{"id":641601,"date":"2017-09-27T03:59:44","date_gmt":"2017-09-27T03:59:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=641601"},"modified":"2025-12-17T17:41:12","modified_gmt":"2025-12-17T17:41:12","slug":"reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting\/","title":{"rendered":"Reader poll: It\u2019s been an okay year for business and you\u2019re optimistic about next year \u2014 but interest rates and inflation are hurting"},"content":{"rendered":"<section id=\"641603\" 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=\"641603\">\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\/09\/27\/enterprise-3q2017-survey-results\/\">\r\n                            Enterprise 3Q2017 survey results                        <\/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\/09\/27\/enterprise-3q2017-survey-results\/\" 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\/09\/27\/enterprise-3q2017-survey-results\/')\">\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\/09\/27\/enterprise-3q2017-survey-results\/\">\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=Enterprise 3Q2017 survey results&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/enterprise-3q2017-survey-results\/\">\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\/09\/27\/enterprise-3q2017-survey-results\/&title=Enterprise 3Q2017 survey results\">\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=Enterprise+3Q2017+survey+results+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fenterprise-3q2017-survey-results%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\/09\/27\/enterprise-3q2017-survey-results\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/549.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"641604\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/enterprise-3q2017-survey-results\/549-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/549.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"549.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/549.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/549.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641603\" class=\"content-area-description single-story post-641603 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Our readers expected business conditions in 2017 would improve, and they were right: <\/strong>Almost half of all respondents to our 3Q2017 business sentiment survey believe the business climate in Egypt has improved so far this year. That\u2019s up from just a fifth of you who said at the end of last year that 2016 was a good year to do business in Egypt. At the time, 64% of you expected that business conditions would improve this year.<\/p><p><strong>Looking forward, 63.5% of our readers expect the business climate in Egypt to improve in <\/strong><strong>2018<\/strong> and 46.1% say their companies will growth their investments in Egypt in the next six months. Our readers are also more confident, with over half of all respondents saying they expect will edge-out their competition over the next six months.<\/p><p><strong>Inflation remains a concern to everyone in the market<\/strong>, but concerns over regulatory uncertainty and the interest rate environment are also significant. <strong>Nearly 74% of you said your investment plans have been negatively impacted by current interest rate levels.<\/strong><\/p><p><strong>40.6% of our readers say they do not want to move away from Egypt<\/strong>, up from 37% in 4Q2016, and 43.8% of you are not looking to move their possessions abroad, up from just 32% in 4Q2016.<\/p><p><strong>A third of you think Cabinet understands the needs of business<\/strong>, about on par with our last survey, and slightly fewer of you look negatively on the Council of Ministers.<\/p><p><strong>Readers see potential in industries including tourism, real estate, food, and oil and gas<\/strong>. Our readers also think this is the right time to invest in manufacturing and export-oriented businesses, with fintech also getting honorable mentions.<\/p><p><strong>We also got lovely messages of support and encouragement that put a big smile on all of <\/strong><strong>our faces<\/strong>. Many of you are concerned about corruption, bureaucracy, and the increased cost of living. One reader in particular pointed out that he found \u201cthe summer of 2017 to have set an absolute record regarding ineffective, disruptive, discontinuous business patterns,\u201d because of the number of holidays that followed Ramadan. We do love our holidays, but we definitely see his point. <strong>Below are the complete results: <\/strong><\/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=\"641605\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div class=\"stk-block-carousel__slider\" role=\"list\" data-autoplay=\"4000\" data-label-slide-of=\"Slide %%d of %%d\">\r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-46c5f99\" data-v=\"4\" data-block-id=\"46c5f99\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-46c5f99-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-46c5f99-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        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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-x2h7pof\" data-v=\"4\" data-block-id=\"x2h7pof\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-x2h7pof-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-x2h7pof-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\/240924.png?ssl=1\">\r\n                <div 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-8w8d53l\" data-v=\"4\" data-block-id=\"8w8d53l\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8w8d53l-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8w8d53l-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641606\" 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=\"641606\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/what-were-tracking-this-week-133\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/what-were-tracking-this-week-133\/\" 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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<\/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\/09\/27\/what-were-tracking-this-week-133\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641606\" class=\"content-area-description single-story post-641606 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><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>The central bank\u2019s Monetary Policy committee is expected to keep interest rates <\/strong><strong>unchanged when it meets tomorrow<\/strong>, <a href=\"http:\/\/af.reuters.com\/article\/africaTech\/idAFKCN1C11BW-OZABS?feedType=RSS&feedName=investingNews\">Reuters suggests<\/a>. Ten out of 12 economists polled by the newswire said the CBE would keep the deposit rate at 18.75% and the lending rate at 19.75% as post-float inflationary pressures continue to ease. \u201cAlthough monthly inflation is declining, annual headline inflation is still too high for the CBE to cut interest rates \u2026 We believe the cut will most likely occur when headline inflation breaks the 20 percent in Q1 of 2018,\u201d Arqaam Capital senior economist Reham Eldesoki says. <strong>The two outliers in the poll are Pharos Holding COO Angus Blair and Naeem\u2019s head of research Allen Sandeep<\/strong>, who both expect rate cuts. Blair says \u201cwe expect (and hope that) the MPC will bite the bullet and begin cutting rates again, to revive the private sector\u201d and Sandeep sees a 100 bps cut, noting that \u201cit should be turning increasingly less cost-effective to banks to operate at these rates, given the substantial drop in T-bills yields (now trading well below the corridor rates) and with lending growth unable to catch-up with rising deposits.