{"id":649039,"date":"2017-04-20T04:06:08","date_gmt":"2017-04-20T04:06:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649039"},"modified":"2025-12-17T21:57:42","modified_gmt":"2025-12-17T21:57:42","slug":"govt-hikes-foreign-borrowing-ceiling","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-hikes-foreign-borrowing-ceiling\/","title":{"rendered":"Gov\u2019t hikes foreign borrowing ceiling"},"content":{"rendered":"<section id=\"649041\" 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=\"649041\">\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\/20\/what-were-tracking-on-20-april-2017\/\">\r\n                            What we\u2019re tracking on 20 April 2017                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/what-were-tracking-on-20-april-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Central Bank Governor Tarek Amer and Investment and International Cooperation Minister Sahar Nasr are also attending. Nasr is due to present Egypt\u2019s economic reform program at the <a href=\"http:\/\/www.g24.org\/\">G-24<\/a> ministerial meeting set to be held today on the sidelines of the spring meetings, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1445677.aspx\">Ahram Gate<\/a> reports. The IMF and World Bank spring meetings kick off tomorrow and run through Sunday. <a href=\"https:\/\/www.imf.org\/external\/Spring\/2017\/index.htm\">The agenda page for the gatherings<\/a> is live.<\/p><p><strong>Thought paper for tax collectors and ministers of finance: <\/strong>The April 2017 edition of the IMF Fiscal Monitor is out ahead of the spring meetings under the headline \u201c<strong>Doing More with Less<\/strong>\u201d and notes in passing that \u201cas is the case with growth-friendly policies, inclusive policies can be implemented without increasing the overall budget envelope and the fiscal deficit. In countries with limited or no fiscal space, inclusive policies would have to be accompanied by offsetting measures. <strong>In Egypt, for instance, full implementation of the VAT and tax administration reform could free resources<\/strong> for higher spending on health, education, and social protection.\u201d The <a href=\"https:\/\/www.imf.org\/en\/Publications\/FM\/Issues\/2017\/04\/06\/fiscal-monitor-april-2017#Summary\">landing page for the report<\/a> is here, while the <a href=\"https:\/\/www.imf.org\/~\/media\/Files\/Publications\/fiscal-monitor\/2017\/April\/pdf\/fm1701.ashx?la=en\">full 162 page pdf is here<\/a>.<\/p><p>Meanwhile, <strong>Egypt's economy is expected to grow 4.0% in FY2016-17, in line with the<\/strong><strong>Finance Ministry's projections of 3.8-4.0%<\/strong>, according to a <a href=\"http:\/\/www.nasdaq.com\/article\/pollegypt-economic-growth-seen-at-40-pct-in-201617-in-line-with-govt-target-20170419-00315#\/ixzz4eimDu4s6\">Reuters poll<\/a> of 11 economists on Wednesday. The poll predicts economic growth will slow the following year to 3.3%, well below the government's target of 4.8% laid out in the FY2017-18 budget, before accelerating back to 4.0% in FY2018-19. The median average annual core inflation \u2014 which takes an average of the 12 monthly readings \u2014 was 13.7% for the current fiscal year, up from a previous forecast of 13.0%. Analysts expect inflation to jump in to 21.0% in FY2017-18 before slowing to 13.0% the following year. As we noted yesterday, the IMF sees Egypt growing 3.5% this year while the World Bank puts the figure at 3.9%.<\/p><p><strong>US Defense Secretary Jim Mattis is in Cairo today<\/strong>, according to <a href=\"https:\/\/www.voanews.com\/a\/defense-secretary-mattis-egypt\/3817954.html\">Voice of America<\/a>, pointing to the latest leg in Mattis\u2019 Mideast tour as a sign of \u201cWashington\u2019s warming of relations with Cairo during the Trump administration\u2019s first 100 days.\u201d <strong>On the agenda:<\/strong> Counterterror efforts and the security situation in Libya, VOA says. <strong>Looming in the background: <\/strong>Cairo\u2019s close ties with Moscow. \u201c<strong>We will explain to the Egyptians<\/strong>, as we have to other Arab countries in the region, that <strong>getting too close to Russia is not in their best interest<\/strong>,\u201d the news service quotes a US official as saying. Mattis took <a href=\"https:\/\/www.defense.gov\/News\/Transcripts\/Transcript-View\/Article\/1156678\/remarks-by-secretary-mattis-and-minister-of-defense-salman-in-saudi-arabia\/\">questions from reporters<\/a> in Riyadh yesterday, and a Defense Department transcript of remarks by Mattis, KSA Deputy Crown Prince Mohamed bin Salman and US Deputy National Security Advisor Dina Powell <a href=\"https:\/\/www.defense.gov\/News\/Transcripts\/Transcript-View\/Article\/1156678\/remarks-by-secretary-mattis-and-minister-of-defense-salman-in-saudi-arabia\/\">is here<\/a>.<\/p><p><strong>Foreign Minister Sameh Shoukry is due in Sudan today<\/strong> for a meeting of the joint Sudanese-Egyptian consultative committee. A visit <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/10\/fm-shoukry-visit-to-khartoum-postponed\/\">previously scheduled<\/a> for earlier this month was postponed.<\/p><p><strong>Nobody\u2019s singing a swan song for active EM fund managers \u2014 yet \u2014 but two US giants<\/strong><strong>see a shakeout happening in the US asset management industry. <\/strong>Both BlackRock and Fidelity see that the rise of passive investing will drive consolidation in the industry. Noting a space of recent mergers, the <a href=\"https:\/\/www.ft.com\/content\/5dac3976-249d-11e7-8691-d5f7e0cd0a16\">Financial Times<\/a> writes that \u201cLower-margin players in more exposed areas such as mainstream equities are likely to be vulnerable to take over attempts.\u201d The paper quotes the head of Fidelity\u2019s USD 2.1 tn asset management division as saying, \u201cThe trend is pretty clear. <strong>Margins will continue to come under pressure<\/strong>. The industry is going to look very different in five years. <strong>There will be fewer and larger managers<\/strong>.\u201d BlackRock boss Larry Fink, recently in the headlines for <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/29\/what-were-tracking-on-29-march-2017\/\">axing portfolio managers and hiring robots<\/a>, tells Reuters that \u201c\u2018I believe you're going to see a consolidation in our industry,\u2019 \u2026 citing previous waves in industries such as banking.\u201d<\/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> <!-- 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Cairo<\/strong> on 28-29 April visit. Catholic news portal <a href=\"https:\/\/cruxnow.com\/vatican\/2017\/04\/19\/leaders-christianitys-east-west-come-together-egypt\/\">Crux<\/a> says the invitation reportedly came from Al Azhar\u2019s Grand Imam Ahmed El Tayeb. \u201cAs a result, it may well be that the leaders of both the Christian West and East join the head of the local Coptic Orthodox Church in Egypt, Pope Tawadros II, in presenting a united front in their meetings at Al-Azhar,\u201d Crux adds.<\/p>\n<p><strong>Renaissance Capital\u2019s second Egypt Investor Conference takes place in Cape Town <\/strong>on 24-25 April, \u201cwith top executive representation from 13 corporates representing sectors ranging from banking to property development, consumer goods, healthcare, industrials, materials and energy.