{"id":645513,"date":"2017-07-24T03:43:44","date_gmt":"2017-07-24T03:43:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=645513"},"modified":"2025-12-17T19:47:52","modified_gmt":"2025-12-17T19:47:52","slug":"leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund\/","title":{"rendered":"Leak suggests banks face term limits for bosses, 5% tithe to industry fund"},"content":{"rendered":"<section id=\"645515\" 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=\"645515\">\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\/24\/what-were-tracking-on-24-july-2017\/\">\r\n                            What we\u2019re tracking on 24 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\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-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 24 July 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-july-2017\/&title=What we\u2019re tracking on 24 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+24+July+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fwhat-were-tracking-on-24-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\/24\/what-were-tracking-on-24-july-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645515\" class=\"content-area-description single-story post-645515 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>We enter August a week from tomorrow<\/strong>, with all of the earnings season insanity that entails. It\u2019s then a quick slide into the Eid Al Adha long weekend (starting Thursday, 31 August \u2014 TBD) and then planning for 2018. <strong>Anyone else feeling this year went by awfully quickly?<\/strong> If you, like at least one of us, are already contemplating 2018 in terms of health \/ waistline resolutions that you hope might pay dividends during next year\u2019s Sahel season, you\u2019ll want to go read Gary Taubes\u2019 \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/07\/19\/well\/eat\/are-you-a-carboholic-why-cutting-carbs-is-so-tough.html\"><strong>Are You a Carboholic? Why Cutting Carbs Is So Tough<\/strong><\/a>\u201d for the New York Times. It\u2019s the latest in his crusade to prove to us all that <a href=\"https:\/\/www.nytimes.com\/2017\/01\/13\/opinion\/sunday\/big-sugars-secret-ally-nutritionists.html\">Big Sugar<\/a> is behind global health problems ranging from obesity to diabetes and Alzheimer\u2019s.<\/p><p><strong>Egypt\u2019s economy is expected to grow by 4% this fiscal year before accelerating to 4.3% <\/strong><strong>in FY 2018-19<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-economy-poll-idUSKBN1A5190\">a Reuters poll<\/a> of 15 economists showed. The expectation for FY2017-18\u2019s is in line with the government\u2019s forecast, but respondents\u2019 estimate of 3.5% for the year that just ended is a bit lower than the government\u2019s projection of 3.8-4.0%. The poll also sees median annual core inflation dropping to 12.2% in FY 2018-19 from the projected 17.2% during the current year. Interest rates are also set to fall, economists believe, seeing the overnight lending rate drop to 16.5% by the end of this fiscal year from 19.75% currently, and falling further to 13.50% by the end of FY 2018-19.<\/p><p><strong>Foreign Minister Sameh Shoukry heads to Brussels today for tomorrow\u2019s EU-Egypt <\/strong><strong>Association Council meeting \u2014 the first such event since 2010<\/strong>. <a href=\"https:\/\/www.amnesty.org\/en\/latest\/news\/2017\/07\/eu-egypts-dark-human-rights-record-must-not-be-swept-beneath-carpet\/\">Amnesty International<\/a> is telling the EU not to turn a blind eye to the human rights situation by focusing solely on regional security during the meeting.<\/p><p><strong>The second round of elections for the EGX\u2019s board of directors kicks off today<\/strong>, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1166437\">Al Masry Al Youm reports<\/a>. The <a href=\"https:\/\/enterprise.press\/stories\/2017\/06\/22\/what-were-tracking-on-22-june-2017\/\">first round was held in June<\/a>.<\/p><p><strong>PSA- Zamalek residents should expect Ismail Mohamed Street and Brazil Street to be <\/strong><strong>shut down<\/strong> for preliminary work on the Cairo Metro (face it, folks, it\u2019s coming), according to <a href=\"http:\/\/www.egyptindependent.com\/zamalek-streets-closed-third-metro-line-construction\/\">Egypt Independent<\/a>. Perhaps more alarming is the <strong>Cairo Traffic Administration\u2019s announcement that the Autostrad will be closed from <\/strong>Gabalein to the 15th of May area from this morning and for a period of 30 days, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1166677\">reports Al Masry El Youm<\/a>.<\/p><p><strong>More \u201cdo as I say, not as I do\u201d from the Mad Turk: <\/strong>That Turkish fellow is <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/2\/8\/274093\/World\/Region\/Dont-interfere-in-Turkish-affairs,-Erdogan-tells-G.aspx\">cross with Germany<\/a> for its alleged interference in his domestic affairs. This comes as he <a href=\"http:\/\/www.reuters.com\/article\/us-gulf-qatar-turkey-idUSKBN1A80MQ?il=0\">traveled to KSA and Kuwait yesterday<\/a> to try to meddle in their affairs under the guise of mediating a resolution to the woes presently faced by his pals in Qatar. (<a href=\"https:\/\/www.ft.com\/content\/0719486e-6bbb-11e7-bfeb-33fe0c5b7eaa\">The Financial Times<\/a>, meanwhile, counts the cost to business of the boycott.) But the best thing you can read on Turkey this morning? That would be the New York Times\u2019 piece on the more than 950 businesses worth a combined USD 11 bn that Erdogan\u2019s government has seized in its yearlong political crackdown. Read \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/07\/22\/business\/turkey-akin-ipek-fethullah-gulen-recep-tayyip-erdogan.html\"><strong>Turkey Sees Foes at Work in Gold Mines, Cafes and \u2018Smurf Village\u2019<\/strong><\/a>.