{"id":636862,"date":"2017-11-02T03:50:53","date_gmt":"2017-11-02T03:50:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=636862"},"modified":"2025-12-17T15:06:56","modified_gmt":"2025-12-17T15:06:56","slug":"billboard-crackdown-at-lastplus-eaef-acquires-orchidia-pharma-stake-and-happy-float-a-versary","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/billboard-crackdown-at-lastplus-eaef-acquires-orchidia-pharma-stake-and-happy-float-a-versary\/","title":{"rendered":"Billboard crackdown at last?\r\nPlus: EAEF acquires Orchidia Pharma stake \u2014 and happy float-a-versary"},"content":{"rendered":"<section id=\"636864\" 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=\"636864\">\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\/11\/02\/what-were-tracking-on-02-november-2017\/\">\r\n                            What we\u2019re tracking on 02 November 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\/11\/02\/what-were-tracking-on-02-november-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\/11\/02\/what-were-tracking-on-02-november-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\/11\/02\/what-were-tracking-on-02-november-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=What we\u2019re tracking on 02 November 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/what-were-tracking-on-02-november-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\/11\/02\/what-were-tracking-on-02-november-2017\/&title=What we\u2019re tracking on 02 November 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=What+we%E2%80%99re+tracking+on+02+November+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fwhat-were-tracking-on-02-november-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\/11\/02\/what-were-tracking-on-02-november-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636864\" class=\"content-area-description single-story post-636864 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a><strong>Happy Float-a-versary: We\u2019d like to take a moment to remind everyone that tomorrow is the one-year anniversary of the EGP float <\/strong>\u2014 or the turning point in Egypt\u2019s economic recovery. On the morning of 3 November last year, the Central Bank of Egypt moved \u201cwith immediate effect, to a liberalised exchange rate regime to quell any distortions in the domestic foreign currency market \u2026 [to] allow market demand and supply dynamics to work effectively in order to create an environment of reliable and sustainable provision of foreign currency.\u201d In a stroke, the EGP went from being the fourth most-expensive currency in global emerging markets to the third cheapest. The move was critical to securing Egypt\u2019s USD 12 bn IMF loan. From the rally in the carry trade to improving tourism and spiraling inflation, 2017 has been the post-float year. We\u2019ll leave you with <a href=\"https:\/\/enterprise.press\/issues\/2016\/11\/04\/special-issue-petrol-gas-prices-rose-last-night-everything-need-know-happened-yesterday\/\">last year\u2019s special issue on the EGP float<\/a> and our <a href=\"https:\/\/enterprise.press\/2016\/12\/08\/tarek-amer-2016-enterprise-newsmaker-year\/\">extensive interview shortly after with CBE Governor Tarek Amer<\/a>, our Newsmaker of the Year for 2016.<\/p><p>As <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/01\/what-were-tracking-on-01-november-2017\/\">we noted yesterday<\/a>, <strong>CBE Governor Tarek Amer marked the occasion by giving his take on how the float has helped the economy<\/strong>. A move to a complete float of the EGP will help the economy withstand future shocks, said Amer at a gathering organized by the Canadian-Egyptian Business Council. He expects that the EGP will appreciate and continue to do so as foreign direct investment increases. The banking sector had managed to draw in some USD 80 bn as a result of the move, <a href=\"https:\/\/alborsanews.com\/2017\/11\/01\/1062161\">he added<\/a>.<\/p><p><strong>Tunisia is one year behind Egypt: <\/strong>Tunisia has asked banks to stop giving credit to importers of non-essential goods, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-10-31\/tunisia-curbs-credit-for-non-essential-goods-as-fx-reserves-dip\">Jihen Laghmari and Lin Noueihed write for Bloomberg<\/a>. The limits are designed to curb a growing budget deficit and a decline in FX reserves. \u201cThe move mirrors import restrictions imposed in nearby Egypt as it struggled with acute foreign-currency shortages that virtually paralyzed trade and investment before the central bank floated the pound in November. Foreign reserves in Egypt have recovered since most capital restrictions were removed last year,\u201d despite the drop in the EGP\u2019s value and the rise in inflation. The Tunisian dinar is loosely pegged to a basket of currencies.<\/p><p><strong>Fed leaves interest rates on hold:<\/strong> The Federal Reserve kept interest rates unchanged on Wednesday on the back of a solid US economic growth and a strengthening labor market. \u201cThe labor market has continued to strengthen and ... economic activity has been rising at a solid rate despite hurricane-related disruptions,\u201d the <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/pressreleases\/monetary20171101a.htm\">Federal Open Market Committee said in a statement<\/a> after its unanimous policy decision. The Fed did acknowledge, however, that inflation remained soft but did not downgrade their assessment of pricing expectations.<\/p><p>(Closer to home: The Central Bank of Egypt\u2019s Monetary Policy Committee <a href=\"http:\/\/www.cbe.org.eg\/en\/MonetaryPolicy\/Pages\/MPCMeetingSchedule.aspx\">meets two weeks from today<\/a> on 16 November. We don\u2019t expect an interest rate cut until its 28 December meeting at the earliest.)<\/p><p><strong>This comes as US President Donald Trump plans to nominate Jerome Powell, a sitting Fed governor since 2012, as chair of the US Federal Reserve<\/strong>, replacing Janet Yellen. The former Carlyle Group managing director and ex-Treasury undersecretary reportedly favors a gradual increase in interest rates while supporting Trump\u2019s move towards deregulation. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-11-01\/powell-to-be-trump-s-nominee-for-fed-chair-replacing-yellen-wsj\">Bloomberg<\/a>, the <a href=\"https:\/\/www.wsj.com\/articles\/trump-to-tap-feds-jerome-powell-for-fed-chairman-1509568166\">Wall Street Journal<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/0a401588-b8d5-11e7-9bfb-4a9c83ffa852\">Financial Times<\/a> are all out with pieces claiming Powell will be The Donald\u2019s nominee.