{"id":630223,"date":"2018-04-16T04:20:33","date_gmt":"2018-04-16T04:20:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=630223"},"modified":"2025-12-17T11:22:48","modified_gmt":"2025-12-17T11:22:48","slug":"budget-details-leak-on-twitter","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/budget-details-leak-on-twitter\/","title":{"rendered":"Budget details leak on Twitter"},"content":{"rendered":"<section id=\"630225\" 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=\"630225\">\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\/16\/what-were-tracking-on-16-april-2018\/\">\r\n                            What we\u2019re tracking on 16 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\/16\/what-were-tracking-on-16-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\/16\/what-were-tracking-on-16-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\/16\/what-were-tracking-on-16-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 16 April 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/what-were-tracking-on-16-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\/16\/what-were-tracking-on-16-april-2018\/&title=What we\u2019re tracking on 16 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+16+April+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fwhat-were-tracking-on-16-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\/16\/what-were-tracking-on-16-april-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630225\" class=\"content-area-description single-story post-630225 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>Finance Minister Amr El Garhy will be in Washington, DC, today for the <\/strong><a href=\"http:\/\/www.imf.org\/external\/spring\/2018\/\"><strong>IMF and World Bank\u2019s Spring Meetings<\/strong><\/a>, which will wrap on 22 April. Investment Minister Sahar Nasr and Central Bank Governor Tarek Amer are also attending. 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><p><strong>Does a US support for a World Bank capital mean more financing down the line for Egypt? <\/strong>The US administration is set to support an imminent USD 13 bn capital increase at the World Bank. Treasury Secretary Steven Mnuchin is expected to announce the news during the week\u2019s spring meetings, <a href=\"https:\/\/www.ft.com\/content\/bedf52ca-3f57-11e8-b7e0-52972418fec4\">sources told the FT<\/a>. US government officials have been tight-lipped as the administration had \u201cexpressed reservations about World Bank lending to China and other middle-income countries at last October\u2019s annual meetings,\u201d which made it \u201cwary of the plans for a capital increase.\u201d World Bank Group Executive Director and Executive Board Dean Merza Hasan had <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/18\/egypt-must-expand-the-social-safety-net-to-support-the-middle-class-world-bank-group\/\">said last month<\/a>, during AmCham\u2019s 2018 Doorknock mission to Washington, that Egypt could be looking at a financing package of over USD 1 bn this year if the Bank was able to up its capital.<\/p><p><strong>Mideast markets were unaffected by airstrike carried out by the US, UK, and France against Syria on Saturday, <\/strong><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-15\/analysts-say-syria-strike-isn-t-causing-panic-in-mideast-markets\">analysts tell Bloomberg<\/a>. EFG Hermes Research\u2019s Mohamad Al Hajj says that<strong> geopolitical disputes are of little consequence to most Middle East investors.<\/strong> \u201cSpecifically in the MENA, political risk has always been there\u2026 But if we look at returns since the Arab spring, for example, banks like CIB in Egypt have delivered returns better than emerging markets. The leading companies in the GCC delivered returns better than emerging markets.\u201d <strong>Regional equities rose yesterday<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-15\/arab-stocks-advance-as-jitters-over-u-s-strike-in-syria-fade\">the business information service noted<\/a>, with the Tadawul gaining 1.9% after a tough week last week and the DFM up 1.8%. The piece notes that in Egypt, SODIC shares rose by as much 4.3% and have \u201cgained 11% in the past three sessions as it announced it was <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/12\/sodic-mnhd-talks-to-begin-today-source\/\">starting talks with MNHD<\/a>\u201d over a potential merger or acquisition.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>A looming bank crisis in Bangladesh is an opportunity for Egyptian garment manufacturers. <\/strong>That\u2019s our takeaway from a <a href=\"https:\/\/www.ft.com\/content\/48c09c58-3c72-11e8-b7e0-52972418fec4\">Financial Times<\/a> piece this morning that suggests banks \u201cin the south Asian nation face a credit crunch following mass deposit withdrawals in March and soaring levels of non-performing loans. Analysts and investors fear a full-blown crisis could spill over into Bangladesh\u2019s strongest link to the global economy \u2014 the production of textiles and ready-made garments for fast fashion brands and retailers such as H&amp;M, American Eagle Outfitters, Zara, Walmart and Target.\u201d Bangladesh is the world\u2019s second-largest RMG exporter after China. We get that exports are hard, but the opportunities, friends, is simply too large to ignore across multiple industries.<\/p><p><strong>Making sense of the end of the world, Part I: <\/strong>With increasing volatility in equity markets, fears of a global trade war sparked by China and the US, and a rising tide of nationalism on just about every continent, it\u2019s become vogue to speculate about how the coming global meltdown will play out. <strong>An emerging consensus suggests that it may not be as painful as the Chicken Littles would have had us believe. <\/strong>Wall Street economists are sticking to their forecasts of global growth at about 4% this year, Bloomberg reports, suggesting that <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-15\/wall-street-economists-see-global-growth-cresting-not-collapsing\"><strong>\u201cglobal growth is cresting, not collapsing.\u201d<\/strong><\/a> (The story has money quotes from just about every major global sell-side house stacked one after the other \u2014 definitely worth reading.)<\/p><p>(The update to banks\u2019 growth forecasts comes as the IMF prepares to release tomorrow its semi-annual update of its global economic outlook.)<\/p><p><strong>Part II: The end of the nine-year-old bull market shouldn\u2019t be agony<\/strong>, <a href=\"http:\/\/www.businessinsider.com\/investors-are-seeing-the-true-tell-of-the-top-in-stocks-morgan-stanley-says-2018-4\">Morgan Stanley\u2019s US equity strategists suggest<\/a>. While it\u2019s natural to \u201cwant to sell everything\u201d when you remember the corrections of 2008-09 or 2000-02, the bank says, \u201cwe envision a 1-2-year consolidation with 10-20% price swings and concentrated pain in certain sectors that are either overbought, expensive or fundamentally challenged. This will not be the wipe-out scenario that some of the perma-bears out there have been warning about for the past eight years.\"<\/p><p><strong>Part III: Are we headed for USD 80 oil?<\/strong> \u201cBrent oil could spike to $80 a barrel if the U.S. and European Union reimpose sanctions on Iran and as Western powers expand the scope of the Syrian civil war, JPMorgan strategists,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-04-14\/oil-may-be-about-to-spike-and-jpmorgan-has-trades-to-play-it\">Bloomberg reports<\/a>.