{"id":635718,"date":"2017-12-12T03:46:57","date_gmt":"2017-12-12T03:46:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=635718"},"modified":"2025-12-17T14:31:29","modified_gmt":"2025-12-17T14:31:29","slug":"dabaa-nuclear-plant-yes-but-tourists-not-yet","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/dabaa-nuclear-plant-yes-but-tourists-not-yet\/","title":{"rendered":"Dabaa nuclear plant? Yes. But tourists? Not yet."},"content":{"rendered":"<section id=\"635720\" 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=\"635720\">\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\/12\/what-were-tracking-on-12-december-2017\/\">\r\n                            What we\u2019re tracking on 12 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\/12\/what-were-tracking-on-12-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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The tourism industry is going to have to hold its collective breath before a market that once sent us up to 3 mn holidaymakers a year is back on the map. In the meantime, Russian tourists will have to keep sneaking in through Ukraine.<\/p><p><strong>But it does seem as if the Daba\u2019a nuclear power plants are going ahead. <\/strong>A statement from Rosatom said Putin and President Abdel Fattah El Sisi witnessed the signing of a \u201cnotice to proceed.\u201d NTPs are issued to contractors to start work under a contract, implying that the final contract must have been signed. Communiques from both sides have been rather vague on that last bit, but its meshes with all that we\u2019ve heard of late about hotels and rental stock on the North Coast being snapped up by Russians in the past months. We have more on yesterday\u2019s developments in Speed Round, below.<\/p><p><strong>Shares of Ibnsina Pharma begin trading today on the Egyptian Exchange under the symbol ISPH.CA. <\/strong>The company, Egypt\u2019s fastest-growing and second-largest distributor of pharmaceutical products, will have a market cap of EGP 3.9 bn at the opening bell. The company <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/06\/ibnsina-to-allocate-egp-250-mn-from-ipo-to-capital-increase-plans-to-invest-egp-700-mn-in-five-years\/\">will use some EGP 280 mn of its IPO proceeds<\/a> towards a capital increase in 1Q2018 and the balance to cover exits by current shareholders. <strong>Beltone Investment Banking<\/strong> is sole global coordinator and bookrunner for the transaction, while <strong>Matouk Bassiouny<\/strong> is acting as counsel to the issuer. <strong>Inktank Financial<\/strong> is investor relations advisor. <a href=\"https:\/\/ent.news\/2017\/12\/349.pdf\">Read the full press release here (pdf)<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Contrary to rumors spreading on social media in the past 36 hours<strong>, Egyptian banks have not bankrolled the construction of Ethiopia\u2019s Grand Renaissance Ethiopian Dam by buying into bonds offering 36% interest. <\/strong>Central bank governor Tarek Amer <a href=\"https:\/\/www.egypttoday.com\/Article\/2\/36286\/CBE-Governor-negates-Ethiopian-Dam-funding-by-banks-in-Egypt\">described the notion as \u201challucinations and myths\u201d<\/a> in a statement to state news agency MENA. (But really: 36%? I mean, if that offer was real, you\u2019d be just about crazy not to take it.) The tempest in a teapot comes as <strong>Ethiopian Prime Minister Hailemariam Desalegn is expected to address Egypt\u2019s House of Representatives sometime this month.<\/strong> Cairo and Addis Ababa are locked in a war of words over use of Nile water as Ethiopia continues to build out GERD.<\/p><p><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><strong>Adventurer and entrepreneur Omar Samra and triathlete Omar Nour will begin their epic 5,000 km journey across the Atlantic ocean<\/strong> on nothing but a rowboat tomorrow. We wish them all them best.<\/p><p>This morning\u2019s miscellany:<\/p><ul type=\"disc\">\n<li><strong>It turns out that building a robot-powered hedge fund is a heck of a lot more difficult than it seems on first glance<\/strong>, according to <a href=\"https:\/\/www.wsj.com\/articles\/the-future-is-bumpy-high-tech-hedge-fund-hits-limits-of-robot-stock-picking-1513007557\">this feature in the Journal<\/a>.<\/li>\n<li><strong>A US analyst looks at a diminished geopolitical future for the Middle East <\/strong>thanks to the rise of the US fracking industry in a piece penned for <a href=\"https:\/\/www.wsj.com\/articles\/fracking-our-way-to-mideast-peace-1513035925\">the Wall Street Journal<\/a>.<\/li>\n<li><strong>\u201cHyundai Motor is facing [nearly USD 1 bn] in production losses this year<\/strong> as union members at the South Korean carmaker continue the spate of partial labour strikes,\u201d <a href=\"https:\/\/www.ft.com\/content\/fce2685e-de46-11e7-a8a4-0a1e63a52f9c\">the Financial Times<\/a> notes. <\/li>\n<li><strong>Donald Trump wants to see America head back to the moon<\/strong> \u2014 and onward to Mars, <a href=\"https:\/\/www.ft.com\/content\/90c01842-debe-11e7-a8a4-0a1e63a52f9c\">the salmon-colored paper notes elsewhere<\/a>.<\/li>\n<li><strong>Being obese or having diabetes could put you at higher risk of cancers <\/strong>including tumors of the colon, gallbladder, liver and pancreas, <a href=\"https:\/\/www.nytimes.com\/2017\/12\/04\/health\/obesity-diabetes-cancer.html\">the New York Times notes<\/a> in a pickup of a recent study.<\/li>\n<\/ul><p><strong>The Golden Globe nominees are out<\/strong>, and we\u2019re a bit miffed that the kids from Stranger Things got nary a nod. The series was nominated for best drama, while David Harbour, the actor who plays Chief Hopper, was nominated for best supporting actor in a TV drama. <a href=\"https:\/\/www.goldenglobes.com\/\">The Golden Globes website is here<\/a>, and you can <a href=\"https:\/\/www.goldenglobes.com\/articles\/nominations-75th-golden-globe-awards-have-been-announced\">read their official list of nominees here.<\/a><\/p><p><strong>Speaking of Stranger Things: You may have more than a year to wait for the next season<\/strong> of the show, according to the aforementioned David Harbour, who told an interviewer in Dubai: \u201cYou probably won\u2019t get [Season 3] until sometime in 2019 \u2026 like any good thing, [the writers] need time. And those guys work so hard. I mean, they just sit in their apartment and write for 12, 14 hours a day,\u201d <a href=\"http:\/\/time.com\/5058440\/stranger-things-season-3-release-date-david-harbour\/\">reports Time magazine<\/a>, picking up an interview for Variety. You can <a href=\"https:\/\/www.youtube.com\/watch?v=eL765fl-JKc\">watch the Harbour interview here for yourself (runtime: 4:51).