{"id":631429,"date":"2018-03-19T03:57:20","date_gmt":"2018-03-19T03:57:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=631429"},"modified":"2025-12-17T12:08:30","modified_gmt":"2025-12-17T12:08:30","slug":"govt-unveils-ipo-program","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/","title":{"rendered":"Gov\u2019t unveils IPO Program"},"content":{"rendered":"<section id=\"631431\" 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=\"631431\">\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\/03\/19\/what-were-tracking-on-19-march-2018\/\">\r\n                            What we\u2019re tracking on 19 March 2018                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 19 March 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/&title=What we\u2019re tracking on 19 March 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+19+March+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fwhat-were-tracking-on-19-march-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-on-19-march-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631431\" class=\"content-area-description single-story post-631431 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Europe in the crosshairs for Finance Ministry\u2019s EUR-denominated bond roadshow.<\/strong> Finance Minister Amr El Garhy revealed hints at the destination of the roadshow for a planned EUR 1-1.5 bn bond issuance. The roadshow will include Switzerland, the UK, Italy and Germany, the minister reportedly <a href=\"http:\/\/www.almalnews.com\/Story\/369318\/14\/-%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%AC%D9%88%D9%84%D8%A9-%D8%AA%D8%B1%D9%88%D9%8A%D8%AC%D9%8A%D8%A9-%D9%84%D8%B3%D9%86%D8%AF%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D9%88%D8%B1%D9%88-%D9%81%D9%89-%D8%A5%D9%86%D8%AC%D9%84%D8%AA%D8%B1%D8%A7-%D9%88%D8%B3%D9%88%D9%8A%D8%B3%D8%B1%D8%A7-%D9%88%D8%A5%D9%8A%D8%B7%D8%A7%D9%84%D9%8A%D8%A7-%D9%88%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A7-\">told Al Mal on Sunday<\/a>. El Garhy explained the move by stating that Europe would be targeted as it is Egypt\u2019s biggest trading partner. Also likely in the cards are stops in Asia, where appetite was heavy for Egypt\u2019s most recent offering. The ministry has said it plans to make the bond offering \u2014 Egypt\u2019s first denominated in EUR \u2014 before the start of the next fiscal year on 1 July.<\/p><p>The news comes after <strong>C\u00f4te d\u2019Ivoire issued last Thursday a EUR 1.7 bn bond that became the largest euro-denominated issuance from an African sovereign<\/strong> since at least the start of this century, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-03-15\/ivory-coast-is-said-to-sell-africa-s-biggest-euro-currency-bond\">data from Bloomberg<\/a>. It was also the second-biggest transaction in the currency from emerging markets this year, after Romania\u2019s EUR 2 bn issuance in February.<\/p><p><strong>Sudanese President Omar Al Bashir arrives in Cairo today<\/strong> for talks with President Abdel Fattah El Sisi, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18032018&amp;id=d190a163-7954-4c50-b400-b37cf4a643a2\">Al Shorouk reports<\/a>.<\/p><p><strong>Egypt and East Med gas appear to be driving interest in listings on the LSE:<\/strong> Greece\u2019s Energean Oil &amp; Gas listed on the London Stock Exchange on Friday. The company raised USD 460 mn, which along with a credit facility signed earlier this month, will go towards the USD 1.6 bn development of its Israeli offshore gas fields Karish and Tanin, which have potential reserves of up to 2.4 tcf. \u201cEast Med has had a lot of activity. Investors saw an opportunity to participate in the only independent E&amp;P (exploration and production company) in the East Mediterranean, which is dominated by the majors,\u201d Energean Chief Executive Officer Mathios Rigas <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1QY1VT\">told Reuters in an interview<\/a>. The story is part of a string of announcements by companies traditionally averse to investments in Israel that followed the signing of the USD 15 bn gas import agreement between Egypt and Israel.<\/p><p><strong>Mohammed bin Salman will touch down in the US this morning for a two-plus week, coast-to-coast visit. <\/strong>The Saudi crown prince is expected to be welcomed by US Vice President Mike Pence and national security advisor H.R. McMaster, according to the UAE\u2019s The National, which has broken what it says is an <a href=\"https:\/\/www.thenational.ae\/world\/mena\/exclusive-saudi-crown-prince-to-meet-pence-and-mcmaster-tech-and-film-industry-in-us-1.713882\">exclusive look at MbS\u2019 agenda<\/a>. It includes a three-day stop in Washington, DC, before visits to Boston, Seattle, Los Angeles, Houston and Silicon Valley. MbS will meet with Trump tomorrow and is also expected to have sit-downs with Apple boss Tim Cook and Microsoft founder Bill Gates while in the US. The <a href=\"https:\/\/www.washingtonpost.com\/world\/national-security\/after-meetings-in-washington-saudi-crown-prince-will-focus-on-business\/2018\/03\/18\/91f39858-2930-11e8-bc72-077aa4dab9ef_story.html?utm_term=.40ff1d90a319\">Washington Post<\/a> has a good backgrounder. The New York Times, meanwhile, notes that in the run-up to the visit, the Trump administration has \u201c<a href=\"https:\/\/www.nytimes.com\/2018\/03\/18\/us\/politics\/trump-saudi-yemen.html\">implored Congress not to block military aid<\/a>\u201d to the kingdom, which the Wall Street Journal says comes as \u201c<a href=\"https:\/\/www.wsj.com\/articles\/in-a-saudi-war-room-generals-grapple-with-ways-to-protect-civilians-in-yemen-1521370801\">debate flares over US support for [Saudi\u2019s] deadly campaign<\/a>\u201d in Yemen.<\/p><p><strong>Look for wall-to-wall coverage of MbS\u2019 trip in Western media.<\/strong> The Times has already rolled out the welcome mat, with pieces on everything from \u201c<a href=\"https:\/\/www.nytimes.com\/2018\/03\/15\/technology\/saudi-arabia-hacks-cyberattacks.html?smprod=nytcore-ipad&amp;smid=nytcore-ipad-share\">a cyberattack in Saudi Arabia with a deadly goal<\/a>\u201d to the disappearance of Sheikh Mohammed Hussein Al Amoudi (\u201c<a href=\"https:\/\/www.nytimes.com\/2018\/03\/16\/business\/saudi-arabia-purge.html?smprod=nytcore-ipad&amp;smid=nytcore-ipad-share\">He owns much of Ethiopia. The Saudis won\u2019t say where they\u2019re hiding him<\/a>\u201d) and MbS\u2019 bid to <a href=\"https:\/\/www.nytimes.com\/2018\/03\/17\/world\/middleeast\/saudi-arabia-entertainment-economy.html\">create an entertainment industry from scratch<\/a>.<\/p><p><strong>Vladimir Putin has won another six years as Russian leader<\/strong>, the <a href=\"https:\/\/www.cnbc.com\/2018\/03\/18\/exit-poll-say-that-vladimir-putin-has-won-the-presidential-election-with-more-than-70-percent-of-the-vote.html\">Associated Press reports<\/a>, saying the Russian president \u201crolled to a crushing re-election victory Sunday.\u201d Moscow thanked the UK for helping Putin win the landslide victory, writes the <a href=\"https:\/\/www.ft.com\/content\/efab0a30-2ad4-11e8-a34a-7e7563b0b0f4\">Financial Times<\/a>.<\/p><p><strong>China\u2019s parliament is expected to name US-educated economist Yi Gang as the country\u2019s new central bank chief,<\/strong> <a href=\"https:\/\/www.ft.com\/content\/85f7d6ea-2ac5-11e8-9b4b-bc4b9f08f381\">the Financial Times (paywall)<\/a> reports. Yi, who has served as deputy governor of the People\u2019s Bank of China under Zhou Xiaochuan, is the candidate of continuity and his appointment should ensure Beijing continues to move aggressively to control risk in its financial system.