{"id":642881,"date":"2017-08-24T04:07:37","date_gmt":"2017-08-24T04:07:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=642881"},"modified":"2025-12-17T18:27:27","modified_gmt":"2025-12-17T18:27:27","slug":"is-this-guy-the-reason-the-donald-is-holding-back-aid-to-egypt","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/is-this-guy-the-reason-the-donald-is-holding-back-aid-to-egypt\/","title":{"rendered":"Is this guy the reason The Donald is holding back aid to Egypt?"},"content":{"rendered":"<section id=\"642883\" 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=\"642883\">\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\/24\/what-were-tracking-on-24-august-2017\/\">\r\n                            What we\u2019re tracking on 24 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\/24\/what-were-tracking-on-24-august-2017\/\" target=\"_blank\">\n                    Open in new tab                    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data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/what-were-tracking-on-24-august-2017\/1086-jpg-6\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1086.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1086.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1086.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/1086.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642883\" class=\"content-area-description single-story post-642883 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>There is only one story that matters in Egypt this morning: The rough landing accorded <\/strong><strong>White House envoy Jared Kushner in Cairo yesterday. <\/strong>Trump\u2019s son-in-law landed in Egypt just hours after word leaked to the press that the US is withholding some USD 290 mn in aid to Egypt. The Foreign Ministry, which was to meet the delegation to discuss prospects for peace between the Israelis and the Palestinians, said in a statement, \u201c<strong>Egypt sees this measure as reflecting poor judgment of the strategic relationship that ties the two countries over long decades<\/strong> and as adopting a view that lacks an accurate understanding of the importance of supporting Egypt\u2019s stability.\u201d Kushner met with President Abdel Fattah El Sisi and then later touched based with Foreign Minister Sameh Shoukry.<\/p><p><strong>The order to hold back aid to Egypt came from the very top. <\/strong>The decision was approved by President Donald Trump and is being pushed through by Secretary of State Rex Tillerson, who US media say called Shoukry on Tuesday to tell him of the decision.<\/p><p><strong>Is this all because of North Korea? <\/strong>The aid decision took both policy makers in Cairo and foreign analysts by surprise, particularly in view of the warm rapport between Trump and El Sisi. With the Trump administration having paid only lip service to human rights issues \u2014 other than having rather \u201cactively\u201d spirited Aya Hijazi out of Egypt \u2014 the New York Times kicked off speculation that this is part of a bid to pressure Egypt to cut ties with the DPRK. It\u2019s a notion that rings fairly true to us. We have full coverage this morning in Speed Round, below.<\/p><p><strong>More platitudes from the UK on restoring flights to Sharm, but at least the head of ICAO likes us: <\/strong>Britain\u2019s ambassador to Egypt John Casson offered more of the on restoring flights to Sharm El Sheikh at a dinner with the press on Wednesday. Progress was made in talks between Egyptian and British officials on the issue, Casson said, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1181251\">according to AMAY<\/a>. When will the birds fly? Somewhere between \u201cfollowing Brexit\u201d and \u201con the third blue moon from Tuesday.\u201d (Quotes ours, not Mr. Casson\u2019s.) Meanwhile, International Civil Aviation Organization (ICAO) boss Bernard Eliot lauded Sharm El Sheikh as an attractive destination for global tourism while touring the city, <a href=\"http:\/\/www.egyptindependent.com\/global-tourism-to-rise-up-in-sahrm-al-sheikh-icao\/\">Al Masry Al Youm reports<\/a>. Eliot is in town to attend a civil aviation security conference, which wraps up today.<\/p><p><strong>Samsung\u2019s Note 8 launches: <\/strong>Despite being iSheep, we\u2019re excited about the release this week of <a href=\"https:\/\/www.android.com\/versions\/oreo-8-0\/\">Android Oreo<\/a> and of prospects for the upcoming <a href=\"http:\/\/bgr.com\/2017\/08\/22\/google-pixel-2-release-date-near-bisto\/\">Google Pixel 2<\/a>. Heck, even the idea that Google could be working on an AirPods clone is cool. But we\u2019re finding it harder to get excited about yesterday\u2019s unveiling of the <a href=\"http:\/\/www.samsung.com\/global\/galaxy\/galaxy-note8\/\">Samsung Galaxy Note 8<\/a> other than to hope it doesn\u2019t explode in anyone\u2019s pants pocket this year. Still, it looks like a beast of a device (spec-wise) and Samsung has in recent years killed it in the screen and camera departments. Better yet, it has blessedly toned-down its TouchWiz nonsense. <a href=\"https:\/\/www.wsj.com\/articles\/galaxy-note-8-first-look-after-battery-fires-samsungs-big-phone-is-back-1503500401\">The WSJ\u2019s Geoffrey Fowler has a nice look<\/a>.<\/p><p><strong>Finally, the Financial Times has advice from entrepreneurs and CEOs for other<\/strong><strong>entrepreneurs and CEOs<\/strong> on <a href=\"https:\/\/www.ft.com\/content\/9c597bc6-829d-11e7-94e2-c5b903247afd\">how to re-enter the world of work after your summer vacation<\/a>. If you\u2019re reading this morning from Sahel, bookmark this to read the day before your break ends, whether that\u2019s this coming Saturday or on the last day of the upcoming Eid break.<\/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=\"642885\" 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\" 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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/on-the-horizon-175\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642886\" class=\"content-area-description single-story post-642886 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>We\u2019re officially looking at a five-day weekend next week:<\/strong> The Ismail cabinet announced that the Eid Al Adha holiday will be from Thursday till Monday, according to <a href=\"http:\/\/gate.ahram.org.eg\/News\/1570787.aspx\">Ahram Gate<\/a>, <strong>meaning we are back to work on Tuesday, 5 September<\/strong>.