{"id":651436,"date":"2017-02-13T04:04:43","date_gmt":"2017-02-13T04:04:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=651436"},"modified":"2025-12-17T23:25:40","modified_gmt":"2025-12-17T23:25:40","slug":"house-engages-in-magical-thinking-on-subsidies-demands-electricity-price-hike-be-pushed-back-a-year","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/house-engages-in-magical-thinking-on-subsidies-demands-electricity-price-hike-be-pushed-back-a-year\/","title":{"rendered":"House engages in magical thinking on subsidies, demands electricity price hike be pushed back a year"},"content":{"rendered":"<section id=\"651438\" 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=\"651438\">\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\/02\/13\/what-were-tracking-on-13-february-2017\/\">\r\n                            What we\u2019re tracking on 13 February 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\/02\/13\/what-were-tracking-on-13-february-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\/02\/13\/what-were-tracking-on-13-february-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\/02\/13\/what-were-tracking-on-13-february-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 February 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/what-were-tracking-on-13-february-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\/02\/13\/what-were-tracking-on-13-february-2017\/&title=What we\u2019re tracking on 13 February 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+February+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fwhat-were-tracking-on-13-february-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\/02\/13\/what-were-tracking-on-13-february-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651438\" class=\"content-area-description single-story post-651438 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<p><strong>Will we see the new cabinet lineup today? <\/strong>The House of Representatives will vote on the composition of the next Council of Ministers in plenary session tomorrow, MP Moustafa Bakry tells MBC Misr 2\u2019s Sabahak Masry. If MPs were to reject the lineup, Prime Minister Sherif Ismail would have the option of shuffling the deck once more or sticking with the current cabinet. Ismail was reportedly in meetings with President Abdel Fattah El Sisi to agree on the final list yesterday, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12022017&id=2d9e98a8-6e3a-40f6-be6f-c807c243f734\">Al Shorouk<\/a> reports.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a><strong>Finance Minister Amr El-Garhy expects inflation to peak by the end of 1Q17<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-12\/surging-egypt-inflation-may-soon-peak-finance-minister-says\">Bloomberg<\/a>reports. In an interview with Bloomberg TV on the sidelines of the Second Arab Fiscal Forum in Dubai, El Garhy said, \u201cIt is all resulting from supply shocks rather than demand driven kind of inflation. We knew that this is still peaking when it comes to inflation, we expect this to happen.\u201d Headline inflation <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/12\/headline-inflation-at-highest-level-since-egp-float\/\">rose to 29.6% last month<\/a>, according to state statistics agency CAPMAS.<\/p>\n<p>El Garhy is right \u2014 which brings us to one of the smartest guys we know, who growled at us yesterday that <strong>year-on-year inflation is meaningless \u2014 we should all be looking at month-on-month right now<\/strong>. We think he has a point. The one-time shock to the system that was devaluation on 3 November is a breakpoint that makes y-o-y comparisons essentially meaningless until November 2017.<\/p>\n<p>Also in Dubai yesterday, <strong>Egypt\u2019s value-added tax (VAT) and reform program received props from IMF Director Christine Lagarde<\/strong>, who spoke about the need for more focused tax policies and diverse revenue streams to really aid GDP growth in the region, according to <a href=\"http:\/\/gulfnews.com\/business\/economy\/revenue-reforms-key-to-fiscal-stability-in-the-region-lagarde-1.1976856\">Gulf News<\/a>. \u201cEgypt, for example, last year approved the replacement of the old general sale tax with a new VAT,\u201d Lagarde said. \u201cOnce fully implemented, the new VAT will raise 1.5% of GDP more in revenue than the old tax.\u201d <a href=\"http:\/\/www.imf.org\/en\/News\/Articles\/2017\/02\/12\/Generating-Public-Revenue-to-Build-Resilient-Economies\">Tap here for the full text<\/a> of Lagarde\u2019s speech at the Forum yesterday.<\/p>\n<p>Finally, <strong>Dubai\u2019s ruler Sheikh Mohammed bin Rashid Al Maktoum praised UAE\u2019s special relations with Egypt<\/strong> at the World Government Summit held concurrently with the fiscal forum yesterday, describing the latter as \u201c<strong>the heart and soul of the Arab world<\/strong>,\u201d <a href=\"http:\/\/www.arabnews.com\/node\/1053511\/middle-east\">Arab News<\/a> reports.<\/p>\n<p><strong>An annual exercise in group self-pleasure by and for music industry hacks \u2014 commonly known as \u201cthe Grammys\u201d<\/strong> \u2014 took place last night. Yes, rock n\u2019 roll is still dead (in the mind of industry execs, at least), but hip-hop is slowly catching up, as Drake\u2019s horrendous Hotline Bling beat out newcomer Chance the Rapper\u2019s No Problem for Best Rap Song. You can catch the <a href=\"https:\/\/www.theguardian.com\/music\/live\/2017\/feb\/12\/grammys-2017-live-news\">Guardian\u2019s live blog<\/a> for the rest.<\/p>\n<p><strong>\u2018Tis the day before Valentine\u2019s Day. <\/strong>Please tell us you\u2019re not <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/80151370\">staying home on red silk sheets with Michael Bolton<\/a> on Netflix. It\u2019s meant to be a comedy, <a href=\"https:\/\/www.wired.com\/2017\/02\/michael-bolton-netflix-valentines-special\/\">Wired tells us<\/a>, which suggests it may be safer to read about it than to watch it. As one of our former colleagues was wont to say: <strong>That which has been seen cannot be unseen. <\/strong>On a perhaps more serious note: You may wish to give thought to a gift for your partner; forwarding a link to the Michael Bolton special on El Whats does not count.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-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=\"651439\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n           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src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240923.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/efghldg.com\/en\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27488.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Realize More<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-95vaal7\" data-v=\"4\" data-block-id=\"95vaal7\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-95vaal7-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-95vaal7-inner-blocks\">\r\n            <div 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class=\"stk-block-content stk-inner-blocks stk-0bs0wro-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240925.png?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/weareinfinity.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/27483.png?fit=300%2C300&#038;ssl=1\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Powering with nature<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-8yrtf1n\" data-v=\"4\" data-block-id=\"8yrtf1n\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-8yrtf1n-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-8yrtf1n-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240926.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.qalaaholdings.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/110691.