<\/p><p>Meanwhile, <strong>value investors are \u201cset to reap benefits of steady emerging market growth,\u201d<\/strong> the FT\u2019s Steve Johnson writes. Earnings growth will be more muted across the EM board this year at 14% against a torrid 22% last year (which helped EM equities post their strongest showing last year since 2009), most analysts seem to believe. But UBS has revised its EM earnings growth estimate upward to nearly 19%, which would make \u201cdowntrodden value investors\u201d the biggest winners. Already this year, the MSCI EM Value Index has risen 7.2%, outpacing its Growth equivalent, which has advanced a more muted 4.8%, Johnson writes. (Value stocks, he notes, are \u201ctypically defined as those with a low price-to-book or price-to-earnings multiple.) <a href=\"https:\/\/www.ft.com\/content\/9b389e6a-2794-11e8-b27e-cc62a39d57a0\">You can read the full story 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\/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=\"631432\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-40zhvaf\" data-v=\"4\" data-block-id=\"40zhvaf\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-40zhvaf-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-40zhvaf-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-85bi2bt\" data-v=\"4\" data-block-id=\"85bi2bt\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-85bi2bt-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-85bi2bt-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-hb3dr1k\" data-v=\"4\" data-block-id=\"hb3dr1k\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-hb3dr1k-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-hb3dr1k-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-5ls69u7\" data-v=\"4\" data-block-id=\"5ls69u7\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5ls69u7-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5ls69u7-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-right\" class=\"svg-inline--fa fa-chevron-right\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M285.476 272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631433\" 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=\"631433\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-this-week-49\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-this-week-49\/\" 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\/03\/19\/what-were-tracking-this-week-49\/')\">\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\/03\/19\/what-were-tracking-this-week-49\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/what-were-tracking-this-week-49\/\">\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\/03\/19\/what-were-tracking-this-week-49\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fwhat-were-tracking-this-week-49%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\/03\/19\/what-were-tracking-this-week-49\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631433\" class=\"content-area-description single-story post-631433 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>It\u2019s Fed week: <\/strong>The US Federal Reserve\u2019s Federal Open Market Committee <a href=\"https:\/\/www.federalreserve.gov\/monetarypolicy\/fomccalendars.htm\">meets on Tuesday and Wednesday<\/a>, its first under new Fed boss Jerome Powell, who will make a statement on Wednesday. Analysts see that a rate hike is in the cards.<\/p>\n<p><strong>Egypt\u2019s first fintech-focused accelerator, the Pharos-affiliated Pride Capital, is hosting a workshop on Thursday titled \u201cA Bright Future for Blockchain in Capital Markets\u201d <\/strong>at the Greek Campus. The workshop will feature a discussion with EGX Chairman Mohamed Farid and Henerby Blockchain Consulting CEO Bobby Henerby. To register for a spot in the workshop, <a href=\"https:\/\/www.facebook.com\/pridecapitaleg\/app\/684336108254110\/\">tap here if you\u2019re on your mobile<\/a> and <a href=\"https:\/\/form.myjotform.com\/80754172943562\">click here if you\u2019re on a computer<\/a>. You can check out the workshop\u2019s <a href=\"https:\/\/www.facebook.com\/events\/2097515273805010\/\">Facebook page<\/a> for more information on the event or Pride Capital\u2019s <a href=\"https:\/\/www.linkedin.com\/company\/pride-capital-eg\/\">LinkedIn page<\/a> for more on the accelerator.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631434\" 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=\"631434\">\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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/\">\r\n                            State IPO program tops coverage on the airwaves                        <\/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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/\" 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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/')\">\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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=State IPO program tops coverage on the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/\">\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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/&title=State IPO program tops coverage on the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=State+IPO+program+tops+coverage+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fstate-ipo-program-tops-coverage-on-the-airwaves%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\/03\/19\/state-ipo-program-tops-coverage-on-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631434\" class=\"content-area-description single-story post-631434 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>With the unveiling of the state IPO program and the Ismail cabinet signing off on next year\u2019s budget<\/strong>, we finally have something to cut through the endless coverage of the elections. We have more in depth coverage of both of these topics in the Speed Round below.<\/p>\n<p><strong>First state IPO coming in two months? <\/strong>Finance Minister Amr El Garhy revealed that the first of the IPOs may be offered within a couple of months, in a phone in with Hona Al Asema\u2019s Lamees Al Hadidi. Exact dates have yet to be determined. El Garhy also spoke on the good health of the companies slated to list as part of the program (<a href=\"https:\/\/www.youtube.com\/watch?v=B-60q62VufQ\">watch, runtime: 8:18<\/a>). He added that the stakes in individual companies, which will range from 15-30%, will depend on the financial outlook of each of the 23 companies listed to take part in the program. He estimates the stake offers to bring in USD 5-6 bn in the coming 24 months (<a href=\"https:\/\/www.youtube.com\/watch?v=8geD7ch5WBk\">watch, runtime: 7:55<\/a>).<\/p>\n<p><strong>Oil Minister Tarek El Molla also phoned in to tell Lamees that the decision to list state oil firms came on the back of the \u201csuccesses\u201d in the oil sector <\/strong>during 2017, most notably the start of production on Zohr (<a href=\"https:\/\/www.youtube.com\/watch?v=ftfv6pmiBHk\">watch, runtime: 8:18<\/a>).<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib\u2019s praised the move as something that would break the chains of the state bureaucracy holding these companies down.<\/strong> Adib demanded further clarification from the government as to where the proceeds would be allocated in the budget, how the companies would be managed and what the guarantees are for foreign investors (<a href=\"https:\/\/www.youtube.com\/watch?v=WS2QZmjDTc0\">watch, runtime: 6:00<\/a>). Has he not heard of Enterprise?<\/p>\n<p><strong>As for the newly approved FY2018-19 state budget<\/strong>, El Garhy tells Lamees that revenues in the budget have been set at EGP 980 bn with expenses exceeding EGP 1.4 tn, with a budget deficit running at 8.4% of the GDP (<a href=\"https:\/\/www.youtube.com\/watch?v=8geD7ch5WBk\">watch, runtime: 7:55<\/a>). Deputy Finance Minister Mohamed Maait told Al Hayah Al Youm\u2019s Khaled Abu Bakr that the government is targeting a GDP growth rate 5.8% (<a href=\"https:\/\/www.youtube.com\/watch?v=v4ayOJ7aXKM\">watch, runtime: 14:41<\/a>).<\/p>\n<p><strong>The Ismail cabinet also approved legislation allowing the government to revoke Egyptian citizenship for those convicted of belonging to a terrorist group<\/strong>. On Masaa DMC, constitutional expert Salah Fawzy assured that the legislation was constitutional despite the controversy and debate around it. He said that in case a person becomes stateless after their Egyptian nationality is withdrawn, they will still have the right to remain in the country but will be deprived from their rights as citizens (<a href=\"https:\/\/www.youtube.com\/watch?v=_WOAix4RHqY\">watch, runtime: 8:43<\/a>).