{"id":638897,"date":"2017-10-17T03:55:09","date_gmt":"2017-10-17T03:55:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=638897"},"modified":"2025-12-17T16:18:10","modified_gmt":"2025-12-17T16:18:10","slug":"the-ipo-outlook-for-2018-looks-bright","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-ipo-outlook-for-2018-looks-bright\/","title":{"rendered":"The IPO outlook for 2018 looks bright"},"content":{"rendered":"<section id=\"638899\" 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=\"638899\">\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\/10\/17\/what-were-tracking-on-17-october-2017\/\">\r\n                            What we\u2019re tracking on 17 October 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\/10\/17\/what-were-tracking-on-17-october-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\/10\/17\/what-were-tracking-on-17-october-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\/10\/17\/what-were-tracking-on-17-october-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 17 October 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/what-were-tracking-on-17-october-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\/10\/17\/what-were-tracking-on-17-october-2017\/&title=What we\u2019re tracking on 17 October 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+17+October+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fwhat-were-tracking-on-17-october-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\/10\/17\/what-were-tracking-on-17-october-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638899\" class=\"content-area-description single-story post-638899 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><strong>The EGX30 got slammed yesterday, <\/strong>retreating 2.7% on a volumes that were about 52% above the trailing 90-day average \u2014 and underperforming on the regional and global fronts. The selling pressure came in the way of foreign institutions, which looked as though they were locking in profits after a good run and a clear resistance point on the charts. We have more in The Market Yesterday, below, and as always expanded data coverage <a href=\"https:\/\/enterprise.press\/\">in our web edition<\/a>.<\/p><p><strong>The House of Representatives\u2019 Transport Committee is expected to review the Egyptian <\/strong><strong>National Railways\u2019 USD 575 mn agreement with GE<\/strong> for the purchase of 100 new locomotives today. The committee is also waiting on the Ismail cabinet to send over legislative amendments that would allow the private sector to participate in the development, management, and operation of state rail assets.<\/p><p><strong>Foreign Minister Sameh Shoukry landed in Slovenia yesterday for a two-day visit, <\/strong>where he\u2019s set to hold cooperation talks with President Borut Pahor, Prime Minister Miro Cerar, and his counterpart Karl Erjavec, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1598111.aspx\">reports Ahram Gate<\/a>.<\/p><p><strong>The Financial Times\u2019 annual global executive MBA ranking is out. <\/strong>The FT\u2019s <a href=\"https:\/\/www.ft.com\/content\/02ebff9e-a512-11e7-8d56-98a09be71849\">lead story on its package is here<\/a>, and you can <a href=\"http:\/\/rankings.ft.com\/businessschoolrankings\/executive-mba-ranking-2017\">view the full rankings here<\/a>. The top five are:<\/p><ul type=\"disc\">\n<li><a href=\"http:\/\/emba.ust.hk\/\">Kellogg-HKUST EMBA<\/a> (China)<\/li>\n<li><a href=\"http:\/\/www.emba-global.com\/asia\/\">EMBA-Global Asia<\/a>(China \/ UK \/ US)<\/li>\n<li><a href=\"https:\/\/www.insead.edu\/master-programmes\/tiemba\">Tsinghua-Insead Dual Degree EMBA<\/a> (China \/ Singapore \/ France \/ UAE)<\/li>\n<li><a href=\"http:\/\/www.emba-global.com\/americasandeurope.html\">EMBA-Global Americas &amp; Europe<\/a> (US \/ UK)<\/li>\n<li><a href=\"https:\/\/www.triumemba.org\/\">Trium Global EMBA<\/a> (France \/ UK \/ US)<\/li>\n<\/ul><p><strong>Credit Suisse is the target of an activist shareholder campaign that\u2019s looking to unlock <\/strong><strong>value for shareholders <\/strong>by breaking the lagging institution up into an investment bank that revives the old First Boston brand, an asset manager, and a wealth management group that also includes the bank\u2019s retail and business banking operations, <a href=\"https:\/\/www.ft.com\/content\/c1a1b33e-b287-11e7-a398-73d59db9e399\">the Financial Times<\/a> reports this morning. The campaign is being mounted by Rudi Bohli\u2019s <a href=\"http:\/\/www.rbrcapital.com\/\">RBR Capital Advisors<\/a>, which has successfully run activist campaigns \u201cagainst GAM, the asset manager, and Gategroup, the airline catering company.\u201d The story is the lead piece on the FT\u2019s homepage as about 5am CLT this morning.<\/p><p><strong>Your wifi connection is not secure \u2014 nobody\u2019s is, and you\u2019re going to be waiting a while <\/strong><strong>for a solution. <\/strong>That\u2019s the bottom line on a news story yesterday that suggests there is a vulnerability in the WPA2 protocol that lets hackers read data over secure wifi. Just about every wifi-connected device will be vulnerable until patches are pushed out. <a href=\"https:\/\/www.theguardian.com\/technology\/2017\/oct\/16\/wpa2-wifi-security-vulnerable-hacking-us-government-warns\">The Guardian<\/a> and <a href=\"http:\/\/www.reuters.com\/article\/us-cyber-wifi-flaw\/researchers-uncover-flaw-that-makes-wi-fi-vulnerable-to-hacks-idUSKBN1CL1UE?utm_campaign=trueAnthem:+Trending+Content&amp;utm_content=59e4c26c04d30145ed91e674&amp;utm_medium=trueAnthem&amp;utm_source=twitter\">Reuters<\/a> have the story.<\/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=\"638900\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-u6lx6rz\" data-v=\"4\" data-block-id=\"u6lx6rz\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-u6lx6rz-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-u6lx6rz-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/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-7kyq890\" data-v=\"4\" data-block-id=\"7kyq890\"><div 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stk-block-column stk-column stk-block stk-96gjrat\" data-v=\"4\" data-block-id=\"96gjrat\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-96gjrat-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-96gjrat-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               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alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" data-icon=\"chevron-left\" class=\"svg-inline--fa fa-chevron-left\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 320 512\" width=\"32\" height=\"32\"><path d=\"M34.52 239.03L228.87 44.69c9.37-9.37 24.57-9.37 33.94 0l22.67 22.67c9.36 9.36 9.37 24.52.04 33.9L131.49 256l154.02 154.75c9.34 9.38 9.32 24.54-.04 33.9l-22.67 22.67c-9.37 9.37-24.57 9.37-33.94 0L34.52 272.97c-9.37-9.37-9.37-24.57 0-33.94z\"><\/path><\/svg><\/button><button class=\"stk-block-carousel__button stk-block-carousel__button__next\" aria-label=\"Next slide\"><svg aria-hidden=\"true\" focusable=\"false\" 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/what-were-tracking-this-week-115\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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      <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fwhat-were-tracking-this-week-115%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\/10\/17\/what-were-tracking-this-week-115\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638901\" class=\"content-area-description single-story post-638901 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Irrigation Minister in Addis Ababa to take part in GERD technical studies <\/strong><strong>ministerial meeting:<\/strong> Irrigation Minister Mohamed Abdel Aty flew to Ethiopia on Sunday ahead of the tripartite ministerial meeting on the technical studies of the Grand Ethiopian Renaissance Dam scheduled to take place on Wednesday, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/278872\/Egypt\/Politics-\/Egypts-irrigation-minister-heads-to-Ethiopia-for-R.aspx\">Ahram Online reports<\/a>. Abdel Aty will also be visiting the dam itself to observe construction work. The Addis Ababa meeting has been highly anticipated, after Egypt voiced concerns in September on a lack of progress on the technical studies. The Supreme Council for Nile Water gave a preliminary nod to the French consultancy firms\u2019 <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/16\/supreme-council-for-nile-water-gives-preliminary-nod-to-gerd-impact-studies\/\">impact studies this week<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638902\" 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=\"638902\">\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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/\">\r\n                            Militant attack on NBE branch in North Sinai tops talking heads\u2019 agendas                        <\/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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/\" 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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/')\">\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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/\">\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=Militant attack on NBE branch in North Sinai tops talking heads\u2019 agendas&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/\">\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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/&title=Militant attack on NBE branch in North Sinai tops talking heads\u2019 agendas\">\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=Militant+attack+on+NBE+branch+in+North+Sinai+tops+talking+heads%E2%80%99+agendas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fmilitant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas%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\/10\/17\/militant-attack-on-nbe-branch-in-north-sinai-tops-talking-heads-agendas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638902\" class=\"content-area-description single-story post-638902 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>A raid on a National Bank of Egypt (NBE) branch in North Sinai\u2019s Al Arish<\/strong>, likely by terrorists,played out heavily on the airwaves last night, as did widespread debate about [redacted] harassment and \u201cdebauchery.\u201d<\/p>\n<p><strong>The background on the Sinai bank raid: <\/strong>Seven people were reported killed in North Sinai\u2019s Al Arish yesterday when terrorists launched \u201ca two-pronged assault,\u201d attacking security forces guarding an unused church while others robbed a <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1205895\">local branch of the National Bank of Egypt<\/a>, <a href=\"https:\/\/apnews.com\/9b6b816ce2c645dfab8c4460cc84876e\/Militants-rob-bank,-attack-church-in-Egypt's-Sinai,-6-dead\">the Associated Press reports<\/a>. Among the victims were three civilians, including a child. This comes <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/16\/24-terrorists-six-soldiers-killed-in-terror-attack-on-military-checkpoints-in-north-sinai\/\">a day after<\/a> terror attacks in North Sinai\u2019s Karam El Kawadis left 24 terrorists and six soldiers dead. The American embassy in Cairo <a href=\"https:\/\/eg.usembassy.gov\/u-s-embassy-condemns-sinai-attacks-armed-forces-police-civilians\/\">condemned yesterday\u2019s attacks<\/a>.<\/p>\n<p><strong>NBE\u2019s CEO for Retail and SMEs, Hazem Hegazy, told Hona Al Asema\u2019s Lamees Al Hadidi<\/strong>that a group of armed men stormed the branch and proceeded to steal somewhere between EGP 5 and 10 mn from its vaults. The attackers killed three soldiers in addition to the bank\u2019s security personnel, while four other people were injured (<a href=\"https:\/\/www.youtube.com\/watch?v=-Szkca3tCRE\">watch, runtime 4:04<\/a>).<\/p>\n<p><strong>Security sources told Yahduth fi Masr\u2019s Sherif Amer<\/strong> that the robbers got their hands on some EGP 17 mn, and that security forces thwarted another attempted robbery on a Banque Misr branch in North Sinai. That figure more or less gels with reporting from AP.<\/p>\n<p><strong>Banque Misr temporarily closed two branches<\/strong> after the attack on NBE for security purposes, and will coordinate with security forces to reopen them today, Vice Chairman Akef El Maghraby told Lamees. The bank is also trying to reduce the amount of cash being held at these branches as much as possible while maintaining the necessary amounts to supply customers, according to El Maghraby (<a href=\"https:\/\/www.youtube.com\/watch?v=K7P8wGyewcA\">watch, runtime 3:17<\/a>).<\/p>\n<p>Kol Youm\u2019s Amr Adib tried to make some vague point about the Arish attacks and the need to present a united front against terror (<a href=\"https:\/\/www.youtube.com\/watch?v=sKzgs-iGWJ4\">watch, runtime 6:08<\/a>) and then dove deeply into <strong>a Thomson Reuters Foundation Poll on the most dangerous megacities for women, which Cairo topped<\/strong> (we have more in Speed Round, below). The host was particularly irked by the prevalence of [redacted] harassment of women in the workplace (<a href=\"https:\/\/www.youtube.com\/watch?v=APLn_QABX8U\">watch, runtime 6:12<\/a>). AUC sociology professor Hany Henry told Adib that many victims are wary of speaking out about their experience in a victim-shaming culture (<a href=\"https:\/\/www.youtube.com\/watch?v=5hou7loYwkI\">watch, runtime 5:35<\/a>).<\/p>\n<p><strong>National Women\u2019s Council chief Maya Morsi<\/strong> called in to tell Adib that there is a law currently in the works that will outline penalties for harassment in the workplace and encouraged harassment victims to report incidents to the council (<a href=\"https:\/\/www.youtube.com\/watch?v=8_35Ryc3Aqs\">watch, runtime 6:47<\/a>).<\/p>\n<p><strong>Back on Hona Al Asema, Moushira Khattab told Lamees<\/strong> that internal divisions among African and Arab countries caused \u201cscattered voting\u201d that cost her the top UNESCO job and played out in France\u2019s interest. Lebanon apparently notified Khattab\u2019s campaign that it had not voted for the Egyptian candidate. She also said that Egypt has officially submitted an investigation request into alleged violations during the election process, saying that the final round of voting was fishy (<a href=\"https:\/\/www.youtube.com\/watch?v=qybZ-QaIC8Q\">watch, runtime 44:53<\/a>).