<\/a><\/p><p><strong>Random (rude) thought: <\/strong>Yes, we know you think Stoicism is cool. We occasionally listen to Tim Ferriss\u2019 podcast, too, and he\u2019s been <a href=\"https:\/\/tim.blog\/2009\/04\/13\/stoicism-101-a-practical-guide-for-entrepreneurs\/\">banging on about this since at least 2009<\/a>. Now, would you shut up about it for five minutes, please?<\/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=\"635721\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" 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stk-jux34k2-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=\"635722\" 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=\"635722\">\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\/12\/what-were-tracking-this-week-87\/\">\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\/12\/what-were-tracking-this-week-87\/\" 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\/12\/what-were-tracking-this-week-87\/')\">\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\/12\/what-were-tracking-this-week-87\/\">\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\/12\/what-were-tracking-this-week-87\/\">\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\/12\/what-were-tracking-this-week-87\/&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%2F12%2Fwhat-were-tracking-this-week-87%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\/12\/what-were-tracking-this-week-87\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635722\" class=\"content-area-description single-story post-635722 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>Ahmed Shafik, the 2012 presidential candidate turned exiled Mr. McGoo, will announce his final decision on whether to run for office in 2018 sometime in the next few days<\/strong>, said Raouf Al Sayyed, deputy head of Shafiq\u2019s Egyptian National Movement Party, <a href=\"http:\/\/www.egyptindependent.com\/shafiqs-party-says-he-will-decide-whether-to-run-in-presidential-elections-within-days\/\">AMAY reports<\/a>. The former air force commander had turned<a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/03\/ahmed-shafik-declares-presidential-run-political-circus-ensues\/\">the local press into a circus last week<\/a>, when he announced out of the blue that he was running, before claiming that UAE authorities were not allowing him to leave, then disappearing and reappearing in Egypt. We plan to give his announcement the coverage as it deserves: lip service.<\/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=\"635723\" 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=\"635723\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/on-the-horizon-110\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/on-the-horizon-110\/\" 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\/12\/on-the-horizon-110\/')\">\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\/12\/on-the-horizon-110\/\">\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=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/on-the-horizon-110\/\">\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\/12\/on-the-horizon-110\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fon-the-horizon-110%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\/12\/on-the-horizon-110\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635723\" class=\"content-area-description single-story post-635723 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The IMF\u2019s Executive Board <\/strong><a href=\"http:\/\/www.imf.org\/external\/np\/sec\/bc\/eng\/index.aspx#top\"><strong>will meet on 20 December<\/strong><\/a><strong> to review progress on Egypt\u2019s economic reform program<\/strong> ahead of voting to disburse the third USD 2 bn tranche of the USD 12 bn Extended Fund Facility. Egypt has already received two tranches worth a combined USD 4 bn.<\/p>\n<p><strong>The Central Bank of Egypt will review interest rates at a meeting of its Monetary Policy Committee<\/strong> on 28 December.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635724\" 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=\"635724\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/\">\r\n                            Dabaa nuclear power plant and the possible resumption of Russian tourism are the talk of the town                        <\/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\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/\" 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\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/')\">\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\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/\">\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=Dabaa nuclear power plant and the possible resumption of Russian tourism are the talk of the town&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/\">\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\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/&title=Dabaa nuclear power plant and the possible resumption of Russian tourism are the talk of the town\">\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=Dabaa+nuclear+power+plant+and+the+possible+resumption+of+Russian+tourism+are+the+talk+of+the+town+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fdabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town%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\/12\/dabaa-nuclear-power-plant-and-the-possible-resumption-of-russian-tourism-are-the-talk-of-the-town\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635724\" class=\"content-area-description single-story post-635724 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The reality of the Dabaa nuclear power plant and its connection to the resumption of Russian tourism<\/strong> reigned supreme on the airwaves last night.<\/p>\n<p><strong>The Dabaa contracts that were signed last night officially kickstarted the project<\/strong>, which now enters the design phase, Electricity Minister Mohamed Shaker told Al Hayah Al Youm\u2019s Tamer Amin. Egypt and Russia have been in prolonged discussions over the technical and financial details of the project for the past year and a half, Shaker noted, but Russian teams have already started studies of the project site (<a href=\"https:\/\/www.youtube.com\/watch?v=9XD8obtZ4jE\">watch, runtime: 5:13<\/a>).