{"id":649810,"date":"2017-03-09T04:20:38","date_gmt":"2017-03-09T04:20:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649810"},"modified":"2025-12-17T22:25:14","modified_gmt":"2025-12-17T22:25:14","slug":"balance-of-payment-surplus-of-usd-7-bn","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/balance-of-payment-surplus-of-usd-7-bn\/","title":{"rendered":"Balance of Payment surplus of USD 7 bn"},"content":{"rendered":"<section id=\"649812\" 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=\"649812\">\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\/09\/what-were-tracking-on-9-march-2018\/\">\r\n                            What we\u2019re tracking on 9 March 2018                        <\/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\/09\/what-were-tracking-on-9-march-2018\/\" 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\/09\/what-were-tracking-on-9-march-2018\/')\">\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\/09\/what-were-tracking-on-9-march-2018\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 9 March 2018&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/what-were-tracking-on-9-march-2018\/\">\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\/09\/what-were-tracking-on-9-march-2018\/&title=What we\u2019re tracking on 9 March 2018\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+9+March+2018+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fwhat-were-tracking-on-9-march-2018%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\/09\/what-were-tracking-on-9-march-2018\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649812\" class=\"content-area-description single-story post-649812 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>We\u2019ll be taking our value-added tax executive regulations sans salt this morning<\/strong>, as the Finance Ministry officially released them yesterday morning. They clarify key issues with the VAT, define sectors and industries, outline reductions and rebates, and set the status of contracts signed pre-VAT. We have more for you to peruse in the Speed Round.<\/p><p>It turns out that the expected <strong>World bank (WB) and the International Finance Corporation (IFC) will be sending a mission to Egypt to assess its position in the WB\u2019s Doing Business report, <\/strong>according to a statement from the Investment and International Cooperation Ministry. Minister Sahar Nasr is currently meeting with a delegation from the WB and the IFC in preparation for t<strong>he visit, which is set to take place<\/strong> <strong>next Sunday and Monday (12-13 March), <\/strong>Nasr said, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1099517\">Al Masry Al Youm<\/a>.<\/p><p>From all we\u2019ve heard, <strong>Dubai\u2019s <\/strong><a href=\"http:\/\/www.gulfood.com\/\"><strong>Gulfood<\/strong><\/a><strong> festival was a resounding success for Egypt as<\/strong> <strong>Egyptian food manufacturing companies signed export contracts worth over USD 200 mn<\/strong>, said Edita chairman Hani Berzi \u2014 who also chairs the Food Industries Export Council. He tells <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325339\">Al Mal<\/a>. Berzi expects the food sector\u2019s exports to increase 15% compared to last year \u2014 which reached USD 2.7 bn, according to the newspaper \u2014 buoyed by the competitiveness of Egyptian products and a weaker EGP. He adds that the council will focus primarily on African markets. Export council CEO Manar Nasr tells the newspaper that 131 companies participated in Gulfood and there are plans to increase that number by next year.<\/p><p>\u2026 <strong>The government should do more to help manufacturers and exporters compete against countries such as Turkey<\/strong>, <a href=\"http:\/\/www.sakrgroup.net\/news\/\">Sakr Group for Food Industries<\/a> chairman Ahmed Sakr, said. <a href=\"https:\/\/www.heromea.com\/\">Hero Middle East and Africa<\/a>\u2019s export manager Wessam Samir believes that Egypt\u2019s chances in the highly competitive market are good, considering the interest Hero\u2019s products have received at Gulfood. <a href=\"https:\/\/www.arma.com.eg\/en\/company\/company\/4\/page\/9\">Arma Food industries<\/a> export manager Hani Fouad called for trade agreements with West African countries. He noted that his company targets a 25% increase in its exports this year from USD 80 mn last year.<\/p><p><strong>Both the <\/strong><a href=\"https:\/\/www.fabexegy.com\/\"><strong>FABEX Middle East<\/strong><\/a><strong> 2017 and the second<\/strong><a href=\"https:\/\/www.egypt-projects.com\/\"><strong> Egypt Projects Summit<\/strong><\/a>will take place today at Cairo International Convention &amp; Exhibition Center and run through to the weekend.<\/p><p><strong>** We\u2019re off tomorrow:<\/strong> We are not publishing a Weekend Edition tomorrow as our families have complained we don\u2019t see them often enough. We\u2019ll be back at about 6:05am as usual on Sunday. Enjoy the weekend, folks!<\/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=\"649813\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div class=\"stk-block-carousel__content-wrapper\">\r\n                <div class=\"stk-row stk-inner-blocks stk-block-content stk-block-carousel__slider-wrapper stk-content-align stk-a38cfb2-column alignwide\">\r\n                <div 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src=\"https:\/\/ent.news\/internal\/27489.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Opening up a world of opportunity<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-mrp7r34\" data-v=\"4\" data-block-id=\"mrp7r34\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-mrp7r34-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-mrp7r34-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" 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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-5y8w2ea\" data-v=\"4\" data-block-id=\"5y8w2ea\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-5y8w2ea-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-5y8w2ea-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div class=\"stk-block-carousel__buttons\"><button class=\"stk-block-carousel__button stk-block-carousel__button__prev\" aria-label=\"Previous slide\"><svg aria-hidden=\"true\" focusable=\"false\" data-prefix=\"fas\" 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                <\/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\/09\/on-the-horizon-243\/\" 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\/09\/on-the-horizon-243\/')\">\n                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href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/on-the-horizon-243\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649814\" class=\"content-area-description single-story post-649814 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The House of Representatives will vote on the Contractor's Compensation Act in a plenary session on Monday 13 March<\/strong>. Contractors have been urging the state to <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/08\/990017\">hasten the bill<\/a> \u2014 which will compensate suppliers and contractors for FX losses incurred after the EGP float \u2014 since it was first proposed in December, claiming that the delay has been straining the sector, whose material costs have increased exponentially since November.