{"id":632966,"date":"2018-02-25T04:06:51","date_gmt":"2018-02-25T04:06:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=632966"},"modified":"2025-12-17T13:04:00","modified_gmt":"2025-12-17T13:04:00","slug":"egypt-as-gas-export-hub-still-captures-the-imagination","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-as-gas-export-hub-still-captures-the-imagination\/","title":{"rendered":"Egypt as gas export hub still captures the imagination"},"content":{"rendered":"<section id=\"632968\" 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=\"632968\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p 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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/what-were-tracking-on-25-february-2018\/407-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/407.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"407.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/407.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/407.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632968\" class=\"content-area-description single-story post-632968 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Egypt\u2019s USD 4 bn in eurobonds listed on LSE:<\/strong> The listing of <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/14\/what-were-tracking-on-14-february-2018\/\">Egypt\u2019s successful USD 4 bn multi-tranche eurobonds<\/a> on the London Stock Exchange (LSE) was completed last Wednesday, the LSE said in <a href=\"http:\/\/www.mondovisione.com\/media-and-resources\/news\/egypt-successfully-raises-4bn-triple-tranche-bonds-in-london\/\">a press release on Thursday<\/a>. \u201cDespite market volatility, the order book peaked at USD 12.5 bn,\u201d the bourse added. \u201cAs a global market, LSE is committed to supporting Egypt\u2019s economic development and growth program through capital raising on our markets,\u201d said LSE CEO Nikhil Rathi. \u201cWe are honored to welcome Egypt\u2019s multi-tranche bond listing to our markets, which reflects the City\u2019s ability to provide a deep, liquid and complimentary channel of finance for the development of the country,\u201d he added. \u201cThis will send a strong message of global investor support for Egypt\u2019s economic reform programme,\u201d said the UK\u2019s Minister of State for the Foreign and Commonwealth Office and Department of International Development, Alistair Burt.<\/p><p><strong>Proceeds from the issuance have already hit Egypt<\/strong>, Finance Minister Amr El Garhy <a href=\"http:\/\/www.youm7.com\/story\/2018\/2\/22\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D9%84%D9%80-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%A7%D9%84%D8%B3%D8%A7%D8%A8%D8%B9-%D9%85%D8%B5%D8%B1-%D8%AA%D8%B3%D9%84%D9%85%D8%AA-4-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\/3662671\">told Youm7 on Thursday<\/a>, bringing Egypt\u2019s net FX reserves to around USD 41 bn, <a href=\"http:\/\/www.youm7.com\/story\/2018\/2\/24\/%D8%A7%D9%84%D8%A7%D8%AD%D8%AA%D9%8A%D8%A7%D8%B7%D9%89-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%89-%D9%8A%D8%B1%D8%AA%D9%81%D8%B9-%D9%84%D8%A3%D9%83%D8%AB%D8%B1-%D9%85%D9%86-41-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A8%D8%B9%D8%AF-%D9%88%D8%B5%D9%88%D9%84\/3663791\">banking sources told the newspaper<\/a>. We\u2019re not getting the math on this one, since the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/05\/egypts-net-fx-reserves-rose-to-usd-38-2-bn-in-january\/\">CBE reported earlier this month<\/a> that reserves in January had reached USD 38.2 bn. Assuming this is not the only source of FX in Egypt this month, the reserves figure is likely larger.<\/p><p><strong>Egypt\u2019s issuance re-opened the market for EM debt, as successful African eurobond issuances underscore.<\/strong> Investors placed USD 14 bn of orders for Kenya\u2019s USD 2 bn eurobond issuance last week Wednesday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-22\/-14-billion-order-book-shows-investors-still-crave-african-bonds\">Bloomberg notes<\/a>. Nigeria\u2019s USD 2.5 bn sale, which also followed Egypt\u2019s, landed orders for USD 12 bn. And there\u2019s more to come, apparently, from Cote D\u2019Ivoire and Ghana. \u201cThis is a hunt for yield story, it\u2019s very simple,\u201d one banker involved in the Kenya issuance <a href=\"https:\/\/www.ft.com\/content\/6e71b16a-17df-11e8-9e9c-25c814761640\">tells the Financial Times<\/a>. Two factors are bringing sub-Saharan African issuers to the market: refinancing and the funding of infrastructure projects, another banker said.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Gov\u2019t begins extensive local bank borrowing today after interest rate cuts:<\/strong> The Ismail government is increasing its appetite for domestic borrowing following the interest rate cuts with a planned EGP 16 bn T-bill sale today, <a href=\"http:\/\/www.youm7.com\/story\/2018\/2\/24\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D9%82%D8%AA%D8%B1%D8%B6-16-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87-%D9%85%D9%86-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D8%BA%D8%AF%D8%A7\/3663783\">according to Youm7<\/a>. Vice Minister of Finance Ahmed Kouchouk <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/19\/govt-planning-usd-3-4-bn-eurobond-issuance-in-fy2018-19\/\">had said last week<\/a> that Egypt will floating more EGP-denominated paper as long-term borrowing costs in Egypt get cheaper. Analysts, <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/15\/what-were-tracking-on-15-february-2017-2\/\">including those from Capital Economics<\/a>, had hoped that falling interest rates might help move domestic credit more towards the private sector, after years of heavy government borrowing that some felt had crowded out the private sector.<\/p><p><strong>Foreign Minister Sameh Shoukry is <\/strong><a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1896588810413056\"><strong>heading to Brussels and Geneva today<\/strong><\/a><strong> for a short visit<\/strong>. Shoukry is set to take part in a meeting tomorrow between the foreign ministers of the Six-Party Arab Committee on Jerusalem and their European counterparts at the EU headquarters in Brussels. He will then head to Geneva to deliver Egypt\u2019s speech at the UN Human Rights Council and the UN-sponsored Conference on Disarmament.<\/p><p><strong>Egypt ranked 117 out of 180 countries in Transparency International\u2019s <\/strong><a href=\"https:\/\/www.transparency.org\/news\/feature\/corruption_perceptions_index_2017\"><strong>2017 Corruption Perception Index<\/strong><\/a>, dropping nine spots from the previous year. Egypt\u2019s score also dropped to 32 from 34. The index measures public sector corruption, as perceived by experts and businesspeople, giving scores between 0 (highly corrupt) and 100 (very clean).