{"id":648548,"date":"2017-04-06T03:53:27","date_gmt":"2017-04-06T03:53:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=648548"},"modified":"2025-12-17T21:39:10","modified_gmt":"2025-12-17T21:39:10","slug":"finance-industry-veteran-mohamed-taymour-passes-at-age-75","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/finance-industry-veteran-mohamed-taymour-passes-at-age-75\/","title":{"rendered":"Finance industry veteran Mohamed Taymour passes at age 75"},"content":{"rendered":"<section id=\"648550\" 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=\"648550\">\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\/04\/06\/mohamed-taymour-a-godfather-of-egypts-second-golden-age-of-finance-dies-at-age-75\/\">\r\n                            Mohamed Taymour, a godfather of Egypt\u2019s second golden age of finance, dies at age 75                        <\/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 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data-image-title=\"1923.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1923.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1923.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648550\" class=\"content-area-description single-story post-648550 post type-post status-publish format-standard has-post-thumbnail 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><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Mohamed Taymour (1942-2017). <\/strong>Egypt\u2019s close-knit finance community mourns today the death of one of its founding fathers after Mohamed Taymour passed away at the age of 75. The nation\u2019s finance industry has had two golden ages. The first was a 50 or so year run that began with the founding of the National Bank of Egypt in 1898 by the Sir Ernest Cassel, Cairo\u2019s Suares family and Constantine Salvagos of Alexandria. That era came to an ignoble end with the Free Officers\u2019 Revolution in 1952.<\/p><p><strong>The second golden age of Egyptian finance began on a hot August day in 1980. <\/strong>As Taymour told us several years back, that\u2019s when \u201cwith two friends I decided that Egypt was entering an era in which private sector investors and institutions would need professional advice in raising funds and negotiating with the government-dominated banking sector. With only a secretary and telex machine, and sharing a small apartment with an architectural office, we launched the predecessor of EFG Hermes under the name of Technical Financial Services (TFS). By 1984, the firm had grown to a total of six professionals and we officially incorporated it as the Egyptian Financial Group (EFG). The rest, as they say, is history.\u201d<\/p><p><strong>Two pivot points led to the creation of Egypt\u2019s modern financial system. <\/strong>The first was the founding in 1975 of Chase National Bank, the institution that has become CIB. The second wasn\u2019t the passage of the 1992 capital market law, but when Taymour gave the go-ahead to Ahmed Heikal\u2019s plan to acquire a brokerage house and start up an asset management business. \u201cI still remember our sales strategy as we started seriously building out the distribution business,\u201d Heikal would later recall. \u201cNobody outside Egypt really knew who we were, so we would all come into the office on Fridays to cold call [western] asset managers. We chose the houses we would call by whether their listings were bolded in the Yellow Pages. That\u2019s how we built the international side of the business \u2014 one cold call at a time.\u201d<\/p><p>(You can <strong>read more of Taymour\u2019s reflections on founding EFG Hermes <\/strong>in the firm\u2019s <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/EFG-Hermes-Annual-Report-2009-NEW.pdf\">2010 Annual Report<\/a>. His recollections appear on pp 44-45.)<\/p><p><strong>Taymour understood that our industry is fundamentally about people. <\/strong>Looking back at EFG Hermes on the twenty-fifth anniversary of its founding, he singled out the people (including Ahmed and Hassan Heikal, Alaa Saba and Ali El-Tahri, among others), the team spirit and the code of ethics that he said had made the firm what it became. Even his choice of the lawyer who incorporated his company back in 1984 proved prescient \u2014 she was a young Mona Zulficar, who today is EFG Hermes\u2019 chairperson and a leading corporate lawyer.<\/p><p><strong>Taymour built an institution. <\/strong>In tipping his hat to the people who helped build EFG, Taymour was the first in our industry who acknowledged that good people came \u2014 and stayed to build an institution \u2014 not on the promise of good salaries, but on the prospect of being able to buy a stake in the business. In giving up equity to grow the firm (and by later bringing in Citi as a 20% partner), Taymour set EFG Hermes on course to become a truly independent multinational \u2014 and one that has never forgotten its Egyptian roots.<\/p><p><strong>Taymour was a quiet patriot<\/strong>, recalling that not long after the merger of EFG with Hermes Financial Services, he inaugurated a lecture series designed to remind his staff of where they came from. Zahi Hawass, then an obscure archaeologist, was the first speaker in the series. \u201cThe rationale was simple: Yes, we were globally experienced. Yes, we were financial professionals. But we were also Egyptian. Among the many who followed Dr. Hawass were the great colloquial poet Ahmed Fouad Negm and the famous writer and thinker Mahmoud El-Saadani,\u201d he said in 2011.<\/p><p><strong>Taymour\u2019s legacy isn\u2019t just the creation of Egypt\u2019s asset management industry in the <\/strong><strong>early 1990s <\/strong>or EFG Hermes\u2019 leadership of the privatization and IPO booms later in that decade, but the brand-name Egyptian multinationals that have thrived in no small measure because they had access to the capital market he helped create, from the Orascoms and GB Auto to EFG Hermes itself.<\/p><p><strong>Dr. Mohamed Taymour was a past <\/strong><strong>chairman of the Egyptian Capital Market Association<\/strong>, a leading industry group. Taymour stepped down as chairman of EFG Hermes in 2005 at the age of 62 and went on to become chairman of Pharos Holding. He was an active member of the board of the Tourism Fund and of the Egyptian Center for Economic Studies and served on the boards of Audi Bank and the Arab Investment Group. An industrial engineering graduate from Cairo University, he held a PhD in systems analysis from Dartmouth College. He is survived by his sons Elwy (chief executive officer of Pharos) and Sherif.