{"id":548587,"date":"2022-08-15T04:00:35","date_gmt":"2022-08-15T04:00:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/"},"modified":"2022-08-15T04:00:35","modified_gmt":"2022-08-15T04:00:35","slug":"this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/","title":{"rendered":"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars"},"content":{"rendered":"

Hello, everyone. <\/strong>We\u2019re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba killed more than 40 people. Please join us in having a good thought for the families of the victims.<\/p>\n

WATCH THIS SPACE- Car dealers that haven\u2019t delivered vehicles could face prosecution<\/strong>:<\/strong> The Consumer Protection Agency (CPA) will soon send a list of names of car dealers that have yet to deliver cars to consumers who booked them before 12 April to the prosecution, Al Borsa<\/a> quotes a CPA source as saying.<\/p>\n

Refresher:<\/strong> The consumer watchdog in May ordered distributors<\/a> to fully return down payments with 18% interest to anyone who had ordered vehicles before 12 April and wants a refund. Those who still want their vehicles have full price protection (that is, companies are forbidden from retrospectively hiking prices on cars ordered before 12 April due to inflation).<\/p>\n

HAPPENING THIS WEEK + THE NEXT-<\/strong><\/p>\n

<\/a> Expect more details on how gov\u2019t plans to cut back on electricity: <\/strong>The Electricity Ministry will hold a press conference in the next few days to announce details of measures to curb electricity use that cabinet approved last<\/a>week<\/a>, Electricity Minister Mohamed Shaker reportedly told Al Mal<\/a>.<\/p>\n

REMEMBER- <\/strong>The government is seeking to cut domestic electricity consumption to redirect for export some 15% of the natural gas that currently gets sent to power stations, netting itself an extra USD 450 mn a month in revenues<\/a> to help shore up FX liquidity. Expect to see darker streets, public squares, government buildings and sports facilities, as well as a 25\u00b0C lower limit on A\/Cs in malls, among other measures.<\/p>\n

MNHD shareholders have the final word on SODIC takeover bid: <\/strong>Madinet Nasr Housing and Development will hold a general assembly meeting on Tuesday, 16 August, to decide whether to allow SODIC to conduct due diligence ahead of a potential takeover.<\/p>\n

Interest rates:<\/strong> The Central Bank of Egypt will meet to discuss interest rates on Thursday, 18 August. There was little consensus about what the Monetary Policy Committee is likely to do in our customary poll<\/a>, where five of the eight analysts we talked to see the interest rates rising by up to 100 bps this week.<\/p>\n

The Madbouly government will hold another two rounds of consultations on its <\/strong>privatization strategy tomorrow and Thursday:<\/strong> Chemical producers are up tomorrow while players in the mining sector are up on Thursday. Every Sunday, Tuesday, and Thursday see workshops on how privatization plans will affect specific industries. You can find more details on the schedule of the meetings here<\/a>.<\/p>\n

National Dialogue:<\/strong> The board of trustees overseeing the National Dialogue will hold its next meeting on 27 August. On the agenda: Choosing the rapporteurs for all of the committees and subcommittees of the social, political and economic tracks, and preparing the agenda and topics of discussion for the dialogue.<\/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

\n

MORNING MUST READ- <\/strong><\/p>\n

<\/a> Global commodity prices might be falling, but there\u2019s no quick fix to the damage to <\/strong>global food supply caused by the war in Ukraine<\/strong>, David Lynch writes for the Washington Post<\/a>. Developing countries that rely on exports for key commodities have yet to reap the rewards of falling prices, and might not be able to for months, according to analysts, who say that changes in the global markets could take months \u2014 up to a year, according to the IMF \u2014 to filter down to local economies. What\u2019s more, the lower prices are often offset by the weaker currencies of food importers: the red-hot greenback, which surged to 20-year highs earlier this year, has made the price of importing global commodities significantly more expensive for developing nations.<\/p>\n

The possibility of more volatility is still very real:<\/strong> \u201cThe worst didn\u2019t happen\u2026 but there\u2019s a false sense of security in the markets right now,\u201d said one expert. \u201cThis fall could have a lot more volatility.\u201d Potential issues with the UN- and Turkey-brokered grain pact, an imminent Russian energy embargo that could drive fertilizer prices further up, and continuing droughts are all persistent threats to global food security.<\/p>\n

DATA POINT- Egypt has produced <\/strong>9.7 mn ton<\/strong>s of wheat this season<\/strong>, Naeem Moselhy, advisor to the agriculture minister, told CNBC Arabia yesterday (watch, runtime: 1:43<\/a>). This is up around 7.8% from last season, when we produced 9 mn tons<\/a>. The government earlier this year provided incentives<\/a> to local farmers to increase production in light of Russia\u2019s invasion of Ukraine threatening about 80% of our imports. Some 4 mn tons of the local wheat were procured by the government against the 6 mn tons<\/a> targeted by the government.<\/p>\n

