{"id":647405,"date":"2017-05-10T03:52:57","date_gmt":"2017-05-10T03:52:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=647405"},"modified":"2025-12-17T20:56:43","modified_gmt":"2025-12-17T20:56:43","slug":"is-pico-on-an-acquisition-spreeplus-egypt-buys-us-wheat-for-the-first-time-in-4-months","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/is-pico-on-an-acquisition-spreeplus-egypt-buys-us-wheat-for-the-first-time-in-4-months\/","title":{"rendered":"Is Pico on an acquisition spree?\r\nPlus: Egypt buys US wheat for the first time in 4 months."},"content":{"rendered":"<section id=\"647407\" 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=\"647407\">\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\/05\/10\/what-were-tracking-on-10-may-2017\/\">\r\n                            What we\u2019re tracking on 10 May 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\/05\/10\/what-were-tracking-on-10-may-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\/05\/10\/what-were-tracking-on-10-may-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\/05\/10\/what-were-tracking-on-10-may-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 10 May 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/what-were-tracking-on-10-may-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\/05\/10\/what-were-tracking-on-10-may-2017\/&title=What we\u2019re tracking on 10 May 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+10+May+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fwhat-were-tracking-on-10-may-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\/05\/10\/what-were-tracking-on-10-may-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647407\" class=\"content-area-description single-story post-647407 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>Prime Minister Sherif Ismail will fly to the UK today<\/strong> to participate in the two-day <a href=\"https:\/\/www.gov.uk\/government\/topical-events\/london-somalia-conference-2017\/about\">London Somalia Conference<\/a> 2017, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/268406\/Egypt\/Politics-\/Egyptian-PM-to-attend-London-conference-on-Somalia.aspx\">Ahram Online<\/a> reports.<\/p><p><strong>The House of Representatives is expected to vote today on the 10% hardship raise for<\/strong><strong>bureaucrats <\/strong>not covered by the Civil Service Act after postponing the vote once again due to lack of quorum. The whole proposal could be taken off the table if the assembly fails to show up for the vote a third time. (More in this morning\u2019s Speed Round, below.)<\/p><p><strong>Coke has a new boss, and he wants his staff to take risks. <\/strong>James Quincey, a Brit no less, is looking to shake things up as he takes over as CEO, telling the <a href=\"https:\/\/www.wsj.com\/articles\/cokes-new-ceo-james-quincey-to-staff-make-mistakes-1494356502\">Wall Street Journal<\/a>: \u201c\u2018I\u2019m not sure fear of failure is entirely wrong, except when it leads to inaction. If you\u2019re trying to do something different on Coke, failure is big and emblematic.\u2019 Mr. Quincey said that because the company for much of its 131-year history has been focused on \u2018curating the world\u2019s most valuable brand, a lot of due attention and care was paid to any changes that were made.\u2019 But on smaller, emerging brands, the company needs to be experimenting more, he said. \u2018<strong>If we\u2019re not making mistakes, we\u2019re not trying hard enough<\/strong>.\u2019\u201d<\/p><p><strong>Running is really, really good for you<\/strong> \u2014 even when \u201ccontrolling for smoking, booze consumption, body mass index\u201d and the over-consumption of sugary drinks such as Coke, it\u2019s better than any other form of exercise at keeping you alive. We\u2019ve <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/14\/of-wine-and-running\/\">said it before<\/a>, and now <a href=\"http:\/\/www.gq.com\/story\/running-is-good\">GQ is the latest to pick up the research<\/a>.<\/p><p><strong>We need to all be on our best behaviour for just 48 more hours. <\/strong>The IMF delegation reviewing Egypt\u2019s progress on reforms on which the USD 12 bn bailout package is conditional is in town through tomorrow, from what we understand.<\/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=\"647408\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 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data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240922.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.hsbc.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-1aui0ag\" data-v=\"4\" data-block-id=\"1aui0ag\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-1aui0ag-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-1aui0ag-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-7laxgd1\" data-v=\"4\" data-block-id=\"7laxgd1\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-7laxgd1-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-7laxgd1-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-vnuoatu\" data-v=\"4\" data-block-id=\"vnuoatu\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-vnuoatu-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-vnuoatu-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-idb6qxs\" data-v=\"4\" data-block-id=\"idb6qxs\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-idb6qxs-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-idb6qxs-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                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class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/what-were-tracking-this-week-174\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/what-were-tracking-this-week-174\/\" 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          <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking this week&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/what-were-tracking-this-week-174\/\">\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\/05\/10\/what-were-tracking-this-week-174\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fwhat-were-tracking-this-week-174%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\/05\/10\/what-were-tracking-this-week-174\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647409\" class=\"content-area-description single-story post-647409 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Furniture expo <strong>Le March\u00e9<\/strong> is set to begin on Thursday 11 May and run until 14 May.<\/p>\n<p><strong>Is Rambo coming to Egypt?<\/strong> Local website <a href=\"http:\/\/www.cairogossip.com\/gossip\/life-style\/sylvester-stallone-is-to-visit-egypt-this-month-and-the-world-is-all-sunshine-and-rainbows\/\">Cairo Gossip<\/a> quotes an advisor to the Tourism Ministry as saying actor Sylvester Stallone is coming to Egypt this month with his family for a vacation.