{"id":642347,"date":"2017-08-13T03:59:48","date_gmt":"2017-08-13T03:59:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=642347"},"modified":"2025-12-17T18:08:06","modified_gmt":"2025-12-17T18:08:06","slug":"inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect\/","title":{"rendered":"Inflation surges to 33% on subsidy cuts, VAT \u2014 and could continue to rise through September on pass-through effect"},"content":{"rendered":"<section id=\"642349\" 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=\"642349\">\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\/13\/what-were-tracking-on-13-august-2018\/\">\r\n                            What we\u2019re tracking on 13 August 2018                        <\/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\/13\/what-were-tracking-on-13-august-2018\/\" 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\/13\/what-were-tracking-on-13-august-2018\/')\">\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\/13\/what-were-tracking-on-13-august-2018\/\">\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 13 August 2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/what-were-tracking-on-13-august-2018\/\">\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\/13\/what-were-tracking-on-13-august-2018\/&title=What we\u2019re tracking on 13 August 2018\">\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+13+August+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fwhat-were-tracking-on-13-august-2018%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\/13\/what-were-tracking-on-13-august-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642349\" class=\"content-area-description single-story post-642349 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Please, God, let them lower interest rates.<\/strong> The central bank promised us that the 200 bps rate hike earlier this summer would be \u2018temporary.\u2019 Their first opportunity to prove this with a rate cut comes this Thursday, when its monetary policy committee is <a href=\"http:\/\/www.cbe.org.eg\/en\/MonetaryPolicy\/Pages\/MPCMeetingSchedule.aspx\">next scheduled to meet<\/a>.<\/p><p><strong>Where\u2019s the market to short humankind? <\/strong>\u201cIt\u2019s hard to price a potentially extinction event (at least for much of the Korean peninsula),\u201d Timothy Ash, a senior strategist at Bluebay Asset Management, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-10\/it-s-hard-to-price-an-extinction-event-like-a-north-korea-war?cmpid=BBD081017_MKT&amp;utm_medium=email&amp;utm_source=newsletter&amp;utm_term=170810&amp;utm_campaign=markets\">told Bloomberg<\/a> in commentary on why financial markets haven\u2019t really reacted much to the escalation in tensions between the US and North Korea. Templeton Emerging Markets Chairman Mark Mobius echoes a similar sentiment, saying \u201cthere\u2019s nothing you can do about it \u2014 if something breaks out, we\u2019re all finished anyway.\u201d US President Donald Trump <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/895970429734711298\">warned in a tweet<\/a> over the weekend that, \u201cMilitary solutions are now fully in place, locked and loaded, should North Korea act unwisely.\u201d The Donald then <a href=\"https:\/\/twitter.com\/PacificCommand\/status\/895835033038016512\">RT\u2019ed a tweet from US Pacific Command<\/a> echoing US forces in Korea\u2019s motto: \u201c#USAF B-1B Lancer #bombers on Guam stand ready to fulfill USFK\u2019s #FightTonight mission if called upon to do so.\u201d<\/p><p><strong>It seems likely to be a US-centric news week: <\/strong>Look for US movement this week on Chinese trade practices, where <a href=\"http:\/\/www.reuters.com\/article\/us-usa-trump-trade-china-idUSKBN1AS04O\">Trump will reportedly call on Monday for a probe<\/a> \u2014 or not, if the ChiComs help out with North Korea. The Donald is <a href=\"https:\/\/www.ft.com\/content\/cf1639f0-7ee7-11e7-9108-edda0bcbc928\">also picking a fight with Venezuela<\/a> and <a href=\"http:\/\/af.reuters.com\/article\/africaTech\/idAFL1N1KX19E\">sending his son-in-law to launch a fresh round of Palestinian-Israeli talks<\/a>.<\/p><p><strong>Maybe it\u2019s that summer is sliding to a close \u2014 or the prospect of nuclear apocalypse \u2014 <\/strong><strong>but we\u2019re feeling our age here at Enterprise. <\/strong>First, it was being told \u201c<a href=\"https:\/\/digiday.com\/marketing\/move-millennials-gen-z-agencies-rise\/\"><strong>Move over, millennials: Gen Z agencies are on the rise<\/strong><\/a>\u201d by ad agency and media bible Digiday \u2014 with all of the precious exceptionalism with which headlines once told Gen X\u2019ers they were \u2018over\u2019 because the millennials among us were here. Moving on up the age spectrum, we recently stumbled across this 2012 piece by <a href=\"http:\/\/heymarci.com\/\">author Marci Alboher<\/a> (subtly <a href=\"https:\/\/www.amazon.com\/Encore-Career-Handbook-Living-Difference-ebook\/dp\/B0091LQK2Q\/ref=tmm_kin_swatch_0?_encoding=UTF8&amp;qid=&amp;sr=\">pitching her book<\/a>) on <a href=\"http:\/\/www.nytimes.com\/2012\/12\/09\/jobs\/switching-careers-at-midlife-to-make-a-difference.html\"><strong>career changes in midlife to \u201cmake a difference.\u201d<\/strong><\/a> Then there\u2019s training for masters sports competitions in your 70s and beyond in \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/08\/11\/your-money\/senior-athletes-staying-in-shape.html\"><strong>She Just Won 3 Gold Medals for Her Swimming. She\u2019s Only 73.<\/strong><\/a>\u201d And to cap it all off? The cutest love story we can remember reading in forever from the New York Times\u2019 weddings column: \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/08\/11\/fashion\/weddings\/senior-citizen-older-couple-wedding.html\"><strong>She\u2019s 98. He\u2019s 94. They Met at the Gym.<\/strong><\/a>\u201d<\/p><p>It\u2019s going to be a more than a few years, we suspect, before we hit the same saturation point and this becomes relevant to Egypt, but Business Insider nevertheless has a good read in, \u201c<a href=\"http:\/\/www.businessinsider.com\/retail-apocalypse-coming-for-grocery-stores-2017-8\"><strong>The retail apocalypse is heading straight for Kroger, Whole Foods, and Aldi<\/strong>.<\/a>\u201d<\/p><p>Oh, and two pieces that were quite helpful to us this weekend: In a land of [redacted] internet, we got a bump from following some of the advice in Wired\u2019s \u201c<a href=\"https:\/\/www.wired.com\/story\/how-to-make-your-wifi-better-faster\/\"><strong>Easy ways to make your janky wi-fi faster and better<\/strong><\/a>.\u201d And Dave Zinczenko\u2019s outfit at Best Life echoes Men\u2019s Health during his iconic editorship with the very useful \u201c<a href=\"http:\/\/bestlifeonline.com\/extra-60-minutes\/\"><strong>60 Ways to Buy an Extra 60 Minutes Every Day<\/strong><\/a>,\u201d which is nowhere near as clickbaity as it sounds.