{"id":645163,"date":"2017-07-13T04:17:10","date_gmt":"2017-07-13T04:17:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=645163"},"modified":"2025-12-17T19:33:18","modified_gmt":"2025-12-17T19:33:18","slug":"govt-ends-flour-subsidies","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-ends-flour-subsidies\/","title":{"rendered":"Gov\u2019t ends flour subsidies"},"content":{"rendered":"<section id=\"645165\" 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=\"645165\">\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\/07\/13\/what-were-tracking-on-13-july-2017\/\">\r\n                            What we\u2019re tracking on 13 July 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\/07\/13\/what-were-tracking-on-13-july-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/what-were-tracking-on-13-july-2017\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/what-were-tracking-on-13-july-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 13 July 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/what-were-tracking-on-13-july-2017\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/what-were-tracking-on-13-july-2017\/&title=What we\u2019re tracking on 13 July 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+13+July+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fwhat-were-tracking-on-13-july-2017%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/what-were-tracking-on-13-july-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645165\" class=\"content-area-description single-story post-645165 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>IMF to decide on USD 1.25 bn disbursement today:<\/strong> The Executive Board of the International Monetary Fund <a href=\"http:\/\/www.imf.org\/external\/NP\/SEC\/bc\/eng\/index.aspx\">will be meeting today<\/a> to review progress on Egypt\u2019s economic reforms ahead of voting to release the second USD 1.25 bn disbursement of the IMF\u2019s USD 12 bn Extended Fund Facility. After some tough measures in the last few weeks \u2014 namely, the fuel and electricity subsidy cuts and the central bank\u2019s 200 bps interest hikes \u2014 we anticipate the IMF will vote to approve the disbursement.<\/p><p><strong>We have yet to hear any confirmation that the laptop ban on EgyptAir flights had indeed been lifted yesterday.<\/strong> While both EgyptAir and the Civil Aviation Ministry stated on Tuesday that the ban on electronics onboard cabins of flights destined to New York <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/12\/what-were-tracking-on-12-july-2017\/\">had been lifted as of yesterday<\/a>, the US Department of Homeland Security said it would need to make further assessments before confirming. We\u2019ll be keeping our ears to the ground. But in the meantime, If any of our readers happened to have traveled there yesterday or today, we would kindly appreciate sending us a heads up.<\/p><p><strong>Speaking of the 200 bps interest rate hikes, UAE-based Arqaam Capital sees the hike as the last of the central bank\u2019s tightening measures<\/strong>, and expects the CBE to cut interest rates in 3Q18, <a href=\"http:\/\/www.almalnews.com\/Story\/339833\/12\/%D8%A3%D8%B1%D9%82%D8%A7%D9%85-%D9%83%D8%A7%D8%A8%D9%8A%D8%AA%D8%A7%D9%84-%D9%8A%D8%AA%D9%88%D9%82%D8%B9-%D8%AE%D9%81%D8%B6-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%81%D8%A7%D8%A6%D8%AF%D8%A9-%D9%81%D9%8A-%D8%A7%D9%84%D8%B1%D8%A8%D8%B9-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D9%85%D9%86-2018%E2%80%8E\">Al Mal reports<\/a>. This is a tacit projection by Arqaam that the CBE should be able to meet its target of bringing inflation down to 13% by then.<\/p><p>Meanwhile, <strong>Banque Misr became the second of the big three state-owned banks to move interest rates yesterday<\/strong>. The bank raised interest rates on variable interest certificates 25-100 bps, while maintaining rates on high-yield deposit certificates, <a href=\"http:\/\/www.youm7.com\/story\/2017\/7\/12\/%D8%A8%D9%86%D9%83-%D9%85%D8%B5%D8%B1-%D9%8A%D8%B1%D9%81%D8%B9-%D8%A7%D9%84%D9%81%D8%A7%D8%A6%D8%AF%D8%A9-%D8%B9%D9%84%D9%89-%D8%AD%D8%B3%D8%A7%D8%A8%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D9%88%D9%81%D9%8A%D8%B1-1-%D9%88%D8%AA%D8%AB%D8%A8%D9%8A%D8%AA-%D8%B3%D8%B9%D8%B1\/3322677\">Youm7 reports<\/a>. The National Bank of Egypt will hold its Alco (assets and liabilities committees meetings) today, <a href=\"https:\/\/www.arabfinance.com\/2015\/Pages\/news\/newsdetails.aspx?Id=403550&amp;lang=ar\">according to Arab Finance<\/a>.<\/p><p><strong>Canada joins the global interest rate hike party:<\/strong> The Bank of Canada raised interest rates for the first time in nearly seven years, joining the US Federal Reserve in leading a monetary policy shift across major industrialised countries in response to better global economic growth, writes Roger Blitz for <a href=\"https:\/\/www.ft.com\/content\/862e24e4-6706-11e7-8526-7b38dcaef614\">the Financial Times<\/a>. Analysts say the move was done to curb inflation. The CAD hit a 12-month high against the USD as a result. Meanwhile, <a href=\"https:\/\/www.ft.com\/content\/4f0c647c-66b0-11e7-9a66-93fb352ba1fe\">US markets<\/a> interpreted <a href=\"https:\/\/www.ft.com\/content\/deda93c2-66fa-11e7-8526-7b38dcaef614\">US Fed Chairman Janet Yellen\u2019s remarks yesterday<\/a> that the US\u2019s persistently subdued inflation could raise questions about the Federal Reserve\u2019s current path of gradually raising interest rates as \u201cdovish\u201d and signalling that the next interest rate hike this year is some ways down the road.<\/p><p><strong>Inflation-adjusted emerging market bond yields have risen to their highest level since at least 2004<\/strong>, despite an increasingly desperate \u201chunt for yield\u201d on the part of global investors, the <a href=\"https:\/\/www.ft.com\/content\/a0f75210-6584-11e7-8526-7b38dcaef614\">salmon-colored paper reported<\/a>. The gap between real yields in emerging and developed markets also hit its highest level for at least 13 years. <strong>This is no thanks to Latin America<\/strong>, whose frequent corruption scandals have subdued returns on their debts, and have seen EM funds such as Pictet Asset Management, Neuberger Berman Group LLC and RBC Global Asset Management end 1H17 as the worst performers in their class, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-07-12\/latin-america-s-roiling-scandals-burn-emerging-market-bond-funds\">according to Bloomberg<\/a>.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    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src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/on-the-horizon-189\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645167\" class=\"content-area-description single-story post-645167 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>We are so very eagerly awaiting the three day weekend<\/strong> to commemorate Revolution Day on Sunday 23 July, as climate change kicks our [redacted] here in Cairo. Please plan on something more interesting than Sahel.