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647410\" 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=\"647410\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/on-the-horizon-214\/\">\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\/05\/10\/on-the-horizon-214\/\" 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\/05\/10\/on-the-horizon-214\/')\">\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\/05\/10\/on-the-horizon-214\/\">\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\/05\/10\/on-the-horizon-214\/\">\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\/05\/10\/on-the-horizon-214\/&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%2F05%2F10%2Fon-the-horizon-214%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\/05\/10\/on-the-horizon-214\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647410\" class=\"content-area-description single-story post-647410 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>Trade Minister Tarek Kabil will angle for more Chinese investment <\/strong>when he heads next week to the 14-15 May Belt and Road Forum for International Cooperation in Beijing, Chinese state news agency <a href=\"http:\/\/news.xinhuanet.com\/english\/2017-05\/09\/c_136266802.htm\">Xinhua reports<\/a>. \u201cThe Chinese investments in Egypt are less than USD 600 mn, which is very small given China's weight as the world's second largest economy and its focus on investment in Africa,\u201d Xinhua quotes Kabil as saying in an exclusive interview.<\/p>\n<p><strong>Egyptian business, political delegation heading to Bahrain: <\/strong>A delegation of Egyptian business leaders will be accompanying the ministers of tourism, trade, industry, and housing on an official visit to Bahrain next week that will be mostly centered around strengthening economic ties, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1513364.aspx\">Ahram Gate reports<\/a>. The delegation will meet with a number of Bahraini officials and attend an SME expo slated for 15-18 May.<\/p>\n<p><strong>The first expo highlighting Egyptian exports to Africa<\/strong> will be held in Nairobi, Kenya, also from 15-18 May.<\/p>\n<p><strong>The Central Bank of Egypt\u2019s Monetary Policy Committee <\/strong>will hold a rare Sunday meeting on 21 May to discuss interest rates.<\/p>\n<p><strong>We\u2019re watching out for the executive regulations to the Industrial Permits Act, <\/strong>which the Trade and Industry Minister is legally obliged to deliver within three months\u2019 of the law\u2019s issuance. President Abdel Fattah El Sisi signed off the law on Monday.<\/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=\"647411\" 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=\"647411\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/\">\r\n                            Talk of the investment act dominates the airwaves on Last Night\u2019s Talk Shows.                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Talk of the investment act dominates the airwaves on Last Night\u2019s Talk Shows.&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/&title=Talk of the investment act dominates the airwaves on Last Night\u2019s Talk Shows.\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Talk+of+the+investment+act+dominates+the+airwaves+on+Last+Night%E2%80%99s+Talk+Shows.+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Ftalk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647411\" class=\"content-area-description single-story post-647411 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> The Investment Act was once again the topic of choice on the airwaves last night. On Hona Al Asema, <strong>Lamees El Hadidi had a chat with Finance Minister Amr El Garhy <\/strong>about issues ranging from the Investment Act and the IMF delegation visiting Cairo. El Garhy also told Lamees that he is <strong>pleased with the Investment Act in its final form<\/strong>, even with regards to private free zones, which will be strictly regulated, he said. The minister also noted that the IMF delegation\u2019s visit is going well.<\/p>\n<p><strong>The 10% social welfare raise the government intends to give bureaucrats not covered by<\/strong><strong>the Civil Service Act<\/strong>, which is currently waiting to pass the House of Representatives, will be issued in May, El Garhy added. The raises are expected to cost the state around EGP 3.3 bn and will be paid retroactive basis to 1 July last year.<\/p>\n<p><strong>El Garhy also confirmed to Lamees that state coffers can sustain the EGP 1 bn needed to<\/strong><strong>raise ration card allowances<\/strong> to EGP 35 from EGP 21 during Ramadan, a decision that cabinet approved yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=bjdTb0NR4jI\">watch<\/a>, runtime 9:04).<\/p>\n<p>Kol Youm\u2019s <strong>Amr Adib hosted Supply Minister Ali El Moselhy in studio to talk more about<\/strong><strong>the Ramadan ration card bonus and other preparations for the holy month<\/strong>, when consumption increases by around 50%, the minister said. The government will be partnering with the private sector to offer food items at discounted prices in more than 120 outlets across the country, he added (<a href=\"https:\/\/www.youtube.com\/watch?v=1Q-UidBr92s\">watch<\/a>, runtime 7:54). The Mansour-family-owned supermarket chains Metro and Kheir Zaman will be among those joining the ministry\u2019s initiative, company spokesperson Tamer Gouda told Adib (<a href=\"https:\/\/www.youtube.com\/watch?v=FG007kj59Xo\">watch,<\/a> runtime 1:20).<\/p>\n<p>On Yahduth fi Misr, <strong>Sherif Amer hosted former Egyptian Businessmen\u2019s Association head<\/strong><strong>Hussein Sabbour<\/strong>, who was generally positive about the act, passed earlier this week. He was primarily excited about how it could help slash red tape (<strong>because acts of parliament are universally recognized as having the ability to magically re-wire the brains of recalcitrant bureaucrats<\/strong>) and warned that the full impact of the act on investment and the business climate will take at least three years to be felt. Sabbour also called on the Ismail government to pass the nation\u2019s first bankruptcy law and to make amendments to the Capital Markets Act.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"647412\" 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=\"647412\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/\">\r\n                            US sends Egypt first wheat shipment in four months                        <\/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\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/\" 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\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/')\">\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\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US sends Egypt first wheat shipment in four months&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/\">\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\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/&title=US sends Egypt first wheat shipment in four months\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US+sends+Egypt+first+wheat+shipment+in+four+months+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fus-sends-egypt-first-wheat-shipment-in-four-months%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\/05\/10\/us-sends-egypt-first-wheat-shipment-in-four-months\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647412\" class=\"content-area-description single-story post-647412 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt has bought US wheat for the first time in four months,<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-08\/u-s-sends-first-wheat-cargo-to-top-buyer-egypt-since-january\">Bloomberg<\/a> reported. US authorities \u201cinspected 51,603 tons of wheat for export to Egypt in the week ended May 4, U.S. Department of Agriculture data showed on Monday. The last shipment to the country was in mid-January.