<\/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=\"642350\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-tqfi56y\" data-v=\"4\" data-block-id=\"tqfi56y\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-tqfi56y-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-tqfi56y-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/what-were-tracking-this-week-137\/\" 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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-->\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\/13\/what-were-tracking-this-week-137\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fwhat-were-tracking-this-week-137%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\/13\/what-were-tracking-this-week-137\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642351\" class=\"content-area-description single-story post-642351 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>President Abdel Fattah El Sisi kicks off an Africa tour starting Monday, <\/strong><a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1175887\">according to Al Masry Al Youm<\/a>. El Sisi will stop in Tanzania, Rwanda, Gabon, and Chad. Trade and Industry Minister Tarek Kabil <a href=\"https:\/\/www.facebook.com\/mift.media\/photos\/a.456794574389349.1073741829.422439257824881\/1424645144270949\/?type=3&theater\">put out a statement<\/a> ahead of the trip saying exports to African countries in 2016 were worth USD 3.4 bn. Egypt also recently opened new trade representation in five African countries and a logistical center in Kenya, the statement adds.<\/p>\n<p><strong>Central bank governor Tarek Amer headed to the United States on Saturday<\/strong> as part of a foreign tour, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1564213.aspx\">says Ahram Gate<\/a>.<\/p>\n<p>The Ismail cabinet<a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/10\/on-the-horizon-173\/\">is expected to sign off<\/a> on the<strong> executive regulations to the Investment <\/strong><strong>Act<\/strong> when it meets on Wednesday. On a thematically related note: Also look for the Trade ministry\u2019s thoughts on some 4,000 opportunities for investment nationwide, due to be released sometime in September, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1175903\">Al Masry Al Youm<\/a>, citing unnamed ministry officials.<\/p>\n<p>The Supreme Judicial Council should be nominating its picks for the <strong>National Elections <\/strong><strong>Commission<\/strong> <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/10\/on-the-horizon-173\/\">sometime this week<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642352\" 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=\"642352\">\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\/13\/on-the-horizon-for-13-august-2017\/\">\r\n                            On the Horizon for 13 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\/13\/on-the-horizon-for-13-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\/13\/on-the-horizon-for-13-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\/13\/on-the-horizon-for-13-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=On the Horizon for 13 August 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/on-the-horizon-for-13-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\/13\/on-the-horizon-for-13-august-2017\/&title=On the Horizon for 13 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=On+the+Horizon+for+13+August+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fon-the-horizon-for-13-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\/13\/on-the-horizon-for-13-august-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642352\" class=\"content-area-description single-story post-642352 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>The Federation of Egyptian Banks is set to send the CBE its<a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/10\/what-were-tracking-on-10-august-2017\/\"><strong>comments on the <\/strong><strong>Central Bank and banking act<\/strong><\/a><strong> in the coming few weeks<\/strong>.<\/p>\n<p><strong>President Abdel Fatah El Sisi is due to visit <\/strong><a href=\"http:\/\/www.ahram.org.eg\/News\/202356\/27\/608450\/%D9%85%D8%B5%D8%B1\/%D8%A8%D8%AD%D8%AB-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%B9%D8%AF%D8%A7%D8%AF-%D9%84%D8%B2%D9%8A%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%B3%D9%8A%D8%B3%D9%89-%D9%84%D9%84%D8%B5%D9%8A%D9%86-%D8%A7%D9%84%D8%B4%D9%87%D8%B1-%D8%A7%D9%84%D9%85.aspx\"><strong>China next month<\/strong><\/a>. He will be meeting his Chinese counterpart Xi Jinping on the sidelines of a BRICs conference on emerging markets.<\/p>\n<p><strong>The Ismail cabinet will review the<\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/03\/universal-healthcare-act-to-cost-state-coffers-egp-130-bn-in-fy2017-18\/\"><strong>Universal Healthcare Act<\/strong><\/a><strong> by the end of the month<\/strong>, with an eye to moving it to the House for debate <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/03\/on-the-horizon-150\/\">by September<\/a>.<\/p>\n<p><strong>We\u2019re all off on a five-day long weekend <\/strong>in observance of Eid Al-Adha. Look for the country to shut down on Thursday, 31 August and go back to work on the morning of Tuesday, 5 September (TBC).<\/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=\"642353\" 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=\"642353\">\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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/\">\r\n                            Alex train disaster that claimed the lives of 43 tops last night\u2019s talk shows                        <\/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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/\" 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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/')\">\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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/\">\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=Alex train disaster that claimed the lives of 43 tops last night\u2019s talk shows&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/\">\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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/&title=Alex train disaster that claimed the lives of 43 tops last night\u2019s talk shows\">\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=Alex+train+disaster+that+claimed+the+lives+of+43+tops+last+night%E2%80%99s+talk+shows+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Falex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows%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\/13\/alex-train-disaster-that-claimed-the-lives-of-43-tops-last-nights-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642353\" class=\"content-area-description single-story post-642353 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> As we expected, <strong>the Friday train collision near Alexandria that claimed the lives of at least <\/strong><strong>42 people<\/strong> was front and center on the airwaves last night. On Masaa DMC, Health Ministry spokesperson Khaled Mogahed updated host Eman El Hosary on the human cost of the incident, which also injured 133 (<a href=\"https:\/\/www.youtube.com\/watch?v=G8fWtKGWGUM\">watch, runtime 4:32<\/a>).