{"id":632286,"date":"2018-02-07T05:53:25","date_gmt":"2018-02-07T05:53:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=632286"},"modified":"2025-12-17T12:38:16","modified_gmt":"2025-12-17T12:38:16","slug":"amer-signals-loosening-of-monetary-policy-soon","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/amer-signals-loosening-of-monetary-policy-soon\/","title":{"rendered":"Amer signals loosening of monetary policy \u201csoon\u201d"},"content":{"rendered":"<section id=\"632288\" 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=\"632288\">\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\/02\/07\/what-were-tracking-on-7-february-2018\/\">\r\n                            What we\u2019re tracking on 7 February 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\/02\/07\/what-were-tracking-on-7-february-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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US shares, meanwhile, recovered from Monday\u2019s sharp selloff to post what Bloomberg says was their <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-05\/stock-plunge-seen-deepening-in-asia-as-u-s-slides-markets-wrap\">best day since 2016<\/a> after a wild ride that saw equities open deeply in the red.And in the three hours before dispatch this morning, Asian shares went from strong opens that saw nearly every exchange up sharply, to entirely mixed: At dispatch time, Japan, Taiwan and Australia were up, while China, Hong Kong, India, New Zealand and Pakistan were down<\/p><p><strong>Oil, metals and treasuries<\/strong> were all down yesterday, with Brent crude subsequently edging up to USD 67.49 per barrel.<\/p><p><strong>Is it a bottom? <\/strong>That\u2019s the question vexing traders, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-stocks\/wall-street-roars-back-traders-eye-volatility-ahead-idUSKBN1FQ1OZ\">Reuters reports<\/a>. Are the \u201cwild swings of the past two days the start of a deeper move down or just clearing the way to the resumption of the aging bull market, which would turn nine on March 9\u201d?<\/p><p><strong>Keep your eye on the VIX:<\/strong> The Cboe Volatility Index broke north of 50 yesterday before retreating, its highest level since the aftermath of China\u2019s devaluation of the yuan in 2015, Bloomberg, Reuters and the <a href=\"https:\/\/www.ft.com\/content\/9d5e441e-0b02-11e8-8eb7-42f857ea9f09\">Financial Times<\/a> all note. Both Nomura and Credit Suisse said they\u2019re <strong>closing exchange-traded funds <\/strong>that saw more than 80% of their value erased when volatility spiked, <a href=\"https:\/\/www.wsj.com\/articles\/investors-suffer-heavy-losses-on-bets-against-volatility-1517914770\">the Wall Street Journal<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/ccd278c6-0af5-11e8-8eb7-42f857ea9f09\">FT<\/a> report.<\/p><p><strong>Shape your thinking: <\/strong>Go read Peter S. Goodman\u2019s piece for the New York Times arguing that \u201c<a href=\"https:\/\/www.nytimes.com\/2018\/02\/06\/business\/stocks-bonds-markets-central-banks.html\"><strong>the era of easy money is ending, and the world is bracing for shocks<\/strong><\/a>.\u201d The worst case scenario, he suggests, its that with \u201csentiment\u201d being a \u201cclearly viral phenomenon,\u201d it\u2019s not a stretch to see falling share prices at multinationals translating into lower appetite for expansion that would ultimately drag down economies across the world. Definitely worth reading.<\/p><p><strong>Could spring-summer 2007 be the closest parallel to what\u2019s happening now?<\/strong> The <a href=\"https:\/\/www.ft.com\/content\/beaa0c4a-0af1-11e8-8eb7-42f857ea9f09\">FT\u2019s John Authers thinks so<\/a>, writing that while he doesn\u2019t want to \u201cbe accused of alarmism,\u201d the warning signs are clear: The prospect of higher interest rates has folks spooked. We\u2019re not on the precipice of a global financial crisis, he says, because the real economy is strong. But that said: \u201cThen, as now, higher rates forced many people to take a long and careful look at the positions they had taken on \u2014 and many disliked what they saw. Higher rates also royally messed up many brilliant pieces of financial engineering that had flourished during the \u2018Great Moderation\u2019 of low volatility that preceded the outbreak of the crisis.\u201d<\/p><p><strong>One hedge fund sees the bull market continuing \u2014 for emerging markets.<\/strong> Haidar Capital Management, whose (relatively small) Jupiter Fund is 40% in the past year thanks in port to shorting developed-nation bonds in favor of emerging-market debt, is betting that emerging markets will outperform developed markets during the next three to four years thanks to <strong>cheaper valuations, faster growth and pro-market government overhauls<\/strong>. \u201cI\u2019m sure there will be a pullback, but will we finish the year higher? Absolutely,\u201d CEO Said Haidar <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-05\/hedge-fund-that-gained-40-sees-emerging-market-rally-persisting\">tells Bloomberg<\/a>. The downside risk, of course: A suddenly rise in US interest rates.<\/p><p><strong>His advice on high-yielding EM debt?<\/strong> Keep an eye on the exits. \u201cYou have to look at liquidity. Everyone and their uncle was piling into Egyptian T-Bills, but if something happens, you can\u2019t get out. They tend to be cash-intensive,\u201d he said.<\/p><p><strong>How will all of this impact Egypt\u2019s USD 4-5 bn eurobond issuance?<\/strong> Not significantly, according to an unnamed central bank official. <a href=\"http:\/\/www.youm7.com\/story\/2018\/2\/6\/%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%89-%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A7%D8%AA-%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A9-%D9%84%D9%86-%D8%AA%D8%A4%D8%AB%D8%B1-%D8%B9%D9%84%D9%89-%D8%B7%D8%B1%D8%AD-%D8%A7%D9%84%D8%B3%D9%86%D8%AF%D8%A7%D8%AA\/3637440\">Speaking to Youm7<\/a>, the official said that the downturn in global stocks and US treasury yields hitting a 30-year high will not derail the planned issuance. Investors, the source says, have bought into the Egypt success story and the fundamentals of our recovering economy. Egypt has also proven to foreign investors its ability to meet its debt obligations, especially after paying back USD 30 bn in 2017, the official added. <strong>We expect an announcement any day now of the eurobond issuance<\/strong>, which will take place in the London and Luxembourg stock exchanges, according to <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/05\/eurobond-issuance-coming-any-day-now-el-garhy\/\">previous statements from Finance Minister Amr El Garhy<\/a>.