<\/p><p><strong>Banners, banners everywhere: <\/strong>Campaigning for Egypt\u2019s upcoming presidential election officially kicked off yesterday, <a href=\"http:\/\/www.dailymail.co.uk\/wires\/afp\/article-5430113\/Egypt-presidential-race-starts-Sisi-favourite-win.html\">AFP reports<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Legendary investor Warren Buffett\u2019s annual letter to shareholders is out<\/strong>, and as usual, it is a model of clear, blunt writing. We\u2019re not certain this year\u2019s letter was written by the <a href=\"http:\/\/fortune.com\/2014\/07\/01\/fortunes-carol-loomis-to-retire\/\">legendary, retired Fortune writer Carol Loomis<\/a>, but her DNA is everywhere to see. Among our favorite passages: \u201c<strong>Charlie and I view the marketable common stocks that Berkshire owns as interests in businesses, not as ticker symbols to be bought or sold based on their \u2018chart\u2019 patterns, the \u2018target\u2019 prices of analysts or the opinions of media pundits.<\/strong> Instead, we simply believe that if the businesses of the investees are successful (as we believe most will be) our investments will be successful as well. Sometimes the payoffs to us will be modest; occasionally the cash register will ring loudly. And sometimes I will make expensive mistakes. Overall \u2013 and over time \u2013 we should get decent results. In America, equity investors have the wind at their back.\u201d <a href=\"http:\/\/www.berkshirehathaway.com\/letters\/2017ltr.pdf\"><strong>Read the full letter here (pdf).<\/strong><\/a><\/p><p><strong>Chinese automaker Geely, already a presence in Egypt via GB Auto, has added a 10% stake in Mercedes-Benz parent company<\/strong> Daimler to its portfolio, making it <a href=\"https:\/\/www.ft.com\/content\/68c57048-18c1-11e8-9376-4a6390addb44\">the latter\u2019s largest single shareholder<\/a>. Geely, the most globally ambitious of the Chinese automakers, already owns Volvo and Lotus.<\/p><p><strong>Oil output to rise in 2019?<\/strong> \u201cOPEC and its allies including Russia may next year ease the crude-output curbs that have helped prices recover from the worst crash in a generation, according to Saudi Arabia\u2019s oil minister,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-24\/saudis-see-oil-output-cuts-easing-in-2019-without-hurting-market\">Bloomberg reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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        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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/what-were-tracking-this-week-64\/\">\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 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 <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fwhat-were-tracking-this-week-64%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\/25\/what-were-tracking-this-week-64\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632973\" class=\"content-area-description single-story post-632973 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>Government to announce winners of PPP schools tender this week:<\/strong> The Ismail government plans to announce this week the winners of its tender for the development and management of 200 schools under public-private partnership contracts, sources close to the matter <a href=\"https:\/\/www.alborsanews.com\/2018\/02\/21\/1086921\">had told Al Borsa<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"632974\" 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=\"632974\">\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\/25\/on-the-horizon-85\/\">\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        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id=\"post-632974\" class=\"content-area-description single-story post-632974 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Our friends at EFG Hermes are hosting their 14th annual <\/strong><a href=\"https:\/\/oneonone2018.efghermes.com\/pages\/home.aspx\"><strong>One on One Conference<\/strong><\/a> in Dubai on Monday, 5 March. The three-day event is the largest investor conference globally focused on frontier and emerging markets and will bring together some 175 companies for discussions on what a year of shifting benchmarks \u2014 including oil production cuts and the prospect of US interest rate hikes \u2014 mean for emerging frontier markets.<\/p>\n<p><strong>Egypt\u2019s Emirates NBI PMI reading for February<\/strong> will be announced on Monday, 5 March.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry met with an <\/strong><a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1896707720401165\"><strong>AmCham delegation yesterday<\/strong><\/a>ahead of the upcoming <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/07\/amchams-2017-doorknock-mission-has-drawn-to-a-close-our-final-report\/\">annual Doorknock mission<\/a> to Washington DC.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632975\" 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=\"632975\">\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\/25\/new-fees-on-umrah-dominate-the-airwaves\/\">\r\n                            New fees on umrah dominate the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/new-fees-on-umrah-dominate-the-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/new-fees-on-umrah-dominate-the-airwaves\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/new-fees-on-umrah-dominate-the-airwaves\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=New fees on umrah dominate the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/new-fees-on-umrah-dominate-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\/25\/new-fees-on-umrah-dominate-the-airwaves\/&title=New fees on umrah dominate 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=New+fees+on+umrah+dominate+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fnew-fees-on-umrah-dominate-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\/25\/new-fees-on-umrah-dominate-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632975\" class=\"content-area-description single-story post-632975 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>Fees imposed by the Tourism Ministry on umrah travel for this season<\/strong> took over the debate on the airwaves last night. Our read is that the move is fundamentally a bid to control demand for FX heading during the pre-Ramadan season, when demand for foreign exchange rises as importers, manufacturers and retailers stock up on the staples of the holy month.<\/p>\n<p><strong>Tourism Minister Rania Al Mashat spoke to Hona Al Asema\u2019s Lamees Al Hadidi<\/strong> to defend the decision to set a cap of 500k visas for Egyptians and impose a fee of SAR 2-3k on travellers who have recently performed the journey, saying that it means to control the demand for the SAR that the government is committed to providing. She added that the surcharge will be reviewed next year (<a href=\"https:\/\/www.youtube.com\/watch?v=GXdZpEzAGyQ\">watch, runtime 7:48<\/a>).<\/p>\n<p><strong>The head of the Supreme Committee for Hajj and Umrah, Ashraf Shiha, also backed the decision,<\/strong> claiming that it should not affect demand since those who do the pilgrimage frequently represent only about 8-10% of total demand (<a href=\"https:\/\/www.facebook.com\/cbc.HonaAl3asema\/\">watch, runtime 6:39<\/a>). Shiha also told Al Hayah Al Youm\u2019s Tamer Amin that the quota and fees will be subject to increase or decrease next year, depending on the country\u2019s economic conditions, explaining that it burdens the state to cater to the FX demand during umrah season (<a href=\"https:\/\/www.youtube.com\/watch?v=tlyMtoPCUNs\">watch, runtime 3:52<\/a>).