<\/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=\"648552\" 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 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/on-the-horizon-231\/&title=On the horizon\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fon-the-horizon-231%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\/04\/06\/on-the-horizon-231\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648553\" class=\"content-area-description single-story post-648553 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>Cleantech alert: <\/strong>The Trade and Industry Ministry's Egypt National Cleaner Production Center (ENCPC) are launching the \u201cLeeha \u2018Eema\u201d program to finance, mentor and develop waste management startups. Some 45 startups from across Egypt will be taken through a seven-month training and networking program, with the 10 top companies in the running for prototyping grants. The program is funded by the MENA Transition Fund in Egypt through the African Development Bank (AfDB) and is part of the Green Growth Industrial Waste Management and SME Entrepreneurship Hub Project (IWEX). The deadline to apply is Wednesday, 12 April, according to a statement from ENCPC. There\u2019s an information session 7-9pm on Monday, 10 April at <a href=\"https:\/\/www.google.com.eg\/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=INJAZ+EGYPT&rflfq=1&rlha=0&rllag=29976052,31239789,2074&tbm=lcl&rldimm=13839869456513123057&tbs=lrf:!2m1!1e2!3sEAE,lf:1,lf_ui:2&*\">Injaz<\/a>, and you can <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/IWEX-PRL-VYA.pdf\">read more about the program in Arabic here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"648554\" 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=\"648554\">\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\/04\/06\/more-from-dc\/\">\r\n                            More from DC                        <\/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\/04\/06\/more-from-dc\/\" 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\/04\/06\/more-from-dc\/')\">\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\/04\/06\/more-from-dc\/\">\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=More from DC&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/more-from-dc\/\">\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\/04\/06\/more-from-dc\/&title=More from DC\">\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=More+from+DC+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fmore-from-dc%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\/04\/06\/more-from-dc\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648554\" class=\"content-area-description single-story post-648554 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>President Abdel Fattah El Sisi\u2019s visit to DC<\/strong> was still the highlight of the night on the airwaves. El Sisi is expected by the <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1113571\">local press<\/a> to remain in DC until Friday, <strong>which would overlap with Chinese President Xi Jinping\u2019s state visit<\/strong>. The Chinese leader\u2019s visit kicks off today.<\/p>\n<p><strong>AmCham Egypt President Anis Aclimandos expects an new interest in Egypt from <\/strong><strong>mid-sized US companies<\/strong> after the trip. He spoke last night with DMC\u2019s Osama Kamal (<a href=\"https:\/\/www.youtube.com\/watch?v=kGFI9RoXBCM\">watch<\/a>, runtime 12:06). <strong>US investors expressed a lot of interest<\/strong> in the Egyptian market, particularly after meeting with El Sisi, Ittihadiya Spokesperson Alaa Youssef told Yahduth Fi Misr\u2019s Sherif Amer .<\/p>\n<p>Over on Kol Youm, <strong>Amr Adib played a short clip of El Sisi\u2019s <\/strong><a href=\"https:\/\/www.youtube.com\/watch?v=uz4avzXkfWQ\"><strong>interview with Fox News<\/strong><\/a> in which the president talks about working with the Donald Trump administration on counter-terrorism, as well as Russia\u2019s involvement in Syria (<a href=\"https:\/\/www.youtube.com\/watch?v=ouJWkQsDAZ8\">watch<\/a>, runtime 3:57). (We have more on the interview in Speed Round, below). <br <strong>The host then moved on to developments in the Investment Act,<\/strong> which MP Mohamed Badrawi said was in the final round of discussions, explaining that the House of Representatives is waiting on government input on a few points before sending the bill to a plenary session for a vote next week (<a href=\"https:\/\/www.youtube.com\/watch?v=c4nt2cL1rsw\">watch<\/a>, runtime 2:20). That is not the impression we are getting in the news on the act (more in Legislation + Policy)<\/p>\n<p><strong>And because the night would not be complete without at least one reference to food, <\/strong>Adib aired a report on the rising prices of fish, which lately has been causing a stir (<a href=\"https:\/\/www.youtube.com\/watch?v=DwplL3f5a9I\">watch<\/a>, runtime 12:53). Fish vendors blame wholesalers for the surge.<\/p>\n<p>Hona Al Asema\u2019s <strong>Lamees El Hadidi was off<\/strong> last night.<\/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=\"648555\" 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=\"648555\">\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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/\">\r\n                            Foreigners bought USD 1 bn worth of Egyptian debt since mid-March                        <\/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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/\" 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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/')\">\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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/\">\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=Foreigners bought USD 1 bn worth of Egyptian debt since mid-March&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/\">\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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/&title=Foreigners bought USD 1 bn worth of Egyptian debt since mid-March\">\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=Foreigners+bought+USD+1+bn+worth+of+Egyptian+debt+since+mid-March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fforeigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march%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\/04\/06\/foreigners-bought-usd-1-bn-worth-of-egyptian-debt-since-mid-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648555\" class=\"content-area-description single-story post-648555 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Foreign holdings of Egyptian debt has grown by more than USD 1 bn since<\/strong><strong> mid-March<\/strong>, Ahmed Feteha writes for <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-04-05\/foreigners-bought-1-billion-in-egyptian-debt-since-mid-march\">Bloomberg<\/a>. He says this is \u201ca sign that investor confidence isn\u2019t waning five months after authorities floated the pound and secured an IMF loan.\u201d Foreign holdings of Egyptian government securities reached EGP 79 bn as of 4 April Samy Khallaf, head of public debt at the finance ministry, told Bloomberg.<\/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=\"648569\" 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=\"648569\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT HOLIDAY PHOTO OF THE DAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-temple-of-abu-simbel\/\">\r\n                            The temple of Abu Simbel                        <\/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\/04\/06\/the-temple-of-abu-simbel\/\" 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\/04\/06\/the-temple-of-abu-simbel\/')\">\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\/04\/06\/the-temple-of-abu-simbel\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The temple of Abu Simbel&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-temple-of-abu-simbel\/\">\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\/04\/06\/the-temple-of-abu-simbel\/&title=The temple of Abu Simbel\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+temple+of+Abu+Simbel+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fthe-temple-of-abu-simbel%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\/04\/06\/the-temple-of-abu-simbel\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/30.