<\/p><p><strong>Choueifat clear of meningitis, to remain closed this week:<\/strong> Health Minister Ahmed Rady confirmed yesterday that the International School of Choueifat is clear of meningitis cases, but that it will remain closed until the end of this week as a precautionary measure, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1255581\">Al Masry Al Youm reports<\/a>. The ministry conducted a thorough sweep of the school and found no traces of the virus, but is taking some preemptive measures to ensure a breakout does not occur, Rady said. The Education Ministry had ordered the closure of the school yesterday after a student was thought to be infected.<\/p><p><strong>PSA: The New Urban Communities Authority (NUCA) has announced water cuts<\/strong> in 6 October City and Sheikh Zayed that will last 8-10 hours as of 8:00pm Wednesday night, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=06022018&amp;id=83f78548-2656-493a-b686-3e88b3f58528\">Al Shorouk reports<\/a>.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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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\/02\/07\/what-were-tracking-this-week-57\/\">\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\/02\/07\/what-were-tracking-this-week-57\/\" 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href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fwhat-were-tracking-this-week-57%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\/02\/07\/what-were-tracking-this-week-57\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632290\" class=\"content-area-description single-story post-632290 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>Sudan and Egypt\u2019s foreign ministers and intelligence service chiefs will meet in Cairo tomorrow<\/strong> to resolve \u201coutstanding issues\u201d between Cairo and Khartoum.<\/p>\n<p><strong>The Pyeongchang Olympics open on Friday.<\/strong> Norway, Canada and the United States are broadly expected to top the overall medal standings, with Germany forecast to take home the most gold medals. And yes, we\u2019re perfectly aware that the cold-weather folk on our staff are among the seven people in all of Cairo who care.<\/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-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=\"632291\" 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=\"632291\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/on-the-horizon-76\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/on-the-horizon-76\/\" target=\"_blank\">\n                    Open in new 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horizon&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/on-the-horizon-76\/\">\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\/02\/07\/on-the-horizon-76\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fon-the-horizon-76%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" 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<\/strong>Speakers this year will include Qalaa Holdings Chairman Ahmed Heikal and founding partner of Zulficar & Partners Mona Zulficar.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632292\" 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=\"632292\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\">\r\n                            Global stock market performance featured prominently 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 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   <!-- <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=Global stock market performance featured prominently on the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-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\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/&title=Global stock market performance featured prominently 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=Global+stock+market+performance+featured+prominently+on+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fglobal-stock-market-performance-featured-prominently-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\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632292\" class=\"content-area-description single-story post-632292 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The downturn in global stock markets featured prominently on the airwaves last night<\/strong> as the nation\u2019s talking heads appeared to finally grown tired of obsessively dissecting political updates.<\/p>\n<p><strong>The EGX\u2019s slump yesterday was a natural reflection of global market conditions<\/strong>, Rasmala Egypt Asset Management Chairman Ahmed Abu El Saad told Hona Al Asema\u2019s Lamees Al Hadidi. El Saad noted that traders have also been waiting for Egypt to heed the IMF\u2019s advice to ease interest rates, which further spurred the sell-off streak.<\/p>\n<p><strong>This will likely be the year in which investors in Egypt\u2019s stock market reap the benefits of the reform program, <\/strong>Abu El Saad said, reminding viewers that Egypt is pressing ahead with planned policy adjustments that will eventually see interest rates decline, making the bourse highly attractive to investors. He also said that the <strong>timing of Egypt\u2019s planned eurobond issuance<\/strong> is opportune, since it is scheduled to happen before an expected hike in US interest rates.<\/p>\n<p><strong>Lamees then schooled her viewers on the relationship between US fiscal policies and the performance of Egypt\u2019s market<\/strong>, stressing that the best way forward is to continue encouraging private sector growth in Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=5Vmf4m0qTpc\">watch, runtime: 31:03<\/a>).<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer also zoned in on the EGX with financial analyst Mostafa Adel<\/strong>, who said the EGX is likely to begin recovering by the end of the week, as things ease up for the global market. (Want to share that crystal ball, buddy?) He also warned that an interest rate hike across the pond would have an adverse effect on appetite for the EGP and other EM currencies (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/537845229927121\/\">watch, runtime: 3:00<\/a>).<\/p>\n<p>Back on Hona Al Asema, Lamees was all smiles over <strong>President Abdel Fattah El Sisi\u2019s \u201cstrong personal relationship\u201d with Abu Dhabi Crown Prince<\/strong> Sheikh Mohammed bin Zayed. The host aired footage of the two leaders taking a stroll and grabbing a bite together at an Abu Dhabi mall (<a href=\"https:\/\/www.youtube.com\/watch?v=yE7tc0k_MFM\">watch, runtime: 6:53<\/a>).<\/p>\n<p>Taking notes from his better half, <strong>Kol Youm\u2019s Amr Adib played the same video<\/strong> and speculated about the conversation, guessing that El Sisi and bin Zayed were likely discussing US relations, the Palestinian issue, and the latest in the Qatar Smackdown (<a href=\"https:\/\/www.youtube.com\/watch?v=A9VEEqJgPnw\">watch, runtime: 4:50<\/a>).