{"id":630441,"date":"2018-04-22T04:08:42","date_gmt":"2018-04-22T04:08:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=630441"},"modified":"2025-12-17T11:31:21","modified_gmt":"2025-12-17T11:31:21","slug":"egypt-eu-cozy-up-as-cairo-looks-to-cement-position-as-regional-energy-hub","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-eu-cozy-up-as-cairo-looks-to-cement-position-as-regional-energy-hub\/","title":{"rendered":"Egypt, EU cozy up as Cairo looks to cement position as regional energy hub"},"content":{"rendered":"<section id=\"630443\" 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=\"630443\">\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\/22\/what-were-tracking-on-22-april-2018\/\">\r\n                            What we\u2019re tracking on 22 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\/22\/what-were-tracking-on-22-april-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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We have the details on both visits in Speed Round, below.<\/p><p><strong>Finance Minister Amr El Garhy and Planning Minister Hala El Said will be discussing today the details of the state IPO program with the House Economic Committee<\/strong>, <a href=\"https:\/\/alborsanews.com\/2018\/04\/19\/1099981\">MP Medhat El Sherif said<\/a>. The committee is apparently looking to gain some clarity on the program\u2019s specifics, including the projected size of each listing and the planned use of the proceeds.<\/p><p><strong>Egypt appears is on trend with its recent decision to establish a sovereign wealth fund.<\/strong> Estimates seem to suggest that total assets managed by 78 global sovereign wealth funds could reach USD 15 tn \u201cas early as 2020,\u201d <a href=\"https:\/\/www.ft.com\/content\/1c127116-43ef-11e8-93cf-67ac3a6482fd\">the Financial Times says<\/a>. Total assets managed by global sovereign wealth funds grew 13% y-o-y in March 2018 to USD 7.45 tn, according to data from Preqin. \u201cA recovery in oil prices and strong gains for equity markets drove the increase in assets\u2026[The] scrutiny of these funds\u2019 policies and performance is only likely to grow.\u201d The Ismail Cabinet signed off <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/18\/egypts-sovereign-wealth-fund-to-be-established-within-six-months-says-el-said\/\">earlier this month<\/a> on legislation establishing a EGP 200 bn sovereign wealth fund, which should see the light in about six-months\u2019 time, once it receives Parliament\u2019s approval.<\/p><p><strong>Look for the prospect of a US-North Korea summit to dominate headlines this week<\/strong> after the <a href=\"http:\/\/english.yonhapnews.co.kr\/news\/2018\/04\/20\/0200000000AEN20180420010300315.html\">DPRK pledged<\/a> to stop nuclear weapons tests and missile launches effective yesterday. It also promised to shutdown a nuclear test center, but made clear it is hanging onto its existing weapons. The announcement is front page news in the <a href=\"https:\/\/www.wsj.com\/articles\/north-korea-suspends-nuclear-long-range-missile-tests-and-plans-to-close-nuclear-test-site-1524264301\">global business press<\/a>. No summit date has yet to be announced, and if you\u2019re a diplo-nerd, the <a href=\"https:\/\/www.washingtonpost.com\/news\/worldviews\/wp\/2018\/04\/20\/why-mongolia-hopes-to-host-a-trump-kim-jong-un-meeting\/?noredirect=on&amp;utm_term=.8a62241c621c\">Washington Post<\/a> has a good rundown on the five locations that could be tapped to host the sit-down, with the leading candidate apparently being the Mongolian capital, Ulaanbaatar.<\/p><p><strong>Brokers, beware: More buysiders are poaching staff to build or expand their own corporate access programs<\/strong> lest they run afoul of Mifid II, the <a href=\"https:\/\/www.ft.com\/content\/6c82c5ce-432c-11e8-93cf-67ac3a6482fd\">Financial Times<\/a> says, noting that fund managers are \u201cless inclined to pay for corporate access\u201d and that BlackRock, Fidelity and Schroders (\u201cthree of the biggest fund houses) and Norges Bank Investment Management (\u201cthe world\u2019s largest sovereign wealth fund\u201d) are all recruiting staff to their corporate access teams, while smaller investors have \u201cdecided they will no longer pay brokers for corporate access and will deal with companies themselves.\u201d<\/p><p><strong>Tech stocks will be back in the spotlight as the western trading week gets underway tomorrow after Apple shares shed 7% in two days <\/strong>on fears that its smartphone sales will fall short of consensus, the <a href=\"https:\/\/www.ft.com\/content\/6b5ddb3e-44da-11e8-803a-295c97e6fd0b\">Financial Times<\/a> reports. The jitters dragged the Dow down 0.9% on Friday and saw the Nasdaq off 1.3%, <a href=\"https:\/\/www.cnbc.com\/2018\/04\/20\/us-stock-futures-dow-data-earnings-tech-and-politics-on-the-agenda.html\">according to CNBC<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Do you secretly hate PowerPoint? Jeff Bezos does. <\/strong>That\u2019s why meetings at Amazon begin with \u201cwell-crafted, six-page memos that the whole room sits and reads\u201d before getting underway. <a href=\"http:\/\/www.businessinsider.com\/bezos-admits-amazon-has-the-weirdest-meeting-culture-2018-4\">Business Insider<\/a> has more on why PPTX files are banned at Amazon. Bezos dove into the topic during an <a href=\"http:\/\/www.bushcenter.org\/takeover\/sessions\/forum-leadership\/bezos-closing-conversation.html\">on-stage interview on Friday<\/a>.<\/p><p><strong>Season two of HBO\u2019s Westworld kicks off today in the United States. <\/strong>Here at home, you can catch it tomorrow (23 April) at 11pm CLT on OSN First HD. <a href=\"https:\/\/www.nytimes.com\/2018\/04\/18\/arts\/television\/westworld-season-2-review-hbo.html?hp&amp;action=click&amp;pgtype=Homepage&amp;clickSource=story-heading&amp;module=mini-moth&amp;region=top-stories-below&amp;WT.nav=top-stories-below\">The New York Times<\/a> has a critical look at what you can expect.<\/p><p><strong>It\u2019s not quite summer yet<\/strong>, at least where the weather is concerned. The <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/298080\/Egypt\/Politics-\/Summer-did-not-start-yet,-rain-expected-in-Egypt-M.aspx\">national weather service is warning<\/a> that dust storms and rain will continue to hit cities in the Delta and North Coast today and into tomorrow. The outlook for Cairo is a mix of sun and cloud today with a high of 27\u00b0C. Longer term, look for a chance of scattered showers on Wednesday and the possibility of scattered thunderstorms on Thursday, according to our favourite weather app.