{"id":554082,"date":"2021-12-20T04:05:17","date_gmt":"2021-12-20T04:05:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/this-morning-the-kids-are-staying-home-again-today-plus-its-all-about-omicron-abroad\/"},"modified":"2021-12-20T04:05:17","modified_gmt":"2021-12-20T04:05:17","slug":"this-morning-the-kids-are-staying-home-again-today-plus-its-all-about-omicron-abroad","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/this-morning-the-kids-are-staying-home-again-today-plus-its-all-about-omicron-abroad\/","title":{"rendered":"THIS MORNING: The kids are staying home again today. Plus: It\u2019s all about Omicron abroad."},"content":{"rendered":"<p><strong>Good morning, wonderful people, and welcome to another chilly morning. <\/strong>It\u2019s a reasonably quiet news morning at home (by 2020 \/ 2021 standards) and the omicron strain of the bug that causes covid-19 still tops front pages globally.<\/p>\n<p><strong>PSA- School\u2019s out (again) in seven governorates<\/strong>, including <a href=\"https:\/\/www.facebook.com\/CairoGovernment1\/posts\/2537661926365898\">Cairo<\/a>, <a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=215217270798166&id=100069296826007\">Giza<\/a>, Damietta, Alexandria, Matrouh, Beheira and Kafr El Sheikh. All have shuttered classes for the day as the <a href=\"https:\/\/www.facebook.com\/ema.gov.eg\/posts\/5021804797854175\">national weather service<\/a> expects rainfall, wind, and exceptionally cold temperatures across most of the country today, <a href=\"https:\/\/www.youm7.com\/story\/2021\/12\/19\/7-%D9%85%D8%AD%D8%A7%D9%81%D8%B8%D8%A7%D8%AA-%D8%AD%D8%AA%D9%89-%D8%A7%D9%84%D8%A2%D9%86-%D8%AE%D8%B1%D9%8A%D8%B7%D8%A9-%D8%AA%D8%B9%D8%B7%D9%8A%D9%84-%D8%A7%D9%84%D8%AF%D8%B1%D8%A7%D8%B3%D8%A9-%D8%A8%D8%B3%D8%A8%D8%A8-%D8%A7%D9%84%D8%B7%D9%82%D8%B3-%D8%A7%D9%84%D8%B3%D9%8A%D8%A6\/5585955\">Youm7<\/a> reports. Expect a daytime high of just 15\u00b0C in the capital city, according to our favourite weather app.<\/p>\n<p><strong>*** Tell us what you expect for the year ahead \u2014 and get a chance to have breakfast with<\/strong><strong> us in 2022:<\/strong> Every year, we ask our readers to weigh in on what you expect for the year ahead in our <a href=\"https:\/\/press.us9.list-manage.com\/track\/click?u=3f7bc576715ca1a70edef2788&id=4c30a011f7&e=17bb9015a7\">Enterprise Reader Poll<\/a>. Take a few minutes to tell us your take on the outlook for your business and industry, whether you\u2019re planning fresh investments and new hires, and how your business fared in the year past. We\u2019ll share the results with the entire community in early January to help you shape your view of the year.<\/p>\n<p><strong>We\u2019ll be inviting eight readers who take the poll to breakfast in 2022<\/strong> and another dozen of you will get your own Enterprise mug to enjoy your morning beverage of choice.<\/p>\n<hr class=\"grey-line\">\n<p><strong>THE BIG STORY ABROAD on this reasonably chilly morning: Omicron, omicron and still<\/strong> <strong>more omicron. <\/strong>We\u2019re not going to see March 2020-style lockdowns again, but:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theglobeandmail.com\/canada\/article-canadas-covid-19-case-count-surges-as-provinces-scramble-to-re-impose\/\">Canadian provinces<\/a> and <a href=\"https:\/\/www.ft.com\/content\/3316b665-9bfa-4e7e-ae68-c46601950cef\">European countries<\/a> are reimposing restrictions including quarantines and limits on travel. They\u2019re also ordering stores, bars and gyms to close and <a href=\"https:\/\/www.axios.com\/coronavirus-pandemic-nba-postpone-7d0f06fd-1c7c-418f-bd58-b81b7ae6b0f1.html\">postponing sports matches<\/a>;<\/li>\n<li>Officials are warning omicron will strain hospitals in the <a href=\"https:\/\/www.ft.com\/content\/e39c6601-e1b3-404b-8c71-43c635dcb5b0\">United States<\/a> and Canada;<\/li>\n<li>Prominent <a href=\"https:\/\/www.reuters.com\/business\/jefferies-ceo-handler-says-he-tested-positive-isolated-covid-2021-12-20\/\">CEOs<\/a> and US <a href=\"https:\/\/www.reuters.com\/world\/us\/us-senator-elizabeth-warren-tests-positive-covid-19-2021-12-19\/\">senators<\/a> are coming down with the bug;<\/li>\n<li>The virus is both starting to <a href=\"https:\/\/www.wsj.com\/articles\/omicron-starts-to-take-its-toll-on-business-11639940554?mod=hp_lead_pos2\">hit businesses<\/a> in the west and stoke fears among central banks that it could <a href=\"https:\/\/www.wsj.com\/articles\/central-banks-worry-omicron-could-sustain-inflation-11639909805?mod=hp_lead_pos7\">sustain inflation<\/a>;<\/li>\n<li>And there are signs that at least some elite universities in the US will be <a href=\"https:\/\/www.axios.com\/college-return-remote-omicron-4eaf24b7-09b0-4131-bc74-524e23410fba.html\">going back to remote learning<\/a> for a period after the Christmas break.