<\/p>\n<p>The rest of the night was all coverage from the polls abroad.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631435\" 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=\"631435\">\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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/\">\r\n                            Gov\u2019t unveils the lineup for the state IPO program                        <\/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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/\" 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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/')\">\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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t unveils the lineup for the state IPO program&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/\">\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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/&title=Gov\u2019t unveils the lineup for the state IPO program\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+unveils+the+lineup+for+the+state+IPO+program+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fgovt-unveils-the-lineup-for-the-state-ipo-program%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\/03\/19\/govt-unveils-the-lineup-for-the-state-ipo-program\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631435\" class=\"content-area-description single-story post-631435 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>IPO WATCH- Gov\u2019t unveils the lineup for the state IPO program:<\/strong> The Finance Ministry announced on the Sunday the official lineup of 23 state-owned companies which will IPO or list additional shares on the EGX. Ten of the companies in the program are already listed, noted <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/press.aspx\">a statement from the Ismail cabinet<\/a>, so look in each of those cases at a sale through an accelerated book-building process as the most likely scenario.<\/p>\n<p><strong>For the most part, the state will offer for sale 15-30% of each of the companies<\/strong>, the Finance Ministry <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Press\/Pages\/news-a-18-3-18.aspx\">said in a statement<\/a>. The cumulative value of the listings, which will take place over the coming 24-30 months, is expected to reach EGP 80 bn and would raise their collective market capitalization to EGP 450 bn, the ministry added.<\/p>\n<p><strong>Finance Minister Amr El Garhy said on Sunday that the first stake sale would take place within two to three months<\/strong>, without specifying which company, <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFL8N1R021A\">according to Reuters<\/a>. It had been reported a number of times that state energy firm Enppi would be the pilot IPO of the program. As <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/01\/banque-du-caire-ipo-will-not-take-place-before-4q2018\/\">we noted earlier this month<\/a>, the IPO of Banque du Caire \u2014 the first state bank to list \u2014 won\u2019t take place before 4Q2018. The statement notes that the program has received the approval of President Abdel Fattah El Sisi.<\/p>\n<p>Companies named on the list are:<\/p>\n<ul>\n<li><strong>Banking and Finance:<\/strong> Banque du Caire | Misr Insurance | Bank of Alexandria | Housing and Development Bank | E-Finance.<\/li>\n<li><strong>Oil and Gas:<\/strong> Enppi | Middle East Oil Refinery (MIDOR) | Alexandria Mineral Oils (AMOC) | Assiut Oil Refining Company (ASORC) | Egyptian Drilling Company.<\/li>\n<li><strong>Petrochemicals: <\/strong>Sidi Kerir Petrochemicals (Sidpec) | the Egyptian Ethylene and Derivatives Company (Ethydco) | Abu Qir Fertilizers | Egyptian Methanex Methanol Company (EMethanex) | Egyptian Linear Alkyl Benzene Company (ELAB) | El Wadi Phosphate Company.<\/li>\n<li><strong>Transportation and Logistics:<\/strong> Alex Container and Cargo Handling | Port Said Container & Cargo Handling | Damietta Container & Cargo Handling.<\/li>\n<li><strong>Industry: <\/strong>Egyptalum.<\/li>\n<li><strong>Real Estate:<\/strong> Heliopolis Housing & Development | Madinat Nasr Housing and Development (MNHD).<\/li>\n<li><strong>Consumer goods:<\/strong> Eastern Company. <\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"631448\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631449\" 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=\"631449\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/\">\r\n                            Why have IMF bailouts in Africa led to small improvements in credit-worthiness?                        <\/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\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/\" 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\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/')\">\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\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/\">\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=Why have IMF bailouts in Africa led to small improvements in credit-worthiness?&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/\">\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\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/&title=Why have IMF bailouts in Africa led to small improvements in credit-worthiness?\">\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=Why+have+IMF+bailouts+in+Africa+led+to+small+improvements+in+credit-worthiness%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fwhy-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness%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\/03\/19\/why-have-imf-bailouts-in-africa-led-to-small-improvements-in-credit-worthiness\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631449\" class=\"content-area-description single-story post-631449 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Why have IMF bailouts in Africa led to small improvements in credit-worthiness?<\/strong> In 2017, nine out of 21 Fitch-rated African sovereigns were under disbursing financial arrangements with the IMF. And while these programs have led to improvements in credit worthiness by bridging their financing gaps, these have been relatively few, <a href=\"https:\/\/www.ft.com\/content\/a279ecd6-2908-11e8-b27e-cc62a39d57a0\">according to the Financial Times<\/a>. These come down to several factors, including the interventions often \u201ccrowding-in\u201d other creditors and also serve to avert capital outflows by domestic agents, through the so-called \u201ccatalytic effect.\u201d In some cases the size of IMF support can be revised upwards in response to specific shocks while the programme is still under implementation. In other cases, failure to meet the milestones of IMF programs has led to downgrades, such as with Mozambique in 2016. Under certain circumstances, IMF programs could also negatively affect perceived creditworthiness. This is typically the case if the fund requires a \u201cbail-in\u201d \u2014 if a sovereign debt is deemed unsustainable under the IMF\u2019s debt sustainability analysis, the legal framework of the fund prevents it from providing financial assistance unless the issue is addressed. Addressing the question itself comes with its own problems of analysis. <strong>Pinpointing the extent of the IMF program\u2019s influence on improved credit-worthiness is difficult<\/strong>, and the long term analysis is hard to gauge.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631450\" 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=\"631450\">\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\">Spotlight<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/\">\r\n                            Wrap-up of AmCham\u2019s Doorknock in Washington, DC                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/')\">\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\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/\">\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=Wrap-up of AmCham\u2019s Doorknock in Washington, DC&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/\">\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\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/&title=Wrap-up of AmCham\u2019s Doorknock in Washington, DC\">\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=Wrap-up+of+AmCham%E2%80%99s+Doorknock+in+Washington%2C+DC+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fwrap-up-of-amchams-doorknock-in-washington-dc%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\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/CapitolHill-1600px.