{"id":564126,"date":"2021-08-10T13:45:11","date_gmt":"2021-08-10T13:45:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/"},"modified":"2021-08-10T13:45:11","modified_gmt":"2021-08-10T13:45:11","slug":"tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/","title":{"rendered":"TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery."},"content":{"rendered":"<p><strong>Good afternoon, wonderful people. <\/strong>We hope Tuesday is treating you well \u2014 and that you\u2019re as excited as we are by the prospect of a Thursday-Saturday long weekend. It\u2019s another busy newsday, so let\u2019s jump right in:<\/p>\n<p><strong>THE BIG STORY TODAY- Consumer prices rose in July at the fastest pace so far this <\/strong><strong>year<\/strong>, advancing to 5.4% last month from 4.9% in June as electricity and food prices rose. We have chapter and verse in this afternoon\u2019s Speed Round, below.<\/p>\n<p><strong>WHAT WE\u2019RE ACTUALLY CHEERING: The EGX30 is in the green year-to-date <\/strong>for what we are pretty sure is the first time in 2021. The benchmark index is now up 0.1% YTD (0.08% if you want to get picky about it) after closing up 0.5% today in heavy trading. Shares worth EGP 1.91 bn changed hands today \u2014 nearly 32% above the trailing 90-day average.<\/p>\n<p><strong>** CATCH UP QUICK <\/strong>on the top stories from today\u2019s EnterpriseAM:<\/p>\n<ul>\n<li><strong>NIB to be liquidated: <\/strong>The heavily indebted National Investment Bank (NIB) \u2014 which is actually a development bank \u2014 is preparing for its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/aa7d4334-ee20-4c8a-82af-229f5b4e91fb\">liquidation<\/a> over the coming 18 months or so. The plan to shutter the institution was agreed with the International Monetary Fund.<\/li>\n<li><strong>Is Damietta about to become Israel\u2019s natgas terminal?<\/strong> Both countries\u2019 oil ministers were in talks yesterday about using <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0a83b788-b5c2-43f0-8db1-fd3d68201e0e\">Damietta\u2019s liquefied natural gas facilities to receive, process and export Israel's natural gas<\/a> bonanza.<\/li>\n<li><strong>Egyptian fintech startup Dopay will offer its services to Bank ABC corporate <\/strong><strong>clients:<\/strong> Dopay has landed <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c6918bb-5900-49b0-a24c-9cfdb570086d\">a CBE-regulated agent banking license<\/a> that will allow the startup to provide payroll and other banking services in partnership with Bank ABC.<\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD? Dear God, it\u2019s a slow newsday. <\/strong>SoftBank\u2019s move to cut investment in China until the Great Capitalist \/ Tech Smackdown cools leads the front page of the <a href=\"https:\/\/www.ft.com\/content\/8b98db7c-24e9-4aa4-bc42-56338139962e\">Financial Times<\/a>. The <a href=\"https:\/\/www.wsj.com\/articles\/softbank-posts-lower-profit-as-tech-rally-cools-11628579001?mod=hp_lead_pos1\">Wall Street Journal<\/a> is also banging on about SoftBank, reporting that the value of the company\u2019s tech investments sank alongside its profitability in the quarter ending June. Does anybody in Egypt really care about SoftBank \u2014 other than as a reminder of what happens to private investment when governments deliver a smack to the heads of high-profile corporations?<\/p>\n<p><strong>More interesting: The Economist\u2019s lead story<\/strong>, which asks <a href=\"https:\/\/www.economist.com\/business\/what-tech-does-china-want\/21803410\">What tech does China want?<\/a>as it argues that \u201cthe contours of the Communist Party\u2019s masterplan for its technology industry are emerging.\u201d The answer: The country aims to become a \u201ctechno-utopia\u201d \u2014 with a ton of state control and much thinner margins for the private sector.<\/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>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><a id=\"tldr-story-06\" class=\"content-anchor\"><\/a> <strong>WARNING- Companies are going to dock your wages if you WFH. <\/strong>Case in point: Google employees who work from home could be paid less than folks who commute into the office, <a href=\"https:\/\/www.reuters.com\/world\/the-great-reboot\/pay-cut-google-employees-who-work-home-could-lose-money-2021-08-10\/\">Reuters<\/a> reports in an exclusive.<\/p>\n<p><strong>Is it rank socialism or, frankly, justice? <\/strong>Publicly traded corporate mega-landlords in Berlin with more than 3k apartments each could see their properties confiscated if a local referendum passes next month. The landlords are accused of \u201csqueezing out lower income, long-term residents through shoddy maintenance and jacked-up rents\u201d and could now see as many as 240k units taken over by the state. The <a href=\"https:\/\/www.ft.com\/content\/ad96da11-d012-440a-b1d9-05718aac47a5\">Financial Times<\/a> suggests that a majority of Berlin voters \u2014 more than half of whom are renters \u2014 support the measure, which would force the companies to sell their units to the city government at a fair price.