<\/p><p><strong>There are three weekends left before the start of Ramadan<\/strong>, which the head of the <a href=\"https:\/\/d2g42djnbwvv63.cloudfront.net\/news\/details\/1283466\">National Astronomy and Geophysics Research Institute says<\/a> will begin on Thursday, 17 May. Consider that \u201cTBC\u201d \u2014 day one of the holy month depends on the sighting of the moon on 15 or 16 May.<\/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=\"630444\" 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 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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-8uqwfdm\" data-v=\"4\" data-block-id=\"8uqwfdm\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8uqwfdm-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8uqwfdm-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   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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-gbjm9t5\" data-v=\"4\" data-block-id=\"gbjm9t5\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-gbjm9t5-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-gbjm9t5-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\" 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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=\"630445\" 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=\"630445\">\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\/22\/what-were-tracking-this-week-39\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/what-were-tracking-this-week-39\/\" 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\/22\/what-were-tracking-this-week-39\/')\">\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\/22\/what-were-tracking-this-week-39\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/what-were-tracking-this-week-39\/\">\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\/22\/what-were-tracking-this-week-39\/&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%2F22%2Fwhat-were-tracking-this-week-39%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\/22\/what-were-tracking-this-week-39\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630445\" class=\"content-area-description single-story post-630445 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>Pride Capital workshop on financing small merchants to run tomorrow:<\/strong> Pharos-affiliated Pride Capital, Egypt\u2019s first fintech-focused accelerator, is hosting a workshop titled \u201c<a href=\"https:\/\/www.eventbrite.com\/e\/financing-small-merchants-tickets-45060707790\"><strong>Financing Small Merchants<\/strong><\/a>\u201d tomorrow at the Greek Campus.<\/p>\n<p>Our friends at Renaissance Capital are holding <strong>their third annual Egypt Investor Conference<\/strong> in Cape Town on Tuesday and Wednesday.<\/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=\"630446\" 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=\"630446\">\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\/22\/on-the-horizon-51\/\">\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%2F22%2Fon-the-horizon-51%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\/22\/on-the-horizon-51\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630446\" class=\"content-area-description single-story post-630446 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>You can expect the French foreign minister in town before month\u2019s end. <\/strong>French President Emmanuel Macron has instructed Jean-Yves Le Drian to visit Egypt by the end of April, Macron told President Abdel Fattah El Sisi in a phone call yesterday, according to an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/371049536747766\/?type=3\">Ittihadiya statement<\/a>.<\/p>\n<p><strong>The International Monetary Fund and Central Bank of Egypt are co-hosting a high-level conference on economic growth and job creation in Egypt, <\/strong>according to an <a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2018\/04\/20\/imf-central-bank-of-egypt-and-egypt-to-host-inclusive-growth-and-job-creation-conference\">IMF press release<\/a>. Speakers at the 5-6 May event in Cairo will include Prime Minister Sherif Ismail and Finance Minister Amr El Garhy.<\/p>\n<p><strong>Uber, Careem appeal hearing postponed to 28 April: <\/strong>The Supreme Administrative Court has postponed to Saturday, 28 April a hearing on an appeal by Uber and Careem of <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/administrative-court-orders-shut-down-of-ride-hailing-apps-uber-and-careem-companies-plan-appeal\/\">a lower court decision<\/a> that ordered the two companies to suspend operations, <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/21\/%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D9%84%D9%8A%D8%A7-%D8%AA%D8%A4%D8%AC%D9%84-%D9%86%D8%B8%D8%B1-%D8%B7%D8%B9%D9%86-%D8%A3%D9%88%D8%A8%D8%B1-%D8%B9%D9%84%D9%89-%D8%AD%D9%83%D9%85-%D9%88%D9%82%D9%81-%D9%86%D8%B4%D8%A7%D8%B7%D9%87%D8%A7\/3756321\">Youm 7 reports<\/a>. Meanwhile, the Administrative Court (which we mistook for the Higher Administrative Court in <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/18\/what-were-tracking-on-18-april-2018\/\">previous coverage<\/a>) has scheduled a separate hearing for 15 May. The Court of Urgent Matters had suspended the initial ruling <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/10\/court-of-urgent-matters-shields-uber-and-careem-from-administrative-court-ruling\/\">earlier this month<\/a>, giving both companies legal breathing room to operate until a final ruling is reached.<\/p>\n<p><strong>The House Planning and Budgeting Committee is going to be busy. <\/strong>The committee will complete its review of the Auctions and Tenders Act by 24 April. The legislation would decentralize tender procedures and streamline the selection process for winning bids as well as set new quotas for domestic components and SME contractors. <strong>It then moves into headings on the 2018-19 state budget on 5 May<\/strong>,with sessions that include representatives from the ministries of finance, planning, education, health, and transport.