{"id":550464,"date":"2022-10-30T04:00:43","date_gmt":"2022-10-30T04:00:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-morning-russia-bails-on-ukraine-grain-pact-following-crimea-drone-attack\/"},"modified":"2022-10-30T04:00:43","modified_gmt":"2022-10-30T04:00:43","slug":"this-morning-russia-bails-on-ukraine-grain-pact-following-crimea-drone-attack","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/30\/this-morning-russia-bails-on-ukraine-grain-pact-following-crimea-drone-attack\/","title":{"rendered":"THIS MORNING: Russia bails on Ukraine grain pact following Crimea drone attack"},"content":{"rendered":"<p><strong>Good morning, wonderful people. We hope the weekend was good to you <\/strong>\u2014 and that you\u2019ve had plenty of time to digest the float of the EGP and rate hike at the same time as you put your your Halloween decorations.<\/p>\n<p><strong>Our special issue of EnterprisePM had the rundown on everything you need to know. <\/strong><a href=\"https:\/\/enterprise.press\/afternoons\/pm-taweem-3-0-sees-egp-at-23-03-against-the-greenback\/\">Tap<\/a><a href=\"https:\/\/enterprise.press\/afternoons\/pm-taweem-3-0-sees-egp-at-23-03-against-the-greenback\/\">or click here to give it a read<\/a> or head below to the start of the news well for the Cliff\u2019s \/ York \/ Coles notes version, to which we\u2019ve added some analyst feedback from over the weekend.<\/p>\n<p><strong>THE QUESTION OF THE MORNING: Where will the EGP settle? <\/strong>It closed at 23.03 to the greenback on Thursday, fractionally higher than most bankers we spoke with early in the day had expected \u2014 and higher than our <a href=\"https:\/\/enterprise.press\/afternoons\/pm-the-enterprise-fall-2022-reader-survey-the-results\/\">Fall 2022 Reader Survey<\/a> and most analysts had predicted just a few short weeks ago.<\/p>\n<p><strong>About 10x more FX changed hands in the interbank market on Thursday <\/strong>than usual, we\u2019re told, suggesting that 23.03 likely not far off the market-clearing price that finds sellers willing to sell and buyers happy to buy.<\/p>\n<p><strong>Let the price gouging begin? <\/strong>Some companies are already re-pricing goods \u2014 and more than a few of them are being greedy. Don\u2019t be greedy, warns Prime Minister Moustafa Madbouly, particularly when it comes to imported commodities. Madbouly told a meeting of the nation\u2019s 27 governors this weekend that folks <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0BmwXRj6XDkrhynzp9FfEUfzH8VgkPi9XcPiZHSAJb28Vodgcrs1zNGuV9eRhrXZal\">hoarding, price gouging or trying to corner the market on a given commodity would face \u201charsh penalties.\u201d<\/a> We have that and more in Last Night\u2019s Talk Shows, below.<\/p>\n<p><strong>The bottom line: Hassan Abdalla\u2019s medicine was just what the doctor ordered. <\/strong>While he\u2019ll be busy in the weeks and months to come, the ball is now in Cabinet\u2019s court to push ahead with the policy reforms necessary to ensure that we don\u2019t wind up in the same position two or three or five years down the road.<\/p>\n<p><strong>A good starting point?<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/feeda831-c0fd-43df-b197-08ddb74254e7\">Building an economy based on exports and FDI.<\/a><\/p>\n<p><strong>UPCOMING NEWS TRIGGERS-<\/strong><\/p>\n<p><strong>It\u2019s almost at the start of a new month- <\/strong>The key news triggers as we slide towards November:<\/p>\n<ul>\n<li><strong>PMI:<\/strong> We\u2019ll know how Egypt\u2019s private sector fared in October on Wednesday when S&P Global releases the purchasing managers\u2019 index. A 22-month contraction in private sector activity didn\u2019t <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b7956e2-bf64-4f31-872d-460d0234cc4f\">show signs of abating<\/a> in September as high inflation continued to weigh on demand and output.<\/li>\n<li><strong>Foreign reserves figures for October<\/strong> will be released next week.<\/li>\n<li><strong>Inflation:<\/strong> Capmas and the central bank will release October\u2019s inflation figures on Thursday, 10 November.