{"id":635666,"date":"2017-12-11T04:09:41","date_gmt":"2017-12-11T04:09:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=635666"},"modified":"2025-12-17T14:29:30","modified_gmt":"2025-12-17T14:29:30","slug":"inflation-eases-again-exports-tourism-and-remittances-are-all-upoh-and-shabolla-is-back","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-eases-again-exports-tourism-and-remittances-are-all-upoh-and-shabolla-is-back\/","title":{"rendered":"Inflation eases again + exports, tourism and remittances are all up\r\n(Oh, and Sha'bolla is back)"},"content":{"rendered":"<section id=\"635668\" 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=\"635668\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/what-were-tracking-on-11-december-2017\/\">\r\n                            What we\u2019re tracking on 11 December 2017                        <\/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\/2017\/12\/11\/what-were-tracking-on-11-december-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Also on the agenda are potential arms sales. We have confirmation from Ittihadiya that some sort of accord will be inked during the summit to get the ball rolling on the USD 30 bn power plant, but it remains unclear when exactly the contracts will be signed and sealed. We have more in today\u2019s Speed Round, below.<\/p><p><strong>El Sisi is also set to meet with Palestinian President Mahmoud Abbas in Cairo today<\/strong> for <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/310173529502034\/?type=3\">one-on-one talks<\/a> on the US\u2019 declaration last week recognizing Jerusalem as the official capital of Israel. Abbas <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10122017&amp;id=9fdc62bd-46fa-4257-ab22-69f15ca6f413\">arrived in Cairo last night<\/a> as modest numbers of demonstrators hit the streets in cities including Cairo and Alexandria to protest moving the US embassy to Jerusalem, <a href=\"https:\/\/egyptianstreets.com\/2017\/12\/10\/egypt-protests-over-trumps-decision-to-move-the-american-embassy-to-jerusalem\/\">Egyptian Streets reports<\/a>. Meanwhile, the Arab League adopted yesterday a resolution demanding that US President Donald Trump rescind the declaration, the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/arab-ministers-demand-reversal-of-trump-jerusalem-decision\/2017\/12\/09\/c19ed5f2-dd3d-11e7-a241-0848315642d0_story.html?utm_term=.7a7065005219\">AP\u2019s Hamza Hendawi reports<\/a>.<\/p><p><strong>A House delegation is meeting with European Parliament officials today<\/strong> to discuss legislative and economic developments in Egypt, Egypt\u2019s ambassador to Belgium Khaled El Bakly <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1230054\">tells Al Masry Al Youm<\/a>. The delegation, headed by House Planning Committee Chairman Hassan Eissa, is making the pitch for investment over loans as the best way to spur economic development in Egypt.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>***<\/strong><a href=\"https:\/\/www.surveymonkey.com\/r\/Enterprise4Q2017survey\"><strong>Take our end-of-year survey \u2014 get a bag of Enterprise-branded coffee and cool mugs from which to drink it:<\/strong><\/a> It\u2019s that time of the year again \u2014 we want you to help us gauge how well business went during the year. What are the biggest challenges you faced during the year? Where will the exchange rate stabilise? How big do you expect your employer\u2019s raises to be? Are you hiring? Help us find out. You\u2019ll get the chance to become one of 25 people who\u2019ll get our end of year giveaway package consisting of Enterprise swag and our first-ever Enterprise-branded batch of coffee, which we\u2019ve put together with good friends in the coffee business. (More on that in a later issue.)<\/p><p>Making headlines in the global business and finance press:<\/p><p><strong>Bitcoin futures began trading overnight on a Chicago futures exchange. <\/strong>There was enough interest that the exchange\u2019s website bonked multiple times under the load. January bitcoin contracts opened at USD 15k and were trading at USD 16,250 at about 4:20am CLT. <a href=\"http:\/\/cfe.cboe.com\/cfe-products\/xbt-cboe-bitcoin-futures\">Tap or click here to check out the CBOE page and get bitcoin future trading data<\/a>. The story is front-page news for the <a href=\"https:\/\/www.wsj.com\/articles\/bitcoin-futures-launch-stokes-fears-of-manipulation-hacks-glitches-1512907201\">Wall Street Journal<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/uk-bitcoin-futures-cboe\/bitcoin-futures-start-trading-on-cboe-exchange-idUSKBN1E40XR\">Reuters<\/a>. Need to get up to speed? The guy on the bitcoin beat for the Journal since 2013 has a video explainer about the cryptocurrency (<a href=\"http:\/\/www.wsj.com\/video\/bitcoin-101-what-it-is-how-to-invest\/768D663F-F641-4417-BA8E-2AD705863719.html\">watch, runtime: 1:44<\/a>). And as always, one of your go-to resources for bitcoin news should be <a href=\"https:\/\/www.coindesk.com\/bitcoin-futures-launch-sees-price-spike-cboe-website-crashes\/\">Coindesk<\/a>.<\/p><p><strong>Which brings to mind the best bitcoin joke we\u2019ve read recently on the tweeter<\/strong> (which isn\u2019t saying much, as jokes go): \u201cYou want to borrow USD 10,000 to travel across Europe this summer, son? In bitcoin? What are you going to do with USD 14,736? I mean, really, USD 9,812 is a lot of money. How are you going to pay back USD 11,923?\u201d<\/p><p><strong>The World Trade Organization is meeting in Buenos Aires, and EU officials are using it as a platform to take a swipe at The Donald\u2019s trade policies<\/strong>, <a href=\"https:\/\/www.wsj.com\/articles\/eu-officials-warn-of-risk-to-global-trade-1512933749\">the Wall Street Journal<\/a> reports: \u201cEuropean Union officials said the U.S. is threatening to cripple global commerce by undermining the World Trade Organization,\u201d the Journal reports, \u201cEU officials said the U.S. is pulling back from its position as the world\u2019s pre-eminent guardian of free trade, and that the resulting lack of broader ambition among WTO members will likely make the trade gathering unproductive.\u201d The ministerial gathering runs through Wednesday, and you can <a href=\"https:\/\/www.wto.org\/english\/thewto_e\/minist_e\/mc11_e\/mc11_e.htm\">check out the agenda here<\/a>.<\/p><p>And for your morning dose of miscellany:<\/p><ul type=\"disc\">\n<li><strong>Robots will transform fast food<\/strong>, reports <a href=\"https:\/\/www.theatlantic.com\/magazine\/archive\/2018\/01\/iron-chefs\/546581\/\">the Atlantic<\/a>. If that\u2019s a challenge for policymakers on the other side of the pond, what does it mean for tens of thousands of jobs here?