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${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=\"645168\" 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=\"645168\">\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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/\">\r\n                            lifting flour subsidies and Eastern Tobacco hiking cigarette prices                        <\/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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/\" 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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/')\">\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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/\">\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=lifting flour subsidies and Eastern Tobacco hiking cigarette prices&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/\">\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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/&title=lifting flour subsidies and Eastern Tobacco hiking cigarette prices\">\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=lifting+flour+subsidies+and+Eastern+Tobacco+hiking+cigarette+prices+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Flifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices%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\/07\/13\/lifting-flour-subsidies-and-eastern-tobacco-hiking-cigarette-prices\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645168\" class=\"content-area-description single-story post-645168 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 state\u2019s decision to lift flour subsidies and Eastern Tobacco hiking cigarette prices<\/strong>, topped discussions on the airwaves last night.<\/p>\n<p><strong>Yahduth fi Misr\u2019s Sherif Amer was on the Supply Ministry\u2019s decision to halt flour subsidies to bakeries starting next month <\/strong>(we\u2019ve got that covered in this morning\u2019s Speed Round). Ministry spokesperson Mohamed Sewed explained to Amer that subsidized bread will continue to be sold for EGP 0.05 and that the decision means primarily to end the corruption plaguing the subsidized bread industry.<\/p>\n<p><strong>The use of smart cards will allow bakers to keep track of how many loaves <\/strong>of subsidized bread they sell so the General Authority for Supply Commodities can later reimburse them, Sewed told Amer.<\/p>\n<p><strong>Amer then moved on to the increases in cigarette prices by Eastern Company <\/strong>(look for more coverage in Basic Materials + Commodities)<strong>. <\/strong>The new prices had nothing to do with the value-added tax (VAT) but are a welcome source of revenues, Finance Ministry VAT commissioner Abdel Moneim Mattar told Amer.<\/p>\n<p><strong>Dina Zahra (who filled for Lamees Al Hadidi) on Hona Al Asema kept her show about the perennial issue of Qatar. <\/strong>She spoke with political analyst Abdel Moneim Said about the meeting between Egyptian Foreign Minister Sameh Shoukry, his Saudi, Bahraini, Emirati, and Kuwaiti counterparts, and US Secretary of State Rex Tillerson to discuss updates on Qatar (<a href=\"https:\/\/www.youtube.com\/watch?v=b7yLmuHHTFw\">watch<\/a>, runtime 10:30). There were no updates.<\/p>\n<p><strong>On Kol Youm, Amr Adib was still sore from the night before about Qatar and the US<\/strong> <strong>signing an anti-terror agreement.<\/strong> The anger he feigned, though, severely impaired his ability to deliver his message last night, because it certainly wasn\u2019t coming through. We think, but can\u2019t be sure, that he might have been trying to tell the Arab quartet not to concede on any of their demands (<a href=\"https:\/\/www.youtube.com\/watch?v=OsewLGTwnpA\">watch<\/a>, runtime 7:33). Slow your roll, Mr. Adib.<\/p>\n<p><strong>Meanwhile on Masaa DMC, Osama Kamal spoke to Egyptian Competition Authority boss Mona El Garf <\/strong>about the termination of Cable Network Egypt\u2019s (CNE) contracts with <strong>Qatar\u2019s beIN Sports <\/strong>(more on that in the Speed round). El Garf said that charges had been leveled against beIN in January for monopolistic practices and CNE must repay customers subscription fees collected after that. Any new subscriptions might force the authority to take legal action against CNE (<a href=\"https:\/\/www.youtube.com\/watch?v=ZoqiG9Lf0UY\">watch<\/a>, runtime 6:35).<\/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=\"645169\" 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=\"645169\">\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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/\">\r\n                            Supply Ministry to halt subsidizing flour for subsidized bread                        <\/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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/\" 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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/')\">\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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/\">\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=Supply Ministry to halt subsidizing flour for subsidized bread&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/\">\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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/&title=Supply Ministry to halt subsidizing flour for subsidized bread\">\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=Supply+Ministry+to+halt+subsidizing+flour+for+subsidized+bread+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fsupply-ministry-to-halt-subsidizing-flour-for-subsidized-bread%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\/07\/13\/supply-ministry-to-halt-subsidizing-flour-for-subsidized-bread\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645169\" class=\"content-area-description single-story post-645169 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Supply Ministry ends subsidies of flour:<\/strong> The Supply Ministry announcing yesterday it will stop subsidizing the flour it provides to bakeries that produce subsidized bread as of next month, and will limit its subsidy provisions to the actual bread produced, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1161731\">Al Masry Al Youm reports<\/a>. The move is aimed at curbing wheat subsidies fraud that has cost state coffers mns each year, and will drive down wheat imports \u2014 which <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/11\/egypt-imports-5-580-mn-tonnes-of-wheat-during-2016-2017\/\">reached 6.2 mn tonnes this year<\/a>\u2014 by around 10%, according to ministry spokesman Mohamed Sewed. The new system will \u201cremove the incentive for smuggling flour, cutting down on waste and helping to save the state up to [EGP 8 bn] from its 2017-18 food subsidy bill,\u201d Sewed said, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL4N1K344M\">according to Reuters<\/a>.<\/p>\n<p><strong>The decision comes days after the ministry <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/10\/supply-ministry-raises-subsidized-bread-production-cost\/\"><strong>moved to raise the cost of bread production<\/strong><\/a> to EGP 180 per sack of flour, up from EGP 160 (each sack of flour yields 1,250 loaves). Under the new system, the ministry will use the electronic bread point system to disburse the subsidy based on the final tally of loaves sold at each bakery, taking into account the new price of production.<\/p>\n<p><strong>The ministry was quick to reassure citizens that<\/strong> <strong>the move would not affect the selling price of bread<\/strong>, which is currently sold at EGP 0.05 per loaf, <a href=\"http:\/\/www.youm7.com\/story\/2017\/7\/12\/%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%86-%D9%84%D8%A7-%D9%85%D8%B3%D8%A7%D8%B3-%D8%A8%D8%B3%D8%B9%D8%B1-%D8%B1%D8%BA%D9%8A%D9%81-%D8%A7%D9%84%D8%B9%D9%8A%D8%B4-%D9%88%D8%A7%D9%84%D9%82%D9%85%D8%AD-%D8%B3%D9%8A%D8%B5%D9%84-%D9%84%D9%84%D9%85%D8%B7%D8%A7%D8%AD%D9%86-%D8%A8%D8%A7%D9%84%D8%B3%D8%B9%D8%B1\/3322634\">according to Youm7<\/a>. Citizens receive each loaf of bread at less than 10% of its production cost.