{"id":649212,"date":"2017-04-26T04:01:19","date_gmt":"2017-04-26T04:01:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649212"},"modified":"2025-12-17T22:04:04","modified_gmt":"2025-12-17T22:04:04","slug":"govt-launches-full-court-press-on-investment-and-tourism","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-launches-full-court-press-on-investment-and-tourism\/","title":{"rendered":"Gov\u2019t launches full-court press on investment and tourism"},"content":{"rendered":"<section id=\"649214\" 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=\"649214\">\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\/26\/what-were-tracking-on-26-april-2017\/\">\r\n                            What we\u2019re tracking on 26 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\/26\/what-were-tracking-on-26-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\/26\/what-were-tracking-on-26-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\/26\/what-were-tracking-on-26-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=What we\u2019re tracking on 26 April 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/what-were-tracking-on-26-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\/26\/what-were-tracking-on-26-april-2017\/&title=What we\u2019re tracking on 26 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=What+we%E2%80%99re+tracking+on+26+April+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fwhat-were-tracking-on-26-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\/26\/what-were-tracking-on-26-april-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649214\" class=\"content-area-description single-story post-649214 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>The Ismail government owns the news agenda this morning<\/strong> as the private sector took yesterday off to observe Sinai Liberation day. We saw great three-part harmony from Finance Minister Amr El Garhy, Investment Minister Sahar Nasr and Tourism Minister Yehia Rashed. Nasr is in the early days of a global campaign to promote investment to strategic and public markets investors alike, while Rashed was chatting up reporters about the nascent recovery in the industry and the government\u2019s plan to diversify inbound flows. We have more on both Nasr and Rashed in this morning\u2019s Speed Round, below.<\/p><p><strong>The second phase of the economic reform agenda is now underway after the<\/strong><strong>successful conclusion of the first wave of reforms<\/strong>, El Garhy said at a meeting with investors, bankers institutions including BNP Paribas and the <a href=\"http:\/\/www.bciu.org\/\">Business Council for International Understanding<\/a> on the sidelines of the World Bank and IMF spring meetings. He noted hikes in fuel prices and the curbing of spending on electricity subsidies as part reforms undertaken, according to a <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a-24-4-17.aspx\">ministry statement<\/a>. That\u2019s in line with the International Monetary Fund\u2019s expectations: A senior IMF official <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/23\/imf-wants-egypt-to-raise-interest-rates-to-curb-inflation\/\">said during the meetings<\/a> that \u201cWe will need to discuss with the government the sequencing of measures to achieve their goal of <strong>eliminating subsidies on most fuel products<\/strong> during the program period.\u201d<\/p><p><strong>The economy was also at the heart of remarks yesterday by President Abdel Fattah El <\/strong><strong>Sisi<\/strong> at a youth conference. The troubles the country faces are temporary, El Sisi said, according to <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/266607\/Egypt\/Politics-\/UPDATED-Troubles-faced-by-Egypt-are-temporary-ElSi.aspx\">Ahram Online<\/a>. More on that, too, in Speed Round, below.<\/p><p><strong>Legislation watch: <\/strong>The House Planning and Budget Committee is scheduled to begin its discussion of the <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/19\/on-the-horizon-115\/\"><strong>FY2017-18 state budget<\/strong><\/a> this week, while the House Economics Committee could wrap discussion of the long-awaited <strong>Investment Act<\/strong>.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>Expect \u2018Francis Mania\u2019 to kick into high gear today <\/strong>as the capital city prepares for the visit this weekend of Pope Francis. The pontiff, who arrives on Friday for a two-day visit, <strong>has chosen not to travel in a bulletproof vehicle<\/strong>, <a href=\"http:\/\/www.telegraph.co.uk\/news\/2017\/04\/24\/pope-francis-shuns-bullet-proof-vehicle-visit-cairo-despite\/\">The Telegraph<\/a> reports. \u201cThe Pope will use a closed car to move around, but not an armoured one \u2026 That's how he wanted it,\u201d said Greg Burke, the Vatican spokesman. Burke said security is an issue \u201ceverywhere, not just in Egypt \u2026 Are we worried? I wouldn\u2019t use the word \u2018worry\u2019. The security measures are similar to many trips. The Egyptians obviously want everything to go well.\u201d<\/p><p><strong>We aren\u2019t taking any chances<\/strong>: Security and intelligence officials have been ramping up security measures in the lead-up to Francis\u2019 visit by conducting door-to-door checks in Zamalek and prohibiting parking around the Vatican residence, the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-steps-up-security-ahead-of-popes-visit\/2017\/04\/25\/e37d061c-29ce-11e7-9081-f5405f56d3e4_story.html?utm_term=.57e468988b72\">Associated Press<\/a> reports. Security has also been tightened in Maadi, with house-to-house visits in one area near a high-profile church.<\/p><p><strong>Pope Francis said in a video message that he is coming to Egypt as a \u201cfriend and a <\/strong><strong>messenger of peace<\/strong> and a pilgrim to the country that was a refuge to the Holy Family 2,000 years ago,\u201d the <a href=\"https:\/\/www.washingtonpost.com\/national\/religion\/pope-tells-egypt-ahead-of-visit-he-comes-as-peace-messenger\/2017\/04\/25\/86d0f566-29a8-11e7-9081-f5405f56d3e4_story.html?utm_term=.0d3aa4017aac\">Associated Press<\/a> reports. Francis also said in a Vatican video that he wants his two-day visit to carry a message of friendship and reconciliation with people of all religions (<a href=\"https:\/\/youtu.be\/aOq5sbchOas\"><strong>watch<\/strong><\/a> in Arabic, runtime 4:19). <a href=\"http:\/\/www.reuters.com\/article\/us-pope-egypt-idUSKBN17R1E4\">Reuters<\/a> says some conservative Catholics are less than pleased with the Pope\u2019s visit in light of the recent attacks against Christians in Egypt and believe Pope Francis should not engage in dialogue with Islam.