{"id":649861,"date":"2017-03-12T04:13:43","date_gmt":"2017-03-12T04:13:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649861"},"modified":"2025-12-17T22:27:46","modified_gmt":"2025-12-17T22:27:46","slug":"inflation-is-cooling-month-on-month","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/inflation-is-cooling-month-on-month\/","title":{"rendered":"Inflation is cooling month-on-month"},"content":{"rendered":"<section id=\"649863\" 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=\"649863\">\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\/12\/what-were-tracking-on-12-march-2017\/\">\r\n                            What we\u2019re tracking on 12 March 2017                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What we\u2019re tracking on 12 March 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/&title=What we\u2019re tracking on 12 March 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+we%E2%80%99re+tracking+on+12+March+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fwhat-were-tracking-on-12-march-2017%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-on-12-march-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649863\" class=\"content-area-description single-story post-649863 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>Good morning from Cairo<\/strong>, where we\u2019re happy this morning to mark both our return home from Dubai, where we attended the EFG Hermes One on One, and our 600th weekday edition of Enterprise.<\/p><p><strong>The best news we\u2019ve read in ages: Month-on-month inflation is cooling<\/strong>, a key indicator we suggested last month that you folks look for. We have chapter-and-verse in Speed Round, below.<\/p><p><strong>Random observation from the road: China loves Egypt. <\/strong>We <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/20\/is-the-tourism-industry-returning-to-growth\/\">reported in February<\/a> that volumes to Egypt were up 58% last year over 2015, a development that came after Beijing named Egypt a preferred market. Well, it\u2019s very real: Emirates Airlines was running full DXB-CAI return flights both days we were in the air, almost entirely thanks to hundreds of middle-aged and older Chinese tourists heading to Omm El Donia on package tours. Others flying EgyptAir to the One on One also reported heavy volumes of Chinese holidaymakers.<\/p><p><strong>Finance Minister Amr El Garhy has been meeting with a team from the International <\/strong><strong>Monetary Fund in London<\/strong> over the weekend to discuss the government\u2019s progress on economic reforms. The sit-down comes ahead of a scheduled visit by an IMF delegation in April to review progress on the reforms to which we\u2019ve committed before the fund disburses the second tranche of the USD 12 bn bailout package. El Garhy tells <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN16G2VK?sp=true\">Reuters\u2019 Arabic<\/a> service that he is also meeting with London investment banks to promote investing in Egyptian paper.<\/p><p><strong>El Garhy added that he will present the FY2017-18 budget to the cabinet economic<\/strong><strong>group sometime this month<\/strong>. El Garhy had previously said the IMF delegation had postponed its visit to April from March to allow the Finance Ministry to iron out its budget for the next fiscal year. Policy watchers will scour the budget looking for signs that the reform program is moving forward. Last week, a bid by Supply Minister Ali El Moselhy to reform a small facet of the bread subsidy program was reversed after <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/protests-break-out-across-egypt-following-el-moselhys-cuts-to-bread-point-system\/\">protests erupted<\/a> in multiple governorates. On the flipside, sources from the Electricity Ministry have been <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=11032017&amp;id=3406f453-0dfe-4a9d-9d50-c760ace64d1b\">telling the local press<\/a> that there is no turning back from raising electricity prices in July.<\/p><p>Meanwhile, Prime Minister Sherif Ismail said that <strong>spending will break EGP 1.1 tn in the<\/strong><strong>new budget year<\/strong>,up from EGP 975 bn in FY2016-17, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325758\">Al Mal<\/a>. <strong>GDP is anticipated to come in at EGP 4 tn, <\/strong>Ismail said. Deputy Finance Minister Mohamed Maait had said last week that budget spending will rise in part because the Finance Ministry is looking to make good on the government\u2019s constitutionally mandated minimum spending on health and education.<\/p><p><strong>Public service announcement #1: <\/strong>This lousy weather we had this past weekend is due to continue this morning. Quoting the National Meteorological Authority, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/260710\/Egypt\/Politics-\/Rain,-sand-winds-to-persist-in-Egypt-Sunday.aspx\">Ahram Online<\/a> tells us that, \u201cRain will be dominant in the north of the country, reaching to Cairo and Sinai along with wind carrying dust that could limit drivers\u2019 visibility.\u201d<\/p><p><strong>PSA #2: Time changes in the United States and Canada this morning<\/strong>, so add an hour to any time quoted to you in the US of A or the Great White North. Clocks move ahead an hour starting at 2am. Time won\u2019t change in the United Kingdom until 26 March, and <strong>Egypt no longer observes daylight savings time<\/strong>.<\/p><p><strong>PSA #3: <\/strong>There are something on the order of <strong>76 days left until Ramadan. <\/strong><\/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=\"649866\" 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 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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\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/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-xl84z7d\" data-v=\"4\" data-block-id=\"xl84z7d\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-xl84z7d-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-xl84z7d-inner-blocks\">\r\n            <div 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class=\"stk-block-content stk-inner-blocks stk-6wjemc5-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\/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-d2sd0oz\" data-v=\"4\" data-block-id=\"d2sd0oz\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-d2sd0oz-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-d2sd0oz-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 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HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-this-week-196\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-this-week-196\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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              WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/what-were-tracking-this-week-196\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649867\" class=\"content-area-description single-story post-649867 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>LEGISLATION WATCH- <\/strong>March looks set to be a busy month for the House on the economic front, with legislators due to consider a basket of laws and amendments to existing legislation, including:<\/p>\n<ul type=\"disc\">\n<li>The <strong>Contractor's Compensation Act will come up for a vote<\/strong> in a plenary session on Monday. The measure would give the government legislative cover to compensate suppliers and contractors for FX losses incurred on state contracts after the EGP float.