<\/p>\n<p><strong>It seems likely that human error was behind the accident, <\/strong>Transport Minister Hisham Arafat told El Hosary. He dismissed the possibility of a technical failure, saying preliminary results point to speeding and potential negligence as being involved. The train\u2019s equivalent of a \u2018black box\u2019 has been found, he said, so investigators should know more soon.<\/p>\n<p><strong>Work is being carried out to decrease the margin for human error<\/strong> by developing the railway network, Arafat also said. <strong>International firms including Thales<\/strong> have been working since the end of 2014 to set up an automated railway signaling system. The Cairo-Alexandria line should be complete by the end of 2018, he said (<a href=\"https:\/\/www.youtube.com\/watch?v=xMaYeLsBNOM\">watch, runtime 15:29<\/a>).<\/p>\n<p><strong>The World Bank is providing the c. EGP 2.5 bn needed for the development of the railway <\/strong><strong>system,<\/strong> Arafat also told Ten TV\u2019s Amr Abdel Hamid. He said as well that the sector needs private investors, whether local or foreign, to help with the upgrades. Arafat promised that safety and maintenance would be main priorities, with the aid of foreign partners (<a href=\"https:\/\/www.youtube.com\/watch?v=e_GyF5YtbBI\">watch, runtime 15:38<\/a>).<\/p>\n<p>Meanwhile <strong>on Hona Al Asema<\/strong>, host Dina Zahra (who\u2019s sitting in for Lamees Al Hadidi) was on about <strong>the disposition of state-owned land repossessed from squatters.<\/strong> The proposal currently being floated suggests that people wishing to reclaim land they had been using pay 25% of its value upfront and the balance over four installments, according to the spokesperson of the committee tasked with managing the issue, Ahmed Ayoub. The Justice Ministry found no legal obstacles, but the central bank has concerns on assurance. Another meeting will be held soon to finalize the issue (<a href=\"https:\/\/www.youtube.com\/watch?v=ncWBllwvO_4\">watch, runtime 7:30<\/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=\"642354\" 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=\"642354\">\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\/13\/inflation-rate-surges-to-33-in-july\/\">\r\n                            Inflation rate surges to 33% in July                        <\/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\/13\/inflation-rate-surges-to-33-in-july\/\" 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\/13\/inflation-rate-surges-to-33-in-july\/')\">\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\/13\/inflation-rate-surges-to-33-in-july\/\">\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=Inflation rate surges to 33% in July&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/inflation-rate-surges-to-33-in-july\/\">\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\/13\/inflation-rate-surges-to-33-in-july\/&title=Inflation rate surges to 33% in July\">\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=Inflation+rate+surges+to+33%25+in+July+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Finflation-rate-surges-to-33-in-july%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\/13\/inflation-rate-surges-to-33-in-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642354\" class=\"content-area-description single-story post-642354 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Inflation surges in July: <\/strong>The annual urban headline inflation rate increased to 33% in July from 29.8% in June with the m-o-m rate also rising to 3.2% from 0.8%, <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/08\/2017-07-CPI-CAPMAS.pdf\">according to CAPMAS<\/a>. The annual rate is the highest since the EGP float <a href=\"https:\/\/af.reuters.com\/article\/investingNews\/idAFKBN1AQ0KA-OZABS\">last November<\/a>. Core inflation also shot up to 35.26% on an annualised basis from 31.95% in June, <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFEONH870SB\">Reuters notes<\/a>.<\/p>\n<p><strong>Blame subsidy reform, VAT: <\/strong>The government had implemented new fuel and electricity price increases as well as increasing the value-added tax rate to 14% from 13% Pharos Holding head of research Radwa El Swaify <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-10\/egypt-urban-inflation-rate-surges-to-record-after-subsidy-cuts\">tells Bloomberg<\/a>.<\/p>\n<p><strong>It could get worse before it gets better: <\/strong>El Swaify believes inflation could rise to 36% in August and September \u201cbecause it takes about three months for the full pass-through of the subsidy cuts into the economy,\u201d but that the rates should see a significant drop in the annual rates starting November because of base effects. <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/08\/20170810-Monthly-Inflation-Jumped.pdf\">Tap here to read Pharos\u2019 Thursday research note on the topic (pdf)<\/a>, including breakdowns on contribution to inflation by category and of non-food items specifically.<\/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=\"642366\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642367\" 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=\"642367\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/alexandria-train-accident-tops-coverage-of-egypt-in-the-foreign-press\/\">\r\n                            Alexandria train accident tops coverage of Egypt in the foreign press                        <\/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\/13\/alexandria-train-accident-tops-coverage-of-egypt-in-the-foreign-press\/\" 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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Start with coverage from the <a href=\"https:\/\/www.nytimes.com\/2017\/08\/11\/world\/middleeast\/egypt-train-crash.html\">New York Times\u2019 Declan Walsh<\/a>. The incident has brought the spotlight back to Egypt\u2019s sordid history with train deadly accidents. Publications have also been running social media reactions and images of the train crash.