<\/p><p><strong>Oh, and brace yourselves for an exceptionally negative Egypt in the News section this <\/strong><strong>morning<\/strong>, including grumping about Egypt in the US Senate, rumors that VOIP calls are being blocked (as we discussed before yesterday\u2019s holiday) and allegations of extrajudicial killings in the Sinai. We rather like Pope Francis, but expect his visit will draw more of the same negative coverage, so expect a rough week or so on the international media front.<\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649215\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  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0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649216\" 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=\"649216\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n    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class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/on-the-horizon-237\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649216\" class=\"content-area-description single-story post-649216 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egyptian business community heads to DC to knock on doors in the halls of Congress. <\/strong>One of us is headed off to the United States shortly, where we\u2019ll be covering the American Chamber of Commerce\u2019s annual Door Knock mission to the US. C-suite officers and other top execs from AmCham members will descend on the Hill to give lawmakers a view \u201con the ground\u201d in Egypt. With all of the needless negativity about Egypt in some pockets of late, the visit couldn\u2019t come at a better 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\/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=\"649217\" 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=\"649217\">\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\/26\/youth-complain-too-much-says-adib-house-may-extend-debate-on-judicial-code-amendments-changes-to-al-azhar-might-be-coming\/\">\r\n                            Youth complain too much, says Adib; House may extend debate on judicial code amendments; Changes to Al Azhar might be coming                        <\/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\/26\/youth-complain-too-much-says-adib-house-may-extend-debate-on-judicial-code-amendments-changes-to-al-azhar-might-be-coming\/\" 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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House may extend debate on judicial code amendments; Changes to Al Azhar might be coming\">\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=Youth+complain+too+much%2C+says+Adib%3B+House+may+extend+debate+on+judicial+code+amendments%3B+Changes+to+Al+Azhar+might+be+coming+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fyouth-complain-too-much-says-adib-house-may-extend-debate-on-judicial-code-amendments-changes-to-al-azhar-might-be-coming%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\/26\/youth-complain-too-much-says-adib-house-may-extend-debate-on-judicial-code-amendments-changes-to-al-azhar-might-be-coming\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649217\" class=\"content-area-description single-story post-649217 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>It was another mixed bag on the airwaves last night, with<strong> the Youth Conference in Ismailia <\/strong><strong>being the most talked about topic.<\/strong> (We have more on President Abdel Fattah El Sisi\u2019s remarks there in Speed Round, below).<\/p>\n<p>Kol Youm\u2019s <strong>Amr Adib (being especially insightful last night) noted how today\u2019s youth have <\/strong><strong>inherited their parents\u2019 sense of entitlement<\/strong> by questioning the president incessantly on how he plans to fix their personal economic problems. He said the government controls only a fraction of the economy, with the lion\u2019s share being in the private sector\u2019s hands (<a href=\"https:\/\/www.youtube.com\/watch?v=yJE7vYLJc9Q\">watch<\/a>, runtime: 15:50).<\/p>\n<p><strong>Adib thinks El Sisi will run for office once again<\/strong> after reading the tea leaves and watching the president\u2019s remarks at the conference (<a href=\"https:\/\/www.youtube.com\/watch?v=6Pue8HzNIB4\">watch<\/a>, runtime: 1:03).<\/p>\n<p>Yahduth fi Masr\u2019s <strong>Sherif Amer spoke to head of Sinai Reconstruction Agency Mohamed El <\/strong><strong>Sakka<\/strong>, who justified a lack of progress on the ground by saying development projects there started only two years ago. These projects are mainly focusing on preparing infrastructure for private-sector investment, he added. El Sakka added that EGP 1 bn development projects are ongoing in Sinai, with <strong>13 cities now ready for private sector projects.<\/strong><\/p>\n<p>The National Press Authority will be announcing<strong> changes to the chairmen and editors in chief of the country\u2019s state-owned newspapers this week<\/strong>, authority member Alaa Thabet told Amer on Monday\u2019s episode, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331371\">Al Mal reports<\/a>.<\/p>\n<p><strong>Changes to Al Azhar coming?<\/strong> House Social Solidarity Committee deputy chair Mohamed Abu Hamed told Hona Al Asema\u2019s Lamees Al Hadidi that around 200 MPs have approved amending the law that governs the selection of the upper echelon of Al Azhar, without getting into the nitty gritty of what that might constitute (<a href=\"https:\/\/www.youtube.com\/watch?v=txwAs9D2QlU\">watch<\/a>, runtime: 7:24). In keeping with her religion-themed episode, Lamees aired Pope Francis message to Egyptians (<a href=\"https:\/\/www.youtube.com\/watch?v=PoJj2dp7BvA\">watch<\/a>, runtime: 4:12).<\/p>\n<p>Manpower Minister Mohamed Safaan told Al Hayah Al Youm\u2019s Lobna Assal that Prime Minister Sherif Ismail ordered the Finance Ministry to <strong>disburse the 10% social welfare bonus<\/strong> as soon as the law is approved by the House and signed by the president (<a href=\"https:\/\/www.youtube.com\/watch?v=jNo3_sxv0Ls\">watch<\/a>, runtime: 6:24).<\/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=\"649218\" 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=\"649218\">\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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/\">\r\n                            Sahar Nasr pitches new investment climate in the US                        <\/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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/\" 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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/')\">\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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/\">\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=Sahar Nasr pitches new investment climate in the US&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/\">\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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/&title=Sahar Nasr pitches new investment climate in the US\">\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=Sahar+Nasr+pitches+new+investment+climate+in+the+US+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fsahar-nasr-pitches-new-investment-climate-in-the-us%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\/26\/sahar-nasr-pitches-new-investment-climate-in-the-us\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649218\" class=\"content-area-description single-story post-649218 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Egypt is open for business.