<\/li>\n<\/ul>\n<p><strong>And, of course, COP27 starts just one week from today<\/strong> in Sharm El Sheikh. Big days to look out for include:<\/p>\n<ul>\n<li><strong>World leaders\u2019 summit: <\/strong>November 7-8 (<a href=\"https:\/\/cop27.eg\/assets\/files\/days\/COP27%20PRELIMINARY%20ARRANGEMENTS-DOC-01-EGY-10-22-EN-2.pdf\">tons of details here<\/a>)<\/li>\n<li><strong>Finance day: <\/strong>November 9<\/li>\n<li><strong>Decarbonization day:<\/strong> November 11<\/li>\n<li><strong>Adaptation and agriculture day:<\/strong> November 12<\/li>\n<li><strong>Water day:<\/strong> November 14<\/li>\n<li><strong>Energy day:<\/strong> November 15<\/li>\n<\/ul>\n<p><strong>A fairly detailed schedule is online here<\/strong> and <a href=\"https:\/\/cop27.eg\/assets\/files\/COP27-PRESIDENCY-VISION-THEMATIC-DAYS-FULL-PROGRAM-New.pdf\">available for download as a .pdf here<\/a>.<\/p>\n<p><strong>PSA #3: Heading to COP27? The app is now available for download <\/strong>from the <a href=\"https:\/\/apps.apple.com\/gb\/app\/cop27\/id1632885226\">App Store<\/a> as well as from the <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.mcit.cop27\">Google Play Store<\/a>.<\/p>\n<p><strong>HAPPENING TODAY-<\/strong><\/p>\n<p><strong>The Senate is back in session today:<\/strong> Senators are returning from a two-week holiday to discuss and vote on legislative amendments that would tighten controls on telecom equipment considered a threat to national security. Changes to the 2003 Telecommunications Act would ban the possession, import and manufacture of certain types of equipment without a license. Lawmakers have not publicly announced what types of equipment would be banned by the legislation \u2014 those details are quite likely to be left to the executive regulations of the act, which must be made public six months after the bill is signed into law by the president.<\/p>\n<p><strong><a href=\"https:\/\/www.egypt-energy.com\/en\/home.html\">Egypt Energy<\/a><\/strong><strong> opens its doors today:<\/strong> The three-day energy conference brings together policymakers and business leaders from the regional energy sector to discuss topics including power generation, clean energy, and PPP and foreign investment. The event is taking place at the Egypt International Exhibition Center and runs through Tuesday.<\/p>\n<p><strong>PSA #1- Clocks shifted back an hour in the UK this weekend<\/strong>, so London is now two hours behind Cairo. Areas of the United States and Canada will follow suit next weekend. <strong>Egypt dumped daylight saving time <\/strong><strong><a href=\"https:\/\/enterprise.press\/stories\/2016\/06\/29\/what-were-tracking-on-29-july-2016-daylight-saving-scrapped-house-to-vote-on-budget-egypt-to-open-rafah-border-crossing\/\">back in 2016<\/a><\/strong>, with the peak of DST madness having come in 2014, when clocks changed <a href=\"https:\/\/enterprise.press\/stories\/2016\/05\/03\/its-pmi-day-in-mena-daylight-savings-is-coming-back\/\">four times in one year<\/a> (forward in spring, back for Ramadan, forward again after Ramdan, and then back in fall at the end of DST).<\/p>\n<p><strong>PSA #2- We don\u2019t expect a re-run of Thursday\u2019s rain anytime soon. <\/strong>Our favorite weather app shows nothing but clear skies (with cloudy periods) for the next 10 days. Look for daytime highs this week of 25-27\u00b0C and overnight lows of 14-15\u00b0C.<\/p>\n<p><strong>LATER THIS WEEK-<\/strong><\/p>\n<p><strong>Importers, exporters and customs agents <\/strong><strong><a href=\"https:\/\/www.facebook.com\/NafezaEgypt\/posts\/pfbid0asWdUR2zm1WbxVYXoEkv2xS9eLS97ifVPKoBYLGEwKsMCqnQrtuvBs6JvXoE9r8nl\">have two days<\/a><\/strong><strong><a href=\"https:\/\/www.facebook.com\/NafezaEgypt\/posts\/pfbid0asWdUR2zm1WbxVYXoEkv2xS9eLS97ifVPKoBYLGEwKsMCqnQrtuvBs6JvXoE9r8nl\">left<\/a><\/strong> to register to join the Finance Ministry\u2019s digital customs system <strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9e2f68a-8c99-4750-b736-cbcdd6f65839\">Nafeza<\/a><\/strong> before they can no longer clear goods out of customs at seaports. (<a href=\"https:\/\/www.facebook.com\/NafezaEgypt\/posts\/pfbid0asWdUR2zm1WbxVYXoEkv2xS9eLS97ifVPKoBYLGEwKsMCqnQrtuvBs6JvXoE9r8nl\">Statement<\/a> | <a href=\"https:\/\/bit.ly\/3SHUlNq\">Al Mal<\/a>)<\/p>\n<p><strong>The Federal Reserve will hold its penultimate policy meeting of 2022 on Tuesday and <\/strong><strong>Wednesday: <\/strong>The folks over at the Fed aren\u2019t expected to take their feet off the gas when they meet this week to review interest rates. The market is pricing in a fourth consecutive 75-bps rate hike on the back of another disappointing inflation release which showed core inflation reaching a new 40-year high in September despite the central bank embarking on its most aggressive tightening cycle in decades. And <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-28\/key-us-inflation-gauges-advance-keeping-fed-hikes-on-track?sref=mmeFTDW1\">in reports yesterday<\/a>, two other indexes closely watched by the Fed provided additional evidence that inflationary pressures continued unabated in September.