\u201d Egypt \u201cprobably bought that last week when we had the freeze and the weather concerns \u2026 There may be some issues bubbling up with other suppliers \u2014 Europe\u2019s a little dry, Russia\u2019s a little bit dry.\u201d said Don Roose, president of US Commodities Inc. Egypt has not been a major buyer of US wheat recently, as supplies from countries including Russia, Ukraine and Romania proved more attractive.<\/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=\"647425\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647426\" 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=\"647426\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT HOLIDAY PHOTO OF THE DAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/the-saint-catherine-monastery\/\">\r\n                            The Saint Catherine Monastery                        <\/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\/05\/10\/the-saint-catherine-monastery\/\" 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\/05\/10\/the-saint-catherine-monastery\/')\">\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\/05\/10\/the-saint-catherine-monastery\/\">\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=The Saint Catherine Monastery&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/the-saint-catherine-monastery\/\">\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\/05\/10\/the-saint-catherine-monastery\/&title=The Saint Catherine Monastery\">\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=The+Saint+Catherine+Monastery+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fthe-saint-catherine-monastery%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\/05\/10\/the-saint-catherine-monastery\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/616.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647427\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/the-saint-catherine-monastery\/616-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/616.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"616.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/616.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/616.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647426\" class=\"content-area-description single-story post-647426 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-holiday-photo-of-the-day tag-egypt-holiday-photo-of-the-day tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Today\u2019s Egypt Holiday Photo of the Day is of the Saint Catherine Monastery. <\/strong>Saint Catherine\u2019s Monastery is believed to enshrine the burning bush through which God was first revealed to Moses. The image was shot for CIB\u2019s 2016 Annual Report (<a href=\"http:\/\/annualreport2016.cibeg.com\/\">microsite<\/a> and <a href=\"http:\/\/annualreport2016.cibeg.com\/CIBAnnualReport.pdf\">print edition<\/a>) by Zeina Abaza at <a href=\"http:\/\/inktankcommunications.com\/\">Inktank Communications<\/a>, which has produced the bank\u2019s annual report for the past eight years.<\/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-holiday-photo-of-the-day\/\">Egypt Holiday Photo of the Day<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647428\" 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=\"647428\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/\">\r\n                            EM currencies are coming back, positive momentum to support earnings and equities                        <\/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\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/\" 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\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/')\">\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\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/\">\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=EM currencies are coming back, positive momentum to support earnings and equities&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/\">\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\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/&title=EM currencies are coming back, positive momentum to support earnings and equities\">\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=EM+currencies+are+coming+back%2C+positive+momentum+to+support+earnings+and+equities+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fem-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities%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\/05\/10\/em-currencies-are-coming-back-positive-momentum-to-support-earnings-and-equities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647428\" class=\"content-area-description single-story post-647428 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Emerging market (EM) currencies are coming back from four years of turbulence<\/strong>, bringing some of the best opportunities in today\u2019s markets, according to Goldman Sachs Asset Management (GSAM) <a href=\"https:\/\/www.gsam.com\/content\/dam\/gsam\/pdfs\/common\/en\/public\/articles\/fisg-quarterly-outlook\/2017\/fixed-income-outlook-2Q17.pdf?sa=n&rd=n\">global fixed income outlook<\/a>. GSAM sees \u201ca rare combination of value and improving fundamentals in parts of the developing world, and currencies generally remain undervalued relative to debt \u2026 we believe [EMs] may be less exposed than most developed markets to the epicenters of today\u2019s political risks \u2026 exogenous factors have since receded, leaving a substantial premium in emerging markets, especially in a developed market environment of negative inflation-adjusted yields.\u201d GSAM believes central and eastern European markets have the advantages of strong BoP and trade linkages to Europe, but not \u201cenmeshed in the euro\u2019s problems.\u201d <strong>The main risks within the developing world, they say, stem from China<\/strong>, and are positioning for weakness in Asian currencies most exposed to market- or economic turmoil in China, such as the Taiwan, Singapore and Hong Kong.<\/p>\n<p><strong>Goldman Sachs <\/strong><a href=\"https:\/\/www.gsam.com\/content\/dam\/gsam\/pdfs\/common\/en\/public\/articles\/global-equity-outlook\/2017\/global-equity-outlook-2Q17.pdf?sa=n&rd=n\"><strong>also believes<\/strong><\/a><strong> positive economic momentum will continue to support EM <\/strong><strong>earnings growth and equities.<\/strong> \u201cEM equities have already rallied on the commodity price recovery and increasing sentiment that the protectionist rhetoric from Trump on trade will not be converted into actual policy. Equity valuations have been rising but are still attractive versus developed markets; the MSCI EM index is trading at a 12-month forward P\/E of 12.3x, a 25% discount to the MSCI World index. Despite the fundamental earnings recovery, EM remains subject to several external risks including rising interest rates and increasing geopolitical tensions.