<\/li>\n<li>The House\u2019s Manpower Committee will <strong>begin talks on the Labor Act<\/strong> tomorrow. It is already being attacked by workers who claim it would take away the right to strike from workers in critical industries including transport, pharma, and food. The bill is also believed to include a clause that would force private sector companies to institute a 7% annual raise.<\/li>\n<li><strong>We can expect the Investment Act in a few weeks\u2019 time,<\/strong> General Authority for Free Zones and Investment chief <a href=\"http:\/\/www.ahram.org.eg\/News\/202200\/5\/582850\/\u0627\u0642\u062a\u0635\u0627\u062f\/\u0627\u0644\u0627\u0646\u062a\u0647\u0627\u0621-\u0645\u0646-\u0645\u0646\u0627\u0642\u0634\u0629--\u0645\u0627\u062f\u0629-\u0645\u0646-\u0645\u0634\u0631\u0648\u0639-\u0642\u0627\u0646\u0648\u0646-\u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631.aspx\">Mohamed Khodeir says<\/a>. The bill is currently being reviewed by the House of Representatives\u2019 Economic Committee, which has already given a preliminary nod to 50 of its main articles, according to Khodeir. <\/li>\n<li>The House will vote in a plenary session on the <strong>Natural Gas Act <\/strong>by the end of March. <\/li>\n<li>The Council of State (Maglis Al Dowla) is expected to complete its review of the <strong>Bankruptcy Act<\/strong> and of the executive regulations to the <strong>Civil Service Act<\/strong> by the end of the month, legislative committee chair Ahmed Aboul Azm tells <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/11\/990858\">Al Borsa<\/a>. <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1101170\">Al Masry Al Youm<\/a> has more on the civil service act.<\/li>\n<\/ul>\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=\"649868\" 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=\"649868\">\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\/12\/adib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed\/\">\r\n                            Adib in the hospital for exhaustion; Recycling initiative gets lauded; Planning Minister discusses ACA\u2019s bribery case; Ozymandias unearthed                        <\/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\/12\/adib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed\/\" 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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Planning Minister discusses ACA\u2019s bribery case; Ozymandias unearthed&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/adib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed\/\">\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\/12\/adib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed\/&title=Adib in the hospital for exhaustion; Recycling initiative gets lauded; Planning Minister discusses ACA\u2019s bribery case; Ozymandias unearthed\">\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=Adib+in+the+hospital+for+exhaustion%3B+Recycling+initiative+gets+lauded%3B+Planning+Minister+discusses+ACA%E2%80%99s+bribery+case%3B+Ozymandias+unearthed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fadib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed%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\/12\/adib-in-the-hospital-for-exhaustion-recycling-initiative-gets-lauded-planning-minister-discusses-acas-bribery-case-ozymandias-unearthed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649868\" class=\"content-area-description single-story post-649868 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><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> Talking heads last night all wished <strong>Kol Youm\u2019s Amr Adib well, as he was admitted to the <\/strong><strong>hospital yesterday for exhaustion.<\/strong> Hona Al Asema\u2019s Lamees El Hadidy canceled her show on Saturday to be with him, but she called in to Akher El Nahar to tell host Gaber Al Armooty that Adib was doing well (<a href=\"https:\/\/www.youtube.com\/watch?v=3Je9xstbEaM\">watch<\/a>, runtime: 10:28). We wish them both well.<\/p>\n<p><strong>On Mehwar\u2019s 90 Minutes, Moataz El Demerdash spoke to Deputy Planning Minister <\/strong><strong>Saleh El Sheikh<\/strong> about the Administrative Control Authority (Egypt\u2019s top anti-corruption watchdog) arresting the ministry\u2019s head of purchasing in connection with an alleged kickback. El Shiekh said an investigation into other ministry contracts is ongoing (<a href=\"https:\/\/www.youtube.com\/watch?v=vdMdn2TDWTE\">watch<\/a>, runtime 7:04). (For more on the corruption case, hit up Youm7 <a href=\"http:\/\/www.youm7.com\/story\/2017\/3\/11\/%D8%A7%D9%84%D8%B1%D9%82%D8%A7%D8%A8%D8%A9-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B6%D8%A8%D8%B7-%D9%85%D8%AF%D9%8A%D8%B1-%D9%85%D8%B4%D8%AA%D8%B1%D9%8A%D8%A7%D8%AA-%D8%A8%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D8%AE%D8%B7%D9%8A%D8%B7-%D9%84%D8%AA%D9%82%D8%A7%D8%B6%D9%89-1-3%D9%85%D9%84%D9%8A%D9%88%D9%86\/3138839\">here<\/a> and <a href=\"http:\/\/www.youm7.com\/story\/2017\/3\/11\/%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D8%AE%D8%B7%D9%8A%D8%B7-%D8%AA%D8%B4%D9%83%D9%84-%D9%84%D8%AC%D9%86%D8%A9-%D9%84%D9%81%D8%AD%D8%B5-%D9%85%D9%84%D9%81%D8%A7%D8%AA-%D8%A7%D9%84%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%B9%D9%82%D8%A8-%D8%B6%D8%A8%D8%B7-%D9%82%D8%B6%D9%8A%D8%A9\/3139119\">here<\/a>.)<\/p>\n<p><strong>On Masaa DMC, MP Atef Makhaleef was highly critical of the \u201cpoor excavation <\/strong><strong>methods\u201d used to unearth the statue (possibly of Ramses II) <\/strong>in Mattariya, Cairo (more on that in Egypt in the News). The MP wants the antiquities minister to resign (<a href=\"https:\/\/www.youtube.com\/watch?v=brAeqjoV2tI\">watch<\/a>, runtime 3:26), but the head of the Egyptian-German excavation party confirms the statue was found broken and was not damaged during its extraction from the site (<a href=\"https:\/\/www.youtube.com\/watch?v=u9WkL_nK9Vg\">watch<\/a>, runtime 7: 55).<\/p>\n<p><strong>The host then moved on to cover the delivery of 48 residential units in Ismailia to <\/strong><strong>Coptic families <\/strong>displaced from their North Sinai homes by Daesh terrorists and spoke to Ismailia Governor Yassin Taher, who confirmed that the families have also received health insurance cards for free medical treatment in their host city (<a href=\"https:\/\/www.youtube.com\/watch?v=ZwcF-npuUWI\">watch<\/a>, runtime 6:31).<\/p>\n<p><strong>Meanwhile on Al Hayah Al Youm, Lobna El Assal was pleased to report that Egypt is <\/strong><strong>finally jumping on the garbage recycling bandwagon.<\/strong> The host spoke to Cairo Governor Atef Abdel Hameed about an initiative he launched on Saturday to buy trash for recycling from citizens. The first two outlets are in Heliopolis and should pop up around the rest of Cairo by the end of 2018, the governor said (<a href=\"https:\/\/www.youtube.com\/watch?v=XQJIJd7N7M8\">watch<\/a>, runtime: 2: 41).<\/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=\"649869\" 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=\"649869\">\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\/12\/inflation-rates-above-30-m-o-m-rates-start-to-ease\/\">\r\n                            Inflation rates above 30%, m-o-m rates start to ease                        <\/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\/12\/inflation-rates-above-30-m-o-m-rates-start-to-ease\/\" 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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Similarly, headline inflation fell to 2.63% in February from 4.07% in January, while core inflation eased to 2.61% last month from 5.00% the month before. <strong>Annual headline inflation rose to 30.25% in February from 28.14% the month before<\/strong>, while core inflation jumped to 33.10% in February from 30.86% a month earlier. <a href=\"http:\/\/www.capmas.gov.eg\/Pages\/ShowHmeNewsPDF.aspx?page_id=\/Admin\/News\/PressRelease\/20173983553_%D8%A8%D9%8A%D8%A7%D9%86%20%D8%B5%D8%AD%D9%81%D9%8A%202-2017%20.pdf&Type=News\">CAPMAS<\/a> data also showed that food price inflation also surged in February, hitting 41.7% on an annualized basis.