<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib was more concerned with the Russian Industrial Zone<\/strong> than the Dabaa facility, saying that the former is more beneficial to the Egyptian economy since it\u2019s an industrial project that will create jobs, boost exports, and bring in foreign currency (<a href=\"https:\/\/www.youtube.com\/watch?v=_dnlZ9SyYVM\">watch, runtime: 3:45<\/a>). He did take note, however, of some key points of the agreement over the nuclear plant, including that <strong>Russia is lending us USD 25 bn to cover the costs of the plant and that the loan carries a 3% yearly interest rate<\/strong> (<a href=\"https:\/\/www.youtube.com\/watch?v=wEfqid2c7o4\">watch, runtime: 7:24<\/a>).<\/p>\n<p><strong>The resumption of Russian flights to Egypt seems more likely now<\/strong>, since Russian Transport Minister Maksim Sokolov gave an official statement that he expects direct trips between Moscow and Cairo to resume in February, House Tourism Committee President Sahar Talaat Mostafa told Masaa DMC\u2019s Eman El Hosary. Mostafa had little information, but still said the two countries are expected to sign a protocol within a week to get the ball rolling on bringing back Russian holidaymakers (<a href=\"https:\/\/www.youtube.com\/watch?v=ETmX9QYmnmo\">watch, runtime: 5:27<\/a>).<\/p>\n<p><strong>Hona Al Asema\u2019s Lamees Al Hadidi delved further into the potential return of Russian tourism<\/strong> with Blue Sky Chairman Hossam El Shaer, who said that resuming direct flights to Cairo is only a first step. The more important goal is to bring back flights to Sharm El Sheikh and Hurghada, which could reel in as many as 2 mn Russian tourists per year, especially if charter flights are back in the air.<\/p>\n<p><strong>Egypt\u2019s tourism industry needs to awaken from its slumber and begin preparing as soon as possible for the potential influx of tourists<\/strong>, El Shaer stressed. Multiple hotels have either been shut down or require extensive upgrade work, but the <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/08\/cbe-launches-initiative-to-finance-hotel-renovations\/\">CBE\u2019s initiative to provide affordable financing<\/a> for the tourism industry has flopped, according to El Shaer (<a href=\"https:\/\/www.youtube.com\/watch?v=RbkkY5r7Ubg\">watch, runtime: 7:14<\/a>).<\/p>\n<p><strong>Lamees also spoke to Trade and Industry Minister Tarek Kabil about the World Trade Organization\u2019s ministerial conference<\/strong> in Buenos Aires. The minister said developed and developing countries did not find common ground on their respective needs. Egypt has been rallying Arab and African countries to present a united front in that regard to give developing countries a significant voice in negotiations. One of the main points of contention between the two sides is implementing legislation to regulate storage of foodstuffs \u2014 countries like Egypt store large amounts of agricultural products for its local food security, while others store these products for exports that can impact global prices and trade volumes (<a href=\"https:\/\/www.youtube.com\/watch?v=J-XRe54q25I\">watch, runtime: 5:46<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635725\" 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=\"635725\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/\">\r\n                            Egypt pays USD 25 bn to enter the atomic age decades after era runs its course                        <\/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\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/\" 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\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/')\">\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\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt pays USD 25 bn to enter the atomic age decades after era runs its course&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/\">\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\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/&title=Egypt pays USD 25 bn to enter the atomic age decades after era runs its course\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+pays+USD+25+bn+to+enter+the+atomic+age+decades+after+era+runs+its+course+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fegypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course%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\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/994.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"635726\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/egypt-pays-usd-25-bn-to-enter-the-atomic-age-decades-after-era-runs-its-course\/994-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/994.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"994.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/994.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/994.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635725\" class=\"content-area-description single-story post-635725 post type-post status-publish format-standard has-post-thumbnail 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>It seems we have signed contracts for the USD 20+ bn Dabaa nuclear power plant, but direct flights from Moscow to Cairo aren\u2019t back yet: <\/strong>President Abdel Fattah El Sisi witnessed the signing of \u201cthe notices to proceed [with] the contracts\u201d for the construction of the Dabaa nuclear power plant following his summit with Russian President Vladimir Putin, who arrived in Cairo on Monday, according to <a href=\"https:\/\/ent.news\/2017\/12\/407.pdf\">a statement from Russian nuclear power company Rosatom (pdf)<\/a>, which will be constructing and operating the plant. Electricity Minister Mohamed Shaker also signed contracts for the facility\u2019s fuel at a ceremony following the summit (<a href=\"https:\/\/www.youtube.com\/watch?v=oO3D35CTlVs\">watch, runtime: 28:46<\/a>). NTPs by definition imply that contracts are signed, so it seems we\u2019re about to become a <a href=\"https:\/\/www.youtube.com\/watch?v=OoASZyihalc\">nukuler power<\/a>.<\/p>\n<p><strong>Rosatom says the nuclear power plant in Dabaa would cost up to USD 21 bn and is expected to be completed by 2028-2029<\/strong>, <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFR4N1O601O\">according to Sputnik<\/a>. Commercial operations on the first nuclear reactor, with a generation capacity of 1.2 GW, should begin in 2026, Electricity Minister Mohamed Shaker <a href=\"https:\/\/alborsanews.com\/2017\/12\/11\/1071571\">tells Al Borsa<\/a>. The remaining three reactors will come online over the following two years. Egypt had approved an agreement for a loan from Russia to cover the cost of the project. The loan would cover 85% of the construction costs and the company would service the plant\u2019s four reactors for 60 years, Rosatom Chairman Alexei Likhachyov says. Egypt will begin repaying the first instalment on the loan in 2029, according to Shaker.