{"id":630009,"date":"2018-04-10T04:42:35","date_gmt":"2018-04-10T04:42:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=630009"},"modified":"2025-12-17T11:15:15","modified_gmt":"2025-12-17T11:15:15","slug":"court-of-urgent-matters-rules-in-uber-and-careems-favor","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/court-of-urgent-matters-rules-in-uber-and-careems-favor\/","title":{"rendered":"Court of Urgent Matters rules in Uber and Careem\u2019s favor"},"content":{"rendered":"<section id=\"630011\" 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=\"630011\">\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\/10\/what-were-tracking-on-10-april-2018\/\">\r\n                            What we\u2019re tracking on 10 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\/10\/what-were-tracking-on-10-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/what-were-tracking-on-10-april-2018\/')\">\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\/10\/what-were-tracking-on-10-april-2018\/\">\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=What we\u2019re tracking on 10 April 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/what-were-tracking-on-10-april-2018\/\">\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\/10\/what-were-tracking-on-10-april-2018\/&title=What we\u2019re tracking on 10 April 2018\">\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=What+we%E2%80%99re+tracking+on+10+April+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fwhat-were-tracking-on-10-april-2018%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\/10\/what-were-tracking-on-10-april-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630011\" class=\"content-area-description single-story post-630011 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>We hope you all had a wonderful and relaxing holiday \u2014 the last big one before Ramadan<\/strong> (you get only day each for Sinai Liberation Day on 25 April and Labor Day on 1 May). Yes, Ramadan is in a little over a month from now. Food for thought (Mmmm, food).<\/p><p><strong>We have a handful of news for you this morning, <\/strong>including the successful conclusion of Egypt\u2019s EUR 2 bn eurobond sale and a ruling in favor of ride-hailing apps Uber and Careem, among other things, which we cover in detail in the Speed Round, below.<\/p><p>But first,<strong> it\u2019s inflation report day:<\/strong> We are expecting today results from the CBE and CAPMAS on inflation figures for March. Annual headline inflation fell to 14.4% in February from a high of 33% in July 2017, while core inflation dropped to 11.9% in February from a high of 35.3% in July \u2014 the lowest they\u2019ve been since 2016. This undoubtedly bolstered the CBE\u2019s resolve to continue with monetary easing for the second straight month since the EGP float, cutting rates 100 bps last month.<\/p><p><strong>An expected rise in global interest rates may soon see African economies facing a debt crisis, <\/strong><a href=\"http:\/\/africanbusinessmagazine.com\/sectors\/finance\/has-africa-learned-its-lesson-on-debt\/\">according to African Business<\/a>. The continent\u2019s debt levels have risen to alarming levels, as widening deficits and a sharp drop in commodity prices have prodded more than 20 African countries to seek out loans from international funding institutions and issue large eurobonds in the last few years, including Egypt, Nigeria, Ghana, Kenya, and Cote d\u2019Ivoire. <strong>\u201cIt is the equivalent of using one credit card to pay off another,\u201d <\/strong>as most of the inflowing cash is used to plug budget deficits and pay off existing debt. \u201cCommercial debt is also becoming a problem. Some USD 35 bn of existing eurobond debt will mature between 2021-2025.\u201d<\/p><p><strong>Equity markets will be holding their collective breath ahead of Chinese President Xi Jinping\u2019s speech today<\/strong>, which is \u201cfraught with market peril\u201d and \u201ccould really stir the pot,\u201d Performance Trust Capital Partners\u2019 Brian Battle <a href=\"https:\/\/www.reuters.com\/article\/us-global-markets\/stocks-and-oil-up-but-us-dollar-slips-amid-ongoing-geopolitical-risk-idUSKBN1HG019\">tells Reuters<\/a>. Xi \u201cis expected to announce new economic reforms and market-access measures in a delicate attempt to answer complaints by the US and other trading partners,\u201d <a href=\"https:\/\/www.ft.com\/content\/9cf8a086-3bd2-11e8-b7e0-52972418fec4\">according to the FT<\/a>. China had <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/05\/what-were-tracking-on-05-april-2018\/\">threatened last week<\/a> to slap a 25% tariff on USD 50 bn-worth of US imports, in response to US President Donald Trump announcing a plan to impose a similar levy on a range of Chinese products, which US officials said was still months in the making. Chinese businessmen and academics attempted yesterday to dispel rumors of China\u2019s intention to escalate the fight, the FT says.<\/p><p><strong>An agreement in the offing? <\/strong>On the other side of the pond, Trump also downplayed rumors of a trade war, saying at a <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trade-china\/china-blames-u-s-for-trade-frictions-but-trump-voices-optimism-idUSKBN1HG0WB\">White House Cabinet meeting<\/a> he expects Beijing to strike a bargain with the US and move to eliminate trade barriers. \u201c\u2018Taxes will become reciprocal and [an agreement] will be made on intellectual property,\u2019\u201d he said, adding that while a pact was probable, the lack of one would mean China paying \u201cpretty high taxes to do business with our country.\u201d<\/p><p><strong>Global stock prices were up yesterday as equity markets began to recover from fears of the imminent trade war <\/strong>that had sent indices tumbling last week Asian and European stock markets saw prices continue on their uptrend from last week. In the US, the S&amp;P 500 closed the day with a 0.33% gain, \u201cafter rising as much as 1.9% during the session,\u201d while Nasdaq was up 0.51%. <strong>Both indices were weighed down by news that the FBI had raided Trump\u2019s longtime lawyer Michael Cohen\u2019s office<\/strong>.<\/p><p>Meanwhile in Russia, <strong>major companies saw their share prices drop after the US announced a new round of sanctions<\/strong> on Friday that \u201ctarget officials and businesspeople around President Vladimir Putin in an aggressive response to alleged Russian meddling in the 2016 US election,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-usa-russia-sanctions\/russias-ruble-rusal-sberbank-take-hits-as-us-sanctions-bite-idUSKBN1HG1D2\">Reuters says<\/a> (The FT looks into whether or not the <a href=\"https:\/\/www.ft.com\/content\/9ae39f0e-3bf4-11e8-b9f9-de94fa33a81e\">sanctions will have a last impact on Russia here<\/a>).