{"id":553205,"date":"2022-10-26T13:17:46","date_gmt":"2022-10-26T13:17:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/"},"modified":"2022-10-26T13:17:46","modified_gmt":"2022-10-26T13:17:46","slug":"this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/","title":{"rendered":"THIS EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter?"},"content":{"rendered":"<p><strong>Good afternoon, ladies and gentlemen, and happy almost-THURSDAY.<\/strong> The news cycle is taking a bit of a breather on the local front after the three-day Egypt Economic Conference gave us a very busy start to the week.<\/p>\n<p><strong>THE BIG STORY TODAY<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>The House of Representatives gave its final approval to a handful of bills<\/strong><strong> today<\/strong>, including two bills that will make it harder for people to obtain gun licenses, the Agriculture Act, and amendments to the Civil Status Act that requires citizens to obtain their national IDs at age 15, instead of 16.<\/p>\n<p><strong>THE BIG STORY ABROAD<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Musk\u2019s Twitter takeover could be completed this Friday: <\/strong>Elon Musk has reportedly told the investors who have agreed to finance his USD 44 bn acquisition of Twitter that he plans to close the transaction by this Friday, a source with knowledge of the matter tells <a href=\"https:\/\/www.reuters.com\/markets\/deals\/musk-expected-close-twitter-deal-by-friday-bloomberg-news-2022-10-25\/\">Reuters<\/a>. The equity investors, which include Sequoia Capital, Binance, and Qatar Investment Authority, have received the necessary papers for the financing pledge from Musk\u2019s lawyers, the source said. The banks that have agreed to finance Musk's takeover of Twitter are in the process of signing the relevant documentation for the final debt financing arrangement, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-10-25\/musk-tells-debt-bankers-he-plans-to-close-twitter-deal-on-friday?srnd=premium-asia\">Bloomberg<\/a> reports. The <a href=\"https:\/\/www.wsj.com\/articles\/sequoia-capitals-roelof-botha-predicts-success-for-elon-musk-at-twitter-11666747888?mod=hp_lead_pos4\">Wall Street Journal<\/a> also has the story.<\/p>\n<p><strong>HAPPENING NOW-<\/strong><\/p>\n<p><strong>Egypt and the UAE\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0gKn5z3nuZiF3rVVxhgVD5AaDXHkH4X4bj7L1b3cvYGKcbV5u98c99ivMradBERDgl\">three-day gathering<\/a><\/strong><strong> to mark 50 years of bilateral ties<\/strong> kicked off earlier today, with an economic forum with attendees including ministers, senior officials and business leaders from the two countries. Tomorrow, the event will include a media forum.<\/p>\n<hr class=\"grey-line\">\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>SODIC is making a bid to acquire Orascom for Real Estate:<\/strong> The upmarket real estate developer <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/592bab85-1d68-48e9-8e68-08e6e1699a10\">has submitted<\/a> a preliminary, non-binding offer to acquire 100% of the Orascom Development Egypt subsidiary.<\/li>\n<li><strong>The Egypt Economic Conference wrapped yesterday<\/strong> with closing speeches from President Abdel Fattah El Sisi and Prime Minister Moustafa Madbouly, both of whom <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06c4e072-4011-4127-a6c3-c014b13880aa\">laid out<\/a> what they see as next steps for the state\u2019s role in the economy, manufacturing and other policy areas after three days\u2019 worth of public talks.<\/li>\n<li><strong>From the House yesterday: Green financing + gun licensing + ID cards:<\/strong> The House of Representatives <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d63614d9-03ec-465a-b2c0-646b6a469809\">approved<\/a> two green finance agreements, as well as two draft bills that will make it harder for people to obtain gun licenses, and a draft amendment to the Civil Status Law that would require citizens to get their national ID cards at 15 years old instead of 16 years old.