{"id":630164,"date":"2018-04-15T03:56:47","date_gmt":"2018-04-15T03:56:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=630164"},"modified":"2025-12-17T11:21:04","modified_gmt":"2025-12-17T11:21:04","slug":"ratings-agencies-still-dont-get-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/","title":{"rendered":"Ratings agencies still don\u2019t get Egypt"},"content":{"rendered":"<section id=\"630166\" 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=\"630166\">\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\/15\/what-were-tracking-on-15-april-2018\/\">\r\n                            What we\u2019re tracking on 15 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\/15\/what-were-tracking-on-15-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\/15\/what-were-tracking-on-15-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\/15\/what-were-tracking-on-15-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 15 April 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-on-15-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\/15\/what-were-tracking-on-15-april-2018\/&title=What we\u2019re tracking on 15 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+15+April+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fwhat-were-tracking-on-15-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\/15\/what-were-tracking-on-15-april-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630166\" class=\"content-area-description single-story post-630166 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>The House of Representatives will formally kick off its budget debate today<\/strong>,with Finance Minister Amr El Garhy and Planning Minister Hala El Said set to brief MPs on the state budget FY2018-19, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/297660\/Business\/Economy\/Egypts-finance-minister-to-address-parliament-on--.aspx\">according to Ahram Online<\/a>. The House Budget Committee began deliberating on the budget a week ahead of schedule <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/10\/budget-discussions-at-the-house-start-ahead-of-schedule\/\">last Sunday<\/a>, and initial reactions appeared largely positive. The Finance Ministry\u2019s pre-budget report, which we delve into in detail below in the Speed Round, sees inflation dropping to a low of 10% during the upcoming fiscal year, despite the continued phase-out of energy subsidies.<\/p><p><strong>The House Constitutional and Legislative Committee is set to discuss today amendments to the Competition Protection Act<\/strong>, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1894342.aspx\">Ahram Gate reports<\/a>. The <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/16\/consumer-protection-authority-may-get-bigger-teeth-to-regulate-ma-transactions\/\">proposed amendments<\/a> would allow the Egyptian Competition Authority (ECA) to review and approve mergers and acquisitions prior to their execution. The legislative change would effectively allow the authority to block transactions if it feels they would violate antitrust laws in a manner that would be familiar to readers who have worked in European Union or North American regulatory environments. The Egyptian Competition Authority had been expected to finalize drafting the amendments <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/15\/new-regulations-on-ma-private-placements-in-the-pipeline\/\">in March 2017<\/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    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630170\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-np4xwwl\" data-v=\"4\" data-block-id=\"np4xwwl\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-np4xwwl-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-np4xwwl-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-htg307b\" data-v=\"4\" data-block-id=\"htg307b\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-htg307b-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-htg307b-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-roepnpg\" data-v=\"4\" data-block-id=\"roepnpg\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-roepnpg-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-roepnpg-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-3t71w2e\" data-v=\"4\" data-block-id=\"3t71w2e\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-3t71w2e-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-3t71w2e-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630171\" 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=\"630171\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-this-week-35\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-this-week-35\/\" 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\/15\/what-were-tracking-this-week-35\/')\">\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\/15\/what-were-tracking-this-week-35\/\">\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 this week&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-this-week-35\/\">\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\/15\/what-were-tracking-this-week-35\/&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%2F15%2Fwhat-were-tracking-this-week-35%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\/15\/what-were-tracking-this-week-35\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630171\" class=\"content-area-description single-story post-630171 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>Finance Minister Amr El Garhy will head to Washington, DC, on Monday for the <\/strong><a href=\"http:\/\/www.imf.org\/external\/spring\/2018\/\"><strong>IMF and World Bank\u2019s Spring Meetings<\/strong><\/a> from April 16-22. Investment Minister Sahar Nasr and Central Bank Governor Tarek Amer are also attending, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1281504\">Al Masry Al Youm says<\/a>. You can check out the <a href=\"http:\/\/www.imf.org\/external\/Spring\/2018\/index.htm\">landing page for the spring meetings here<\/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\/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=\"630172\" 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=\"630172\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/on-the-horizon-46\/\">\r\n                            On the horizon                        <\/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\/15\/on-the-horizon-46\/\" 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\/15\/on-the-horizon-46\/')\">\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\/15\/on-the-horizon-46\/\">\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=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/on-the-horizon-46\/\">\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\/15\/on-the-horizon-46\/&title=On the