\u201d<\/p>\n<p><strong>The management and board-level shakeup at state-owned banks remains under wraps, <\/strong><strong>reportedly pending security clearances, <\/strong>but that hasn\u2019t stopped the rumor mill. <a href=\"http:\/\/www.youm7.com\/story\/2017\/9\/26\/%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%88%D9%86%D8%A7%D8%A6%D8%A8%D9%87-%D9%8A%D8%AA%D9%88%D9%84%D9%8A%D8%A7%D9%86-%D9%85%D9%87%D8%A7%D9%85-%D9%85%D9%86%D8%B5%D8%A8%D9%8A%D9%87%D9%85%D8%A7-%D8%A8%D8%AF%D8%A7%D9%8A%D8%A9-%D9%8A%D9%86%D8%A7%D9%8A%D8%B1\/3431003\">Youm7<\/a> reports that sources at the Central Bank have told it that we can expect a big shakeup at Banque du Caire, which remains stuck in the government\u2019s IPO pipeline. The newspaper still has CBE Deputy Governor Tarek Fayed becoming chairperson, but writes that Mohamed Mashhour will hold onto his position as executive vice chairman. Interestingly, our friend Wael Ziada, the former head of research at EFG Hermes founder of the firm\u2019s finance subsidiary, is said to be joining the board. Hit the link for the name-by-name rundown.<\/p>\n<p><strong>We\u2019re also waiting to hear that the Council of State has concluded its review of the Dabaa <\/strong><strong>nuclear power plant\u2019s four contracts this week<\/strong>, potentially paving the way for the return of Russian tourists.<\/p>\n<p><strong>Commercial 4G services will be going live tomorrow, <\/strong>the national telecoms regulator confirmed this week. <strong>Maybe that\u2019s why they turned off all the telephone lines on the block that is home to Enterprise World Headquarters yesterday afternoon? <\/strong>To drive sales to \u201cWe,\u201d as they insist on calling their network? (No phone line, no internet \u2014 and that continues into this morning.)<\/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=\"641607\" 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=\"641607\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/on-the-horizon-160\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/on-the-horizon-160\/\" target=\"_blank\">\n                    Open in new tab                    <!-- 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horizon&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/on-the-horizon-160\/\">\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\/09\/27\/on-the-horizon-160\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fon-the-horizon-160%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\/09\/27\/on-the-horizon-160\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641607\" class=\"content-area-description single-story post-641607 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The German government will sign off on a USD 250 mn loan to Egypt in two weeks\u2019 time<\/strong><strong>.<\/strong> The funds will be used to help plug the budget deficit, <a href=\"http:\/\/www.almalnews.com\/Story\/347128\/15\/%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A%D8%A7-%D8%AA%D8%B5%D8%AF%D9%82-%D8%B9%D9%84%D9%89-250-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%85%D8%B5%D8%B1\">Al Mal claims<\/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\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641608\" 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=\"641608\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/the-imf-report-the-only-topic-worth-noting-really-last-night\/\">\r\n                            The IMF report, the only topic worth noting really last night                        <\/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 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/the-imf-report-the-only-topic-worth-noting-really-last-night\/&title=The IMF report, the only topic worth noting really last night\">\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=The+IMF+report%2C+the+only+topic+worth+noting+really+last+night+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fthe-imf-report-the-only-topic-worth-noting-really-last-night%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\/09\/27\/the-imf-report-the-only-topic-worth-noting-really-last-night\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641608\" class=\"content-area-description single-story post-641608 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Apart from Lamees Al Hadidi dissecting the IMF report and celebrating Saudi\u2019s decision <\/strong><strong>to let women drive<\/strong>, there was not much to report from the airwaves.<\/p>\n<p><strong>Lamees dove head-first into the IMF\u2019s inaugural review<\/strong> of Egypt\u2019s economic reform plan, which she described as \u201cpromising\u201d overall. Lamees pointed out that, while the report had plenty of positive points, it also made mention of some challenges, including inflation and rising debt levels (<a href=\"https:\/\/www.youtube.com\/watch?v=4gMKUjjBcnw\">watch, runtime 10:53<\/a>).<\/p>\n<p><strong>Egypt has never defaulted on its debt obligations, noted Arqaam Capital\u2019s Reham El <\/strong><strong>Desoki<\/strong>, who phoned in to offer color commentary. She also said that the concerns over social protection will continue to dwindle as the country moves forward with its reforms and the effects of the EGP float continue to wear off (<a href=\"https:\/\/www.youtube.com\/watch?v=3V-xmM_EKXE\">watch, runtime 1:34<\/a>).<\/p>\n<p><strong>Lamees then veered off to the strange case of Mowasalat Masr, <\/strong>Egyptian-Emirati transport company that has accused the government of demolishing a garage the company was renting for its fleet. The company\u2019s head of PR, Abbas Kattan, lambasted the government, saying moves like that are driving investors away (<a href=\"https:\/\/www.youtube.com\/watch?v=gMCsfqkHutE\">watch, runtime 6:25<\/a>).<\/p>\n<p><strong>Lamees all but popped some champagne (also illegal in KSA, we remind you) in honor of <\/strong><strong>Saudi Arabia now allowing women to drive<\/strong>. Saudi writer Manal Masoud Al Sharif, who has long been an advocate of the cause, told Lamees that the kingdom\u2019s critics will now have one less talking point (<a href=\"https:\/\/www.youtube.com\/watch?v=hdVA6HdfgLE\">watch, runtime 3:05<\/a>).<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib spoke to former MP Mohamed Anwar El Sadat<\/strong> <strong>on a possible run <\/strong><strong>during next year\u2019s presidential elections.