<\/strong> That\u2019s the message Investment and International Cooperation Minister Sahar Nasr plugged in an interview with Bloomberg's David Westin (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2017-04-24\/egypt-is-open-for-business-minister-nasr-says-video\"><strong>watch<\/strong><\/a>, runtime 4:29). \"<strong>We're rebranding Egypt, improving the business environment, and making sure that more investments come in from the US and other partnering countries<\/strong>,\" she said. The new Investment Act now in the House of Representatives\u2019 pipeline and amendments to the Capital Markets Act are key legislative drivers behind the rebranding, Nasr said.<\/p>\n<p><strong>Nasr said she is finalizing the disbursement of the third tranche of a USD 3 bn World<\/strong><strong>Bank loan, <\/strong>a process she said could take up to four months. The minister said the loan will be used to back opportunities in energy and manufacturing, she said.<\/p>\n<p>Bloomberg\u2019s Yousef Gamal El-Din then brought a regional analyst in to note that for Egypt, <strong>the<\/strong><strong>devil is in the implementation<\/strong>. Nasser Saidi (<a href=\"https:\/\/twitter.com\/Nasser_Saidi\">Twitter<\/a>) is the former Lebanese economy minister and ex-Lebanese central banker who went on to become chief economist and head of external relations at DIFC. Now in private practice, he runs the eponymous <a href=\"http:\/\/nassersaidi.com\/\">Nasser Saidi & Associates<\/a> and was brought on to say that it\u2019s <strong>one thing to pass new laws, another to implement them<\/strong>. The key is to see how investor respond to the measures, he said, tipping his hat to Nasr, who he said is a \u201cprofessional. \u2026 it\u2019s always very encouraging to have a professional.\u201d On Egypt\u2019s economy as a whole, Saidi says we\u2019re now at the start of the upswing in the J-curve. (<a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2017-04-25\/nasser-saidi-sees-broad-egyptian-reform-agenda-video\"><strong>Watch<\/strong><\/a>, 4:04)<\/p>\n<p>Nasr\u2019s appearance on Bloomberg comes as part of a media blitz that began immediately after IMF and World Bank spring meetings to support her ministry\u2019s \u201c<strong>global investment promotion campaign to highlight Egypt\u2019s value proposition to global public market and strategic investors<\/strong> as the country continues to roll-out an ambitious economic reform program.\u201d<\/p>\n<p><strong>Touching base with the World Bank\u2026 <\/strong>At the meetings, Nasr met with World Bank Group president Jim Yong Kim on supporting the private sector and attracting more foreign investment, according to a ministry <a href=\"http:\/\/www.moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8078\">statement<\/a>. Kim \u201ccommended the government\u2019s economic program and the progress made during a short period of time, in addition to improving the business climate and taking the procedures necessary to attract further foreign investments,\u201d the statement read. Nasr also highlighted opportunities in the Suez Canal economic zone and the new administrative capital in a <a href=\"http:\/\/www.moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8080\">sit-down Keiko Honda<\/a>, EVP at the World Bank\u2019s <a href=\"https:\/\/www.miga.org\/\">Multilateral Investment Guarantee Agency<\/a>. The agency is interested in supporting investment in Egypt over the coming three years, Honda said.<\/p>\n<p><strong>\u2026and top New York-based investors. <\/strong>Nasr has been in the Big Apple the past couple of days, where EFG Hermes and <a href=\"https:\/\/www.abana.co\/\">ABANA<\/a> hosted an institutional investor roundtable for Nasr to introduce her to \u201cleading figures in the US investment community,\u201d said ABANA Chairperson Mona Aboelnaga Kanaan in a <a href=\"https:\/\/ent.news\/2017\/4\/72.pdf\">statement (pdf)<\/a>. (The ministry\u2019s statement on the same appearance <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/Sahar-Nasr-investment-banks.pdf\">is here<\/a>.) While in New York, Nasr also discussed<strong> investment in petrochemicals and renewable energy with the Export-Import Bank of the United States<\/strong> deputy vice president Hala El Mohandes. Nasr <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/Sahar-Nasr-UNDP.pdf\">also met with Mourad Wahba<\/a>, director of the UNDP\u2019s regional bureau for the Arab states.<\/p>\n<p><strong>Among the other meetings on an exhausting schedule: <\/strong>Discussion of sanitation, energy and transport projects with the <a href=\"https:\/\/www.aiib.org\/en\/index.html\">Asian Infrastructure Investment Bank<\/a>. A mission from the AIIB is set to visit Egypt, the ministry <a href=\"http:\/\/www.moic.gov.eg\/Front\/Media\/NewsDetail.aspx?MedId=8079\">said in a statement<\/a>. Nasr also <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2017\/04\/press-release-SFD.pdf\">re-opened talks<\/a> on a USD 1.5 bn loan for development in Sinai from the Saudi Fund for Development. Talks on the second tranche of the loan had been on hold since <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/29\/cairo-riyadh-talks-over-second-tranche-of-usd-1-5-bn-loan-from-saudi-stalled-after-island-ruling-sources\/\">January<\/a>, after a court blocked the transfer to Saudi control of the Red Sea islands Tiran and Sanafir.<\/p>\n<p>(And speaking of ABANA, we\u2019d have loved to have been a fly on the wall for its <a href=\"https:\/\/www.abana.co\/events\/all\/2017-us-mena-tech-summit\/\"><strong>2017 US-MENA<\/strong><strong>Tech Summit<\/strong><\/a>, held yesterday. Check out ABANA\u2019s <a href=\"https:\/\/twitter.com\/abananews?lang=en\">Twitter feed<\/a> for highlights.)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/speed-round\/\">SPEED ROUND<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649227\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649228\" 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=\"649228\">\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\/26\/qulaan-in-marsa-alam\/\">\r\n                            Qulaan in Marsa Alam                        <\/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\/26\/qulaan-in-marsa-alam\/\" 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\/26\/qulaan-in-marsa-alam\/')\">\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\/26\/qulaan-in-marsa-alam\/\">\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=Qulaan in Marsa Alam&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/qulaan-in-marsa-alam\/\">\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\/26\/qulaan-in-marsa-alam\/&title=Qulaan in Marsa Alam\">\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=Qulaan+in+Marsa+Alam+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fqulaan-in-marsa-alam%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\/26\/qulaan-in-marsa-alam\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1948.