<\/p>\n<p>Also on the legislative agenda next week: <strong>The House of Representatives\u2019 Manpower Committee will begin discussing the Labor Act on Monday, <\/strong><a href=\"http:\/\/www.alborsanews.com\/2017\/03\/08\/990205\">according to Al Borsa<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2016\/11\/23\/final-draft-of-the-labor-act-ready-to-be-discussed-by-cabinet-today\/\">The bill<\/a> is geared more towards securing workers\u2019 financial and social rights, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325478\">MPs tell Al Mal<\/a>, with clauses that preserve the eight-hour workday, will force private sector companies to institute an annual raise of at least 7%, and enshrine workers\u2019 right to strike. The legislation also establishes a National Wages Council that is expected to set new guidelines for pensions and minimum wage among other things. Workers are not happy claiming that the bill further restricts workers\u2019 rights to strike by revoking strike rights for workers in transport, pharma, and food industries.<br \/>\nThe House general assembly also<strong> plans to vote on the Natural Gas Act by the end of March.<\/strong><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649815\" 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=\"649815\">\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\/09\/lamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo\/\">\r\n                            Lamees launches her version of the View, gov\u2019t raises wheat prices for farmers; Adib cries shame at Egypt\u2019s booth in ITB expo                        <\/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\/09\/lamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo\/\" 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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Adib cries shame at Egypt\u2019s booth in ITB expo\">\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=Lamees+launches+her+version+of+the+View%2C+gov%E2%80%99t+raises+wheat+prices+for+farmers%3B+Adib+cries+shame+at+Egypt%E2%80%99s+booth+in+ITB+expo+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Flamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo%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\/09\/lamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649815\" class=\"content-area-description single-story post-649815 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>It was a fairly boring night for on the airwaves, as discussions were mainly centered around food prices, subsidies and the exchange rate.<\/p>\n<p><strong>Lamees El Hadidy was the only one to give a shout out to international women\u2019s day by kicking off her version of the View, Hona Al Settat,<\/strong> with an episode centered around domestic violence (<a href=\"https:\/\/www.youtube.com\/watch?v=h0tzr0uKoGc\">watch<\/a>, runtime 32:31).<\/p>\n<p><strong>Al Hayah Al Youm\u2019s Tamer Amin spoke to the Deputy Head of the Tax Authority Mohamed Abdel Sattar briefly about the recently-issued VAT executive regulations<\/strong> (<a href=\"https:\/\/www.youtube.com\/watch?v=FyyxKqSff1s\">watch<\/a>, runtime 4:21). He then discussed with cabinet spokesperson Ashraf Sultan about the government\u2019s decision to purchase wheat from farmers at EGP 575 per ardeb (up from EGP 420) and reduce the price of subsidized rice to EGP 6.5 per kilo (<a href=\"https:\/\/www.youtube.com\/watch?v=AjvrvOx3oBk\">watch<\/a>, runtime 5: 24).<\/p>\n<p><strong>Times are tough, so the new wheat prices will have to do<\/strong>, Farmers Union Head Roushdy Arnout told Yahduth fi Masr\u2019s<strong> Sherif Amer, <\/strong>explaining that farmers were hoping for a price closer to EGP 650 per ardeb.<\/p>\n<p><strong>Amer was also concerned with bread subsidies<\/strong> but then was reassured that \u201cthings are much calmer now\u201d by the head of the bakeries division at the Federation of Egyptian Industries (FEI), Abdullah Ghorab, who commended Supply Minister Ali El Moselhy for issuing some 100k smart subsidy cards on Wednesday.<\/p>\n<p><strong>The host then moved on to the USD exchange rate <\/strong>with the head of the FEI\u2019s importers division Osama Gaafar who said is likely to continue rising against the EGP to as much as EGP 19 per greenback as preparations for Ramadan peak.<\/p>\n<p><strong>Meanwhile on planet Kol Youm, Amr Adib <\/strong>took up his customary critical tone to take a stab at what he called Egypt\u2019s lackluster booth at the ITB Berlin expo and the proposal to hike Egypt\u2019s visa fees, which he said was driving potential tourists away (<a href=\"https:\/\/www.youtube.com\/watch?v=TiQ7bs9PB48\">watch<\/a>, runtime 1:52). Adib also compared different countries\u2019 displays at the expo, singing Turkey\u2019s praises for its extravagant setup. \u201cThis is what a country with problems does to attract new tourists,\u201d he bellowed (<a href=\"https:\/\/www.youtube.com\/watch?v=4jcXoYFMkQI\">watch<\/a>, runtime 10:12). <strong>Needless to say, he was not too impressed with the dancers swaying to the tunes of Boshret Kheir by the Egypt booth (<\/strong><a href=\"https:\/\/www.youtube.com\/watch?v=iNYp7mINd78\"><strong>watch<\/strong><\/a><strong>, runtime 2:17)<\/strong>.