{"id":642111,"date":"2017-08-07T03:43:34","date_gmt":"2017-08-07T03:43:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=642111"},"modified":"2025-12-17T17:59:14","modified_gmt":"2025-12-17T17:59:14","slug":"we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa\/","title":{"rendered":"We have a new EGX boss and a new IMF mission head \u2014 and it\u2019s Sherif Samy\u2019s last day at EFSA."},"content":{"rendered":"<section id=\"642113\" 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=\"642113\">\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\/08\/07\/what-were-tracking-on-07-august-2017\/\">\r\n                            What we\u2019re tracking on 07 August 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\/08\/07\/what-were-tracking-on-07-august-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\/08\/07\/what-were-tracking-on-07-august-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\/08\/07\/what-were-tracking-on-07-august-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 07 August 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/what-were-tracking-on-07-august-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\/08\/07\/what-were-tracking-on-07-august-2017\/&title=What we\u2019re tracking on 07 August 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+07+August+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fwhat-were-tracking-on-07-august-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\/08\/07\/what-were-tracking-on-07-august-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642113\" class=\"content-area-description single-story post-642113 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p>On a quiet summer morning, we have three big pieces of news on personalities who will shape our regulatory and macro environments:<\/p><p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>New head of EGX announced overnight: <\/strong>Mohamed Farid Saleh was appointed chairman of the EGX late yesterday in a <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/08\/Press-Release-6-8-2017-%D8%AA%D8%B9%D9%8A%D9%8A%D9%86-%D8%B1%D8%A6%D9%8A%D8%B3%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7-%D9%84%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-.pdf\">decree issued by Prime Minister Sherif Ismail.<\/a>He replaces Mohamed Omran, whose term wrapped last week. Farid returns to government service from the <a href=\"http:\/\/dcodeefc.com\/\">private-sector economic think tank Dcode<\/a>, where he was chairman and CEO since 2012. He\u2019s been an adjunct at AUC and the Arab Academy for Science, Technology and Maritime Transport and a consultant to the world bank. He was previously vice-chairman of the EGX (July 2010 through October 2011), during which time he worked on weighting of indices as well as the development of a derivatives market. He was earlier a staffer at the Investment Minister during the time of Mahmoud Mohieldin, where served from 2004-2010 and was head of the capital markets unit. You can check out his <a href=\"http:\/\/schools.aucegypt.edu\/Business\/ABR\/Pages\/Mohamed-Farid-Saleh.aspx\">AUC bio here<\/a> and <a href=\"https:\/\/www.linkedin.com\/in\/mohamed-farid-saleh-97527246\/?ppe=1\">his Linkedin page here<\/a>. <a href=\"https:\/\/www.reuters.com\/article\/egypt-economy-stockmarket-chairman-idUSL5N1KS0LJ\">Reuters has the news.<\/a><\/p><p><strong>Sherif Samy\u2019s last day at EFSA is today: <\/strong>Sherif Samy\u2019s tenure as chairman of the Egyptian Financial Supervisory Authority (EFSA) officially ends today. <a href=\"http:\/\/gate.ahram.org.eg\/News\/1560914.aspx\">Ahram Gate notes<\/a> that Samy\u2019s deputy, Reda Abdel Moati, will lead EFSA in the interim until President Abdel Fattah El Sisi appoints a full-time chairman. The appointment requires parliamentary approval. <strong>Samy\u2019s parting gift?<\/strong> Amendments to tighten up listing regulations that could threaten the status of some 30 listed companies (we have more in the Speed Round).<\/p><p><strong>We have a new IMF mission director for Egypt: <\/strong>IMF Egypt Mission Chief Chris Jarvis\u2019 three-year term in the country has ended, <a href=\"http:\/\/www.ahram.org.eg\/News\/202350\/5\/607458\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%C2%AB%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89%C2%BB-%D9%85%D8%AA%D8%A7%D8%A8%D8%B9%D8%A9-%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D8%A7%D9%84%D9%82%D8%B1%D8%B6-%D9%88%D8%A5%D8%B4%D8%A7%D8%AF%D8%A9-%D8%A8%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD%D8%A7.aspx\">according to Al Ahram<\/a>. Jarvis has passed the torch onto former <a href=\"https:\/\/blogs.imf.org\/bloggers\/subir-lall\/\">Portugal Mission Chief Subir Lall<\/a>, who has previously served as mission chief for Germany, Indonesia, Korea, Malaysia, and the Netherlands. The Brown and Delhi grad\u2019s <a href=\"https:\/\/www.linkedin.com\/in\/subir-lall-1395513\/\">Linkedin page<\/a> lists him as mission chief for Egypt and assistant director (Middle East and Central Asia Department) from July at the end of a nearly four-year term in Portugal.<\/p><p><strong>Is your kid Blighty-bound this fall? You may want to look into this: <\/strong>The government has reportedly signed agreements with a number of UK universities to cut the tuition fees for Egyptian students, <a href=\"http:\/\/news.xinhuanet.com\/english\/2017-08\/06\/c_136502437.htm\">according to Xinhua<\/a>. An agreement with Imperial College London will reduce fees for Egyptian engineering students by half, the paper notes. Another agreement with University College London has been renewed to reduce tuition fees for Egyptians by a quarter and another with University of Aberdeen cuts it by 10%.