<\/p><p>In other news from across the pond, <strong>Trump is receiving Qatar\u2019s Emir Tamim bin Hamad Al Thani today, <\/strong>according to a <a href=\"https:\/\/www.whitehouse.gov\/briefings-statements\/statement-press-secretary-visit-emir-tamim-bin-hamad-al-thani-qatar\/\">White House statement<\/a>. The two will discuss ways to \u201cstrengthen ties\u201d and advance \u201ccommon security and economic priorities\u201d between the US and Qatar. Trump had <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/what-were-tracking-on-21-march-2018\/\">recently met<\/a> with Saudi Crown Prince Mohammed bin Salman at the White House, and will be meeting with Abu Dhabi Crown Prince Sheikh Mohammed bin Zayed soon. Bin Zayed and Trump had called for greater unity within the GCC in a phone call on Friday, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-gulf\/trump-uae-leader-push-for-unity-in-gulf-as-dispute-drags-on-idUSKCN1HE01N\">Reuters reports<\/a>. Tamim\u2019s visit comes amid an ongoing Gulf spat, which Trump is hoping to resolve in a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/04\/us-delays-summit-with-gcc-leaders-to-september-due-to-lack-of-progress-on-mending-qatar-rift\/\">September summit<\/a>. <strong>Not likely to help are Saudi proposals to turn Qatar into an island<\/strong>, by digging a canal and a zone to dump nuclear waste, <a href=\"http:\/\/gulfnews.com\/news\/gulf\/qatar\/saudi-waterway-to-turn-qatar-into-island-1.2202215\">according to Gulf News<\/a>.<\/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    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   \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\/10\/what-were-tracking-this-week-33\/\">\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 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            <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/what-were-tracking-this-week-33\/\">\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\/10\/what-were-tracking-this-week-33\/&title=What we\u2019re tracking this 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=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fwhat-were-tracking-this-week-33%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\/10\/what-were-tracking-this-week-33\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630013\" class=\"content-area-description single-story post-630013 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>Portuguese President Marcelo Rebelo de Sousa is visiting Egypt this week to attend the Egyptian-Portuguese Business Forum on Thursday<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/371869\/19\/%D8%A7%D9%86%D8%B9%D9%82%D8%A7%D8%AF-%D9%85%D9%86%D8%AA%D8%AF%D9%89-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A--%D8%A7%D9%84%D8%A8%D8%B1%D8%AA%D8%BA%D8%A7%D9%84%D9%8A-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D8%A7%D9%84\">Al Mal reports<\/a>.<\/p>\n<p><strong>The <\/strong><a href=\"http:\/\/eventtus.com\/event\/f8cdetifel3v07yhu3rppqm3cly44ggu\"><strong>Game Sports Industry Conference<\/strong><\/a><strong>\u2014 <\/strong>Egypt\u2019s first-ever platform dedicated to the sports industry \u2014 kicks off in Cairo tomorrow.<\/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=\"630014\" 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=\"630014\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/nothing-of-value-on-the-airwaves-as-everyone-celebrates-sham-el-neseem\/\">\r\n                            Nothing of value on the airwaves as everyone celebrates Sham El Neseem                        <\/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\/10\/nothing-of-value-on-the-airwaves-as-everyone-celebrates-sham-el-neseem\/\" target=\"_blank\">\n                    Open in new tab                    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\n<article id=\"post-630014\" class=\"content-area-description single-story post-630014 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><strong>The talking heads all seemed to be in too much of a fish-induced stupor to offer up anything of value last night<\/strong>, deciding instead to air interviews and in-studio performances with Egyptian singers.<\/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=\"630015\" 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=\"630015\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/\">\r\n                            Court of Urgent Matters shields Uber and Careem from Administrative Court ruling                        <\/a>\r\n                    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navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/')\">\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\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/\">\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=Court of Urgent Matters shields Uber and Careem from Administrative Court ruling&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/\">\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\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/&title=Court of Urgent Matters shields Uber and Careem from Administrative Court ruling\">\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=Court+of+Urgent+Matters+shields+Uber+and+Careem+from+Administrative+Court+ruling+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fcourt-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling%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\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630015\" class=\"content-area-description single-story post-630015 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><strong><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a>Court of Urgent Matters shields Uber and Careem from Administrative Court ruling:<\/strong> The Cairo Court of Urgent Matters suspended on Saturday <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/administrative-court-orders-shut-down-of-ride-hailing-apps-uber-and-careem-companies-plan-appeal\/\">a ruling by the Administrative Court last month<\/a> that revoked the licenses of ride-hailing apps Uber and Careem, <a href=\"http:\/\/www.almalnews.com\/Story\/371724\/17\/%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D9%88%D8%B1-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B9%D8%AC%D9%84%D8%A9-%D8%AA%D9%82%D8%B6%D9%8A-%D8%A8%D8%A7%D8%B3%D8%AA%D9%85%D8%B1%D8%A7%D8%B1-%D9%86%D8%B4%D8%A7%D8%B7-%D8%A3%D9%88%D8%A8%D8%B1-%D9%88%D9%83%D8%B1%D9%8A%D9%85\">Al Mal reports<\/a>. This latest ruling, which came after the companies petitioned the Court of Urgent Matters, gives both companies legal breathing room to operate until a final decision from the Highest Administrative Court, judiciary <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-uber\/egyptian-court-allows-uber-and-careem-to-continue-operations-idUSKBN1HE0MX\">sources tell Reuters<\/a>. The March ruling, which came following a lawsuit filed by white taxi drivers, had not yet been enforced by either the government or the companies, with the Ismail Cabinet and Careem both announcing they have yet to receive official court notice.