horizon\">\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=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fon-the-horizon-46%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\/15\/on-the-horizon-46\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630172\" class=\"content-area-description single-story post-630172 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt calls for fresh round of GERD talks next week:<\/strong> Egypt has invited Sudan and Ethiopia to another round of negotiations over the Grand Ethiopian Renaissance Dam (GERD) in Cairo on 20 April, Foreign Minister Sameh Shoukry <a href=\"http:\/\/gate.ahram.org.eg\/News\/1894425.aspx\">told Ahram Gate<\/a>. The ministry also <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1965333916871878\">released a statement<\/a> on Thursday rejecting reports that Egypt was the reason <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/10\/egypt-sudan-ethiopia-fail-to-reach-agreement-in-gerd-talks\/\">last week\u2019s talks<\/a> failed, saying that Egypt is \u201ckeen\u201d to reach consensus on the issue. Sudanese Foreign Minister Ibrahim Ghandour <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/10\/egypt-sudan-ethiopia-fail-to-reach-agreement-in-gerd-talks\/\">had said<\/a> that the talks were \u201cconstructive\u201d but failed to reach an agreement due to technical issues. The story got coverage last night on Amr Adib\u2019s Kol Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=b_80ahZjVI8\">watch, runtime: 9:58<\/a>).<\/p>\n<p><strong>Our friends at Renaissance Capital will hold their third annual Egypt Investor Conference in Cape Town on 24-25 April<\/strong>. The event will see senior management from leading Egyptian companies meet one-on-one with South Africa-based investors.<\/p>\n<p><strong>French President Emmanuel Macron will reportedly visit Egypt in early May<\/strong> for talks with President Abdel Fattah El Sisi on bilateral relations and regional issues, <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/01\/macron-to-visit-egypt-in-early-may-sources\/\">according to Foreign Ministry sources<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630173\" 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=\"630173\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/\">\r\n                            Syria airstrikes, Arab League summit, budget talks on last night\u2019s talk shows                        <\/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\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/\" 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\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/')\">\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\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/\">\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=Syria airstrikes, Arab League summit, budget talks on last night\u2019s talk shows&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/\">\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\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/&title=Syria airstrikes, Arab League summit, budget talks on last night\u2019s talk shows\">\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=Syria+airstrikes%2C+Arab+League+summit%2C+budget+talks+on+last+night%E2%80%99s+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fsyria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows%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\/15\/syria-airstrikes-arab-league-summit-budget-talks-on-last-nights-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630173\" class=\"content-area-description single-story post-630173 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>Airstrikes by the US, UK, and France against Syria dominated the debate on the airwaves last night.<\/strong><\/p>\n<p><strong>Egyptian officials were not given prior notice of the strikes,<\/strong> according to Foreign Minister Sameh Shoukry, who told Kol Youm\u2019s Amr Adib that Cairo has always been against military escalation in Syria. Shoukry also said that Egypt has no confirmation that Bashar Al Assad\u2019s regime was responsible for the chemical attack that prompted the strikes (<a href=\"https:\/\/www.youtube.com\/watch?v=b_80ahZjVI8\">watch, runtime: 9:58<\/a>).<\/p>\n<p><strong>Egypt will not take sides,<\/strong> according to Foreign Ministry Spokesperson Ahmed Abu Zeid, who told Al Hayah Al Youm\u2019s Khaled Abu Bakr that the government\u2019s top priority will always be the welfare of the Syrian people (<a href=\"https:\/\/www.youtube.com\/watch?v=kT05ukTLwNA\">watch, runtime: 17:30<\/a>).<\/p>\n<p><strong>The airstrikes were a military and political failure, <\/strong>Syrian MP Muhannad Al Haj told Masaa DMC\u2019s Eman El Hosary, alleging that the US had notified Russia about the airstrikes ahead of time to avoid escalation between the superpowers (<a href=\"https:\/\/www.youtube.com\/watch?v=jtAFB6Yd7B0\">watch, runtime: 15:10<\/a>). Amr Adib claimed the Syrian regime had evacuated the buildings hit by the strikes and demanded that the Arab League send a delegation to Syria to look into the alleged chemical attack (<a href=\"https:\/\/www.youtube.com\/watch?v=Mk07SKwgPmk\">watch, runtime: 47:07<\/a>).<\/p>\n<p><strong>It\u2019s unlikely that the Arab League will come up with an appropriate response,<\/strong> said Hona Al Asema\u2019s Lamees Al Hadidi, who described the airstrikes as \u201caggression\u201d and an \u201cinsult\u201d to Arabs, especially since it took place days before the Arab League Summit taking place in Saudi Arabia today (<a href=\"https:\/\/www.youtube.com\/watch?v=totuSzWJG2k\">watch, runtime: 11:13<\/a>). Arab League Assistant Secretary General Hossam Zaki told Lamees that while developments in Syria are on the agenda for the summit, which has already been set, Saturday\u2019s airstrikes are not included. Foreign Minister Shoukry also told Adib as much on Kol Youm.<\/p>\n<p><strong>The Qatar rift is not (formally) on the agenda, <\/strong>as the issue was never actually tackled by the Arab League, Zaki told Lamees. Qatar\u2019s permanent envoy to the League will represent Doha at the meetings, since Emir Tamim bin Hamad has decided to bow out, he added. Seventeen of 22 Arab leaders are expected to attend the summit in Dammam (<a href=\"https:\/\/www.youtube.com\/watch?v=LA-1U5WsnIk\">watch, runtime: 6:44<\/a>).