<\/p><p>Also making headlines this morning in the global business and finance press:<\/p><p><strong>Where were the lawyers? <\/strong>Martin Sorrell\u2019s resignation as chief of WPP, the world\u2019s largest ads group, may mean \u201c<a href=\"https:\/\/www.theglobeandmail.com\/business\/international-business\/european-business\/article-with-martin-sorrells-resignation-at-wpp-the-mad-men-era-truly-seems\/\">the end of the Mad Men era<\/a>,\u201d but guess what? Dude apparently <a href=\"https:\/\/www.ft.com\/content\/eefee87a-40d4-11e8-93cf-67ac3a6482fd\">hasn\u2019t got a non-compete<\/a> and his partisans have left <a href=\"https:\/\/www.wsj.com\/articles\/wpp-chief-executive-martin-sorrell-contending-with-probe-decided-to-resign-1523834673\">the WSJ reporting<\/a> that \u201cleft because of exasperation with the handling of the prive, not because he was worried about its details becoming public.\u201d Is it the start of a final act for the 73-year-old?<\/p><p>Longtime readers will know we\u2019re a sucker for this story from the headline alone: <a href=\"https:\/\/www.wsj.com\/articles\/bringing-blockchain-to-the-coffee-cup-1523797205\"><strong>Bringing blockchain to the coffee cup<\/strong><\/a>. (WSJ)<\/p><p>Readers of a certain age will doubtless share our feeling that an era is closing as <strong>Barbara Bush<\/strong>, the wife of former president George H.W. Bush (the \u201cgood\u201d Bush president) <strong>is <\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-people-barbarabush\/barbara-bush-wife-of-ex-president-george-h-w-bush-in-failing-health-idUSKBN1HM0UW\"><strong>reportedly in \u201cfailing health\u201d<\/strong><\/a> and has decided to no longer seek medical treatment.<\/p><p>The war of words between former FBI Director James Comey and US President Donald Trump has deepened as Come calls <strong>Trump <\/strong><a href=\"https:\/\/www.cnbc.com\/2018\/04\/15\/forme-fbi-director-james-comey-talks-about-donald-trump-with-abc-.html\"><strong>\u201cmorally unfit to be president.\u201d<\/strong><\/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=\"630226\" 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-hu0e8d0\" data-v=\"4\" data-block-id=\"hu0e8d0\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-hu0e8d0-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-hu0e8d0-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-d99zmub\" data-v=\"4\" data-block-id=\"d99zmub\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-d99zmub-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-d99zmub-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-ocwfmy4\" data-v=\"4\" data-block-id=\"ocwfmy4\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-ocwfmy4-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-ocwfmy4-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-7darqco\" data-v=\"4\" data-block-id=\"7darqco\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7darqco-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7darqco-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=\"630227\" 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=\"630227\">\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\/16\/what-were-tracking-this-week-36\/\">\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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/what-were-tracking-this-week-36\/&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%2F16%2Fwhat-were-tracking-this-week-36%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\/16\/what-were-tracking-this-week-36\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630227\" class=\"content-area-description single-story post-630227 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>Our friends at AmCham are hosting a breakfast meeting and visit to the National Museum of Egyptian Civilization in Fostat on Thursday.<\/strong> The visit will include an exclusive viewing of the newly inaugurated exhibition hall: \u201cEgyptian Crafts through the Ages.\u201d Speakers will include Antiquities Minister Khaled El Anany and Mostafa Waziry, the director-general of the Supreme Council of Antiquities. <strong>Members and their guests can <\/strong><a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fevents-activities%2Fregister-upcoming-event%2F1137\"><strong>register here<\/strong><\/a><strong>.<\/strong><\/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=\"630228\" 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=\"630228\">\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\/16\/on-the-horizon-47\/\">\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 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href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fon-the-horizon-47%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\/16\/on-the-horizon-47\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630228\" class=\"content-area-description single-story post-630228 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.<\/p>\n<p><strong>The Egyptian-Sudanese Business Council will hold <\/strong><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/%D8%AF%D8%B9%D9%88%D8%A9-%D8%AD%D8%B6%D9%88%D8%B1-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D9%84%D8%A7%D8%B9%D8%B6%D8%A7%D8%A1-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3.pdf\"><strong>its first meeting on Saturday 21 April<\/strong><\/a><strong>. <\/strong>The Council hopes to use cross-border business ties to help smooth over a recovering but strained diplomatic relationship between the two countries. The inaugural meeting of will look at obstacles to trade (we imagine Sudan\u2019s boycott of Egyptian goods being one of them) and projects that will help move trade relations forward.<\/p>\n<p><strong>The seventh edition of the El Gouna International Squash Open will take place on 20-27 April<\/strong> in the Red Sea resort town of El Gouna. \u201cThis year\u2019s tournament features a women\u2019s World Series tournament alongside the men\u2019s event for the first time in history,\u201d <a href=\"http:\/\/www.elgounasquashopen.com\/worldseries.htm\">according to the event\u2019s website<\/a>. Winners of each tournament will take home up to USD 165k each. Qualifying rounds will take place on 18-19 April at the El Gouna Squash Complex.<\/p>\n<p><strong>A French business delegation is scheduled to visit Cairo on 22 April<\/strong> to look into investment options in the agriculture, infrastructure, oil and gas, and electronic waste recycling sectors, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1281621\">Al Masry Al Youm reports<\/a>.<\/p>\n<p><strong>Pride Capital to host workshop on financing small merchants next week:<\/strong> Pharos-affiliated Pride Capital, Egypt\u2019s first fintech-focused accelerator, is hosting a workshop titled \u201cFinancing Small Merchants\u201d on Monday, 23 April at the Greek Campus. The workshop will feature a discussion with Tamweely Chairman Amr Abu Elazm, former Financial Regulatory Authority Chairman Sherif Samy, and Fawry CEO Ashraf Sabry. Tap or click here to <a href=\"https:\/\/www.eventbrite.com\/e\/financing-small-merchants-tickets-45060707790\">register for a spot in the workshop<\/a>. You can also check out the <a href=\"https:\/\/www.facebook.com\/events\/1848255228807510\/\">workshop\u2019s Facebook page<\/a> for more information on the event or Pride Capital\u2019s <a href=\"https:\/\/www.linkedin.com\/company\/pride-capital-eg\/\">LinkedIn page<\/a> for more on the accelerator.