{"id":647734,"date":"2017-05-18T03:54:24","date_gmt":"2017-05-18T03:54:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=647734"},"modified":"2025-12-17T21:08:53","modified_gmt":"2025-12-17T21:08:53","slug":"the-imf-is-signaling-that-there-is-some-breathing-room-for-egypt-on-fuel-subsidies","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-imf-is-signaling-that-there-is-some-breathing-room-for-egypt-on-fuel-subsidies\/","title":{"rendered":"The IMF is signaling that there is (some) breathing room for Egypt on fuel subsidies"},"content":{"rendered":"<section id=\"647736\" 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=\"647736\">\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\/18\/what-were-tracking-on-18-may-2017\/\">\r\n                            What we\u2019re tracking on 18 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\/18\/what-were-tracking-on-18-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(); 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But critically, he also said that the IMF would leave the timing of the subsidy cuts to the Ismail government. If you\u2019re impatient, <a href=\"https:\/\/www.youtube.com\/watch?v=hQOZlkUjJqs\">skip straight to Lamees\u2019 interview with Jarvis in English here<\/a> (runtime: 14:21)<\/p><p><strong>Judge for yourself: <\/strong>Asked about subsidy cuts, Jarvis said, \u201cWe did talk about energy subsidies because they\u2019re a very important part of the government\u2019s program. I think it is important to realize that even now, after some of the increases in fuel and electricity prices, <strong>energy prices still amount to about a fifth of the government\u2019s budget (excluding interest)<\/strong>. That\u2019s money that could be spent on other things like health or education or social benefits. But the president and the government are very conscious of that, and they have a plan to eliminate fuel subsidies on most products \u2014 on the main products \u2014 within about three years. <strong>We think that\u2019s a good plan. We leave the precise timing of measures to reduce subsidies to the government to decide<\/strong>, but we strongly endorse that objective of spending less on fuel subsidies \u2014 which often benefit better-off people with big cars and big houses \u2014 and spending more money on health, on education and on social benefits.<\/p><p><strong>Lamees:<\/strong> \u201cWill we be expecting in the coming year another reduction of energy subsidies?\u201d<\/p><p><strong>Jarvis:<\/strong> \u201cWell, as I said, it\u2019s for the government to both decide on and announce the particular measures that it is planning to take.\u201d<\/p><p><strong>A slight delay in subsidy cuts would assuage the concerns of a number of <\/strong><strong>economists<\/strong> who have warned that fuel price hikes this summer would <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/11\/inflation-grows-at-slowest-monthly-rate-since-flotation\/\">drive inflation up again<\/a> just as it is on a declining month-on-month trend. It also meshes with rumblings we\u2019re hearing about <strong>the government acknowledging that inflation could remain in the 20% band for a good portion of the coming fiscal year<\/strong>, as Bloomberg noted yesterday. And if you accept that they\u2019re right, it meshes with IMF boss Christine Lagarde\u2019s statement a month or so back that the most important thing for Egypt to do right now is get a handle on inflation. We have more on Jarvis\u2019 interview in Last Night\u2019s Talk Shows, below.<\/p><p><strong>Egypt will begin unloading its first shipment of Iraqi crude today<\/strong> before transporting it over to refineries, <a href=\"http:\/\/www.youm7.com\/story\/2017\/5\/17\/%D8%A7%D9%84%D8%A8%D8%AA%D8%B1%D9%88%D9%84-%D8%AA%D9%81%D8%B1%D9%8A%D8%BA-%D8%A3%D9%88%D9%84%D9%89-%D8%B4%D8%AD%D9%86%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%89-%D8%BA%D8%AF%D8%A7%D9%8B-%D8%AA%D9%85%D9%87%D9%8A%D8%AF%D8%A7%D9%8B-%D9%84%D9%86%D9%82%D9%84%D9%87%D8%A7-%D9%84%D9%85%D8%B9%D8%A7%D9%85%D9%84\/3239328\">Petroleum Ministry officials tell Youm7<\/a>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>CIB was named Euromoney\u2019s Best Bank on the Middle East for 2017 <\/strong>at an awards ceremony in Dubai last night, marking the first time an Egyptian bank has taken home the regional honor. Euromoney\u2019s statement singles out our friends for their hard work, specifically noting that it is recognizing \u201cEgypt\u2019s unmatched management at Commercial International Bank, the local banking sector\u2019s biggest private-sector profit earner. As it steers through a market with great potential, but where conditions are rarely easy, CIB is worthy of the title of best bank in the region.\u201d CIB Chairman and Managing Director Hisham Ezz Al Arab said last night in Dubai that, \u201cWe are honored to be the first Egyptian private bank selected by Euromoney for this prestigious award category. This is another momentous testimony, not only for CIB\u2019s consistent growth and performance, but to the outstanding capabilities, strength and stability of the entire Egyptian banking sector.\u201d You can read <a href=\"http:\/\/www.euromoney.com\/Article\/3645921\/Middle-Easts-best-bank-2017-Commercial-International-Bank.html\">Euromoney\u2019s note about the award here<\/a> and check out <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/05\/20170515-Euromoney-Best-Bank-in-the-Middle-East-English-PR-FINAL-1.pdf\">CIB\u2019s press release on the win here (pdf)<\/a>.<\/p><p><strong>Cairo American College startup records EGP 40k in sales in first month of product <\/strong><strong>launch. <\/strong>Zip &amp; Flip, a business owned by students participating in CAC\u2019s Injaz program, is closing in on a 200-unit sales milestone just days ahead of this weekend\u2019s inter-school competition in Cairo. Zip &amp; Flip\u2019s signature product is a stylish, functional bag-towel combo: \u201cIts waterproof lining keeps your valuables dry and when it opens up, you have a beautiful towel to share on the beach with your friends,\u201d the company said. You can check out Zip &amp; Flip and real-world reviews of its product on <a href=\"https:\/\/www.facebook.com\/ZipAndFlip\/\">Facebook<\/a> and <a href=\"https:\/\/www.instagram.com\/zipandflip\/\">Instagram<\/a> or <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/05\/CAC-Press-Release-Final.pdf\">read their first-ever press release here (pdf)<\/a>.