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"631451\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/wrap-up-of-amchams-doorknock-in-washington-dc\/capitolhill-1600px-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/CapitolHill-1600px.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"CapitolHill-1600px.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/CapitolHill-1600px.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/CapitolHill-1600px.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631450\" class=\"content-area-description single-story post-631450 post type-post status-publish format-standard has-post-thumbnail hentry category-spotlight tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>US trade delegation reportedly inbound after AmCham wraps 40th Doorknock in Washington, DC:<\/strong> AmCham wrapped up its fortieth annual Doorknock mission to Washington, DC, last week on what its leadership called a \u201chigh note,\u201d with plans for a 50-company US trade delegation to make a return visit to Cairo in October.<\/p>\n<p><strong>\u201cEveryone here commended the economic reform program and recognized the effort that was needed to make such difficult and bold decisions,\u201d<\/strong> AmCham President Tarek Tawfik told reporters in Washington as the week came to an end. \u201cThere\u2019s also a lot of appreciation to the military\u2019s undertakings in the Sinai to combat terrorism and make the country more stable and secure.\u201d<\/p>\n<p><strong>The delegation met with a \u2018Who\u2019s Who\u201d of Washington, holding a total of 89 meetings<\/strong> between March 12 and 16, including 53 meetings meetings on the Hill: 33 of them with members of Congress, 15 with staffers, four with staff leadership, and one with the congressional research center. The group also held nine meetings with members of the executive branch, five meetings with international financial institutions, 16 with think tanks, and two meetings with influential figures, including the New York Times journalist Thomas Friedman.<\/p>\n<p><strong>Egypt\u2019s (former?) ties to North Korea are among a basket of \u201cthorny issues\u201d that Tawfik says the two sides are working to address.<\/strong> \u201cI don\u2019t think North Korea will be as pressing an issue,\u201d he suggests. We also need to better communicate our economic and other achievements in Washington and in Europe, Tawfik added, as the focus on the human rights and freedoms file remains very real.<\/p>\n<p><strong>Our warming ties with Israel are improving Cairo\u2019s image in DC<\/strong>, with a USD 15 bn agreement to import natural gas from Israel and position Egypt as an energy export hub being key.<\/p>\n<p><strong>AmCham continues to push for a freetrade agreement with the US<\/strong> and the delegation made the point in Washington that Europe is pushing for a deeper, more comprehensive agreement that risks leaving US companies at a disadvantage. \u201cWe\u2019re pushing on that front, and given Trump's trade policy is not multilateral but bilateral \u2026 an FTA wasn\u2019t on the agenda last year, but people are listening now.\u201d <a href=\"https:\/\/enterprise.press\/2018\/03\/19\/wrap-amchams-doorknock-washington-dc\/\">You can catch the rest of our coverage of the AmCham wrap up here<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631452\" 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=\"631452\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/international-coverage-of-the-presidential-elections-continues\/\">\r\n                            International coverage of the presidential elections continues                        <\/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\/03\/19\/international-coverage-of-the-presidential-elections-continues\/\" 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\/03\/19\/international-coverage-of-the-presidential-elections-continues\/')\">\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\/03\/19\/international-coverage-of-the-presidential-elections-continues\/\">\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=International coverage of the presidential elections continues&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/international-coverage-of-the-presidential-elections-continues\/\">\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\/03\/19\/international-coverage-of-the-presidential-elections-continues\/&title=International coverage of the presidential elections continues\">\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=International+coverage+of+the+presidential+elections+continues+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Finternational-coverage-of-the-presidential-elections-continues%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\/03\/19\/international-coverage-of-the-presidential-elections-continues\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631452\" class=\"content-area-description single-story post-631452 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The international media\u2019s coverage of Egypt\u2019s presidential election continues<\/strong> <a href=\"https:\/\/af.reuters.com\/article\/africaTech\/idAFKBN1GU091-OZATP\">with Reuters<\/a> reporting that the Egyptian government is concerned with clamping down on fake news. In the US, Rep. Jim McGovern (Democrat of Massachusetts) says that there is bipartisan concern in Congress over events leading up to the election, Mohamed Elshinnawi <a href=\"https:\/\/www.voanews.com\/a\/congress-egyptian-americans-share-concerns-about-egypt-election\/4303272.html\">reports for VOA<\/a>. McGovern, who is the co-chairman of the Tom Lantos Human Rights Commission, said the concern is there despite Egypt being a close US strategic partner. Elshinnawi also spoke with a number of Egyptians residing in the US, some of whom said they are boycotting the elections.<\/p>\n<p>Despite the international concern, <strong>Egyptians hope President Abdel Fattah El Sisi\u2019s \u201cinevitable victory will at least benefit the country\u2019s ailing economy,\u201d<\/strong> Heba Saleh writes for <a href=\"https:\/\/www.ft.com\/content\/6f7c2c64-25ec-11e8-b27e-cc62a39d57a0\">the Financial Times<\/a>. \u201cDespite a series of harsh reforms pushed through by the government, there have so far been no tangible improvements for the mns of families struggling to survive on low or modest incomes.\u201d Businesses have also struggled but are optimistic that the reforms will eventually pay off and that \u201cthe worst is behind us,\u201d Edita Chairman Hani Berzi tells Saleh. Also name-checked: Pharos Holding COO Angus Blair.<\/p>\n<p><strong>Growing ties with China: <\/strong>A newly-established animal feed factory of Chinese agribusiness player New Hope Group in Beheira \u201ctells a good story\u201d about the growing ties between Egypt and China, Mahmoud Fouly <a href=\"http:\/\/www.xinhuanet.com\/english\/2018-03\/18\/c_137046499.htm\">writes for Xinhua<\/a>. The factory is New Hope\u2019s third in Egypt and General Manager Wu Qianfeng says the company invested the equivalent of USD 15.8 mn in the project.<\/p>\n<p>Also worth a skim this morning:<\/p>\n<ul>\n<li><strong>Egyptian censors prohibited the premiere of a revolution-centric play without the removal of several scenes<\/strong>, according to the <a href=\"https:\/\/www.timesofisrael.com\/egypt-censors-play-before-the-revolution-director-appeals\/\">AP\u2019s Brian Rohan<\/a>, who notes this is the second play to be targeted in the run-up to the elections. <\/li>\n<li><strong>The Religious Endowments Authority is sponsoring Sufi celebrations <\/strong>and seminars in hopes of countering Salafism and extremism, <a href=\"https:\/\/www.al-monitor.com\/pulse\/originals\/2018\/03\/egypt-adopts-new-sufi-order-fight-terrorism-shadhili-alliya.html#ixzz5A8jwcAW8\">Al Monitor says<\/a>.