<\/p>\n<p><strong>French President Emmanuel Macron will also 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=\"630229\" 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=\"630229\">\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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/\">\r\n                            Budget, Arab League, and farmers gripes topped airwaves coverage                        <\/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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/\" 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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/')\">\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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/\">\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=Budget, Arab League, and farmers gripes topped airwaves coverage&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/\">\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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/&title=Budget, Arab League, and farmers gripes topped airwaves coverage\">\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=Budget%2C+Arab+League%2C+and+farmers+gripes+topped+airwaves+coverage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fbudget-arab-league-and-farmers-gripes-topped-airwaves-coverage%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\/16\/budget-arab-league-and-farmers-gripes-topped-airwaves-coverage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630229\" class=\"content-area-description single-story post-630229 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>The talking heads hovered last night between heavy econ and political stories, <strong>with the top concern being the FY2018-19 budget<\/strong>, the debate on which formally opened at the House of Representatives yesterday.<\/p>\n<p>Skimming through the highlights of the budget, Hona Al Asema\u2019s <strong>Lamees Al Hadidi wondered whether Egyptian debt will be globally attractive <\/strong>with the budget expecting yields to fall to around 14.7%. She joined a number of MPs in calling for further clarification of the issue and seemed particularly keen on the 43% increase in government investment in the new budget \u2014 and asked when expected fuel subsidy cuts will come (<a href=\"https:\/\/www.youtube.com\/watch?v=EMwnH6Hh_e0\">watch, runtime: 6:11<\/a>).<\/p>\n<p><strong>She delved further into the subsidy cuts with businessman Hany Tawfik <\/strong>who found the 19% cut on fuel subsidy spending to EGP 89 bn to be reasonable. He objected, however, to nearly halving electricity subsidies to EGP 16 bn. He expects the CBE will cut interest rates 100 bps next month, but that these would either remain stable or possibly even rise again as a result of the resulting inflation. He also called for a more efficient tax system that he said would help offset the subsidy budget. Tawfik added that continued regional instability could spook the carry trade (<a href=\"https:\/\/www.youtube.com\/watch?v=zPEjKGyV56k\">watch, runtime: 8:34<\/a>).<\/p>\n<p><strong>Speaking of regional instability, the Arab League Summit got substantial coverage across the airwaves.<\/strong> The general consensus was that these were just another set of pointless meetings that achieved nothing. Both Lamees and Al Hayah Al Youm\u2019s Khaled Abu Bakr extolled President Abdel Fattah El Sisi\u2019s speech saying it was the \u201cboldest\u201d of all (<a href=\"https:\/\/www.youtube.com\/watch?v=DtNTfSxkB_w\">watch, runtime: 56:57<\/a>). Kol Youm\u2019s Amr Adib rambled on about an \u201cArab Eurozone.\u201d<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Adib also zeroed in on the presence of Housing Minister Mostafa Madbouly at the summit<\/strong>, which he suggested either means that Madbouly was there to discuss potential development projects or that he in the running for a big political promotion (<a href=\"https:\/\/www.youtube.com\/watch?v=TJHlbKyDzHU&t=183s\">watch, runtime: 39:52<\/a>). <strong>Madbouly has been touted as a potential prime minister amid expectations President Abdel Fattah El Sisi will soon announce a cabinet shuffle. <\/strong>On Masaa DMC, Eman Al Hossary spoke to Arab League Assistant Secretary General Hossam Zaki on how the summit addressed the developments in Syria (through the usual condemnations) (<a href=\"https:\/\/www.youtube.com\/watch?v=x71YXyxPdp4\">watch, runtime: 5:47<\/a>).<\/p>\n<p><strong>For some reason, the issue of merging political parties is still being discussed<\/strong>, and of all people by Lamees (we expected this from Amr, frankly). House spokesman Salah Hassaballah through cold water on the talks, saying that there were no draft laws on this and that these are just ideas under discussion (<a href=\"https:\/\/www.youtube.com\/watch?v=2G_LNaWD3S4\">watch, runtime: 3:46<\/a>).<\/p>\n<p><strong>Local farmers are griping with the EGP 600 per ardib price for wheat set out this harvest season and have taken to the airwaves to voice their complaints.<\/strong> Farmer\u2019s Syndicate head Hussein Abu Saddam called in to say the Supply Ministry\u2019s price is \u201cacceptable.\u201d Supply Ministry spokesman Mamdouh Ramadan defended the decision, saying that the farmers bottom line under this price is fair and in line with the current economic and global market conditions (<a href=\"https:\/\/www.youtube.com\/watch?v=ZOBU7Ao04Lc\">watch, runtime: 8:10<\/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=\"630230\" 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=\"630230\">\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\/16\/budget-debate-officially-kicks-off-at-the-house\/\">\r\n                            Budget debate officially kicks off at the House                        <\/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\/16\/budget-debate-officially-kicks-off-at-the-house\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The numbers El Hariri tweeted vary widely in places from those noted prior in earlier media reports and official statements. The figures appear to be from a summary copy of the budget that the Ismail Cabinet sent to the House. <a href=\"https:\/\/pbs.twimg.com\/media\/Daxnb_qWAAAmi2v.jpg\">Overall spending on subsidies and welfare<\/a> will reach EGP 332.29 bn, with <strong>total subsidy spending alone falling 3.8% y-o-y to EGP 213.76 bn<\/strong>. Other key figures highlighted in the release include:<\/p>\n<ul>\n<li><strong>Fuel subsidies:<\/strong> The government is cutting fuel subsidies 19.1% to EGP 89.08 bn. <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/11\/govt-to-cut-fuel-subsidies-increase-food-subsidies-in-fy2018-19\/\">Reuters had said last week<\/a> in a report on subsidy cuts that fuel subsidy costs would be cut 26%.<\/li>\n<li><strong>Electricity subsidies:<\/strong> These would be cut by 46.6% to EGP 16 bn next fiscal year.<\/li>\n<li><strong>Commodity subsidies:<\/strong> Spending on commodity subsidies is expected to grow a whopping 36.6% in FY2018-19 to EGP 86.18 bn, far greater than the 5% reported by Reuters. <\/li>\n<li><strong>Export subsidies:<\/strong> Spending on export subsidies will grow a substantial 53.8% to EGP 4 bn. <\/li>\n<li><strong>Welfare spending:<\/strong> Overall <a href=\"https:\/\/pbs.twimg.com\/media\/DaxoHCeXcAIllg4.jpg\">spending on social welfare<\/a> will fall 0.5% to EGP 298.94 bn, with public sector wages growing marginally to EGP 2.06 bn. <\/li>\n<li><strong>Health and Education spending: <\/strong>The <a href=\"https:\/\/pbs.twimg.com\/media\/Daxn1K_WsAEuEW1.jpg\">budget for healthcare<\/a> will grow 12.5% y-o-y to EGP 61.81 bn, while <a href=\"https:\/\/pbs.twimg.com\/media\/Daxnec2X4AEVoOd.jpg\">spending on education<\/a> will grow 8% to EGP 115.66 bn in FY2018-19.