<\/p>\n<p><strong>Masaa DMC\u2019s Eman El Hosary was still fixated on efforts to contain the LGBTQ<\/strong><strong>community<\/strong> in Egypt, talking to MPs about a draft law that would make it a criminal offense to \u201cencourage\u201d homosexuality. House Religious Committee chair Shoukry El Gendy downplayed the issue overall, saying the LGBTQ community in Egypt is too small to warrant new legislation \u2014 existing laws will do just fine to suppress them (<a href=\"https:\/\/www.youtube.com\/watch?v=m2YE4QEdfpc\">watch, runtime 7:17<\/a>). There are no words, we swear.<\/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=\"638903\" 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=\"638903\">\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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/\">\r\n                            2018 will be a busy IPO year in Egypt -Bloomberg                        <\/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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/\" 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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/')\">\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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/\">\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=2018 will be a busy IPO year in Egypt -Bloomberg&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/\">\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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/&title=2018 will be a busy IPO year in Egypt -Bloomberg\">\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=2018+will+be+a+busy+IPO+year+in+Egypt+-Bloomberg+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2F2018-will-be-a-busy-ipo-year-in-egypt-bloomberg%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\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/105.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"638904\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/2018-will-be-a-busy-ipo-year-in-egypt-bloomberg\/105-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/105.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"105.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/105.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/105.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638903\" class=\"content-area-description single-story post-638903 post type-post status-publish format-standard has-post-thumbnail hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>We\u2019re heading into a busy IPO season: <\/strong>The EGX is \u201cshaping up to be the Middle East\u2019s hot spot for initial public offerings next year,\u201d Tamim Elyan and Filipe Pacheco <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-10-16\/busy-ipo-season-beckons-for-cairo-as-reforms-seen-bearing-fruit\">write for Bloomberg<\/a>. At least six companies are planning to IPO in 2018, up from an average of three a year in the past three years, and none at all between 2011 and 2014. \u201cEgypt is on the investment map and people are looking at it. Now there is a chance to do an IPO,\u201d BPE Partners Chairman Hazem Barakat, whose company is planning a 1Q2018 issuance, says. Other IPOs expected during the year include state-owned Banque du Caire and Enppi as well as Misr Italia Group. Beltone\u2019s IPO of <a href=\"http:\/\/www.ibnsina-pharma.com\/\">Ibnsina Pharma<\/a>, which announced in September its <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/19\/ibnsina-pharma-files-intention-to-float-on-egx\/\">intention to float<\/a>, should also be on the list.<\/p>\n<p><strong>\u201cEgypt\u2019s market cap remains fairly underrepresented compared to the economy and <\/strong><strong>liquidity is still low<\/strong>, although improving, which limits international participation in the market,\u201d Salah Shamma, Franklin Templeton Investments\u2019 head of MENA equities, cautions. There could be regional competition as well, EFG Hermes Strategist Simon Kitchen suggests, saying: \u201cEgypt is one of the busier markets in the region, but low oil prices and ongoing economic restructuring means that we are likely to see IPOs of state-controlled assets in the GCC as well.\u201d Kitchen expects appetite for broader emerging market IPOs to remain robust in 2018 and for Egypt to have a \u201cbigger piece of the pie.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638911\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638912\" 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=\"638912\">\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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/\">\r\n                            Janet Yellen isn\u2019t the only prominent central bank governor who may not keep her job                        <\/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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/\" 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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/')\">\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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/\">\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=Janet Yellen isn\u2019t the only prominent central bank governor who may not keep her job&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/\">\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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/&title=Janet Yellen isn\u2019t the only prominent central bank governor who may not keep her job\">\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=Janet+Yellen+isn%E2%80%99t+the+only+prominent+central+bank+governor+who+may+not+keep+her+job+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fjanet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job%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\/10\/17\/janet-yellen-isnt-the-only-prominent-central-bank-governor-who-may-not-keep-her-job\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638912\" class=\"content-area-description single-story post-638912 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>Janet Yellen isn\u2019t the only prominent central bank governor who may not keep <\/strong><strong>their job<\/strong>, as the Bank of Japan and the People\u2019s Bank of China may all have new bosses in early 2018. The European Central Bank will also see its governor replaced the following year, <a href=\"http:\/\/www.reuters.com\/article\/us-imf-g20-centralbanks\/as-the-quartet-breaks-up-central-banking-leadership-flux-looms-idUSKBN1CL0DJ\">according to Reuters<\/a>. This quartet of central bank governors led the wave of global reform policies on the back of the global financial crisis, with the Fed, ECB and BoJ buying up some USD 10 tn in assets to prop up their economies. Their departure comes as their reforms remain unfinished and the rise of nationalism threatens to weaken central bank controls on the financial system. In the case of the Fed, US President Donald Trump is weighing between continuity of reforms or deregulation as he debates between keeping Yellen or replacing her with opponents of her policies such as Stanford academics John Taylor and Kevin Warsh, <a href=\"https:\/\/www.ft.com\/content\/bdef7eb8-b04f-11e7-aab9-abaa44b1e130\">according to the FT (paywall)<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638913\" 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=\"638913\">\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\/10\/17\/afghan-becomes-youngest-woman-to-circle-the-globe-in-a-single-engine-aircraft\/\">\r\n                            Afghan becomes youngest woman to circle the globe in a single engine aircraft                        <\/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\/10\/17\/afghan-becomes-youngest-woman-to-circle-the-globe-in-a-single-engine-aircraft\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Waiz, who grew up in a refugee camp in Afghanistan before eventually moving to the US, completed her mission in 145 days, with stops in Afghanistan, Egypt, Sri Lanka, and Australia, among others. Waiz also founded a charity <a href=\"http:\/\/dreamssoar.org\/\">named Dreams Soar<\/a> that seeks to encourage women to pursue careers in aviation.