<\/strong> El Sadat said he has yet to settle on whether or not to toss his hat into the ring and stressed that a multi-candidate election is a necessity (<a href=\"https:\/\/www.youtube.com\/watch?v=RwlKQg3WZ7w\">watch, runtime 16:02<\/a>).<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer spoke about the spike in school fees<\/strong> with Education Ministry official Haitham Fathalla, who told the host that most schools upped their prices 4-11%, while international school fees rose 14%. School owners enjoy a 15% profit margin on tuition fees, according to Fathalla.<\/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=\"641609\" 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=\"641609\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/egypt-makes-good-start-with-reform-program-imf\/\">\r\n                            Egypt makes \u201cgood start\u201d with reform program -IMF                        <\/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\/09\/27\/egypt-makes-good-start-with-reform-program-imf\/\" 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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Egypt has made \u201ca good start at reining in public spending, boosting investor confidence, and addressing the surging inflation generated by the new policies,\u201d the Fund says in its first review since signing the funding agreement with Egypt. Egypt has so far received USD 4 bn out of the USD 12 bn agreed on. Egypt\u2019s \u201cgood start\u201d came despite \u201cseeking waivers for missing some targets in June and a deeper-than-expected currency depreciation,\u201d <a href=\"http:\/\/uk.reuters.com\/article\/uk-egypt-economy-imf\/imf-sees-good-progress-on-reforms-in-egypt-idUKKCN1C11P6?il=0\">Reuters notes<\/a>. The IMF says \u201cit had agreed to a request for a waiver after Egypt missed primary fiscal balance and fuel subsidy bill requirements for end-June. The waiver was granted in part because of planned strong fiscal adjustments in the next two years.\u201d<\/p>\n<p><a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/09\/IMF-review-of-economic-reforms-1.pdf\"><strong>The full report is here in pdf for download<\/strong><\/a>, and we have key highlights below:<\/p>\n<p><strong>Inflation remains the main risk to macroeconomic stability, the IMF believes. <\/strong>\u201cEntrenched, high and persistent inflation could pose a threat to macroeconomic stability. It may also impede credibility of the new monetary policy framework.\u201d However, it noted that \u201cthe transition to a flexible exchange rate went smoothly. The parallel market has virtually disappeared and central bank reserves have increased significantly.\u201d The Fund sees that \u201cenergy subsidy reform, wage restraint, and a new value-added tax have all contributed to reducing the fiscal deficit and helped free up space for social spending to support the poor.\u201d <strong>Very ambitiously, <\/strong><a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKCN1C11QZ\"><strong>also sees inflation falling<\/strong><\/a><strong> to just over 10% by the end of FY 2017-18.<\/strong><\/p>\n<p><strong>The IMF appeared supportive of amendments to the Central Banking Act that stirred <\/strong><strong>controversy in the banking sector<\/strong> when they were announced in July. \u201cAmong other provisions the amendments envisage strengthening its governance structure, improving the recapitalization and profit distribution rules, normalizing the financial relationship with the government and commercial banks, enhancing transparency, and separating the emergency liquidity assistance and bank resolution frameworks.\u201d<\/p>\n<p><strong>In its review of Egypt\u2019s monetary policies<\/strong>, the report notes that the CBE will continue to tightly monitor inflation rates and that subsequent policy adjustments will depend on inflation dynamics and its assessment of inflation expectations. On the FX front, the CBE appears to have gone against the IMF\u2019s recommendations by not phasing out the profit repatriation mechanisms as it believes it plays an important role in attracting investment. The CBE intends to manage reserves to be in line with investment goals, the report notes. The report writes that <strong>by December 2017 the CBE will also remove the USD 50,000 cash deposit cap for non-priority goods.<\/strong><\/p>\n<p><strong>The IMF says that the FY2017-18 budget is consistent with the government\u2019s <\/strong><strong>medium-term objectives<\/strong> and that the expenditure framework reflects policies as agreed under the program. The primary surplus is projected at 0.4% of GDP, which would constitute fiscal consolidation of 2.2% of GDP. The overall deficit is projected to decline by 1.8% of GDP as monetary tightening will temporarily raise debt service costs. Tax revenue is projected to increase by 0.7% of GDP due to the increase in the VAT rate. The structure of expenditure will improve by lowering wage spending and energy subsidies, while increasing investment and strengthening targeted social protection, the report reads. The wage bill will decline by 1% of GDP, while energy subsidies are expected to decline by 0.8% of GDP.<\/p>\n<p><strong>So, when is the next round of funding coming? <\/strong>The IMF says to expect a third installment of around USD 2 bn in funding to disbursed to Egypt after a second review at the end of this year, <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1M73NH\">Reuters notes<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641624\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641625\" 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=\"641625\">\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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/\">\r\n                            Yoda makes cameo in Saudi text books                        <\/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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/\" 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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/')\">\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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/\">\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=Yoda makes cameo in Saudi text books&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/\">\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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/&title=Yoda makes cameo in Saudi text books\">\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=Yoda+makes+cameo+in+Saudi+text+books+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fyoda-makes-cameo-in-saudi-text-books%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\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/2101.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"641626\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/yoda-makes-cameo-in-saudi-text-books\/2101-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/2101.