<\/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=\"649816\" 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=\"649816\">\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\/09\/finance-ministry-releases-vat-executive-regulations\/\">\r\n                            Finance Ministry releases VAT executive regulations                        <\/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\/09\/finance-ministry-releases-vat-executive-regulations\/\" 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\/09\/finance-ministry-releases-vat-executive-regulations\/')\">\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\/09\/finance-ministry-releases-vat-executive-regulations\/\">\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=Finance Ministry releases VAT executive regulations&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/finance-ministry-releases-vat-executive-regulations\/\">\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\/09\/finance-ministry-releases-vat-executive-regulations\/&title=Finance Ministry releases VAT executive regulations\">\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=Finance+Ministry+releases+VAT+executive+regulations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Ffinance-ministry-releases-vat-executive-regulations%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\/09\/finance-ministry-releases-vat-executive-regulations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649816\" class=\"content-area-description single-story post-649816 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Habemus VAT executive regulations: <\/strong>The Finance Ministry issued the executive regulations of the value-added tax (VAT) law yesterday. The ministry says the executive regulations clarified definitions, including, for example, contentious items like what \u201cprofessional services\u201d entail, and resolved ambiguity on exemptions and processes. It also explains the transition to VAT and exemptions, and outlines that VAT comes with a unified dispute resolution mechanism and clear procedures for appeal and the executive regulations consolidate reporting into just one tax filing. VAT tax evasion was also labeled a felony involving a breach of public trust that carries a five-year prison sentence and a EGP 50k fine. Deputy Finance Minister Amr El Monayer said the ministry will issue more guidance to add further clarification on how certain specific sectors will be treated under the VAT regime. <strong>Here are the key highlights from our reading of the Finance Ministry\u2019s release:<\/strong><\/p>\n<p><strong>You will get a tax refund if you paid VAT on goods and services that are exported regardless of the degree of processing<\/strong>. Also refunded are additional taxes paid as well as credit due to taxpayers that was retained for six or more periods. VAT is refunded on capital goods used in producing goods and services that are themselves subject to VAT as long as the initial VAT is not expensed. Overall, tax rebates will be processed in a maximum of 45 days, according to the executive regulations.<\/p>\n<p><strong>Contracts signed before implementing VAT for goods and services that were provided in a time period before and after implementing the VAT law<\/strong> have to be amended to include the VAT on the portion of the contract deliver after the law came into effect.<\/p>\n<p><strong>Taxpayers are also allowed to deduct VAT paid on production inputs.<\/strong> These deductions are also applicable to VAT-exempt tax agreements with other sectors including international organization, oil and gas and mining agreements, and for diplomatic missions as well, as long as the treatment is reciprocal.<\/p>\n<p><strong>Also outlined is how VAT is calculated for used goods, sales on installments, and bartering.<\/strong> For bartering the appropriate VAT rate is calculated based on the market price of the good or service being exchanged. For installments, the tax only takes into account the interest payments in excess of the CBE discount rate, anything less than that is VAT-exempt. Used goods being resold will have VAT applicable to only 30% of the resale\u2019s value.<\/p>\n<p><strong>Also on the VAT exemptions list:<\/strong><\/p>\n<ul type=\"disc\">\n<li>Financial transactions between subsidiaries and parent companies.<\/li>\n<li>Stock market transactions.<\/li>\n<li>Work done by companies\u2019 rep offices abroad.<\/li>\n<\/ul>\n<p><strong>Not required to register for VAT altogether along with business turning over less than EGP 500k a year:<\/strong><\/p>\n<ul type=\"disc\">\n<li>Producers and importers operating in activities that are not subject or exempt from VAT. <\/li>\n<li>Providers and products and services that are only bound by tax schedules. <\/li>\n<\/ul>\n<p><strong>Meanwhile, the Egyptian Tourism Federation is still urging the government to postpone imposing the VAT on the sector for one year <\/strong>until conditions improve, says <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/03\/08\/tourism-federation-submits-note-finance-ministry-postpone-vat\/\">Daily News Egypt<\/a>. The federation plans to submit a formal request to the Finance Ministry soon to explain how the tax could further strain the industry, sources said. No word yet on how lawyers, who have filed a lawsuit to shut down the law, have taken it.<\/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=\"649827\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649828\" 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=\"649828\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/\">\r\n                            Inji Efflatoun\u2019s \u201cContemplation\u201d: A psychologically charged work from a groundbreaking surrealist artist                        <\/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\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/\" 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\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/')\">\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\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/\">\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=Inji Efflatoun\u2019s \u201cContemplation\u201d: A psychologically charged work from a groundbreaking surrealist artist&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/\">\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\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/&title=Inji Efflatoun\u2019s \u201cContemplation\u201d: A psychologically charged work from a groundbreaking surrealist artist\">\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=Inji+Efflatoun%E2%80%99s+%E2%80%9CContemplation%E2%80%9D%3A+A+psychologically+charged+work+from+a+groundbreaking+surrealist+artist+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Finji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist%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\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1080.