<\/p>\n<p><strong>No agreement on restoring flights yet, only some encouraging words of a possible February deadline:<\/strong> Russia is \u201cready in principle\u201d to resume direct passenger flights to Egypt and an \u201cagreement is expected to be signed in the near future,\u201d Putin said after meeting with El Sisi, <a href=\"https:\/\/arabic.sputniknews.com\/arab_world\/201712111028317664-%D8%A8%D9%88%D8%AA%D9%8A%D9%86-%D8%B1%D9%88%D8%B3%D9%8A%D8%A7-%D9%85%D8%B5%D8%B1-%D8%A7%D9%84%D8%B1%D8%AD%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D8%AC%D9%88%D9%8A%D8%A9\/\">according to Russia\u2019s Sputnik<\/a>. Putin added at the Dabaa signing ceremony that Egypt had made \u201cgreat efforts\u201d to bolster security at its airports. His encouraging statements follow those by Russian Transport Minister Maxim Sokolov, who told reporters earlier yesterday that he <strong>expects Russia to resume flights to Egypt by February<\/strong>. According to Sokolov, the date by which the relevant intergovernmental protocol could be signed \u201cdepends primarily on the Egyptian party. <strong>We will be ready to do this already this week,\u201d <\/strong>the minister said, <a href=\"http:\/\/tass.com\/economy\/980299\">according to TASS<\/a>.<\/p>\n<p><strong>As for the Russian Industrial Zone (RIZ), Putin said he expects Russian investments there to reach USD 7 bn<\/strong> after generating the interest of some of Russia\u2019s leading corporations. The zone will be Russia\u2019s main conduit to export goods to the Middle East and Africa, <a href=\"https:\/\/arabic.sputniknews.com\/russia\/201712111028317633-%D8%B1%D9%88%D8%B3%D9%8A%D8%A7-%D9%85%D8%B5%D8%B1-%D8%A8%D9%88%D8%AA%D9%8A%D9%86-%D8%AA%D8%B9%D8%A7%D9%88%D9%86\/\">according to Sputnik<\/a>. There was no statement given on when an agreement on the zone will be signed.<\/p>\n<p><strong>Regional politics and security also featured prominently during Putin\u2019s sit-down with El Sisi. <\/strong>The two agreed to expand cooperation and information sharing on security and terrorism, <a href=\"https:\/\/arabic.sputniknews.com\/arab_world\/201712111028317197-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%8A-%D8%A8%D9%88%D8%AA%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82%D8%A7%D8%AA-%D8%A8%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D8%B1%D9%88%D8%B3%D9%8A%D8%A7\/\">said El Sisi<\/a>. He called on states to take further measures to halt the movement of suspected terrorists, who are looking for a home after their \u201cCaliphate\u201d had been extinguished in Iraq and Syria. As for the Trump administration\u2019s peculiar Middle East strategy of sidelining the Palestinians from Jerusalem and then offering a peace plan, <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFR4N1O6020\">Putin said<\/a> that any steps that pre-empt a possible agreement between Israel and the Palestinians are counter-productive and destabilizing. He welcomed the Egypt-mediated reconciliation talks between Hamas and Fatah.<\/p>\n<p><strong>There was no news of arms sales to Egypt<\/strong> that had been expected by defense analysts. Russia has grown to stand as Egypt\u2019s leading supplier of military hardware after the United States. Russia and Egypt had <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/03\/russia-egypt-sign-agreement-to-use-each-others-airbases\/\">signed an agreement back in November<\/a> giving the countries access to the other\u2019s airbases. Putin left Cairo for Turkey to discuss Syria\u2019s future after he ordered a (partial) drawdown of Russian troops in Syria yesterday. Putin had made an <a href=\"https:\/\/www.nytimes.com\/aponline\/2017\/12\/11\/world\/middleeast\/ap-ml-mideast-putin.html\">announcement during a pit-stop<\/a> to a Russian airbase in Syria before landing in Cairo, <a href=\"http:\/\/tass.com\/defense\/980174\">TASS reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"635741\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635742\" 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=\"635742\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/are-emerging-markets-becoming-fed-proof\/\">\r\n                            Are emerging markets becoming Fed-proof?                        <\/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\/12\/are-emerging-markets-becoming-fed-proof\/\" 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\/12\/are-emerging-markets-becoming-fed-proof\/')\">\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\/12\/are-emerging-markets-becoming-fed-proof\/\">\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=Are emerging markets becoming Fed-proof?&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/are-emerging-markets-becoming-fed-proof\/\">\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\/12\/are-emerging-markets-becoming-fed-proof\/&title=Are emerging markets becoming Fed-proof?\">\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=Are+emerging+markets+becoming+Fed-proof%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fare-emerging-markets-becoming-fed-proof%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\/12\/are-emerging-markets-becoming-fed-proof\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/358.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"635743\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/are-emerging-markets-becoming-fed-proof\/358-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/358.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"358.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/358.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/358.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635742\" class=\"content-area-description single-story post-635742 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Are emerging markets becoming Fed-proof? <\/strong>That\u2019s the argument explored in a piece this morning for <a href=\"https:\/\/www.wsj.com\/articles\/emerging-markets-barrel-ahead-despite-tightening-fed-1512988200\">the Wall Street Journal<\/a> \u2014 a rare piece in a newspaper not known for its deep thinking on EM.<\/p>\n<p>The team-written story argues that \u201c<strong>strong global growth, stabilizing commodity prices and improving domestic fundamentals\u201d are behind the ongoing emerging markets rally<\/strong>. That rally has so far seen key markets immune to the Fed flu: The propensity of capital to flee EM in search of lower-risk (and just plain lower) returns anytime the Fed raises interest rates.