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2101.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/2101.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/9\/2101.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641625\" class=\"content-area-description single-story post-641625 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Big blunder Saudi officials make:<\/strong> Education officials from Saudi Arabia were sacked on Tuesday after they accidentally printed in national textbooks an image in which the Star Wars character Yoda had been photoshopped sitting next to the late King Faisal at the United Nations. It must have been the distraction of all those women not driving.<\/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=\"641627\" 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=\"641627\">\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\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/\">\r\n                            Arrest of seven over LGBTQ flags continues to lead the conversation on Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Arrest of seven over LGBTQ flags continues to lead the conversation on Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/&title=Arrest of seven over LGBTQ flags continues to lead the conversation on Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Arrest+of+seven+over+LGBTQ+flags+continues+to+lead+the+conversation+on+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Farrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/arrest-of-seven-over-lgbtq-flags-continues-to-lead-the-conversation-on-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641627\" class=\"content-area-description single-story post-641627 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The arrest of seven concertgoers who raised rainbow flags at last week\u2019s Mashrou\u2019 Leila <\/strong><strong>concert is still leading the conversation<\/strong> on Egypt in the western press this morning. The arrests are once again raising eyebrows and stirring discussion on Egypt\u2019s human rights record, particularly as the detained men have undergone forensic tests that \u201care standard practice in Egypt, but they have been condemned by human rights groups as a form of torture,\u201d the <a href=\"https:\/\/www.nytimes.com\/2017\/09\/26\/world\/middleeast\/egypt-mashrou-leila-gays-concert.html\">New York Times\u2019 Declan Walsh<\/a> says.<\/p>\n<p>Some are also looking at the legal merits of the arrests, with <a href=\"https:\/\/qz.com\/1087537\/egypt-doesnt-have-anti-gay-lgbt-laws-but-is-arresting-music-fans-for-raising-the-rainbow-flag\/\">Quartz reminding everyone<\/a> that while Egypt technically does not have a law against being gay, \u201cin a country where [redacted] violence is rife [the LGBTQ community] is frequently railed against by the Muslim majority and Coptic Christian minority.\u201d<\/p>\n<p><strong>Thomas Cook says demand for destinations including Turkey and Egypt has \u201cpicked up<\/strong> as customers look for quality and value,\u201d <a href=\"https:\/\/www.ttgmedia.com\/news\/cook-reports-11-summer-bookings-boost-11684\">according to TTG<\/a>. The company says overall bookings and pricing for summer 2018 was currently ahead of this time last year, \u201creflecting a good performance from the UK and Northern Europe in particular.\u201d CEO Peter Fankhauser told <a href=\"https:\/\/uk.finance.yahoo.com\/news\/summer-holiday-spain-will-cost-10-next-year-thomas-cook-warns-090751837.html\">Yahoo News<\/a> that Turkey and Egypt \u201care wonderful countries with great hotels, great beaches, nice people, and really great value for money \u2026 We are not a security company, as long as we have the advice that we can fly to Egypt and Turkey, we will offer great holidays.\u201d<\/p>\n<p>Also worth noting in brief today:<\/p>\n<ul type=\"disc\">\n<li>Brett Sholtis writes <a href=\"https:\/\/www.usatoday.com\/story\/news\/nation-now\/2017\/09\/25\/coptic-christians-relocated-to-york\/702292001\/\">for USA Today<\/a> about how Coptic Christians are settling in the US. \u201cThe migration is part of a broader movement of Copts that began at urban centers in places such as New Jersey and Southern California. Since then, Copts have established churches in most states.\u201d<\/li>\n<li><strong>Zahi Hawass refutes <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/25\/proof-of-how-the-pyramids-were-built-uncovered\/\"><strong>new archaeological findings<\/strong><\/a><strong> on the construction of Giza pyramids<\/strong> (probably because he didn\u2019t discover them), <a href=\"https:\/\/aawsat.com\/home\/article\/1032756\/%D8%A8%D8%B1%D8%AF%D9%8A%D8%A9-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D8%AA%D8%AD%D9%84-%D9%84%D8%BA%D8%B2-%D8%A7%D8%B3%D8%AA%D8%AE%D8%AF%D8%A7%D9%85-%D8%A7%D9%84%D9%81%D8%B1%D8%A7%D8%B9%D9%86%D8%A9-%D8%A3%D8%AD%D8%AC%D8%A7%D8%B1%D8%A7%D9%8B-%D9%84%D8%A8%D9%86%D8%A7%D8%A1-%D8%A7%D9%84%D8%A3%D9%87%D8%B1%D8%A7%D9%85%D8%A7%D8%AA-%D9%85%D9%86-%D8%A3%D8%B3%D9%88%D8%A7%D9%86\">according to Asharq Al-Awsat<\/a>.<\/li>\n<li><strong>Irish citizen Ibrahim Halawa, who was <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/19\/halawa-acquitted-of-all-charges-to-be-released-within-days\/\"><strong>acquitted of all charges<\/strong><\/a><strong> last week, should be released from prison<\/strong> within \u201ca short number of days,\u201d <a href=\"http:\/\/www.independent.ie\/irish-news\/news\/ibrahim-halawas-release-from-prison-in-egypt-is-a-matter-of-a-short-number-of-days-36170895.html\">The Independent reports<\/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=\"641628\" 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=\"641628\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/\">\r\n                            Sudanese Prime Minister to visit Cairo \u201csoon\u201d                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Sudanese Prime Minister to visit Cairo \u201csoon\u201d&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/&title=Sudanese Prime Minister to visit Cairo \u201csoon\u201d\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Sudanese+Prime+Minister+to+visit+Cairo+%E2%80%9Csoon%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fsudanese-prime-minister-to-visit-cairo-soon%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/sudanese-prime-minister-to-visit-cairo-soon\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641628\" class=\"content-area-description single-story post-641628 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>Sudan\u2019s Prime Minister Bakry Hassan Saleh is expected to visit Cairo \u201csoon,\u201d <\/strong><strong>amid rumors that the two countries had broken ties,<\/strong> Sudan\u2019s ambassador to Egypt Abdel Mahmoud Abdel Halim <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=19a0b530-7851-4844-98cd-eafbcf28aa9a\">tells Al Shorouk<\/a>. Abdel Hamid reiterated that Sudan is not \u201cfreezing\u201d its diplomatic ties with Egypt, but noted that the two countries need to overcome the \u201churdles\u201d in their relations. Sudan\u2019s Foreign Ministry had <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/17\/ties-with-egypt-in-crisis-sudan-says\/\">said earlier this month<\/a> that ties between Egypt and Sudan are in the midst of a crisis as a result of the dispute over the Halayeb Triangle.