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"648570\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-temple-of-abu-simbel\/30-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/30.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"30.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/30.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/30.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648569\" class=\"content-area-description single-story post-648569 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-holiday-photo-of-the-day tag-egypt-holiday-photo-of-the-day tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Today\u2019s Egypt Holiday Photo of the Day is of the temple of Ramses II at Abu Simbel.<\/strong> The temple was dismantled in 1968 and moved 65 meters northwest to save it from becoming submerged under water after Egypt built the Aswan High Dam. Moving the temple was a massive, UNESCO-led project that cost over USD 40 mn at the time. That\u2019s about USD 285 mn in today\u2019s terms, if we\u2019re not mistaken.<\/p>\n<p>The image was shot for CIB\u2019s 2016 Annual Report (<a href=\"http:\/\/annualreport2016.cibeg.com\/\">microsite<\/a> and <a href=\"http:\/\/annualreport2016.cibeg.com\/CIBAnnualReport.pdf\">print edition<\/a>) by Zeina Abaza at <a href=\"http:\/\/inktankcommunications.com\/\">Inktank Communications<\/a>, which has produced the bank\u2019s annual report for the past eight years.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-holiday-photo-of-the-day\/\">Egypt Holiday Photo of the Day<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"648571\" 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=\"648571\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-deregulation-trend-in-international-markets\/\">\r\n                            The deregulation trend in international markets                        <\/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\/04\/06\/the-deregulation-trend-in-international-markets\/\" 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\/04\/06\/the-deregulation-trend-in-international-markets\/')\">\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\/04\/06\/the-deregulation-trend-in-international-markets\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The deregulation trend in international markets&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-deregulation-trend-in-international-markets\/\">\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\/04\/06\/the-deregulation-trend-in-international-markets\/&title=The deregulation trend in international markets\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+deregulation+trend+in+international+markets+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fthe-deregulation-trend-in-international-markets%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\/04\/06\/the-deregulation-trend-in-international-markets\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1425.png?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"648572\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/the-deregulation-trend-in-international-markets\/1425-png\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1425.png?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1425.png\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1425.png?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1425.png?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648571\" class=\"content-area-description single-story post-648571 post type-post status-publish format-standard has-post-thumbnail hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The trend toward international harmonization of regulations has lost momentum<\/strong> as the world\u2019s largest economies realign policies to meet domestic priorities of stability and growth, according <a href=\"https:\/\/www.gsam.com\/content\/gsam\/global\/en\/market-insights\/gsam-insights\/macro-insights\/2017\/rules-and-revitalization.html?sc_cid=brf_macroinsights_mar17\">Goldman Sachs Asset Management<\/a>. There is a clear diversion internationally, with the US pushing for more deregulation and Europe and China moving differently.<\/p>\n<p>\u201c<strong>The initial expectation of a less-burdensome regime, combined with tax cuts, has driven <\/strong><strong>US indexes to new highs on sentiment<\/strong>\u2026 We see opportunities in Financials, as the sector is trading at a discount to long-term averages on some metrics relative to other sectors, where valuations already reflect positive sentiment,\u201d <a href=\"https:\/\/www.gsam.com\/content\/gsam\/global\/en\/market-insights\/gsam-insights\/macro-insights\/2017\/rules-and-revitalization\/un-making-the-rules.html\">says John Arege<\/a>, Co-Lead Portfolio Manager of Large Cap Value & Large Cap Core Strategies. In Europe, while there is deharmonization, \u201c<strong>regulatory tightening probably peaked early last year with the Basel III proposals<\/strong>, and regulators have since worked with market participants to scale back. Standards will still get tougher, as new measures will be implemented in the next few years, but they are less aggressive than originally drafted, and the industry has more certainty.\u201d<\/p>\n<p><a href=\"https:\/\/www.gsam.com\/content\/gsam\/global\/en\/market-insights\/gsam-insights\/macro-insights\/2017\/rules-and-revitalization\/global-recalibration.html\">The situation in China is more nuanced<\/a>; GSAM says \u201cregulation in China today is a feat of engineering. Policymakers are managing a globally significant slowdown \u2026 Over the past couple of years as growth threatened to undershoot the official target, authorities de-escalated some regulatory objectives. The recent stabilization in growth has allowed the focus to return to reform \u2026 <strong>We think this environment is fertile ground for active managers<\/strong>\u2026 That said, in this re-balancing we are also alert to the risk of policy missteps leading to volatility in global markets.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"648573\" 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=\"648573\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/\">\r\n                            Archaeologists digging away to unearth new pyramid in Dahshur                        <\/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\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/\" 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\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/')\">\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\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/\">\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=Archaeologists digging away to unearth new pyramid in Dahshur&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/\">\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\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/&title=Archaeologists digging away to unearth new pyramid in Dahshur\">\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=Archaeologists+digging+away+to+unearth+new+pyramid+in+Dahshur+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Farchaeologists-digging-away-to-unearth-new-pyramid-in-dahshur%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\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/796.