{"id":561713,"date":"2021-04-19T03:46:59","date_gmt":"2021-04-19T03:46:59","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/this-morning-us-chamber-wanted-egypt-to-attend-bidens-climate-fest-reviving-tourism-in-esna\/"},"modified":"2021-04-19T03:46:59","modified_gmt":"2021-04-19T03:46:59","slug":"this-morning-us-chamber-wanted-egypt-to-attend-bidens-climate-fest-reviving-tourism-in-esna","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/this-morning-us-chamber-wanted-egypt-to-attend-bidens-climate-fest-reviving-tourism-in-esna\/","title":{"rendered":"THIS MORNING: US Chamber wanted Egypt to attend Biden\u2019s climate fest + Reviving tourism in Esna"},"content":{"rendered":"<p><strong>Good morning, nice people, and welcome to day seven of Ramadan. <\/strong>The big story this morning: at least 11 people were killed and nearly 100 injured in yet another train accident yesterday. There are at least a half-dozen investigations now underway into various accidents as well as infrastructure spending, training procedures and safety protocols at Egyptian National Railways. The news dominated the talk shows last night and is all over front pages this morning. We have chapter and verse in the news well, below.<\/p>\n<p><strong>***CATCH UP QUICK<\/strong> on the top stories from yesterday\u2019s edition of EnterprisePM:<\/p>\n<ul>\n<li><strong>Shakeup at CI Capital:<\/strong> Hesham Gohar <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9cede41e-166e-4826-8075-1e669a966b83\">is now the group CEO<\/a> of CI Capital, with Hazem Badran and Tarek Tantawi leaving by 20 May.<\/li>\n<li><strong>E-payments:<\/strong> Banque du Caire is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5b776b44-9186-4dab-812b-5397f793d013\">looking to expand<\/a> its digital services and e-payments regionally.<\/li>\n<li><strong>Startup watch:<\/strong> Innoventures <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a28ccddd-fc3b-4115-a5d8-bc658702e2f7\">is in talks<\/a> with a potential LP based in the GCC for its EGP 200 mn VC fund.<\/li>\n<\/ul>\n<p><strong>WHAT\u2019S HAPPENING TODAY- <\/strong><\/p>\n<p><strong>Amendments to the Disabilities Act will be with the House <\/strong>Constitutional and Legislative Committee and the House Social Solidarity Committee <a href=\"https:\/\/bit.ly\/3mYlflT\">for review today<\/a>. The proposed amendments, which earned Senate approval <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b4277b7f-b653-4485-9c66-0e07b8d3a8cc\">earlier this month<\/a>, would toughen penalties for those convicted of bullying persons with disabilities.<\/p>\n<p><strong>PSA- It\u2019s going to be stinking hot again today<\/strong>, with the mercury heading to 41\u00b0C this afternoon. One bright spot: <strong>It\u2019s going to be a very dry heat<\/strong>, with the humidity at no more than 10%, according to our favorite weather app. Temps will fall back to a more seasonally appropriate low-to-mid 30s starting tomorrow.<\/p>\n<p><strong>** So, when do we eat?<\/strong> We\u2019ll break our fast this evening \u2014 and mark one full week of Ramadan \u2014 at 6:25pm. Eat your yogurt and guzzle your water (and coffee) before fajr prayers at 3:52am.<\/p>\n<p><strong>SIGNS OF THE TIMES as we wade through the second quarter of the year:<\/strong><\/p>\n<ul>\n<li><strong>Consumers around the world have accumulated some USD 5.4 tn (yes, tn) in extra <\/strong><strong>savings<\/strong> since the start of the pandemic thanks to a combination of government stimulus and delayed buying. Booming consumer confidence suggests businesses are looking at a robust second half of the year as covid restrictions are dropped and borders reopen. Read all about it in the <a href=\"https:\/\/www.ft.com\/content\/8cbfe40d-1ce1-4dc6-bcb2-1314b77b9443\">Financial Times<\/a>.<\/li>\n<li><strong>Investors managing some USD 11 tn in assets want banks to set tougher emission <\/strong><strong>targets<\/strong> for their lending activity ahead of a meeting of world leaders at the end of this week, <a href=\"https:\/\/www.reuters.com\/business\/environment\/investor-group-calls-banks-set-tougher-climate-targets-2021-04-18\/\">Reuters<\/a> reports.<\/li>\n<li><strong>Global covid infections hit a new weekly record despite vaccinations, <\/strong>\u201cwith the worst outbreaks accelerating in many countries that are ill-equipped to deal with them,\u201d <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-19\/global-covid-infections-hit-weekly-record-despite-vaccinations\">Bloomberg<\/a> writes.