<\/p>\n<p><strong>Tourism industry players are losing their minds<\/strong>, calling in to say that restrictions on repeat pilgrims would be bad for the already-struggling sector. MPs Elham Menshawy and Mohamed Naggar also said they oppose the surcharge.<\/p>\n<p><strong>On Kol Youm<\/strong>, Amr Adib expressed his full support for the decision. He spoke to Endowments Minister Mohamed Mokhtar Gomaa, who said that it\u2019s preferable if people help the poor or contribute to infrastructure projects (that last bit is a new one on us) rather than go on umrah (<a href=\"https:\/\/www.youtube.com\/watch?v=SrT3BzaPvug\">watch, runtime 4:45<\/a>). Adib also clarified to his audience that the fees will not be funneled to the Tahya Misr fund but will go to a CBE account created especially for them (<a href=\"https:\/\/www.youtube.com\/watch?v=AdtwLetKE8s\">watch, runtime 5:41<\/a>).<\/p>\n<p><strong>Civilian in Sinai struggling to access subsidized food? <\/strong>On Masaa DMC, Eman El Hossary spoke to Food Industries Holding Company head Alaa Fahmy, who reassured her that citizens in North Sinai have access to sufficient food amid the military\u2019s anti-terror campaign, confirming that government outlets are well-supplied (<a href=\"https:\/\/www.youtube.com\/watch?v=LrHt988Cb5U\">watch, runtime 4:21<\/a>). The head of the North Sinai\u2019s Doctor\u2019s Syndicate called Lamees to say that Supply Ministry outlets were not in fact widely present in the area. He claimed that people have been queuing up to receive whatever limited commodities they could from the Armed Forces (<a href=\"https:\/\/www.youtube.com\/watch?v=ft-BFLR3yCU\">watch, runtime 13:45<\/a>).<\/p>\n<p><strong>Lamees also talked to President Abdel Fattah El Sisi\u2019s campaign spokesperson,<\/strong> Mohammed Abu Shuka, who said that Sisi\u2019s program would be announced soon (<a href=\"https:\/\/www.youtube.com\/watch?v=9fYhYLTaJFY\">watch, runtime 47:00<\/a>) and phoned presidential candidate Moussa Moustafa Moussa to discuss his bid (<a href=\"https:\/\/www.facebook.com\/cbc.HonaAl3asema\/videos\/2225546270818709\/\">watch, runtime 10:00<\/a>). The two also spoke to El Hossary on Masaa DMC (<a href=\"https:\/\/www.youtube.com\/watch?v=QI6IX2YJNB0\">watch here, runtime 7:52<\/a>) and (<a href=\"https:\/\/www.youtube.com\/watch?v=4jGJDacCMyA\">here, runtime 3:54<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632976\" 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=\"632976\">\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\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/\">\r\n                            Egypt might sign export agreement for East Med gas to Europe as early as mid-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\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt might sign export agreement for East Med gas to Europe as early as mid-2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/&title=Egypt might sign export agreement for East Med gas to Europe as early as mid-2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+might+sign+export+agreement+for+East+Med+gas+to+Europe+as+early+as+mid-2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fegypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypt-might-sign-export-agreement-for-east-med-gas-to-europe-as-early-as-mid-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632976\" class=\"content-area-description single-story post-632976 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt might sign an export agreement to ship East Med gas to Europe as early as mid-2018:<\/strong> Egypt will sign a memorandum of understanding with the EU to export gas from the East Mediterranean through its liquefaction plants before mid-2018, said Oil Minister Tarek El Molla at the International Petroleum Week conference in London on Thursday, according to <a href=\"http:\/\/www.petroleum.gov.eg\/ar\/MediaCenter\/LocalNews\/pages\/mop_22022018_01.aspx\">a ministry statement<\/a>.<\/p>\n<p><strong>Egypt is also closing in on an import agreement with Cyprus and Greece: <\/strong>El Molla said a preliminary agreement to import gas from Cyprus had been reached. <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/22\/cyprus-nearing-natural-gas-agreement-with-egypt\/\">Last week<\/a>, Cypriot Energy Minister Georgios Lakkotrypis said that \u201cCyprus is close to selling natural gas to Egypt\u2019s liquefied natural gas plants, and we could reach an agreement in the coming weeks.\u201d El Molla also noted that Egypt and Greece are in talks to establish a framework for further energy cooperation.<\/p>\n<p><strong>PM Ismail sees last week\u2019s USD 15 bn gas import agreement as part of int\u2019l arbitration compromise:<\/strong> Prime Minister Sherif Ismail appears to see that the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/20\/dolphinus-reportedly-signs-usd-15-bn-natural-gas-agreement-with-israel\/\">agreement signed last week<\/a>, which would see Alaa Arafa-led Dolphinus Holding import USD 15 bn-worth of gas from Israel\u2019s Delek and Noble, as part of a compromise to withdraw the USD 1.76 bn international arbitration ruling against EGAS, EGPC and East Mediterranean Gas (EMG). \u201cWe reached an agreement to receive part of the gas in Egypt via its pipelines and this is part of the resolution to the arbitration,\u201d Ismail told reporters on Thursday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-22\/egypt-says-resolving-dispute-holding-up-15-billion-israel-gas\">according to Bloomberg<\/a>. He said an understanding had also been reached with Israeli Electric Company, but declined to give more details. The agreement would also help resolve the USD 1.03 bn arbitration ruling awarded by a Cairo arbitration court to EMG, he added, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1262363\">AMAY reports<\/a>. \u201cThe goal is not the import of gas from Israel. We opened up the Egyptian market. We are strongly seeking to receive Cypriot gas, too,\u201d Ismail also said.<\/p>\n<p><strong>Private-sector solution to arbitration hurdle?<\/strong> This comes as sources close to the agreement <a href=\"https:\/\/madamirror.appspot.com\/www.madamasr.com\/ar\/2018\/02\/23\/feature\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D8%AA%D9%88%D8%A7%D8%A8%D8%B9-%D8%B5%D9%81%D9%82%D8%A9-%D8%BA%D8%A7%D8%B2-%D8%A5%D8%B3%D8%B1%D8%A7%D8%A6%D9%8A%D9%84-%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88\/\">told Mada Masr on Friday<\/a> that Delek and Noble Energy have begun talks with shareholders of EMG to acquire the company. The sources added that the pipeline, which had been used to export has to Israel, would be reversed if the transaction goes through.<\/p>\n<p><strong>Last week\u2019s agreement also opens the door to resolving a USD 270 mn arbitration case with Spanish Egyptian Gas Company (SEGAS)<\/strong>, which runs the Damietta liquefaction plant and is 80% owned by Spain\u2019s Union Fenosa, the anonymous sources said. While the status of the case is unclear, High Council for International Arbitration commissioner Judge Moustafa El Bahabety <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/10\/coffee-with-moustafa-el-bahabety-deputy-justice-minister-for-arbitration-and-international-disputes-and-the-commissioner-of-the-high-council-for-international-arbitration\/\">had told Enterprise in 2016<\/a> that the case would be resolved soon. <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL4N196366\">Union Fenosa Gas had filed<\/a> a complaint with the ICC in 2013 alleging that \u201cits state partner had failed to comply with contracts by halting gas supplies in 2012 and not making payments.