<\/p>\n<p><strong>A gold appears to be behind the most recent flare up between Sudan and Egypt over the <\/strong><strong>Halayeb triangle<\/strong>, <a href=\"http:\/\/the-japan-news.com\/news\/article\/0003865877\">writes Keiichi Honma for Japan News<\/a>. He points to the announcement by the Sisi administration of the existence of 18 high quality gold mines as causing a sense of consternation in Khartoum over Egyptian moves to develop the area. It is unlikely that Sudan could hope to gain something from the dispute as it lacks the political capital or will to press Egypt hard enough on its claim, which it has maintained since independence in 1956, says Honma.<\/p>\n<p>Also worth noting in brief this morning:<\/p>\n<ul type=\"disc\">\n<li><a href=\"https:\/\/www.theguardian.com\/global-development\/2017\/aug\/11\/student-sex-scandal-egypt-population-problem\">The Guardian<\/a>\u2019s Ruth Michaelson writes about population control and <strong>[redacted] <\/strong><strong>education<\/strong> in Egypt<\/li>\n<li><strong>Support for former Bibliotheca Alexandrina head Ismail Serageldin<\/strong> from the scientific community is being <a href=\"http:\/\/www.sciencemag.org\/news\/2017\/08\/researchers-rally-around-science-advocate-convicted-egypt\">noted in Science Magazine<\/a>. <\/li>\n<li><strong>Colombian battalion attached to MFO in Sinai attacked by Daesh <\/strong>The troops are part of the Multinational Force and Observers and has apparently had frequent run-ins with militants, according to Colombian Army Maj. Alberto Jos\u00e9 Mej\u00eda Ferrero, <a href=\"http:\/\/www.colombiafocus.com\/colombian-military-in-egypt-attacked-by-the-islamic-state-isis\">Colombia Focus reports<\/a>.<\/li>\n<li><strong>Wilyat Sinai is looking to recruit from Gaza and other places. <\/strong>Alt-right outfit <a href=\"http:\/\/www.breitbart.com\/jerusalem\/2017\/08\/12\/islamic-state-sinai-increases-recruitment-efforts-gazan-jihadists\/\">Breitbart says it has<\/a> a Jihadi source with the scoop.<\/li>\n<li><strong>You don\u2019t have the luxury of being apolitical if you\u2019re a writer hailing from one of <\/strong><strong>this region\u2019s \u201cwounded\u201d democracies,<\/strong> \u201csuch as Turkey, Egypt or Pakistan,\u201d novelist Eli Shafak tells the <a href=\"https:\/\/www.ft.com\/content\/59577a8a-7bc2-11e7-ab01-a13271d1ee9c\">FT in an in-depth interview<\/a> (paywall). <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642369\" 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=\"642369\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/\">\r\n                            China's ceramic craftsmanship takes root in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li 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Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/&title=China's ceramic craftsmanship takes root in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=China%27s+ceramic+craftsmanship+takes+root+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fchinas-ceramic-craftsmanship-takes-root-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1254.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"642370\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/chinas-ceramic-craftsmanship-takes-root-in-egypt\/1254-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1254.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1254.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1254.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1254.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642369\" class=\"content-area-description single-story post-642369 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>A Chinese artist is working with Egyptians on a number of ceramic art projects at <\/strong><strong>a joint workshop<\/strong> promoting Chinese art among Egyptians as a powerful means of cultural exchange, <a href=\"http:\/\/news.xinhuanet.com\/english\/2017-08\/10\/c_136513525.htm\">Xinhua reports<\/a>. <a href=\"http:\/\/www.al-monitor.com\/pulse\/originals\/2017\/08\/egypt-china-hold-joint-clay-workshops.html\">Al-Monitor<\/a> also covered the workshop.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642371\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"642371\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/clamping-down-on-the-bureaucracy-should-be-top-priority-in-enforcing-the-investment-act\/\">\r\n                            Clamping down on the bureaucracy should be top priority in enforcing the Investment Act                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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least-discussed<\/strong>, and that\u2019s a series of provisions that outline how bureaucrats must cut red tape that stands in the way of investment, <a href=\"https:\/\/alborsanews.com\/2017\/08\/10\/1043217\">Medhat Nafei writes for Al Borsa<\/a>. Nafei calls for strict enforcement of rules that provide a system of checks and balance for regulators.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${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=\"642372\" 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=\"642372\">\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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/\">\r\n                            A confused suckerfish mistook this diver for a host                        <\/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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/\" 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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/')\">\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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/\">\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=A confused suckerfish mistook this diver for a host&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/\">\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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/&title=A confused suckerfish mistook this diver for a host\">\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=A+confused+suckerfish+mistook+this+diver+for+a+host+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fa-confused-suckerfish-mistook-this-diver-for-a-host%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\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/47.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"642373\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/a-confused-suckerfish-mistook-this-diver-for-a-host\/47-jpg-27\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/47.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"47.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/47.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/47.