SPEAKING OF WHEAT- A <\/strong>Ukrainian grain ship reportedly disappeared on its way to Egypt \u2014 then s<\/strong>hows up <\/strong>en route to Syria: <\/strong>The first grain carrier to make it through a safe corridor out of Ukraine\u2019s ports showed up yesterday near Syria\u2019s Tartous port, Reuters<\/a>reported citing two shipping sources. The ship was headed to Egypt when its transponder went dark off the north-west coast of Cyprus on Friday morning, according to the Financial Times<\/a>. The cargo had been rejected by its initial buyers in Lebanon because it was stranded for months in Ukraine.<\/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

THE BIG STORY ABROAD-<\/strong><\/p>\n

The attack on Salman Rushdie on Friday is still getting plenty of attention globally:<\/strong> Rushdie, who suffered serious injuries<\/a> after being stabbed during an event in New York, is \u201con the road to recovery,\u201d his agent said yesterday. (AP<\/a> | Reuters<\/a> | WSJ<\/a> | FT<\/a>)<\/p>\n

\n

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

Are US stocks really out of the woods? <\/strong>While US stocks staged a rebound last week on hopes that the Federal Reserve could soon change tack and slow the pace of its rate hikes, some investors remain skeptical that this is the end of the market rout, the Wall Street Journal<\/a> reports. Part of the skepticism is coming from the fact that many of the stocks staging a comeback were among those that plunged the most during the sell-off in the first half of the year. Those include meme stocks \u2014 like Bed Bath and Beyond and AMC Entertainment Holdings, which have climbed 107% and 111% respectively since they bottomed out in June \u2014 and crypto-related companies like Coinbase. Most investors are remaining prudent with the companies they put their money in for the foreseeable future, the WSJ writes, as the Fed\u2019s trajectory remains uncertain and signs of an economic slowdown remain clear.<\/p>\n

AND- What Chinese factory owners are saying right now doesn\u2019t bode well for the direction of <\/strong>the global economy:<\/strong> Chinese exporters are expecting a drop in global demand thanks to soaring inflation in Europe and the US. Orders for certain products fell as much as 30% in July and August from last year while some factories say their European clients are ordering less than half of what they did last year, according to Bloomberg<\/a>, which interviewed more than a dozen Chinese export managers.<\/p>\n

THE TAKEAWAY- <\/strong>\u201cThe general direction is export growth will slow down in the coming months, and it\u2019s possible to reach a negative territory by the end of the year,\u201d one economist told the business newswire.<\/p>\n

ICYMI-<\/strong><\/p>\n

Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at Egypt\u2019s non-oil exp<\/a>o<\/a>rts<\/a> during the first six months of the year.<\/p>\n

\"enterprise\"<\/p>\n

*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. Blackboard appears every Monday in Enterprise in the place of our traditional industry news roundups.<\/p>\n

In today\u2019s iss<\/strong>ue:<\/strong> The 2022-2023 school year at Egypt\u2019s private + international K-12 schools is kicking off in the coming weeks. Today, we run through the tuition fees being charged at the country\u2019s major schools.<\/p>\n","protected":false},"excerpt":{"rendered":"