<\/p>\n<p><strong>What the analysts are saying: <\/strong>Renaissance Capital\u2019s <strong>Charles Robertson<\/strong> is quoted by the <a href=\"http:\/\/blogs.wsj.com\/frontiers\/2017\/03\/11\/this-week-on-the-frontiers-march-11th-2017\/\">Wall Street Journal<\/a> as emphasizing that the easing of m-o-m inflation is the more important indicator, while <strong>Reham ElDesoki<\/strong>, senior economist at Arqaam Securities, told <a href=\"http:\/\/af.reuters.com\/article\/egyptNews\/idAFL5N1GM0KY?sp=true\">Reuters<\/a>, \u201cWe expect headline inflation to remain elevated at similar and higher levels until Q4 2017, at least, as the pass-through effect from the higher FX rate continues, albeit at lower levels.\u201d CI Capital senior economist <strong>Hany Farahat<\/strong> agrees, telling <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-03-09\/egypt-s-inflation-surges-to-30-but-monthly-price-gains-ease\">Bloomberg<\/a> he expects the annual inflation rate to remain \u201cvery high until November\u201d because it is calculated against a lower base, but noted that the monthly figure could mean that \u201cthe severe price shocks following the November measures are easing \u2026 <strong>This may mark the beginning of stabilization in prices<\/strong>.\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\/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=\"649885\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649886\" 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=\"649886\">\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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/\">\r\n                            Tahteeb at the Permanent Mission of Egypt to the United Nations                        <\/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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/\" 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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/')\">\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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/\">\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=Tahteeb at the Permanent Mission of Egypt to the United Nations&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/\">\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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/&title=Tahteeb at the Permanent Mission of Egypt to the United Nations\">\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=Tahteeb+at+the+Permanent+Mission+of+Egypt+to+the+United+Nations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Ftahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations%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\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1280.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649887\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/tahteeb-at-the-permanent-mission-of-egypt-to-the-united-nations\/1280-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1280.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1280.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1280.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1280.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649886\" class=\"content-area-description single-story post-649886 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The <\/strong><strong>Permanent Mission of Egypt to the United Nations was the setting for a \u201ctahteeb\u201d <\/strong><strong>performance last week<\/strong>. Tahteeb, originally a form of martial art, dates back to Ancient Egyptian times. It progressively became a folk practice \u2014 mainly in Upper Egypt \u2014 and is now a protected heritage, having been inscribed in <a href=\"http:\/\/www.unesco.org\/culture\/ich\/en\/RL\/tahteeb-stick-game-01189\">UNESCO's Representative List<\/a> of the Intangible Cultural Heritage of Humanity in 2016. The ancient stick dance was hosted by <strong>Faika Zaki<\/strong>, wife of Egyptian Ambassador to the United Nations <strong>Amr Aboulatta<\/strong>, and the UN Delegations Women\u2019s Club. Over 100 women from all over the world attended the performance with standing room only. Each guest left with a copy of \u201cScents of Egypt,\u201d CIB\u2019s 2017 annual book that is a collection of renowned photographs spanning across every geographic pocket of the country.<\/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=\"649888\" 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=\"649888\">\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\/12\/ozymandias-unearthed\/\">\r\n                            Ozymandias unearthed                        <\/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\/12\/ozymandias-unearthed\/\" 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\/12\/ozymandias-unearthed\/')\">\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\/12\/ozymandias-unearthed\/\">\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=Ozymandias unearthed&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ozymandias-unearthed\/\">\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\/12\/ozymandias-unearthed\/&title=Ozymandias unearthed\">\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=Ozymandias+unearthed+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fozymandias-unearthed%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\/12\/ozymandias-unearthed\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/90.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649889\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ozymandias-unearthed\/90-jpg-26\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/90.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"90.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/90.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/90.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649888\" class=\"content-area-description single-story post-649888 post type-post status-publish format-standard has-post-thumbnail 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>\u201cMy Name is Ozymandias, King of Kings. Look upon my slums, ye mighty and <\/strong><strong>despair\u201d:<\/strong> Like the Shelley poem, an eight-meter quartzite statue likely depicting Ancient Egyptian ruler Ramses II was unearthed in Mattariya over the weekend. Found in fragments, the statue was excavated from under a low-income district (<a href=\"http:\/\/news.nationalgeographic.com\/2017\/03\/egypt-pharaoh-ramses-statue-discovered-cairo\/\">watch<\/a>, runtime 0:52). Archaeologists from Egypt and Germany found parts of the colossus and are hoping to move the statue, once restored, to the entrance of the Grand Egyptian Museum, <a href=\"http:\/\/www.reuters.com\/article\/us-egypt-archaeology-idUSKBN16G2A2\">Reuters<\/a>\u2019 Ahmed Aboulenein reported. The story topped coverage of Egypt in foreign outlets over the weekend, including <a href=\"http:\/\/news.nationalgeographic.com\/2017\/03\/egypt-pharaoh-ramses-statue-discovered-cairo\/\">National