{"id":553319,"date":"2022-08-05T07:26:05","date_gmt":"2022-08-05T07:26:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/"},"modified":"2022-08-05T07:26:05","modified_gmt":"2022-08-05T07:26:05","slug":"your-top-5-pieces-of-business-and-economic-news-in-august-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/","title":{"rendered":"Your top 5 pieces of business and economic news in August 2022"},"content":{"rendered":"<p>Your top 5 pieces of business and economic news in August:<\/p>\n<ul>\n<li><strong>Infinity and AFC closed Africa\u2019s <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c636f569-fcd3-4997-87a2-f5c20bc5691a\">largest-ever renewables acquisition<\/a><\/strong> through acquiring 100% of Lekela Power<\/li>\n<li><strong>Adnoc Distribution is <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b9feab20-0529-4fc8-b246-002709a00f77\">set to buy half of TotalEnergies Egypt<\/a><\/strong> amid a growing Emirati investors' appetite for assets in the country.<\/li>\n<li><strong>Egypt is working on <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/42ff1336-a520-498c-aef3-1023c9fc2fd5\">resolving differences<\/a><\/strong><strong> with the IMF<\/strong> in talks for a fresh assistance program as the global lender <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4c1d4faf-a5be-4238-a39f-fb90d897192a\">urged the government<\/a> to take \u201cdecisive\u201d steps on fiscal and structural reforms.<\/li>\n<li><strong>CIRA\u2019s future flow securitization program <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/050674a7-23fa-4fa6-b397-6d54503705d5\">received the green-light<\/a><\/strong><strong> from the Financial Regulatory Authority,<\/strong> marking the country\u2019s first first-ever future flow securitization<\/li>\n<li><strong>Inflation <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b5767f10-3fb8-45c0-bc85-701b182e66d7\">unexpectedly decelerated<\/a><\/strong><strong>for the first time in seven months<\/strong> in June as food prices fell for a second consecutive month.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in August: Infinity and AFC closed Africa\u2019s largest-ever renewables acquisition through acquiring 100% of Lekela Power Adnoc Distribution is set to buy half of TotalEnergies Egypt amid a growing Emirati investors' appetite for assets in the country. Egypt is working on resolving differences with the IMF [&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":[9513],"tags":[2604,2611],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553319","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"1254e566-cec3-4f18-81b1-75e638ab2c0e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553313],"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>Your top 5 pieces of business and economic news in August 2022 - 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\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Your top 5 pieces of business and economic news in August 2022\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in August: Infinity and AFC closed Africa\u2019s largest-ever renewables acquisition through acquiring 100% of Lekela Power Adnoc Distribution is set to buy half of TotalEnergies Egypt amid a growing Emirati investors&#039; appetite for assets in the country. Egypt is working on resolving differences with the IMF [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-05T07:26:05+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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Your top 5 pieces of business and economic news in August 2022\",\"datePublished\":\"2022-08-05T07:26:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\"},\"wordCount\":131,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseYourWealth\",\"YOUR TOP 5\"],\"articleSection\":[\"YOUR TOP 5\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/\",\"name\":\"Your top 5 pieces of business and economic news in August 2022 - 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Direct flights between Russia and Egypt\u2019s Red Sea resorts\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553337,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/","url_meta":{"origin":553319,"position":1},"title":"Your top 5 pieces of business and economic news in August 2022","author":"enterpriseam admin","date":"2 September 2022","format":false,"excerpt":"Your top 5 pieces of business and economic news in August: Hassan Abdalla was appointed governor of the Central Bank of Egypt, after Tarek Amer unexpectedly stepped down.Loan talks with the IMF have reached the \u201cfinal stages,\u201d Prime Minister Moustafa Madbouly said.President Abdel Fattah El Sisi appointed 13 new ministers\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576817,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/04\/your-top-5-pieces-of-business-and-economic-news-in-august\/","url_meta":{"origin":553319,"position":2},"title":"Your top 5 pieces of business and economic news in August","author":"enterpriseam admin","date":"4 September 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in August: Egypt\u2019s non-oil private sector contracted at its slowest pace in a year in July, according to IHS Markit PMI figures.The Finance Ministry is looking to end tax exemptions enjoyed by financial institutions on returns on government bonds.Blackstone energy developer\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576832,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/02\/your-top-5-pieces-of-business-and-economic-news-in-september\/","url_meta":{"origin":553319,"position":3},"title":"Your top 5 pieces of business and economic news in September","author":"enterpriseam admin","date":"2 October 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in September: Egypt\u2019s non-oil private sector recovery stalled in August, according to IHS Markit PMI figures.The Central Bank of Egypt made a surprise 50 bps interest rate cut in September \u2014 its first since March.Remittances from Egyptians working abroad unexpectedly rose\u2026","rel":"","context":"In 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