<\/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=\"641629\" 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=\"641629\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/\">\r\n                            Electricity Ministry to begin rerouting high-pressure power lines                        <\/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\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/\" 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\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/')\">\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\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/\">\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=Electricity Ministry to begin rerouting high-pressure power lines&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/\">\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\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/&title=Electricity Ministry to begin rerouting high-pressure power lines\">\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=Electricity+Ministry+to+begin+rerouting+high-pressure+power+lines+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Felectricity-ministry-to-begin-rerouting-high-pressure-power-lines%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\/09\/27\/electricity-ministry-to-begin-rerouting-high-pressure-power-lines\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641629\" class=\"content-area-description single-story post-641629 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Electricity Ministry announced it has completed its preparations to implement a EGP 1 bn project rerouting high-pressure power lines away from densely populated areas, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=ef4e99bf-ad7c-449c-8945-8cbcdc12ed79\">Al Shorouk reports<\/a>. Unlicensed urban expansion over the past several years has encroached on the areas where the lines were initially placed, the ministry says.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"641630\" 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=\"641630\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/\">\r\n                            Cabinet grants preliminary approval to establishing garbage collection holding company                        <\/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\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/\" 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\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/')\">\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\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/\">\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=Cabinet grants preliminary approval to establishing garbage collection holding company&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/\">\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\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/&title=Cabinet grants preliminary approval to establishing garbage collection holding company\">\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=Cabinet+grants+preliminary+approval+to+establishing+garbage+collection+holding+company+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fcabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company%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\/09\/27\/cabinet-grants-preliminary-approval-to-establishing-garbage-collection-holding-company\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641630\" class=\"content-area-description single-story post-641630 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>The Ismail Cabinet has approved in principle establishing a holding company for garbage collection, Environment Minister Khaled Fahmy announced yesterday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=84fc5ba1-8ba8-4eed-bd0f-e2fb27322e92\">Al Shorouk reports<\/a>. Fahmy and Local Development Minister Hisham El Sherif met with other cabinet ministers and MPs to discuss the proposed company, which Fahmy said would be under the dual supervision of the environment and local development ministries. MP Mona Gaballah had <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/24\/privatizing-the-railways-moodys-sticking-to-its-flawed-ratings-and-the-automotive-directive\/\">said earlier this week<\/a> the government would hold a 51% stake in the company, with the remainder being opened to other stakeholders including investors, banks, and garbage collectors unions.<\/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=\"641631\" 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=\"641631\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/govt-extends-steel-import-tariffs\/\">\r\n                            Gov\u2019t extends steel import tariffs                        <\/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\/09\/27\/govt-extends-steel-import-tariffs\/\" 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\/09\/27\/govt-extends-steel-import-tariffs\/')\">\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\/09\/27\/govt-extends-steel-import-tariffs\/\">\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 extends steel import tariffs&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/govt-extends-steel-import-tariffs\/\">\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\/09\/27\/govt-extends-steel-import-tariffs\/&title=Gov\u2019t extends steel import tariffs\">\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+extends+steel+import+tariffs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fgovt-extends-steel-import-tariffs%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\/09\/27\/govt-extends-steel-import-tariffs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641631\" class=\"content-area-description single-story post-641631 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>The Trade and Industry Ministry has extended temporary import tariffs on steel rebar from China, Turkey, and Ukraine for two months, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1M725T\">Reuters reports<\/a>. The tariff was set in June to protect local manufacturers and was to remain in place for four months, but the new extension pushes it to 6 December. The tariff is set at 17% for Chinese steel, 10-19% for Turkish steel, and 15-27% for Ukrainian steel.