<\/p>\n<p><strong>Are we the only ones gnashing our teeth that Stranger Things won\u2019t be back until 2022? <\/strong>Or willing to complain loudly that the latest \u201csneak peek\u201d (which confirmed that season four won\u2019t air until next year) left us \u2026 unfulfilled? <a href=\"https:\/\/www.youtube.com\/watch?v=gM5OVZtq8xM\">Watch and decide for yourself, runtime: 0:30.<\/a><\/p>\n<p><a id=\"tldr-story-07\" class=\"content-anchor\"><\/a> <strong>Gold bugs, delight: Naguib \u2014 who has <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b65943c0-3188-4aee-8b65-4ed39716e7fc\">absolutely no vested interest<\/a><\/strong><strong> in the price of the <\/strong><strong>precious metal \u2014 thinks gold should account for 20-30% of everyone\u2019s portfolio<\/strong>, CNBC reports after interviewing the celebrity bn\u2019aire on Capital Connection. \u201cLet\u2019s say the inflation comes in and there is a crash in the stock market for any reason or the other, you know, then you will be very happy that \u2026 you have a position in gold.\u201d <strong>Does that mean Naguib is waiting for the market to crash? Kinda. <\/strong>\u201cHe said prices have been high for a \u2018very long while\u2019 and will \u2018inevitably\u2019 fall at some point,\u201d adding that global \u201cpolitical uncertainties \u2026 and the \u2018never ending saga\u2019\u201d of covid are keeping him up at night.\u201d<\/p>\n<p><strong>You know who else is being kept up at night by covid? <\/strong><a href=\"https:\/\/www.washingtonpost.com\/education\/schools-start-in-person-pandemic-masks\/2021\/08\/09\/29e7fb6c-f8b4-11eb-9c0e-97e29906a970_story.html\">Schools in the west<\/a> and the corporate world \u2026 everywhere? Amazon is the latest to join the ranks of major corporates who are <a href=\"https:\/\/www.wsj.com\/articles\/amazon-delays-return-to-office-to-2022-amid-renewed-covid-19-surge-11628182141\">delaying their return to the office<\/a> from fall to \u2014 in the Everything Store\u2019s case \u2014 2022.<\/p>\n<p><strong>Lionel Messi is very close to becoming a PSG player:<\/strong> In potentially the most significant transfer of the century so far, Barcelona legend Lionel Messi will join Paris St. Germain on a two-year contract worth EUR 35 mn a year, according to <a href=\"https:\/\/apnews.com\/article\/soccer-sports-europe-la-liga-ligue-1-d40ab9e8f8379f8819f8591d97a8a97a\">the Associated Press<\/a>. The 34-year-old Argentinian has finalized his contract with the French club and is today flying to Paris to seal the move, the newswire says.<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT- <\/strong>(all times CLT)<\/p>\n<p><strong>What happens on a yacht stays on a yacht \u2026 unless you\u2019re watching <\/strong><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81228402\">Below Deck<\/a><\/strong><strong>.<\/strong> Next up in our reality TV week is a show that follows the crews of massive yachts that are home to some of the biggest and most scandalous parties and events \u2014 or just a bn\u2019aire going on a marine adventure. The guests expect every cent of what they\u2019re paying to be worth it, with some of the most random and over-the-top requests to the crew that they have to follow through on. The show also keeps an eye on the dynamics between crew members, with workplace romances popping up every once in a while. Every episode features a new group of passengers, a new destination, and new drama.<\/p>\n<p>\u26bd <strong>El Zamalek are playing Al Ittihad at 9pm today in the Egyptian Premier League. <\/strong>Earlier on in the day at 7pm, Misr Lel Mekassa is going up against Ceramica Cleopatra while Ghazl El Mahalla play Wadi Degla.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a> <strong>From the heart of Beirut to Cairo: <\/strong><a href=\"https:\/\/instagram.com\/lorisegypt?utm_medium=copy_link\">Loris<\/a> first opened in 2015 on the gorgeous Pasteur Street in Beirut. Today, Raya Restaurants has brought Loris to our neck of the woods, introducing the brand to Sheikh Zayed\u2019s Galleria40. The restaurant is a great place for family gatherings and business meetings (as long as they\u2019re back on our calendars), whether that\u2019s for dinner, breakfast or happy hour. The menu has the Lebanese savory dishes and flavorful desserts we all love. Although we usually start with savory, at Loris their sweet goulash bel gebna is king. Otherwise, go for a platters with a variety of grilled meats and sausages as well as shawarma. Of course we don\u2019t need to tell you the importance of mezzet at a Lebanese restaurant \u2014 we often have to stop ourselves from just going for fattoush, sawda djej, hummus, and makanek and calling it a full meal.<\/p>\n<p><strong>Raya Restaurants plans to invest EGP 50 mn in the F&B sector over the next five years. <\/strong>The company\u2019s brand portfolio also includes Ovio, the Lebanese Bakery, and Jones the Grocer, according to a <a href=\"https:\/\/ent.news\/2021\/8\/Loris-Raya-Press-Release.pdf\">press release (pdf)<\/a>.