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"648574\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/archaeologists-digging-away-to-unearth-new-pyramid-in-dahshur\/796-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/796.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"796.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/796.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/796.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648573\" class=\"content-area-description single-story post-648573 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egyptian archaeologists are digging away in Dahshur to unearth what might have been <\/strong><strong>Ancient Egypt\u2019s <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/04\/new-pyramid-remains-discovered\/\"><strong>first smooth-sided pyramid<\/strong><\/a><strong>. <\/strong>The remains were discovered near the royal necropolis in the south of Cairo and are believed to have belonged to 13th dynasty king Imni Kamao, whose name archaeologists found engraved on the walls and pillars in the corridor leading to the insides of the giant structure. Check out <a href=\"https:\/\/english.alarabiya.net\/en\/variety\/2017\/04\/05\/PHOTOS-Egypt-reveals-the-details-of-the-newly-discovered-pyramid.html\">more images here<\/a>, courtesy of Al Arabiya.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"648575\" 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=\"648575\">\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\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/648575\/\">\r\n                                                    <\/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\/04\/06\/648575\/\" 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\/04\/06\/648575\/')\">\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\/04\/06\/648575\/\">\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=&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/648575\/\">\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\/04\/06\/648575\/&title=\">\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=+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2F648575%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\/04\/06\/648575\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648575\" class=\"content-area-description single-story post-648575 post type-post status-publish format-standard hentry category-egypt-in-the-news wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>From Fox\u2019s \u201c<a href=\"http:\/\/www.foxnews.com\/politics\/2017\/04\/05\/special-report-exclusive-egyptian-president-says-trump-has-true-understanding-terrorism.html\">Exclusive: Egyptian president says Trump has 'true understanding' of terrorism\u2019<\/a>\u201d to the Huffington Post\u2019s \u201c<a href=\"http:\/\/www.huffingtonpost.com\/entry\/americans-persecuted-by-egypt-regime-watch-as-trump-embraces-it_us_58e5511ce4b0fe4ce087e3ca\">Americans Persecuted By Egypt Regime Watch As Trump Embraces It<\/a>,\u201d US media continues to dwell on President Abdel Fattah El Sisi\u2019s visit to Washington. And we have had quite enough, thank you. Our final kick at the can, we hope:<\/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=\"648581\" 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=\"648581\">\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\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/\">\r\n                            Irish detainee Ibrahim Halawa may be released \u201con humanitarian grounds\u201d                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/\" 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\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/')\">\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\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/\">\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=Irish detainee Ibrahim Halawa may be released \u201con humanitarian grounds\u201d&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/\">\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\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/&title=Irish detainee Ibrahim Halawa may be released \u201con humanitarian grounds\u201d\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Irish+detainee+Ibrahim+Halawa+may+be+released+%E2%80%9Con+humanitarian+grounds%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Firish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds%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\/04\/06\/irish-detainee-ibrahim-halawa-may-be-released-on-humanitarian-grounds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648581\" class=\"content-area-description single-story post-648581 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>Irish national Ibrahim Halawa may be released from pre-trial detention \u201con humanitarian <\/strong><strong>grounds,\u201d<\/strong> Irish Foreign Affairs Minister Charlie Flanagan said, according to <a href=\"http:\/\/www.breakingnews.ie\/ireland\/latest-minister-charlie-flanagan-hints-at-some-progress-in-ibrahim-halawa-case-784567.html\">BreakingNews.ie<\/a>. Halawa\u2019s lawyers said in court yesterday that the medical examiner who visited the detainee last week had recommended more medical exams, which necessitate Halawa\u2019s release. The judge said he would consider the request, <a href=\"https:\/\/www.rte.ie\/news\/ireland\/2017\/0405\/865518-halawa-trial-egypt\/\">RTE<\/a> says. Irish Prime Minister Enda Kenny had also issued a personal plea to President Abdel Fattah El Sisi to release Halawa from prison, <a href=\"http:\/\/www.independent.ie\/irish-news\/enda-kenny-pleads-with-egyptian-president-to-release-jailed-dubliner-35593745.html\">The Irish Independent<\/a> reported. \u201cWe are very concerned about it and it is receiving the most urgent attention of any Irish citizen abroad,\u201d Kenny told the Irish Parliament.<\/p>\n<p><strong>Italian investigators have drawn up a shortlist of 10 people they accuse of <\/strong><strong>direct complicity in the murder of Italian graduate student Giulio Regeni<\/strong>, <a href=\"http:\/\/www.madamasr.com\/ar\/2017\/04\/04\/feature\/%D8%B3%D9%8A%D8%A7%D8%B3%D8%A9\/%D8%A5%D9%8A%D8%B7%D8%A7%D9%84%D9%8A%D8%A7-%D8%AA%D8%AA%D9%87%D9%85-10-%D8%A8%D9%82%D8%AA%D9%84-%D8%B1%D9%8A%D8%AC%D9%8A%D9%86%D9%8A-%D9%88%D8%AA%D8%B3%D8%AA%D8%A8%D8%B9%D8%AF-16-%D8%B3%D9%8A%D8%A7\/\">Mada Masr<\/a> reports, citing sources from the joint Egyptian-Italian committee investigating the murder. A team from Italy is expected to arrive in Cairo to push for their indictment.