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642372\" class=\"content-area-description single-story post-642372 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>A confused suckerfish mistook this diver for a host: <\/strong>This scuba diver was gliding through the coral rich floors of the Red Sea just off the coast of Hurghada when a little remora fish \u2014 aka the suckerfish \u2014 mistook him for a shark and tried to hitch a ride, <a href=\"http:\/\/news.nationalgeographic.com\/2017\/08\/remora-scuba-diver-egypt-suction-cup-spd\/\">says National Geographic<\/a> (runtime 0:36) . You can see the suckerfish, which typically uses its suction cup-equipped flat head to lock onto a body of bigger fish to travel easier and feed on its scraps, trying so persistently and failing every time to lock itself onto the diver\u2019s wet suit. Not the sharpest tool in the shed, it\u2019s apparently not uncommon of the suckerfish to make that mistake. But, don\u2019t worry, they don\u2019t bite.<\/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=\"642374\" 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=\"642374\">\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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/\">\r\n                            Delegation from the Ministry of Trade and Industry to tour Arab countries                        <\/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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/\" 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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/')\">\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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/\">\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=Delegation from the Ministry of Trade and Industry to tour Arab countries&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/\">\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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/&title=Delegation from the Ministry of Trade and Industry to tour Arab countries\">\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=Delegation+from+the+Ministry+of+Trade+and+Industry+to+tour+Arab+countries+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fdelegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries%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\/13\/delegation-from-the-ministry-of-trade-and-industry-to-tour-arab-countries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642374\" class=\"content-area-description single-story post-642374 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Trade delegation looking to smooth things out with Arab countries after produce bans: <\/strong>Trade and Industry Minister Tarek Kabil said Saturday that a delegation from his ministry will be visiting several Arab nations mid-September to promote exports and Egyptian products, <a href=\"https:\/\/alborsanews.com\/2017\/08\/11\/1043644\">reports Al Borsa<\/a>.<\/p>\n<p><strong>It\u2019s looking to be another busy week for Foreign Minister Sameh Shoukry<\/strong>, who continues to spend time on the <strong>Qatar file<\/strong> and who this week will make a <strong>push on Libya<\/strong> during a visit to Cairo by UN envoy to Libya Ghassan Salama, according to <a href=\"http:\/\/gate.ahram.org.eg\/News\/1564430.aspx\">Ahram Gate<\/a>. The newly appointed diplomat follows Martin Kobler in the role and is the sixth envoy for Libya since things went south there in 2011.<\/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=\"642376\" 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=\"642376\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/\">\r\n                            AMOC waiting for EGPC\u2019s approval to begin condensate imports from Dana Gas                        <\/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\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/\" 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\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/')\">\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\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/\">\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=AMOC waiting for EGPC\u2019s approval to begin condensate imports from Dana Gas&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/\">\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\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/&title=AMOC waiting for EGPC\u2019s approval to begin condensate imports from Dana Gas\">\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=AMOC+waiting+for+EGPC%E2%80%99s+approval+to+begin+condensate+imports+from+Dana+Gas+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Famoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas%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\/13\/amoc-waiting-for-egpcs-approval-to-begin-condensate-imports-from-dana-gas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642376\" class=\"content-area-description single-story post-642376 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Alexandria Mineral Oils Company (AMOC) is waiting to receive for the EGPC\u2019s green light to begin import a monthly 1,300-1,500 barrels of condensates from the UAE\u2019s Dana Gas, AMOC CEO Amr Mostafa <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1175946\">tells AMAY<\/a>. AMOC expects to sign the final contracts with Dana this 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\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642377\" 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=\"642377\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/usd-400-mn-container-terminal-in-safaga-port\/\">\r\n                            USD 400 mn container terminal in Safaga port                        <\/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\/13\/usd-400-mn-container-terminal-in-safaga-port\/\" 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\/13\/usd-400-mn-container-terminal-in-safaga-port\/')\">\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\/13\/usd-400-mn-container-terminal-in-safaga-port\/\">\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=USD 400 mn container terminal in Safaga port&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/usd-400-mn-container-terminal-in-safaga-port\/\">\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\/13\/usd-400-mn-container-terminal-in-safaga-port\/&title=USD 400 mn container terminal in Safaga port\">\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=USD+400+mn+container+terminal+in+Safaga+port+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fusd-400-mn-container-terminal-in-safaga-port%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\/13\/usd-400-mn-container-terminal-in-safaga-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642377\" class=\"content-area-description single-story post-642377 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Red Sea Governorate plans to establish a USD 400 mn container terminal in Safaga port, governor Ahmed Abdullah said, <a