\u201d The <a href=\"https:\/\/enterprise.press\/stories\/2016\/08\/30\/union-fenosa-wants-more-israeli-gas-than-previously-indicated-once-imports-begin\/\">company itself had been pushing to import gas<\/a> from Israel over the years.<\/p>\n<p>The source also added that last week\u2019s agreement to import 64 bn cubic meters of gas from Israel <strong>was only one third of the total amount of gas Egypt plans to import from Israel.<\/strong><\/p>\n<p><strong>Turkey continues to bully Cyprus, shooting itself in the foot and winning Cyprus support from the US and EU in the process: <\/strong>Now that Egypt, Israel, Cyprus and Greece have finally gotten the ball rolling on gas exports, Turkey is resorting to even more outlandish gunboat diplomacy. Cyprus accused Turkey on Friday for a second time of threatening to use force against a drillship chartered by Eni, <a href=\"https:\/\/www.reuters.com\/article\/us-cyprus-natgas-turkey\/cyprus-accuses-turkey-of-blocking-ship-again-in-gas-exploration-standoff-idUSKCN1G71MF\">according to Reuters<\/a>. Turkey has vowed to prevent Greek Cypriots from exploring for oil or gas around the ethnically-split island. Ankara\u2019s flexing of muscles led the US and the EU to signal support for Cyprus. <strong>The US supports the right of Cyprus to explore for natural gas<\/strong> and develop its resources in its Exclusive Economic Zone, a US State Department spokesperson <a href=\"https:\/\/ahvalnews.com\/cyprus\/exclusive-united-states-backs-cyprus-rights-gas-exploration\">told Ahval<\/a>. At the same time, <strong>the EU threatened to cancel a summit with Turkish potentate Erdogan next month<\/strong> as a result of the aggression. \u201cThese actions contradict Turkey\u2019s commitment to good neighborly relations,\u201d EU President Donald Tusk told reporters in Brussels on Friday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-02-23\/turkish-tensions-with-cyprus-cause-eu-to-rethink-erdogan-summit\">according to Bloomberg<\/a>.<\/p>\n<p><strong>Egypt\u2019s potential to become the region\u2019s energy hub continues to capture the imagination of the international press. <\/strong><a href=\"https:\/\/www.ft.com\/content\/f44b39a6-18dd-11e8-9e9c-25c814761640\">The Financial Times\u2019 Ed Crooks<\/a> suggests that Egypt is well on its way to being a regional gas hub after the signing of the agreement, which he paints as being <strong>as significant as the Camp David Accords<\/strong>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"632994\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"632995\" 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=\"632995\">\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\/25\/ancient-necropolis-uncovered\/\">\r\n                            Ancient necropolis uncovered                        <\/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\/25\/ancient-necropolis-uncovered\/\" 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\/25\/ancient-necropolis-uncovered\/')\">\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\/25\/ancient-necropolis-uncovered\/\">\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=Ancient necropolis uncovered&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ancient-necropolis-uncovered\/\">\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\/25\/ancient-necropolis-uncovered\/&title=Ancient necropolis uncovered\">\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=Ancient+necropolis+uncovered+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fancient-necropolis-uncovered%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\/25\/ancient-necropolis-uncovered\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2370.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"632996\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ancient-necropolis-uncovered\/2370-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2370.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2370.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2370.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2370.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632995\" class=\"content-area-description single-story post-632995 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The discovery of a 2,000 year-old necropolis just south of Cairo is topping coverage of Egypt in the foreign press this morning.<\/strong> The site near Minya contains \u201c40 stone sarcophagi, about 1,000 small statues, and a necklace charm,\u201d <a href=\"https:\/\/uk.reuters.com\/article\/uk-egypt-archaeology\/egypt-uncovers-ancient-necropolis-south-of-cairo-idUKKCN1G80QC\">according to Reuters<\/a>, which notes that it will take another five years to excavate entirely. The <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-5430077\/Archaeologists-ancient-necropolis-Egypt.html\">Daily Mail<\/a>, and <a href=\"https:\/\/www.usatoday.com\/story\/news\/world\/2018\/02\/24\/major-discovery-egypt-uncovers-2-000-year-old-cemetery\/370178002\/\">USA Today<\/a> are among those who also carried the story.<\/p>\n<p><strong>The crackdown on dissent and freedoms under President Abdel Fattah El Sisi is like a \u201cshadow\u201d that hangs over Egypt<\/strong>, Orla Guerin <a href=\"http:\/\/www.bbc.co.uk\/news\/resources\/idt-sh\/shadow_over_egypt\">writes in a lengthy piece for the BBC<\/a> that is getting wide attention on social media.<\/p>\n<p><strong>Harassment and assault of Egypt\u2019s women is getting some attention from Saudi outlets, of all places<\/strong>, with Lamiaa Elkholy penning a piece for <a href=\"https:\/\/english.alarabiya.net\/en\/features\/2018\/02\/21\/Tracing-the-traumatic-history-of-sexual-assault-in-Egypt.html\">Al Arabiya<\/a> that has also been picked up by <a href=\"http:\/\/saudigazette.com.sa\/article\/529055\/World\/Mena\/Egypt-Terrible-and-painful-history-of-sexual-assaults\">the Saudi Gazette<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-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=\"632999\" 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=\"632999\">\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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/\">\r\n                            Egypt\u2019s state media must open up to opposition voices                        <\/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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/\" 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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/')\">\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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s state media must open up to opposition voices&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/egypts-state-media-must-open-up-to-opposition-voices\/\">\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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/&title=Egypt\u2019s state media must open up to opposition voices\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+state+media+must+open+up+to+opposition+voices+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fegypts-state-media-must-open-up-to-opposition-voices%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\/25\/egypts-state-media-must-open-up-to-opposition-voices\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-632999\" class=\"content-area-description single-story post-632999 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>Egypt\u2019s state media must open up to opposition voices to stop them and the viewers from resorting to foreign media<\/strong>, Emad El Din Hussein <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=21022018&id=7e3f9b77-5685-418c-bfeb-6e82352d0491\">writes for Al Shorouk<\/a>. He looks at the cases of Genena, Anan, and Aboul Fotouh, all of whom, he writes, had no choice but to turn to Qatari media to have their voices heard.