<\/li>\n<li><a href=\"https:\/\/pbs.twimg.com\/media\/DaxnZvLXcAA1uFV.jpg\"><strong>Debt service<\/strong><\/a> will jump 42% y-o-y next fiscal year to EGP 541.31 bn. <\/li>\n<\/ul>\n<p>Meanwhile: <strong>The government sees revenues from tax collections rising 23.4% y-o-y in FY2018-19 to the equivalent of14.7% of GDP<\/strong>,Finance Minister Amr El Garhy told the House of Representatives on Sunday, <a href=\"http:\/\/almalnews.com\/Story\/372527\/14\/%D8%A7%D9%84%D8%AC%D8%A7%D8%B1%D8%AD%D9%8A-%D9%86%D8%AA%D9%88%D9%82%D8%B9-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%A7%D9%84%D8%AD%D8%B5%D9%8A%D9%84%D8%A9-%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%D8%A9-%D8%A5%D9%84%D9%89-23-4%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A9-%D9%81%D9%89-%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\">according to Al Mal<\/a>. A <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/15\/govt-budget-bridging-is-out-sees-inflation-dropping-to-low-of-10-in-fy2018-19\/\">pre-budget report released late last week<\/a> had suggested that tax receipts are projected to contribute EGP 770.3 bn to total state revenues of EGP 989.2 bn in FY2018-19, as the government seeks to expand its tax base, mainly through financial inclusion initiatives that aim to encourage SMEs to join the formal economy. We noted yesterday that the new budget sees inflation dropping to lows of 10%, GDP growing at 5.8%, and the budget deficit narrowing to 8.4%.<\/p>\n<p>The fear in the business community, naturally, is that it is <strong>easier for lower-level bureaucrats with significant tax-collection targets to put the squeeze on current taxpayers than it is to broaden the tax base <\/strong>by giving the informal economy incentives to go legit.<\/p>\n<p><strong>The government is also focused on rationalizing spending and reducing its debt levels, <\/strong>according to El Garhy, who said that the new fiscal year will see unutilized state assets and resources put to work, which should help the government achieve its target primary budget surplus of 2%. El Garhy was joined by <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1281615\">Planning Minister Hala El Said<\/a> in briefing MPs as the House budget debates officially kicked off yesterday.Parliament Speaker Ali Abdel Aal <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/15\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%AD%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85%D8%A9-%D9%84%D9%84%D8%AC%D9%86%D8%A9-%D8%A7%D9%84%D8%AE%D8%B7%D8%A9-%D9%8A%D8%A4%D9%83%D8%AF-%D8%B3%D8%AA%D8%AE%D8%B1%D8%AC-%D8%A3%D8%A8%D9%88%D8%A7%D8%A8%D8%A7\/3744843\">referred the FY2018-19 state budget<\/a> to the House Budget Committee.<\/p>\n<p><strong>Early reactions to the budget in House appear mixed.<\/strong> El Hariri had been the most vocal critic on the Budget Committee \u2014 not surprising, since he is a member of the House Club of Trolls otherwise known as the 25-30 Coalition. He criticized heavy spending on debt service, which came at the expense of outlays on health and education, <a href=\"http:\/\/www.almalnews.com\/Story\/372544\/19\/%D8%AA%D8%A8%D8%A7%D9%8A%D9%86-%D9%81%D9%8A-%D8%A2%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D8%A7%D9%84%D8%AA%D9%85%D9%87%D9%8A%D8%AF%D9%89-%D9%84%D9%84%D9%85%D9%88%D8%A7%D8%B2%D9%86%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9\">according to Al Mal<\/a>. El Hariri appears to not like inflows of USD, as he also criticized increases in export subsidies spending. How he made on that committee, we don\u2019t know. House Economic Committee member Amr El Gohary called on ministers to explain how the government plans to reduce public debt, and how it plans to reduce unemployment beyond its stated sub-11% target.<\/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=\"630239\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630240\" 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=\"630240\">\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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/\">\r\n                            Egyptian photographer wins World Press Photo award for \u2018Banned Beauty\u2019 project                        <\/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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/\" 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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/')\">\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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/\">\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=Egyptian photographer wins World Press Photo award for \u2018Banned Beauty\u2019 project&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/\">\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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/&title=Egyptian photographer wins World Press Photo award for \u2018Banned Beauty\u2019 project\">\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=Egyptian+photographer+wins+World+Press+Photo+award+for+%E2%80%98Banned+Beauty%E2%80%99+project+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fegyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project%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\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1169.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630241\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/egyptian-photographer-wins-world-press-photo-award-for-banned-beauty-project\/1169-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1169.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1169.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1169.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1169.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630240\" class=\"content-area-description single-story post-630240 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egyptian photographer Heba Khamis has won first prize in the contemporary issues section of the 2018 <\/strong><a href=\"https:\/\/www.worldpressphoto.org\/collection\/photo\/2018\/contemporary-issues\/heba-khamis\"><strong>World Press Photo<\/strong><\/a><strong> competition<\/strong> <strong>for her <\/strong><a href=\"http:\/\/www.hebakhamis.com\/albums\/banned-beauty-1\/\"><strong>\u201cBanned Beauty\u201d project<\/strong><\/a><strong>, <\/strong>becoming the third Egyptian photographer to win the award. Khamis\u2019 project captures images of Cameroon\u2019s young girls who are subjected to \u201cbreast ironing,\u201d a traditional practice that involves \u201cmassaging or pressing the breasts of pubescent girls in order to suppress or reverse breast development.\u201d The practice is carried out in hopes to delay maturity and prevent rape.<\/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=\"630242\" 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=\"630242\">\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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/\">\r\n                            Does anyone other than WaPo remember those smurf islands?                        <\/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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/\" 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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/')\">\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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/\">\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=Does anyone other than WaPo remember those smurf islands?&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/\">\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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/&title=Does anyone other than WaPo remember those smurf islands?\">\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=Does+anyone+other+than+WaPo+remember+those+smurf+islands%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fdoes-anyone-other-than-wapo-remember-those-smurf-islands%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\/16\/does-anyone-other-than-wapo-remember-those-smurf-islands\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630242\" class=\"content-area-description single-story post-630242 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>On an exceptionally quiet news day for Egypt in the international press, we wonder: <strong>Does anyone other than WaPo remember Smurf Islands?