<\/li>\n<li><strong>Don\u2019t feel smug, \u201cprofessional managers\u201d:<\/strong> Check out the Wall Street Journal\u2019s <a href=\"https:\/\/www.wsj.com\/articles\/meet-your-new-boss-an-algorithm-1512910800\">Meet your new boss: an algorithm<\/a>. Uber, GE and Shell are already rolling out algorithmic overlords for their full- and part-time workforces.<\/li>\n<li><strong>\u201cSaudi Aramco prepares for life after oil\u201d <\/strong>is this morning\u2019s Big Read in <a href=\"https:\/\/www.ft.com\/content\/e46162ca-d9a6-11e7-a039-c64b1c09b482\">the Financial Times<\/a>.<\/li>\n<li><strong>We love New Zealand<\/strong>, but the <a href=\"https:\/\/www.ft.com\/content\/66c16b5e-d8b5-11e7-a039-c64b1c09b482\">Kiwis aren\u2019t certain<\/a> they love the notion of us buying property over there. <\/li>\n<li><strong>Wait, what? <\/strong>\u201cChild marriage in US is becoming less common but there were still 207,000 minors married between 2000 and 2015,\u201d <a href=\"https:\/\/twitter.com\/kenroth\/status\/939485584858533888\">tweets HRW\u2019s boss<\/a> with a link to <a href=\"https:\/\/www.economist.com\/news\/united-states\/21732104-defenders-right-minor-marry-can-be-found-surprising-places-child-marriage\">this piece in the Economist<\/a>.<\/li>\n<\/ul><p>Last, but not least, Ars Technica has a guide to help you choose a gift for the true geek on your holiday shopping list: <a href=\"https:\/\/arstechnica.com\/gaming\/2017\/12\/ars-technicas-ultimate-board-game-buyers-guide\/\"><strong>Ars Technica\u2019s ultimate board game buyer\u2019s guide<\/strong><\/a>. Even in a techie household such as ours, you need to know: <strong>You haven\u2019t laughed since you\u2019ve trash-talked family members while playing a board game with them.<\/strong> Monopoly will do. We particularly like this <a href=\"https:\/\/www.amazon.com\/Netflix-Stranger-Things-Monopoly-Board\/dp\/B076LZZBSR\">Stranger Things themed set<\/a>.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635669\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n    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rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-hipqdqs\" data-v=\"4\" data-block-id=\"hipqdqs\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-hipqdqs-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-hipqdqs-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n   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draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-tdbeg9i\" data-v=\"4\" data-block-id=\"tdbeg9i\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-tdbeg9i-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-tdbeg9i-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635670\" 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=\"635670\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/what-were-tracking-this-week-86\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/what-were-tracking-this-week-86\/\" 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\/2017\/12\/11\/what-were-tracking-this-week-86\/')\">\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\/2017\/12\/11\/what-were-tracking-this-week-86\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/what-were-tracking-this-week-86\/\">\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\/2017\/12\/11\/what-were-tracking-this-week-86\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fwhat-were-tracking-this-week-86%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\/2017\/12\/11\/what-were-tracking-this-week-86\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635670\" class=\"content-area-description single-story post-635670 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>Adventurer and entrepreneur Omar Samra and triathlete Omar Nour will begin their epic 5,000 km journey across the Atlantic ocean on nothing but a rowboat tomorrow.<\/strong> We wish them all them best on a feat that has been accomplished fewer times than humans have gone into space.<\/p>\n<p><strong>CFLD\u2019s new capital contract should be clear this week: <\/strong>We should find out this week when China Fortune Land Development Company (CFLD) will sign contracts to develop 14k feddans in phase one of the new administrative capital, government sources said over the weekend. CFLD is planning to spend USD 4 bn developing parts of the new city over the next five years, a figure it plans to increase to USD 13.5 bn over the next ten years. The head of commercial affairs at China's embassy, Han Bing, says that \u201cwe are very optimistic about the participation of Chinese companies in the new capital\u201d (<a href=\"https:\/\/www.youtube.com\/watch?v=uFFeXmpkAyM\">watch, runtime 02:17<\/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-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=\"635671\" 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=\"635671\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/\">\r\n                            Talking heads busy themselves with Dabaa contract signing, inflation rates, and the latest on Jerusalem                        <\/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\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/\" 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\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/')\">\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\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/\">\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=Talking heads busy themselves with Dabaa contract signing, inflation rates, and the latest on Jerusalem&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/\">\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\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/&title=Talking heads busy themselves with Dabaa contract signing, inflation rates, and the latest on Jerusalem\">\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=Talking+heads+busy+themselves+with+Dabaa+contract+signing%2C+inflation+rates%2C+and+the+latest+on+Jerusalem+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Ftalking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem%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\/2017\/12\/11\/talking-heads-busy-themselves-with-dabaa-contract-signing-inflation-rates-and-the-latest-on-jerusalem\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635671\" class=\"content-area-description single-story post-635671 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>The talking heads busied themselves with a variety of topics last night, ranging from the expected signing of the Dabaa contracts today to the drop in the country\u2019s annual inflation rate.<\/p>\n<p><strong>President Abdel Fattah El Sisi and Russian President Vladimir Putin will be signing an accord today that will signal the start of the Dabaa nuclear power plant project, <\/strong>Ittihadiya Spokesperson Bassam Rady confirmed to Masaa DMC\u2019s Eman El Hosary. On the agenda for Putin\u2019s one-day stop in Cairo is also the resumption of direct Russian flights, and other bilateral and regional issues, including the latest in Libya and Syria, and anti-terrorism efforts (<a href=\"https:\/\/www.youtube.com\/watch?v=UyayFcU4cjw\">watch, runtime: 8:20<\/a>).