<\/p>\n<p><strong>The Council of State (Maglis Al Dawla) is set to begin <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/21\/on-the-horizon-179\/\"><strong>reviewing the executive <\/strong><strong>regulations to the Investment Act<\/strong><\/a><strong> in September<\/strong>, after the <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/20\/cabinet-approves-investment-act-executive-regulations\/\">cabinet signed off<\/a> on them last week.<\/p>\n<p><strong>Cabinet should begin discussing the Universal Healthcare Act before 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>end of the <\/strong><strong>month<\/strong><\/a> and send it to the House of Representatives when it reconvenes <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/03\/on-the-horizon-150\/\">in September<\/a>. Prime Minister Sherif Ismail met with the ministers of health and finance <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/21\/on-the-horizon-179\/\">Sunday to review<\/a> the latest draft.<\/p>\n<p><strong>Did Egypt\u2019s freetrade agreement with Mercosur countries come into effect?<\/strong> We <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/24\/on-the-horizon-163\/\">noted in late July<\/a> it was set to go into force in a month\u2019s time.<\/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=\"642887\" 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=\"642887\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/us-aid-cut-dominates-the-airwaves\/\">\r\n                            US aid cut dominates the airwaves.                        <\/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\/24\/us-aid-cut-dominates-the-airwaves\/\" 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\/24\/us-aid-cut-dominates-the-airwaves\/')\">\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\/24\/us-aid-cut-dominates-the-airwaves\/\">\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=US aid cut dominates the airwaves.&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/us-aid-cut-dominates-the-airwaves\/\">\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\/24\/us-aid-cut-dominates-the-airwaves\/&title=US aid cut dominates the airwaves.\">\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=US+aid+cut+dominates+the+airwaves.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fus-aid-cut-dominates-the-airwaves%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\/24\/us-aid-cut-dominates-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642887\" class=\"content-area-description single-story post-642887 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Trump administration\u2019s decision to withhold some aid to Egypt is \u201ccontradictory\u201d to<\/strong><strong>the \u201cstrategic and vital\u201d nature of the two countries\u2019 ties,<\/strong> Foreign Ministry spokesman Ahmed Abu Zeid told Hona Al Asema\u2019s Lama Gebril, who\u2019s filling for Lamees Al Hadidi. Abu Zeid also attributed the decision to pressure from American civil society and media, downplaying Foreign Minister Sameh Shoukry\u2019s initial reaction to cancel a scheduled meeting with White House envoy Jared Kushner. He said Shoukry\u2019s schedule is revised several times each day (<a href=\"https:\/\/www.youtube.com\/watch?v=LproChmtEjM\">watch, runtime 6:54<\/a>).<\/p>\n<p>Meanwhile on Masaa DMC, host Osama Kamal and <strong>Trade and Industry Minister Tarek Kabil<\/strong><strong>had a chat about the newly-issued Industrial Permits Act<\/strong>. The minister talked mostly about the law assisting in the growth of industry by cutting down the timeframe for acquiring permits. The previous 600-day average had fueled the country\u2019s informal economy, he said (<a href=\"https:\/\/www.youtube.com\/watch?v=l4NCA-0tmvc\">watch, runtime 9:28<\/a>).<\/p>\n<p><strong>Kamal then dove into <\/strong><a href=\"https:\/\/www.caterwings.co.uk\/caterers\/2017-meat-price-index-usd\/\"><strong>Caterwings\u2019 2017 Meat Price Index<\/strong><\/a>, which <a href=\"https:\/\/enterprise.press\/stories\/2017\/08\/23\/what-were-tracking-on-23-august-2017\/\">we said yesterday<\/a> ranks Egypt as the fifth-cheapest country in the world to purchase meat. This is likely due to the Armed Forces jumping in \u201cfill the market gap,\u201d Federation of Egyptian Chambers of Commerce butcher\u2019s division deputy Haitham Abdel Baset told Kamal (<a href=\"https:\/\/www.youtube.com\/watch?v=e_9V8owcN0A\">watch, runtime 4:22<\/a>).<\/p>\n<p><strong>Over on Yahduth fi Misr,<\/strong> Sherif Amer and political analyst Mostafa El Fekki picked up where they last left off on the prospects of extending the president\u2019s term in office to six years from four. Their discussion came as \u201cthe Higher Council for Judges announced that members of the National Election Commission that will be responsible for supervising Egypt's 2018 presidential election had been selected,\u201d according to <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/275880\/Egypt\/Politics-\/Preparations-for-Egypts-next-presidential-election.aspx\">Ahram Online<\/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=\"642888\" 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=\"642888\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/strained-ties-with-the-us-following-aid-cuts\/\">\r\n                            Strained ties with the US following aid cuts?                        <\/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\/24\/strained-ties-with-the-us-following-aid-cuts\/\" 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\/24\/strained-ties-with-the-us-following-aid-cuts\/')\">\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\/24\/strained-ties-with-the-us-following-aid-cuts\/\">\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=Strained ties with the US following aid cuts?&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/strained-ties-with-the-us-following-aid-cuts\/\">\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\/24\/strained-ties-with-the-us-following-aid-cuts\/&title=Strained ties with the US following aid cuts?