{"id":558007,"date":"2021-09-19T14:19:10","date_gmt":"2021-09-19T14:19:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/19\/tonight-alameda-to-invest-egp-5-bn-over-3-5-years-amazon-talks-to-enterprise-about-the-new-launch-also-our-picks-for-the-emmys-on-the-tube-tonight\/"},"modified":"2021-09-19T14:19:10","modified_gmt":"2021-09-19T14:19:10","slug":"tonight-alameda-to-invest-egp-5-bn-over-3-5-years-amazon-talks-to-enterprise-about-the-new-launch-also-our-picks-for-the-emmys-on-the-tube-tonight","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/19\/tonight-alameda-to-invest-egp-5-bn-over-3-5-years-amazon-talks-to-enterprise-about-the-new-launch-also-our-picks-for-the-emmys-on-the-tube-tonight\/","title":{"rendered":"TONIGHT: Alameda to invest EGP 5 bn over 3-5 years + Amazon talks to Enterprise about the new launch ALSO: Our picks for the Emmys on the tube tonight"},"content":{"rendered":"

It\u2019s a busy start to the work week,<\/strong> ladies and gentlemen, with new investment pledges, regulatory changes to the EGX and the UN General assembly dominating local headlines this morning.<\/p>\n

<\/a> THE BIG STORIES TODAY so far-<\/strong><\/p>\n

#1-<\/strong> Healthcare provider Alameda plans to invest EGP 5 bn over the coming 3-5 years:<\/strong> The planned increase will bring the healthcare group\u2019s investments in Egypt to EGP 10 bn, Alameda Chairman Fahad Khater said at a press conference Sunday, according to the local press<\/a>. The company also plans to expand to the New Administrative Capital, Al Alamein City, Alexandria, Mansoura, and Assiut in the near future.<\/p>\n

#2- Following its official launch here earlier this month, what are Amazon\u2019s plans for Egypt?<\/strong> In tomorrow\u2019s AM, Ronaldo Mouchawar, Vice President of Amazon MENA, and Omar Elsahy, General Manager of Amazon Egypt, talk to Enterprise about the launch<\/a>, why Egypt and MENA are strategically important for Amazon, and the overall growth of our e-commerce sector.<\/p>\n

^^ We\u2019ll have more on all of these stories<\/strong> in tomorrow\u2019s edition of Enterprise AM<\/strong>.<\/p>\n

<\/a> Trading on EKH shares converted to EGP from USD began today: <\/strong>EK Holding shareholders who converted the trading currency of their shares to EGP from USD (while still being allowed to collect their dividends in USD) were able to begin trading on these converted shares on the EGX today, the company said in a bourse filing (pdf)<\/a>.<\/strong><\/p>\n

<\/a> HAPPENING NOW- Foreign Minister Sameh Shoukry is on his way to New York for the <\/strong>UN<\/a><\/strong>General Assembly<\/a><\/strong>,<\/strong> according to a statement<\/a> issued today. The statement was vague on Shoukry\u2019s agenda at the assembly, only noting that he plans to meet other foreign ministers and high level UN officials on current regional and international security issues. It is unclear if another push on GERD is coming in light of the UN Security Council taking another tepid stance last week<\/a> on getting Ethiopia to the negotiating table.<\/p>\n

The <\/strong>UN General Assembly<\/a><\/strong> is ongoing in New York until 30 September<\/strong>. The general debate will take place from 20-28 September. Leaders from at least 83 countries are expected to attend in person<\/a> \u2014 in contrast to last year, when the meeting was almost 100% virtual. There\u2019s no word yet on whether President Abdel Fattah El Sisi will attend in person or virtually.<\/p>\n

** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n