{"id":565483,"date":"2021-04-12T13:33:39","date_gmt":"2021-04-12T13:33:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/tonight-ramadan-times-and-tv-guide-lavrov-is-in-town-agthia-has-plans-for-egypt-more-ethiopia-antagonism\/"},"modified":"2021-04-12T13:33:39","modified_gmt":"2021-04-12T13:33:39","slug":"tonight-ramadan-times-and-tv-guide-lavrov-is-in-town-agthia-has-plans-for-egypt-more-ethiopia-antagonism","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/tonight-ramadan-times-and-tv-guide-lavrov-is-in-town-agthia-has-plans-for-egypt-more-ethiopia-antagonism\/","title":{"rendered":"TONIGHT: Ramadan times and TV guide, Lavrov is in town; Agthia has plans for Egypt; more Ethiopia antagonism"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>We\u2019re literally hours away from Ramadan<\/strong>, and we hope you have a blessed, restful, productive, safe, and festive 30 (or 29) days. Who says we can\u2019t have it all.<\/p>\n<p><strong>So, when do we eat?<\/strong> Maghreb prayers are at 6:21pm in the capital city tomorrow. You\u2019ll have until 4:01am to finish sohour tonight.<\/p>\n<p><strong>As a reminder:<\/strong> Bank hours will run 9:30am-1:30pm through the holy month (9am to 2pm for staff), while the EGX is also on shorter hours, with the opening bell at 10am and last trades by 1:30pm.<\/p>\n<p><strong>The epic Ramadan news slowdown has begun<\/strong>, with nothing of particular note coming in the local and foreign press save Agthia interest in Egypt, Suitera\u2019s USD 100k investment, and more antagonism from Ethiopia. We dive deeper into these in the Speed Round below.<\/p>\n<p><strong>And since it is that season, we thought we\u2019d run our inaugural Ramadan TV guide. <\/strong>Scroll down to Worth Watching to see how you may want to kill brain cells while you digest.<\/p>\n<p><strong>*** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM:<\/p>\n<ul>\n<li><strong>Cleopatra Hospitals is reportedly <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a108ea38-12e7-4974-9c7c-e191893d0399\">throwing its hat in the ring<\/a><\/strong> for Alexandria Medical Services.<\/li>\n<li><strong>Sinopharm, Sinovac <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5d6f2923-22e5-45ba-bbdb-95040fb52ca8\">aren\u2019t stellar<\/a><\/strong>, China admits, then backtracks. Stay tuned for more updates in tomorrow\u2019s EnterpriseAM. <\/li>\n<li><strong>MENA countries are <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5ef6b22b-dea2-4bf2-9beb-78c9146d2670\">going to need to borrow<\/a><\/strong><strong> almost USD 1 tn<\/strong> over the next two years -IMF.<\/li>\n<\/ul>\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<hr class=\"grey-line\">\n<p><strong>THE BIG STORY ABROAD: Iran is pointing the finger of blame at Israel for the attack <\/strong><strong>yesterday on its Natanz uranium enrichment facility<\/strong>, which caused power outages and possibly damaged a centrifuge, <a href=\"https:\/\/www.reuters.com\/article\/us-iran-nuclear-natanz\/irans-zarif-blames-israel-for-natanz-incident-vows-revenge-tv-idUSKBN2BZ0HD\">Reuters<\/a> reported. Israel, which strongly opposed the 2015 nuclear agreement with Iran that the Trump administration pulled out of in 2018, has neither confirmed nor denied responsibility for the attack. Tehran\u2019s accusation comes two days before its diplomats are set to meet with officials from China, Russia, the EU and the US in Vienna to resume talks on lifting sanctions and returning Iran to full compliance with the nuclear program.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-07\"><\/a> <strong>THE BIG GLOBAL MACRO STORY- A rally in US treasury yields could make a comeback <\/strong><strong>after a two-week pause <\/strong>as auctions for USD 271 bn-worth of new debt kick off today and a closely watched inflation report is due to be released, reports <a href=\"https:\/\/www.reuters.com\/article\/us-usa-bonds-supply\/analysis-big-u-s-treasury-auctions-could-restart-rise-in-yields-idUSKBN2BZ0C0\">Reuters<\/a>. Expectations of weak demand and inflation data seen marking the beginning of consumer prices and record producer prices could send borrowing costs a notch higher, potentially reversing a recent lull in the market as yields have been falling since the start of April, investors tell the newswire.<\/p>\n<p><strong>REMINDER- Higher treasury yields is bad news for EMs: <\/strong>The rally on US government bonds and a stronger greenback have been the biggest drag on the EM recovery story in the first quarter of 2021, Eva Szalay writes in an op-ed for <a href=\"https:\/\/www.ft.com\/content\/36b61fa7-8580-43e6-96d5-70ed3b8e5c7c\">the Financial Times<\/a>. This is increasingly proving itself a problem for central bankers in the developing world as it could force many of them to hike their own rates sooner than they would have otherwise liked. Policymakers in South Africa, Brazil, and other countries would need to raise rates much faster to keep domestic inflation in check, and this \u201ccan kill off budding economic recoveries,\u201d says Ed Al-Husseiny, a senior rates and currencies analyst at Columbia Threadneedle.