<\/p>\n<p>Over on Masaa DMC, <strong>Osama Kamal discussed Egypt\u2019s Mercosur trade liberalization agreement with Export Development Authority chief<\/strong> Sherine El Shorbagy, who said the agreement has been in the works for 10 years and will go a long way in recalibrating Egypt\u2019s trade balance with the Mercosur countries. El Shorbagy noted that Egypt imports around USD 2.5 bn worth of goods from Brazil, but only exports around USD 150 mn to the South American country. She said local exporters should take advantage of the FTA, noting that fertilizers and wood products in particular have a good chance of successfully penetrating these markets (<a href=\"https:\/\/www.youtube.com\/watch?v=6Q2uobf3PYY\">watch, runtime: 10:23<\/a>).<\/p>\n<p><strong>We love Japan, but\u2026<\/strong>Filling in for Tamer Amin on Al Hayah Al Youm was Nahawand Serry, who continued the inexplicable, wall-to-wall coverage of the Education Ministry\u2019s flirtation with Japanese-style schools. Deputy Education Minister Hend Galal says hiring for the schools will begin by the end of this month (<a href=\"https:\/\/www.youtube.com\/watch?v=YqonOEn4_EU\">watch, runtime: 5:42<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632293\" 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=\"632293\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/cbe-to-start-loosening-monetary-policy-soon-amer\/\">\r\n                            CBE to start loosening monetary policy \u201csoon\u201d - Amer                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/cbe-to-start-loosening-monetary-policy-soon-amer\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Since inflation rates began to dip significantly, with <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/11\/monthly-inflation-records-lowest-rate-in-over-two-years\/\">monthly inflation falling to -0.2%<\/a> in December, speculation has been rife about when the CBE will begin easing interest rate restrictions. The <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/29\/economist-expect-interest-rates-to-drop-by-500-bps-in-2018\/\">general consensus among economists<\/a> appears to be that the central bank will take a cautious approach and bring rates down no more than 500 bps by year\u2019s end.<\/p>\n<p><strong>All eyes now turn to two events over the coming week:<\/strong> CAPMAS\u2019 report on inflation for January, expected sometime this week or early next, and the central bank\u2019s Monetary Policy Committee meeting <a href=\"http:\/\/www.cbe.org.eg\/en\/MonetaryPolicy\/Pages\/MPCMeetingSchedule.aspx\">a week from Thursday<\/a>.<\/p>\n<p><strong>Amer also said that FX inflows into Egypt since the EGP float have climbed to USD 100 bn<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-06\/egypt-to-loosen-monetary-policy-soon-central-bank-s-amer-says\">according to Bloomberg<\/a>.<\/p>\n<p>Also speaking at the conference was CBE Sub-governor Lobna Helal, who said that the central bank will be working this year to build a <strong>structural model that fosters collaboration between fintech startups and established banks<\/strong>, which will allow the industry to make more products and services available.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632301\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632302\" 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=\"632302\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/western-desert-dinosaur-fossil-tops-coverage-of-egypt-in-the-foreign-press\/\">\r\n                            Western Desert dinosaur fossil tops coverage of Egypt in the foreign press                        <\/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\/02\/07\/western-desert-dinosaur-fossil-tops-coverage-of-egypt-in-the-foreign-press\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The dinosaur is thought to be of a genus not previously discovered, making the finding \u201ca landmark one that could shed light on a particularly obscure period of history for the African continent, roughly the 30 mn years before dinosaurs went extinct,\u201d <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/02\/06\/world\/middleeast\/ap-ml-egypt-dinosaur.html\">The Associated Press says<\/a>. The newswire also notes that paleontology has not enjoyed much popularity or success in Egypt previously, and that the finding is cause for hope that it will help reel in more funding for ongoing studies.<\/p>\n<p><strong>The Prosecutor General\u2019s decision to investigate the opposition bloc calling for a boycott of the presidential elections is also picking up steam<\/strong> in foreign outlets. <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-election-boycotters-trying-to-overthrow-the-regime\/2018\/02\/06\/eac24f00-0b2c-11e8-998c-96deb18cca19_story.html?utm_term=.694f6864f3cd\">The Associated Press\u2019<\/a> Brian Rohan describes the move as \u201cyet another sign that authorities will not allow even the slightest questioning of president Abdel Fattah el-Sisi\u2019s continued rule ahead of the March vote.<\/p>\n<p><strong>From Fantasyland: Is El Sisi looking to reconcile with the Ikhwan?<\/strong> President Abdel Fattah El Sisi \u2014 like all his predecessors \u2014 may have \u201ccome to the realization that some degree of political inclusion for the [Ikhwan] is required if stability is to be maintained,\u201d Abdallah Hendawy and Geneive Abdo <a href=\"https:\/\/www.bloomberg.com\/view\/articles\/2018-02-06\/egypt-s-muslim-brotherhood-finds-favor-again\">write for Bloomberg<\/a> in a piece that fundamentally mis-reads everything political that\u2019s happened in Egypt of late\u2014and whose take on the Ikhwan\u2019s future reads as if it came out of some Guidance Bureau working group. Read, if your blood pressure can take it.<\/p>\n<p><strong>Blurred lines between deadlock and breakthrough over GERD: <\/strong>The leaders of Egypt and Ethiopia are trying to strike more moderate tones, with President Abdel Fattah El Sisi flatly saying \u201cthere is no crisis\u201d on the issue of the Grand Ethiopian Renaissance Dam, Sonia Farid writes for <a href=\"https:\/\/english.alarabiya.net\/en\/features\/2018\/02\/06\/Egypt-and-Ethiopia-between-deadlock-and-breakthrough-over-Nile-dam.html\">Al Arabiya English<\/a>. With lots happening behind the scenes, both leaders are trying to ensure their room to maneuver isn\u2019t limited by their respective public\u2019s blowing the issue out of proportion.<\/p>\n<p><strong>Military cooperation with Israel and IMF loans aren\u2019t enough to solve Egypt\u2019s chronic issues<\/strong>, David Rosenberg oh-so-helpfully <a href=\"https:\/\/www.haaretz.com\/middle-east-news\/.premium-why-israel-s-alleged-bombing-in-sinai-can-t-actually-help-egypt-s-siss-1.5792615\">writes for Haaretz<\/a>. While Egypt has reportedly allowed Israel to discreetly carry out airstrikes against Daesh, our eastern neighbor\u2019s efforts alone cannot contain the militant insurgency, Rosenberg says. \u201cThe same goes for the IMF\u2019s assistance. Neither can do anything to solve the problems of corruption, mismanagement, bureaucracy and repression that keep the country down.