{"id":564531,"date":"2021-02-11T13:40:10","date_gmt":"2021-02-11T13:40:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/11\/what-were-tracking-tonight-on-11-february-2020\/"},"modified":"2021-02-11T13:40:10","modified_gmt":"2021-02-11T13:40:10","slug":"what-were-tracking-tonight-on-11-february-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/11\/what-were-tracking-tonight-on-11-february-2020\/","title":{"rendered":"What we\u2019re tracking tonight on 11 February 2020"},"content":{"rendered":"<p><strong>Good afternoon, everyone<\/strong>, and welcome to a busy newsday on which to close the weekend. We hope you\u2019ve had an awesome day \u2014 and that you can unplug from the hurly burly this weekend.<\/p>\n<p><strong>THE BIG STORY here at home today: CI Capital is going to market with the first IPO of <\/strong><strong>2021 <\/strong>as it offers up to 49% of education outfit Taaleem. We have chapter and verse in Speed Round, below.<\/p>\n<p><strong>THE BIG STORY in global business news right now: Microsoft wants to pin Pinterest<\/strong> and made a direct approach to the hobbyist-favored social media platform, the <a href=\"https:\/\/www.ft.com\/content\/f88b8474-e791-4efb-a9f6-54c8222680fe\">Financial Times<\/a> reports in an exclusive. Pinterest isn\u2019t yet willing to put a ring on it, signalling instead that it prefers to remain a privately held company. Pinterest has probably seen its (private market) value skyrocket to 600% during the pandemic and is now worth about USD 51 bn.<\/p>\n<p><strong>Microsoft has big appetite for M&A <\/strong>and has been awfully good with its picks, snapping up developer favourite Github (USD 7.5 bn) and business-focused social network LinkedIn (USD 26.2 bn) before making a failed run last year at TikTok.<\/p>\n<p><strong>ALSO: High-profile former Republicans are in talks to create an anti-Trump breakaway <\/strong><strong>political party<\/strong>, claiming that the GOP is unwilling to stand up to former President Donald Trump, people involved in the discussions told <a href=\"https:\/\/www.reuters.com\/article\/us-usa-trump-party-exclusive\/exclusive-dozens-of-former-republican-officials-in-talks-to-form-anti-trump-third-party-idUSKBN2AB07P\">Reuters<\/a>. The group includes veterans of the Reagan, Bush I, Bush II and Trump administrations.<\/p>\n<hr class=\"grey-line\">\n<p><strong>YOUR STATUTORILY REQUIRED afternoon covid update: The idea of a vaccination <\/strong><strong>passport is gaining momentum<\/strong>, with Israel and Greece driving the conversation. With two-thirds of Israelis having received at least one of the two vaccination shots they need, the country wants to let its citizens travel to Greece and a handful of other \u201ctourist-hungry\u201d destinations, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-11\/as-israel-and-greece-push-vaccine-passport-some-say-not-so-fast?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg reports<\/a>. Israel has already reached a pact with Greece where they\u2019ll recognize each other\u2019s vaccination records. Portugal is down with the idea, the global airline lobby IATA is testing a mobile app called Travel Pass, with the UAE\u2019s Etihad Airways likely an early adopter.<\/p>\n<p><strong>Oh, and plenty of Americans don\u2019t want to get a jab: <\/strong>One in three respondents to an <a href=\"https:\/\/apnews.com\/article\/ap-norc-poll-3rd-adult-skeptical-vaccine-3779574a6d45d38cfc1d8615eb176b2d\">AP<\/a><a href=\"https:\/\/apnews.com\/article\/ap-norc-poll-3rd-adult-skeptical-vaccine-3779574a6d45d38cfc1d8615eb176b2d\">survey<\/a> said they definitely or probably won\u2019t line up to take a covid-19 vaccination.