<\/p><p>And speaking of Amreeka, <strong>could expanded US sanctions on Russia impact Egypt\u2019s oil and gas industry? <\/strong>The US Treasury Department\u2019s Office of Foreign Asset Control (OFAC) published yesterday \u201can amendment to sanctions against exploration or production for deepwater, Arctic offshore, or shale projects implemented by Russian companies, including abroad,\u201d <a href=\"http:\/\/www.reuters.com\/article\/russia-usa-energy-sanctions\/expanded-u-s-sanctions-may-affect-russias-foreign-expansion-in-oil-and-gas-idUSL8N1N74IM\">Reuters reports<\/a>. Among the triggers is a Russian oil company breaking the 33% ownership barrier, the newswire notes. <strong>Where is Russia involved in deep water work? Look no further than Egypt<\/strong>, where Rosneft <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/22\/rosneft-looking-into-expanding-zohr-stake\/\">recently closed its acquisition of a 30% stake in the Zohr<\/a> supergiant field and is believed to be in the market for an additional 5% share. Russia has recently been <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/31\/russia-using-rosneft-as-a-foreign-policy-tool-nyt\/\">accused of using Rosneft<\/a> as a foreign policy tool. (Shocking that any nation state would do so, no?) <a href=\"https:\/\/www.treasury.gov\/resource-center\/sanctions\/Programs\/Documents\/eo13662_directive4_20171031.pdf\">The OFAC regs are here (pdf)<\/a> for those who want to have a look.<\/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=\"636865\" 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  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class=\"stk-block-content stk-inner-blocks stk-q70e4p5-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-cas68j7\" data-v=\"4\" 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HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-the-horizon-120\/\">\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\/11\/02\/on-the-horizon-120\/\" 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 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                  \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-the-horizon-120\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636866\" class=\"content-area-description single-story post-636866 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Egypt is on track to issue its first electronic visa in December<\/strong> as part of the rollout of a number of e-government services at the <a href=\"http:\/\/cairoict.com\/\">Cairo ICT expo<\/a> running from 3-6 December, <a href=\"http:\/\/www.almalnews.com\/Story\/351544\/17\/%D9%85%D9%8A%D8%AF%D9%8A%D8%A7-%D9%85%D9%8A%D8%B1%D9%83%D9%8A%D8%B1%D9%89-%D8%B3%D9%86%D8%AD%D8%AA%D9%81%D9%84-%D9%81%D9%8A-cairo-ict-%D8%A8%D8%A3%D9%88%D9%84-%D9%85%D8%AD%D9%85%D9%88%D9%84-%D9%85%D8%B5%D8%B1%D9%89-%D9%88%D9%81%D9%8A%D8%B2%D8%A7-%D8%A5%D9%84%D9%83%D8%AA%D8%B1%D9%88%D9%86%D9%8A%D8%A9\">Al Mal reports<\/a>. The long-talked about e-visa system, which <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/01\/electronic-visa-system-to-be-launched-within-weeks\/\">was expected to be implemented in May<\/a>, had been a cornerstone strategy of the Tourism Ministry to help stimulate tourism industry. It has met stiff resistance from many in industry who see it as another barrier to the return of tourism.<\/p>\n<p><strong>EFG Hermes will hold its <\/strong><a href=\"http:\/\/irmailshots.inktankcommunications.com\/t\/i-l-odkvkl-zikuiltkj-v\/\"><strong>7th Annual London Conference next week<\/strong><\/a><strong>.<\/strong> The conference, which runs 6-9 November, will see C-suite execs from top listed companies in MENA as well as frontier markets (among them Pakistan, Kenya, Nigeria, Bangladesh, and Sri Lanka) meet face-to-face with top global investors with mandates to invest in emerging and frontier markets. The event will take place at Emirates Arsenal Stadium in London.<\/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=\"636867\" 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=\"636867\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/\">\r\n                            Yet another boring night on the airwaves, with no econ or business topics of note                        <\/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\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/\" 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\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/')\">\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\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/\">\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=Yet another boring night on the airwaves, with no econ or business topics of note&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/\">\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\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/&title=Yet another boring night on the airwaves, with no econ or business topics of note\">\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=Yet+another+boring+night+on+the+airwaves%2C+with+no+econ+or+business+topics+of+note+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fyet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note%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\/11\/02\/yet-another-boring-night-on-the-airwaves-with-no-econ-or-business-topics-of-note\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636867\" class=\"content-area-description single-story post-636867 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>It was yet another bland night on the airwaves last night, with not one talking head discussing econ or business-relevant topics.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>On Masaa\u2019 DMC, Osama Kamal on the Ismail cabinet\u2019s decision to stop issuing licenses for new billboards<\/strong> with the head of the Federation of Egyptian Industries\u2019 advertising division, Ashraf Khairy. Khairy told Kamal that Cabinet\u2019s decision came in response to a request his division had presented, and is the fruit of a committee Prime Minister Sherif Ismail had established in March to look into the issue (<a href=\"https:\/\/www.youtube.com\/watch?v=3hBrc-qRKSg\">watch, runtime 6:57<\/a>). In the grand scheme of things, this is a sideshow, but we\u2019re not complaining \u2014 billboards are overpriced blights that nobody can read while doing 120 km\/h down the Mehwar anyway \u2014 and that folks stuck in gridlock are too frustrated to look up and read. But they sure as [redacted] are ugly.<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib said that the decision is grossly overdue<\/strong> and needs to be complemented with a new system to re-price the billboards and their licensing (<a href=\"https:\/\/www.youtube.com\/watch?v=j32DKPfiYb0\">watch, runtime: 1:58<\/a>).<\/p>\n<p><strong>The father of Mohamed El Hayes also phoned in<\/strong> to tell Adib that his son, a police captain rescued after being captured by terrorists during the Wahat attack, is preparing for a second surgery. The captain apparently has significant intel to share with security forces once his health recovers (<a href=\"https:\/\/www.youtube.com\/watch?v=Mnz1nOHZy70\">watch, runtime 4:52<\/a>).