\u201d<\/p><p>Finally, two pieces of note from the FT: <a href=\"https:\/\/www.ft.com\/content\/074deede-6d69-11e7-bfeb-33fe0c5b7eaa\"><strong>Vanguard is closing in on BlackRock<\/strong><\/a><strong> as the world\u2019s<\/strong><strong>largest asset manager<\/strong> (thanks in no small part to inflows into ETFs) and the salmon-colored newspaper\u2019s inimitable <a href=\"https:\/\/www.ft.com\/content\/4181b22e-6c57-11e7-bfeb-33fe0c5b7eaa\"><strong>Lucy Kellaway has penned her (kind of) final column<\/strong><\/a> as she prepares to leave the paper and go teach at an inner London school.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645516\" 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=\"645516\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/on-the-horizon-194\/\">\r\n                            On the horizon                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/on-the-horizon-194\/\" 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\/24\/on-the-horizon-194\/')\">\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\/24\/on-the-horizon-194\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/on-the-horizon-194\/\">\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\/24\/on-the-horizon-194\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fon-the-horizon-194%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\/24\/on-the-horizon-194\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645516\" class=\"content-area-description single-story post-645516 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The House of Representatives\u2019 Health Committee will meet in August to discuss a <\/strong><strong>possible second round of med price increases for 2017<\/strong>, <a href=\"https:\/\/alborsanews.com\/2017\/07\/19\/1038751\">according to Al Borsa<\/a>. MPs will review Health Ministry report on pricing that has yet to be made public and that is believed to recommend raising the prices of some 1,320 meds out of 1,400 studied. The Health Ministry had <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/13\/pharma-companies-to-lobby-for-second-med-price-increase-for-august-sources\/\">promised industry<\/a> it would consider a second hike in med prices in August after the <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/15\/health-ministry-issues-new-price-increases-on-meds\/\">rise it permitted in January<\/a>. Health Minister Ahmed Rady had said earlier this month that prices <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/govt-hikes-fuel-prices-55\/\">will not rise again<\/a> this year.<\/p>\n<p><strong>Egypt\u2019s freetrade agreement with Mercosur countries will come into effect in a <\/strong><strong>month.<\/strong> This comes after Argentina notified the group that it has ratified the pact, Argentina's Production Ministry said, <a href=\"https:\/\/www.reuters.com\/article\/us-argentina-egypt-trade-idUSKBN1A500B?il=0\">Reuters reports<\/a>. The agreement covers food, cars, auto parts, and industrial supplies. It is set to eliminate tariffs on 60% of Argentina\u2019s exports, in addition to reducing tariffs for other products over 10 years. It will also lift fees on Argentina\u2019s imports of Egyptian beef, pears, apples, cars, and auto parts.<\/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=\"645517\" 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=\"645517\">\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\/24\/last-nights-talk-shows-is-still-on-vacation\/\">\r\n                            Last night\u2019s talk shows is still on vacation                        <\/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\/24\/last-nights-talk-shows-is-still-on-vacation\/\" 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\/24\/last-nights-talk-shows-is-still-on-vacation\/')\">\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\/24\/last-nights-talk-shows-is-still-on-vacation\/\">\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=Last night\u2019s talk shows is still on vacation&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/last-nights-talk-shows-is-still-on-vacation\/\">\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\/24\/last-nights-talk-shows-is-still-on-vacation\/&title=Last night\u2019s talk shows is still on vacation\">\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=Last+night%E2%80%99s+talk+shows+is+still+on+vacation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Flast-nights-talk-shows-is-still-on-vacation%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\/24\/last-nights-talk-shows-is-still-on-vacation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645517\" class=\"content-area-description single-story post-645517 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>Last Night\u2019s Talk Shows is on summer hiatus until this coming Sunday<\/strong>. Enjoy the break from the talking heads \u2014 we certainly have.<\/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=\"645518\" 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=\"645518\">\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\/24\/al-mal-leaks-amendments-to-banking-acts\/\">\r\n                            Al Mal leaks amendments to banking acts                        <\/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\/24\/al-mal-leaks-amendments-to-banking-acts\/\" 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\/24\/al-mal-leaks-amendments-to-banking-acts\/')\">\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\/24\/al-mal-leaks-amendments-to-banking-acts\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Mal leaks amendments to banking acts&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/al-mal-leaks-amendments-to-banking-acts\/\">\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\/24\/al-mal-leaks-amendments-to-banking-acts\/&title=Al