{"id":649926,"date":"2017-03-13T04:11:47","date_gmt":"2017-03-13T04:11:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=649926"},"modified":"2025-12-17T22:30:03","modified_gmt":"2025-12-17T22:30:03","slug":"theres-no-vat-on-koshary-ful-and-other-affordable-street-food","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/theres-no-vat-on-koshary-ful-and-other-affordable-street-food\/","title":{"rendered":"There\u2019s no VAT on koshary, ful and other affordable street food"},"content":{"rendered":"<section id=\"649928\" 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=\"649928\">\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\/13\/what-were-tracking-on-13-march-2017\/\">\r\n                            What we\u2019re tracking on 13 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\/13\/what-were-tracking-on-13-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\/13\/what-were-tracking-on-13-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\/13\/what-were-tracking-on-13-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 13 March 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/what-were-tracking-on-13-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\/13\/what-were-tracking-on-13-march-2017\/&title=What we\u2019re tracking on 13 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+13+March+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fwhat-were-tracking-on-13-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\/13\/what-were-tracking-on-13-march-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649928\" class=\"content-area-description single-story post-649928 post type-post status-publish format-standard hentry category-what-were-tracking-today tag-enterpriseam tag-what-were-tracking-today wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_27645\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<p><strong>The Finance Ministry will propose a stamp tax of 0.125% on stock market transactions <\/strong><strong>that would gradually rise to 0.175% by its third year<\/strong>, top ministry officials <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=13032017&amp;id=e6d64e4d-d5b2-44c0-82bd-8bda84805dcf\">tell Al Shorouk<\/a>. The measure will be unveiled at today\u2019s meeting of the cabinet economic group. The stamp was proposed in place of a capital gains tax that has been temporarily shelved for the coming three years; the measure is expected to come into effect by May.<\/p><p><strong>A busy day for the House: <\/strong>The Contractor Compensation Act continues to make its way through the House, and the House Manpower Committee is due to start discussions today of the proposed Labor Act.<\/p><p>Elsewhere this morning, we wonder: <strong>What does this mean for Egypt, if anything? <\/strong>\u201cVodafone has joined the push to bring customer service jobs back to the UK with the announcement of 2,100 new call-centre roles. The mobile phone company, which has struggled with customer service issues in recent years, will \u2018onshore\u2019 the support roles from South Africa, where it uses an external agency. <strong>It will retain some customer service operations overseas, including technical staff in Egypt<\/strong>,\u201d reports the <a href=\"https:\/\/www.ft.com\/content\/e822b784-071e-11e7-97d1-5e720a26771b\">Financial Times<\/a> (paywall).<\/p><p><strong>It could be a turbulent week on the global scene: <\/strong>It\u2019s a reasonably mellow (but not quiet) news day for Egypt, and it\u2019s hard not to hope that it remains that way for the rest of the week given it is shaping up to be a turbulent few days on the international front. Wednesday is D-Day. Look for global markets to be roiled by:<\/p><ul type=\"disc\">\n<li>The US Federal Reserve, when the Federal Open Markets Committee\u2019s two-day meeting ends on Wednesday. <a href=\"http:\/\/www.reuters.com\/article\/us-usa-economy-idUSKBN16H0KA\"><strong>Fed watchers expect a quarter-point rate hike<\/strong><\/a> \u2014 and for the FOMC to signal that more rate increases are in the works for this year. US rate hikes are generally not considered \u201cgood news\u201d for EM. (That first link is to Reuters. <a href=\"https:\/\/www.ft.com\/content\/f0b60502-05cc-11e7-ace0-1ce02ef0def9\">This piece in the Financial Times<\/a> is worth reading if you\u2019re a subscriber.)<\/li>\n<li>The United Kingdom, where Prime Minister Theresa May is expected to <strong>formally begin<\/strong><strong>the process of withdrawing from the European Union<\/strong> this month, with the <a href=\"https:\/\/www.theguardian.com\/politics\/2017\/mar\/12\/uk-may-trigger-article-50-to-leave-eu-as-early-as-this-week\">earliest date she could do so<\/a> being Tuesday. (Don\u2019t understand Article 50? <a href=\"http:\/\/www.telegraph.co.uk\/news\/0\/what-is-article-50-the-only-explanation-you-need-to-read\/\">The Independent<\/a> has got your back.)<\/li>\n<li><strong>Elections in the Netherlands<\/strong>, where the anti-Muslim party of <a href=\"https:\/\/www.ft.com\/content\/c2827010-03fd-11e7-aa5b-6bb07f5c8e12\">Geert Wilders<\/a>, who would pull the Netherlands out of the euro at a minimum, is now running a very close second to the incumbent PM\u2019s conservatives. Voters go to the polls Wednesday, and mainstream parties have promised not to form a coalition with Wilders.<\/li>\n<li><strong>The Donald is meeting Angela Merkel on Tuesday<\/strong>, setting up a sit-down between the standard bearer of a new global disorder (Mr. Trump, the self-styled capitalist) and the last defender of the liberal post-Second World War order (Ms. Merkel, the former East German). The meeting is set to take place the same day that a <strong><a href=\"http:\/\/www.zew.de\/en\/\">key German economic sentiment index<\/a><\/strong> is released, helping set the tone for this fall\u2019s election. Reuters has meeting coverage.<strong><\/strong><\/li>\n<\/ul><p>(<strong>Sidebar: <\/strong><a href=\"http:\/\/www.reuters.com\/article\/us-turkey-referendum-netherlands-idUSKBN16J0IU\"><strong>Turkey is having a little spat with the Netherlands<\/strong><\/a> after the Dutch refused to allow a wagonload of Turkish ministers to speak over the weekend to potential absentee voters in the Turkish referendum that would give Erdogan\u2019s office more power. Ever-restrained, Erdogan has taken to calling the Netherlands a \u201c<strong>banana republic<\/strong>\u201d and \u201c<strong>Nazis<\/strong>\u201d while his foreign minister has called the country \u201c<strong>fascist<\/strong>.