{"id":553771,"date":"2021-08-06T08:21:45","date_gmt":"2021-08-06T08:21:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/"},"modified":"2021-08-06T08:21:45","modified_gmt":"2021-08-06T08:21:45","slug":"your-top-5-pieces-of-business-and-economic-news-in-july-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/","title":{"rendered":"Your top 5 pieces of business and economic news in July 2021"},"content":{"rendered":"<p>Your top 5 pieces of business and economic news in July:<\/p>\n<ul>\n<li><strong>Russia <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9855c3e-2e9d-45bc-a9d8-e1e15007d087\">lifted the six-year ban<\/a><\/strong><strong> on flights to Red Sea resorts<\/strong>, with flights set to resume on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/93a8a41f-61de-4ec4-8ec1-5b1d4089639f\">9 August<\/a>.<\/li>\n<li><strong>CIB issued Egypt\u2019s first-ever corporate green bonds<\/strong>, selling <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc62c317-f2f7-4543-88a3-fa75725b6c0a\">USD 100 mn of climate-linked securities<\/a> to investors in July.<\/li>\n<li>Abu Dhabi sovereign wealth fund <strong>ADQ <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/963f2cc8-97fe-4ad7-a4ca-650c06117651\">acquired a 99% stake in Amoun Pharma<\/a><\/strong> in a transaction that valued the company at almost EGP 10.3 bn.<\/li>\n<li><strong>The government <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cf297186-02db-44bd-9f47-ac1b4e8b9a52\">hiked fuel prices<\/a><\/strong><strong> for the second consecutive quarter,<\/strong> raising prices of all fuel grades by EGP 0.25.<\/li>\n<li><strong>The Central Bank of Egypt (CBE) launched a <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/10f6f0fa-cc92-426a-8d53-598914d876a0\">EGP 100 bn mortgage finance initiative<\/a><\/strong> for low- and middle-income earners, offering 30-year finance at a subsidized rate to qualifying borrowers.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in July: Russia lifted the six-year ban on flights to Red Sea resorts, with flights set to resume on 9 August. CIB issued Egypt\u2019s first-ever corporate green bonds, selling USD 100 mn of climate-linked securities to investors in July. Abu Dhabi sovereign wealth fund ADQ acquired [&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-553771","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"db224799-d02b-486b-b963-477dda92ba98","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553759],"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 July 2021 - 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\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\" \/>\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 July 2021\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in July: Russia lifted the six-year ban on flights to Red Sea resorts, with flights set to resume on 9 August. CIB issued Egypt\u2019s first-ever corporate green bonds, selling USD 100 mn of climate-linked securities to investors in July. Abu Dhabi sovereign wealth fund ADQ acquired [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-08-06T08:21:45+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\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Your top 5 pieces of business and economic news in July 2021\",\"datePublished\":\"2021-08-06T08:21:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\"},\"wordCount\":125,\"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\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/08\/06\/your-top-5-pieces-of-business-and-economic-news-in-july-2021\/\",\"name\":\"Your top 5 pieces of business and economic news in July 2021 - 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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":553724,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/07\/your-top-5-pieces-of-business-and-economic-news-in-april\/","url_meta":{"origin":553771,"position":1},"title":"Your top 5 pieces of business and economic news in April","author":"enterpriseam admin","date":"7 May 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in April: Higher education outfit Taaleem debuted on the EGX, ending the country\u2019s IPO drought.Russia agreed to resume direct flights to Egypt\u2019s Red Sea resort towns.Egypt will embark on a three-year structural reform program to support private sector-led economic growth.Back-to-back railway\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":576707,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/03\/your-top-5-pieces-of-business-and-economic-news-in-march\/","url_meta":{"origin":553771,"position":2},"title":"Your top 5 pieces of business and economic news in March","author":"enterpriseam admin","date":"3 April 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in March: Egypt officially imposes an 11-hour curfew, in effect between 7pm and 6am, for a period of two weeks.Flights into and out of Egypt were suspended for an initial two week period (later extended to mid-April), part of a raft\u2026","rel":"","context":"In &quot;YOUR TOP 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