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Driving growth<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div 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272.971L91.132 467.314c-9.373 9.373-24.569 9.373-33.941 0l-22.667-22.667c-9.357-9.357-9.375-24.522-.04-33.901L188.505 256 34.484 101.255c-9.335-9.379-9.317-24.544.04-33.901l22.667-22.667c9.373-9.373 24.569-9.373 33.941 0L285.475 239.03c9.373 9.372 9.373 24.568.001 33.941z\"><\/path><\/svg><\/button><\/div><\/div><div class=\"stk-block-carousel__dots\" role=\"list\" data-label=\"Slide %%d\"><\/div><\/div><\/div>\r\n        <\/div>\r\n<\/section> \r\n\r\n\n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651440\" 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=\"651440\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We\u2019re Tracking This Week<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/what-were-tracking-this-week-206\/\">\r\n                            What we\u2019re tracking this week                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/what-were-tracking-this-week-206\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n        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              WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/what-were-tracking-this-week-206\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651440\" class=\"content-area-description single-story post-651440 post type-post status-publish format-standard hentry category-what-were-tracking-this-week tag-enterpriseam tag-what-were-tracking-this-week wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>New UN secretary general to visit El Sisi: <\/strong>Newly-appointed UN Secretary General Ant\u00f3nio Guterres (the former prime minister of Portugal and former UN refugee boss), will be visiting Egypt, Qatar, Oman and the UAE as part of his Middle East tour, <a href=\"http:\/\/uk.reuters.com\/article\/uk-un-mideast-sg-idUKKBN15Q015\">Reuters<\/a> reports. <a href=\"http:\/\/www.un.org\/apps\/news\/story.asp?NewsID=56155#.WKEXYqJ96Rs\">He was in KSA yesterday<\/a>, and we can\u2019t for the life of us find a reference to when he\u2019s expected in Egypt: The <a href=\"https:\/\/www.un.org\/sg\/en\/content\/sg\/appointments-secretary-general\">UNSG\u2019s appointments page<\/a> simply notes that from 9-20 February, Guterres is in the Middle East and is then due to hit a G20 ministerial summit in Bonn. It appears from the schedule that Egypt is the final stop on the Middle East leg.<\/p>\n<p><strong>The Central Bank of Egypt\u2019s Monetary Policy Committee will meet this Thursday (16 February) <\/strong>to review rates. Pharos Holding <a href=\"https:\/\/enterprise.press\/2017\/02\/13\/pharos-holding-egypt-mpc-watch-expect-mpc-hold-rates-unchanged\/\">said in a research note<\/a> yesterday it expects the CBE to leave rates on hold.<\/p>\n<p>The <a href=\"http:\/\/www.egyps.com\/\"><strong>Egypt Petroleum Show Egyps 2017<\/strong><\/a><strong> will take place on Tuesday, 14 February<\/strong> at the Cairo International Convention Center, Nasr City.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-this-week\/\">What We\u2019re Tracking This Week<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651441\" 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=\"651441\">\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\">ON THE HORIZON<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/on-the-horizon-256\/\">\r\n                            On the horizon                        <\/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\/02\/13\/on-the-horizon-256\/\" 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\/02\/13\/on-the-horizon-256\/')\">\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\/02\/13\/on-the-horizon-256\/\">\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=On the horizon&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/on-the-horizon-256\/\">\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\/02\/13\/on-the-horizon-256\/&title=On the horizon\">\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=On+the+horizon+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fon-the-horizon-256%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\/02\/13\/on-the-horizon-256\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651441\" class=\"content-area-description single-story post-651441 post type-post status-publish format-standard hentry category-on-the-horizon tag-enterpriseam tag-on-the-horizon wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Egypt, welcome to the 1950s:<\/strong> It looks like we\u2019ve made it to the nuclear age, with the Electricity Ministry expected to <strong>officially announce and discuss the details of the USD 25 bn Daba\u2019a nuclear power plant<\/strong> in a conference from the site of the plant in Matrouh on Saturday 25 February, <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/12\/%d8%ad%d9%88%d8%a7%d8%b1-%d9%85%d8%ac%d8%aa%d9%85%d8%b9%d9%89-%d8%a8%d9%80-%d8%a7%d9%84%d8%b6%d8%a8%d8%b9%d8%a9-%d9%84%d9%84%d8%a5%d8%b9%d9%84%d8%a7%d9%86-%d8%b9%d9%86-%d8%a7%d9%84%d9%85\/\">Al Borsa<\/a> reports. The ministry is holding several meetings with representatives of Russia\u2019s Rosatom this week to discuss the final details of the contracts for the project, which should be <strong>finalized during March and signed shortly after. <\/strong>The announcement will be accompanied by the standard \u201cnational dialogue,\u201d where the ministry will meet with members of parliament and other groups to discuss the project.<\/p>\n<p><strong>Our take: <\/strong>If contracts for Daba\u2019a are finalized <strong>and <\/strong>signed in March, look for an announcement on the resumptions of flights to Egypt from Russia shortly thereafter.<\/p>\n<p><strong>Sound smart:<\/strong> The first nuclear power plant to produce electricity for commercial use was <a href=\"https:\/\/www.euronuclear.org\/info\/encyclopedia\/n\/nuclear-power-plant-world-wide.htm\">APS-1 in Obninsk, USSR<\/a>. The plant came online on 26 June 1954.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-horizon\/\">ON THE HORIZON<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651442\" 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=\"651442\">\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\">Enterprise+: Last Night\u2019s Talk Shows<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\">\r\n                            Lamees still on the exchange rate; Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here                        <\/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\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\" 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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Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\">\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\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/&title=Lamees still on the exchange rate; Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Lamees+still+on+the+exchange+rate%3B+Pharma+wants+you+to+know+more+price+hikes+are+coming%3B+Adib+wants+to+know+how+difficult+is+it+making+cooking+oil+here+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Flamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here%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\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651442\" class=\"content-area-description single-story post-651442 post type-post status-publish format-standard hentry category-enterprise-last-nights-talk-shows tag-enterprise-last-nights-talk-shows tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>Hona Al Assema\u2019s Lamees Al Hadidi appears to not be listening to guests who keep telling her not to obsess on the exchange rate<\/strong>, choosing this as her main topic of the evening.<\/p>\n<p><strong>CI Capital\u2019s Hany Farahat said that despite the EGP\u2019s appreciation, it is still hard to forecast the exchange rate on the short term<\/strong>. (Shocking, no?) He expects exchange rate volatility to temper in May or June (<a href=\"https:\/\/www.youtube.com\/watch?v=CguYBe6SMWM\">watch<\/a>, runtime: 2:13). Federation of Egyptian Chambers of Commerce secretary general Alaa Ezz told Lamees that the EGP will stabilize at between EGP 14-17 by June and between EGP 13-14 by the end of 2017. Responding to a question on when the prices of goods in the market will consequently decrease, <strong>Ezz expects it will take the market three months to respond to the decline in the exchange rate<\/strong>. \u201cWe also have to keep in mind that there was substantial demand for the USD in December and January as foreign companies were transferring their profits out of the country,\u201d he said.<\/p>\n<p>The episode then shifted to pharma, with the industry\u2019s rep at the Federation of Egyptian Industries reminding Lamees that <strong>the Health Ministry promised big pharma it would consider raising prices of meds again in August<\/strong> to adapt to any changes to the exchange rate.<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib started his episode by criticizing Egypt\u2019s need to import all of its the cooking oil<\/strong>, and asking what is so complex about manufacturing cooking oil in Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=Bm1sLNz2-SA\">watch<\/a>, runtime: 5:28). Please, God, grant us patience.<\/p>\n<p>Adib also joined House MPs in <strong>calling for Electricity Minister Mohamed Shaker to delay new electricity price increases<\/strong> to the following July (<a href=\"https:\/\/www.youtube.com\/watch?v=2ELYHmcEHsA\">watch:<\/a> runtime: 7:23).<\/p>\n<p><strong>Amr then aired a report on the New Administrative Capital<\/strong>, where land tenders launched yesterday. Mohamed Abdel Maqsoud, head of the New Capital City Council, said that half of the 700 homes slated for construction have already been completed. A total of 24,500 buildings are planned for the city, said Maqsoud, adding that the new capital will be connected to four metro lines (<a href=\"https:\/\/www.youtube.com\/watch?v=_SGIWDymVMQ\">watch<\/a>, runtime: 6:28).