<\/p>\n<p><strong>Clerics helping out with the reform agenda? <\/strong>Dar Al Ifta is also doing its part to help the state\u2019s efforts to stop black market trading of subsidized goods, issuing a statement yesterday saying that doing so \u201cconstitutes harm to and aggression on those who deserve them and public funds,\u201d <a href=\"http:\/\/gulfnews.com\/news\/mena\/egypt\/seizing-subsidized-goods-is-a-cardinal-sin-says-egypt-s-top-islamic-agency-1.2057430\">Gulf News reports<\/a>. The edict comes as the government is also working to overhaul the subsidy card system and purge it of moochers as part of economic reforms currently being implemented, the website notes.<\/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=\"645183\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645184\" 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=\"645184\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/\">\r\n                            Greek archaeologist discovers ancient tunnel in Alexandria                        <\/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\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/\" 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\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/')\">\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\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/\">\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=Greek archaeologist discovers ancient tunnel in Alexandria&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/\">\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\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/&title=Greek archaeologist discovers ancient tunnel in Alexandria\">\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=Greek+archaeologist+discovers+ancient+tunnel+in+Alexandria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fgreek-archaeologist-discovers-ancient-tunnel-in-alexandria%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\/07\/13\/greek-archaeologist-discovers-ancient-tunnel-in-alexandria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645184\" class=\"content-area-description single-story post-645184 post type-post status-publish format-standard hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>This artefact was among those found the complex of ancient building recently unearthed by Greek archaeologist Kalliopi Papakostas in the Shallalat Gardens area in Alexandria<\/strong>, where excavations began 21 years ago. \u201cThe new discovery is a carved tunnel at a depth of 10 meters,\u201d Philip Chrysopoulos writes for <a href=\"http:\/\/world.greekreporter.com\/2017\/07\/10\/greek-archaeologist-discovers-ancient-buildings-in-alexandria-egypt\/\">GreekReporter.com<\/a>. The site reportedly was part of the Royal Quarter of the Ptolemaic Kingdom. This is just the latest in a spate of new archeological discoveries this year. Keep em coming folks.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645185\" 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=\"645185\">\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\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/\">\r\n                            Egypt\u2019s economic reform \u201cwill matter long after any future political transition\u201d                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/\" 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\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/')\">\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\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt\u2019s economic reform \u201cwill matter long after any future political transition\u201d&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/\">\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\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/&title=Egypt\u2019s economic reform \u201cwill matter long after any future political transition\u201d\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt%E2%80%99s+economic+reform+%E2%80%9Cwill+matter+long+after+any+future+political+transition%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fegypts-economic-reform-will-matter-long-after-any-future-political-transition%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\/07\/13\/egypts-economic-reform-will-matter-long-after-any-future-political-transition\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645185\" class=\"content-area-description single-story post-645185 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>No topic in particular kept the international press busy on Egypt this morning<\/strong>. Here are some of the stuff that caught our eye:<\/p>\n<p><strong>Egypt\u2019s economic reform \u201cwill matter long after any future political transition:\u201d<\/strong> Whether or not people support President Abdel Fattah El Sisi, there\u2019s no doubt that he \u201chas expended great political capital to undertake reforms, which, frankly, are more than a half-century overdue,\u201d Michael Rubin writes in <a href=\"https:\/\/www.commentarymagazine.com\/foreign-policy\/africa\/egypt-economic-reform\/\">Commentary Magazine<\/a>. Diplomats and politicians in Washington can debate all they want the questions of security and human rights surrounding Sisi and the state of Egypt, but it\u2019s his success or failure at navigating the country through this period of economic reform that \u201cwill matter long after any future political transition in Egypt.\u201d The journey to reform is perilous, Rubin says, and focus should be primarily devoted to a \u201cmore holistic Egypt policy as Sisi works to transform the economy,\u201d which simply can\u2019t handle another \u201cfull-blown\u201d crisis or populist movement.<\/p>\n<p><strong>\u201cIt may have been a long time coming, but it looks like Egypt might make it through the bad times<\/strong>,\u201d Simon Constable writes in a piece for <a href=\"http:\/\/www.middleeasteye.net\/news\/analysis-egypts-economy-path-recovery-experts-say-1458611764\">Middle East Eye<\/a>. Despite the setbacks of the years following the Arab Spring, such as soaring unemployment and high inflation levels, the Egyptian economy has much to look forward to in the months and years to come, as the effects of reforms begin to show. The basket of promising eggs includes better growth forecasts for the country\u2019s GDP, credit rating upgrades on the horizon, and higher capital and foreign currency inflows thanks to renewed investor appetite.<\/p>\n<p><strong>Despite being an ode to Cairo, internationally acclaimed film In The Last Days of the City has been banned from screening<\/strong> <strong>in Egypt<\/strong> as part of a \u201ccrackdown,\u201d <a href=\"https:\/\/www.theguardian.com\/cities\/2017\/jul\/12\/cinematic-love-letter-cairo-last-days-city\">The Guardian\u2019s Ruth Michaelson<\/a> notes. The film, which Michaelson describes as a \u201ccinematic love letter\u201d to Cairo set within the context of the January 2011 uprising, was not granted the necessary permits to be promoted or screened. \u201cJournalists or filmmakers wishing to shoot in the city centre are now forced into a Kafka-esque battle for permits from several different authorities,\u201d Michaelson says.