<\/p>\n<p><strong>HAPPENING RIGHT NOW-<\/strong> <strong>Foreign Minister Sameh Shoukry is in Athens today <\/strong>for a meeting to discuss the situation in the EastMed, the Egyptian Foreign Ministry said on <a href=\"https:\/\/twitter.com\/MfaEgypt\/status\/1359805112600981510\">Twitter<\/a>. The meetings brought together the foreign ministers of Egypt, Greece, Cyprus, France, Saudi Arabia, Bahrain and the UAE. Shoukry reportedly <a href=\"https:\/\/twitter.com\/MfaEgypt\/status\/1359814414325731330\">held talks<\/a> with his Saudi and Bahraini counterparts on the sidelines of the meetings. The FM also had a <a href=\"https:\/\/bit.ly\/3qbAvg9\">separate sit-down<\/a> with his Cypriot counterpart.<\/p>\n<p><strong>CATCH UP QUICK- The top stories from this morning<\/strong>\u2019s edition of EnterprisePM:<\/p>\n<ul>\n<li><strong>We\u2019re expecting two large orders of covid vaccines to arrive by the end of the <\/strong><strong>month <\/strong>even as new daily case reports continue to rise. Cabinet spokesperson Nader Saad <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e2120b26-77bb-4bed-818c-3c60f420d1a6\">called last night<\/a> for citizens to respect social distancing and masking rules. <strong>We have the latest in Speed Round, below.<\/strong><\/li>\n<li><strong>We seem to be entering a new commodities \u201csupercycle\u201d <\/strong>12 years after the last one ended. Post-covid economic growth and the transition to green energy could <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8c7c9bc9-0634-4c20-8cd9-2750369825fc\">drive appetite<\/a> for agricultural produce, metals and oil.<\/li>\n<li><strong>Car owners are getting incentives to scrap their clunkers <\/strong>and instead slide behind the wheel of a dual fuel vehicle after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c569a8ad-4826-4eb2-92a1-f2f4bf44ff52\">cabinet signed off<\/a> on a range of incentives for private vehicle owners, taxi drivers and owners of microbuses. The Sisi administration hopes to replace 1.8 mn cars with vehicles that can run on natural gas.<\/li>\n<\/ul>\n<p><strong>*** You\u2019re reading Issue #5 of EnterprisePM, our afternoon briefing<\/strong> on what\u2019s going on in Egypt and emerging markets \u2014 and your guide to where you may want to spend your time and money tonight. <strong>You can subscribe to Enterprise by hitting the link in the nice green box below:<\/strong><\/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>? HAPPENING NEXT WEEK-<\/strong><\/p>\n<ul>\n<li>Tomorrow is the <a href=\"https:\/\/bit.ly\/3a7HTna\">deadline<\/a> for folks to reach a <strong>settlement with the Tax Authority<\/strong> on overdue income, value-added, or real estate taxes without all the late fees.<\/li>\n<li><strong>Students have until Monday to apply for admission<\/strong> to private university using the government\u2019s new online application site. Results will be out on Saturday, 20 February.<\/li>\n<li>Wednesday will see some very cool friends of ours gather for a <strong>MENA-focused VC <\/strong><strong>discussion<\/strong> headlined <a href=\"https:\/\/groups.gsb.columbia.edu\/CEO\/rsvp_boot?id=7449\">Investor Perspectives from New York to North Africa<\/a>, hosted by the Columbia Entrepreneurs Organization.<\/li>\n<\/ul>\n<p><strong>PSA- Sunday is Valentine\u2019s Day. <\/strong>Our dislike of this particular Hallmark Holiday notwithstanding, it might be time to make reservations if you\u2019re among the folk who have cancelled covid and are comfortable dining out.<\/p>\n<p>? <strong>SOME WEEKEND READING<\/strong><strong>-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>The US government thinks it wants to create killer robots: <\/strong>\u201cThe United States should not agree to ban the use or development of autonomous weapons powered by artificial intelligence software, a government-appointed panel said in a draft report for Congress,\u201d claiming that there is a \u201c<a href=\"https:\/\/www.reuters.com\/article\/us-usa-military-ai-idUSKBN29V2M0?taid=6010cf15e8fa030001a3e53f&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter\">moral imperative\u201d to see whether \u201cautonomous weapons are expected to make fewer mistakes than humans do in battle<\/a>, leading to reduced casualties or skirmishes caused by target misidentification.