<\/p>\n<p>Over on Kol Youm, <strong>CAPMAS head Abu Bakr El Gendy reminded everyone that a drop in inflation rates will not result in a drop in prices<\/strong>, as he proceeded to lecture Amr Adib on the basics of economics. He stressed that the goal is to reduce the rate of price increases, and that m-o-m rates are the most important to keep an eye on, attributing the 1% m-o-m rise in inflation in November to hiked cigarette prices and consumers stocking up on winter clothes (<a href=\"https:\/\/www.youtube.com\/watch?v=pIKBCU7VUAQ\">watch, runtime: 14:33<\/a>).<\/p>\n<p><strong>Hona Al Asema\u2019s Lamees Al Hadidi, meanwhile, whizzed through the key points<\/strong> in November\u2019s inflation figures and consumer price index (<a href=\"https:\/\/www.youtube.com\/watch?v=WJl8frHVA8w\">watch, runtime: 4:41<\/a>).<\/p>\n<p><strong>Lamees also spoke to Arab League Assistant Secretary-General Hossam Zaki about the emergency ministerial meeting on Jerusalem<\/strong> that kicked off on Saturday, which Zaki said was \u201cfruitful.\u201d Some attending ministers had called for taking more drastic steps to lay the pressure on the US, but the majority agreed on holding out and escalating their position gradually (<a href=\"https:\/\/www.youtube.com\/watch?v=LAYvdVYvshU\">watch, runtime: 12:16<\/a>).<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer sat down with World Bank CEO Kristalina Georgieva<\/strong> for a chat about the Business for Africa, Egypt, and the World summit and the bank\u2019s projects in Egypt. The disbursal of the third USD 1.15 bn tranche of its USD 3.15 bn facility (which was <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/10\/egypt-signs-funding-agreements-totaling-almost-usd-1-9-bn\/\">signed over the weekend<\/a>) will help Egypt become a more attractive destination for private-sector investment in energy and renewable energy, Georgieva said. She also lauded President El Sisi for his economic reform program and sending a message that Egypt is open to investors, which she says was relayed through the summit.<\/p>\n<p><strong>The bank is currently also focusing on helping SMEs in Egypt to develop and expand<\/strong>, she said, pointing to a program to reduce the risk levels for medium-sized enterprises in glass production as one example of the bank\u2019s efforts. Such projects will help to spur further growth of Egypt\u2019s economy, allowing for the creation of job and investment opportunities that will keep the country\u2019s debt levels at a manageable level, Georgieva said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635672\" 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=\"635672\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/\">\r\n                            Annual inflation rate drops to 26% in November                        <\/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\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/\" 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\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/')\">\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\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/\">\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=Annual inflation rate drops to 26% in November&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/\">\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\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/&title=Annual inflation rate drops to 26% in November\">\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=Annual+inflation+rate+drops+to+26%25+in+November+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fannual-inflation-rate-drops-to-26-in-november%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\/2017\/12\/11\/annual-inflation-rate-drops-to-26-in-november\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635672\" class=\"content-area-description single-story post-635672 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>Urban consumer price inflation dropped to 26% in November, down from 30.8% a year ago.<\/strong> On a monthly basis, the inflation rate dropped to 1% in November, from 1.1% in October, <a href=\"http:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/2017121013350_%D8%A7%D9%84%D8%A8%D9%8A%D8%A7%D9%86%20%D8%A7%D9%84%D8%B5%D8%AD%D9%81%D9%89%20%D8%A7%D9%84%D8%A3%D8%AE%D9%8A%D8%B111-2017%20.pdf&Type=News\">according to state statistics bureau CAPMAS<\/a>. Finance Minister Amr El Garhy says the inflation rate is set to drop to 20% in January and to reach 13-14% by August, <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1OA03J\">according to Reuters<\/a>. Annual core inflation fell to 25.54% in November, down from 30.53% in October. On a monthly basis, core inflation recorded 1.3% in November from 0.7 a month earlier, <a href=\"https:\/\/ent.news\/2017\/12\/992.pdf\">data from the central bank shows (pdf)<\/a>.<\/p>\n<p><strong>Enter the base effect: <\/strong>EFG Hermes\u2019 Mohamed Abu Basha says the deceleration seen in November \u201cofficially kicks off a long-awaited period, where a favourable base effect kicks in and leads inflation to decelerate rapidly from its near four-decade highs of +30%.\u201d The headline rate came \u201cgenerally within expectations. I think it is likely that the central bank will begin cutting rates but not at the next meeting in December, at the one after,\" Arqaam Capital senior economist Reham El Desoki <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-12-10\/egypt-annual-inflation-rate-slows-as-currency-effects-fade\">tells Bloomberg<\/a>. She expects the central bank to cut rates by about 500 bps throughout 2018. Abu Basha has a similar rate outlook, saying, \u201cWhile we see chances for a rate cut at the MPC\u2019s next meeting on 28 Dec, we expect CBE to only start cutting rates in 1Q18 in order to ensure the extent of the expected slowdown is, indeed, in line with CBE\u2019s expectations. This is especially the case, given two recent developments which resemble potential upside risks to inflation, namely i) continued acceleration in GDP growth in 1Q17\/18, along with recent readings showing the private sector starting to recover; and ii) rise in oil prices.