\">\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=Strained+ties+with+the+US+following+aid+cuts%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fstrained-ties-with-the-us-following-aid-cuts%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\/24\/strained-ties-with-the-us-following-aid-cuts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642888\" class=\"content-area-description single-story post-642888 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 id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>Strained ties with the US following aid cuts?<\/strong> White House envoy Jared Kushner\u2019s Middle East tour hit a speed bump when he <a href=\"https:\/\/apnews.com\/83b00119050b4a8eaa1dddbc2875c56d\/Trump-adviser-Kushner-in-Cairo-for-talks-on-Mideast-peace\">landed in Cairo yesterday<\/a> after the US State Department let slip it was cutting or withholding some USD 290 mn in aid to Egypt. The Foreign Affairs Ministry was initially reported to have <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFC6N1J202N\">canceled planned meetings<\/a> with the delegation (which is touring the region to jump-start Palestinian-Israeli peace talks), but the meeting went ahead, as did a sit-down with President Abdel Fattah El Sisi. Also part of the delegation are international negotiations chief Jason Greenblatt and deputy national security adviser Dina Powell.<\/p>\n<p><strong>The move to deny USD 95.7 mn in aid and delay a further USD 195 mn \u201cmay have a <\/strong><strong>negative impact on common interests,\u201d the Foreign Ministry says.<\/strong> <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1650859731652633\">The Ministry\u2019s statement<\/a> added that \u201cEgypt sees this measure as reflecting poor judgement of the strategic relationship that ties the two countries over long decades and as adopting a view that lacks an accurate understanding of the importance of supporting Egypt's stability,\u201d <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFC6N1J202M\">according to Reuters<\/a>. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-08-23\/egypt-slams-u-s-for-withholding-aid-on-human-rights-concerns\">Bloomberg\u2019s Tarek El Tablawy<\/a> writes that \u201cthe funding penalty again thrusts Egypt\u2019s human rights record under an unforgiving spotlight at a time when the country is working to revive its economy and attract foreign investment. Although Trump has praised Egypt for battling Islamists, rights groups say the crackdown has been extended to encompass all government opponents, leaving no room for political dissent. The NGOs Act \u2014 which has received criticisms from Republican senators \u2014 <a href=\"https:\/\/www.nytimes.com\/aponline\/2017\/08\/23\/world\/middleeast\/ap-ml-egypt-us-.html\">is being widely touted<\/a> as one of the major reasons for freezing aid.<\/p>\n<p><strong>Is this really about human rights and democracy \u2014 or our ties to North Korea?<\/strong> <a href=\"https:\/\/www.nytimes.com\/2017\/08\/22\/us\/politics\/us-aid-egypt-human-rights-north-korea.html\">Writing for the New York Times<\/a>, Gardiner Harris and Cairo bureau chief Declan Walsh convincingly suggest that the Trump administration is using the aid as leverage to push Egypt to break its civilian and military ties with North Korea. \u201cSecretary of State Rex W. Tillerson\u2019s top priority has been to increase North Korea\u2019s economic and diplomatic isolation, and he has asked foreign leaders in almost every meeting that they cut ties with Pyongyang.\u201d Egypt and North Korea have cooperated on the military front since the 1970s, and the UN alleged in 2015 that North Korea has smuggled weapons through Egyptian ports. Naguib Sawiris and OTMT\u2019s role in setting up the country\u2019s cell phone network was cited example of civilian cooperation between both countries.<\/p>\n<p><strong>Trump actually raised his concerns about North Korea with El Sisi in a call last month<\/strong>. According to a <a href=\"https:\/\/www.whitehouse.gov\/the-press-office\/2017\/07\/05\/readout-president-donald-j-trumps-call-president-abdel-fattah-al-sisi\">readout of the 5 July call released by the White House<\/a>: \u201cThe two presidents also discussed the threat from North Korea. President Trump stressed the need for all countries to fully implement U.N. Security Council resolutions on North Korea, stop hosting North Korean guest workers, and stop providing economic or military benefits to North Korea.\u201d<\/p>\n<p><strong>The Foreign Ministry did reverse what the foreign press is calling \u201cthe snub.\u201d<\/strong> Foreign Minister Sameh Shoukry later sat in on Kushner\u2019s face-to-face with President Abdel Fattah El Sisi, which according to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/photos\/a.153526355166753.1073741828.153405978512124\/263884920797562\/?type=3&theater\">official statements from Ittihadiya<\/a> was focused squarely on the Middle East peace talks. The delegation expressed \u201ctheir appreciation of Egypt\u2019s efforts in the fight against terrorism and extremism, as well as its historical role in supporting a comprehensive settlement of the Palestinian issue.\u201d The Americans then sat down with Shoukry separately at the Foreign Ministry, where the he reportedly outlined Egypt\u2019s views on the state of affairs on the ground in Israel, the West Bank, and Gaza, <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1651207534951186\">said foreign ministry spokesperson Ahmed Abou Zaid<\/a>. Neither statements touched upon the aid issue.<\/p>\n<p><strong>The decision is unlikely to have great impact on Egypt\u2019s economy or foreign investors\u2019 <\/strong><strong>renewed appetite for all things Egyptian<\/strong>, AmCham Executive Vice President Ahmed Abou Ali tells <a href=\"https:\/\/dailynewsegypt.com\/2017\/08\/23\/egypts-economy-will-not-get-affected-us-aid-cut-amcham\/\">Daily News Egypt<\/a>. AmCham plans to hold a board meeting next week to discuss ties between the two countries.