Mal leaks amendments to banking acts\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Mal+leaks+amendments+to+banking+acts+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fal-mal-leaks-amendments-to-banking-acts%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\/24\/al-mal-leaks-amendments-to-banking-acts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645518\" class=\"content-area-description single-story post-645518 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a id=\"tldr-story-01\" class=\"content-anchor\"><\/a> <strong>Purported amendments to the banking and central banking acts have leaked:<\/strong> <a href=\"http:\/\/www.almalnews.com\/Story\/340655\/12\/5-%D9%85%D9%81%D8%A7%D8%AC%D8%A2%D8%AA-%D9%83%D8%A8%D8%B1%D9%89-%D9%81%D9%89-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D9%84%D8%AC%D9%87%D8%A7%D8%B2-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%81%D9%89\">Al Mal has published<\/a> its take on what it says are leaks of the most important planks of the Central Bank of Egypt\u2019s proposed amendments to the banking and central banking acts. It says there are five major surprises in the proposed amendments:<\/p>\n<ul type=\"disc\">\n<li><strong>Imposing term limits for bank executives<\/strong> and giving the CBE new powers to appoint representatives to bank boards of directors, while also setting new criteria for the selection of senior central bank staff to make the institution \u201capolitical\u201d;<\/li>\n<li><strong>Requiring banks to pass on 5% of their net income to a sector development fund<\/strong>, alongside other fees payable to the central bank, some of which are rising tenfold;<\/li>\n<li><strong>Expanding its sway over non-bank financial services<\/strong> by saying it has \u201copened licensing and registration to new institutions\u201d such as providers of e-payment services;<\/li>\n<li><strong>Increasing the minimum capital requirements<\/strong> for CBE-compliant financial institutions, setting a minimum capital of EGP 1.5 bn for banks;<\/li>\n<li>Accepting that we are no longer in the 1980s by recognizing electronic documents and <strong>no longer requiring banks to preserve documents on paper<\/strong> through antiquated means like microfilm.<\/li>\n<\/ul>\n<p><strong>Banking industry rejects what it sees as the more \u2018controversial\u2019 clauses of CBE Act:<\/strong> The Federation of Egyptian Banks (FEB) wants to scrap the proposed term limits outlined in article 109, which they claim would see a number of current CEOs and managing directors removed. That\u2019s the key takeaway from a rundown on the FEB\u2019s views on the law <a href=\"http:\/\/www.almalnews.com\/Story\/340651\/12\/%D8%A7%D9%86%D9%81%D8%B1%D8%A7%D8%AF---%D8%AA%D9%88%D8%B5%D9%8A%D8%A7%D8%AA-%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D8%B9%D9%84%D9%89-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AC%D9%87%D8%A7%D8%B2-%D8%A7%D9%84\">published in Al Mal<\/a>. Term limits, they argue, would infringe on the rights of bank boards of directors and general assemblies. Other <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=23072017&id=4155cce2-1e17-4131-844a-0cfac289f45c\">banking sources telling Al Shorouk<\/a> that the article simply adds another layer of review to the appointment of bank bosses, but would not impose term limits. There is no official copy of the amendments for us to verify whether the article would restore term limits for banking sector heads <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/20\/proposed-amendments-to-the-cbe-and-banking-acts-could-enshrine-term-limits-for-mds\/\">as was reported last week<\/a>.<\/p>\n<p>Bankers are also concerned that the proposed amendments would <strong>no longer require the <\/strong><strong>House of Representatives to sign off the appointment of a CBE governor.<\/strong> Others have also objected to clauses that place the CBE under the jurisdictions of the presidency, saying that the move would make the CBE no longer an independent authority as it currently is.<\/p>\n<p><strong>Amendments to the Banking Act would make establishing an FX bureau harder, <\/strong>raising the minimum capital requirements for starting an FX bureau to EGP 20 mn, up from a current EGP 5 mn, <a href=\"http:\/\/www.almalnews.com\/Story\/340713\/12\/%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF-%D9%8A%D8%BA%D9%84%D9%82-%D8%A7%D9%84%D8%A8%D8%A7%D8%A8-%D8%A7%D9%84%D8%A3%D8%AE%D9%8A%D8%B1-%D8%A3%D9%85%D8%A7%D9%85-%D8%A7%D9%84%D8%B5%D8%B1%D8%A7%D9%81%D8%A7%D8%AA\">according to Al Mal<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"645535\" 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=\"645535\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/\">\r\n                            Death of eight members of Hasm tops coverage of Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Death of eight members of Hasm tops coverage of Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/&title=Death of eight members of Hasm tops coverage of Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Death+of+eight+members+of+Hasm+tops+coverage+of+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fdeath-of-eight-members-of-hasm-tops-coverage-of-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/death-of-eight-members-of-hasm-tops-coverage-of-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645535\" class=\"content-area-description single-story post-645535 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>Topping coverage of Egypt in the foreign press this morning pickups of <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-security-idUSKBN1A80KS\"><strong>wire coverage <\/strong><\/a><strong>of a <\/strong><strong>shootout that saw security forces kill eight suspected Hasm militants <\/strong>over the weekend. Security forces said that the group was found in a training camp in a southern desert region. Eight others were arrested in Giza.