<\/strong> <a href=\"https:\/\/www.washingtonpost.com\/news\/monkey-cage\/wp\/2018\/04\/15\/two-years-ago-nationalism-sparked-massive-protests-in-egypt-could-it-happen-again\/?noredirect=on&utm_term=.ed77dead9aba\">The Washington Post<\/a> is really scraping to the bottom of the barrel to portray Egypt as unstable by marking the second anniversary of the \u201cmassive\u201d protests over Tiran and Sanafir. Writing for the Monkey Cage blog, Janis Grimm appears to be crossing her fingers in hope that it may happen again.<\/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=\"630243\" 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=\"630243\">\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\/16\/low-expectations-for-the-arab-league-summit\/\">\r\n                            Low expectations for the Arab League Summit                        <\/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\/16\/low-expectations-for-the-arab-league-summit\/\" 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\/16\/low-expectations-for-the-arab-league-summit\/')\">\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\/16\/low-expectations-for-the-arab-league-summit\/\">\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=Low expectations for the Arab League Summit&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/low-expectations-for-the-arab-league-summit\/\">\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\/16\/low-expectations-for-the-arab-league-summit\/&title=Low expectations for the Arab League Summit\">\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=Low+expectations+for+the+Arab+League+Summit+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Flow-expectations-for-the-arab-league-summit%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\/16\/low-expectations-for-the-arab-league-summit\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630243\" class=\"content-area-description single-story post-630243 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 don\u2019t expect much from the ongoing Arab League Summit in Saudi Arabia.<\/strong> Al Masry Al Youm\u2019s <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1281768\">Mohamed Amin<\/a> says the \u201cpre-packaged\u201d gathering was doomed to fail before it even began, while Ahram Gate\u2019s <a href=\"http:\/\/gate.ahram.org.eg\/News\/1894499.aspx\">Mohamed El Shazly<\/a> isn\u2019t holding his breath for results, saying that the Arab Summit has not made a real decision in 20 years.<\/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=\"630244\" 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=\"630244\">\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\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/\">\r\n                            \u201cDeaf-friendly\u201d cafe in Alexandria caters to deaf and mute customers                        <\/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\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/\" 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\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/')\">\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\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/\">\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=\u201cDeaf-friendly\u201d cafe in Alexandria caters to deaf and mute customers&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/\">\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\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/&title=\u201cDeaf-friendly\u201d cafe in Alexandria caters to deaf and mute customers\">\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 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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630245\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/deaf-friendly-cafe-in-alexandria-caters-to-deaf-and-mute-customers\/705-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/705.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"705.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/705.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/705.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630244\" class=\"content-area-description single-story post-630244 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>A coffee shop in Alexandria has become a popular with deaf and mute customers, <\/strong><a href=\"https:\/\/www.facebook.com\/aljazeera\/videos\/10156670669473690\/\">Al Jazeera English reports<\/a>. \u201cThe waiters and customers communicate through their own version of sign language.\u201d They can be seen using a set of different hand gestures to order tea, coffee, hot chocolate, or yoghurt drinks. It takes a while for customers to be comfortable and trust the other goers or the waiters, the staff say, but once they do, \u201cthey keep coming back.\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\/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=\"630246\" 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=\"630246\">\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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/\">\r\n                            El Sisi reaffirms the need for political resolution to regional crises                        <\/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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/\" 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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/')\">\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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/\">\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 reaffirms the need for political resolution to regional crises&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/\">\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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/&title=El Sisi reaffirms the need for political resolution to regional crises\">\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+reaffirms+the+need+for+political+resolution+to+regional+crises+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fel-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises%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\/16\/el-sisi-reaffirms-the-need-for-political-resolution-to-regional-crises\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630246\" class=\"content-area-description single-story post-630246 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 reaffirms the need for political resolution to regional crises:<\/strong> President Abdel Fattah El Sisi stressed the need to resolve the conflicts in Palestine, Syria, Yemen, and Libya through political channels to restore stability to the Middle East, according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/367826130403440\">an Ittihadiya statement<\/a>. El Sisi said that Arab countries are facing the \"most serious crisis since their independence,\" accusing regional states of working hard to establish spheres of influence within other states and foreign armies occupying Arab countries (an obvious allusion to Turkey and Iran). He reaffirmed Egypt\u2019s rejection of the US recognizing Jerusalem as Israel\u2019s capital and urged quick action to resolve the Palestinian-Israeli conflict. He also renewed calls for the establishment of a pan-Arab security force or mechanism to create a united front against terrorism and external aggression.