{"id":630697,"date":"2018-04-30T04:15:34","date_gmt":"2018-04-30T04:15:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=630697"},"modified":"2025-12-17T11:40:55","modified_gmt":"2025-12-17T11:40:55","slug":"no-term-limits-for-bank-mds-amer-says","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/no-term-limits-for-bank-mds-amer-says\/","title":{"rendered":"No term limits for bank MDs, Amer says"},"content":{"rendered":"<section id=\"630699\" 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=\"630699\">\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\/30\/what-were-tracking-on-30-april\/\">\r\n                            What we\u2019re tracking on 30 April                        <\/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\/30\/what-were-tracking-on-30-april\/\" 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 more on that in the Speed Round.<\/p><p>Second<strong>, the final draft of the executive regulations of the Capital Markets Act will be ready this week<\/strong>, said Financial Regulator Authority (FRA) Vice Chairman Khaled El Nashar, <a href=\"http:\/\/www.almalnews.com\/Story\/374161\/11\/%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AA%D8%B7%D8%B1%D8%AD-%D8%A7%D9%84%D9%85%D8%B3%D9%88%D8%AF%D8%A9-%D8%A7%D9%84%D9%86%D9%87%D8%A7%D8%A6%D9%8A%D8%A9-%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%A3%D8%B3%D8%A8%D9%88%D8%B9-%D8%A7%D9%84%D8%AD%D8%A7%D9%84%D9%8A%E2%80%8E\">according to Al Mal<\/a>. He gave no further detail on the forthcoming changes, but we\u2019re looking for frameworks that will regulate the launch of new financial instruments under the amended Capital Markets Act, <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/14\/house-passes-amendments-to-the-capital-markets-act\/\">which passed back in February<\/a>. Procedures for the issuance of <strong>sukuks<\/strong> will almost certainly be laid out in the executive regulations. Less clear is whether the FRA will introduce rules on <strong>short-selling<\/strong> or <strong>short-term bonds<\/strong>.<\/p><p><strong>Shares of CI Capital make their EGX debut this morning<\/strong>, opening at EGP 7.70. Jefferies and CI Capital were joint global coordinators and bookrunners. Norton Rose Fulbright was international counsel to the issuer, while White &amp; Case was counsel to the underwriters. Matouk Bassiouny was local counsel; Pharos Securities Brokerage and HC Brokerage acted as placements agents.<\/p><p><strong>Will we see a gas pipeline agreement with Cyprus this week?<\/strong> Cypriot President Nicos Anastasiades and his Greek counterpart, Prokopis Pavlopoulos, will arrive today in Egypt, ostensibly for the \u201cNostos The Return\u201d initiative, which brings together second and third generation immigrants from each others\u2019 countries, <a href=\"http:\/\/cyprus-mail.com\/2018\/04\/29\/anastasiades-off-egypt-launch-diaspora-return-progamme\/\">according to the Cyprus Mail<\/a>. But in light of all the energy cooperation talks we\u2019ve seen these past few weeks (or months, if you count the USD 15 bn Israel gas import agreement) we should expect to hear some progress on <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/12\/egypt-and-cyprus-likely-to-build-underwater-pipeline-to-move-gas-between-them\/\">a pipeline connecting Cyprus\u2019 Aphrodite field to Egypt\u2019s LNG facilities<\/a> as Egypt continues to emerge as the clear East Med natural gas export hub for Europe. <a href=\"http:\/\/cyprus-mail.com\/2018\/04\/29\/egypt-preparing-gas-rich-future\/\">The Cyprus Mail<\/a> also has a timeline of how the Oil Ministry has worked since 2013 to position Egypt as the regional hub.<\/p><p><strong>Oil Minister Tarek El Molla said as much in a talk on Sunday with the American Chambers of Commerce.<\/strong> Egypt aims to sign an agreement with Cyprus to connect the island\u2019s Aphrodite gas field with Egypt, El Molla said, <a href=\"https:\/\/af.reuters.com\/article\/investingNews\/idAFKBN1I00LX-OZABS\">according to Reuters<\/a>. \u201cWe intend to have a bid round in this area shortly,\u201d he added. The other kicker: <strong>Cypriot Energy Minister Giorgos Lakkotrypis is expected in Cairo during the trip<\/strong>.<\/p><p><strong>EU foreign policy chief Federica Mogherini is visiting Cairo today, <\/strong><a href=\"http:\/\/gate.ahram.org.eg\/News\/1901195.aspx\">Ahram Gate reports<\/a>. Mogherini is in town for a meeting of the Libya Quartet being hosted by the Arab League. Members of the quartet include the EU, the UN, the Arab League, and the African Union. Mogherini is expected to sign a number of <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/22\/egypt-eu-to-sign-cooperation-agreements-at-the-end-of-the-month-during-mogherini-visit\/\">cooperation agreements<\/a> with Egypt while in town.<\/p><p><strong>Ukrainian Foreign Minister Pavlo Klimkin\u2019s visit to Cairo continues today as the Ukraine is planning joint projects worth USD 280 mn, <\/strong>according to statements byUkrainian Minister of Economic Development Stepan Kubiv, <a href=\"https:\/\/economics.unian.info\/10099154-ukraine-to-deliver-first-trams-to-egypt-in-july-media.html\">UNIAN news agency reports<\/a>.<\/p><p><strong>KUDOS- Cairo American College entered two teams in this year\u2019s Injaz Egypt entrepreneur competition. <\/strong>The first team, called More and led by CEO Hashem Abdou, produced what they billed as a <a href=\"https:\/\/www.facebook.com\/itsmore.official\/\">stylish and innovative personalized laptop case with white board built in<\/a>. (If you\u2019ve been to our offices, you know we\u2019re suckers for white boards and tech gadgets, so color us interested\u2026) More took the grand prize as \u201cCompany of the Year\u201d and will represent Egypt at the Injaz regional competition in Kuwait next fall. The second team, called Nomad and led by CEO Riad Khawam, took home the prize for best marketing campaign.<\/p><p><strong>Among the global headlines worth your attention this morning:<\/strong><\/p><p><strong>The World Bank has a new chief economist, and she\u2019s an EM specialist <\/strong>from Yale whose work has focused largely on the effects of trade liberalization on developing economies. Pinelopi Goldberg is a Greek and US national. The <a href=\"https:\/\/www.ft.com\/content\/b41cbe94-49f8-11e8-8ae9-4b5ddcca99b3\">Financial Times<\/a> is applauding her appointment, her Yale Economics home page is still up <a href=\"https:\/\/economics.yale.edu\/people\/pinelopi-goldberg\">here if you\u2019d like to read her bio<\/a>, her <a href=\"http:\/\/www.econ.yale.edu\/~pg87\/\">CV and an outline of recent research is here<\/a>, or you can check out the <a href=\"http:\/\/www.worldbank.org\/en\/news\/press-release\/2018\/04\/26\/world-bank-group-president-appoints-pinelopi-koujianou-goldberg-as-chief-economist\">World Bank\u2019s press release<\/a> announcing her appointment.<\/p><p><strong>Heba Saleh has got Mo Salah on the brain. <\/strong>One of our favorite journalists writing about one of our favorite footballers. What could be better? Read: <a href=\"https:\/\/www.ft.com\/content\/119315c6-4a0f-11e8-8ae9-4b5ddcca99b3\">Mo Salah brings hope and pride back to weary Egyptians<\/a>. (See also our coverage today of the resolution of Salah\u2019s dispute with the Egyptian Football Association in Last Night\u2019s Talk Shows, below.)