<\/p>\n<p><strong>Over on Yahduth fi Masr, Sherif Amer<\/strong> noted that President Abdel Fattah El Sisi had visited El Hayes yesterday following surgery.<\/p>\n<p><strong>Amer spent the rest of his episode having his weekly chat with political analyst Mostafa El Fekki<\/strong>, this time about the prospects for next year\u2019s presidential elections. El Fekki called on political parties to present nominees to run in the elections, saying that President Abdel Fattah El Sisi would not accept re-election without any competition.<\/p>\n<p><strong>Hona Al Asema\u2019s Lamees Al Hadidi<\/strong> spent the entirety of her episode paying tribute to composer and singer Mohamed Fawzy (<a href=\"https:\/\/www.youtube.com\/watch?v=rh8p8G8eSxQ\">watch, runtime 2:00:18<\/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=\"636868\" 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=\"636868\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\">\r\n                            Egyptian eurobond yields continue to drop                        <\/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\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\" 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\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/')\">\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\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\">\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=Egyptian eurobond yields continue to drop&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\">\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\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/&title=Egyptian eurobond yields continue to drop\">\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=Egyptian+eurobond+yields+continue+to+drop+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fegyptian-eurobond-yields-continue-to-drop%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\/11\/02\/egyptian-eurobond-yields-continue-to-drop\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636868\" class=\"content-area-description single-story post-636868 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egyptian eurobond yields continued to decline on overweight investor demand<\/strong>, according to the most recent <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/11\/BNP-Paribas-Africa-Weekly-30.10.2017.pdf\">Africa DCM Market Update by BNP Paribas<\/a> (pdf). Our friends at the bank tell us they are seeing strong buying activity from US and UK real-money funds in the secondary market. Yields on Egyptian eurobonds declined to their lowest level since issuance with five-year bonds trading at 4.98%,10-year at 5.99%, and 30-year ones at 7.43%. Also, the USD cost of funding declined by 125-150 bps in 2017 y-t-d driven by improved credit perception and favourable Emerging Markets sentiment, the report notes.<\/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=\"636876\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636877\" 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=\"636877\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/have-we-reached-peak-emerging-market-debt\/\">\r\n                            Have we reached peak emerging market debt?                        <\/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\/11\/02\/have-we-reached-peak-emerging-market-debt\/\" 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\/11\/02\/have-we-reached-peak-emerging-market-debt\/')\">\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\/11\/02\/have-we-reached-peak-emerging-market-debt\/\">\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=Have we reached peak emerging market debt?&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/have-we-reached-peak-emerging-market-debt\/\">\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\/11\/02\/have-we-reached-peak-emerging-market-debt\/&title=Have we reached peak emerging market debt?\">\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=Have+we+reached+peak+emerging+market+debt%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fhave-we-reached-peak-emerging-market-debt%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\/11\/02\/have-we-reached-peak-emerging-market-debt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636877\" class=\"content-area-description single-story post-636877 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Have we reached peak emerging market debt?<\/strong> Emerging market debt is starting to fall as a proportion of economic output for the first time since 2011, potentially helping assuage some of the concerns over ballooning borrowing, writes Steven Johnson for <a href=\"https:\/\/www.ft.com\/content\/37573968-bb03-11e7-8c12-5661783e5589\">the Financial Times<\/a>. Total EM debt (including that of governments, nonfinancial companies and households) is believed will fall to 167.2% of GDP by December, down from a record 167.8% at the end of 2016, according to data from JPMorgan. <strong>The decline in debt ratios has been driven both by a decline in the rate of growth of private sector bank credit and an increase in nominal GDP growth<\/strong>, says Johnson. Doubts remain as to whether the improvement will continue. The Institute of International Finance has apparently raised a red flag over the rising tide of \u201cstressed\u201d emerging market companies that may struggle to repay their debts.<\/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=\"636878\" 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=\"636878\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cursed-tomb-opened-after-30-years\/\">\r\n                            \u201cCursed\u201d tomb opened after 30 years                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cursed-tomb-opened-after-30-years\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cursed-tomb-opened-after-30-years\/')\">\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\/11\/02\/cursed-tomb-opened-after-30-years\/\">\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=\u201cCursed\u201d tomb opened after 30 years&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cursed-tomb-opened-after-30-years\/\">\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\/11\/02\/cursed-tomb-opened-after-30-years\/&title=\u201cCursed\u201d tomb opened after 30 years\">\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=%E2%80%9CCursed%E2%80%9D+tomb+opened+after+30+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fcursed-tomb-opened-after-30-years%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\/11\/02\/cursed-tomb-opened-after-30-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/412.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"636879\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cursed-tomb-opened-after-30-years\/412-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/412.