<\/p>\n<p><strong>Temporary stop gap until Ride-hailing Apps Act passes:<\/strong> The development comes as the Ismail Cabinet is trying to rush the Ride-hailing Apps Act into law in the House of Representatives, with the bill garnering little support <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/ride-hailing-apps-act-gets-preliminary-approval-from-house-committees\/\">from ride-hailing companies, taxis<\/a> <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/what-were-the-objections-of-the-council-of-state-on-the-ride-hailing-apps-2\/\">and even the Council of State<\/a>.<\/p>\n<p><strong>White taxis vow vengeance:<\/strong> Lawyers for the taxi drivers behind the mess are again suing the companies in the Administrative Court to have the original ruling upheld, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=09042018&id=6613f59f-f0f1-4810-8ddd-c88c411c1fe8\">Al Shorouk reports<\/a>. This latest lawsuit, which was filed on Monday, claims that the Court of Urgent Matters has no jurisdiction to rule on the case.<\/p>\n<p><strong>As far as these guys are concerned we\u2019d like to remind our readers of two things: <\/strong>White taxis are planning to release their own ride-hailing app, Professional Taxi, and we have it on good authority that they have been meeting with investors on this. The Ride-hailing Apps Act, which they so vehemently oppose, offers them protection by forcing ride-hailing companies to incorporate them into their fleets. Simply put, they want to have their cake and eat it too.<\/p>\n<p><strong>The story is receiving widespread coverage in the foreign press<\/strong>, <a href=\"https:\/\/www.apnews.com\/4edff7717fe04875b12d01bc0efc7ca8\">with the Associated Press framing this<\/a> as another battle in the war between big bad Uber and taxis. <a href=\"https:\/\/www.engadget.com\/2018\/04\/08\/uber-avoids-egypt-ban\/\">Engadget is noting<\/a> that while Saturday\u2019s ruling does give Uber breathing room, the Ride-hailing Apps Act may hurt the company\u2019s ability to operate in Egypt in the long term.<\/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=\"630033\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630034\" 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=\"630034\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/emerging-markets-to-grow-in-sync-in-2018\/\">\r\n                            Emerging markets to grow in sync in 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\/10\/emerging-markets-to-grow-in-sync-in-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/emerging-markets-to-grow-in-sync-in-2018\/')\">\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\/10\/emerging-markets-to-grow-in-sync-in-2018\/\">\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=Emerging markets to grow in sync in 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/emerging-markets-to-grow-in-sync-in-2018\/\">\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\/10\/emerging-markets-to-grow-in-sync-in-2018\/&title=Emerging markets to grow in sync in 2018\">\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=Emerging+markets+to+grow+in+sync+in+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Femerging-markets-to-grow-in-sync-in-2018%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\/10\/emerging-markets-to-grow-in-sync-in-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1923.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630035\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/emerging-markets-to-grow-in-sync-in-2018\/1923-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1923.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1923.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1923.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1923.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630034\" class=\"content-area-description single-story post-630034 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Emerging market economies are in for a \u201crare burst of synchronized growth\u201d this year, <\/strong>for the first time since 2011 and with very few exceptions, Steve Johnson writes for <a href=\"https:\/\/www.ft.com\/content\/87f56c0e-3818-11e8-8b98-2f31af407cc8\">the Financial Times<\/a>. While it is unusual for EMs to experience simultaneous growth, it likely the impact of \u201cgrowth-supportive monetary policy in the US and eurozone, alongside the recovery in commodity prices,\u201d according to Renaissance Capital chief economist Charles Robertson. This trend is seen continuing in 2018, as \u201c\u2018commodity prices have now stabilized, global growth has picked up and currencies have weakened, the inflationary impulse of that has fed through and [monetary] policy can be a bit more supportive,\u2019\u201d said Capital Economics\u2019 William Jackson. They note, however, that the <strong>health of EM economies is contingent upon growth in the US, Europe, and China<\/strong>, warning that certain countries, including Saudi Arabia, South Africa, Russia, and Brazil could be looking at a medium-term recession in the face of a crisis (such as a potential Sino-US trade war), \u201cgiven that the economic recoveries in all three countries are still quite fragile.