<\/li>\n<\/ul>\n<p><strong>Speaking of climate: Egypt has been left out of the US-hosted <\/strong><strong><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/03\/26\/president-biden-invites-40-world-leaders-to-leaders-summit-on-climate\/\">Leaders Summit on<\/a><\/strong><strong><a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2021\/03\/26\/president-biden-invites-40-world-leaders-to-leaders-summit-on-climate\/\">Climate<\/a><\/strong>, which will see 40 world leaders head to the United States this Thursday through Saturday, <strong>but it\u2019s still good to remember who our friends are: The US Chamber of Commerce encouraged the Biden administration to invite President Abdel Fattah El Sisi<\/strong> to the summit in a bid to bolster Egypt-US ties in the energy, digital economy, health, education, and environmental sectors. Read this <a href=\"https:\/\/www.uschamber.com\/series\/above-the-fold\/pharaohs-and-pyramids-post-pandemic-priorities-egypt-4-ideas-the-biden\">set of policy recommendations<\/a> on Egypt by the chamber\u2019s VP for Middle East Affairs, Steve Lutes.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>MORNING MUST-READ, particularly for the Gen Xers among you: <\/strong>The New York Times columnist Charles M. Blow is out with a particularly thoughtful piece on <strong><a href=\"https:\/\/www.nytimes.com\/2021\/04\/18\/opinion\/life-adulthood-death.html\">My second phase of adulthood<\/a><\/strong>, meditating on what it means to be dealing with kids who are becoming adults, with parents who are in the twilight of their life, with dying friends and <strong>how he remains optimistic despite \u201chaving more summers behind me than in front of me.\u201d<\/strong><\/p>\n<p><strong>Speaking of summers: Have you made plans for Sahel yet?<\/strong> We have just 73 days left until high season really kicks into gear on 1 July, so if you\u2019re in the market for a rental, now is the time to act.<\/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>MORNING MUST-WATCH- Reviving tourism in Esna:<\/strong> A project to revive tourism in Luxor\u2019s Esna by restoring and rehabilitating the city\u2019s heritage sites and surrounding buildings has helped retain local talent and support businesses in the city, Esna residents say in this <strong>feel-good video<\/strong> about how the work on their hometown has changed their lives (<a href=\"https:\/\/www.youtube.com\/watch?v=DEEtSGusigQ\">watch, runtime: 4:18<\/a>). The nice people at USAID partnered with the International Cooperation Ministry, the Tourism Ministry, and urban developer Takween on the project, which kicked off back in 2016.<\/p>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>New goodies for iSheep? Apple is running a virtual event tomorrow <\/strong>at which pundits think it will <a href=\"https:\/\/www.theverge.com\/2021\/4\/13\/22310826\/apple-april-20th-event-date-rumors-ipad-pro-macbook-tv-airtags\">unveil AirTags and a new iPad Pro<\/a> with an improved display and faster processor, among other new products. The headline: Spring Loaded. The event will stream at 7pm CLT on <a href=\"https:\/\/www.apple.com\/apple-events\/\">Apple\u2019s website<\/a> and on <a href=\"https:\/\/www.youtube.com\/watch?v=JdBYVNuky1M\">YouTube<\/a>.<\/p>\n<p><strong>EBRD President Odile Renaud-Basso could visit Egypt sometime this month<\/strong>, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2308519\">Al Masry Al<\/a><a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2308519\">Youm<\/a> reported last week following a meeting with Egypt\u2019s ambassador to the UK Tarek Adel. This would be her first official visit to Egypt since she was appointed to head the bank in November.<\/p>\n<p>The Central Bank of Egypt will meet to review rates next<strong> Thursday, 29 April<\/strong>. We\u2019ll have our customary poll of economists and analysts on the expected outcome from the central bank\u2019s Monetary Policy Committee at the beginning of next week.<\/p>\n<p><strong>Check out our full calendar on the web<\/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> Universities play a key role in Egypt\u2019s entrepreneurship scene, offering a range of services to help students start their own businesses, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a2a7ab3-2a41-46bf-9063-d0c24483aec2\">we reported last week<\/a>. Today, startup program leaders, entrepreneurs and VCs talk about what these programs do particularly well: early-stage awareness-raising, access to resources and sector-specific knowledge, mentorship and helping students develop skills with market applicability.