<\/p><p><strong>US wants Quartet to drop Qatar blockade: <\/strong>US Secretary of State Mike Pompeo has told Saudi officials in blunt terms that it\u2019s time to drop the blockade of Qatar, the <a href=\"https:\/\/www.nytimes.com\/2018\/04\/28\/world\/middleeast\/mike-pompeo-saudi-arabia-qatar-blockade.html\">New York Times<\/a> reports. The former CIA director made the demand while in the midst of a<a href=\"https:\/\/www.wsj.com\/articles\/pompeo-rails-against-iran-during-visit-to-saudi-arabia-1524998232\">swing through the Mideast<\/a> that some have positioned as a bid to further ringfence Iran.<\/p><p><strong>US mobile network operator T-Mobile has agreed to buy rival Sprint in a USD 26 bn transaction. <\/strong>Think of it as \u201cVodafone Egypt buys Orange Egypt\u201d and you\u2019ll understand why it\u2019s all over the front pages of US newspapers this morning. See <a href=\"https:\/\/www.reuters.com\/article\/us-sprint-corp-m-a-t-mobile-us\/t-mobile-agrees-to-acquire-sprint-idUSKBN1I00PH\">Reuters<\/a> and the <a href=\"https:\/\/www.wsj.com\/articles\/sprint-t-mobile-boards-vote-to-approve-all-stock-merger-1525017644\">Wall Street Journal<\/a> for more.<\/p><p><strong>Saudi Aramco has <\/strong><a href=\"https:\/\/www.wsj.com\/articles\/saudi-aramco-shakes-up-board-adds-first-female-director-1524996457\"><strong>appointed<\/strong><\/a><strong> its first female director. <\/strong>We\u2019d scoff, but it\u2019s not like we here in Omm El Donia are doing vastly better, CIB aside.<\/p><p><strong>Food for thought: Cold shipping is in hot demand as the world <\/strong>craves more fresh food, the <a href=\"https:\/\/www.wsj.com\/articles\/cold-shipping-in-hot-demand-as-the-world-craves-more-fresh-food-1525003200\">Wall Street Journal reports<\/a>. The paper writes that demand to ship food across the oceans in reefers that keep it fresh for more than a month is twice as high as it is for other products.<\/p><p><strong>PSA #1: Get your umbrellas ready? <\/strong>Parts of the nation\u2019s Mediterranean coast could see thunderstorms this week, and the <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/30\/%D8%AD%D8%A7%D9%84%D8%A9-%D8%A7%D9%84%D8%B7%D9%82%D8%B3-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%A7%D9%84%D8%A7%D8%AB%D9%86%D9%8A%D9%86-30-4-2018-%D9%81%D9%89-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D8%AF%D9%88%D9%84\/3771246\">national weather service<\/a> has extended the warning to Cairo, Sinai and the Delta. Our favorite weather app suggests Cairo faces a chance of rain Thursday through Sunday. Look for a high today of 38\u00b0C in Cairo and 31\u00b0C in Alexandria. Cabinet says it is on alert through Thursday as it aims to head off flooding if there is rain, it <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/climate-.aspx\">said in a statement<\/a>.<\/p><p><strong>PSA #2: It\u2019s a short work week. <\/strong>Tomorrow is a day off in observance of Labor Day. Banks and the stock exchange will be closed. We\u2019ll be off, too, and back in your inboxes on Wednesday.<\/p>\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=\"630700\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align 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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=\"630701\" 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=\"630701\">\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\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/on-the-horizon-56\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/on-the-horizon-56\/\" 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\/30\/on-the-horizon-56\/')\">\n                   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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/on-the-horizon-56\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fon-the-horizon-56%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\/30\/on-the-horizon-56\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630701\" class=\"content-area-description single-story post-630701 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>RIZ talks kick-off ahead of May contract signing: <\/strong>Russia\u2019s Deputy Industry and Trade Minister Georgy Kalamanov met with Suez Canal Economic Zone deputy head Abdel Qader Darwish in Cairo yesterday to begin the final round of talks on a Russian Industrial Zone (RIZ) in East Port Said, according to an SCZone <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=49225edd-6fb3-4eb9-8bc5-558fd7d3e629\">statement picked up by Al Shorouk<\/a>. Kalamanov <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/29\/contracts-for-the-russian-industrial-zone-to-be-signed-in-may\/\">said last week<\/a> that the contracts would be signed at the end of May. This could happen at the Egyptian-Russian Economic Committee summit, scheduled for the second half of May, which both countries\u2019 trade and industry ministers are expected to meet.<\/p>\n<p><strong>AmCham HR Day:<\/strong> If you\u2019re in the throes of HR challenges, take heart: You\u2019re not alone. Our friends at AmCham will be holding its fifth annual HR Day on Monday, 7 May. The event will discuss new ways of attracting talent, developing culture, implementing leadership practices and diversity and inclusion, in addition to raising questions on the value of a company\u2019s culture. <a href=\"https:\/\/www.amcham.org.eg\/OnlineRegistration\/newinv\/Register\/?evid=1140\">You can register for the event here<\/a>.<\/p>\n<p><strong>The Egyptian embassy in London will be hosting <\/strong><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/Press-Release-Made-in-Egypt-April-9th-2018-Final-4-18-2018-1.pdf\"><strong>a \u201cMade in Egypt\u201d event<\/strong><\/a><strong> on Tuesday, 8 May. <\/strong>The private viewing, reception and gala, held in partnership with the Egyptian-British Chamber of Commerce (EBCC), will exhibit the work of a selected number of Egypt\u2019s talented furniture, jewelry and accessory designers who represent the country\u2019s unique cultural heritage. The event is sponsored by our friends at CIB, SODIC, Edita, and EgyptAir as well as Palm Hills, Ramsco, and Mr. and Mrs. Samih Sawiris.<\/p>\n<p><strong>Uber \/ Careem appeal this Saturday:<\/strong> The Supreme Administrative Court is scheduled to hear on Saturday 5 May an appeal by Uber and Careem of a lower court decision that ordered the two companies to suspend operations. The Administrative Court has scheduled a separate hearing for 15 May. The two companies continue to operate under a Court of Urgent Matters ruling that stayed the initial suspension.