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-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=\"645541\" 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=\"645541\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/\">\r\n                            Egypt has a chance to poach German tourists from Turkey                        <\/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\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/\" 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\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/')\">\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\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/\">\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 has a chance to poach German tourists from Turkey&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/\">\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\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/&title=Egypt has a chance to poach German tourists from Turkey\">\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+has+a+chance+to+poach+German+tourists+from+Turkey+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fegypt-has-a-chance-to-poach-german-tourists-from-turkey%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\/24\/egypt-has-a-chance-to-poach-german-tourists-from-turkey\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645541\" class=\"content-area-description single-story post-645541 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>Egypt has a chance to poach German tourists from Turkey<\/strong> as tensions mount between Ankara and Berlin. The latest development: Germany warning its citizens against traveling to Turkey, Emad El Din Hussein <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=23072017&id=c6e387e8-1dad-4f71-a70b-e76059817580\">writes in Al Shorouk<\/a>. With the right strategy, Egypt can benefit from the situation, particularly since Germany did not take any punitive measures against Egypt following the stabbings in Hurghada last week, Hussein says.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"645542\" 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=\"645542\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/\">\r\n                            Forbes Middle East profiles Deputy CBE Governor Lobna Helal                        <\/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\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/\" 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\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/')\">\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\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/\">\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=Forbes Middle East profiles Deputy CBE Governor Lobna Helal&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/\">\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\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/&title=Forbes Middle East profiles Deputy CBE Governor Lobna Helal\">\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=Forbes+Middle+East+profiles+Deputy+CBE+Governor+Lobna+Helal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fforbes-middle-east-profiles-deputy-cbe-governor-lobna-helal%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\/24\/forbes-middle-east-profiles-deputy-cbe-governor-lobna-helal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645542\" class=\"content-area-description single-story post-645542 post type-post status-publish format-standard hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Profiling \u201chistory-making\u201d Lobna Helal:<\/strong> <a href=\"http:\/\/www.forbesmiddleeast.com\/en\/lobna-helal-a-female-pioneer-in-egypts-banking-sector\/\">Forbes Middle East profiled deputy central bank governor Lobna Helal<\/a>, who they picked as the <a href=\"http:\/\/www.forbesmiddleeast.com\/en\/list\/the-100-most-powerful-arab-businesswomen\/item\/2\/\">number two<\/a> most powerful Arab businesswoman. Samuel Wendel says \u201cHelal is no stranger to making history\u2014or navigating turmoil\u2026 When presented with the opportunity of returning to the CBE in 2015\u2014and taking on the immense responsibilities that came with it\u2014she gladly left behind her comfortable private sector job.\u201d None of the challenges that Helal faced before may be as daunting as the monetary reforms now being spearheaded by the central bank, Wendel writes.<\/p>\n<p>Helal started-off with the aim of becoming a diplomat, but her \u201cfall back\u201d move into banking came due to family considerations moving on between banks until she joined the CBE in 2004 to head the banking sector reform unit. Helal played an active role in banking reform during the tenure of Governor Farouk El Okdah, overseeing a \u201cconsolidation program that reduced the number of banks in Egypt from 57 to 39. She coordinated the settlement of non-performing loans that state-owned enterprises had with state-owned banks\u2026 Helal says the overall reforms initiated by the CBE during those years were critical in strengthening the banking sector ahead of an impending era of turmoil.\u201d For Helal, \u201cnothing compares to doing something that can impact the whole nation.