{"id":629800,"date":"2018-04-02T04:59:02","date_gmt":"2018-04-02T04:59:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=629800"},"modified":"2025-12-17T11:06:59","modified_gmt":"2025-12-17T11:06:59","slug":"busy-day-for-house-as-it-debates-ride-sharing-act-gets-budget","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/busy-day-for-house-as-it-debates-ride-sharing-act-gets-budget\/","title":{"rendered":"Busy day for House as it debates ride-sharing act, gets budget"},"content":{"rendered":"<section id=\"629802\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629802\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/what-were-tracking-on-01-april-2018\/\">\r\n                            What we\u2019re tracking on 01 April 2018                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/what-were-tracking-on-01-april-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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It remains unclear whether the discussion will culminate in a vote on the legislation, which has been fast-tracked through Cabinet and <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/ride-hailing-apps-act-gets-preliminary-approval-from-house-committees\/\">House committees<\/a> after the Administrative Court ordered last month that Uber and Careem be shut down. The law has rubbed most stakeholders the wrong way, and the Council of State (Maglis El Dawla) is also now calling the legislation\u2019s constitutionality into question. We have the full story in Speed Round, below.<\/p><p><strong>Parliament could receive the FY2018-19 state budget today<\/strong>, with House Speaker Ali Abdel Aal expected to refer it to the House Planning and Budgeting Committee during today\u2019s session, <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/1\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%AD%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%88%D8%AE%D8%B7%D8%A9-%D8%A7%D9%84%D8%AA%D9%86%D9%85%D9%8A%D8%A9-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D8%A5%D9%84%D9%89-%D9%84%D8%AC%D9%86%D8%A9\/3723192\">Youm7 reports<\/a>. Discussions on the budget will only officially begin following Finance Minister Amr El Garhy address to the assembly, the date for which has yet to be set. <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/29\/pm-receives-fy2018-19-budget-for-review-before-shipping-it-off-to-the-house-by-31-march\/\">Last we heard<\/a>, Cabinet was awaiting sign-off from President Abdel Fattah El Sisi before shipping the budget to the House of Representatives.<\/p><p><strong>The House general assembly will also discuss today a draft law establishing the Supreme Anti-Terrorism and Anti-Extremism Committee<\/strong>, which Cabinet <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/04\/ismail-cabinet-forms-new-supreme-anti-terrorism-and-extremism-committee\/\">approved in January<\/a>, as well as reports from various House committees on the Consumer Protection Act and a draft law that would regulate food trucks and carts.<\/p><p><strong>Also on the docket for today:<\/strong> Holding final plenary session votes on legislation regulating the National Women\u2019s Council, a bill that would give incentives for innovation and scientific research, and amendments to the law on reclaiming state-owned land.<\/p><p>After today\u2019s flurry of votes, <strong>the House will then go back into recess for the remainder of the week in observance of Easter. <\/strong><\/p><p><strong>The results of the presidential elections are due to be announced today at 3:00 pm.<\/strong> Preliminary results showed President Abdel Fattah El Sisi won 92% of the vote with a turnout just north of 40%.<\/p><p><strong>Pharos Holdings will be holding a two-day investor conference headlined \u2018In Search of Egypt Alpha\u2019 today and tomorrow. <\/strong>The event, set to see a number of senior government officials in attendance, is expected to host around 40 companies from a range of industries, Chairman and CEO Elwy Taymour <a href=\"https:\/\/ent.news\/2018\/3\/384.pdf\">said in a statement (pdf)<\/a>. The opening day will see panel discussions on the energy and petrochemicals, while the second day will see meetings between fund managers and company reps.<\/p><p><strong>And the yields keep tumbling down:<\/strong> Average yields on Egypt\u2019s three- and nine-month treasury bills fell at an auction on Sunday, <a href=\"http:\/\/www.cbe.org.eg\/en\/Auctions\/Pages\/AuctionsEGPTBills.aspx\">CBE data showed<\/a>. Yields on three-month bills fell to 17.63% from 17.99% at the last similar sale a week earlier, while yields on nine-month bills decreased to 16.88% from 17.33%. Dropping yields have raised concerns that Egyptian treasuries will be less attractive to portfolio investors and carry traders, especially after the central bank cut interest rates on Thursday by 100 bps. But <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/egypts-carry-trade-to-stay-good-until-end-of-2018-arqaam\/\">as we noted yesterday<\/a>, few analysts see the carry trade losing momentum any time soon, with Egypt still looking like the hot EM trade.<\/p><p><strong>Falling yields come amid concerns that interest in emerging market debt is tapering off.<\/strong> \u201cEmerging market funds are not seeing the inflows that they saw last year, investors are becoming more selective and issuers are making concessions on pricing,\u201d executive director of fixed income syndicate at JPMorgan Nick Darrant <a href=\"https:\/\/www.ft.com\/content\/67c80194-3011-11e8-ac48-10c6fdc22f03\">tells the Financial Times<\/a>. Inflows into EM debt funds are slowing, while higher bond yields have driven returns for the sector into negative territory. The JPMorgan global EM bond index has fallen 2.3% so far in 2018 after a 9.1% total return gain for 2017. <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/22\/em-bonds-may-have-lost-their-flavor-but-em-equities-hit-new-highs\/\">Last month, we noted<\/a> that EM debt has been underperforming compared to EM equities.<\/p><p><strong>If history is a gauge, Saudi may not want to loudly celebrate its recent FTSE upgrade to EM status<\/strong>. \u201cQatar and the UAE, saw stock rallies fade after MSCI upgrades in May 2014, suggesting that Saudi Arabia could also see a slowdown of the flows,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-01\/saudi-arabian-emerging-market-status-comes-with-sobering-history\">writes Filipe Pacheco for Bloomberg<\/a>. Pakistan\u2019s main index lost 15% last year, even after MSCI gave it an EM upgrade last June. MSCI will make a decision on classifying Saudi Arabia in June.<\/p><p>Other headlines of note this morning:<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>MUST READ for fintech types: Investment in fintech for capital markets fell by more than half in 2017<\/strong> compared to each of the previous two years, according to Boston Consulting Group, which says that USD 570 mn was invested in capital markets fintech companies last year against nearly USD 1.2 bn in each of 2015 and 2016. Companies focused on pre-trade activities won 39% of total investment in capital markets fintech companies, while those concussed on execution landed 35%. Just 4% went into the \u201c\u2018primary\u2019 area of issuing stocks and bonds, where bankers say technology has had almost no impact on their working practices in the past decade.