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649229\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/qulaan-in-marsa-alam\/1948-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1948.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1948.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1948.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1948.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649228\" class=\"content-area-description single-story post-649228 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 Qulaan <\/strong>in Marsa Alam. Almost all Egyptian mangrove stands, particularly in Marsa Alam, are now protected as their dense root systems filter out sediments and protect coral reefs. The image was shot for CIB\u2019s 2016 Annual Report (<a href=\"http:\/\/annualreport2016.cibeg.com\/\">microsite<\/a> and <a href=\"http:\/\/annualreport2016.cibeg.com\/CIBAnnualReport.pdf\">print edition<\/a>) by Zeina Abaza at <a href=\"http:\/\/inktankcommunications.com\/\">Inktank Communications<\/a>, which has produced the bank\u2019s annual report for the past eight years.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-holiday-photo-of-the-day\/\">Egypt Holiday Photo of the Day<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649230\" 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=\"649230\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/\">\r\n                            Multinational drum troupes tour historical sites in fifth Drums Festival                        <\/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\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/\" 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\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/')\">\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\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/\">\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=Multinational drum troupes tour historical sites in fifth Drums Festival&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/\">\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\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/&title=Multinational drum troupes tour historical sites in fifth Drums Festival\">\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=Multinational+drum+troupes+tour+historical+sites+in+fifth+Drums+Festival+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fmultinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival%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\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1996.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649231\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/multinational-drum-troupes-tour-historical-sites-in-fifth-drums-festival\/1996-jpg-5\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1996.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1996.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1996.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/4\/1996.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649230\" class=\"content-area-description single-story post-649230 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>Multinational drum troupes tour historical sites:<\/strong> Drum troupes from 25 countries filled Moez Street on Friday evening to launch the fifth edition of the Drums Festival under the theme \u201cDrums for Peace,\u201d <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/04\/23\/622807\/\">Daily News Egypt<\/a> reports. Organized by the Tourism, Culture, and Youth and Sports ministries, the seven-day festival has seen the troupes taking their drums to the Sultan Al-Ghuri complex, the Port Said palace, the Talaat Harb cultural center, and the Cairo Opera House, among other cultural spots.<\/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=\"649232\" 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=\"649232\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/\">\r\n                            Pope Francis, Tourism Minister's comments lead coverage on Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Pope Francis, Tourism Minister's comments lead coverage on Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/&title=Pope Francis, Tourism Minister's comments lead coverage on Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Pope+Francis%2C+Tourism+Minister%27s+comments+lead+coverage+on+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fpope-francis-tourism-ministers-comments-lead-coverage-on-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-tourism-ministers-comments-lead-coverage-on-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649232\" class=\"content-area-description single-story post-649232 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><a href=\"http:\/\/www.catholic.org\/news\/hf\/faith\/story.php?id=74677\"><strong>Pickups of Pope Francis\u2019 message<\/strong><\/a> of peace to Egypt ahead of his visit this weekend and <strong>Tourism Minister Yehia Rashed\u2019s comments from Dubai <\/strong>on the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypts-tourism-officials-insist-popular-sites-are-safe\/2017\/04\/24\/bf3afb66-2923-11e7-9081-f5405f56d3e4_story.html?utm_term=.3183d2d0b506\">state of Egypt\u2019s tourism industry<\/a> are dominating the narrative on Egypt this morning. Not satisfied with the Minister's statements, <a href=\"http:\/\/www.aljazeera.com\/indepth\/features\/2017\/04\/lonely-pyramids-giza-egyptian-tourism-falling-170418050241421.html\">Al Jazeera<\/a> is saying that the Palm Sunday terror attacks could further damage the already crippled sector. Brilliant insights from the propagandists for the statelet.