<\/p>\n<p><strong>The Housing Committee is also expected to begin \u201cwithin days\u201d talks on amendments to the legislation governing rent control<\/strong>, MP Ismail Nasser Al Din <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21042018&id=9ef623a1-39eb-4b03-9294-dc21efe69fc0\">tells Al Shorouk<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630447\" 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=\"630447\">\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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/\">\r\n                            Healthcare regs could be out by week\u2019s end, Lamees and Amr call for middle-class protection                        <\/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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/\" 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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/')\">\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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/\">\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=Healthcare regs could be out by week\u2019s end, Lamees and Amr call for middle-class protection&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/\">\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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/&title=Healthcare regs could be out by week\u2019s end, Lamees and Amr call for middle-class protection\">\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=Healthcare+regs+could+be+out+by+week%E2%80%99s+end%2C+Lamees+and+Amr+call+for+middle-class+protection+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fhealthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection%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\/22\/healthcare-regs-could-be-out-by-weeks-end-lamees-and-amr-call-for-middle-class-protection\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630447\" class=\"content-area-description single-story post-630447 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A number of topics kept our nation\u2019s talking heads busy last night, <\/strong>including the regs for the Universal Healthcare Act, the IMF and World Bank Spring Meetings, and efforts to block the game known as \u201cblue whale\u201d from Egypt\u2019s internet.<\/p>\n<p><strong>The Ismail Cabinet is expected to sign off on the executive regulations to the Universal Healthcare Act by week\u2019s end, <\/strong>Health Minister Ahmed Rady told Lamees. The minister had said last week the Cabinet would complete its <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/19\/draft-of-universal-healthcare-act-regs-with-cabinet\/\">review of the regs<\/a> in two weeks\u2019 time. Rady told Lamees that the healthcare scheme will have covered the Suez Canal governorates and both parts of the Sinai in 2-2.5 years (<a href=\"https:\/\/www.youtube.com\/watch?v=fbfgSsCLecE\">watch, runtime: 10:00<\/a>). Adib, who seemed very impressed with the new system (<a href=\"https:\/\/www.youtube.com\/watch?v=EE0CIeToeDE\">watch, runtime: 1:00<\/a>), also spoke to Rady about the ministry\u2019s efforts to promote medical tourism (<a href=\"https:\/\/www.youtube.com\/watch?v=-gSoCEZ_k4c\">watch, runtime: 29: 32<\/a>).<\/p>\n<p><strong>Social protection measures for the middle-class were the order of the day,<\/strong> as both Lamees Al Hadidi and hubby Amr Adib used the IMF \/ World Bank spring meetings as an opportunity to repeat IMF boss Christine Lagarde\u2019s concerns on the erosion of the middle-class. On Hona Al Asema, Lamees said the government should unveil its new social protection plan before announcing any fuel subsidy cuts (<a href=\"https:\/\/www.youtube.com\/watch?v=ky79WsQl2_E\">watch, runtime: 4:21<\/a>); while on Kol Youm, Adib urged the government to double the amount allocated to the Takaful and Karama programs (<a href=\"https:\/\/www.youtube.com\/watch?v=_yliXnJAaKs\">watch, runtime: 3:47<\/a>).<\/p>\n<p><strong>Blue Whale \u2018suicide game\u2019 in spotlight: <\/strong>Public Prosecutor Nabil Sadek ordered the National Telecommunications Regulatory Authority (NTRA) to block access to websites that host the \u201cblue whale\u201d game, which has recently been linked to a number of <a href=\"https:\/\/english.alarabiya.net\/en\/variety\/2018\/04\/21\/Egyptian-girl-falls-for-Blue-Whale-game-claims-her-brother-and-mother-s-life.html\">suicide cases in Egypt<\/a> and abroad. IT expert Mostafa Abu Gamra said that efforts to block the game would be futile since it is not limited to a specific software or platform. (<a href=\"https:\/\/www.youtube.com\/watch?v=u-c3NGs6IJY\">watch here, runtime: 4:32<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=E6Om7wWwtzk\">here, runtime: 3:24<\/a>). Nevertheless, the NTRA said it would take all the steps necessary to block the game, <a href=\"http:\/\/almalnews.com\/Story\/373377\/17\/%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%AD%D9%88%D8%AA-%D8%A7%D9%84%D8%A3%D8%B2%D8%B1%D9%82-%D8%AA%D8%B5%D9%84-%D8%A7%D9%84%D9%86%D8%A7%D8%A6%D8%A8-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D9%88%D9%82%D8%B1%D8%A7%D8%B1-%D8%A8%D8%AD%D8%AC%D8%A8-%D8%A7%D9%84%D9%85%D9%88%D8%A7%D9%82%D8%B9-%D8%A7%D9%84%D8%AE%D8%B7%D9%8A%D8%B1%D8%A9\">Al Mal reports<\/a>.<\/p>\n<p>Meanwhile, <strong>Al Hayah Al Youm\u2019s Khaled Abu Bakr spoke to some people about social housing projects.<\/strong> We\u2019ll spare you the details (<a href=\"https:\/\/www.youtube.com\/watch?v=whL-BcgWVOU\">watch here, runtime: 1:58<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=lmXOp_4kwRM\">here, runtime: 2:34<\/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=\"630448\" 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=\"630448\">\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\/22\/egypt-and-world-bank-sign-usd-500-mn-education-reform-loan-as-spring-meetings-wrap-up-in-dc\/\">\r\n                            Egypt and World Bank sign USD 500 mn education reform loan as Spring Meetings wrap up in DC                        <\/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\/22\/egypt-and-world-bank-sign-usd-500-mn-education-reform-loan-as-spring-meetings-wrap-up-in-dc\/\" 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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In addition, more than 2 mn students will benefit from the new student assessment and examinations system,\u201d <a href=\"http:\/\/www.worldbank.org\/en\/news\/press-release\/2018\/04\/21\/world-bank-and-egypt-sign-us500-million-project-to-bring-learning-back-to-public-schools\">the WB said in a statement<\/a>.<\/p>\n<p><strong>The skills business is looking for: <\/strong>\u201cFostering skills such as critical thinking, managerial skills and working collaboratively, will usher in a new economy, where learning, innovation, and technology are front and center,\u201d said WB MENA Vice President Hafez Ghanem.