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"412.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/412.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/412.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636878\" class=\"content-area-description single-story post-636878 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Archaeologists have reopened a \u201ccursed\u201d tomb that housed laborers that worked on the Pyramids for the first time since it was discovered some 30 years ago,<\/strong> <a href=\"http:\/\/www.newsweek.com\/ancient-egypt-tomb-cursed-giza-pyramid-workers-reopen-698463\">according to Newsweek<\/a>. The reopening comes as part of efforts to boost tourism and restore more sites for public display. Two other tombs in the area have been opened up with similar plans of restoration, one of which belonged to Khufu Khaf, son of King Khufu.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636880\" 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=\"636880\">\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\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/\">\r\n                            Lawyer promoting rape, harassment leads coverage of 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\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Lawyer promoting rape, harassment leads coverage of Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/&title=Lawyer promoting rape, harassment leads coverage of Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Lawyer+promoting+rape%2C+harassment+leads+coverage+of+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Flawyer-promoting-rape-harassment-leads-coverage-of-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/lawyer-promoting-rape-harassment-leads-coverage-of-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636880\" class=\"content-area-description single-story post-636880 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>Lawyer promoting rape, harassment leads coverage of Egypt<\/strong>: It is with great shame that we confirm that the lawyer who claimed that the rape and harassment of women who don ripped jeans to be a \u201cnational\u201d and \u201cpatriotic\u201d duty is leading coverage of Egypt in the western press this morning. The National Council for Women announced it will file a legal complaint against lawyer Nabih Al Wahsh and Al Asema, the television channel on which he made his claims, <a href=\"http:\/\/www.express.co.uk\/news\/world\/874012\/national-duty-sexual-assault-harassment-rape-ripped-jeans-revealing-clothes-Egypt-lawyer\">Express reports<\/a>. <a href=\"https:\/\/www.westernjournalism.com\/egyptian-lawyer-raping-women-expose-legs-ripped-jeans-mans-national-duty\/\">According to Western Journalism<\/a>, this isn\u2019t the first time lawyer Nabih Al Wahsh\u2019s television presence has been less than composed; last year, he reportedly used his shoe to hit an imam who claimed that wearing a hijab is not compulsory for Egyptian women.<\/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=\"636884\" 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=\"636884\">\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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/\">\r\n                            Will the World Youth Forum tackle contentious issues?                        <\/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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/\" 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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/')\">\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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/\">\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=Will the World Youth Forum tackle contentious issues?&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/\">\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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/&title=Will the World Youth Forum tackle contentious issues?\">\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=Will+the+World+Youth+Forum+tackle+contentious+issues%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fwill-the-world-youth-forum-tackle-contentious-issues%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\/11\/02\/will-the-world-youth-forum-tackle-contentious-issues\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636884\" class=\"content-area-description single-story post-636884 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Will the World Youth Forum tackle sensitive issues that are important to the youth?<\/strong> So far, it seems more likely that the forum will focus on topics that everyone \u2014 including the government \u2014 can agree are important, such as giving the youth a chance to contribute their thoughts and ideas to the development of their countries, <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=01112017&id=b36c12a7-659b-47ee-bcfc-69d364de65e8\">Al Shorouk\u2019s Abdullah El Sennawy writes<\/a>. However, there are other important issues that would give the forum its true value if tackled, including the youth\u2019s disillusionment with the democratic process and the lack of public freedoms, El Sennawy says. As it currently stands, he says, the forum seems to be an attempt to paint a rosy picture of life for Egypt\u2019s youth with an added bonus of stimulating tourism.<\/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=\"636885\" 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=\"636885\">\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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/\">\r\n                            McDonald\u2019s Egypt not clowning around with literacy campaign                        <\/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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/\" 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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/')\">\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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/\">\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=McDonald\u2019s Egypt not clowning around with literacy campaign&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/\">\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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/&title=McDonald\u2019s Egypt not clowning around with literacy campaign\">\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=McDonald%E2%80%99s+Egypt+not+clowning+around+with+literacy+campaign+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fmcdonalds-egypt-not-clowning-around-with-literacy-campaign%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\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1520.