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633000\" 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=\"633000\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/\">\r\n                            Diplomacy + Foreign Trade on 25 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\/25\/diplomacy-foreign-trade-on-25-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(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Diplomacy + Foreign Trade on 25 February 2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/&title=Diplomacy + Foreign Trade on 25 February 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Diplomacy+%2B+Foreign+Trade+on+25+February+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fdiplomacy-foreign-trade-on-25-february-2018%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/diplomacy-foreign-trade-on-25-february-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633000\" class=\"content-area-description single-story post-633000 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>KSA, UAE, Qatari leaders to hold separate meetings with Trump in Washington:<\/strong> The leaders of Saudi, Abu Dhabi, and Qatar are each planning to meet with US President Donald Trump in Washington in March and April, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-gulf-visits\/saudi-uae-qatari-leaders-to-visit-trump-in-march-april-idUSKCN1G8019\">Reuters reports<\/a>. The separate meetings come as the US attempts to mediate a resolution to the Arab Quartet\u2019s spat with Qatar, which would clear the path for talks on \u201cother strategic concerns like Iran,\u201d according to a US official. It remains unclear whether Trump plans on meeting leaders from Bahrain and Egypt \u2014 the other two members of the quartet.<\/p>\n<p><strong>Egypt and Azerbaijan signed on Thursday two separate MoUs to increase the two countries\u2019 investments and trade<\/strong>, according to an <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=A&MedId=9543\">Investment Ministry statement<\/a>.<\/p>\n<p><strong>Investment Minister Sahar Nasr met with Lebanese Prime Minister Saad Al Hariri<\/strong>, according to a <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=A&MedId=9544\">ministry statement<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633001\" 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=\"633001\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/\">\r\n                            Oil Ministry to up crude oil output by 10,000 bbl\/d in March                        <\/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\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/\" 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\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/')\">\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\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/\">\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=Oil Ministry to up crude oil output by 10,000 bbl\/d in March&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/\">\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\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/&title=Oil Ministry to up crude oil output by 10,000 bbl\/d in March\">\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=Oil+Ministry+to+up+crude+oil+output+by+10%2C000+bbl%2Fd+in+March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Foil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march%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\/25\/oil-ministry-to-up-crude-oil-output-by-10000-bbl-d-in-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633001\" class=\"content-area-description single-story post-633001 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\/.ed6ff4be-4186-4b25-8caa-74f21af3cc3d.mp3\"><\/audio><\/figure>\n<p>The Oil Ministry expects Egypt\u2019s output of crude oil to rise by 10,000 bbl\/d to 661k bbl\/d before the end of March, EGPC boss Abed Ezz El Regal <a href=\"https:\/\/alborsanews.com\/2018\/02\/24\/1087571\">tells Al Borsa<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633002\" 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=\"633002\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/\">\r\n                            Work on regional ring road to be completed by Ramadan                        <\/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\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/\" 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\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/')\">\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\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/\">\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=Work on regional ring road to be completed by Ramadan&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/\">\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\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/&title=Work on regional ring road to be completed by Ramadan\">\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=Work+on+regional+ring+road+to+be+completed+by+Ramadan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fwork-on-regional-ring-road-to-be-completed-by-ramadan%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\/25\/work-on-regional-ring-road-to-be-completed-by-ramadan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633002\" class=\"content-area-description single-story post-633002 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\/.72f0b55d-4541-4405-ac2f-8df426f0b010.mp3\"><\/audio><\/figure>\n<p>The new EGP 4 bn regional ring road will be completed before Ramadan starts in mid-May, Transport Minister Hisham Arafat said yesterday, <a href=\"https:\/\/alborsanews.com\/2018\/02\/24\/1087493\">according to Al Borsa<\/a>. Work has been stepped up to complete the project in time.