href=\"http:\/\/www.almalnews.com\/Story\/342938\/58\/%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%85%D8%AD%D8%B7%D8%A9-%D8%AD%D8%A7%D9%88%D9%8A%D8%A7%D8%AA-%D9%81%D9%89-%D8%B3%D9%81%D8%A7%D8%AC%D8%A7-%D8%A8%D8%AA%D9%83%D9%84%D9%81%D8%A9-400-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\">according to Al Mal<\/a>. The 500k sqm terminal, which the Red Sea Port Authority will help build, will be used to supply projects in the Golden Triangle area. It is unclear whether this is will be part of or related to the USD 250 mn multi-purpose station, the tender for which was meant to be reissued, the Red Sea Port Authority <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/22\/red-sea-ports-authority-to-re-issue-tender-for-multi-purpose-station-in-safaga\/\">had said in May<\/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\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642379\" 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=\"642379\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-exports\/\">\r\n                            Saudi Arabia imposes five conditions on Egyptian vegetables and fruits 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\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-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\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-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\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-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=Saudi Arabia imposes five conditions on Egyptian vegetables and fruits exports&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-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\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-exports\/&title=Saudi Arabia imposes five conditions on Egyptian vegetables and fruits exports\">\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=Saudi+Arabia+imposes+five+conditions+on+Egyptian+vegetables+and+fruits+exports+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fsaudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-exports%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\/13\/saudi-arabia-imposes-five-conditions-on-egyptian-vegetables-and-fruits-exports\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642379\" class=\"content-area-description single-story post-642379 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>Saudi Arabia set five conditions for imports of Egyptian strawberries to resume, including health certificates for every shipment declaring it free of hepatitis C and an analysis of pesticides residues, <a href=\"http:\/\/www.almalnews.com\/Story\/342768\/14\/%D8%B4%D8%B1%D9%88%D8%B7-%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D9%84%D8%A7%D8%B3%D8%AA%D9%82%D8%A8%D8%A7%D9%84-%D8%A7%D9%84%D8%AD%D8%A7%D8%B5%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9\">Al Mal reports<\/a>. Egypt will also have to list companies subject to government control and send periodical reports about exporting companies\u2019 farming practices, including its irrigation techniques and use of fertilizers. Saudi Arabia also wants tighter control over pesticide usage. The conditions will apply to all fruits and vegetables shipments starting September, including currently-banned strawberries and peppers. The Agriculture Ministry had issued a <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/10\/agriculture-ministry-tightening-agricultural-export-regulations\/\">new set of regulations<\/a> to control agricultural exports.<\/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=\"642383\" 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=\"642383\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/\">\r\n                            Al Marasem inks JV MoU with consortium of doctors to establish medical complex in New Cairo                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Marasem inks JV MoU with consortium of doctors to establish medical complex in New Cairo&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/&title=Al Marasem inks JV MoU with consortium of doctors to establish medical complex in New Cairo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Marasem+inks+JV+MoU+with+consortium+of+doctors+to+establish+medical+complex+in+New+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fal-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/al-marasem-inks-jv-mou-with-consortium-of-doctors-to-establish-medical-complex-in-new-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642383\" class=\"content-area-description single-story post-642383 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Saudi Binladin Group subsidiary <a href=\"http:\/\/www.sbg-cairo.com\/\">Al Marasem International for Development<\/a> signed an MoU on Saturday with a consortium of doctors to establish a joint venture to oversee the completion of a new medical complex in New Cairo, <a href=\"https:\/\/alborsanews.com\/2017\/08\/12\/1043840\">Al Borsa reports<\/a>. Al Marasem will hold a controlling stake of 50% in the new company, with the other 50% distributed evenly between the five other partners, who are expected to invest around EGP 540-580 mn in the venture, sources said. Liquidity shortages had reportedly stalled the project.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642384\" 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=\"642384\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/careem-launches-services-in-canal-governorates\/\">\r\n                            Careem launches services in Canal governorates                        <\/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\/13\/careem-launches-services-in-canal-governorates\/\" 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\/13\/careem-launches-services-in-canal-governorates\/')\">\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\/13\/careem-launches-services-in-canal-governorates\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Careem launches services in Canal governorates&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/careem-launches-services-in-canal-governorates\/\">\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\/13\/careem-launches-services-in-canal-governorates\/&title=Careem launches services in Canal governorates\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Careem+launches+services+in+Canal+governorates+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fcareem-launches-services-in-canal-governorates%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\/13\/careem-launches-services-in-canal-governorates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642384\" class=\"content-area-description single-story post-642384 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Ride-hailing app Careem launched services in Suez, Port Said, and Ismailia, under a campaign dubbed \u201cCareem in Canal,\u201d the company said in a <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/08\/Careem-Careem-in-Canal-PRL-En.pdf\">press release<\/a>. This expands Careem\u2019s coverage network to 14 cities and c. 50,000 drivers.