{"id":553337,"date":"2022-09-02T07:00:51","date_gmt":"2022-09-02T07:00:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/"},"modified":"2022-09-02T07:00:51","modified_gmt":"2022-09-02T07:00:51","slug":"your-top-5-pieces-of-business-and-economic-news-in-august-2022-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/","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>Hassan Abdalla was appointed <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cc358ff9-00be-4503-bee9-00159279bfb6\">governor of the Central Bank of Egypt<\/a><\/strong><strong>,<\/strong> after Tarek Amer unexpectedly stepped down.<\/li>\n<li><strong>Loan talks with the IMF have reached the <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/749b35e6-ac62-4dbd-8826-5b09c99fdfad\">\u201cfinal stages,\u201d<\/a><\/strong> Prime Minister Moustafa Madbouly said.<\/li>\n<li><strong>President Abdel Fattah El Sisi appointed <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d007eb5-d6f5-4502-a92d-da863dcbc6a3\">13 new ministers<\/a><\/strong><strong> in a cabinet shake-up<\/strong>, including new trade and industry, tourism and public enterprises ministers.<\/li>\n<li><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/909ab810-4497-4e08-aa0f-e3d6cba91db7\">Egypt is going to ration electricity<\/a><\/strong><strong> in a bid to redirect more natural gas towards exports,<\/strong> to net additional inflows of foreign currency.<\/li>\n<li>Former EGX boss <strong>Mohamed Farid has been appointed as <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/44cce70e-9e32-4176-848b-df0c7a3fcf7f\">chairman of the Financial Regulatory Authority<\/a><\/strong> (FRA) for one year.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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 in a cabinet [&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-553337","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"cb0d60b1-39a7-4034-b5bb-2e9fc7be62ab","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553329],"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\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\" \/>\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: 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 in a cabinet [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-02T07:00:51+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\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\"},\"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\":\"2022-09-02T07:00:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\"},\"wordCount\":116,\"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\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/09\/02\/your-top-5-pieces-of-business-and-economic-news-in-august-2022-2\/\",\"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":553319,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/05\/your-top-5-pieces-of-business-and-economic-news-in-august-2022\/","url_meta":{"origin":553337,"position":1},"title":"Your top 5 pieces of business and economic news in August 2022","author":"enterpriseam admin","date":"5 August 2022","format":false,"excerpt":"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 PowerAdnoc 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\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":553337,"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":553337,"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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