{"id":647947,"date":"2017-05-24T04:11:38","date_gmt":"2017-05-24T04:11:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=647947"},"modified":"2025-12-17T21:16:59","modified_gmt":"2025-12-17T21:16:59","slug":"the-full-budget-draft-is-out-plus-mobius-wants-us-reclassified-as-frontier","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/the-full-budget-draft-is-out-plus-mobius-wants-us-reclassified-as-frontier\/","title":{"rendered":"The full budget draft is out. Plus: Mobius wants us reclassified as frontier."},"content":{"rendered":"<section id=\"647949\" 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=\"647949\">\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\/24\/what-were-tracking-on-24-may-2017\/\">\r\n                            What we\u2019re tracking on 24 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\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-may-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 24 May 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/what-were-tracking-on-24-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\/24\/what-were-tracking-on-24-may-2017\/&title=What we\u2019re tracking on 24 May 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+24+May+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fwhat-were-tracking-on-24-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\/24\/what-were-tracking-on-24-may-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647949\" class=\"content-area-description single-story post-647949 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>The central bank\u2019s decision to raise interest rates 200 bps was \u201chistoric\u201d and any <\/strong><strong>detractors simply don\u2019t get it, CBE Governor Tarek Amer<\/strong> said yesterday in his first public statement on the move. He implied that those who disapprove of the move are looking for short-term gains. Amer declared that inflation was worse for companies than a marginal hike in interest rates, reports <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1138317\">Al Masry Al Youm<\/a>. Amer asserted controlling inflation was the primary mandate of an \u201cindependent central bank.\u201d His comments came at a <strong>presser announcing a EGP 30 bn CBE microfinance initiative<\/strong>, which we attended. You can catch our coverage of the presser in Spotlight, below.<\/p><p><strong>Are we joining OPEC\u2019s output cuts or not? <\/strong>The oil cartel is expected to announce a nine-month extension of its output cuts when it meets tomorrow. Kuwait\u2019s oil minister says his Saudi counterpart \u201chas talked to several countries including Norway, including Turkmenistan, including Egypt, and they have made signs of their willingness to join the collaboration,\u201d <a href=\"http:\/\/www.reuters.com\/article\/us-opec-oil-idUSKBN18J1B4\">according to Reuters<\/a>. We have more in Speed Round, below.<\/p><p><strong>Austrian Chancellor Christian Kern is due to meet President Abdel Fattah El Sisi<\/strong> in Cairo today, after which the two will hold a joint press conference, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1518167.aspx\">Ahram Gate reports<\/a>.<\/p><p><strong>PSA for Giza residents:<\/strong> Water service will be interrupted in certain parts of Giza starting today at 8 AM and until Thursday morning due to construction on the Rod El Farag Axis project, according to the Holding Company for Water and Wastewater.<\/p><p>Al Jazeera learns how hard Karma can hit after the <strong>UAE blocked Aljazeera.net<\/strong>, the outlet <a href=\"http:\/\/www.aljazeera.net\/news\/arabic\/2017\/5\/23\/%D8%A7%D9%84%D8%A5%D9%85%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AA%D8%AD%D8%B8%D8%B1-%D9%85%D9%88%D9%82%D8%B9-%D8%A7%D9%84%D8%AC%D8%B2%D9%8A%D8%B1%D8%A9-%D9%86%D8%AA\">said<\/a> on Tuesday.<\/p><p><strong>With Ramadan just days away <\/strong>(we\u2019ll know Thursday evening whether the fast begins on Friday or Saturday),<strong> our thoughts have already turned to food<\/strong>. Cue the perfectly timed publication of the New York Times food section\u2019s beautiful, clear and simple <a href=\"https:\/\/cooking.nytimes.com\/guides\/5-how-to-make-burgers\"><strong>How to Make Burgers<\/strong><\/a>, with a particular emphasis on using cast iron or other heavy-bottomed frying pans in your kitchen.<\/p><p><strong>It\u2019s turning out to be another crappy year on the dead celebrities front. <\/strong>This past weekend, it was <strong>Soundgarden frontman and godfather of grunge Chris Cornell<\/strong>, dead in a suicide at age 52. (We don\u2019t normally do the NYT for music coverage, but they owned coverage of his death with their <a href=\"https:\/\/www.nytimes.com\/2017\/05\/18\/arts\/music\/chris-cornell-dead-soundgarden.html\">rock-solid obituary<\/a>, an <a href=\"https:\/\/www.nytimes.com\/2017\/05\/18\/arts\/music\/chris-cornell-soundgarden-audioslave-voice.html\">early appraisal of his legacy<\/a> and list of his <a href=\"https:\/\/www.nytimes.com\/2017\/05\/18\/arts\/music\/chris-cornell-soundgarden-best-songs-playlist.html\">top 10 songs<\/a>, which is really missing only Birth Ritual and Heretic.) This morning, it\u2019s <strong>Roger Moore<\/strong>, and once again we find ourselves agreeing entirely with A.O. Scott, who writes that \u201c<a href=\"https:\/\/www.nytimes.com\/2017\/05\/23\/movies\/roger-moore-was-the-best-bond-because-he-was-the-gen-x-bond.html?_r=0\">Roger Moore Was the Best Bond Because He Was the Gen X Bond<\/a>.\u201d Moore was 89 and passed of cancer in Switzerland, <a href=\"https:\/\/www.nytimes.com\/2017\/05\/23\/movies\/roger-moore-dead-james-bond.html?_r=0\">according to his obituary<\/a>.<\/p><p><strong>This morning\u2019s edition of Enterprise is brought to you by <\/strong>the <a href=\"https:\/\/itunes.apple.com\/ca\/playlist\/soundgarden-essentials\/idpl.7e8973a0d5c1459dac7fda082df8b781\">Soundgarden Essentials<\/a> and <a href=\"https:\/\/itunes.apple.com\/ca\/playlist\/soundgarden-next-steps\/idpl.7e974bc6037448cc83f63c7bbe2e47c1\">Soundgarden Next Steps<\/a> playlists on Apple Music, with a few of tracks from late \u201880s and early \u201890s concert bootlegs thrown in.<\/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=\"647950\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n 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opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-e2u5kc3\" data-v=\"4\" data-block-id=\"e2u5kc3\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-e2u5kc3-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-e2u5kc3-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-wc9tsnm\" data-v=\"4\" data-block-id=\"wc9tsnm\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-wc9tsnm-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-wc9tsnm-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240924.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.sodic.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27487.