<\/p>\n<p><strong>LEGISLATION WATCH- The Tenders and Auctions Act will go to a plenary session vote in May, <\/strong>House Planning Committee deputy, Yasser Omar, <a href=\"http:\/\/almalnews.com\/Story\/374086\/14\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B5%D9%88%D8%AA-%D8%B9%D9%84%D9%89-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D9%85%D8%B2%D8%A7%D9%8A%D8%AF%D8%A7%D8%AA-%D9%88%D8%A7%D9%84%D9%85%D9%86%D8%A7%D9%82%D8%B5%D8%A7%D8%AA---%D9%85%D8%A7%D9%8A%D9%88-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">tells Al Mal<\/a>. The committee has concluded its review of the bill, which was originally <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/21\/tenders-and-auctions-act-income-tax-amendments-to-go-to-plenary-session-in-april\/\">scheduled to be issued this month<\/a>, he said. <strong>Amendments to the Income Tax Code<\/strong> that would push the deadline for submitting supplementary documentation to tax returns are also up for discussion.<\/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\/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=\"630702\" 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=\"630702\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\">\r\n                            Mo Salah and the weather law on last night\u2019s talk shows                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Mo Salah and the weather law on last night\u2019s talk shows&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/&title=Mo Salah and the weather law on last night\u2019s talk shows\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Mo+Salah+and+the+weather+law+on+last+night%E2%80%99s+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fmo-salah-and-the-weather-law-on-last-nights-talk-shows%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/mo-salah-and-the-weather-law-on-last-nights-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630702\" class=\"content-area-description single-story post-630702 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The nation\u2019s talking heads had only a couple things on their collective mind last night<\/strong>: Mo Salah\u2019s dispute over image rights with mobile operator WE and the crazy weather spell that\u2019s expected to last through the week.<\/p>\n<p><strong>On the Mo Salah bit, the issue is this:<\/strong> He has an exclusive sponsorship agreement with Vodafone. That hasn\u2019t stopped state-owned mobile network WE from using his image\u2014reportedly without his permission.<\/p>\n<p><strong>The dispute between Salah and Egypt\u2019s Football Association (FA) over rights of use to his images for World Cup marketing will be resolved<\/strong>, Sports Minister Khaled Abdel Aziz <a href=\"https:\/\/twitter.com\/khAzizOfficial\/status\/990689501788999685\">promised in a tweet last night<\/a>. He told Kol Youm\u2019s Amr Adib that talks were ongoing with Salah\u2019s manager to understand the issue and their demands, which they are willing to fulfill (<a href=\"https:\/\/www.youtube.com\/watch?v=Yc3Q6PGsu50\">watch, runtime: 9:13<\/a>). Salah also <a href=\"https:\/\/twitter.com\/MoSalah\/status\/990705924921872385\">confirmed on Twitter<\/a> the issue was close to resolution, but had hours earlier tweeted that <a href=\"https:\/\/twitter.com\/MoSalah\/status\/990592896062631937\">he was \u201cinsulted\u201d<\/a> by how state-owned mobile operator WE used his picture without first seeking rights, nearly costing him EGP 100 mn in penalties payable to his sponsor Vodafone.<\/p>\n<p><strong>Liverpool also expressed its <\/strong><a href=\"https:\/\/www.facebook.com\/LiverpoolBD\/posts\/1644930422210250\"><strong>disdain in a release<\/strong><\/a><strong>, <\/strong>saying that Salah was in hot water with Vodafone after the FA \u201cput his picture on their plane next to a different phone sponsor than the one he has a contract with.\u201d Hona Al Asema\u2019s Lamees Al Hadidi (<a href=\"https:\/\/www.youtube.com\/watch?v=2TFSQZwY0R0&t=12s\">watch here, runtime: 2:09<\/a>, <a href=\"https:\/\/www.youtube.com\/watch?v=_Lvf1xJlXK8\">here, runtime: 4:51<\/a>, and <a href=\"https:\/\/www.youtube.com\/watch?v=pITOd8xWb6U\">here, runtime: 3:46<\/a>), Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=JzSZtdSkWAg\">watch, runtime: 7:14<\/a>), Al Hayah Al Youm\u2019s Khaled Abu Bakr (<a href=\"https:\/\/www.youtube.com\/watch?v=_vdB2THy1Dw\">watch here, runtime: 4:56<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=lyku5Z79K-8\">here, runtime: 2:58<\/a>), and Adib all joined Liverpool in defending Salah\u2019s position (<a href=\"https:\/\/www.youtube.com\/watch?v=UlqSHj3jzxE\">watch, runtime: 20:00<\/a>).<\/p>\n<p><strong>National weather service preparing law to punish those who traffic in \u201cfake\u201d weather news? <\/strong>The head of Egypt\u2019s Meteorological Authority (EMA) Ahmed Abdel Aal was all over the airwaves last night to discuss a <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=28042018&id=288cafd9-953c-41bb-aedb-1a75fee8c420\">draft law being prepared<\/a>that would make EMA the sole authority on weather forecasts in Egypt. The bill aims to penalize those who make unsanctioned weather predictions or spread false news about the weather. <strong>THERE ARE LITERALLY NO [REDACTED] WORDS.<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Cairo and the northern coasts can expect light rains, but Upper Egypt and the Red Sea coast should prepare for some showers, <\/strong>Abdel Aal reminded the hosts on Hona Al Asema (<a href=\"https:\/\/www.youtube.com\/watch?v=8JT9QU_l5ZI\">watch, runtime: 2:29<\/a>), Al Al Hayah Al Youm (<a href=\"https:\/\/www.youtube.com\/watch?v=OIqHTu3LA00\">watch, runtime: 10:28<\/a>), and Yahduth fi Misr (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/575884879456489\/\">watch, runtime: 3:33<\/a>). Cabinet Spokesperson Ashraf Sultan told Lamees (<a href=\"https:\/\/www.youtube.com\/watch?v=JJAHLXUPvC8\">watch, runtime: 5:19<\/a>) and Abu Bakr (<a href=\"https:\/\/www.youtube.com\/watch?v=cQGcb7G-enY\">watch, runtime: 4:36<\/a>) that the state was working on reinforcing infrastructure to handle weather changes. Meanwhile, Prime Minister Sherif Ismail reportedly accepted the resignation of the head of the Cabinet\u2019s Information and Decision Support Center (IDSC) in relation to last week\u2019s flash floods, <a href=\"https:\/\/www.youm7.com\/story\/2018\/4\/29\/%D9%85%D8%B5%D8%A7%D8%AF%D8%B1-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%88%D8%B2%D8%B1%D8%A7%D8%A1-%D9%8A%D9%82%D8%A8%D9%84-%D8%A7%D8%B3%D8%AA%D9%82%D8%A7%D9%84%D8%A9-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%B1%D9%83%D8%B2-%D8%A7%D9%84%D9%85%D8%B9%D9%84%D9%88%D9%85%D8%A7%D8%AA-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A3%D8%B2%D9%85%D8%A9\/3771562\">sources tell Youm 7<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630703\" 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=\"630703\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/\">\r\n                            Banking Act will not set term limits for managing directors -Amer                        <\/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\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/\" 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\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/')\">\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\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/\">\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=Banking Act will not set term limits for managing directors -Amer&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/\">\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\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/&title=Banking