<\/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=\"638915\" 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=\"638915\">\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\/10\/17\/egypt-in-the-news-on-17-october-2017\/\">\r\n                            Egypt in the News on 17 October 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\/10\/17\/egypt-in-the-news-on-17-october-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\/10\/17\/egypt-in-the-news-on-17-october-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\/10\/17\/egypt-in-the-news-on-17-october-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=Egypt in the News on 17 October 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/egypt-in-the-news-on-17-october-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\/10\/17\/egypt-in-the-news-on-17-october-2017\/&title=Egypt in the News on 17 October 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=Egypt+in+the+News+on+17+October+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fegypt-in-the-news-on-17-october-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\/10\/17\/egypt-in-the-news-on-17-october-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638915\" class=\"content-area-description single-story post-638915 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>It\u2019s another relatively quiet news day for Egypt in the international press.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Egypt is the \u201cbest of the worst\u201d option for Syrian refugees,<\/strong> <a href=\"https:\/\/www.irishtimes.com\/news\/world\/middle-east\/egypt-best-of-the-worst-option-for-syrian-refugees-as-europe-turns-a-blind-eye-1.3256739\">Paul Cullen writes for the Irish Times<\/a>. More than 120k Syrians have been granted asylum in Egypt, which is \u201cone of the few countries in the developing world that does not house refugees in camps, and allows freedom of movement.\u201d Although UNHCR-registered refugees are safe from deportation, life in Egypt is getting harder for refugees and locals alike because of the challenging economic conditions, Cullen notes. Most Syrian refugees would rather be in Europe, but they are getting messages that they are \u201cnot welcome\u201d and the journey there is cost prohibitive and dangerous. \u201c<strong>Egypt, despite its shortcomings, treats Syrians better than any other Arab country<\/strong>, according to one Syrian student. It is, he says, \u2018the best of the worst.\u2019\u201d<\/p>\n<p><strong>The EGP float has made Egypt\u2019s real estate market attractive to Saudis <\/strong>who have reportedly been flocking to buy apartments in Omm El Donia, writes <a href=\"https:\/\/www.albawaba.com\/business\/saudis-egypt-property-1034746\">Renam Ghanem for the Saudi Gazette<\/a>. With apartment prices starting at around USD 80,000, many from Saudi Arabia have been buying homes primarily in Cairo, Ain Sokhna, the North Coast, and Sharm El Sheikh. And apparently it\u2019s not just apartments, with villas also enticing Saudi buyers.<\/p>\n<p><strong>It\u2019s hard for a journalist to cover a revolution without being involved on some level,<\/strong> <a href=\"https:\/\/www.nytimes.com\/2017\/10\/16\/opinion\/john-reed-russian-revolution-journalism.html?mtrref=www.nytimes.com&assetType=opinion\">Jack Shenker for the New York Times<\/a>. Shenker draws parallels between John Reed\u2019s coverage of the Bolshevik Revolution of 1917 and his own experiences covering Egypt in 2011, writing that while traditional journalistic norms dictate a neutral stance toward the subject matter, revolutions present such a storm of passions that the real story is often lost if we ignore \u201cthe mundane spaces where norms are shifting.\u201d<\/p>\n<p>Also making the rounds this morning:<\/p>\n<ul type=\"disc\">\n<li><strong>The Hyderabad-based combat simulator Zen Technologies is looking towards <\/strong><strong>Egypt <\/strong>under a plan to expand its business to international markets, <a href=\"https:\/\/telanganatoday.com\/hyderabad-based-zen-technologies-to-go-global\">according to Telangana Today<\/a>. <\/li>\n<li><strong>Indonesia\u2019s parliament is considering an Egypt-style ban on LGBT-related content <\/strong>on TV, <a href=\"https:\/\/www.nytimes.com\/reuters\/2017\/10\/16\/world\/asia\/16reuters-indonesia-lgbt.html?mtrref=query.nytimes.com\">Reuters reports<\/a>.<\/li>\n<li><strong>African rulers are growing rather fond of Egypt and Tunisia\u2019s 2011 example <\/strong>of \u201cpulling the plug\u201d on the internet to quell dissent, <a href=\"https:\/\/www.reuters.com\/article\/us-africa-internet\/african-rulers-weapon-against-web-based-dissent-the-off-switch-idUSKBN1CL28F\">Reuters says<\/a>. <\/li>\n<li><strong>Al Azhar is organizing \u201cintensive training camps\u201d for imams across Egypt <\/strong>as part of its efforts to renew religious discourse among preachers, Menna Farouk <a href=\"http:\/\/www.al-monitor.com\/pulse\/originals\/2017\/10\/egypt-training-camps-imams-terrorism.html#ixzz4vhzTsHrg\">writes for Al Monitor<\/a>. <\/li>\n<li><strong>The Chairman of Qatar\u2019s National Human Rights Council urged his <\/strong><strong>Egyptian counterpart<\/strong> in a meeting to try and intervene to resolve issues facing Qatari students and property owners as a result of boycott, <a href=\"http:\/\/www.gulf-times.com\/story\/567593\/Egypt-rights-body-urged-to-resolve-Qataris-issues\">Gulf Times says<\/a>. <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638916\" 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=\"638916\">\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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/\">\r\n                            Delays in issuing Investment Act\u2019s exec regs is slowing down investments                        <\/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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/\" 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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/')\">\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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/\">\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=Delays in issuing Investment Act\u2019s exec regs is slowing down investments&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/\">\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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/&title=Delays in issuing Investment Act\u2019s exec regs is slowing down investments\">\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=Delays+in+issuing+Investment+Act%E2%80%99s+exec+regs+is+slowing+down+investments+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fdelays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments%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\/10\/17\/delays-in-issuing-investment-acts-exec-regs-is-slowing-down-investments\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638916\" class=\"content-area-description single-story post-638916 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The delay in issuing the executive regulations for the Investment Act is putting <\/strong><strong>investment on hold<\/strong>, EK Holding Chairman Moataz Al Alfi says in a letter published by <a href=\"http:\/\/www.ahram.org.eg\/News\/202421\/11\/618164\/%D8%A7%D9%84%D8%A7%D8%B9%D9%85%D8%AF%D8%A9\/%D8%A3%D9%8A%D9%86-%D9%84%D8%A7%D8%A6%D8%AD%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D8%9F.aspx\">Al Ahram\u2019s Salah Montaser.