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Live More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-5gla9q1\" data-v=\"4\" data-block-id=\"5gla9q1\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5gla9q1-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5gla9q1-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-sg8zyou\" data-v=\"4\" data-block-id=\"sg8zyou\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-sg8zyou-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-sg8zyou-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" 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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=\"647951\" 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=\"647951\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/on-the-horizon-223\/\">\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 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id=\"post-647951\" class=\"content-area-description single-story post-647951 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>EGX trading hours during Ramadan will be from 10:00 am to 1:30 pm<\/strong>, the <a href=\"http:\/\/egx.com.eg\/arabic\/NewsDetails.aspx?NewsID=162081\">bourse announced<\/a> this week. The shortened trading day kicks into effect on Sunday.<\/p>\n<p>The Petroleum Ministry is expected to announce the<strong> results of its global gold exploration <\/strong><strong>tender <\/strong>before the end of next week, officials said.<\/p>\n<p><strong>The Contractors\u2019 Compensation Act<\/strong> could be coming to a plenary session vote at the House by 29 May.<\/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=\"647952\" 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=\"647952\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\">\r\n                            Interest rate hike still dominating the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Interest rate hike still dominating the airwaves&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/&title=Interest rate hike still dominating the airwaves\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Interest+rate+hike+still+dominating+the+airwaves+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Finterest-rate-hike-still-dominating-the-airwaves%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/interest-rate-hike-still-dominating-the-airwaves\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647952\" class=\"content-area-description single-story post-647952 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>The Central Bank\u2019s decision to hike interest rates by 200 bps still preoccupied the nation\u2019s talking heads on the airwaves last night.<\/p>\n<p>On Masaa DMC, <strong>Prime Holdings Head of Research Abu Bakr Imam told Osama Kamal that <\/strong><strong>the interest rate hike\u2019s cons far outweigh its benefits<\/strong>, explaining that Egypt\u2019s elevated inflation levels are a result of higher production costs on the back of the float of the EGP and not higher demand (<a href=\"https:\/\/www.youtube.com\/watch?v=DRCCEHm_A58\">watch,<\/a> runtime: 2:30). <strong>Kamal also spoke to veteran research analyst Hany Genena<\/strong>, who said he believes that the CBE\u2019s decision was a move in the right direction (<a href=\"https:\/\/www.youtube.com\/watch?v=lratOGzrP2g\">watch<\/a>, runtime: 5:21).<\/p>\n<p>Over on Hona Al Asema, <strong>MP and Federation of Egyptian Industries (FEI) chief Mohamed <\/strong><strong>Elsewedy complained to Lamees Al Hadidi <\/strong>about how \u201cthese repeated interest rate hikes\u201d will harm industry, explaining that manufacturers around the world \u2014 \u201cour foreign competitors\u201d \u2014 are given special interest rates as incentives (<a href=\"https:\/\/www.youtube.com\/watch?v=yxEJrQTzOqE\">watch<\/a>, runtime: 4:47).<\/p>\n<p><strong>Lamees also spoke to Egyptian Gulf Bank Executive Director Nidal Assar, <\/strong>who said that the bank has no plans to raise interest rates on CD but will be gradually increase rates on savings accounts. As for his view on the hike, Assar said people need to understand that it\u2019s only a temporary measure that should dissipate once Egypt\u2019s inflation levels begin to cool further (<a href=\"https:\/\/www.youtube.com\/watch?v=YZuZQr_6sXo\">watch<\/a>, runtime: 4:31).<\/p>\n<p><strong>Lamees then moved on talk about the new furniture city in Damietta, <\/strong>where work officially started yesterday. Trade Minister Tarek Kabil told the host that the city will be equipped with state-of-the-art equipment to help the city \u2014 home to two-thirds of Egypt\u2019s furniture industry \u2014 improve its production capabilities (<a href=\"https:\/\/www.youtube.com\/watch?v=ofFuaS3dm5I\">watch<\/a>, runtime: 7:21).<\/p>\n<p>Meanwhile on Kol Youm, <strong>Amr Adib spoke to MP Mostafa El Gendy about the struggle to <\/strong><strong>reclaim state-owned land from trespassers<\/strong>, which El Gendy said has been a long time coming (<a href=\"https:\/\/www.youtube.com\/watch?v=aIEi6D7-PYU\">watch<\/a>, runtime: 4:58). Adib said that President Abdel Fattah El Sisi\u2019s speech today about the issue made it sound as though \u201csome people in high places\u201d believe themselves to be above the land reclamation campaign (<a href=\"https:\/\/www.youtube.com\/watch?v=xHjb3QaOJx0\">watch<\/a>, runtime: 10:51).<\/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=\"647953\" 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=\"647953\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/\">\r\n                            Gov\u2019t targets primary surplus next fiscal year, sees economic growth at 4.6%                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t targets primary surplus next fiscal year, sees economic growth at 4.6%&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/&title=Gov\u2019t targets primary surplus next fiscal year, sees economic growth at 4.6%\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+targets+primary+surplus+next+fiscal+year%2C+sees+economic+growth+at+4.6%25+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fgovt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-targets-primary-surplus-next-fiscal-year-sees-economic-growth-at-4-6\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647953\" class=\"content-area-description single-story post-647953 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The Finance Ministry <\/strong><a href=\"http:\/\/www.mof.gov.eg\/MOFGallerySource\/Arabic\/budget2017-2018\/Financial-Statement-2017-2018.pdf\"><strong>made its budget proposal public yesterday (pdf, Arabic, 146<\/strong><strong> pp)<\/strong><\/a><strong>: <\/strong>The government is targeting a primary surplus of 0.3% of GDP in FY 2017-18 according to the Finance Ministry\u2019s budget proposal (and <a href=\"http:\/\/www.mof.gov.eg\/MOFGallerySource\/Arabic\/budget2017-2018\/analytical_statement17-18.pdf\">financial statement<\/a>) presented to the House of Representatives. The primary surplus is expected to increase to 1.7-2% of GDP in FY 2018-19. Overall the budget deficit is expected to come at 9% of GDP in FY 2017-18, down from the 10.5-10.8% projected for FY 2016-17. For the current fiscal year, the budget deficit for the first nine months <a href=\"http:\/\/www.reuters.com\/article\/egypt-deficit-idUSL8N1IP2SW\">dipped<\/a> to 8% of GDP from 9.4% during the same period last year, the Ministry said. <strong>The budget proposal assumes GDP growth will be no less than 4.6% in FY 2017-18<\/strong>, which would create jobs, lowering the unemployment rate to 11-12% in the same year and to below 10% in the medium term.<\/p>\n<p><strong>The government plans to cut the budget deficit by growing its revenue base 29.6% y-o-y <\/strong><strong>from FY 2016-17\u2019s levels<\/strong>, predominantly through increased tax revenues, compared to a 21.3% y-o-y increase in expenditures. On the revenue side, the base value-added tax rate will rise to 14% from 13% currently, which is expected to increase tax revenues by 0.2-0.3% y-o-y in FY 2017-18. The government will also work on <strong>implementing the civil service act, reform the subsidies regime, and expand cash transfers to qualified welfare beneficiaries<\/strong> in lieu of subsidising commodities. The government will also target reducing the ratio of gross debt to GDP to 95% from the projected rate of 102% in FY 2016-17.