<\/p>\n<p><strong>Vice Minister of Finance Mohamed Maait made an appearance on Al Hayah Al Youm to discuss the details of the FY2018-19 budget<\/strong>, which we cover in detail in the Speed Round (<a href=\"https:\/\/www.youtube.com\/watch?v=MQP7TndEg5o\">watch, runtime: 6:20<\/a>). Maait said that Egypt\u2019s population boom is one of the reasons behind soaring inflation (<a href=\"https:\/\/www.youtube.com\/watch?v=aYngTwTK0Wc\">watch, runtime: 8:29<\/a>). MPs Yasser Shabih and Mohammed Badrawy were also in the studio with Maait (<a href=\"https:\/\/www.youtube.com\/watch?v=12V5NwDj_mE\">Watch full discussion, runtime: 1:15:17<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630174\" 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=\"630174\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\">\r\n                            Gov\u2019t budget bridging is out, sees inflation dropping to low of 10% in FY2018-19                        <\/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\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\" 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\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/')\">\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\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t budget bridging is out, sees inflation dropping to low of 10% in FY2018-19&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\">\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\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/&title=Gov\u2019t budget bridging is out, sees inflation dropping to low of 10% in FY2018-19\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+budget+bridging+is+out%2C+sees+inflation+dropping+to+low+of+10%25+in+FY2018-19+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fgovt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19%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\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630174\" class=\"content-area-description single-story post-630174 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>BUDGET WATCH- Government sees inflation dropping to low of 10% in FY2018-19:<\/strong> The Finance Ministry issued its pre-budget report for <a href=\"http:\/\/www.mof.gov.eg\/MOFGallerySource\/Arabic\/budget2018-2019\/Pre-Budget_2018-2019_12-April-2018.pdf\">FY2018-19 on Friday (pdf)<\/a> in which it outlines the broad strokes of the budget and its priorities for the economy and public spending. The government is predicting that inflation will continue to cool into 2019, predicting an average annual headline inflation rate of 13.2%, with levels seen dropping as low as 10% during FY2018-19. (The central bank has previously said it sees inflation falling to 13% by the end of 4Q2018.)<\/p>\n<p><strong>The report is out as the House formally kicks off its budget debate today<\/strong> with scheduled appearances by Finance Minister Amr El Garhy and Planning Minister Hala El Said.<\/p>\n<p><strong>The budget assumes that yields on government debt will be 14.7%. <\/strong>Falling yields have raised concerns that Egyptian treasuries will be less attractive, especially after the central bank began its monetary easing in February. Foreign holdings in Egyptian treasuries, which have surged over the past year on the back of the country\u2019s high yielding debt, continued to rise, to USD 23.1 bn at the end of March 2018.<\/p>\n<p><strong>Other highlights: <\/strong><\/p>\n<ul>\n<li>GDP growth of 5.8%, up from an estimated 5.2% in FY2017-18;<\/li>\n<li>A budget deficit of 8.4%, up from 9.8% in the current fiscal year on the back of a 21.6% increase in revenues to EGP 989.2 bn \u2014 EGP 770.3 bn of which from tax collections \u2014 and a 15.4% y-o-y rise in public spending;<\/li>\n<li>A primary budget surplus of 2%, up from 0.3% this current fiscal year;<\/li>\n<li>Public debt will stands at 91-92% of GDP;<\/li>\n<li>Unemployment will fall below 11%.<\/li>\n<\/ul>\n<p><strong>Six-month import cover, no change in FDI target: <\/strong>The ministry says it wants to see foreign currency reserves sufficient to cover more than six months of imports. Separately, the government is aiming to grow foreign direct investment to USD 10 bn next fiscal year, Investment Minister Sahar Nasr <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12042018&id=b1883fb5-e12a-4dfb-95a6-09f6bcafc6ac\">tells Al Shorouk<\/a>. The target is unchanged from the current fiscal year, as FDI has been growing slower than expected.<\/p>\n<p><strong>The report is effectively the Finance Ministry\u2019s policy statement for the new fiscal year.<\/strong> On the revenue side, the ministry wants to grow the tax base, in large part through financial inclusion initiatives. We know that the government is planning adopt an SMEs Act, which it hopes will offer incentives to encourage small business owners to join the formal economy. Economic growth is also expected to be reflected in the increase in revenues. Looking at expenditures, the ministry is also hoping to <strong>increase spending on infrastructure and services to EGP 100 bn, in addition to raising social welfare spending<\/strong> on both food subsidies and the Takaful and Karama cash benefit programs. These would be balanced by cuts to energy subsidies. The ministry also said it would prioritize a \u201cmore efficient energy price\u201d and market \u2014 signaling that it plans to move forward with energy deregulation. The ministry is also looking to maximize cost-cutting and efficient spending through the state IPO program. The ministry has allocated funding to population control programs, including the \u201cTwo is enough\u201d program.<\/p>\n<p><strong>Report sees oil prices as largest risk to achieving budget targets:<\/strong> Oil prices moving beyond an expected average of USD 65-70 per bbl led the list of risks the Finance Ministry estimates would negatively impact the budget as OPEC and Russia continue with production cuts. The FY2018-19 budget assumes oil prices will average USD 67.20 per bbl. <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/11\/what-were-tracking-on-11-april-2018\/\">Bloomberg had noted last week<\/a> that Saudi Arabia may try and push the production cuts to a price of USD 80 per bbl. Other major risks noted by the Finance Ministry include:<\/p>\n<ul>\n<li>The US Federal Reserve increasing interest rates substantially, potentially cutting inflows to emerging markets;<\/li>\n<li>Regional political instability could dissuade foreign investors from the market;<\/li>\n<li>Slower growth in the European Union \u2014 Egypt\u2019s largest trading partner \u2014 on the back of Brexit;<\/li>\n<li>A US-China trade war, and a growing trend in international protectionism;<\/li>\n<li>A substantial change in the FX rate.<\/li>\n<\/ul>\n<p><strong>What the report doesn\u2019t say:<\/strong> First and foremost, the report does not clarify the extent of the energy subsidy cuts expected next fiscal year.<a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/11\/govt-to-cut-fuel-subsidies-increase-food-subsidies-in-fy2018-19\/\">A document obtained by Reuters<\/a> had said that the government wants to cut fuel subsidies by about 26% y-o-y to EGP 89.08 bn \u2014 and simultaneously slash electricity subsidies by almost half to EGP 16 bn from EGP 30 bn. The report also makes no mention of how much the government plans to spend on health and education. It does note that the year will see the first implementation of the Universal Healthcare Act. Earlier statements had put total social welfare spending at EGP 322 bn.