<\/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=\"642116\" 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: 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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\/08\/07\/what-were-tracking-this-week-136\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642117\" class=\"content-area-description single-story post-642117 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Ismail cabinet\u2019s economic group will be discussing the final form of the<\/strong><strong>Investment Act\u2019s executive regulations this Wednesday<\/strong>, according to <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/01\/price-controls-on-private-healthcare-and-emaars-possible-investment\/\">statements from Investment Minister Sahar Nasr last week<\/a>. Discussion of the regs in the economics committee of the House of Representatives concluded yesterday, according to committee chair Amr Ghallab, who told the press that <strong>MPs will prepare a memo with their remarks on the document<\/strong>, although the government is not obliged to address them. Among the <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=06082017&id=fd67bc43-37ad-4f5e-88dc-9a3f32e7b893\">committee\u2019s issues<\/a> are reservations on the definition of special economic zones and clauses that could allow the law to be applied retroactively to businesses or investments that started before it was enacted, according to MP Medhat El Sherif.<\/p>\n<p>Also this week, <strong>the <\/strong><a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=30072017&id=dd321ed4-ac4c-4954-8b48-3ae9ccc24397\"><strong>Ismail government\u2019s investment map<\/strong><\/a><strong> should go to the House <\/strong><strong>Economics Committee<\/strong>, according to committee chair Amr Ghallab. An alleged draft of the map, which includes c. 600 projects in a wide range of sectors and locations, <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/18\/investment-map-leaked-in-the-local-press\/\">was leaked last month<\/a>.<\/p>\n<p><strong>Vodafone\u2019s talks with the NTRA about repricing haven\u2019t yet amounted to much<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Story\/342374\/17\/%D8%AA%D9%81%D8%A7%D8%B5%D9%8A%D9%84-%D8%A7%D8%AC%D8%AA%D9%85%D8%A7%D8%B9-%D8%AC%D9%87%D8%A7%D8%B2-%D8%AA%D9%86%D8%B8%D9%8A%D9%85-%D8%A7%D9%84%D8%A7%D8%AA%D8%B5%D8%A7%D9%84%D8%A7%D8%AA-%D9%85%D8%B9-%D9%81%D9%88%D8%AF%D8%A7%D9%81%D9%88%D9%86\">reports Al Mal<\/a>. Sources told Al Mal that the meeting was brief, didn\u2019t result in anything and that no future meetings were scheduled with Vodafone. <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/06\/what-were-tracking-this-week-149\/\">We noted<\/a> yesterday that all three mobile network operators will be meeting the NTRA this week to lobby for approval of new tariffs that take into account rising expenses stemming from everything from the float to the phase-out of energy subsidies.<\/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=\"642118\" 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=\"642118\">\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\/08\/07\/on-the-horizon-165\/\">\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\/08\/07\/on-the-horizon-165\/\" 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\/08\/07\/on-the-horizon-165\/')\">\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\/08\/07\/on-the-horizon-165\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/on-the-horizon-165\/\">\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\/08\/07\/on-the-horizon-165\/&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%2F08%2F07%2Fon-the-horizon-165%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\/08\/07\/on-the-horizon-165\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642118\" class=\"content-area-description single-story post-642118 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 government will sign for a USD 60 mn tranche of funding from the European Bank for <\/strong><strong>Reconstruction and Development (EBRD) next week<\/strong> as part of a USD 500 mn pledge to finance private sector development projects, <a href=\"https:\/\/ent.news\/2017\/8\/700.pdf\">said Investment and International Cooperation Minister Sahar Nasr (pdf)<\/a>. The announcement came during the signing of a USD 1.9 mn agreement with the Electricity Ministry for the EBRD to provide consulting services to the ministry.<\/p>\n<p><strong>The Electricity Ministry also signed for EGP 2 mn in funding to de-mine 11k feddans in <\/strong><strong>Matrouh governorate<\/strong> at the site of the mythical Dabaa nuclear plant, as per instructions from President Abdel Fattah El Sisi.<\/p>\n<p><strong>Speaking of Dabaa (or our version of the Yeti):<\/strong> The Egyptian Council of State (Maglis El Dawla) will apparently begin reviewing the Dabaa contracts next month, <a href=\"https:\/\/alborsanews.com\/2017\/08\/06\/1042198\">government sources tell Al Borsa<\/a>. The council will form a special committee to look into the documents. We\u2019ve been hearing that the Maglis has had these contracts since early last month.<\/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=\"642119\" 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=\"642119\">\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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/\">\r\n                            Airwaves are so bland in Amr and Lamees\u2019 absence                        <\/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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/\" 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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/')\">\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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/\">\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=Airwaves are so bland in Amr and Lamees\u2019 absence&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/\">\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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/&title=Airwaves are so bland in Amr and Lamees\u2019 absence\">\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=Airwaves+are+so+bland+in+Amr+and+Lamees%E2%80%99+absence+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fairwaves-are-so-bland-in-amr-and-lamees-absence%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\/08\/07\/airwaves-are-so-bland-in-amr-and-lamees-absence\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642119\" class=\"content-area-description single-story post-642119 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>Sunday night\u2019s shows were so vapid, we\u2019re one platitude or poorly-constructed question away from openly praying for the return of Lamees Al Hadidi and Amr Adib.<\/p>\n<p><strong>Ten TV\u2019s Amr Abdel Hamid spoke to Federation of Egyptian Builders member Daker <\/strong><strong>Abdellah<\/strong>, who claims more than 2,800 of his 30k federation member companies have closed their doors since the float of the EGP. The government, he added, has been slow in paying out compensation to contractors under newly-enacted legislation (<a href=\"https:\/\/www.youtube.com\/watch?v=AxSXEa_9ohE\">watch, runtime 3:45<\/a>).