<\/p>\n<p><strong>One thing that caught our eye is the government\u2019s plan to completely reshape the <\/strong><strong>subsidy regime by relying proportionally more on cash subsidies.<\/strong> The Finance Ministry plans to cut petroleum product subsidies to 33% of total subsidy spending in FY2017-18 compared. By comparison, petroleum subsidies accounted for 64% of all subsidy spending in FY2011-12. With spending on subsidies already projected to grow by 19.5% y-o-y in FY 2017-18, the additional funds will be allocated towards subsidising electricity and to have the state\u2019s contribution to retirement funds increase to 19% of the total subsidy spending.<\/p>\n<p><strong>Funds earmarked for the Takaful, Karama and other cash-handout programs are set to <\/strong><strong>increase to EGP 15.4 bn<\/strong> in FY 2017-18 from EGP 10 bn a year earlier. This comes despite spending on petroleum products being expected to increase by 214.3% y-o-y in FY 2017-18 because of the increase in average oil prices globally and the drop in the value of the EGP.<\/p>\n<p><strong>The Finance Ministry also says it is committed to maintaining the constitutional spending <\/strong><strong>requirement on health and education<\/strong>, while avoiding accounting tricks that would include reclassifying other items as part of the spending. In total, the Ministry says spending on education, higher education, research, and health will be 10.3% of GDP, slightly higher than the total of 10% of GDP required constitutionally.<\/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=\"647967\" 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=\"647967\">\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\">Spotlight<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/\">\r\n                            CBE Microfinance to push out EGP 30 bn in subsidized financing to as many as 10 mn borrowers within four years                        <\/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\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/\" 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\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/')\">\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\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=CBE Microfinance to push out EGP 30 bn in subsidized financing to as many as 10 mn borrowers within four years&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/\">\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\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/&title=CBE Microfinance to push out EGP 30 bn in subsidized financing to as many as 10 mn borrowers within four years\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=CBE+Microfinance+to+push+out+EGP+30+bn+in+subsidized+financing+to+as+many+as+10+mn+borrowers+within+four+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fcbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years%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\/24\/cbe-microfinance-to-push-out-egp-30-bn-in-subsidized-financing-to-as-many-as-10-mn-borrowers-within-four-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647967\" class=\"content-area-description single-story post-647967 post type-post status-publish format-standard hentry category-spotlight tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>The Central Bank of Egypt launched a new microfinance initiative yesterday <\/strong><strong>that aims to funnel EGP 30 bn to around 10 mn beneficiaries over the next four years.<\/strong> The initiative, which was first hinted at <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/18\/cbe-efsa-encourage-new-partnerships-between-banks-microfinance-lenders\/\">back in December<\/a> and was formed in collaboration with the Egyptian Microfinance Federation (EMF) and the Egyptian Financial Supervisory Authority (EFSA), was announced by CBE Governor Tarek Amer at a presser we attended yesterday. Key features of the initiative include:<\/p>\n<ul>\n<li><strong>Eight banks will offer subsidized funding to three microfinance companies and around 752 EFSA-accredited institutions and NGOs<\/strong> working under the umbrella of the EMF. The funding will then be on-lended to individuals or and micro-enterprises seeking specific forms of financing. Recipients may also be able to access direct funding from the Microfinance Projects Development Authority (former Social Fund for Development) and banks.<\/li>\n<li><strong>The initiative will be rolled into the CBE\u2019s SME-funding initiative<\/strong>, which requires banks grow their SME businesses to 20% of their portfolios by 2020. Microfinance under the initiative will be counted towards that SME quota funding, according to a CBE <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/05\/Microfinance-Press-release.pdf\">press release<\/a>.<\/li>\n<\/ul>\n<p><strong>Other highlights from the conference<\/strong>, which was attended by other senior CBE, government, and banking sector officials include:<\/p>\n<ul>\n<li><strong>The move appears to be part of a wider financial inclusion strategy which include a new emphasis on mobile payments.<\/strong> The CBE will hold a meeting with President Abdel Fattah El Sisi to discuss a wide-reaching mobile payments policy, said Governor Tarek Amer. There are now 7 mn mobile payments customers in Egypt, he added. <\/li>\n<li><strong>The immediate aim is to see<\/strong> <strong>micro enterprises grow into small, and then to medium enterprises<\/strong>, said Deputy Governor Gamal Negm.<\/li>\n<li><strong>Technology is expected to play a leading role in the initiative<\/strong>, said Hisham Ezz El Arab, chairman of CIB and the Federation of Egyptian Banks. He <a href=\"http:\/\/www.youm7.com\/story\/2017\/5\/23\/%D8%A7%D8%AA%D8%AD%D8%A7%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%88%D9%83-%D9%8A%D8%AF%D8%B9%D9%88-%D9%84%D8%A7%D8%B9%D8%AA%D8%A8%D8%A7%D8%B1-%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D9%85%D8%AA%D9%86%D8%A7%D9%87%D9%89-%D8%A7%D9%84%D8%B5%D8%BA%D8%B1-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D9%84%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D8%B4%D9%85%D9%88%D9%84\/3250278\">stressed<\/a> the necessity for the banking sector to make microfinance a crucial part of the banking sector\u2019s strategy going forward. <\/li>\n<li>It aims to reach <strong>places that are most in need, namely Upper Egypt<\/strong>. The main sector in need being the agricultural sector in rural areas, said EMF chairman Mona Zulficar. Total microfinance loans in the market <strong>reached EGP 6.7 bn as of the end of 2016, benefiting 2 mn customers<\/strong>, said Zulficar. Repayment rates on these loans has been 99.5%. <strong>Women made up 70% of microfinance beneficiaries<\/strong>, according to EFSA numbers. <\/li>\n<li><strong>Social Solidarity Minister Ghada Wali highlighted how the move<\/strong> <strong>sends a message of support from the banking sector to civil society organizations<\/strong>, stressing in publicly accessible terms the importance of building a credit history.<\/li>\n<li>The <strong>Alliance for Financial Inclusion<\/strong>, of which CBE is a member, will hold its meeting in Egypt this year in September in Sharm El Sheikh, Deputy Governor Lobna Helal said.