{"id":547443,"date":"2022-06-22T04:26:57","date_gmt":"2022-06-22T04:26:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/"},"modified":"2022-06-22T04:26:57","modified_gmt":"2022-06-22T04:26:57","slug":"this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/","title":{"rendered":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets"},"content":{"rendered":"

It\u2019s a packed issue today, <\/strong>ladies and gentlemen, as we hit the dash to the weekend. Our friends from the GCC continue to come through for us, with KSA leading the pack.<\/p>\n

THE BIG STORY here at home: the Saudis making it rain. <\/strong>We bring you an unofficial KSA-themed issue this morning, as the local press digests the news of the USD 7.7 bn worth of Saudi investment that was signed off on yesterday to coincide with Crown Prince Mohammed bin Salman\u2019s trip to Cairo.<\/p>\n

MbS bid us farewell with a promise that the KSA will lead on bringing some USD 30 bn<\/strong> of investments. We have all the details below.<\/p>\n

We also have an approved budget for the next fiscal year<\/strong>, courtesy of the House of Representatives, who put their grandstanding aside and got the job done before 30 June.<\/p>\n

PRIVATIZATION WATCH- Public consultations continue: <\/strong>The government yesterday held the second of a series of public consultations over its state ownership policy document<\/a> laying out privatization plans, according to a cabinet statement<\/a>.<\/p>\n

This time, the focus was on food industries<\/strong>, with industry reps laying out their recommendations on how best and where to start bringing the private sector on board as well as their views and issues.<\/p>\n

Look for an expanded coverage of the sessions this week and in our weekly industry features. <\/strong><\/p>\n

Also guiding the conversation locally is the prospect of the<\/strong> Central Bank of Egypt raising interest rates tomorrow. <\/strong>Finance Minister Mohamed Maait yesterday said he is \u201cworried\u201d about the economic impact of any potential further rate hikes. A majority of analysts and economists we surveyed expect policymakers to leave rates unchanged, according to our customary poll<\/a>, More on that in our Economy section, below.<\/p>\n

\n

THE BIG STORY ABROAD<\/strong>- Are we or are we not in contraction territory? <\/strong>The chorus of voices predicting an oncoming recession in the US and Europe is getting louder, with Goldman Sachs, tech bn\u2019aire Elon Musk and economist Nouriel Roubini all joining in this week, Bloomberg<\/a> reports. Goldman sees a 30% probability of entering a recession over the next year, while Roubini expects a US recession by the end of the year. The Tesla boss said he would lay off 10% of salaried employees<\/a> over three months in anticipation of the downturn.<\/p>\n

Germany is also likely facing a recession<\/strong> \u2014 particularly if Russia severs all gas supplies into the country as it has seemingly been threatening to do lately, an industry body said in a statement cited by Reuters<\/a>.<\/p>\n

Finance Minister Mohamed Maait attempted to address that question for Egypt.<\/strong> You can catch highlights in the news well below.<\/p>\n

MARKET WATCH-<\/strong><\/p>\n

The US wants to impose a price cap on Russian oil: <\/strong>The US is in talks with its allies to apply a price cap on Russian oil in efforts to \u201cpush down the price of Russian oil and depress Putin's revenues, while allowing more oil supply to reach the global market,\u201d Treasury Secretary Janet Yellen said yesterday (watch, runtime: 1:09<\/a>).<\/p>\n

The EU isn\u2019t happy: <\/strong>Introducing a price cap would force the EU to once again put up its sanctions package up for discussion, after spending weeks bringing all 27 nations onboard, people familiar with the matter tell Bloomberg<\/a>. Italy appears to be the exception, saying a price cap is the \u201conly solution\u201d to rising prices, according to Bloomberg<\/a>.<\/p>\n

Price cap or no price cap, we could be looking at three to five years of oil market <\/strong>turbulence <\/strong>as investors continue to shy away from the sector, Exxon Mobil CEO Darren Woods said during the Qatar Economic Forum, according to Bloomberg<\/a>. Woods said that oil companies will need time to up investments and thereby increase supply.<\/p>\n

Could the region help ease the squeeze? <\/strong>Middle Eastern refiners are working to expand their capacity over the next year, Bloomberg<\/a> writes. The International Energy Agency now forecasts refiners to process 8.8 mn barrels of crude per day next year, 1 mn more than in 2019. This would be enough to plug the shortfall of diesel in Europe, the business newswire writes.<\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