Act will not set term limits for managing directors -Amer\">\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=Banking+Act+will+not+set+term+limits+for+managing+directors+-Amer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fbanking-act-will-not-set-term-limits-for-managing-directors-amer%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\/30\/banking-act-will-not-set-term-limits-for-managing-directors-amer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630703\" class=\"content-area-description single-story post-630703 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>LEGISLATION WATCH- The amended Banking Act will not set term limits for bank managing directors,<\/strong> CBE Governor Tarek Amer reportedly said yesterday. \u201cWe will keep an eye on things in a different way,\u201d <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=96f6f90d-8469-4d63-a517-ebe9423ab6f9\">he told Al Shorouk<\/a>, without elaborating. The pending law \u2014 <strong>the latest draft of which the central bank\u2019s board is expected to review today,<\/strong> <a href=\"http:\/\/www.almalnews.com\/Story\/374197\/12\/-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A--%D9%8A%D9%86%D8%A7%D9%82%D8%B4-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF---%D8%BA%D8%AF%D9%8B%D8%A7\">according to Amer<\/a> \u2014 had stirred up controversy last year when an early draft appeared to show that the CBE would be given wider powers to set term limits and impose a 5% tithe on the profits of each bank. Everything in the law, which aims to set a better corporate governance framework for the banking system, has been kept under tight wraps apart from statements from Amer <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/28\/egypts-banking-laws-need-to-be-completely-revamped-says-amer\/\">calling for an overhaul to banking sector regulations<\/a>. He reportedly repeated those calls on Sunday when he spoke at the conference of the Union of Arab Banks You can see past coverage <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/24\/al-mal-leaks-amendments-to-banking-acts\/\">here<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/02\/banks-to-discuss-remaining-objections-on-cbe-and-banking-acts-in-mid-august-meeting\/\">here<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/10\/what-were-tracking-on-10-august-2017\/\">here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630717\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630718\" 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=\"630718\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/\">\r\n                            Egyptian artist Andrew Magdy tells stories with sand                        <\/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\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/\" 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\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/')\">\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\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian artist Andrew Magdy tells stories with sand&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/\">\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\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/&title=Egyptian artist Andrew Magdy tells stories with sand\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+artist+Andrew+Magdy+tells+stories+with+sand+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fegyptian-artist-andrew-magdy-tells-stories-with-sand%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\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/692.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630719\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egyptian-artist-andrew-magdy-tells-stories-with-sand\/692-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/692.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"692.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/692.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/692.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630718\" class=\"content-area-description single-story post-630718 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Andrew Magdy is a sand artist. <\/strong>Not only does he use sand to draw layered and detailed portraits, but the Egyptian-born artist holds live performances where he tells his audiences stories using images made out of dust. The former lawyer and self-taught artist <a href=\"https:\/\/www.egypttoday.com\/Article\/15\/48872\/Sand-Storytelling\">tells Egypt Today<\/a> that live drawing with sand is as complicated, challenging, and fulfilling as presenting legal cases and arguments in the courtroom.<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630720\" 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=\"630720\">\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\/30\/egypt-in-the-news-on-30-april\/\">\r\n                            Egypt in the News on 30 April                        <\/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\/30\/egypt-in-the-news-on-30-april\/\" 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\/30\/egypt-in-the-news-on-30-april\/')\">\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\/30\/egypt-in-the-news-on-30-april\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt in the News on 30 April&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egypt-in-the-news-on-30-april\/\">\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\/30\/egypt-in-the-news-on-30-april\/&title=Egypt in the News on 30 April\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+in+the+News+on+30+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fegypt-in-the-news-on-30-april%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\/30\/egypt-in-the-news-on-30-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630720\" class=\"content-area-description single-story post-630720 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s a slow news day for Egypt in the international press<\/strong>, with stories including a small, <a href=\"http:\/\/abcnews.go.com\/International\/wireStory\/fire-breaks-building-site-egyptian-museum-54811158\">quickly-contained fire (AP)<\/a> at the site of the new Egyptian Museum and the <a href=\"http:\/\/www.bbc.com\/news\/world-middle-east-43879170\">\u201ccomeback of curly hair in Egypt\u201d (BBC)<\/a> dueling for attention.<\/p>\n<p>Elsewhere:<\/p>\n<p><strong>Egypt is attracting the renewed interest of Irish exporters as Africa\u2019s second-largest economy, <\/strong><a href=\"https:\/\/www.independent.ie\/business\/world\/ancient-market-egypt-is-land-of-opportunity-for-irish-exporters-36854689.html\">the Independent reports<\/a>. Ireland's trading relationship with Egypt developed in the 1970s and 1980s with the export of cattle and beef, but much of this trade collapsed in the aftermath of the Arab Spring. Today, the devaluation of the Egyptian Pound and a steadily recovering economy have restored Irish interest.