<\/p>\n<p><strong>Background: <\/strong><a href=\"http:\/\/documents.worldbank.org\/curated\/en\/346091522415590465\/Egypt-Supporting-Egypt-Education-Reform-Project\">The new system<\/a> will be implemented as of the new academic year starting in September for kindergarten and students in the first years of primary and secondary education. It\u2019s expected to cost a total USD 2 bn when all is said and done. Education Minister Tarek Shawky <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/17\/egypt-could-ask-world-bank-for-larger-funding-package-for-educational-reform-minister-says-as-he-unveils-educational-reform-strategy\/\">had said last week<\/a> that President Abdel Fattah El Sisi had instructed government officials to open talks with the World Bank for a larger USD 1 bn funding package for the reform program. <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/17\/egypt-could-ask-world-bank-for-larger-funding-package-for-educational-reform-minister-says-as-he-unveils-educational-reform-strategy\/\">Read our Spotlight on the educational reform plan for a refresher<\/a>.<\/p>\n<p><strong>The agreement was signed on the sidelines of the World Bank and IMF Spring Meetings in Washington, DC,<\/strong> which wrapped up on Friday and saw Nasr, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a-21-4-18.aspx\">Finance Minister Amr El Garhy<\/a>, and <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/20\/%D8%B7%D8%A7%D8%B1%D9%82-%D8%B9%D8%A7%D9%85%D8%B1-%D9%88%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%8A%D8%B4%D8%A7%D8%B1%D9%83%D8%A7%D9%86-%D9%81%D9%89-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D9%8A%D9%86-%D8%A8%D8%B5%D9%86%D8%AF%D9%88%D9%82\/3755997\">CBE Governor Tarek Amer<\/a>meet with various state officials and leading figures from the international business community<\/p>\n<p><strong>IMF boss Christine Lagarde <\/strong><a href=\"http:\/\/www.almalnews.com\/Story\/373246\/15\/%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A-%D8%A7%D9%86%D8%AA%D8%B9%D8%A7%D8%B4%D8%A9-%D9%88%D8%A7%D8%B6%D8%AD%D8%A9-%D9%81%D9%89-%D8%A7%D9%84%D9%86%D9%85%D9%88-%D9%88%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D8%A8%D9%85%D8%B5%D8%B1\"><strong>showered Egypt with praise<\/strong><\/a>at the gatherings,commending the economic reforms of the last two years, among them the float of the EGP, rebuilding the country\u2019s FX reserves and expansion of the social safety net, which she said have already made an impact, as evident by the levels of increased investment in the country \u2014 both foreign and local. The reform program also received praise from <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/-%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD%D8%A7%D8%AA-%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF%D9%8A%D8%A9-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%B2%D8%A7%D8%AF%D8%AA-%D9%85%D9%86-%D9%82%D8%AF%D8%B1%D8%AA%D9%87%D8%A7-%D8%B9%D9%84%D9%89-%D8%AC%D8%B0%D8%A8-%D8%A7%D9%84%D9%85%D8%B2%D9%8A%D8%AF-%D9%85%D9%86-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%B4%D8%B1%D8%A9%D8%8C-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%85%D9%88%D8%B9%D8%A9-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%8A.aspx\">World Bank President Jim Yong Kim<\/a> and the IMF\u2019s Middle East & Central Asia Department <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/20\/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D9%85%D8%B5%D8%B1-%D9%88%D8%B5%D9%84%D8%AA-%D8%A5%D9%84%D9%89-%D9%85%D9%86%D8%AA%D8%B5%D9%81-%D9%85%D8%AF%D8%A9-%D8%A8%D8%B1%D9%86%D8%A7%D9%85%D8%AC-%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD-%D9%88%D8%A7%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/3755676\">Director Jihad Azour<\/a>.<\/p>\n<p><strong>Nasr and El Garhy also met with <\/strong><a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D8%A7%D9%84%D8%AF%D9%83%D8%AA%D9%88%D8%B1%D8%A9-%D8%B3%D8%AD%D8%B1-%D9%86%D8%B5%D8%B1-%D8%AA%D9%84%D8%AA%D9%82%D9%8A-%D9%85%D8%B9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%8A%D9%86-%D9%81%D9%8A-%D8%BA%D8%B1%D9%81%D8%A9-%D8%A7%D9%84%D8%AA%D8%AC%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A%D8%A9-%D8%A8%D9%88%D8%A7%D8%B4%D9%86%D8%B7%D9%86.aspx\"><strong>a number of US investors<\/strong><\/a><strong> to discuss ongoing reforms in Egypt. <\/strong>El Garhy sat down with executives from Merrill Lynch, officials from the Council of Foreign Relations, as well as representatives of rating agencies Moody\u2019s, S&P, and Fitch, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a-20-4-18.aspx\">according to a Finance Ministry release<\/a>, with whom he discussed the state IPO program, as well as plans to increase revenues from tax collections and gradually reduce the budget deficit and Egypt\u2019s sovereign debt as a percentage of GDP. <a href=\"https:\/\/mirasco.com\/\">Companies such as Mirasco<\/a> expressed interest in entering the Egyptian market.<\/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=\"630463\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630464\" 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=\"630464\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/russian-businesses-apparently-dont-see-much-economic-benefit-in-the-riz\/\">\r\n                            Russian businesses apparently don\u2019t see much economic benefit in the RIZ                        <\/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\/22\/russian-businesses-apparently-dont-see-much-economic-benefit-in-the-riz\/\" 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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Russia was \u201cdragged into\u201d signing on for the project for political, rather than economic purposes, and many business figures don\u2019t think that setting up projects in the RIZ is certain to yield significant returns, a Russian trade and industry official says. \u201cThis is just flag-waving. Russia\u2019s internal market alone devours anything we produce and is also profitable,\u201d according to the official. Egyptian officials also tell Al Monitor that Moscow and Cairo\u2019s ties are more grounded in a common political outlook than potential economic benefit, and the two see each other as \u201cpredictable\u201d partners.<\/p>\n<p><strong>Volatility in international markets such as Egypt, Saudi Arabia, and Nigeria have contributed to Procter & Gamble\u2019s \u201cweak\u201d sales growth last quarter<\/strong>, the <a href=\"https:\/\/www.wsj.com\/articles\/p-g-slogs-through-difficult-markets-for-sales-growth-1524138965?mod=searchresults&page=1&pos=6\">Wall Street Journal says<\/a>. The company is also one of several of the world\u2019s biggest consumer product makers that are facing difficulties in raising their prices in these markets, some of which are becoming less accepting of price increases, <a href=\"https:\/\/www.wsj.com\/articles\/big-brands-struggle-to-raise-prices-1524127782?mod=searchresults&page=1&pos=5\">according to the newspaper<\/a>.