\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\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647429\" 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=\"647429\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/humans-have-a-new-cousin\/\">\r\n                            Humans have a new cousin                        <\/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\/05\/10\/humans-have-a-new-cousin\/\" 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\/05\/10\/humans-have-a-new-cousin\/')\">\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\/05\/10\/humans-have-a-new-cousin\/\">\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=Humans have a new cousin&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/humans-have-a-new-cousin\/\">\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\/05\/10\/humans-have-a-new-cousin\/&title=Humans have a new cousin\">\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=Humans+have+a+new+cousin+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fhumans-have-a-new-cousin%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\/05\/10\/humans-have-a-new-cousin\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/618.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647430\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/humans-have-a-new-cousin\/618-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/618.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"618.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/618.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/618.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647429\" class=\"content-area-description single-story post-647429 post type-post status-publish format-standard has-post-thumbnail 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><strong>We Homo sapiens have a new cousin, and the back-story is awesome. <\/strong>A recently discovered species \u2014 Homo naledi \u2014 may have walked the earth earlier than before thought: at the same time as our direct ancestors did. Their features \u201cseemed modern, almost human \u2026 but their brains were as small as a gorilla\u2019s.\u201d <strong>Oh, and they may also have been burying their dead.<\/strong> <a href=\"http:\/\/news.nationalgeographic.com\/2017\/05\/homo-naledi-human-evolution-science\/\">The National Geographic<\/a> has a deep dive into the news for you anthropology geeks out there, and its fall 2015 cover story dives deeper into how <a href=\"http:\/\/news.nationalgeographic.com\/2015\/09\/150910-human-evolution-change\/\">Homo naledi could change our view of our own evolution<\/a>. The <a href=\"https:\/\/www.washingtonpost.com\/news\/speaking-of-science\/wp\/2017\/05\/09\/humanitys-strange-new-cousin-is-shockingly-young-and-shaking-up-our-family-tree\/\">Washington Post<\/a> also does a good job of digging into the debate over whether the Naledi was burying its dead, noting that, \u201c<strong>Ritual disposal of the dead is an advanced behavior, suggesting that a species was capable of symbolic thought<\/strong> and saw itself as separate from the natural world. Only humans and Neanderthals have been conclusively found to bury their dead.\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=\"647431\" 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=\"647431\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/other-coverage-worth-noting-in-brief\/\">\r\n                            Other coverage worth noting in brief                        <\/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\/05\/10\/other-coverage-worth-noting-in-brief\/\" 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\/05\/10\/other-coverage-worth-noting-in-brief\/')\">\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\/05\/10\/other-coverage-worth-noting-in-brief\/\">\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=Other coverage worth noting in brief&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/other-coverage-worth-noting-in-brief\/\">\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\/05\/10\/other-coverage-worth-noting-in-brief\/&title=Other coverage worth noting in brief\">\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=Other+coverage+worth+noting+in+brief+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fother-coverage-worth-noting-in-brief%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\/05\/10\/other-coverage-worth-noting-in-brief\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647431\" class=\"content-area-description single-story post-647431 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>We know we\u2019re tempting the fates by even suggesting this, but there\u2019s just about no coverage of Egypt in the international press this morning. And what little there is falls into one of two categories: Old news or not worth reading. Enjoy the respite \u2014 it will doubtless be short-lived.<\/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=\"647432\" 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=\"647432\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\">\r\n                            Bahaa El Din is worried about disjointed economic policy making, lack of transparency                        <\/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\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\" 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\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/')\">\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\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\">\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=Bahaa El Din is worried about disjointed economic policy making, lack of transparency&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\">\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\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/&title=Bahaa El Din is worried about disjointed economic policy making, lack of transparency\">\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=Bahaa+El+Din+is+worried+about+disjointed+economic+policy+making%2C+lack+of+transparency+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fbahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency%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\/05\/10\/bahaa-el-din-is-worried-about-disjointed-economic-policy-making-lack-of-transparency\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647432\" class=\"content-area-description single-story post-647432 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>Former Deputy Prime Minister Ziad Bahaa El Din is worried about disjointed <\/strong><strong>economic policy making and what he claims is a lack of transparency about the new Investment Act.<\/strong> He says in his weekly <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=08052017&id=2d59c740-8c6d-4169-b711-c59f71eef469\">Al Shorouk<\/a> column that he has four reservations on the new investment act. The new law brings back tax incentives that open doors for corruption and distorts the market, he says. It also complicates the land and permit allocations processes. Bahaa El Din also says it changes the nature of GAFI from an independent investment promotion body to an investment ministry-affiliated supervisory body. He adds that the law also comes at a time when the strategic vision for the country\u2019s economic policy remains unclear. Most importantly, Bahaa El Din writes, is that the process lacked transparency and the reservations a few ministries had on it shows that not all members of the government are in agreement over the policymaking process. He is worried that this would impact the harmony of economic decision making.