{"id":649456,"date":"2017-03-01T04:11:26","date_gmt":"2017-03-01T04:11:26","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649456"},"modified":"2025-12-17T22:12:28","modified_gmt":"2025-12-17T22:12:28","slug":"ladies-and-gentlemen-the-parallel-market-for-usd-is-still-dead","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/ladies-and-gentlemen-the-parallel-market-for-usd-is-still-dead\/","title":{"rendered":"Ladies and gentlemen, the parallel market for USD is still dead"},"content":{"rendered":"<section id=\"649458\" 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=\"649458\">\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\/03\/01\/what-were-tracking-on-01-march-2017\/\">\r\n                            What we\u2019re tracking on 01 March 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\/03\/01\/what-were-tracking-on-01-march-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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We touched base with two senior bankers yesterday who dumped buckets of ice water on the notion.<\/p><p><strong>What\u2019s happening is simple: Foreign exchange offices have been boxed out of the FX<\/strong><strong>market and are now making a play for market share. <\/strong>FX bureaux controlled the parallel market for FX prior to 3 November, capturing the lion\u2019s share of the bns in remittances transferred into Egypt by expat workers every quarter. Their market share has since fallen to the single digits because banks have the liquidity to keep up with market demand. Said one banker: \u201cWe lost market share before November to the FX guys because we couldn\u2019t offer above EGP 8.88 [per USD, the official rate at the time]. They had 90% of the flow and made a killing. Now they\u2019ve lost market share to the banks because their customers are selling to us. <strong>The banks are easily meeting demand and the CBE hasn\u2019t given us guidance on pricing one way or another<\/strong>. Not even a hint \u2014 none of that is happening.\u201d<\/p><p>The central bank has indeed guided the banks to allocate 25% of their excess USD to the backlog queue, \u201cand we\u2019re doing that,\u201d said another banker. \u201cWe can bid whatever we want for USD, flows to the interbank market are rising. If there was demand at 17 or 18, we\u2019d be bidding that high. There isn\u2019t, so we\u2019re not.\u201d<\/p><p><strong>What to expect in the coming days: <\/strong>One of the smartest guys we know says it comes down to retail psychology: \u201cRetail flows into the banking system have been dry the last two or three days because there\u2019s confusion \u2014 \u2018What\u2019s this [redacted] about the black market being 17?\u2019 They\u2019re holding onto their USD because they don\u2019t know which way to go. This is typical behavior: They stop when they don\u2019t know what\u2019s going on, and <strong>the moment it seems the USD is going to lose a bit of strength, they sell into the fall<\/strong> and will drive it down further.\u201d<\/p><p><strong>The Finance Ministry is reducing the exchange rate used to calculate customs duties to <\/strong><strong>EGP 15.75 per USD 1 starting from today<\/strong>, Minister Amr El Garhy told <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN16710S\">Reuters<\/a>. The rate was reduced and capped at EGP 16.00 per USD 1 <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/16\/finance-ministry-sets-custom-rate-at-egp-16-for-the-usd-1-customs-revenues-reach-egp-14-5-bn\/\">mid-last month<\/a>. The new rate will be valid until 15 March when it will be revisited according to the market exchange rates at the time, El Garhy added.<\/p><p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>A Russian business delegation<\/strong> <strong>lands in Cairo today<\/strong>. The delegation, led by First Deputy Minister of Industry and Trade <a href=\"https:\/\/www.rvc.ru\/en\/about\/governance\/directors\/nikitin\/\">Gleb Nikitin<\/a>, is on a two-day visit to discuss establishing a Russian industrial zone in East Port Said and will meet with a number Egyptian officials, according to an emailed statement from the Russian Industry and Trade Ministry. An unnamed source from the Trade and Industry Ministry claims that the <strong>Russians are looking to increase the amount of land allocated to the zone from 800 km\u00b2 to 20,000 km\u00b2<\/strong>, <a href=\"http:\/\/www.youm7.com\/story\/2017\/2\/28\/%D8%AD%D8%B3%D9%85-%D9%85%D8%B3%D8%A7%D8%AD%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9-%D8%A7%D9%84%D8%B1%D9%88%D8%B3%D9%8A%D8%A9-%D8%AE%D9%84%D8%A7%D9%84-%D9%84%D9%82%D8%A7%D8%A1-%D9%88%D9%81%D8%AF-%D8%B1%D9%88%D8%B3%D9%89-%D9%85%D8%B9\/3122722\">Youm7<\/a> reports. Russia\u2019s Industry and Trade Ministry and the Russian Export Center are holding a media event this evening at 6:00 pm at the Russian Cultural Center on the industrial zone, according to our friends at Shahid Law Firm, who are advising the delegation.<\/p><p>The business delegation\u2019s arrival comes after<strong> Defense Minister Sedki Sobhi and the Armed <\/strong><strong>Forces\u2019 Chief of Staff Mahmoud Hegazy met with Russia\u2019s Deputy Prime Minister<\/strong>, Dmitry Rogozin, during which the two sides discussed regional and international security issues and increasing cooperation, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1096180\">Al Masry Al Youm<\/a> reports.<\/p><p><strong>Are we on the cusp of a virtuous cycle for emerging markets? <\/strong>The price of iron ore is rising thanks to recovering demand in China, which isn\u2019t going to have a \u201chard landing\u201d after all. Container shipping prices are spiking. Vietnam\u2019s garment sector is booming. Quoth the Financial Times: \u201cThere is even a chance of the emerging world entering a virtuous cycle, says David Hensley, an economist at JPMorgan, in which optimism begets investment, which in turn begets higher productivity and earnings, leading to yet more investment and faster growth.\u201d The wildcard: China\u2019s housing market will be \u201ccentral to the sustainability of the emerging market rally,\u201d meaning there is a risk that \u201cWe may be becoming super positive on emerging markets just as Chinese housing begins to turn down.\u201d Whether you work in EM or just invest here, you\u2019re going to want to <strong>have a look at the Financial Times\u2019 Big Read this morning: \u201c<\/strong><a href=\"https:\/\/www.ft.com\/content\/1ff85e96-f9ca-11e6-9516-2d969e0d3b65\"><strong>Are emerging markets entering a new virtuous cycle?<\/strong><\/a><strong>\u201d <\/strong>The kicker is in the subhed: \u201cOptimism over growth and returning investment on the back of Chinese demand is offset by fears of problems ahead.