\u201d (<a href=\"https:\/\/www.ft.com\/content\/2bd2a50a-3349-11e8-b5bf-23cb17fd1498\">Financial Times<\/a>)<\/p><p><strong>An idea for the EGX to consider? Kuwait\u2019s stock exchange has launched a \u201cpremier market\u201d <\/strong>segment that groups together 16 of the nation\u2019s largest and most liquid companies. Premier segment members include NBK, Zain and Agility. Its \u201cmain market,\u201d comprising smaller and less-liquid companies, will have 148 members, while a third layer of illiquid names will be classified as the \u201cauction market.\u201d (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-31\/market-shake-up-deepens-in-kuwait-in-bid-to-draw-stock-investors\">Bloomberg<\/a>)<\/p><p><strong>Bahrain\u2019s biggest oil find since 1932 dwarfs its present-day reserves<\/strong>, the nation\u2019s state-owned news service said, without giving figures. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-01\/bahrain-says-its-biggest-oil-find-since-1932-dwarfs-reserves\">Bloomberg<\/a>)<\/p><p><strong>Have you shopped at Saks or Lord &amp; Taylor in Canada or the United States? You\u2019ll want to keep an eye on your credit card statement.<\/strong> Canadian retailer Hudson\u2019s Bay, which owns the two iconic brands, said yesterday that \u201cmns\u201d of credit cards may have been stolen, making it one of the largest breaches involving payment cards in the past year. (<a href=\"https:\/\/www.reuters.com\/article\/us-hudson-s-bay-databreach\/saks-lord-taylor-hit-by-payment-card-data-breach-idUSKCN1H81E8\">Reuters<\/a>)<\/p><p><strong>Continent of snitches: <\/strong>It looks like our fake-news snitch hotline inspired the European Commission, which is gearing up to crack down on social media platforms that play a role in online \u201cdisinformation,\u201d <a href=\"https:\/\/www.ft.com\/content\/dbc722b0-3407-11e8-ae84-494103e73f7f\">the Financial Times reports<\/a>. The move comes ahead of elections to the European Parliament, which the commission is concerned could see repeated patterns of social media algorithms driving content that would have an impact on voter opinion.<\/p><p><strong>PSA- The Easter and Sham El Nessim long weekend is coming up: <\/strong>The two holidays fall on 8 and 9 April, respectively. We hope you\u2019re looking forward to a four-day weekend as much as we are. <strong>Enterprise will be off next Sunday and Monday <\/strong>in observance of the holidays.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629803\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: 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0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629804\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629804\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/what-were-tracking-this-week-32\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/what-were-tracking-this-week-32\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li 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alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/what-were-tracking-this-week-32\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629804\" class=\"content-area-description single-story post-629804 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>GERD talks kicking off again this week:<\/strong> The ministers of foreign affairs and irrigation, as well intelligence chiefs from Egypt, Sudan, and Ethiopia, are scheduled to meet on Wednesday and Thursday to resume talks over the Grand Ethiopian Renaissance Dam (GERD). This comes as <strong>Ethiopia is <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-ethiopia-politics\/ethiopia-to-swear-in-new-prime-minister-on-april-2-idUSKBN1H52A3\"><strong>set to swear in<\/strong><\/a><strong> Abiy Ahmed as <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/28\/abiy-ahmed-is-ethiopias-new-prime-minister\/\"><strong>its new prime minister<\/strong><\/a><strong> today,<\/strong> after Hailemariam Desalegn\u2019s sudden resignation in February postponed dam negotiations. The three countries had <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/13\/sudan-ethiopia-refuse-to-ratify-gerd-impact-studies\/\">reached a gridlock<\/a> on the dam last year, but <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/30\/egypt-sudan-ethiopia-set-one-month-deadline-to-resolve-issues-in-gerd-talks\/\">agreed in January<\/a> to continue looking for a solution.<\/p>\n<p><strong>The <\/strong><a href=\"http:\/\/eventtus.com\/event\/f8cdetifel3v07yhu3rppqm3cly44ggu\"><strong>Game Sports Industry Conference<\/strong><\/a> \u2014 Egypt\u2019s first-ever platform dedicated to the sports industry \u2014 kicks off in Cairo on Wednesday 11 April.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629805\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629805\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/on-the-horizon-40\/\">\r\n       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<a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/on-the-horizon-40\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629805\" class=\"content-area-description single-story post-629805 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>An Egyptian-Portuguese Business Forum is set to take place in the first half of this month,<\/strong> Trade and Industry Minister Tarek Kabil <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/1638430082892453\">announced<\/a>, following up on a round of talks <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/19\/what-were-tracking-on-19-october-2017\/\">held this past October<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629806\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629806\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves\/\">\r\n                            Drama between Al Masry Al Youm and the Supreme Media Council unfolds on the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves\/\" target=\"_blank\">\n                    Open in new tab   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       <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Drama between Al Masry Al Youm and the Supreme Media Council unfolds on the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves\/&title=Drama between Al Masry Al Youm and the Supreme Media Council unfolds on the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Drama+between+Al+Masry+Al+Youm+and+the+Supreme+Media+Council+unfolds+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fdrama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629806\" class=\"content-area-description single-story post-629806 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>The unfolding drama between Al Masry Al Youm and the Supreme Media Council was the highlight<\/strong> of an evening nearly devoid of economy and business stories.<\/p>\n<p><strong>The flap, which is dominating headlines on Egypt at home and abroad, kicked off after our friends at the daily newspaper Al Masry Al Youm were slapped with a EGP 150,000 fine<\/strong> by the Supreme Media Council on Sunday. The newspaper had gotten into hot water for publishing a story on the front page of its Thursday print edition alleging coercion by government officials to bolster turnout during the presidential elections. The newspaper had retracted the story, but not before the National Elections Authority (NEA) filed a complaint with the Supreme Media Council. The Council also ordered an investigation by the Press Syndicate of the newspaper\u2019s editor-in-chief, according to a copy of the order <a href=\"http:\/\/gate.ahram.org.eg\/News\/1859506.aspx\">published by Ahram Gate<\/a>.