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631453\" 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=\"631453\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/\">\r\n                            High voter turnout abroad will likely be replicated domestically, nation\u2019s columnists say                        <\/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\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/\" 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\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/')\">\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\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/\">\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=High voter turnout abroad will likely be replicated domestically, nation\u2019s columnists say&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/\">\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\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/&title=High voter turnout abroad will likely be replicated domestically, nation\u2019s columnists say\">\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=High+voter+turnout+abroad+will+likely+be+replicated+domestically%2C+nation%E2%80%99s+columnists+say+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fhigh-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say%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\/03\/19\/high-voter-turnout-abroad-will-likely-be-replicated-domestically-nations-columnists-say\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631453\" class=\"content-area-description single-story post-631453 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Reports of good turnout among Egyptian expatriates is a positive sign<\/strong> that Egyptians are not suffering from another bout of political passivity, particularly since President Abdel Fattah El Sisi\u2019s win is a foregone conclusion, Emad El Din Hussein writes for <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=17032018&id=78a0c5d8-566b-4497-97c5-e8e27c0e1967\">Al Shorouk<\/a>. The turnout abroad is also a good omen for the vote that will take place here in Egypt at the end of the month, says <a href=\"https:\/\/www.elwatannews.com\/news\/details\/3173810\">El Watan\u2019s<\/a> Emad El Din Adib. Meanwhile, <a href=\"https:\/\/alborsanews.com\/2018\/03\/15\/1093709\">Al Borsa\u2019s<\/a> Ibrahim Mostafa declares that <strong>El Sisi\u2019s reelection will bode well for economic development<\/strong>, since it will send a clear message to investors that stability is the name of the game for Egypt.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631454\" 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=\"631454\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/\">\r\n                            When Qatar\u2019s meddling backfires, and ethnic cleansing is the result                        <\/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\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/\" 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\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/')\">\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\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/\">\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=When Qatar\u2019s meddling backfires, and ethnic cleansing is the result&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/\">\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\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/&title=When Qatar\u2019s meddling backfires, and ethnic cleansing is the result\">\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=When+Qatar%E2%80%99s+meddling+backfires%2C+and+ethnic+cleansing+is+the+result+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fwhen-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result%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\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/1711.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"631455\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/when-qatars-meddling-backfires-and-ethnic-cleansing-is-the-result\/1711-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/1711.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1711.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/1711.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/1711.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631454\" class=\"content-area-description single-story post-631454 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-reading tag-enterpriseam tag-worth-reading 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-07\"><\/a> <strong>When Qatar\u2019s meddling backfires, and ethnic cleansing is the result:<\/strong> Here in Egypt, we are no strangers to the direct and oversized political machinations of the statelet known as Qatar. Much of the instability in neighboring Libya can be laid on Doha\u2019s doorstep. But <a href=\"https:\/\/www.nytimes.com\/2018\/03\/14\/magazine\/how-a-ransom-for-royal-falconers-reshaped-the-middle-east.html\">the New York Times\u2019 in depth report<\/a> on an ethnic cleansing operation in Syria, masterminded by Iran, may be one of the most horrific episodes in Qatar\u2019s history of regional interference. And it all starts with a group of hapless Qatari royals, arrogant enough to go hunting in the deserts of war torn Iraq. Of course, they were kidnapped by Iranian-backed Shiite militias, then used as pawns to pressure Qatar to use its influence to stage a \u201cpopulation swap\u201d in Syria. It involved the forceful population exchange between four villages caught up in sieges by various sides in the war. Not the mention the funds that went into the pockets of armed militias, which could have run into USD 1 bn, to secure the royals\u2019 release.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/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=\"631456\" 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=\"631456\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/\">\r\n                            Egypt, UN sign USD 1.2 bn Partnership Development Framework Agreement                        <\/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\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/\" 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\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/')\">\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\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/\">\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, UN sign USD 1.2 bn Partnership Development Framework Agreement&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/\">\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\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/&title=Egypt, UN sign USD 1.2 bn Partnership Development Framework Agreement\">\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%2C+UN+sign+USD+1.2+bn+Partnership+Development+Framework+Agreement+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fegypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement%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\/03\/19\/egypt-un-sign-usd-1-2-bn-partnership-development-framework-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631456\" class=\"content-area-description single-story post-631456 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt, UN sign USD 1.2 bn 2018-2022 Partnership Development Framework Agreement:<\/strong> UN Resident Coordinator in Egypt Richard Dictus and Investment and International Cooperation Minister Sahar Nasr signed yesterday the USD 1.2 bn 2018-2022 Partnership Development Framework Agreement, according to <a href=\"http:\/\/www.miic.gov.eg\/Arabic\/MediaCenter\/News\/Pages\/%D9%85%D8%B5%D8%B1-%D8%AA%D9%88%D9%82%D8%B9-%D8%A5%D8%B7%D8%A7%D8%B1%D8%A7-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A7-%D9%84%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%85%D8%B9-%D8%A7%D9%84%D8%A7%D9%85%D9%85-%D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9-%D8%AD%D8%AA%D9%89-2022-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-1.2-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1.aspx\">a ministry statement<\/a>. The agreement focuses on supporting inclusive economic development, social justice, women\u2019s empowerment, and the sustainable use of natural resources. The funding will be geared towards creating an environment conducive to economic growth and development through job creation, increasing women and youth\u2019s access to employment, reducing population growth rates, and improving public services.