\u201d<\/p><p>Fintech types and lawyers beware: <strong>The robots giveth, the robots taketh away. <\/strong>The head of asset management at JPMorgan Chase \u201chas cast doubt over the future of digital advisers, stressing that \u2018human beings need human beings\u2019 \u2014 especially in times of market stress,\u201d the <a href=\"https:\/\/www.ft.com\/content\/2cfc2524-fe0b-11e6-96f8-3700c5664d30\">Financial Times<\/a> writes. Mary Erdoes believes that \u201cOnce [asset] prices start to drop and anxiety rises, customers may no longer be happy to be guided solely by software.\u201d Sounds great, right? But on the other side of the equation, <strong>legal robots at JPMorgan have just shown that they can crunch through 360,000 hours of contract work in in seconds<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-28\/jpmorgan-marshals-an-army-of-developers-to-automate-high-finance\">Bloomberg tells us<\/a>.<\/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=\"649459\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div 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272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 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=\"649460\" 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=\"649460\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/what-were-tracking-this-week-194\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/what-were-tracking-this-week-194\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n        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week&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/what-were-tracking-this-week-194\/\">\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\/03\/01\/what-were-tracking-this-week-194\/&title=What we\u2019re tracking this week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+this+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fwhat-were-tracking-this-week-194%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\/03\/01\/what-were-tracking-this-week-194\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649460\" class=\"content-area-description single-story post-649460 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>German Chancellor Angela Merkel is due in Cairo tomorrow<\/strong>, <strong>accompanied by a <\/strong><strong>10-company trade delegation<\/strong>, Ambassador Julius Georg Luy told <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/984880\">Al Borsa<\/a>. Luy described Egypt\u2019s economic reform program as <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/984886\">bold and positive<\/a> and said the EGP float helped attract foreign currency inflows. In addition to meetings with senior government officials including President Abdel Fattah El Sisi, Merkel will attend the inauguration of the first phase of three Siemens-built power stations, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=324312\">Al Mal<\/a>. On that front, Emad Ghaly, CEO Siemens Egypt tells the <a href=\"http:\/\/www.theenergycollective.com\/energy-post\/2399364\/emad-ghaly-ceo-siemens-egypt-egypts-electricity-challenges-solved-good\">Energy Collective<\/a> that <strong>Egypt\u2019s electricity challenges have been solved for good.<\/strong> The plants, Siemens\u2019 biggest order to date, are being completed ahead of schedule and will fulfill Egypt\u2019s power needs until at least 2022, maybe even 2023. All that\u2019s missing now is delivering the combined cycle modules and converting the power plants from open cycle to combined cycle operation.<\/p>\n<p><strong>You can go skiing in Egypt starting from tomorrow:<\/strong> Majid Al Futtaim\u2019s Mall of Egypt is set to open tomorrow at 10:00 am in Six of October City. The mall is a USD 722 mn investment and includes Egypt\u2019s first indoor ski slope. It\u2019s the sister property to MAF\u2019s flagship Mall of the Emirates in Dubai. You can <a href=\"https:\/\/ent.news\/2017\/3\/1479.pdf\">read the full press release here (pdf)<\/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\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649461\" 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=\"649461\">\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\/03\/01\/el-garhy-on-next-years-budget-projections-the-house-aversion-to-free-speech-mall-of-egypt-opening-tomorrow\/\">\r\n                            El Garhy on next year\u2019s budget projections; the House\u2019 aversion to free speech; Mall of Egypt opening tomorrow                        <\/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\/03\/01\/el-garhy-on-next-years-budget-projections-the-house-aversion-to-free-speech-mall-of-egypt-opening-tomorrow\/\" 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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the House\u2019 aversion to free speech; Mall of Egypt opening tomorrow\">\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=El+Garhy+on+next+year%E2%80%99s+budget+projections%3B+the+House%E2%80%99+aversion+to+free+speech%3B+Mall+of+Egypt+opening+tomorrow+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fel-garhy-on-next-years-budget-projections-the-house-aversion-to-free-speech-mall-of-egypt-opening-tomorrow%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\/03\/01\/el-garhy-on-next-years-budget-projections-the-house-aversion-to-free-speech-mall-of-egypt-opening-tomorrow\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649461\" class=\"content-area-description single-story post-649461 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Finance Minister Amr El Garhy phoned in to Hona Al Assema last night. <\/strong>El Garhy said the<strong>2017-18 deficit should come in at c. 9.5% of GDP, with GDP growth estimated to reach 4%<\/strong>. The budget will be presented to the House on 1 April. \u201cWe are still not sure when the IMF mission will visit, as early April coincides with the Spring Meetings of the World Bank and IMF,\u201d he said.<\/p>\n<p><strong>Speaking on the <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/28\/tax-authority-suggests-ideal-stamp-tax-rate-of-0-175\/\"><strong>proposed stamp tax rate<\/strong><\/a> of 0.175% on stock market transactions, <strong>El Garhy <\/strong><strong>stressed that this was not set in stone<\/strong>, but that the ministry was still studying it as an option. He added that we still have to wait for the House to formally and legally delay the capital gains tax for another three years. The minister also old host Lamees El Hadidy that the move to decrease the customs exchange rate to EGP 15.75 for the USD 1 would surely help drive down inflation (<a href=\"https:\/\/www.youtube.com\/watch?v=XgNFIHtYiEI\">watch<\/a>, runtime: 7:34).