<\/p>\n<p><strong>Arab leaders called yesterday for an international investigation into the \u201ccriminal use \u201cof chemical weapons in Syria,<\/strong> <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL8N1RS0VG\">Reuters reports<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630248\" 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=\"630248\">\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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\">\r\n                            EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June                        <\/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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\" 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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/')\">\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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\">\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=EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\">\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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/&title=EEHC to reach final agreement on Al Nowais\u2019 Oyoun Mousa coal plant by June\">\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=EEHC+to+reach+final+agreement+on+Al+Nowais%E2%80%99+Oyoun+Mousa+coal+plant+by+June+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Feehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june%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\/16\/eehc-to-reach-final-agreement-on-al-nowais-oyoun-mousa-coal-plant-by-june\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630248\" class=\"content-area-description single-story post-630248 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\/.2e0b7e67-ee5c-40f6-8feb-d9d3938f1276.mp3\"><\/audio><\/figure>\n<p>The Egyptian Electricity Holding Company (EEHC) is expected to reach a final agreement with the UAE\u2019s Al Nowais for its USD 4 bn \u201cclean coal\u201d power station in Oyoun Mousa by June, an EEHC source said, <a href=\"http:\/\/www.almalnews.com\/Story\/372455\/59\/%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%AA%D8%AD%D8%B3%D9%85-%D8%B3%D8%B9%D8%B1-%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D8%B7%D8%A7%D9%82%D8%A9-%D9%85%D9%86-%D9%81%D8%AD%D9%85-%D8%A7%D9%84%D9%86%D9%88%D9%8A%D8%B3-%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA%D9%8A%D8%A9\">Al Mal reports<\/a>. The two sides are still negotiating the feed-in tariff rate for the project, which will likely be set at USD 0.045 per kWh. The company\u2019s proposed tariff ranges from USD 0.058-0.067 per kWh, officials <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/01\/government-to-approve-al-nowais-power-stations-technical-plans-within-days\/\">had previously said<\/a>. According to the EEHC source, Al Nowais is expected to accept the lower tariff in exchange for certain \u201cbenefits,\u201d the nature of which he didn\u2019t specify.<\/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=\"630249\" 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=\"630249\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/\">\r\n                            Gov\u2019t makes final preparations before wheat harvest season                        <\/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\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/\" 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\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/')\">\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\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/\">\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 makes final preparations before wheat harvest season&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/\">\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\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/&title=Gov\u2019t makes final preparations before wheat harvest season\">\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+makes+final+preparations+before+wheat+harvest+season+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fgovt-makes-final-preparations-before-wheat-harvest-season%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\/16\/govt-makes-final-preparations-before-wheat-harvest-season\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630249\" class=\"content-area-description single-story post-630249 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.c52bba2f-9966-4029-aaeb-d2ec734dd7e1.mp3\"><\/audio><\/figure>\n<p>The government is making final preparations for the start of this wheat harvest season, which begins this week and runs until July, <a href=\"http:\/\/www.almalnews.com\/Story\/372558\/14\/%D8%A7%D9%86%D8%B7%D9%84%D8%A7%D9%82-%D9%85%D9%88%D8%B3%D9%85-%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-%D8%A7%D9%84%D9%82%D9%85%D8%AD-%D9%88%D9%86%D9%82%D8%A7%D8%B7-%D9%84%D8%AA%D8%AC%D9%85%D9%8A%D8%B9-%D8%A7%D9%84%D9%85%D8%AD%D8%B5%D9%88%D9%84-%D9%81%D9%8A-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A7%D8%AA\">Al Mal reports<\/a>. The Supply Ministry is readying logistics and silo networks across the country. This government <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/12\/cabinet-greenlights-egp-200-bn-sovereign-wealth-fund-farmers-arent-happy-with-wheat-prices\/\">set this year\u2019s prices<\/a> for purchasing local wheat at EGP 600 per ardib to the dismay of local farmers. The ministry is expecting to purchase over 4 mn tonnes of local wheat this year.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630250\" 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=\"630250\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/\">\r\n                            British, German summer bookings to Egypt through Thomas Cook up 40% y-o-y                        <\/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\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/\" 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\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/')\">\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\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/\">\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=British, German summer bookings to Egypt through Thomas Cook up 40% y-o-y&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/\">\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\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/&title=British, German summer bookings to Egypt through Thomas Cook up 40% y-o-y\">\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=British%2C+German+summer+bookings+to+Egypt+through+Thomas+Cook+up+40%25+y-o-y+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fbritish-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y%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\/16\/british-german-summer-bookings-to-egypt-through-thomas-cook-up-40-y-o-y\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630250\" class=\"content-area-description single-story post-630250 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\/.5c5e449b-4e58-4763-ba08-854553c5af1c.mp3\"><\/audio><\/figure>\n<p>Thomas Cook\u2019s summer bookings for Egypt from the UK and Germany are up 40% y-o-y, the company\u2019s agent, Blue Sky Chairman Moudy El Shaer <a href=\"http:\/\/www.almalnews.com\/Story\/372456\/15\/%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A940-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D9%81%D9%89-%D9%85%D8%A8%D9%8A%D8%B9%D8%A7%D8%AA-%D8%AA%D9%88%D9%85%D8%A7%D8%B3-%D9%83%D9%88%D9%83-%D9%84%D9%85%D8%B5%D8%B1-%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D9%84%D8%B5%D9%8A%D9%81\">tells Al Mal<\/a>. Tourism portal FVW <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/15\/egypt-among-top-summer-2018-destinations-for-german-tour-operators\/\">had previously announced<\/a> that Egypt is one of a few top Eastern Mediterranean destinations for the upcoming summer season among German tour operators. <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/04\/germans-top-the-list-of-tourist-arrivals-for-2017-followed-by-ukraine-and-saudi\/\">Germans topped the list of tourist arrivals<\/a> in 2017 with 1.23 mn tourists.