<\/p>\n<p><strong>Fuel subsidy spending in FY2017-18 could drop on lower consumption:<\/strong> Finance Minister Amr El Garhy said that Egypt\u2019s consumption of petroleum products has fallen by 2-3% since the beginning of FY2017-18. The government expects fuel subsidy spending to fall this current fiscal year to EGP 110-115 bn, from an initial allocation EGP 120 bn, he <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a1-12-4-18.aspx\">said in a statement on Thursday<\/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\/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=\"630184\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630185\" 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=\"630185\">\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\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/\">\r\n                            A little more than fashionably late, Saudi hosts first-ever Arab Fashion Week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=A little more than fashionably late, Saudi hosts first-ever Arab Fashion Week&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/&title=A little more than fashionably late, Saudi hosts first-ever Arab Fashion 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=A+little+more+than+fashionably+late%2C+Saudi+hosts+first-ever+Arab+Fashion+Week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fa-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1475.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630186\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/a-little-more-than-fashionably-late-saudi-hosts-first-ever-arab-fashion-week\/1475-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1475.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1475.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1475.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1475.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630185\" class=\"content-area-description single-story post-630185 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>A little more than fashionably late:<\/strong> Saudi Arabia hosted the first-ever Arab Fashion Week at the Ritz-Carlton Hotel in Riyadh on Tuesday, <a href=\"https:\/\/www.reuters.com\/article\/us-fashion-saudi\/fashionably-late-saudi-arabia-hosts-its-first-ever-fashion-week-idUSKBN1HI309\">Reuters reports<\/a>. The event is being positioned as part of social change being enacted under Crown Prince Mohammed bin Salman, which has granted women the right to drive and lifted a ban on cinemas. The catwalks also did not feature any abayas and are meant to be used to showcase local fashion talent. \u201cYet, restrictions persist. Tuesday\u2019s reception was open to men and cameras, but only women are permitted at catwalk events and outside photography is barred.\u201d Baby steps, everyone.<\/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=\"630187\" 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=\"630187\">\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\/15\/egypt-in-the-news-on-15-april-2018\/\">\r\n                            Egypt in the News on 15 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\/15\/egypt-in-the-news-on-15-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\/15\/egypt-in-the-news-on-15-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\/15\/egypt-in-the-news-on-15-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=Egypt in the News on 15 April 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypt-in-the-news-on-15-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\/15\/egypt-in-the-news-on-15-april-2018\/&title=Egypt in the News on 15 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=Egypt+in+the+News+on+15+April+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fegypt-in-the-news-on-15-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\/15\/egypt-in-the-news-on-15-april-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/32.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630188\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypt-in-the-news-on-15-april-2018\/32-jpg-22\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/32.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"32.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/32.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/32.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630187\" class=\"content-area-description single-story post-630187 post type-post status-publish format-standard has-post-thumbnail 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>On a slow news weekend for Egypt in the international press, pickups of wire coverage of <strong>the deaths of eight soldiers and wounding of 15 more in a terror attack<\/strong> in central Sinai dominate coverage. Fourteen terrorists were killed in the ensuing gun battle, according to a <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1274478346016478\">military statement<\/a>. The attack came hours after President Abdel Fattah El Sisi signed a decree published in <a href=\"http:\/\/www.sis.gov.eg\/UP\/%D8%A7%D9%84%D8%AC%D8%B1%D9%8A%D8%AF%D9%87%20%D8%A7%D9%84%D8%B1%D8%B3%D9%85%D9%8A%D8%A9\/%D8%A7%D9%84%D8%B9%D8%AF%D8%AF%2015%20%D9%85%D9%83%D8%B1%D8%B1%20.pdf\">the Official Gazette (pdf)<\/a> to <strong>extend the state of emergency across the country for three months<\/strong>. El Sisi first imposed the state of emergency last April, and has since signed off its renewal in July, October, and January.<\/p>\n<p><strong>With the approach of Ramadan, lantern makers are obsessed with Mohamed Salah<\/strong>, selling lanterns in the shape of the national team football player ahead of the Holy Month, <a href=\"http:\/\/www.bbc.com\/news\/blogs-news-from-elsewhere-43761682\">according to the BBC<\/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\/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=\"630191\" 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=\"630191\">\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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/\">\r\n                            Columnists condemn the \u201ctripartite aggression\u201d on Syria                        <\/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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/\" 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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/')\">\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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/\">\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=Columnists condemn the \u201ctripartite aggression\u201d on Syria&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/\">\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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/&title=Columnists condemn the \u201ctripartite aggression\u201d on