<\/p>\n<p><strong>Lamees Al Hadidi then covered the mounting tension between the House of Reps and the <\/strong><strong>press<\/strong>. The latest: MPs have backed controversial Rep. Mortada Mansour\u2019s demand that the House request the Prosecutor General\u2019s Office open an investigation of columnist and former talk show host Ibrahim Eissa. Mansour claims Eissa is guilty of \u201cinsulting Parliament\u201d and alleges the Suspendered One committed libel in a column for <a href=\"https:\/\/www.al-maqal.com\/\">Al Maqal<\/a> that likened parliamentarians to cartoon characters. MP Ahmed Imbaby was deputized to speak for the thin-skinned folk in the House, telling Lamees in a call-in that while MPs welcome criticism, \u201cwe have been witnessing attacks from many newspapers for a while.\u201d Lamees took the MP to school on freedom of the press. Her comments fell on deaf ears (<a href=\"https:\/\/www.youtube.com\/watch?v=Al8QcOWqRYQ\">watch<\/a>, runtime: 20:08).<\/p>\n<p>(<strong>Paging Mr. Kafka:<\/strong> Elsewhere, House Speaker Ali Abdel Aal has lambasted state-owned Al-Ahram\u2019s breaking news website for running a piece that was \u201cinsulting\u201d to the House, but refused to identify the article in questions, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1396861.aspx\">Al Ahram reports<\/a>. Al Ahram\u2019s board of directors <a href=\"http:\/\/gate.ahram.org.eg\/News\/1396909.aspx\">responded with a statement<\/a> defending its reporters. Meanwhile, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=28022017&id=c8e698fe-b6c2-4483-ad61-8b6208ee145d\">Al Shorouk<\/a> has more on the Eissa-Mansour flap.)<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib interviewed Majid Al Futtaim CEO Alain Bejjani on tomorrow\u2019s <\/strong><strong>opening of the Mall of Egypt.<\/strong> \u201cMall of Egypt is MAF\u2019s most important investment in Egypt,\u201d said Bejjani, adding that the company envisaged a mall by the Pyramids that could compete on an international level. The mall will contain 350 commercial outlets, 21 VOX cinema screens, a Carrefour, hypermarket, and oh, yeah, a ski slope (<a href=\"https:\/\/www.youtube.com\/watch?v=L5-Uomou41w\">watch<\/a>, runtime: 18:24). We hate to say it, but we really like the ski slope\u2026<\/p>\n<p><strong>Adib then spoke on investor interest in the government\u2019s 1.5 mn feddan land reclamation <\/strong><strong>project <\/strong>with Atter Hanoura, chairman of the Egyptian Rural Development Company, which manages the megaproject. Hanoura told Adib that demand for land in the first phase exceeded the 500K feddans on offer (<a href=\"https:\/\/www.youtube.com\/watch?v=4o4mawCx_Gw\">watch<\/a>, runtime: 2:25).<\/p>\n<p><strong>Al Hayah Al Youm\u2019s Tamer Amin <\/strong>interviewed Environment Minister Khaled Fahmy on the ministry's wastewater management program (<a href=\"https:\/\/www.youtube.com\/watch?v=YMfFE03yLJ8\">watch<\/a>, runtime: 2:13) and Germany\u2019s ambassador to Egypt Julius Georg Luy German on <strong>Chancellor Angela Merkel\u2019s itinerary<\/strong> for her trip to Masr (<a href=\"https:\/\/www.youtube.com\/watch?v=E6pFwZsMjlg\">watch<\/a>, runtime: 3:21).<\/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=\"649462\" 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=\"649462\">\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\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/\">\r\n                            Sahar Nasr to meet with brokerages and securities firms over stamp tax next week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Sahar Nasr to meet with brokerages and securities firms over stamp tax next week&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/&title=Sahar Nasr to meet with brokerages and securities firms over stamp tax next week\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Sahar+Nasr+to+meet+with+brokerages+and+securities+firms+over+stamp+tax+next+week+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fsahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/sahar-nasr-to-meet-with-brokerages-and-securities-firms-over-stamp-tax-next-week\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649462\" class=\"content-area-description single-story post-649462 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-03\"><\/a> <strong>Government to meet with brokerages houses next week to hash out the stamp tax:<\/strong> Investment and International Cooperation Minister Sahar Nasr is planning to sit down with brokerage firms next week to address their concerns about a proposed stamp tax on stock market transactions, <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/985065\">Al Borsa reports<\/a>. Finance Minister Amr El Garhy <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/28\/el-garhy-speaks-at-amcham-luncheon-promises-determination-resolve-in-policy-making-announces-ambitious-targets\/\">said on Sunday<\/a> that <strong>the stamp tax is coming before May<\/strong>, but that the rate was yet to be set. Brokers were still wary of the idea <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/28\/tax-authority-suggests-ideal-stamp-tax-rate-of-0-175\/\">after the Tax Authority<\/a> suggested a 0.175% rate on both the buy and sell side of each transaction on Sunday, saying that while it may have little-to-no effect on foreign and institutions, it could be an issue for the retail investors that account for most of the EGX\u2019s turnover. The Egyptian Capital Markets Association, an industry lobby group, believes a tax higher than the 0.1% levy imposed in 2013 and scrapped the year after would harm the EGX.<\/p>\n<p><strong>Developers of private free zones may now take a deep breath: <\/strong>GAFI overlord Mohamed Khodeir reassured investors in private free zones investors that they would be allowed to extend their agreements with the state under the new Investment Act, even though the act will not allow the creation of new private FZs. <a href=\"http:\/\/www.youm7.com\/story\/2017\/2\/28\/%D9%87%D9%8A%D8%A6%D8%A9-%D8%A7%D9%84%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-%D9%85%D9%86%D8%A7%D9%82%D8%B4%D8%A9-%D8%A7%D9%82%D8%AA%D8%B1%D8%A7%D8%AD%D8%A7%D8%AA-%D9%85%D9%85%D8%AB%D9%84%D9%89-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%84%D8%A7%D8%B3%D8%AA%D9%85%D8%B1%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%A7%D8%B7%D9%82-%D8%A7%D9%84%D8%AD%D8%B1%D8%A9-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5%D8%A9\/3123181\">Youm7 has the story<\/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\/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=\"649474\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649475\" 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=\"649475\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/\">\r\n                            Conditions for bond bull market to be over are in place -Goldman Sachs                        <\/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\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/\" 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\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/')\">\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\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/\">\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=Conditions