<\/p>\n<p><strong>Valiant members of our House of Representatives are volunteering to make the onerous<\/strong><strong>trip to the mosquito-infested swamp that is Washington, DC<\/strong>, to help dispel misconceptions about Egypt\u2019s human rights record, <a href=\"http:\/\/almalnews.com\/Story\/343926\/19\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B1%D9%81%D8%B6-%D9%85%D8%AD%D8%A7%D9%88%D9%84%D8%A7%D8%AA-%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D8%A7-%D9%84%D8%A5%D8%AE%D8%B6%D8%A7%D8%B9%D9%87%D8%A7-%D8%B9%D8%A8%D8%B1-%D9%81%D8%B2%D9%91%D8%A7%D8%B9%D8%A9-%D8%AD%D9%82%D9%88%D9%82-%D8%A7\">reports Al Mal<\/a>. The announcement had caused an uproar within the halls of parliament, where MPs are viewing it as another attempt to put pressure on Egypt, just as the Obama administration had done. The sacrifices our elected representative are willing to make in defense of our democracy are simply breathtaking.<\/p>\n<p><strong>The reversal of the Trump administration\u2019s stance on human rights in Egypt \u2014 which <\/strong><strong>dominates the conversation on Egypt in the foreign press<\/strong> \u2014 has been confusing pundits across the globe, generating wide speculation on the behind-the-scenes purpose of the move. <a href=\"http:\/\/foreignpolicy.com\/2017\/08\/23\/in-policy-reversal-u-s-withholds-aid-to-egypt-trump-sisi\/\">Foreign Policy\u2019s Emily Tamkin<\/a> believes that the administration had been paying attention to testimony by regional experts, including Michelle Dunne, before the a subcommittee of the Senate Appropriations Committee. <a href=\"http:\/\/www.slate.com\/blogs\/the_slatest\/2017\/08\/23\/trump_administration_suspends_aid_to_egypt_in_unexpected_move.html\">Slate is even suggesting<\/a> that this might be a genuine reversal on making human rights a lower priority. \u201cIt\u2019s encouraging that the State Department is acknowledging the deteriorating state of human rights in Egypt and the grave implications for stability in the Middle East,\u201d Amnesty International\u2019s Advocacy Director Adotei Akwei said in a <a href=\"https:\/\/www.amnestyusa.org\/press-releases\/amnesty-international-reacts-to-u-s-withholding-military-aid-to-egypt\/\">Wednesday statement<\/a>. \u201cTo effectively make human rights a priority, these transfers [of military aid] must be suspended immediately.\u201d<\/p>\n<p><strong>No mentions of the Qatar rift:<\/strong> Kushner\u2019s visit follows meetings with leaders from UAE, Qatar, Saudi Arabia, and Jordan, and based on statements from the <a href=\"http:\/\/www.spa.gov.sa\/viewstory.php?lang=en&newsid=1659080\">Saudi Press Agency<\/a> and<a href=\"https:\/\/af.reuters.com\/article\/worldNews\/idAFKCN1B30NO\">Qatar News Agency<\/a>, Palestine-Israeli peace talks was all that was discussed. Neither statements mentioned the diplomatic rift with Qatar. Kushner will be in Israel today.<\/p>\n<p><strong>This story will have legs in the international press for another cycle or two<\/strong> \u2014 we don\u2019t think it is stretching things to say it\u2019s the dominant foreign policy story globally this morning. Depending on your reading preferences, see coverage in the <a href=\"https:\/\/www.wsj.com\/articles\/egypt-criticizes-trump-administration-aid-cutbacks-1503509341\">Wall Street Journal<\/a>, <a href=\"https:\/\/www.ft.com\/content\/b134bdda-8824-11e7-8bb1-5ba57d47eff7\">Financial Times<\/a>, <a href=\"http:\/\/www.politico.com\/story\/2017\/08\/23\/jared-kushner-cairo-egypt-visit-241937\">Politico<\/a>, the New York Times (<a href=\"https:\/\/www.nytimes.com\/2017\/08\/22\/us\/politics\/us-aid-egypt-human-rights-north-korea.html\">here<\/a> and <a href=\"https:\/\/www.nytimes.com\/2017\/08\/23\/world\/middleeast\/as-trumps-peacemaker-kushner-finds-common-ground-and-complications-in-middle-east-trip.html\">here<\/a>), <a href=\"https:\/\/www.washingtonpost.com\/world\/national-security\/us-holds-up-military-aid-to-egypt-over-human-rights-concerns\/2017\/08\/22\/5805ff28-11cf-437c-8ede-5033e7b03ade_story.html?utm_term=.45e72b519a62\">Washington Post<\/a> (plus a <a href=\"https:\/\/www.washingtonpost.com\/opinions\/global-opinions\/trump-has-sent-the-right-signal-to-egypt-but-theres-more-he-needs-to-do\/2017\/08\/23\/3609eadc-8102-11e7-902a-2a9f2d808496_story.html?utm_term=.98ac9691a915\"><strong>gloating editorial egging Trump on to give us another slap<\/strong><\/a>), <a href=\"http:\/\/www.slate.com\/blogs\/the_slatest\/2017\/08\/23\/trump_administration_suspends_aid_to_egypt_in_unexpected_move.html\">Slate<\/a>, <a href=\"http:\/\/edition.cnn.com\/2017\/08\/22\/politics\/us-egypt-aid-denied-democracy\/index.html\">CNN<\/a>, <a href=\"https:\/\/www.theguardian.com\/world\/2017\/aug\/23\/jared-kushner-egypt-cancels-meeting-after-us-withdraws-aid\">the Guardian<\/a>, the <a href=\"http:\/\/www.latimes.com\/politics\/washington\/la-na-essential-washington-updates-u-s-holding-aid-to-egypt-over-human-1503518096-htmlstory.html\">Los Angeles Times<\/a>, <a href=\"http:\/\/foreignpolicy.com\/2017\/08\/23\/in-policy-reversal-u-s-withholds-aid-to-egypt-trump-sisi\/\">Foreign Policy<\/a>, <a href=\"https:\/\/www.rt.com\/usa\/400659-egypt-ministry-cancels-meeting-kushner\/\">Russia Today<\/a>, and <a href=\"http:\/\/www.bbc.com\/news\/world-middle-east-41023264\">the BBC<\/a>. We could go on, but you get the point. And note, please, that these are original pieces to which these outlets devoted staff time \u2014 not just wire pickups.<\/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=\"642894\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642895\" 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=\"642895\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/globalization-in-retreat-capital-flows-decline-since-crisis\/\">\r\n                            Globalization in retreat \u2014 capital flows decline since crisis                        <\/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\/24\/globalization-in-retreat-capital-flows-decline-since-crisis\/\" 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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Capital flows have dropped to USD 4.3 tn in 2016, down to a third of the USD 12.4 tn in 2007. Leading the retreat are European banks which have significantly reduced cross-border lending. Donnan argues that the move has made global finance much more stable, especially considering how it was ease of cross border lending that was a driving force behind the housing bubble and the subsequent financial crisis. Another important side effect from this decline appears to be the shift among investors towards relying on foreign direct investment in long-term projects across the globe. This may not altogether be positive, says Donnan, as the move is driving countries to compete for FDI by lowering taxes.