<\/p>\n<p><strong>The NEA had also filed a complaint against the New York Times<\/strong>, <a href=\"http:\/\/www.sis.gov.eg\/Story\/128164?lang=en-us\">according to the State Information Service (SIS)<\/a>. The NYT had <a href=\"https:\/\/www.nytimes.com\/2018\/03\/27\/world\/middleeast\/egypt-election-sisi.html\">published an article<\/a> last week alleging that the government had engaged in vote buying. The Supreme Media Council then fined news website Masr Al Arabia EGP 50,000 for <a href=\"http:\/\/www.masralarabia.com\/%D8%B5%D8%AD%D8%A7%D9%81%D8%A9-%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9\/1473320-%D9%86%D9%8A%D9%88%D9%8A%D9%88%D8%B1%D9%83-%D8%AA%D8%A7%D9%8A%D9%85%D8%B2--%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D9%88%D9%86-%D9%8A%D8%B2%D8%AD%D9%81%D9%88%D9%86-%D9%84%D9%84%D8%A7%D9%86%D8%AA%D8%AE%D8%A7%D8%A8%D8%A7%D8%AA-%D9%85%D9%86-%D8%A3%D8%AC%D9%84-3-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D8%A7%D8%AA\">running a story<\/a> on the NYT article, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=621146c5-ef34-4ba8-9810-6012022f52aa\">Al Shorouk reports<\/a>. Reuters <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-election-tactics\/item-withdrawn-food-buses-and-cash-getting-out-the-vote-the-egyptian-way-idUSKBN1H50XJ\">had retracted a similar story<\/a> over the weekend after the SIS <a href=\"http:\/\/www.sis.gov.eg\/Story\/128126?lang=en-us\">raised objections with the news agency<\/a>. SIS then suggested it would \u201csummon\u201d foreign journalists over their coverage of the presidential elections, <a href=\"https:\/\/www.independent.co.uk\/news\/world\/africa\/election-egypt-threat-journalist-president-sisi-summon-a8283406.html\">Peter Stubley writes for The Independent<\/a>. \u201cAny foreign article written in a non-professional manner regarding the presidential election will receive a direct and clear response,\" said SIS head of operations Mohammed Imam. The story is getting significant traction with the foreign press, <a href=\"http:\/\/abcnews.go.com\/International\/wireStory\/egypt-media-body-fines-newspaper-election-coverage-54161258\">including from the AP<\/a>.<\/p>\n<p><strong>On the airwaves last night, Supreme Media Council head Makram Mohamed Ahmed slammed Al Masry Al Youm for insinuating that the state was buying votes<\/strong> and said that the newspaper\u2019s \u201cunprofessional\u201d coverage comes at a \u201csensitive time\u201d for Egypt. Ahmed claimed that a representative from the newspaper acknowledged that the article in question lacked professionalism and offered an apology. He also defended Beheira\u2019s governor\u2019s promise to provide services such as new sewage systems to incentivize voters, saying that this was not a bribe and is a completely orthodox rallying technique used all around the world (<a href=\"https:\/\/www.youtube.com\/watch?v=8TTwJGQ-T60\">watch, runtime: 7:24<\/a>).<\/p>\n<p><strong>Plot twist:<\/strong> AMAY\u2019s Editor-in-Chief Mohamed El Sayed Saleh said that, as far as he is concerned, the council did not meet with anybody who can speak on the newspaper\u2019s behalf. Saleh continued to defend his publication and said that it had pointed to the government\u2019s \u201cpositive efforts\u201d to rally voters (<a href=\"https:\/\/www.youtube.com\/watch?v=6dXq9KrF2h0\">watch, runtime: 6:32<\/a>).<\/p>\n<p><strong>Journalists\u2019 Syndicate head Abdel Mohsen Salama was far less impassioned in his defense of the newspaper<\/strong>, telling Hona Al Asema\u2019s Lamees Al Hadidi that the whole issue is due to a difference in interpretation and that all sides are working to resolve the misunderstanding (<a href=\"https:\/\/www.youtube.com\/watch?v=9_8WgD2lI8w\">watch, runtime: 6:55<\/a>).<\/p>\n<p><strong>The flap over press freedom comes as Arab League election observers praised the presidential election and gave it a clean bill of health, <\/strong><a href=\"http:\/\/www.sis.gov.eg\/Story\/128175?lang=en-us\">according to SIS<\/a>. It noted insignificant \u201cirregularities\u201d such as banners remaining up during the campaign quiet period and a lack of privacy at the ballot box<strong>, <\/strong>mission head Haifa Abu Ghazala told reporters yesterday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=a6d6f9e1-8d71-44a9-9dae-c70e875b33ad\">according to Al Shorouk<\/a>.<\/p>\n<p><strong>Unable to stay away from elections coverage for one evening<\/strong>, Lamees took the time to hail the estimated voter turnout rate of 41.3% as \u201chistoric\u201d and \u201cunexpected\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=TfPzCMz8gCU\">watch, runtime: 7:16<\/a>). However, she noted that the number of invalid votes is the highest ever in any Egyptian election and should not be ignored, and that the government should listen to opposition voices (<a href=\"https:\/\/www.youtube.com\/watch?v=1kYI_vtBvHM\">watch, runtime: 2:28<\/a>).<\/p>\n<p><strong>Al Wafd Party is looking to avoid the same mistake as this year<\/strong> and plans to announce a candidate for the 2022 presidential elections by 2021, party member Tarek Tohamy said (<a href=\"https:\/\/www.youtube.com\/watch?v=T8qFsFqnJB8\">watch, runtime: 6:00<\/a>).<\/p>\n<p><strong>Now that the presidential poll is out of the way, what about municipal elections?<\/strong> Kol Youm\u2019s Amr Adib spent a chunk of his evening fretting about the delay in holding municipal elections \u2014 which he sees as the solution for issues like garbage collection \u2014and begged Parliament to pass the Local Administration Act as soon as possible (<a href=\"https:\/\/www.youtube.com\/watch?v=2s3pF3FzzOM\">watch, runtime: 7:12<\/a>). The law was finalized last year but is pending final sign-off, MP Ahmed Al Segini told Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=l40mcXaFBrg\">watch, runtime: 7:12<\/a>).<\/p>\n<p><strong>The Administrative Court\u2019s ruling against ride-hailing apps Uber and Careem has already resulted in a downturn in business<\/strong>, Careem Egypt CEO Rami Kato told Yahduth fi Masr\u2019s Sherif Amer. He noted that the company had been in talks with the government for over a year to legalize its operations. House Transport Committee secretary-general Mohamed Zeineldin continued to defend the Ride-Hailing Apps Act as an attempt to legalize the apps\u2019 operations while protecting white taxi drivers\u2019 jobs (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/563323184045992\/\">watch, runtime: 2:34<\/a>).