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/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=\"645543\" 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=\"645543\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/\">\r\n                            Egypt displeased by US State Department travel warning to Americans                        <\/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\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/\" 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\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/')\">\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\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/\">\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 displeased by US State Department travel warning to Americans&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/\">\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\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/&title=Egypt displeased by US State Department travel warning to Americans\">\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+displeased+by+US+State+Department+travel+warning+to+Americans+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fegypt-displeased-by-us-state-department-travel-warning-to-americans%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\/24\/egypt-displeased-by-us-state-department-travel-warning-to-americans\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645543\" class=\"content-area-description single-story post-645543 post type-post status-publish format-standard hentry category-diplomacy-foreign-trade tag-diplomacy-foreign-trade tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Foreign Ministry is not happy about the US Department of State\u2019s <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/20\/state-department-issues-fresh-travel-warning-for-egypt\/\"><strong>travel warning<\/strong><\/a><strong>on Egypt<\/strong>, and asked the embassy in Washington to relay that message clear to DC, <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1590176431054297\">the ministry said in a statement<\/a>. The statement said it expected the US to show \u201cmore solidarity given the circumstances\u201d and says the warning omits important details about the attacks it references (including the Hurghada stabbings), painting an inaccurate picture about the state of security in Egypt and contradicting earlier statements about how heavily guarded Egyptian touristic sites and public places are.<\/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=\"645547\" 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=\"645547\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/\">\r\n                            Is the Oil Ministry planning further reductions to number of homes to be supplied with gas?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Is the Oil Ministry planning further reductions to number of homes to be supplied with gas?&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/&title=Is the Oil Ministry planning further reductions to number of homes to be supplied with gas?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Is+the+Oil+Ministry+planning+further+reductions+to+number+of+homes+to+be+supplied+with+gas%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fis-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/is-the-oil-ministry-planning-further-reductions-to-number-of-homes-to-be-supplied-with-gas\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645547\" class=\"content-area-description single-story post-645547 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Oil Ministry\u2019s resources can only cover connecting 500K homes with natural gas, said Deputy Oil Minister Mohamed Radwan, <a href=\"http:\/\/www.youm7.com\/story\/2017\/7\/24\/%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%A7%D9%84%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%85%D9%82%D8%AF%D9%85-%D9%85%D9%86-%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D9%8A%D9%83%D9%81%D9%89-%D9%84%D8%AA%D9%88%D8%B5%D9%8A%D9%84-%D8%A7%D9%84%D8%BA%D8%A7%D8%B2-%D9%84%D9%80500-%D8%A3%D9%84%D9%81\/3335949\">according to Youm7<\/a>. He blames a lack of funding by the government for this predicament. Earlier this month, <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/17\/oil-ministry-scales-back-targets-for-installing-natural-gas-in-homes\/\">the ministry said it was lowering its target for number of homes<\/a> it plans to connect to the natural gas grid in FY2017-18 to 600K from 1 mn. Radwan\u2019s statement could imply further cuts to that target.<\/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=\"645549\" 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=\"645549\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/\">\r\n                            Agriculture Ministry to begin spot tests for pesticide contamination                        <\/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\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/\" 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\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/')\">\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\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Agriculture Ministry to begin spot tests for pesticide contamination&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/\">\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\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/&title=Agriculture Ministry to begin spot tests for pesticide contamination\">\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=Agriculture+Ministry+to+begin+spot+tests+for+pesticide+contamination+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fagriculture-ministry-to-begin-spot-tests-for-pesticide-contamination%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\/24\/agriculture-ministry-to-begin-spot-tests-for-pesticide-contamination\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645549\" class=\"content-area-description single-story post-645549 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Agriculture Ministry tasked a committee with periodically testing agriculture products for pesticide levels to make sure they remain within the acceptable range, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1166412\">AMAY reported<\/a> on Sunday. The committee will conduct its first round of tests this week in eight governorates, including Cairo, Alexandria, Giza, and Qalyubia, as a first phase, and will include in its reports recommendations on how to improve the quality of products and eliminate with contaminants. The ministry will also be working on an updated system for the treatment of sewage water, which is often repurposed for irrigation.