for bond bull market to be over are in place -Goldman Sachs&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/\">\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\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/&title=Conditions for bond bull market to be over are in place -Goldman Sachs\">\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=Conditions+for+bond+bull+market+to+be+over+are+in+place+-Goldman+Sachs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fconditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs%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\/03\/01\/conditions-for-bond-bull-market-to-be-over-are-in-place-goldman-sachs\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649475\" class=\"content-area-description single-story post-649475 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>\u201cCertainly conditions are in place for the bull market in bonds to be over,<\/strong><strong>\u201d<\/strong> Ashok Varadhan, Goldman Sachs\u2019 global co-head of the Securities Division says. \u201cThe catalysts that have spurred the dramatic rise in bond yields over [the last three decades] \u2014 globalization, disinflation, central banks' zero-interest rate policies and their nominal bond buying programs, regulations and fiscal retrenchment \u2014 may all be on the cusp of changing.\u201d Varadhan believes the Bank of Japan's efforts to keep Japanese government bond (JGBs) yields near zero are the main reason behind the depressed overall bond yields globally as \u201cJapanese savers are buying US Treasuries instead of JGBs.\u201d <strong>One thing investors might be underestimating, Varadhan says, is the impact on emerging markets (EMs)<\/strong>. He says EMs have been \u201chuge beneficiary of the global bond bull run. If all the factors that have supported bonds start to reverse and if inflation and interest rates in developed markets start to rise, that could put pressure on EMs. If the manifestation of a trade war is a forced devaluation in EM currencies or one in which we see aggregate demand slow because of added tariffs, locally denominated currency debt could come under pressure.<\/p>\n<p><strong>One fund that plowed deeper into emerging and frontier markets in 2016 was Norway\u2019s USD 900 bn<\/strong><a href=\"https:\/\/www.nbim.no\/en\/\"><strong>Government Pension Fund Global<\/strong><\/a>, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-28\/biggest-wealth-fund-returns-6-9-in-2016-after-trump-stock-rally\">Bloomberg<\/a>. The fund, which <a href=\"https:\/\/www.nbim.no\/en\/transparency\/news-list\/2017\/447-billion-kroner-return\/\">announced<\/a> a return of 6.9% in 2016, gaining approximately USD 53 bn, says emerging market holdings were USD 92 bn by the end of 2016 and accounted for 10% of its investments. The fund, known for its <a href=\"https:\/\/www.nbim.no\/en\/transparency\/\">transparency<\/a>, says its equity investments returned 8.7%, fixed income investments 4.3%, and real estate investments 0.8%. By the end of 2016, the fund was investing 62.5% of its capital in equities, 34.3% in fixed income, and 3.2% in real estate.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649476\" 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=\"649476\">\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\/03\/01\/the-hypocrisy-of-antique-collection\/\">\r\n                            The hypocrisy of antique collection                        <\/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\/03\/01\/the-hypocrisy-of-antique-collection\/\" 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\/03\/01\/the-hypocrisy-of-antique-collection\/')\">\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\/03\/01\/the-hypocrisy-of-antique-collection\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The hypocrisy of antique collection&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/the-hypocrisy-of-antique-collection\/\">\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\/03\/01\/the-hypocrisy-of-antique-collection\/&title=The hypocrisy of antique collection\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+hypocrisy+of+antique+collection+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fthe-hypocrisy-of-antique-collection%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\/03\/01\/the-hypocrisy-of-antique-collection\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/351.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649477\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/the-hypocrisy-of-antique-collection\/351-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/351.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"351.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/351.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/351.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649476\" class=\"content-area-description single-story post-649476 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>The hypocrisy of antique collection:<\/strong> Egypt gets a lot of flak for the routine \u201cmisplacement\u201d of historical and ancient Egyptian artifacts. Cut to Europe, whose entire knowledge of Egyptology has been arguably based on stolen artefacts. Take this gentleman up top: Major Harry Hartley Waite Southey, who is considered a celebrated explorer in his middle-of-nowhere town in Wales for \u201ccollecting\u201d artefacts from ancient Egypt and Turkey at the turn of the 20th century. These will not be returned to Egypt, but have been donated to the middle-of-nowhere museum, with much gratitude from the town.<\/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=\"649478\" 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=\"649478\">\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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/\">\r\n                            Anwar Al Sadat\u2019s expulsion leads conversation on Egypt this morning                        <\/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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/\" 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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/')\">\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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/\">\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=Anwar Al Sadat\u2019s expulsion leads conversation on Egypt this morning&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/\">\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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/&title=Anwar Al Sadat\u2019s expulsion leads conversation on Egypt this morning\">\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=Anwar+Al+Sadat%E2%80%99s+expulsion+leads+conversation+on+Egypt+this+morning+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fanwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning%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\/03\/01\/anwar-al-sadats-expulsion-leads-conversation-on-egypt-this-morning\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649478\" class=\"content-area-description single-story post-649478 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Topping coverage of Egypt in the international press this morning is the expulsion<\/strong><strong>of MP Mohamed Anwar El Sadat<\/strong> from the House of Representatives, a move that has eroded parliament\u2019s image and fed into the conventional Western trope of Egypt as a place where dissent is not tolerated. As we noted yesterday, the <a href=\"https:\/\/www.nytimes.com\/2017\/02\/27\/world\/middleeast\/egypt-sadat-sisi.html?