<\/p><p><strong>NO COMMENT-<\/strong> Supporters of Turkish buffoon Recep Tayyip Erdogan beat the daylights out of Kurdish protesters on Embassy Row in Washington, DC. (<a href=\"https:\/\/twitter.com\/VOATurkish\/status\/864631567972540417\">Watch<\/a>, runtime: 2:20)<\/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=\"647737\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading 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stk-2mjhnul-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647738\" 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=\"647738\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/what-were-tracking-this-week-179\/\">\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\/18\/what-were-tracking-this-week-179\/\" 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\/18\/what-were-tracking-this-week-179\/')\">\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\/18\/what-were-tracking-this-week-179\/\">\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 this week&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/what-were-tracking-this-week-179\/\">\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\/18\/what-were-tracking-this-week-179\/&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%2F18%2Fwhat-were-tracking-this-week-179%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\/18\/what-were-tracking-this-week-179\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647738\" class=\"content-area-description single-story post-647738 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Voters in Iran go to the polls tomorrow to elect a new president. <\/strong>A win for hardliner Ebrahim Raisi \u2014 around whom conservative forces rallied this week \u2014 could put more distance between Iran and the rest of the world. Raisi blames \u201cthe west\u201d for Iran\u2019s economic challenges. Incumbent Hassan Rouhani is a substantially more moderate option.<\/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=\"647739\" 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=\"647739\">\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\/18\/on-the-horizon-220\/\">\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\/18\/on-the-horizon-220\/\" 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\/18\/on-the-horizon-220\/')\">\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\/18\/on-the-horizon-220\/\">\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\/18\/on-the-horizon-220\/\">\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\/18\/on-the-horizon-220\/&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%2F18%2Fon-the-horizon-220%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\/18\/on-the-horizon-220\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647739\" class=\"content-area-description single-story post-647739 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>US President Donald Trump heads to Saudi Arabia this weekend <\/strong>for his first trip abroad since moving into the Oval Office. President Abdel Fattah El Sisi will be in town at the same time, and pundits believe there is a good chance the two will have some face time. NPR has a <a href=\"http:\/\/www.npr.org\/sections\/parallels\/2017\/05\/17\/528778789\/trumps-first-foreign-trip-a-red-carpet-welcome-in-a-muslim-land\">preview of Trump\u2019s visit<\/a>, while the <a href=\"https:\/\/www.ft.com\/content\/da8aacce-3b32-11e7-ac89-b01cc67cfeec\">Financial Times<\/a> notes that top bosses at JPMorgan Chase, Citi, Morgan Stanley, Dow Chemical, Blackstone and General Electric will be accompanying Trump \u201cseeking to sign [transactions] and strengthen ties with the kingdom at a moment where his business agenda has been in doubt.\u201d Described by the New York Times as <a href=\"https:\/\/www.nytimes.com\/2017\/05\/17\/us\/politics\/trump-foreign-travel-saudi-arabia-israel-belgium-italy-vatican.html\"><strong>a reluctant traveler<\/strong><\/a><strong>, Trump will be hitting five countries in nine days<\/strong>, including Saudi, Israel, Belgium, Italy and the Vatican.<\/p>\n<p><strong>The Central Bank of Egypt\u2019s Monetary Policy Committee will hold a rare Sunday<\/strong><strong>meeting on 21 May<\/strong> to discuss interest rates. <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/17\/13-of-14-economists-surveyed-by-reuters-see-the-central-bank-leaving-interest-rates-on-hold\/\">Thirteen of 14 economists surveyed by Reuters<\/a> expect the MPC to leave rates on hold despite the IMF suggesting they remain an appropriate tool through which to cool-off inflation.<\/p>\n<p><strong>The IMF\u2019s executive board is yet to disclose when it will <\/strong><a href=\"http:\/\/www.imf.org\/external\/NP\/SEC\/bc\/eng\/index.aspx\"><strong>meet<\/strong><\/a> to review and vote on the staff-level agreement to disburse the second tranche of the USD 12 bn extended fund facility by the end of June.<\/p>\n<p><strong>Slush funds in the spotlight: <\/strong>The Finance Ministry is working with Prime Minister Sherif Ismail to compel all ministries and government agencies to compile reports on special funds under their control, and will present the reports to the House of Representatives for review.<\/p>\n<p><strong>Siemens will begin commercial operations on 12 turbines at the Beni Suef, Burullus, <\/strong><strong>and New Capital power plants next week<\/strong> at a combined production capacity of 4,800 MW, <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/17\/1023311\">Al Borsa reports<\/a>.<\/p>\n<p><strong>Nile University is inaugurating its 2017-18 Business School Guest Speakers Series <\/strong>with a talk headlined \u201cIs the IMF-Egyptian program for economic restructuring on the right track?\u201d Speakers on the panel discussion will include former supply minister Gouda Abdel-Khalek, former finance minister Ahmed Galal, and Nile University business school dean Hassan Aly. <a href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLScBINS5iQqvn5ak8DrDV1XgBJR-vE7pT74U65v154MFuq-kDQ\/viewform?c=0&w=1\">You can register to attend here<\/a> if you\u2019re so inclined.<\/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=\"647740\" 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=\"647740\">\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\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\">\r\n                            IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates                        <\/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\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\" 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\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/')\">\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\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n 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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=IMF%E2%80%99s+Chris+Jarvis+with+Lamees%2C+Adib+on+the+hunt+for+2018+presidential+candidates+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fimfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates%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\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647740\" class=\"content-area-description single-story post-647740 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>On what was the most boring night on the airwaves this week, the only development of note was substantial: <strong>IMF Egypt Mission Chief Chris Jarvis\u2019 video call with Hona Al Asema\u2019s Lamees Al Hadidi<\/strong>.