<\/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=\"649234\" 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=\"649234\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/\">\r\n                            Pope Francis\u2019 visit is on Egyptian columnists\u2019 minds                        <\/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\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/\" 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\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/')\">\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\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/\">\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=Pope Francis\u2019 visit is on Egyptian columnists\u2019 minds&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/\">\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\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/&title=Pope Francis\u2019 visit is on Egyptian columnists\u2019 minds\">\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=Pope+Francis%E2%80%99+visit+is+on+Egyptian+columnists%E2%80%99+minds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fpope-francis-visit-is-on-egyptian-columnists-minds%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\/26\/pope-francis-visit-is-on-egyptian-columnists-minds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649234\" class=\"content-area-description single-story post-649234 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>As Pope Francis\u2019 arrival in Omm El Donia inches closer, the avalanche of commentary on <\/strong><strong>the visit is gaining speed.<\/strong> <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1124055\">Al Masry Al Youm<\/a>\u2019s Ahmed El Gamal looks at the visit through a cultural and historical lens and says it will be another landmark in Egypt\u2019s long religious history. Ashraf Sadek takes to the pages of <a href=\"http:\/\/www.ahram.org.eg\/News\/202246\/59\/591184\/%D8%A2%D8%B1%D8%A7%D8%A1-%D8%AD%D8%B1%D8%A9\/%D8%A7%D9%84%D8%A8%D8%A7%D8%A8%D8%A7-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1-%D8%B1%D8%BA%D9%85-%D8%A3%D9%86%D9%81-%D8%A7%D9%84%D8%A5%D8%B1%D9%87%D8%A7%D8%A8%D9%8A%D9%8A%D9%86.aspx\">Al Ahram<\/a> to laud Pope Francis for following through on the visit despite \u201cfalse\u201d security threats, while Tarek El Sheikh echoes the same general sentiment in a conspiracy theory-infused column penned for <a href=\"http:\/\/www.ahram.org.eg\/News\/202246\/59\/591190\/%D8%A2%D8%B1%D8%A7%D8%A1-%D8%AD%D8%B1%D8%A9\/%D9%81%D8%B1%D9%86%D8%B3%D9%8A%D8%B3-%D9%82%D8%A7%D9%87%D8%B1-%D8%A7%D9%84%D8%B4%D9%8A%D8%B7%D8%A7%D9%86.aspx\">the same newspaper<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649235\" 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=\"649235\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/\">\r\n                            Egyptian-Saudi Trade Committee to hold a meeting mid-May                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian-Saudi Trade Committee to hold a meeting mid-May&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/&title=Egyptian-Saudi Trade Committee to hold a meeting mid-May\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian-Saudi+Trade+Committee+to+hold+a+meeting+mid-May+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fegyptian-saudi-trade-committee-to-hold-a-meeting-mid-may%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/egyptian-saudi-trade-committee-to-hold-a-meeting-mid-may\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649235\" class=\"content-area-description single-story post-649235 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>Foreign Minister Sameh Shoukry and Chinese Foreign Minister Wang Yi agreed on new <\/strong><strong>channels of cooperation under the \u201cOne Belt, One Road\u201d initiative,<\/strong> China\u2019s <a href=\"http:\/\/english.cctv.com\/2017\/04\/25\/ARTIGFO6bbTAFFaPL3EYIvNB170425.shtml\">CCTV<\/a> reports. They met on the sidelines of the first Ancient Civilizations Forum in Athens, where Shoukry stressed Egypt\u2019s role in fighting terrorism throughout history during his speech on Monday, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/266529\/Egypt\/Politics-\/Egypt-bears-responsibility-of-fighting-the-forces-.aspx\">Ahram Online<\/a> reports. The forum aims to increase cooperation between 10 countries with ancient civilizations, namely Egypt, China, India, Italy, Iran, Iraq, Greece, Mexico, Bolivia, and Peru, according to the <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/diplomats-representing-ancient-civilizations-meet-in-athens\/2017\/04\/24\/4fe376ee-2905-11e7-9081-f5405f56d3e4_story.html?utm_term=.aa87415ff163\">Associated Press<\/a>.<\/p>\n<p><strong>The Egyptian-Saudi Trade Committee is set to meet in Riyadh mid-next month<\/strong> to discuss boosting trade and investment between the two countries, Trade and Industry Minister Tarek Kabil said on Monday, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/24\/1014114\">Al Borsa reports<\/a>.<\/p>\n<p><strong>Commercial agreements worth USD 450 mn were signed during the Food Africa expo<\/strong> that took place earlier this week, the exhibition\u2019s executive director Dalia Kabil said, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/25\/1014577\">Al Borsa reports<\/a>.<strong> About USD 250 mn of that figure are export sales for Egyptian companies<\/strong>, with the balance being Egyptian purchases of production lines and equipment from foreign suppliers.<\/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=\"649236\" 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=\"649236\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/\">\r\n                            Energy spending will total USD 75 bn for the next four years                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Energy spending will total USD 75 bn for the next four years&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/&title=Energy spending will total USD 75 bn for the next four years\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Energy+spending+will+total+USD+75+bn+for+the+next+four+years+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fenergy-spending-will-total-usd-75-bn-for-the-next-four-years%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/energy-spending-will-total-usd-75-bn-for-the-next-four-years\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649236\" class=\"content-area-description single-story post-649236 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>Egypt will need USD 75 bn to develop its energy sector between 2018 and 2022, according to the development strategies of both the Electricity and Oil ministries. USD 45 bn will need to be spent on developing the electricity sector, with a long term plan to generate 51.7 GW by 2030. From the looks of the plan \u2014 formulated by consultancy firm SOFRECO \u2014 most of that spending will be geared towards building up capacity of coal power, whose spending will reach USD 38.6 bn until 2030, Electricity Minister Mohamed Shaker tells <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/24\/1013817\">Al Borsa<\/a>. No projections for electricity subsidies cuts were announced. USD 30 bn will be spent on developing oil and gas fields in the Mediterranean, said Oil Minister Tarek El Molla. Separately, El Molla discussed new funding for oil and gas projects with top officials from the China Development Bank, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1123884\">Al Masry Al