<\/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=\"630251\" 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=\"630251\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\">\r\n                            Appeals court overturns 2016 ruling awarding Orange Egypt EGP 500 mn from Etisalat Misr                        <\/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\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\" 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\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/')\">\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\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\">\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=Appeals court overturns 2016 ruling awarding Orange Egypt EGP 500 mn from Etisalat Misr&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\">\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\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/&title=Appeals court overturns 2016 ruling awarding Orange Egypt EGP 500 mn from Etisalat Misr\">\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=Appeals+court+overturns+2016+ruling+awarding+Orange+Egypt+EGP+500+mn+from+Etisalat+Misr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fappeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr%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\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630251\" class=\"content-area-description single-story post-630251 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict 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\/.8dae2a1b-9db9-49a1-baa6-af78701dd1ed.mp3\"><\/audio><\/figure>\n<p>An appellate court <a href=\"https:\/\/alborsanews.com\/2018\/04\/15\/1098994\">has overturned<\/a> a 2016 ruling compelling Etisalat Misr to pay Orange Egypt EGP 500 mn in arbitration relating to a dispute over interconnection fees. The initial ruling, which had awarded Orange EGP 285.19 mn, in addition to fines and arbitration costs, did not take into consideration that the National Telecommunications Regulatory Authority had set the interconnection fees and that Etisalat had implemented the authority\u2019s decision.<\/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\/telecoms-ict\/\">Telecoms + ICT<\/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=\"630252\" 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=\"630252\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/\">\r\n                            L\u2019Or\u00e9al targets producing 80 mn packs of makeup in 2018                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=L\u2019Or\u00e9al targets producing 80 mn packs of makeup in 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/&title=L\u2019Or\u00e9al targets producing 80 mn packs of makeup in 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=L%E2%80%99Or%C3%A9al+targets+producing+80+mn+packs+of+makeup+in+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Floreal-targets-producing-80-mn-packs-of-makeup-in-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/loreal-targets-producing-80-mn-packs-of-makeup-in-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630252\" class=\"content-area-description single-story post-630252 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.6ea2e65a-3e58-464f-88d9-bf2b8fd7e5f3.mp3\"><\/audio><\/figure>\n<p>L\u2019Or\u00e9al Egypt is targeting producing 80 mn packs of makeup and other cosmetics for local distribution and exports to North Africa and the Middle East this year, up from 75 mn last year, country <a href=\"https:\/\/alborsanews.com\/2018\/04\/15\/1098487\">managing director Benoit Julia said<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630253\" 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=\"630253\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/court-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation\/\">\r\n                            Court clears Ahmed Ezz of final corruption case following reconciliation                        <\/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 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/court-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Court clears Ahmed Ezz of final corruption case following reconciliation&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/court-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation\/\">\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\/16\/court-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation\/&title=Court clears Ahmed Ezz of final corruption case following reconciliation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Court+clears+Ahmed+Ezz+of+final+corruption+case+following+reconciliation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fcourt-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation%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\/16\/court-clears-ahmed-ezz-of-final-corruption-case-following-reconciliation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630253\" class=\"content-area-description single-story post-630253 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\/.96fb7b4e-fdf5-42f3-a5ef-944c573ddb33.mp3\"><\/audio><\/figure>\n<p>A Cairo Criminal Court has cleared steel tycoon Ahmed Ezz of the final corruption case \u2014 the alleged squandering public funds from the Dekheila Steel company case, which saw Ezz and three others reach a <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/prosecutors-reach-egp-1-7-bn-settlement-agreement-with-ahmed-ezz\/\">EGP 1.7 bn settlement agreement<\/a> with the government, <a href=\"http:\/\/www.egyptindependent.com\/ahmed-ezz-cleared-final-corruption-case-financial-reconciliation\/\">Egypt Independent reports<\/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-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=\"630254\" 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=\"630254\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/\">\r\n                            Cassation Court upholds death sentence against 4 Ikhwanis for planning attacks                        <\/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\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/\" 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\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/')\">\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\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/\">\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=Cassation Court upholds death sentence against 4 Ikhwanis for planning attacks&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/\">\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\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/&title=Cassation Court upholds death sentence against 4 Ikhwanis for planning attacks\">\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=Cassation+Court+upholds+death+sentence+against+4+Ikhwanis+for+planning+attacks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fcassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks%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\/16\/cassation-court-upholds-death-sentence-against-4-ikhwanis-for-planning-attacks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630254\" class=\"content-area-description single-story post-630254 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\/.d3474135-6806-47e4-9733-301bad44559a.mp3\"><\/audio><\/figure>\n<p>The Court of Cassation, Egypt\u2019s highest appeals court, upheld yesterday the death sentence against four Ikhwan members for plotting attacks against security forces, the <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/04\/15\/world\/middleeast\/ap-ml-egypt-court.html?mtrref=www.nytimes.com\">Associated Press reports<\/a>. The court upheld 15-year imprisonment sentences for 14 other defendants on the same charges. The verdict is final.