<\/p>\n<p><strong>There\u2019s \u201cplenty of good eating, dozing and Egypt\u2019s magnificent past to enjoy\u201d aboard a dahabiya Nile cruise<\/strong>, <a href=\"https:\/\/www.theguardian.com\/travel\/2018\/apr\/29\/sail-the-river-nile-egypt-in-style-cairo-luxor\">Ed Cumming reviews for The Guardian<\/a>. \u201cThere was hardly any Wi-Fi, nor much else to do bar read and talk. Four nights of nothing, like this, felt indulgent in a world of rushed weekend mini-breaks and frantic guidebook-chasing. The journey was the whole point. In the few moments we weren\u2019t eating, we lay on loungers and watched as the 10ft reeds and palm trees and wide fields of watermelons slid past. Calls to prayer drifted from unseen minarets on both sides of the river. In time the image of the landscape, that strip of lush green between water and desert, bores into you,\u201d Cumming writes.<\/p>\n<p><strong>Oil giant BP is expected to see a surge in profits on the back of projects in Egypt,<\/strong> North Sea, and Azerbaijan, <a href=\"http:\/\/www.cityam.com\/284876\/bp-expected-record-surge-first-quarter-profits-back-rising\">City A.M reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630721\" 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=\"630721\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/\">\r\n                            Ukraine marks Chernobyl disaster anniversary with new solar power plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ukraine marks Chernobyl disaster anniversary with new solar power plant&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/&title=Ukraine marks Chernobyl disaster anniversary with new solar power plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ukraine+marks+Chernobyl+disaster+anniversary+with+new+solar+power+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1626.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630722\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/ukraine-marks-chernobyl-disaster-anniversary-with-new-solar-power-plant\/1626-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1626.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1626.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1626.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1626.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630721\" class=\"content-area-description single-story post-630721 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>The site of the world's worst nuclear accident is now home to a solar power plant,<\/strong> <a href=\"http:\/\/www.bbc.com\/news\/video_and_audio\/must_see\/43929480\/solar-plant-built-at-site-of-chernobyl-nuclear-disaster\">BBC reports<\/a>. Marking the 32nd anniversary of the Chernobyl disaster, Ukraine\u2019s Evgeniy Variagin has built a small solar power plant alongside the old reactor, which exploded in April 1986, causing what is now considered the most disastrous nuclear power plant accident in history. \u201cWe want to bring back this territory to the people,\u201d says Variagin, noting that tens of thousands of people were evacuated from the area and a 30-km exclusion zone was set up around it. The project will use some of Chernobyl\u2019s old power grid and will be controlled remotely from Germany. The plant is small scale, \u201cbut Ukraine has ambitious plans for a much larger 1.2 GW Chernobyl solar plant,\u201d according to the report. (<a href=\"http:\/\/www.bbc.com\/news\/video_and_audio\/must_see\/43929480\/solar-plant-built-at-site-of-chernobyl-nuclear-disaster\">Watch, runtime: 02:52<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"630723\" 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=\"630723\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\">\r\n                            Sisi, Le Drian meet for Libya-focused talks                        <\/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\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\" 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\/30\/sisi-le-drian-meet-for-libya-focused-talks\/')\">\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\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\">\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=Sisi, Le Drian meet for Libya-focused talks&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\">\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\/30\/sisi-le-drian-meet-for-libya-focused-talks\/&title=Sisi, Le Drian meet for Libya-focused talks\">\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=Sisi%2C+Le+Drian+meet+for+Libya-focused+talks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fsisi-le-drian-meet-for-libya-focused-talks%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\/30\/sisi-le-drian-meet-for-libya-focused-talks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/449.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630724\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/sisi-le-drian-meet-for-libya-focused-talks\/449-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/449.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"449.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/449.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/449.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630723\" class=\"content-area-description single-story post-630723 post type-post status-publish format-standard has-post-thumbnail 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>Sisi, Le Drian meet for Libya-focused talks: <\/strong>President Abdel Fattah El Sisi and French Foreign Minister Jean-Yves Le Drian in Cairo sat down yesterday for a meeting that was largely focused on the issue in Libya, which saw them agree that the war-torn country should hold elections by year\u2019s end, according to an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/374506859735367\/?type=3\">Ittihadiya statement<\/a>. Syria and Palestine also came up during Le Drian\u2019s visit, which also <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1988951391176797\">saw him meet with<\/a> Foreign Minister Sameh Shoukry. While there\u2019s been <strong>little talk of business or investment,<\/strong> Le Drian did visit the construction site of the <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=2b473e4d-88c2-4fc5-9131-07a87e642b40\">Cairo Metro\u2019s Line 3<\/a>, which is being developed by French companies Vinci, Alstom, Thales, ETF, and SYSTRA. Le Drian <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=a3b0b166-c132-4027-aaa7-12fd08f497dc\">also visited<\/a> the Grand Egyptian Museum.