Syria\">\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=Columnists+condemn+the+%E2%80%9Ctripartite+aggression%E2%80%9D+on+Syria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fcolumnists-condemn-the-tripartite-aggression-on-syria%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\/15\/columnists-condemn-the-tripartite-aggression-on-syria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630191\" class=\"content-area-description single-story post-630191 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The nation\u2019s columnists are blockading about what some of them are describing as the \u201ctripartite aggression\u201d against Syria. <\/strong>Al Shorouk\u2019s <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=14042018&id=6da15a6a-eab8-4034-8766-845a87730517\">Emad El Din Hussein<\/a> says that targeting Bashar Al Assad won\u2019t help Syria any more than targeting Gaddafi or Saddam helped Libya or Iraq. Al Masry Al Youm\u2019s <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1281467\">Samir Farag<\/a> whines that the US, UK and France didn\u2019t wait for a fact finding mission before the strikes, while El Watan\u2019s <a href=\"https:\/\/www.elwatannews.com\/news\/details\/3272200\">Mahmoud Khalil<\/a> is just generally cranky. <a href=\"https:\/\/www.elwatannews.com\/news\/details\/3268915\">Hazem Mounir<\/a> wonders how Arab leaders will handle the strikes at today\u2019s Dammam summit.<\/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=\"630192\" 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=\"630192\">\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\/15\/egypts-baladi-dogs-find-new-fans\/\">\r\n                            Egypt\u2019s Baladi dogs find new fans                        <\/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\/15\/egypts-baladi-dogs-find-new-fans\/\" 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\/15\/egypts-baladi-dogs-find-new-fans\/')\">\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\/15\/egypts-baladi-dogs-find-new-fans\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s Baladi dogs find new fans&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypts-baladi-dogs-find-new-fans\/\">\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\/15\/egypts-baladi-dogs-find-new-fans\/&title=Egypt\u2019s Baladi dogs find new fans\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+Baladi+dogs+find+new+fans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fegypts-baladi-dogs-find-new-fans%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\/15\/egypts-baladi-dogs-find-new-fans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1664.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630193\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypts-baladi-dogs-find-new-fans\/1664-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1664.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1664.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1664.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1664.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630192\" class=\"content-area-description single-story post-630192 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>Egypt\u2019s Baladi dog breed has been gaining new fans<\/strong>, <a href=\"http:\/\/www.bbc.com\/news\/av\/world-africa-43753817\/the-dog-getting-over-its-bad-image\">BBC reports<\/a>. Attitudes towards Baladi dogs, which constitute the majority of strays, are changing due to their \u201ccharacter, faithfulness and street-smarts,\u201d according to the report. Owners list their qualities that range from guarding, and intelligence to trainability and strong immune systems. \u201cGallant, faithful, clowns, family, regal, and loyal\u201d are some of the words the owners used to describe their Baladi dogs, who have made it as far as the UK with their new fans. (<a href=\"http:\/\/www.bbc.com\/news\/av\/world-africa-43753817\/the-dog-getting-over-its-bad-image\">Watch, runtime: 02:42<\/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=\"630194\" 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=\"630194\">\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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-investments\/\">\r\n                            El Sisi, Portugal\u2019s de Sousa talk illegal migration, SCZone 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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-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=El Sisi, Portugal\u2019s de Sousa talk illegal migration, SCZone investments&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-investments\/&title=El Sisi, Portugal\u2019s de Sousa talk illegal migration, SCZone 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=El+Sisi%2C+Portugal%E2%80%99s+de+Sousa+talk+illegal+migration%2C+SCZone+investments+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fel-sisi-portugals-de-sousa-talk-illegal-migration-sczone-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\/15\/el-sisi-portugals-de-sousa-talk-illegal-migration-sczone-investments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630194\" class=\"content-area-description single-story post-630194 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>El Sisi, Portugal\u2019s de Sousa talk illegal migration, SCZone investments:<\/strong> President Abdel Fattah El Sisi discussed cooperation on illegal migration and investing in the Suez Canal Economic Zone (SCZone) with his Portuguese counterpart Rebelo de Sousa, according to an <a href=\"https:\/\/ent.news\/2018\/4\/1600.pdf\">Ittihadiya statement (pdf)<\/a>. The two leaders stressed the importance of Europe\u2019s cooperation with Egypt on the migration issue. They also signed two MoUs to increase Portuguese investment and development of the SCZone, and for cultural and educational cooperation.<\/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=\"630196\" 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=\"630196\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/sdx-announces-discovery-at-south-disouq\/\">\r\n                            SDX announces discovery at South Disouq                        <\/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\/15\/sdx-announces-discovery-at-south-disouq\/\" 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\/15\/sdx-announces-discovery-at-south-disouq\/')\">\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\/15\/sdx-announces-discovery-at-south-disouq\/\">\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=SDX announces discovery at South Disouq&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/sdx-announces-discovery-at-south-disouq\/\">\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\/15\/sdx-announces-discovery-at-south-disouq\/&title=SDX announces discovery at South Disouq\">\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=SDX+announces+discovery+at+South+Disouq+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fsdx-announces-discovery-at-south-disouq%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\/15\/sdx-announces-discovery-at-south-disouq\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630196\" class=\"content-area-description single-story post-630196 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.44c186c8-eb47-4aed-ac30-38522a54c54b.mp3\"><\/audio><\/figure>\n<p>SDX Energy <a href=\"http:\/\/www.sdxenergy.com\/~\/media\/Files\/S\/Seadragon-Corp\/press-release\/press-release-2018\/20180412_SDX%20Press%20Release.pdf\">announced a gas discovery<\/a> at its Ibn Yunus-1X exploration well at South Disouq, of which it is the operator and has a 55% working interest. \u201cThe Ibn Yunus-1X well was drilled to a total depth of 9068 feet and encountered 100.8 feet of net conventional natural gas pay in the Abu Madi horizon, which had an average porosity in the pay section of 28.5%.