\u201d<\/p>\n<p><strong>How could that ever go wrong? <\/strong>Go read Gregg Hurwitz\u2019s chilling <a href=\"https:\/\/www.amazon.com\/Prodigal-Son-Orphan-X-Novel-ebook\/dp\/B087ZXKG72\/\">Prodigal Son<\/a>, the latest in his Orphan X series, where the villain this time around is an AI scientist cooking up nasty weapons for the US military. Thriller hyperbole aside, it\u2019s a thoughtful exploration about what it means to separate moral responsibility from the use of violence.<\/p>\n<p><strong>PSA- Violent video games probably <\/strong><strong><a href=\"https:\/\/www.wsj.com\/articles\/violent-videogames-arent-ruining-your-kidsbut-its-good-to-discuss-them-11612620001\">won\u2019t turn your kids into psychopaths<\/a><\/strong>, but that doesn\u2019t mean that you shouldn\u2019t be tech-proofing your kid. <a href=\"https:\/\/www.wsj.com\/articles\/from-pinterest-to-fitbit-no-app-is-truly-kid-safe-heres-what-families-can-do-11612015201\">No app is really, truly kid safe<\/a>.<\/p>\n<p><strong>SIGN OF THE TIMES- A global shortage in chips is putting pressure on everything from <\/strong><strong>cars to the PS5: <\/strong>Demand for electronic chips rose more than 5% last year as people scrambled to buy personal computers in the early days of the pandemic and later began buying gaming consoles and other electronics, reports <a href=\"https:\/\/www.cnbc.com\/2021\/02\/10\/whats-causing-the-chip-shortage-affecting-ps5-cars-and-more.html\">CNBC<\/a>. With expected to grow another 8% this year, chip-reliant companies are struggling to lock in supply. The US-China trade war also dealt a hit to the industry as the US last year barred its businesses from dealing with the largest chip manufacturer in China, SMIC.<\/p>\n<p><strong>It\u2019s not a stock bubble over in the US of A. No siree:<\/strong> \u201cI am not saying sell everything. I am simply begging you to exercise some discipline and sell something because nobody ever got hurt taking a profit,\u201d <a href=\"https:\/\/www.cnbc.com\/2021\/02\/10\/the-stock-market-is-on-a-highway-to-the-danger-zone-jim-cramer-says.html\">CNBC screamer<\/a> Jim Cramer said yesterday.<\/p>\n<p><strong>We miss Paris just as much as we miss Rome. <\/strong>If you\u2019re in the same boat, go read <a href=\"https:\/\/www.nytimes.com\/2021\/01\/26\/world\/europe\/louvre-coronavirus.html\">Mona Lisa<\/a><a href=\"https:\/\/www.nytimes.com\/2021\/01\/26\/world\/europe\/louvre-coronavirus.html\">is alone, but still smiling<\/a>. The dispatch from Paris tackles how the Louvre is running a restoration and cleanup while the crowds are away, and it\u2019s packed with gorgeous images.<\/p>\n<p><strong>Forget about Pharaoh\u2019s (or Montezuma\u2019s) revenge: <\/strong>What you eat \u2014 and how your digestive system breaks it down \u2014 has almost everything to do with whether you get diabetes, rheumatoid arthritis and perhaps even Alzheimer\u2019s disease. We\u2019ll be talking more about all of this in the weeks to come, but start by reading <a href=\"https:\/\/www.economist.com\/science-and-technology\/2021\/02\/10\/microbial-ecosystems-in-the-mouth-and-gut-are-linked-to-many-ills\">Microbial ecosystems in the mouth and gut are linked to many ills<\/a> in the Economist.