<\/p>\n<p><strong>Yahduth Fi Masr\u2019s Sherif Amer spoke with House Deputy Speaker Soliman Wahdan<\/strong> on the delays in reaching a final list of candidates in the upcoming cabinet shuffle. Wahdan speculates that the Prime Minister is still negotiating with potential candidates, adding that the House will vote on the whole lineup, not on individual ministers.<\/p>\n\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=\"651443\" 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=\"651443\">\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\">Speed Round<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/\">\r\n                            Foreign investors scoop Egyptian debt, bring rates down                        <\/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\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/\" 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\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/')\">\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\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/\">\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=Foreign investors scoop Egyptian debt, bring rates down&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/\">\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\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/&title=Foreign investors scoop Egyptian debt, bring rates down\">\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=Foreign+investors+scoop+Egyptian+debt%2C+bring+rates+down+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fforeign-investors-scoop-egyptian-debt-bring-rates-down%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\/02\/13\/foreign-investors-scoop-egyptian-debt-bring-rates-down\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651443\" class=\"content-area-description single-story post-651443 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>Reason #321 to be optimistic about the outlook for the economy: <strong>Foreign investors bought 97.5-98.5% of the T-bills Egypt sold on Thursday<\/strong>, Samy Khallaf, head of the public debt department at the Finance Ministry, told <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-10\/foreigners-buy-bulk-of-egyptian-treasuries-at-latest-auction\">Bloomberg<\/a>. The demand pulled the average yield on the six-month T-bills by almost 200 bps, the most on record, according to data compiled by Bloomberg. The average yield on one-year securities dropped by 187 bps as well. This adds to the evidence that \u201cconfidence in the economy is growing\u201d after the EGP float, Bloomberg\u2019s Ahmed Feteha writes.<\/p>\n<p><strong>The drop continued on Sunday<\/strong> as the treasury auction saw rates on 266-day bills drop by nearly 292 bps as well, according to <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/12\/%D8%B9%D8%A7%D8%AC%D9%84-3-%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9%D8%A7-%D9%81%D9%89-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%81%D8%A7%D8%A6%D8%AF%D8%A9-%D8%B9%D9%84%D9%89-%D8%A3%D8%B0%D9%88%D9%86-266\/\">Al Borsa<\/a>, with foreign investors buying EGP 2.4 bn worth of 91-day and 266-day bills. \u201cThis decline in yields follows a previous decline so <strong>it's a big drop and this is mainly from foreign investor interest\u2026 For foreigners these rates don't exist anywhere else<\/strong>,\" one banker told <a href=\"http:\/\/in.reuters.com\/article\/egypt-treasury-bills-idINL8N1FX0G6\">Reuters<\/a>.<strong> Another banker expects the rate decrease to continue<\/strong>, saying \u201cthe decline in yields is rapid and aggressive and I believe it can continue. Historically foreign investors used to buy Egyptian local debt since the previous managed float and yields used to drop below the corridor rate.\u201d<\/p>\n<p><strong>\u2026Egypt\u2019s economy is being \u201coverhauled\u201d and investors are betting on an earnings recovery and taking advantage of cheaper USD-based valuations<\/strong>, John Sfakianakis, director of economic research at the Gulf Research Centre in Riyadh, writes for <a href=\"http:\/\/www.thenational.ae\/business\/economy\/egypt-shows-early-signs-of-economic-turnaround#full\">The National<\/a>. \u201cEgypt is taking the necessary steps to improve its economy, and slowly signs are emerging that this effort is paying off,\u201d he writes. Sfakianakis expects the government to \u201ctighten Egypt\u2019s fiscal position, improve the business environment and liberalise the economy\u201d within the next few months.<\/p>\n\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=\"651453\" 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=\"651453\">\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\">THE MACRO PICTURE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/\">\r\n                            Turkey is out of favour with funds, oil and gas discoveries at 60-year low                        <\/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\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/\" 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\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/')\">\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\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/\">\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=Turkey is out of favour with funds, oil and gas discoveries at 60-year low&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/\">\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\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/&title=Turkey is out of favour with funds, oil and gas discoveries at 60-year low\">\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=Turkey+is+out+of+favour+with+funds%2C+oil+and+gas+discoveries+at+60-year+low+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fturkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low%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\/02\/13\/turkey-is-out-of-favour-with-funds-oil-and-gas-discoveries-at-60-year-low\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651453\" class=\"content-area-description single-story post-651453 post type-post status-publish format-standard hentry category-the-macro-picture tag-enterpriseam tag-the-macro-picture wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Oil and gas discoveries are at a 60-year low<\/strong>, with the Zohr gasfield discovered off Egypt\u2019s shore in 2015 being the most recent giant discovery, the <a href=\"https:\/\/www.ft.com\/content\/441d0184-f13f-11e6-8758-6876151821a6\">Financial Times<\/a> reports. As large fields have become more difficult to find, many companies are putting exploration on ice, pushing the number of oil and gas discoveries in 2016 to 174, down from a previous average of 400-500 per year. The downward trend \u201creflects both the cyclical cuts made by companies struggling to stay afloat after the drop in oil and gas prices since 2014, and the structural shift in the industry towards onshore shale and similar reserves, especially in North America.\u201d However, <strong>this year could see exploration activity recovering slightly<\/strong>, as several wells planned around the world have high potentials for discovery.<\/p>\n<p><strong>Fund managers don\u2019t like you, Erdogan: <\/strong>Brazil and Russia are in and Turkey is out in a survey of 16 fairly high-profile emerging market investors <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-12\/brazil-russia-favored-in-emerging-market-survey-china-dodged\">carried out by Bloomberg<\/a>. Turkey\u2019s economic outlook and vulnerability to both US Fed rate hikes and political instability (among other factors) all come in at or near the bottom of 10 markets included in the poll.