<\/p>\n<p>Meanwhile, <strong>the market appears to be having mixed feelings about the <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/egypt-is-going-to-have-electric-cars-soon\/\"><strong>government\u2019s decision<\/strong><\/a><strong> to allow imports of used electric cars<\/strong>. The Federation of Egyptian Industries\u2019 Hamdy Abdel Aziz believes the move is a step in the right direction, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1277311\">telling Al Masry Al Youm<\/a> that in addition to the environmental benefits, it will also create a market for electric cars in Egypt, which could make open up new avenues for investment and trade in the auto industry. He also said it would help the government in its goals to reduce reliance on fossil fuels and eventually bring its energy bill down. The Federation of Egyptian Chambers of Commerce said the decision was too hasty and did not consider the market\u2019s readiness to accommodate electric cars, which are generally steeper in price than fuel-operated autos. General Motors\u2019 Shady El Safty also believes the country\u2019s infrastructure is not ready to accommodate the move, and called on Trade and Industry Minister Tarek Kabil to postpone electric car imports until the market is brought up to speed (<a href=\"https:\/\/www.youtube.com\/watch?v=tZXl8b-aNVs\">watch, runtime: 6:02<\/a>).<\/p>\n<p><strong>Consumer Protection Agency head Atef Yacoub is still on his tirade against cement and steel manufacturers<\/strong>, saying that recent price hikes on the commodities are \u201cunjustified\u201d particularly in light of reduced production. The Association of Citizens Against High Prices is throwing its weight behind Yacoub and has filed a separate complaint on the issue with the Egyptian Competition Authority, association head Mahmoud El Askalany told Masaa DMC\u2019s Eman El Hosary. Meanwhile, MP Mohamed Badrawy said that the spike in cement prices is likely due to two cement factories in North Sinai halting operations, claiming that the problem is being resolved and prices are edging back down (<a href=\"https:\/\/www.youtube.com\/watch?v=V7mld-3Ql1E\">watch, runtime: 13:32<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629807\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629807\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/\">\r\n                            Ezdehar to acquire 22.5% stake in Dsquares?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ezdehar to acquire 22.5% stake in Dsquares?&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/&title=Ezdehar to acquire 22.5% stake in Dsquares?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ezdehar+to+acquire+22.5%25+stake+in+Dsquares%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fezdehar-to-acquire-22-5-stake-in-dsquares%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/ezdehar-to-acquire-22-5-stake-in-dsquares\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629807\" class=\"content-area-description single-story post-629807 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>M&A WATCH- Ezdehar\u2019s Egypt Mid-Cap fund is planning to acquire a 22.5% stake in digital marketing and IT solutions firm <\/strong><a href=\"http:\/\/www.dsquares.com\/\"><strong>Dsquares<\/strong><\/a> in a transaction estimated to be worth EGP 100 mn, <a href=\"https:\/\/alborsanews.com\/2018\/04\/01\/1096762\">sources close to the transaction said<\/a>. Details on the transaction are scarce, but sources said that Al Tamimi Law Firm has been tapped as Ezdehar\u2019s legal adviser on the transaction, while TMS Law Firm is the sell-side counsel. Ezdehar Managing Partner <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/05\/ezdehar-egypt-to-invest-usd-80-mn-in-export-heavy-industrial-sectors-non-banking-financial-services-this-year\/\">Emad Barsoum had said<\/a> that the firm was planning to invest USD 80 mn in export oriented businesses this year, including in outsourcing.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629817\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629818\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629818\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/\">\r\n                            Post-election coverage, SIS threatens to summon foreign journalists                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Post-election coverage, SIS threatens to summon foreign journalists&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/&title=Post-election coverage, SIS threatens to summon foreign journalists\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Post-election+coverage%2C+SIS+threatens+to+summon+foreign+journalists+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fpost-election-coverage-sis-threatens-to-summon-foreign-journalists%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/post-election-coverage-sis-threatens-to-summon-foreign-journalists\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629818\" class=\"content-area-description single-story post-629818 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>As we noted above, press and political freedom continued to dominate headlines on Egypt internationally. <\/strong>Beyond coverage of Al Masry Al Youm\u2019s fine, there\u2019s a wave of stories critical of the state of political freedom in Egypt. <a href=\"https:\/\/www.wsj.com\/articles\/egypts-92-president-1522612723?mod=searchresults&page=1&pos=1\">The Wall Street Journal\u2019s editorial board<\/a> writes that President Abdel Fattah El Sisi winning the election by c. 92% of the vote \u201csays all you need to know about the contest. Yet Mr. Sisi \u2026 should use his second term to allow more moderate voices to emerge as a channel for political dissent even as he stresses economic growth and crushing an Islamist insurgency in the Sinai.\u201d<\/p>\n<p><strong>Activists tell <\/strong><a href=\"https:\/\/www.telegraph.co.uk\/news\/2018\/04\/01\/young-generation-learned-could-say-no-egypts-2011-revolutionaries\/\"><strong>The Telegraph\u2019s Raf Sanchez<\/strong><\/a><strong> the election saw Sisi consolidate his power. <\/strong>They see \u201clittle chance of another mass show of people power like in Tahrir Square anytime soon.\u201d One college professor suggested that political space will open up again once Egypt\u2019s security situation is stable. HA Hellyer almost repeats the same point in <a href=\"https:\/\/www.theatlantic.com\/international\/archive\/2018\/04\/egypt-election-sisi-trump\/557030\/\">his piece for the Atlantic<\/a>. Egypt desks at foreign papers must be paid by the word.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629819\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629819\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/\">\r\n                            Punditocracy was in overdrive over the election turnouts and spoiled ballots                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Punditocracy was in overdrive over the election turnouts and spoiled ballots&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/&title=Punditocracy was in overdrive over the election turnouts and spoiled ballots\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Punditocracy+was+in+overdrive+over+the+election+turnouts+and+spoiled+ballots+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fpunditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/punditocracy-was-in-overdrive-over-the-election-turnouts-and-spoiled-ballots\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629819\" class=\"content-area-description single-story post-629819 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The punditocracy has been in overdrive in past few days over turnout rates and the number of spoiled ballots in the presidential elections.