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"636886\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/mcdonalds-egypt-not-clowning-around-with-literacy-campaign\/1520-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1520.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1520.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1520.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/1520.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636885\" class=\"content-area-description single-story post-636885 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>McDonald\u2019s Egypt pulled off a staggeringly successful viral campaign by tricking people into making fun of them, <\/strong><a href=\"https:\/\/thinkmarketingmagazine.com\/mcdonalds-egypt-just-created-one-best-viral-campaigns-2017\/\">according to Think Marketing<\/a>. The premise is as follows: Put a donation box for education and literacy by cashiers with an \u201caccidental\u201d spelling mistake on it. Would satire-loving Egyptians be able to ignore the irony? McDonald\u2019s thought they wouldn\u2019t, and they were right: Mns of views for the reveal, tens of thousands of shares and posts by influential accounts. The con job plays on humor but delivers a powerful message (<a href=\"https:\/\/thinkmarketingmagazine.com\/mcdonalds-egypt-just-created-one-best-viral-campaigns-2017\/\">watch, runtime 2:18<\/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=\"636887\" 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=\"636887\">\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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/\">\r\n                            House delegation in DC addresses human rights concerns                        <\/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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/\" 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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/')\">\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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/\">\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 delegation in DC addresses human rights concerns&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/\">\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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/&title=House delegation in DC addresses human rights concerns\">\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+delegation+in+DC+addresses+human+rights+concerns+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fhouse-delegation-in-dc-addresses-human-rights-concerns%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\/11\/02\/house-delegation-in-dc-addresses-human-rights-concerns\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636887\" class=\"content-area-description single-story post-636887 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>House delegation in DC addresses human rights concerns: <\/strong>The parliamentary delegation visiting the US led by Speaker of the House of Representatives Ali Abdel Aal attempted to tell Egypt\u2019s side of the new NGO law, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/280783\/Egypt\/Politics-\/Egyptian-parliamentary-delegation-in-Washington-di.aspx\">according to Ahram Online<\/a>. Speaking at a meeting hosted by the Middle East Institute, Abdel Aal sought to clarify that the NGO law was aimed at transparency when it comes to funding and not part of a crackdown as some view it. It is still widely believed in some circles in Washington that the <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/24\/strained-ties-with-the-us-following-aid-cuts\/\">US had suspended USD 290 mn in aid to Egypt<\/a> ostensibly over human rights criticisms and specifically the NGO Law. He also addressed the Church's Construction Act as an example of the protective measures being extended to the country's minority. The US State Department had also levied criticisms on Egypt for the treatment of minorities.<\/p>\n<p>This comes as <strong>President Abdel Fattah El Sisi met with a delegation from the Anglican Church in the US, <\/strong><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/292975074555213\">according to an official statement<\/a>. The president expressed his condolences for the events that took place in Manhattan and discussed ways of combating and eradicating terrorism. US Vice President Mike Pence is expected in Egypt in December to address the issue of Christian rights in the Middle East.<\/p>\n<p><strong>US Press Secretary stops short of addressing Egypt\u2019s anti-LGBT bill<\/strong>: US Press Secretary Sarah Sanders said she would \u201chave to look into\u201d the specifics of Egypt\u2019s proposed bill to criminalize homosexuality before condemning the measure, <a href=\"https:\/\/www.whitehouse.gov\/the-press-office\/2017\/10\/27\/press-briefing-press-secretary-sarah-sanders-10272017-27\">according to a press briefing transcript<\/a>. \u201cI\u2019m not aware of the specifics \u2026 but we\u2019ll certainly be happy to check into it,\u201d Sanders said earlier this week. The bill would impose a 15-year prison sentence on those found guilty of homosexuality. This comes as <a href=\"https:\/\/www.hrw.org\/news\/2017\/11\/01\/egypt-doesnt-speak-africa-lgbt-issues\">Human Rights Watch<\/a> praised South African diplomats at the Africa Group in the UN for stating that Egypt does not speak for them on the matter of rejecting testimony of LGBT rights experts.<\/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=\"636891\" 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=\"636891\">\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\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/\">\r\n                            Cyprus working intensively to get gas exports to 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\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cyprus working intensively to get gas exports to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/&title=Cyprus working intensively to get gas exports to Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cyprus+working+intensively+to+get+gas+exports+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fcyprus-working-intensively-to-get-gas-exports-to-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/cyprus-working-intensively-to-get-gas-exports-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636891\" class=\"content-area-description single-story post-636891 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>Cyprus Hydrocarbon Company is working \u201cintensively\u201d towards making gas exports to Egypt possible, General Manager Panos Kelamis <a href=\"http:\/\/cyprus-mail.com\/2017\/11\/01\/cyprus-hydrocarbon-company-gm-optimistic-cyprus-energy-prospects\/\">told Cyprus Mail<\/a>. \u201cWe want to clinch an agreement, because this would be an agreement for 15-20 years that will offer Cyprus the maximum \u2026 We definitely want to go to Egypt, but we have certainly looked at the scenarios of a great discovery and the synergies that will exist,\u201d he says. Kelamis noted that negotiations are tough because \u201cprices are currently low.