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/the-macro-picture\/\">THE MACRO PICTURE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651454\" 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=\"651454\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/\">\r\n                            The worldview of the person setting Middle East policy for the US is \u201cconfused\u201d                        <\/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\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/\" 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\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/')\">\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\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=The worldview of the person setting Middle East policy for the US is \u201cconfused\u201d&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/\">\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\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/&title=The worldview of the person setting Middle East policy for the US is \u201cconfused\u201d\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=The+worldview+of+the+person+setting+Middle+East+policy+for+the+US+is+%E2%80%9Cconfused%E2%80%9D+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fthe-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused%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\/02\/13\/the-worldview-of-the-person-setting-middle-east-policy-for-the-us-is-confused\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651454\" class=\"content-area-description single-story post-651454 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>US Army Colonel Derek Harvey has been handed the job of running Middle East policy for the Trump administration<\/strong>, <a href=\"http:\/\/www.salon.com\/2017\/02\/12\/middle-east-column-tk\/\">Steven A. Cook writes in Salon<\/a>. He says Harvey has more mainstream views on Islam than national security advisor Michael Flynn, \u201cbut he still has strange baggage.\u201d Cook points to what he claims is Harvey\u2019s insistence on using phrases like \u201cradical Islamic extremism\u201d and \u201cmilitant Islam,\u201d his shifting stance on Saudi Arabia, and his views on Turkey. He adds, \u201c<strong>Harvey seems to like Sisi, lauding the Egyptian leader for his public stance opposing extremism<\/strong> \u2014 something the American right gives Sisi too much credit for and the American left too little,\u201d but Cook is of the opinion that \u201cEgypt is not the regional force for stability it once was, even if, like Harvey, one sees the world almost entirely in terms of the fight against Islamist extremism.\u201d He believes Harvey\u2019s underlying ideas about how to achieve US foreign policy goals are either \u201cconfused, uninformed or burdened with unhelpful ideology.\u201d<\/p>\n<p><strong>And speaking of national security advisor Michael Flynn:<\/strong> The latest parlor game of liberal media outlets in the US is to interpret Donald Trump\u2019s apparent silence as indicating that Flynn is soon to be thrown under the bus for talking with Russia before Trump took office. Case in point: The Washington Post\u2019s \u201c<a href=\"https:\/\/www.washingtonpost.com\/politics\/as-flynn-falls-under-growing-pressure-over-russia-contacts-trump-remains-silent\/2017\/02\/12\/2b58f31e-f15e-11e6-b9c9-e83fce42fb61_story.html?hpid=hp_hp-top-table-main_flynn%3Ahomepage%2Fstory&utm_term=.5783cac4f484\">As Flynn falls under growing pressure over Russia contacts, Trump remains silent<\/a>.\u201d<\/p>\n\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=\"651458\" 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=\"651458\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">On Deadline<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/why-are-we-begging-for-tourism-to-return\/\">\r\n                            Why are we begging for tourism to return?                        <\/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\/02\/13\/why-are-we-begging-for-tourism-to-return\/\" 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\/02\/13\/why-are-we-begging-for-tourism-to-return\/')\">\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\/02\/13\/why-are-we-begging-for-tourism-to-return\/\">\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=Why are we begging for tourism to return?&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/why-are-we-begging-for-tourism-to-return\/\">\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\/02\/13\/why-are-we-begging-for-tourism-to-return\/&title=Why are we begging for tourism to return?\">\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=Why+are+we+begging+for+tourism+to+return%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fwhy-are-we-begging-for-tourism-to-return%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\/02\/13\/why-are-we-begging-for-tourism-to-return\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651458\" class=\"content-area-description single-story post-651458 post type-post status-publish format-standard hentry category-on-deadline tag-enterpriseam tag-on-deadline wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>Why are we bending over backwards to bring back tourism? (Or: Quite possibly the dumbest op-ed AMAY has ever run.)<\/strong> In return for complying with other countries\u2019 demands to beef up security in order to lift travel warnings, Egypt should set its own terms and conditions for returning tourists, Abbas El Tarabily \u2014 who has never heard of the term \u2018buyer\u2019s market\u2019 in his life \u2014 writes in an op-ed for <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1088081\">Al Masry Al Youm<\/a> that suggests he needs to be briefed on what the lack of tourism has done to the economy. El Tarabily says we should immediately hike the prices of hotel rooms and all touristic activities, as the prices currently in place are among the lowest worldwide. Somebody please explain to him the basics of supply and demand.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-deadline\/\">On Deadline<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651459\" 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=\"651459\">\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\">Image of the Day<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/\">\r\n                            MoMA protests Trump\u2019s order by displaying artwork by artists from banned countries                        <\/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\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/\" 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\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/')\">\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\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/\">\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=MoMA protests Trump\u2019s order by displaying artwork by artists from banned countries&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/\">\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\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/&title=MoMA protests Trump\u2019s order by displaying artwork by artists from banned countries\">\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=MoMA+protests+Trump%E2%80%99s+order+by+displaying+artwork+by+artists+from+banned+countries+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fmoma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries%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\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/236.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"651460\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/moma-protests-trumps-order-by-displaying-artwork-by-artists-from-banned-countries\/236-jpg-18\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/236.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"236.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/236.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/236.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651459\" class=\"content-area-description single-story post-651459 post type-post status-publish format-standard has-post-thumbnail hentry category-image-of-the-day tag-enterpriseam tag-image-of-the-day wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>The Museum of Modern Art (MoMA) in New York responded to when President Donald Trump ordered ban on citizens of seven majority-Muslim countries from entering the United States by installing a dozen works by artists from those countries.<\/strong> The displayed artwork, according to <a href=\"http:\/\/www.artnews.com\/2017\/02\/03\/in-elegant-riposte-to-trumps-travel-order-moma-installs-works-by-artists-from-banned-muslim-countries\/\">Art News<\/a>, includes work by \u201cthe late Iraqi-born architect Zaha Hadid, the Sudanese master Ibrahim El-Salahi, and the young Iranian painter Tala Madani,\u201d in the galleries devoted to MoMA\u2019s permanent collection. Pictured above is El-Salahi\u2019s 1964 piece The Mosque, which went on display. Alongside each artwork, MoMA placed a placard reading: \u201c<strong>This work is by an artist from a nation whose citizens are being denied entry into the United States<\/strong>, according to a presidential executive order issued on January 27, 2017. This is one of several such artworks from the Museum\u2019s collection installed throughout the fifth-floor galleries to affirm the ideals of welcome and freedom as vital to this Museum, as they are to the United States.\u201d Art News says \u201c<strong>acting quickly and wisely, MoMA has managed a feat that is far too rare in the museum world: it has made its collection a living, breathing thing, responsive to current events, and ready to educate and challenge visitors<\/strong>. Artworks have unique powers\u2014the ability to transmit complex ideas instantaneously, to highlight unseen histories, and to question the status quo. MoMA is letting those powers get to work.