<\/strong> <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=29032018&id=30b28053-bf19-456e-a7d6-55878112ac66\">Al Shorouk\u2019s<\/a> Emad El Din Hussein says that while overall turnout was quite impressive considering the lack of competition, it\u2019s not hard to see why it would be disappointing for the government given its rallying efforts. <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1276640\">Abbas El Tarabily<\/a> and <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1277265\">Amr Hashim Rabie<\/a> both took to the pages of Al Masry Al Youm to hypothesize that it was exactly these rallying efforts (particularly the threat of a EGP 500 fine for no-shows) that helped turnout rates. They point out that the government should nonetheless take heed of the high number of invalidated ballots as an indicator of voter dissatisfaction. <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1277268\">Hamdy Rizk<\/a>, however, sees the spoiled ballots as a sign that calls to boycott were ineffective. In any case, <a href=\"https:\/\/www.elwatannews.com\/news\/details\/3225322\">El Watan\u2019s<\/a> Amina Khairy says that political parties should begin working from now to prepare candidates for the 2022 elections to avoid a repetition of this year\u2019s lack of competition.<\/p>\n<p>Meanwhile, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1276571\"><strong>Abdel Nasser Salama<\/strong><\/a><strong> took aim at the state\u2019s handling of the elections\u2019 media coverage<\/strong>, specifically the Supreme Media Council\u2019s decision to penalize Al Masry Al Youm for a controversial headline. Salama slams the move as the culmination of the council\u2019s outdated policy of trying to control the press and force private outlets to mimic state-owned newspapers, saying that AMAY should not be punished for telling the truth rather than twisting the facts to paint a prettier picture.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629820\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629820\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/\">\r\n                            The influence of Sci-Fi on the real world                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The influence of Sci-Fi on the real world&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/&title=The influence of Sci-Fi on the real world\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+influence+of+Sci-Fi+on+the+real+world+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fthe-influence-of-sci-fi-on-the-real-world%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1586.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629821\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/the-influence-of-sci-fi-on-the-real-world\/1586-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1586.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1586.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1586.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1586.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629820\" class=\"content-area-description single-story post-629820 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Many of the tech devices we know today appeared first in works of science fiction decades ago,<\/strong> <a href=\"https:\/\/www.facebook.com\/TheEconomist\/videos\/10156442642539060\/\">according to the Economist<\/a>. For that mobile phone in your hand, you can thank Captain Kirk and Star Trek. And of course, all this talk of flying taxi drones must have been ripped off from Blade Runner. \u201cSci-Fi inspires real-world technology. It also provides a way to explore the moral dilemmas that advanced technologies could pose,\u201d the report says. Paul McAuley says Sci-Fi is about our fears of where technology is going to go. This might explain why most Sci-Fi works depict a dystopian future with man vs. machine scenarios. Yet in these moments of fear about the present, there is inspiration for genius to come (<a href=\"https:\/\/www.facebook.com\/TheEconomist\/videos\/10156442642539060\/\">watch, runtime: 06:00<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629822\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629822\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/\">\r\n                            Egypt, Sudan sign agreement for Halfa-Aswan cruise line                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt, Sudan sign agreement for Halfa-Aswan cruise line&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/&title=Egypt, Sudan sign agreement for Halfa-Aswan cruise line\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%2C+Sudan+sign+agreement+for+Halfa-Aswan+cruise+line+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fegypt-sudan-sign-agreement-for-halfa-aswan-cruise-line%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-sudan-sign-agreement-for-halfa-aswan-cruise-line\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629822\" class=\"content-area-description single-story post-629822 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt, Sudan agree to set up Halfa-Aswan cruise line:<\/strong> The Egyptian-Sudanese Nile River Valley Transport Corporation signed yesterday an agreement with France\u2019s Voyage Sur Le Nil to operate a cruise line between Halfa and Aswan, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=2059d46b-3b67-4870-bccb-67a4f61fe25d\">Al Shorouk reports<\/a>. Relations between Cairo and Khartoum have continued to improve over the past several weeks following flaring tensions over the Grand Ethiopian Renaissance Dam (GERD) and disputes over border territories.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629823\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629823\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/\">\r\n                            JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/&title=JICA and NREA sign USD 106 mn loan for 20 MW Hurghada solar power plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=JICA+and+NREA+sign+USD+106+mn+loan+for+20+MW+Hurghada+solar+power+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fjica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629823\" class=\"content-area-description single-story post-629823 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a5c38d0e-e7fd-4e47-ae8c-1d099e280f98.mp3\"><\/audio><\/figure>\n<p>The New and Renewable Energy Authority (NREA) and the Japan International Cooperation Agency (JICA) have signed a USD 106 mn loan agreement to fund a 20 MW solar power plant in Hurghada, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1277111\">Al Masry Al Youm reports<\/a>. JICA appears to have upped the loan from an initial USD 60 mn <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/10\/jica-approved-usd-60-mn-to-fund-solar-power-plant-in-hurghada\/\">approved in October<\/a>. The project, which had been in limbo for over two years, will be put up for an international tender by September this year, says NREA chief Mohamed El Khayat. The power plant is set to begin production by mid-2019.