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649829\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/inji-efflatouns-contemplation-a-psychologically-charged-work-from-a-groundbreaking-surrealist-artist\/1080-jpg-14\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1080.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1080.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1080.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1080.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649828\" class=\"content-area-description single-story post-649828 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>Inji Efflatoun\u2019s legacy is equal parts artistic and political.<\/strong> Born in 1924 to an upper-class Egyptian family, she actively advocated for women\u2019s rights and subscribed to Communist ideologies that both fueled her groundbreaking painting style and landed her in prison under Gamal Abdel Nasser\u2019s rule. <a href=\"http:\/\/www.encyclopedia.mathaf.org.qa\/en\/bios\/Pages\/Inji-Efflatoun.aspx\">Inspired by<\/a> \u201cthe social reality of the people of the Egyptian working class,\u201d Efflatoun produced a number of \u201cexistentialist, psychologically charged\u201d works throughout her younger years as a surrealist artist. Above is one of Efflatoun\u2019s pieces, Contemplation (1940), which <a href=\"http:\/\/www.madamasr.com\/en\/2016\/11\/21\/feature\/culture\/whose-surrealism-on-when-art-becomes-liberty\/\">Mada Masr<\/a>\u2019s Ismail Fayed describes as \u201ca voluptuous ink-on-paper urbanscape overwhelming several mysterious figures.\u201d You can take a look at more of Efflatoun\u2019s work featured in the SafarKhan Art Gallery <a href=\"http:\/\/www.safarkhan.com\/Artist-details.aspx?artistID=213&type=current\">here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649830\" 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=\"649830\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/\">\r\n                            Bread protest tops international coverage on Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Bread protest tops international coverage on Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/&title=Bread protest tops international coverage on Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Bread+protest+tops+international+coverage+on+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fbread-protest-tops-international-coverage-on-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/bread-protest-tops-international-coverage-on-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649830\" class=\"content-area-description single-story post-649830 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>Still topping international coverage are the bread protests<\/strong> that broke out in Alexandria, Kafr El Sheikh, Minya, Assiut, Giza, and Fayoum on <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/protests-break-out-across-egypt-following-el-moselhys-cuts-to-bread-point-system\/\">Monday<\/a>. Tarek El Tablawy says the government defended the move in his piece for <a href=\"https:\/\/www.bloomberg.com\/politics\/articles\/2017-03-08\/egypt-defends-reduced-bread-subsidides-trying-to-avert-unreset\">Bloomberg<\/a>. Ruth Michaelson added more substance in <a href=\"https:\/\/www.theguardian.com\/world\/2017\/mar\/08\/egypt-protests-we-want-bread-subsidy-cut\">The Guardian<\/a> by noting that \u201cwhile the cuts are unlikely to have a dramatic affect [sic] on the bread rations of the average citizen, the suggestion struck a nerve among the Egyptian public,\u201d as TIMEP\u2019s Timothy Kaldas tells her the government\u2019s problem was one of communication; \u201cthe problem is that they offered no information and then left people to make their own conclusions.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649834\" 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=\"649834\">\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\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/\">\r\n                            Egypt\u2019s human rights violations are one of the major forces obstructing the flow of FDIs                        <\/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\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/\" 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\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/')\">\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\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/\">\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\u2019s human rights violations are one of the major forces obstructing the flow of FDIs&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/\">\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\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/&title=Egypt\u2019s human rights violations are one of the major forces obstructing the flow of FDIs\">\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%E2%80%99s+human+rights+violations+are+one+of+the+major+forces+obstructing+the+flow+of+FDIs+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fegypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis%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\/09\/egypts-human-rights-violations-are-one-of-the-major-forces-obstructing-the-flow-of-fdis\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649834\" class=\"content-area-description single-story post-649834 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Human rights violations in Egypt are one of the major forces obstructing the flow of foreign direct investments, <\/strong>lawyer Hafez Abu Seada writes in his latest <a href=\"http:\/\/www.elwatannews.com\/news\/details\/1933877\">column for El Watan<\/a>. Despite the improvements to the country\u2019s investment climate following recent reform measures and the International Monetary Fund\u2019s USD 12 bn facility, Egypt\u2019s human rights \u2014 which made the pages of reports published by the US State Department, Amnesty International, and the UNHCR \u2014 leads international firms and investors to think twice before bringing their money into the country, as they are bound by international human rights standards.