<\/p>\n<p><strong>A World Bank (WB) delegation will visit Egypt within weeks to follow up on ongoing <\/strong><strong>projects and evaluate new ones<\/strong>, according to an Investment Ministry statement, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/05\/1006653\">Al Borsa<\/a> reports. The Social Solidarity Ministry will ask the WB for a fourth USD 65 mn tranche of a USD 400 mn loan to support Takaful and Karawa program in the next few days, First Assistant Minister Nevine El-Qabaj says, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=329012\">Al Mal<\/a> reports. The tranche is set to be disbursed before the end of this fiscal year. USD 305 mn were already disbursed. SME funding seems to be on the agenda too, with Nasr having discussed it with bank officials in Washington, according to Al Borsa.<\/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=\"648582\" 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=\"648582\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/\">\r\n                            Tahya Misr and Vacsera complete insulin plant feasibility study, to start construction in July                        <\/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\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/\" 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\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/')\">\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\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/\">\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=Tahya Misr and Vacsera complete insulin plant feasibility study, to start construction in July&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/\">\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\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/&title=Tahya Misr and Vacsera complete insulin plant feasibility study, to start construction in July\">\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=Tahya+Misr+and+Vacsera+complete+insulin+plant+feasibility+study%2C+to+start+construction+in+July+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Ftahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july%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\/04\/06\/tahya-misr-and-vacsera-complete-insulin-plant-feasibility-study-to-start-construction-in-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648582\" class=\"content-area-description single-story post-648582 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State-owned company Vacsera and the Tahya Misr Fund have completed feasibility studies for the USD 30 mn insulin plant that they will begin building in July, Fund Director Mohamed Ashmawy <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/05\/1006884\">told Al Borsa on Wednesday<\/a>. The plant is part of a j<a href=\"https:\/\/enterprise.press\/stories\/2016\/05\/25\/joint-vacsera-novo-nordisk-insulin-project-enters-first-phase-of-operation\/\">oint Vacsera-Novo Nordisk project<\/a> that aims to help Egypt meet its domestic demand for insulin and eventually grow into an exporter. Novo Nordisk is expected to cover 50% of the project\u2019s costs, while the Tahya Misr Fund will contribute around 33-35%, with Vacsera covering around 10%, former Vacsera CEO Nabil El Beblawi said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"648584\" 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=\"648584\">\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\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/\">\r\n                            Korea International Cooperation Agency to provide USD 5.83 mn grant for new university in Beni Suef                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Korea International Cooperation Agency to provide USD 5.83 mn grant for new university in Beni Suef&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/&title=Korea International Cooperation Agency to provide USD 5.83 mn grant for new university in Beni Suef\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Korea+International+Cooperation+Agency+to+provide+USD+5.83+mn+grant+for+new+university+in+Beni+Suef+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fkorea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/korea-international-cooperation-agency-to-provide-usd-5-83-mn-grant-for-new-university-in-beni-suef\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648584\" class=\"content-area-description single-story post-648584 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>The Korea International Cooperation Agency will offer a USD 5.83 mn grant to fund an Egyptian-Korean university in Beni Suef, the Korean embassy said in a statement picked up by <a href=\"http:\/\/gate.ahram.org.eg\/News\/1430223.aspx\">Ahram Gate<\/a>. The Higher Education and the Investment and International Cooperation Ministries signed an MoU with the agency regarding the project\u2019s feasibility studies.<\/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=\"648585\" 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=\"648585\">\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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/\">\r\n                            90% increase in number of Egypt\u2019s vacation homes over past 11 years -Colliers International                        <\/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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/\" 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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/')\">\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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/\">\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=90% increase in number of Egypt\u2019s vacation homes over past 11 years -Colliers International&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/\">\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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/&title=90% increase in number of Egypt\u2019s vacation homes over past 11 years -Colliers International\">\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=90%25+increase+in+number+of+Egypt%E2%80%99s+vacation+homes+over+past+11+years+-Colliers+International+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2F90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international%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\/04\/06\/90-increase-in-number-of-egypts-vacation-homes-over-past-11-years-colliers-international\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648585\" class=\"content-area-description single-story post-648585 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The number of vacation homes in Egypt has increased 90% in the past 11 years, with the North Coast remaining the most popular destination for Egyptians to purchase a second home, according to Colliers International\u2019s <a href=\"http:\/\/www.colliers.com\/-\/media\/files\/emea\/uae\/case-studies\/2017-overview\/egyptian-second-home-market-2017.pdf\">report on Egypt\u2019s second home market<\/a>. The depreciation of the local currency has driven up real estate sales as a whole as people increasingly turned to purchasing second homes as a hedging instrument, thereby pushing up the average cost of these units. Nonetheless, holiday homes in Egypt remain affordable, relative to international markets, the report says.