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, nice people, and welcome to day seven of Ramadan. The big story this morning: at least 11 people were killed and nearly 100 injured in yet another train accident yesterday. There are at least a half-dozen investigations now underway into various accidents as well as infrastructure spending, training procedures and safety protocols at [&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":[147,107,7097,72,274,187,566,501,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561713","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-climate-change","tag-covid-19","tag-development","tag-enterpriseam","tag-house-of-representatives","tag-legislation-watch","tag-us-chamber-of-commerce","tag-usaid","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"3e32df53-9827-411a-95e0-db72f5d8c0b2","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[561711],"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: US Chamber wanted Egypt to attend Biden\u2019s climate fest + Reviving tourism in Esna - 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\/04\/19\/this-morning-us-chamber-wanted-egypt-to-attend-bidens-climate-fest-reviving-tourism-in-esna\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: US Chamber wanted Egypt to attend Biden\u2019s climate fest + Reviving tourism in Esna\" \/>\n<meta property=\"og:description\" content=\"Good morning, nice people, and welcome to day seven of Ramadan. 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We hope all of you are looking forward to the weekend as much as we are. The highlight of the day is likely to be Tourism Minister Rania Al Mashat\u2019s unveiling of her turnaround plan for the industry. Tourism\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":634958,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/30\/what-were-tracking-on-29-january-2017\/","url_meta":{"origin":561713,"position":2},"title":"What we\u2019re tracking on 29 January 2017","author":"enterpriseam admin","date":"30 January 2018","format":false,"excerpt":"As is often the case, we begin this morning grateful. Grateful for the privilege of writing you folks each day, and grateful for another day with our loved ones. Our apologies for being a few minutes late this morning. It\u2019s a busy news day today, so we\u2019ll get straight to\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":625057,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/26\/what-were-tracking-on-26-september-2018\/","url_meta":{"origin":561713,"position":3},"title":"What we\u2019re tracking on 26 September 2018","author":"enterpriseam admin","date":"26 September 2018","format":false,"excerpt":"Conference season is really picking up, with three gatherings of note taking place this morning: The E-Commerce Summit in Egypt bills itself as the first gathering of its kind of the emerging industry, which faces the prospect of new regulation during the fall sitting of the House of Representatives;Gearheads will\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":542933,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/this-morning-us-chamber-of-commerce-cop27-conference-continues-wild-day-in-us-stocks-imf-outlook-out-today-fed-meeting-starts-today\/","url_meta":{"origin":561713,"position":4},"title":"THIS MORNING: US Chamber of Commerce COP27 conference continues; Wild day in US stocks; IMF outlook out today; Fed meeting starts today.","author":"enterpriseam admin","date":"25 January 2022","format":false,"excerpt":"Good morning, wonderful people, and happy hump day. What are you doing this morning to stay warm? Most of us here at Enterprise World Headquarters believe this is the coldest winter any of us have lived through in our fair country, and it seems we\u2019re not alone: Many readers we\u2019ve\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":621993,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-on-25-november-2018\/","url_meta":{"origin":561713,"position":5},"title":"What we\u2019re tracking on 25 November 2018","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"** NEW SECTION: What\u2019s driving the conversation for the government today? We\u2019re launching this morning a new section appearing just before Egypt in the News that dissects the front pages of the nation\u2019s three major state-owned dailies (Al Ahram, Al Akhbar and Al Gomhuria) for cues on the messages being\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\/2018\/11\/655.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561713","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=561713"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561713\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561711"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561713"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561713"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}