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635682\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635683\" 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=\"635683\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-2018\/\">\r\n                            First Arab produced car to hit the market in June 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\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-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\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-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\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-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=First Arab produced car to hit the market in June 2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-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\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-2018\/&title=First Arab produced car to hit the market in June 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=First+Arab+produced+car+to+hit+the+market+in+June+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Ffirst-arab-produced-car-to-hit-the-market-in-june-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\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/887.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"635684\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/first-arab-produced-car-to-hit-the-market-in-june-2018\/887-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/887.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"887.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/887.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/887.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635683\" class=\"content-area-description single-story post-635683 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The UAE\u2019s Sandstorm Automotive is producing the first \u201c100% Arab-manufactured car,\u201d with many parts sourced from Egypt. <\/strong>The company plans to launch its creation by June 2018 with the intention of producing 3,000-5,000 units in an initial run. Sandstorm \u201cpurchased glass, batteries, seats, and car horns from the Egyptian market, and seeks to establish a plant in Egypt and launch a production line that can export produced cars to Africa,\u201d MEA Manager Karim Saleh <a href=\"https:\/\/dailynewsegypt.com\/2017\/12\/10\/emirati-sandstorm-produces-1st-fully-arab-car\/\">tells Daily News Egypt<\/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\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635685\" 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=\"635685\">\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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/\">\r\n                            US should engage with Egypt actively on human rights -Dunne                        <\/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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/\" 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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/')\">\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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/\">\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=US should engage with Egypt actively on human rights -Dunne&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/\">\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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/&title=US should engage with Egypt actively on human rights -Dunne\">\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=US+should+engage+with+Egypt+actively+on+human+rights+-Dunne+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fus-should-engage-with-egypt-actively-on-human-rights-dunne%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\/2017\/12\/11\/us-should-engage-with-egypt-actively-on-human-rights-dunne\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635685\" class=\"content-area-description single-story post-635685 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Michelle Dunne recapped recommendations she made at the Tom Lantos Human Rights Commission\u2019s congressional hearing on Egypt <\/strong>in <a href=\"http:\/\/carnegieendowment.org\/publications\/?fa=74941\">a piece for the Carnegie Endowment<\/a> in which she stresses active engagement, arguing that the US had a strong interest in improved human rights conditions in Egypt as well as a responsibility to press for them.<\/p>\n<p><strong>The Guardian\u2019s readers\u2019 editor, Stephen Pritchard, <\/strong><a href=\"https:\/\/www.theguardian.com\/commentisfree\/2017\/dec\/10\/readers-editor-on-repressive-regimes-and-press-freedom-egypt\"><strong>carried more scathing remarks<\/strong><\/a>, but explained he chose to participate in the Sharm El Sheikh World Youth Forum because \u201cit is better to engage in dialogue.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635688\" 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=\"635688\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/\">\r\n                            Fifth edition of the Sahl Hasheesh Triathlon                        <\/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\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/\" 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\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/')\">\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\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/\">\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=Fifth edition of the Sahl Hasheesh Triathlon&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/\">\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\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/&title=Fifth edition of the Sahl Hasheesh Triathlon\">\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=Fifth+edition+of+the+Sahl+Hasheesh+Triathlon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Ffifth-edition-of-the-sahl-hasheesh-triathlon%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\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/595.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"635689\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/fifth-edition-of-the-sahl-hasheesh-triathlon\/595-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/595.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"595.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/595.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/595.