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629824\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629824\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/\">\r\n                            Supply minister, prime minister to discuss local wheat prices for upcoming harvest season next week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Supply minister, prime minister to discuss local wheat prices for upcoming harvest season next week&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/&title=Supply minister, prime minister to discuss local wheat prices for upcoming harvest season next week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Supply+minister%2C+prime+minister+to+discuss+local+wheat+prices+for+upcoming+harvest+season+next+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fsupply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/supply-minister-prime-minister-to-discuss-local-wheat-prices-for-upcoming-harvest-season-next-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629824\" class=\"content-area-description single-story post-629824 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1a7d85b1-c009-476a-8430-a03ff464d06d.mp3\"><\/audio><\/figure>\n<p>Supply Minister Ali El Moselhy is expected to meet next week with Prime Minister Sherif Ismail next week to discuss the price of buying local wheat for the upcoming harvest season, Farmers Union head El Nouby Abul Loz <a href=\"http:\/\/almalnews.com\/Story\/370992\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86-%D9%8A%D8%A8%D8%AD%D8%AB-%D9%85%D8%B9-%D8%A7%D9%84%D9%81%D9%84%D8%A7%D8%AD%D9%8A%D9%86-%D8%A7%D9%84%D8%B2%D8%B1%D8%A7%D8%B9%D9%8A%D9%8A%D9%86-%D8%B3%D8%B9%D8%B1-%D8%A5%D8%B1%D8%AF%D8%A8-%D8%A7%D9%84%D9%82%D9%85%D8%AD\">tells Al Mal<\/a>. Farmers are pushing to set the price at EGP 700 per ardib, up from EGP 555 last year, Abul Loz told El Moselhy during a meeting yesterday. Abul Loz <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/25\/government-to-purchase-over-4-mn-tonnes-of-local-wheat-this-year\/\">had previously said<\/a> that he expects the government to raise wheat prices by EGP 100 to EGP 655 per ardib, despite government sources <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/07\/govt-expected-to-raise-local-wheat-buying-price-egp-15-20-per-ardib\/\">saying last month<\/a> that the buying price would likely be based on average local and global prices, which would increase it by EGP 15-20 per ardib. The harvest season runs from mid-April until July and the government is expecting to purchase over 4 mn tonnes of local wheat this year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629825\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629825\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\">\r\n                            Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/&title=Emaar appears to have hit a snag in talks to buy 1,500 feddans in the new capital\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Emaar+appears+to+have+hit+a+snag+in+talks+to+buy+1%2C500+feddans+in+the+new+capital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Femaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/emaar-appears-to-have-hit-a-snag-in-talks-to-buy-1500-feddans-in-the-new-capital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629825\" class=\"content-area-description single-story post-629825 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.3962552e-4c84-4805-ba02-d34e4a2ac8a7.mp3\"><\/audio><\/figure>\n<p>Emaar Misr appears to have hit an impasse in talks to buy 1,500 feddans in the new capital with the New Administrative Capital Company for Urban Development, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=6f066729-0d6b-485f-8eb5-271c75f9347f\">according to Al Shorouk<\/a>. The state-owned company is not budging on selling the land to Emaar Misr for less than EGP 4,000 per sqm. Emaar Misr has offered EGP 3,500 per sqm.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629826\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629826\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/\">\r\n                            Sharm El Sheikh, Hurghada ranked as world\u2019s top inexpensive luxury holiday destinations                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Sharm El Sheikh, Hurghada ranked as world\u2019s top inexpensive luxury holiday destinations&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/&title=Sharm El Sheikh, Hurghada ranked as world\u2019s top inexpensive luxury holiday destinations\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Sharm+El+Sheikh%2C+Hurghada+ranked+as+world%E2%80%99s+top+inexpensive+luxury+holiday+destinations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fsharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/sharm-el-sheikh-hurghada-ranked-as-worlds-top-inexpensive-luxury-holiday-destinations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629826\" class=\"content-area-description single-story post-629826 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.bd39f333-e878-46a0-bd4a-c72d4fbf8816.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> Sharm El Sheikh and Hurghada have topped the list of 100 cities for inexpensive five-star hotel breaks, according to a <a href=\"https:\/\/www.skyscanner.ae\/tips-and-inspiration\/hotels\/the-100-cheapest-cities-for-five-star-hotel-breaks\/\">report by Skyscanner<\/a>. The two Red Sea resort towns cost an average of USD 106 and USD 122 per night at five-star hotels, respectively. Cairo came in 40th, costing USD 254 per night at a luxury hotel. Other Arab cities on the list included a surprising number of UAE and GCC cities. Sharjah, Abu Dhabi, Marrakech, and Mecca are all on the list.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629828\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629828\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/\">\r\n                            SEMAF eyes part of 64 metro trains won by Alstom and Rotem                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=SEMAF eyes part of 64 metro trains won by Alstom and Rotem&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/&title=SEMAF eyes part of 64 metro trains won by Alstom and Rotem\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=SEMAF+eyes+part+of+64+metro+trains+won+by+Alstom+and+Rotem+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fsemaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/semaf-eyes-part-of-64-metro-trains-won-by-alstom-and-rotem\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629828\" class=\"content-area-description single-story post-629828 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.301cffd1-c742-49a9-af4b-2afe370874eb.mp3\"><\/audio><\/figure>\n<p>The Arab Organization for Industrialization\u2019s SEMAF factory is in talks with France\u2019s Alstom and Hyundai Rotem to manufacture some of 64 new metro trains for the third and fourth phases of the Cairo Metro Line 3, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=d9f1ecf9-0f42-4a6f-be5e-2aec20eb68bc\">Al Shorouk reports<\/a>. Hyundai Rotem had <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/hyundai-rotem-lands-eur-350-mn-contract-to-supply-metro-cars\/\">signed a EUR 350 mn contract<\/a> for 32 air-conditioned metro cars back in July.