\u201d SDX President and CEO Paul Welch commented, saying \u201cwe are extremely encouraged with today\u2019s discovery, our second consecutive discovery at South Disouq.\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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630199\" 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=\"630199\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\">\r\n                            Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel                        <\/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\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\" 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\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/')\">\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\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\">\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\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/&title=Gov\u2019t looks into setting up JV with Emirati company to develop Shepheard hotel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+looks+into+setting+up+JV+with+Emirati+company+to+develop+Shepheard+hotel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fgovt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel%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\/15\/govt-looks-into-setting-up-jv-with-emirati-company-to-develop-shepheard-hotel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630199\" class=\"content-area-description single-story post-630199 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\/.64a2f4b3-b104-4507-9744-c903eb063877.mp3\"><\/audio><\/figure>\n<p>The Public Enterprises Ministry is in talks with an unnamed Emirati company to set up a joint venture with the Egyptian General Company for Tourism and Hotels (EGOTH) to develop the Shepheard hotel in downtown Cairo, <a href=\"http:\/\/www.almalnews.com\/Story\/372265\/15\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%89-%D9%84%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%81%D9%89-%D8%AA%D8%B7%D9%88%D9%8A%D8%B1-%D9%81%D9%86%D8%AF%D9%82-%D8%B4%D8%A8%D8%B1%D8%AF\">Al Mal reports<\/a>. The agreement would see the Emirati company and EGOTH each holding a 50% share of the JV, according to EGOTH Chairman Sherif Bendary. The hotel\u2019s development is expected to cost as much as EGP 1 bn.<\/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=\"630202\" 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=\"630202\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/careem-raises-fares-captains-profit-margins\/\">\r\n                            Careem raises fares, captains\u2019 profit margins                        <\/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\/15\/careem-raises-fares-captains-profit-margins\/\" 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\/15\/careem-raises-fares-captains-profit-margins\/')\">\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\/15\/careem-raises-fares-captains-profit-margins\/\">\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=Careem raises fares, captains\u2019 profit margins&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/careem-raises-fares-captains-profit-margins\/\">\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\/15\/careem-raises-fares-captains-profit-margins\/&title=Careem raises fares, captains\u2019 profit margins\">\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=Careem+raises+fares%2C+captains%E2%80%99+profit+margins+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fcareem-raises-fares-captains-profit-margins%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\/15\/careem-raises-fares-captains-profit-margins\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630202\" class=\"content-area-description single-story post-630202 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.44826bc7-60c7-44c1-a2dd-1961e1bb908b.mp3\"><\/audio><\/figure>\n<p>Ride-hailing app Careem decided to raise fares on its GO and GO+ services, and increasing the payout for its drivers working for those services, <a href=\"http:\/\/www.almalnews.com\/Story\/372266\/17\/%D9%83%D8%B1%D9%8A%D9%85-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B1%D9%81%D8%B9-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%AE%D8%AF%D9%85%D8%AA%D9%89-%D8%AC%D9%88---%D9%88%D9%87%D9%88%D8%A7%D9%85%D8%B4-%D8%A3%D8%B1%D8%A8%D8%A7%D8%AD-%D8%A7%D9%84%D8%B3%D8%A7%D8%A6%D9%82%D9%8A%D9%86\">Al Mal reports<\/a>. The fare hikes come as ride-hailing companies, drivers, and customers are all waiting on the Ride-Hailing Apps Act to regulate the industry.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630204\" 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=\"630204\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/\">\r\n                            PHD expected to issue EGP 560 mn in securitized bonds this month                        <\/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\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/\" 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\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/')\">\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\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/\">\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=PHD expected to issue EGP 560 mn in securitized bonds this month&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/\">\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\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/&title=PHD expected to issue EGP 560 mn in securitized bonds this month\">\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=PHD+expected+to+issue+EGP+560+mn+in+securitized+bonds+this+month+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fphd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month%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\/15\/phd-expected-to-issue-egp-560-mn-in-securitized-bonds-this-month\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630204\" class=\"content-area-description