<\/li>\n<\/ul>\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=\"647968\" 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=\"647968\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/\">\r\n                            Khaled Ali\u2019s arrest tops coverage of Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Khaled Ali\u2019s arrest tops coverage of Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/&title=Khaled Ali\u2019s arrest tops coverage of Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Khaled+Ali%E2%80%99s+arrest+tops+coverage+of+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fkhaled-alis-arrest-tops-coverage-of-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/khaled-alis-arrest-tops-coverage-of-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647968\" class=\"content-area-description single-story post-647968 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>Topping coverage of Egypt in the foreign press this morning are pickups from the wires <\/strong><strong>on the arrest of human rights lawyer Khalid Ali<\/strong>. The stories (see <a href=\"http:\/\/abcnews.go.com\/International\/wireStory\/presidential-candidate-egypt-ordered-detained-47586866\">Associated Press<\/a> and <a href=\"https:\/\/www.reuters.com\/article\/us-egypt-politics-idUSKBN18J2E8\">Reuters<\/a>) have been framing the story as an attempt by the government to arrest opposition opponents ahead of the 2018 presidential elections.<\/p>\n<p>Still high up on foreign coverage is again <strong>some beating up on Trump for minding his own <\/strong><strong>business about the domestic affairs of Middle East allies.<\/strong> Abby Phillip and David Nakamura pen yet another piece for the <a href=\"https:\/\/www.washingtonpost.com\/politics\/autocrats-hear-a-clear-message-during-trump-trip-us-will-not-lecture-on-human-rights\/2017\/05\/22\/1c7328b4-3f0c-11e7-8c25-44d09ff5a4a8_story.html?utm_term=.31754fccf60d\">Washington Post<\/a> on how he has rejected pushing allies on human rights, while <a href=\"http:\/\/thehill.com\/opinion\/bill-press\/334632-press-trump-loves-thugs\">The Hill<\/a> is now leaning purely leaning toward crass insults, calling regional leaders close to Trump \u201cthugs.\u201d <a href=\"https:\/\/www.bloomberg.com\/politics\/articles\/2017-05-22\/as-trump-and-arab-leaders-cosy-up-a-skeptical-region-grimaces\">Bloomberg<\/a> is attempting to gauge the mood on the streets of Arab countries, including Egypt, on Trump\u2019s speech in Riyadh.<\/p>\n<p><strong>The debate over the CBE raising interest rates 200 bps has carried into China\u2019s official <\/strong><a href=\"http:\/\/news.xinhuanet.com\/english\/2017-05\/23\/c_136308705.htm\"><strong>Xinhua<\/strong><\/a><strong> news agency,<\/strong> which has a roundup of views from Egyptian experts and business folks including Mohamed Attwah (economics professor, Mansoura University), Hani Berzi (CEO, Edita), and Ihab Al Desouqi (chair of Sadat Academy\u2019s economics department).<\/p>\n<p><strong>Daesh is spreading out of North Sinai and targeting minorities<\/strong>, writes Jenna Le Bras for <a href=\"http:\/\/newsweekme.com\/egypt-daesh-spreads-sinai-targets-minorities\/\">Newsweek Middle East<\/a> in a piece that attempts to cover just about everything about Daesh in Egypt. Le Bras speaks to displaced Christians from North Sinai on how their family members were killed by Daesh, and to Muslims about Daesh killing residents for cooperating with the army. <a href=\"http:\/\/newsweekme.com\/roots-daesh-egypt\/\">In a sidebar<\/a>, Lebras claims that political arrests have led to the radicalization of generations of people who become terrorists.<\/p>\n<p>Other coverage worth noting in brief this morning:<\/p>\n<ul>\n<li><strong>Tourists visiting Egypt<\/strong> should see the Egyptian Museum, the Giza Pyramids, ride a hot air balloon in Luxor, take a felucca down the Nile, and visit the White Desert, Karen Gardiner writes for television channel Bravo\u2019s <a href=\"http:\/\/www.bravotv.com\/blogs\/egypt-travel-guide-best-things-to-do-on-the-nile\">Jet Set<\/a> blog. <\/li>\n<li><strong>One asylum seeker who illegally crossed over into Israel from Egypt in November <\/strong><strong>was the sole person to do so over the past year<\/strong>, marking a drastic drop from the \u201ctens of thousands\u201d who snuck into Israel before the border fence was built in 2012, <a href=\"http:\/\/www.haaretz.com\/israel-news\/.premium-1.791124\">Haaretz reports<\/a>.<\/li>\n<li><strong>What\u2019s up with Moscow? <\/strong>Russia\u2019s Patriarch Kirill has asked Pope Tawadros II to arrange for the transfer of artefacts \u201cconnected to the Egyptian forefathers of the Coptic Orthodox church\u201d from Egypt to Moscow, <a href=\"http:\/\/tass.com\/society\/947236\">TASS says<\/a> in a very unusual introduction to a story that otherwise looks at warming ties between the two churches.<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647969\" 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=\"647969\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth reading<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/\">\r\n                            Chinese Firms Wary of Political Risks on Xi's Belt and Road                        <\/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\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/\" 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\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/')\">\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\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/\">\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=Chinese Firms Wary of Political Risks on Xi's Belt and Road&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/\">\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\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/&title=Chinese Firms Wary of Political Risks on Xi's Belt and Road\">\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=Chinese+Firms+Wary+of+Political+Risks+on+Xi%27s+Belt+and+Road+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fchinese-firms-wary-of-political-risks-on-xis-belt-and-road%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\/24\/chinese-firms-wary-of-political-risks-on-xis-belt-and-road\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647969\" class=\"content-area-description single-story post-647969 post type-post status-publish format-standard hentry category-worth-reading tag-enterpriseam tag-worth-reading wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Leading Chinese corporations are not as enthusiastic about the Belt and Road <\/strong><strong>initiative as is Chinese President Xi Jinping<\/strong>, writes Ting Shin from <a href=\"https:\/\/www.bloomberg.com\/politics\/articles\/2017-05-22\/chinese-companies-wary-of-political-risks-on-xi-s-belt-and-road\">Bloomberg<\/a>. Under the initiative, China is expected to direct USD 122 bn on infrastructure projects across 65 participant nations, almost two-thirds of which have sovereign debt ratings below investment grade. This has top Chinese firms sweating at the level of risk they might have to take on meet these investments targets. State-owned companies had already insured more than USD 400 bn in projects in the four years before the recent Belt and Road summit, while more than USD 250 bn in China\u2019s overseas investments failed between 2005 and 2015, according to the American Enterprise Institute and the Heritage Foundation\u2019s <a href=\"https:\/\/www.aei.org\/china-global-investment-tracker\/\">China Global Investment Tracker<\/a>. This comes at a time where they are struggling to cut costs and debt.