<\/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=\"649835\" 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=\"649835\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/\">\r\n                            Zahi Hawass caught on camera storming out of academic debate over\u2026 a different opinion                        <\/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\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/\" 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\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/')\">\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\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/\">\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=Zahi Hawass caught on camera storming out of academic debate over\u2026 a different opinion&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/\">\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\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/&title=Zahi Hawass caught on camera storming out of academic debate over\u2026 a different opinion\">\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=Zahi+Hawass+caught+on+camera+storming+out+of+academic+debate+over%E2%80%A6+a+different+opinion+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fzahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion%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\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/774.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649836\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/zahi-hawass-caught-on-camera-storming-out-of-academic-debate-over-a-different-opinion\/774-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/774.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"774.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/774.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/774.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649835\" class=\"content-area-description single-story post-649835 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>No, Messi, you are not a moron. It\u2019s just Zahi. <\/strong>\u00a0The same man who insulted Argentine footballer Lionel Messi for seeming to show no interest in the great pyramids of Giza during a private tour last month was filmed in 2015 storming out of a scheduled debate session with historian Graham Hancock, who he threatened to bar from ever entering Egypt, over the mere mention of a theory that he fundamentally disagrees with (<a href=\"https:\/\/www.youtube.com\/watch?v=8Ziu2ygE_Wc\">watch<\/a>, runtime 2:42). Hawass leaves the room before the debate even begins, yelling at Hancock to \u201cgo away from me\u201d and attacking him for opening a discussion on an issue, which his royal tour-guidance says he definitively closed.<\/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=\"649837\" 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=\"649837\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\">\r\n                            Direct flights from Warsaw to Sharm in April                        <\/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\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\" 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\/09\/direct-flights-from-warsaw-to-sharm-in-april\/')\">\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\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\">\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=Direct flights from Warsaw to Sharm in April&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\">\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\/09\/direct-flights-from-warsaw-to-sharm-in-april\/&title=Direct flights from Warsaw to Sharm in April\">\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=Direct+flights+from+Warsaw+to+Sharm+in+April+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fdirect-flights-from-warsaw-to-sharm-in-april%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\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649837\" class=\"content-area-description single-story post-649837 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>Direct flights from Warsaw to Sharm El Sheikh, Hurghada, Gouna, Safaga, and Marsa Alam are set to begin at around April<\/strong>, said Egypt\u2019s ambassador to Poland Hussam El Qawish. Charter flights between Warsaw and Hurghada, Marsa Alam, and Safaga are also set to increase from four weekly flights to 12 in April, he added, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1099581\">Al Masry Al Youm<\/a>. He added that tourism has been seeing an uptick from Poland since January following a promotional campaign and the inauguration of charter flights from there. We should expect announcements on further trade cooperation as Trade and Industry Minister Tarek Kabil will head a delegation to Warsaw in the next few days, said El Qawish. On the diplomatic front, President Abdel Fattah El Sisi invited Polish President Andrzej Duda to visit Cairo sometime in the second half of 2017. His trip will be preceded by a visit from Foreign Affairs Minister Witold Waszczykowski, El Qawish said, without specifying a date.<\/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=\"649841\" 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=\"649841\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/\">\r\n                            Government to announce new waste-to-energy feed-in tariff by end of March                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Government to announce new waste-to-energy feed-in tariff by end of March&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/&title=Government to announce new waste-to-energy feed-in tariff by end of March\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Government+to+announce+new+waste-to-energy+feed-in+tariff+by+end+of+March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fgovernment-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/government-to-announce-new-waste-to-energy-feed-in-tariff-by-end-of-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649841\" class=\"content-area-description single-story post-649841 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 feed-in tariff for waste-to-energy projects is likely to rise to EGP 1.08-1.40 per kWh from EGP 0.92 per kWh and will be announced by the end of March, government officials tell <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/08\/990079\">Al Borsa<\/a>. Businesses had been hoping for a rate of EGP 1.10 per kWh, the same tariff recommended by the government committee tasked to study the issue, which was meant to submit its report <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/21\/government-to-receive-new-waste-to-energy-tariffs-by-end-of-december\/\">by the end of last December<\/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\/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=\"649842\" 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=\"649842\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">11<\/div>\r\n\r\n                    <p