<\/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=\"647433\" 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=\"647433\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/\">\r\n                            France returns Ancient Egyptian limestone relief and other artefacts                        <\/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\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/\" 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\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/')\">\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\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/\">\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=France returns Ancient Egyptian limestone relief and other artefacts&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/\">\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\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/&title=France returns Ancient Egyptian limestone relief and other artefacts\">\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=France+returns+Ancient+Egyptian+limestone+relief+and+other+artefacts+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Ffrance-returns-ancient-egyptian-limestone-relief-and-other-artefacts%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\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/19.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647434\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/france-returns-ancient-egyptian-limestone-relief-and-other-artefacts\/19-jpg-28\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/19.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"19.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/19.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/19.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647433\" class=\"content-area-description single-story post-647433 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Cairo recovered an Ancient Egyptian limestone relief dating back to the 30th Dynasty<\/strong> from an auction house in Paris, the <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=1409601202418859&id=172009302844728\">Antiquities Ministry announced<\/a> yesterday. An official there said the 80 kg tablet \u2014 which depicts goddess Sekhmet carrying the sun disk over her head next to a line of hieroglyphics \u2014 was stolen from a temple at the Saqqara necropolis sometime during the 1900s. The ministry also repatriated 44 other artefacts, including jewelry, from the Ancient Egyptian and Coptic eras.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647435\" 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=\"647435\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/\">\r\n                            Shoukry in Ghana, Tawadros II meets Queen Elizabeth II, Halawa trial postponed                        <\/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\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/\" 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\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/')\">\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\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/\">\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=Shoukry in Ghana, Tawadros II meets Queen Elizabeth II, Halawa trial postponed&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/\">\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\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/&title=Shoukry in Ghana, Tawadros II meets Queen Elizabeth II, Halawa trial postponed\">\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=Shoukry+in+Ghana%2C+Tawadros+II+meets+Queen+Elizabeth+II%2C+Halawa+trial+postponed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fshoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed%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\/05\/10\/shoukry-in-ghana-tawadros-ii-meets-queen-elizabeth-ii-halawa-trial-postponed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647435\" class=\"content-area-description single-story post-647435 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>KSA\u2019s King Salman has invited President Abdel Fattah El Sisi to attend the Arab <\/strong><strong>Islamic-American Summit <\/strong>scheduled to be held in Riyadh on 21 May, according to <a href=\"http:\/\/okaz.com.sa\/article\/1545046\/%D9%85%D8%AD%D9%84%D9%8A%D8%A7%D8%AA\/%D8%A7%D9%84%D8%B1%D9%8A%D8%A7%D8%B6-%D8%AA%D8%B3%D8%AA%D8%B6%D9%8A%D9%81-3-%D9%82%D9%85%D9%85-%D9%8A%D8%AD%D8%B6%D8%B1%D9%87%D8%A7-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A\">Saudi newspaper Okaz<\/a>. US President <strong>Donald Trump<\/strong> is expected to attend the summit, which will mark his first foreign trip since taking office.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry is traveling to Ghana today for talks<\/strong>, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/268441\/Egypt\/Politics-\/Egypts-FM-Shoukry-heads-to-Ghana-for-talks-on-boos.aspx\">Ahram Online<\/a> reports. Shoukry will meet with his counterpart Shirley Ayorkor Botchway and parliament speaker Aaron Mike Oquaye. A joint trade committee is also set to meet.<\/p>\n<p><strong>Investment and International Cooperation Minister Sahar Nasr met with a delegation from <\/strong><strong>the Kuwaiti Fund for Arab Economic Development on Tuesday<\/strong> to discuss funding for a EGP 632 mn drinking water project in North Sinai\u2019s Al Arish, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1130961\">AMAY reported on Tuesday<\/a>. The funding is part of a USD 900 mn aid package that the Fund pledged to deliver to Egypt over a three-year timespan. The delegation is in town for meetings through 16 May.<\/p>\n<p><strong>Coptic Orthodox Pope Tawadros II met Queen Elizabeth<\/strong> yesterday at the Windsor Castle, British Ambassador to Egypt John Casson <a href=\"https:\/\/twitter.com\/FCOJohnCasson\/status\/862008364909383682\">announced on Twitter<\/a>.<\/p>\n<p><strong>From the \u201cCrime Pages\u201d: <\/strong>The trial of Irish national <strong>Ibrahim Halawa<\/strong> was postponed for the twenty-third time yesterday, the Irish Times reports. Separately, the Polish Foreign Ministry <a href=\"http:\/\/www.thenews.pl\/1\/10\/Artykul\/306153,Poland-working-with-Egyptian-authorities-over-Hurghada-death\">is reported to be closely following<\/a> a case involving the <strong>suspicious death of a 27-year-old Polish woman<\/strong> in Hurghada.