\u201d<\/p>\n\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=\"651461\" 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=\"651461\">\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\">Worth watching<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/\">\r\n                            US mistakenly plays Nazi anthem at Tennis Fed Cup                        <\/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\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/\" 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\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/')\">\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\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US mistakenly plays Nazi anthem at Tennis Fed Cup&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/\">\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\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/&title=US mistakenly plays Nazi anthem at Tennis Fed Cup\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US+mistakenly+plays+Nazi+anthem+at+Tennis+Fed+Cup+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fus-mistakenly-plays-nazi-anthem-at-tennis-fed-cup%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\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/408.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"651462\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/us-mistakenly-plays-nazi-anthem-at-tennis-fed-cup\/408-jpg-22\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/408.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"408.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/408.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2017\/2\/408.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651461\" class=\"content-area-description single-story post-651461 post type-post status-publish format-standard has-post-thumbnail hentry category-worth-watching tag-enterpriseam tag-worth-watching wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>US mistakenly plays banned-in-Germany Nazi-era anthem at Tennis Fed Cup<\/strong> (or: On the lack of subtlety in the Alt-Right affiliations): Egypt\u2019s marching bands have gotten a lot of flak over the years for playing wrong national anthems or playing them badly during state visits, but it has never gotten this bad: Germany\u2019s tennis team attending the Federation Cup in Hawaii was shocked when an orchestra and opera singer played the first stanza of Germany\u2019s national anthem (<a href=\"https:\/\/www.youtube.com\/watch?v=eKYnmY_YO8k\"><strong>watch<\/strong><\/a>, runtime: 1:34) which has been banned in Germany since the end of the Second World War. \u201cI thought it was the epitome of ignorance, and I've never felt more disrespected in my whole life, let alone in Fed Cup,\u201d said Germany's Andrea Petkovic, <a href=\"http:\/\/www.haaretz.com\/world-news\/europe\/1.771256\">Haaretz<\/a> reports. <strong>No words. Just face palm.<\/strong><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651463\" 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=\"651463\">\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\">Diplomacy + Foreign Trade<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/\">\r\n                            US congressional delegation meets with President Sisi, Defense Minister Sedky Sobhy                        <\/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\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/\" 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\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/')\">\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\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=US congressional delegation meets with President Sisi, Defense Minister Sedky Sobhy&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/\">\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\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/&title=US congressional delegation meets with President Sisi, Defense Minister Sedky Sobhy\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=US+congressional+delegation+meets+with+President+Sisi%2C+Defense+Minister+Sedky+Sobhy+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fus-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy%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\/02\/13\/us-congressional-delegation-meets-with-president-sisi-defense-minister-sedky-sobhy\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651463\" class=\"content-area-description single-story post-651463 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>President Abdel Fattah El Sisi met with a bipartisan delegation from the US Congress<\/strong> led by chair of the US House Foreign Affairs Subcommittee on Europe, Eurasia, and Emerging Threats (and proven friend of Egypt) Dana Rohrabacher, according to a US embassy <a href=\"https:\/\/eg.usembassy.gov\/u-s-congressional-delegation-seeks-stronger-ties-egypt\/\">statement<\/a>. Head over to <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=12022017&id=b8fc3632-8f71-4cf0-9823-c0e733e82f65\">Al Shorouk<\/a> for a pickup of the official post-meeting statement.<\/p>\n<p><strong>The congressmen also met with Defense Minister Sedky Sobhy<\/strong> to discuss regional security concerns, the ministry said in a <a href=\"http:\/\/www.mod.gov.eg\/mod\/NewsDetails.aspx?id=29612\">statement<\/a>. Rohrabacher, leader of the \u201cFriends of Egypt Caucus,\u201d had also met with Foreign Affairs Minister Sameh Shoukry. Rohrabacher had presented <a href=\"https:\/\/www.congress.gov\/bill\/115th-congress\/house-resolution\/113\/text?r=18\">H. Res 113<\/a> last Thursday that expresses the sense that the House of Representatives that the United States should continue to authorize cash flow financing to Egypt and expand other areas of cooperation. The resolution most importantly calls for the restoration of cash flow financing in the military aid the US grants Egypt.<\/p>\n<p><strong>Separately, Sisi met with Kuwait\u2019s parliamentary speaker Marzouq Al-Ghanim<\/strong> to discuss increasing Arab cooperation to solve regional issues, and ways to increase cooperation between Kuwait and Egypt in various areas, <a href=\"http:\/\/www.ahram.org.eg\/News\/202174\/25\/578699\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%AE%D9%84%D8%A7%D9%84-%D8%A7%D8%B3%D8%AA%D9%82%D8%A8%D8%A7%D9%84%D9%87-%D8%B1%D8%A6%D9%8A%D8%B3-%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D8%A3%D9%85%D8%A9-%D8%A7%D9%84%D9%83%D9%88%D9%8A%D8%AA%D9%8A%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84.aspx\">Al Ahram<\/a> reports.<\/p>\n\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=\"651467\" 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=\"651467\">\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\">Energy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\">\r\n                            EGAS looking to borrow EGP 2 bn                        <\/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\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\" 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\/02\/13\/egas-looking-to-borrow-egp-2-bn\/')\">\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\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\">\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 looking to borrow EGP 2 bn&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\">\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\/02\/13\/egas-looking-to-borrow-egp-2-bn\/&title=EGAS looking to borrow EGP 2 bn\">\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+looking+to+borrow+EGP+2+bn+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fegas-looking-to-borrow-egp-2-bn%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\/02\/13\/egas-looking-to-borrow-egp-2-bn\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651467\" class=\"content-area-description single-story post-651467 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 is in talks with domestic banks for an EGP 2 bn loan to cover debt obligations including those to international oil companies, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322153\">Al Mal<\/a> reported. The banks include NBE, Banque Misr, Banque du Caire, CIB, AAIB, QNB, ADIB, and Alex Bank, sources said. EGAS wants to pay the loan back over five years with a two-year grace period over which the loan will be completely issued and spent. This could come as good news for Dana Gas that <a href=\"https:\/\/enterprise.press\/stories\/2017\/02\/12\/dana-gas-freezes-investment-in-egypt-over-delayed-payments\/\">has reportedly<\/a> frozen its investments in Egypt over USD 265 mn of unpaid dues as of the end of 2016.