\u201d Despite the IMF and Israel\u2019s best efforts, \u201cthere\u2019s a limit to how much friends can do for a country that remains politically and economically dysfunctional. None of the gyrations over the last seven years \u2026 has fundamentally changed Egypt, or addressed its underlying problems.\u201d<\/p>\n<p><strong>In the meantime, Israel will continue to capitalize on its friendship with Egypt:<\/strong> Tel Aviv and Hamas will likely enlist Cairo\u2019s help to mediate a prisoner swap, because \u201cEgypt is the sole choice,\u201d according to <a href=\"http:\/\/english.pnn.ps\/2018\/02\/07\/israel-seeks-egypt-mediation-for-prisoner-swap-with-hamas\/\">Palestine News Network<\/a>.<\/p>\n<p>Other stories worth a skim this morning:<\/p>\n<ul>\n<li><strong>BP\u2019s profits in the fourth quarter of 2017 \u201cmore than quadrupled\u201d on a y-o-y basis, <\/strong>thanks to higher oil prices and the introduction of new oil and gas projects in Egypt, Oman, Trinidad, and Australia, <a href=\"https:\/\/www.ft.com\/content\/39dac0a8-0b10-11e8-8eb7-42f857ea9f09\">the Financial Times says (paywall)<\/a>.<\/li>\n<li><strong>Arizona State University connects classrooms in Phoenix and Cairo through a grant-funded STEM program<\/strong> to teach high-school girls to solve complex, real-world problems involving biology and physics, according to <a href=\"https:\/\/cronkitenews.azpbs.org\/2018\/02\/05\/asu-professors-stem-initiative-virtually-puts-phoenix-egyptian-students-classroom\/\">Cronkite News<\/a>.<\/li>\n<li><strong>Egypt is inadvertently creating a unified opposition by attempting to snuff out political plurality<\/strong>, <a href=\"https:\/\/www.opendemocracy.net\/north-africa-west-asia\/maged-mandour\/sisi-elections-presidential-egypt-opposition-Anan-Mousa-Khaled\">Open Democracy write<\/a>.<\/li>\n<\/ul>\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=\"632303\" 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=\"632303\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/\">\r\n                            Gov\u2019t can improve the economy and the political scene by engaging citizens in the development process                        <\/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\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/\" 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\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/')\">\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\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/\">\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 can improve the economy and the political scene by engaging citizens in the development process&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/\">\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\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/&title=Gov\u2019t can improve the economy and the political scene by engaging citizens in the development process\">\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+can+improve+the+economy+and+the+political+scene+by+engaging+citizens+in+the+development+process+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fgovt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process%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\/02\/07\/govt-can-improve-the-economy-and-the-political-scene-by-engaging-citizens-in-the-development-process\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632303\" class=\"content-area-description single-story post-632303 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The government should encourage civil society to participate in social and economic development<\/strong> if it hopes to boost positive political engagement and achieve economic growth, Sameh Fawzy says in a column <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=06022018&id=7218c7f4-1b60-4af3-ac67-0deaa7a000fc\">penned for Al Shorouk<\/a>. He says that many of Egypt\u2019s problems would be resolved if citizens were given a chance to become active participants in daily political life and suggests that the government should adopt policies to promote civic engagement.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-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=\"632304\" 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=\"632304\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/spacex-successfully-launches-falcon-heavy\/\">\r\n                            SpaceX successfully launches Falcon Heavy                        <\/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\/02\/07\/spacex-successfully-launches-falcon-heavy\/\" 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\/02\/07\/spacex-successfully-launches-falcon-heavy\/')\">\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\/02\/07\/spacex-successfully-launches-falcon-heavy\/\">\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=SpaceX successfully launches Falcon Heavy&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/spacex-successfully-launches-falcon-heavy\/\">\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\/02\/07\/spacex-successfully-launches-falcon-heavy\/&title=SpaceX successfully launches Falcon Heavy\">\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=SpaceX+successfully+launches+Falcon+Heavy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fspacex-successfully-launches-falcon-heavy%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\/02\/07\/spacex-successfully-launches-falcon-heavy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1949.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"632305\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/spacex-successfully-launches-falcon-heavy\/1949-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1949.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1949.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1949.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1949.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632304\" class=\"content-area-description single-story post-632304 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Elon Musk\u2019s SpaceX successfully launched its Falcon Heavy rocket from the Kennedy Space Center last night. <\/strong>The rocket, the most powerful since <a href=\"https:\/\/en.wikipedia.org\/wiki\/Saturn_V\">the Saturn V<\/a>, is capable of sending 140k lbs of cargo into low-earth orbit. Falcon Heavy could be revolutionary in that it carries three times the loads competitors are claiming\u2014and does so at half the cost, <a href=\"https:\/\/news.nationalgeographic.com\/2018\/02\/falcon-heavy-launch-spacex-elon-musk-space-science\/\">according to National Geographic<\/a>. T-30 seconds is at minute 29. (<a href=\"https:\/\/www.youtube.com\/watch?v=wbSwFU6tY1c\">watch here, runtime 43:09<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632306\" 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=\"632306\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/\">\r\n                            Egypt, Oman to set up joint investment fund                        <\/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\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/\" 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\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/')\">\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\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/\">\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, Oman to set up joint investment fund&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/\">\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\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/&title=Egypt, Oman to set up joint investment fund\">\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+Oman+to+set+up+joint+investment+fund+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fegypt-oman-to-set-up-joint-investment-fund%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\/02\/07\/egypt-oman-to-set-up-joint-investment-fund\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632306\" class=\"content-area-description single-story post-632306 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>El Sisi\u2019s regional mini-tour continues with security talks in UAE, discussion of joint investment fund with Oman: <\/strong>President Abdel Fattah El Sisi discussed setting up a joint investment fund with Oman to enhance trade relations between both countries, <a href=\"http:\/\/www.egyptindependent.com\/egypt-oman-joint-investment-fund-to-be-set-up-to-enhance-economic-cooperation\/\">Egypt Independent reports<\/a>. At a meeting with Oman\u2019s Deputy Prime Minister for Cabinet Affairs Fahd bin Mahmoud Al Said on Monday, El Sisi stressed that the national projects implemented by Egypt offer promising and diversified investment opportunities in various fields. El Sisi had also met with dozens of Omani investors to discuss trade and business opportunities in Egypt. <strong>The president later met with the rulers of Abu Dhabi and Dubai<\/strong> during a visit to the UAE yesterday; security cooperation as well as economic issues were on the agenda, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/336037936915593\">according to Ittihadiya<\/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\/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=\"632309\" 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=\"632309\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/xodus-group-opens-shop-in-egypt\/\">\r\n                            Xodus Group opens shop 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\/02\/07\/xodus-group-opens-shop-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\/02\/07\/xodus-group-opens-shop-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\/02\/07\/xodus-group-opens-shop-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=Xodus Group opens shop in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/xodus-group-opens-shop-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\/02\/07\/xodus-group-opens-shop-in-egypt\/&title=Xodus Group opens shop 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=Xodus+Group+opens+shop+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fxodus-group-opens-shop-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\/02\/07\/xodus-group-opens-shop-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632309\" class=\"content-area-description single-story post-632309 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\/.e5d1da47-882c-4531-bbe5-5a3d71ecdc44.mp3\"><\/audio><\/figure>\n<p>Oil and gas consultants Xodus Group have opened a new office in Egypt and appointed Salah Farid Tantawy as its first general manager in the country. \u201cSince 2013, Xodus has won over GBP 2 mn in contracts in Egypt. Much of that work was previously won and carried out by Xodus\u2019 offices in Aberdeen and London, however research found that an established base was required to increase business in the country,\u201d the company <a href=\"https:\/\/www.rigzone.com\/news\/xodus_group_hires_general_manager_for_first_egypt_office-05-feb-2018-153392-article\/\">said in a release<\/a>. Tantawy joins the company from PICO Petroleum Integrated Services where he was project general manager for the Amal-C platform installation in the Gulf of Suez.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632311\" 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=\"632311\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/\">\r\n                            Government signs USD 150 mn financing agreement to upgrade sewage plant                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Government signs USD 150 mn financing agreement to upgrade sewage plant&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/&title=Government signs USD 150 mn financing agreement to upgrade sewage plant\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Government+signs+USD+150+mn+financing+agreement+to+upgrade+sewage+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fgovernment-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/government-signs-usd-150-mn-financing-agreement-to-upgrade-sewage-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632311\" class=\"content-area-description single-story post-632311 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\/.22587ed7-e0af-41b4-9ebc-3cc2a39ac862.mp3\"><\/audio><\/figure>\n<p>Investment Minister Sahar Nasr signed a USD 150 mn financing agreement with the African Development Bank (AfDB) yesterday that will help fund upgrades at the Abu Rawash sewage treatment facility, <a href=\"http:\/\/www.almalnews.com\/Story\/363949\/15\/%D8%AA%D9%88%D9%82%D9%8A%D8%B9-%D8%A7%D8%AA%D9%81%D8%A7%D9%82-%D9%84%D8%B1%D9%81%D8%B9-%D9%83%D9%81%D8%A7%D8%A1%D8%A9-%D9%85%D8%AD%D8%B7%D8%A9-%D8%B5%D8%B1%D9%81-%D8%A3%D8%A8%D9%88%D8%B1%D9%88%D8%A7%D8%B4-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-150-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">reports Al Mal<\/a>. The upgrades, which aim to narrow the station\u2019s environmental impact and help preserve water resources, will be carried by Orascom Construction and Aqualia JV Orasqualia over a 36-month period. The company will responsible for managing the facility and conducting maintenance work under a three-year EPC+finance contract.