Geographic<\/a>, <a href=\"http:\/\/edition.cnn.com\/2017\/03\/10\/africa\/ramses-ii-ozymandias-statue-cairo\/\">CNN<\/a>, and <a href=\"https:\/\/www.theguardian.com\/science\/video\/2017\/mar\/10\/pharoah-ramses-ii-statue-unearthed-in-cairo-video\">The Guardian<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-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=\"649895\" 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=\"649895\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/khawagas-fall-in-love-with-egyptian-food\/\">\r\n                            Khawagas fall in love with Egyptian food                        <\/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\/12\/khawagas-fall-in-love-with-egyptian-food\/\" 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\/12\/khawagas-fall-in-love-with-egyptian-food\/')\">\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\/12\/khawagas-fall-in-love-with-egyptian-food\/\">\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=Khawagas fall in love with Egyptian food&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/khawagas-fall-in-love-with-egyptian-food\/\">\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\/12\/khawagas-fall-in-love-with-egyptian-food\/&title=Khawagas fall in love with Egyptian food\">\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=Khawagas+fall+in+love+with+Egyptian+food+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fkhawagas-fall-in-love-with-egyptian-food%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\/12\/khawagas-fall-in-love-with-egyptian-food\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/793.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649896\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/khawagas-fall-in-love-with-egyptian-food\/793-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/793.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"793.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/793.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/793.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649895\" class=\"content-area-description single-story post-649895 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>Umm Ali is \u201clike heaven on earth\u201d: <\/strong>It is safe to assume that <a href=\"https:\/\/www.youtube.com\/watch?v=_VG2X89y4Co&feature=youtu.be\">BuzzFeed fell in love with Egyptian food<\/a> after getting to sample some of our dishes. The BuzzFeed team got to try koshari, a very posh-looking hawawshi, molokhia, and have Umm Ali for dessert. You could hear one of the guys in the video saying joyously after tasting koshari: \u201cYep, yep, I could eat this everyday\u201d \u2014 words you would never hear at Enterprise headquarters given our overlords\u2019 blanket ban on the dish at our offices. Hawawshi, on the other hand, remains the breakfast of champions (runtime 02:08).<\/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=\"649897\" 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=\"649897\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/first-egyptian-turkish-business-forum-convenes-today\/\">\r\n                            First Egyptian-Turkish business forum convenes today                        <\/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\/12\/first-egyptian-turkish-business-forum-convenes-today\/\" 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\/12\/first-egyptian-turkish-business-forum-convenes-today\/')\">\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\/12\/first-egyptian-turkish-business-forum-convenes-today\/\">\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=First Egyptian-Turkish business forum convenes today&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/first-egyptian-turkish-business-forum-convenes-today\/\">\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\/12\/first-egyptian-turkish-business-forum-convenes-today\/&title=First Egyptian-Turkish business forum convenes today\">\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=First+Egyptian-Turkish+business+forum+convenes+today+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Ffirst-egyptian-turkish-business-forum-convenes-today%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\/12\/first-egyptian-turkish-business-forum-convenes-today\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649897\" class=\"content-area-description single-story post-649897 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>The Egyptian-Turkish Business Forum convenes today for the first time in three years <\/strong><strong>to discuss potential investments and partnerships<\/strong>, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325757\">Al Mal says<\/a>. 11 Turkish companies are expected to attend.<\/p>\n<p><strong>A delegation of 250 Polish businessmen will accompany Polish President Andrzej <\/strong><strong>Duda during his visit to Egypt <\/strong>during the second half of 2017, Trade Minister Tarek Kabil said, according to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=10032017&id=d47b6102-414d-4d6d-90b4-e6f1aab87ab4\">Al Shorouk<\/a>. <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/09\/direct-flights-from-warsaw-to-sharm-in-april\/\">Last week<\/a>, President Abdel Fattah El Sisi invited Duda to visit Cairo. Kabil is set to visit the Polish capital this week to discuss increasing economic cooperation.<\/p>\n<p><strong>FAO Director-General Jose Graziano da Silva \u201cexpressed his strong support\u201d to <\/strong><strong>Egypt\u2019s efforts to address water scarcity<\/strong> and promote sustainable agriculture, including the 1.5 mn feddan initiative, while visiting Cairo, according to <a href=\"http:\/\/www.infozine.com\/news\/stories\/op\/storiesView\/sid\/66252\/\">a UN statement<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649898\" 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=\"649898\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/\">\r\n                            10 solar power companies to update feasibility studies for FiT projects after relocating from Zaafarana to Benban                        <\/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\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/\" 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\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/')\">\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\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/\">\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=10 solar power companies to update feasibility studies for FiT projects after relocating from Zaafarana to Benban&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/\">\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\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/&title=10 solar power companies to update feasibility studies for FiT projects after relocating from Zaafarana to Benban\">\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=10+solar+power+companies+to+update+feasibility+studies+for+FiT+projects+after+relocating+from+Zaafarana+to+Benban+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2F10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban%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\/12\/10-solar-power-companies-to-update-feasibility-studies-for-fit-projects-after-relocating-from-zaafarana-to-benban\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649898\" class=\"content-area-description single-story post-649898 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>10 solar power companies must update the feasibility studies for their solar power plants to reflect the change in location from Zaafarana to Benban, as required by their various lenders, <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/09\/990557\">Al Borsa reports.