<\/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=\"641633\" 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=\"641633\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\">\r\n                            Government asks contractors to submit thorough plans for New Capital                        <\/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\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\" 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\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/')\">\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\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\">\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=Government asks contractors to submit thorough plans for New Capital&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\">\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\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/&title=Government asks contractors to submit thorough plans for New Capital\">\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=Government+asks+contractors+to+submit+thorough+plans+for+New+Capital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fgovernment-asks-contractors-to-submit-thorough-plans-for-new-capital%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\/09\/27\/government-asks-contractors-to-submit-thorough-plans-for-new-capital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641633\" class=\"content-area-description single-story post-641633 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The New Administrative Capital for Urban Development asked Egyptian and Arab firms interested in developing land in the New Administrative Capital to submit detailed technical and financial presentations for consideration before any allocations take place, <a href=\"https:\/\/alborsanews.com\/2017\/09\/26\/1053714\">company sources told Al Borsa<\/a>. The company met with contractors over the past week and asked for the thorough plans regarding land selection and intended investments. Standards for selecting winning bids will consider the importance of the intended investment, previous experience, value of the area after investment and the timeframe for payment and completion. The first phase of the new city is already being negotiated with contractors for investment. The move comes amid concerns that the government had been prioritizing foreign (and particularly Chinese) firms in the city\u2019s development.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641634\" 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=\"641634\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/\">\r\n                            468k Chinese tourists in the last four months                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=468k Chinese tourists in the last four months&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/&title=468k Chinese tourists in the last four months\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=468k+Chinese+tourists+in+the+last+four+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2F468k-chinese-tourists-in-the-last-four-months%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/468k-chinese-tourists-in-the-last-four-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641634\" class=\"content-area-description single-story post-641634 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>468k Chinese tourists made their way to Egypt from May till September, Hany Sharkawy, head of industry group the Egyptian Investment Group in China,<a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=ad7f1c00-86dd-4edd-bca6-2911d509e44a\">told Al Shorouk<\/a>. The group has a campaign to draw in 1 mn Chinese tourists which kicked off in May, said El Sharkawy.<\/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=\"641635\" 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=\"641635\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-2017\/\">\r\n                            Toyota aims to sell 11,000 cars by end of 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\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-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\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-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\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-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=Toyota aims to sell 11,000 cars by end of 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-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\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-2017\/&title=Toyota aims to sell 11,000 cars by end of 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=Toyota+aims+to+sell+11%2C000+cars+by+end+of+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Ftoyota-aims-to-sell-11000-cars-by-end-of-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\/09\/27\/toyota-aims-to-sell-11000-cars-by-end-of-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641635\" class=\"content-area-description single-story post-641635 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Toyota Egypt aims to sell 11,000 vehicles by the end of 2017 as it sees the market recovering in the coming period, CEO Ahmed Monsef said yesterday, <a href=\"http:\/\/www.almalnews.com\/Story\/347149\/18\/%D8%AA%D9%88%D9%8A%D9%88%D8%AA%D8%A7---%D8%A5%D9%8A%D8%AC%D9%8A%D8%A8%D8%AA-%D8%AA%D8%B3%D8%AA%D9%87%D8%AF%D9%81-%D8%A8%D9%8A%D8%B9-11-%D8%A3%D9%84%D9%81-%D8%B3%D9%8A%D8%A7%D8%B1%D8%A9-%D8%A8%D9%86%D9%87%D8%A7%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%A7%D9%85\">according to Al Mal<\/a>. The company\u2019s sales were down by 30% y-o-y in 2016, impacted \u2014 as with the rest of the auto market \u2014 by the EGP float, soaring inflation rates, and diminished purchasing power and demand. The Automotive Information Council expects the auto market to <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/10\/egypts-auto-market-expected-to-slide-50-y-o-y-in-2017-amic\/\">remain in a slump<\/a>, with sales seen dropping by another 50% in 2017.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"641637\" 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=\"641637\">\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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/\">\r\n                            Military Production Ministry waives bank-issued LG requirement for affiliated companies                        <\/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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/\" 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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/')\">\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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/\">\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=Military Production Ministry waives bank-issued LG requirement for affiliated companies&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/\">\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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/&title=Military Production Ministry waives bank-issued LG requirement for affiliated companies\">\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=Military+Production+Ministry+waives+bank-issued+LG+requirement+for+affiliated+companies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fmilitary-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies%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\/09\/27\/military-production-ministry-waives-bank-issued-lg-requirement-for-affiliated-companies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641637\" class=\"content-area-description single-story post-641637 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>Companies affiliated with the Military Production Ministry will be providing letters of guarantee officiated by the state, rather than banks, for its projects, Minister Mohamed El Assar announced yesterday, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1196906\">Al Masry Al Youm reports<\/a>. The decision to waive the bank-issued letter of guarantee came during a Supreme Industry Committee meeting headed by Prime Minister Sherif Ismail.