<\/p><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642385\" 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=\"642385\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/\">\r\n                            Foreign investors seeking exposure to Egypt could use ETFs or ADRs                        <\/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\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/\" 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\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/')\">\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\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/\">\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=Foreign investors seeking exposure to Egypt could use ETFs or ADRs&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/\">\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\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/&title=Foreign investors seeking exposure to Egypt could use ETFs or ADRs\">\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=Foreign+investors+seeking+exposure+to+Egypt+could+use+ETFs+or+ADRs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fforeign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs%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\/13\/foreign-investors-seeking-exposure-to-egypt-could-use-etfs-or-adrs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642385\" class=\"content-area-description single-story post-642385 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>Foreign investors seeking exposure to the Egyptian market could invest in \u201cETFs that offer diversification through investment in a single US security,\u201d <a href=\"https:\/\/fronteranews.com\/news\/mena\/the-etfs-and-adrs-providing-the-best-exposure-to-egypt\/\">Ridhi Khaitan writes for Frontera<\/a>. While those looking for direct exposure can \u201cconsider ADRs of Egyptian companies.\u201d The most popular ETF for US investors is the Market Vectors Egypt Index ETF with AUM of USD 57 mn, but Khaitan also mentions the WisdomTree Middle East Dividend Fund and the VanEck Vectors Africa Index ETF. ADRs available for investors include CIB, GB Auto, and Lecico.<\/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=\"642389\" 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=\"642389\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/\">\r\n                            Egyptian startup helps photographers manage content and increase exposure                        <\/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\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/\" 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\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/')\">\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\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian startup helps photographers manage content and increase exposure&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/\">\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\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/&title=Egyptian startup helps photographers manage content and increase exposure\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+startup+helps+photographers+manage+content+and+increase+exposure+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fegyptian-startup-helps-photographers-manage-content-and-increase-exposure%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\/13\/egyptian-startup-helps-photographers-manage-content-and-increase-exposure\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642389\" class=\"content-area-description single-story post-642389 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian startup <a href=\"https:\/\/www.mosawer.net\/\">Mosawer<\/a> launched what is claims to be the region\u2019s first platform for photographers and videographers to manage workflow and increase their exposure, <a href=\"http:\/\/disrupt-africa.com\/2017\/08\/egypts-mosawer-launches-online-photography-platform\/\">Tom Jackson reviews for Disrupt Africa<\/a>. Mosawer allows photographers to \u201cshowcase their work, add rates and packages, manage their schedules, accept bookings and receive payments.\u201d CEO Mohab El Mandouh says \u201cour platform is open for photographers and clients from all over the MENA region, having said that we\u2019re currently focusing our marketing efforts on Egypt until we secure an investment that will allow us to further grow regionally.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642391\" 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=\"642391\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/\">\r\n                            Council of State judge Yehia El Dakroury appeals presidential decision to bypass him                        <\/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\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/\" 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\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/')\">\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\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/\">\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=Council of State judge Yehia El Dakroury appeals presidential decision to bypass him&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/\">\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\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/&title=Council of State judge Yehia El Dakroury appeals presidential decision to bypass him\">\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=Council+of+State+judge+Yehia+El+Dakroury+appeals+presidential+decision+to+bypass+him+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Fcouncil-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him%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\/13\/council-of-state-judge-yehia-el-dakroury-appeals-presidential-decision-to-bypass-him\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642391\" class=\"content-area-description single-story post-642391 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>Egyptian Council of State (Maglis El Dawla) judge Yehia El Dakroury has filed a formal appeal against the presidential decree that bypassed him as head of the Maglis, <a href=\"http:\/\/www.almalnews.com\/Story\/342825\/19\/-%D8%AF%D9%83%D8%B1%D9%88%D8%B1%D9%8A-%D9%8A%D8%B7%D8%B9%D9%86-%D8%B1%D8%B3%D9%85%D9%8A%D9%91%D9%8B%D8%A7-%D8%B9%D9%84%D9%89-%D8%AA%D8%AE%D8%B7%D9%8A%D9%87-%D9%81%D9%8A-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A9\">Al Mal reports<\/a>. President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/20\/el-sisi-defies-judges-picks-head-of-maglis-al-dawla\/\">had appointed<\/a> Ahmed Aboul Azm as head of the judicial body, despite El Dakroury being the only nominee for the post. The judges had presented one instead of three nominees for the job <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/14\/maglis-al-dawla-presents-one-nominee-to-be-its-head-violating-judicial-authorities-act\/\">to protest<\/a> the controversial Judicial Authorities Act.