<\/p>\n<p><strong>Other stories on Egypt in the international press<\/strong> worth a skim:<\/p>\n<ul>\n<li><strong>Officials at Ireland\u2019s Department for Foreign Affairs are advising against taking Egypt to the International Court of Justice over Ibrahim Halawa\u2019s case<\/strong>, and recommended the continued reliance on diplomatic channels, according to <a href=\"http:\/\/www.irishlegal.com\/7874\/memo-advises-against-taking-egypt-to-icj-over-halawa-case\/# \">Irish Legal News<\/a>. <\/li>\n<li><a href=\"http:\/\/aa.com.tr\/en\/middle-east\/ex-cameraman-crusading-to-smear-al-jazeera-reputation\/859841\"><strong>Turkey\u2019s Sultan\u2019s mouthpiece<\/strong><\/a><strong> is claiming that former Al Jazeera cameraman Mohamed Fawzi <\/strong>\u2014 who is reportedly suing the Doha-based networkfor \u201cendangering the lives of journalists working in Egypt\u201d \u2014 <strong>has been working for Egypt\u2019s intelligence services<\/strong>.<\/li>\n<li><strong>MTV will begin airing drama series in Egypt and India centered around issues such as FGM and child marriage<\/strong> in 2018 with the aim of stimulating debate on these taboo topics, <a href=\"http:\/\/www.reuters.com\/article\/us-egypt-media-fgm-idUSKBN19X20M\">Reuters reports<\/a>.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645186\" 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=\"645186\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/whats-up-with-john-casson\/\">\r\n                            What\u2019s up with John Casson?                        <\/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\/07\/13\/whats-up-with-john-casson\/\" 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\/07\/13\/whats-up-with-john-casson\/')\">\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\/07\/13\/whats-up-with-john-casson\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What\u2019s up with John Casson?&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/whats-up-with-john-casson\/\">\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\/07\/13\/whats-up-with-john-casson\/&title=What\u2019s up with John Casson?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What%E2%80%99s+up+with+John+Casson%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fwhats-up-with-john-casson%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\/07\/13\/whats-up-with-john-casson\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645186\" class=\"content-area-description single-story post-645186 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>British Ambassador to Egypt John Casson\u2019s latest remarks on Egypt\u2019s airport security are both infuriating and odd<\/strong>, Youssef Alomi says bluntly in his <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1161260\">Al Masry Al Youm column<\/a>. Past that sentence, it\u2019s nothing to see here folks, as he engages in tripe conspiracy theories.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645187\" 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=\"645187\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/\">\r\n                            Buzz Aldrin\u2019s facial expressions say everything we can\u2019t about The Donald                        <\/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\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/\" 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\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/')\">\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\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/\">\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=Buzz Aldrin\u2019s facial expressions say everything we can\u2019t about The Donald&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/\">\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\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/&title=Buzz Aldrin\u2019s facial expressions say everything we can\u2019t about The Donald\">\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=Buzz+Aldrin%E2%80%99s+facial+expressions+say+everything+we+can%E2%80%99t+about+The+Donald+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fbuzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald%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\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/7\/59.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"645188\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/buzz-aldrins-facial-expressions-say-everything-we-cant-about-the-donald\/59-jpg-23\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/7\/59.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"59.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/7\/59.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/7\/59.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645187\" class=\"content-area-description single-story post-645187 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Buzz Aldrin\u2019s facial expressions say everything we can\u2019t about The Donald<\/strong>: Apollo 11 astronaut and space legend Buzz Aldrin stole the spotlight from US President Donald Trump\u2019s speech about space with his facial expressions that basically sum up how people other than bucktoothed mouth-breathers feel about The Donald\u2019s speeches (<a href=\"https:\/\/www.facebook.com\/boredpanda\/videos\/10155541171404252\/\">watch<\/a>, runtime: 1:35). Aldrin flashes a range of emotions throughout Trump\u2019s speech, including confusion, disdain, and downright despair, cueing a flood of jokes on Twitter about <a href=\"https:\/\/twitter.com\/jellicoe1992\/status\/881212678513053697\">the astronaut wishing he could go back to space<\/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=\"645189\" 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=\"645189\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/new-youth-unemployment-program-in-the-works\/\">\r\n                            New youth unemployment program in the works?                        <\/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\/07\/13\/new-youth-unemployment-program-in-the-works\/\" 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\/07\/13\/new-youth-unemployment-program-in-the-works\/')\">\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\/07\/13\/new-youth-unemployment-program-in-the-works\/\">\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=New youth unemployment program in the works?&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/new-youth-unemployment-program-in-the-works\/\">\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\/07\/13\/new-youth-unemployment-program-in-the-works\/&title=New youth unemployment program in the works?\">\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=New+youth+unemployment+program+in+the+works%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fnew-youth-unemployment-program-in-the-works%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\/07\/13\/new-youth-unemployment-program-in-the-works\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645189\" class=\"content-area-description single-story post-645189 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>New youth unemployment program in the works? <\/strong>Investment and International Cooperation Minister Sahar Nasr discussed Egypt\u2019s new youth employment program with representatives from the International Labor Organization, the World Bank, the African Development Bank, USAID, the Japanese International Cooperation Agency, <a href=\"https:\/\/ent.news\/2017\/7\/891.pdf\">according to a ministry statement (pdf)<\/a>. The program aims to provide 1 mn young citizens with employment opportunities over the next three years. The opportunities will be divided among the major economic sectors, entrepreneurship, and sustainable businesses in low-income areas.