<\/li>\n<\/ul>\n<p><strong>In second place this morning: A so-called \u201cmoderate\u201d Democrat appears to have<\/strong> <strong>single-handedly torpedoed <\/strong>US President Joe Biden\u2019s USD 1.75 tn Build Back Better spending initiative in a story that is everywhere in the <a href=\"https:\/\/www.wsj.com\/articles\/manchin-says-he-won-t-vote-for-build-back-better-bill-11639924048?mod=hp_lead_pos1\">US press<\/a> and getting lots of ink <a href=\"https:\/\/www.ft.com\/content\/a979165a-fd1c-4b85-8604-28085e2c0c9b\">in Europe<\/a> and <a href=\"https:\/\/www.reuters.com\/world\/us\/senator-manchin-says-he-is-no-bidens-domestic-investment-bill-fox-interview-2021-12-19\/\">on the wires<\/a>.<\/p>\n<p><strong>The nutter in Ankara just can\u2019t help himself: Erdogan has sent the TRY into another spiral<\/strong> after <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-12-19\/turkey-s-erdogan-says-islam-demands-lower-rates-and-so-does-he?srnd=premium-middle-east&sref=mmeFTDW1\">promising still more rate cuts<\/a>. Markets sage Mohamed El Erian has been left to simply shake his head, warning the country risks going from a currency crisis to a <a href=\"https:\/\/www.bloomberg.com\/opinion\/articles\/2021-12-19\/turkey-can-t-take-much-more-of-its-currency-crisis?srnd=premium-middle-east&sref=mmeFTDW1\">full-blown economic meltdown<\/a>.<\/p>\n<p><strong>MORNING MUST READS <\/strong>from the dumpster fire that is our social media:<\/p>\n<ul>\n<li><strong>Spider-Man has restored box office hopes<\/strong> with a massive opening weekend for Spider-Man: No Way Home in what is <a href=\"https:\/\/www.cnbc.com\/2021\/12\/19\/spider-man-no-way-home-domestic-box-office-third-best-opening.html\">the third-best opening haul in the history of cinema<\/a>. Ticket lines in Egypt match those globally.<\/li>\n<li><strong>What does 2022 have in store for EM, US and European equities?<\/strong> Have a look through <a href=\"https:\/\/www.ft.com\/content\/58a0dbf0-aaf3-4ec0-8e56-5d47f9a1b42b\">the FT\u2019s crystal ball<\/a>.<\/li>\n<li><strong>A headline presented without comment:<\/strong> <a href=\"https:\/\/www.businessinsider.com\/metaverse-crypto-land-surging-investor-explains-how-to-pick-property-2021-12\">Property values in the metaverse are<\/a><a href=\"https:\/\/www.businessinsider.com\/metaverse-crypto-land-surging-investor-explains-how-to-pick-property-2021-12\">surging. A landlord who owns land in Decentraland and The Sandbox explains how to pick a location, and shares the top 7 metaverses to consider for the best appreciation value.<\/a><\/li>\n<\/ul>\n<p><strong>ALSO- <\/strong><strong><a href=\"https:\/\/www.nytimes.com\/2021\/12\/17\/nyregion\/bomber-pilot-christmas-trees.html\">He bombed the Nazis, outwitted the Soviets and modernized Christmas<\/a><\/strong> \u2014 meet the remarkable Jewish-American dude who invented the artificial tree.<\/p>\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>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>PSA- EgyptAir resumes direct service to Toronto<\/strong> from Cairo tomorrow after briefling shelving the flight when Canada included us in a (heavily criticized) ban on entry for folks from 10 African countries, including Omm El Donia.<\/p>\n<p><strong>Swvl and Magalix<\/strong> are holding a virtual fireside chat titled Stories of <strong>Women in the Tech Field<\/strong> tomorrow,<strong> 21 December, at 7pm<\/strong>. Connect to the event <a href=\"https:\/\/www.meetup.com\/Cairo-Kubernetes-Meetup\/events\/282684742\/\">here<\/a>.