<\/p>\n\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=\"651469\" 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=\"651469\">\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\">Infrastructure<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/\">\r\n                            Arab Contractors to undertake EGP 450 mn renovation of Sharm El Sheikh Airport\u2019s Terminal 2                        <\/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\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/\" 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\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/')\">\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\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/\">\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=Arab Contractors to undertake EGP 450 mn renovation of Sharm El Sheikh Airport\u2019s Terminal 2&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/\">\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\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/&title=Arab Contractors to undertake EGP 450 mn renovation of Sharm El Sheikh Airport\u2019s Terminal 2\">\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=Arab+Contractors+to+undertake+EGP+450+mn+renovation+of+Sharm+El+Sheikh+Airport%E2%80%99s+Terminal+2+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Farab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2%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\/02\/13\/arab-contractors-to-undertake-egp-450-mn-renovation-of-sharm-el-sheikh-airports-terminal-2\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651469\" class=\"content-area-description single-story post-651469 post type-post status-publish format-standard hentry category-infrastructure tag-enterpriseam tag-infrastructure wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The Ismail cabinet has tasked Arab Contractors with the EGP 450 mn renovation of Sharm El Sheikh Airport\u2019s Terminal 2, the head of the company\u2019s Sinai branch said, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1087987\">Al Masry Al Youm<\/a>. As <a href=\"https:\/\/enterprise.press\/stories\/2016\/07\/18\/egyptian-holding-company-for-airports-investing-egp-800-mn-into-upgrading-subsidiaries\/\">we noted last year<\/a>, the expansion project will increase capacity from 2.5 mn passengers to 4.5 mn passengers.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651470\" 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=\"651470\">\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\">Basic Materials + Commodities<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/\">\r\n                            Cargill investing USD 10 mn into domestic market                        <\/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\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/\" 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\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/')\">\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\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/\">\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=Cargill investing USD 10 mn into domestic market&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/\">\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\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/&title=Cargill investing USD 10 mn into domestic market\">\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=Cargill+investing+USD+10+mn+into+domestic+market+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fcargill-investing-usd-10-mn-into-domestic-market%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\/02\/13\/cargill-investing-usd-10-mn-into-domestic-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651470\" class=\"content-area-description single-story post-651470 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>Cargill is investing USD 10 mn into a wheat storage project in the Dekhela Port to add 42k tonnes of storage capacity, the Trade and Industry Ministry said in a statement, <a href=\"http:\/\/www.aswatmasriya.com\/news\/details\/73042\">Aswat Masriya<\/a> reported. The company is set to complete an expansion project at its vegetable oils factory in Borg El Arab by October, and is studying additional investments into Egypt, head of Cargill\u2019s Agricultural Supply Chain in Europe, Middle East and Africa Roger Janson said.<\/p>\n\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=\"651472\" 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=\"651472\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/\">\r\n                            Union Capital, BPE Partners to establish company to manage bailout fund for factories in distress                        <\/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\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/\" 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\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/')\">\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\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Union Capital, BPE Partners to establish company to manage bailout fund for factories in distress&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/\">\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\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/&title=Union Capital, BPE Partners to establish company to manage bailout fund for factories in distress\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Union+Capital%2C+BPE+Partners+to+establish+company+to+manage+bailout+fund+for+factories+in+distress+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Funion-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress%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\/02\/13\/union-capital-bpe-partners-to-establish-company-to-manage-bailout-fund-for-factories-in-distress\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651472\" class=\"content-area-description single-story post-651472 post type-post status-publish format-standard hentry category-manufacturing tag-enterpriseam tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Union Capital and BPE Partners (formerly Beltone Private Equity) are planning a bailout fund to invest in distressed factories, <a href=\"http:\/\/www.alborsanews.com\/2017\/02\/12\/%D8%AA%D8%A3%D8%B3%D9%8A%D8%B3-%D8%B4%D8%B1%D9%83%D8%A9-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%85%D8%B5%D8%A7%D9%86%D8%B9-%D8%A7%D9%84%D9%85%D8%AA%D8%B9%D8%AB%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3\/\">Al Borsa<\/a> reports and will file paperwork with the Egyptian Financial Supervisory Authority for the fund next week, Union Capital CEO Hany Tawfik tells the newspaper.<\/p>\n\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=\"651474\" 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=\"651474\">\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\">Health + Education<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/\">\r\n                            Janssen provide the Health Ministry with 82.2k packages of hep C medication for no charge                        <\/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\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/\" 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\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/')\">\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\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/\">\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=Janssen provide the Health Ministry with 82.2k packages of hep C medication for no charge&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/\">\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\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/&title=Janssen provide the Health Ministry with 82.2k packages of hep C medication for no charge\">\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=Janssen+provide+the+Health+Ministry+with+82.2k+packages+of+hep+C+medication+for+no+charge+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fjanssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge%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\/02\/13\/janssen-provide-the-health-ministry-with-82-2k-packages-of-hep-c-medication-for-no-charge\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651474\" class=\"content-area-description single-story post-651474 post type-post status-publish format-standard hentry category-health-education tag-enterpriseam tag-health-education wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>Johnson & Johnson pharma arm Janssen donated 82.2k packages of its hepatitis C treatment Olysio to the health Ministry, according to an emailed statement. The treatment will be distributed through the National Committee for the Control and Prevention of Viral Hepatitis and aims to treat 27,000 patients.