{"id":553557,"date":"2021-12-08T03:53:24","date_gmt":"2021-12-08T03:53:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/this-morning-more-cop27-announcements-schools-are-closed-again-in-alexandria-due-to-bad-weather\/"},"modified":"2021-12-08T03:53:24","modified_gmt":"2021-12-08T03:53:24","slug":"this-morning-more-cop27-announcements-schools-are-closed-again-in-alexandria-due-to-bad-weather","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/08\/this-morning-more-cop27-announcements-schools-are-closed-again-in-alexandria-due-to-bad-weather\/","title":{"rendered":"THIS MORNING: More COP27 announcements + schools are closed again in Alexandria due to bad weather"},"content":{"rendered":"

Good morning, nice people, and happy almost-THURSDAY. <\/strong>It\u2019s another busy news day (as it so often is at this time of year), so let\u2019s jump right in:<\/p>\n

WHAT\u2019S HAPPENING TODAY-<\/strong><\/p>\n

School\u2019s out in Alexandria, Matrouh for the second time this week:<\/strong> All schools across Alexandria and Matrouh will be closed today and fourth grade exams will be pushed to next week in anticipation of stormy weather forecasted by the Meteorological Authority, the two governorates announced<\/a> yesterday. Alexandria University also followed suit, shutting the doors to its campus today and moving its classes online, Youm7<\/a> reported.<\/p>\n

Alex Governor Mohamed El Sherif hit the talkshows last night to discuss the closure<\/strong> (watch, runtime: 10:13<\/a>). The governorate closed schools on Sunday<\/a> to cut down on traffic so vacuum trucks could clear flooded streets.<\/p>\n

Expect a high today of just 19\u00b0C and heavy winds in the capital city<\/strong>, with the winds picking up substantially from mid-morning until late afternoon. There\u2019s no significant chance of rain in Cairo today.<\/p>\n

FOR TOMORROW-<\/strong><\/p>\n

Inflation <\/strong>figures for November will be released. Data for inflation typically appears on the 10th of every month, but is moved up one day if that falls on a Friday.<\/p>\n

THE BIG STORY ABROAD<\/strong>- No single story is dominating the international press this morning. <\/strong>The UAE\u2019s switch to a Saturday-Sunday weekend<\/a> is getting front-page play from Bloomberg, the Financial Times<\/a> is leading with the US\u2019 threat to cut off Russia\u2019s Nord Stream 2 pipeline if Russia invades Ukraine, and the WSJ\u2019s top story<\/a> is a look at what Amazon means to local US labour markets. Reuters<\/a>, meanwhile, writes that up to 1 mn doses of covid-19 vaccines expired in Nigeria last month.<\/p>\n

Auf wiedersehen, Angela: <\/strong>Germany waved goodbye to its leader of 16 years yesterday as Angela Merkel stepped down as the country\u2019s chancellor to make way for successor Olaf Scholz, who is set to be sworn in today. Widely regarded as a steady hand at the tiller both for Germany and the EU, Merkel\u2019s no-nonsense approach saw her become something of a figurehead for democratic stability and centrist compromise. At home, Merkel\u2019s departure heralds a wider changing of the guard, after her Christian Democrat party suffered heavy losses in September\u2019s national elections, leaving Scholz\u2019s Social Democrats to govern in a three-party coalition<\/a>. The story is everywhere from the AP<\/a> to the BBC<\/a> and the New York Times<\/a>.<\/p>\n

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The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

MEANWHILE-<\/strong><\/p>\n

FinMin goes green:<\/strong> The government will introduce next March a stimulus package to aid Egypt\u2019s transition to a green economy, Vice Minister of Finance Ahmed Kouchouk is quoted as having told Al Mal<\/a>. The package of measures will be announced during budget season ahead of the new fiscal year and will offer targeted financial incentives to encourage sustainable and carbon emission-reducing projects, Kouchouk said, without providing further details.<\/p>\n

This is the latest in a string of announcements to boost the government\u2019s green <\/strong>credentials before global leaders descend on Sharm El Sheikh for the <\/strong>COP27 climate summit<\/a><\/strong>, which is due to take place next November. The government is already lining up a carbon capture agreement with Eni<\/a> to be announced at the summit, and has ordered construction of the country\u2019s first green hydrogen plant<\/a> to be accelerated so it can be showcased during the event. The cabinet also wants all cars and buses in Sharm and Hurghada to either be converted to run on natural gas or be swapped out for EVs by the time COP27 rolls around.<\/p>\n

ALSO- Pre-ordering cars could become (once again) a thing in Egypt:<\/strong> The Consumer Protection Agency is currently working<\/a> on a pre-order form to allow consumers to reserve a new car before it\u2019s on the market. Anybody else remember the days pre-devaluation when receipts for cars that had been paid for, but not yet delivered, were nearly a form of currency? <\/strong><\/p>\n

FROM THE DEPARTMENT OF THE OBVIOUS- The shift to electric vehicles will come at a <\/strong>cost.<\/strong> The EU\u2019s plans to ban combustion-engine vehicles by 2035 and shift towards EVs will put up to 500k jobs at risk, according to a poll of European auto suppliers. Job creation in the EV sector will partly offset this though by less than half, according to a separate study by PwC. (Financial Times<\/a>)<\/sup><\/p>\n

CIRCLE YOUR CALENDAR-<\/strong><\/p>\n

The Cairo Woodshow<\/a><\/strong> kicks off on Thursday<\/strong> at the Cairo International Convention Center<\/p>\n

Booster shot registration:<\/strong> The Health Ministry will begin allowing senior citizens with chronic medical conditions, as well as all medical staff, to register for a booster covid-19 vaccine as of next Sunday, 12 December.<\/p>\n