<\/p>\n<p><strong>The IMF is not throwing us under the bus: <\/strong>Jarvis told Lamees that the IMF was particularly pleased with the Egyptian government\u2019s efforts to cut fuel subsidies over the next three years and push inflation figures down to single digits, implying \u2014 in the most subtle way possible \u2014 that the <strong>Fund will not be pushing Egypt to hike fuel prices come July.<\/strong> Energy subsidy reforms are necessary, Jarvis said, as they will allow the government to better allocate its resources towards health and education.<\/p>\n<p><strong>IMF board to sign-off on the institution\u2019s staff-level agreement with Egypt over the <\/strong><strong>coming weeks: <\/strong>The IMF\u2019s Executive Board is expected to meet in a few weeks\u2019 time to sign off on the second tranche of Egypt\u2019s USD 12 bn bailout package, Jarvis also told Lamees, <strong>encouraged by a strong budget plan for FY2017-18 <\/strong>that outlines clear paths for deficit reduction and promises a primary surplus for the first time in years. Economic reform measures are also expected to reduce sovereign debt this fiscal year, he added, praising efforts to curb inflation and widen the social safety net.<\/p>\n<p>Jarvis also told Lamees that<strong> the EGP float and recently-approved investment and <\/strong><strong>industrial permits acts will also drive growth<\/strong> and improve the overall investment and business climate in the next fiscal year and beyond. (<a href=\"https:\/\/www.youtube.com\/watch?v=hQOZlkUjJqs\">watch<\/a>, runtime: 14:21).<\/p>\n<p>Over on Kol Youm, <strong>a clamorous Amr Adib was on the prowl for presidential candidates <\/strong><strong>for 2018 <\/strong>and seemed as genuinely upset as he is able to mimic over the fact that no one has yet announced their intention to run (<a href=\"https:\/\/www.youtube.com\/watch?v=viTUfh1ec78\">watch<\/a>, runtime: 1:06).<\/p>\n<p><strong>He was quick to get over it though, and moved on to an interview with Portuguese <\/strong><strong>footballer Cristiano Ronaldo\u2019s family<\/strong> that ONTV had filmed earlier in the day at the Giza plateau (<a href=\"https:\/\/www.youtube.com\/watch?v=YOgsTGBpmPw\">watch,<\/a> runtime: 7:54).<\/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=\"647741\" 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=\"647741\">\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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/\">\r\n                            Egypt to launch social aid package to combat inflation                        <\/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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/\" 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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/')\">\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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt to launch social aid package to combat inflation&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/\">\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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/&title=Egypt to launch social aid package to combat inflation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+to+launch+social+aid+package+to+combat+inflation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fegypt-to-launch-social-aid-package-to-combat-inflation%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\/18\/egypt-to-launch-social-aid-package-to-combat-inflation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647741\" class=\"content-area-description single-story post-647741 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-02\"><\/a> <strong>Egypt expects inflation to remain above 20% during the next fiscal year<\/strong>, Tamim Elyan and Ahmed Feteha write in <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-16\/egypt-sees-inflation-persisting-as-it-boosts-aid-for-the-poor\">Bloomberg<\/a>. Deputy Finance Minister Ahmed Kouchouk says the government is planning an aid package that will \u201ctarget public servants, low-income tax payers and recipients of food subsidies.\u201d The details of the plan will be announced \u201csoon,\u201d he said. This comes as the government now believes inflation will be in the 20% band during a good portion of the 2017-18 fiscal year, eventually easing to 9.7% in FY2018-19.<\/p>\n<p>Kouchouk also told Bloomberg that <strong>the budget deficit for the first nine months of the FY <\/strong><strong>2016-17 dropped to 8% of GDP<\/strong>, from 9.4% a year earlier, with primary deficit falling to 1.2% of GDP from 2.9%. He added that Egypt plans to raise USD 1.5-2 bn in international bonds next week to cover FY 2017-18\u2019s financing gap, with the following international bond sale possibly being in early 2018.<\/p>\n<p>Bloomberg also <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-17\/el-sisi-pledges-more-aid-as-egypt-s-poor-struggle-with-inflation\">took note yesterday<\/a> of President Abdel Fattah El Sisi\u2019s interview with the editors of state newspapers, in which El Sisi promised tax breaks and improved availability of subsidized staples ahead of Ramadan in a bid to help families struggling with inflation to prepare for the Holy Month.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"647748\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647749\" 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=\"647749\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/\">\r\n                            Aisha Fahmy Palace reopens its doors after extensive renovations                        <\/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\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/\" 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\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/')\">\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\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/\">\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=Aisha Fahmy Palace reopens its doors after extensive renovations&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/\">\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\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/&title=Aisha Fahmy Palace reopens its doors after extensive renovations\">\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=Aisha+Fahmy+Palace+reopens+its+doors+after+extensive+renovations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Faisha-fahmy-palace-reopens-its-doors-after-extensive-renovations%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\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/236.