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642897\" 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=\"642897\">\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\/24\/642897\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/642897\/\" 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\/24\/642897\/')\">\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\/24\/642897\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/642897\/\">\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\/24\/642897\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2F642897%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\/24\/642897\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642897\" class=\"content-area-description single-story post-642897 post type-post status-publish format-standard hentry category-egypt-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Jared Kushner\u2019s rocky touchdown in Cairo pervades international media<\/p>\n<p><strong>White House envoy Jared Kushner\u2019s rocky touch down in Cairo yesterday was all anyone <\/strong><strong>in the international press could talk about this morning<\/strong>. Egypt\u2019s Foreign Minister Sameh Shoukry had axed, and then reinstated, Kushner\u2019s meeting from his Wednesday agenda, after the US government decided to withhold some of its aid to Egypt on grounds of human rights violations.<\/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=\"642901\" 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=\"642901\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/\">\r\n                            \u201cEducational\u201d Cosmic Village, possibly the creepiest way to waste state resources                        <\/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\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/\" 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\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/')\">\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\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/\">\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=\u201cEducational\u201d Cosmic Village, possibly the creepiest way to waste state resources&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/\">\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\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/&title=\u201cEducational\u201d Cosmic Village, possibly the creepiest way to waste state resources\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=%E2%80%9CEducational%E2%80%9D+Cosmic+Village%2C+possibly+the+creepiest+way+to+waste+state+resources+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Feducational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources%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\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/456.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"642902\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/educational-cosmic-village-possibly-the-creepiest-way-to-waste-state-resources\/456-jpg-30\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/456.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"456.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/456.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/8\/456.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642901\" class=\"content-area-description single-story post-642901 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>We present to you the state-funded Cosmic Village, in all its creepy glory.<\/strong> If you\u2019ve ever wondered what kind of bizarre projects into which the state pours its resources, then we invite you to learn more about the Cosmic Village. Somebody thought it would be a good idea to create replicas of Egypt\u2019s most notable cultural and historical features and cram them into one compact area \u2026 still in Egypt. Whoever came up with this brilliant plan \u2014 which saves people the hassle of actually going to the original sites \u2014 also thought it would be a great idea to throw in what can only be described as a haunted house-version of Disneyland\u2019s \u201cIt\u2019s a Small World\u201d water ride, complete with trolls and crocodiles (<a href=\"https:\/\/www.youtube.com\/watch?v=WXkQfQCFE9o\">watch, runtime 4:10<\/a>).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642903\" 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=\"642903\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/\">\r\n                            Border agreement between Egypt, Gaza shows shifting regional dynamics, prepares for Dahlan\u2019s return -FT                        <\/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\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/\" 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\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/')\">\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\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/\">\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=Border agreement between Egypt, Gaza shows shifting regional dynamics, prepares for Dahlan\u2019s return -FT&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/\">\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\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/&title=Border agreement between Egypt, Gaza shows shifting regional dynamics, prepares for Dahlan\u2019s return -FT\">\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=Border+agreement+between+Egypt%2C+Gaza+shows+shifting+regional+dynamics%2C+prepares+for+Dahlan%E2%80%99s+return+-FT+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fborder-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft%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\/24\/border-agreement-between-egypt-gaza-shows-shifting-regional-dynamics-prepares-for-dahlans-return-ft\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642903\" class=\"content-area-description single-story post-642903 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The potential agreement to reopen the border crossing between Egypt and <\/strong><strong>Hamas \u201creflects the changing dynamics of the region,\u201d<\/strong> <a href=\"https:\/\/www.ft.com\/content\/acd76b40-872d-11e7-bf50-e1c239b45787\">according to Financial Times<\/a>. \u201cThe fact that the Cairo meetings took place illustrates a shift in regional relations. Hamas has become more isolated and is in need of new patrons. The UAE, which has become more assertive in its foreign policy, and Egypt want to counter the influence of Islamist groups and bring stability to a troublesome border. They also want to begin positioning a successor to Mahmoud Abbas, the 82-year-old president of the Palestinian Authority, analysts say.