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/health-education\/\">Health + Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651475\" 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=\"651475\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">17<\/div>\r\n\r\n                    <p class=\"f-graphik\">Telecoms + ICT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/\">\r\n                            Global Telecom gets CBE approval to provide USD equivalent                        <\/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\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/\" 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\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/')\">\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\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/\">\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 Telecom gets CBE approval to provide USD equivalent&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/\">\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\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/&title=Global Telecom gets CBE approval to provide USD equivalent\">\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+Telecom+gets+CBE+approval+to+provide+USD+equivalent+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fglobal-telecom-gets-cbe-approval-to-provide-usd-equivalent%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\/02\/13\/global-telecom-gets-cbe-approval-to-provide-usd-equivalent\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651475\" class=\"content-area-description single-story post-651475 post type-post status-publish format-standard hentry category-telecoms-ict tag-enterpriseam tag-telecoms-ict wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p>The CBE has approved making USD equivalent of EGP available to GDR holders outside Egypt who participated in Global Telecom Holding\u2019s share buyback program, the company said in a <a href=\"http:\/\/egx.com.eg\/downloads\/Bulletins\/198922_1.pdf\">statement<\/a>. We had noted <a href=\"https:\/\/enterprise.press\/stories\/2017\/01\/17\/global-telecom-holding-announces-share-buy-back-and-cancellation-of-gdr-program\/\">earlier<\/a> that Global Telecom announced a share buy-back and cancellation of GDR program to acquire up to 10% of the total issued share capital.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/telecoms-ict\/\">Telecoms + ICT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"651476\" 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=\"651476\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">18<\/div>\r\n\r\n                    <p class=\"f-graphik\">Banking + Finance<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/\">\r\n                            HC Securities and Investment are looking to enter financial leasing market in 2017                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=HC Securities and Investment are looking to enter financial leasing market in 2017&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/&title=HC Securities and Investment are looking to enter financial leasing market in 2017\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=HC+Securities+and+Investment+are+looking+to+enter+financial+leasing+market+in+2017+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fhc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/hc-securities-and-investment-are-looking-to-enter-financial-leasing-market-in-2017\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651476\" class=\"content-area-description single-story post-651476 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>HC Securities and Investment is looking to enter the financial leasing market in 2017, expecting a portfolio of around EGP 500 mn, Chairman Hussein Shoukry told <a href=\"http:\/\/ara.reuters.com\/article\/businessNews\/idARAKBN15R0FL?sp=true\">Reuters<\/a>. The investment bank had obtained the license and established a company in 2010, but the project was hindered by political unrest, he added.<\/p>\n\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=\"651478\" 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=\"651478\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">19<\/div>\r\n\r\n                    <p class=\"f-graphik\">Legislation + Policy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/cabinet-proposes-amendments-allowing-finance-ministry-to-guarantee-loans-for-state-owned-companies\/\">\r\n                            Cabinet proposes amendments allowing Finance Ministry to guarantee loans for state-owned companies                        <\/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\/02\/13\/cabinet-proposes-amendments-allowing-finance-ministry-to-guarantee-loans-for-state-owned-companies\/\" 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 amendments are currently being reviewed by the Council of State (Maglis El Dawla).<\/p>\n\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=\"651479\" 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=\"651479\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">20<\/div>\r\n\r\n                    <p class=\"f-graphik\">Egypt Politics + Economics<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/\">\r\n                            House Ethics Committee to strip Al Sadat of committee seat, MP denies knowledge of the decision                        <\/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\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/\" 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\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/')\">\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\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/\">\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=House Ethics Committee to strip Al Sadat of committee seat, MP denies knowledge of the decision&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/\">\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\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/&title=House Ethics Committee to strip Al Sadat of committee seat, MP denies knowledge of the decision\">\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=House+Ethics+Committee+to+strip+Al+Sadat+of+committee+seat%2C+MP+denies+knowledge+of+the+decision+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fhouse-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision%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\/02\/13\/house-ethics-committee-to-strip-al-sadat-of-committee-seat-mp-denies-knowledge-of-the-decision\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651479\" class=\"content-area-description single-story post-651479 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><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> The House of Representatives Ethics Committee has recommended stripping MP Mohamed Al Sadat of his committee seat after he was questioned in a disciplinary hearing on 5 February, sources tell <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/258067\/Egypt\/Politics-\/Egypt-parliaments-ethics-committee-recommends-MP-E.aspx\">Ahram Online<\/a>. The MP said he was not notified of the decision, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=322235\">Al Mal<\/a> says.<\/p>\n\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=\"651480\" 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=\"651480\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">21<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON YOUR WAY OUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/ibm-investing-in-africas-workforce\/\">\r\n                            IBM investing in Africa\u2019s workforce                        <\/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\/02\/13\/ibm-investing-in-africas-workforce\/\" 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\/02\/13\/ibm-investing-in-africas-workforce\/')\">\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\/02\/13\/ibm-investing-in-africas-workforce\/\">\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=IBM investing in Africa\u2019s workforce&url=https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/ibm-investing-in-africas-workforce\/\">\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\/02\/13\/ibm-investing-in-africas-workforce\/&title=IBM investing in Africa\u2019s workforce\">\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=IBM+investing+in+Africa%E2%80%99s+workforce+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2017%2F02%2F13%2Fibm-investing-in-africas-workforce%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\/02\/13\/ibm-investing-in-africas-workforce\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651480\" class=\"content-area-description single-story post-651480 post type-post status-publish format-standard hentry category-on-your-way-out tag-enterpriseam wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><strong>IBM is investing in Africa\u2019s workforce: <\/strong>IBM is ramping up its digital skills training program to accommodate as many as 25 mn Africans in the next five years, \u201clooking toward building a future workforce on the continent,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2017-02-08\/ibm-to-train-25-million-africans-for-free-to-build-workforce\">Loni Prinsloo writes for Bloomberg<\/a>. The company is investing USD 70 mn to roll out the program in South Africa, but other countries set to benefit include \u201cNigeria, Kenya, Morocco and Egypt, enabling the expansion of the project across the continent.