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647750\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/aisha-fahmy-palace-reopens-its-doors-after-extensive-renovations\/236-jpg-17\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/236.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"236.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/236.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/236.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647749\" class=\"content-area-description single-story post-647749 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>After 15 years of extensive renovations and restoration work, the Aisha Fahmy Palace <\/strong><strong>in Zamalek opened its doors<\/strong> to the public once again yesterday, serving as an arts and culture complex. Built in 1907 by Slovenian \/ Italian architect <a href=\"https:\/\/en.wikipedia.org\/wiki\/Antonio_Lasciac\">Antonio Lasciac<\/a> for Ali Pasha Fahmy\u2019s daughter, years of neglect left the historic Nileside building in a state bad enough to demand EGP 30 mn in renovation work. The interior of the 30-room palace is adorned with European-style decorations and unique silk and linen paintings. The palace has previously served as an exhibition space for works by artists including Pablo Picasso and Salvador Dali, as well as Mohamed Ali Pasha\u2019s family\u2019s jewelry collection.<\/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=\"647751\" 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=\"647751\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/egypt-in-the-news-on-18-may-2017\/\">\r\n                            Egypt in the news on 18 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\/18\/egypt-in-the-news-on-18-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\/18\/egypt-in-the-news-on-18-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\/18\/egypt-in-the-news-on-18-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=Egypt in the news on 18 May 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/egypt-in-the-news-on-18-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\/18\/egypt-in-the-news-on-18-may-2017\/&title=Egypt in the news on 18 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=Egypt+in+the+news+on+18+May+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fegypt-in-the-news-on-18-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\/18\/egypt-in-the-news-on-18-may-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647751\" class=\"content-area-description single-story post-647751 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>We\u2019ve been blessed with another day of wonderfully light coverage of Egypt in the<\/strong><strong>foreign press, <\/strong>with many outlets picking up <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/jordans-king-in-egypt-visit-discusses-mideast-issues\/2017\/05\/17\/9d576e26-3b1b-11e7-a59b-26e0451a96fd_story.html?utm_term=.0045fcfb2e40\">the Associated Press\u2019 coverage<\/a> of President Abdel Fattah El Sisi\u2019s meeting with Jordanian King Abdullah II in Cairo yesterday. Sputnik is also <a href=\"https:\/\/sputniknews.com\/politics\/201705171053710171-leaders-egypt-jordan-zones\/\">joining the conversation<\/a> with its own story that centers on the two leaders\u2019 discussions on the situation in Syria.<\/p>\n<p><strong>There are two recent signs that suggest Pope Francis\u2019 trip to Egypt \u201cmay<\/strong><strong> have been a papal trip that mattered,\u201d <\/strong><a href=\"https:\/\/cruxnow.com\/analysis\/2017\/05\/17\/signs-egypt-may-papal-trip-mattered\/\">Crux<\/a> Editor John Allen Jr writes. \u201cOne is the construction of a new Christian church with Muslim support, the other legal charges against a powerful Islamic cleric who called Christians and Jews \u2018infidels.\u2019\u201d It is still too early to judge the impact of the trip, he says, but \u201crecent days have brought intriguing signs that the pontiff\u2019s message may have captured a moment.\u201d<\/p>\n<p><strong>Former US ambassador to Cairo Daniel Kurtzer <\/strong>has waded into the debate over US President Donald Trump\u2019s alleged blurting out of national security information during a sit-down with the Russians. The piece for Forward, the venerable weekly on Jewish-American interests, is headlined \u201c<a href=\"http:\/\/forward.com\/opinion\/372155\/why-trumps-loose-lips-may-be-extraordinarily-dangerous-to-israel-and-us\/\">Why Trump\u2019s Loose Lips May Be \u2018Extraordinarily Dangerous\u2019 \u2014 To Israel And Us.<\/a>\u201d<\/p>\n<p>Otherwise, the only story out there rising to the level of even mildly interested is <a href=\"http:\/\/www.theaustralian.com.au\/national-affairs\/immigration\/safetyseeking-copts-ordered-back-to-egypt\/news-story\/9f18eeffba9456a0db0f8341ec986ac1\">The Australian<\/a>\u2019s (paywall) tale of a Coptic Egyptian family that was denied residency Down Under.<\/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=\"647752\" 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=\"647752\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/\">\r\n                            Habib El Adly\u2019s escape saga is Ramadan soap opera material                        <\/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\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/\" 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\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/')\">\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\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/\">\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=Habib El Adly\u2019s escape saga is Ramadan soap opera material&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/\">\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\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/&title=Habib El Adly\u2019s escape saga is Ramadan soap opera material\">\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=Habib+El+Adly%E2%80%99s+escape+saga+is+Ramadan+soap+opera+material+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fhabib-el-adlys-escape-saga-is-ramadan-soap-opera-material%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\/18\/habib-el-adlys-escape-saga-is-ramadan-soap-opera-material\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647752\" class=\"content-area-description single-story post-647752 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>Habib El Adly\u2019s \u201cescape\u201d saga is the stuff of which Ramadan soap operas are made, and <\/strong><strong>what happens in the series finale is anyone\u2019s guess,<\/strong> <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1135374\">Al Masry Al Youm\u2019s Mohamed Amin<\/a> writes. The public will likely follow the drama series closely, Amin says, postulating that the Mubarak-era Interior Minister may have given security forces the slip in a strategic move to embarrass the ministry he once headed. Fahmy Howeidy also <a href=\"http:\/\/www.shorouknews.com\/columns\/view.aspx?cdate=17052017&id=8bf8b6b4-6ca2-46dc-888e-3e92cfc18e31\">takes to the pages of Al Shorouk<\/a> to liken El Adly\u2019s escape to a badly produced film whose writers foolishly think viewers will actually believe the plot. Howeidy pokes holes in the story being presented about why the former Interior Minister has yet to fulfill his prison sentence, and reaches the conclusion that Mubarak-era figures are unlikely to be held fully accountable for the crimes they are accused of committing.