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629829\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629829\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/\">\r\n                            B Investments to pump additional investments this year to microfinance subsidiary Vitas                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=B Investments to pump additional investments this year to microfinance subsidiary Vitas&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/&title=B Investments to pump additional investments this year to microfinance subsidiary Vitas\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=B+Investments+to+pump+additional+investments+this+year+to+microfinance+subsidiary+Vitas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fb-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/b-investments-to-pump-additional-investments-this-year-to-microfinance-subsidiary-vitas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629829\" class=\"content-area-description single-story post-629829 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.38d12312-258d-49fd-b76f-8e1e7485866b.mp3\"><\/audio><\/figure>\n<p>B Investments plans to use some of the EGP 150 mn it will invest in SME finance subsidiary Ibtikar towards raising the capital of regional microfinance firm Vitas Group \u2014 itself a subsidiary of Ibtikar, founding partner Aladdin Saba <a href=\"https:\/\/alborsanews.com\/2018\/04\/01\/1096754\">reportedly said<\/a> on Sunday. B Investments wants Vitas\u2019 capital to increase to EGP 80 mn from a current EGP 30 mn. Vitas only has a temporary license from the Financial Regulatory Authority to operate in Egypt, but is expected to receive a full permit soon, Saba said. The investment is part of EGP 600 mn B Investments has allocated this year towards growing its subsidiaries. The vast majority of those funds were <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/b-investments-stock-price-jumps-10-in-egx-debut\/\">proceeds from its IPO last week<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629831\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629831\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/\">\r\n                            Gov\u2019t establishes specialized investment zone in Damietta                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t establishes specialized investment zone in Damietta&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/&title=Gov\u2019t establishes specialized investment zone in Damietta\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+establishes+specialized+investment+zone+in+Damietta+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fgovt-establishes-specialized-investment-zone-in-damietta%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/govt-establishes-specialized-investment-zone-in-damietta\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629831\" class=\"content-area-description single-story post-629831 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.a67d95c4-6b74-4a03-9760-e5f21529f7a2.mp3\"><\/audio><\/figure>\n<p>Prime Minister Sherif Ismail issued a decision yesterday establishing a specialized investment zone in Damietta for furniture manufacturing and related industries, <a href=\"http:\/\/www.almalnews.com\/Story\/370954\/15\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D8%B5%D8%AF%D8%B1-%D9%82%D8%B1%D8%A7%D8%B1%D8%A7-%D8%A8%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A8%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A9-%D8%AF%D9%85%D9%8A%D8%A7%D8%B7\">Al Mal reports<\/a>. The Damietta Furniture City Company will develop and manage the 331-feddan zone, which will also include hotels, shopping malls, hospitals, and other services. Separately, Trade and Industry Minister Tarek Kabil announced that the first phase of Damietta Furniture City will be completed in May this year, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1276319\">Al Masry Al Youm<\/a>. The furniture manufacturing complex will be host to some 1,400 workshops. Work began on the project <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\">last year<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629832\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629832\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/\">\r\n                            House majority bloc says post-election cabinet shuffle is likely                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=House majority bloc says post-election cabinet shuffle is likely&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/&title=House majority bloc says post-election cabinet shuffle is likely\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=House+majority+bloc+says+post-election+cabinet+shuffle+is+likely+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fhouse-majority-bloc-says-post-election-cabinet-shuffle-is-likely%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/house-majority-bloc-says-post-election-cabinet-shuffle-is-likely\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629832\" class=\"content-area-description single-story post-629832 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.dc5262ba-c4db-4dbf-8188-1503920a691d.mp3\"><\/audio><\/figure>\n<p>Parliament\u2019s majority bloc, the Support Egypt Coalition, sees that a change in some cabinet positions is likely to take place after the results of the presidential elections are announced, coalition secretary-general Magdy Morshed <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=01042018&id=3df8afdd-ee30-46d2-be6c-3e32f7c0c10d\">tells Al Shorouk<\/a>. Morshed says that an entirely new government should be formed at the beginning of a new presidential term, but that the elected president can choose to keep the prime minister in place if he so wishes. MP Mostafa Bakry tells the newspaper, however, that there is not constitutional requirement for a cabinet change. Bakry <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/14\/what-were-tracking-on-14-march-2018\/\">had previously said<\/a> it is \u201calmost certain\u201d that the Ismail Cabinet would submit its resignation following the elections.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629833\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629833\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/\">\r\n                            National Media Authority is still in talks with FIFA over World Cup broadcasting rights                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=National Media Authority is still in talks with FIFA over World Cup broadcasting rights&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/&title=National Media Authority is still in talks with FIFA over World Cup broadcasting rights\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=National+Media+Authority+is+still+in+talks+with+FIFA+over+World+Cup+broadcasting+rights+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fnational-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/national-media-authority-is-still-in-talks-with-fifa-over-world-cup-broadcasting-rights\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629833\" class=\"content-area-description single-story post-629833 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e3fa0858-1112-4deb-84c3-da7d88fa47d2.mp3\"><\/audio><\/figure>\n<p>The National Media Authority is still in talks with FIFA over broadcasting rights for Egypt\u2019s matches at the World Cup, which kicks off in Russia this June, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/294863\/Egypt\/Politics-\/Egypt-still-in-talks-with-FIFA-to-broadcast-nation.aspx\">Ahram Online reports<\/a>. Qatar\u2019s beIN Sports has already locked down exclusive rights to air the games in the region, but Egypt can still win the rights to broadcast the national team\u2019s matches. \u201cThe rights currently under negotiation include the opening, semi-final and final games plus the matches of fellow Arab teams.