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633003\" 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=\"633003\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/\">\r\n                            Ibn Sina to develop two projects for EGP 1 bn in 2H2018                        <\/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\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/\" 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\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/')\">\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\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/\">\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=Ibn Sina to develop two projects for EGP 1 bn in 2H2018&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/\">\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\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/&title=Ibn Sina to develop two projects for EGP 1 bn in 2H2018\">\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=Ibn+Sina+to+develop+two+projects+for+EGP+1+bn+in+2H2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018%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\/25\/ibn-sina-to-develop-two-projects-for-egp-1-bn-in-2h2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633003\" class=\"content-area-description single-story post-633003 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.6f4ba6e9-55e8-4a58-bf2d-8b7934e42785.mp3\"><\/audio><\/figure>\n<p>Ibn Sina for Hotels and Resorts is planning to develop two projects in 2H2018 with initial investments of EGP 1 bn, Vice Chairman Atef Ibrahim <a href=\"http:\/\/almalnews.com\/Story\/366363\/16\/%D8%A7%D8%A8%D9%86-%D8%B3%D9%8A%D9%86%D8%A7-%D8%AA%D9%86%D9%81%D8%B0-%D9%85%D8%B4%D8%B1%D9%88%D8%B9%D9%8A%D9%86-%D8%A8%D8%AA%D9%83%D9%84%D9%81%D8%A9-%D9%85%D8%A8%D8%AF%D8%A6%D9%8A%D8%A9-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AC%D9%86%D9%8A%D9%87\">tells Al Mal<\/a>. The first is an EGP 700 mn residential project in Six October City and the second is an EGP 300 mn hotel in Hurghada.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633004\" 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=\"633004\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/\">\r\n                            Uzbekistan and Egypt to resume direct flights \u201csoon\u201d                        <\/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\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/\" 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\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/')\">\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\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/\">\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=Uzbekistan and Egypt to resume direct flights \u201csoon\u201d&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/\">\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\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/&title=Uzbekistan and Egypt to resume direct flights \u201csoon\u201d\">\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=Uzbekistan+and+Egypt+to+resume+direct+flights+%E2%80%9Csoon%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fuzbekistan-and-egypt-to-resume-direct-flights-soon%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\/25\/uzbekistan-and-egypt-to-resume-direct-flights-soon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633004\" class=\"content-area-description single-story post-633004 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\/.b6ad987e-763a-4642-8d1c-1e16971453a3.mp3\"><\/audio><\/figure>\n<p>Talks are underway to bring back direct flights between Egypt and Uzbekistan, which had been halted in 2008 due to low demand, Uzbek ambassador in Cairo, Oybek Usmanov Arifbekovich, <a href=\"http:\/\/www.almalnews.com\/Story\/366370\/58\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A3%D9%88%D8%B2%D8%A8%D8%A7%D9%83%D8%B3%D8%AA%D8%A7%D9%86-%D8%B9%D9%88%D8%AF%D8%A9-%D8%A7%D9%84%D8%B7%D9%8A%D8%B1%D8%A7%D9%86-%D8%A7%D9%84%D9%85%D8%A8%D8%A7%D8%B4%D8%B1-%D9%85%D8%B9-%D9%85%D8%B5%D8%B1---%D9%82%D8%B1%D9%8A%D8%A8%D8%A7\">tells Al Mal<\/a>. The two sides are also discussing the launch of charter flights between Tashkent and Cairo, Hurghada, and Sharm El Sheikh.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633005\" 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=\"633005\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/\">\r\n                            Mansour Group planning expansion into Iraq and Libya                        <\/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\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/\" 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\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/')\">\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\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/\">\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=Mansour Group planning expansion into Iraq and Libya&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/\">\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\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/&title=Mansour Group planning expansion into Iraq and Libya\">\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=Mansour+Group+planning+expansion+into+Iraq+and+Libya+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fmansour-group-planning-expansion-into-iraq-and-libya%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\/25\/mansour-group-planning-expansion-into-iraq-and-libya\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633005\" class=\"content-area-description single-story post-633005 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\/.df966b4c-81e5-4d08-8a42-3ffdbe7825da.mp3\"><\/audio><\/figure>\n<p>Mansour Group is reportedly seeking the rights to Opel in Iraq and Libya, a company official said on Thursday, <a href=\"http:\/\/www.almalnews.com\/Story\/366192\/18\/%D8%A7%D9%84%D9%85%D9%86%D8%B5%D9%88%D8%B1-%D8%AA%D8%AA%D9%81%D8%A7%D9%88%D8%B6-%D9%85%D8%B9-%D8%A3%D9%88%D8%A8%D9%84-%D9%84%D9%84%D8%A7%D8%B3%D8%AA%D8%AD%D9%88%D8%A7%D8%B0-%D8%B9%D9%84%D9%89-%D9%88%D9%83%D8%A7%D9%84%D8%AA%D9%87%D8%A7-%D9%81%D9%89-%D9%84%D9%8A%D8%A8%D9%8A%D8%A7-%D9%88%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82\">according to Al Mal<\/a>. Mansour already has Chevrolet dealerships in both countries and has managed to secure other distribution lines in other African countries through other partnerships. Mansour Group also wants to get into importing electric vehicles in Egypt, said Khedr, adding that the company is awaiting government policies on electric car assembly, which it hopes means incentives, and the expansion of electric vehicle infrastructure. Mansour Group managed to snag distribution rights to Peugeot cars from Cairo for Development and Cars Manufacturing and <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/21\/mansour-group-to-begin-selling-peugeot-in-april\/\">plans to begin selling them in April<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"633006\" 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=\"633006\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\">\r\n                            Tharwa Capital requests FRA approval for PHD\u2019s EGP 350 mn securitized bonds issuance                        <\/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\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\" 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\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/')\">\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\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\">\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=Tharwa