<\/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=\"647436\" 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=\"647436\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/\">\r\n                            H\u00f6egh Gallant begins periodical maintenance, to operate at full capacity during the summer                        <\/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\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/\" 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\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/')\">\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\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/\">\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=H\u00f6egh Gallant begins periodical maintenance, to operate at full capacity during the summer&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/\">\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\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/&title=H\u00f6egh Gallant begins periodical maintenance, to operate at full capacity during the summer\">\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=H%C3%B6egh+Gallant+begins+periodical+maintenance%2C+to+operate+at+full+capacity+during+the+summer+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fhoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer%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\/05\/10\/hoegh-gallant-begins-periodical-maintenance-to-operate-at-full-capacity-during-the-summer\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647436\" class=\"content-area-description single-story post-647436 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>Norway\u2019s H\u00f6egh began periodical servicing and maintenance operations last week on its Egypt-anchored H\u00f6egh Gallant floating storage and regasification, <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/09\/1020213\">Al Borsa<\/a> reports. The FSRU, a key part of Egypt\u2019s natural gas import infrastructure, will be back at operating at full capacity throughout the summer months, re-gasifying 500 mcf\/d.<\/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=\"647441\" 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=\"647441\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/\">\r\n                            Gov\u2019t to increase wheat silo storage capacity next fiscal year                        <\/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\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/\" 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\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/')\">\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\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/\">\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=Gov\u2019t to increase wheat silo storage capacity next fiscal year&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/\">\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\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/&title=Gov\u2019t to increase wheat silo storage capacity next fiscal year\">\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=Gov%E2%80%99t+to+increase+wheat+silo+storage+capacity+next+fiscal+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fgovt-to-increase-wheat-silo-storage-capacity-next-fiscal-year%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\/05\/10\/govt-to-increase-wheat-silo-storage-capacity-next-fiscal-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647441\" class=\"content-area-description single-story post-647441 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 Planning Ministry says the government is working on increasing Egypt\u2019s wheat silo storage capacity to 3.13 mn tonnes by FY2017-18, according to <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN185149\">Reuters\u2019 Arabic service<\/a>. The silo capacity was 1.528 mn tonnes in FY2015-16, the ministry said, and the increase is aimed at creating strategic grain reserves domestically. The government had said <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/01\/private-sector-to-have-minimal-role-in-wheat-storage\/\">earlier this year<\/a> it was going to limit the role of the private sector in wheat storage and had failed to get phase one of Blumberg Grain\u2019s shouna program up and running in time for the harvest. The Supply Ministry has collected 1.03 mn tonnes of wheat since the beginning of the harvest season as of Tuesday, a ministry official <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/268431\/Business\/Economy\/Egypt-receives--mln-tonnes-of-wheat-from-farmers,-.aspx\">tells Ahram Online<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"647442\" 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=\"647442\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/\">\r\n                            Indian tourist arrivals up 30% in 1Q2017                        <\/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\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/\" 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\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/')\">\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\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/\">\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=Indian tourist arrivals up 30% in 1Q2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/\">\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\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/&title=Indian tourist arrivals up 30% in 1Q2017\">\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=Indian+tourist+arrivals+up+30%25+in+1Q2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Findian-tourist-arrivals-up-30-in-1q2017%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\/05\/10\/indian-tourist-arrivals-up-30-in-1q2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647442\" class=\"content-area-description single-story post-647442 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Indian tourist arrivals to Egypt increased by 30% y-o-y in 1Q2017, <a href=\"http:\/\/www.travelbizmonitor.com\/Top-Stories\/egypt-records-30-increase-in-indian-arrivals-in-fy2017-q1-33266\">Travel Biz Monitor<\/a>reports. Egyptian tour operators have increased their promotions in India, the publication says. \u201cThis year has started with great indications about the growth from the Indian Market and Egypt tourism board is ambitious of achieving double digit growth taking the numbers to over 1,200,000 Indian arrivals by the end of FY2017,\u201d Ismail Amer, Egyptian Tourism Counsellor in Mumbai, said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647445\" 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=\"647445\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/\">\r\n                            Raya to enter Moroccan market with EGP 100 mn investments in 1Q2018                        <\/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\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/\" 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\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/')\">\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\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/\">\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=Raya to enter Moroccan market with EGP 100 mn investments in 1Q2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/\">\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\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/&title=Raya to enter Moroccan market with EGP 100 mn investments in 1Q2018\">\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=Raya+to+enter+Moroccan+market+with+EGP+100+mn+investments+in+1Q2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fraya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018%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\/05\/10\/raya-to-enter-moroccan-market-with-egp-100-mn-investments-in-1q2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647445\" class=\"content-area-description single-story post-647445 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Raya Contact Center is deciding between acquiring an existing company or establishing a new call center in Morocco with EGP 100 mn investments in 1Q2018, Deputy CEO Reem Saad tells <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=333189\">Al Mal<\/a>. Assessments for the expansion will be completed in 2H2017, she adds. This is part of Raya\u2019s plans to enter the French-speaking North African region including Morocco, Tunisia, and Algeria.