<\/a> These companies \u2014 which include Enara Energy, Zaafarana Solar, Alef Solar, Arena Energy, MID Energy, and Rah Solar \u2014 had requested the transfer to benefit from the government\u2019s cost sharing agreement under the feed-in tariff program. In related news, German companies Ib Vogt and Solizer have reached financial close on a 64.1 MW photovoltaic plant in Egypt in partnership with Infinity Solar, <a href=\"http:\/\/renews.biz\/106206\/germans-soak-up-egyptian-sun\/\">reNews<\/a> reported. The Infinity 50 solar park in Benban secured 85% of the funding from Bayerische Landesbank and the remainder from the Arab African International Bank. Ib Vogt has started construction and aims to commission the facility in the fourth quarter of the year, it said.<\/p><\/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=\"649900\" 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=\"649900\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/\">\r\n                            SCZone, Military Production Ministry to set up the largest pharmaceutical production area in the region                        <\/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\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/\" 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\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/')\">\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\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/\">\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=SCZone, Military Production Ministry to set up the largest pharmaceutical production area in the region&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/\">\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\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/&title=SCZone, Military Production Ministry to set up the largest pharmaceutical production area in the region\">\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=SCZone%2C+Military+Production+Ministry+to+set+up+the+largest+pharmaceutical+production+area+in+the+region+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fsczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region%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\/12\/sczone-military-production-ministry-to-set-up-the-largest-pharmaceutical-production-area-in-the-region\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649900\" class=\"content-area-description single-story post-649900 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Suez Canal Economic Zone and the Military Production Ministry are cooperating with the Armed Forces Medical Services Department to set up the region\u2019s largest area to produce pharma and medical supplies, <a href=\"http:\/\/www.egyptindependent.com\/news\/sczone-set-establish-largest-pharmaceutical-industries-area-middle-east\">Al Masry Al Youm<\/a> reports. Military Production Minister Mohamed Al Assar said that the ministry is now mandated to manufacture locally the various devices, medical equipment and supplies, whose imports are a strain on the state budget. The ministry <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/09\/military-production-ministry-announces-pipeline-of-healthcare-manufacturing-projects\/\">announced last week<\/a> it has two projects in the health sector worth USD 115 mn in the pipeline.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649903\" 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=\"649903\">\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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-end-of-march\/\">\r\n                            Finance Ministry to complete actuarial study on Universal Healthcare Act before 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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-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=Finance Ministry to complete actuarial study on Universal Healthcare Act before end of March&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-end-of-march\/&title=Finance Ministry to complete actuarial study on Universal Healthcare Act before 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=Finance+Ministry+to+complete+actuarial+study+on+Universal+Healthcare+Act+before+end+of+March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Ffinance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-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\/12\/finance-ministry-to-complete-actuarial-study-on-universal-healthcare-act-before-end-of-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649903\" class=\"content-area-description single-story post-649903 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 Finance Ministry\u2019s actuarial study on the Universal Healthcare Act \u2014 which will determine the necessary costs and resources to implement the program \u2014 will be completed in March, Deputy Finance Minister Mohamed Maait tells <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325741\">Al Mal<\/a>. The study should help the government choose the best way to roll out the act in light of rising inflation. The act was expected early in 2017 but had been <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/02\/universal-healthcare-likely-not-to-go-to-house-before-june\/\">pushed to the second half<\/a> of the year due to rising costs. Earlier reports suggested that the plan will be paid for in part through a new tax on cigarettes, alcohol, and automobiles, while employers cover the balance, by paying the equivalent of 3% of each employee\u2019s salary into a healthcare fund and deducting a further 1% of each staff member\u2019s pay cheque.<\/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=\"649905\" 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=\"649905\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/div>\r\n\r\n                    <p class=\"f-graphik\">Real Estate + Housing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/\">\r\n                            15 companies including SODIC, TMG bid for land in New Administrative Capital                        <\/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\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/\" 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\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/')\">\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\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/\">\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=15 companies including SODIC, TMG bid for land in New Administrative Capital&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/\">\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\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/&title=15 companies including SODIC, TMG bid for land in New Administrative Capital\">\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=15+companies+including+SODIC%2C+TMG+bid+for+land+in+New+Administrative+Capital+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2F15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital%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\/12\/15-companies-including-sodic-tmg-bid-for-land-in-new-administrative-capital\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649905\" class=\"content-area-description single-story post-649905 post type-post status-publish format-standard hentry category-real-estate-housing tag-enterpriseam tag-real-estate-housing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> SODIC and Talaat Moustafa Group (TMG) are among 15 companies that have submitted bids to buy land in the New Administrative Capital, a source at the company managing the project told <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN16G1NM?sp=true\">Reuters\u2019 Arabic service<\/a>. The companies submitted financial and technical offers, the source said. The source said the technical bids were evaluated and the financial ones will be reviewed in a month.