<\/p>\n<p><strong>Some 71% of Chinese companies said political risk topped their concerns about investing abroad<\/strong>, according to a survey of 300 firms. Many executives even question whether top foreign investment insurer China Export & Credit Insurance Corporation, can keep with the pace of unstable governments in the region. Egypt, and some of the other countries vying for the Belt and Road investments, may be looking at less investments than previously hoped.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-reading\/\">worth reading<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647970\" 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=\"647970\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/\">\r\n                            Mozzarella sticks are so pass\u00e9 and Halloumi fries look like they\u2019re here to stay                        <\/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\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/\" 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\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/')\">\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\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/\">\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=Mozzarella sticks are so pass\u00e9 and Halloumi fries look like they\u2019re here to stay&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/\">\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\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/&title=Mozzarella sticks are so pass\u00e9 and Halloumi fries look like they\u2019re here to stay\">\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=Mozzarella+sticks+are+so+pass%C3%A9+and+Halloumi+fries+look+like+they%E2%80%99re+here+to+stay+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fmozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay%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\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1111.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647971\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/mozzarella-sticks-are-so-passe-and-halloumi-fries-look-like-theyre-here-to-stay\/1111-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1111.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1111.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1111.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1111.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647970\" class=\"content-area-description single-story post-647970 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>Mozzarella sticks are so pass\u00e9 and Halloumi fries look like they\u2019re here to stay. <\/strong>Food cart Oli Baba in London\u2019s KERB Camden market has been driving people nuts with these delicious looking fried halloumi cheese fries. \u201cForget mozzarella sticks,\u201d <a href=\"https:\/\/m.facebook.com\/story.php?story_fbid=1421756987847334&id=238808916142153\">says Culture Trip<\/a> (runtime 0:53). \u201c<strong>Covered in yoghurt and a sweet glaze, and topped with mint leaves, pomegranate seeds and chili flakes\u201d<\/strong> these halloumi fries with their \u201cMiddle Eastern twist\u201d will leave you craving more and nothing else. <strong>You don\u2019t need to go all the way to London to try them <\/strong>\u2014they look easy enough to make at home. So maybe cut down on those \u2018atayef this Ramadan and get your hands on some good halloumi. Check out the <a href=\"https:\/\/www.bbcgoodfoodme.com\/recipes\/halloumi-fries?GEO_REDIRECTED=true#.WSSwVRN95Bw\">recipe here on BBC Good Food<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647972\" 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=\"647972\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/\">\r\n                            Al Bashir says Sudan confiscated Egyptian arms with rebels                        <\/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\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/\" 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\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/')\">\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\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Al Bashir says Sudan confiscated Egyptian arms with rebels&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/\">\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\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/&title=Al Bashir says Sudan confiscated Egyptian arms with rebels\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Al+Bashir+says+Sudan+confiscated+Egyptian+arms+with+rebels+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fal-bashir-says-sudan-confiscated-egyptian-arms-with-rebels%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\/24\/al-bashir-says-sudan-confiscated-egyptian-arms-with-rebels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647972\" class=\"content-area-description single-story post-647972 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>Sudan-Egypt spat escalates again:<\/strong> Egypt is supplying Sudanese rebels with arms, Sudan\u2019s President Omar Al Bashir said, <a href=\"http:\/\/news.xinhuanet.com\/english\/2017-05\/23\/c_136308333.htm\">according to Xinhua<\/a>. Al Bashir said Sudan confiscated \u201cEgyptian armored vehicles in a recent attack by Darfur rebel movements against areas in east and north of the region.\u201d Al Bashir said \u201cthe attacking forces set out from South Sudan and Libya, with Egyptian armored vehicles taking part. We have seized these armored vehicles and great number of military vehicles and machinery \u2026 We say with high voice that they are Egyptian armored vehicles \u2026 Egypt has never provided us with any support in 20 years of war in South Sudan.\u201d<\/p>\n<p><strong>Egypt\u2019s Foreign Ministry issued an <\/strong><a href=\"https:\/\/www.facebook.com\/MFAEgypt\/?hc_ref=PAGES_TIMELINE&fref=nf\"><strong>official statement Tuesday<\/strong><\/a><strong> denying any involvement <\/strong><strong>with the Darfur rebels<\/strong> and stressing that Egypt \u201cdid not and will not ever interfere in any action that might destabilize neighboring Sudan or harm its people\u201d because it respects its sovereignty.<\/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=\"647975\" 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=\"647975\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/singapores-vallianz-signs-osv-contracts-in-egypt\/\">\r\n                            Singapore\u2019s Vallianz signs OSV contracts in 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\/24\/singapores-vallianz-signs-osv-contracts-in-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\/24\/singapores-vallianz-signs-osv-contracts-in-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\/24\/singapores-vallianz-signs-osv-contracts-in-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=Singapore\u2019s Vallianz signs OSV contracts in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/singapores-vallianz-signs-osv-contracts-in-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\/24\/singapores-vallianz-signs-osv-contracts-in-egypt\/&title=Singapore\u2019s Vallianz signs OSV contracts in 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=Singapore%E2%80%99s+Vallianz+signs+OSV+contracts+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fsingapores-vallianz-signs-osv-contracts-in-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\/24\/singapores-vallianz-signs-osv-contracts-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647975\" class=\"content-area-description single-story post-647975 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>Singapore\u2019s offshore support vessel (OSV) provider Vallianz holdings <a href=\"http:\/\/vallianz.listedcompany.com\/newsroom\/20170523_163601_545_AYIAE3TUQQOFB7ME.1.pdf\">says<\/a> it signed its first contract agreements in Egypt and Turkmenistan. Vallianz says it \u201cclinched its first contract with an Egyptian company for a three-year charter of one OSV which has commenced operations in the Red Sea.