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647446\" 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=\"647446\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/\">\r\n                            CBE issues new directives to regulate relationship between banks and FX bureaus                        <\/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\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/\" 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\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/')\">\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\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/\">\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=CBE issues new directives to regulate relationship between banks and FX bureaus&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/\">\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\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/&title=CBE issues new directives to regulate relationship between banks and FX bureaus\">\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=CBE+issues+new+directives+to+regulate+relationship+between+banks+and+FX+bureaus+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fcbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus%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\/05\/10\/cbe-issues-new-directives-to-regulate-relationship-between-banks-and-fx-bureaus\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647446\" class=\"content-area-description single-story post-647446 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>Egyptian banks can only do business with up seven foreign exchange bureaus at a time, according to the latest Central Bank directives issued late on Monday, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=333186\">Al Mal says<\/a>. Banks have a three-month window to comply with new regulations and present copies of their updated contracts to the CBE.<\/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=\"647448\" 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=\"647448\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/\">\r\n                            UEIA to establish holding company for Egyptian investments in Africa                        <\/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\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/\" 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\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/')\">\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\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/\">\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=UEIA to establish holding company for Egyptian investments in Africa&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/\">\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\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/&title=UEIA to establish holding company for Egyptian investments in Africa\">\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=UEIA+to+establish+holding+company+for+Egyptian+investments+in+Africa+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fueia-to-establish-holding-company-for-egyptian-investments-in-africa%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\/05\/10\/ueia-to-establish-holding-company-for-egyptian-investments-in-africa\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647448\" class=\"content-area-description single-story post-647448 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Union of Egyptian Investors Association (UEIA) plans on establishing a new holding company for investments in Africa with EGP 1 bn in capital, head Farid Khamis said on Tuesday, <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/09\/1020343\">according to Al Borsa<\/a>. A number of companies, including Qalaa Holdings and Elsewedy Electric, have expressed their interest in the venture, Khamis added.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647449\" 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=\"647449\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/\">\r\n                            Egyptian wrestler wins gold medal for Bulgaria, alleges Egypt refused to pay for medical treatment                        <\/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\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/\" 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\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/')\">\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\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian wrestler wins gold medal for Bulgaria, alleges Egypt refused to pay for medical treatment&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/\">\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\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/&title=Egyptian wrestler wins gold medal for Bulgaria, alleges Egypt refused to pay for medical treatment\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+wrestler+wins+gold+medal+for+Bulgaria%2C+alleges+Egypt+refused+to+pay+for+medical+treatment+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Fegyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment%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\/05\/10\/egyptian-wrestler-wins-gold-medal-for-bulgaria-alleges-egypt-refused-to-pay-for-medical-treatment\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647449\" class=\"content-area-description single-story post-647449 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian native Tarek Abdel Salam won a gold medal for Bulgaria at a wrestling championship on Saturday, setting off a flurry of criticism on social media against Egyptian authorities for not nurturing his talent, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/6\/56\/268458\/Sports\/Omni-Sports\/Egyptian-wrestler-creates-social-media-storm-after.aspx\">Ahram Online reports<\/a>. Abdel Salam alleged that he faced neglect while in Egypt, and that authorities refused to pay for medical treatment for a neck injury. The wrestler then moved to Bulgaria, where he was granted the citizenship. The Egyptian Wrestling Federation has denied Abdel Salam\u2019s accusations, saying it covered his medical expenses.