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.<\/p>\n

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

enterprise<\/p>\n

*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, urban development and social infrastructure such as health and education.<\/p>\n

In today\u2019s issue: <\/strong>Two months after the Finance Ministry\u2019s digital customs system, Nafeza, was rolled out, there doesn\u2019t appear to be any major sources of trouble with the system, even as it is imposed on a largely digitally illiterate demographic. The system is being rolled out in phases, with an eye to have a fully-digital process by mid-next year. Today, we look at the factors to watch over the next several months to gauge how successful the system is.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, nice people, and happy almost-THURSDAY. It\u2019s another busy news day (as it so often is at this time of year), so let\u2019s jump right in: WHAT\u2019S HAPPENING TODAY- School\u2019s out in Alexandria, Matrouh for the second time this week: All schools across Alexandria and Matrouh will be closed today and fourth grade exams […]<\/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":[782,3055,72,276,3056,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-553557","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-ahmed-kouchouk","tag-angela-merkel","tag-enterpriseam","tag-finance-ministry","tag-matrouh","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"3a740387-62e6-4e6a-b5ef-f07d6bef5c1a","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[553555],"teaser":"","voice_url":""},"yoast_head":"\nTHIS MORNING: More COP27 announcements + schools are closed again in Alexandria due to bad weather - 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\/08\/this-morning-more-cop27-announcements-schools-are-closed-again-in-alexandria-due-to-bad-weather\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: More COP27 announcements + schools are closed again in Alexandria due to bad weather\" \/>\n<meta property=\"og:description\" content=\"Good morning, nice people, and happy almost-THURSDAY. 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Plus: Omicron has landed in Egypt and another storm is coming.","author":"enterpriseam admin","date":"19 December 2021","format":false,"excerpt":"Good morning, friends. Want to have breakfast with us in 2022? Go take ourannual Enterprise Reader Poll. It won\u2019t take more than a couple of minutes of your time. We\u2019ll be inviting eight readers who take the poll to have breakfast with us early in the new year (covid restrictions\u2026","rel":"","context":"In "What We're Tracking Today"","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":576479,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/25\/last-nights-talk-shows-on-25-november-2020\/","url_meta":{"origin":553557,"position":1},"title":"Last Night\u2019s Talk Shows on 25 November 2020","author":"enterpriseam admin","date":"25 November 2020","format":false,"excerpt":"Vaccines and covid-19 dominated the airwaves last night: We have full coverage on all the day\u2019s vaccine-related news in this morning\u2019s Speed Round, below. School is off today in a number of governorates: Yahduth Fi Misr\u2019s Sherif Amer phoned Alexandria governor Mohamed El Sharif, who said that schools will be\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554011,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/this-morning-cbe-gathers-for-its-final-policy-meeting-today-new-gafi-services-unit-for-egx-listed-companies-schools-out-in-alexandria-again\/","url_meta":{"origin":553557,"position":2},"title":"THIS MORNING: CBE gathers for its final policy meeting today + new GAFI services unit for EGX-listed companies + school\u2019s out in Alexandria (again)","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"Good morning, friends, and welcome to the final day of the workweek. We\u2019re looking forward to the weekend, even though our hopes of seeing Egypt in the Arab Cup final match on Saturday were dashed last night after the Pharaohs scored an own-goal in the last few seconds of their\u2026","rel":"","context":"In "What We're Tracking Today"","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":592802,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/06\/egypt-to-launch-alexandria-metro-tender-in-1q2020\/","url_meta":{"origin":553557,"position":3},"title":"Egypt to launch Alexandria metro tender in 1Q2020","author":"enterpriseam admin","date":"6 November 2019","format":false,"excerpt":"The Alexandria governorate will launch an international tender in 1Q2020 for building an underground metro in Alexandria, Governor Abdel Aziz Konsowa said, according to the local press. The EGP 17 bn first phase of the project will link Abu Qir in the east to the mid-western Mahatet Masr in Attarin,\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":554192,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/23\/this-morning-a-quiet-end-to-the-workweek-schools-out-again-in-alexandria-football-crypto-tokens-are-under-a-watchful-eye\/","url_meta":{"origin":553557,"position":4},"title":"THIS MORNING: A quiet end to the workweek; school\u2019s out (again) in Alexandria; football crypto tokens are under a watchful eye","author":"enterpriseam admin","date":"23 December 2021","format":false,"excerpt":"Good morning, ladies and gents, and welcome to the second-to-last Thursday of the year. We\u2019re within arm\u2019s reach of (western) Christmas and it\u2019ll be time to ring in the new year before you know it.PSA #1- Our customary end-of-year publication holiday season is upon us: EnterprisePM will continue to be\u2026","rel":"","context":"In "What We're Tracking Today"","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":555592,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/21\/this-morning-abu-auf-expands-to-uae-egx-stimulus-measures-get-mixed-reception-and-bad-weather-shutters-schools-in-10-governorates\/","url_meta":{"origin":553557,"position":5},"title":"THIS MORNING: Abu Auf expands to UAE + EGX stimulus measures get mixed reception and bad weather shutters schools in 10 governorates.","author":"enterpriseam admin","date":"21 November 2021","format":false,"excerpt":"Good morning, friends. We\u2019re enjoying brisk air and a torrent of news on this first day of the workweek, so let\u2019s jump right in. PSA- Your commute to work is going to be significantly easier today \u2014 and you have the rainy weather to thank. Ten governorates have closed schools\u2026","rel":"","context":"In "What We're Tracking Today"","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\/553557","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=553557"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553557\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/553555"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553557"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553557"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553557"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553557"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553557"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}