<\/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=\"645191\" 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=\"645191\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/\">\r\n                            Shell repays Idku loan ahead of schedule                        <\/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\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/\" 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\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/')\">\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\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/\">\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=Shell repays Idku loan ahead of schedule&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/\">\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\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/&title=Shell repays Idku loan ahead of schedule\">\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=Shell+repays+Idku+loan+ahead+of+schedule+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fshell-repays-idku-loan-ahead-of-schedule%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\/07\/13\/shell-repays-idku-loan-ahead-of-schedule\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645191\" class=\"content-area-description single-story post-645191 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Royal Dutch Shell repaid the final installment in the second tranche of a USD 2 bn loan issued to BG to build the Idku liquefaction plant ahead of schedule, a statement from the Petroleum Ministry <a href=\"http:\/\/www.almalnews.com\/Story\/339823\/59\/%D8%B4%D9%84-%D8%AA%D8%B3%D8%AF%D8%AF-%D8%A2%D8%AE%D8%B1-%D8%AF%D9%81%D8%B9%D8%A9-%D9%85%D9%86-%D9%82%D8%B1%D8%B6-%D9%85%D8%B5%D9%86%D8%B9-%D8%A7%D9%84%D8%A5%D8%B3%D8%A7%D9%84%D8%A9-%D8%A8%D8%A5%D8%AF%D9%83%D9%88\">picked up by Al Mal says<\/a>. The company had <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/03\/shell-completes-repayment-of-idku-liquefaction-plant-loan-in-december-2017\/\">said in January<\/a> that it would complete the payments by December 2017. The Egyptian General Petroleum Corporation had agreed to pay USD 480 mn of the first installment due to the Idku plant halting operations in 2012.<\/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=\"645193\" 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=\"645193\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/\">\r\n                            Ships at Damietta Port piers now required to purchase power from port\u2019s authority                        <\/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\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/\" 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\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/')\">\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\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/\">\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=Ships at Damietta Port piers now required to purchase power from port\u2019s authority&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/\">\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\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/&title=Ships at Damietta Port piers now required to purchase power from port\u2019s authority\">\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=Ships+at+Damietta+Port+piers+now+required+to+purchase+power+from+port%E2%80%99s+authority+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority%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\/07\/13\/ships-at-damietta-port-piers-now-required-to-purchase-power-from-ports-authority\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645193\" class=\"content-area-description single-story post-645193 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Ships docked at the Damietta Port will now have to purchase electricity from the port authority at USD 0.50 per kWh, <a href=\"http:\/\/www.almalnews.com\/Story\/339743\/58\/%D9%85%D9%8A%D9%86%D8%A7%D8%A1-%D8%AF%D9%85%D9%8A%D8%A7%D8%B7-%D9%8A%D9%84%D8%B2%D9%85-%D8%A7%D9%84%D8%B3%D9%81%D9%86-%D8%A8%D8%B4%D8%B1%D8%A7%D8%A1-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A1-%D8%A3%D8%AB%D9%86%D8%A7%D8%A1-%D8%AA%D9%88%D8%A7%D8%AC%D8%AF%D9%87%D8%A7-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%A3%D8%B1%D8%B5%D9%81%D8%A9\">Al Mal reports<\/a>. Ships will be allowed to use their generators only while loading and unloading cargo, the Damietta Port Authority decided in a bid to boost its USD revenues. The decision, which was originally made in February 2016 and delayed, was met with severe resistance from shipping companies, an unnamed source from the Damietta Chamber of Shipping tells the newspaper. This comes as we wait for new unified fees for ports <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/on-the-horizon-149\/\">next month<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645194\" 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=\"645194\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/\">\r\n                            Eastern Company raises low-cost Cleopatra cigarettes prices by 4.2%-17.6%                        <\/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\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/\" 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\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/')\">\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\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/\">\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=Eastern Company raises low-cost Cleopatra cigarettes prices by 4.2%-17.6%&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/\">\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\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/&title=Eastern Company raises low-cost Cleopatra cigarettes prices by 4.2%-17.6%\">\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=Eastern+Company+raises+low-cost+Cleopatra+cigarettes+prices+by+4.2%25-17.6%25+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Feastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6%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\/07\/13\/eastern-company-raises-low-cost-cleopatra-cigarettes-prices-by-4-2-17-6\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645194\" class=\"content-area-description single-story post-645194 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><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> The Eastern Tobacco Company hiked prices for three of its Cleopatra products by 4.2-17.6% due to increasing production costs, Chairman <a href=\"http:\/\/www.reuters.com\/article\/egypt-economy-eastern-company-idUSL8N1K3248\">Mohamed Othman Haroun tells Reuters<\/a>. The company justified the increases with the 100 bps rise in the value-added tax (VAT) that came into effect with the start of the new fiscal year, in a filing to the bourse <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1161457\">picked up by AMAY<\/a>. The Finance Ministry\u2019s VAT commissioner was quick to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1161511\">quash these claims<\/a>, explaining that VAT for cigarettes is calculated under a separate system. Vice Minister of Finance Amr El Monayer had previously