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><strong>Nour Khan & Tafaqum<\/strong> are part of The Room New Cairo\u2019s <a href=\"https:\/\/www.facebook.com\/events\/s\/nour-khan-tafaqum-live-at-room\/256535142650480\/\">acoustic music night<\/a> today at 9pm.<\/p>\n<p><strong>Underground rock band Massar Egbari <\/strong><a href=\"https:\/\/www.facebook.com\/events\/s\/%D9%85%D8%B3%D8%A7%D8%B1-%D8%A7%D8%AC%D8%A8%D8%A7%D8%B1%D9%8A-%D9%81%D9%8A-%D8%AF%D8%A7%D8%B1-%D8%A7%D9%84%D8%A7%D9%88%D8%A8%D8%B1%D8%A7-%D8%A7%D9%84%D9%85\/1410819835967327\/\">are performing<\/a> at the Cairo Opera House tomorrow at 8pm.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>Microsoft\u2019s Satya Nadella is a big fan of this book:<\/strong> <a href=\"https:\/\/www.amazon.com\/Competing-Age-AI-Leadership-Algorithms-ebook\/dp\/B07MWCTNSD\">Competing in the Age of AI: Strategy and<\/a><a href=\"https:\/\/www.amazon.com\/Competing-Age-AI-Leadership-Algorithms-ebook\/dp\/B07MWCTNSD\">Leadership When Algorithms and Networks Run the World<\/a> looks at how AI-centric businesses have introduced a new \u201coperating architecture\u201d (?) redefining how they \u201ccreate, capture, share, and deliver value.\u201d Authors Marco Iansiti and Karim R. Lakhani argue that AI is more scalable, posing theoretical scenarios of what would happen if large firms, such as Ikea, decided to adopt AI. The book looks at what AI has become and what it potentially could become in well-versed and detailed explanations that call for rethinking business and operating models. This transition is not without risks, and tech business leaders have a new scope of responsibilities and ethics to keep in mind as they further encompass the digital age.<\/p>\n<hr class=\"grey-line\" \/>\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- <\/strong>More 41\u00b0C weather in the coming three days for those of us stuck in the capital city, with the mercury set to fall to 25-26\u00b0C at night, according to our favorite weather app. It\u2019s much cooler in Sahel, with daytime high tomorrow of 33\u00b0C and an overnight low of 24\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, wonderful people. We hope Tuesday is treating you well \u2014 and that you\u2019re as excited as we are by the prospect of a Thursday-Saturday long weekend. It\u2019s another busy newsday, so let\u2019s jump right in: THE BIG STORY TODAY- Consumer prices rose in July at the fastest pace so far this year, advancing [&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":[7213],"tags":[7094,116,633,7093,639,634,1124],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564126","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-ai","tag-china","tag-enterprisepm","tag-gold","tag-technology","tag-what-were-tracking-tonight","tag-work-from-home","wpautop","entry"],"acf":{"mongo_id":"1574992c-5f80-4c66-aa54-cd51ae5ccdb9","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[564124],"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>TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery. - 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\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery.\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, wonderful people. 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We hope Tuesday is treating you well \u2014 and that you\u2019re as excited as we are by the prospect of a Thursday-Saturday long weekend. It\u2019s another busy newsday, so let\u2019s jump right in: THE BIG STORY TODAY- Consumer prices rose in July at the fastest pace so far this year, advancing [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-08-10T13:45:11+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery.","datePublished":"2021-08-10T13:45:11+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/"},"wordCount":1459,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["AI","China","EnterprisePM","gold","technology","WHAT WE\u2019RE TRACKING TONIGHT","Work from home"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/","name":"TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery. - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-08-10T13:45:11+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/10\/tonight-google-wants-to-dock-your-wages-if-you-wfh-goldbuggery\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"TONIGHT- Google wants to dock your wages if you WFH + Goldbuggery."}]},{"@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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":679190,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/29\/oil-prices-rebound-2-on-mideast-tensions-and-stalled-russia-ukraine-talks\/","url_meta":{"origin":564126,"position":0},"title":"Oil prices rebound 2% on Mideast tensions and stalled Russia-Ukraine talks","author":"enterpriseam admin","date":"29 December 2025","format":false,"excerpt":"Good afternoon, friends. 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