<\/p>\n<p>Meanwhile on Masaa DMC, host <strong>Eman El Hosary zeroed in on the Pharmacists Syndicate<\/strong><strong>strike <\/strong>in a bid to force the Health Ministry to re-price certain products (<a href=\"https:\/\/www.youtube.com\/watch?v=X2-_8yfgYHs\">watch, runtime 11:31<\/a>).<\/p>\n<p>Over on Yahduth fi Misr, <strong>Sherif Amer was busy covering President Abdel Fattah El Sisi\u2019s <\/strong><strong>commemoration of national science day.<\/strong> Deputy Higher Education Minister Essam Khamis told Amer that the state budget allocates EGP 17.5 bn to scientific research in FY2017-18 and that his ministry is close to launching new incubator programs for innovative tech projects.<\/p>\n<p>On Mehwar TV, <strong>Moataz Demerdash spent a large chunk of last night\u2019s 90 Minutes <\/strong><strong>reporting on the Cairo University journalism professor<\/strong> implicated in a [redacted] harassment case. A video of the professor, who's currently being investigated by prosecutors, allegedly trying to blackmail his way into the act has gone viral (<a href=\"https:\/\/www.youtube.com\/watch?v=1ChIzintu7Q\">watch, runtime 9:00<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-last-nights-talk-shows\/\">Enterprise+: Last Night\u2019s Talk Shows<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642120\" 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=\"642120\">\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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/\">\r\n                            Alwaleed bin Talal to invest north of USD 800 mn in hotel projects with Egypt\u2019s TMG                        <\/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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/\" 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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/')\">\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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/\">\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=Alwaleed bin Talal to invest north of USD 800 mn in hotel projects with Egypt\u2019s TMG&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/\">\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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/&title=Alwaleed bin Talal to invest north of USD 800 mn in hotel projects with Egypt\u2019s TMG\">\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=Alwaleed+bin+Talal+to+invest+north+of+USD+800+mn+in+hotel+projects+with+Egypt%E2%80%99s+TMG+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Falwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg%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\/08\/07\/alwaleed-bin-talal-to-invest-north-of-usd-800-mn-in-hotel-projects-with-egypts-tmg\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642120\" class=\"content-area-description single-story post-642120 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>INVESTMENT WATCH- Globally prominent Saudi businessman Alwaleed bin Talal\u2019s <\/strong><strong>Kingdom Holding Company will be investing more than USD 800 mn<\/strong> in projects alongside Egypt\u2019s Talaat Moustafa Group (TMG) under an agreement inked with Investment and International Cooperation Minister Sahar Nasr on Sunday, <a href=\"http:\/\/www.miic.gov.eg\/Front\/Media\/NewsDetail.aspx?SLang=A&MedId=8294\">a statement said<\/a>. The funds will be used in part to finance TMG\u2019s ongoing expansion of the <strong>Four Seasons Resort in Sharm El Sheikh<\/strong>, where costs have reportedly ballooned to EGP 7 bn from an estimated <a href=\"https:\/\/alborsanews.com\/2016\/02\/16\/807717\">EGP 1.8 bn back in 2016<\/a>. The expansion, which should be completed sometime next year, would add up to 800 new rooms to the resort, making it the largest Four Seasons resort in the Middle East with 1,400 rooms, <a href=\"http:\/\/www.egyptindependent.com\/egypt-house-worlds-largest-four-seasons-resort-worth-le7-bn\/\">according to Al Masry Al Youm<\/a>. Kingdom Holding is also earmarking funds for TMG\u2019s construction of a <strong>new hotel in Alamein and a <\/strong><a href=\"https:\/\/dailynewsegypt.com\/2016\/08\/23\/538200\/\"><strong>Four Seasons in Madinaty<\/strong><\/a>, which are currently in the works.<\/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=\"642131\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642132\" 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=\"642132\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/\">\r\n                            This summer\u2019s \u201cseason of bans\u201d has led to a lag in air traffic demand in the Middle East                        <\/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\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/\" 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\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/')\">\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\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/\">\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=This summer\u2019s \u201cseason of bans\u201d has led to a lag in air traffic demand in the Middle East&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/\">\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\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/&title=This summer\u2019s \u201cseason of bans\u201d has led to a lag in air traffic demand in the Middle East\">\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=This+summer%E2%80%99s+%E2%80%9Cseason+of+bans%E2%80%9D+has+led+to+a+lag+in+air+traffic+demand+in+the+Middle+East+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fthis-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east%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\/08\/07\/this-summers-season-of-bans-has-led-to-a-lag-in-air-traffic-demand-in-the-middle-east\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642132\" class=\"content-area-description single-story post-642132 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>This summer\u2019s \u201cseason of bans\u201d has led to a lag in air traffic demand in the <\/strong><strong>Middle East:<\/strong> Middle Eastern flight carriers saw demand a 2.5% y-o-y increase in traffic in June, far below the 7.5% increase in international passenger demand in all world regions, said the <a href=\"http:\/\/www.iata.org\/pressroom\/pr\/Pages\/2017-08-03-01.aspx\">International Air Transport Association (IATA) last week<\/a>. Traffic had declined m-o-m from May, which recorded a 3.7% increase. This comes as capacity rose 3.1% in June, while load factor slipped down 0.4%. The decline in demand was for North American routes, a natural consequence of both the laptop ban and President Donald Trump\u2019s Muslim ban. While the report did not comment on the impact of the air blockade imposed by \u201cthe Arab Quartet\u201d on Qatar in June, undoubtedly it would have contributed to the slide as it did prevent Qatar Airways \u2014 the region\u2019s second largest carrier \u2014 from making flights to the UAE, Bahrain, Egypt and Saudi Arabia.