{"id":553480,"date":"2021-12-06T03:50:53","date_gmt":"2021-12-06T03:50:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/this-morning-abu-qir-and-ghazl-el-mahalla-unfazed-by-omicron-cyberspace-is-the-new-global-arms-race-frontier\/"},"modified":"2021-12-06T03:50:53","modified_gmt":"2021-12-06T03:50:53","slug":"this-morning-abu-qir-and-ghazl-el-mahalla-unfazed-by-omicron-cyberspace-is-the-new-global-arms-race-frontier","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/this-morning-abu-qir-and-ghazl-el-mahalla-unfazed-by-omicron-cyberspace-is-the-new-global-arms-race-frontier\/","title":{"rendered":"THIS MORNING: Abu Qir and Ghazl El Mahalla unfazed by Omicron + cyberspace is the new global arms race frontier"},"content":{"rendered":"<p><strong>Good morning, friends. <\/strong>From how to learn to manage a hospital though to two nice investment stories, the latest on our transition to EVs, and the FRA\u2019s newfound concern about stonks going to the moon, there\u2019s something for everyone on this brisk-but-not-over-taxing morning.<\/p>\n<p><strong>THE BIG STORY ABROAD- The death of longtime US senator, three-time presidential <\/strong><strong>candidate and <\/strong><strong>Republican leader Bob Dole <\/strong>at age 98 is all over the foreign press this morning, with the <a href=\"https:\/\/www.nytimes.com\/2021\/12\/05\/us\/politics\/bob-dole-dead.html\">New York Times<\/a>, <a href=\"https:\/\/www.wsj.com\/articles\/bob-dole-longtime-senator-republican-leader-dies-at-98-11638723258?mod=hp_lead_pos7\">Wall Street Journal<\/a>, <a href=\"https:\/\/www.washingtonpost.com\/local\/obituaries\/bob-dole-dead\/2021\/12\/05\/3b90ed00-0e55-11e6-8ab8-9ad050f76d7d_story.html\">Washington Post<\/a>, <a href=\"https:\/\/www.ft.com\/content\/e881159c-ae1c-4cd5-8afd-28c83d665578\">Financial Times<\/a>, <a href=\"https:\/\/www.politico.com\/news\/2021\/12\/05\/bob-dole-republican-presidential-nominee-advance-obit-033611\">Politico<\/a>, and <a href=\"https:\/\/www.reuters.com\/world\/us\/former-us-senator-presidential-candidate-bob-dole-dies-age-98-statement-2021-12-05\/\">Reuters<\/a> all out with obituaries.<\/p>\n<p><strong>Is Russia about to invade Ukraine? <\/strong>That\u2019s the contention of the Biden administration \u2014 and a worldview that the <a href=\"https:\/\/www.ft.com\/content\/b287f2e3-3b8b-4095-b704-c255a943c84c\">Financial Times<\/a> claims that Nato and the European Union are now getting behind. The US apparently believes that Russia could invade as \u201cearly as 2022.\u201d<\/p>\n<p><strong>For our fintech (and IB) bros: Meet the top investment banker in the US fintech arena<\/strong>, one Steve McLaughlin, who has been hammering away in the industry since 2002, when he left Goldman Sachs to create <a href=\"https:\/\/www.ftpartners.com\/\">Financial Technology Partners<\/a>, which is on track to make USD 600 mn today despite appearing to have built its website 20 years ago and just left it to sit ever since. The <a href=\"https:\/\/www.wsj.com\/articles\/this-banker-is-minting-money-in-the-fintech-boom-11638712801\">Wall Street Journal<\/a> has a profile.<\/p>\n<p><strong>HAPPENING TODAY-<\/strong><\/p>\n<p><strong>The Central Bank of Egypt will issue USD 1 bn of one-year USD-denominated treasury <\/strong><strong>bills today<\/strong> in an auction that will wrap tomorrow, <a href=\"https:\/\/www.reuters.com\/article\/idUSC6N2S203H\">it said<\/a> Thursday. Egypt has sold some USD 5.1 bn of USD-denominated debt so far in 2021 across five issuances.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry is in Senegal for a two-day visit to attend the <\/strong><strong><a href=\"https:\/\/dakarforum.org\/en\/home-en\/\">Dakar International Forum on Peace and Security<\/a><\/strong>, which will focus on the African continent\u2019s post-covid-19 future, according to a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/212596561050198\">ministry statement<\/a>.<\/p>\n<p><strong>HAPPENING TOMORROW-<\/strong><\/p>\n<p><strong>Aldar \/ ADQ MTO subscription window wraps up tomorrow:<\/strong> SODIC shareholders have until the end of trading tomorrow to respond to the mandatory tender offer submitted by the UAE\u2019s Aldar Properties and Abu Dhabi sovereign wealth fund ADQ.