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"636895\" 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=\"636895\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/\">\r\n                            Gov\u2019t plans to increase developed areas to 14% of the country\u2019s total area                        <\/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\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/\" 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\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/')\">\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\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t plans to increase developed areas to 14% of the country\u2019s total area&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/\">\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\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/&title=Gov\u2019t plans to increase developed areas to 14% of the country\u2019s total area\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+plans+to+increase+developed+areas+to+14%25+of+the+country%E2%80%99s+total+area+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fgovt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area%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\/11\/02\/govt-plans-to-increase-developed-areas-to-14-of-the-countrys-total-area\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636895\" class=\"content-area-description single-story post-636895 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government is planning to increase the area of urban development in Egypt to 14% of its total land by 2030 from 7% currently, Planning Minister Hala El Saeed <a href=\"http:\/\/www.almalnews.com\/Story\/351448\/15\/%D9%87%D8%A7%D9%84%D8%A9-%D8%A7%D9%84%D8%B3%D8%B9%D9%8A%D8%AF-%D8%AE%D8%B7%D8%AA%D9%86%D8%A7-%D9%81%D9%8A-2030-%D8%A3%D9%86-%D9%86%D8%AA%D9%88%D8%B3%D8%B9-%D8%B9%D9%85%D8%B1%D8%A7%D9%86%D9%8A%D9%8B%D8%A7-%D9%81%D9%8A-14%D8%A8%D8%A7%D9%84%D9%85%D8%A6%D8%A9-%D9%85%D9%86-%D9%85%D8%B3%D8%A7%D8%AD%D8%A9-%D9%85%D8%B5%D8%B1\">told Al Mal<\/a>. The plan will require extensive infrastructure investment with participation from the private sector, she says.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636896\" 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=\"636896\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/\">\r\n                            Gov\u2019t purchases 3.665 mn tonnes of wheat in 4 months                        <\/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\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/\" 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\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/')\">\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\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t purchases 3.665 mn tonnes of wheat in 4 months&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/\">\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\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/&title=Gov\u2019t purchases 3.665 mn tonnes of wheat in 4 months\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+purchases+3.665+mn+tonnes+of+wheat+in+4+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fgovt-purchases-3-665-mn-tonnes-of-wheat-in-4-months%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\/11\/02\/govt-purchases-3-665-mn-tonnes-of-wheat-in-4-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636896\" class=\"content-area-description single-story post-636896 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt has purchased 3.665 mn tonnes of wheat between 1 July and 20 October, a Supply Ministry source <a href=\"https:\/\/alborsanews.com\/2017\/11\/01\/1062168\">tells Al Borsa<\/a>. Russian wheat accounted for 73.94% of these imports, supplying Egypt with 2.71 mn tonnes during the first four months of the fiscal year. Romanian and Ukrainian wheat accounted for 16% and 8% of Egypt\u2019s imports, respectively. Supply Minister Ali El Moselhy <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/30\/egypt-planning-to-import-7-mn-tonnes-of-wheat-this-year\/\">had said in July<\/a> that Egypt is looking to import a total of 7 mn tonnes during FY2017-18.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636899\" 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=\"636899\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\">\r\n                            Janssen Egypt calls on Health Ministry to raise meds prices                        <\/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\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\" 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\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/')\">\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\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\">\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=Janssen Egypt calls on Health Ministry to raise meds prices&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\">\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\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/&title=Janssen Egypt calls on Health Ministry to raise meds prices\">\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=Janssen+Egypt+calls+on+Health+Ministry+to+raise+meds+prices+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fjanssen-egypt-calls-on-health-ministry-to-raise-meds-prices%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\/11\/02\/janssen-egypt-calls-on-health-ministry-to-raise-meds-prices\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636899\" class=\"content-area-description single-story post-636899 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>Johnson & Johnson\u2019s pharma arm Janssen Pharmaceuticals Egypt called on Health Minister Ahmed Rady to raise medication prices in accordance with an agreement Rady had reached with pharma companies in January to hike prices in August, <a href=\"https:\/\/alborsanews.com\/2017\/11\/01\/1062029\">Al Borsa reports<\/a>. Pharma companies <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/13\/pharma-companies-to-lobby-for-second-med-price-increase-for-august-sources\/\">have been lobbying<\/a> for several months to increase prices following fuel price hikes, particularly as Rady had promised to look into a second hike following <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/15\/health-ministry-issues-new-price-increases-on-meds\/\">the January increase<\/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\/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=\"636900\" 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=\"636900\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/\">\r\n                            