{"id":553833,"date":"2021-12-03T08:14:16","date_gmt":"2021-12-03T08:14:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/03\/your-top-5-pieces-of-business-and-economic-news-in-november-2022\/"},"modified":"2021-12-03T08:14:16","modified_gmt":"2021-12-03T08:14:16","slug":"your-top-5-pieces-of-business-and-economic-news-in-november-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/03\/your-top-5-pieces-of-business-and-economic-news-in-november-2022\/","title":{"rendered":"Your top 5 pieces of business and economic news in November 2022"},"content":{"rendered":"<p><strong>Your top 5 pieces of business and economic news in November:<\/strong><\/p>\n<ul>\n<li><strong>The EGX has been busy: <\/strong>EGX fees are <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0d5b64f8-dc18-49ff-8e2b-2a2b09107c25\">set to be cut 20%<\/a> and planned caps on margin trading could be delayed by six months as the government looks to cushion the impact of the controversial planned <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc92b9f8-5427-446f-a7dc-2960cc4d17a4\">capital gains tax<\/a> on EGX trades.<\/li>\n<li><strong>The public sector is looking <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64b9e6d1-bc05-4043-be42-1ff957f42c98\">to back out<\/a><\/strong><strong> of select sectors of the economy<\/strong> as a way to avoid \u201ccrowding out\u201d the private sector, the Cabinet decided last month.<\/li>\n<li><strong>The <\/strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5834140b-d304-4c1c-9483-4b92c5ad8478\">PPP Act got final sign off<\/a>, opening the door for more collaboration with the private sector.<\/li>\n<li><strong>EBRD upgraded Egypt\u2019s growth outlook for current fiscal year: <\/strong>Egypt\u2019s economy is on track<a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e5f83be-4912-4f77-aa51-2f7c8d9e4267\">to grow 4.9% in FY2021-2022<\/a> \u2014 up 0.4 percentage points from the bank\u2019s June report, which EBRD relates to a pickup in the telecoms sector, a rebound in private consumption and investment, as well as recovering foreign direct investment flows.<\/li>\n<li><strong>Vodafone Group <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64fb19dc-f090-4b40-844d-01a5cb619e83\">agreed to transfer<\/a><\/strong><strong> its 55% stake in Vodafone Egypt to sub-Saharan African subsidiary Vodacom<\/strong>, in an EUR 2.72 bn transaction, which is expected to conclude before 31 March 2022.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in November: The EGX has been busy: EGX fees are set to be cut 20% and planned caps on margin trading could be delayed by six months as the government looks to cushion the impact of the controversial planned capital gains tax on EGX trades. The [&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-553833","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"c06195a4-ca98-4c3f-964e-0237aa994774","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[553823],"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 November 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\/2021\/12\/03\/your-top-5-pieces-of-business-and-economic-news-in-november-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 November 2022\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in November: The EGX has been busy: EGX fees are set to be cut 20% and planned caps on margin trading could be delayed by six months as the government looks to cushion the impact of the controversial planned capital gains tax on EGX trades. 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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":553739,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/04\/your-top-5-pieces-of-business-and-economic-news-in-may-2021\/","url_meta":{"origin":553833,"position":1},"title":"Your top 5 pieces of business and economic news in May 2021","author":"enterpriseam admin","date":"4 June 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in May: IPO Watch: LSE-listed Integrated Diagnostics Holding\u2019s (IDH) shares began trading on the EGX in May after the company completed Egypt\u2019s first ever technical listing.M&A Watch: EFG Hermes and the Sovereign Fund of Egypt have agreed to acquire a 76%\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":553685,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/05\/your-top-5-pieces-of-business-and-economic-news-in-february-2021\/","url_meta":{"origin":553833,"position":2},"title":"Your top 5 pieces of business and economic news in February 2021","author":"enterpriseam admin","date":"5 March 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in February: Hikma Pharma is odds on to acquire GlaxoSmithKline\u2019s Egypt commercialization and manufacturing assets after the British pharma giant knocked back rival bids by Rameda and Acdima.Egypt sold USD 3.75 bn in USD-denominated eurobonds in its first int\u2019l debt sale\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":568476,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/04\/your-top-5-pieces-of-business-and-economic-news-in-november\/","url_meta":{"origin":553833,"position":3},"title":"Your top 5 pieces of business and economic news in November","author":"enterpriseam admin","date":"4 December 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in November: November was dominated by headlines on the race for a vaccine, with vaccines from Pfizer, BioNTech, Moderna, AstraZeneca, and Russia\u2019s Sputnik V all reporting success rates of over 90%. Egypt is securing doses from Pfizer, AstraZeneca, and Sputnik V,\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":553669,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/05\/your-top-5-pieces-of-business-and-economic-news-in-january\/","url_meta":{"origin":553833,"position":4},"title":"Your top 5 pieces of business and economic news in January","author":"enterpriseam admin","date":"5 February 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in January: Schools and universities were ordered to move online until mid-February as covid-19 cases surged.Annual headline inflation cooled to 5.4% in December from 5.7% in November.Bank ABC won the bid to acquire Blom Bank Egypt, marking the first of two\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":576612,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/03\/your-top-5-pieces-of-business-and-economic-news-in-december-2\/","url_meta":{"origin":553833,"position":5},"title":"Your top 5 pieces of business and economic news in December","author":"enterpriseam admin","date":"3 January 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in December: The state privatization program looks to kick into high gear in the first quarter of 2020 after e-Finance announced plans to IPO on the EGX alongside Banque du Caire, which will now offer a 49% stake. The Egyptian Competition\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553833","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=553833"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/553833\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/wealth\/553823"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=553833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=553833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=553833"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=553833"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=553833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}