<\/p>\n<p><strong>THIS WEEK-<\/strong><\/p>\n<p><strong>Cairo plays host to a spate of year-end conferences:<\/strong><\/p>\n<ul>\n<li><strong>The two-day <\/strong><strong><a href=\"https:\/\/northafricatradefinance.com\/\">North Africa Trade Finance Summit<\/a><\/strong><strong> starts tomorrow<\/strong>, bringing together business leaders, people from the financial industry, logistics experts and policymakers to discuss trade finance.<\/li>\n<li><strong><a href=\"https:\/\/www.gfhsegypt.com\/\">Global Forum for Higher Education and Scientific Research<\/a><\/strong><strong> runs Wednesday through to Friday<\/strong> at the St. Regis Al Masa Convention Center.<\/li>\n<li><strong><a href=\"https:\/\/www.woodshowglobal.com\/cairo\">The Cairo Woodshow<\/a><\/strong><strong> kicks off on Thursday<\/strong> at the Cairo International Convention Center.<\/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>MORNING MUST READ- <\/strong><\/p>\n<p><strong>Cyberspace is the new frontier for the global arms race \u2014 and can be the gateway for <\/strong><strong>serious global disasters<\/strong>, veteran cybersecurity reporter Nicole Perlroth writes in <strong><a href=\"https:\/\/www.amazon.com\/This-They-Tell-World-Ends\/dp\/1635576059\">This Is How They Tell Me the World Ends<\/a><\/strong>, which was named the <strong>Financial Times and McKinsey Business Book of the Year for 2021<\/strong>. The book details how small and seemingly inconsequential holes in companies\u2019 tech infrastructure can give hackers the space to get \u201ca digital toe in the door\u201d and do anything from steal personal data to launch attacks against national governments \u201cWe are in for some calamitous, cyber-induced event that will take us all down or we will be where we are now, which is death by a thousand cuts\u201d unless significant changes are made, Perlroth says, according to the <a href=\"https:\/\/www.ft.com\/content\/ee79cf95-1ccf-4a25-bd69-fe28ab0f64ad\">Financial Times<\/a>.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>News triggers to keep your eye on:<\/strong><\/p>\n<ul>\n<li><strong>Foreign reserves:<\/strong> November\u2019s foreign reserves figures will be released this week.<\/li>\n<li><strong>Inflation:<\/strong> Inflation figures for November will be released this Thursday, 9 December. Data for inflation typically appears on the 10th of every month, but is moved up one day if that falls on a Friday.<\/li>\n<li><strong>Interest rates:<\/strong> The Central Bank of Egypt\u2019s Monetary Policy Committee will hold its final meeting for the year to review interest rates on Thursday, 16 December.<\/li>\n<\/ul>\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 class='web-image'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** 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<p><strong>In today\u2019s issue:<\/strong> As new trends and digitization take hold in the healthcare industry, private sector hospitals and facilities find a growing need for dedicated managerial-level staff to chart new waters with an eye on the big picture for the industry. Healthcare management \u2014 a still nascent academic major in Egypt \u2014 attempts to prepare more healthcare professionals for that role. Today, we explore how far these programs have come in Egypt, where they are offered, and what their impact is on the sector as a whole.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends. From how to learn to manage a hospital though to two nice investment stories, the latest on our transition to EVs, and the FRA\u2019s newfound concern about stonks going to the moon, there\u2019s something for everyone on this brisk-but-not-over-taxing morning. THE BIG STORY ABROAD- The death of longtime US senator, three-time presidential [&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":[377,168,72,301,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553480","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-cybersecurity","tag-diplomacy","tag-enterpriseam","tag-sameh-shoukry","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"cb72188f-4e75-4537-8a30-21e48824dcd8","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[553478],"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: Abu Qir and Ghazl El Mahalla unfazed by Omicron + cyberspace is the new global arms race frontier - 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\/2021\/12\/06\/this-morning-abu-qir-and-ghazl-el-mahalla-unfazed-by-omicron-cyberspace-is-the-new-global-arms-race-frontier\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Abu Qir and Ghazl El Mahalla unfazed by Omicron + cyberspace is the new global arms race frontier\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. From how to learn to manage a hospital though to two nice investment stories, the latest on our transition to EVs, and the FRA\u2019s newfound concern about stonks going to the moon, there\u2019s something for everyone on this brisk-but-not-over-taxing morning. 