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642134\" 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=\"642134\">\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\/08\/07\/642134\/\">\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\/08\/07\/642134\/\" 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\/08\/07\/642134\/')\">\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\/08\/07\/642134\/\">\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\/08\/07\/642134\/\">\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\/08\/07\/642134\/&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%2F08%2F07%2F642134%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\/08\/07\/642134\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642134\" class=\"content-area-description single-story post-642134 post type-post status-publish format-standard hentry category-egypt-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The appointment of new EGX Chairman Mohamed Farid Saleh is topping coverage of Egypt in the international press this morning, with <a href=\"https:\/\/www.reuters.com\/article\/egypt-economy-stockmarket-chairman-idUSL5N1KS0LJ\">Reuters noting that<\/a> he \u201chelped to launch the first weighted index on EGX during his time as vice chairman from July 2010 to October 2011.\u201d<\/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=\"642137\" 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=\"642137\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/complaints-over-water-prices-come-rolling-in\/\">\r\n                            Complaints over water prices come rolling in                        <\/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\/08\/07\/complaints-over-water-prices-come-rolling-in\/\" 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\/08\/07\/complaints-over-water-prices-come-rolling-in\/')\">\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\/08\/07\/complaints-over-water-prices-come-rolling-in\/\">\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=Complaints over water prices come rolling in&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/complaints-over-water-prices-come-rolling-in\/\">\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\/08\/07\/complaints-over-water-prices-come-rolling-in\/&title=Complaints over water prices come rolling in\">\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=Complaints+over+water+prices+come+rolling+in+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fcomplaints-over-water-prices-come-rolling-in%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\/08\/07\/complaints-over-water-prices-come-rolling-in\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642137\" class=\"content-area-description single-story post-642137 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>As expected, the complaint letters are coming in over the <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/03\/water-prices-increased-by-as-much-as-50\/\"><strong>increase in water prices <\/strong><strong>last week<\/strong><\/a>, with the usual theme of \u201cnow the government has gone too far.\u201d This latest iteration, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1172174\">from Al Masry Al Youm\u2019s Abdel Nasser Salama<\/a>, reminds us how important water is to humans (thanks, Salama). He does argue, however, that implementing this cut would open the door for overpricing to the poor, who have seen their water prices rise the least. Most buildings do not have any means to measure water consumption, says Salama, adding that this might mean an automatic hike over the mandated rate.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642138\" 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=\"642138\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/\">\r\n                            Narcos back in the small screen on 1 September                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Narcos back in the small screen on 1 September&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/&title=Narcos back in the small screen on 1 September\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Narcos+back+in+the+small+screen+on+1+September+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fnarcos-back-in-the-small-screen-on-1-september%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1726.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"642139\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/narcos-back-in-the-small-screen-on-1-september\/1726-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1726.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1726.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1726.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1726.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642138\" class=\"content-area-description single-story post-642138 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Narcos is back on the small screen on 1 September: <\/strong>TV\u2019s fall season lineup (otherwise known as the post-Game of Thrones drought) is looking better as Netflix unveiled the trailer (<a href=\"https:\/\/www.youtube.com\/watch?v=Ory6b2EJ3Bk\">watch, runtime: 2:24<\/a>) for season 3 of Narcos a few days ago. Netflix\u2019s most popular series continues with the story of the Cali Cartel, who waited out Pablo Escobar\u2019s war against the Colombian state. And while the group brought a little corporate flare to narco-trafficking, from the trailer, it looks like we\u2019ll be getting the same dose of thrilling and suspenseful violence we enjoyed in the past two seasons. Agent Pena appears to make a return sans the chatty (and utterly forgettable) white partner-narrator.