\u201d IBM\u2019s aim is clear; the company projects Africa will have the largest workforce on the planet by 2040 and it wants \u201cto lay the foundation blocks to build a digital workforce,\u2019\u2019 Juan Pablo Napoli, head of IBM Skills Academy, says.<\/p>\n\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=\"651482\" 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=\"651482\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">22<\/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\/02\/13\/by-the-numbers-112\/\">\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\/02\/13\/by-the-numbers-112\/\" 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\/02\/13\/by-the-numbers-112\/')\">\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\/02\/13\/by-the-numbers-112\/\">\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\/02\/13\/by-the-numbers-112\/\">\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\/02\/13\/by-the-numbers-112\/&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%2F02%2F13%2Fby-the-numbers-112%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\/02\/13\/by-the-numbers-112\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651482\" class=\"content-area-description single-story post-651482 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 17.52 | Sell 17.66<br \/>\n<strong>EGP \/ USD at CIB:<\/strong> Buy 17.4 | Sell 17.5<br \/>\n<strong>EGP \/ USD at NBE: <\/strong>Buy 17.47 | Sell 17.52<\/p>\n<p><strong>EGX30<\/strong> (Sunday): 12,922.44 (-1.47%)<br \/>\n <strong>Turnover:<\/strong> EGP 777.4 mn (79% above the 90-day average)<br \/>\n <strong>EGX 30 year-to-date<\/strong>: +4.678%<\/p>\n<p><strong>THE MARKET ON SUNDAY:<\/strong> The EGX30 closed down 1.5% yesterday as index heavyweight CIB fell 3.0%. Egyptian Resorts gained 3.6% to lead the day\u2019s gainers, while EFG Hermes and Arabian Cement both tumbled 4.9%. Market turnover stood at a paltry EGP 777.4 million, with local investors the sole net sellers.<\/p>\n<p><strong>Foreigners<\/strong>: Net Long | EGP +6.4 mn<br \/>\n <strong>Regional<\/strong>: Net Long | EGP +2.3 mn<br \/>\n <strong>Domestic<\/strong>: Net Short | EGP -8.7 mn<\/p>\n<p><strong>Retail<\/strong>: 71.1% of total trades | 72.4% of buyers | 69.8% of sellers<br \/>\n <strong>Institutions<\/strong>: 28.9% of total trades | 27.6% of buyers | 30.2% of sellers<\/p>\n<p><strong>Foreign:<\/strong> 11.4% of total | 11.8% of buyers | 11.0% of sellers<br \/>\n <strong>Regional:<\/strong> 6.3% of total | 6.4% of buyers | 6.1% of sellers<br \/>\n <strong>Domestic:<\/strong> 82.3% of total | 81.8% of buyers | 82.9% of sellers<\/p>\n<p><strong>WTI:<\/strong> USD 53.86 (+0.86%)<br \/>\n <strong>Brent:<\/strong> USD 56.70 (+1.07%)<br \/>\n<strong>Natural Gas<\/strong> (Nymex, futures prices) USD 3.03 MMBtu, (-3.41%, March 2017 contract)<br \/>\n <strong>Gold:<\/strong> USD 1,235.90 \/ troy ounce (+0.07%)<\/p>\n<p><strong>TASI:<\/strong> 7,021.57 (+0.75%) (YTD: -2.62%)<br \/>\n <strong>ADX:<\/strong> 4,570.47 (+0.02%) (YTD: +0.53%)<br \/>\n <strong>DFM:<\/strong> 3,702.16 (+0.53%) (YTD: +4.85%)<br \/>\n <strong>KSE Weighted Index:<\/strong> 420.41 (+0.03%) (YTD: +10.61%)<br \/>\n <strong>QE:<\/strong> 10,663.49 (+0.32%) (YTD: +2.17%)<br \/>\n <strong>MSM:<\/strong> 5,818.60 (-0.02%) (YTD: +0.62%)<br \/>\n <strong>BB: <\/strong>1,309.31 (+0.19%) (YTD: +7.28%)<\/p>\n\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=\"651483\" 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\/02\/13\/651483\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-651483\" class=\"content-area-description single-story post-651483 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>14-16 February 2017 (Tuesday-Thursday): <a href=\"http:\/\/www.egyps.com\/\">Egypt Petroleum Show 2017 (EGYPS)<\/a>, CIEC, Cairo.<\/p>\n<p>16 February (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>20-21 February (Monday-Tuesday): Fulbright Student Alumni Regional Conference: Contemporary Health Issues, Conrad Hotel, Cairo.<\/p>\n<p>20-22 February (Monday-Wednesday): 20th <a href=\"http:\/\/www.epri.sci.eg\/Default4.aspx\">International Conference on Petroleum Mineral Resources and Development<\/a>, Egyptian Petroleum Research Institute, Cairo.<\/p>\n<p>23 February (Thursday): Potential date for resumption of flights between Egypt and Russia, according to <a href=\"https:\/\/sputniknews.com\/world\/201701311050183526-egypt-russia-flights-resumption\/\">Izvestia<\/a> newspaper.<\/p>\n<p>06-08 March (Monday-Wednesday): 13th <a href=\"https:\/\/oneonone2017.efghermes.com\/pages\/home.aspx\">EFG Hermes One on One Conference<\/a>, Dubai, United Arab Emirates.<\/p>\n<p>08 March (Wednesday): <a href=\"https:\/\/microfinance.iqpc.ae\/?utm_source=conferencealerts&utm_medium=portal&utm_campaign=24796.003-external-diarylisting&utm_term=homepage&utm_content=text&mac=24796.003_confal_dl&disc=24796.003_confal_dl\">Microfinance forum<\/a>, Nile Ritz-Carlton, Cairo.<\/p>\n<p>09-11 March (Thursday-Saturday): <a href=\"http:\/\/www.egypt-projects.com\/\">Egypt Projects Summit<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>15 March (Wednesday): Arab Women Organization\u2019s event: Investing in refugee women, UN General Assembly Building, New York City.<\/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>30 March (Thursday): Central Bank of Egypt\u2019s Monetary Policy Committee meeting.<\/p>\n<p>31 March - 03 April (Friday-Monday): <a href=\"http:\/\/www.cityscapeegypt.com\/\">Cityscape Egypt Exhibition<\/a>, Cairo International Convention Center, Cairo. <a href=\"http:\/\/www.cityscapeegypt.com\/forms\/conference-delegate-bookings\">Register here<\/a>.<\/p>\n<p>03-06 April (Monday-Thursday): <a href=\"http:\/\/agrofood-africa.com\/\">Agri & Foodex Africa<\/a>, Khartoum International Fair Ground, Khartoum, Sudan.<\/p>\n<p>08-10 April (Saturday-Monday): <a href=\"http:\/\/www.pharmaconex-exhibition.com\/\">Pharmaconex<\/a>, Cairo International Convention Center, Cairo.<\/p>\n<p>16 April (Sunday): Coptic Easter Sunday.<\/p>\n<p>17 April (Monday): Sham El Nessim, national holiday.<\/p>\n<p>20 April (Thursday): Closing date for the <a href=\"http:\/\/emra.gov.eg\/UI\/Lang1\/TDIDataShow.aspx?ID=60\">Egyptian Mineral Resources Authority bid round number 1 for 2017<\/a> for gold and associated minerals.<\/p>\n<p>24-25 April (Monday-Tuesday): Renaissance Capital\u2019s Egypt Investor Conference, Cape Town, South Africa.<\/p>\n<p>25 April (Tuesday): Sinai Liberation Day, national holiday.<\/p>\n<p>30 April - 03 May (Sunday-Wednesday): <a href=\"http:\/\/www.cementconcrete-me.com\/\">Cement & Concrete 2017<\/a>, Riyadh International Convention & Exhibition Center, Saudi Arabia.<\/p>\n<p>01 May (Monday): Labor Day, national holiday.<\/p>\n<p>16 May (Tuesday): Official expiry date for the decision to suspend capital gains taxes on stock market transactions.<\/p>\n<p>27 May (Saturday): First day of Ramadan (TBC).<\/p>\n<p>26-28 June (Monday-Wednesday): Eid Al-Fitr (TBC).<\/p>\n<p>30 June (Friday): 30 June, national holiday.<\/p>\n<p>23 July (Sunday): Revolution Day, national holiday.<\/p>\n<p>02-05 September (Saturday-Tuesday): Eid Al-Adha, national holiday (TBC).<\/p>\n<p>17-19 September (Sunday-Tuesday): Pipeline-Pipe-Sewer-Technology <a href=\"https:\/\/www.pipelinepipesewer.com\/\">Conference & Exhibition<\/a>, Intercontinental Citystars Hotel, Cairo.<\/p>\n<p>22 September (Friday): Islamic New Year, national holiday (TBC).<\/p>\n<p>06 October (Friday): Armed Forces Day, national holiday.<\/p>\n<p>01 December (Friday): Prophet\u2019s Birthday, national holiday.<\/p>\n<p>08-10 December (Friday-Sunday): RiseUp Summit, Downtown Cairo.<\/p>\n<p>01 January 2018 (Monday): New Year\u2019s Day, national holiday.<\/p>\n\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":651437,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-651436","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"6b0ffdeb-8000-436c-a54c-d7389cc898ff","teaser":"","photo_url":"https:\/\/ent.news\/2017\/2\/404.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>House engages in magical thinking on subsidies, demands electricity price hike be pushed back a year - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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