\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\/the-macro-picture\/\">THE MACRO PICTURE<\/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=\"630036\" 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=\"630036\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/\">\r\n                            One small finger bone is helping to challenge theories of human migration                        <\/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\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/\" 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\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/')\">\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\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/\">\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=One small finger bone is helping to challenge theories of human migration&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/\">\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\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/&title=One small finger bone is helping to challenge theories of human migration\">\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=One+small+finger+bone+is+helping+to+challenge+theories+of+human+migration+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fone-small-finger-bone-is-helping-to-challenge-theories-of-human-migration%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\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/555.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630037\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/one-small-finger-bone-is-helping-to-challenge-theories-of-human-migration\/555-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/555.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"555.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/555.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/555.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630036\" class=\"content-area-description single-story post-630036 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>One small finger bone is helping to challenge theories of human migration:<\/strong> A small fossil finger bone found at an archaeological site in Saudi Arabia is lending further credence to the idea that Homo sapiens migrated out of Africa much more than 60,000 years ago, according to <a href=\"https:\/\/cosmosmagazine.com\/archaeology\/finger-find-adds-weight-to-earlier-out-of-africa-timing\">Cosmos Magazine<\/a>. Testing on the bone established that it is 90,000 years old, putting it among one of the world\u2019s oldest fossils found outside of Africa.<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/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=\"630038\" 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=\"630038\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/\">\r\n                            Expanding the military\u2019s role under El Sisi\u2019s rule has affected politics, economy, and security                        <\/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\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/\" 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\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/')\">\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\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/\">\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=Expanding the military\u2019s role under El Sisi\u2019s rule has affected politics, economy, and security&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/\">\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\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/&title=Expanding the military\u2019s role under El Sisi\u2019s rule has affected politics, economy, and security\">\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=Expanding+the+military%E2%80%99s+role+under+El+Sisi%E2%80%99s+rule+has+affected+politics%2C+economy%2C+and+security+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fexpanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security%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\/10\/expanding-the-militarys-role-under-el-sisis-rule-has-affected-politics-economy-and-security\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630038\" class=\"content-area-description single-story post-630038 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>The military\u2019s expanding role in Egypt under President Abdel Fattah El Sisi has had adverse effects on the country\u2019s economy, security, and political scene<\/strong>, Abdallah Hendawy <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL2N1RJ1BP\">writes for Reuters<\/a>. Whereas previous regimes in Egypt also relied on the armed forces to control core positions in the state, El Sisi \u201cbrought the military out of the shadows, allowing him to consolidate power and generate relative stability, but also distorting Egyptian political and economic life.\u201d The military\u2019s expanding activity in the private sector is also possibly taking away from its core duty of protecting national security, Hendawy says.<\/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=\"630041\" 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=\"630041\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/\">\r\n                            Digitizing the government and all its services is integral to cutting costs and spurring investments                        <\/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\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/\" 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\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/')\">\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\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/\">\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=Digitizing the government and all its services is integral to cutting costs and spurring investments&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/\">\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\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/&title=Digitizing the government and all its services is integral to cutting costs and spurring investments\">\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=Digitizing+the+government+and+all+its+services+is+integral+to+cutting+costs+and+spurring+investments+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fdigitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments%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\/10\/digitizing-the-government-and-all-its-services-is-integral-to-cutting-costs-and-spurring-investments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630041\" class=\"content-area-description single-story post-630041 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>Digitizing the government and all its services is integral to cutting costs and spurring investment<\/strong>, Mohamed Youssef <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=08042018&id=79840ed6-6ea5-4fb6-a010-a41666ea0f0a\">writes for Al Shorouk<\/a>. Investment in technology would not only make people\u2019s lives easier by reducing the need for visiting government offices and doing paperwork, but it would also help the state cut back on expenses, Youssef says.