<\/a> El Alfi pins the blame on Prime Minister Sherif Ismail, who he says put the regs on the back burner after receiving them from the Investment Ministry. Al Alfi says Ismail should recognize the urgency in the matter, especially since the government is working hard to attract investors.<\/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=\"638917\" 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=\"638917\">\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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/\">\r\n                            Banking sector is a successful pillar for reform in Egypt -Ezz Al-Arab                        <\/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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/\" 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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/')\">\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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/\">\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=Banking sector is a successful pillar for reform in Egypt -Ezz Al-Arab&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/\">\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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/&title=Banking sector is a successful pillar for reform in Egypt -Ezz Al-Arab\">\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=Banking+sector+is+a+successful+pillar+for+reform+in+Egypt+-Ezz+Al-Arab+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fbanking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab%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\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/517.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"638918\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/banking-sector-is-a-successful-pillar-for-reform-in-egypt-ezz-al-arab\/517-png-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/517.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"517.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/517.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/10\/517.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638917\" class=\"content-area-description single-story post-638917 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><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Egypt\u2019s economic reforms were long overdue<\/strong>, our friend Hisham Ezz Al-Arab, Chairman of CIB and the Federation of Egyptian Banks, <a href=\"http:\/\/www.thebanker.com\/video\/v\/5610680610001\/hisham-ezz-al-arab-chairman-federation-of-egyptian-banks-view-from-imf-2017\">told The Banker\u2019s James King<\/a> at the IMF meetings in Washington. \u201cIt was life or death to implement the reforms,\u201d Ezz Al-Arab says. \u201cWhat the government did by removing the subsidies is that they started to redirect their investment to the people in need \u2026 below the poverty line.\u201d He does note that the reforms have created \u201cwinners\u201d and \u201closers,\u201d impacting the rich, the middle class, and, to a lesser extent, the poor. Those losses mean that it will take time for the middle and upper class to catch up again with their previous spending behaviour, Ezz Al-Arab says.<\/p>\n<p><strong>Ezz Al-Arab also praised the domestic banking system<\/strong>, noting that the banking sector came through the \u201cvolatile times\u201d on solid ground built since the reforms of 2004 and tested in 2008 with the financial crisis, in 2011, and during last year\u2019s reforms. \u201cThe banking sectors is \u2026 one of the most successful pillars for the reforms in Egypt,\u201d he says.<\/p>\n<p><strong>Financial inclusion drive: <\/strong>He added that CIB is pressing ahead with innovations to promote financial inclusion and mobile payments and is calling for regulatory reform in this field. \u201cWhat we are trying to say is: below a certain threshold, people should not fill forms,\u201d Ezz Al-Arab explains. <strong>Opening an account should only require national ID and telephone number data to authenticate accounts<\/strong> at this level, he says (runtime 07:01).<\/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=\"638919\" 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=\"638919\">\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\/10\/17\/world-bank-disburses-usd-125-mn\/\">\r\n                            World Bank disburses USD 125 mn                        <\/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\/10\/17\/world-bank-disburses-usd-125-mn\/\" 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\/10\/17\/world-bank-disburses-usd-125-mn\/')\">\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\/10\/17\/world-bank-disburses-usd-125-mn\/\">\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=World Bank disburses USD 125 mn&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/world-bank-disburses-usd-125-mn\/\">\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\/10\/17\/world-bank-disburses-usd-125-mn\/&title=World Bank disburses USD 125 mn\">\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=World+Bank+disburses+USD+125+mn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fworld-bank-disburses-usd-125-mn%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\/10\/17\/world-bank-disburses-usd-125-mn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638919\" class=\"content-area-description single-story post-638919 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>The World Bank has sent over USD 125 mn to help fund development in Upper <\/strong><strong>Egypt<\/strong>, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1597835.aspx\">according to Ahram Gate<\/a>. The funds have reportedly been transferred to the CBE.<\/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=\"638925\" 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=\"638925\">\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\/10\/17\/kpc-renews-crude-storage-agreement-with-sumed\/\">\r\n                            KPC renews crude storage agreement with SUMED                        <\/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\/10\/17\/kpc-renews-crude-storage-agreement-with-sumed\/\" target=\"_blank\">\n                    Open in new tab     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href=\"https:\/\/x.com\/intent\/post?text=KPC renews crude storage agreement with SUMED&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/kpc-renews-crude-storage-agreement-with-sumed\/\">\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\/10\/17\/kpc-renews-crude-storage-agreement-with-sumed\/&title=KPC renews crude storage agreement with SUMED\">\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=KPC+renews+crude+storage+agreement+with+SUMED+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fkpc-renews-crude-storage-agreement-with-sumed%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\/10\/17\/kpc-renews-crude-storage-agreement-with-sumed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638925\" class=\"content-area-description single-story post-638925 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>Kuwait Petroleum Corporation (KPC) announced renewing the crude oil storage and transportation contract with SUMED, <a href=\"http:\/\/www.kuna.net.kw\/ArticleDetails.aspx?id=2646856&Language=en\">according to KUNA<\/a>. \u201cThe contract is one of the important strategic contracts aims at expanding KPC's presence in the Mediterranean Region and North West Europe to increase Kuwait's market share in that region, KPC said.