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"632312\" 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=\"632312\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/\">\r\n                            Egypt large contributor to Indian tea export growth                        <\/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\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/\" 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\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/')\">\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\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/\">\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 large contributor to Indian tea export growth&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/\">\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\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/&title=Egypt large contributor to Indian tea export growth\">\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+large+contributor+to+Indian+tea+export+growth+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fegypt-large-contributor-to-indian-tea-export-growth%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\/02\/07\/egypt-large-contributor-to-indian-tea-export-growth\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632312\" class=\"content-area-description single-story post-632312 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.2f1f9ed6-e704-4ecd-958b-d846a078bf75.mp3\"><\/audio><\/figure>\n<p>Egypt was the top contributor to India\u2019s record growth in tea exports in 2017, which reached a 36 year-high, climbing 9.3% y-o-y to USD 726.7 mn, <a href=\"http:\/\/www.thehindu.com\/business\/Economy\/tea-exports-at-36-year-high-says-tea-board\/article22670852.ece\">according to The Hindu<\/a>. Tea exports to Egypt increased by 166% y-o-y, followed by Sri Lanka with 84.8% y-o-y, and China with 50%.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632313\" 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=\"632313\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-in-egypt\/\">\r\n                            Saudi Arabia to establish business and technology university 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\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-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\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-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\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-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=Saudi Arabia to establish business and technology university in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-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\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-in-egypt\/&title=Saudi Arabia to establish business and technology university 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=Saudi+Arabia+to+establish+business+and+technology+university+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fsaudi-arabia-to-establish-business-and-technology-university-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\/02\/07\/saudi-arabia-to-establish-business-and-technology-university-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632313\" class=\"content-area-description single-story post-632313 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.cfad184e-ba0f-42c2-a032-7f36030c8fd0.mp3\"><\/audio><\/figure>\n<p>Saudi Arabia is planning to establish a business and technology university in Egypt, Chairman of Jeddah\u2019s University of Business and Technology (UBT) Abdullah Dahlan <a href=\"https:\/\/alborsanews.com\/2018\/02\/06\/1082945\">tells Al Borsa<\/a>. Talks with Egyptian authorities are underway to determine the location and total cost of the project, he adds.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632314\" 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=\"632314\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/\">\r\n                            Antiquities Ministry to buy electric buses for Giza Plateau                        <\/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\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/\" 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\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/')\">\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\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/\">\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=Antiquities Ministry to buy electric buses for Giza Plateau&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/\">\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\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/&title=Antiquities Ministry to buy electric buses for Giza Plateau\">\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=Antiquities+Ministry+to+buy+electric+buses+for+Giza+Plateau+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fantiquities-ministry-to-buy-electric-buses-for-giza-plateau%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\/02\/07\/antiquities-ministry-to-buy-electric-buses-for-giza-plateau\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632314\" class=\"content-area-description single-story post-632314 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.0982be76-a0d6-4438-a82f-f68e0750576b.mp3\"><\/audio><\/figure>\n<p>The Antiquities Ministry is studying offers from 10 local companies on a tender for 35 electric-powered buses to transport tourists around the Giza Plateau, according to Mohamed Ismail, the director of the area\u2019s development project. The winning company, which will manage the service and take charge of maintenance, will receive a share of ticket sales, <a href=\"http:\/\/www.almalnews.com\/Story\/363886\/15\/-%D8%A7%D9%84%D8%A2%D8%AB%D8%A7%D8%B1-%D8%AA%D9%81%D8%A7%D8%B6%D9%84-%D8%A8%D9%8A%D9%86-10-%D8%B9%D8%B1%D9%88%D8%B6-%D9%84%D8%B4%D8%B1%D8%A7%D8%A1-35-%D8%A3%D8%AA%D9%88%D8%A8%D9%8A%D8%B3%D8%A7%D9%8B-%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A%D8%A7%D9%8B-%D9%84%D8%AE%D8%AF%D9%85%D8%A9-%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%A3%D9%87%D8%B1%D8%A7%D9%85%D8%A7%D8%AA\">Ismail tells Al Mal<\/a>, without going into specifics. The Giza Plateau\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/04\/4400-year-old-tomb-of-female-official-discovered-outside-cairo\/\">EGP 400 mn development project<\/a> means to make the area more tourist friendly by zoning off the different activities, as well as limiting the presence of hawkers and peddlers, <a href=\"http:\/\/www.arabnews.com\/node\/1240666\/middle-east\">says Arab News<\/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\/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=\"632315\" 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=\"632315\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/\">\r\n                            Saudi shareholders file complaint with GAFI over GM Egypt capital increase plans                        <\/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\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/\" 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\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/')\">\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\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/\">\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=Saudi shareholders file complaint with GAFI over GM Egypt capital increase plans&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/\">\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\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/&title=Saudi shareholders file complaint with GAFI over GM Egypt capital increase