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642140\" 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=\"642140\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/eu-allocates-eur-300-mn-to-sanitation-in-the-south\/\">\r\n                            EU allocates EUR 300 mn to sanitation in the south                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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src=\"assets\/media\/placeholder\/svg\/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=EU allocates EUR 300 mn to sanitation in the south&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/eu-allocates-eur-300-mn-to-sanitation-in-the-south\/\">\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\/08\/07\/eu-allocates-eur-300-mn-to-sanitation-in-the-south\/&title=EU allocates EUR 300 mn to sanitation in the south\">\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=EU+allocates+EUR+300+mn+to+sanitation+in+the+south+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Feu-allocates-eur-300-mn-to-sanitation-in-the-south%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\/08\/07\/eu-allocates-eur-300-mn-to-sanitation-in-the-south\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642140\" class=\"content-area-description single-story post-642140 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>The EU and other development partners allocated EUR 300 mn to water and sanitation <\/strong><strong>projects in Upper Egypt, <\/strong>chairman of the Holding Company for Water and Wastewater Mamdouh Raslan said on Sunday, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1173040\">according to Al Masry Al Youm<\/a>.The EU is one of several partners on a national project that aims to provide Upper Egypt governorates with access to clean drinking water by 2037.<\/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=\"642141\" 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=\"642141\">\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\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/\">\r\n                            Agriculture Ministry forms committee to ensure safety codes of fish exports                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Agriculture Ministry forms committee to ensure safety codes of fish exports&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/agriculture-ministry-forms-committee-to-ensure-safety-codes-of-fish-exports\/&title=Agriculture Ministry forms committee to ensure safety codes of fish exports\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            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          \n<article id=\"post-642141\" class=\"content-area-description single-story post-642141 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 Agriculture Ministry has formed a committee to inspect fisheries and ensure safety of fish exports after Saudi Arabia banned imports of Egyptian fish <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/06\/saudi-arabia-bans-live-fish-imports-from-egypt\/\">last week<\/a>. The committee will be enforcing new quality control measures laid out by Saudi authorities to resume importing farmed fish from Egypt, said Deputy Agriculture Minister Mona Mehrez. Apparently these conditions include granting the General Organization For Veterinary Services full authority to inspect and certify fish exports, she added. While the ministry appears to be proactive in attempting to resolve the issue, other statements indicate that officials are angry about the UN FAO report warning of a tilapia lake virus outbreak among Egyptian farmed fish. Khaled Hosny, head of the General Authority for Fish Resources Development, lashed out at UN FAO, saying that Egypt should have been consulted before the report was issued, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=06082017&id=8cac7aeb-7f5c-4de8-8c00-41dfd8e3d724\">Al Shorouk reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"642146\" 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=\"642146\">\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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/\">\r\n                            Social housing delivery delayed due to tardy compensation of contractors                        <\/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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/\" 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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/')\">\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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/\">\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=Social housing delivery delayed due to tardy compensation of contractors&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/\">\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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/&title=Social housing delivery delayed due to tardy compensation of contractors\">\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=Social+housing+delivery+delayed+due+to+tardy+compensation+of+contractors+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fsocial-housing-delivery-delayed-due-to-tardy-compensation-of-contractors%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\/08\/07\/social-housing-delivery-delayed-due-to-tardy-compensation-of-contractors\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642146\" class=\"content-area-description single-story post-642146 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>Deliveries on social housing has been delayed as some contractors have halted development for not being compensated yet under the Contractors\u2019 Compensation Act, Housing Minister Mostafa Madbouly said, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1172829\">according to AMAY<\/a>. The law, which came into effect last month, would see the state compensate contractors for losses incurred as a result of the EGP float. Contractors had been warning that delays in paying them back would stop construction. Apparently, <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/24\/housing-ministry-to-issue-immediate-10-downpayment-on-compensation-to-contractors\/\">last month\u2019s decision<\/a> by the ministry to issue an immediate 10% downpayment on the reparations didn\u2019t go over well.