Auto sales fall 30% y-o-y in September                        <\/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\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/\" 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\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/')\">\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\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/\">\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=Auto sales fall 30% y-o-y in September&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/\">\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\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/&title=Auto sales fall 30% y-o-y in September\">\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=Auto+sales+fall+30%25+y-o-y+in+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fauto-sales-fall-30-y-o-y-in-september%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\/11\/02\/auto-sales-fall-30-y-o-y-in-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636900\" class=\"content-area-description single-story post-636900 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The great auto industry slump continues, with sales in September falling 30% y-o-y, with 12,300 vehicles sold during the month, according to an <a href=\"https:\/\/alborsanews.com\/2017\/11\/01\/1062149\">AMIC report picked up by Al Borsa<\/a>. 9M2017 sales dropped 38% y-o-y with around 96,200 vehicles sold. Passenger car sales dropped 25% to 9,600 cars, while bus sales took a huge hit of 53.5% to sell a measly 964 buses. Chevrolet was the top selling car in the month, with a 22.3% market share, followed by Nissan (16.5%), Hyundai (14.1%) and Toyota (8.2%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636902\" 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=\"636902\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/\">\r\n                            SEIIC close to two acquisitions in consumer sector                        <\/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\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/\" 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\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/')\">\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\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/\">\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=SEIIC close to two acquisitions in consumer sector&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/\">\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\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/&title=SEIIC close to two acquisitions in consumer sector\">\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=SEIIC+close+to+two+acquisitions+in+consumer+sector+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fseiic-close-to-two-acquisitions-in-consumer-sector%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\/11\/02\/seiic-close-to-two-acquisitions-in-consumer-sector\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636902\" class=\"content-area-description single-story post-636902 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Saudi Egyptian Industrial Investment Company (SEIIC) is closing in on two acquisitions in the food and pharma sectors, General Manager <a href=\"https:\/\/alborsanews.com\/2017\/11\/01\/1061899\">Ahmed Attallah told Al Borsa<\/a>. SEIIC hopes to acquire a 40-50% stake in each company, Attallah said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"636903\" 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=\"636903\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/\">\r\n                            Ikhwani businessman Hassan Malik charged with terrorism financing                        <\/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\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/\" 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\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/')\">\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\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/\">\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=Ikhwani businessman Hassan Malik charged with terrorism financing&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/\">\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\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/&title=Ikhwani businessman Hassan Malik charged with terrorism financing\">\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=Ikhwani+businessman+Hassan+Malik+charged+with+terrorism+financing+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fikhwani-businessman-hassan-malik-charged-with-terrorism-financing%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\/11\/02\/ikhwani-businessman-hassan-malik-charged-with-terrorism-financing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636903\" class=\"content-area-description single-story post-636903 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 Prosecutor General charged Ikhwani businessman Hassan Malik with belonging to a terrorist organization and financing the group on Wednesday,<a href=\"https:\/\/www.nytimes.com\/aponline\/2017\/11\/01\/world\/middleeast\/ap-ml-egypt-.html\">according to the Associated Press<\/a>. Malik has been in prison since October 2015.<\/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=\"636904\" 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=\"636904\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/\">\r\n                            On this day: 02 November                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=On this day: 02 November&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/&title=On this day: 02 November\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+this+day%3A+02+November+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F11%2F02%2Fon-this-day-02-november%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/128.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"636905\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/on-this-day-02-november\/128-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/128.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"128.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/128.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/11\/128.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636904\" class=\"content-area-description single-story post-636904 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>ON THIS DAY-<\/strong> The <a href=\"http:\/\/avalon.law.yale.edu\/20th_century\/balfour.asp\">Balfour Declaration<\/a> was made 100 years ago today. The declaration was a public statement issued by the British Foreign Secretary Arthur Balfour to Lord Walter Rothschild, a leader of the British Jewish community, during World War I announcing support for the establishment of a \"national home for the Jewish people\" in Palestine. It said \u201cHis Majesty's government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the achievement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.