\u201d<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629834\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629834\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/\">\r\n                            Egypt honors top swimmer Farida Osman with eponymous swimming complex                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt honors top swimmer Farida Osman with eponymous swimming complex&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/&title=Egypt honors top swimmer Farida Osman with eponymous swimming complex\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+honors+top+swimmer+Farida+Osman+with+eponymous+swimming+complex+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2Fegypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/709.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"629835\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/egypt-honors-top-swimmer-farida-osman-with-eponymous-swimming-complex\/709-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/709.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"709.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/709.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/709.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629834\" class=\"content-area-description single-story post-629834 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Youth and Sports Ministry has unveiled the Farida Osman Swimming Complex<\/strong> in honor of the African record holder and two-time Olympian, according to <a href=\"https:\/\/www.instagram.com\/p\/BhABpZ4ltsY\/?utm_source=ig_embed&utm_campaign=embed_profile_upsell_test\">Osman's Instagram<\/a>. Osman, who was named <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/05\/farida-osman-named-best-african-female-athlete\/\">Best African Female Athlete<\/a> in Prague last year, was the first Egyptian to ever win a medal at the World Aquatics Championships <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/30\/farida-osman-wins-egypts-first-world-aquatics-championship-medal\/\">back in July<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629836\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"629836\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F02%2F629836%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629836\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629836\" class=\"content-area-description single-story post-629836 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.5917 | Sell 17.6911<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.59 | Sell 17.69<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.55 | Sell 17.65<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 17,595 (+0.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.7 bn (48% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +12.7%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session up 0.8%. CIB, the index heaviest constituent ended down 0.7%. EGX30\u2019s top performing constituents were Amer Group up 8.3%, ACC up 6.5%, and Pioneers Holding up 5.8%. Yesterday\u2019s worst performing stocks were Arab Cotton Ginning down 1.5%, Egyptian Resorts down 1.2%, and Egyptian Aluminum down 1.0%. The market turnover was EGP 1.7 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -14.7 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -24.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +39.5 mn<\/p>\n<p><strong>Retail<\/strong>: 74.6% of total trades | 74.2% of buyers | 75.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 25.4% of total trades | 25.8% of buyers | 24.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 7.9% of total | 7.5% of buyers | 8.3% of sellers<br \/>\n <strong>Regional:<\/strong> 10.7% of total | 10.0% of buyers | 11.4% of sellers<br \/>\n <strong>Domestic:<\/strong> 8.41% of total | 82.5% of buyers | 80.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 65.20 (+0.40%)<br \/>\n <strong>Brent:<\/strong> USD 69.72 (+0.55%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.74 MMBtu, (+0.15%, May 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,333.30 \/ troy ounce (+0.45%)<\/p>\n<p><strong>TASI:<\/strong> 7,800.88 (-0.89%) (YTD: +7.95%)<br \/>\n <strong>ADX:<\/strong> 4,583.53 (-0.04%) (YTD: +4.21%)<br \/>\n <strong>DFM:<\/strong> 3,136.36 (+0.90%) (YTD: -6.93%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 415.78 (+1.52%) (YTD: +3.58%)<br \/>\n <strong>QE:<\/strong> 8,669.04 (+1.11%) (YTD: +1.71%)<br \/>\n <strong>MSM:<\/strong> 4,737.17 (-0.76%) (YTD: -7.10%)<br \/>\n <strong>BB: <\/strong>1,303.14 (-1.16%) (YTD: -2.15%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"629837\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/02\/629837\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-629837\" class=\"content-area-description single-story post-629837 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>02-03 April (Monday-Tuesday): Pharos Holding\u2019s investor conference: In Search for Egypt Alpha, Cairo.<\/p>\n<p>08 April (Sunday): Easter Sunday, national holiday.<\/p>\n<p>09 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>11 April (Wednesday): <a href=\"http:\/\/eventtus.com\/event\/f8cdetifel3v07yhu3rppqm3cly44ggu\">The Game Sports Industry Conference<\/a>, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>17-18 April (Tuesday-Wednesday): <a href=\"http:\/\/eventtus.com\/event\/04nlzds95w2ln7x9xbkogyswfj42l1po\">Creative Industry Summit<\/a>, Four Seasons Nile Plaza Hotel, Cairo.<\/p>\n<p>24-25 April (Tuesday-Wednesday): Renaissance Capital\u2019s <a href=\"http:\/\/conference.rencap.com\/Calendar\/\">3rd Annual Egypt Investor Conference<\/a>, Cape Town, South Africa.<\/p>\n<p>25 April (Wednesday): Sinai Liberation Day, national holiday.<\/p>\n<p>01 May (Tuesday): Labor Day, national holiday.<\/p>\n<p>02-03 May (Wednesday-Thursday): Cisco Connect Egypt 2018, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>4-6 May 2018 (Friday-Sunday): <a href=\"http:\/\/icnt.org\/index.html\">International Conference on Network Technology (ICNT 2018)<\/a>, venue TBD, Cairo.<\/p>\n<p>07 May (Monday): <a href=\"http:\/\/www.idcegyptciosummit2018.com\/\">International Data Corporation\u2019s CIO Summit<\/a>, The Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>15 May (Tuesday): Expected date for the start of Ramadan (TBC).<\/p>\n<p>15-17 June (Friday-Sunday): Eid Al Fitr (TBC), national holiday (Look for possible Monday off given the first day falls on a Friday).<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>04-05 September (Tuesday-Wednesday): <a href=\"https:\/\/www.euromoneyconferences.com\/event\/a01D000001355HLIAY\/the-euromoney-egypt-conference-2018\">Euromoney Egypt Conference 2018<\/a>, Cairo.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":629801,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-629800","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f89e3057-6bcb-47a5-b4a8-20fd203f028f","teaser":"","photo_url":"https:\/\/ent.news\/2018\/4\/587.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Busy day for House as it debates ride-sharing act, gets budget - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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