<\/p>\n<p><strong>How high?<\/strong> Economists surveyed by <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-28\/fed-seen-aggressively-hiking-to-5-triggering-global-recession?sref=mmeFTDW1\">Bloomberg<\/a> now see the Fed pushing interest rates up to 5% by March 2023 \u2014 a level which would likely push the US and the global economy into recession. The central bank has jacked up the Fed Funds Rate by 300 bps since March, and an additional 75-bps hike on Wednesday will raise the target range to 3.75-4% \u2014 its highest level since early 2008.<\/p>\n<p class='web-image' ><a href='#'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/6\/Enterprise-Climate-Teaser-1600.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>COUNTDOWN TO COP (7 days to go)-<\/strong><\/p>\n<p><strong>Egypt has some sort of climate initiative in the making: <\/strong>Egypt will unveil an initiative to confront climate change during COP27, Foreign Minister Sameh Shoukry told Al Arabiya (<a href=\"https:\/\/bit.ly\/3FsWNEn\">watch, runtime: 27:48<\/a>), without giving any details. He added that the state is revising its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/84b2c1a3-a226-436d-a2d0-d6edd39ab618\">national plan to reduce emissions<\/a>.<\/p>\n<p><strong>Protests welcome at COP: <\/strong>Egypt will allow environmental activists to protest near the conference hall and their voices to be heard, Shoukry said. Activists will have a designated area across the street from where COP will be taking place, he said.<\/p>\n<p><strong>We\u2019ll definitely be seeing Biden at COP27\u2026 <\/strong>US President Joe Biden will be heading to Egypt next week to attend COP27 on 11 November, White House spokesperson Karine Jean-Pierre <a href=\"https:\/\/eg.usembassy.gov\/statement-by-press-secretary-karine-jean-pierre-on-president-bidens-travel-to-north-africa-and-asia-and-vice-president-harriss-travel-to-asia\/\">confirmed Thursday<\/a>.<\/p>\n<p><strong>\u2026but No King Charles or Sunak:<\/strong> The UK government <a href=\"https:\/\/www.theguardian.com\/uk-news\/2022\/oct\/28\/king-charles-will-not-attend-cop27-in-egypt-no-10-confirms\">has confirmed<\/a> that King Charles will not make an appearance at COP. Also not making the trip is new UK Prime Minister Rishi Sunak who <a href=\"https:\/\/www.theguardian.com\/environment\/2022\/oct\/27\/rishi-sunak-will-not-attend-cop27-climate-summit\">reportedly has<\/a> \u201cother pressing domestic commitments.\u201d<\/p>\n<p><strong>Our friends at Hassan Allam Holding have signed up as a provider sponsor at COP27<\/strong>, the company said in <a href=\"https:\/\/ent.news\/2022\/10\/HAH-COP27-Sponsership-English-26.10.pdf\">a statement (pdf)<\/a>.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>THE BIG STORY ABROAD- That Turkey-brokered wheat pact is dead. <\/strong> The world could be heading back to the bad old days of pre-23 July wheat shortages after Russia yesterday withdrew from the landmark UN-brokered <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f1933af3-aebe-45a8-88cc-f95f09cc11fd\">wheat pact<\/a> that allowed Ukraine to resume exporting grain via the Black Sea. In a statement yesterday, the Russian Defense Ministry announced it would be suspending its participating in the agreement following what it said was a \u201cterrorist\u201d drone attack by Ukraine on its Black Sea naval fleet in Sevastopol, Russian news agency <a href=\"https:\/\/tass.com\/russia\/1529595\">TASS<\/a>reported. The agreement, signed at the end of July, has allowed Ukraine to export more than 9 mn tons of grain around the world, helping to ease a global food supply crisis triggered by the war in Ukraine. <strong>The story is everywhere<\/strong>, including the <a href=\"https:\/\/apnews.com\/article\/russia-ukraine-europe-government-and-politics-3b563bd6f79f815c7e9f33505dd25334?