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631460\" 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=\"631460\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/\">\r\n                            EPROM receives two offers to operate, maintain oil fields in Iraq, Kuwait                        <\/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\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/\" 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\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/')\">\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\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/\">\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=EPROM receives two offers to operate, maintain oil fields in Iraq, Kuwait&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/\">\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\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/&title=EPROM receives two offers to operate, maintain oil fields in Iraq, Kuwait\">\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=EPROM+receives+two+offers+to+operate%2C+maintain+oil+fields+in+Iraq%2C+Kuwait+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Feprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait%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\/03\/19\/eprom-receives-two-offers-to-operate-maintain-oil-fields-in-iraq-kuwait\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631460\" class=\"content-area-description single-story post-631460 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\/.7f7162eb-df44-4517-9c98-b5f3a8f7305d.mp3\"><\/audio><\/figure>\n<p>Egyptian Projects Operation and Maintenance company (EPROM) has received an offer to operate Iraq\u2019s Siba natural gas field in partnership with the Egyptian Maintenance Company (EMC), <a href=\"http:\/\/gate.ahram.org.eg\/News\/1842272.aspx\">according to Ahram Gate<\/a>. EPROM has also received another offer to operate and maintain water processing units at Kuwait\u2019s Al Zour oil field, CEO Amgad El Ahmady has said, without disclosing further details.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631463\" 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=\"631463\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/\">\r\n                            Energy Recovery to implement USD 4 mn worth of desalination projects in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Energy Recovery to implement USD 4 mn worth of desalination projects in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/&title=Energy Recovery to implement USD 4 mn worth of desalination projects in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Energy+Recovery+to+implement+USD+4+mn+worth+of+desalination+projects+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fenergy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/energy-recovery-to-implement-usd-4-mn-worth-of-desalination-projects-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631463\" class=\"content-area-description single-story post-631463 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.fb4656b0-8bfa-417e-96cd-bfdde66a6865.mp3\"><\/audio><\/figure>\n<p>Energy Recovery was awarded a USD 4 mn contract for pressure exchangers for multiple desalination facilities in Egypt, <a href=\"http:\/\/ir.energyrecovery.com\/phoenix.zhtml?c=221013&p=irol-newsArticle_Print&ID=2338271\">the company announced<\/a>. The desalination plants will produce up to 160,000 cubic meters of water per day. \u201cWe have and will continue to target Egypt as a strategic territory for Energy Recovery. The country was one of the earliest adopters of our industry-leading PX Pressure Exchanger technology with our first units in the country deployed approximately 15 years ago. Our innovative solutions put us in an excellent position to leverage Egypt's planned growth in desalination,\u201d Energy Recovery VP Rodney Clemente says.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631465\" 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=\"631465\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/\">\r\n                            Tourist arrival numbers showing a rebound -TRT World                        <\/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\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/\" 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\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/')\">\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\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/\">\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=Tourist arrival numbers showing a rebound -TRT World&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/\">\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\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/&title=Tourist arrival numbers showing a rebound -TRT World\">\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=Tourist+arrival+numbers+showing+a+rebound+-TRT+World+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Ftourist-arrival-numbers-showing-a-rebound-trt-world%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\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/691.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"631466\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/tourist-arrival-numbers-showing-a-rebound-trt-world\/691-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/691.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"691.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/691.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/3\/691.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631465\" class=\"content-area-description single-story post-631465 post type-post status-publish format-standard has-post-thumbnail hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.82acb0ce-cdd6-4dfe-aeaf-a4a33042e9e5.mp3\"><\/audio><\/figure>\n<p>Egypt tourist arrival numbers are showing a rebound after the slide that began in 2011, <a href=\"https:\/\/www.youtube.com\/watch?v=R7Bpt7u6cy4\">Joseph Hayat reports for TRT World<\/a>. The rebound, despite being slow, is welcome news for tour operators, but Sharm El Sheikh\u2019s recovery continues to lag behind other destinations. The number of visitors from emerging markets is increasing and traditional markets such a Russia are making a comeback, Hayat says. More than four-fifths of the tickets of Aeroflot\u2019s inaugural flight to Cairo, following its long hiatus, sold out within 48 hours, he notes (<a href=\"https:\/\/www.youtube.com\/watch?v=R7Bpt7u6cy4\">watch, runtime 02:31<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631468\" 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=\"631468\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/\">\r\n                            Transport Ministry to select best offer for 1,300 locomotives by month\u2019s end                        <\/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\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/\" 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\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/')\">\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\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/\">\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=Transport Ministry to select best offer for 1,300 locomotives by month\u2019s end&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/\">\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\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/&title=Transport Ministry to select best offer for 1,300 locomotives by month\u2019s