<\/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=\"647753\" 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=\"647753\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/\">\r\n                            You can now get a tattoo that plays back audio                        <\/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\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/\" 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\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/')\">\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\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/\">\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=You can now get a tattoo that plays back audio&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/\">\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\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/&title=You can now get a tattoo that plays back audio\">\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=You+can+now+get+a+tattoo+that+plays+back+audio+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fyou-can-now-get-a-tattoo-that-plays-back-audio%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\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/860.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647754\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/you-can-now-get-a-tattoo-that-plays-back-audio\/860-jpg-20\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/860.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"860.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/860.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/860.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647753\" class=\"content-area-description single-story post-647753 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>You can now get a tattoo that actually plays back audio:<\/strong> A tattoo artist developed an app that takes an uploaded audio file \u2014 anything from a baby crying to the chorus of your favorite song \u2014 and creates a design of the audio\u2019s soundwaves. Users can then get a certified tattoo artist to memorialize said audio with a \u201csoundwave tattoo\u201d that the app will read and play back, <a href=\"https:\/\/www.youtube.com\/watch?v=TeljWioqQOw\">Mashable explains<\/a> (runtime 1:44).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647755\" 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=\"647755\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/\">\r\n                            Jordan\u2019s King Abdullah II meets President El Sisi in Cairo                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Jordan\u2019s King Abdullah II meets President El Sisi in Cairo&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/&title=Jordan\u2019s King Abdullah II meets President El Sisi in Cairo\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Jordan%E2%80%99s+King+Abdullah+II+meets+President+El+Sisi+in+Cairo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fjordans-king-abdullah-ii-meets-president-el-sisi-in-cairo%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/jordans-king-abdullah-ii-meets-president-el-sisi-in-cairo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647755\" class=\"content-area-description single-story post-647755 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>Jordan\u2019s King Abdullah II met with President Abdel Fattah El Sisi in Cairo on <\/strong><strong>Wednesday <\/strong>for talks on the Palestinian-Israeli peace process and cooperation on counterterrorism, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/268950\/Egypt\/Politics-\/Egypts-Sisi-receives-Jordans-Abdullah-II-in-Cairo-.aspx\">Ahram Online says<\/a> reports. Abdullah\u2019s one-day visit comes ahead of the Islamic-American summit slated for 21 May in Riyadh. <a href=\"http:\/\/www.petra.gov.jo\/Public_News\/Nws_NewsDetails.aspx?lang=2&site_id=1&NewsID=302441&Type=P\">Jordan News Agency (Petra)<\/a> also covered the meeting.<\/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=\"647760\" 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=\"647760\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/\">\r\n                            Rosneft, Eni sign cooperation agreement, look in oil product supplies to Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Rosneft, Eni sign cooperation agreement, look in oil product supplies to Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/&title=Rosneft, Eni sign cooperation agreement, look in oil product supplies to Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Rosneft%2C+Eni+sign+cooperation+agreement%2C+look+in+oil+product+supplies+to+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Frosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/rosneft-eni-sign-cooperation-agreement-look-in-oil-product-supplies-to-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647760\" class=\"content-area-description single-story post-647760 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>Rosneft and Eni have signed an agreement to \u201cbroaden cooperation\u201d and possibly include the joint sale of oil product supplies to Egypt, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFR4N1G704L\">Reuters<\/a> reports. \u201cRosneft said the agreement calls for expanded cooperation in hydrocarbon production, refining, marketing and trading, including in the Egyptian Zohr offshore project, where Eni controls 50 percent, Rosneft owns up to 35 percent and BP up to 15 percent. Rosneft also said it had agreed with Eni to look into cooperation in oil refining in Germany.