<\/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=\"630042\" 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=\"630042\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/\">\r\n                            Sleep well last night? You can thank your genes for that.                        <\/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\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/\" 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\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/')\">\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\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/\">\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=Sleep well last night? You can thank your genes for that.&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/\">\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\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/&title=Sleep well last night? You can thank your genes for that.\">\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=Sleep+well+last+night%3F+You+can+thank+your+genes+for+that.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fsleep-well-last-night-you-can-thank-your-genes-for-that%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\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1813.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630043\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/sleep-well-last-night-you-can-thank-your-genes-for-that\/1813-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1813.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1813.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1813.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1813.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630042\" class=\"content-area-description single-story post-630042 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>Sleep well last night? You can thank your genes for that.<\/strong> According to an experiment by a group of US scientists, a specific gene is necessary to ensure a good night\u2019s sleep, and cases of that gene being mutated or altogether absent are consistently connected to having a fitful sleep. The theory also holds up across different species: The experiment was first run on mice before it was run again on a group of humans and some fruit flies, for good measure. A separate study also found that it\u2019s a whole other gene that determines how much sleep different people need to feel rested, and discovered that a rare mutation actually allows human brains to regenerate in less time (<a href=\"https:\/\/www.youtube.com\/watch?v=C3G3zOMc5Jk&amp=&t=1\">watch, runtime: 3:38<\/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=\"630044\" 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=\"630044\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/\">\r\n                            Shoukry to meet Cypriot counterpart in Cairo                        <\/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\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/\" 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\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/')\">\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\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/\">\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=Shoukry to meet Cypriot counterpart in Cairo&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/\">\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\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/&title=Shoukry to meet Cypriot counterpart in Cairo\">\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=Shoukry+to+meet+Cypriot+counterpart+in+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fshoukry-to-meet-cypriot-counterpart-in-cairo%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\/10\/shoukry-to-meet-cypriot-counterpart-in-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630044\" class=\"content-area-description single-story post-630044 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>Foreign Minister Sameh Shoukry is meeting with his Cypriot counterpart Nikos Christodoulides in Cairo today,<\/strong> according to the <a href=\"http:\/\/www.sis.gov.eg\/Story\/128269?lang=en-us\">State Information Service (SIS)<\/a>. The two will discuss their tripartite cooperation agreement with Greece over energy resource development in the East Mediterranean. The two countries are <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/22\/egypt-cyprus-moving-ahead-with-plans-for-lng-import-agreement\/\">working on connecting<\/a> Cyprus\u2019 Aphrodite gas field to one of Egypt\u2019s two liquefaction plants in Idku and Damietta. Apart from gas, energy talks are likely to encompass electricity grid connection projects as Cyprus, Egypt and Greece approved routes for linking up their power grids \u2014 a <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/12\/egypt-cyprus-greece-begin-working-to-implement-usd-4-bn-electricity-interconnection-project\/\">USD 4 bn project<\/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\/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=\"630045\" 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=\"630045\">\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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/\">\r\n                            Centamin\u2019s production from Sukari gold mine rises 14% y-o-y in 1Q2018                        <\/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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/\" 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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/')\">\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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/\">\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=Centamin\u2019s production from Sukari gold mine rises 14% y-o-y in 1Q2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/\">\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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/&title=Centamin\u2019s