{"id":558561,"date":"2021-08-17T04:13:04","date_gmt":"2021-08-17T04:13:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/this-morning-thanaweya-amma-results-today-hedge-funds-on-the-up\/"},"modified":"2021-08-17T04:13:04","modified_gmt":"2021-08-17T04:13:04","slug":"this-morning-thanaweya-amma-results-today-hedge-funds-on-the-up","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/17\/this-morning-thanaweya-amma-results-today-hedge-funds-on-the-up\/","title":{"rendered":"THIS MORNING: Thanaweya Amma results today + Hedge funds on the up"},"content":{"rendered":"

Good morning, wonderful people. That change in the air? It\u2019s the beginning of the end of <\/strong>summer. <\/strong>Families are starting to gear up to send their kids back to school. Corporate chieftains, meanwhile, contemplate the idea that they have only about four months left to make their budget for the year \u2014 and start planning for 2022.<\/p>\n

Students and teachers at Cairo American College are heading back to class this morning.<\/strong> The resident 14-year-old is among them and starting high school, making the parents of said kid feel \u2026 just a bit older this morning (and very proud of her and her classmates). Students at NCBIS, MBIS and BISC follow before month\u2019s end.<\/p>\n

You still have a few weeks of good commuting left: <\/strong>The 2021-2022 school year starts at international schools on Sunday, 12 September, while public schools open their doors on Saturday, 9 October.<\/p>\n

Thanaweya Amma results will be announced at an Education Ministry presser at 1pm <\/strong>today<\/strong>, the Youm7<\/a> reports, during which the minister will also announce preliminary indicators for university allocations. Students will receive a link to the results page<\/a>, through which they can view their general evaluation, ranking in each subject, as well as compare their results with colleagues nationwide.<\/p>\n

A student wellness campaign will kick off before the start of the 2021-2022 <\/strong>academic year<\/strong>, with students getting medical check-ups in schools nationwide. Students will be screened for covid-19, hepatitis C, diabetes, vision loss, ADHD, among other diseases, according to an Ittihadeya statement<\/a>. President Abdel Fattah El Sisi had on Sunday directed officials<\/a> to come up with a plan to jab all educators and students ahead of the start of the school year.<\/p>\n

IT\u2019S NOT JUST SCHOOL KIDS who can see the end of summer vacation bearing down on <\/strong>them <\/strong>like a freight train: <\/strong>Our elected representatives are due back in the House of Representatives for the next legislative season no later than the first Thursday in October. It\u2019s still unclear when they\u2019re due back at their benches \u2014 we\u2019ll poke into this again for you toward the end of the month if there\u2019s no news in the meantime.<\/p>\n

<\/a> PSA #1- The Traffic Police are no more interested in ticketing you than usual <\/strong>despite babbling on social media suggesting police are now enforcing a \u201cnew traffic act\u201d that includes fines for offenses including \u201cthe inside of your car smells bad.\u201d Trouble is, there\u2019s no such act just yet: The Madbouly cabinet suspended in May a new traffic law<\/a>, which would have imposed a range of new licensing fees and fines. Al Masry Al Youm<\/a>, which kicked off the story, notes that the fine for having a stinky car (or a vehicle that belches noxious fumes) is already in the books. Youm7<\/a> also has security sources saying there\u2019s no new law in effect.<\/p>\n

PSA #2- Asian shares are solidly in the red this morning, and futures suggest much of <\/strong>Europe, Wall Street and Bay Street will follow suit later today.<\/strong> Keep an eye on US retail sales data, which should be out this afternoon. Consumer sentiment in the United States plunged last week to its lowest level in a decade<\/a>, and Chinese investors remain skittish about Beijing\u2019s still-unfolding Great Capitalist Smackdown.<\/p>\n

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THE BIG STORY ABROAD- US President Joe Biden said he \u201cstands squarely\u201d behind his <\/strong>decision to withdraw troops from <\/strong>Afghanistan. <\/strong>Speaking in the White House\u2019s East Room yesterday after cutting short his vacation, Biden blamed the Afghan military and Afghanistan\u2019s politicians for not resisting the Taliban\u2019s advance. \u201cIf Afghanistan is unable to mount any real resistance to the Taliban now, there is no chance that in one more year, five more years or 20 more years, that US military boots on the ground would have made any difference,\u201d Biden said, saying that the US had provided everything from \u201csalaries \u2026 [to the] maintenance of their airplanes. We gave them every chance to determine their own future. What we could not provide was the will to fight for that future.\u201d You can read his full remarks here.<\/a><\/p>\n

As Biden spoke, US troops re-established a semblance of order at Kabul\u2019s airport <\/strong>to allow both US troops to land (they\u2019re arriving to help oversee the exit) and others to fly out foreign nationals.<\/p>\n

The collapse of Afghanistan to the Taliban is a \u201conce in a generation\u201d story that has <\/strong>captured global attention <\/strong>from the mainstream press to social media. The story dominates the front pages everywhere from the Financial Times<\/a> and Wall Street Journal<\/a> to the New York Times<\/a> and Washington Post<\/a><\/p>\n

***CATCH UP QUICK<\/strong> with the top stories from yesterday\u2019s edition of EnterprisePM:<\/p>\n