<\/p>\n<p>Otherwise worth noting in brief:<\/p>\n<ul>\n<li><strong>The Arab Quartet should end its boycott of Qatar<\/strong> since the ongoing spat is \u201canother crisis that the Middle East does not need,\u201d <a href=\"https:\/\/www.ft.com\/content\/57952eba-43d9-11e8-803a-295c97e6fd0b\">the FT suggests<\/a>.<\/li>\n<li><strong>Egypt is using xenophobia to discredit the Nubian minority\u2019s attempt at peaceful dissent<\/strong>, Amy Austin Holmes writes for <a href=\"https:\/\/www.washingtonpost.com\/news\/global-opinions\/wp\/2018\/04\/19\/what-egypts-racist-campaign-against-nubians-reveals-about-sissis-regime\/\">the Washington Post<\/a>.<\/li>\n<li><strong>The Egyptian Museum will display 300 artifacts from the Ptolemaic period for the first time<\/strong>, <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/04\/19\/world\/middleeast\/ap-ml-egypt-antiquities.html?mtrref=www.nytimes.com\">the AP reports<\/a>.<\/li>\n<li><strong>South Sudan\u2019s military chief died in Egypt on Friday<\/strong>, <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/04\/20\/world\/africa\/ap-af-south-sudan-military-chief.html\">the Associated Press reports<\/a>.<\/li>\n<\/ul>\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=\"630465\" 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=\"630465\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/\">\r\n                            The \u201ckiller virus\u201d of tuk-tuks spreads chaos in Egypt                        <\/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\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/\" 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\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/')\">\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\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The \u201ckiller virus\u201d of tuk-tuks spreads chaos in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/\">\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\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/&title=The \u201ckiller virus\u201d of tuk-tuks spreads chaos in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+%E2%80%9Ckiller+virus%E2%80%9D+of+tuk-tuks+spreads+chaos+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fthe-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt%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\/22\/the-killer-virus-of-tuk-tuks-spreads-chaos-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630465\" class=\"content-area-description single-story post-630465 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 \u201ckiller virus\u201d of tuk-tuks is bringing along a culture of chaos and a total collapse of order as it spreads into Egypt, <\/strong>Emad El Din Hussein <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=19042018&id=ecb7d29d-907a-43c6-aa29-1b958c2110ec\">writes for Al Shorouk<\/a>. He makes it clear that he is not criticizing tuk-tuk drivers, who he considers \u201cvictims,\u201d but condemns the \u201cconspirators\u201d who allowed the auto rickshaw to spread into the country in the first place, wreaking havoc and overflowing into the streets of major cities, despite being initially intended for remote villages. Tuk-tuks are unlicensed vehicle, and thus impossible to track or penalize, he adds.<\/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=\"630466\" 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=\"630466\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/\">\r\n                            Could eye drops replace glasses or contact lenses? Israeli researchers think so.                        <\/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\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/\" 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\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/')\">\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\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/\">\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=Could eye drops replace glasses or contact lenses? Israeli researchers think so.&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/\">\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\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/&title=Could eye drops replace glasses or contact lenses? Israeli researchers think so.\">\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=Could+eye+drops+replace+glasses+or+contact+lenses%3F+Israeli+researchers+think+so.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fcould-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so%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\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1717.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630467\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/could-eye-drops-replace-glasses-or-contact-lenses-israeli-researchers-think-so\/1717-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1717.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1717.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1717.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1717.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630466\" class=\"content-area-description single-story post-630466 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>Could eye drops replace glasses or contact lenses?<\/strong> A group of scientists at Bar-Ilan University have formulated eye drops that temporarily corrects eyesight by filling ridges on the surface of the cornea to adjust the trajectory of light passing through, according to the World Economic Forum. These \u201cnano drops\u201d are still in their early phases of testing and have yet to be tested on humans, but early results are \u201cpromising,\u201d according to the researchers (<a href=\"https:\/\/www.facebook.com\/worldeconomicforum\/videos\/10155288690006479\/?hc_ref=ARR3g6wunnfMdZt0ON6nSa1A8gPz9bWhjJ1dShO0GDNay7c92-ZzCLsLioFRT7ZPi6s\">watch, runtime: 0:55<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630468\" 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=\"630468\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/\">\r\n                            Egypt\u2019s exports rise 14% y-o-y in 1Q2018                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s exports rise 14% y-o-y in 1Q2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/&title=Egypt\u2019s exports rise 14% y-o-y in 1Q2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+exports+rise+14%25+y-o-y+in+1Q2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fegypts-exports-rise-14-y-o-y-in-1q2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/egypts-exports-rise-14-y-o-y-in-1q2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630468\" class=\"content-area-description