<\/li>\n<\/ul>\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><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.facebook.com\/events\/436637188402429\/\">Empowering the South: Green Economies and Climate Resilience<\/a><\/strong> takes place at the Greek Campus today. Speakers at the conference include former deputy prime minister Ziad Bahaa El Din, Egypt climate czar Mahmoud Mohieldin, and International Cooperation Minister Rania Al Mashat. You can <a href=\"https:\/\/forms.gle\/1dfEn9TaQFP7UqRD6\">register for the event here<\/a>.<\/p>\n<p><strong>An IMF delegation <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/548df8a6-46d5-4604-89fe-ceac80080b93\">will land in Cairo<\/a><\/strong><strong> in the first week of November to continue loan talks<\/strong>, Jihad Azour, the IMF\u2019s director for the Middle East and Central Asia, said earlier this week.<\/p>\n<p><strong>Law firms <\/strong><strong><a href=\"https:\/\/matoukbassiouny.com\/\">Matouk Bassiouny<\/a><\/strong><strong> and <\/strong><strong><a href=\"https:\/\/www.freshfields.com\/\">Freshfields Bruckhaus Deringer<\/a><\/strong><strong> will hold a webinar on <\/strong><strong>2 November<\/strong> that will spotlight COP27\u2019s potential impact on businesses globally. Register for the webinar <a href=\"http:\/\/url4664.communications.freshfields.com\/ls\/click?upn=9u6lJziXwFTRroLfaF1vjQWek2tuDXFztxhjxtTEpkwmCShaiSnbNXL0QFehRi23-2F1a-2FTcavrw5qtYrCz0vpNveKG6miGNZEIyOxcm9-2B9Gd59R4MyRPp9ca7V1AYfBv6Mve4UK9MSLPBSRbcAAgm7d7eCBDsAfVCzVdbKoM-2B3fU-3DopVT_PmquzR4N3BkCDWL8Z-2FjG65Q2ixDI65YTOV8tzq-2FFFrZ9X1fAjGspOrXJUkp1qVtuGJsdPTpJKA47aine4HFaRopgY1oqYB3uM5QEGUWqkQCPK2xMZh9NJMut01eV8p7wYmLGDQeDX-2FMr6iYHCwxi-2FQd7eWVgvpXqA7sVt1zrqzwb2aJqu-2FOnb-2F6XEYertWrrBlmV-2BNaAgRnLMU88JQWOsUccjy7061s8XBh2KSCaOxKBiQ6BtHWzSK7kcae2eTBm2j-2B5LfPg460qDRUO9GNzxw-3D-3D\">here<\/a>.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">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<p>?\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>The showers and thunderstorms of yesterday should mostly give way to the sun tomorrow in Greater Cairo, where our favorite weather app tells us to expect a daytime high of 29\u00b0C and a nighttime low of 19\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, ladies and gentlemen, and happy almost-THURSDAY. The news cycle is taking a bit of a breather on the local front after the three-day Egypt Economic Conference gave us a very busy start to the week. THE BIG STORY TODAY The House of Representatives gave its final approval to a handful of bills today, [&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":[7213],"tags":[637,633,274,187,1010,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553205","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-elon-musk","tag-enterprisepm","tag-house-of-representatives","tag-legislation-watch","tag-twitter","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"872ab5ea-eecc-4f50-80c7-07e3bc6a0f9d","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[553203],"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 EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter? - 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\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter?\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, ladies and gentlemen, and happy almost-THURSDAY. The news cycle is taking a bit of a breather on the local front after the three-day Egypt Economic Conference gave us a very busy start to the week. THE BIG STORY TODAY The House of Representatives gave its final approval to a handful of bills today, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-26T13:17:46+00:00\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter?\",\"datePublished\":\"2022-10-26T13:17:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\"},\"wordCount\":620,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Elon Musk\",\"EnterprisePM\",\"House of Representatives\",\"Legislation Watch\",\"Twitter\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/26\/this-evening-house-signs-off-on-agriculture-act-and-other-bills-is-musk-finally-going-to-acquire-twitter\/\",\"name\":\"THIS EVENING: House signs off on Agriculture Act and other bills + Is Musk finally going to acquire Twitter? 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It appears we\u2019re still some ways away from that end-of-year news slowdown, even though the number of OOO auto-responders we\u2019re getting in our inbox keeps rising by the day.