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate-housing\/\">Real Estate + Housing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649906\" 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=\"649906\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/div>\r\n\r\n                    <p class=\"f-graphik\">Tourism<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/\">\r\n                            Ismail cabinet to discuss possibly repealing entry visa price hikes this Wednesday                        <\/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\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/\" 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\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/')\">\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\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/\">\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=Ismail cabinet to discuss possibly repealing entry visa price hikes this Wednesday&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/\">\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\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/&title=Ismail cabinet to discuss possibly repealing entry visa price hikes this Wednesday\">\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=Ismail+cabinet+to+discuss+possibly+repealing+entry+visa+price+hikes+this+Wednesday+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday%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\/12\/ismail-cabinet-to-discuss-possibly-repealing-entry-visa-price-hikes-this-wednesday\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649906\" class=\"content-area-description single-story post-649906 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 has been taking some flak at the ITB Berlin Travel Expo this weekend over the government\u2019s decision to raise entry visa prices to USD 60. Concerns about travel to Egypt were less about security and more about visa fees jumping to USD 60 from USD 25 and reflecting negatively on the sector, according to the <a href=\"http:\/\/gate.ahram.org.eg\/News\/1420601.aspx\">South Sinai Governor Khaled Fouda<\/a>, who attended the show. The Ismail cabinet will be discussing the hike \u2014 and the possibility of its repeal \u2014 during its weekly meeting on Wednesday, Tourism Minister Yehia Rashed told reporters at the ITB Berlin travel trade show this weekend, <a href=\"http:\/\/www.fvw.com\/index.cfm?cid=11245&pk=170071&event=showarticle\">Germany\u2019s fvw<\/a> says. For their part, German MPs reportedly promised to lobby for the reduction of the departure tariff imposed on travel to Egypt, which is currently higher than other competing destinations, according to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=11032017&id=44b983e0-cabf-43d6-a5c7-3c75f427ad68\">Al Shorouk<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tourism\/\">tourism<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649907\" 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=\"649907\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/\">\r\n                            CIT Minister heads to US to discuss ICT partnerships                        <\/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\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/\" 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\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/')\">\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\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/\">\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=CIT Minister heads to US to discuss ICT partnerships&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/\">\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\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/&title=CIT Minister heads to US to discuss ICT partnerships\">\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=CIT+Minister+heads+to+US+to+discuss+ICT+partnerships+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fcit-minister-heads-to-us-to-discuss-ict-partnerships%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\/12\/cit-minister-heads-to-us-to-discuss-ict-partnerships\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649907\" class=\"content-area-description single-story post-649907 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>CIT Minister Yasser El Kady is heading to the US tomorrow for a 10-day visit to promote investment in the ICT sector, according to a <a href=\"http:\/\/www.mcit.gov.eg\/Media_Center\/Press_Room\/Press_Releases\/4455\">ministry statement<\/a>. El Kady is set to meet with the heads of ICT development, research and advisory, and big data management companies to develop partnerships in the ICT industry.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649908\" 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=\"649908\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">15<\/div>\r\n\r\n                    <p class=\"f-graphik\">Automotive + Transportation<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\">\r\n                            Auto companies to reimburse distributors for losses incurred during promotional wave                        <\/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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\" 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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/')\">\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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\">\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=Auto companies to reimburse distributors for losses incurred during promotional wave&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\">\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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/&title=Auto companies to reimburse distributors for losses incurred during promotional wave\">\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=Auto+companies+to+reimburse+distributors+for+losses+incurred+during+promotional+wave+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fauto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave%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\/12\/auto-companies-to-reimburse-distributors-for-losses-incurred-during-promotional-wave\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649908\" class=\"content-area-description single-story post-649908 post type-post status-publish format-standard hentry category-automotive-transportation tag-automotive-transportation tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Some auto companies will be reimbursing their distributors for losses incurred after a recent wave of promotions that saw prices slashed by as much as EGP 55k for some brands, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325730\">Al Mal reports<\/a>. The amounts will be determined based on an average price calculation and paid in quarterly installments to distributors who paid a higher purchasing than selling price for their stocks. Auto distributors who <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/08\/auto-distributors-refuse-to-receive-march-car-allocations-due-to-slump-in-sales\/\">refused to receive<\/a> their monthly car stocks from agents will not be eligible for reimbursement, one distributor tells the newspaper. GB Auto. Nissan Egypt, and Kia Motors were among those to discount their prices in late February and early March.