<\/p>\n<p><strong>\u201cThe MSCI Emerging Markets Index of stocks has risen around 28% this year, more than the 18% gained by the S&P 500<\/strong>, and is on pace for its best year since 2009,\u201d they note, pointing out that investors will \u201cpour USD 1.1 tn into emerging-market assets this year, the biggest flow of funds in three years.\u201d<\/p>\n<p><strong>And there\u2019s more to come, they argue: <\/strong>\u201cFlows are expected to increase further next year, to USD 1.2 tn,\u201d citing data from the Institute of International Finance.<\/p>\n<p>Read: <a href=\"https:\/\/www.wsj.com\/articles\/emerging-markets-barrel-ahead-despite-tightening-fed-1512988200\"><strong>Emerging markets barrel ahead despite tightening fed<\/strong><\/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\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635744\" 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=\"635744\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-december-2017\/\">\r\n                            Talk of Egypt\u2019s role in Putin\u2019s Mideast \u2018victory lap\u2019 dominates Egypt in the News on 12 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\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-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\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-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\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-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=Talk of Egypt\u2019s role in Putin\u2019s Mideast \u2018victory lap\u2019 dominates Egypt in the News on 12 December 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-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\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-december-2017\/&title=Talk of Egypt\u2019s role in Putin\u2019s Mideast \u2018victory lap\u2019 dominates Egypt in the News on 12 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=Talk+of+Egypt%E2%80%99s+role+in+Putin%E2%80%99s+Mideast+%E2%80%98victory+lap%E2%80%99+dominates+Egypt+in+the+News+on+12+December+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Ftalk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-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\/12\/talk-of-egypts-role-in-putins-mideast-victory-lap-dominates-egypt-in-the-news-on-12-december-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635744\" class=\"content-area-description single-story post-635744 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The new Cold War: <\/strong>It\u2019s a single-story news day for Egypt as the international press frames Russian President Vladimir Putin\u2019s visit to Cairo in the context of a new Cold War with the US \u2014 a war in which Russia is largely presented as having an edge. Some outlets, including <a href=\"https:\/\/apnews.com\/a6e6db1ab0ce44f1bb8743fb329bd7fa\/Russia's-Putin-lands-in-Egypt-in-sign-of-growing-ties\">the Associated Press<\/a> and <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1OB2ZO\">Reuters<\/a>, suggest that stronger bilateral ties with Egypt would come at America\u2019s expense, noting that the signing of new agreements, especially on military cooperation, comes at a time when the US is withholding military aid to Egypt on humanitarian grounds.<\/p>\n<p><strong>In a rare over-reach, the <\/strong><a href=\"https:\/\/www.ft.com\/content\/6ffb1de6-de87-11e7-8f9f-de1c2175f5ce\"><strong>Financial Times<\/strong><\/a><strong> leads with the notion that Putin agreed to allow the resumption of Russian flights to Egypt<\/strong>, a theme also popular with <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-12-11\/russia-said-to-be-ready-to-sign-pact-on-resuming-cairo-flights\">Bloomberg<\/a>. Both <a href=\"http:\/\/www.chicagotribune.com\/news\/nationworld\/ct-russia-putin-syria-military-base-20171211-story.html\">the AP<\/a> and <a href=\"https:\/\/www.washingtonpost.com\/world\/europe\/russias-putin-lands-in-egypt-in-sign-of-growing-ties\/2017\/12\/11\/9ebcb700-de61-11e7-b2e9-8c636f076c76_story.html?utm_term=.b78c6311dd44\">the Washington Post<\/a> hit the nail on the head, with the latter noting that, \u201cthe question of resuming flights between Egypt and Russia remains unsolved after Putin\u2019s visit, a significant setback for Egypt.\u201d The New York Times also gets the flights angle wrong, but its <a href=\"https:\/\/www.nytimes.com\/2017\/12\/11\/world\/europe\/putin-syria-russia.html\">piece by Neil MacFarquhar and Anne Barnard<\/a> is otherwise one of the best on yesterday\u2019s developments.<\/p>\n<p><strong>Also getting a little bit of ink this morning:<\/strong> Palestinian President Mahmoud Abbas\u2019 <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-israel-abbas\/palestinian-leader-abbas-in-cairo-istanbul-to-rally-region-over-jerusalem-idUSKBN1E511N\">stop in Cairo<\/a> for coffee with President Abdel Fattah El Sisi; the <a href=\"http:\/\/www.dailymail.co.uk\/news\/article-5168469\/Brit-faces-months-longer-Egypt-jail-drug-smuggling.html\">upcoming Christmas Day trial<\/a> of a UK woman charged with smuggling opioids into Egypt; and <a href=\"http:\/\/nationalpost.com\/news\/world\/archaeologists-discover-2-ancient-tombs-in-egypts-luxor\">the Luxor tomb discovery<\/a> we noted earlier this week.<\/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=\"635745\" 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=\"635745\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/the-us-and-russia-are-in-a-tug-of-war-for-power-and-influence-over-egypt\/\">\r\n                            The US and Russia are in a tug of war for power and influence over Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/the-us-and-russia-are-in-a-tug-of-war-for-power-and-influence-over-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Each country comes with its own set of carrots and sticks: The US uses its economic and military aid as leverage to mold Egypt\u2019s policies on Israel, human rights, and our ties with Russia. Russia is taking advantage of its tourism market and the planned Russian Industrial Zone. Adib seems to think that Egypt has done a good job so far of balancing the two powers and benefiting from what each has to offer, but claims that the balance will be more difficult to maintain now as Moscow and Washington are upping their efforts to undermine Egypt\u2019s sovereignty.