Youm<\/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=\"649239\" 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=\"649239\">\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\">EXPORTS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/\">\r\n                            UAE restricts some fruit and vegetables imports, bans Egyptian peppers                        <\/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\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/\" 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\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/')\">\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\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/\">\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=UAE restricts some fruit and vegetables imports, bans Egyptian peppers&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/\">\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\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/&title=UAE restricts some fruit and vegetables imports, bans Egyptian peppers\">\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=UAE+restricts+some+fruit+and+vegetables+imports%2C+bans+Egyptian+peppers+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fuae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers%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\/26\/uae-restricts-some-fruit-and-vegetables-imports-bans-egyptian-peppers\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649239\" class=\"content-area-description single-story post-649239 post type-post status-publish format-standard hentry category-exports tag-enterpriseam tag-exports 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> The UAE has banned imports of \u201call varieties of pepper\u201d from Egypt, according to <a href=\"http:\/\/www.thenational.ae\/uae\/uae-bans-import-of-fruits-and-vegetables-from-five-countries\">The National<\/a>. The ban, effective on 15 May, spans a number of fruit and vegetables from Egypt, Oman, Jordan, Lebanon, and Yemen over concerns of high levels of pesticides. UAE\u2019s Climate Change and Environment Ministry said \u201ccountries affected by the ban must submit certificates that indicate all other vegetables and fruits are free of pesticide residues before imports can resume and they have been asked to comply with the food safety standards adopted by the UAE.\u201d Kuwait and Saudi Arabia had taken steps <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/26\/kuwait-bans-peppers-imports-from-egypt\/\">over the past few months<\/a> banning Egyptian peppers as well.<\/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\/exports\/\">exports<\/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=\"649242\" 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=\"649242\">\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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/\">\r\n                            US-Egypt Science and Technology Joint Fund approves 15 joint 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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/\" 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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/')\">\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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US-Egypt Science and Technology Joint Fund approves 15 joint projects&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/\">\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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/&title=US-Egypt Science and Technology Joint Fund approves 15 joint projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US-Egypt+Science+and+Technology+Joint+Fund+approves+15+joint+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fus-egypt-science-and-technology-joint-fund-approves-15-joint-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\/26\/us-egypt-science-and-technology-joint-fund-approves-15-joint-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649242\" class=\"content-area-description single-story post-649242 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The US-Egypt Science and Technology <a href=\"https:\/\/eg.usembassy.gov\/education-culture\/joint-science-technology-fund\/\">Joint Fund<\/a> approved 15 joint projects in the fields of agriculture, energy, health, and water and its board also agreed to continue to dedicate a portion of its funding toward innovation-related activities, according to a US Embassy <a href=\"https:\/\/eg.usembassy.gov\/promoting-u-s-egypt-collaboration-science-technology\/\">statement<\/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\/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=\"649244\" 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=\"649244\">\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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\">\r\n                            EFSA allows real estate companies to swap shares in real estate funds                        <\/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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\" 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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/')\">\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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\">\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=EFSA allows real estate companies to swap shares in real estate funds&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\">\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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/&title=EFSA allows real estate companies to swap shares in real estate funds\">\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=EFSA+allows+real+estate+companies+to+swap+shares+in+real+estate+funds+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fefsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds%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\/26\/efsa-allows-real-estate-companies-to-swap-shares-in-real-estate-funds\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649244\" class=\"content-area-description single-story post-649244 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Financial Supervisory Authority issued amendments governing subscriptions to real estate funds that would allow real estate companies to trade in shares of their company or properties for shares in real estate funds in an initial public offering, EFSA chief Sherif Samy said. Companies which subscribe to a real estate fund through their own shares must hold its traded stocks in the fund for a minimum of two years before selling them, according to an <a href=\"http:\/\/www.efsa.gov.eg\/content\/efsa_ar\/efsa_news\/efsa_559.htm\">EFSA statement<\/a>. The regulator lifted the cap in place on subscription in these funds through real estate shares, allowing the fund\u2019s board to determine the limit.