_r=0\">New York Times<\/a> was the first out of the gate with a significant piece on the story and it\u2019s spread like wildfire: <a href=\"https:\/\/english.alarabiya.net\/en\/News\/middle-east\/2017\/02\/28\/Egypt-lawmaker-says-his-expulsion-is-warning-to-opposition.html\">Al Arabiya<\/a> is positioning the expulsion as warning to the opposition, while the <a href=\"http:\/\/www.bbc.com\/news\/world-middle-east-39114342\">BBC<\/a> and others have taken a positive line on El Sadat, who gained widespread credibility with rights groups at home and abroad for his opposition to the much-loathed NGO Act.<\/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=\"649484\" 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=\"649484\">\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\/03\/01\/house-has-undermined-its-own-credibility-by-giving-sadat-the-boot-al-ghazaly-harb-says\/\">\r\n                            House has undermined its own credibility by giving Sadat the boot, Al Ghazaly Harb says                        <\/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\/03\/01\/house-has-undermined-its-own-credibility-by-giving-sadat-the-boot-al-ghazaly-harb-says\/\" 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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The writer says that the rumor mill (particularly the international one) suggests that the House was pursuing a vendetta against Sadat for raising a stink about the assembly spending EGP 18 mn of state funds on three new cars. He says the move undermines Egyptian democracy and sends a message that freedom of expression is an illusion that not even an MP can indulge in.<\/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=\"649485\" 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=\"649485\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/elshorbagy-beats-older-brother-to-reach-windy-city-semis\/\">\r\n                            Elshorbagy beats older brother to reach Windy City semis                        <\/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\/03\/01\/elshorbagy-beats-older-brother-to-reach-windy-city-semis\/\" 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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I'm grateful for the sport \u2013 it has allowed me to have my brother as my best friend. We share the same life, have the same dreams and we support each other\u2026 We're there for each other. It's a tough day today for us. But I have a big match tomorrow to look forward to and a chance to reach a first World Series Final,\u201d Marwan, <a href=\"https:\/\/www.facebook.com\/shorbagysquash\/videos\/vb.219299764851067\/1219878761459824\/?type=3&theater\">who was visibly very emotional after the match<\/a>, said (runtime 01:01).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649487\" 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=\"649487\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/shoukry-meets-with-mcmaster\/\">\r\n                            Shoukry meets with McMaster                        <\/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\/03\/01\/shoukry-meets-with-mcmaster\/\" 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\/03\/01\/shoukry-meets-with-mcmaster\/')\">\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\/03\/01\/shoukry-meets-with-mcmaster\/\">\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=Shoukry meets with McMaster&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/shoukry-meets-with-mcmaster\/\">\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\/03\/01\/shoukry-meets-with-mcmaster\/&title=Shoukry meets with McMaster\">\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=Shoukry+meets+with+McMaster+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fshoukry-meets-with-mcmaster%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\/03\/01\/shoukry-meets-with-mcmaster\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649487\" class=\"content-area-description single-story post-649487 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 Affairs Minister Sameh Shoukry met with US National Security <\/strong><strong>Advisor H.R. McMaster yesterday in DC<\/strong>, according to a ministry <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1391305244274751\">statement<\/a>. Shoukry reviewed economic and political developments in Egypt and the region.<\/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=\"649491\" 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=\"649491\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/\">\r\n                            Government begins reviewing tender offers for the 2022-2027 plan Hamrawein coal power plant                        <\/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\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/\" 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\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/')\">\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\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/\">\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=Government begins reviewing tender offers for the 2022-2027 plan Hamrawein coal power plant&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/\">\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\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/&title=Government begins reviewing tender offers for the 2022-2027 plan Hamrawein coal power plant\">\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=Government+begins+reviewing+tender+offers+for+the+2022-2027+plan+Hamrawein+coal+power+plant+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fgovernment-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant%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\/03\/01\/government-begins-reviewing-tender-offers-for-the-2022-2027-plan-hamrawein-coal-power-plant\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649491\" class=\"content-area-description single-story post-649491 post type-post status-publish format-standard hentry category-energy tag-energy tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The government is reviewing tender offers for the 6 GW USD 8 bn Hamrawein \u201cclean coal\u201d power station, <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/984956\">Al Borsa reports<\/a>. The Egyptian Electricity Transmission Company has hired Belgium\u2019s Tractebel Engineering Consultancy to review seven offers from international companies that include Shanghai Electric, a consortium made up of Elsewedy Electric and Marubeni, a APEC - Orascom consortium, and Mitsubishi - Hitachi. The plant had been postponed, among a few other projects to the 2022-2027 electrical power development plan.