CIRCLE YOUR CALENDAR-<\/strong><\/p>\n

The two-day Aswan Forum for Sustainable Peace and Development<\/a><\/strong> concludes today.<\/p>\n

The <\/strong>Big 5 Construct Egypt (pdf)<\/a><\/strong> construction industry exhibition<\/strong> runs from 25-27 June at the Egypt International Exhibition Center (EIEC) in Cairo.<\/p>\n

Amcham AGM next week:<\/strong> Our friends over at Amcham will hold their annual general meeting on Monday 27 June at the St. Regis Cairo Hotel. Finance Minister Mohamed Maait will address the gathering.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n

enterprise<\/p>\n

*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education.<\/p>\n

In today\u2019s issue: How an operator fund hopes to harmonize Egypt\u2019s healthcare <\/strong>industry:<\/strong> Investment banking outfit Elevate Capital\u2019s Elevate Healthcare fund is one of the region\u2019s largest specialist funds of its kind and aims to help fill the gaps in Egypt\u2019s healthcare industry. We sat down with CEO Tarek Moharram to talk about the fund\u2019s strategy, which involves nontraditional consolidation methods, franchising leading global healthcare institutions and investing in tech that can disrupt the industry.<\/p>\n

***
WE\u2019RE LOOKING FOR SMART, TALENTED PEOPLE to help us build some very cool new things.<\/strong> Today, we run two daily publications, five weekly industry verticals, and a monthly newsletter designed to make our readers feel just a bit smarter.<\/p>\n

We have tons more in the pipeline \u2014 come help us build new publications.<\/strong> We offer the chance to work in a fast-paced newsroom on a broad range of topics and in a variety of formats. Our goal is simple: To create value for our growing community of >199k readers by telling stories that matter.<\/strong><\/p>\n

We\u2019re looking for editors who want to run publications and teams, editors to help reporters craft stories and talented reporters<\/strong>. Egyptian and foreign nationals alike are welcome to apply. So are job-switchers: If you\u2019re an equities analyst tired of the rat race, we\u2019re a great place to come work.<\/p>\n

Apply directly to <\/strong>jobs@enterprisemea.com<\/a><\/strong> and mention Patrick in your subject line. <\/strong><\/p>\n

Or hit this link for more information.<\/a><\/strong> It\u2019s worth it \u2014 trust us.<\/p>\n