said that the prices of cigarettes <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/what-were-tracking-on-02-july-2017\/\">would not rise<\/a> after the VAT rises. <a href=\"http:\/\/gate.ahram.org.eg\/News\/1551729.aspx\">Ahram Gate<\/a>, however, is reporting that the Finance Ministry did tell the company it wants revenues from the company to increase 50%. The Tax Authority <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MofNews\/WhatsNew\/Pages\/latestnews-a1-12-7-17.aspx\">said in a statement<\/a>, however, that the decision to raise prices came from the company and not under the direction of any state authority. Japan Tobacco International and British American Tobacco will not be hiking prices, company representatives <a href=\"https:\/\/alborsanews.com\/2017\/07\/12\/1037088\">tell Al Borsa<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645197\" 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=\"645197\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/\">\r\n                            Health Ministry advises citizens against buying infant formula from private pharmacies                        <\/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\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/\" 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\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/')\">\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\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/\">\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=Health Ministry advises citizens against buying infant formula from private pharmacies&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/\">\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\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/&title=Health Ministry advises citizens against buying infant formula from private pharmacies\">\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=Health+Ministry+advises+citizens+against+buying+infant+formula+from+private+pharmacies+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fhealth-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies%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\/07\/13\/health-ministry-advises-citizens-against-buying-infant-formula-from-private-pharmacies\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645197\" class=\"content-area-description single-story post-645197 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Citizens should stop purchasing infant formula from private-sector pharmacies, since the government has large quantities of subsidized formula on offer through its retail outlets, Health Ministry spokesperson Khaled Megahed said on Wednesday, <a href=\"https:\/\/alborsanews.com\/2017\/07\/12\/1036972\">according to Al Borsa<\/a>. Pharmacists were naturally outraged by the remarks, accusing the government of trying to ruin business for them and squeeze them out of the infant formula market. After a severe shortage in the product <a href=\"https:\/\/enterprise.press\/stories\/2016\/09\/04\/babies-in-arms-mothers-stage-protest-over-lack-of-subsidized-infant-formula\/\">last year<\/a>, the Armed Forces had stepped in to begin importing formula that they would sell through pharmacies at reduced prices of EGP 30 instead of EGP 60 per pack.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645198\" 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=\"645198\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/\">\r\n                            Samsung manufactures QLED TV in Beni Suef                        <\/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\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/\" 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\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/')\">\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\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/\">\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=Samsung manufactures QLED TV in Beni Suef&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/\">\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\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/&title=Samsung manufactures QLED TV in Beni Suef\">\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=Samsung+manufactures+QLED+TV+in+Beni+Suef+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fsamsung-manufactures-qled-tv-in-beni-suef%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\/07\/13\/samsung-manufactures-qled-tv-in-beni-suef\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645198\" class=\"content-area-description single-story post-645198 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Samsung Egypt began to locally manufacture its latest TV model, the QLED, at its USD 270 mn Beni Suef plant, Vice Chairman Sherif Barakat tells <a href=\"https:\/\/dailynewsegypt.com\/2017\/07\/12\/samsung-manufactures-recent-qled-tv-beni-suef\/\">Daily News Egypt<\/a>. The plant will export about 2.8 mn screens to over 36 countries in the MENA region.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645199\" 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=\"645199\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/\">\r\n                            NBE to provide social mid-income housing project Dar Misr with EGP 2 bn                        <\/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\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/\" 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\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/')\">\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\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/\">\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=NBE to provide social mid-income housing project Dar Misr with EGP 2 bn&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/\">\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\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/&title=NBE to provide social mid-income housing project Dar Misr with EGP 2 bn\">\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=NBE+to+provide+social+mid-income+housing+project+Dar+Misr+with+EGP+2+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fnbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn%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\/07\/13\/nbe-to-provide-social-mid-income-housing-project-dar-misr-with-egp-2-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645199\" class=\"content-area-description single-story post-645199 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Bank of Egypt (NBE) has agreed to provide EGP 2 bn in funding for clients looking to finance residential units in the social mid-income housing project Dar Misr before the end of 2017, Retail Credit Risk division head Karim Sous <a href=\"http:\/\/www.almalnews.com\/Story\/339767\/12\/%D8%A7%D9%84%D8%A3%D9%87%D9%84%D9%89-%D9%8A%D8%B6%D8%AE-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D9%89-%D8%AC%D9%86%D9%8A%D9%87-%D9%81%D9%89-%D8%AF%D8%A7%D8%B1-%D9%85%D8%B5%D8%B1\">tells Al Mal<\/a>. The amount is expected to finance around 5,000 units in Dar Misr developments across the country. Housing and Development Bank Chairman Fathy El Sebai had previously told the newspaper that he expects banks that signed onto the Dar Misr initiative to provide the project with a collective EGP 100 bn in financing during its four years of development.