\u201d The agreement is being reached at talks brokered by former Gaza security chief Mohammed Dahlan, who could be positioning himself to a return to Palestinian political life and attempting to build a base for a bid for Palestinian presidency. The FT also adds that Egypt is \u201cupgrading its side of the Rafah border terminal, adding cameras, watchtowers and other security equipment ahead of its reopening.\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\/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=\"642907\" 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=\"642907\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-2018\/\">\r\n                            Production at the second phase development of the West Delta fields to begin in 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\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-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\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-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\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-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=Production at the second phase development of the West Delta fields to begin in 2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-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\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-2018\/&title=Production at the second phase development of the West Delta fields to begin in 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=Production+at+the+second+phase+development+of+the+West+Delta+fields+to+begin+in+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fproduction-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-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\/24\/production-at-the-second-phase-development-of-the-west-delta-fields-to-begin-in-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642907\" class=\"content-area-description single-story post-642907 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>Production at the second phase development of the West Delta fields, which will include the Giza and Fayoum fields, is expected to begin in 2018, Oil Minister Tarek El Molla said on Wednesday. The remarks came during a meeting with Thomas Rappuhn, CEO of Germany\u2019s DEA, which <a href=\"https:\/\/www.dea-group.com\/en\/projects\/west-nile-delta\">owns a 17.25% share<\/a> in the project. Production had initially been slated for 2019. Separately, El Molla <a href=\"http:\/\/www.petroleum.gov.eg\/ar\/MediaCenter\/LocalNews\/pages\/mop_23082017_02.aspx\">met with Malaysian company Petronas'<\/a> Vice President Adnan Zainal Abidin to discuss the company\u2019s projects in Egypt. Petronas and Royal Dutch Shell <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/19\/shell-petronas-to-begin-work-on-borollos-gas-field-9b-in-4q2017-after-delays\/\">will begin work<\/a> on phase 9B of the Borollos gas field in 4Q2017, after having halted work last year over disagreements on prices with the government.<\/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=\"642908\" 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=\"642908\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/korean-firm-woonong-halts-investment\/\">\r\n                            Korean firm WooNong halts investment                        <\/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\/24\/korean-firm-woonong-halts-investment\/\" 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\/24\/korean-firm-woonong-halts-investment\/')\">\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\/24\/korean-firm-woonong-halts-investment\/\">\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=Korean firm WooNong halts investment&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/korean-firm-woonong-halts-investment\/\">\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\/24\/korean-firm-woonong-halts-investment\/&title=Korean firm WooNong halts investment\">\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=Korean+firm+WooNong+halts+investment+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fkorean-firm-woonong-halts-investment%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\/24\/korean-firm-woonong-halts-investment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642908\" class=\"content-area-description single-story post-642908 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>Korean agricultural investment firm WooNong has halted plans for a EGP 35 mn investment in a 500-feddan land plot in New Valley\u2019s Farafra oasis, <a href=\"http:\/\/www.almalnews.com\/Story\/343909\/15\/Woonong-%D8%A7%D9%84%D9%83%D9%88%D8%B1%D9%8A%D8%A9-%D8%AA%D8%AC%D9%85%D8%AF-%D8%AE%D8%B7%D8%A9-%D8%A7%D8%AE%D8%AA%D8%B1%D8%A7%D9%82-%D8%A7%D9%84%D8%B3%D9%88%D9%82-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9\">according to Al Mal<\/a>. The firm froze its investment after it failed to conclude negotiations with the Agriculture Ministry.