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635688\" class=\"content-area-description single-story post-635688 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The fifth edition of the Sahl Hasheesh triathlon wrapped up a few weeks ago and <\/strong>organizers Trifactory have put together a nifty <a href=\"https:\/\/www.facebook.com\/thetrifactory\/videos\/1955950951392429\/\">highlight video<\/a> showing athletes from all across the globe compete in one of the region\u2019s largest contests of its kind. Next up for Trifactory is the \u2018Aswan42\u2019 marathon, which will take competitors through scenic Aswan on 2 February, with proceeds going to the <a href=\"http:\/\/www.thetrifactory.com\/aswan42\">Magdi Yacoub Heart Foundation<\/a>. <strong>(<\/strong><a href=\"https:\/\/www.facebook.com\/thetrifactory\/videos\/1955950951392429\/\"><strong>Watch, runtime 1:49<\/strong><\/a><strong>)<\/strong><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635690\" 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=\"635690\">\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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/\">\r\n                            Diplomacy + Foreign Trade on 11 December 2017                        <\/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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/\" 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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/')\">\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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/\">\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 11 December 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/\">\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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/&title=Diplomacy + Foreign Trade on 11 December 2017\">\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+11+December+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fdiplomacy-foreign-trade-on-11-december-2017%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\/2017\/12\/11\/diplomacy-foreign-trade-on-11-december-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635690\" class=\"content-area-description single-story post-635690 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>President Abdel Fattah El Sisi met with the Chairman of Libya\u2019s Presidential Council <\/strong><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/12\/President-El-Sisi-meets-Fayez-Al-Sarraj.pdf\"><strong>Fayez Al Sarraj in Cairo yesterday (pdf)<\/strong><\/a> to discuss developments in the Libyan peace and reconciliation efforts. Anti-terror cooperation was also on the agenda. Al Sarraj also <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1794583297280275\">sat down with Foreign Minister<\/a> Sameh Shoukry for talks on the same issue.<\/p>\n<p><strong>Both Turkey and Egypt are seeking \u201cregional hegemony,\u201d<\/strong> Iran\u2019s former ambassador to Jordan Nosratallah Tajik <a href=\"https:\/\/en.mehrnews.com\/news\/130081\/Turkey-Egypt-eyeing-regional-hegemony-Ex-diplomat\">tells MEHR News Agency<\/a>. He suggests that Turkey is trying to get closer to Egypt \u201cto prevent more closeness of Egypt to Saudi Arabia in order to keep balance in the region.\u201d Nosratallah adds that he does not believe Egypt will follow Saudi hostility towards Iran, saying \u201cEgypt and Iran have their own concerns and problems.\u201d<\/p>\n<p><strong>The Investment and International Cooperation Ministry is in talks with the Finnish government for a EUR 5-30 mn to finance public service projects<\/strong>, Commercial Attache at the Finnish embassy Yasser Shawky <a href=\"http:\/\/www.almalnews.com\/Story\/356296\/15\/-%D9%81%D9%86%D9%84%D9%86%D8%AF%D8%A7-%D8%AA%D8%B9%D8%B1%D8%B6-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%AA%D8%B9%D8%A7%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D9%82%D8%B1%D8%B6%D9%8B%D8%A7-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-30-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D9%8A%D9%88%D8%B1%D9%88\">tells Al Mal<\/a>. Talks should wrap up early on in 2018. Finland suggested using the funds for a sewage treatment plant or water station, which would be offered under Cairo and Helsinki\u2019s 2016 strategic cooperation framework.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy-foreign-trade\/\">Diplomacy + Foreign Trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635691\" 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=\"635691\">\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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/\">\r\n                            Teba for Development to construct EGP 300 mn electrical transformer production factory                        <\/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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/\" 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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/')\">\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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/\">\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=Teba for Development to construct EGP 300 mn electrical transformer production factory&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/\">\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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/&title=Teba for Development to construct EGP 300 mn electrical transformer production factory\">\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=Teba+for+Development+to+construct+EGP+300+mn+electrical+transformer+production+factory+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fteba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory%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\/2017\/12\/11\/teba-for-development-to-construct-egp-300-mn-electrical-transformer-production-factory\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635691\" class=\"content-area-description single-story post-635691 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<p>Teba for Development is planning to establish a EGP 300 mn factory to manufacture electrical transformers in partnership with an unnamed Chinese company, Teba Chairman Mohamed Soliman <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10122017&id=017f14ac-5ace-47bf-ab6c-88772c9f0530\">tells Al Shorouk<\/a>. The 22k sqm factory will be constructed over the next year in 10 Ramadan City.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635692\" 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=\"635692\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/\">\r\n                            Ban on Egyptian produce has had limited effect on overall agricultural exports                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ban on Egyptian produce has had limited effect on overall agricultural exports&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/&title=Ban on Egyptian produce has had limited effect on overall agricultural exports\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ban+on+Egyptian+produce+has+had+limited+effect+on+overall+agricultural+exports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/ban-on-egyptian-produce-has-had-limited-effect-on-overall-agricultural-exports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635692\" class=\"content-area-description single-story post-635692 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt managed to mitigate the effects of the ban that some countries imposed on certain Egyptian