\u201d Enjoy, Dutch people. We\u2019ve been there.)<\/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=\"649929\" 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 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href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/sensible-agriculture-policies-adopted-in-1-5-mn-feddan-project-comesa-looking-into-caf-bid-rigging-allegations\/\">\r\n                            Sensible agriculture policies adopted in 1.5 mn feddan project; COMESA looking into CAF bid-rigging allegations                        <\/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\/13\/sensible-agriculture-policies-adopted-in-1-5-mn-feddan-project-comesa-looking-into-caf-bid-rigging-allegations\/\" target=\"_blank\">\n                    Open in 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in 1.5 mn feddan project; COMESA looking into CAF bid-rigging allegations\">\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=Sensible+agriculture+policies+adopted+in+1.5+mn+feddan+project%3B+COMESA+looking+into+CAF+bid-rigging+allegations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fsensible-agriculture-policies-adopted-in-1-5-mn-feddan-project-comesa-looking-into-caf-bid-rigging-allegations%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\/13\/sensible-agriculture-policies-adopted-in-1-5-mn-feddan-project-comesa-looking-into-caf-bid-rigging-allegations\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649930\" class=\"content-area-description single-story post-649930 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>With Lamees El Hadidi and Amr Adib still off the air as Amr recovers from exhaustion, the talking heads offered up a mixed bag of nuts on the airwaves last night.<\/p>\n<p><strong>Taking over the reins at Kol Youm is Amr Adib\u2019s old airtime buddy, actress Ragaa El <\/strong><strong>Geddawy, who will be filling in until the host recovers, <\/strong>ONTV chief Amr Rizk <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325907\">tells Al Mal<\/a>.El Geddawy, who customarily hosts a light social segment of Adib\u2019s Sunday episode called Ask Ragaa<strong>, <\/strong>played a pre-recorded interview COMESA\u2019s competition watchdog George Lipimile, who is in town to investigate the Confederation of African Football\u2019s (CAF) alleged bid-rigging in granting broadcasting rights of CAF tournaments. Lipimile said the commission cannot definitively say whether CAF and Lagard\u00e8re Sports restrained competition until the investigation is complete (<a href=\"https:\/\/www.youtube.com\/watch?v=UiUO3AB5LoU\">watch<\/a>, runtime: 9:03).<\/p>\n<p><strong>Finally, agricultural policies that make sense:<\/strong> There will be no cultivation of sugar cane or rice on land from the 1.5 mn feddan desert reclamation project \u2014 the crops simply consume too much water, Egyptian Rural Development Company chairman Atter Hannoura told Masaa DMC\u2019s Eman El Hosary (<a href=\"https:\/\/www.youtube.com\/watch?v=S1WsdcsLrgs\">watch<\/a>, runtime: 4:04). The move follows the recommendation by FAO Director-General Jose Graziano da Silva over the weekend that the project needs to adopt sensible crops to grow at a time where the region and country could be suffering from major water shortages as a result of poor agricultural practices. (To say nothing of climate change and a certain dam upstream in, say, Ethiopia.)<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer hosted Deputy Housing Minister <\/strong>for urban development Ahmed Adel Darwish, who laid out the government\u2019s plan for the Maspero Triangle development project and the relocation of the area\u2019s current squatters. According to Darwish, families will be allowed to choose between purchasing residential units in Al Asmarat, to be paid off in monthly installments of EGP 300, or renting units in the Maspero area after the development is complete.<\/p>\n<p>Amer then moved on to discuss the <strong>garbage recycling initiative finally picking up steam in Egypt, <\/strong>with Kafr El Sheikh Governor El Sayed Nasr alleging the governorate beat Cairo to the punch, and first began buying solid waste from citizens seven months ago at an average of EGP 3,000 per tonne.<\/p>\n<p><strong>Director of the state-controlled Tahya Misr Fund Mohamed El Ashmawy<\/strong> told Al Hayah Al Youm\u2019s Lobna Assal that the fund is coordinating with the Social Solidarity Ministry to launch a housing project for street children (<a href=\"https:\/\/www.youtube.com\/watch?v=JM5YlA1iEXg\">watch<\/a>, runtime: 1:25), and has allocated some EGP 350 mn for Hepatitis C treatment (<a href=\"https:\/\/www.youtube.com\/watch?v=7WAVzI8RKao\">watch<\/a>, runtime: 1:30).<\/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=\"649931\" 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=\"649931\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/some-restaurants-exempt-from-vat-finance-ministry\/\">\r\n                            Some restaurants exempt from VAT -Finance Ministry                        <\/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\/13\/some-restaurants-exempt-from-vat-finance-ministry\/\" 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\/13\/some-restaurants-exempt-from-vat-finance-ministry\/')\">\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\/13\/some-restaurants-exempt-from-vat-finance-ministry\/\">\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=Some restaurants exempt from VAT -Finance Ministry&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/some-restaurants-exempt-from-vat-finance-ministry\/\">\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\/13\/some-restaurants-exempt-from-vat-finance-ministry\/&title=Some restaurants exempt from VAT -Finance