\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=\"638931\" 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=\"638931\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/domty-to-launch-branch-in-rwanda\/\">\r\n                            Domty to launch branch in Rwanda                        <\/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\/10\/17\/domty-to-launch-branch-in-rwanda\/\" 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\/10\/17\/domty-to-launch-branch-in-rwanda\/')\">\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\/10\/17\/domty-to-launch-branch-in-rwanda\/\">\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=Domty to launch branch in Rwanda&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/domty-to-launch-branch-in-rwanda\/\">\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\/10\/17\/domty-to-launch-branch-in-rwanda\/&title=Domty to launch branch in Rwanda\">\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=Domty+to+launch+branch+in+Rwanda+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fdomty-to-launch-branch-in-rwanda%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\/10\/17\/domty-to-launch-branch-in-rwanda\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638931\" class=\"content-area-description single-story post-638931 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>Cheese maker Domty <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/208516_1.pdf\">announced plans<\/a> to launch a branch and distribution center in Kigali, Rwanda. The distribution center is expected to begin operations in 1Q2018 and will focus primarily on white cheese products.<\/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=\"638933\" 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=\"638933\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/\">\r\n                            EBSC to receive USD 60 mn worth of equipment for black sands separation from Australia\u2019s Mineral Technologies                        <\/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\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/\" 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\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/')\">\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\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/\">\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=EBSC to receive USD 60 mn worth of equipment for black sands separation from Australia\u2019s Mineral Technologies&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/\">\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\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/&title=EBSC to receive USD 60 mn worth of equipment for black sands separation from Australia\u2019s Mineral Technologies\">\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=EBSC+to+receive+USD+60+mn+worth+of+equipment+for+black+sands+separation+from+Australia%E2%80%99s+Mineral+Technologies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Febsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies%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\/10\/17\/ebsc-to-receive-usd-60-mn-worth-of-equipment-for-black-sands-separation-from-australias-mineral-technologies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638933\" class=\"content-area-description single-story post-638933 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Black Sand Company (EBSC) is expected to sign next week a USD 60 mn contract with Australian mineral processing company Mineral Technologies, which will provide the company with necessary equipment, EBSC head Ashraf Sultan <a href=\"https:\/\/alborsanews.com\/2017\/10\/16\/1058085\">tells Al Borsa<\/a>. Mineral Technologies was <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/22\/australias-mineral-technologies-awarded-tender-to-supply-drilling-gear-for-black-sand-project\/\">awarded the tender to supply<\/a> the drilling equipment back in August. EBSC had received an 80-feddan plot of land from the Kafr El Sheikh governorate on a right-to-use basis for 20 years to establish a factory for black sand separation, according to Sultan. EBSC had conducted aerial photography studies, which revealed black sands deposits in 11 locations across the country, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16102017&id=11577f2d-46d6-4ca3-9218-46c1b6126ddf\">Al Shorouk reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638937\" 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=\"638937\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/\">\r\n                            AS Roma and the Egyptian Tourist Organization in Italy announce partnership                        <\/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\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/\" 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\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/')\">\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\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/\">\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=AS Roma and the Egyptian Tourist Organization in Italy announce partnership&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/\">\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\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/&title=AS Roma and the Egyptian Tourist Organization in Italy announce partnership\">\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=AS+Roma+and+the+Egyptian+Tourist+Organization+in+Italy+announce+partnership+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fas-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership%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\/10\/17\/as-roma-and-the-egyptian-tourist-organization-in-italy-announce-partnership\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638937\" class=\"content-area-description single-story post-638937 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Italian football club AS Roma and the Egyptian Tourist Organization in Italy have <a href=\"https:\/\/www.asroma.com\/en\/news\/2017\/10\/egypt-becomes-club-s-official-tourism-partner\">announced an agreement<\/a> that will see Egypt become the team\u2019s Official Tourism Partner. \u201cThe agreement will last for the whole season and will see the club supporting and promoting Egypt \u2026 as well as organizing shared initiatives involving the general public and the media\u2026 Roma will publicize the partnership using advertising space at the Stadio