crops by breaking into new markets, Agriculture Export Council Chairman Ali Issa <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10122017&id=11ec7f9c-eca3-497a-be9a-45c65b7b4247\">tells Al Shorouk<\/a>. While the blanket bans enforced by countries including Sudan, Saudi Arabia, and Kuwait, held back some 100k tonnes of crops meant for export, Egypt still managed to ship out around 1.7 mn tonnes of produce, mostly citrus fruits. New crops are also being sold to China for the first time, Issa said. The Agriculture Ministry had <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/16\/egypt-to-export-cherimoyas-following-egp-devaluation-vietnam-now-open-to-citrus-exports\/\">announced last month<\/a> that Vietnam was now open to Egyptian citrus exports, citing tighter quality control measures as the reason behind improved trade activity. We have been <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/10\/sudan-to-lift-its-ban-on-imports-of-egyptian-products-in-january\/\">hearing rumors as well<\/a> that Sudan is close to lifting its ban on Egyptian produce and that talks are ongoing with Saudi Arabia to resume shipments of strawberries and peppers.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635694\" 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=\"635694\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\">\r\n                            Oriental Weavers to invest EGP 120 mn in production lines and equipment                        <\/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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\" 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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/')\">\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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\">\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=Oriental Weavers to invest EGP 120 mn in production lines and equipment&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\">\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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/&title=Oriental Weavers to invest EGP 120 mn in production lines and equipment\">\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=Oriental+Weavers+to+invest+EGP+120+mn+in+production+lines+and+equipment+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Foriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment%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\/2017\/12\/11\/oriental-weavers-to-invest-egp-120-mn-in-production-lines-and-equipment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635694\" class=\"content-area-description single-story post-635694 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Oriental Weavers is planning on spending EGP 120 mn on new production lines, machinery, and equipment over the next year, Founder Mohamed Khamis <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10122017&id=c8b216c1-0f4f-4301-87d5-20c7d3fd176d\">tells Al Shorouk<\/a>. The investments are part of the company\u2019s expansion strategy, which will be financed through a EUR 9 mn loan agreement with QNB Alahli. The company had announced plans in November to add 8-10 weaving looms by end-2018.<\/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\/manufacturing\/\">Manufacturing<\/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=\"635695\" 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=\"635695\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/\">\r\n                            Uptown Alex developing EGP 100 mn project in Semouha                        <\/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\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/\" 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\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/')\">\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\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/\">\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=Uptown Alex developing EGP 100 mn project in Semouha&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/\">\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\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/&title=Uptown Alex developing EGP 100 mn project in Semouha\">\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=Uptown+Alex+developing+EGP+100+mn+project+in+Semouha+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fuptown-alex-developing-egp-100-mn-project-in-semouha%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\/2017\/12\/11\/uptown-alex-developing-egp-100-mn-project-in-semouha\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635695\" class=\"content-area-description single-story post-635695 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<p>Uptown Alex is developing a residential project in the Alexandria neighborhood of Semouha for EGP 100 mn, Managing Director <a href=\"https:\/\/alborsanews.com\/2017\/12\/10\/1071182\">Sabri Ghanem tells Al Borsa<\/a>. The 4,000 sqm project will include 220 homes, as well as commercial and administrative spaces, once it's complete by 2020. 35% of the project has already been marketed to buyers, with the rest set to be made available by end-2018.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635697\" 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=\"635697\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/\">\r\n                            GTH extends USD 200 mn loan agreement                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=GTH extends USD 200 mn loan agreement&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/&title=GTH extends USD 200 mn loan agreement\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=GTH+extends+USD+200+mn+loan+agreement+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fgth-extends-usd-200-mn-loan-agreement%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/gth-extends-usd-200-mn-loan-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635697\" class=\"content-area-description single-story post-635697 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Global Telecom Holding announced entering into an amendment agreement for a USD 200 mn unsecured short-term loan agreement with Citi and ING Bank, according to a <a href=\"http:\/\/www.gtelecom.com\/mediacenter-news-details?articleId=219701\">company statement<\/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\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635699\" 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=\"635699\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/\">\r\n                            NAT to issue tenders for Cairo Metro Line 4 within two weeks                        <\/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\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/\" 