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635746\" 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=\"635746\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/\">\r\n                            Starving polar bear in Canada\u2019s Baffin Island shows what climate change looks like                        <\/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\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/\" 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\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/')\">\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\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/\">\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=Starving polar bear in Canada\u2019s Baffin Island shows what climate change looks like&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/\">\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\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/&title=Starving polar bear in Canada\u2019s Baffin Island shows what climate change looks like\">\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=Starving+polar+bear+in+Canada%E2%80%99s+Baffin+Island+shows+what+climate+change+looks+like+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fstarving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like%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\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1267.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"635747\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/starving-polar-bear-in-canadas-baffin-island-shows-what-climate-change-looks-like\/1267-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1267.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1267.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1267.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/12\/1267.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635746\" class=\"content-area-description single-story post-635746 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>This heart-wrenching video of an emaciated polar bear struggling to find food on Canada\u2019s Baffin Island is all you need to see to understand the effects of climate change<\/strong>. Polar bears normally feed on seals, but they have lost access to their main dietary staple as global temperatures rise and sea ice continues to melt, disrupting the entire ecosystem. The footage, captured by National Geographic photographer Paul Nicklen, gives us a very harrowing and tangible image of what climate change is doing to the planet and its inhabitants (<a href=\"https:\/\/www.facebook.com\/natgeo\/videos\/10155218815303951\/\">watch, runtime: 1:08<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635748\" 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=\"635748\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/\">\r\n                            El Sisi meets Palestine\u2019s Mahmoud Abbas in Cairo                        <\/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\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/\" 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\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/')\">\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\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=El Sisi meets Palestine\u2019s Mahmoud Abbas in Cairo&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/\">\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\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/&title=El Sisi meets Palestine\u2019s Mahmoud Abbas in Cairo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+meets+Palestine%E2%80%99s+Mahmoud+Abbas+in+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fel-sisi-meets-palestines-mahmoud-abbas-in-cairo%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\/12\/el-sisi-meets-palestines-mahmoud-abbas-in-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635748\" class=\"content-area-description single-story post-635748 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 and his Palestinian counterpart Mahmoud Abbas agreed yesterday to continue rallying international support against the Trump administration\u2019s recognition of Jerusalem as Israel\u2019s capital<\/strong>, <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/310595449459842\">Ittihadiya said in a statement<\/a>. The two also agreed that the Palestinian reconciliation process must proceed to help the country\u2019s position. Abbas also met with Arab League Secretary General Ahmed Aboul Gheit in Cairo, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-israel-abbas\/palestinian-leader-abbas-in-cairo-istanbul-to-rally-region-over-jerusalem-idUSKBN1E511N\">Reuters reports<\/a>. His visit comes as students and professors in Egypt continued to hold protests on university campuses against US President Donald Trump\u2019s declaration, <a href=\"http:\/\/www.egyptindependent.com\/university-presidents-staff-students-protest-trumps-jerusalem-decision\/\">according to Al Masry Al Youm<\/a>. The Palestinian president should be in Istanbul today to attend an emergency meeting at the Organization of Islamic Cooperation. Foreign Minister Sameh Shoukry will also attend the summit in the Turkish capital, <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1796081283797143\">according to a statement<\/a>.<\/p>\n<p>Meanwhile, <strong>Israeli Prime Minister Benjamin Netanyahu \u201cmet a firm rebuff\u201d from several EU countries who refused to follow America\u2019s lead<\/strong> in moving their embassies in Israel to Jerusalem, <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-israel-eu\/eu-tells-netanyahu-it-rejects-trumps-jerusalem-move-idUSKBN1E50KO\">Reuters reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"635751\" 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=\"635751\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\">\r\n                            EETC issues first tender outside FiT program for 600 MW of solar energy                        <\/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\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\" 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\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/')\">\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\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\">\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=EETC issues first tender outside FiT program for 600 MW of solar energy&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\">\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\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/&title=EETC issues first tender outside FiT program for 600 MW of solar