\u201d Ling Yong Wah, CEO of Vallianz, says \u201cVallianz is one of the largest OSV providers in the Middle East and has now expanded our footprint to include Egypt.\u201d Vallianz says it signed a total of USD 115 mn worth of contracts for four vessels between Egypt and Turkmenistan, but did not disclose the portion of the contract that was secured in Egypt.<\/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=\"647977\" 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=\"647977\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/shalakany-signs-education-agreement-with-bue\/\">\r\n                            Shalakany signs education agreement with BUE                        <\/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\/24\/shalakany-signs-education-agreement-with-bue\/\" 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\/24\/shalakany-signs-education-agreement-with-bue\/')\">\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\/24\/shalakany-signs-education-agreement-with-bue\/\">\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=Shalakany signs education agreement with BUE&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/shalakany-signs-education-agreement-with-bue\/\">\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\/24\/shalakany-signs-education-agreement-with-bue\/&title=Shalakany signs education agreement with BUE\">\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=Shalakany+signs+education+agreement+with+BUE+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fshalakany-signs-education-agreement-with-bue%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\/24\/shalakany-signs-education-agreement-with-bue\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647977\" class=\"content-area-description single-story post-647977 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>Shalakany Law Office signed an agreement with the British University in Egypt to provide law students with practical experience and education through workshops and an internship and mentorship program, <a href=\"https:\/\/ent.news\/2017\/5\/17.pdf\">according to a statement (pdf)<\/a>. \u201cWe are confident that this program will help talented young law students to bridge the gap between theory and practice. This initiative underlines the firm\u2019s longstanding commitment to actively contributing to the development of the legal community,\u201d Senior Partner Moataz El Mahdy said. The partnership program, which is the first of its kind in Egypt and the region, will be up for renewal in four years.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"647978\" 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=\"647978\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/\">\r\n                            Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday                        <\/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\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/\" 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\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/')\">\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\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/\">\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\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/&title=Heliopolis Housing to sign EGP 500 mn agreement with El Taamir on Thursday\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Heliopolis+Housing+to+sign+EGP+500+mn+agreement+with+El+Taamir+on+Thursday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fheliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday%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\/24\/heliopolis-housing-to-sign-egp-500-mn-agreement-with-el-taamir-on-thursday\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647978\" class=\"content-area-description single-story post-647978 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Heliopolis Housing will sign a EGP 500 mn agreement with El Taamir (Al Oula) on Thursday to finance infrastructure projects at the up and coming New Heliopolis development, Chairman Hany El Deeb <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/23\/1025904\">tells Al Borsa<\/a>. The funds will be used in part for the construction of two electrical power stations and the development\u2019s main water pipeline.<\/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=\"647979\" 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=\"647979\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/\">\r\n                            Nile Air becomes first Egyptian airline to order A321neo aircrafts                        <\/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\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/\" 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\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/')\">\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\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/\">\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=Nile Air becomes first Egyptian airline to order A321neo aircrafts&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/\">\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\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/&title=Nile Air becomes first Egyptian airline to order A321neo aircrafts\">\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=Nile+Air+becomes+first+Egyptian+airline+to+order+A321neo+aircrafts+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fnile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts%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\/24\/nile-air-becomes-first-egyptian-airline-to-order-a321neo-aircrafts\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647979\" class=\"content-area-description single-story post-647979 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Private carrier Nile Air became the first Egyptian airline to order the Airbus A321neo single-aisle aircraft, <a href=\"http:\/\/aviationtribune.com\/airlines\/africa\/nile-air-becomes-first-egypt-order-a321neo-aircraft\/\">Aviation Tribune<\/a> reports. \u201cIn April 2017, the airline successfully converted its existing order with the European manufacturer from the current generation A321ceo to the latest technology A321neo offering the best-in-class passenger comfort of any single aisle aircraft.