end\">\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=Transport+Ministry+to+select+best+offer+for+1%2C300+locomotives+by+month%E2%80%99s+end+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Ftransport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end%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\/03\/19\/transport-ministry-to-select-best-offer-for-1300-locomotives-by-months-end\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631468\" class=\"content-area-description single-story post-631468 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.36aa62c1-8f18-4a2b-9814-16262fae0cb6.mp3\"><\/audio><\/figure>\n<p>The Transport Ministry is reportedly planning to select the best offer for the supply of 1,300 locomotives as early as the end of the month, unidentified sources <a href=\"http:\/\/www.almalnews.com\/Story\/369270\/58\/%D8%A7%D9%84%D9%86%D9%82%D9%84-%D8%AA%D8%B3%D8%AA%D9%82%D8%B1-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D9%81%D8%A7%D8%A6%D8%B2-%D8%A8%D8%AA%D9%88%D8%B1%D9%8A%D8%AF-1300-%D8%B9%D8%B1%D8%A8%D8%A9-%D8%B3%D9%83%D8%A9-%D8%AD%D8%AF%D9%8A%D8%AF-%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B4%D9%87%D8%B1\">tell Al Mal<\/a>. The ministry is currently reviewing seven offers from Chinese, Indian, Italian, Romanian, and Austrian companies, in addition to a German-Hungarian consortium. Transport Minister Hisham Arafa had said <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/12\/govt-to-select-winning-offers-for-1300-locomotive-supply-contracts-by-junes-end\/\">earlier this month<\/a> that the ministry would select the winning offer by June\u2019s end. The locomotives, which will be used to upgrade the Egyptian National Railways\u2019 fleet, are expected to cost around EGP 18-19 bn. Separately, the ministry plans to begin operating the 81 locomotives <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/02\/ge-to-start-work-on-upgrading-old-locomotives-in-a-month\/\">General Electric is refurbishing<\/a> before year\u2019s end.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631469\" 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=\"631469\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/\">\r\n                            EgyptAir Cargo to cut Russia flights over drop in agricultural exports                        <\/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\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/\" 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\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/')\">\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\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/\">\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=EgyptAir Cargo to cut Russia flights over drop in agricultural exports&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/\">\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\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/&title=EgyptAir Cargo to cut Russia flights over drop in agricultural exports\">\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=EgyptAir+Cargo+to+cut+Russia+flights+over+drop+in+agricultural+exports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fegyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports%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\/03\/19\/egyptair-cargo-to-cut-russia-flights-over-drop-in-agricultural-exports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631469\" class=\"content-area-description single-story post-631469 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.557f1c94-8ce3-4039-bb2f-7d7902830fca.mp3\"><\/audio><\/figure>\n<p>EgyptAir Cargo will cut its twice-weekly flights to Russia by half due to a drop in agricultural exports, Chairman Bassem Gohar <a href=\"http:\/\/www.almalnews.com\/Story\/369256\/58\/%D9%85%D8%B5%D8%B1-%D9%84%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%AA%D8%AE%D9%81%D8%B6-%D9%86%D9%82%D9%84-%D8%A7%D9%84%D8%A8%D8%B6%D8%A7%D8%A6%D8%B9-%D8%A5%D9%84%D9%89-%D9%85%D9%88%D8%B3%D9%83%D9%88\">tells Al Mal<\/a>. The company <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/23\/egyptair-cargo-resumes-twice-weekly-cargo-flights-to-moscow-2\/\">resumed cargo flights<\/a> to the Russian capital in November for the first time since the 2015 Metrojet plane crash.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631470\" 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=\"631470\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/\">\r\n                            Former Culture Minister Farouk Hosny acquitted in illicit gains case                        <\/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\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/\" 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\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/')\">\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\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/\">\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=Former Culture Minister Farouk Hosny acquitted in illicit gains case&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/\">\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\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/&title=Former Culture Minister Farouk Hosny acquitted in illicit gains case\">\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=Former+Culture+Minister+Farouk+Hosny+acquitted+in+illicit+gains+case+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fformer-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case%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\/03\/19\/former-culture-minister-farouk-hosny-acquitted-in-illicit-gains-case\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631470\" class=\"content-area-description single-story post-631470 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.dadf815f-7400-4a2f-a469-24f96ef95a35.mp3\"><\/audio><\/figure>\n<p>The Court of Cassation has acquitted Mubarak-era Culture Minister Farouk Hosny of corruption charges, <a href=\"http:\/\/www.almalnews.com\/Story\/369358\/13\/%D8%A7%D9%84%D9%86%D9%82%D8%B6-%D8%AA%D8%A8%D8%B1%D8%A3-%D9%81%D8%A7%D8%B1%D9%88%D9%82-%D8%AD%D8%B3%D9%86%D9%8A-%D9%85%D9%86-%D8%A7%D9%84%D9%83%D8%B3%D8%A8-%D8%BA%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%B4%D8%B1%D9%88%D8%B9\">Al Mal reports<\/a>. Hosny stood trial for allegedly misappropriating EGP 9.8 mn during his tenure from 1987 to 2011. He was acquitted in 2013 but stood retrial following an appeal by the prosecution.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631471\" 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=\"631471\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/\">\r\n                            If you\u2019re a Zamalkawy, the silver lining of exiting the Confed Cup was the exit of Mortada                        <\/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\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/\" 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\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/')\">\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\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/\">\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=If you\u2019re a Zamalkawy, the silver lining of exiting the Confed Cup was the exit of Mortada&url=https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/\">\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\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/&title=If you\u2019re a Zamalkawy, the silver lining of exiting the Confed Cup was the exit of Mortada\">\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=If+you%E2%80%99re+a+Zamalkawy%2C+the+silver+lining+of+exiting+the+Confed+Cup+was+the+exit+of+Mortada+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F03%2F19%2Fif-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada%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\/03\/19\/if-youre-a-zamalkawy-the-silver-lining-of-exiting-the-confed-cup-was-the-exit-of-mortada\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631471\" class=\"content-area-description single-story post-631471 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>If you\u2019re a Zamalkawy, the