<\/p>\n<p><strong>Lesson #319 on How to be a [Redacted] Leader:<\/strong> We have an update <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad235abc-56b3-492d-82f4-52648afb9c8e\">on Lesson #318 from<\/a><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad235abc-56b3-492d-82f4-52648afb9c8e\">earlier this week<\/a>: The head of KPMG in the UK has \u201cstepped aside\u201d while the firm investigates remarks he allegedly made on a webinar that leaked to the <a href=\"https:\/\/www.ft.com\/content\/3c3c07d1-ffb9-4288-aea4-41acf3f3bbff\">Financial Times<\/a>. Bill Michael reportedly told staff to \u201cstop moaning\u201d and \u201cstop playing the victim card\u201d when they questioned him about potential cuts to pay, bonuses and pensions.<\/p>\n<p><strong>The red palm weevil is the instrument for this meditation on Israel\u2019s improving relations <\/strong><strong>with the Arab world. <\/strong>Read: <a href=\"https:\/\/www.nytimes.com\/2021\/02\/10\/opinion\/israel-uae-peace-dates-technology.html\">The new alliance shaping the Middle East is against a tiny bug<\/a>.<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Al Ahly will play Brazil\u2019s Palmeiras for the bronze in the FIFA Club World Cup <\/strong><strong>today at 5pm CLT.<\/strong> The third-place playoff will be missing Hussein El Shahat and Mahmoud Kahraba, both suspended for violating covid-19 measures after they were seen shaking hands with former Al Ahly star Mohamed Aboutrika, who was in the stands for an earlier match, reports <a href=\"https:\/\/www.kingfut.com\/2021\/02\/09\/fifa-suspend-al-ahly-duo-palmeiras\/\">King Fut<\/a>.<\/p>\n<p><strong>The FA Cup has two matches for you tonight: <\/strong>Wolves will be facing Southampton at 7:30pm CLT (h\/t our friend Maurice F.), while Barnsley and Chelsea will hit the field at 10pm CLT. Yesterday\u2019s matches saw Manchester City beat Swansea 3-1, Leicester City down Brighton 1-0, Sheffield United edge past Bristol City 1-0, and Everton take Tottenham 5-4.<\/p>\n<p><strong>Serie A and La Liga <\/strong>will pick up tomorrow while the<strong> English Premier League <\/strong>has matches starting Saturday.<\/p>\n<p><strong>??<\/strong><strong>EAT THIS TONIGHT- <\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>SAHEL TO CAIRO #1- A growing number of Sahel foot startups are making it big in Cairo.<\/strong> The latest is Takosan (<a href=\"https:\/\/www.instagram.com\/takosaneg\/?hl=en\">Instagram<\/a>), a healthy and delicious fusion of Mexican and Japanese culinary traditions. We know, we know \u2014 it sounds weird, but it\u2019s fantastic. Offering tacos, pok\u00e9 bowls and sushi burritos, Takosan was a beachside favorite last summer that has since opened two locations in the GCA, including New Cairo (Waterway) and Zayed (Palm Hills). Their signature dish is the <strong>You\u2019re Hard to Please Poke\u0301,<\/strong> made with steamed rice, cubes of salmon, marinated tuna, wakame salad, shredded carrots and panko (a fancy Japanese name for breadcrumbs). You can also create your own poke bowl from a variety of excellent-quality ingredients. Not into veggies and seafood, they also have duck, chicken, and pulled beef soft-shell tacos. And yes, they deliver \u2014 contacts in their bio.<\/p>\n<p><strong>? <\/strong><strong>Feeling creative? Sweet tooth overpowering your urge to chow down on tacos? Try <\/strong><strong><a href=\"https:\/\/cooking.nytimes.com\/recipes\/1017198-dark-chocolate-pudding\">this stunning dark chocolate pudding<\/a><\/strong> from NYT Cooking. It comes together in just 20 minutes, but you\u2019ll want to leave it in the refrigerator for about four hours to set. Use 70% dark chocolate from Gourmet and pour individual servings into tea cups (or lots of little espresso cups).<\/p>\n<p><strong>Tip: <\/strong>Fill the cups to the brim and cover each one in plastic wrap before you put them in the refrigerator \u2014 doing so will prevent the pudding from developing that nasty \u201cskin\u201d on the top.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><strong>You can check out The Violin Project with Amr Darwish today at 9pm CLT.