class=\"f-graphik\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/\">\r\n                            Egyptian Competition Authority refers seven medical equipment suppliers to prosecution                        <\/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\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/\" 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\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/')\">\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\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egyptian Competition Authority refers seven medical equipment suppliers to prosecution&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/\">\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\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/&title=Egyptian Competition Authority refers seven medical equipment suppliers to prosecution\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egyptian+Competition+Authority+refers+seven+medical+equipment+suppliers+to+prosecution+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fegyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution%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\/09\/egyptian-competition-authority-refers-seven-medical-equipment-suppliers-to-prosecution\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649842\" class=\"content-area-description single-story post-649842 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Competition Authority (ECA) referred seven medical equipment suppliers, including Temco Technology and Ghalioungui, to the Prosecutor General for conspiring to fix prices on public hospital tenders, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325385\">Al Mal<\/a> reports. The ECA\u2019s yearlong investigation concluded that the companies conspired between to present the same bids in tenders to supply public hospitals over a two-year period between 2013 and 2015, which not only drove up prices of equipment, but also took advantage of loopholes in the Tenders and Auctions Act which allows the government to distribute orders equally among companies which present the same bids. The ECA alleges that this led to shortages in medical supplies at public hospitals due to high prices.<\/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=\"649843\" 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=\"649843\">\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\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/\">\r\n                            Yehia Rashed promotes Holy Family Route at ITB Berlin, meets with Bundestag\u2019s budget committee chairman                        <\/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\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/\" 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\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/')\">\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\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/\">\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=Yehia Rashed promotes Holy Family Route at ITB Berlin, meets with Bundestag\u2019s budget committee chairman&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/\">\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\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/&title=Yehia Rashed promotes Holy Family Route at ITB Berlin, meets with Bundestag\u2019s budget committee chairman\">\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=Yehia+Rashed+promotes+Holy+Family+Route+at+ITB+Berlin%2C+meets+with+Bundestag%E2%80%99s+budget+committee+chairman+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fyehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman%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\/09\/yehia-rashed-promotes-holy-family-route-at-itb-berlin-meets-with-bundestags-budget-committee-chairman\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649843\" class=\"content-area-description single-story post-649843 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>Tourism Minister Yehia Rashed discussed Egypt\u2019s efforts to revive tourism, including a project to track the <a href=\"http:\/\/www.touregypt.net\/holyfamily.htm\">route Jesus, Mary, and Joseph took during their journey from Palestine to Egypt<\/a>, at the ITB travel trade show in Berlin, according to an emailed statement. The minister said that promoting eco-tourism in Egypt is also at the top of the ministry\u2019s list of priorities during the coming period. Rashed also met with the chairman of the Bundestag\u2019s budget committee yesterday, during which the two discussed the possibility of Germany providing funding for an Egyptian museum, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325471\">Al Mal<\/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\/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=\"649844\" 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=\"649844\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/\">\r\n                            Banks to notify CBE before sourcing foreign currency to gov\u2019t entities                        <\/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\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/\" 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\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/')\">\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\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/\">\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=Banks to notify CBE before sourcing foreign currency to gov\u2019t entities&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/\">\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\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/&title=Banks to notify CBE before sourcing foreign currency to gov\u2019t entities\">\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=Banks+to+notify+CBE+before+sourcing+foreign+currency+to+gov%E2%80%99t+entities+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fbanks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities%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\/09\/banks-to-notify-cbe-before-sourcing-foreign-currency-to-govt-entities\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649844\" class=\"content-area-description single-story post-649844 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 sent a directive to all banks requiring them to notify it every time they are tasked with sourcing foreign currency to any government entity or their suppliers. The central bank says this directive follows a decision by Prime Minister Sherif Ismail.