Ministry\">\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=Some+restaurants+exempt+from+VAT+-Finance+Ministry+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fsome-restaurants-exempt-from-vat-finance-ministry%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\/13\/some-restaurants-exempt-from-vat-finance-ministry\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649931\" class=\"content-area-description single-story post-649931 post type-post status-publish format-standard hentry category-speed-round tag-enterpriseam tag-speed-round wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>Expect your corner koshary and ful shops to be exempt from VAT:<\/strong> The Finance Ministry issued a <a href=\"http:\/\/www.mof.gov.eg\/MOFGallerySource\/Arabic\/PDF\/82-2017.pdf\">directive<\/a> exempting some restaurants that typically serve-lower income groups from charging value-added tax (VAT) on food items served. Not part of this exemption are all franchises of international or domestic restaurants. Restaurants in shopping malls, tourist areas, airports, and gated residential compounds will also have to continue collecting the VAT, according to the directive. Also not exempted are restaurants serving food made from wheat (so no feteer \/ pizza, then?) or dough-based pastries as well as restaurants that charge their clientele extra for service \u201cor any other charges.\u201d Deputy Finance Minister Amr El Monayer, who had said <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/09\/finance-ministry-releases-vat-executive-regulations\/\">last week<\/a> to expect more guidance from the Ministry on the application of VAT, <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/releas-a-12-3-17.aspx\">says<\/a> the exemption comes in line with the social element of tax reform and the state\u2019s policy to protect those least well off. He reiterated that businesses with a turnover of less than EGP 500k a year remain exempt from VAT.<\/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=\"649948\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649949\" 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=\"649949\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/\">\r\n                            Global Riders close to completing Cape Town to Cairo bike ride                        <\/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\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/\" 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\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/')\">\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\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/\">\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=Global Riders close to completing Cape Town to Cairo bike ride&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/\">\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\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/&title=Global Riders close to completing Cape Town to Cairo bike ride\">\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=Global+Riders+close+to+completing+Cape+Town+to+Cairo+bike+ride+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fglobal-riders-close-to-completing-cape-town-to-cairo-bike-ride%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\/13\/global-riders-close-to-completing-cape-town-to-cairo-bike-ride\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649949\" class=\"content-area-description single-story post-649949 post type-post status-publish format-standard 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>Jealousy, we are thee: <\/strong>Global bike riding collective <a href=\"http:\/\/www.globeriders.com\/tours_pages\/tours_gcc17.shtml\">Global Riders<\/a> kicked-off in January an 11-person bike expedition from Cape Town to Cairo. The party, lead by veteran rider Helge Pedersen, has <a href=\"http:\/\/www.youm7.com\/story\/2017\/3\/12\/%D8%A8%D8%A7%D9%84%D8%B5%D9%88%D8%B1-%D9%88%D8%B5%D9%88%D9%84-%D8%B1%D8%AD%D8%A7%D9%84%D8%A9-%D9%86%D8%B1%D9%88%D9%8A%D8%AC%D9%89-%D9%88%D9%81%D8%B1%D9%8A%D9%82%D9%87-%D9%84%D9%84%D8%AF%D8%B1%D8%AC%D8%A7%D8%AA-%D8%A7%D9%84%D9%86%D8%A7%D8%B1%D9%8A%D8%A9-%D8%A7%D9%84%D8%BA%D8%B1%D8%AF%D9%82%D8%A9-%D9%84%D8%AA%D9%86%D8%B4%D9%8A%D8%B7-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AD%D8%A9\/3140553\">reached Hurghada<\/a> and is expected to hit Cairo on Saturday. Pederson had led a similar expedition back in 2012 and <a href=\"http:\/\/globeriders.com\/live!journal_pages\/gcc17_live!journal\/gcc17_main.shtml\">his images are spectacular despite their low resolution<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/image-of-the-day\/\">IMAGE OF THE DAY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649950\" 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=\"649950\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/\">\r\n                            El Sisi will always support state actors against non-state ones -Trager                        <\/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\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/\" 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\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/')\">\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\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/\">\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=El Sisi will always support state actors against non-state ones -Trager&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/\">\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\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/&title=El Sisi will always support state actors against non-state ones -Trager\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=El+Sisi+will+always+support+state+actors+against+non-state+ones+-Trager+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fel-sisi-will-always-support-state-actors-against-non-state-ones-trager%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\/13\/el-sisi-will-always-support-state-actors-against-non-state-ones-trager\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649950\" class=\"content-area-description single-story post-649950 post type-post status-publish format-standard hentry category-egypt-in-the-news tag-egypt-in-the-news tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>President Abdel Fattah El Sisi has not toed the GCC\u2019s \u201canti-Iranian line<\/strong><strong> in the region\u201d<\/strong> and is \u201cinstead following his own pattern of supporting state actors against non-state actors,\u201d <a href=\"http:\/\/www.washingtoninstitute.org\/policy-analysis\/view\/sisis-domesticated-foreign-policy?utm_term=Read%20this%20article%20on%20our%20website.