plans\">\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=Saudi+shareholders+file+complaint+with+GAFI+over+GM+Egypt+capital+increase+plans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fsaudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans%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\/02\/07\/saudi-shareholders-file-complaint-with-gafi-over-gm-egypt-capital-increase-plans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632315\" class=\"content-area-description single-story post-632315 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\/.4f426ced-c683-4654-8b04-43b90962c77d.mp3\"><\/audio><\/figure>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> Saudi shareholders in General Motors Egypt have reportedly rejected a board decision to increase the company\u2019s issued and paid-in capital by EGP 1.78 bn to EGP 1.99 bn, from EGP 219.8 mn currently, <a href=\"https:\/\/dailynewsegypt.com\/2018\/02\/06\/general-motors-egypt-increase-capital-8-times\/\">according to Daily News Egypt<\/a>. The General Authority for Freezones and Investment (GAFI) agreed to freeze Saudi Arabia\u2019s Kaaki family\u2019s 14.7% stake in GM, after they lodged a formal complaint asking that the board\u2019s decision be investigated. The family also filed a lawsuit at the State Council (Maglis Al Dawla), according to lawyer Atef Al Sherif, who explained that the move would have come \u201cat the expense of the minority that will not be able to subscribe to the sudden increase in capital.\u201d GM Egypt had planned to issue new shares at a nominal price of EGP 840\/share, that would be paid in cash in USD to help offset the decline in performance last year as a result of an overall drop in Egypt\u2019s auto industry. GM Egypt, a joint venture with the Mansour family, has refused to comment on the case, the newspaper says.<\/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\/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=\"632317\" 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=\"632317\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/\">\r\n                            EMPC signs with Saudi company to develop Magicland theme park                        <\/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\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/\" 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\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/')\">\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\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/\">\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=EMPC signs with Saudi company to develop Magicland theme park&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/\">\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\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/&title=EMPC signs with Saudi company to develop Magicland theme park\">\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=EMPC+signs+with+Saudi+company+to+develop+Magicland+theme+park+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fempc-signs-with-saudi-company-to-develop-magicland-theme-park%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\/02\/07\/empc-signs-with-saudi-company-to-develop-magicland-theme-park\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632317\" class=\"content-area-description single-story post-632317 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\/.109b1ab0-b181-48b8-a52e-8c4d048fbb58.mp3\"><\/audio><\/figure>\n<p>The Egyptian Media Production City Company (EMPC) says it will sign a contract with an unnamed Saudi company by the end of this month to redevelop the Magicland theme park, EMPC Chairman Osama Heikal <a href=\"https:\/\/alborsanews.com\/2018\/02\/06\/1083062\">tells Al Borsa<\/a>. The agreement comes after a Chinese company hired to <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/10\/media-production-city-to-launch-international-tender-to-manage-magic-land\/\">redevelop and refurbish<\/a> the entertainment park in 2016 failed to deliver, resulting in legal disputes that ended with contract termination, according to Heikal. Heikal also confirmed that EMPC are <a href=\"https:\/\/alborsanews.com\/2018\/02\/06\/1083264\">finalizing procedures for the purchase of 100k sqm<\/a> of land in the new administrative capital but didn\u2019t reveal any further details.<\/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\/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=\"632320\" 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=\"632320\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-case\/\">\r\n                            El Zend and others acquitted in Genena slander 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\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-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\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-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\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-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=El Zend and others acquitted in Genena slander case&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-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\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-case\/&title=El Zend and others acquitted in Genena slander 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=El+Zend+and+others+acquitted+in+Genena+slander+case+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fel-zend-and-others-acquitted-in-genena-slander-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\/02\/07\/el-zend-and-others-acquitted-in-genena-slander-case\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632320\" class=\"content-area-description single-story post-632320 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\/.ba05bd8c-b620-4eb9-8bff-ffe9f7783825.mp3\"><\/audio><\/figure>\n<p>A Cairo criminal has cleared former Justice Minister Ahmed El Zend, media figure Ahmed Moussa, businessman Mohamed Abu El Enein and lawyer Samir Sabry of charges of slander leveled by former anti-corruption boss Hesham Genena, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1255553\">according to AMAY<\/a>. Genena had faced a backlash joining the political opposition calls to boycott the upcoming presidential election.