\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\/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=\"647762\" 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=\"647762\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/\">\r\n                            US chance to sell wheat to Egypt is high                        <\/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\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/\" 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\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/')\">\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\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/\">\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 chance to sell wheat to Egypt is high&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/\">\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\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/&title=US chance to sell wheat to Egypt is high\">\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+chance+to+sell+wheat+to+Egypt+is+high+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fus-chance-to-sell-wheat-to-egypt-is-high%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\/18\/us-chance-to-sell-wheat-to-egypt-is-high\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647762\" class=\"content-area-description single-story post-647762 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 General Authority for Supply Commodities (GASC) purchased 295k tonnes of wheat from Ukraine, Russia, Romania, and the United States, to be delivered between 15 and 24 June, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334293\">Al Mal reports<\/a>. The US, which sold Egypt wheat earlier in May <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-08\/u-s-sends-first-wheat-cargo-to-top-buyer-egypt-since-january\">for the first time in four months<\/a>, offered two of the lowest prices in the tender GASC issued on Tuesday, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-05-17\/u-s-wheat-gets-a-chance-in-egypt-as-new-terms-rule-out-france\">Bloomberg<\/a> reports. Egypt raised its requirement for the wheat\u2019s protein content, which pushed France out of the mix but bode well for the US, which has \u201cplenty\u201d of the higher-protein wheat.<\/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=\"647764\" 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=\"647764\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/\">\r\n                            Alpla launches new production plant in 10th of Ramadan                        <\/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\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/\" 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\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/')\">\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\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/\">\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=Alpla launches new production plant in 10th of Ramadan&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/\">\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\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/&title=Alpla launches new production plant in 10th of Ramadan\">\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=Alpla+launches+new+production+plant+in+10th+of+Ramadan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Falpla-launches-new-production-plant-in-10th-of-ramadan%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\/18\/alpla-launches-new-production-plant-in-10th-of-ramadan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647764\" class=\"content-area-description single-story post-647764 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Austrian packaging manufacturer Alpla launched a new EUR 25 mn plant in 10th of Ramadan City yesterday through its joint venture Alpla Taba, according to <a href=\"https:\/\/www.plasteurope.com\/news\/ALPLA_t236937\/\">Plasteurope.com<\/a>. Alpla had bought a majority share in Taba Group <a href=\"https:\/\/enterprise.press\/stories\/2015\/12\/03\/its-auction-day-and-tarek-amer-promised-an-exceptional-auction-in-the-near-future-during-meeting-with-el-sisi\/\">acquired in 2015 a plant in El Obour City from Greece\u2019s Argo.<\/a><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647766\" 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=\"647766\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/\">\r\n                            MPs raise a stink about budget allocation for healthcare in FY2017-18                        <\/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\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/\" 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\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/')\">\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\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/\">\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=MPs raise a stink about budget allocation for healthcare in FY2017-18&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/\">\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\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/&title=MPs raise a stink about budget allocation for healthcare in FY2017-18\">\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=MPs+raise+a+stink+about+budget+allocation+for+healthcare+in+FY2017-18+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fmps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18%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\/18\/mps-raise-a-stink-about-budget-allocation-for-healthcare-in-fy2017-18\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647766\" class=\"content-area-description single-story post-647766 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> Members of the House of Representatives\u2019 Health Committee raised a stink about the budget allocation for healthcare projects in FY2017-18 during Wednesday\u2019s discussion session, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=17052017&id=e87f3022-8ead-47e6-9064-33af9a298daa\">Al Shorouk reported<\/a>. MPs said that the EGP 54 bn allocation is not enough to cover the country\u2019s needs, especially since EGP 13 bn of those are going into sanitation and drinking water projects \u2014 which they said should not even be part of the country\u2019s healthcare budget. Including military- and police-run hospitals in the budget was also a point of contention. Budget discussions are <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1135313\">also ongoing<\/a> over at the House Committee on Housing.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647767\" 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=\"647767\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/\">\r\n                            State to reclaim 421 feddans in 10 governorates by end of May                        <\/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\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/\" 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\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/')\">\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\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/\">\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=State to reclaim 421 feddans in 10 governorates by end of May&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/\">\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\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/&title=State to reclaim 421 feddans in 10 governorates by end of