<\/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\/sports\/\">sports<\/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=\"647450\" 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=\"647450\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/\">\r\n                            Ramadan mosalsalat cost EGP 2 bn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Ramadan mosalsalat cost EGP 2 bn&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/&title=Ramadan mosalsalat cost EGP 2 bn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Ramadan+mosalsalat+cost+EGP+2+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F10%2Framadan-mosalsalat-cost-egp-2-bn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/ramadan-mosalsalat-cost-egp-2-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647450\" class=\"content-area-description single-story post-647450 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>Producers spent EGP 2 bn on making and promoting \u201cmosalsalat\u201d for Ramadan<\/strong>, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1130780\">Al Masry Al Youm<\/a> says. Adel Emam\u2019s show during the holy month is said to have cost EGP 80 mn to produce.<\/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=\"647453\" 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=\"647453\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">21<\/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\/05\/10\/by-the-numbers-48\/\">\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\/05\/10\/by-the-numbers-48\/\" 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\/05\/10\/by-the-numbers-48\/')\">\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\/05\/10\/by-the-numbers-48\/\">\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\/05\/10\/by-the-numbers-48\/\">\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\/05\/10\/by-the-numbers-48\/&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%2F05%2F10%2Fby-the-numbers-48%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\/05\/10\/by-the-numbers-48\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647453\" class=\"content-area-description single-story post-647453 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 18.0332 | Sell 18.1359<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 18.05 | Sell 18.15<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.95 | Sell 18.05<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 12,934 (+0.8%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.0 bn (40% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.8%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 0.8%. CIB, the index heaviest constituent ended up 0.8%. EGX30\u2019s top performing constituents were: Amer Group up 6.7%, Cairo Oils and Soap up 4.2%, and Porto Group up 3.6%. Yesterday\u2019s worst performing stocks were: ACC down 0.5%, Juhayna down 0.4%, and Oriental Weavers down 0.3%. The market turnover was EGP 1.0 bn, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +97.5 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -40.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -57.5 mn<\/p>\n<p><strong>Retail<\/strong>: 68.7% of total trades | 66.2% of buyers | 71.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 31.3% of total trades | 33.8% of buyers | 28.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 18.5% of total | 23.2% of buyers | 13.9% of sellers<br \/>\n <strong>Regional:<\/strong> 8.0% of total | 6.0% of buyers | 9.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 73.5% of total | 70.8% of buyers | 76.2% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 46.18 (+0.65%)<br \/>\n <strong>Brent:<\/strong> USD 48.99 (+0.53%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.21 MMBtu, (-0.56%, June 2016 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,222.40 \/ troy ounce (+0.52%)<\/p>\n<p><strong>TASI:<\/strong> 6,918.82 (+0.79%) (YTD: -4.04%)<br \/>\n <strong>ADX:<\/strong> 4,584.65 (+0.14%) (YTD: +0.84%)<br \/>\n <strong>DFM:<\/strong> 3,408.44 (+0.49%) (YTD: -3.47%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 397.03 (-0.04%) (YTD: +4.46%)<br \/>\n <strong>QE:<\/strong> 9,865.78 (+0.14%) (YTD: -5.47%)<br \/>\n <strong>MSM:<\/strong> 5,423.26 (-0.32%) (YTD: -6.22%)<br \/>\n <strong>BB: <\/strong>1,315.74 (-0.48%) (YTD: +7.81%)<\/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=\"647454\" 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\/05\/10\/647454\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647454\" class=\"content-area-description single-story post-647454 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>9-11 May (Tuesday-Thursday): 2nd Egypt <a href=\"http:\/\/www.egyptsummit.com\/\">Oil & Gas Summit<\/a>, Cairo.<\/p>\n<p>10-12 May (Wednesday-Friday) The 15th <a href=\"http:\/\/www.franchiseegypt.com\/News.aspx?Id=12242\">Middle East & North Africa International Franchise Exhibition<\/a>, AUC Downtown Greek Campus, Cairo.<\/p>\n<p>10-12 May (Wednesday-Friday): <a href=\"https:\/\/conference.rencap.com\/UpcomingEvent\/?id=17\">RenCap's 8th Annual Pan-Africa 1:1 Investor Conference<\/a>, Lagos.<\/p>\n<p>11-14 May (Thursday-Sunday): Le March\u00e9 furniture expo at the state fairgrounds.<\/p>\n<p>14 May (Sunday): The French Chamber of Commerce and Industry in Egypt\u2019s discussion: \u201cThe EBRD approach to development financing and finance reform: the case of Egypt,\u201d The Marriott Hotel, Cairo.<\/p>\n<p>14-16 May (Sunday-Tuesday): CI Capital\u2019s fifth annual Egypt Investor Conference, Gouna.<\/p>\n<p>15-17 May (Monday-Wednesday): Morgan Stanley's 3rd Annual GEMS Conference (EEMEA), London.<\/p>\n<p>16 May (Tuesday): Official expiry date for the decision to suspend capital gains taxes on stock market transactions.<\/p>\n<p>21 May (Sunday): Central Bank of Egypt\u2019s Monetary Policy Committee Meeting.<\/p>\n<p>22-23 May (Monday-Tuesday): <a href=\"https:\/\/northafricamno.iqpc.ae\/?utm_source=email&utm_medium=internalemail&utm_campaign=28261.001+-+EM.5+-+Content+Primary+-+The+Spread+of+4G+report&utm_term=Homepage&utm_content=TEXT&mac=1-29536932645&disc=\">North Africa Mobile Network Optimisation Conference<\/a>, Cairo.<\/p>\n<p>27 May (Saturday): First day of Ramadan (TBC).<\/p>\n<p>07-09 June (Wednesday-Friday): 19th Annual <a href=\"http:\/\/africa-energy-forum.com\/\">Africa Energy Forum<\/a>, Copenhagen, Denmark.<\/p>\n<p>26-28 June (Monday-Wednesday): Eid Al-Fitr (TBC).<\/p>\n<p>30 June (Friday): 30 June, national holiday.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/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>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>03-05 October (Tuesday-Thursday): J.P. Morgan\u2019s <a href=\"https:\/\/www.jpmorgan.com\/country\/US\/EN\/detail\/1395980361643\">Credit and Equities Emerging Markets Conference<\/a>, London, UK.<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>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>01 December (Friday): Prophet\u2019s Birthday, national holiday.<\/p>\n<p>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/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":647406,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-647405","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"a82f099c-e4d6-4738-af90-ddcb81bab178","teaser":"","photo_url":"https:\/\/ent.news\/2016\/8\/60.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>Is Pico on an acquisition spree? Plus: Egypt buys US wheat for the first time in 4 months. - 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\/is-pico-on-an-acquisition-spreeplus-egypt-buys-us-wheat-for-the-first-time-in-4-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Is Pico on an acquisition spree? 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