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\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/')\">\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\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/\">\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=NAT to issue tenders for Cairo Metro Line 4 within two weeks&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/\">\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\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/&title=NAT to issue tenders for Cairo Metro Line 4 within two weeks\">\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=NAT+to+issue+tenders+for+Cairo+Metro+Line+4+within+two+weeks+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fnat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks%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\/2017\/12\/11\/nat-to-issue-tenders-for-cairo-metro-line-4-within-two-weeks\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635699\" class=\"content-area-description single-story post-635699 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<p>The National Authority for Tunnels (NAT) is expected to begin issuing tenders for the Cairo Metro\u2019s Line 4 in two weeks\u2019 time, NAT Spokesperson Hassan Tawfik said, <a href=\"https:\/\/alborsanews.com\/2017\/12\/10\/1071189\">Al Borsa reports<\/a>. These will include tenders to supply 23 locomotives, carrying out electromechanical works, and setting up the communication system for the line. The NAT plans to sign the final construction contracts with the Taisei-Orascom Construction consortium in January and expects work on the line to begin in 1Q2018, Tawfik said. As <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/07\/jica-prepared-to-disburse-second-tranche-of-usd-1-2-bn-loan-for-cairo-metro-line-4\/\">we noted last week<\/a>, the Japanese International Cooperation Agency (JICA) is waiting on the government to reach final agreements for current supply tenders to disburse the second tranche of its USD 1.2 bn loan to finance the metro line\u2019s construction.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635700\" 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=\"635700\">\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\/2017\/12\/11\/uks-loc-inaugurates-new-cairo-office\/\">\r\n                            UK\u2019s LOC inaugurates new Cairo office                        <\/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\" 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/uks-loc-inaugurates-new-cairo-office\/\">\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=UK\u2019s LOC inaugurates new Cairo office&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/uks-loc-inaugurates-new-cairo-office\/\">\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\/2017\/12\/11\/uks-loc-inaugurates-new-cairo-office\/&title=UK\u2019s LOC inaugurates new Cairo office\">\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=UK%E2%80%99s+LOC+inaugurates+new+Cairo+office+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fuks-loc-inaugurates-new-cairo-office%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\/2017\/12\/11\/uks-loc-inaugurates-new-cairo-office\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635700\" class=\"content-area-description single-story post-635700 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<p>British marine and engineering consultancy firm LOC Group inaugurated last week its new office in Cairo to give the company better access to MENA countries, according to a <a href=\"https:\/\/www.gov.uk\/government\/news\/british-embassy-welcomes-a-new-british-company-to-egypt\">British embassy statement<\/a>. \u201cLonger term, LOC plans to develop the Cairo office into a larger multi-function office providing marine warranty surveying, marine surveying, marine casualty response and engineering consultancy,\u201d according to the statement.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635701\" 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=\"635701\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/mp-presents-draft-law-to-regulate-e-commerce\/\">\r\n                            MP presents draft law to regulate e-commerce                        <\/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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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=MP+presents+draft+law+to+regulate+e-commerce+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fmp-presents-draft-law-to-regulate-e-commerce%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\/2017\/12\/11\/mp-presents-draft-law-to-regulate-e-commerce\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635701\" class=\"content-area-description single-story post-635701 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>House Industry Committee member Ali El Kayal presented a draft law to the House of Representatives that means to regulate Egypt\u2019s e-commerce industry, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1714140.aspx\">Ahram Gate reports<\/a>. The bill is focused mainly on implementing a taxation framework for e-commerce businesses, which could add significantly to the government\u2019s tax income. The legislation also includes clauses to protect consumers from misleading advertisements and other electronic scams, as well as protecting users\u2019 private data.<\/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\/legislation-policy\/\">Legislation + Policy<\/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=\"635703\" 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=\"635703\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/\">\r\n                            Jordan Belfort claims fraud in Cairo event                        <\/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\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/\" 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\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/')\">\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\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/\">\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=Jordan Belfort claims fraud in Cairo event&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/\">\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\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/&title=Jordan Belfort claims fraud in Cairo event\">\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=Jordan+Belfort+claims+fraud+in+Cairo+event+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2Fjordan-belfort-claims-fraud-in-cairo-event%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\/2017\/12\/11\/jordan-belfort-claims-fraud-in-cairo-event\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635703\" class=\"content-area-description single-story post-635703 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The original \u201c<\/strong><a href=\"http:\/\/www.imdb.com\/title\/tt0993846\/\"><strong>Wolf of Wall Street<\/strong><\/a><strong>,\u201d Jordan Belfort, says an Egypt event he was supposed to speak at this month is a fraud<\/strong> in <a href=\"https:\/\/www.facebook.com\/jordanbelfort\/posts\/10156381605078465\">a statement on Facebook<\/a>. He added that the organizer of the event, which was called \u2018Rise of the Entrepreneurs,\u2019 has disappeared without paying him his retainer or booking his tickets. The organizer posted a brief <a href=\"https:\/\/www.facebook.com\/events\/2039308122965676\/permalink\/2093986800831141\/\">statement on Facebook<\/a> saying the event was canceled and that refunds would be provided, without providing any further details.