<\/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=\"645552\" 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=\"645552\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/\">\r\n                            El Araby breaks ground on EGP 2.4 bn manufacturing facility                        <\/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\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/\" 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\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/')\">\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\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/\">\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=El Araby breaks ground on EGP 2.4 bn manufacturing facility&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/\">\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\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/&title=El Araby breaks ground on EGP 2.4 bn manufacturing facility\">\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=El+Araby+breaks+ground+on+EGP+2.4+bn+manufacturing+facility+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fel-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility%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\/24\/el-araby-breaks-ground-on-egp-2-4-bn-manufacturing-facility\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645552\" class=\"content-area-description single-story post-645552 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>Trade and Industry Minister Tarek Kabil launched construction on El Araby Group\u2019s EGP 2.4 bn household appliances factory. The facility in Beni Suef will manufacture a wide range of appliances, including refrigerators, washing machines, and air conditioners, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=23072017&id=c45225f6-4ec9-4db4-a1e9-b30f540521a0\">Al Shorouk reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"645554\" 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=\"645554\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/\">\r\n                            Heliopolis Housing launching new housing project at New Heliopolis                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Heliopolis Housing launching new housing project at New Heliopolis&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/&title=Heliopolis Housing launching new housing project at New Heliopolis\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Heliopolis+Housing+launching+new+housing+project+at+New+Heliopolis+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fheliopolis-housing-launching-new-housing-project-at-new-heliopolis%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/heliopolis-housing-launching-new-housing-project-at-new-heliopolis\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645554\" class=\"content-area-description single-story post-645554 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Heliopolis Company for Housing and Development says it is launching a new housing project on 100 feddans at New Heliopolis, <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFFWN1KB0Q7\">Reuters reports<\/a>. The project will take five years and be developed over three phases at a cost of EGP 2 bn and an expected revenue of EGP 4 bn. Heliopolis Housing says it is implementing a strategy change \u201cto develop land and construct residential, commercial projects instead of direct sale of land\u201d and could partner with other real estate investment companies in bid projects.<\/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=\"645555\" 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=\"645555\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/\">\r\n                            Bank Audi considers exiting Arabeya Online Brokerage                        <\/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\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/\" 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\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/')\">\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\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/\">\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=Bank Audi considers exiting Arabeya Online Brokerage&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/\">\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\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/&title=Bank Audi considers exiting Arabeya Online Brokerage\">\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=Bank+Audi+considers+exiting+Arabeya+Online+Brokerage+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fbank-audi-considers-exiting-arabeya-online-brokerage%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\/24\/bank-audi-considers-exiting-arabeya-online-brokerage\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645555\" class=\"content-area-description single-story post-645555 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Bank Audi is considering exiting its investment in Egypt\u2019s Arabeya Online Brokerage, sources close to the matter <a href=\"%20https:\/alborsanews.com\/2017\/07\/23\/1039222\">tell Al Borsa<\/a>. The bank conducted studies to identify the firm's\u2019 strengths and weaknesses and resolve any issues ahead of valuation studies. Audi Bank owns 100% of Arabeya through the Sardar Group.