&utm_campaign=Sisi%27s%20Domesticated%20Foreign%20Policy%20%28Trager%20%7C%20Caravan%29&utm_content=email&utm_source=Act-On+Software&utm_medium=email&cm_mmc=Act-On%20Software-_-email-_-Sisi%27s%20Domesticated%20Foreign%20Policy%20%28Trager%20%7C%20Caravan%29-_-Read%20this%20article%20on%20our%20website\">Eric Trager writes for the Washington Institute<\/a>. Trager says El Sisi views himself as \u201ca strongman combatting those who seek chaos, foremost among them the Muslim Brotherhood.\u201d He believes El Sisi will follow an \u201c\u2018Egypt first\u2019 playbook.\u201d<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egypt-in-the-news\/\">Egypt in the News<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649952\" 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=\"649952\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/\">\r\n                            Beecroft meets with shipping company reps in Port Said                        <\/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\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/\" 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\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/')\">\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\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/\">\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=Beecroft meets with shipping company reps in Port Said&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/\">\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\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/&title=Beecroft meets with shipping company reps in Port Said\">\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=Beecroft+meets+with+shipping+company+reps+in+Port+Said+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fbeecroft-meets-with-shipping-company-reps-in-port-said%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\/13\/beecroft-meets-with-shipping-company-reps-in-port-said\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649952\" class=\"content-area-description single-story post-649952 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>US Ambassador Stephen Beecroft visited Port Said over the weekend to meet with <\/strong><strong>Egyptian shipping company representatives <\/strong>regarding recurrent transits of the canal by US vessels. \u201cThe Suez Canal is a vital waterway that is crucial to the global economy and regional and international security \u2026 I am pleased to be here and to see firsthand the role it plays in global affairs. I appreciate the support of the Egyptian authorities in making this visit possible,\u201d Beecroft said in an <a href=\"https:\/\/eg.usembassy.gov\/promoting-collaboration-port-said\/\">embassy statement<\/a>. <strong>US naval vessels <\/strong><a href=\"http:\/\/www.washingtoninstitute.org\/policy-analysis\/view\/inside-the-complex-world-of-u.s.-military-assistance-to-egypt\"><strong>enjoy<\/strong><\/a><strong> priority access to the Suez Canal<\/strong>.<\/p>\n<p><strong>Egypt is committed to cooperating with Nile Basin countries to protect all countries\u2019 <\/strong><strong>water rights<\/strong>, President Abdel Fattah El Sisi told journalists from 25 African countries yesterday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12032017&id=4f976030-c4c1-4607-ac79-b5d719dc83d1\">Al Shorouk<\/a> reports. The journalists were in town to participate in a workshop organized by the Egyptian Agency of Partnership for Development, which is run by the Foreign Ministry.<\/p>\n<p><strong>Lebanese Prime Minister Saad Al Hariri will be heading a delegation of 40 companies <\/strong><strong>visiting Cairo on 22 March<\/strong> to discuss increasing Lebanese exports to Egypt to reach USD 1 bn from a current USD 700 mn, Egyptian-Lebanese Business Council member Fouad Hadraj said, <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/12\/991577\">Al Borsa<\/a> reports.<\/p>\n<p><strong>Egypt could benefit from Turkey\u2019s expertise in a number of industrial sectors, including <\/strong><strong>the auto industry,<\/strong> Chairman of the Egyptian-Turkish Business Council Mesut Toprak said, <a href=\"http:\/\/www.youm7.com\/story\/2017\/3\/12\/%D8%A8%D8%A7%D9%84%D8%B5%D9%88%D8%B1-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%A3%D8%B9%D9%85%D8%A7%D9%84-%D8%A7%D9%84%D8%AA%D8%B1%D9%83%D9%89-%D8%A3%D9%86%D9%82%D8%B1%D8%A9-%D8%A7%D9%84%D8%B3%D8%A7%D8%AF%D8%B3%D8%A9-%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A%D8%A7-%D8%A8%D8%B5%D9%86%D8%A7%D8%B9%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%88%D9%8A%D9%85%D9%83%D9%86%D9%86%D8%A7\/3140632\">Youm7<\/a> reports. The council convened yesterday for the first time in three years, with 11 Turkish companies in attendance.<\/p>\n<p><strong>The World Bank will disburse in April the first USD 12 mn tranche of its USD 500 mn loan <\/strong>to finance the Upper Egypt development program to the Qena governorate, World Bank Vice President for Global Practices Jan Walliser told Qena\u2019s governor yesterday, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1421271.aspx\">Ahram Gate<\/a> reports.