\u201d <strong>What investor expect: <\/strong>RenCap notes that \u201cNow that Egypt\u2019s exchange rate adjustment is out of the way and FX liquidity has returned to the economy, <strong>investors will be looking for the government to deliver on its structural reform programme<\/strong> to secure sustainable foreign direct and portfolio inflows (alongside support from the IMF and other institutions). <strong>How consumers are coping<\/strong> with the pressure of a weaker exchange rate and higher inflation, and <strong>what the banks are seeing in terms of credit quality<\/strong> and demand will be key questions for corporates during the conference.\u201d<\/p>\n<p><strong>Shares in Raya Contact Center will start trading<\/strong><strong> on 27 April<\/strong>, CEO Ahmed Imam told <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1HR1E3\">Reuters<\/a>. Shares in the offering, which involves selling a 49% stake in company, <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/18\/raya-contact-center-institutional-offering-4-0x-oversubscribed\/\">will open at EGP 16.50<\/a>. \u201cThe company aims to double revenues and profit within two years as it expands in Egypt and the region, Imam said, adding that he expects revenue to increase 33 percent this year and profit by more than 40 percent.\u201d<\/p>\n<p><strong>Budget debate next week: <\/strong>The House of Representatives\u2019 Planning and Budget Committee is scheduled to begin discussing the <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/FY17-18_Budget.pdf\">FY2017-18 state budget<\/a> mid-next week.<\/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=\"649044\" 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=\"649044\">\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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/\">\r\n                            Capital Market Act amendments approved by cabinet; Local Development Minister lambasts bureaucrats                        <\/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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/\" 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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/')\">\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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/\">\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=Capital Market Act amendments approved by cabinet; Local Development Minister lambasts bureaucrats&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/\">\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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/&title=Capital Market Act amendments approved by cabinet; Local Development Minister lambasts bureaucrats\">\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=Capital+Market+Act+amendments+approved+by+cabinet%3B+Local+Development+Minister+lambasts+bureaucrats+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fcapital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats%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\/20\/capital-market-act-amendments-approved-by-cabinet-local-development-minister-lambasts-bureaucrats\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649044\" class=\"content-area-description single-story post-649044 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>Last night\u2019s talk shows presented a mixed bag, with little of particular importance piquing the interest of the nation\u2019s talking heads.<\/p>\n<p><strong>Egyptian Financial Supervisory Authority chief Sherif Samy was on Mehwar TV\u2019s 90 <\/strong><strong>Minutes<\/strong> to tout the cabinet\u2019s approval yesterday of amendments to the <strong>Capital Markets Act<\/strong> (more on this in the Speed Round) (<a href=\"https:\/\/www.youtube.com\/watch?v=O_I270tSmcM\">watch<\/a>, runtime: 3:31).<\/p>\n<p><strong>Local Development Minister Hisham El Sherif<\/strong> s<strong>poke to the hearts of every Enterprise <\/strong><strong>employee when he lambasted state bureaucrats on Masaa\u2019 DMC<\/strong> last night. He holds them partly to blame for why economic reforms are not translating fast enough into real change on the ground, saying that civil servants have been lagging behind policymakers in implementing reforms (<a href=\"https:\/\/www.youtube.com\/watch?v=FXpLob2CiEA\">watch<\/a>, runtime: 7:20).<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer and soul mate Mostafa El Fekki discussed political tension <\/strong><strong>between Egypt and Sudan.<\/strong> The two pinned the blame largely on Sudan as the sole instigator of recent tensions.<\/p>\n<p><strong>Al Tayyar Group Chairman Ashraf Sheeha talked about the mess that is umrah flights to <\/strong><strong>Saudi Arabia,<\/strong> which consumed the local press yesterday. Apparently terminals to Saudi had been overflowing and packed with pilgrims due to three consecutive flight delays to Jeddah Airport because of the bad weather in Saudi Arabia, he told Al Hayah Al Youm\u2019s Tamer Amin. Sheeha added that the CBE FX allocations for pilgrims were not sufficient, forcing tour operators to secure FX on their own (<a href=\"https:\/\/www.youtube.com\/watch?v=GIMtedvNNIY\">watch<\/a>, runtime: 8:15).<\/p>\n<p><strong>Hona Al Assema\u2019s Lamees Al Hadidi was on women\u2019s education<\/strong> in her weekly women-focused Hona Al Settat show (<a href=\"https:\/\/www.youtube.com\/watch?v=3JeDpnWeR9o\">watch<\/a>, runtime: 1:51:50).<\/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=\"649045\" 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=\"649045\">\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\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/\">\r\n                            Cabinet approves raising cap on foreign borrowing to USD 7 bn from USD 5 bn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Cabinet approves raising cap on foreign borrowing to USD 7 bn from USD 5 bn&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/&title=Cabinet approves raising cap on foreign borrowing to USD 7 bn from USD 5 bn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Cabinet+approves+raising+cap+on+foreign+borrowing+to+USD+7+bn+from+USD+5+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fcabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/cabinet-approves-raising-cap-on-foreign-borrowing-to-usd-7-bn-from-usd-5-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649045\" class=\"content-area-description single-story post-649045 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The Ismail cabinet raised the ceiling on the maximum value of USD bonds it can issue on <\/strong><strong>international markets to USD 7 bn from USD 5 bn<\/strong>, according to <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/cabinet-meeting-71.aspx\">a cabinet statement<\/a>. The statement added that Finance Ministry was seeking to obtain additional financing in the face of a rise in interest rates on the domestic market and to increase FX reserves held by the CBE. \u201cThe government\u2019s current trend is to <strong>replace domestic borrowing by external borrowing in order to reduce the cost of borrowing as local interest rates rise<\/strong>,\u201d Reham El Desoki of Arqaam Capital told <a href=\"http:\/\/www.reuters.com\/article\/egypt-bonds-idUSL8N1HR5KK\">Reuters<\/a>. The decision comes amid expectations of a bond issuance worth USD 3-4 bn at the end of this year, announced by Deputy Finance Minister Mohamed Maait <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/13\/usd-3-4-bn-in-new-bond-issuances-in-fy2017-18\/\">last week<\/a>. About USD 1 bn of that figure will be in the form of sukuks, Shariah-compliant bonds.