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645556\" 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=\"645556\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/\">\r\n                            Minister of Investment and International Cooperation meets with Gulf businessmen                        <\/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\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/\" 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\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/')\">\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\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/\">\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=Minister of Investment and International Cooperation meets with Gulf businessmen&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/\">\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\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/&title=Minister of Investment and International Cooperation meets with Gulf businessmen\">\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=Minister+of+Investment+and+International+Cooperation+meets+with+Gulf+businessmen+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fminister-of-investment-and-international-cooperation-meets-with-gulf-businessmen%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\/24\/minister-of-investment-and-international-cooperation-meets-with-gulf-businessmen\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645556\" class=\"content-area-description single-story post-645556 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Al-Rajhi\u2019s Zadna intends to increase its investment in Egypt\u2019s agricultural sector to EGP 2 bn over the next five years, as discussed in a meeting between Sahar Nasr, Minister of Investment and International Cooperation and Abdul Wahab Al-Rajhi, chairman of Al-Rajhi Holding Group. As part of a bid to shore-up investment from key Gulf allies, Nasr also met with Moataz Al-Alfi, who was wearing his hats as both chairman of the Egypt Kuwait Business Council and of EK Holding. <a href=\"http:\/\/moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8257\">Ministry statement here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645559\" 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=\"645559\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/\">\r\n                            Documents show German submarine sale to Egypt required Israeli approval                        <\/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\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/\" 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\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/')\">\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\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/\">\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=Documents show German submarine sale to Egypt required Israeli approval&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/\">\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\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/&title=Documents show German submarine sale to Egypt required Israeli approval\">\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=Documents+show+German+submarine+sale+to+Egypt+required+Israeli+approval+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fdocuments-show-german-submarine-sale-to-egypt-required-israeli-approval%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\/24\/documents-show-german-submarine-sale-to-egypt-required-israeli-approval\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645559\" class=\"content-area-description single-story post-645559 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Israel\u2019s contractual approval of Germany\u2019s sale of submarines to Egypt was required in order for ThyssenKrupp to complete the agreement with Egypt, document obtained by <a href=\"http:\/\/www.ynetnews.com\/articles\/0,7340,L-4991895,00.html\">Yedioth Ahronoth showed<\/a>. This is causing a controversy in Israel as Prime Minister Benjamin Netanyahu had denied responsibility for \u201capproving\u201d the sale and said it was not Israel\u2019s decision. <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/20\/germany-told-israel-about-plans-to-sell-submarines-to-egypt\/\">As mentioned in our issue on Thursday<\/a>, Israeli defense officials had objected to the agreement. Israel is particularly concerned about the <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/20\/navy-receives-thyssenkrupp-type-2091400-submarine\/\">most recent sale<\/a> of the submarines because they \u201cwere equal in capabilities to those sold to Israel.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"645561\" 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=\"645561\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/\">\r\n                            Patents awarded in 2016 down by 4.7% y-o-y, 83.8% awarded to foreigners                        <\/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\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/\" 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\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/')\">\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\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/\">\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=Patents awarded in 2016 down by 4.7% y-o-y, 83.8% awarded to foreigners&url=https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/\">\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\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/&title=Patents awarded in 2016 down by 4.7% y-o-y, 83.8% awarded to foreigners\">\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=Patents+awarded+in+2016+down+by+4.7%25+y-o-y%2C+83.8%25+awarded+to+foreigners+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F07%2F24%2Fpatents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners%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\/24\/patents-awarded-in-2016-down-by-4-7-y-o-y-83-8-awarded-to-foreigners\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645561\" class=\"content-area-description single-story post-645561 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>The number of patents awarded by the Egyptian Patents Office in 2016 decreased <\/strong><strong>by 4.7% year-on-year to 450<\/strong>, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1165122\">Al Masry Al Youm<\/a> reports citing CAPMAS. 