single-story post-630204 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.53d03a95-a779-4da6-8d8f-5315eeb0bb3a.mp3\"><\/audio><\/figure>\n<p>Sarwa Capital is expected to complete a EGP 560 mn securitized bond issuance for Palm Hills Development (PHD) this month, <a href=\"https:\/\/alborsanews.com\/2018\/04\/14\/1098729\">according to Sarwa Managing Director Ayman El Sawy<\/a>. The offering will be split into two, with the first EGP 260 mn tranche set to be issued this week, with another EGP 300 mn tranche to follow, El Sawy reportedly said, adding that Tharwa has received the Financial Regulatory Authority\u2019s (FRA) approval on the transaction. We had <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\">said in late February<\/a> that PHD was seeking FRA approval to issue EGP 300-350 mn in securitized bonds, and was considering upping the offer to EGP 1.6 bn. Sarwa Capital was tapped in 2016 to manage the transaction, for which CIB and Attijariwafa Bank were chosen as preliminary underwriters.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630207\" 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=\"630207\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/\">\r\n                            State security prosecution summons eight AMAY reporters, former editor-in-chief                        <\/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\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/\" 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\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/')\">\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\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/\">\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=State security prosecution summons eight AMAY reporters, former editor-in-chief&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/\">\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\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/&title=State security prosecution summons eight AMAY reporters, former editor-in-chief\">\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=State+security+prosecution+summons+eight+AMAY+reporters%2C+former+editor-in-chief+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fstate-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief%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\/15\/state-security-prosecution-summons-eight-amay-reporters-former-editor-in-chief\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630207\" class=\"content-area-description single-story post-630207 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\/.7a3537d2-061e-4294-a268-e24feb036028.mp3\"><\/audio><\/figure>\n<p>The state security prosecution summoned on Thursday former Al Masry Al Youm editor-in-chief Mohamed El Sayed Saleh and eight of the newspaper\u2019s reporters over their coverage of the presidential election, Press Syndicate Secretary General Hatem Zakaria <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL3N1RP5HM\">told Reuters<\/a>. The newspaper had gotten into hot water for publishing a story alleging coercing by government officials to bolster turnout during the election. The Supreme Media Council <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/drama-between-al-masry-al-youm-and-the-supreme-media-council-unfolds-on-the-airwaves-2\/\">slapped the newspaper<\/a> with a EGP 150k fine and ordered the syndicate to investigate Saleh following a complaint from the National Elections Authority.<\/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=\"630210\" 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=\"630210\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/\">\r\n                            Egypt\u2019s Special Forces join \u201cKhaled Ibn Al Waleed 2018\u201d military drill in Bahrain                        <\/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\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/\" 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\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/')\">\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\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s Special Forces join \u201cKhaled Ibn Al Waleed 2018\u201d military drill in Bahrain&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/\">\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\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/&title=Egypt\u2019s Special Forces join \u201cKhaled Ibn Al Waleed 2018\u201d military drill in Bahrain\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+Special+Forces+join+%E2%80%9CKhaled+Ibn+Al+Waleed+2018%E2%80%9D+military+drill+in+Bahrain+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fegypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain%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\/15\/egypts-special-forces-join-khaled-ibn-al-waleed-2018-military-drill-in-bahrain\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630210\" class=\"content-area-description single-story post-630210 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security 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\/.67521095-729b-4371-a0e6-2ef4d6445ede.mp3\"><\/audio><\/figure>\n<p>Egyptian Special Forces left for Bahrain yesterday to take part in the \u201cKhalid Ibn Al Waleed 2018\u201d joint military drill with Bahraini forces, according to an <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1274584916005821\">Armed Forces statement<\/a>. The drill will take place for several days at Bahrain\u2019s Isa Air Base.<\/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\/national-security\/\">national security<\/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=\"630211\" 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=\"630211\">\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\/15\/egypt-ranks-122-in-uns-world-happiness-report-2018\/\">\r\n                            Egypt ranks 122 in UN\u2019s World Happiness Report 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\/15\/egypt-ranks-122-in-uns-world-happiness-report-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\/15\/egypt-ranks-122-in-uns-world-happiness-report-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\/15\/egypt-ranks-122-in-uns-world-happiness-report-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=Egypt ranks 122 in UN\u2019s World Happiness Report 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/egypt-ranks-122-in-uns-world-happiness-report-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\/15\/egypt-ranks-122-in-uns-world-happiness-report-2018\/&title=Egypt ranks 122 in UN\u2019s World Happiness Report 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=Egypt+ranks+122+in+UN%E2%80%99s+World+Happiness+Report+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F15%2Fegypt-ranks-122-in-uns-world-happiness-report-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\/15\/egypt-ranks-122-in-uns-world-happiness-report-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630211\" class=\"content-area-description single-story post-630211 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt is the 122nd happiest country in the world, <\/strong>according to the United Nations\u2019 2018 <a href=\"https:\/\/s3.amazonaws.com\/happiness-report\/2018\/WHR_web.pdf\">World Happiness Report (pdf)<\/a>, which ranks 156 countries based on how happy they are using metrics such as absence of corruption, existence of social protection and justice, and freedom. The report also ranks 117 countries by the happiness of their migrants, in which Egypt ranked 62. Egypt came in last out of 29 countries that are the least-accepting of migrants.