<\/p>\n<p><strong>Need a refresher on why higher borrowing costs aren\u2019t ideal for us? <\/strong>Look no further than our recent <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1c6fb4fa-12c9-45d0-b904-242cb9d1c66d\">deep-dive into the issue<\/a>, which focuses on what higher US bond yields mean for Egypt and the wider EM-verse.<\/p>\n<p><strong>Increasingly, EM economies have been deploying asset purchase programs to boost <\/strong><strong>money supply,<\/strong> which could prove useful in helping shield EMs from outflows in the event higher US yields draw investors westwards. We have more on EMDE asset purchase programs in <strong>The Macro Picture<\/strong> below.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>\u201cSummer hours\u201d will <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1893821920796164\">come into effect<\/a><\/strong><strong> for retail stores and restaurants as of this<\/strong><strong> Saturday, 17 April. <\/strong>This means retail shops can close at 11 pm (instead of 10 pm during the winter), while cafes and restaurants can stay open until 1 am (instead of midnight currently). We have more details on the winter vs. summer hours <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3019f4c-6803-4c38-a95f-5dfdeaf7a35b\">here<\/a>.<\/p>\n<p>? <strong>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><strong>Plug-in hybrid vehicles (PHEVs) might exit stage left by 2026, when they will no<\/strong><strong> longer be classified as \u201csustainable investments\u201d<\/strong> under draft EU policies, <a href=\"https:\/\/www.reuters.com\/article\/us-autos-europe-regulations-insight\/once-green-plug-in-hybrid-cars-suddenly-look-like-dinosaurs-in-europe-idUSKBN2BZ0C2?il=0\">Reuters<\/a> reports. Once touted as a transition technology that was on par with all-electric vehicles, PHEVs are now seen as \u201cworse than the technology they\u2019re replacing,\u201d experts tell the newswire. PHEVs\u2019 produced four times the emissions they were approved for, and when used in combustion engine mode used more fuel than a standard car. Manufacturers will not be allowed to label PHEVs as sustainable investments beyond 2025, while rules on emissions will increase the costs of production.<\/p>\n<p><strong>Automakers already lining up excuses: <\/strong>Automakers not yet in EVs are now using this to stall on green commitments, arguing that PHEVs (which they claim is their only transitional tech) are almost certainly looking at a drop in investor interest in the next few years as production costs are expected to shoot up. \u201cA battery electric car is not yet practical,\u201d Bentley CEO Adrian Hallmark said, highlighting consumer concerns for a full range of EVs and charging infrastructure.<\/p>\n<p><strong>The benefits of a tiny country: <\/strong>Bhutan only needed 16 days to vaccinate 93% of its adults, bringing the tiny Buddhist kingdom\u2019s total vaccination coverage to 63% of its population \u2014 just behind Seychelles, which has inoculated 66% of its 100k residents, reports <a href=\"https:\/\/apnews.com\/article\/asia-pacific-coronavirus-pandemic-bhutan-dbfa7343aa3de02f4cb0cb9b6e4006f4\">the Associated Press<\/a>. Bhutan, which has a population of 800k people, got its hands on AstraZeneca doses in January, but only started its rollout in late March to coincide with dates in Buddhist astrology.<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><strong>For those not partaking in some Ramadan viewing,<\/strong> <strong>the<\/strong> <strong>Oscar-nominated short film <\/strong><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81447229\">Two<\/a><\/strong><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81447229\">Distant Strangers<\/a><\/strong><strong> is out on Netflix.<\/strong> It\u2019s GroundHog Day meets identity politics, as the film follows a Black man stuck in a time loop, forcing him to relive a deadly run-in with an aggressive white police officer. The Oscars are coming up soon, with the date for the prestigious award show set for 26 April, so you might want to get caught up on some nominees.<\/p>\n<p><strong>\u26bd The English Premier League\u2019s *awful* Gameweek 31 is coming to an end today. <\/strong>West Brom is playing against Southampton at 7pm while Brighton and Everton will go at it at 9:15pm.<\/p>\n<p><strong>La Liga<\/strong> will see Celta Vigo play against Sevilla at 9pm while <strong>Serie A<\/strong>\u2019s solo match of the day is Benevento versus Sassuolo at 8:45pm.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/fb.me\/e\/1HGw8CXFJ\">Natural Hair Fest<\/a><\/strong><strong> is on until 8pm tonight at Maadi\u2019s Club 7<\/strong>, bringing together some of the country\u2019s best natural hair care brands in one place to show off their products and services.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong><a href=\"https:\/\/www.amazon.com\/Girl-Decoded-Scientists-Intelligence-Technology-ebook\/dp\/B07VF1SKPV\">Girl Decoded<\/a><\/strong><strong> by Egyptian-American scientist Rana El Kaliouby is a must-read for<\/strong><strong> tech nerds.