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645200\" 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=\"645200\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/\">\r\n                            Dutch investors interested in establishing tourism project west of Suez Canal                        <\/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\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/\" 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\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/')\">\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\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/\">\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=Dutch investors interested in establishing tourism project west of Suez Canal&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/\">\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\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/&title=Dutch investors interested in establishing tourism project west of Suez Canal\">\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=Dutch+investors+interested+in+establishing+tourism+project+west+of+Suez+Canal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fdutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal%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\/07\/13\/dutch-investors-interested-in-establishing-tourism-project-west-of-suez-canal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645200\" class=\"content-area-description single-story post-645200 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Dutch investors are in talks with Egyptian officials, in coordination with the Egyptian-Dutch Advisory Council for Water Management, to establish a tourism project to the west of the Suez Canal, <a href=\"http:\/\/www.almalnews.com\/Story\/339750\/15\/%D9%85%D8%A8%D8%A7%D8%AD%D8%AB%D8%A7%D8%AA-%D9%85%D8%B9-%D9%87%D9%88%D9%84%D9%86%D8%AF%D8%A7-%D9%84%D8%AA%D9%86%D9%81%D9%8A%D8%B0-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%B3%D9%8A%D8%A7%D8%AD%D9%89-%D8%B6%D8%AE%D9%85\">Al Mal reports<\/a>. No information was given on the size of the investment or who these \u201cmysterious\u201d investors were.<\/p>\n<p>!_StoryHed_ UAE\u2019s Etihad Airways to increase number of flights to Cairo this year<\/p>\n<p>Abu Dhabi\u2019s Etihad Airways plans to increase its number of flights to Cairo by October to 35 a week from a current 28 to keep up with the spike in demand, <a href=\"https:\/\/www.thenational.ae\/business\/aviation\/etihad-adds-more-flights-to-egypt-and-nigeria-1.530627\">The National says<\/a>.The carrier will also increasing flights to Nigeria.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645201\" 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=\"645201\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/\">\r\n                            Transport Authority to buy buses from MAN-Kastour for EGP 35 mn, launches new WiFi-equipped buses in Cairo                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Transport Authority to buy buses from MAN-Kastour for EGP 35 mn, launches new WiFi-equipped buses in Cairo&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/&title=Transport Authority to buy buses from MAN-Kastour for EGP 35 mn, launches new WiFi-equipped buses in Cairo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Transport+Authority+to+buy+buses+from+MAN-Kastour+for+EGP+35+mn%2C+launches+new+WiFi-equipped+buses+in+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Ftransport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/transport-authority-to-buy-buses-from-man-kastour-for-egp-35-mn-launches-new-wifi-equipped-buses-in-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645201\" class=\"content-area-description single-story post-645201 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>The Public Transport Authority signed a EGP 35 mn agreement with MAN-Kastour for 13 double-decker buses, authority chief Rizk Ali says, <a href=\"https:\/\/alborsanews.com\/2017\/07\/12\/1036974%20\">according to Al Borsa<\/a>. The buses will be operational at the start of 2018 and serve as a replacement to the Heliopolis tram that was retired in 2014. Another tender will be issued soon for new buses in other areas in Cairo. In the meantime, the Public Transport Authority has also launched a new line of buses, equipped with WiFi, air conditioning, and an e-ticketing system, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/273514\/Egypt\/Politics-\/New-airconditioned,-WiFi-connected-buses-hit-the-s.aspx\">Ahram Online reports.<\/a> A ride on one of these 26-seaters, which were provided in collaboration with private transport company Mowasalat Misr, will set you back EGP 5, <a href=\"http:\/\/www.egyptindependent.com\/cairo-launches-new-buses-with-wi-fi-ac-electronic-ticket-service\/\">according to AMAY<\/a> \u2014 a far cry from the EGP 1 and EGP 2 charged on regular public buses. 10 vehicles were put into service last week, with 30 more set to hit the streets by 1 August, according to Ali. The Transport Authority plans to \u201cimpose a strict system of regular maintenance \u201dto ensure that service quality remains at its highest.<\/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=\"645203\" 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=\"645203\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/\">\r\n                            Egyptian startup uses cooking oil for biodiesel                        <\/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\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/\" 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\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/')\">\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\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian startup uses cooking oil for biodiesel&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/\">\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\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/&title=Egyptian startup uses cooking oil for biodiesel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+startup+uses+cooking+oil+for+biodiesel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fegyptian-startup-uses-cooking-oil-for-biodiesel%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\/07\/13\/egyptian-startup-uses-cooking-oil-for-biodiesel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645203\" class=\"content-area-description single-story post-645203 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>Egyptian startup <\/strong><a href=\"https:\/\/www.facebook.com\/Greenpan.service\/\"><strong>Green Pan<\/strong><\/a><strong> is planning to expand its operations into Alexandria, <\/strong>according to Thomson Reuters\u2019 <a href=\"https:\/\/www.mysalaam.com\/en\/story\/why-this-egyptian-start-up-wants-your-used-cooking-oil\/SALAAM12072017051617\">MySalaam.com<\/a>. Green Pan, which collects cooking oil from households and converts it to biodiesel, launched last year under the umbrella of renewable energy and waste management firm Tagaddod. \u201cWith a five-litre minimum order, along with an incentive scheme offering one litre of soap for every five litres donated \u2026 the collection process became easier and more efficient,\u201d co-founder Ahmed Raafat says. Supported by our good friends at Flat6Labs, Tagaddod now mass produces and exports biodiesel.