<\/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=\"642147\" 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=\"642147\">\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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/\">\r\n                            Citadel in Quseir to open to tourists                        <\/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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/\" 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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/')\">\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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/\">\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=Citadel in Quseir to open to tourists&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/citadel-in-quseir-to-open-to-tourists\/\">\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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/&title=Citadel in Quseir to open to tourists\">\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=Citadel+in+Quseir+to+open+to+tourists+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fcitadel-in-quseir-to-open-to-tourists%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\/08\/07\/citadel-in-quseir-to-open-to-tourists\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/941.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"642148\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/citadel-in-quseir-to-open-to-tourists\/941-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/941.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"941.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/941.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/941.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642147\" class=\"content-area-description single-story post-642147 post type-post status-publish format-standard has-post-thumbnail 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>The Ministry of Antiquities and the Tourism Promotion Authority agreed to open an Ottoman-era fort in El Quseir to tourists, <a href=\"http:\/\/news.xinhuanet.com\/english\/2017-08\/06\/c_136503743.htm\">according to Xinhua<\/a>. The fort was built in the Red Sea town in 1799 under Sultan Selim\u2019s rule. If you decide to venture out, don\u2019t linger. This fort is maybe worth a quick peek (and perhaps a laugh) on the way down to Marsa Alam for the real tourist attractions: nature and underwater adventures.<\/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=\"642149\" 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=\"642149\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/\">\r\n                            Etisalat Misr ready to let TE offer local roaming using its infrastructure                        <\/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\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/\" 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\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/')\">\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\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/\">\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=Etisalat Misr ready to let TE offer local roaming using its infrastructure&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/\">\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\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/&title=Etisalat Misr ready to let TE offer local roaming using its infrastructure\">\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=Etisalat+Misr+ready+to+let+TE+offer+local+roaming+using+its+infrastructure+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fetisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure%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\/08\/07\/etisalat-misr-ready-to-let-te-offer-local-roaming-using-its-infrastructure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642149\" class=\"content-area-description single-story post-642149 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Etisalat Misr is ready to begin allowing Telecom Egypt (TE) to piggyback off its infrastructure to offer local roaming services, Etisalat\u2019s Chief Corporate Affairs Officer Khaled Hegazy said, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=06082017&id=725de84e-b836-40a8-b738-1cf451ec4834\">according to Al Shorouk<\/a>. TE had signed an agreement <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/18\/te-signs-two-agreements-with-etisalat-one-week-to-4g-isa\/\">with Etisalat in June<\/a> to use the latter\u2019s infrastructure to offer 2G, 3G, and 4G services. Etisalat is also ready to offer 4G services as soon as the frequencies are geographically distributed among the three mobile network operators, Hegazy added. Etisalat injected EGP 40 bn in to upgrading its infrastructure ahead of offering 4G services, according to Hegazy.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642150\" 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=\"642150\">\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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/\">\r\n                            HSBC removes all limits on foreign purchases using debit cards                        <\/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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/\" 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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/')\">\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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/\">\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=HSBC removes all limits on foreign purchases using debit cards&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/\">\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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/&title=HSBC removes all limits on foreign purchases using debit cards\">\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=HSBC+removes+all+limits+on+foreign+purchases+using+debit+cards+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fhsbc-removes-all-limits-on-foreign-purchases-using-debit-cards%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\/08\/07\/hsbc-removes-all-limits-on-foreign-purchases-using-debit-cards\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642150\" class=\"content-area-description single-story post-642150 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>HSBC Egypt <a href=\"https:\/\/www.hsbc.com.eg\/1\/2\/eg\/common\/hsbc-cards-overseas-usage-limits\">announced removing all caps<\/a> on foreign currency purchases abroad using debit cards as of 3 August. The bank also said its cash withdrawal limit has been increased to USD 1,000 per month.