<\/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=\"642909\" 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=\"642909\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/\">\r\n                            Heliopolis Company awards EGP 7.4 mn project to Utilco in New Heliopolis                        <\/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\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/\" 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\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/')\">\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\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/\">\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=Heliopolis Company awards EGP 7.4 mn project to Utilco in New Heliopolis&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/\">\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\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/&title=Heliopolis Company awards EGP 7.4 mn project to Utilco in New Heliopolis\">\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=Heliopolis+Company+awards+EGP+7.4+mn+project+to+Utilco+in+New+Heliopolis+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fheliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis%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\/24\/heliopolis-company-awards-egp-7-4-mn-project-to-utilco-in-new-heliopolis\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642909\" class=\"content-area-description single-story post-642909 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Heliopolis Company for Housing and Development awarded a EGP 7.4 mn project to Utilco for Engineering and Contracting to build a tunnel crossing below the road leading to the medical center in New Heliopolis, <a href=\"http:\/\/www.egx.com.eg\/downloads\/News\/%D9%85%D8%B5%D8%B1%20%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%20%D9%85%D8%AC%D9%84%D8%B3-23-08-2017.pdf\">according to an EGX filing<\/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\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"642911\" 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=\"642911\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/careem-integrates-hurghadas-orange-taxi-into-its-network\/\">\r\n                            Careem integrates Hurghada\u2019s Orange Taxi into its network                        <\/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\/24\/careem-integrates-hurghadas-orange-taxi-into-its-network\/\" target=\"_blank\">\n                    Open in new tab                    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target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Careem integrates Hurghada\u2019s Orange Taxi into its network&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/careem-integrates-hurghadas-orange-taxi-into-its-network\/\">\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\/24\/careem-integrates-hurghadas-orange-taxi-into-its-network\/&title=Careem integrates Hurghada\u2019s Orange Taxi into its network\">\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+integrates+Hurghada%E2%80%99s+Orange+Taxi+into+its+network+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fcareem-integrates-hurghadas-orange-taxi-into-its-network%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\/24\/careem-integrates-hurghadas-orange-taxi-into-its-network\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642911\" class=\"content-area-description single-story post-642911 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>Ride-hailing app Careem is integrating the Hurghada-based Orange Taxi into its network of affiliates in a bid to expand its presence in the city, <a href=\"https:\/\/ent.news\/2017\/8\/1441.pdf\">the company said on Wednesday (pdf)<\/a>. This comes amid expectations of a rise in tourist arrivals, says Ramy Kato, Head of Careem Egypt Operations and Vice President of Careem Care. \u201cThe integration of Orange Taxi aligns with Careem\u2019s strategy to integrate taxis across Egypt within the Careem network, as with the integration of the white taxis in Cairo,\u201d he added. Careem has been operating in Hurghada since December last year.<\/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=\"642912\" 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=\"642912\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/\">\r\n                            EFG Hermes Leasing, ELAB sign EGP 50 mn agreement                        <\/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\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/\" 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\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/')\">\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\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/\">\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=EFG Hermes Leasing, ELAB sign EGP 50 mn agreement&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/\">\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\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/&title=EFG Hermes Leasing, ELAB sign EGP 50 mn agreement\">\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=EFG+Hermes+Leasing%2C+ELAB+sign+EGP+50+mn+agreement+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2Fefg-hermes-leasing-elab-sign-egp-50-mn-agreement%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\/24\/efg-hermes-leasing-elab-sign-egp-50-mn-agreement\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642912\" class=\"content-area-description single-story post-642912 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>The Egyptian Arab Land Bank and EFG Hermes Leasing <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/08\/EFG-Hermes-Leasing-Press-Note-English.pdf\">announced concluding<\/a> a EGP 50 mn agreement to \u201cjointly offer leasing solutions for fixed assets to small businesses in Egypt.\u201d The agreement provides funding at low-interest-rate lease arrangements for small enterprises in Egypt and aims to capitalize on the central bank\u2019s initiative to support SMEs.