May\">\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=State+to+reclaim+421+feddans+in+10+governorates+by+end+of+May+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fstate-to-reclaim-421-feddans-in-10-governorates-by-end-of-may%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\/18\/state-to-reclaim-421-feddans-in-10-governorates-by-end-of-may\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647767\" class=\"content-area-description single-story post-647767 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government plans to reclaim 421 feddans of state-owned land in 10 governorates by the end of May, the Interior Ministry said on Wednesday, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/268965\/Egypt\/Politics-\/Egypt-reclaims--feddans-of-state-land-illegally-ap.aspx\">according to 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\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647768\" 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=\"647768\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/\">\r\n                            GB Auto launches new promotional campaign with discounts up to EGP 17k                        <\/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\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/\" 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\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/')\">\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\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/\">\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=GB Auto launches new promotional campaign with discounts up to EGP 17k&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/\">\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\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/&title=GB Auto launches new promotional campaign with discounts up to EGP 17k\">\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=GB+Auto+launches+new+promotional+campaign+with+discounts+up+to+EGP+17k+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fgb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k%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\/18\/gb-auto-launches-new-promotional-campaign-with-discounts-up-to-egp-17k\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647768\" class=\"content-area-description single-story post-647768 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>GB Auto <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334272\">kicked off a new promotional campaign<\/a> on Wednesday offering discounts of EGP 10-17k on select models of its Geely, Hyundai, and Chery brands in a bid to stimulate market demand. The company is <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334279\">also offering<\/a> a year of free after-sales services for new purchases of Hyundai\u2019s Tucson model.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647769\" 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=\"647769\">\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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/\">\r\n                            Finance Ministry forces stay on capital gains tax collection until law is passed                        <\/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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/\" 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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/')\">\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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/\">\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=Finance Ministry forces stay on capital gains tax collection until law is passed&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/\">\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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/&title=Finance Ministry forces stay on capital gains tax collection until law is passed\">\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=Finance+Ministry+forces+stay+on+capital+gains+tax+collection+until+law+is+passed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Ffinance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed%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\/18\/finance-ministry-forces-stay-on-capital-gains-tax-collection-until-law-is-passed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647769\" class=\"content-area-description single-story post-647769 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The decision by the Finance Ministry telling Misr for Central Clearing, Depository, and Registry (MCDR) not to collect capital gains tax on stock market transactions enforces a stay on the tax\u2019s application until the House of Representatives reconvenes on 29 May, sources told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334195\">Al Mal<\/a>. The Ministry\u2019s decision effectively waits for parliament to vote on the capital gains tax law fully and implement it. The parliament\u2019s planning and budget subcommittee had amended the income tax law to include a clause allowing for not collecting capital gains tax from 17 May until the final law comes into effect. Capital gains tax is expected to be levied at 0.125% on each side of the transaction from when the law comes into effect to 30 May 2018, and increased gradually from there. <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/17\/1023044\">Al Borsa<\/a>, on the other hand, reports that EFSA has asked investment funds to set aside the payable capital gains taxes starting from 17 May, in order to be able to calculate the funds\u2019 net asset values accurately.<\/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=\"647771\" 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=\"647771\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/\">\r\n                            Labor advocacy groups not happy with proposed Labor Act                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" 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\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/\" 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\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/')\">\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\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/\">\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=Labor advocacy groups not happy with proposed Labor Act&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/\">\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\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/&title=Labor advocacy groups not happy with proposed Labor Act\">\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=Labor+advocacy+groups+not+happy+with+proposed+Labor+Act+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Flabor-advocacy-groups-not-happy-with-proposed-labor-act%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\/18\/labor-advocacy-groups-not-happy-with-proposed-labor-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647771\" class=\"content-area-description single-story post-647771 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian labor advocacy groups are not too happy with the proposed Labor Act currently being discussed by the House of Representatives and will be drafting a memo for MPs with their objections, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334290\">Al Mal said on Wednesday<\/a>. The Labor Act is meant to outlaw discrimination in the workplace and strike a balance between the needs of workers and employers.