<\/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=\"630255\" 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=\"630255\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/\">\r\n                            Goalkeeper Ahmed El Shenawy bows out of World Cup due to ACL injury                        <\/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\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/\" 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\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/')\">\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\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/\">\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=Goalkeeper Ahmed El Shenawy bows out of World Cup due to ACL injury&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/\">\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\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/&title=Goalkeeper Ahmed El Shenawy bows out of World Cup due to ACL injury\">\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=Goalkeeper+Ahmed+El+Shenawy+bows+out+of+World+Cup+due+to+ACL+injury+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fgoalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury%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\/16\/goalkeeper-ahmed-el-shenawy-bows-out-of-world-cup-due-to-acl-injury\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630255\" class=\"content-area-description single-story post-630255 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1a60e85c-9008-4236-b324-802ba26f8016.mp3\"><\/audio><\/figure>\n<p>Zamalek football club goalkeeper Ahmed El Shenawy has sustained an anterior cruciate ligament injury and will not be able to play in the World Cup this year, the national team\u2019s doctor Mohamed Abu El Ela <a href=\"http:\/\/www.bbc.com\/sport\/football\/43771603\">tells the BBC<\/a>. \u201cEl Shenawy, 26, was a key part of Egypt head coach Hector Cuper\u2019s World Cup plans, and the news comes as a big blow to both the country and the player.\u201d El Shenawy\u2019s injury now clears the way for 46-year-old Essam El Hadary to be the national team\u2019s main goalkeeper at the championship.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630256\" 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=\"630256\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/sothebys-to-auction-200-pieces-of-islamic-empire-artwork\/\">\r\n                            Sotheby\u2019s to auction 200 pieces of Islamic empire artwork                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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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=Sotheby%E2%80%99s+to+auction+200+pieces+of+Islamic+empire+artwork+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F16%2Fsothebys-to-auction-200-pieces-of-islamic-empire-artwork%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\/16\/sothebys-to-auction-200-pieces-of-islamic-empire-artwork\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/663.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630257\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/sothebys-to-auction-200-pieces-of-islamic-empire-artwork\/663-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/663.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"663.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/663.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/663.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630256\" class=\"content-area-description single-story post-630256 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>More than 200 art pieces produced under multiple Islamic empires, including 14th-century Egypt, are being auctioned by New York firm Sotheby\u2019s<\/strong>, according to <a href=\"https:\/\/www.forbesmiddleeast.com\/en\/sothebys-auctions-over-200-islamic-art-pieces\/\">Forbes Middle East<\/a>. Among the pieces being sold is a Mamluk silver-inlaid cast brass bowl priced at USD 85,500-114,000. The exhibition kicks off on Friday as part of Orientalist and Middle Eastern week.<\/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=\"630260\" 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=\"630260\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/630260\/\">\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\/16\/630260\/\" 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\/16\/630260\/')\">\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\/16\/630260\/\">\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\/16\/630260\/\">\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\/16\/630260\/&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%2F16%2F630260%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\/16\/630260\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630260\" class=\"content-area-description single-story post-630260 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 17.63 | Sell 17.73<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 17,589 (-0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 991 mn (13% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +17.1%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session down 0.2%. CIB, the index heaviest constituent ended up 0.1%. EGX30\u2019s top performing constituents were Telecom Egypt up 4.1%, Amer Group up 2.7%, and Orascom Telecom Media & Technology up 2.6%. Yesterday\u2019s worst performing stocks were ACC down 2.8%, Egyptian Iron & Steel down 2.6%, and Pioneers Holding down 2.0%. The market turnover was EGP 991 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -484.6 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +237.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +246.8 mn<\/p>\n<p><strong>Retail<\/strong>: 52.4% of total trades | 60.6% of buyers | 44.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 47.6% of total trades | 39.4% of buyers | 55.8% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 30.9% of total | 15.8% of buyers | 46.1% of sellers<br \/>\n <strong>Regional:<\/strong> 18.1% of total | 25.5% of buyers | 10.6% of sellers<br \/>\n <strong>Domestic:<\/strong> 51.0% of total | 58.7% of buyers | 43.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 66.90 (-0.73%)<br \/>\n <strong>Brent:<\/strong> USD 71.99 (-0.81%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.74 MMBtu, (+0.33%, May 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,346.20 \/ troy ounce (-0.13%)<\/p>\n<p><strong>TASI:<\/strong> 7,972.51 (+1.90%) (YTD: +10.33%)<br \/>\n <strong>ADX:<\/strong> 4,699.43 (+1.00%) (YTD: +6.84%)<br \/>\n <strong>DFM:<\/strong> 3,150.93 (+1.83%) (YTD: -6.50%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 415.78 (+1.52%) (YTD: +3.58%)<br \/>\n <strong>QE:<\/strong> 8,891.89 (-0.30%) (YTD: +4.32%)<br \/>\n <strong>MSM:<\/strong> 4,776.55 (-0.27%) (YTD: -6.33%)<br \/>\n <strong>BB: <\/strong>1,292.47 (+0.08%) (YTD: -2.95%)<\/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=\"630261\" 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\/16\/630261\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630261\" class=\"content-area-description single-story post-630261 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>21 April (Saturday): The <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/%D8%AF%D8%B9%D9%88%D8%A9-%D8%AD%D8%B6%D9%88%D8%B1-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D9%84%D8%A7%D8%B9%D8%B6%D8%A7%D8%A1-%D8%A7%D9%84%D9%85%D8%AC%D9%84%D8%B3.pdf\">Egyptian-Sudanese Business Council<\/a> will hold its first meeting here in Egypt.<\/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":630224,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-630223","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7ad8eb43-1875-4ff0-aac1-e313c47f79ee","teaser":"","photo_url":"https:\/\/ent.news\/2017\/2\/428.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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