<\/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=\"649492\" 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=\"649492\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/\">\r\n                            GASC launches wheat tender on Tuesday                        <\/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\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/\" 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\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/')\">\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\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/\">\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=GASC launches wheat tender on Tuesday&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/\">\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\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/&title=GASC launches wheat tender on Tuesday\">\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=GASC+launches+wheat+tender+on+Tuesday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fgasc-launches-wheat-tender-on-tuesday%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\/03\/01\/gasc-launches-wheat-tender-on-tuesday\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649492\" class=\"content-area-description single-story post-649492 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>GASC launched a wheat tender on Tuesday for 60K tonnes of wheat for delivery on 1-10 April, <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1GD4XC\">Reuters<\/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\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649493\" 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=\"649493\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/\">\r\n                            Paperwork forming new company for SME factory bailout fund finalized                        <\/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\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/\" 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\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/')\">\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\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/\">\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=Paperwork forming new company for SME factory bailout fund finalized&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/\">\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\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/&title=Paperwork forming new company for SME factory bailout fund finalized\">\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=Paperwork+forming+new+company+for+SME+factory+bailout+fund+finalized+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fpaperwork-forming-new-company-for-sme-factory-bailout-fund-finalized%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\/03\/01\/paperwork-forming-new-company-for-sme-factory-bailout-fund-finalized\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649493\" class=\"content-area-description single-story post-649493 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>State-owned Ayady, the Tahya Misr Fund, and the National Investment Bank and BPE Partners have finalized paperwork for establishing the EGP 150 mn Union Capital, which will manage a bailout fund for distressed SME factories, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=28022017&id=0929d163-5056-4bf0-993e-624674cf076c\">Al Shorouk says<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649494\" 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=\"649494\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/\">\r\n                            Two cases of bird flu infections reported in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Two cases of bird flu infections reported in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/&title=Two cases of bird flu infections reported in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Two+cases+of+bird+flu+infections+reported+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Ftwo-cases-of-bird-flu-infections-reported-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/two-cases-of-bird-flu-infections-reported-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649494\" class=\"content-area-description single-story post-649494 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>Two cases of H5N1 avian influenza (that\u2019s bird flu to you and me) in Egypt were reported by the UN\u2019s Food and Agriculture Organization (FAO) on Monday, <a href=\"http:\/\/outbreaknewstoday.com\/two-human-h5n1-avian-influenza-cases-reported-egypt-58274\/\">Outbreak News Today<\/a> reports. The first case was in Minya, while the second and fatal case was in Fayum.<\/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=\"649495\" 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=\"649495\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/tda-forces-companies-to-make-overdue-payments-at-post-float-exchange-rates\/\">\r\n                            TDA forces companies to make overdue payments at post-float exchange rates                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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overdue payments at post-float exchange rates\">\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=TDA+forces+companies+to+make+overdue+payments+at+post-float+exchange+rates+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Ftda-forces-companies-to-make-overdue-payments-at-post-float-exchange-rates%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\/03\/01\/tda-forces-companies-to-make-overdue-payments-at-post-float-exchange-rates\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649495\" class=\"content-area-description single-story post-649495 post type-post status-publish format-standard hentry category-tourism tag-enterpriseam tag-tourism wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Tourism Development Authority (TDA) will not be setting a fixed exchange rate for tourism industry companies with overdue mortgage payments, bills and fees, saying they must pay the piper and use the post-float USD exchange rates to calculate their dues in EGP terms, TDA boss Serag El Din Saad <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/985121\">tells