\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\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647981\" 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=\"647981\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/\">\r\n                            GTH subsidiary awarded additional 4G spectrum in Pakistan                        <\/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\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/\" 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\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/')\">\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\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/\">\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=GTH subsidiary awarded additional 4G spectrum in Pakistan&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/\">\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\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/&title=GTH subsidiary awarded additional 4G spectrum in Pakistan\">\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=GTH+subsidiary+awarded+additional+4G+spectrum+in+Pakistan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fgth-subsidiary-awarded-additional-4g-spectrum-in-pakistan%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\/24\/gth-subsidiary-awarded-additional-4g-spectrum-in-pakistan\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647981\" class=\"content-area-description single-story post-647981 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>VEON and subsidiary Global Telecom Holding <a href=\"http:\/\/www.gtelecom.com\/documents\/10157\/208502\/Press+Release+for+4GLTE+spectrum.pdf\">announced<\/a> the acquisition of additional 4G\/LTE spectrum in Pakistan, through their local 85% owned subsidiary, Jazz. The company says Jazz won the auction, awarding it 10 MHz paired spectrum in the 1800 MHz band for a total consideration of USD 295 mn plus withholding tax of 10%.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647982\" 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=\"647982\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-egypt\/\">\r\n                            Mercedes-Benz\u2019s new CLA Shooting Brake is now available in 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\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-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\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-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\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-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=Mercedes-Benz\u2019s new CLA Shooting Brake is now available in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-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\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-egypt\/&title=Mercedes-Benz\u2019s new CLA Shooting Brake is now available in 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=Mercedes-Benz%E2%80%99s+new+CLA+Shooting+Brake+is+now+available+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fmercedes-benzs-new-cla-shooting-brake-is-now-available-in-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\/24\/mercedes-benzs-new-cla-shooting-brake-is-now-available-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647982\" class=\"content-area-description single-story post-647982 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> Mercedes-Benz Egypt released its new generation of compact cars with the new model GLA, CLA Coup\u00e9, and for the first time in Egypt, its CLA Shooting Brake, the company announced <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/05\/MB_NGCCPRL_ENMZ.docx.pdf\">in a statement on Tuesday<\/a>. The compact cars boasts newer sleek designs, bumpers, and new light-alloy wheels, said Mercedes-Benz.<\/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=\"647983\" 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=\"647983\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/\">\r\n                            Gov\u2019t mulls increasing rates on Suez Canal investment certificates                        <\/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\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/\" 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\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/')\">\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\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t mulls increasing rates on Suez Canal investment certificates&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/\">\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\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/&title=Gov\u2019t mulls increasing rates on Suez Canal investment certificates\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+mulls+increasing+rates+on+Suez+Canal+investment+certificates+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fgovt-mulls-increasing-rates-on-suez-canal-investment-certificates%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\/24\/govt-mulls-increasing-rates-on-suez-canal-investment-certificates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647983\" class=\"content-area-description single-story post-647983 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 Finance Ministry is mulling raising interest rates on Suez Canal investment certificates to 17.5%, up from 15.5%, following the central bank\u2019s decision to increase rates, sources tell <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=334903\">Al Mal<\/a>. The sources say the Ministry will deliberate the decision with the central bank. However, Vice Minister Mohamed Maait says the ministry has not yet issued a decision on the matter.<\/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=\"647986\" 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=\"647986\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/\">\r\n                            Egypt will join the NATO-like regional pact, but won\u2019t fight in Syria                        <\/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\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/\" 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\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/')\">\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\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/\">\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 will join the NATO-like regional pact, but won\u2019t fight in Syria&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/\">\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\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/&title=Egypt will join the NATO-like regional pact, but won\u2019t fight in Syria\">\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+will+join+the+NATO-like+regional+pact%2C+but+won%E2%80%99t+fight+in+Syria+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fegypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria%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\/24\/egypt-will-join-the-nato-like-regional-pact-but-wont-fight-in-syria\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647986\" class=\"content-area-description single-story post-647986 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt \"is going to join\" the Middle East military alliance pact advocated by US President Donald Trump and informally known as Arab NATO, if it is created, said MP Ahmed Ismail, member of the House of Representatives\u2019 National Security Committee. However, missing the point entirely of the nickname, Ismail tells <a href=\"https:\/\/sputniknews.com\/middleeast\/201705231053897545-egypt-arab-nato-syria\/\">Sputnik<\/a> that Egypt would not engage in active conflicts in Syria if it was called to do by the alliance as President Abdel Fattah El Sisi had declared that Syria could only be resolved peacefully. The alliance is expected to adopt a collective response clause, mimicking NATO's Article 5.