production from Sukari gold mine rises 14% y-o-y in 1Q2018\">\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=Centamin%E2%80%99s+production+from+Sukari+gold+mine+rises+14%25+y-o-y+in+1Q2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fcentamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018%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\/10\/centamins-production-from-sukari-gold-mine-rises-14-y-o-y-in-1q2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630045\" class=\"content-area-description single-story post-630045 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\/.afd73f3c-c7b9-4b5f-94f3-4497eaf45766.mp3\"><\/audio><\/figure>\n<p>Preliminary gold production from the Sukari gold mine rose 14% y-o-y in 1Q2018 to 124.3 ounces, Centamin <a href=\"http:\/\/www.centamin.com\/media\/press-releases\/2018\/09-04-2018\">announced yesterday (pdf)<\/a>. Despite production during quarter coming in \u201clower than planned due to the transitional zone of the open pit delivering lower than expected grades,\u201d the company is maintaining its target of producing 580k ounces of gold from Sukari in 2018, CEO Andrew Pardey commented.<\/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=\"630047\" 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=\"630047\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/\">\r\n                            Saudi German Hospital Group signs with Al Hanove Travel to promote medical tourism                        <\/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\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/\" 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\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/')\">\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\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/\">\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=Saudi German Hospital Group signs with Al Hanove Travel to promote medical tourism&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/\">\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\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/&title=Saudi German Hospital Group signs with Al Hanove Travel to promote medical tourism\">\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=Saudi+German+Hospital+Group+signs+with+Al+Hanove+Travel+to+promote+medical+tourism+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fsaudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism%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\/10\/saudi-german-hospital-group-signs-with-al-hanove-travel-to-promote-medical-tourism\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630047\" class=\"content-area-description single-story post-630047 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education 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\/.d6720710-46ec-401c-b79f-f146386d3e64.mp3\"><\/audio><\/figure>\n<p>The Saudi German Hospitals Group (SGH) has signed an MoU with Al Hanove Travel, a subsidiary of Saudi Arabia\u2019s Al Tayyar Travel Group, to promote medical tourism at its facilities in Egypt, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=05042018&id=34fca2e8-7b46-4798-95df-337564b717ce\">Al Shorouk reports<\/a>. Egypt has been working to promote its burgeoning medical tourism sector through the Tour n\u2019 Cure hepatitis C medical tourism program and natural treatments <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/05\/its-spa-season-in-siwa\/\">at the Siwa Oasis<\/a>. The government is currently working to begin issuing <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/25\/govt-plans-to-issue-special-medical-tourism-visas\/\">new visas specifically for medical tourism<\/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\/health-education\/\">Health + Education<\/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=\"630048\" 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=\"630048\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/\">\r\n                            Golden Pyramids Plaza to issue USD 60 mn in corporate bonds                        <\/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\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/\" 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\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/')\">\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\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/\">\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=Golden Pyramids Plaza to issue USD 60 mn in corporate bonds&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/\">\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\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/&title=Golden Pyramids Plaza to issue USD 60 mn in corporate bonds\">\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=Golden+Pyramids+Plaza+to+issue+USD+60+mn+in+corporate+bonds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Fgolden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds%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\/10\/golden-pyramids-plaza-to-issue-usd-60-mn-in-corporate-bonds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630048\" class=\"content-area-description single-story post-630048 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\/.99b7d13d-61e0-4f4d-99b6-121fc54f152a.mp3\"><\/audio><\/figure>\n<p>Golden Pyramids Plaza\u2019s board has agreed to issue a second tranche of USD 60 mn under a USD 400 mn bond program, according to a <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/215029_1.pdf\">company statement<\/a>. This comes <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/03\/oci-wants-an-fra-to-stop-golden-pyramids-plaza-from-issuing-corporate-bonds\/\">only days after<\/a> Orascom Construction Industries (OCI) reportedly requested that the Financial Regulatory Authority (FRA) stop Golden Pyramids Plaza from selling corporate bonds until it repays OCI and Consolidated Contractors International c. EGP 305 mn in damages awarded by 2015 arbitration ruling. FRA had said it was considering the move.