Al Borsa<\/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\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649496\" 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=\"649496\">\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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\">\r\n                            Banks allowed to recognize profit in capital after audit, without need for other approvals                        <\/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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\" 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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/')\">\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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            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<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=Banks+allowed+to+recognize+profit+in+capital+after+audit%2C+without+need+for+other+approvals+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fbanks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals%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\/03\/01\/banks-allowed-to-recognize-profit-in-capital-after-audit-without-need-for-other-approvals\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649496\" class=\"content-area-description single-story post-649496 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The central bank has issued a directive allowing banks to factor interim profits as part of their capital base for capital adequacy purposes, according to <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/28\/984931\">Al Borsa<\/a>. The laws previously allowed banks to include final profits recognized after annual general meetings.<\/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=\"649498\" 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=\"649498\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/m2-money-supply-up-41-51-y-o-y\/\">\r\n                            M2 money supply up 41.51% y-o-y                        <\/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\/03\/01\/m2-money-supply-up-41-51-y-o-y\/\" 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\/03\/01\/m2-money-supply-up-41-51-y-o-y\/')\">\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\/03\/01\/m2-money-supply-up-41-51-y-o-y\/\">\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=M2 money supply up 41.51% y-o-y&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/m2-money-supply-up-41-51-y-o-y\/\">\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\/03\/01\/m2-money-supply-up-41-51-y-o-y\/&title=M2 money supply up 41.51% y-o-y\">\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=M2+money+supply+up+41.51%25+y-o-y+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fm2-money-supply-up-41-51-y-o-y%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\/03\/01\/m2-money-supply-up-41-51-y-o-y\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649498\" class=\"content-area-description single-story post-649498 post type-post status-publish format-standard hentry category-egypt-politics-economics tag-egypt-politics-economics tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>M2 money supply increased by 41.51% y-o-y by the end of January, according to CBE data, as per <a href=\"http:\/\/in.reuters.com\/article\/egypt-cenbank-moneysupply-idINC6N1CQ00U\">Reuters<\/a>. M2 money supply stood at EGP 2.7 tn at July\u2019s end.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-politics-economics\/\">Egypt Politics + Economics<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649500\" 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=\"649500\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/\">\r\n                            Egypt receives praise from 3RP for handling of Syrian refugees                        <\/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\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/\" 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\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/')\">\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\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt receives praise from 3RP for handling of Syrian refugees&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/\">\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\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/&title=Egypt receives praise from 3RP for handling of Syrian refugees\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+receives+praise+from+3RP+for+handling+of+Syrian+refugees+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F01%2Fegypt-receives-praise-from-3rp-for-handling-of-syrian-refugees%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\/03\/01\/egypt-receives-praise-from-3rp-for-handling-of-syrian-refugees\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649500\" class=\"content-area-description single-story post-649500 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>Egypt\u2019s policies towards Syrian refugees within its borders has been hailed as a model of <\/strong><strong>social inclusiveness <\/strong><a href=\"http:\/\/reliefweb.int\/sites\/reliefweb.int\/files\/resources\/Egypt3RPRegionalRefugee%26ResiliencePlan2017-2018.pdf\">in a report (pdf)<\/a> by the Regional Refugee and Resilience Plan (3RP) \u2014 a global organization which attempts to coordinate responses to the Syrian refugee crisis. The report notes the absence of the refugee camps and describes the country\u2019s policy of allowing 117,350 Syrian asylum-seekers and refugees (including 50,697 children) access to public healthcare and education as a hopeful alternative.<\/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=\"649501\" 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=\"649501\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/by-the-numbers-82\/\">\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\/03\/01\/by-the-numbers-82\/\" 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\/03\/01\/by-the-numbers-82\/')\">\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\/03\/01\/by-the-numbers-82\/\">\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\/03\/01\/by-the-numbers-82\/\">\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\/03\/01\/by-the-numbers-82\/&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%2F03%2F01%2Fby-the-numbers-82%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\/03\/01\/by-the-numbers-82\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649501\" class=\"content-area-description single-story post-649501 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 15.7679 | Sell 15.8706<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 15.7 | Sell 15.8<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 15.7 | Sell 15.75<\/p>\n<p><strong>EGX30<\/strong> (Tuesday): 11,938 (-0.7%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.2 bn (177% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: -3.3%<\/p>\n<p><strong>THE MARKET ON TUESDAY:<\/strong> The EGX30 ended Tuesday\u2019s session down 0.7%. CIB, the index heaviest constituent inched down 0.3%. The EGX30\u2019s top performing constituents were: Cairo Oils and Soap up 5.4%, Madinet Nasr Housing up 2.0%, and Elsewedy Electric ended almost flat. Yesterday\u2019s worst performing stocks included Egyptian Iron and Steel down 7.9%, Telecom Egypt down 6.1%, and Arab Cotton Ginning down 5.9%. The market turnover was EGP1.2 billion, and local investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Short | EGP - 8.5 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP - 79.