energy\">\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=EETC+issues+first+tender+outside+FiT+program+for+600+MW+of+solar+energy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Feetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy%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\/12\/eetc-issues-first-tender-outside-fit-program-for-600-mw-of-solar-energy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635751\" class=\"content-area-description single-story post-635751 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>The Egyptian Electricity Transmission Company (EETC) issued its first tender outside the feed-in tariff program for 600 MW of solar power projects west of the Nile, <a href=\"https:\/\/www.pv-magazine.com\/2017\/12\/11\/egypt-issues-tender-for-600-mw-of-solar\/\">PV Magazine reports<\/a>. Under the new system, the EETC will issue competitive solar and renewable energy projects. Interested developers who have prior experience will be allowed to submit their technical and financial bids until 14 January, 2018. Winning offers will be awarded long-term power purchase agreements, and the projects will be established under a build-own-operate 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\/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=\"635755\" 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=\"635755\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/\">\r\n                            Public Funds Prosecution investigates ACDIMA over penicillin shortage                        <\/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\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/\" 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\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/')\">\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\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/\">\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=Public Funds Prosecution investigates ACDIMA over penicillin shortage&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/\">\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\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/&title=Public Funds Prosecution investigates ACDIMA over penicillin shortage\">\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=Public+Funds+Prosecution+investigates+ACDIMA+over+penicillin+shortage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fpublic-funds-prosecution-investigates-acdima-over-penicillin-shortage%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\/12\/public-funds-prosecution-investigates-acdima-over-penicillin-shortage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635755\" class=\"content-area-description single-story post-635755 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A prosecutor\u2019s office in charge of investigating the misuse of public funds is probing the Arab Company for Drug Industries and Medical Appliances (ACDIMA) amid allegations it engaged in monopolistic practices that resulted in a penicillin shortage in the local market, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1230181\">Al Masry Al Youm reports<\/a>. The Health Ministry is reportedly accusing ACDIMA\u2019s former president, Medhat Shaarawi, of halting an incoming shipment of penicillin and rerouting the shipment through a company owned by one of his family members. The ministry alleges that was behind the <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/03\/alleged-penicillin-shortages-revives-push-for-raising-med-prices\/\">penicillin shortage<\/a> citizens began complaining about earlier this month. Shaarawi has denied the allegations.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635756\" 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=\"635756\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/\">\r\n                            Al Ahly Capital to set up factoring arm in 1H2018                        <\/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\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/\" 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\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/')\">\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\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/\">\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=Al Ahly Capital to set up factoring arm in 1H2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/\">\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\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/&title=Al Ahly Capital to set up factoring arm in 1H2018\">\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=Al+Ahly+Capital+to+set+up+factoring+arm+in+1H2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fal-ahly-capital-to-set-up-factoring-arm-in-1h2018%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\/12\/al-ahly-capital-to-set-up-factoring-arm-in-1h2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635756\" class=\"content-area-description single-story post-635756 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al Ahly Capital is planning to set up a factoring arm in 1H2018 as part of its strategy to expand its non-bank financial services offering, CEO Khaled Badawi tells <a href=\"https:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN1E50EF\">Reuters' Arabic service<\/a>. The company would have an initial capital of EGP 300 mn.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635757\" 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=\"635757\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/\">\r\n                            House Economics Committee plans to summon Sahar Nasr over delay in roll out of investor service center, map of industrial projects                        <\/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\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/\" 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\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/')\">\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\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/\">\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=House Economics Committee plans to summon Sahar Nasr over delay in roll out of investor service center, map of industrial projects&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/\">\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\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/&title=House Economics Committee plans to summon Sahar Nasr over delay in roll out of investor service center, map of industrial projects\">\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=House+Economics+Committee+plans+to+summon+Sahar+Nasr+over+delay+in+roll+out+of+investor+service+center%2C+map+of+industrial+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fhouse-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects%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\/12\/house-economics-committee-plans-to-summon-sahar-nasr-over-delay-in-roll-out-of-investor-service-center-map-of-industrial-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635757\" class=\"content-area-description