single-story post-630468 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt\u2019s exports rose 14% y-o-y in 1Q2018<\/strong>, according to a <a href=\"https:\/\/www.facebook.com\/mift.media\/posts\/1658671244201670\">Trade and Industry Ministry statement<\/a>. Non-oil exports during the quarter reached USD 5.55 bn, according to the General Organization for Export and Import Control\u2019s reports for <a href=\"http:\/\/www.goeic.gov.eg\/ar\/news\/default\/view\/id\/299\">January<\/a>, <a href=\"http:\/\/www.goeic.gov.eg\/ar\/news\/default\/view\/id\/311\">February<\/a>, and <a href=\"http:\/\/www.goeic.gov.eg\/ar\/news\/default\/view\/id\/325\">March\u2019s<\/a> export figures. Meanwhile, Egypt\u2019s exports to the EU rose 21% y-o-y during 2017 to reach EUR 1.8 bn, <a href=\"https:\/\/www.facebook.com\/mift.media\/photos\/a.422829607785846.95704.422439257824881\/1659427410792720\/?type=3&theater\">according to the ministry<\/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=\"630472\" 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=\"630472\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\">\r\n                            EEHC to select winning bids in management, maintenance tender for Siemens plants in May                        <\/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\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\" 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\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/')\">\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\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\">\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 select winning bids in management, maintenance tender for Siemens plants in May&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\">\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\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/&title=EEHC to select winning bids in management, maintenance tender for Siemens plants in May\">\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+select+winning+bids+in+management%2C+maintenance+tender+for+Siemens+plants+in+May+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Feehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may%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\/22\/eehc-to-select-winning-bids-in-management-maintenance-tender-for-siemens-plants-in-may\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630472\" class=\"content-area-description single-story post-630472 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\/.4f042a13-c8a7-4853-8216-6b51c40f99d9.mp3\"><\/audio><\/figure>\n<p>The Egyptian Electricity Holding Company (EEHC) is expected to select the winning bid in the tender for the day-to-day management and maintenance of the three Siemens combined-cycle power plants next month, <a href=\"https:\/\/alborsanews.com\/2018\/04\/19\/1099963\">EEHC sources said<\/a>. The EEHC has shortlisted four out of seven companies and consortia, including Siemens, an Orascom-ADERA Energy consortium, an Elsewedy-EDF consortium, a STEAG GmbH-PGESCo consortium, a Triangle-GD France consortium, Korea\u2019s Doosan, and Japan\u2019s Mitsubishi. The sources did not disclose which four have been shortlisted. The three fully-commissioned plants are also expected to be inaugurated next month with a combined production output of 14.4 GW, as <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/18\/sisi-to-inaugurate-siemens-eur-6-bn-power-plants-next-month\/\">we noted last week<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630473\" 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=\"630473\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/\">\r\n                            MAF, Elsewedy sign agreement to construct Supply Ministry\u2019s logistics zones                        <\/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\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/\" 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\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/')\">\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\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/\">\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=MAF, Elsewedy sign agreement to construct Supply Ministry\u2019s logistics zones&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/\">\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\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/&title=MAF, Elsewedy sign agreement to construct Supply Ministry\u2019s logistics zones\">\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=MAF%2C+Elsewedy+sign+agreement+to+construct+Supply+Ministry%E2%80%99s+logistics+zones+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fmaf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones%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\/22\/maf-elsewedy-sign-agreement-to-construct-supply-ministrys-logistics-zones\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630473\" class=\"content-area-description single-story post-630473 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure 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\/.a3834fa0-9741-4561-97f9-53c594715aa0.mp3\"><\/audio><\/figure>\n<p>Majid Al Futtaim and Elsewedy Electric signed on Thursday an agreement with the Supply Ministry to establish several logistics zones, <a href=\"http:\/\/www.almalnews.com\/Story\/373110\/14\/%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A8%D9%8A%D9%86-%D8%A7%D9%84%D9%81%D8%B7%D9%8A%D9%85-%D9%88%D8%A7%D9%84%D8%B3%D9%88%D9%8A%D8%AF%D9%8A-%D9%84%D8%A5%D9%82%D8%A7%D9%85%D8%A9-%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D9%84%D9%88%D8%AC%D8%B3%D8%AA%D9%8A%D8%A9\">Al Mal reports<\/a>. No details were provided on the value of the agreement or the expected construction timeline. The zones are at the heart of the ministry\u2019s internal trade strategy, which Minister Ali El Moselhy <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/27\/el-moselhy-announces-logistics-focused-internal-trade-strategy-at-amcham-luncheon\/\">unveiled last year<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/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=\"630474\" 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=\"630474\">\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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/\">\r\n                            Supply Ministry extends meat supply agreement with Sudan\u2019s Al Ategahat                        <\/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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/\" 