<\/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\/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=\"630727\" 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=\"630727\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/\">\r\n                            OC, Elsewedy, Masdar, ACWA compete for EGP 3.5 bn solar park in West Nile                        <\/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\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/\" 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\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/')\">\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\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/\">\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=OC, Elsewedy, Masdar, ACWA compete for EGP 3.5 bn solar park in West Nile&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/\">\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\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/&title=OC, Elsewedy, Masdar, ACWA compete for EGP 3.5 bn solar park in West Nile\">\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=OC%2C+Elsewedy%2C+Masdar%2C+ACWA+compete+for+EGP+3.5+bn+solar+park+in+West+Nile+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Foc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile%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\/30\/oc-elsewedy-masdar-acwa-compete-for-egp-3-5-bn-solar-park-in-west-nile\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630727\" class=\"content-area-description single-story post-630727 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\/.2bfd8900-9d8f-4304-a711-8e80de217d6a.mp3\"><\/audio><\/figure>\n<p> It appears that 15 high profile renewable energy companies will be bidding on a tender next week to build and operate a EGP 3.5 bn 200 MW-capacity solar farm in the West Nile area, Electricity Ministry <a href=\"http:\/\/www.almalnews.com\/Story\/374190\/59\/15-%D8%B4%D8%B1%D9%83%D8%A9-%D8%AA%D8%AA%D9%86%D8%A7%D9%81%D8%B3-%D8%B9%D9%84%D9%89-%D9%85%D8%AD%D8%B7%D8%A9-%D8%B4%D9%85%D8%B3%D9%8A%D8%A9-%D8%BA%D8%B1%D8%A8-%D8%A7%D9%84%D9%86%D9%8A%D9%84\">sources tell Al Mal<\/a>. Leading the pack are a consortium made up of Elsewedy Electric and EDF, Orascom Construction, Scatec Solar, Masdar and ACWA Power. On a related note, the ministry appears to have postponed a tender to develop a EUR 200 mn wind farm in the West Nile area to the end of May from March. Sources say there are 13 companies that will be contending for the contract.<\/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\/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=\"630730\" 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=\"630730\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/\">\r\n                            Private sector role in wheat storage remains limited this season                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Private sector role in wheat storage remains limited this season&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/&title=Private sector role in wheat storage remains limited this season\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Private+sector+role+in+wheat+storage+remains+limited+this+season+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fprivate-sector-role-in-wheat-storage-remains-limited-this-season%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/private-sector-role-in-wheat-storage-remains-limited-this-season\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630730\" class=\"content-area-description single-story post-630730 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\/.d689312d-e06d-442e-ac70-846ffc8363ac.mp3\"><\/audio><\/figure>\n<p>The private sector\u2019s role in wheat storage will continue to be limited to emergencies only this season, a Supply Ministry source <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=1aa536b6-9c36-4f16-82f6-7b4f6e313d35\">tells Al Shorouk<\/a>. Private silos will only be used if a governorate\u2019s silos are maxed out, and even then, government employees will take over management of the private silos, the source adds. The government had taken the <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/15\/supply-ministry-limits-private-sectors-role-in-wheat-storage\/\">same measures<\/a> during last year\u2019s wheat harvest season.<\/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\/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=\"630732\" 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=\"630732\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/\">\r\n                            El Nozha looking to open EGP 220 mn hospital in Fifth Settlement                        <\/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\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/\" 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\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/')\">\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\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Nozha looking to open EGP 220 mn hospital in Fifth Settlement&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/\">\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\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/&title=El Nozha looking to open EGP 220 mn hospital in Fifth Settlement\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Nozha+looking+to+open+EGP+220+mn+hospital+in+Fifth+Settlement+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fel-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement%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\/30\/el-nozha-looking-to-open-egp-220-mn-hospital-in-fifth-settlement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630732\" class=\"content-area-description single-story post-630732 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.9e0e81eb-637a-40ea-9807-ce9b9c0d56a7.mp3\"><\/audio><\/figure>\n<p>El Nozha International Hospital is looking to open a new EGP 220 mn hospital in the Fifth Settlement district of New Cairo, <a href=\"http:\/\/www.almalnews.com\/Story\/374170\/11\/%D8%A7%D9%84%D9%86%D8%B2%D9%87%D8%A9-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D9%85%D8%B3%D8%AA%D8%B4%D9%81%D9%89-%D9%81%D9%89-%D8%A7%D9%84%D8%AA%D8%AC%D9%85%D8%B9-%D8%A8%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-220-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AC%D9%86%D9%8A%D9%87\">according to Al Mal<\/a>. The hospital reportedly completed payment of the land and is looking to hire consultants to design the 90-bed facility. The hospital is expected to open in 2020, and would bring the company\u2019s total size to 230 beds. Cleopatra Hospitals had announced back in January its plans to acquire El Nozha, <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/31\/el-nozha-intl-bucking-acquisition-offer-from-cleopatra\/\">but subsequent reports<\/a> had indicated that El Nozha\u2019s board was bucking the acquisition offer.