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/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=\"649953\" 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=\"649953\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/\">\r\n                            EGAS natural gas imports down since start of 2017 thanks to higher output, lower consumption                        <\/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\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/\" 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\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/')\">\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\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/\">\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=EGAS natural gas imports down since start of 2017 thanks to higher output, lower consumption&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/\">\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\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/&title=EGAS natural gas imports down since start of 2017 thanks to higher output, lower consumption\">\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=EGAS+natural+gas+imports+down+since+start+of+2017+thanks+to+higher+output%2C+lower+consumption+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fegas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption%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\/13\/egas-natural-gas-imports-down-since-start-of-2017-thanks-to-higher-output-lower-consumption\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649953\" class=\"content-area-description single-story post-649953 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>EGAS has cut its imports of natural gas imports to five monthly shipments (equivalent to 700 mcf\/d) from eight (800 mcf\/d) since the beginning of 2017 thanks to rising domestic production and lower consumption, <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/12\/991441\">Al Borsa reports<\/a>. Imports will rise again to 1.4 bcf\/d in May when summertime demand kicks in, according to a top EGAS official. Domestic production is expected to increase to 5 bcf\/d from a current 4.5 bcf\/d by the second half of the year, before the Zohr field comes online.<\/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=\"649957\" 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=\"649957\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/wheat-reserves-to-double-after-local-harvest\/\">\r\n                            Wheat reserves to double after local harvest                        <\/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\/13\/wheat-reserves-to-double-after-local-harvest\/\" 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\/13\/wheat-reserves-to-double-after-local-harvest\/')\">\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\/13\/wheat-reserves-to-double-after-local-harvest\/\">\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=Wheat reserves to double after local harvest&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/wheat-reserves-to-double-after-local-harvest\/\">\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\/13\/wheat-reserves-to-double-after-local-harvest\/&title=Wheat reserves to double after local harvest\">\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=Wheat+reserves+to+double+after+local+harvest+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fwheat-reserves-to-double-after-local-harvest%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\/13\/wheat-reserves-to-double-after-local-harvest\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649957\" class=\"content-area-description single-story post-649957 post type-post status-publish format-standard hentry category-basic-materials-commodities tag-basic-materials-commodities tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Egypt\u2019s wheat reserves currently stand at over three mn tonnes and are set to double with the start of the local wheat harvest season in April, <a href=\"http:\/\/af.reuters.com\/article\/investingNews\/idAFKBN16J0A0-OZABS\">Reuters<\/a> reported, citing a Supply Ministry statement. The current wheat reserve level is enough to last at least four months, the statement said, adding that stocks of vegetable oils and rice stand at 3.5 and 3.6 months, respectively.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/basic-materials-commodities\/\">Basic Materials + Commodities<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649958\" 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=\"649958\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/rubex-to-complete-development-of-a-total-of-12-factories-by-the-end-of-2017\/\">\r\n                            Rubex to complete development of a total of 12 factories by the end of 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\/13\/rubex-to-complete-development-of-a-total-of-12-factories-by-the-end-of-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The factories will largely be self-financed, he tells <a href=\"http:\/\/www.dailynewsegypt.com\/2017\/03\/12\/rubex-will-start-develop-five-new-factories-second-half-2017\/\">Daily News Egypt<\/a>. The company is currently completing a complex of seven plants, which would bring its total facilities 18, according to a <a href=\"http:\/\/www.egx.com.eg\/downloads\/Bulletins\/199182_1.pdf\">regulatory filing<\/a>. The company is planning to export 30% of its goods, primarily to African markets, by FY2017, El Taher said, according to <a href=\"http:\/\/www.dostor.org\/1324645\">Al Dostor<\/a>.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649959\" 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=\"649959\">\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\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\">\r\n                            EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership                        <\/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\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\" 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\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/')\">\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\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\">\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 issues new regulations to organize transfer of unlisted securities\u2019 ownership&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\">\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\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/&title=EGX issues new regulations to organize transfer of unlisted securities\u2019 