Olimpico and across its digital and social media platforms,\u201d the club 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\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638939\" 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=\"638939\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/\">\r\n                            Careem signs agreement with CIB to manage cash flow using Smart Wallet                        <\/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\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/\" 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\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/')\">\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\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/\">\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=Careem signs agreement with CIB to manage cash flow using Smart Wallet&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/\">\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\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/&title=Careem signs agreement with CIB to manage cash flow using Smart Wallet\">\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=Careem+signs+agreement+with+CIB+to+manage+cash+flow+using+Smart+Wallet+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fcareem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet%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\/10\/17\/careem-signs-agreement-with-cib-to-manage-cash-flow-using-smart-wallet\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638939\" class=\"content-area-description single-story post-638939 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Ride-hailing app Careem will be managing its cash inflows and payments using CIB\u2019s Smart Wallet app under a new agreement the two organizations signed yesterday, <a href=\"https:\/\/alborsanews.com\/2017\/10\/16\/1058204\">Al Borsa reports<\/a>. The agreement will also allow Careem to pay out bonuses and special incentives to its drivers using the platform.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638940\" 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=\"638940\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/criminal-procedures-act-still-being-studied\/\">\r\n                            Criminal Procedures Act still being studied                        <\/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\/10\/17\/criminal-procedures-act-still-being-studied\/\" 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\/10\/17\/criminal-procedures-act-still-being-studied\/')\">\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\/10\/17\/criminal-procedures-act-still-being-studied\/\">\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=Criminal Procedures Act still being studied&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/criminal-procedures-act-still-being-studied\/\">\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\/10\/17\/criminal-procedures-act-still-being-studied\/&title=Criminal Procedures Act still being studied\">\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=Criminal+Procedures+Act+still+being+studied+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fcriminal-procedures-act-still-being-studied%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\/10\/17\/criminal-procedures-act-still-being-studied\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638940\" class=\"content-area-description single-story post-638940 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The House of Representative\u2019s Legislative Committee is studying proposed amendments to the Criminal Procedures Act before putting together an updated draft, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=16102017&id=9e0debd0-9946-4a83-b89d-cc22ee926ae0\">according to Al Shorouk<\/a>. Chief amongst the proposals are changes that would allow more avenues of mediation outside the courts system, including for murder cases. Other aspects being addressed include the abolition of convictions made in absentia. Review of the Criminal Procedures act <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/03\/house-legislative-committee-begins-reviewing-amendments-to-criminal-procedures-act\/\">began in August<\/a>, primarily in response to terror attacks that MPs said required faster court proceedings.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"638941\" 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=\"638941\">\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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-debt\/\">\r\n                            Gov\u2019t working out a two-year plan to manage domestic, foreign 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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-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=Gov\u2019t working out a two-year plan to manage domestic, foreign debt&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-debt\/&title=Gov\u2019t working out a two-year plan to manage domestic, foreign 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=Gov%E2%80%99t+working+out+a+two-year+plan+to+manage+domestic%2C+foreign+debt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fgovt-working-out-a-two-year-plan-to-manage-domestic-foreign-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\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-debt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638941\" class=\"content-area-description single-story post-638941 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 government is currently working on a strategy to reduce Egypt\u2019s domestic and foreign debt levels, and a framework for paying debt obligations over the coming two years, Finance Minister Amr El Garhy said yesterday, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a-16-10-17.aspx\">according to a ministry statement<\/a>. The Finance Ministry has presented a draft plan to Cabinet, according to El Garhy.<\/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=\"638942\" 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=\"638942\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/\">\r\n                            Calls for Aboutrika to join Egypt squad ignite debate                        <\/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\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/\" 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\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/')\">\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\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/\">\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=Calls for Aboutrika to join Egypt squad ignite debate&url=https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/\">\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\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/&title=Calls for Aboutrika to join Egypt squad ignite debate\">\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=Calls+for+Aboutrika+to+join+Egypt+squad+ignite+debate+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F10%2F17%2Fcalls-for-aboutrika-to-join-egypt-squad-ignite-debate%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\/10\/17\/calls-for-aboutrika-to-join-egypt-squad-ignite-debate\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638942\" class=\"content-area-description single-story post-638942 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>A hashtag calling for exiled soccer star Mohamed Aboutrika to come out of retirement for the 2018 World Cup has gone viral has ignited a firestorm of a debate across the country, <a href=\"http:\/\/www.foxsports.com\/soccer\/story\/calls-for-exiled-player-to-go-to-wcup-stirs-storm-in-egypt-101617\">according to Fox Sports<\/a>. While Aboutrika responded in a gentlemanly way to the calls, that hasn\u2019t stopped the debate turning political with many labeling him a traitor and pointing to the government freezing his assets due to his alleged ties to the Muslim Brotherhood.