<\/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\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630733\" 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=\"630733\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/\">\r\n                            OCI sues Golden Pyramids Plaza and AAIB in bankruptcy court                        <\/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\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/\" 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\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/')\">\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\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/\">\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=OCI sues Golden Pyramids Plaza and AAIB in bankruptcy court&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/\">\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\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/&title=OCI sues Golden Pyramids Plaza and AAIB in bankruptcy court\">\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=OCI+sues+Golden+Pyramids+Plaza+and+AAIB+in+bankruptcy+court+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Foci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court%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\/30\/oci-sues-golden-pyramids-plaza-and-aaib-in-bankruptcy-court\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630733\" class=\"content-area-description single-story post-630733 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.04d8cdad-f9c7-4282-b917-539117467e32.mp3\"><\/audio><\/figure>\n<p>Orascom Construction Industries (OCI) has kicked up a notch its ongoing legal battle with Golden Pyramids Plaza, suing the company and the Arab African International Bank (AAIB) in an Economic Court. AAIB appears to have been roped into the wrangling since it apparently acted as financial guarantor for Golden Pyramids. OCI and Consolidated Contractors International c. EGP 305 mn in damages awarded by 2015 arbitration ruling. According to the <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/215996_1.pdf\">bourse filing issued by Golden Pyramids (pdf)<\/a>, the latest court battle will take place in bankruptcy court, which will hold its first hearing on the matter today.<\/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\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630734\" 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=\"630734\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\">\r\n                            NBE to explore commercial application of blockchain tech as part of R3 consortium                        <\/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\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\" 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\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/')\">\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\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\">\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=NBE to explore commercial application of blockchain tech as part of R3 consortium&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\">\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\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/&title=NBE to explore commercial application of blockchain tech as part of R3 consortium\">\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=NBE+to+explore+commercial+application+of+blockchain+tech+as+part+of+R3+consortium+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fnbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium%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\/30\/nbe-to-explore-commercial-application-of-blockchain-tech-as-part-of-r3-consortium\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630734\" class=\"content-area-description single-story post-630734 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.e4a2afd1-bbb5-4ff1-b8f6-47bbd9a5aa59.mp3\"><\/audio><\/figure>\n<p>The National Bank of Egypt (NBE) has joined the R3 Blockchain Consortium, which aims \u201cto explore commercial applications of blockchain technology,\u201d <a href=\"https:\/\/btcmanager.com\/national-bank-of-egypt-joins-200-financial-institutions-in-the-r3-blockchain-alliance\/\">according to BTC Manager<\/a>, which describes the move as a \u201cbid to encourage cryptocurrency and blockchain adoption in Egypt.\u201d NBE staff will be trained to work with R3\u2019s custom-developed software Corda.<\/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\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630735\" 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=\"630735\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/egypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola\/\">\r\n                            Egypt secures spot in Buenos Aires\u2019 Youth Olympics Futsal after defeating Angola                        <\/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\/30\/egypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola\/\" 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\/30\/egypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola\/')\">\n                   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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\/30\/egypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola\/&title=Egypt secures spot in Buenos Aires\u2019 Youth Olympics Futsal after defeating Angola\">\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+secures+spot+in+Buenos+Aires%E2%80%99+Youth+Olympics+Futsal+after+defeating+Angola+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fegypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola%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\/30\/egypt-secures-spot-in-buenos-aires-youth-olympics-futsal-after-defeating-angola\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630735\" class=\"content-area-description single-story post-630735 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.f0a82f38-649a-4b97-8475-e1e8a5137b02.mp3\"><\/audio><\/figure>\n<p>Egypt qualified for the Youth Olympics Futsal tournament scheduled for 7-18 October in Buenos Aires after defeating Angola 3-2 in Cairo yesterday, according to the <a href=\"http:\/\/www.cafonline.com\/en-US\/NewsCenter\/News\/NewsDetails?id=w861hw%2FAbem3CUak%2BI1Tqg%3D%3D\">Confederation of African Football (CAF)<\/a>. Egypt joins Iran, Iraq, Costa Rica, Cuba, Brazil, Solomon Islands, Russia, Italy, and Argentina for the final tournament.<\/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\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"630736\" 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=\"630736\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/\">\r\n                            Prosecutor General orders probe into fire at the Grand Egyptian Museum construction site                        <\/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\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/\" 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\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/')\">\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\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/\">\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=Prosecutor General orders probe into fire at the Grand Egyptian Museum construction site&url=https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/\">\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\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/&title=Prosecutor General orders probe into fire at the Grand Egyptian Museum construction site\">\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=Prosecutor+General+orders+probe+into+fire+at+the+Grand+Egyptian+Museum+construction+site+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F04%2F30%2Fprosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site%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\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/476.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"630737\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/prosecutor-general-orders-probe-into-fire-at-the-grand-egyptian-museum-construction-site\/476-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/476.