<\/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=\"630049\" 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=\"630049\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/\">\r\n                            Tourism Ministry to relaunch Papyrus Private Equity Tourism fund, to issue tender for new promotional campaign                        <\/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\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/\" 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\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/')\">\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\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/\">\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=Tourism Ministry to relaunch Papyrus Private Equity Tourism fund, to issue tender for new promotional campaign&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/\">\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\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/&title=Tourism Ministry to relaunch Papyrus Private Equity Tourism fund, to issue tender for new promotional campaign\">\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=Tourism+Ministry+to+relaunch+Papyrus+Private+Equity+Tourism+fund%2C+to+issue+tender+for+new+promotional+campaign+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Ftourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign%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\/10\/tourism-ministry-to-relaunch-papyrus-private-equity-tourism-fund-to-issue-tender-for-new-promotional-campaign\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630049\" class=\"content-area-description single-story post-630049 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\/.1b2cd1cb-4759-4ef8-bb23-e84bf39801cc.mp3\"><\/audio><\/figure>\n<p>The Tourism Ministry is relaunching the Papyrus Private Equity Tourism fund to help finance struggling hotels and tourism-related businesses, Minister Rania Al Mashat <a href=\"https:\/\/alborsanews.com\/2018\/04\/05\/1097947\">told reporters last week<\/a>. The ministry will work with state-run Ayadi Company for Development and Investment, which had established the EGP 50 mn fund <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/09\/ayadi-establishes-tourism-development-fund\/\">back in 2016<\/a> to revitalize the battered tourism industry. El Mashat, who announced the ministry's plans to help bolster the resurgent sector, said that it would issue a tender for PR companies to manage Egypt\u2019s tourism promotional campaigns abroad in August, after its existing contract with JWT expires, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1891484.aspx\">Ahram Gate reports<\/a>. This apparently would not include China, as the ministry plans to sign an MoU with Huawei to help promote tourism to Egypt there, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=05042018&id=6fde7b6d-620c-4698-ad20-74a75c1496a8\">according to Al Shorouk<\/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\/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=\"630050\" 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=\"630050\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/\">\r\n                            Oriental Weavers targets 8% export revenue growth in 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\/10\/oriental-weavers-targets-8-export-revenue-growth-in-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/')\">\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\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/\">\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=Oriental Weavers targets 8% export revenue growth in 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/\">\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\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/&title=Oriental Weavers targets 8% export revenue growth in 2018\">\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=Oriental+Weavers+targets+8%25+export+revenue+growth+in+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Foriental-weavers-targets-8-export-revenue-growth-in-2018%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\/10\/oriental-weavers-targets-8-export-revenue-growth-in-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630050\" class=\"content-area-description single-story post-630050 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\/.03923fba-ab86-4dc4-ab4f-0e1e27305851.mp3\"><\/audio><\/figure>\n<p>Oriental Weavers is targeting 8% growth in its export revenues in 2018, according to a <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D8%A7%D9%84%D9%86%D8%B3%D8%A7%D8%AC%D9%88%D9%86%20%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%86%D8%AC%D9%84%D9%8A%D8%B2%D9%89-04-04-2018.pdf\">bourse filing (pdf)<\/a>. The target growth is based on new export orders from customers in new and existing markets. The company is also expanding in Africa \u201cthrough securing a new order from a big South African retailer,\u201d and entering new markets.<\/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=\"630051\" 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=\"630051\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/\">\r\n                            FRA targets growing insurance industry share of GDP to over 1% in five years                        <\/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\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/\" 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\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/')\">\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\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/\">\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=FRA targets growing insurance industry share of GDP to over 1% in five years&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/\">\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\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/&title=FRA targets growing insurance industry share of GDP to over 1% in five years\">\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=FRA+targets+growing+insurance+industry+share+of+GDP+to+over+1%25+in+five+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F10%2Ffra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years%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\/10\/fra-targets-growing-insurance-industry-share-of-gdp-to-over-1-in-five-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630051\" class=\"content-area-description single-story post-630051 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\/.c47d03b3-cc3c-4c3b-ab7c-b1f6f133f5d7.mp3\"><\/audio><\/figure>\n<p>The Financial Regulatory Authority (FRA) is planning to grow the insurance industry\u2019s contribution to GDP to over 1% in five years, <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/5\/%D8%AA%D8%B9%D8%B1%D9%81-%D8%B9%D9%84%D9%89-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D9%82%D8%B7%D8%A7%D8%B9-%D8%A7%D9%84%D8%AA%D8%A3%D9%85%D9%8A%D9%86-%D8%A8%D9%80-%D9%85%D8%B3%D9%88%D8%AF%D8%A9-%D8%A7%D9%84%D8%A5%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D9%82%D9%88%D9%85%D9%8A%D8%A9\/3730003\">according to Youm7<\/a>. FRA hopes to double insurance premiums to EGP 50 bn by 2022, up from EGP 24 bn. The authority\u2019 strategy also targets raising the sector\u2019s investments to EGP 150 bn by 2022, up from EGP 86 bn last year. It also wants to see the aggregate size of insurance funds reach EGP 100 bn from a current EGP 60 bn. The strategy, <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/03\/fra-stakes-claim-total-claim-to-insurance-sector-in-amendments-to-the-insurance-act\/\">as we noted last week<\/a>, would see FRA take full control of the sector with an eye towards growing the SMEs insurance sector. These would be done through amendments to the Insurance Act.