ownership\">\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+issues+new+regulations+to+organize+transfer+of+unlisted+securities%E2%80%99+ownership+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fegx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership%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\/13\/egx-issues-new-regulations-to-organize-transfer-of-unlisted-securities-ownership\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649959\" class=\"content-area-description single-story post-649959 post type-post status-publish format-standard hentry category-banking-finance tag-banking-finance tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The EGX has issued new regulations on the transfer of ownership of securities not listed on the stock exchange. The regulations outline the timeframe for traders to inform the EGX about over-the-counter (OTC) transactions and stipulates that brokerages keep all documents relating to OTC transactions for five years, according to an <a href=\"http:\/\/www.alborsanews.com\/app\/uploads\/2017\/03\/1489335495_848_1231367_392017.pdf?af6eb6\">EGX statement<\/a> published by Al Borsa.<\/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=\"649961\" 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=\"649961\">\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\">Other Business News of Note<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/\">\r\n                            Remittances from Egyptians in the UAE account for 4% of total remittance outflows -UAE central bank                        <\/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\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/\" 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\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/')\">\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\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/\">\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=Remittances from Egyptians in the UAE account for 4% of total remittance outflows -UAE central bank&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/\">\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\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/&title=Remittances from Egyptians in the UAE account for 4% of total remittance outflows -UAE central bank\">\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=Remittances+from+Egyptians+in+the+UAE+account+for+4%25+of+total+remittance+outflows+-UAE+central+bank+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fremittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank%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\/13\/remittances-from-egyptians-in-the-uae-account-for-4-of-total-remittance-outflows-uae-central-bank\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649961\" class=\"content-area-description single-story post-649961 post type-post status-publish format-standard hentry category-other-business-news-of-note tag-enterpriseam tag-other-business-news-of-note wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Remittance outflows from all expatriates in the UAE rose 8% year-on-year in 2016 to AED 161 bn, the UAE\u2019s central bank said, according <a href=\"http:\/\/www.alborsanews.com\/2017\/03\/12\/991781\">Al Borsa<\/a>. Egyptians accounted for 4% of total remittance outflows from the Emirates throughout the year, the central bank said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/other-business-news-of-note\/\">Other Business News of Note<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"649962\" 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=\"649962\">\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\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/\">\r\n                            EFSA issues set of precautionary measures to ban transactions from traders under investigation                        <\/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\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/\" 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\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/')\">\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\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=EFSA issues set of precautionary measures to ban transactions from traders under investigation&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/\">\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\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/&title=EFSA issues set of precautionary measures to ban transactions from traders under investigation\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=EFSA+issues+set+of+precautionary+measures+to+ban+transactions+from+traders+under+investigation+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fefsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation%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\/13\/efsa-issues-set-of-precautionary-measures-to-ban-transactions-from-traders-under-investigation\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649962\" class=\"content-area-description single-story post-649962 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 Egyptian Financial Supervisory Authority (EFSA) issued on Sunday precautionary measures the authority is allowed to take against brokers under investigation of stock manipulation and other violations. These measures include suspending transactions from brokers with repeated violations for a period of up to three months, while EFSA investigates the case. If the investigation implicates the broker and a case is brought to trial, the broker will be suspended until a verdict is reached, according to a <a href=\"http:\/\/www.efsa.gov.eg\/content\/efsa_ar\/efsa_news\/efsa_542.htm\">statement<\/a> from EFSA. the measures appear to backup changes an EGX decision taken <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/12\/egx-tightens-controls-on-harmful-activities-in-the-market-gives-chairman-right-to-suspend-trading\/\">last week<\/a> granting EGX Chairman Mohamed Omran the power to suspend brokers suspected of market manipulation for up to one month \u2014 something Omran <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/06\/egx-chief-given-power-to-suspend-traders-suspected-of-manipulation-for-up-to-one-month\/\">doth protest<\/a> has anything to do to with the case against Beltone shareholders being investigated for market manipulation.