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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/')\">\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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Supply Ministry extends meat supply agreement with Sudan\u2019s Al Ategahat&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/\">\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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/&title=Supply Ministry extends meat supply agreement with Sudan\u2019s Al Ategahat\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Supply+Ministry+extends+meat+supply+agreement+with+Sudan%E2%80%99s+Al+Ategahat+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fsupply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat%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\/22\/supply-ministry-extends-meat-supply-agreement-with-sudans-al-ategahat\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630474\" class=\"content-area-description single-story post-630474 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\/.2f8f90b6-2767-4b60-9779-f5cdb501fc2e.mp3\"><\/audio><\/figure>\n<p>The Supply Ministry has decided to extend Egypt\u2019s meat supply agreement with Sudan\u2019s Al Ategahat until next year, <a href=\"http:\/\/www.almalnews.com\/Story\/373164\/14\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86--%D9%85%D8%AF-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%82%D8%AF-%D9%85%D8%B9-%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D9%84%D8%AD%D9%88%D9%85-%D8%A7%D9%84%D8%B3%D9%88%D8%AF%D8%A7%D9%86%D9%8A%D8%A9-%D8%AD%D8%AA%D9%89-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">Al Mal reports<\/a>. The Sudanese company will be supplying 225k live cattle. The cost of the agreement was not disclosed.<\/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=\"630476\" 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=\"630476\">\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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/\">\r\n                            TIME Hotels to open beach resort in Ras Sudr this year                        <\/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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/\" 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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/')\">\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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/\">\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=TIME Hotels to open beach resort in Ras Sudr this year&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/\">\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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/&title=TIME Hotels to open beach resort in Ras Sudr this year\">\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=TIME+Hotels+to+open+beach+resort+in+Ras+Sudr+this+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Ftime-hotels-to-open-beach-resort-in-ras-sudr-this-year%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\/22\/time-hotels-to-open-beach-resort-in-ras-sudr-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630476\" class=\"content-area-description single-story post-630476 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\/.b0041a8a-23a6-40b1-a694-a8bad1ae44df.mp3\"><\/audio><\/figure>\n<p>International hotelier TIME Hotels is planning to open a 56-room beach resort in Ras Sudr this year, CEO Mohamed Awadallah <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=21042018&id=2543f307-d2c5-473c-94e8-3bfa3c917d8f\">tells Al Shorouk<\/a>. The project comes as part of the company\u2019s regional expansion plans, which also sees it expanding in Dubai, Sharjah, and Saudi Arabia by 2020.<\/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=\"630478\" 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=\"630478\">\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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-from-etisalat-misr\/\">\r\n                            Orange Egypt to appeal overturned EGP 500 mn arbitration award 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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-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=Orange Egypt to appeal overturned EGP 500 mn arbitration award from Etisalat Misr&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-from-etisalat-misr\/&title=Orange Egypt to appeal overturned EGP 500 mn arbitration award 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=Orange+Egypt+to+appeal+overturned+EGP+500+mn+arbitration+award+from+Etisalat+Misr+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Forange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-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\/22\/orange-egypt-to-appeal-overturned-egp-500-mn-arbitration-award-from-etisalat-misr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630478\" class=\"content-area-description single-story post-630478 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\/.787f3610-25ff-4c97-8d0f-5dd64a2cdcab.mp3\"><\/audio><\/figure>\n<p>Orange Egypt is planning to file an appeal against a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/16\/appeals-court-overturns-2016-ruling-awarding-orange-egypt-egp-500-mn-from-etisalat-misr\/\">court ruling last week<\/a> that overturned an earlier verdict compelling Etisalat Misr to pay EGP 500 mn in arbitration, due to a dispute between the MNOs over interconnection fees, Deputy CEO Ashraf Halim <a href=\"http:\/\/www.almalnews.com\/Story\/373136\/17\/%D8%A3%D9%88%D8%B1%D9%86%D8%AC-%D8%AA%D8%AE%D8%B7%D8%B7-%D9%84%D8%AA%D8%BA%D8%B7%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A980-%D9%85%D9%86-%D8%A7%D9%84%D8%B3%D9%83%D8%A7%D9%86-%D8%A8%D8%AE%D8%AF%D9%85%D8%A7%D8%AA-4G-\">told Al Mal<\/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\/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=\"630479\" 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=\"630479\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/\">\r\n                            ENR taps Thales to install automated railway signaling system on Cairo-Alexandria rail line                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=ENR taps Thales to install automated railway signaling system on Cairo-Alexandria rail line&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/&title=ENR taps Thales to install automated railway signaling system on Cairo-Alexandria rail