Capital requests FRA approval for PHD\u2019s EGP 350 mn securitized bonds issuance&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\">\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\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/&title=Tharwa Capital requests FRA approval for PHD\u2019s EGP 350 mn securitized bonds issuance\">\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=Tharwa+Capital+requests+FRA+approval+for+PHD%E2%80%99s+EGP+350+mn+securitized+bonds+issuance+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Ftharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance%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\/25\/tharwa-capital-requests-fra-approval-for-phds-egp-350-mn-securitized-bonds-issuance\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633006\" class=\"content-area-description single-story post-633006 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.1df586fe-5b8b-442c-99fe-e412e0e665c8.mp3\"><\/audio><\/figure>\n<p>Tharwa Capital has requested approval from the Financial Regulatory Authority (FRA) for Palm Hills Developments\u2019 (PHD) EGP 300-350 mn securitized bonds issuance, Tharwa Managing Director Ayman El Sawy <a href=\"https:\/\/alborsanews.com\/2018\/02\/22\/1086622\">tells Al Borsa<\/a>. PHD had <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/07\/phd-to-delay-securitization-plan-until-interest-rate-drops\/\">decided last year<\/a> to delay the issuance until after interest rates drop, and was <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/13\/phd-considers-upping-securitized-bond-issuance-to-egp-1-6-bn-next-year\/\">considering upping the issuance<\/a> to EGP 1.6 bn. Tharwa had been tapped to manage the issuance <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/24\/sarwa-capital-to-manage-phds-securitized-bond-issuance\/\">back in 2016<\/a>, while preliminary underwriters for the transactions will be CIB and Attijariwafa Bank.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633008\" 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=\"633008\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/\">\r\n                            SCZone to resolve all investment disputes in Ain Sokhna by year\u2019s end, says Mamish                        <\/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\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/\" 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\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/')\">\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\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/\">\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=SCZone to resolve all investment disputes in Ain Sokhna by year\u2019s end, says Mamish&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/\">\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\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/&title=SCZone to resolve all investment disputes in Ain Sokhna by year\u2019s end, says Mamish\">\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=SCZone+to+resolve+all+investment+disputes+in+Ain+Sokhna+by+year%E2%80%99s+end%2C+says+Mamish+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fsczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish%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\/25\/sczone-to-resolve-all-investment-disputes-in-ain-sokhna-by-years-end-says-mamish\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633008\" class=\"content-area-description single-story post-633008 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\/.08542e80-620e-4922-bbb2-6236094eef8e.mp3\"><\/audio><\/figure>\n<p>The Suez Canal Zone (SCZone) has approved investment dispute settlements with three companies operating in Ain Sokhna, <a href=\"https:\/\/www.facebook.com\/SCZONE.EG\/posts\/1008002576023360\">according to a statement<\/a>. The approvals will be referred to the Ismail Cabinet\u2019s investment dispute resolution committee for sign-off before being ratified. The SCZone expects to resolve all outstanding investment disputes by year\u2019s end, according to SCZone chief Mohab Mamish.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633010\" 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=\"633010\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/\">\r\n                            Ministries to move to new administrative capital 1H2019                        <\/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\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/\" 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\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/')\">\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\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/\">\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=Ministries to move to new administrative capital 1H2019&url=https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/\">\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\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/&title=Ministries to move to new administrative capital 1H2019\">\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=Ministries+to+move+to+new+administrative+capital+1H2019+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2018%2F02%2F25%2Fministries-to-move-to-new-administrative-capital-1h2019%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\/25\/ministries-to-move-to-new-administrative-capital-1h2019\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633010\" class=\"content-area-description single-story post-633010 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\/.73194d14-28bb-4413-aa98-3f5446e82e60.mp3\"><\/audio><\/figure>\n<p>Government offices will be moved to the new administrative capital in 1H2019, Planning Minister Hala El Said said yesterday, <a href=\"http:\/\/almalnews.com\/Story\/366447\/14\/%D8%A7%D9%84%D8%B9%D9%84%D9%8A%D8%A7-%D9%84%D9%84%D8%AD%D8%AC-50-%D8%A3%D9%84%D9%81-%D9%85%D9%88%D8%A7%D8%B7%D9%86-%D9%8A%D9%83%D8%B1%D8%B1%D9%88%D9%86-%D8%A7%D9%84%D8%B9%D9%85%D8%B1%D8%A9-%D8%B3%D9%86%D9%88%D9%8A%D8%A7-%D9%88%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D8%B1%D8%B3%D9%88%D9%85-%D8%B6%D8%B1%D9%88%D8%B1%D9%8A\">according to Al Mal<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"633011\" 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=\"633011\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/chief-of-staff-attends-final-stage-of-france-egypt-cleopatra-2018-naval-exercise\/\">\r\n                            Chief of Staff attends final stage of France-Egypt \u201cCleopatra 2018\u201d naval exercise                        <\/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\/25\/chief-of-staff-attends-final-stage-of-france-egypt-cleopatra-2018-naval-exercise\/\" 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\/25\/chief-of-staff-attends-final-stage-of-france-egypt-cleopatra-2018-naval-exercise\/')\">\n                    Copy Link                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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1971.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1971.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1971.