<\/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=\"649246\" 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=\"649246\">\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\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/\">\r\n                            NAT decreased Metro Line 2 air conditioned trains to 6 from 13                        <\/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\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/\" 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\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/')\">\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\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/\">\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=NAT decreased Metro Line 2 air conditioned trains to 6 from 13&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/\">\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\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/&title=NAT decreased Metro Line 2 air conditioned trains to 6 from 13\">\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=NAT+decreased+Metro+Line+2+air+conditioned+trains+to+6+from+13+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fnat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13%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\/26\/nat-decreased-metro-line-2-air-conditioned-trains-to-6-from-13\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649246\" class=\"content-area-description single-story post-649246 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The National Authority for Tunnels (NAT) has reduced the number of air-conditioned trains it is planning to buy for Cairo Metro\u2019s Line 2 to six from 13. Technical assessments have shown that the line did not require the 13 trains as projected initially, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/23\/1013759\">Al Borsa<\/a> reports. NAT\u2019s spokesperson says the trains will cost EGP 3 bn in total and the purchase will be financed partly by an EUR 100 mn European Investment Bank loan. On a related note, the Transportation Ministry will start evaluating financial and technical offers from Japanese companies to establish the first phase of Cairo Metro Line 4 in mid-July, Transport Minister Hisham Arafat says, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331419\">Al Mal<\/a> reports. The Japanese International Cooperation Agency is funding a part of the first phase, with a USD 1.28 bn facility, representing 40% of the EGP 25 bn line.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649248\" 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=\"649248\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/\">\r\n                            Engineering Authority to build EGP 1.4 bn multi-purpose station at Damietta Port                        <\/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\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/\" 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\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/')\">\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\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/\">\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=Engineering Authority to build EGP 1.4 bn multi-purpose station at Damietta Port&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/\">\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\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/&title=Engineering Authority to build EGP 1.4 bn multi-purpose station at Damietta Port\">\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=Engineering+Authority+to+build+EGP+1.4+bn+multi-purpose+station+at+Damietta+Port+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fengineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port%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\/26\/engineering-authority-to-build-egp-1-4-bn-multi-purpose-station-at-damietta-port\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649248\" class=\"content-area-description single-story post-649248 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Armed Forces Engineering Authority will build a EGP 1.4 bn multi-purpose station in Damietta Port after signing a cooperation agreement with the port authority, <a href=\"http:\/\/www.alborsanews.com\/2017\/04\/24\/1014268\">Al Borsa<\/a> reports. The facility is expected to be completed in 18 months.<\/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\/infrastructure\/\">infrastructure<\/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=\"649249\" 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=\"649249\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-2017\/\">\r\n                            EFG Hermes Leasing looks to grow leasing portfolio to EGP 3 bn in 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\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-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\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-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\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-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=EFG Hermes Leasing looks to grow leasing portfolio to EGP 3 bn in 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-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\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-2017\/&title=EFG Hermes Leasing looks to grow leasing portfolio to EGP 3 bn in 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=EFG+Hermes+Leasing+looks+to+grow+leasing+portfolio+to+EGP+3+bn+in+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fefg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-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\/26\/efg-hermes-leasing-looks-to-grow-leasing-portfolio-to-egp-3-bn-in-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649249\" class=\"content-area-description single-story post-649249 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>EFG Hermes Leasing is targeting bringing its portfolio to EGP 3 bn by year-end, from EGP 1.4 bn currently, CEO Ahmed El Kholy says, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331311\">Al Mal<\/a> reports. El Kholy made the remarks as the company signed an EGP 20 mn facility to channel more funding to small and medium-sized industries. EFG Hermes Leasing has been focusing on renewable the energy and health sectors, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331300\">Al Mal<\/a> adds.