<\/strong> El Kaliouby is the CEO of <a href=\"https:\/\/www.affectiva.com\/\">Affectiva<\/a>, the pioneering firm in the new field of Emotion AI, which allows our technology to understand humans the way we understand one another. The book makes a strong case for why we must make AI systems more equitable, diverse, and human, while also recalling El Kaliouby\u2019s own journey as an Arab Muslim within the region and when she moved to the West. She has long believed that we need to \u201chumanize technology before it dehumanizes us.\u201d<\/p>\n<p>? <strong>TOMORROW\u2019S WEATHER- Hydrate a lot at Sohour if you\u2019re observing Ramadan: It\u2019s<\/strong><strong> about to get hotter out there. <\/strong>Tomorrow and Wednesday are our last days in the 20s before the mercury goes all the way to the 40s next week. Expect daytime highs of 26\u00b0C and nighttime lows of 13\u00b0C tomorrow and say sayonara to winter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re literally hours away from Ramadan, and we hope you have a blessed, restful, productive, safe, and festive 30 (or 29) days. Who says we can\u2019t have it all. So, when do we eat? Maghreb prayers are at 6:21pm in the capital city tomorrow. You\u2019ll have until 4:01am to finish sohour tonight. As a reminder: [&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":[633,390,410,270,301,1615,711,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565483","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-foreign-ministry","tag-gerd","tag-russia","tag-sameh-shoukry","tag-sergey-lavrov","tag-vladimir-putin","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"6befdc51-d395-4f9b-ba18-730008f1aa3f","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[565481],"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: Ramadan times and TV guide, Lavrov is in town; Agthia has plans for Egypt; more Ethiopia antagonism - 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\/12\/tonight-ramadan-times-and-tv-guide-lavrov-is-in-town-agthia-has-plans-for-egypt-more-ethiopia-antagonism\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TONIGHT: Ramadan times and TV guide, Lavrov is in town; Agthia has plans for Egypt; more Ethiopia antagonism\" \/>\n<meta property=\"og:description\" content=\"We\u2019re literally hours away from Ramadan, and we hope you have a blessed, restful, productive, safe, and festive 30 (or 29) days. 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We expect that the resumption of direct flights to Egypt that Russia\u2019s industrial zone and the Dabaa nuclear power plant will be on the agenda. TASS reports that cooperation on counter-terrorism alongside the Syrian,\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":661021,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/20\/to-cut-or-not-to-cut\/","url_meta":{"origin":565483,"position":1},"title":"To cut, or not to cut","author":"enterpriseam admin","date":"20 February 2025","format":false,"excerpt":"Good afternoon, wonderful people, and happy Thursday. Despite the slow newsday the EnterpriseAM presses continue to churn, with today\u2019s issue covering all the latest on possible Central Bank of Egypt rate cuts and Microsoft\u2019s recent advance in quantum computing.THE BIG STORY TODAY- #1- It\u2019s interest rate day: All eyes are\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561537,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/12\/ramadan-starts-tomorrow-lavrov-in-town-today-iran-alleges-nuclear-terrorism\/","url_meta":{"origin":565483,"position":2},"title":"Ramadan starts tomorrow; Lavrov in town today; Iran alleges \u201cnuclear terrorism\u201d","author":"enterpriseam admin","date":"12 April 2021","format":false,"excerpt":"Ramadan Kareem, y\u2019all: Dar Al Ifta confirmed last night that Tuesday will be the first day of Ramadan. We wish all of you a fantastic, relaxing month with family and friends.So, when do we eat? Maghreb prayers are at 6:21pm in the capital city tomorrow. You\u2019ll have until 3:59am 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":561465,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/08\/ramadan-covid-measures-to-be-announced-today-a-fuel-price-hike-announcement-any-day-now\/","url_meta":{"origin":565483,"position":3},"title":"Ramadan covid measures to be announced today + a fuel price hike announcement any day now.","author":"enterpriseam admin","date":"8 April 2021","format":false,"excerpt":"Well, that\u2019s another week in the books, nice people, as we wind down this final week before Ramadan. The Holy Month is now five days away. Look today for more information on covid restrictions that will come into play during Ramadan. Health Minister Hala Zayed will hold a presser today\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":616241,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/03\/b-investments-granted-more-time-to-submit-mto-for-ofh-plus-agthia-ups-stake-in-abu-auf-basata-acquires-jordanian-fintech-stake\/","url_meta":{"origin":565483,"position":4},"title":"B Investments granted more time to submit MTO for OFH. 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