{"id":562105,"date":"2021-05-06T04:07:34","date_gmt":"2021-05-06T04:07:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/"},"modified":"2021-05-06T04:07:34","modified_gmt":"2021-05-06T04:07:34","slug":"also-on-our-radar-on-6-may-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/","title":{"rendered":"Also on our Radar on 6 May 2021"},"content":{"rendered":"

The <\/strong>share transfer process<\/a><\/strong> in First Abu Dhabi Bank\u2019s (FAB) <\/strong>acquisition of Bank Audi\u2019s Egypt unit has been completed<\/strong>, sell-side advisor EFG Hermes said in a statement (pdf)<\/a>. The transaction gives FAB 100% ownership of Bank Audi\u2019s assets in Egypt \u2014 worth EGP 85.6 bn \u2014 with both banks expected to merge their assets and operations and become fully integrated by 2022.<\/p>\n

Non-essential exams for non Edadiya \/ Thanaweya Amma students will be<\/strong> administered from home<\/strong>, the Education Ministry said in a statement<\/a>. This applies to subjects that won\u2019t count toward the final grades of students attending grades 4-8 and 10-11 and currently wrapping up the academic year.<\/p>\n

Egypt is displaying a real royal ancient Egyptian mummy and a number of replicas<\/strong> at Dubai\u2019s 2020 Expo<\/strong>, Egypt\u2019s Commissioner General at the Expo 2020 Ahmed Maghawry Diab told Russian news agency TASS<\/a>. The real mummy could be one of the 22 that were transported to the new National Museum of Egyptian Civilization in the \u201cGolden Parade\u201d last month<\/a>. The expo \u2014 which will be the first to be held in the Middle East \u2014 had been postponed due to covid-19 and will take place in October 2021.<\/p>\n

ALSO: <\/strong>Aluminum producers<\/strong> and industry figures are calling on the Trade Ministry <\/strong>to review<\/a>the decision to impose tariffs on aluminum imports, saying the duties<\/a> are negatively impacting Egyptian producers.<\/p>\n","protected":false},"excerpt":{"rendered":"

The share transfer process in First Abu Dhabi Bank\u2019s (FAB) acquisition of Bank Audi\u2019s Egypt unit has been completed, sell-side advisor EFG Hermes said in a statement (pdf). The transaction gives FAB 100% ownership of Bank Audi\u2019s assets in Egypt \u2014 worth EGP 85.6 bn \u2014 with both banks expected to merge their assets and […]<\/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":[111,73,72,207,208],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-562105","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-education","tag-enterpriseam","tag-transport","tag-transport-ministry","wpautop","entry"],"acf":{"mongo_id":"118cc024-d45f-4fe1-92a1-10d875cc3380","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[562086],"teaser":"","voice_url":""},"yoast_head":"\nAlso on our Radar on 6 May 2021 - 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\/05\/06\/also-on-our-radar-on-6-may-2021\/\" \/>\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 6 May 2021\" \/>\n<meta property=\"og:description\" content=\"The share transfer process in First Abu Dhabi Bank\u2019s (FAB) acquisition of Bank Audi\u2019s Egypt unit has been completed, sell-side advisor EFG Hermes said in a statement (pdf). The transaction gives FAB 100% ownership of Bank Audi\u2019s assets in Egypt \u2014 worth EGP 85.6 bn \u2014 with both banks expected to merge their assets and […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-06T04:07:34+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Also on our Radar on 6 May 2021\",\"datePublished\":\"2021-05-06T04:07:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\"},\"wordCount\":225,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"ALSO ON OUR RADAR\",\"Education\",\"EnterpriseAM\",\"transport\",\"Transport Ministry\"],\"articleSection\":[\"Also on our Radar\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\",\"name\":\"Also on our Radar on 6 May 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-05-06T04:07:34+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Also on our Radar on 6 May 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Also on our Radar on 6 May 2021 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/06\/also-on-our-radar-on-6-may-2021\/","og_locale":"en_US","og_type":"article","og_title":"Also on our Radar on 6 May 2021","og_description":"The share transfer process in First Abu Dhabi Bank\u2019s (FAB) acquisition of Bank Audi\u2019s Egypt unit has been completed, sell-side advisor EFG Hermes said in a statement (pdf). 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We don\u2019t know how much FAB\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/262.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561827,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/22\/fab-begins-share-transfer-in-bank-audi-acquisition\/","url_meta":{"origin":562105,"position":1},"title":"FAB begins share transfer in Bank Audi acquisition","author":"enterpriseam admin","date":"22 April 2021","format":false,"excerpt":"First Abu Dhabi Bank (FAB) has begun the share transfer process in its acquisition of 100% of Bank Audi\u2019s Egypt operations, FAB said in astatement (pdf). Once the share transfer is complete, FAB will begin merging the assets and operations of both Bank Audi Egypt and FAB Egypt, with the\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560543,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/03\/bank-audi-egypt-fab-in-2q2021\/","url_meta":{"origin":562105,"position":2},"title":"Bank Audi Egypt = FAB in 2Q2021","author":"enterpriseam admin","date":"3 March 2021","format":false,"excerpt":"Bank Audi will be fully integrated into First Abu Dhabi Bank (FAB) during 2Q2021 after receiving the approval of the Central Bank of Egypt and other regulatory bodies for the transaction, Masrawy reports, citing unnamed sources close to the matter.Background: FAB signed in January a final agreement to acquire 100%\u2026","rel":"","context":"In "M&A WATCH"","block_context":{"text":"M&A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/78.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549851,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/03\/high-school-kids-might-get-a-second-kick-at-thanaweya-amma\/","url_meta":{"origin":562105,"position":3},"title":"High school kids might get a second kick at thanaweya amma","author":"enterpriseam admin","date":"3 October 2022","format":false,"excerpt":"Thanaweya amma students may soon get a second chance at improving their grades: The Education Ministry is looking into ways to allow students to repeat the entire academic year if they\u2019re not happy with their grades, Masrawy quoted Education Minister Reda Hegazy as saying. The ministry is proposing to amend\u2026","rel":"","context":"In "Also on our Radar"","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":571599,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/fab-places-bank-audi-egypt-acquisition-on-ice\/","url_meta":{"origin":562105,"position":4},"title":"FAB places Bank Audi Egypt acquisition on ice","author":"enterpriseam admin","date":"18 May 2020","format":false,"excerpt":"M&A WATCH- First Bank of Abu Dhabi (FAB) has put on ice its plan to acquire Bank Audi\u2019s Egypt assets due to market conditions, Reuters reports, citing unnamed sources. One source, who said the pact was worth USD 700 mn, told the newswire that it is prioritizing supporting the UAE\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/187.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":574338,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/07\/fab-restarts-talks-to-acquire-bank-audi-egypt-sources\/","url_meta":{"origin":562105,"position":5},"title":"FAB restarts talks to acquire Bank Audi Egypt -sources","author":"enterpriseam admin","date":"7 September 2020","format":false,"excerpt":"M&A WATCH- FAB revives talks to acquire Bank Audi Egypt: First Abu Dhabi Bank (FAB) is reportedly planning to re-enter talks to acquire Bank Audi\u2019s Egypt assets, Reuters reported, citing two sources familiar with the matter. FAB executives are due to hold an internal meeting soon to decide on a\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/9\/79.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562105","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=562105"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/562105\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/562086"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=562105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=562105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=562105"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=562105"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=562105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}