<\/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=\"649963\" 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=\"649963\">\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\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/\">\r\n                            Free Egyptians Party to hold leadership elections amid fracturing                        <\/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\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/\" 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\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/')\">\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\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/\">\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=Free Egyptians Party to hold leadership elections amid fracturing&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/\">\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\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/&title=Free Egyptians Party to hold leadership elections amid fracturing\">\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=Free+Egyptians+Party+to+hold+leadership+elections+amid+fracturing+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Ffree-egyptians-party-to-hold-leadership-elections-amid-fracturing%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\/13\/free-egyptians-party-to-hold-leadership-elections-amid-fracturing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649963\" class=\"content-area-description single-story post-649963 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>The Free Egyptians Party plans to hold elections on 24 March for party leader and has begun accepting nominations despite the party splintering after it ejected founder Naguib Sawiris, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1419812.aspx\">Ahram Gate<\/a> reports. The party\u2019s board members are reportedly solidly behind Sawiris, while current leader Essam Khalil holds the loyalty of the rank and file, the newspaper claims.<\/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=\"649964\" 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=\"649964\">\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\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/\">\r\n                            Allegations of CAF violating market competition laws are \u201cunsubstantiated\u201d -CAF                        <\/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\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/\" 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\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/')\">\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\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/\">\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=Allegations of CAF violating market competition laws are \u201cunsubstantiated\u201d -CAF&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/\">\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\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/&title=Allegations of CAF violating market competition laws are \u201cunsubstantiated\u201d -CAF\">\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=Allegations+of+CAF+violating+market+competition+laws+are+%E2%80%9Cunsubstantiated%E2%80%9D+-CAF+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fallegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf%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\/13\/allegations-of-caf-violating-market-competition-laws-are-unsubstantiated-caf\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649964\" class=\"content-area-description single-story post-649964 post type-post status-publish format-standard hentry category-_newspack_sports tag-enterpriseam tag-sports wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Egyptian Competition Authority\u2019s (ECA) allegations that the Confederation of African Football (CAF) offered Lagard\u00e8re Sports the exclusive right to air CAF competitions without allowing for a fair competition from other bidders are \u201cunsubstantiated,\u201d CAF said in a <a href=\"http:\/\/www.cafonline.com\/LinkClick.aspx?fileticket=N3QnDndQl5U%3d&portalid=0&language=en-US\">statement<\/a> yesterday. According to CAF, the Lagard\u00e8re Sports agreement was signed \u201cfollowing an extensive period of negotiations\u201d and the only other offer CAF received was \u201cmaterially and substantially inferior\u201d \u2014 and was presented 15 months after the Lagard\u00e8re agreement was approved. The ECA <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/05\/eca-refers-caf-bein-sports-to-prosecution-ahead-of-afcon\/\">had accused CAF President Issa Hayatou in January<\/a> of abusing his controlling position by reaching the agreement with Lagard\u00e8re Sports a year and a half prior to the expiry of the current one, violating market competition laws and harming the Egyptian economy. The Common Market for Eastern and Southern Africa\u2019s (COMESA) competition commission <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/28\/comesa-launches-antitrust-investigation-into-caf-lagardere-sports\/\">also launched an investigation last month<\/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\/sports\/\">sports<\/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=\"649965\" 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=\"649965\">\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\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/meet-six-of-our-best-and-brightest-igcse-students\/\">\r\n                            Meet six of our best and brightest IGCSE students                        <\/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\/13\/meet-six-of-our-best-and-brightest-igcse-students\/\" 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\/13\/meet-six-of-our-best-and-brightest-igcse-students\/')\">\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\/13\/meet-six-of-our-best-and-brightest-igcse-students\/\">\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=Meet six of our best and brightest IGCSE students&url=https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/meet-six-of-our-best-and-brightest-igcse-students\/\">\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\/13\/meet-six-of-our-best-and-brightest-igcse-students\/&title=Meet six of our best and brightest IGCSE students\">\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=Meet+six+of+our+best+and+brightest+IGCSE+students+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F03%2F13%2Fmeet-six-of-our-best-and-brightest-igcse-students%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\/13\/meet-six-of-our-best-and-brightest-igcse-students\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1206.