<\/p>\n<p><strong>Cabinet also approved a framework for sukuks yesterday<\/strong>: A framework for the issuance of sukuks for companies and government bodies was adopted as part of amendments to the Capital Markets Act approved by the cabinet yesterday. The amendments also include enforcing stricter penalties and fines for violations of the law, giving authorities the power to reverse trades if international money laundering is suspected, and creating a registry of firms authorized to issue fair value reports. The amendments also cover <strong>trading of futures contracts<\/strong> and give EGX room to set lower listing fees to attract smaller issuers.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> Cabinet will <strong>allow the private sector to bid for as many as 45 full-service \u201cTakamol\u201d hospitals <\/strong><strong>to the private sector<\/strong>. The proposal won approval at yesterday\u2019s cabinet meeting. The House Health Committee had <a href=\"https:\/\/enterprise.press\/stories\/2016\/07\/18\/house-health-committee-rejects-privatization-of-full-service-hospitals-sources\/\">rejected a similar proposal<\/a> from the Health Ministry last July, which would have seen the private sector participate in the development and refurbishment of 377 hospitals providing low-income families with access to comprehensive healthcare. The government is now dressing the idea as turning public clinics into advanced healthcare centers in a bid to downplay the dreaded \u201cprivatization\u201d word, according to <a href=\"http:\/\/onaeg.com\/?p=2869145\">ONA News Agency<\/a>. Other decisions taken during yesterday\u2019s meeting include:<\/p>\n<ul type=\"disc\">\n<li>Approving the <strong>Finance Ministry acting as guarantor for the Egyptian Electricity <\/strong><strong>Transmission Company\u2019s<\/strong> annual payments for power plant projects;<\/li>\n<li>Approving <strong>amendments to a law governing the formation and structure of export <\/strong><strong>councils<\/strong> which mandate that a third of their seats be filled by members of business associations;<\/li>\n<li>Signing off on a <strong>EUR 100 mn loan from the French Development Agency for the <\/strong><strong>Alexandria tram project<\/strong> and other funding agreements with the agency for a primary healthcare support project; <\/li>\n<li>Approving a presidential decree to <strong>reorganize the General Organization for Teaching <\/strong><strong>Hospitals and Institutes<\/strong>. <\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649057\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649058\" 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=\"649058\">\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\/20\/an-aerial-view-of-luxor\/\">\r\n                            An aerial view of Luxor                        <\/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\/20\/an-aerial-view-of-luxor\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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Luxor&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/an-aerial-view-of-luxor\/\">\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\/20\/an-aerial-view-of-luxor\/&title=An aerial view of Luxor\">\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=An+aerial+view+of+Luxor+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fan-aerial-view-of-luxor%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\/20\/an-aerial-view-of-luxor\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1347.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649059\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/an-aerial-view-of-luxor\/1347-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1347.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1347.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1347.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1347.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649058\" class=\"content-area-description single-story post-649058 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 Luxor. <\/strong>Luxor has been called the \u201cworld\u2019s greatest open-air museum\u201d as the ruins of Karnak and Luxor temples lie within the city, and across the Nile are the Valley of the Kings and Valley of the Queens. <strong>The image was shot for CIB\u2019s 2016 Annual Report<\/strong> (<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=\"649060\" 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=\"649060\">\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\/20\/msci-frontier-equity-markets-could-be-dying-off\/\">\r\n                            MSCI Frontier equity markets could be dying off                        <\/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\/20\/msci-frontier-equity-markets-could-be-dying-off\/\" 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\/20\/msci-frontier-equity-markets-could-be-dying-off\/')\">\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\/20\/msci-frontier-equity-markets-could-be-dying-off\/\">\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=MSCI Frontier equity markets could be dying off&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/msci-frontier-equity-markets-could-be-dying-off\/\">\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\/20\/msci-frontier-equity-markets-could-be-dying-off\/&title=MSCI Frontier equity markets could be dying off\">\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=MSCI+Frontier+equity+markets+could+be+dying+off+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fmsci-frontier-equity-markets-could-be-dying-off%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\/20\/msci-frontier-equity-markets-could-be-dying-off\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649060\" class=\"content-area-description single-story post-649060 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>MSCI Frontier markets dying?<\/strong> Frontier equity markets are in danger of dying as many of the nations making up frontier market indices graduate to \u201cemerging market\u201d status, Natasha Doff, Isobel Finkel, and Tracy Alloway write for <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-04-19\/no-more-new-frontiers-creates-index-problem-for-hottest-stocks\">Bloomberg<\/a>. This graduation risks removing the largest and most liquid of the frontier markets. \u201cWith few obvious candidates to replace them, analysts at Citigroup Inc. have been sounding the alarm on what they\u2019ve dubbed the \u201cindex problem\u201d besetting a genre whose returns beat more-developed peers over the past five years.\u201d Hertta Alava, who manages a frontier fund for FIM Asset Management says \u201cyou have to ask what is left in the Frontier Index \u2026 <strong>If Pakistan and Argentina leave the index, it won\u2019t be a very attractive composition any more<\/strong>. I think more and more funds will choose not to track the index.\u201d Pakistan is being re-categorized as emerging market next month by MSCI with Argentina and Nigeria also being considered for reclassification.