<\/p>\n<p><strong>PSA- Property owners have until Friday, 31 December to pay the second installment of <\/strong><strong>their annual real estate taxes without incurring a late fee<\/strong>, Tax Authority boss Anwar Fawzy said in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/297570425746718\">statement<\/a> yesterday. The first installment was due between 1 January and 30 June. Homeowners whose <a href=\"http:\/\/www.rta.gov.eg\/En\/BuildingTaxType\">primary residence<\/a> is valued at less than EGP 2 mn are exempt from paying the tax, Fawzy noted.<\/p>\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> <strong>Egypt shifted towards more edtech and innovation in 2021:<\/strong> After spending <a href=\"https:\/\/enterprise.press\/blackboards\/year-review-part-1-education-proves-mettle-defensive-sector-face-covid\/\">large swathes of 2020<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8cccde8-ccde-47a6-8e76-b86ec514dcd5\">early 2021<\/a> either learning online, or using a blended model, Egypt\u2019s K-12 and university students <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/10c07285-4974-4eed-a654-fc679eac2575\">returned to in-person<\/a> classroom learning in 2H 2021. But interest in edtech didn\u2019t wane \u2014 in fact, covid seemed to accelerate the demand for particular kinds of tech-based learning, like learning to code. Consequently, pre-covid education goals \u2014 like fostering innovation and teaching STEM skills \u2014 are, once again, high priorities for institutions and education leaders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, wonderful people, and welcome to another chilly morning. It\u2019s a reasonably quiet news morning at home (by 2020 \/ 2021 standards) and the omicron strain of the bug that causes covid-19 still tops front pages globally. PSA- School\u2019s out (again) in seven governorates, including Cairo, Giza, Damietta, Alexandria, Matrouh, Beheira and Kafr El [&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":[73,72,389,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554082","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-education","tag-enterpriseam","tag-real-estate-tax","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"a3157fe3-adb4-4264-8c19-639feeef37cb","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[554080],"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: The kids are staying home again today. 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Just three more sleeps until (western) Christmas for the kids out there who celebrate the occasion.PSA #1- We\u2019re taking a handful of our customary end-of-year publication holidays. EnterprisePM is going on break today and will return on 2 January. 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Just a day after the World Health Organization designated the so-called Omicron strain as a \u201cvariant of concern,\u201d travel\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":542775,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/17\/this-morning-south-korean-president-to-visit-egypt-from-wednesday-senate-concludes-labor-act-discussions-today-and-the-us-still-struggling-with-omicron\/","url_meta":{"origin":554082,"position":2},"title":"THIS MORNING: South Korean President to visit Egypt from Wednesday + Senate concludes labor Act discussions today and the US still struggling with omicron","author":"enterpriseam admin","date":"17 January 2022","format":false,"excerpt":"Good morning, wonderful people, and welcome to an unusually busy Monday morning on the news front, where the big story of the day is the upcoming visit of South Korean President Moon Jae-in.Moon is due in town from Wednesday to Friday, the first visit to Egypt by a South Korean\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":554313,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/29\/this-morning-its-the-final-enterpriseam-issue-of-2021-recapping-a-year-packed-with-fresh-investment-ma-and-a-freshly-restocked-ipo-program\/","url_meta":{"origin":554082,"position":3},"title":"THIS MORNING: It\u2019s the final EnterpriseAM issue of 2021, recapping a year packed with fresh investment, M&#038;A and a freshly restocked IPO program","author":"enterpriseam admin","date":"29 December 2021","format":false,"excerpt":"Good morning, wonderful people, and welcome to our final issue of EnterpriseAM for 2021. 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