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a\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":648641,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/sunday-morning-read-men-bet-she-would-fail-now-she-runs-a-usd-26-bn-fund\/","url_meta":{"origin":553480,"position":1},"title":"Sunday morning read: Men bet she would fail; now she runs a USD 26 bn fund","author":"enterpriseam admin","date":"9 April 2017","format":false,"excerpt":"We suggest you start your morning with a read of \u201cMen bet she would fail; nowshe runs a USD 26 bn fund,\u201d a New York Times Dealbook feature on Dawn Fitzpatrick, 47, who becomes something like the eighth or ninth chief investment officer at George Soros\u2019 Soros Fund Management since\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":567888,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/what-were-tracking-on-10-december-2020\/","url_meta":{"origin":553480,"position":2},"title":"What we\u2019re tracking on 10 December 2020","author":"enterpriseam admin","date":"10 December 2020","format":false,"excerpt":"Good morning, friends. We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count. *** We\u2019re a bit late this morning because one of our cloud services is glitching this morning. We\u2019ve addressed most of the problem,\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":645744,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/30\/what-were-tracking-on-30-july-2017\/","url_meta":{"origin":553480,"position":3},"title":"What we\u2019re tracking on 30 July 2017","author":"enterpriseam admin","date":"30 July 2017","format":false,"excerpt":"It\u2019s a packed issue this morning, so just a handful of notes to get us underway today:Bakers across the country are in a state of panic with the looming end of flour subsidies on Tuesday, 1 August. The Supply Ministry announced over the weekend the newly approved bread subsidy system;\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":621216,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/more-what-were-tracking-on-4-november-2018\/","url_meta":{"origin":553480,"position":4},"title":"More what we\u2019re tracking on 4 November 2018","author":"enterpriseam admin","date":"4 November 2018","format":false,"excerpt":"It\u2019s all enough to make us very happy that Tuesday is Stranger Things Day, according to a video posted on the Netflix show\u2019s Twitter feed. Meanwhile: Your menu of T+0 trading options just got a bit deeper: Last Tuesday\u2019s decision by the Financial Regulatory Authority (FRA) to allow same-day trading\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":650652,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/29\/what-were-tracking-on-29-march-2017\/","url_meta":{"origin":553480,"position":5},"title":"What we\u2019re tracking on 29 March 2017","author":"enterpriseam admin","date":"29 March 2017","format":false,"excerpt":"Some good news to start your morning: Thomas Cook says there are early signs tourists are returning to Egypt, Reuters reports. The tour operator expects to hit its full-year operating targets and says \u201cafter a slow start to the season and a tough year in 2016, we're seeing early signs\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553480","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=553480"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553480\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553478"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553480"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553480"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553480"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553480"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553480"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}