{"id":565601,"date":"2021-04-19T13:59:04","date_gmt":"2021-04-19T13:59:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/"},"modified":"2021-04-19T13:59:04","modified_gmt":"2021-04-19T13:59:04","slug":"tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/","title":{"rendered":"TONIGHT: Tax AI cop; Fund managers can margin trade; Tomorrow\u2019s conference lineup; Euro betrayal"},"content":{"rendered":"<p><strong>Good afternoon everyone.<\/strong> And we\u2019re quite relieved that it\u2019s another slow news day \u2014 particularly as the nation reels from another train <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ab9ca9b1-c618-437a-9adc-f28c40323304\">accident in Qalyubia<\/a> that left at least 11 dead and 98 injured. With several investigations being launched, we await updates that have yet to emerge as of dispatch time.<\/p>\n<p><strong>On a more upbeat note, banks in Egypt appear to be the second fastest growing in the region<\/strong>, with EFG Hermes stating that aggregate earnings grew 10% y-o-y in 1Q2021. We cover this in greater detail in the Speed Round below.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the other top stories from today\u2019s EnterpriseAM:<\/p>\n<ul>\n<li><strong>No VAT on office rents:<\/strong> Amendments to the VAT act <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0809f68c-1e9c-4423-b43e-29da02a8451e\">propose a 1% schedule tax<\/a> instead of the standard 14% VAT.<\/li>\n<li><strong>Hello wave 3?<\/strong> Officials expect covid-19 cases to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8759459e-eeb1-4138-a49b-7dd27205bc30\">continue rising<\/a> throughout Ramadan.<\/li>\n<li><strong>Natgas transition:<\/strong> The government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/35e33c41-388d-49c0-9bcc-5fc5772c6569\">plans to convert<\/a> 450k cars to run on natgas within three years.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p class='web-image'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/4\/robocop-1600.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Introducing Robo Tax Cop: <\/strong>The government appears to be turning to AI technology to bust tax cheats, as government-owned eTax signed an MoU with Microsoft this week that will see them work on using AI to improve taxation in Egypt, according to a joint <a href=\"https:\/\/ent.news\/2021\/4\/Microsoft-and-eTax-PRL-AV.docx.pdf\">press release (pdf)<\/a>. The agreement will see Microsoft help eTax develop core capabilities in e-invoicing and electronic tax services, as well as allow it to create \u201csmart\u201d tax reports that would improve authorities\u2019 ability to crack down on tax fraud and evasion. eTax is a EGP 100 mn JV between the Finance Ministry and state-owned payments firm e-Finance to provide services and tech solutions to companies and authorities as Egypt transitions toward an electronic tax system. We recommend they add deep fake algorithms to give it a face and sound like Peter Weller.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-03\"><\/a> <strong>Habemus margin trading, fund managers:<\/strong> Fund managers licensed by the FRA can now officially begin financing margin trading after a recent regulatory decision was <a href=\"https:\/\/bit.ly\/3duUUsL\">published<\/a> in the Official Gazette. The authority recently moved to allow <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f906e72-0324-42d5-a44d-b6115abaf550\">fund managers<\/a> and <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c677777d-8336-466e-a0d4-4b6343b426f7\">non-bank firms<\/a> to finance brokerages after the central bank <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f05c21e8-cfa0-4ffa-a016-e59cca9ba55a\">earmarked EGP 1 bn<\/a> to be lent out in a bid to boost liquidity on the bourse. At the same time, it\u2019s working on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/509c136b-b9d7-44ea-b407-e4390b8ce918\">separate regulations<\/a> to cap the practice and mitigate the risk of a boom in using borrowed funds on the EGX.<\/p>\n<p><strong>Unclear on what margin trading is? <\/strong>We published a recent explainer on <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/33dbee3e-f89b-4b93-97f2-5b7f32b7fe24\">the A-Z of trading on margin<\/a>, which is another fancy way of saying debt or leverage \u2014 specifically, debt owed by traders to their brokers.<\/p>\n<p><strong>THE BIG STORY ABROAD- 12 of the biggest teams in European football gave the rest of <\/strong><strong>the sport the biggest middle finger ever<\/strong>, after announcing late last night that they would form their own breakaway Super League. The move was widely maligned to say the least, and was universally condemned. And word is out that investigations and possible legal actions could be taken. We break all the happenings of this Super League in today\u2019s Sports section below.