<\/p>\n<p><strong>Ashmore Group fund manager Andrew Brudenell is not too worried and hints that it <\/strong><strong>could be part of a normal cycle. <\/strong>\u201cI\u2019ve seen liquidity come and go \u2026 Things get very liquid and very enthusiastic and then they dry up. You need to understand how to construct your portfolio based on what\u2019s realistic liquidity in the market,\u201d he says. <strong>Citi\u2019s Andrew Howell disagrees<\/strong>, saying that while it is not a major problem for active investors, the growth in passive investing and how flows could decide inflows and outflows into index funds. He says he would like to see MSCI add more frontier markets into its benchmark including Georgia, Ukraine, Cambodia. <strong>He also suggests producing a new more-liquid frontier-EM inde<\/strong>x, \u201can amalgamation of emerging-market countries such as Egypt and Colombia and frontier stocks.\u201d Alava is less worried and says there are more prospects for frontier markets. \u201cThere are over 100 countries in the world that don\u2019t have a proper stock market yet \u2026 So there will be new countries, but it will take time,\u201d he 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\/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=\"649061\" 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=\"649061\">\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\/20\/restored-ramses-ii-colossus-unveiled\/\">\r\n                            Restored Ramses II colossus unveiled                        <\/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\/20\/restored-ramses-ii-colossus-unveiled\/\" 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\/20\/restored-ramses-ii-colossus-unveiled\/')\">\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\/20\/restored-ramses-ii-colossus-unveiled\/\">\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=Restored Ramses II colossus unveiled&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/restored-ramses-ii-colossus-unveiled\/\">\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\/20\/restored-ramses-ii-colossus-unveiled\/&title=Restored Ramses II colossus unveiled\">\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=Restored+Ramses+II+colossus+unveiled+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Frestored-ramses-ii-colossus-unveiled%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\/20\/restored-ramses-ii-colossus-unveiled\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2383.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649062\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/restored-ramses-ii-colossus-unveiled\/2383-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2383.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2383.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2383.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2383.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649061\" class=\"content-area-description single-story post-649061 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>Egypt unveiled the completely restored granite colossus of King Ramses II at the Luxor <\/strong><strong>Temple <\/strong>on Tuesday, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1HR3I0\">Reuters<\/a> reports. The statue was in 57 pieces when it was discovered sometime between 1958 and 1960. \u201cThe statue was displayed just hours after archaeologists unveiled the tomb of a nobleman from more than 3,000 years ago,\u201d Reuters 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\/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=\"649063\" 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=\"649063\">\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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/\">\r\n                            St. Catherine attacks shows reach of Daesh into South Sinai                        <\/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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/\" 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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/')\">\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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/\">\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=St. Catherine attacks shows reach of Daesh into South Sinai&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/\">\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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/&title=St. Catherine attacks shows reach of Daesh into South Sinai\">\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=St.+Catherine+attacks+shows+reach+of+Daesh+into+South+Sinai+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fst-catherine-attacks-shows-reach-of-daesh-into-south-sinai%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\/20\/st-catherine-attacks-shows-reach-of-daesh-into-south-sinai\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649063\" class=\"content-area-description single-story post-649063 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the foreign press this morning is the unveiling of the <\/strong><strong>restored Ramses II colossus<\/strong> at the Luxor Temple on Tuesday, with most outlets picking up coverage from <a href=\"http:\/\/www.telegraph.co.uk\/news\/2017\/04\/19\/egypt-unveils-massive-granite-statue-ramses-ii\/\">Reuters<\/a>. In keeping with the theme of ancient discoveries, <a href=\"http:\/\/www.dailymail.co.uk\/sciencetech\/article-4425222\/Newly-discovered-Egyptian-meat-eater-hunted-ancestors.html\">Daily Mail<\/a> is running a story on scientists\u2019 discovery of a \u201cnow-extinct carnivorous mammal from Egypt\u201d that may have hunted our human ancestors.<\/p>\n<p><strong>The recent spate of terrorist attacks against Christians in Egypt<\/strong> is also getting significant attention from foreign journalists. The <a href=\"https:\/\/www.nytimes.com\/aponline\/2017\/04\/19\/world\/middleeast\/ap-ml-egypt-sinai-attack.html?_r=1\">Associated Press<\/a>, <a href=\"http:\/\/www.reuters.com\/article\/us-egypt-violence-idUSKBN17L2GW\">Reuters<\/a>, and <a href=\"http:\/\/www.israelnationalnews.com\/News\/News.aspx\/228322\">Arutz Sheva<\/a> took note of the police tracking down and killing one of the gunmen behind Tuesday\u2019s attack on a checkpoint in St. Catherine. Meanwhile, the Atlantic Council\u2019s Zack Gold tells the <a href=\"https:\/\/www.nytimes.com\/2017\/04\/18\/world\/middleeast\/egypt-monastery-sinai-attack-isis.html\">New York Times\u2019 Declan Walsh<\/a> that <strong>the attack shows that Daesh had penetrated deeper into South Sinai than previously thought possible<\/strong>, which helps the terrorist organization in its \u201ceconomic warfare against the state.\u201d<\/p>\n<p><strong>Mount Sinai\u2019s monks prayed for longer than usual yesterday<\/strong> as \u201cfollowing the church calendar, which lays down that the Wednesday after Easter is a day for commemorating the martyrs and ascetics,\u201d according <a href=\"http:\/\/www.economist.com\/blogs\/erasmus\/2017\/04\/monastic-survival-skills\">The Economist\u2019s Erasmus blog<\/a>. The lengthier prayer had nothing to do with the Tuesday night\u2019s attacks near the monastery. Some are taking the <strong>attacks as an indication of an international war against Christians<\/strong>, including Jennifer Breedon, who penned an <a href=\"http:\/\/www.foxnews.com\/opinion\/2017\/04\/19\/what-if-christians-were-targeted-on-major-us-airline.html\">op-ed for Fox News<\/a> claiming that the media is shrugging off the suffering of Christians in Egypt, Nigeria, and Pakistan \u201cat the hands and blades and guns of ISIS and other radical Islamists.