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_02\">Associated Press<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/europe\/russia-suspends-participation-deal-ukraine-grain-exports-tass-2022-10-29\/\">Reuters<\/a> | <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-29\/russia-halting-involvement-in-ukraine-grain-safe-transit-deal?srnd=premium-middle-east\">Bloomberg<\/a>| <a href=\"https:\/\/www.ft.com\/content\/3e700f18-81bc-4336-b944-ba7c1146c6e5\">Financial Times<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/blasts-hit-crimean-port-where-russian-fleet-is-based-11667048899?mod=hp_lead_pos1\">WSJ<\/a> | <a href=\"https:\/\/www.cnbc.com\/2022\/10\/29\/russia-halts-participation-in-the-black-sea-grain-initiative.html\">CNBC<\/a>.<\/p>\n<p><strong>Also getting a lot of attention this morning: <\/strong><strong>At least 149 people celebrating Halloween in <\/strong><strong>Seoul were killed in a stampede<\/strong> yesterday. Some 150 others were injured in the crush, with many in critical condition. The exact cause of the incident remains unknown. The <a href=\"https:\/\/apnews.com\/article\/arrests-seoul-south-korea-61ba79a6f2c3e204c25fad9245fb36a2?utm_source=homepage&utm_medium=TopNews&utm_campaign=position_01\">AP<\/a> | <a href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/about-50-people-reported-hurt-stampede-south-korea-yonhap-2022-10-29\/\">Reuters<\/a> | <a href=\"https:\/\/edition.cnn.com\/asia\/live-news\/seoul-south-korea-halloween-deaths\/index.html\">CNN<\/a>| and <a href=\"https:\/\/www.washingtonpost.com\/world\/2022\/10\/29\/itaewon-seoul-halloween-stampede\/\">Washington Post<\/a> have the story.<\/p>\n<p><strong>BRIEFLY NOTED-<\/strong><\/p>\n<p><strong>DATA POINT- Suez Canal revenues rose 27% y-o-y in October<\/strong>, clocking in at USD 703.4 mn compared to USD 552.9 mn in October 2021, the canal\u2019s chairman Osama Rabie <a href=\"https:\/\/bit.ly\/3gQAhv4\">said<\/a> Friday.<\/p>\n<p><strong>Al Ahly <\/strong><strong>claimed the Egyptian Super Cup on Thursday<\/strong> beating Zamalek 2-0 in Abu Dhabi to deny their cross-town rivals the treble. This marks the club\u2019s 12th Super Cup title, and comes just a couple of months after suffering a 2-1 defeat to Zamalek in the Egypt Cup final.<\/p>\n<p><strong>IN MEMORIAM- Bahaa Taher, the Egyptian author and recipeint of the first iteration of the <\/strong><strong>Arabic <\/strong><strong>Booker prize, passed away Thursday at the age of 87 <\/strong>after a long battle with illness, <a href=\"https:\/\/www.sis.gov.eg\/Story\/172340\/Prominent-Egyptian-writer-Bahaa-Taher-dies-aged-87?lang=en-us\">according to the State Information Service<\/a>. The acclaimed author is best known for his novel Sunset Oasis, which won the inaugural International Prize for Arabic Fiction in 2008.<\/p>\n<p class='web-image' ><a href='https:\/\/whatsnext.enterprise.press\/'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/11\/Whats-Next-Vertical-Banner-En-1600-1.jpg?ssl=1\" alt='enterprise'><\/a><\/p>\n<p><strong>*** It\u2019s What\u2019s Next day:<\/strong> We have our weekly deep-dive into what makes and shapes pre-listed companies and startups in Egypt, the UAE and KSA, touching on investment trends, future sector insights and growth journeys.<\/p>\n<p><strong>In today\u2019s issue:<\/strong> We sit down with angel investor Biola Alabi who recently joined Cairo Angels Syndicate Fund as a venture partner to talk about the African startup scene, collaboration between African VCs, access to capital on the continent, and the global VC funding squeeze.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, wonderful people. We hope the weekend was good to you \u2014 and that you\u2019ve had plenty of time to digest the float of the EGP and rate hike at the same time as you put your your Halloween decorations. Our special issue of EnterprisePM had the rundown on everything you need to know. [&hellip;]<\/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":[721,214,7286,228,72,565,890,180,270,1341,392,7103,74,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550464","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-al-ahly","tag-cit","tag-climate","tag-cop27","tag-enterpriseam","tag-food-security","tag-hassan-allam-holding","tag-legislation","tag-russia","tag-russia-ukraine-conflict","tag-senate","tag-suez-canal","tag-what-were-tracking-today","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"4c762c9d-c858-4ccb-b599-b1da88fdb565","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[550462],"teaser":"","voice_url":""},"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>THIS MORNING: Russia bails on Ukraine grain pact following Crimea drone attack - 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\/10\/30\/this-morning-russia-bails-on-ukraine-grain-pact-following-crimea-drone-attack\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Russia bails on Ukraine grain pact following Crimea drone attack\" \/>\n<meta property=\"og:description\" content=\"Good morning, wonderful people. We hope the weekend was good to you \u2014 and that you\u2019ve had plenty of time to digest the float of the EGP and rate hike at the same time as you put your your Halloween decorations. Our special issue of EnterprisePM had the rundown on everything you need to know. 