<\/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=\"641638\" 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=\"641638\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/\">\r\n                            Mohamed Elsewedy continues as Support Egypt leader following uncontested election                        <\/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\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/\" 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\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/')\">\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\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/\">\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=Mohamed Elsewedy continues as Support Egypt leader following uncontested election&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/\">\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\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/&title=Mohamed Elsewedy continues as Support Egypt leader following uncontested election\">\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=Mohamed+Elsewedy+continues+as+Support+Egypt+leader+following+uncontested+election+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fmohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election%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\/09\/27\/mohamed-elsewedy-continues-as-support-egypt-leader-following-uncontested-election\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641638\" class=\"content-area-description single-story post-641638 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 Support Egypt Coalition \u2014 the largest political bloc in the House of Representatives \u2014 announced yesterday that Mohamed Elsewedy will remain in place as the party\u2019s leader as his reelection bid was uncontested, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1588668.aspx\">Ahram Gate reports<\/a>. The coalition announced nine members who also won uncontested seats in its political office, while the remaining seats will be subject to a vote. Support Egypt\u2019s internal elections come as parties and coalitions are contending for control of parliamentary committees, elections for which will be held during parliament\u2019s third session, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=26092017&id=2b98235f-e555-4b3b-a28d-c4648c6b9953\">Al Shorouk reports<\/a>. The House of Representatives is expected to reconvene in October, but the official announcement awaits a decision from President Abdel Fattah El Sisi.<\/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=\"641641\" 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=\"641641\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/\">\r\n                            Egyptian tennis player the sole African and Arab on ITF junior rankings                        <\/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\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/\" 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\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/')\">\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\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian tennis player the sole African and Arab on ITF junior rankings&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/\">\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\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/&title=Egyptian tennis player the sole African and Arab on ITF junior rankings\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+tennis+player+the+sole+African+and+Arab+on+ITF+junior+rankings+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fegyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings%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\/09\/27\/egyptian-tennis-player-the-sole-african-and-arab-on-itf-junior-rankings\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641641\" class=\"content-area-description single-story post-641641 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>Egyptian tennis player <a href=\"http:\/\/www.itftennis.com\/juniors\/players\/player\/profile.aspx?playerid=100200042\">Youssef Hossam<\/a> is the only African and Arab on the world junior rankings, but is struggling to find a sponsor, according to <a href=\"http:\/\/www.emirates247.com\/sports\/tennis\/rising-egyptian-star-needs-sponsor-2017-09-26-1.659540\">an AFP piece<\/a>. \u201cThe three-time African Junior Champion from 2014 to 2016 is currently 334th on the ATP rankings, but a promising 22nd in the world junior rankings. Yet the player as well as his coaches say all this talent may fail to reach its potential without a sponsor to finance a team to guide Hossam towards his dreams.\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\/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=\"641642\" 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=\"641642\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/egyptian-american-law-professor-passes-away\/\">\r\n                            Egyptian American law professor passes away                        <\/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\/09\/27\/egyptian-american-law-professor-passes-away\/\" 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\/09\/27\/egyptian-american-law-professor-passes-away\/')\">\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\/09\/27\/egyptian-american-law-professor-passes-away\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian American law professor passes away&url=https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/egyptian-american-law-professor-passes-away\/\">\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\/09\/27\/egyptian-american-law-professor-passes-away\/&title=Egyptian American law professor passes away\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+American+law+professor+passes+away+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F09%2F27%2Fegyptian-american-law-professor-passes-away%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\/09\/27\/egyptian-american-law-professor-passes-away\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641642\" class=\"content-area-description single-story post-641642 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Respected Egyptian American law professor Cherif Bassiouni passed away on Monday at <\/strong><strong>the age of 79<\/strong>, <a href=\"https:\/\/www.washingtonpost.com\/local\/obituaries\/m-cherif-bassiouni-father-of-international-criminal-law-dies-at-79\/2017\/09\/26\/7a5e736c-a2c5-11e7-8cfe-d5b912fabc99_story.html?utm_term=.0f428de7790d\">according to the Washington Post<\/a>. The scholar was known for his human rights work on Yugoslavia as well as apartheid South Africa. Often called the \u201cfather of international criminal law,\u201d his academic work helped create the International Criminal Court.