<\/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=\"645204\" 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=\"645204\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/by-the-numbers-14\/\">\r\n                            BY THE NUMBERS                        <\/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\/07\/13\/by-the-numbers-14\/\" 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\/07\/13\/by-the-numbers-14\/')\">\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\/07\/13\/by-the-numbers-14\/\">\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=BY THE NUMBERS&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/13\/by-the-numbers-14\/\">\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\/07\/13\/by-the-numbers-14\/&title=BY THE NUMBERS\">\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=BY+THE+NUMBERS+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F13%2Fby-the-numbers-14%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\/07\/13\/by-the-numbers-14\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645204\" class=\"content-area-description single-story post-645204 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.8493 | Sell 17.9478<\/p>\n<p><strong>EGP \/ USD at CIB:<\/strong> Buy 17.86 | Sell 17.96<\/p>\n<p><strong>EGP \/ USD at NBE: <\/strong>Buy 17.82 | Sell 17.92<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 13,690 (0.0%)<br \/>\n <strong>Turnover:<\/strong> EGP 917 mn (33% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +10.9%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session almost flat. CIB, the index heaviest constituent ended up 0.2%. EGX30\u2019s top performing constituents were: Amer Group up 6.1%, Porto Group up 5.7%, and Credit Agricole up 2.8%. Yesterday\u2019s worst performing stocks were: Domty down 3.1%, Juhayna down 2.9%, and Oriental Weavers down 1.8%. The market turnover was EGP 917 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +9.1 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +39.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -48.9 mn<\/p>\n<p><strong>Retail<\/strong>: 69.2% of total trades | 68.7% of buyers | 69.7% of sellers<br \/>\n <strong>Institutions<\/strong>: 30.8% of total trades | 31.3% of buyers | 30.3% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 14.5% of total | 15.0% of buyers | 14.1% of sellers<br \/>\n <strong>Regional:<\/strong> 11.2% of total | 13.4% of buyers | 9.0% of sellers<br \/>\n <strong>Domestic:<\/strong> 74.3% of total | 71.6% of buyers | 76.9% of sellers<\/p>\n<hr class=\"grey-line\">\n<p><span style=\"color: #299a0b; font-weight: bold;\">***<br \/>\nPHAROS VIEW<\/span><\/p>\n<\/p>\n<p><strong>The Exchange Rate Questions \u2014 The Impact of Sterilization, Reasons for Appreciation, and Outlook<\/strong>: In its latest report, Pharos Holdings studies the classification of the EGP exchange rate regime as flexible by looking at the monthly fluctuations of the exchange rate and the volatility of FX reserves. Pharos notes that the exchange rate shifted from a flexible regime in FY2002-03, then reverted to a de facto managed exchange rate, before turning into a flexible exchange rate in FY2016-17. The report looks at questions on the limit of the EGP depreciation, its recent appreciate, and the CBE\u2019s sterilization of hot monetary inflows, and concludes that Egypt has indeed shifted to a flexible regime since the CBE free floated the EGP on 3 November, 2016. <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/07\/The-EGP-Exchange-Rate-Questions.pdf\"><strong>Tap here for the full report (pdf)<\/strong><\/a>.<\/p>\n<p><p><span style=\"color: #299a0b; font-weight: bold;\">***<\/span><\/p>\n<hr class=\"grey-line\">\n<p><strong>WTI:<\/strong> USD 45.29 (-0.44%)<br \/>\n <strong>Brent:<\/strong> USD 47.56 (-0.38%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.00 MMBtu, (+0.64%, August 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,218.10 \/ troy ounce (-0.08%)<br \n<\/p>\n<p><strong>TASI:<\/strong> 7,306.58 (+0.84%) (YTD: +1.33%)<br \/>\n <strong>ADX:<\/strong> 4,409.53 (+0.02%) (YTD: -3.01%)<br \/>\n <strong>DFM:<\/strong> 3,494.44 (+1.59%) (YTD: -1.03%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 404.96 (+0.01%) (YTD: +6.54%)<br \/>\n <strong>QE:<\/strong> 9,280.38 (+2.77%) (YTD: -11.08%)<br \/>\n <strong>MSM:<\/strong> 5,170.23 (-0.02%) (YTD: -10.59%)<br \/>\n <strong>BB: <\/strong>1,317.14 (+0.41%) (YTD: +7.92%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-markets-yesterday\/\">The markets yesterday<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645205\" 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\/07\/13\/645205\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645205\" class=\"content-area-description single-story post-645205 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>13-15 July (Thursday-Saturday): <a href=\"http:\/\/www.agrena.net\/\">AGRENA<\/a>\u2019s 19<sup>th<\/sup> Annual Poultry, Livestock, and Fish show, Cairo International Convention Center, Cairo.<\/p>\n<p>15-19 July (Saturday-Wednesday): <a href=\"http:\/\/www.geomeast2017.org\/\">SSIGE\u2019s GeoMEast 2017 International Congress and Exhibition<\/a>, Sharm El Sheikh.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>03-05 August (Thursday-Saturday): <a href=\"http:\/\/www.watrexexpo.com\/site\/\">Watrex Expo<\/a> Middle East, Cairo International Exhibition & Convention Center.<\/p>\n<p>17 August (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>26 August (Saturday): 27th <a href=\"http:\/\/www.moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8121\">Egyptian-Jordanian Joint Higher Committee<\/a> meeting, Amman Jordan. (TBC).<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/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>13-16 September (Wednesday-Saturday): <a href=\"http:\/\/cairofashiontex.com\/\">Cairo Fashion & Tex exhibition<\/a>, Cairo International Conference Center<\/p>\n<p>17-19 September (Sunday-Tuesday): Pipeline-Pipe-Sewer-Technology <a href=\"https:\/\/www.pipelinepipesewer.com\/\">Conference & Exhibition<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>18-19 September (Monday-Tuesday): <a href=\"http:\/\/www.euromoneyconferences.com\/egypt.html?PageID=206706&SeriesID=11\">Euromoney Egypt conference<\/a>, venue TBD.<\/p>\n<p>20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<p>25-27 September (Monday-Wednesday): <a href=\"http:\/\/egypt.wraconferences.com\/\">Egypt Downstream Summit and Exhibition<\/a>, Kempinski Royal Maxim Palace, Cairo.<\/p>\n<p>23-25 September (Saturday-Monday): <a href=\"http:\/\/investinafrica2017.com\/4.html\">Invest In Africa Conference and Exhibitors Summit<\/a>, Gala Theater Complex, Cairo.<\/p>\n<p>28 September (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/p>\n<p>03-05 October (Tuesday-Thursday): J.P. Morgan\u2019s <a href=\"https:\/\/www.jpmorgan.com\/country\/US\/EN\/detail\/1395980361643\">Credit and Equities Emerging Markets Conference<\/a>, London, UK.<\/p>\n<p>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>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>18-20 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>16 November (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee to review policy rates.<\/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>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\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":645164,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-645163","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"189bfcb5-4b99-45da-be6a-e9e8311999c2","teaser":"","photo_url":"https:\/\/ent.news\/2016\/9\/68.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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