<\/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\/legislation-policy\/\">Legislation + Policy<\/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=\"647772\" 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=\"647772\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/\">\r\n                            Egyptian museums allow visitors in free of charge for the day                        <\/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\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/\" 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\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/')\">\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\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/\">\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 museums allow visitors in free of charge for the day&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/\">\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\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/&title=Egyptian museums allow visitors in free of charge for the day\">\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+museums+allow+visitors+in+free+of+charge+for+the+day+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F18%2Fegyptian-museums-allow-visitors-in-free-of-charge-for-the-day%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\/18\/egyptian-museums-allow-visitors-in-free-of-charge-for-the-day\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647772\" class=\"content-area-description single-story post-647772 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>Happy International Museum Day: <\/strong>Museums across Egypt are allowing local and foreign visitors in free of charge today to commemorate International Museum Day, the Antiquities Ministry announced on Wednesday, <a href=\"http:\/\/www.ahram.org.eg\/News\/202268\/16\/594662\/%D8%A7%D9%84%D8%A7%D8%AE%D9%8A%D8%B1%D8%A9\/%D9%81%D8%AA%D8%AD-%D8%AC%D9%85%D9%8A%D8%B9-%D8%A7%D9%84%D9%85%D8%AA%D8%A7%D8%AD%D9%81-%D8%A7%D9%84%D8%A3%D8%AB%D8%B1%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D9%85%D8%AC%D8%A7%D9%86-%D8%A7%D9%84%D9%8A%D9%88%D9%85-.aspx\">according to Al Ahram.<\/a><\/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=\"647774\" 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=\"647774\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/by-the-numbers-54\/\">\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\/18\/by-the-numbers-54\/\" 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\/18\/by-the-numbers-54\/')\">\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\/18\/by-the-numbers-54\/\">\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\/18\/by-the-numbers-54\/\">\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\/18\/by-the-numbers-54\/&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%2F18%2Fby-the-numbers-54%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\/18\/by-the-numbers-54\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647774\" class=\"content-area-description single-story post-647774 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 18.0362 | Sell 18.1397<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> (Wednesday): 13,064 (+1.0%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (40% below the 90-day average)<br \/>\n <strong>EGX30 year-to-date<\/strong>: +5.8%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session up 1.0%. CIB, the index heaviest constituent ended up 1.0%. EGX30\u2019s top performing constituents were: SODIC up 3.5%, Eastern Co. up 3.1%, and Heliopolis Housing up 2.8%. Yesterday\u2019s worst performing stocks were: Egyptian Iron & Steel down 1.6%, Telecom Egypt down 1.1%, and Qalaa Holdings down 1.0%. The market turnover was EGP 1.3 bn, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP -25.9 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP -2.0 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP +27.9 mn<\/p>\n<p><strong>Retail<\/strong>: 52.9% of total trades | 51.4% of buyers | 54.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 47.1% of total trades | 48.6% of buyers | 45.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 18.2% of total | 17.3% of buyers | 19.2% of sellers<br \/>\n <strong>Regional:<\/strong> 26.8% of total | 26.7% of buyers | 26.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 55.0% of total | 56.0% of buyers | 54.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 49.00 (-0.14%)<br \/>\n <strong>Brent:<\/strong> USD 52.13 (-0.15%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.21 MMBtu, (+0.53%, June 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,259.30 \/ troy ounce (+0.05%)<\/p>\n<p><strong>TASI:<\/strong> 6,947.36 (+0.10%) (YTD: -3.65%)<br \/>\n <strong>ADX:<\/strong> 4,593.72 (+0.25%) (YTD: +1.04%)<br \/>\n <strong>DFM:<\/strong> 3,395.06 (+0.54%) (YTD: -3.85%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 405.13 (+0.66%) (YTD: +6.59%)<br \/>\n <strong>QE:<\/strong> 10,144.89 (+0.19%) (YTD: -2.80%)<br \/>\n <strong>MSM:<\/strong> 5,423.17 (-0.17%) (YTD: -6.22%)<br \/>\n <strong>BB: <\/strong>1,309.76 (-0.29%) (YTD: +7.32%)<\/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=\"647775\" 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\/18\/647775\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647775\" class=\"content-area-description single-story post-647775 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>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>15-19 July (Saturday-Wednesday): <a href=\"http:\/\/www.geomeast2017.org\/\">SSIGE\u2019s GeoMEast 2017 International Congress and Exhibition<\/a>, Sharm El Sheikh.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>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>18-19 September (Monday-Tuesday): <a href=\"http:\/\/www.euromoneyconferences.com\/egypt.html?PageID=206706&SeriesID=11\">Euromoney Egypt conference<\/a>, venue TBD.<\/p>\n<p>20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<p>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":647735,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-647734","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"2f73e981-12ec-44a9-9df1-0c375ea67c5e","teaser":"","photo_url":"https:\/\/ent.news\/2017\/5\/1084.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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