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"647987\" 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=\"647987\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/\">\r\n                            Egyptian becomes first amputee to swim across Red Sea\u2019s Aqaba Gulf                        <\/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\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/\" 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\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/')\">\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\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/\">\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 becomes first amputee to swim across Red Sea\u2019s Aqaba Gulf&url=https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/\">\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\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/&title=Egyptian becomes first amputee to swim across Red Sea\u2019s Aqaba Gulf\">\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+becomes+first+amputee+to+swim+across+Red+Sea%E2%80%99s+Aqaba+Gulf+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F05%2F24%2Fegyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf%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\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1468.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"647988\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/egyptian-becomes-first-amputee-to-swim-across-red-seas-aqaba-gulf\/1468-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1468.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1468.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1468.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/5\/1468.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647987\" class=\"content-area-description single-story post-647987 post type-post status-publish format-standard has-post-thumbnail 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>Egypt\u2019s Omar Hegazy became the first amputee to swim across the Red Sea\u2019s 20 <\/strong><strong>kilometer Aqaba Gulf from Egypt to Jordan<\/strong>, <a href=\"http:\/\/www.reuters.com\/article\/us-egypt-amputee-swimmer-idUSKBN18J1XA\">Reuters said on Tuesday<\/a>. Hegazy, a 26 year-old banker who lost his left leg in a motorcycle accident two years ago, trained hard and long to regain his strength and return to his adventurous lifestyle, taking up rock-climbing, snorkeling, and even diving.<\/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=\"647991\" 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=\"647991\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/24\/by-the-numbers-58\/\">\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\/24\/by-the-numbers-58\/\" 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\/24\/by-the-numbers-58\/')\">\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\/24\/by-the-numbers-58\/\">\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\/24\/by-the-numbers-58\/\">\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\/24\/by-the-numbers-58\/&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%2F24%2Fby-the-numbers-58%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\/24\/by-the-numbers-58\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647991\" class=\"content-area-description single-story post-647991 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t\n<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 18.0197 | Sell 18.1235<\/p>\n<p><strong>EGP \/ USD at CIB:<\/strong> Buy 18.00 | Sell 18.10<\/p>\n<p><strong>EGP \/ USD at NBE: <\/strong>Buy 17.95 | Sell 18.05<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 12,792 (+1.1%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.2 bn (40% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +3.6%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session up 1.1%. CIB, the index heaviest constituent ended up 0.5%. EGX30\u2019s top performing constituents were: Amer Group up 6.7%, Porto Group up 6.3%, and EFG Hermes up 4.8%. Yesterday\u2019s worst performing stocks were: Qalaa Holdings down 4.7%, Juhayna down 1.9%, and GB Auto down 1.4%. The market turnover was EGP 1.2 bn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +31.7 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +128.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -160.1 mn<\/p>\n<p><strong>Retail<\/strong>: 58.2% of total trades | 48.5% of buyers | 67.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 41.8% of total trades | 51.5% of buyers | 32.2% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 24.3% of total | 25.6% of buyers | 23.0% of sellers<br \/>\n <strong>Regional:<\/strong> 13.3% of total | 18.6% of buyers | 7.9% of sellers<br \/>\n <strong>Domestic:<\/strong> 62.4% of total | 55.8% of buyers | 69.1% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 51.43 (-0.08%)<br \/>\n <strong>Brent:<\/strong> USD 54.18 (+0.58%)<\/p>\n<p><strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.24 MMBtu, (+0.53%, June 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,250.80 \/ troy ounce (-0.37%)<\/p>\n<p><strong>TASI:<\/strong> 6,936.37 (-0.73%) (YTD: -3.80%)<br \/>\n <strong>ADX:<\/strong> 4,546.30 (-0.13%) (YTD: -0.01%)<br \/>\n <strong>DFM:<\/strong> 3,363.60 (-0.78%) (YTD: -4.74%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 404.25 (+0.44%) (YTD: +6.36%)<br \/>\n <strong>QE:<\/strong> 10,123.00 (-0.12%) (YTD: -3.01%)<br \/>\n <strong>MSM:<\/strong> 5,401.59 (-0.22%) (YTD: -6.59%)<br \/>\n <strong>BB: <\/strong>1,309.86 (+0.07%) (YTD: +7.33%)<\/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=\"647992\" 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\/24\/647992\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-647992\" class=\"content-area-description single-story post-647992 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>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>11 June (Sunday): Egyptian Private Equity Association\u2019s annual Sohour, Four Seasons Hotel Nile Plaza, Cairo.<\/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>03-05 August (Thursday-Saturday): <a href=\"http:\/\/www.watrexexpo.com\/site\/\">Watrex Expo<\/a> Middle East, Cairo International Exhibition & Convention Center.<\/p>\n<p>26 August (Saturday): 27th <a href=\"http:\/\/www.moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8121\">Egyptian-Jordanian Joint Higher Committee<\/a> meeting, Amman Jordan. (TBC).<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/p>\n<p>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>18-19 October (Wednesday-Thursday): <a href=\"http:\/\/eventful.com\/cairo\/events\/middle-east-info-security-summit-\/E0-001-084065592-6\">Middle East Info Security Summit<\/a>, Sofitel El Gezirah, Cairo.<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>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>03-05 December (Sunday-Tuesday): <a href=\"https:\/\/www.solartecegypt.com\/en\/home.html\">Solar-Tec<\/a>, Cairo International Exhibition & Convention Centre.<\/p>\n<p>03-05 December (Sunday-Tuesday): <a href=\"https:\/\/www.electricxegypt.com\/en\/Homepage.html\">Electrix<\/a>, Cairo International Exhibition & Convention Centre.<\/p>\n<p>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/p>\n\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":647948,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-647947","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"9cd3e288-509b-4097-af0b-615e244c8b86","teaser":"","photo_url":"https:\/\/ent.news\/2016\/6\/106.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The full budget draft is out. Plus: Mobius wants us reclassified as frontier. - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/issues\/the-full-budget-draft-is-out-plus-mobius-wants-us-reclassified-as-frontier\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The full budget draft is out. 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