Hello, everyone. We\u2019re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba killed more than 40 people. Please join us in having a good thought for the families of the victims. WATCH THIS SPACE- Car dealers that haven\u2019t delivered vehicles could face prosecution: The Consumer Protection Agency […]<\/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":[144,116,317,1312,244,93,72,119,100,343,74,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-548587","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-automotive","tag-china","tag-commodities","tag-consumer-protection-agency","tag-electricity","tag-energy","tag-enterpriseam","tag-financial-markets","tag-policy","tag-regulation","tag-what-were-tracking-today","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"2010604d-4078-4235-8201-4ccf0e7570b4","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[548585],"teaser":"","voice_url":""},"yoast_head":"\nTHIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars - 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\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars\" \/>\n<meta property=\"og:description\" content=\"Hello, everyone. We\u2019re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba killed more than 40 people. Please join us in having a good thought for the families of the victims. WATCH THIS SPACE- Car dealers that haven\u2019t delivered vehicles could face prosecution: The Consumer Protection Agency […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-15T04:00:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.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=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars\",\"datePublished\":\"2022-08-15T04:00:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\"},\"wordCount\":1341,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"keywords\":[\"automotive\",\"China\",\"commodities\",\"Consumer Protection Agency\",\"electricity\",\"energy\",\"EnterpriseAM\",\"Financial Markets\",\"policy\",\"regulation\",\"What We're Tracking Today\",\"wheat\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\",\"name\":\"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"datePublished\":\"2022-08-15T04:00:35+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars\"}]},{\"@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: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars - 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\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars","og_description":"Hello, everyone. We\u2019re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba killed more than 40 people. Please join us in having a good thought for the families of the victims. WATCH THIS SPACE- Car dealers that haven\u2019t delivered vehicles could face prosecution: The Consumer Protection Agency […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-08-15T04:00:35+00:00","og_image":[{"url":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars","datePublished":"2022-08-15T04:00:35+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/"},"wordCount":1341,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","keywords":["automotive","China","commodities","Consumer Protection Agency","electricity","energy","EnterpriseAM","Financial Markets","policy","regulation","What We're Tracking Today","wheat"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/","name":"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","datePublished":"2022-08-15T04:00:35+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#primaryimage","url":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg","contentUrl":"https:\/\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/15\/this-morning-more-details-on-the-govts-electricity-rationing-strategy-coming-car-dealers-are-facing-prosecution-for-failing-to-deliver-cars\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: More details on the govt\u2019s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars"}]},{"@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":650425,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/23\/cpa-refers-actor-mahmoud-el-guindy-to-prosecution-over-acting-in-misleading-commercials\/","url_meta":{"origin":548587,"position":0},"title":"CPA refers actor Mahmoud El Guindy to prosecution over acting in \u201cmisleading\u201d commercials","author":"enterpriseam admin","date":"23 March 2017","format":false,"excerpt":"Consumer Protection Agency wants actor prosecuted for appearing in ads: The Consumer Protection Agency (CPA) is asking the Prosecutor General to open a case against actor Mahmoud El Guindy, claiming he acted in \u201cmisleading\u201d advertisements and promoting painkillers for an unlicensed pharmaceutical company, Al Shorouk reports. CPA head Atef Yacoub\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651401,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/12\/cpa-refers-souq-com-to-prosecution-over-unlicensed-meds-sales\/","url_meta":{"origin":548587,"position":1},"title":"CPA refers Souq.com to prosecution over unlicensed meds sales","author":"enterpriseam admin","date":"12 February 2017","format":false,"excerpt":"Is Souq.com under investigation? The Consumer Protection Agency (CPA) has referred e-commerce platform Souq.com to the Prosecutor General\u2019s Office, alleging it is distributing unlicensed meds and vitamins and acting as a pharmacy without a license, Al Mal reports. The investigation was prompted by a complaint from a Souq customer. Souq\u2019s\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652886,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/22\/cpa-refers-jumia-to-prosecution-over-unlicensed-meds-sales\/","url_meta":{"origin":548587,"position":2},"title":"CPA refers Jumia to prosecution over unlicensed meds sales","author":"enterpriseam admin","date":"22 January 2017","format":false,"excerpt":"The Consumer Protection Authority (CPA) has referred e-commerce platform Jumia to prosecution for offering unlicensed painkillers after a customer shopping on Jumia lodged a complaint with the CPA, Al Borsa reports. Jumia\u2019s CEO has denied the company is legally responsible for the incident, which he believes is nothing more than\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546772,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/29\/how-it-works-the-cpas-refund-scheme-on-car-down-payment\/","url_meta":{"origin":548587,"position":3},"title":"How it works: The CPA\u2019s refund scheme on car down payment","author":"enterpriseam admin","date":"29 May 2022","format":false,"excerpt":"Want to get a refund on your car payments? Here\u2019s what you can do: Customers who made a down payment or paid partial installments on a car before 12 April but have yet to receive their cars are entitled to receive a full refund plus 18% annual interest, according to\u2026","rel":"","context":"In "Automotive"","block_context":{"text":"Automotive","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/automotive\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/378.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599606,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/local-car-dealers-call-for-consumer-protection-authority-intervention\/","url_meta":{"origin":548587,"position":4},"title":"Local car dealers call for Consumer Protection Authority intervention","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Egypt\u2019s Car Dealers Association (CDA) has called on the Consumer Protection Authority (CPA) to take the necessary action to prevent European auto dealerships from monopolizing the industry, according to Al Mal. The call comes two days after customs duties on fully assembled EU cars fell to 0%. The CDA said\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652241,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/cpa-refers-orange-and-vodafone-to-prosecution-over-4g-services-advertisements\/","url_meta":{"origin":548587,"position":5},"title":"CPA refers Orange and Vodafone to prosecution over 4G services advertisements","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"The Consumer Protection Authority is asking prosecutors to investigate Orange Egypt and Vodafone Egypt over what it claims is \u201cmisleading\u201d advertising of 4G services, Al Mal reports. The CPA alleges both companies have published promotions claiming to provide the \u201cfastest 4G services in Egypt\u201d despite neither having officially launched 4G\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/548587","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=548587"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/548587\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/548585"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=548587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=548587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=548587"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=548587"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=548587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}