<\/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=\"649845\" 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=\"649845\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\">\r\n                            MIlitary Production Ministry announces pipeline of healthcare, manufacturing projects                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=MIlitary Production Ministry announces pipeline of healthcare, manufacturing projects&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/&title=MIlitary Production Ministry announces pipeline of healthcare, manufacturing projects\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=MIlitary+Production+Ministry+announces+pipeline+of+healthcare%2C+manufacturing+projects+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fmilitary-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649845\" class=\"content-area-description single-story post-649845 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Military Production Ministry is looking to export goods (both military and civilian) to African states and plans to partner with companies in those countries, Military Production Minister Mohammed Al Assar said at a meeting with ambassadors, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325231\">Al Mal<\/a> reports. On the sidelines of the meeting, the ministry also announced that the signing of a cooperation agreement with Emirati company Al Etihad to establish a polythene and polypropylene pipes manufacturing plant, according to <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/07\/989509\">Al Borsa<\/a>. He did not disclose the investment value. The ministry is also establishing an artificial turf manufacturing plant in cooperation with an unnamed German company. The ministry is also making moves in the healthcare industry, announcing two projects in the health sector worth USD 115 mn. The first, a USD 100 mn oncology meds factory, will be in partnership with Pharco Pharma. The ministry is also partnering with an unnamed Chinese company to develop a safe syringes factory. The ministry made sure to note that it is not involved in manufacturing infant formula, which is the purview of the Defense Ministry Health exports will not include baby formula, as the Ministry only produces health equipment, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325258\">Al Mal<\/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\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649846\" 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=\"649846\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/\">\r\n                            Egypt to open the first public free zone in two months\u2019 time -Khodeir                        <\/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\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/\" 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\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/')\">\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\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/\">\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 to open the first public free zone in two months\u2019 time -Khodeir&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/\">\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\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/&title=Egypt to open the first public free zone in two months\u2019 time -Khodeir\">\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+to+open+the+first+public+free+zone+in+two+months%E2%80%99+time+-Khodeir+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fegypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir%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\/09\/egypt-to-open-the-first-public-free-zone-in-two-months-time-khodeir\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649846\" class=\"content-area-description single-story post-649846 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>Egypt plans to launch the first public free trade zone in two months\u2019 time, General Authority for Free Zones and Investments (GAFI) chief Mohamed Khodeir <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/08\/990216\">tells Al Borsa<\/a>. The authority has yet to decide on a location, but is reportedly considering setting up shop in Upper Egypt. Many businesses and investors were concerned by the fact that the new Investment Act \u2014 which is expected to come into effect by the <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/06\/what-were-tracking-on-06-march-2017\/\">end of March<\/a> \u2014 <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/02\/govt-approves-investment-law-draft\/\">doesn't bring back private free trade areas<\/a>. Khodeir reassured members of the Egyptian Credit Association <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/08\/990243\">on Wednesday<\/a> that there are \u201calternative investment schemes\u201d to the private zones \u201cthat offer even greater incentives.<\/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=\"649847\" 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=\"649847\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/\">\r\n                            Google celebrates Lotfia El Nadi, Egypt\u2019s first female pilot                        <\/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\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/\" 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\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/')\">\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\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/\">\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=Google celebrates Lotfia El Nadi, Egypt\u2019s first female pilot&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/\">\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\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/&title=Google celebrates Lotfia El Nadi, Egypt\u2019s first female pilot\">\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=Google+celebrates+Lotfia+El+Nadi%2C+Egypt%E2%80%99s+first+female+pilot+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F09%2Fgoogle-celebrates-lotfia-el-nadi-egypts-first-female-pilot%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\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1281.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649848\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/google-celebrates-lotfia-el-nadi-egypts-first-female-pilot\/1281-jpg-13\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1281.