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/1971.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633011\" class=\"content-area-description single-story post-633011 post type-post status-publish format-standard has-post-thumbnail 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\/.40ed009c-ac5d-42d5-9e43-545d0f210536.mp3\"><\/audio><\/figure>\n<p>Egypt and France concluded the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/20\/egypt-france-launch-cleopatra-2018-naval-exercise-in-red-sea\/\">Cleopatra 2018<\/a> joint naval exercise in the Red Sea yesterday, <a href=\"https:\/\/www.facebook.com\/EgyArmySpox\/posts\/1241093332688313\">an Armed Forces' statement said<\/a>.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"633013\" 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=\"633013\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/tourists-flock-to-aswans-abu-simbel-temple-for-sun-festival\/\">\r\n                            Tourists flock to Aswan\u2019s Abu Simbel temple for Sun Festival                        <\/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 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       \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\/25\/tourists-flock-to-aswans-abu-simbel-temple-for-sun-festival\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2062.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"633014\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/tourists-flock-to-aswans-abu-simbel-temple-for-sun-festival\/2062-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2062.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2062.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2062.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2018\/2\/2062.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633013\" class=\"content-area-description single-story post-633013 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a href=\"https:\/\/www.voanews.com\/a\/egypt-sun-festival\/4266365.html\"><strong>VOA News<\/strong><\/a><strong> put together a photo gallery of tourists flocking to Aswan\u2019s Abu Simbel temple last Thursday for the twice-annual Sun Festival<\/strong>, during which a beam of sunlight shines on the statues of King Ramses II, Queen Nefertari, and god Amun Re.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633015\" 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=\"633015\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/25\/633015\/\">\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\" 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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 17.64 | Sell 17.74<strong><br \/>\n EGP \/ USD at CIB:<\/strong> Buy 17.62 | Sell 17.72<br \/>\n <strong>EGP \/ USD at NBE: <\/strong>Buy 17.59 | Sell 17.69<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 15,319 (+0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (15% ABOVE the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +2.0%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.5%. CIB, the index heaviest constituent closed up 1.2%. EGX30\u2019s top performing constituents were Abu Dhabi Islamic Bank up 7.1%; Abu Qir Fertilizers up 4.2%; and Amer Group up 3.5%. Thursday\u2019s worst performing stocks were Egypt Aluminum down 2.3%; Egyptian Iron & Steel down 1.7%; and Palm Hills down 1.7%. The market turnover was EGP 1.3 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -42.5 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -35.6 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +78.1 mn<\/p>\n<p><strong>Retail<\/strong>: 57.8% of total trades | 54.7% of buyers | 60.9% of sellers<br \/>\n <strong>Institutions<\/strong>: 42.2% of total trades | 45.3% of buyers | 39.1% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 23.0% of total | 21.3% of buyers | 24.7% of sellers<br \/>\n <strong>Regional:<\/strong> 16.5% of total | 15.1% of buyers | 17.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 60.5% of total | 63.6% of buyers | 57.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 63.55 (+1.24%)<br \/>\n <strong>Brent:<\/strong> USD 67.31 (+1.39%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.63 MMBtu, (-0.34%, Ma 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,330.3 \/ troy ounce (-0.18%)<\/p>\n<p><strong>TASI:<\/strong> 7,525.22 (+0.26%) (YTD: +4.14%)<br \/>\n <strong>ADX:<\/strong> 4,579.6 (-0.09%) (YTD: +4.12%)<br \/>\n <strong>DFM:<\/strong> 3,286.54 (+0.03%) (YTD: -2.48%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 410.14 (+0.39%) (YTD: +2.17%)<br \/>\n <strong>QE:<\/strong> 9,096.36 (-0.25%) (YTD: +6.72%)<br \/>\n <strong>MSM:<\/strong> 4,972.01 (-0.31%) (YTD: -2.5%)<br \/>\n <strong>BB: <\/strong>1,351.81 (+0.01%) (YTD: +1.51%)<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"633016\" 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\/25\/633016\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-633016\" class=\"content-area-description single-story post-633016 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>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>07-11 March (Wednesday-Sunday): ITB Berlin Convention, Berlin, Germany.<\/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>02-03 May (Wednesday-Thursday): Cisco Connect Egypt 2018, Nile Ritz-Carlton Hotel, Cairo.<\/p>\n<p>4-6 May 2018 (Friday-Sunday): <a href=\"http:\/\/icnt.org\/index.html\">International Conference on Network Technology (ICNT 2018)<\/a>, venue TBD, Cairo.<\/p>\n<p>15 May (Tuesday): Expected date for the start of Ramadan (TBC).<\/p>\n<p>15-17 June (Friday-Sunday): Eid Al Fitr (TBC), national holiday (Look for possible Monday off given the first day falls on a Friday).<\/p>\n<p>21-25 August (Tuesday-Saturday): Eid Al Adha (TBC), national holiday.<\/p>\n<p>11 September (Tuesday): Islamic New Year (TBC), national holiday.<\/p>\n<p>06 October (Saturday): Armed Forces Day, national holiday.<\/p>\n<p>20 November (Tuesday): Prophet's Birthday (TBC), national holiday.<\/p>\n<p>22 November (Thursday): US Thanksgiving.<\/p>\n<p>25 December (Tuesday): Western Christmas.<\/p>\n<p>01 January 2019 (Tuesday): New Year's Day, national holiday.<\/p>\n<p>07 January 2019 (Monday): Coptic Christmas.<\/p>\n<p>25 January 2019 (Friday): Police Day, national holiday.<\/p>\n<p>25 April 2019 (Thursday): Sinai Liberation day, national holiday.<\/p>\n<p>28 April 2019 (Sunday): Easter Sunday, national holiday.<\/p>\n<p>29 April 2019 (Monday): Easter Monday, national holiday.<\/p>\n<p>01 May 2019 (Wednesday): Labor Day, national holiday.<\/p>\n<p>06 May 2019 (Monday): First day of Ramadan (TBC).<\/p>\n<p>05-06 June 2019 (Wednesday-Thursday): Eid El Fitr (TBC).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":632967,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-632966","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"3c4dbcb3-7f7d-4f1e-a883-40e277e27ba7","teaser":"","photo_url":"https:\/\/ent.news\/2018\/2\/1652.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt as gas export hub still captures the imagination - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/egypt-as-gas-export-hub-still-captures-the-imagination\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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