\u201d <a href=\"http:\/\/christiantimes.com\/article\/eight-christians-injured-as-radical-muslims-burn-down-three-homes-in-egypt\/72019.htm\">The Christian Times<\/a> is also reporting that a <strong>Muslim mob burned down three homes in Minya<\/strong> following a prayer service last week, injuring eight Christians. There appears to be no official statements confirming the incident.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649067\" 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=\"649067\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/the-worlds-oldest-university-in-moroccos-fez\/\">\r\n                            The world\u2019s oldest university in Morocco\u2019s Fez                        <\/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\/20\/the-worlds-oldest-university-in-moroccos-fez\/\" 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\/20\/the-worlds-oldest-university-in-moroccos-fez\/')\">\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\/20\/the-worlds-oldest-university-in-moroccos-fez\/\">\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 world\u2019s oldest university in Morocco\u2019s Fez&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/the-worlds-oldest-university-in-moroccos-fez\/\">\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\/20\/the-worlds-oldest-university-in-moroccos-fez\/&title=The world\u2019s oldest university in Morocco\u2019s Fez\">\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+world%E2%80%99s+oldest+university+in+Morocco%E2%80%99s+Fez+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fthe-worlds-oldest-university-in-moroccos-fez%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\/20\/the-worlds-oldest-university-in-moroccos-fez\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2190.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649068\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/the-worlds-oldest-university-in-moroccos-fez\/2190-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2190.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2190.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2190.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2190.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649067\" class=\"content-area-description single-story post-649067 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The world\u2019s oldest university in Morocco\u2019s Fez was once kept under lock and key<\/strong> \u2014 four of each, to be exact \u2014 in what CNN calls \u201ca 16th century security system.\u201d Behind the copper door that in yesteryear required the presence of four different keyholders to unlock are some of the most valuable manuscripts in the world, including a 9th century Quran and one of the oldest known accounts of Prophet Muhammad\u2019s life. The works at al-Qarawiyyin University (all 30,000 of them) remain as valuable as ever, but access to them is now controlled by a single curator and keyholder (<a href=\"https:\/\/www.facebook.com\/cnninternational\/videos\/10155158332264641\/\">watch<\/a>, runtime 1:09).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649069\" 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=\"649069\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/\">\r\n                            Diplomacy + Foreign Trade on 20 April 2017                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Diplomacy + Foreign Trade on 20 April 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/&title=Diplomacy + Foreign Trade on 20 April 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Diplomacy+%2B+Foreign+Trade+on+20+April+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fdiplomacy-foreign-trade-on-20-april-2017%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/diplomacy-foreign-trade-on-20-april-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649069\" class=\"content-area-description single-story post-649069 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>House Speaker Ali Abdel Aal met with Nick Ayers, a top advisor to top adviser to US Vice <\/strong><strong>President Mike Pence<\/strong>, in Cairo yesterday to discuss Egypt\u2019s counterterror effort and bid to slow the flow of illegal immigrants to Europe, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=330779\">according to Al Mal<\/a>. Abdel Aal and Ayers also discussed the US listing the Ikhwan as a terrorist organization, for which Ayers allegedly expressed support, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=330803\">Rep. Tarek Radwan said<\/a>.<\/p>\n<p><strong>El Sisi, Ethiopian foreign minister meet: <\/strong>Egypt neither conspires nor interferes in other countries\u2019 domestic affairs, President Abdel Fattah El Sisi told Ethiopian Foreign Affairs Workneh Gebeyehu, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1120873\">Al Masry Al Youm<\/a> reports. It is important to reach an agreement over the rules of filling the Renaissance Dam\u2019s reservoir, El Sisi said during a Cairo meeting yesterday. Gebeyehu also delivered a letter from Ethiopian Prime Minister Hailemariam Desalegn to El Sisi, saying Ethiopia cares to develop relations with Egypt. Desalegn is set to visit Cairo soon to attend the joint Egyptian-Ethiopian higher committee meeting. Ethiopia will not take any decisions that would harm Egypt, and is keen to work with the Egyptian government to promote the two countries\u2019 political and economic interests, Gebeyehu <a href=\"https:\/\/www.youtube.com\/watch?v=AgSzgHhs3Us\">said in a joint press conference<\/a> with Foreign Minister Sameh Shoukry following a meeting between the two (runtime 5:01).<\/p>\n<p><strong>Trade and Industry Minister Tarek Kabil removed imports of recyclable polyethylene wastes from a blacklist of banned hazardous substances<\/strong>, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1120886\">Al Masry Al Youm<\/a> reports citing a statement from the Chemical Industries Export Council.<\/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=\"649070\" 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=\"649070\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/japan-bank-for-international-cooperation-considers-investing-in-petrochemicals-projects\/\">\r\n                            Japan Bank for International Cooperation considers investing in petrochemicals projects                        <\/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\/20\/japan-bank-for-international-cooperation-considers-investing-in-petrochemicals-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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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=Japan+Bank+for+International+Cooperation+considers+investing+in+petrochemicals+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fjapan-bank-for-international-cooperation-considers-investing-in-petrochemicals-projects%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\/20\/japan-bank-for-international-cooperation-considers-investing-in-petrochemicals-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649070\" class=\"content-area-description single-story post-649070 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Japan Bank for International Cooperation is considering investing in new petrochemicals projects on the back of its successful contributions in key projects, including the Egyptian Refining Company\u2019s refinery, said the head of the bank\u2019s Europe and Middle East Division at a meeting with Oil Minister Tarek El Molla on Wednesday, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1120991\">AMAY<\/a> reports.