<\/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=\"630212\" 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=\"630212\">\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\/15\/630212\/\">\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\/15\/630212\/\" 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\/15\/630212\/')\">\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\/15\/630212\/\">\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\/15\/630212\/\">\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\/15\/630212\/&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%2F15%2F630212%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\/15\/630212\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630212\" class=\"content-area-description single-story post-630212 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 17.63 | Sell 17.73<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.62 | Sell 17.72<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 17,616 (-1.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.6 bn (39% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +17.3%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 1.8%. CIB, the index heaviest constituent ended down 2.3%. EGX30\u2019s top performing constituents were AMOC up 2.7%, Telecom Egypt up 1.9%, and Juhayna up 0.4%. Thursday\u2019s worst performing Madinet Nasr Housing down 5.7%, Emaar Misr down 5.2%, and Amer Group down 5.1%. The market turnover was EGP 1.6 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -19.8 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -96.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +116.7 mn<\/p>\n<p><strong>Retail<\/strong>: 64.6% of total trades | 67.9% of buyers | 61.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.4% of total trades | 32.1% of buyers | 38.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 16.7% of total | 16.1% of buyers | 17.3% of sellers<br \/>\n <strong>Regional:<\/strong> 17.6% of total | 14.6% of buyers | 20.5% of sellers<br \/>\n <strong>Domestic:<\/strong> 65.7% of total | 69.3% of buyers | 62.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 67.39 (+0.48%)<br \/>\n <strong>Brent:<\/strong> USD 72.58 (+0.78%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.74 MMBtu, (+1.82%, May 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,347.90 \/ troy ounce (+0.45%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,824.12 (+0.27%) (YTD: +8.27%)<br \/>\n <strong>ADX:<\/strong> 4,653.03 (-0.78%) (YTD: +5.79%)<br \/>\n <strong>DFM:<\/strong> 3,094.40 (-1.23%) (YTD: -8.18%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 415.78 (+1.52%) (YTD: +3.58%)<br \/>\n <strong>QE:<\/strong> 8,918.48 (-1.07%) (YTD: +4.64%)<br \/>\n <strong>MSM:<\/strong> 4,776.55 (-0.27%) (YTD: -6.33%)<br \/>\n <strong>BB:<\/strong> 1,291.45 (+0.20%) (YTD: -3.02%)<\/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=\"630213\" 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\/15\/630213\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630213\" class=\"content-area-description single-story post-630213 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>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>07-08 May (Monday-Tuesday): Fourth annual <a href=\"http:\/\/www.egyptcsrforum.com\/\">Egypt CSR Forum<\/a>, InterContinental Semiramis 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>24-25 September (Monday-Tuesday): <a href=\"https:\/\/egyptwaterdesalination.iqpc.com\/\">Egypt Water Desalination Forum<\/a>, venue TBD.<\/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>23-24 October (Tuesday-Wednesday): <a href=\"http:\/\/eventtus.com\/event\/57331f97f1773d822f8b4578\">Intelligent Cities Exhibition & Conference 2018<\/a>, Fairmont Towers Heliopolis, Cairo.<\/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>24-25 November (Monday-Tuesday): <a href=\"http:\/\/cairoict.com\/\">22nd Cairo ICT<\/a>, Cairo Convention Center, Nasr City, Cairo.<\/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":630165,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-630164","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a77199d7-fbc7-4b2a-a804-793f3c2a7239","teaser":"","photo_url":"https:\/\/ent.news\/2017\/12\/150.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>Ratings agencies still don\u2019t get Egypt - 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\/ratings-agencies-still-dont-get-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ratings agencies still don\u2019t get Egypt\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T11:21:04+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/\",\"name\":\"Ratings agencies still don\u2019t get Egypt - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-04-15T03:56:47+00:00\",\"dateModified\":\"2025-12-17T11:21:04+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Ratings agencies still don\u2019t get Egypt\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ratings agencies still don\u2019t get Egypt - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/","og_locale":"en_US","og_type":"article","og_title":"Ratings agencies still don\u2019t get Egypt","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-17T11:21:04+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/","name":"Ratings agencies still don\u2019t get Egypt - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1","datePublished":"2018-04-15T03:56:47+00:00","dateModified":"2025-12-17T11:21:04+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2017\/12\/150.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/ratings-agencies-still-dont-get-egypt\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Ratings agencies still don\u2019t get Egypt"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630164\/revisions"}],"predecessor-version":[{"id":630222,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630164\/revisions\/630222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/630165"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}