<\/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\/sports\/\">sports<\/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=\"638943\" 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=\"638943\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/on-this-day-17-october\/\">\r\n                            On this day: 17 October                        <\/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\/10\/17\/on-this-day-17-october\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Athletes Tommie Smith and John Carlos, gold and bronze medallists in the 200m, stood with their heads bowed and a black-gloved hand raised as the American National Anthem played during the victory ceremony. Also on this day, Mae Jemison <a href=\"https:\/\/www.britannica.com\/biography\/Mae-Jemison\">was born in 1956<\/a>. Jemison is an American physician and the first African American woman to become an astronaut. In 1992 she spent more than a week orbiting Earth in the space shuttle Endeavour. Also, <a href=\"https:\/\/www.britannica.com\/biography\/Eminem\">rapper Eminem<\/a> was born on this day in 1972. In Enterprise, readers got the news <a href=\"https:\/\/enterprise.press\/issues\/2016\/10\/17\/etisalat-vodafone-join-orange-acquiring-4g-licenses\/\">on this day last year<\/a> that Etisalat Misr and Vodafone Egypt gave in and signed agreements to acquire 4G licenses.<\/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=\"638945\" 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=\"638945\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/638945\/\">\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\/10\/17\/638945\/\" 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\/10\/17\/638945\/')\">\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\/10\/17\/638945\/\">\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\/10\/17\/638945\/\">\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\/10\/17\/638945\/&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%2F10%2F17%2F638945%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\/10\/17\/638945\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638945\" class=\"content-area-description single-story post-638945 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 17.5937 | Sell 17.6937<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.58 | Sell 17.68<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.6 | Sell 17.7<\/p>\n<p><strong>EGX30<\/strong> (Monday): 13,525 (-2.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.4 bn (52% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +9.6%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session down 2.7%. CIB, the index heaviest constituent closed down 1.9%. EGX30\u2019s top performing constituent was: Egyptian Iron and Steel up 2.6%; Kima down 0.7%; and Eastern Co down 1.3%. Yesterday\u2019s worst performing stocks were: AMOC down 7.8%; Porto Group down 6.4%; and Amer Group down 5.4%. The market turnover was EGP 1.4 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -78.2 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -4.1 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +82.3 mn<\/p>\n<p><strong>Retail<\/strong>: 68.8% of total trades | 72.1% of buyers | 65.6% of sellers<br \/>\n <strong>Institutions<\/strong>: 31.2% of total trades | 27.9% of buyers | 34.4% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 16.1% of total | 13.3% of buyers | 18.9% of sellers<br \/>\n <strong>Regional:<\/strong> 6.8% of total | 6.7% of buyers | 7.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 77.1% of total | 80.0% of buyers | 74.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 51.88 (+0.02%)<br \/>\n <strong>Brent:<\/strong> USD 57.82 (+1.14%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.96 MMBtu, (+0.44%, November 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,297.3 \/ troy ounce (-0.44%)<\/p>\n<p><strong>TASI:<\/strong> 6,976.97 (+0.56%) (YTD: -3.24%)<br \/>\n <strong>ADX:<\/strong> 4,523.51 (+0.11%) (YTD: -0.5%)<br \/>\n <strong>DFM:<\/strong> 3,657.48 (-0.00%) (YTD: +3.59%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 431.99 (+0.35%) (YTD: 13.65%)<br \/>\n <strong>QE:<\/strong> 8,299.71 (-0.5%) (YTD: -20.48%)<br \/>\n <strong>MSM:<\/strong> 5,095.29 (-0.85%) (YTD: -11.89%)<br \/>\n <strong>BB: <\/strong>1,278.26 (+0.31%) (YTD: +4.74%)<\/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=\"638946\" 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\/10\/17\/638946\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-638946\" class=\"content-area-description single-story post-638946 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>17 October (Tuesday): <a href=\"http:\/\/narrativesummit.com\/\">The Narrative PR Summit<\/a>, Four Seasons Nile Plaza, Cairo.<\/p>\n<p>18-19 October (Wednesday-Thursday): <a href=\"http:\/\/eventful.com\/cairo\/events\/middle-east-info-security-summit-\/E0-001-084065592-6\">Middle East Info Security Summit<\/a>, Sofitel El Gezirah, Cairo.<\/p>\n<p>18-20 October (Wednesday-Friday): AfriLabs <a href=\"http:\/\/afrilabs-gathering.com\/about-us-3\/\">annual gathering<\/a> with the theme \u201cFuture of Cities: Innovation, Spaces and Collaboration,\u201d The French University, Cairo. <a href=\"http:\/\/afrilabs-gathering.com\/registration\/\">Register here<\/a>.<\/p>\n<p>21 October (Saturday): The African Leadership Academy will hold its <a href=\"http:\/\/www.africanleadershipacademy.org\/discoverala\/beyond\/\">\u201cBeyond Education\u201d<\/a> seminar on university readiness and the future of leadership in Africa, at the Dusit Thani, Lakeview, New Cairo and the Hilton Pyramids Golf, 6 October City.<\/p>\n<p>23-27 October (Monday-Friday): 29th <a href=\"http:\/\/cairocongress.bpw-international.org\/index.php\/about-congress\">Business and Professional Women International Congress<\/a> themed \u201cMaking a Difference through Leadership and Action,\u201d Mena House Hotel, Cairo. <a href=\"http:\/\/cairocongress.bpw-international.org\/index.php\/registration\">Register here<\/a>.<\/p>\n<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>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>26-29 November (Sunday-Wednesday): <a href=\"http:\/\/www.cairoict.com\/\">21st Cairo ICT<\/a>, Cairo International Convention Center, Nasr City, 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 Centre.<\/p>\n<p>03-05 December (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix<\/a>, Cairo International Exhibition & Convention Centre.<\/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>28 December (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>17-21 February 2018 (Wednesday-Saturday): <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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