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649071\" 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=\"649071\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/\">\r\n                            Pharco Pharma to complete procedures to establish EGP 1 bn oncology medicine factory next week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/\" 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\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/')\">\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\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/\">\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=Pharco Pharma to complete procedures to establish EGP 1 bn oncology medicine factory next week&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/\">\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\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/&title=Pharco Pharma to complete procedures to establish EGP 1 bn oncology medicine factory next week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Pharco+Pharma+to+complete+procedures+to+establish+EGP+1+bn+oncology+medicine+factory+next+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fpharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week%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\/20\/pharco-pharma-to-complete-procedures-to-establish-egp-1-bn-oncology-medicine-factory-next-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649071\" class=\"content-area-description single-story post-649071 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>Pharco Pharma will complete the procedures to establish its EGP 1 bn oncology medicine plant, next week, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/19\/1011960\">Al Borsa reports<\/a>. The factory will be built at Vacsera\u2019s industrial complex in 6th of October over 61k sqm and is expected to manufacture 93 different types of meds once it\u2019s operational in two years\u2019 time.<\/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=\"649072\" 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=\"649072\">\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\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/\">\r\n                            Stella Di Mare 2 sales reach EGP 1 bn                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Stella Di Mare 2 sales reach EGP 1 bn&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/&title=Stella Di Mare 2 sales reach EGP 1 bn\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Stella+Di+Mare+2+sales+reach+EGP+1+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fstella-di-mare-2-sales-reach-egp-1-bn%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/stella-di-mare-2-sales-reach-egp-1-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649072\" class=\"content-area-description single-story post-649072 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>Sales of Stella Di Mare 2 homes have surpassed EGP 1 bn since the project was announced last year, Remco Tourism \u2019s vice chairman Onsi Youssef said, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=330710\">Al Mal reports<\/a>. The project, which spans 2 mn sqm, is expected to cost EGP 3 bn, and sales are expected to reach a total of EGP 5 bn.<\/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=\"649073\" 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=\"649073\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/domestic-tourism-on-top-of-ministrys-agenda\/\">\r\n                            Domestic tourism on top of ministry\u2019s agenda                        <\/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\/20\/domestic-tourism-on-top-of-ministrys-agenda\/\" 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\/20\/domestic-tourism-on-top-of-ministrys-agenda\/')\">\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\/20\/domestic-tourism-on-top-of-ministrys-agenda\/\">\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=Domestic tourism on top of ministry\u2019s agenda&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/domestic-tourism-on-top-of-ministrys-agenda\/\">\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\/20\/domestic-tourism-on-top-of-ministrys-agenda\/&title=Domestic tourism on top of ministry\u2019s agenda\">\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=Domestic+tourism+on+top+of+ministry%E2%80%99s+agenda+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fdomestic-tourism-on-top-of-ministrys-agenda%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\/20\/domestic-tourism-on-top-of-ministrys-agenda\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649073\" class=\"content-area-description single-story post-649073 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 promotion plan for domestic tourism will be ready within the next six months, Minister Yehia Rashed says, according to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19042017&id=1ecc74d1-cf65-4f5c-85da-9b5a773d4d1b\">Al Shorouk<\/a>. Growing domestic tourism is one of the main pillars of the Tourism Ministry\u2019s action plan, Rashed said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649074\" 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=\"649074\">\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\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/\">\r\n                            Prime Minister, CIT Minister meet with Vodafone Group CEO                        <\/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\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/\" 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\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/')\">\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\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/\">\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=Prime Minister, CIT Minister meet with Vodafone Group CEO&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/\">\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\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/&title=Prime Minister, CIT Minister meet with Vodafone Group CEO\">\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=Prime+Minister%2C+CIT+Minister+meet+with+Vodafone+Group+CEO+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fprime-minister-cit-minister-meet-with-vodafone-group-ceo%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\/20\/prime-minister-cit-minister-meet-with-vodafone-group-ceo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649074\" class=\"content-area-description single-story post-649074 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>Prime Minister Sherif Ismail and CIT Minister Yasser El Kady met with Vodafone Group\u2019s CEO Vittorio Colao in Cairo yesterday to discuss the company\u2019s activities in Egypt and opportunities for further investments, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1121195\">Al Masry Al Youm reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649075\" 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=\"649075\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/\">\r\n                            Spinneys to invest EGP 400 mn, open eight new branches this year                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Spinneys to invest EGP 400 mn, open eight new branches this year&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/\">\n                   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                   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\/20\/spinneys-to-invest-egp-400-mn-open-eight-new-branches-this-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649075\" class=\"content-area-description single-story post-649075 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Hypermarket chain Spinneys Egypt is planning to invest EGP 400 mn to open eight new retail locations this year, including one store in Sheikh Zayed that is set to open by the end of this week, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/18\/1011283\">Al Borsa reports<\/a>. The company is also looking to open a total of 40 new branches over the coming five years at a rate of eight branches per year, according to CEO Mohanad Adly.