{"id":559500,"date":"2021-01-24T03:39:05","date_gmt":"2021-01-24T03:39:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/also-on-our-radar-on-24-january-2020\/"},"modified":"2021-01-24T03:39:05","modified_gmt":"2021-01-24T03:39:05","slug":"also-on-our-radar-on-24-january-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/24\/also-on-our-radar-on-24-january-2020\/","title":{"rendered":"Also on our radar on 24 January 2020"},"content":{"rendered":"<p><strong>Some 1.4 mn tourists <\/strong><strong><a href=\"http:\/\/bit.ly\/3oaxvyE\">visited Egypt<\/a><\/strong> between the resumption of international flights on 1 July and the end of the year. We closed 2020 with a total of 3.7 mn tourist arrivals, down almost 75% from <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/77e99a70-ae82-4297-9191-f2123427f563\">13 mn in 2019<\/a>.<\/p>\n<p><strong>The Finance Ministry is pulling back a<\/strong><strong> bill that would set up a new agency to look after <\/strong><strong>\u201crepatriated funds\u201d <\/strong>including assets seized by the state and money the government lands through settlements. The draft law was heading to the House Budgeting and Planning Committee for discussion, the <a href=\"https:\/\/alborsaanews.com\/2021\/01\/21\/1414192\">local press<\/a> reports, citing unnamed sources. Cabinet had last year <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b19fffd3-7afb-4562-abb0-6c744b84d3eb\">approved the bill<\/a> to establish the agency.<\/p>\n<p><strong>Other things we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>The House of Representatives extended the state of emergency <\/strong>for another three months in a vote on Thursday.<\/li>\n<li><strong>Cr\u00e9dit Agricole Egypt<\/strong> <a href=\"http:\/\/bit.ly\/3sKO4F7\">signed<\/a> a cooperation protocol with <strong>Dsquares <\/strong>to tap the loyalty services provider to design technological solutions for the bank\u2019s new loyalty program.<\/li>\n<li><strong>China State Construction Engineering Corporation<\/strong> will manage and operate the new administrative capital\u2019s central business district under an MoU it <a href=\"http:\/\/bit.ly\/397VeLJ\">signed<\/a> with Egypt\u2019s Housing Ministry.<\/li>\n<li><strong>State-owned El Nasr Automotive looking to partner with distributors and after <\/strong><strong>sales services providers<\/strong> for its EV line of cars, Public Enterprises Minister Hisham Tawfik tells <a href=\"https:\/\/bit.ly\/2LL5SPM\">Al Mal<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Some 1.4 mn tourists visited Egypt between the resumption of international flights on 1 July and the end of the year. We closed 2020 with a total of 3.7 mn tourist arrivals, down almost 75% from 13 mn in 2019. The Finance Ministry is pulling back a bill that would set up a new agency [&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":[7209],"tags":[111,205,540,250,3193,72,153,238,234],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559500","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-credit-agricole","tag-dsquares","tag-el-nasr-automotive","tag-emergency-act","tag-enterpriseam","tag-hisham-tawfik","tag-tourism","tag-travel","wpautop","entry"],"acf":{"mongo_id":"e6ffe402-473c-4aac-b3c8-5fcbd6d5ec5a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[559472],"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>Also on our radar on 24 January 2020 - 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\/01\/24\/also-on-our-radar-on-24-january-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Also on our radar on 24 January 2020\" \/>\n<meta property=\"og:description\" content=\"Some 1.4 mn tourists visited Egypt between the resumption of international flights on 1 July and the end of the year. We closed 2020 with a total of 3.7 mn tourist arrivals, down almost 75% from 13 mn in 2019. 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The Japanese International Cooperation Agency (JICA) will provide USD 65 mn to finance the project as well\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567952,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/13\/also-on-our-radar-on-13-december-2020\/","url_meta":{"origin":559500,"position":1},"title":"Also on our radar on 13 December 2020","author":"enterpriseam admin","date":"13 December 2020","format":false,"excerpt":"The impact of covid on air travel is becoming clearer: EgyptAir Holding Company plans to restructure its EGP 10 bn in debt owed to foreign lenders, Chairman Roshdy Zakaria said. The company has also taken out a EGP 3 bn loan from the National Bank of Egypt as well as\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567789,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/07\/also-on-our-radar-on-7-december-2020\/","url_meta":{"origin":559500,"position":2},"title":"Also on our radar on 7 December 2020","author":"enterpriseam admin","date":"7 December 2020","format":false,"excerpt":"Egypt aims to raise local wheat production to 3.5 mn feddans this season, up slightly from 3.4 mn feddans last year, Reuters reports, citing an Agriculture Ministry official. Some 900k feddans have been planted since the start of the season in mid-November. The harvest will begin in mid-April 2021. Egypt,\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561408,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/06\/also-on-our-radar-on-6-april-2021\/","url_meta":{"origin":559500,"position":3},"title":"Also on our Radar on 6 April 2021","author":"enterpriseam admin","date":"6 April 2021","format":false,"excerpt":"Egypt is planning to develop six \u201cnew cities\u201d across the country, as part of its urban development plans, Deputy Housing Minister Walid Abbas said at a real estate conference yesterday. The government is currently conducting feasibility studies on the new cities, which would follow in the footsteps of other new\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559298,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/17\/also-on-our-radar-on-17-january-2021\/","url_meta":{"origin":559500,"position":4},"title":"Also on our radar on 17 January 2021","author":"enterpriseam admin","date":"17 January 2021","format":false,"excerpt":"Some 25k stores and cafes have been temporarily shut down for not complying with newseasonal opening hours that went into effect on 1 December 2020, according to a Local Development Ministry statement. Winter hours require shops to close at 10pm and restaurants and cafes at midnight. Summer hours start on\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576536,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/29\/also-on-our-radar-on-29-november-2020\/","url_meta":{"origin":559500,"position":5},"title":"Also on our radar on 29 November 2020","author":"enterpriseam admin","date":"29 November 2020","format":false,"excerpt":"Green finance is more and more a thing with each passing day. Most recently: The National Bank of Egypt (NBE) is getting a EUR 100 mn credit facility from the French Development Agency (AFD) to finance green projects in Egypt and Egypt could see the establishment of its first green\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"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\/559500","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=559500"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559500\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559472"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559500"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559500"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}