<\/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=\"642151\" 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=\"642151\">\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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/\">\r\n                            Labor Minister signs five raise agreements with private players including Nestle, Coca Cola, and Pepsi                        <\/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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/\" 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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/')\">\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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/\">\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=Labor Minister signs five raise agreements with private players including Nestle, Coca Cola, and Pepsi&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/\">\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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/&title=Labor Minister signs five raise agreements with private players including Nestle, Coca Cola, and Pepsi\">\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=Labor+Minister+signs+five+raise+agreements+with+private+players+including+Nestle%2C+Coca+Cola%2C+and+Pepsi+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Flabor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi%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\/08\/07\/labor-minister-signs-five-raise-agreements-with-private-players-including-nestle-coca-cola-and-pepsi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642151\" class=\"content-area-description single-story post-642151 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>Labor Minister Mohamed Saafan signed five agreements yesterday that will see the likes of Pepsi, Coca Cola, and Nestle pay their employees a 10% hardship raise of EGP 165-330 a month, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=06082017&id=529a560e-4c06-4480-a148-ea2277a09b60\">Al Shorouk reports<\/a>. The raise, which had been <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/06\/labor-minister-to-sign-seven-agreements-today-for-10-hardship-raise-for-private-sector-employees\/\">proposed last month<\/a> under a non-binding initiative between the government and the private sector, will be applied retroactively to July salaries to match the raise that was meant to be paid to state bureaucrats <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/21\/sisi-raises-food-subsidy-allowances-to-egp-50-from-egp-21-alongside-handful-of-social-safety-measures\/\">as of last month<\/a>. Speaking of which, delays in deploying the raise for public sector workers reportedly caused 5,000 workers at the Misr Spinning and Weaving Company in Mahalla to go on strike yesterday, <a href=\"http:\/\/www.almalnews.com\/Story\/342368\/19\/5-%D8%A2%D9%84%D8%A7%D9%81-%D8%B9%D8%A7%D9%85%D9%84-%D9%81%D9%8A-%D8%BA%D8%B2%D9%84-%D8%A7%D9%84%D9%85%D8%AD%D9%84%D8%A9-%D9%8A%D8%B9%D9%84%D9%86%D9%88%D9%86-%D8%A5%D8%B6%D8%B1%D8%A7%D8%A8%D8%A7-%D9%83%D9%84%D9%8A%D8%A7-%D8%B9%D9%86-%D8%A7%D9%84\">according to Al Mal<\/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\/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=\"642156\" 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=\"642156\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/\">\r\n                            Egypt to receive second German submarine in two days                        <\/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\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/\" 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\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/')\">\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\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to receive second German submarine in two days&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/\">\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\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/&title=Egypt to receive second German submarine in two days\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+receive+second+German+submarine+in+two+days+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F07%2Fegypt-to-receive-second-german-submarine-in-two-days%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\/08\/07\/egypt-to-receive-second-german-submarine-in-two-days\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642156\" class=\"content-area-description single-story post-642156 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian navy is receiving its second Type 209\/1400 submarine from ThyssenKrupp Marine Systems in two days\u2019 time, sources told <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1172926\">Al Masry Al Youm<\/a>. The first vessel was received in April and is part of a four-submarine <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/20\/navy-receives-thyssenkrupp-type-2091400-submarine\/\">agreement signed in 2011<\/a>. A crew had already received training on how to operate the submarine and the vessel is expected to take a 22-day trip to Egypt from Germany. The specs of the <a href=\"http:\/\/militaryedge.org\/armaments\/type-209\/\">submarine can be viewed here<\/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\/national-security\/\">national security<\/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=\"642158\" 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=\"642158\">\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\/08\/07\/tamer-hosni-to-set-his-prints-outside-las-chinese-theater\/\">\r\n                            Tamer Hosni to set his prints outside LA\u2019s Chinese Theater                        <\/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\/08\/07\/tamer-hosni-to-set-his-prints-outside-las-chinese-theater\/\" 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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Hosni will be the first Arab ever to set his prints next to those of greats such as Eddie Murphy, Meryl Streep, and Clark Gable. Hosni is also set to grace LA with a performance and a screening of his newest film. Better schedule those for after the setting of the prints lest the minds of the powers that be swayed.