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1281.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1281.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1281.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649847\" class=\"content-area-description single-story post-649847 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Celebrating International Women\u2019s Day<\/strong>, Google looked back at some of its older doodles celebrating female pioneers who paved the way to where we are today. The <a href=\"https:\/\/www.google.com\/doodles\/international-womens-day-2017\">doodle is a slideshow<\/a> featuring \u201ca little girl whose grandmother tells her the best bedtime story ever: the tale of her favorite historical heroine. The little girl then visits 13 remarkable women in her imagination, taking us along on a journey that spans centuries and circles the globe.\u201d <strong>We took immense pride in seeing <\/strong><a href=\"https:\/\/www.google.com\/doodles\/lotfia-el-nadis-107th-birthday\"><strong>Lotfia El Nadi\u2019s doodle from 2014<\/strong><\/a><strong> there, <\/strong>especially after seeing Nevin Darwish <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/an-egyptian-is-the-first-arab-woman-to-fly-the-airbus-a380\/\">fly the Airbus A380 aircraft<\/a>. El Nadi was the first ever female pilot in Egypt, Africa, and the Arab world in 1933 to fly a plane from Cairo to Alexandria \u2014 an incredible distance at the time, and an even greater distance in the journey toward equality. El Nadi also worked for women\u2019s equality and was a \u201cliving proof that women could do and be anything, if they only dared to dream,\u201d as Google describes her. \u201cI learned to fly because I love to be free,\u201d she said. You can see <a href=\"https:\/\/upload.wikimedia.org\/wikipedia\/commons\/3\/39\/Lotfia_elnady_in_plane.jpg\">a real picture of El Nadi here<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649851\" 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=\"649851\">\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\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/by-the-numbers-88\/\">\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\/09\/by-the-numbers-88\/\" 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\/09\/by-the-numbers-88\/')\">\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\/09\/by-the-numbers-88\/\">\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\/09\/by-the-numbers-88\/\">\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\/09\/by-the-numbers-88\/&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%2F09%2Fby-the-numbers-88%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\/09\/by-the-numbers-88\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649851\" class=\"content-area-description single-story post-649851 post type-post status-publish format-standard hentry category-the-markets-yesterday tag-enterpriseam tag-the-markets-yesterday wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>EGP \/ USD CBE market average: <\/strong>Buy 17.7521 | Sell 17.6435<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.6 | Sell 17.7<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.55 | Sell 17.65<\/p>\n<p><strong>EGX30<\/strong> (Wednesday): 12,735 (+0.5%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.1 bn (149% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +3.2%<\/p>\n<p><strong>THE MARKET ON WEDNESDAY:<\/strong> The EGX30 ended Wednesday\u2019s session up 0.5%. CIB, the index heaviest constituent declined by 0.5%. The EGX30\u2019s top performing constituents were: Egyptian Iron and Steel up 8.7%, Domty up 6.8%, and Ezz Steel up 5.0%. Yesterday\u2019s worst performing stocks included Emaar Misr down 1.8%, Cairo Oils and Soap down 1.8%, and Sodic down 1.7%. The market turnover was EGP1.1 billion, and foreign investors were the sole net buyers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP + 34.6 mn<br \/>\n <strong>Regional<\/strong>: Net Short | EGP - 5.6 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP - 29.0 mn<\/p>\n<p><strong>Retail<\/strong>: 70.8% of total trades | 65.3% of buyers | 76.3% of sellers<br \/>\n <strong>Institutions<\/strong>: 29.2% of total trades | 34.7% of buyers | 23.7% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 15.4% of total | 17.0% of buyers | 13.8% of sellers<br \/>\n <strong>Regional:<\/strong> 10.4% of total | 10.2% of buyers | 10.7% of sellers<br \/>\n <strong>Domestic:<\/strong> 74.2% of total | 72.8% of buyers | 75.5% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 51.12 (-3.80%)<br \/>\n <strong>Brent:<\/strong> USD 53.96 (-3.51%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 2.95 MMBtu, (+4.36%, April 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,209.60 \/ troy ounce (-0.53%)<br\n<strong>TASI:<\/strong> 6,970.8 (-0.3%) (YTD: -3.3%)<br \/>\n <strong>ADX:<\/strong> 4,590.8 (0.0%) (YTD: +1.0%)<br \/>\n <strong>DFM:<\/strong> 3,530.6 (+0.8%) (YTD: 0.0%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 421.1 (0.0%) (YTD: +10.8%)<br \/>\n <strong>QE:<\/strong> 10,361.5 (-0.5%) (YTD: -0.7%)<br \/>\n <strong>MSM:<\/strong> 5,801.3 (+0.1%) (YTD: +0.3%)<br \/>\n <strong>BB: <\/strong>1,336.5 (+0.3%) (YTD: +9.5%)<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649852\" 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\/09\/649852\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649852\" class=\"content-area-description single-story post-649852 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>08-12 March (Wednesday-Sunday): 2017 ITB Berlin, CityCube Berlin, Germany.<\/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>04 April (Tuesday): Emirates NBD Egypt PMI reading for March announced. The report will be available <a href=\"https:\/\/www.markiteconomics.com\/Public\/Release\/PressReleases?language=en\">here<\/a>.<\/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>20-23 September (Wednesday-Saturday): 2017 Automech Formula car expo, Cairo International Convention Center, Nasr City, Cairo<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>01 December (Friday): Prophet\u2019s Birthday, national holiday.<\/p>\n<p>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":649811,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649810","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"77f27679-fd51-41b6-90ec-122770b7e958","teaser":"","photo_url":"https:\/\/ent.news\/2015\/9\/166.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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