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/automotive-transportation\/\">Automotive + Transportation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649909\" 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=\"649909\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/\">\r\n                            Union National Bank to expand in Egypt, open branch in China                        <\/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\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/\" 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\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/')\">\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\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/\">\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=Union National Bank to expand in Egypt, open branch in China&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/\">\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\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/&title=Union National Bank to expand in Egypt, open branch in China\">\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=Union+National+Bank+to+expand+in+Egypt%2C+open+branch+in+China+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Funion-national-bank-to-expand-in-egypt-open-branch-in-china%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\/12\/union-national-bank-to-expand-in-egypt-open-branch-in-china\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649909\" class=\"content-area-description single-story post-649909 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>Union National Bank, which is 50% owned by the Abu Dhabi government, plans to expand \"aggressively\" in Egypt by opening more branches this year, CEO Mohammed Nasr Abdeen said, according to <a href=\"http:\/\/www.reuters.com\/article\/emirates-banking-idUSL5N1GL67L\">Reuters<\/a>. The bank has 42 branches in Egypt currently. Abdeen also announced that Union National Bank has gotten approval from China's central bank to convert its representative office into a branch in Shanghai.<\/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=\"649911\" 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=\"649911\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\">\r\n                            EGX tightens controls on \u201charmful activities\u201d in the market, gives chairman right to suspend trading                        <\/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\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\" 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\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/')\">\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\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\">\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=EGX tightens controls on \u201charmful activities\u201d in the market, gives chairman right to suspend trading&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\">\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\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/&title=EGX tightens controls on \u201charmful activities\u201d in the market, gives chairman right to suspend trading\">\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=EGX+tightens+controls+on+%E2%80%9Charmful+activities%E2%80%9D+in+the+market%2C+gives+chairman+right+to+suspend+trading+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fegx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading%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\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649911\" class=\"content-area-description single-story post-649911 post type-post status-publish format-standard hentry category-legislation-policy tag-enterpriseam tag-legislation-policy wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The EGX issued <a href=\"http:\/\/egx.com.eg\/downloads\/coraption_rules_09-03-2017_english.pdf\">executive regulations<\/a> on Thursday giving the bourse chairman the right to intervene to limit \u201charmful activities\u201d in the market. According to the regulations, the chairman reserves the right to suspend trading for any market participant under investigation for violating the capital markets law by EFSA for periods of up to one month. The regulations also reserved the right of those who are suspended to appeal the decision.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation-policy\/\">Legislation + Policy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649912\" 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=\"649912\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/\">\r\n                            Mubarak defense team permitted to amend appeal in trial on cutting communications during 25 January revolution                        <\/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\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/\" 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\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/')\">\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\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/\">\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=Mubarak defense team permitted to amend appeal in trial on cutting communications during 25 January revolution&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/\">\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\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/&title=Mubarak defense team permitted to amend appeal in trial on cutting communications during 25 January revolution\">\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=Mubarak+defense+team+permitted+to+amend+appeal+in+trial+on+cutting+communications+during+25+January+revolution+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fmubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution%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\/12\/mubarak-defense-team-permitted-to-amend-appeal-in-trial-on-cutting-communications-during-25-january-revolution\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649912\" class=\"content-area-description single-story post-649912 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>Former President Hosni Mubarak\u2019s defense team will be allowed to re-submit an appeal against a verdict handed down to Mubarak, former Prime Minister Ahmed Nazif, and former Interior Minister Habib Al Adly for cutting electronic communications during the 25 January uprising, <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/260702\/Egypt\/Politics-\/Mubarak-defence-to-resubmit-appeal-in-trial-for-cu.aspx\">Ahram Online<\/a> reports. The three were fined EGP 540 mn in May 2011 for damages to the economy resulting from cutting communications during the revolution, but appealed the ruling at the time.