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-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=\"632322\" 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=\"632322\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/\">\r\n                            Egypt mobilizes forces to western border as Libyan military bombs terrorists in Darnah                        <\/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\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/\" 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\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/')\">\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\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/\">\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 mobilizes forces to western border as Libyan military bombs terrorists in Darnah&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/\">\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\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/&title=Egypt mobilizes forces to western border as Libyan military bombs terrorists in Darnah\">\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+mobilizes+forces+to+western+border+as+Libyan+military+bombs+terrorists+in+Darnah+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F07%2Fegypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah%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\/02\/07\/egypt-mobilizes-forces-to-western-border-as-libyan-military-bombs-terrorists-in-darnah\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632322\" class=\"content-area-description single-story post-632322 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.03786f5d-dfc3-45ce-9eb4-7c41ba2e491e.mp3\"><\/audio><\/figure>\n<p>Egypt mobilized military forces to secure its western border as the Libyan National Army bombed militant-held areas near Darnah, according to a <a href=\"https:\/\/worldview.stratfor.com\/situation-report\/libya-darnah-bombing-continues-egyptian-forces-mobilize-border\">Stratfor Worldview report<\/a>. The two countries\u2019 authorities have been \u201cworking together\u201d ahead of Libya\u2019s bombing campaign.<\/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\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632323\" 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=\"632323\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/menoufia-welcomes-its-first-cinema-in-20-years\/\">\r\n                            Menoufia welcomes its first cinema in 20 years                        <\/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\/02\/07\/menoufia-welcomes-its-first-cinema-in-20-years\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Cinemas had been gradually shutting down in the governorate for years, with residents left with no option but to attend the local culture center\u2019s weekly screenings. The new cinema comes as part of an initiative by a <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=218055368602979&id=175843412499761\">group called Cinema Club<\/a>, which plans to open more theaters in outlying governorates. The initiative has opened theaters in Tanta and Gouna, and currently working on opening more in Banha, Fayoum, and Beni Suef.<\/p>\n<p><strong>Yesterday marked the International Day of Zero Tolerance for Female Genital Mutilation<\/strong>, a practice affecting an estimated 200 mn <a href=\"https:\/\/www.voanews.com\/a\/kenya-continues-the-fight-against-female-genital-mutilation\/4241371.html\">girls and women worldwide<\/a>, including here in Egypt. <a href=\"https:\/\/www.reuters.com\/article\/us-global-women-fgm-factbox\/factbox-what-is-female-genital-mutilation-where-does-it-happen-idUSKBN1FQ006\">Reuters has some facts and figures<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632325\" 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=\"632325\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/632325\/\">\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\/02\/07\/632325\/\" 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\/02\/07\/632325\/')\">\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\/02\/07\/632325\/\">\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\/02\/07\/632325\/\">\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\/02\/07\/632325\/&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%2F02%2F07%2F632325%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\/02\/07\/632325\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632325\" class=\"content-area-description single-story post-632325 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 17.6042 | Sell 17.7042<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.56 | Sell 17.66<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.59 | Sell 17.69<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 14,718 (-1.6%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.0 bn (11% BELOW the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -2.0%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session down 1.6%. CIB, the index heaviest constituent closed down 2.0%. None of the constituents ended the day in positive turnover. Yesterday\u2019s worst performing stocks were Egyptian Financial and industrial down 5.3%; Abu Dhabi Islamic Bank down 4.2%; and Egyptian Iron and Steel down 4.1%. The market turnover was EGP 1.0 bn, and regional investors were the sole net buyers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632326\" 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\/02\/07\/632326\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632326\" class=\"content-area-description single-story post-632326 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>08-11 February (Thursday-Sunday): Furnex & the Home international trade fair, Cairo International Convention Center.<\/p>\n<p>10-12 February 2018 (Saturday-Monday): <a href=\"https:\/\/www.afdb.org\/en\/news-and-events\/third-africa-forum-on-sti-building-on-science-technology-and-innovation-to-boost-private-sector-and-socio-economic-transformation-in-africa-17714\/\">Third Africa STI Forum<\/a>, Cairo.<\/p>\n<p>12-14 February 2018 (Monday-Wednesday): <a href=\"http:\/\/www.egyps.com\/\">Egypt Petroleum Show 2018<\/a> (EGYPS), New Cairo Exhibition Center.<\/p>\n<p>19-20 February 2018 (Monday-Tuesday): <a href=\"https:\/\/bankingtechnorthafrica.iqpc.ae\/\">The Banking Tech North Africa<\/a>, The Nile Ritz-Carlton, Cairo<\/p>\n<p>17-21 February 2018 (Saturday-Wednesday): <a href=\"http:\/\/www.bwe21.com\/Events\">Women For Success - Women SME's \"World of Possibilities\"<\/a> Conference, Cairo\/Luxor.<\/p>\n<p>05 March (Monday): Egypt\u2019s <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">PMI reading for February<\/a> released.<\/p>\n<p>05-07 March (Monday-Wednesday): <a href=\"https:\/\/oneonone2018.efghermes.com\/pages\/home.aspx\">EFG Hermes\u2019 One on One Conference 2018<\/a>, Atlantis, The Palm, Dubai, UAE.<\/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>08 April (Sunday): Easter Sunday, national holiday.<\/p>\n<p>09 April (Monday): Sham El Nessim, national holiday.<\/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>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>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\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":632287,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-632286","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"57b9cc70-6d4e-4734-ae64-576725dc88b5","teaser":"","photo_url":"https:\/\/ent.news\/2016\/11\/64.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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