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"648586\" 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=\"648586\">\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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/\">\r\n                            Tourism Ministry committee recommends minimum charge prices for hotels                        <\/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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/\" 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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/')\">\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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/\">\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=Tourism Ministry committee recommends minimum charge prices for hotels&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/\">\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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/&title=Tourism Ministry committee recommends minimum charge prices for hotels\">\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=Tourism+Ministry+committee+recommends+minimum+charge+prices+for+hotels+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Ftourism-ministry-committee-recommends-minimum-charge-prices-for-hotels%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\/04\/06\/tourism-ministry-committee-recommends-minimum-charge-prices-for-hotels\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648586\" class=\"content-area-description single-story post-648586 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><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> The Tourism Ministry committee mandated with setting a minimum charge for hotels in Egypt is recommending that five star hotels in Cairo charge a minimum of USD 110 per night, committee head Magdy Naguib tells <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/04\/1006225\">Al Borsa<\/a>. The committee is also recommending that five star hotels in Sharm El Sheikh, Hurghada, Alexandria, and Luxor charge guests USD 35 per person for an all-inclusive stay. Four and three star hotels in all areas would charge USD 25 and USD 20, respectively. According to Naguib, the committee has also set punitive measures for non-compliant hotels, including the revocation of their license or shutting them down altogether. The ministry is expected to send its report to Tourism Minister Yehia Rashed by mid-month<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"648587\" 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=\"648587\">\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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/\">\r\n                            Silicon Waha looking into establishing new tech zone in SCZone                        <\/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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/\" 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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/')\">\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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/\">\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=Silicon Waha looking into establishing new tech zone in SCZone&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/\">\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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/&title=Silicon Waha looking into establishing new tech zone in SCZone\">\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=Silicon+Waha+looking+into+establishing+new+tech+zone+in+SCZone+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fsilicon-waha-looking-into-establishing-new-tech-zone-in-sczone%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\/04\/06\/silicon-waha-looking-into-establishing-new-tech-zone-in-sczone\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648587\" class=\"content-area-description single-story post-648587 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>Silicon Waha is looking into establishing a new technological zone over 30-40 feddans in the Suez Canal Economic Zone, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/05\/1004724\">Al Borsa<\/a> reports. The company will discuss the project with officials from the SCZone next week, and is aiming to launch the zone next year, according to an unnamed government source.<\/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=\"648588\" 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=\"648588\">\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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/\">\r\n                            Kenya terminates 25-year concession for Qalaa to operate RVR                        <\/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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/\" 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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/')\">\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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/\">\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=Kenya terminates 25-year concession for Qalaa to operate RVR&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/\">\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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/&title=Kenya terminates 25-year concession for Qalaa to operate RVR\">\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=Kenya+terminates+25-year+concession+for+Qalaa+to+operate+RVR+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fkenya-terminates-25-year-concession-for-qalaa-to-operate-rvr%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\/04\/06\/kenya-terminates-25-year-concession-for-qalaa-to-operate-rvr\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648588\" class=\"content-area-description single-story post-648588 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><strong>The Kenyan government terminated Qalaa Holdings-owned Rift Valley Railways\u2019 25-year <\/strong><strong>concession last Thursday<\/strong>, according to Kenya\u2019s <a href=\"http:\/\/www.businessdailyafrica.com\/analysis\/Players-must-account-Rift-Valley-Railways\/539548-3879034-7atmxl\/\">Business Daily<\/a>. The validity of the termination notice was the subject of the ongoing suit before court, Qalaa reportedly said in a statement on Wednesday. \u201cShould a valid termination notice be issued, RVR shall have six months to cure any defaults found to have occurred in the concession,\u201d the firm is reported to have said, according to Kenya\u2019s <a href=\"https:\/\/www.standardmedia.co.ke\/business\/article\/2001235230\/kenya-demands-sh2-7b-tough-conditions-to-egypt-s-rail-operator\">the Standard<\/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\/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=\"648589\" 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=\"648589\">\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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/\">\r\n                            Banque Misr in talks to borrow USD 700 mn from international institutions                        <\/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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/\" 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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/')\">\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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/\">\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=Banque Misr in talks to borrow USD 700 mn from international institutions&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/\">\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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/&title=Banque Misr in talks to borrow USD 700 mn from international institutions\">\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=Banque+Misr+in+talks+to+borrow+USD+700+mn+from+international+institutions+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fbanque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions%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\/04\/06\/banque-misr-in-talks-to-borrow-usd-700-mn-from-international-institutions\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648589\" class=\"content-area-description single-story post-648589 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>Banque Misr is in negotiations for USD 700 mn in funding to support its foreign currency liquidity, vice Chairman Akef El Maghraby told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=329024\">Al Mal<\/a>. Banque Misr is in talks with Afrexim Bank for a USD 200 mn loan and USD 500 mn from the European Investment Bank. El Maghraby expects an agreement with Afrexim Bank will be finalised this month. Fitch Rating had <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/05\/some-banks-at-risk-of-not-meeting-minimum-regulatory-capital-requirements-fitch\/\">expressed<\/a> concerns over Egyptian banks\u2019 capitalization because of their exposure of foreign currency loans, an expected they could resort to subordinated loans. The central bank has issued the criteria for banks to recognize international loans as part of their capital base in <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/17\/cbe-issues-criteria-for-banks-using-international-loans-to-strengthen-capital-base\/\">January<\/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\/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=\"648590\" 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=\"648590\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/\">\r\n                            House tourism, industry committees voice objections to Investment Act                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=House tourism, industry committees voice objections to Investment Act&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/&title=House tourism, industry committees voice objections to Investment Act\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=House+tourism%2C+industry+committees+voice+objections+to+Investment+Act+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fhouse-tourism-industry-committees-voice-objections-to-investment-act%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/house-tourism-industry-committees-voice-objections-to-investment-act\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648590\" class=\"content-area-description single-story post-648590 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>MPs are continuing to object to the Investment Act, with the House tourism and industry committees bellyaching over claims that the act neglects the needs of these sectors, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=329125\">Al Mal<\/a> reports. Progress on the act has also been complicated by internal disputes within the House Economic Committee over the selection of Amr Ghallab as its chair. Ghallab maintains that the committee will finish voting on the act in its entirety and bring it to a plenary session next week (inshallah).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"648591\" 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=\"648591\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/\">\r\n                            Egypt receives third batch of Rafale fighters                        <\/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\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/\" 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\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/')\">\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\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/\">\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 receives third batch of Rafale fighters&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/\">\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\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/&title=Egypt receives third batch of Rafale fighters\">\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+receives+third+batch+of+Rafale+fighters+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fegypt-receives-third-batch-of-rafale-fighters%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\/04\/06\/egypt-receives-third-batch-of-rafale-fighters\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648591\" class=\"content-area-description single-story post-648591 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 received the third shipment of three Rafale fighters from France as part of a EUR 5.2 bn contract signed in 2015 on Wednesday, <a href=\"http:\/\/www.reuters.com\/article\/us-france-egypt-deals-idUSKBN1772CM\">Reuters<\/a> reports. Under the contract, France is to deliver a total of 24 Rafale jets, a Fremm naval frigate and MBDA air-to-air missiles.<\/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=\"648592\" 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=\"648592\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/\">\r\n                            Ahmed Moussa skirts six-month jail time                        <\/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\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/\" 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\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/')\">\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\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/\">\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=Ahmed Moussa skirts six-month jail time&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/\">\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\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/&title=Ahmed Moussa skirts six-month jail time\">\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=Ahmed+Moussa+skirts+six-month+jail+time+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F06%2Fahmed-moussa-skirts-six-month-jail-time%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\/04\/06\/ahmed-moussa-skirts-six-month-jail-time\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648592\" class=\"content-area-description single-story post-648592 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>So close and yet so far:<\/strong> In a wiggle worthy of the reptile that he is, Ahmed Moussa has managed to skirt a six month suspended prison sentence for airing a private phone call between former Egyptian vice president Mohamed ElBaradei and former army Chief of Staff Sami Anan, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/262365\/Egypt\/Politics-\/TV-host-Ahmed-Moussa-receives-suspended-jail-term-.aspx\">Ahram Online<\/a> reports.