<\/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=\"642161\" 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=\"642161\">\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 MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/07\/642161\/\">\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\/08\/07\/642161\/\" 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\/08\/07\/642161\/')\">\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\/08\/07\/642161\/\">\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\/08\/07\/642161\/\">\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\/08\/07\/642161\/&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%2F08%2F07%2F642161%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\/08\/07\/642161\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642161\" class=\"content-area-description single-story post-642161 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.74 | Sell 17.84<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.75 | Sell 17.85<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.75 | Sell 17.85<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 13,558 (+1.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 680 mn (27% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +9.8%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 closed up 1.1% yesterday. CIB, the index\u2019s heaviest constituent, ended up 1.1%. The EGX30\u2019s top performing constituents were: Sidi Kerir Petrochemicals, up 5.5%; Heliopolis Housing, up 3.3%; and Amer Group, up 3.2%. Yesterday\u2019s worst performing stocks were Eastern, down 1.5%; Egyptian Financial and Industrial, down 1.5%; and Domty, down 1.4%. The market turnover was EGP 680 mn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP + 39 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP - 18.5 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP - 20.5 mn<\/p>\n<p><strong>Retail<\/strong>: 72% of total trades | 65.6% of buyers | 78.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 28% of total trades | 34.4% of buyers | 21.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 8.5% of total | 11.4% of buyers | 5.6% of sellers<br \/>\n <strong>Regional:<\/strong> 8.1% of total | 6.7% of buyers | 9.5% of sellers<br \/>\n <strong>Domestic:<\/strong> 83.4% of total | 81.9% of buyers | 84.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 49.58 (+1.12%)<br \/>\n <strong>Brent:<\/strong> USD 52.42 (+0.79%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.77 MMBtu, (-0.93%, Sept 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,264.6 \/ troy ounce (-0.77%)<\/p>\n<p><strong>TASI:<\/strong> 7,094.28 (+0.12%) (YTD: -1.61%)<br \/>\n <strong>ADX:<\/strong> 4,585.51 (-0.23%) (YTD: +0.86%)<br \/>\n <strong>DFM:<\/strong> 3,665.94 (-0.25%) (YTD: +3.83%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 413.08 (+0.09%) (YTD: +8.68%)<br \/>\n <strong>QE:<\/strong> 9,345.37 (-0.56%) (YTD: -10.46%)<br \/>\n <strong>MSM:<\/strong> 5,022.43 (-0.69%) (YTD: -13.15%)<br \/>\n <strong>BB: <\/strong>1,319.97 (-0.2%) (YTD: +8.15%)<\/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-markets-yesterday\/\">The markets 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=\"642162\" 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\/08\/07\/642162\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642162\" class=\"content-area-description single-story post-642162 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>17 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>31 August-04 September (Thursday-Monday): Eid Al-Adha, national holiday (TBC) as specified by the Astronomical and Geophysics Institute. The Thursday is the waqfat Arafat, with the first day of the Eid on Friday, 1 September.<\/p>\n<p>September \u2014 The House of Representatives is due to begin discussion of the proposed bankruptcy bill.<\/p>\n<p>06 September (Wednesday): The Emirates NBD Egypt PMI report for August released.<\/p>\n<p>06-09 September (Wednesday-Saturday): 2017 China-Arab States Expo (Egypt is the Guest of Honor), Ningxia, China.<\/p>\n<p>13 September (Wednesday): <a href=\"http:\/\/www.eib.org\/infocentre\/events\/all\/med-conference-2017.htm\">EIB MED Conference<\/a>: Boosting investments in the Mediterranean Region, Cairo.<\/p>\n<p>17-19 September (Sunday-Tuesday): Pipeline-Pipe-Sewer-Technology <a href=\"https:\/\/www.pipelinepipesewer.com\/\">Conference & Exhibition<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>18-19 September (Monday-Tuesday): <a href=\"http:\/\/www.euromoneyconferences.com\/egypt.html?PageID=206706&SeriesID=11\">Euromoney Egypt conference<\/a>, venue TBD, Cairo.<\/p>\n<p>20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<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>23-25 September (Saturday-Monday): <a href=\"http:\/\/investinafrica2017.com\/4.html\">Invest In Africa Conference and Exhibitors Summit<\/a>, Gala Theater Complex, Cairo.<\/p>\n<p>28 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/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>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 \u201cSmart Cities,\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>16 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/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":642112,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-642111","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a0df0013-85ca-448e-bc63-8d40ff3a5651","teaser":"","photo_url":"https:\/\/ent.news\/2017\/6\/1091.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>We have a new EGX boss and a new IMF mission head \u2014 and it\u2019s Sherif Samy\u2019s last day at EFSA. - 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\/we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"We have a new EGX boss and a new IMF mission head \u2014 and it\u2019s Sherif Samy\u2019s last day at EFSA.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T17:59:14+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2017\/6\/1091.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\/we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/we-have-a-new-egx-boss-and-a-new-imf-mission-head-and-its-sherif-samys-last-day-at-efsa\/\",\"name\":\"We have a new EGX boss and a new IMF mission head \u2014 and it\u2019s Sherif Samy\u2019s last day at EFSA. - 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