<\/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=\"630053\" 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=\"630053\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/google-pays-homage-to-omar-sharif-on-his-would-be-86th-birthday\/\">\r\n                            Google pays homage to Omar Sharif on his would-be 86th birthday                        <\/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\/10\/google-pays-homage-to-omar-sharif-on-his-would-be-86th-birthday\/\" 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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Sharif \u2014 who earned a degree in mathematics and physics from Cairo University \u2014 began his acting career in Egypt in the 1950s, but was catapulted to international fame following his role in the 1962 film Lawrence of Arabia. In addition to several Egyptian movies, Sharif also starred in Doctor Zhivago and Funny Girl, earning three Golden Globe awards and one Oscar nomination.<\/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=\"630055\" 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=\"630055\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/630055\/\">\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\/10\/630055\/\" 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\/10\/630055\/')\">\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\/10\/630055\/\">\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\/10\/630055\/\">\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\/10\/630055\/&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%2F10%2F630055%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\/10\/630055\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630055\" class=\"content-area-description single-story post-630055 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 17.6281 | Sell 17.7281<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.63 | Sell 17.73<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 17,411 (-0.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 2.2 bn (91% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +15.9%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 0.6%. CIB, the index heaviest constituent ended up 0.4%. EGX30\u2019s top performing constituents were GB Auto up 8.2%, Pioneers Holding up 4.8%, and Egyptian Aluminum up 3.1%. Thursday\u2019s worst performing stocks TMG Holding down 5.8%, Porto Group down 5.0%, and Egyptian Iron and Steel down 4.5%. The market turnover was EGP 2.2 bn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +61.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +56.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -118.0 mn<\/p>\n<p><strong>Retail<\/strong>: 51.9% of total trades | 52.5% of buyers | 51.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 48.1% of total trades | 47.5% of buyers | 48.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 32.3% of total | 33.7% of buyers | 30.9% of sellers<br \/>\n <strong>Regional:<\/strong> 12.2% of total | 13.5% of buyers | 10.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 55.5% of total | 52.8% of buyers | 58.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 63.39 (-0.05%)<br \/>\n <strong>Brent:<\/strong> USD 68.62 (-0.04%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.71 MMBtu, (+0.48%, May 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,338.70 \/ troy ounce (-0.10%)<\/p>\n<p><strong>TASI:<\/strong> 7,975.45 (+0.09%) (YTD: +10.37%)<br \/>\n <strong>ADX:<\/strong> 4,665.24 (+1.35%) (YTD: +6.07%)<br \/>\n <strong>DFM:<\/strong> 3,082.13 (+0.36%) (YTD: -8.54%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 415.78 (+1.52%) (YTD: +3.58%)<br \/>\n <strong>QE:<\/strong> 8,936.77 (+1.76%) (YTD: +4.85%)<br \/>\n <strong>MSM:<\/strong> 4,827.89 (+0.14%) (YTD: -5.32%)<br \/>\n <strong>BB: <\/strong>1,287.41 (+0.23%) (YTD: -3.33%)<\/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=\"630056\" 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\/10\/630056\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630056\" class=\"content-area-description single-story post-630056 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>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>03 May (Thursday): Egypt\u2019s Emirates NBD PMI reading <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">for April released<\/a>.<\/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>17 May (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/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>28 June (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>16 August (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/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>27 September (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>15 November (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/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>27 December (Thursday): CBE\u2019s Monetary Policy Committee meeting.<\/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":630010,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-630009","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9635635f-221f-4262-ac7c-2adebb5954f5","teaser":"","photo_url":"https:\/\/ent.news\/2018\/4\/456.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>Court of Urgent Matters rules in Uber and Careem\u2019s favor - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/court-of-urgent-matters-rules-in-uber-and-careems-favor\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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