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"649966\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/meet-six-of-our-best-and-brightest-igcse-students\/1206-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1206.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1206.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1206.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/3\/1206.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649965\" class=\"content-area-description single-story post-649965 post type-post status-publish format-standard has-post-thumbnail hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Meet six of our best and brightest IGCSE students:<\/strong> The British Council and Cambridge International Examinations honored six Egyptian students who scored the highest grades internationally on the IGCSE maths, physics, sociology, accounting, French, travel and tourism, according to <a href=\"https:\/\/www.facebook.com\/BritishCouncilEgypt\/posts\/1408873992467486\">a statement<\/a>. The six achievers are (from left to right): Rawan Mokhtar (math), Nayer Sanad (accounting), Mohamed Tawfik (physics), Salma El Toukhy (travel and tourism), Fagr Fathy (sociology), Yara Hamed (French). The ceremony last Thursday also celebrated the academic achievements of 122 secondary school learners\u2019 awards in the 2016 Cambridge IGCSE and International AS and A Level exams, including 83 awards in Cairo and 39 awards in Alexandria.<\/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=\"649970\" 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=\"649970\">\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\">THE MARKETS YESTERDAY<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/13\/by-the-numbers-90\/\">\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\/13\/by-the-numbers-90\/\" 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\/13\/by-the-numbers-90\/')\">\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\/13\/by-the-numbers-90\/\">\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\/13\/by-the-numbers-90\/\">\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\/13\/by-the-numbers-90\/&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%2F13%2Fby-the-numbers-90%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\/13\/by-the-numbers-90\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649970\" class=\"content-area-description single-story post-649970 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 17.6318 | Sell 17.7418<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> (Sunday): 12,919.90 (+0.52%)<br \/>\n <strong>Turnover:<\/strong> EGP 870.1 mn (100% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.66%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 ended Sunday\u2019s session, up 0.52%. Index heavyweight CIB 2.01%. The market\u2019s top performing constituents were: Rowad Tourism up 10.0%, National Co. for Maize Products up 9.98%, and National Cement up 8.24%. Yesterday\u2019s worst performing stocks included Saudi Egyptian Investment & Finance down 7.32%, Universal Packaging Materials (Unipack) down 7.19%, and Juhayna Food Industries down 6.38%. The market turnover was EGP 870.1 million, and local investors were the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +23.2 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +48.4 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -71.6 mn<\/p>\n<p><strong>Retail<\/strong>: 69.3% of total trades | 70.2% of buyers | 69.4% of sellers<br \/>\n <strong>Institutions<\/strong>: 30.7% of total trades | 29.8% of buyers | 30.6% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 12.27% of total | 19.1% of buyers | 5.4% of sellers<br \/>\n <strong>Regional:<\/strong> 8.55% of total | 5.8% of buyers | 11.3% of sellers<br \/>\n <strong>Domestic:<\/strong> 79.18% of total | 75.1% of buyers | 83.3% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 48.09 (-0.82%)<br \/>\n <strong>Brent:<\/strong> USD 51.03 (-0.66%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.08 MMBtu, (+2.29%, April 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,204.40 \/ troy ounce (+0.25%)<\/p>\n<p><strong>TASI:<\/strong> 6,834.1 (-1.2%) (YTD: -5.2%)<br \/>\n <strong>ADX:<\/strong> 4,436.4 (-0.5%) (YTD: -2.4%)<br \/>\n <strong>DFM:<\/strong> 3,480.9 (-1.1%) (YTD: -1.4%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 420.9 (-0.4%) (YTD: +10.7%)<br \/>\n <strong>QE:<\/strong> 10,491.2 (+0.2%) (YTD: +0.5%)<br \/>\n <strong>MSM:<\/strong> 5,741.2 (-0.9%) (YTD: -0.7%)<br \/>\n <strong>BB: <\/strong>1,366.0 (+0.9%) (YTD: +11.9%)<\/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=\"649971\" 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\/13\/649971\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-649971\" class=\"content-area-description single-story post-649971 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>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>25-26 April (Tuesday-Wednesday): <a href=\"http:\/\/events.newenergyupdate.com\/mena\/\">MENA New Energy<\/a> conference, Hyatt Regency, Dubai.<\/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":649927,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-649926","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ca18e7af-7092-4674-b86e-fc9342dd75fc","teaser":"","photo_url":"https:\/\/ent.news\/2017\/3\/1741.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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