line\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=ENR+taps+Thales+to+install+automated+railway+signaling+system+on+Cairo-Alexandria+rail+line+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F22%2Fenr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/enr-taps-thales-to-install-automated-railway-signaling-system-on-cairo-alexandria-rail-line\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630479\" class=\"content-area-description single-story post-630479 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.9f60653e-d151-44b5-a913-01bec2b03cb5.mp3\"><\/audio><\/figure>\n<p>Egypt National Railways (ENR) has awarded France's Thales a contract to supply an automated railway signaling system for the 48 km Cairo-Banha stretch of the Cairo-Alexandria rail line, <a href=\"https:\/\/www.thalesgroup.com\/en\/worldwide\/transportation\/press-release\/egyptian-railways-rely-thales-double-number-trains-busiest-0\">Thales announced on Thursday<\/a>. The new system will allow trains to travel at 160 km\/hr, up from 120 km\/hr currently, and is expected to double current traffic volumes, according to the release. No details were provided on the value of the agreement.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630481\" 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=\"630481\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/2018-african-mountain-bike-championship-in-wadi-degla-concludes-today\/\">\r\n                            2018 African Mountain Bike Championship in Wadi Degla concludes today                        <\/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\/22\/2018-african-mountain-bike-championship-in-wadi-degla-concludes-today\/\" 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 Youth Ministry was a sponsor.<\/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=\"630483\" 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=\"630483\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/22\/630483\/\">\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\/22\/630483\/\" 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\/22\/630483\/')\">\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\/22\/630483\/\">\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\/22\/630483\/\">\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\/22\/630483\/&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%2F22%2F630483%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\/22\/630483\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630483\" class=\"content-area-description single-story post-630483 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 17.65 | Sell 17.75<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.63 | Sell 17.73<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 17,781 (+0.4%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.4 bn (22% BELOW \/ ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +18.4%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.4%. CIB, the index heaviest constituent ended up 1.1%. EGX30\u2019s top performing constituents were Egypt Aluminum up 5.8%, Qalaa Holdings up 3.4%, and Abu Qir Fertilizers up 2.4%. Thursday\u2019s worst performing stocks were Pioneers Holding down 6.6%, Amer Group down 2.6%, and Global Telecom down 2.3%. The market turnover was EGP 1.4 bn, and regional investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -67.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +122.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -55.1 mn<\/p>\n<p><strong>Retail<\/strong>: 67.8% of total trades | 67.6% of buyers | 68.0% of sellers<br \/>\n <strong>Institutions<\/strong>: 32.2% of total trades | 32.4% of buyers | 32.0% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 14.7% of total | 12.3% of buyers | 17.1% of sellers<br \/>\n <strong>Regional:<\/strong> 13.7% of total | 18.1% of buyers | 9.4% of sellers<br \/>\n <strong>Domestic:<\/strong> 71.6% of total | 69.6% of buyers | 73.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 68.40 (+0.10%)<br \/>\n <strong>Brent:<\/strong> USD 74.06 (+0.38%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.74 MMBtu, (+2.979%, May 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,338.30 \/ troy ounce (-0.78%)<\/p>\n<p><strong>TASI:<\/strong> 8,277.14 (+1.61%) (YTD: +14.54%)<br \/>\n <strong>ADX:<\/strong> 4,706.56 (+0.52%) (YTD: +7.01%)<br \/>\n <strong>DFM:<\/strong> 3,082.09 (-0.18%) (YTD: -8.55%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,773.19 (-0.09%)<br \/>\n <strong>QE:<\/strong> 9,196.62 (+1.56%) (YTD: +7.90%)<br \/>\n <strong>MSM:<\/strong> 4,759.65 (+0.16%) (YTD: -6.66%)<br \/>\n <strong>BB: <\/strong>1,301.40 (-0.04%) (YTD: -2.28%)<\/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=\"630484\" 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\/22\/630484\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630484\" class=\"content-area-description single-story post-630484 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>20-27 April (Friday-Friday): Seventh edition of <a href=\"http:\/\/www.elgounasquashopen.com\/worldseries.htm\">El Gouna International Squash Open<\/a>, El Gouna.<\/p>\n<p>23 April (Monday): Pride Capital\u2019s \u201c<a href=\"https:\/\/www.facebook.com\/events\/1848255228807510\/\">Financing Small Merchants<\/a>\u201d workshop, the Greek Campus, Cairo.<\/p>\n<p>24-25 April (Tuesday-Wednesday): Renaissance Capital\u2019s <a href=\"http:\/\/conference.rencap.com\/Calendar\/\">3rd Annual Egypt Investor Conference<\/a>, Cape Town, South Africa.<\/p>\n<p>25 April (Wednesday): Sinai Liberation Day, national holiday.<\/p>\n<p>30 April (Monday): EU foreign policy chief Federica Mogherini visits Cairo.<\/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>05-06 May (Saturday-Sunday): <a href=\"https:\/\/www.imf.org\/en\/News\/Articles\/2018\/04\/20\/imf-central-bank-of-egypt-and-egypt-to-host-inclusive-growth-and-job-creation-conference\">Inclusive Growth and Job Creation Conference<\/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>17 May (Thursday): Expected date for the start of Ramadan.<\/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>25-28 November (Sunday-Wednesday): <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":630442,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-630441","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"e7e0705f-c9e3-40a6-ba15-66c23cd915ee","teaser":"","photo_url":"https:\/\/ent.news\/2018\/2\/1652.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt, EU cozy up as Cairo looks to cement position as regional energy hub - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-eu-cozy-up-as-cairo-looks-to-cement-position-as-regional-energy-hub\/\" \/>\n<meta property=\"og:locale\" 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