<\/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=\"642914\" 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=\"642914\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/groceries-as-delivered-by-the-terminator\/\">\r\n                            Groceries as delivered by The Terminator                        <\/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\/24\/groceries-as-delivered-by-the-terminator\/\" 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\/24\/groceries-as-delivered-by-the-terminator\/')\">\n                 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<div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/groceries-as-delivered-by-the-terminator\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642914\" class=\"content-area-description single-story post-642914 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>First world problems with first world solutions:<\/strong> <strong>Icelandic capital Reykjavik now has the<\/strong><strong>world\u2019s first drone delivery service<\/strong>, <a href=\"https:\/\/www.cnbc.com\/2017\/08\/22\/worlds-first-drone-delivery-service-launches-in-iceland.html\">according to CNBC<\/a>. The new service \u2014 offered through the combined efforts of Flytrex and online goods distributor AHA \u2014 would eliminate the problem of slow deliveries, caused by the city\u2019s waterways. The Icelandic Transport Authority signed off on the service as a measure for road safety.<\/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=\"642916\" 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=\"642916\">\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\">The Market Yesterday<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/642916\/\">\r\n                                                    <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/642916\/\" 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\/24\/642916\/')\">\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\/24\/642916\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=&url=https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/642916\/\">\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\/24\/642916\/&title=\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F08%2F24%2F642916%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\/24\/642916\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642916\" class=\"content-area-description single-story post-642916 post type-post status-publish format-standard hentry category-the-market-yesterday tag-enterpriseam tag-the-market-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight: bold;color: #696969;\">Powered by<\/span><br \/>\n<a href=\"http:\/\/www.pharosholding.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" alt=\"Pharos Holding - http:\/\/www.pharosholding.com\/\" src=\"https:\/\/i0.wp.com\/enterprise.press\/mailshot-assets\/sponsors\/pharos\/pharos-logo.png?ssl=1\" style=\"display: inline-block;\" \/><\/a><\/p>\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.69 | Sell 17.79<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.69 | Sell 17.79<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.7 | Sell 17.8<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 12,996 (-0.9%)<br \/>\n <strong>Turnover:<\/strong> EGP 542 mn (39% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +5.3%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 0.9%. CIB, the index heaviest constituent closed down 0.5%. EGX30\u2019s top performing constituents were: Domty up 2.5%; Eastern Co flat; and Abu Dhabi Islamic Bank down 0.1%. Today\u2019s worst performing stocks were: Amer Group down 3.3%; Madinet Nasr Housing down 3.1%; and Elsewedy Electric down 2.5%. The market turnover was EGP 542 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +50.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +9.7 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -60.4 mn<\/p>\n<p><strong>Retail<\/strong>: 62.7% of total trades | 59.3% of buyers | 66.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 37.3% of total trades | 40.7% of buyers | 33.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 19.9% of total | 24.5% of buyers | 15.2% of sellers<br \/>\n <strong>Regional:<\/strong> 9.7% of total | 10.6% of buyers | 8.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 70.4% of total | 64.9% of buyers | 76% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 48.37 (+1.13%)<br \/>\n <strong>Brent:<\/strong> USD 52.51 (+1.23%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.93 MMBtu, (-0.48%, September 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,296.3 \/ troy ounce (+0.41%)<\/p>\n<p><strong>TASI:<\/strong> 7,263.75 (+0.14%) (YTD: +0.74%)<br \/>\n <strong>ADX:<\/strong> 4,487.41 (+0.3%) (YTD: -1.3%)<br \/>\n <strong>DFM:<\/strong> 3,624.85 (+0.38%) (YTD: +2.66%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 428.98 (-0.01%) (YTD: +12.86%)<br \/>\n <strong>QE:<\/strong> 9,053.6 (-0.13%) (YTD: -13.25%)<br \/>\n <strong>MSM:<\/strong> 4,955.27 (-0.34%) (YTD: -14.31%)<br \/>\n <strong>BB: <\/strong>1,305.25 (-0.18%) (YTD: +6.95%)<\/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=\"642917\" 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\/24\/642917\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-642917\" class=\"content-area-description single-story post-642917 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>31 August-04 September (Thursday-Monday): Eid Al-Adha, national holiday 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>08-09 September (Friday-Saturday): Educate Me's Conference for Egyptian Education (<a href=\"https:\/\/www.mo3allemconference.com\/\">Mo'allem<\/a>), AUC, Cairo<\/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>13-15 September (Wednesday-Friday) Financial Inclusion Conference in Sharm El Sheikh.<\/p>\n<p>15-18 September (Friday-Monday): <a href=\"https:\/\/allevents.in\/sharm%20el-sheikh\/sharm-travel-market\/116093945686313\">Sharm Travel Market<\/a>, venue TBD, Sharm El Sheikh.<\/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>06-07 November (Monday-Tuesday): <a href=\"http:\/\/www.letstalkevent.com\/EgyptCrisisCommunications\/#home2\">Crisis Communications Conference<\/a>, Four Seasons Nile Plaza Hotel, Cairo.<\/p>\n<p>16 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>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":642882,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-642881","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"1e9044d4-909e-40d2-a4ae-461de05e2af8","teaser":"","photo_url":"https:\/\/ent.news\/2017\/8\/1707.png"},"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>Is this guy the reason The Donald is holding back aid to Egypt? 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