<\/strong> Darwish and his band will be playing a collection of Arabic songs, with a twist. <strong>Venue: <\/strong>The Room Art Space in Garden City (<a href=\"https:\/\/goo.gl\/maps\/k7WqzKqpcGs8aoXN9\">Google Maps<\/a>).<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/auc-connect.aucegypt.edu\/PUBLICEV\/rsvp_boot?id=300049452\">opening ceremony<\/a><\/strong><strong> of AUC\u2019s exhibition \u201cRobert Colescott \u2013 The Cairo Years''<\/strong> is tonight at 7:30pm CLT at the Tahrir Cultural Center (<a href=\"https:\/\/goo.gl\/maps\/sj5KVpQ26bdsjrow9\">Google Maps<\/a>). <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d6da4c2-dff4-4135-99e4-2318ea8c2159\">The exhibit<\/a> is in celebration of Black History month and will run until 31 March.<\/p>\n<p><strong>Egyptian Pink Floyd cover band <\/strong><strong>AndrOmidA<\/strong><strong> is playing at Sakia Culture Wheel <\/strong>(<a href=\"https:\/\/goo.gl\/maps\/3xhjzdsyG73Z8VQVA\">Google<\/a><a href=\"https:\/\/goo.gl\/maps\/3xhjzdsyG73Z8VQVA\">Maps<\/a>) tomorrow at 8pm CLT. Their setlist includes Pink Floyd favorites, among them all three parts of Another Brick in the Wall, Comfortably Numb, and High Hopes. You can book your ticket <a href=\"https:\/\/culturewheel.com\/en\/events\/WmR1Jno1nB\">here<\/a>.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>Got young kids? We\u2019ve got your back.<\/strong> <a href=\"https:\/\/www.theguardian.com\/travel\/2021\/feb\/07\/10-childrens-books-take-kids-on-a-journey-travel-escape\">The Guardian<\/a> is out with a list of \u201c10 children\u2019s books that will take kids on a journey\u201d which sounds especially nice as covid-19 keeps them at home and needing stimulation. A personal childhood favorite of ours we found on the list: \u201c<a href=\"https:\/\/www.amazon.com\/Mixed-up-Files-Mrs-Basil-Frankweiler\/dp\/1416949755\">From the Mixed-Up Case Files of Mrs Basil E Frankweiler<\/a>\u201d by EL Konigsburg.<\/p>\n<hr class=\"grey-line\">\n<p>? <strong>YOUR WEEKEND<\/strong><strong> WEATHER- It\u2019s shaping up to be a beautiful weekend. <\/strong>Look for a mix of sun and cloud Friday (daytime high: 25\u00b0C) and Saturday (22*C).<\/p>\n<p><strong>NEXT WEEK- Look for a cold front to move in on Monday<\/strong>, sending temperatures into the low-to-mid teens well into next weekend, according to the long-range forecast. THere\u2019s a chance of heavy winds on Wednesday (16\u00b0C) and Thursday (14\u00b0C). You\u2019ll want to bundle up at night, because the lows will be in the single digits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, everyone, and welcome to a busy newsday on which to close the weekend. We hope you\u2019ve had an awesome day \u2014 and that you can unplug from the hurly burly this weekend. THE BIG STORY here at home today: CI Capital is going to market with the first IPO of 2021 as it [&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":[211,984,92,633,462,4171,301,284,3165,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-564531","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-cyprus","tag-donald-trump","tag-eastern-mediterranean","tag-enterprisepm","tag-microsoft","tag-pinterest","tag-sameh-shoukry","tag-south-sinai","tag-tencent","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"6fb1f5f7-f354-42bc-bfd6-6f74002733ab","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[564529],"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>What we\u2019re tracking tonight on 11 February 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\/02\/11\/what-were-tracking-tonight-on-11-february-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking tonight on 11 February 2020\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, everyone, and welcome to a busy newsday on which to close the weekend. We hope you\u2019ve had an awesome day \u2014 and that you can unplug from the hurly burly this weekend. 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