<\/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=\"648595\" 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=\"648595\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/06\/by-the-numbers-68\/\">\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\/04\/06\/by-the-numbers-68\/\" 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\/04\/06\/by-the-numbers-68\/')\">\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\/04\/06\/by-the-numbers-68\/\">\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\/04\/06\/by-the-numbers-68\/\">\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\/04\/06\/by-the-numbers-68\/&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%2F04%2F06%2Fby-the-numbers-68%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\/04\/06\/by-the-numbers-68\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648595\" class=\"content-area-description single-story post-648595 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.9715 | Sell 18.0753<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 18.00 | Sell 18.10<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.95 | Sell 18.05<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 13,290 (+0.2%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (10% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +7.7%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session up 0.2%. CIB, the index heaviest constituent ended 1.6% up, being the top performing stock in yesterday\u2019s session, followed by Egyptian Resorts up 0.9%, and Global Telecom up 0.1%. Today\u2019s worst performing stocks included Domty down 4.9%, GB Auto 2.6% down, and Heliopolis Housing down 1.9%. The market turnover was EGP1.3 billion, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net long | EGP +164.1 mn<br \/>\n <strong>Regional<\/strong>: Net long | EGP +2.3 mn<br \/>\n <strong>Domestic<\/strong>: Net short | EGP -166.4 mn<\/p>\n<p><strong>Retail<\/strong>: 62.5% of total trades | 59.9% of buyers | 65.1% of sellers<br \/>\n <strong>Institutions<\/strong>: 37.5% of total trades | 40.1% of buyers | 34.9% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 27.9% of total | 34.5% of buyers | 21.4% of sellers<br \/>\n <strong>Regional:<\/strong> 6.9% of total | 6.9% of buyers | 6.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 65.2% of total | 58.6% of buyers | 71.8% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 50.82 (-0.41%)<br \/>\n <strong>Brent:<\/strong> USD 53.98 (-0.35%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.28 MMBtu, (-0.52%, May 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,257.60 \/ troy ounce (-0.06%)<\/p>\n<p><strong>TASI:<\/strong> 7,050.9 (+0.9%) (YTD: -2.2%)<br \/>\n <strong>ADX:<\/strong> 4,640.7 (+2.0%) (YTD: +2.1%)<br \/>\n <strong>DFM:<\/strong> 3,573.3 (+0.4%) (YTD: +1.2%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 420.2 (+1.0%) (YTD: +10.6%)<br \/>\n <strong>QE:<\/strong> 10,467.0 (+0.7%) (YTD: +0.3%)<br \/>\n <strong>MSM:<\/strong> 5,623.6 (0.0%) (YTD: -2.8%)<br \/>\n <strong>BB: <\/strong>1,350.5 (+0.1%) (YTD: +10.7%)<\/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=\"648596\" 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\/04\/06\/648596\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-648596\" class=\"content-area-description single-story post-648596 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>03-06 April (Monday-Thursday): <a href=\"http:\/\/agrofood-africa.com\/\">Agri & Foodex Africa<\/a>, Khartoum International Fair Ground, Khartoum, Sudan.<\/p>\n<p>08-10 April (Saturday-Monday): <a href=\"http:\/\/www.pharmaconex-exhibition.com\/\">Pharmaconex<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>16 April (Sunday): Coptic Easter Sunday.<\/p>\n<p>17 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>20 April (Thursday): Closing date for the <a href=\"http:\/\/emra.gov.eg\/UI\/Lang1\/TDIDataShow.aspx?ID=60\">Egyptian Mineral Resources Authority bid round number 1 for 2017<\/a> for gold and associated minerals.<\/p>\n<p>22-24 April (Wednesday-Friday): <a href=\"http:\/\/www.foodafrica-expo.com\/\">Food Africa<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>24-25 April (Monday-Tuesday): Renaissance Capital\u2019s Egypt Investor Conference, Cape Town, South Africa.<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day, national holiday.<\/p>\n<p>25-26 April (Tuesday-Wednesday): <a href=\"http:\/\/events.newenergyupdate.com\/mena\/\">MENA New Energy<\/a> conference, Hyatt Regency, Dubai.<\/p>\n<p>26-27 April (Wednesday-Thursday): <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/EPEA-IFC-CG-Case-Study-Workshops-Announcement-April-2017.pdf\">Corporate Governance Case Study Workshops<\/a> by the Egyptian Private Equity Association and IFC.<\/p>\n<p>28-29 April (Friday-Saturday): Pope Francis <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/262172\/Egypt\/Politics-\/Pope-Francis-to-visit-Egypt,-meet-with-Sisi-on--Ap.aspx\">visits<\/a> Cairo.<\/p>\n<p>28 April - 08 May (Friday-Monday): IMF delegation visit to Egypt to assess economic reforms.<\/p>\n<p>30 April - 03 May (Sunday-Wednesday): <a href=\"http:\/\/www.cementconcrete-me.com\/\">Cement & Concrete 2017<\/a>, Riyadh International Convention & Exhibition Center, Saudi Arabia.<\/p>\n<p>01 May (Monday): Labor Day, national holiday.<\/p>\n<p>05-07 May (Friday-Sunday): <a href=\"http:\/\/egyptpropertyshow.net\/\">Egypt Property Show<\/a>, DWTC, Dubai.<\/p>\n<p>08-09 May (Monday-Tuesday): Third <a href=\"http:\/\/egyptcsrforum.com\/\">Egypt CSR Forum<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>16 May (Tuesday): Official expiry date for the decision to suspend capital gains taxes on stock market transactions.<\/p>\n<p>22-23 May (Monday-Tuesday): <a href=\"https:\/\/northafricamno.iqpc.ae\/?utm_source=email&utm_medium=internalemail&utm_campaign=28261.001+-+EM.5+-+Content+Primary+-+The+Spread+of+4G+report&utm_term=Homepage&utm_content=TEXT&mac=1-29536932645&disc=\">North Africa Mobile Network Optimisation Conference<\/a>, Cairo.<\/p>\n<p>27 May (Saturday): First day of Ramadan (TBC).<\/p>\n<p>26-28 June (Monday-Wednesday): Eid Al-Fitr (TBC).<\/p>\n<p>30 June (Friday): 30 June, national holiday.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/p>\n<p>17-19 September (Sunday-Tuesday): Pipeline-Pipe-Sewer-Technology <a href=\"https:\/\/www.pipelinepipesewer.com\/\">Conference & Exhibition<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo.<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>01 December (Friday): Prophet\u2019s Birthday, national holiday.<\/p>\n<p>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":648549,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-648548","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"22bdcf52-2e3a-4fed-bdbd-af03c23bb6dc","teaser":"","photo_url":"https:\/\/ent.news\/2016\/12\/877.png"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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