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635706\" 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=\"635706\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/635706\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/635706\/\" 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\/2017\/12\/11\/635706\/')\">\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\/2017\/12\/11\/635706\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/11\/635706\/\">\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\/2017\/12\/11\/635706\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F11%2F635706%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\/2017\/12\/11\/635706\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635706\" class=\"content-area-description single-story post-635706 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.7591 | Sell 17.8579<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.75 | Sell 17.85<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.69 | Sell 17.79<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 14,414 (+0.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 735 mn (29% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +16.8%<\/p>\n<p><strong>THE MARKET ON SUNDAY: <\/strong>The EGX30 ended Sunday\u2019s session up 0.8%. CIB, the index heaviest constituent closed up 0.7%. EGX30\u2019s top performing constituents were Emaar Misr up 4.8%; Egyptian Resorts up 3.3%; and Domty up 3.3%. Thursday\u2019s worst performing stocks were Telecom Egypt down 1.3%; Oriental Weavers down 0.5%; and EFG Hermes down 0.3%. The market turnover was EGP 735 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +121.9 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +359.9 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -481.8 mn<\/p>\n<p><strong>Retail<\/strong>: 56.1% of total trades | 44.8% of buyers | 67.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 43.9% of total trades | 55.2% of buyers | 32.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 25.9% of total | 28.5% of buyers | 23.2% of sellers<br \/>\n <strong>Regional:<\/strong> 10.5% of total | 18.4% of buyers | 2.7% of sellers<br \/>\n <strong>Domestic:<\/strong> 63.6% of total | 53.1% of buyers | 74.1% of sellers<\/p>\n<hr class=\"grey-line\">\n<p><span style=\"color: #299a0b; font-weight: bold;\">***<br \/>\nPHAROS VIEW<\/span><\/p>\n<\/p>\n<p><strong>Egypt 2018 Macro Update \u2014 An Economic Transformation in Action:<\/strong> As we draw closer to 2018, Pharos Holdings gives its forecasts for Egypt\u2019s macroeconomic growth over the next three years. Pharos expects real GDP growth to accelerate to 4.7% in FY2017-18 and to 6.1% in FY2019-20. Inflation rate is projected to decelerate to 16.6% y-o-y in FY2018-19 and 13.3% in FY2019-20 on the current tight monetary policy. The budget deficit will decline to 10.0% of GDP in FY2017-18 and 8.0% of GDP by FY2019-20 on the back of the fiscal reform measures and the resulting pickup in economic activity.The nominal FX exchange rate will stabilize in the current fiscal year at EGP 17.5 per USD, depreciating slightly to EGP18.6 in FY2018-19. <a href=\"https:\/\/ent.news\/2017\/12\/995.pdf\">You can catch the full report here (pdf)<\/a>.<\/p>\n<p><p><span style=\"color: #299a0b; font-weight: bold;\">***<\/span><\/p>\n<hr class=\"grey-line\">\n<p><strong>WTI:<\/strong> USD 57.36 (+1.18%)<br \/>\n <strong>Brent:<\/strong> USD 63.40 (+1.93%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.77 MMBtu, (+0.33%, January 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,248.4 \/ troy ounce (-0.38%)<\/p>\n<p><strong>TASI:<\/strong> 7,144.74 (+0.84%) (YTD: -0.91%)<br \/>\n <strong>ADX:<\/strong> 4,294.87 (+0.42%) (YTD: -5.53%)<br \/>\n <strong>DFM:<\/strong> 3,395.39 (+0.06%) (YTD: -3.84%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 393.2 (-0.16%) (YTD: +3.45%)<br \/>\n <strong>QE:<\/strong> 7,827.71 (+0.7%) (YTD: -25.0%)<br \/>\n <strong>MSM:<\/strong> 5,062.61 (-0.07%) (YTD: -12.45%)<br \/>\n <strong>BB: <\/strong>1,265.44 (-0.15%) (YTD: +3.69%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635707\" 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\/2017\/12\/11\/635707\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635707\" class=\"content-area-description single-story post-635707 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>15 December (Friday): <a href=\"https:\/\/thelawmag.com\/thelawtalks\/\">The Law Magazine\u2019s Law Talks event<\/a>, Zamalek palace, Cairo.<\/p>\n<p>19 December (Tuesday): Village Capital\u2019s <a href=\"http:\/\/vilcap.com\/program\/financial-health-forum-dubai\/\">Financial Health Competition<\/a>: Middle East and Egypt (applications close 3 November)<\/p>\n<p>28 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>29-30 January (Monday-Tuesday): <a href=\"http:\/\/www.terrapinn.com\/exhibition\/seamless-north-africa\/index.stm\">Seamless North Africa<\/a>, The Nile Ritz-Carlton, Cairo<\/p>\n<p>12-14 February 2018 (Monday-Wednesday): <a href=\"http:\/\/www.egyps.com\/\">Egypt Petroleum Show 2018<\/a> (EGYPS), New Cairo Exhibition Center.<\/p>\n<p>19-20 February 2018 (Monday-Tuesday): <a href=\"https:\/\/bankingtechnorthafrica.iqpc.ae\/\">The Banking Tech North Africa<\/a>, The Nile Ritz-Carlton, Cairo<\/p>\n<p>17-21 February 2018 (Saturday-Wednesday): <a href=\"http:\/\/www.bwe21.com\/Events\">Women For Success - Women SME's \"World of Possibilities\"<\/a> Conference, Cairo\/Luxor.<\/p>\n<p>29 April - 1 March 2018 (Thursday-Sunday): <a href=\"https:\/\/www.cityscapeegypt.com\/en\/Home.html\">Cityscape Egypt<\/a>, Cairo International Convention Centre, 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\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":635667,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-635666","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"d16b08b0-5abd-40d0-8573-fff01da612a5","teaser":"","photo_url":"https:\/\/ent.news\/2017\/12\/177.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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