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/banking-finance\/\">BANKING + FINANCE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649251\" 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=\"649251\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/\">\r\n                            \u201cCargotecture\u201d startup sees refurbished shipping containers as the solution to Egypt\u2019s informal housing crisis                        <\/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\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/\" 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\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/')\">\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\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/\">\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=\u201cCargotecture\u201d startup sees refurbished shipping containers as the solution to Egypt\u2019s informal housing crisis&url=https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/\">\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\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/&title=\u201cCargotecture\u201d startup sees refurbished shipping containers as the solution to Egypt\u2019s informal housing crisis\">\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=%E2%80%9CCargotecture%E2%80%9D+startup+sees+refurbished+shipping+containers+as+the+solution+to+Egypt%E2%80%99s+informal+housing+crisis+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F04%2F26%2Fcargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis%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\/26\/cargotecture-startup-sees-refurbished-shipping-containers-as-the-solution-to-egypts-informal-housing-crisis\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649251\" class=\"content-area-description single-story post-649251 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Cargo-what? <\/strong>Two Egyptians see \u201ccargotecture,\u201d a concept merging cargo containers and architecture, as a possible solution for Egypt\u2019s informal housing crisis. Youssef Farag and Karim Rafla co-founded Qubix one year ago to refurbish old cargo containers (including installing insulation systems to boot) and transform them into living or commercial spaces. The container homes require less time and money than traditional buildings, and would be safer and cheaper alternatives to illegally constructed slums, Nadine Awadalla writes for <a href=\"http:\/\/www.reuters.com\/article\/us-egypt-container-living-idUSKBN17R16K\">Reuters<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649252\" 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=\"649252\">\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\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/by-the-numbers-79\/\">\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\/26\/by-the-numbers-79\/\" 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\/26\/by-the-numbers-79\/')\">\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\/26\/by-the-numbers-79\/\">\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\/26\/by-the-numbers-79\/\">\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\/26\/by-the-numbers-79\/&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%2F26%2Fby-the-numbers-79%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\/26\/by-the-numbers-79\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649252\" class=\"content-area-description single-story post-649252 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 18.0382 | Sell 18.1409<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> (Monday): 12,583 (+0.3%)<br \/>\n <strong>Turnover:<\/strong> EGP 725 mn (27% below the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +1.9%<\/p>\n<p><strong>THE MARKET ON MONDAY:<\/strong> The EGX30 ended Monday\u2019s session up 0.3%. CIB, the index heaviest constituent ended up 1.0%. EGX30\u2019s top performing constituents were: Global Telecom up 3.4%, Oriental Weavers up 1.2%, and CIB up 1.0%. Monday\u2019s worst performing stocks included: Telecom Egypt down 8.8%, Credit Agricole down 2.2%, and Orascom Telecom Media & Technology down 1.5%. Total market turnover stood at EGP 725 mn, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +336.5 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +254.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -591.3 mn<\/p>\n<p><strong>Retail<\/strong>: 34.0% of total trades | 38.2% of buyers | 29.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 66.0% of total trades | 61.8% of buyers | 70.2% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 22.4% of total | 33.3% of buyers | 11.4% of sellers<br \/>\n <strong>Regional:<\/strong> 13.0% of total | 21.4% of buyers | 4.8% of sellers<br \/>\n <strong>Domestic:<\/strong> 64.6% of total | 45.3% of buyers | 83.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 49.31 (-0.50%)<br \/>\n <strong>Brent:<\/strong> USD 52.10 (+0.97%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.04 MMBtu, (-0.20%, May 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,265.30 \/ troy ounce (-0.15%)<br\n<strong>TASI:<\/strong> 6,977.5 (+0.1%) (YTD: -3.2%)<br \/>\n <strong>ADX:<\/strong> 4,530.8 (+0.2%) (YTD: -0.3%)<br \/>\n <strong>DFM:<\/strong> 3,430.9 (-1.1%) (YTD: -2.8%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 406.6 (+0.2%) (YTD: +7.0%)<br \/>\n <strong>QE:<\/strong> 10,153.8 (-0.4%) (YTD: -2.7%)<br \/>\n <strong>MSM:<\/strong> 5,466.6 (-0.1%) (YTD: -5.5%)<br \/>\n <strong>BB: <\/strong>1,335.6 (-0.1%) (YTD: +9.4%)<\/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=\"649253\" 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\/26\/649253\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649253\" class=\"content-area-description single-story post-649253 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>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>27 April (Thursday): Shalakany law firm\u2019s <a href=\"https:\/\/gallery.mailchimp.com\/7d29bc40e38917f308cd42b60\/files\/5531eed7-244d-47b9-a7cf-013a82a321e4\/Conference_agenda_2.pdf\">VAT & the New Taxation Landscape conference<\/a>, Nile Ritz Carlton, Cairo.<\/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>10-12 May (Wednesday-Friday) The 15th <a href=\"http:\/\/www.franchiseegypt.com\/News.aspx?Id=12242\">Middle East & North Africa International Franchise Exhibition<\/a>, AUC Downtown Greek Campus, Cairo.<\/p>\n<p>14-16 May (Sunday-Tuesday) CI Capital is planning to hold its fifth annual Egypt Investor Conference in Gouna this May, with 75 international companies expected to participate, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=331433\">Al Mal reports<\/a>. The Investment and International Cooperation, Finance, Planning, and Supply ministers are also set to be in attendance.<\/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":649213,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649212","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0b37d9ac-be5e-4f3b-b91d-30875e27de85","teaser":"","photo_url":"https:\/\/ent.news\/2017\/4\/325.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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