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Long | EGP + 87.9 mn<\/p>\n<p><strong>Retail<\/strong>: 49.9% of total trades | 54.3% of buyers | 45.5% of sellers<br \/>\n <strong>Institutions<\/strong>: 50.1% of total trades | 45.7% of buyers | 54.5% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 23.8% of total | 23.4% of buyers | 24.1% of sellers<br \/>\n <strong>Regional:<\/strong> 19.1% of total | 15.8% of buyers | 22.4% of sellers<br \/>\n <strong>Domestic:<\/strong> 57.1% of total | 60.8% of buyers | 53.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 53.92 (-0.17%)<br \/>\n <strong>Brent:<\/strong> USD 55.59 (-0.61%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.76 MMBtu, (-0.47%, April 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,246.10 \/ troy ounce (-0.62%)<\/p>\n<p><strong>TASI:<\/strong> 6,972.4 (0.0%) (YTD: -3.3%)<br \/>\n <strong>ADX:<\/strong> 4,552.1 (-1.7%) (YTD: +0.1%)<br \/>\n <strong>DFM:<\/strong> 3,630.3 (-0.1%) (YTD: +2.8%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 424.0 (-0.2%) (YTD: +11.6%)<br \/>\n <strong>QE:<\/strong> 10,702.1 (-2.2%) (YTD: +2.5%)<br \/>\n <strong>MSM:<\/strong> 5,780.0 (-0.7%) (YTD: 0.0%)<br \/>\n <strong>BB: <\/strong>1,349.7 (0.0%) (YTD: +10.6%)<\/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=\"649502\" 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\/03\/01\/649502\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649502\" class=\"content-area-description single-story post-649502 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>23 February - 16 March (Thursday-Thursday): Glimpses of Upper Egypt <a href=\"http:\/\/www.ansamed.info\/ansamed\/en\/news\/sections\/culture\/2017\/02\/20\/glimpses-of-upper-egypt-show-at-accademia-egitto_26b89d3e-33aa-4647-bd6e-3c4b362b4324.html?idPhoto=1\">exhibition<\/a> at <a href=\"http:\/\/ar.accademiaegitto.org\/\">Accademia d\u2019Egitto<\/a> in Rome.<\/p>\n<p>02-03 March (Thursday-Friday): German Chancellor Angela Merkel\u2019s <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/258631\/Egypt\/Politics-\/German-parliamentary-delegation-meet-with-Egypts-s.aspx\">visit<\/a> to Egypt.<\/p>\n<p>06-08 March (Monday-Wednesday): 13th <a href=\"https:\/\/oneonone2017.efghermes.com\/pages\/home.aspx\">EFG Hermes One on One Conference<\/a>, Dubai, United Arab Emirates.<\/p>\n<p>08 March (Wednesday): <a href=\"https:\/\/microfinance.iqpc.ae\/?utm_source=conferencealerts&utm_medium=portal&utm_campaign=24796.003-external-diarylisting&utm_term=homepage&utm_content=text&mac=24796.003_confal_dl&disc=24796.003_confal_dl\">Microfinance forum<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>09-11 March (Thursday-Saturday): <a href=\"http:\/\/www.egypt-projects.com\/\">Egypt Projects Summit<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>14-15 March (Tuesday-Wednesday): The third <a href=\"http:\/\/buildersofegypt.com\/\">Builders of Egypt conference<\/a>, Ritz Carlton Hotel, Cairo.<\/p>\n<p>15 March (Wednesday): Arab Women Organization\u2019s event: Investing in refugee women, UN General Assembly Building, New York City.<\/p>\n<p>18-19 March (Saturday-Sunday): Delegation of Japanese food industries companies visits Egypt.<\/p>\n<p>29-30 March (Wednesday-Thursday): <a href=\"http:\/\/www.cityscapeegypt.com\/conference-zone#overview\">Cityscape Egypt Conference<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>29-31 March (Wednesday-Friday): <a href=\"http:\/\/mthc.alexu.edu.eg\/\">Balanced Development of Siwa Oasis International Tourism Conference<\/a>, Siwa Oasis.<\/p>\n<p>30 March (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>31 March - 03 April (Friday-Monday): <a href=\"http:\/\/www.cityscapeegypt.com\/\">Cityscape Egypt Exhibition<\/a>, Cairo International Convention Center, Cairo. <a href=\"http:\/\/www.cityscapeegypt.com\/forms\/conference-delegate-bookings\">Register here<\/a>.<\/p>\n<p>03-06 April (Monday-Thursday): <a href=\"http:\/\/agrofood-africa.com\/\">Agri & Foodex Africa<\/a>, Khartoum International Fair Ground, Khartoum, Sudan.<\/p>\n<p>08-10 April (Saturday-Monday): <a href=\"http:\/\/www.pharmaconex-exhibition.com\/\">Pharmaconex<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>16 April (Sunday): Coptic Easter Sunday.<\/p>\n<p>17 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>20 April (Thursday): Closing date for the <a href=\"http:\/\/emra.gov.eg\/UI\/Lang1\/TDIDataShow.aspx?ID=60\">Egyptian Mineral Resources Authority bid round number 1 for 2017<\/a> for gold and associated minerals.<\/p>\n<p>24-25 April (Monday-Tuesday): Renaissance Capital\u2019s Egypt Investor Conference, Cape Town, South Africa.<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day, national holiday.<\/p>\n<p>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>08-09 May (Monday-Tuesday): Third <a href=\"http:\/\/egyptcsrforum.com\/\">Egypt CSR Forum<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>16 May (Tuesday): Official expiry date for the decision to suspend capital gains taxes on stock market transactions.<\/p>\n<p>22-23 May (Monday-Tuesday): <a href=\"https:\/\/northafricamno.iqpc.ae\/?utm_source=email&utm_medium=internalemail&utm_campaign=28261.001+-+EM.5+-+Content+Primary+-+The+Spread+of+4G+report&utm_term=Homepage&utm_content=TEXT&mac=1-29536932645&disc=\">North Africa Mobile Network Optimisation Conference<\/a>, Cairo.<\/p>\n<p>27 May (Saturday): First day of Ramadan (TBC).<\/p>\n<p>26-28 June (Monday-Wednesday): Eid Al-Fitr (TBC).<\/p>\n<p>30 June (Friday): 30 June, national holiday.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/p>\n<p>17-19 September (Sunday-Tuesday): Pipeline-Pipe-Sewer-Technology <a href=\"https:\/\/www.pipelinepipesewer.com\/\">Conference & Exhibition<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>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":649457,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649456","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7d075dc9-7338-44c1-a7cf-fb997d33322f","teaser":"","photo_url":"https:\/\/ent.news\/2017\/3\/387.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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