<\/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=\"642394\" 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=\"642394\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/amr-diab-is-the-top-arab-celebrity-according-to-forbes-middle-east\/\">\r\n                            Amr Diab is the top Arab celebrity, according to Forbes 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\/13\/amr-diab-is-the-top-arab-celebrity-according-to-forbes-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\/13\/amr-diab-is-the-top-arab-celebrity-according-to-forbes-middle-east\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/amr-diab-is-the-top-arab-celebrity-according-to-forbes-middle-east\/&title=Amr Diab is the top Arab celebrity, according to Forbes 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=Amr+Diab+is+the+top+Arab+celebrity%2C+according+to+Forbes+Middle+East+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F13%2Famr-diab-is-the-top-arab-celebrity-according-to-forbes-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\/13\/amr-diab-is-the-top-arab-celebrity-according-to-forbes-middle-east\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642394\" class=\"content-area-description single-story post-642394 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Forbes Middle East compiled its first ever list of the <\/strong><a href=\"https:\/\/www.forbesmiddleeast.com\/en\/list\/top-100-arab-celebrities\/\"><strong>Top 100 Arab Celebrities<\/strong><\/a>, \u201clooking at the popularity and influence of actors, singers and TV personalities from across the region.\u201d Amr Diab tops the list, followed by Nancy Ajram. 46 Egyptians in total made the list.<\/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=\"642396\" 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=\"642396\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/13\/642396\/\">\r\n                                                    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              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%2F13%2F642396%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\/13\/642396\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642396\" class=\"content-area-description single-story post-642396 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.74 | 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> (Thursday): 13,462 (-0.9%)<br \/>\n <strong>Turnover:<\/strong> EGP 695 mn (25% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +9.1%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session down 0.9%. CIB, the index heaviest constituent closed down 1.4%. EGX30\u2019s top performing constituents were: Abu Dhabi Islamic Bank up 4.7%; Telecom Egypt up 1.5%; and Sidi Kerir Petrochemicals up 0.4%. Today\u2019s worst performing stocks were: Egyptian Financial and Industrial down 2.6%; Madinet Nasr Housing down 1.7%; and Cairo Oils and Soap down 1.5%. The market turnover was EGP 695 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP - 17 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP - 2 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP + 19 mn<\/p>\n<p><strong>Retail<\/strong>: 72.3% of total trades | 76.7% of buyers | 67.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 27.7% of total trades | 23.3% of buyers | 32.2% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 12.2% of total | 10.9% of buyers | 13.4% of sellers<br \/>\n <strong>Regional:<\/strong> 8.1% of total | 8.0% of buyers | 8.2% of sellers<br \/>\n <strong>Domestic:<\/strong> 79.7% of total | 81.1% of buyers | 78.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 48.82 (+0.47%)<br \/>\n <strong>Brent:<\/strong> USD 52.1 (0.39%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.98 MMBtu, (-0.07%, September 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,294 \/ troy ounce (+0.3%)<\/p>\n<p><strong>TASI:<\/strong> 7,164.64 (+0.16%) (YTD: -0.64%)<br \/>\n <strong>ADX:<\/strong> 4,550.93 (-0.12%) (YTD: +0.1%)<br \/>\n <strong>DFM:<\/strong> 3,647.33 (+0.12%) (YTD: +3.3%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 419.95 (+0.48%) (YTD: +10.49%)<br \/>\n <strong>QE:<\/strong> 9,242.82 (-0.69%) (YTD: -11.44%)<br \/>\n <strong>MSM:<\/strong> 4,991.51 (-0.06%) (YTD: -13.68%)<br \/>\n <strong>BB: <\/strong>1,324.28 (+0.06%) (YTD: +8.51%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-market-yesterday\/\">The Market Yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642397\" 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\/13\/642397\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642397\" class=\"content-area-description single-story post-642397 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>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>19 September (Tuesday): Deadline for applications for funding under the <a href=\"https:\/\/www.britishcouncil.org\/education\/science\/current-opportunities\/newton-institutional-links-july-2017\">Newton Institutional Links<\/a> programme.<\/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>22-24 September (Friday-Sunday): <a href=\"https:\/\/www.facebook.com\/CairoComix\/\">CairoComix Festival<\/a>, AUC Tahrir Campus, Cairo.<\/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":642348,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-642347","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"52623ab6-d7fb-4431-8c13-9dead6ff7a28","teaser":"","photo_url":"https:\/\/ent.news\/2023\/3\/338.jpeg"},"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>Inflation surges to 33% on subsidy cuts, VAT \u2014 and could continue to rise through September on pass-through effect - 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\/inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Inflation surges to 33% on subsidy cuts, VAT \u2014 and could continue to rise through September on pass-through effect\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T18:08:06+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/338.jpeg?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\/inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-surges-to-33-on-subsidy-cuts-vat-and-could-continue-to-rise-through-september-on-pass-through-effect\/\",\"name\":\"Inflation surges to 33% on subsidy cuts, VAT \u2014 and could continue to rise through September on pass-through effect - 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