<\/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=\"641645\" 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=\"641645\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/09\/27\/641645\/\">\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\/09\/27\/641645\/\" 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\/09\/27\/641645\/')\">\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\/09\/27\/641645\/\">\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\/09\/27\/641645\/\">\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\/09\/27\/641645\/&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%2F09%2F27%2F641645%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\/09\/27\/641645\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641645\" class=\"content-area-description single-story post-641645 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 17.6155 | Sell 17.7155<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.62 | Sell 17.72<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.62 | Sell 17.72<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 13,704 (+0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (48% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +11%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 0.2%. CIB, the index heaviest constituent ended down 0.1%. EGX30\u2019s top performing constituents were: Orascom Telecom Media and Technology up 5.6%, Oriental Weavers up 4.4%, and Domty up 4.1%. Yesterday\u2019s worst performing stocks were: Sodic down 3.0%, Qalaa Holdings down 2.9%, and Egyptian Financial and Industrial down 1.9%. The market turnover was EGP 1.3 bn and foreign investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -27.3 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +0.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +27.0 mn<\/p>\n<p><strong>Retail<\/strong>: 76% of total trades | 73.7% of buyers | 78.2% of sellers<br \/>\n <strong>Institutions<\/strong>: 24% of total trades | 26.3% of buyers | 21.8% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 9.2% of total | 8.2% of buyers | 10.3% of sellers<br \/>\n <strong>Regional:<\/strong> 10.1% of total | 10.1% of buyers | 10.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 80.7% of total | 81.7% of buyers | 79.7% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 52.08 (+0.39%)<br \/>\n <strong>Brent:<\/strong> USD 58.57 (+0.22%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.93 MMBtu, (+0.45%, October 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,298.20 \/ troy ounce (-0.27%)<\/p>\n<p><strong>TASI:<\/strong> 7,240.10 (+0.22%) (YTD: +0.41%)<br \/>\n <strong>ADX:<\/strong> 4,413.79 (+0.07%) (YTD: -2.92%)<br \/>\n <strong>DFM:<\/strong> 3,561.05 (-0.23%) (YTD: +0.85%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 429.74 (+0.18%) (YTD: +13.06%)<br \/>\n <strong>QE:<\/strong> 8,569.26 (+1.42%) (YTD: -17.89%)<br \/>\n <strong>MSM:<\/strong> 5,114.12 (-0.30%) (YTD: -11.56%)<br \/>\n <strong>BB: <\/strong>1,291.03 (-0.07%) (YTD: +5.78%)<\/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=\"641646\" 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\/09\/27\/641646\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-641646\" class=\"content-area-description single-story post-641646 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>25-27 September (Monday-Wednesday): <a href=\"http:\/\/egypt.wraconferences.com\/\">Egypt Downstream Summit and Exhibition<\/a>, Kempinski Royal Maxim Palace, Cairo.<\/p>\n<p>28 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>September \u2014 The House of Representatives is due to begin discussion of the proposed bankruptcy bill.<\/p>\n<p>30 September-01 October (Saturday-Sunday): <a href=\"https:\/\/technesummit.com\/#\/\">Techne Summit<\/a>, Bibliotheca Alexandrina, Alexandria.<\/p>\n<p>03 October (Tuesday): Egypt\u2019s Emirates NBD PMI reading released.<\/p>\n<p>03-05 October (Tuesday-Thursday): J.P. Morgan\u2019s <a href=\"https:\/\/www.jpmorgan.com\/country\/US\/EN\/detail\/1395980361643\">Credit and Equities Emerging Markets Conference<\/a>, London, UK.<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>11-12 October (Wednesday-Thursday): <a href=\"http:\/\/www.megaprojectsconf.com\/en-us\/\">2030 Mega Projects Conference<\/a>, Nefertiti Hall, Cairo International Convention Center, Cairo.<\/p>\n<p>11-13 October (Wednesday-Friday): <a href=\"http:\/\/www.marailshow.com\/en-us\/\">Middle East and Africa Rail Show<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>15-16 October (Sunday-Monday): <a href=\"http:\/\/www.thepworld.com\/event\/marketing-kingdom-cairo-3-conference-awards?utm_source=Digital+Boom&utm_campaign=c81ff650a3-EMAIL_CAMPAIGN_2017_08_27&utm_medium=email&utm_term=0_397c357c7a-c81ff650a3-278460881\">The Marketing Kingdom Cairo 3<\/a> conference, Dusit Thani Lakeview Hotel, Cairo.<\/p>\n<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>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>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>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>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/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    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":641602,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-641601","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"253279cc-87bc-4f5c-8e3c-006f29492bb8","teaser":"","photo_url":"https:\/\/ent.news\/2015\/9\/26.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Reader poll: It\u2019s been an okay year for business and you\u2019re optimistic about next year \u2014 but interest rates and inflation are hurting - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Reader poll: It\u2019s been an okay year for business and you\u2019re optimistic about next year \u2014 but interest rates and inflation are hurting\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T17:41:12+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2015\/9\/26.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/reader-poll-its-been-an-okay-year-for-business-and-youre-optimistic-about-next-year-but-interest-rates-and-inflation-are-hurting\/\",\"name\":\"Reader poll: It\u2019s been an okay year for business and you\u2019re optimistic about next year \u2014 but interest rates and inflation are hurting - 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