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The holiday slowdown remains in full effect as we inch closer to New Year\u2019s Eve. Headlines both at home and abroad remain calm, making it the perfect time to pick up a book or plug into a podcast during the downtime.THE BIG STORY ABROAD- ? There\u2019s next\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","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\/2025\/6\/766.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554152,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/22\/this-morning-ghazl-el-mahallas-subscription-period-will-be-announced-this-week-russia-vs-nato-showdown-is-still-a-thing-equities-bounce-back-but-omicron-fears-remain\/","url_meta":{"origin":550464,"position":1},"title":"THIS MORNING: Ghazl El Mahalla\u2019s subscription period will be announced this week; Russia vs. Nato showdown is still a thing; equities bounce back but omicron fears remain","author":"enterpriseam admin","date":"22 December 2021","format":false,"excerpt":"Good morning, everyone, and happy Wednesday to you all. Just three more sleeps until (western) Christmas for the kids out there who celebrate the occasion.PSA #1- We\u2019re taking a handful of our customary end-of-year publication holidays. EnterprisePM is going on break today and will return on 2 January. EnterpriseAM will\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":545154,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/08\/this-evening-happy-international-womens-day-ukraine-ceasefire-seems-to-be-holding-up-the-egx-slips-further-into-correction-territory-today\/","url_meta":{"origin":550464,"position":2},"title":"THIS EVENING: Happy international women\u2019s day + Ukraine ceasefire seems to be holding up + The EGX slips further into correction territory today","author":"enterpriseam admin","date":"8 March 2022","format":false,"excerpt":"Happy Tuesday, ladies and gentlemen \u2014 and happy International Women\u2019s Day. This year\u2019s theme for the day is \u201cbreak the bias,\u201d encouraging everyone to \u201cactively call out gender bias, discrimination and stereotyping.\u201d Today\u2019s Google Doodle also features a slideshow portraying the different roles women take on in their daily lives.Today,\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","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":676206,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/25\/arabia-developments-launches-egp-30-bn-tower-complex-in-new-capital\/","url_meta":{"origin":550464,"position":3},"title":"Arabia Developments launches EGP 30 bn tower complex in New Capital","author":"enterpriseam admin","date":"25 November 2025","format":false,"excerpt":"Good afternoon, friends, and happy hump day. We\u2019re getting ready to wind down for the week, but it seems the news cycle isn\u2019t following suit.THE BIG STORY TODAY- ?Arabia Developments has launched a EGP 30 bn mixed-use tower compound in the New Capital, dubbed KOR, according to a statement (pdf)\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","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\/2025\/11\/1944.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543918,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/24\/this-morning-did-war-just-break-out-in-ukraine\/","url_meta":{"origin":550464,"position":4},"title":"THIS MORNING: Did war just break out in Ukraine?","author":"enterpriseam admin","date":"24 February 2022","format":false,"excerpt":"Good morning, friends, and welcome to THURSDAY. It\u2019s a nail-biter of a finish to the week on a morning that we\u2019d otherwise consider a \u201cslow news day\u201d \u2014 were it not for the incessant beat of war drums in the air. 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