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"476.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/476.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/4\/476.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630736\" class=\"content-area-description single-story post-630736 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam tag-on-your-way-out wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Prosecutor General Nabil Sadek ordered an investigation into the fire that broke out at the Grand Egyptian Museum (GEM) construction site yesterday,<\/strong> <a href=\"https:\/\/www.shorouknews.com\/news\/view.aspx?cdate=29042018&id=90b0e4af-9da6-4e0b-9679-ee82900480a8\">Al Shorouk reports<\/a>. There were no injuries and no damage to any artefacts, Orascom Construction <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/04\/Statement-Regarding-the-Grand-Egyptian-Museum.pdf\">confirmed in a statement<\/a>, saying the fire only affected scaffolding. The cause of the incident remains unclear, but sources told <a href=\"https:\/\/dbonfrdgauzmg.cloudfront.net\/news\/details\/1285921\">Al Masry Al Youm<\/a> that it may have been caused by welding sparks. The issue received some attention on the airwaves last night (<a href=\"https:\/\/www.youtube.com\/watch?v=gC_bII2TC8o\">watch here, runtime: 7:53<\/a>, <a href=\"https:\/\/www.youtube.com\/watch?v=GwN7ZcVOqys\">here, runtime: 5:16<\/a>, and <a href=\"https:\/\/www.youtube.com\/watch?v=3fw5JPV98UM\">here, runtime: 2:35<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-your-way-out\/\">ON YOUR WAY OUT<\/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=\"630738\" 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=\"630738\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/30\/630738\/\">\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\/30\/630738\/\" 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\/30\/630738\/')\">\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\/30\/630738\/\">\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\/30\/630738\/\">\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\/30\/630738\/&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%2F30%2F630738%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\/30\/630738\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630738\" class=\"content-area-description single-story post-630738 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.63 | Sell 17.73<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.61 | Sell 17.71<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.57 | Sell 17.67<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 18,304 (-0.3%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (4% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +21.9%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session down 0.3%. CIB, the index heaviest constituent ended down 1.3%. EGX30\u2019s top performing constituents were Telecom Egypt up 5.1%, Orascom Telecom Media & Technology up 4.7%, and TMG Holding up 2.8%. Today\u2019s worst performing stocks were Kima down 2.2%, SODIC down 2.0%, and Egyptian Iron & Steel down 1.6%. The market turnover was EGP 1.1 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -42.7 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -6.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +49.6 mn<\/p>\n<p><strong>Retail<\/strong>: 81.2% of total trades | 83.1% of buyers | 79.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 18.8% of total trades | 16.9% of buyers | 20.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 9.4% of total | 7.4% of buyers | 11.4% of sellers<br \/>\n <strong>Regional:<\/strong> 18.3% of total | 17.9% of buyers | 18.6% of sellers<br \/>\n <strong>Domestic:<\/strong> 72.3% of total | 74.6% of buyers | 70.0% of sellers<\/p>\n<hr class=\"grey-line\">\n<p><span style=\"color: #299a0b; font-weight: bold;\">***<br \/>\nPHAROS VIEW<\/span><\/p>\n<\/p>\n<p>xx<\/p>\n<p><p><span style=\"color: #299a0b; font-weight: bold;\">***<\/span><\/p>\n<hr class=\"grey-line\">\n<p><strong>WTI:<\/strong> USD 67.98 (-0.18%)<br \/>\n <strong>Brent:<\/strong> USD 74.35 (-0.39%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.77 MMBtu, (-0.11%, June 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,325.10 \/ troy ounce (+0.13%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 8,224.94 (-0.29%) (YTD: +13.82%)<br \/>\n <strong>ADX:<\/strong> 4,685.44 (-0.25%) (YTD: +6.53%)<br \/>\n <strong>DFM:<\/strong> 3,048.46 (+0.19%) (YTD: -9.54%)<br \/>\n <strong>KSE Premier Market:<\/strong> 4,774.69 (-0.74%)<br \/>\n <strong>QE:<\/strong> 9,140.19 (+0.57%) (YTD: -7.24%)<br \/>\n <strong>MSM:<\/strong> 4,734.42 (+0.25%) (YTD: -7.16%)<br \/>\n <strong>BB: <\/strong>1,262.78 (-0.02%) (YTD: -5.18%)<\/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\/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=\"630739\" 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\/30\/630739\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-630739\" class=\"content-area-description single-story post-630739 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>30 April (Monday): High Representative of the EU for Foreign Affairs and Security Policy and Vice President of the EU Commission Federica Mogherini visits Cairo.<\/p>\n<p>30 April (Monday): Cypriot President Nicos Anastasiades and Greek counterpart Prokopis Pavlopoulos visit Egypt.<\/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 for April released.<\/p>\n<p>4-6 May 2018 (Friday-Sunday): International Conference on Network Technology (ICNT 2018), venue TBD, Cairo.<\/p>\n<p>05-06 May (Saturday-Sunday): Inclusive Growth and Job Creation Conference, venue TBD, Cairo.<\/p>\n<p>07 May (Monday): American Chambers of Commerce (AmCham) will be holding its fifth annual HR Day at the Four Seasons Nile Plaza, Plaza Ballroom.<\/p>\n<p>08 May (Tuesday): The Egyptian embassy in London will be hosting a \u201cMade in Egypt\u201d gala exhibit event.<\/p>\n<p>07 May (Monday): International Data Corporation\u2019s CIO Summit, The Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>07-08 May (Monday-Tuesday): Fourth annual Egypt CSR Forum, 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): Euromoney Egypt Conference 2018, Cairo.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>24-25 September (Monday-Tuesday): Egypt Water Desalination Forum, 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): Intelligent Cities Exhibition & Conference 2018, 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): 22nd Cairo ICT, 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\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":630698,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-630697","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"92972e06-c79f-4a35-b545-81c92cc1d04c","teaser":"","photo_url":"https:\/\/ent.news\/2016\/12\/1008.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>No term limits for bank MDs, Amer says - 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\/no-term-limits-for-bank-mds-amer-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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