***<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a packed issue today, ladies and gentlemen, as we hit the dash to the weekend. Our friends from the GCC continue to come through for us, with KSA leading the pack. THE BIG STORY here at home: the Saudis making it rain. We bring you an unofficial KSA-themed issue this morning, as the local […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[104,72,224,277,91,270,219,587,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-547443","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-economy","tag-enterpriseam","tag-green-bonds","tag-mohamed-maait","tag-oil-and-gas","tag-russia","tag-saudi-arabia","tag-state-privatization-program","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"49b1b138-6527-4eff-98cb-dfcb72e3e10d","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[547441],"teaser":"","voice_url":""},"yoast_head":"\nTHIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets - 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\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a packed issue today, ladies and gentlemen, as we hit the dash to the weekend. Our friends from the GCC continue to come through for us, with KSA leading the pack. THE BIG STORY here at home: the Saudis making it rain. We bring you an unofficial KSA-themed issue this morning, as the local […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-22T04:26:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets\",\"datePublished\":\"2022-06-22T04:26:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\"},\"wordCount\":1091,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"green bonds\",\"Mohamed Maait\",\"oil and gas\",\"Russia\",\"Saudi Arabia\",\"state privatization program\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\",\"name\":\"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"datePublished\":\"2022-06-22T04:26:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets","og_description":"It\u2019s a packed issue today, ladies and gentlemen, as we hit the dash to the weekend. Our friends from the GCC continue to come through for us, with KSA leading the pack. THE BIG STORY here at home: the Saudis making it rain. We bring you an unofficial KSA-themed issue this morning, as the local […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-06-22T04:26:57+00:00","og_image":[{"url":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets","datePublished":"2022-06-22T04:26:57+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/"},"wordCount":1091,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","keywords":["economy","EnterpriseAM","green bonds","Mohamed Maait","oil and gas","Russia","Saudi Arabia","state privatization program","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/","name":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","datePublished":"2022-06-22T04:26:57+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#primaryimage","url":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","contentUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/this-morning-our-latest-import-recession-fears-russia-drama-continues-to-roil-the-energy-markets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":630169,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/look-for-a-busy-week-on-diplomacy-front-as-arab-leaders-meet-in-ksa-following-syria-air-strikes\/","url_meta":{"origin":547443,"position":0},"title":"Look for a busy week on diplomacy front as Arab leaders meet in KSA following Syria air strikes.","author":"enterpriseam admin","date":"15 April 2018","format":false,"excerpt":"Otherwise, expect the next couple of days to be heavier than usual on news from the diplomatic front: The United States, Britain and France launched joint airstrikes on Syria on Saturday morning, the biggest international escalation in the seven-year conflict and the sharpest intervention yet by the West. The three\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":577642,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/30\/ksa-rolls-over-its-usd-5-bn-cbe-deposit\/","url_meta":{"origin":547443,"position":1},"title":"KSA rolls over its USD 5 bn CBE deposit","author":"enterpriseam admin","date":"30 November 2022","format":false,"excerpt":"Saudi Arabia is extending by one year its USD 5 bn deposit at the Central Bank of Egypt (CBE), state-run Saudi Press Agency reports. The kingdom made the deposit in March. The sum forms part of over USD 22 bn pledged in investments and deposits by our GCC neighbors to\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/498.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552082,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/10\/this-evening-ksa-snaps-up-usd-1-3-bn-worth-of-stakes-in-four-state-owned-egx-listed-companies-its-all-about-inflation-today\/","url_meta":{"origin":547443,"position":2},"title":"THIS EVENING: KSA snaps up USD 1.3 bn-worth of stakes in four state-owned, EGX-listed companies + It\u2019s all about inflation today","author":"enterpriseam admin","date":"10 August 2022","format":false,"excerpt":"Good afternoon, wonderful people. It\u2019s a mostly good news kind of Wednesday, with the entry of Saudi sovereign wealth fund PIF getting the ball rolling on its pledged USD 10 bn of investments in Egypt, while inflation figures didn\u2019t extend their brief cool-off last month.THE BIG STORIES TODAY KSA makes\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":662887,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/03\/24\/orascom-construction-to-co-build-usd-2-6-bn-power-plant-in-ksa\/","url_meta":{"origin":547443,"position":3},"title":"Orascom Construction to co-build USD 2.6 bn power plant in KSA","author":"enterpriseam admin","date":"24 March 2025","format":false,"excerpt":"Good afternoon, everyone. Like the weather, the news cycle is warming up. This issue contains all you need to know about Orascom Construction\u2019s plans for a power plant in KSA, Washington\u2019s efforts to broker a ceasefire in Ukraine, and what you need to do to protect your information before you\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1560.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590019,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/12\/ksa-deposits-usd-2-bn-at-pakistans-central-bank-ahead-of-imf-bailout\/","url_meta":{"origin":547443,"position":4},"title":"KSA deposits USD 2 bn at Pakistan\u2019s central bank ahead of IMF bailout","author":"enterpriseam admin","date":"12 July 2023","format":false,"excerpt":"The IMF\u2019s executive board is expected to sign off on Pakistan\u2019s USD 3 bn loan today","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/449.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":551221,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/02\/this-evening-al-futtaim-to-invest-usd-1-bn-in-egypt-over-3-years-oil-slides-as-ksa-says-it-could-step-in-for-russian-production\/","url_meta":{"origin":547443,"position":5},"title":"THIS EVENING: Al Futtaim to invest USD 1 bn in Egypt over 3 years + Oil slides as KSA says it could step in for Russian production","author":"enterpriseam admin","date":"2 June 2022","format":false,"excerpt":"Good afternoon, wonderful people. It is finally the weekend and if that weren\u2019t cause enough for celebration, we have good news on the business and investment front to leave you with.THE BIG STORY TODAY UAE\u2019s Al Futtaim Group is looking to invest around USD 700-USD 1 bn in Egypt over\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=547443"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/547443\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/547441"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=547443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=547443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=547443"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=547443"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=547443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}