83.8% of the patents awarded were to foreigners, with US citizens topping the list with 105 patents. Patent filings increased by 4.2% y-o-y in 2016 to 2,197. The Egyptian Trademarks Office awarded 3.5% fewer trademarks in 2016, registering 5,294 during the year. Requests for trademarks dropped by 10.5% y-o-y in 2016 to 10,789. It\u2019s no wonder considering <a href=\"https:\/\/www.youtube.com\/watch?v=q13hN4Qa69Y\">some of the Nobel prize worthy stuff to come out of our geniuses<\/a> (runtime: 0:41).<\/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=\"645563\" 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=\"645563\">\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\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/07\/24\/by-the-numbers-20\/\">\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\/24\/by-the-numbers-20\/\" 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\/24\/by-the-numbers-20\/')\">\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\/24\/by-the-numbers-20\/\">\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\/24\/by-the-numbers-20\/\">\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\/24\/by-the-numbers-20\/&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%2F24%2Fby-the-numbers-20%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\/24\/by-the-numbers-20\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645563\" class=\"content-area-description single-story post-645563 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.8335 | Sell 17.9341<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.85 | Sell 17.95<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.80 | Sell 17.90<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 13,715 (+0.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 741 mn<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +11.1%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.1%. CIB, the index heaviest constituent ended up 0.6%. EGX30\u2019s top performing constituents were: Domty up 3.1%, Madinet Nasr Housing up 1.2%, and Qalaa Holdings up 1.0%. Thursday\u2019s worst performing stocks were: Amer Group down 2.9%, Ezz Steel down 2.6%, and Porto Group down 2.4%. The market turnover was EGP 741 mn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -30.2 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -28.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +58.2 mn<\/p>\n<p><strong>Retail<\/strong>: 61.6% of total trades | 66.8% of buyers | 56.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 38.4% of total trades | 33.2% of buyers | 43.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 24.6% of total | 22.6% of buyers | 26.7% of sellers<br \/>\n <strong>Regional:<\/strong> 9.0% of total | 7.1% of buyers | 10.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 66.4% of total | 70.3% of buyers | 62.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 45.73 (-0.09%)<br \/>\n <strong>Brent:<\/strong> USD 48.03 (-0.06%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.94 MMBtu, (-1.04%, August 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,262.60 \/ troy ounce (+0.13%)<br\n<strong>TASI:<\/strong> 7,263.60 (+0.03%) (YTD: +0.74%)<br \/>\n <strong>ADX:<\/strong> 4,534.79 (-0.39%) (YTD: -0.25%)<br \/>\n <strong>DFM:<\/strong> 3,569.41 (+0.64%) (YTD: +1.86%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 408.48 (+0.19%) (YTD: +7.47%)<br \/>\n <strong>QE:<\/strong> 9,499.75 (-0.45%) (YTD: -8.98%)<br \/>\n <strong>MSM:<\/strong> 4,999.37 (-0.87%) (YTD: -13.55%)<br \/>\n <strong>BB: <\/strong>1,323.06 (+0.20%) (YTD: +8.41%)<\/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=\"645564\" 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\/24\/645564\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-645564\" class=\"content-area-description single-story post-645564 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>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<p>17-21 February 2018 (Wednesday-Saturday): <a href=\"http:\/\/www.bwe21.com\/Events\">Women For Success - Women SME's \"World of Possibilities\"<\/a> Conference, Cairo\/Luxor.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":645514,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-645513","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"73b2a0c8-5910-42a1-a964-442848c953d4","teaser":"","photo_url":"https:\/\/ent.news\/2015\/12\/126.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Leak suggests banks face term limits for bosses, 5% tithe to industry fund - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Leak suggests banks face term limits for bosses, 5% tithe to industry fund\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/issues\/leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-17T19:47:52+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2015\/12\/126.jpg?fit=%2C&ssl=1\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/issues\/leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/issues\/leak-suggests-banks-face-term-limits-for-bosses-5-tithe-to-industry-fund\/\",\"name\":\"Leak suggests banks face term limits for bosses, 5% tithe to industry fund - 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