silver lining of exiting the Confed Cup was the exit of Mortada:<\/strong> Zamalek was kicked out of the CAF Confederation Cup round of 32 after losing 4-3 on penalties to Ethiopia's Wolaitta Dicha, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/6\/51\/293058\/Sports\/Egyptian-Football\/Egypts-Zamalek-suffer-shock-Confed-Cup-exit-after-.aspx\">Ahram Online reports<\/a>. The sting of the loss was only mitigated by reports that Mortada Mansour announced he is resigning as Chairman of the club, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=18032018&id=56cd558f-8e5e-4c2b-9f7b-5632b01a3e73\">according to Al Shorouk<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631474\" 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=\"631474\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/631474\/\">\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\/03\/19\/631474\/\" 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\/03\/19\/631474\/')\">\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\/03\/19\/631474\/\">\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\/03\/19\/631474\/\">\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\/03\/19\/631474\/&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%2F03%2F19%2F631474%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\/03\/19\/631474\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631474\" class=\"content-area-description single-story post-631474 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 17.5692 | Sell 17.6689<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.55 | Sell 17.65<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.55 | Sell 17.65<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 17,271 (+1.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 2.1 bn (82% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +15.0%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session up 1.6%. CIB, the index heaviest constituent ended up 2.2%. EGX30\u2019s top performing constituents were Qalaa Holdings up 8.5%, Egyptian Resorts up 6.3%, and Orascom Telecom Media & Technology up 5.8%. Yesterday\u2019s worst performing stocks ACC down 2.9%, Global Telecom down 2.0%, and GB Auto down 1.0%. The market turnover was EGP 2.1 bn, and regional investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +108.9 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -193.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +84.1 mn<\/p>\n<p><strong>Retail<\/strong>: 64.7% of total trades | 63.1% of buyers | 66.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.3% of total trades | 36.9% of buyers | 33.8% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 15.5% of total | 18.1% of buyers | 12.8% of sellers<br \/>\n <strong>Regional:<\/strong> 19.1% of total | 14.4% of buyers | 23.7% of sellers<br \/>\n <strong>Domestic:<\/strong> 65.5% of total | 67.5% of buyers | 63.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 62.00 (-0.55%)<br \/>\n <strong>Brent:<\/strong> USD 65.85 (-0.54%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.69 MMBtu, (+0.00%, April 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,311.30 \/ troy ounce (-0.08%)<\/p>\n<p><strong>TASI:<\/strong> 7,728.06 (-0.21%) (YTD: +6.94%)<br \/>\n <strong>ADX:<\/strong> 4,533.11 (-0.21%) (YTD: +3.06%)<br \/>\n <strong>DFM:<\/strong> 3,192.78 (-0.14%) (YTD: -5.26%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 413.20 (+0.27%) (YTD: +2.93%)<br \/>\n <strong>QE:<\/strong> 8,802.80 (-0.51%) (YTD: +3.28%)<br \/>\n <strong>MSM:<\/strong> 4,892.98 (-0.08%) (YTD: -4.05%)<br \/>\n <strong>BB: <\/strong>1,352.49 (-0.22%) (YTD: +1.56%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"631475\" 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\/03\/19\/631475\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-631475\" class=\"content-area-description single-story post-631475 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>23 March (Friday): Orchestra In Art gala concert \u201c<a href=\"https:\/\/www.arts-mart.com\/event_list\/orchestra-art-three-egyptian-tenors\/\">The Three Egyptian Tenors<\/a>,\u201d Arts-Mart Gallery, 9:00pm.<\/p>\n<p>28-31 March 2018 (Thursday-Sunday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt<\/a>, Cairo International Convention Centre, Cairo.<\/p>\n<p>02-03 April (Monday-Tuesday): Pharos Holding\u2019s investor conference: In Search for Egypt Alpha, Cairo.<\/p>\n<p>08 April (Sunday): Easter Sunday, national holiday.<\/p>\n<p>09 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>11 April (Wednesday): <a href=\"http:\/\/eventtus.com\/event\/f8cdetifel3v07yhu3rppqm3cly44ggu\">The Game Sports Industry Conference<\/a>, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>17-18 April (Tuesday-Wednesday): <a href=\"http:\/\/eventtus.com\/event\/04nlzds95w2ln7x9xbkogyswfj42l1po\">Creative Industry Summit<\/a>, Four Seasons Nile Plaza Hotel, Cairo.<\/p>\n<p>24-25 April (Tuesday-Wednesday): Renaissance Capital\u2019s <a href=\"http:\/\/conference.rencap.com\/Calendar\/\">3rd Annual Egypt Investor Conference<\/a>, Cape Town, South Africa.<\/p>\n<p>25 April (Wednesday): Sinai Liberation Day, national holiday.<\/p>\n<p>01 May (Tuesday): Labor Day, national holiday.<\/p>\n<p>02-03 May (Wednesday-Thursday): Cisco Connect Egypt 2018, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>4-6 May 2018 (Friday-Sunday): <a href=\"http:\/\/icnt.org\/index.html\">International Conference on Network Technology (ICNT 2018)<\/a>, venue TBD, Cairo.<\/p>\n<p>07 May (Monday): International Data Corporation\u2019s CIO Summit, The Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>15 May (Tuesday): Expected date for the start of Ramadan (TBC).<\/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>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":631430,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-631429","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6b2b7517-d62c-4db4-9f0a-aa33d61842eb","teaser":"","photo_url":"https:\/\/ent.news\/2016\/7\/1050.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>Gov\u2019t unveils IPO Program - 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\/govt-unveils-ipo-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t unveils IPO Program\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T12:08:30+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/\",\"name\":\"Gov\u2019t unveils IPO Program - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-03-19T03:57:20+00:00\",\"dateModified\":\"2025-12-17T12:08:30+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Issues\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/AMarchives\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Gov\u2019t unveils IPO Program\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gov\u2019t unveils IPO Program - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/","og_locale":"en_US","og_type":"article","og_title":"Gov\u2019t unveils IPO Program","og_url":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/","og_site_name":"EnterpriseAM Egypt","article_modified_time":"2025-12-17T12:08:30+00:00","twitter_card":"summary_large_image","twitter_image":"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/","url":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/","name":"Gov\u2019t unveils IPO Program - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1","datePublished":"2018-03-19T03:57:20+00:00","dateModified":"2025-12-17T12:08:30+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2016\/7\/1050.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-unveils-ipo-program\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Issues","item":"https:\/\/enterpriseam.com\/egypt\/AMarchives\/"},{"@type":"ListItem","position":3,"name":"Gov\u2019t unveils IPO Program"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}}]}},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/issue"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631429\/revisions"}],"predecessor-version":[{"id":631484,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631429\/revisions\/631484"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/631430"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}