*** Would the real Enterprise Fantasy World Cup winner please stand up? We\u2019re ready to announce the top finisher\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\/2022\/12\/742.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592469,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/06\/fda-greenlights-postpartum-depression-pill-musk-wants-to-foot-your-legal-bills\/","url_meta":{"origin":553205,"position":1},"title":"FDA greenlights postpartum depression pill + Musk wants to foot your legal bills","author":"enterpriseam admin","date":"6 August 2023","format":false,"excerpt":"The pill should bring more awareness to postpartum depression","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/248.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":583409,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/27\/this-evening-shoukry-in-damascus-elon-musk-fires-more-twitter-staff\/","url_meta":{"origin":553205,"position":2},"title":"THIS EVENING: Shoukry in Damascus + Elon Musk fires more Twitter staff","author":"enterpriseam admin","date":"27 February 2023","format":false,"excerpt":"Good afternoon ladies and gentlemen. It\u2019s a relatively quiet Monday so far, but we\u2019d hazard a guess that probably won\u2019t last for too long.THE BIG STORY TODAYForeign Minister Sameh Shoukry visited both Syria and Turkey today to pledge more Egyptian support in the aftermath of two deadly earthquakes earlier this\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\/wp-content\/uploads\/2023\/02\/Sameh-Shoukry-Syria-Visit-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550671,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/14\/this-evening-first-abu-dhabi-bank-withdraws-efg-acquisition-bid-musk-wants-all-of-twitter-plus-nyc-subway-shooter-arrested\/","url_meta":{"origin":553205,"position":3},"title":"THIS EVENING: First Abu Dhabi Bank withdraws EFG acquisition bid + Musk wants all of Twitter. Plus: NYC subway shooter arrested.","author":"enterpriseam admin","date":"14 April 2022","format":false,"excerpt":"We made it to the weekend, friends, and we\u2019re being rewarded with yet another big news day to really feel like we\u2019ve earned some rest.THE BIG STORY TODAY First Abu Dhabi Bank (FAB) has withdrawn its bid to acquire a controllingstake in EFG Hermes, the premier financial services corporation in\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":550895,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/11\/the-ps5-is-the-latest-victim-of-the-supply-chain-crisis-elon-musk-wants-to-un-ban-trump-from-twitter\/","url_meta":{"origin":553205,"position":4},"title":"The PS5 is the latest victim of the supply chain crisis + Elon Musk wants to un-ban Trump from Twitter","author":"enterpriseam admin","date":"11 May 2022","format":false,"excerpt":"The latest victim of the supply chain disruptions: The PS5. Sony\u2019s sales of its highly popular PlayStation5 console nosedived 22.3% in FY 2021-2022, falling to 11.5 mn units (and coming short of an expected 14.8 mn), the company said in its FY 2021-2022 financial statement (pdf). The weak performance led\u2026","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/455.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590614,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/musk-follows-through-on-twitter-rebranding-evidence-of-an-ancient-tsunami-discovered\/","url_meta":{"origin":553205,"position":5},"title":"Musk follows through on Twitter rebranding + Evidence of an ancient tsunami discovered","author":"enterpriseam admin","date":"24 July 2023","format":false,"excerpt":"The logo change is meant to align with his companies\u2019 branding","rel":"","context":"In &quot;FOR YOUR COMMUTE&quot;","block_context":{"text":"FOR YOUR COMMUTE","link":"https:\/\/enterpriseam.com\/egypt\/category\/for-your-commute\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/897.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553205","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=553205"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553205\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/553203"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553205"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553205"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}