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649076\" 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=\"649076\">\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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/\">\r\n                            Draft of the amendments to judicial codes \u201cleaked\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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/\" 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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/')\">\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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/\">\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=Draft of the amendments to judicial codes \u201cleaked\u201d&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/\">\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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/&title=Draft of the amendments to judicial codes \u201cleaked\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=Draft+of+the+amendments+to+judicial+codes+%E2%80%9Cleaked%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fdraft-of-the-amendments-to-judicial-codes-leaked%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\/20\/draft-of-the-amendments-to-judicial-codes-leaked\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649076\" class=\"content-area-description single-story post-649076 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><a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19042017&id=191479f0-8288-4b00-acd1-05a4db8aac12\">Al Shorouk<\/a> is running what it says is the draft of amendments to the judicial code that would allow the president to appoint the heads of the judiciary committees. According to the draft, the president\u2019s choices are limited to the three most senior judges on each council. The proposal has caused significant controversy in the judiciary.<\/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=\"649077\" 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=\"649077\">\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\">Law<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/\">\r\n                            Matouk Bassiouny advised on EGP 10 bn financial transactions in 2016                        <\/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\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/\" 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\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/')\">\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\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/\">\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=Matouk Bassiouny advised on EGP 10 bn financial transactions in 2016&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/\">\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\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/&title=Matouk Bassiouny advised on EGP 10 bn financial transactions in 2016\">\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=Matouk+Bassiouny+advised+on+EGP+10+bn+financial+transactions+in+2016+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fmatouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016%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\/20\/matouk-bassiouny-advised-on-egp-10-bn-financial-transactions-in-2016\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649077\" class=\"content-area-description single-story post-649077 post type-post status-publish format-standard hentry category-law tag-enterpriseam tag-law wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Law firm Matouk Bassiouny has advised on financial transactions worth EGP 10 bn in 2016, partner Hossam Gramon tells <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/19\/1011349\">Al Borsa<\/a>. The firm recently advised on an EGP 1.3 bn loan from the Arab African International bank to SODIC, the government\u2019s Eurobond issuance, and the EGP 6 bn financing for mobile network operators to pay for their 4G licenses.<\/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\/law\/\">law<\/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=\"649078\" 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=\"649078\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/security-forces-kill-st-catherine-gunman\/\">\r\n                            Security forces kill St. Catherine gunman                        <\/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\/20\/security-forces-kill-st-catherine-gunman\/\" 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\/20\/security-forces-kill-st-catherine-gunman\/')\">\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\/20\/security-forces-kill-st-catherine-gunman\/\">\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=Security forces kill St. Catherine gunman&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/security-forces-kill-st-catherine-gunman\/\">\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\/20\/security-forces-kill-st-catherine-gunman\/&title=Security forces kill St. Catherine gunman\">\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=Security+forces+kill+St.+Catherine+gunman+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fsecurity-forces-kill-st-catherine-gunman%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\/20\/security-forces-kill-st-catherine-gunman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649078\" class=\"content-area-description single-story post-649078 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>South Sinai security forces killed yesterday the gunman behind the <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/19\/daesh-gunmen-attack-checkpoint-by-st-catherine-monastery-in-sinai\/\">Tuesday attack on a checkpoint in St. Catherine<\/a> that left one policeman dead and four others injured, according <a href=\"https:\/\/www.facebook.com\/MoiEgy\/posts\/1390613114315681\">Interior Ministry statement<\/a>. Meanwhile, a suspects allegedly involved in the Palm Sunday bombings has reportedly turned himself in to the authorities in Qena, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=19042017&id=3e58d835-1baa-4b83-af5c-c823efd9f06c\">Al Shorouk reports<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649079\" 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=\"649079\">\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\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/\">\r\n                            Navy receives ThyssenKrupp Type 209\/1400 submarine                        <\/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\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/\" 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\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/')\">\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\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/\">\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=Navy receives ThyssenKrupp Type 209\/1400 submarine&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/\">\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\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/&title=Navy receives ThyssenKrupp Type 209\/1400 submarine\">\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=Navy+receives+ThyssenKrupp+Type+209%2F1400+submarine+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Fnavy-receives-thyssenkrupp-type-209-1400-submarine%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\/20\/navy-receives-thyssenkrupp-type-209-1400-submarine\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649079\" class=\"content-area-description single-story post-649079 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>The Egyptian Navy received a second Type 209\/1400 submarine from ThyssenKrupp Marine Systems at the Ras El Tin naval base in Alexandria, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1120666\">Al Masry Al Youm<\/a> reports. The submarine was unveiled at the base yesterday (<a href=\"https:\/\/www.youtube.com\/watch?v=gFukCRVSCmo\">watch<\/a>, runtime 3:51). The first vessel was unveiled in Kiel, Germany <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/12\/three-days-national-mourning-attack-coptic-cathedral\/\">last December<\/a> as part of four-sub agreement.<\/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=\"649081\" 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=\"649081\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">21<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/indigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim\/\">\r\n                            Indigestion meds consumption up 30% compared to normal rates in Sham El Nessim                        <\/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 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href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/indigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim\/\">\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=Indigestion meds consumption up 30% compared to normal rates in Sham El Nessim&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/20\/indigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim\/\">\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\/20\/indigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim\/&title=Indigestion meds consumption up 30% compared to normal rates in Sham El Nessim\">\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=Indigestion+meds+consumption+up+30%25+compared+to+normal+rates+in+Sham+El+Nessim+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F20%2Findigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim%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\/20\/indigestion-meds-consumption-up-30-compared-to-normal-rates-in-sham-el-nessim\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649081\" class=\"content-area-description single-story post-649081 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a><strong>Sales of meds to treat indigestion and food poisoning were up 30% on Sham El Nessim<\/strong> as the nation indulged its taste for fiseekh and ringa, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/19\/1011064\">Al Borsa<\/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=\"649082\" 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=\"649082\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">22<\/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\/20\/by-the-numbers-76\/\">\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\/20\/by-the-numbers-76\/\" 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\/20\/by-the-numbers-76\/')\">\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\/20\/by-the-numbers-76\/\">\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\/20\/by-the-numbers-76\/\">\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\/20\/by-the-numbers-76\/&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%2F20%2Fby-the-numbers-76%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\/20\/by-the-numbers-76\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649082\" class=\"content-area-description single-story post-649082 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 18.0356 | Sell 18.1385<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 18.05 | Sell 18.15<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.95 | Sell 18.05<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 12,895 (-1.0%)<br \/>\n <strong>Turnover:<\/strong> EGP 733 mn (35% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.5%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session down 1.0%. CIB, the index heaviest constituent ended down 1.0%. EGX30\u2019s top performing constituents were: Juhayna up 2.5%, Oriental Weavers up 0.8%, and GB Auto up 0.4%. Yesterday\u2019s worst performing stocks included: TMG Holding down 4.3%, ACC down 4.1% and Orascom Telecom Media & Technology down 4.1%. Market turnover was EGP 733 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +69.4 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +21.1 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -90.5 mn<\/p>\n<p><strong>Retail<\/strong>: 64.9% of total trades | 62.4% of buyers | 67.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.1% of total trades | 37.6% of buyers | 32.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 17.2% of total | 21.9% of buyers | 12.4% of sellers<br \/>\n <strong>Regional:<\/strong> 15.1% of total | 16.5% of buyers | 13.6% of sellers<br \/>\n <strong>Domestic:<\/strong> 67.7% of total | 61.6% of buyers | 74.0% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 50.44 (-3.76%)<br \/>\n <strong>Brent:<\/strong> USD 53.08 (-3.30%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.19 MMBtu, (+1.27%, May 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,283.40 \/ troy ounce (-0.83%)<br\n<strong>TASI:<\/strong> 6,948.1 (+0.1%) (YTD: -3.6%)<br \/>\n <strong>ADX:<\/strong> 4,531.6 (+0.8%) (YTD: -0.3%)<br \/>\n <strong>DFM:<\/strong> 3,505.7 (+0.3%) (YTD: -0.7%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 408.9 (-1.1%) (YTD: +7.6%)<br \/>\n <strong>QE:<\/strong> 10,296.0 (-0.4%) (YTD: -1.3%)<br \/>\n <strong>MSM:<\/strong> 5,511.1 (-0.3%) (YTD: -4.7%)<br \/>\n <strong>BB: <\/strong>1,339.6 (+0.1%) (YTD: +9.8%)<\/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=\"649083\" 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\/20\/649083\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649083\" class=\"content-area-description single-story post-649083 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>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 (Saturday-Monday): <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":649040,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649039","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"89ce1a70-ce79-480a-ada4-57d7c59e5504","teaser":"","photo_url":"https:\/\/ent.news\/2015\/12\/126.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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