\u201d Britain flew up to 6,000 troops to Fayed on this day in 1951 as the last phase of what has been described as the biggest airlift of troops since World War II, \u201c<a href=\"http:\/\/news.bbc.co.uk\/onthisday\/hi\/dates\/stories\/november\/2\/newsid_3167000\/3167115.stm\">in an effort<\/a>to try to quell anti-British disturbances in the region.\u201d The Arab League suspended Egypt\u2019s membership on this day in 1978 for signing the Camp David Peace Accords with Israel. In 1976, Jimmy Carter was elected US President. In 2000, the first resident crew\u2014including one American and two Russians\u2014arrived at the International Space Station. <a href=\"https:\/\/enterprise.press\/issues\/2015\/11\/02\/el-sisi-outlines-economic-policy-in-speech-to-the-nation\/\">Two years ago<\/a>, we reported on President Abdel Fattah El Sisi outlining economic policy domestically and <a href=\"https:\/\/enterprise.press\/issues\/2016\/11\/02\/sisi-administration-gives-nod-new-tax-breaks-investment-incentives\/\">last year<\/a> he gave a nod to new tax breaks and investment incentives, a day before Egypt moved its currency regime to a free float.<\/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=\"636906\" 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=\"636906\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/02\/636906\/\">\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\/11\/02\/636906\/\" 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\/11\/02\/636906\/')\">\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\/11\/02\/636906\/\">\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\/11\/02\/636906\/\">\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\/11\/02\/636906\/&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%2F11%2F02%2F636906%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\/11\/02\/636906\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636906\" class=\"content-area-description single-story post-636906 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><span style=\"font-weight: bold;color: #696969;\">Powered by<\/span><br \/>\n<a href=\"http:\/\/www.pharosholding.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"Pharos Holding - http:\/\/www.pharosholding.com\/\" src=\"https:\/\/i0.wp.com\/enterprise.press\/mailshot-assets\/sponsors\/pharos\/pharos-logo.png?ssl=1\" style=\"display: inline-block;\" \/><\/a><\/p>\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.6037 | Sell 17.7035<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.58 | Sell 17.68<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.60 | Sell 17.70<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 14,277 (-0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.2 bn (26% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +15.7%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 0.5%. CIB, the index heaviest constituent closed down 0.2%. EGX30\u2019s top performing constituents were: Kima up 3.6%; Domty up 3.5%; and SODIC up 3.3%. Yesterday\u2019s worst performing stocks were: Porto Group down 4.7%; Emaar Misr down 3.3%; and Amer Group down 2.6%. The market turnover was EGP 1.2 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -60.2 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -31.1 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +91.3 mn<\/p>\n<p><strong>Retail<\/strong>: 65.5% of total trades | 66.4% of buyers | 64.6% of sellers<br \/>\n <strong>Institutions<\/strong>: 34.5% of total trades | 33.6% of buyers | 35.4% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 18.8% of total | 16.3% of buyers | 21.2% of sellers<br \/>\n <strong>Regional:<\/strong> 13.3% of total | 12.0% of buyers | 14.6% of sellers<br \/>\n <strong>Domestic:<\/strong> 67.9% of total | 71.7% of buyers | 64.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 54.24 (-0.11%)<br \/>\n <strong>Brent:<\/strong> USD 60.49 (-0.74%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.9 MMBtu, (+0.24%, DEC 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,276.00 \/ troy ounce (-0.1%)<\/p>\n<p><strong>TASI:<\/strong> 6,948.49 (+0.2%) (YTD: -3.63%)<br \/>\n <strong>ADX:<\/strong> 4,485.16 (+0.12%) (YTD: -1.35%)<br \/>\n <strong>DFM:<\/strong> 3,634.72 (-0.03%) (YTD: +2.94%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 419.27 (-0.15%) (YTD: 10.31%)<br \/>\n <strong>QE:<\/strong> 8,171.2 (+0.08%) (YTD: -21.71%)<br \/>\n <strong>MSM:<\/strong> 5,048.78 (+0.76%) (YTD: -12.69%)<br \/>\n <strong>BB: <\/strong>1,279.09 (+0.19%) (YTD: +4.8%)<\/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=\"636907\" 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\/11\/02\/636907\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-636907\" class=\"content-area-description single-story post-636907 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>06-07 November (Monday-Tuesday): <a href=\"http:\/\/www.letstalkevent.com\/EgyptCrisisCommunications\/#home2\">Crisis Communications Conference<\/a>, Four Seasons Nile Plaza Hotel, Cairo.<\/p>\n<p>06-09 November (Monday-Thursday): EFG Hermes\u2019 <a href=\"https:\/\/7londonconference.efghermes.com\/pages\/home.aspx\">7th Annual London Conference<\/a> on 6-9 November, Arsenal\u2019s Emirates Stadium.<\/p>\n<p>14 November (Tuesday): <a href=\"http:\/\/www.ebrd.com\/semed-forum-2017\">SEMED Business Forum: Investing for Sustainable Growth<\/a>, Conrad Hotel, Cairo.<\/p>\n<p>16 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>19-21 November (Sunday-Tuesday): 11th Annual <a href=\"http:\/\/injaz-egypt.org\/\">INJAZ Young Entrepreneurs Competition<\/a>, Four Seasons Nile Plaza, Cairo.<\/p>\n<p>01 December (Friday): Prophet\u2019s Birthday, national holiday.<\/p>\n<p>01-03 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/p>\n<p>03-05 December (Sunday-Tuesday): <a href=\"https:\/\/www.solartecegypt.com\/en\/home.html\">Solar-Tec<\/a>, Cairo International Exhibition & Convention Center.<\/p>\n<p>03-05 December (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix<\/a>, Cairo International Exhibition & Convention Center.<\/p>\n<p>03-06 December (Sunday-Wednesday): <a href=\"http:\/\/www.cairoict.com\/\">21st Cairo ICT<\/a>, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>07-09 December (Thursday-Saturday): <a href=\"http:\/\/www.businessforafricaforum.com\/\">The Africa 2017 forum:<\/a> \u201cBusiness for Africa, Egypt and the World\u201d Conference, Sharm El Sheikh.<\/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>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>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\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    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