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649913\" 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=\"649913\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">National Security<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/\">\r\n                            Egypt participates in joint military drills with Bahrain, UAE                        <\/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\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/\" 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\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/')\">\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\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/\">\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 participates in joint military drills with Bahrain, UAE&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/\">\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\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/&title=Egypt participates in joint military drills with Bahrain, UAE\">\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+participates+in+joint+military+drills+with+Bahrain%2C+UAE+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Fegypt-participates-in-joint-military-drills-with-bahrain-uae%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\/12\/egypt-participates-in-joint-military-drills-with-bahrain-uae\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649913\" class=\"content-area-description single-story post-649913 post type-post status-publish format-standard hentry category-national-security tag-enterpriseam tag-national-security wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egyptian ground, air and naval forces are participating this week in joint exercises with Bahrain and the United Arab Emirates, <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1100992\">Al Masry Al Youm<\/a> and <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/260721\/Egypt\/Politics-\/Egypt-to-take-part-in-joint-military-drills-with-B.aspx\">Ahram Online<\/a> report.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/national-security\/\">national security<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649914\" 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=\"649914\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/\">\r\n                            EBRD, EU celebrate 500th SME project in Egypt                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EBRD, EU celebrate 500th SME project in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/&title=EBRD, EU celebrate 500th SME project in Egypt\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=EBRD%2C+EU+celebrate+500th+SME+project+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F12%2Febrd-eu-celebrate-500th-sme-project-in-egypt%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/ebrd-eu-celebrate-500th-sme-project-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649914\" class=\"content-area-description single-story post-649914 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The European Bank for Reconstruction and Development (EBRD) and the EU <\/strong><a href=\"http:\/\/www.ebrd.com\/news\/2017\/ebrd-and-eu-mark-500th-small-business-project-in-egypt.html\"><strong>celebrated <\/strong><\/a><strong>the conclusion of the 500th advisory project for small businesses in Egypt<\/strong> under the Bank\u2019s EU-funded Advice for Small Business Program. \u201cSMEs are a priority for the EBRD in Egypt as they are the largest job creators in the country. Up to 90 percent of all employment opportunities come from this part of the economy and this is especially important to reduce youth unemployment. Many small businesses are also run by women and support for these enterprises is crucial,\u201d EBRD Managing Director for SEMED Janet Heckman said. SMEs represent only 5% of Egyptian banks\u2019 lending portfolios, despite the fact that they makeup about 90% of projects in the country, the Deputy Head of the EU delegation to Egypt Reinhold Brender said on Thursday.<\/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=\"649915\" 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=\"649915\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">21<\/div>\r\n\r\n                    <p class=\"f-graphik\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/12\/by-the-numbers-89\/\">\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\/12\/by-the-numbers-89\/\" 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\/12\/by-the-numbers-89\/')\">\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\/12\/by-the-numbers-89\/\">\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\/12\/by-the-numbers-89\/\">\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\/12\/by-the-numbers-89\/&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%2F12%2Fby-the-numbers-89%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\/12\/by-the-numbers-89\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649915\" class=\"content-area-description single-story post-649915 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 17.6662 | Sell 17.7732<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.6 | Sell 17.7<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.5 | Sell 17.6<\/p>\n<p><strong>EGX30<\/strong> (Thursday): 12,853 (+0.9%)<br \/>\n <strong>Turnover:<\/strong> EGP 1.3 bn (195% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.1%<\/p>\n<p><strong>THE MARKET ON THURSDAY:<\/strong> The EGX30 ended Thursday\u2019s session up 0.9%. CIB, the index heaviest constituent rose 2.1%. The EGX30\u2019s top performing constituents were: Egyptian Iron and Steel up 7.0%, Arab Cotton Ginning up 4.4%, and Ezz Steel up 4.2%. Thursday\u2019s worst performing stocks included Orascom Telecom Media and Technology down 2.9%, Juhayna down 2.4%, and Palm Hills down 2.4%. The market turnover was EGP1.3 billion, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +109.4 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +4.8 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -114.2 mn<\/p>\n<p><strong>Retail<\/strong>: 65.0% of total trades | 62.0% of buyers | 68.0% of sellers<br \/>\n <strong>Institutions<\/strong>: 35.0% of total trades | 38.0% of buyers | 32.0% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 20.5% of total | 24.8% of buyers | 16.3% of sellers<br \/>\n <strong>Regional:<\/strong> 6.5% of total | 6.7% of buyers | 6.3% of sellers<br \/>\n <strong>Domestic:<\/strong> 73.0% of total | 68.5% of buyers | 77.4% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 48.49 (-1.60%)<br \/>\n <strong>Brent:<\/strong> USD 51.37 (-1.57%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.01 MMBtu, (+1.14%, April 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,201.40 \/ troy ounce (-0.15%)<\/p>\n<p><strong>TASI:<\/strong> 6,916.8 (-0.8%) (YTD: -4.1%)<br \/>\n <strong>ADX:<\/strong> 4,457.3 (-2.9%) (YTD: -2.0%)<br \/>\n <strong>DFM:<\/strong> 3,520.2 (-0.3%) (YTD: -0.3%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 422.8 (+0.4%) (YTD: +11.2%)<br \/>\n <strong>QE:<\/strong> 10,467.2 (+1.0%) (YTD: +0.3%)<br \/>\n <strong>MSM:<\/strong> 5,791.7 (-0.2%) (YTD: +0.2%)<br \/>\n <strong>BB: <\/strong>1,353.6 (+1.3%) (YTD: +10.9%)<\/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=\"649916\" 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\/12\/649916\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649916\" class=\"content-area-description single-story post-649916 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":649862,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649861","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"0a1f120b-043a-46bf-9a8f-29c063c5d8a0","teaser":"","photo_url":"https:\/\/ent.news\/2016\/6\/106.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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