single-story post-635757 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The House Economics Committee may summon Investment Minister Sahar Nasr answer questions about what it says is a delay in setting up an investor service center, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1734603.aspx\">Ahram Gate reports<\/a>. The committee will question Nasr over \u201cconflicts\u201d between different ministries, which has delayed the establishment of the center and the release of the ministry\u2019s investment map of 600 projects, committee deputy head Medhat El Sherif says. He points to the Trade and Industry Ministry\u2019s success in releasing its industrial investment map as evidence that the Investment Ministry is not prioritizing its own map.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"635759\" 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=\"635759\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/\">\r\n                            Endeavor Egypt hold their Annual Mentor Awards                        <\/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\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/\" 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\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/')\">\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\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/\">\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=Endeavor Egypt hold their Annual Mentor Awards&url=https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/\">\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\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/&title=Endeavor Egypt hold their Annual Mentor Awards\">\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=Endeavor+Egypt+hold+their+Annual+Mentor+Awards+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F12%2F12%2Fendeavor-egypt-hold-their-annual-mentor-awards%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\/12\/endeavor-egypt-hold-their-annual-mentor-awards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635759\" class=\"content-area-description single-story post-635759 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>Endeavor Egypt held an event honoring mentors for their contributions in guiding Egyptian entrepreneurs<\/strong>, the organization <a href=\"https:\/\/ent.news\/2017\/12\/1063.pdf\">said in an emailed statement (pdf)<\/a>. Transcendium founder and executive partner Alaa Hashim was celebrated as the group\u2019s mentor of the year. Ten others, including Ezdehar Managing Partner <strong>Emad Barsoum<\/strong>, Orascom Development Holding CEO <strong>Khaled Bichara<\/strong>, and our friend PwC Country Senior Partner <strong>Tarek Mansour<\/strong> each received awards recognizing their 10-year commitment to mentorship with Endeavor Egypt. The ceremony brought together more than 100 entrepreneurs.<\/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=\"635760\" 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=\"635760\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/12\/12\/635760\/\">\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\/12\/635760\/\" 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\/12\/635760\/')\">\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\/12\/635760\/\">\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\/12\/635760\/\">\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\/12\/635760\/&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%2F12%2F635760%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\/12\/635760\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635760\" class=\"content-area-description single-story post-635760 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 17.7544 | Sell 17.8544<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> (Monday): 14,427 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 967 mn (7% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +16.9%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session up 0.1%. CIB, the index heaviest constituent closed down 1.0%. EGX30\u2019s top performing constituents were Abu Dhabi Islamic Bank up 4.6%; Arab Cotton Ginning up 3.9%; and Kima up 3.0%. Yesterday\u2019s worst performing stocks were Domty down 1.3%; Egyptian Iron & Steel down 1.2%; and CIB down 1.0%. The market turnover was EGP 967 mn, and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -65.3 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +16.2 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +49.1 mn<\/p>\n<p><strong>Retail<\/strong>: 69.8% of total trades | 71.9% of buyers | 67.7% of sellers<br \/>\n <strong>Institutions<\/strong>: 30.2% of total trades | 28.1% of buyers | 32.3% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 15.5% of total | 12.1% of buyers | 18.9% of sellers<br \/>\n <strong>Regional:<\/strong> 13.7% of total | 14.5% of buyers | 12.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 70.8% of total | 73.4% of buyers | 68.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 57.95 (+1.03%)<br \/>\n <strong>Brent:<\/strong> USD 64.61 (+1.91%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.80 MMBtu, (+1.01%, January 2018 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,244.0 \/ troy ounce (-0.35%)<br\n<strong>TASI:<\/strong> 7,100.46 (-0.62%) (YTD: -1.53%)<br \/>\n <strong>ADX:<\/strong> 4,356.3 (+1.43%) (YTD: -4.18%)<br \/>\n <strong>DFM:<\/strong> 3,414.05 (+0.55%) (YTD: -3.31%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 390.43 (-0.7%) (YTD: +2.72%)<br \/>\n <strong>QE:<\/strong> 7,923.07 (+1.22%) (YTD: -24.08%)<br \/>\n <strong>MSM:<\/strong> 5,041.06 (-0.43%) (YTD: -12.83%)<br \/>\n <strong>BB: <\/strong>1,265.09 (-0.03%) (YTD: +3.66%)<\/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=\"635761\" 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\/12\/635761\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-635761\" class=\"content-area-description single-story post-635761 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":635719,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-635718","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a5105bba-b07f-4b05-bff8-5280e44f41ef","teaser":"","photo_url":"https:\/\/ent.news\/2017\/12\/821.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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