<\/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<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 TOMORROW-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>Renaissance Capital is holding a virtual conference titled <\/strong><strong><a href=\"https:\/\/events.rencap.com\/esgconference\/\">RenCap ESG \u2013 a New Focus for<\/a><\/strong><strong><a href=\"https:\/\/events.rencap.com\/esgconference\/\">EM<\/a><\/strong><strong> starting tomorrow <\/strong>and running until Thursday<strong>.<\/strong> The conference will include three panel discussions exploring ESGs from the focus of Development Finance institutions, ESGs and the energy transition, as well as a final panel on how to create an ESG equity success story in EMs. Notable speakers include Bertram Dreyer, senior investment manager at DEG-German Investment and Development Corporation, as well as Banji Fehintola, senior director and head of treasury at the Africa Finance Corporation. The panels will all be live streamed on the website.<\/p>\n<p><strong>The Middle East Angel Investment Network is hosting 'Mad Money: Rise of the Funds' <\/strong><strong><a href=\"https:\/\/www.joinclubhouse.com\/event\/Pb4Jq6Lk\">on<\/a><\/strong><strong><a href=\"https:\/\/www.joinclubhouse.com\/event\/Pb4Jq6Lk\"><\/a><\/strong><strong><a href=\"https:\/\/www.joinclubhouse.com\/event\/Pb4Jq6Lk\">Clubhouse<\/a><\/strong><strong> tomorrow at 8pm.<\/strong> The panel discussion will address the recent spike in the number of funds that have been set up to invest in early-stage startups and their impact on the local and regional ecosystem. The panel will be moderated by Sara Gamay, a Cairo Angels board member, and will also include Plus VC\u2019s Hasan Haider, Access Bridge Ventures\u2019 Issa Aghabi, and Cairo Angels board member Nader Aboushadi.<\/p>\n<p><strong>iSheep, take note: 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 goodies. 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>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><strong>SIGN OF THE TIMES- Have an office chat in the virtual Swiss Alps: <\/strong>As lockdown continues in many countries across the globe, developers of coworking tools are turning to VR to create solutions to the loss of contact brought about by WFH, according to <a href=\"https:\/\/www.ft.com\/content\/741302b1-21f1-4d3d-9edb-2d29d71ea4c2\">The Financial Times<\/a>. Applications such as <a href=\"https:\/\/theleadershipnetwork.com\/vr-learning\">Gemba<\/a> have created VR worlds that can be accessed with an Oculus headset, allowing employees to move within a modern office space with huge windows and clear skies, hold a meeting on a virtual tropical island, or meet at the whiteboard to jot down ideas. Other 2D applications such as <a href=\"https:\/\/reslash.co\/\">Reslash<\/a> and <a href=\"https:\/\/www.topia.com\/\">Topia<\/a> do not require headsets, but still allow for a collaborative experience.<\/p>\n<p><strong>The technology aims to allow for \u201cwater cooler moments\u201d and help avoid Zoom fatigue<\/strong>, said Topia Founder Daniel Liebeskind. He stressed that these tools aren\u2019t a substitute for productivity apps such as Slack and Microsoft Teams, but should help foster a friendly work culture and connections with clients from the comfort of your own home. Investing in VR meeting software may also reduce the need for in person meetings and help firms cut down on travel costs and business expenses in the long run.<\/p>\n<p><strong>First Ramadon soap to fall to censors this year? <\/strong>Ramadan series Al Tawoos is currently being investigated over its alleged use of language deemed \u201coffensive to family values,\u201d The Supreme Media Council said in a <a href=\"https:\/\/www.facebook.com\/scmediaeg\/posts\/268194664973787\">statement<\/a> yesterday. The regulatory body added that while it supports freedom of expression, it insists that respecting audiences must remain \u201ca priority for purposeful art.\u201d Al Tawoos stars Gamal Soliman, Samiha Ayoub, Sahar Al Sayegh, and Khaled Eleish and follows a lawyer who investigates a [redacted] case brought forth by a woman. You can check out the trailer here (<a href=\"https:\/\/www.youtube.com\/watch?v=WuqH0dFW6lE\">watch, runtime: 02:02<\/a>).<\/p>\n<p><a href=\"https:\/\/www.reuters.com\/world\/uk\/anger-european-breakaway-threat-re-emerges-hours-before-uefa-vote-2021-04-18\/\"><\/a><\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><strong>Netflix has released a short biopic remembering the late Chadwick Boseman, <\/strong>who gained international popularity after playing the leader of Wakanda in Black Panther. But beyond that role, his career has been built on playing historic and iconic African American figures of history, including <a href=\"https:\/\/www.imdb.com\/title\/tt5301662\/\">Thurgrood Marshall<\/a> (the first African American Supreme Court Justice), <a href=\"https:\/\/www.imdb.com\/title\/tt0453562\/\">Jackie Robinson<\/a> (the first black Major League Baseball player), and <a href=\"https:\/\/www.imdb.com\/title\/tt2473602\/\">James Brown<\/a> (the Godfather of Soul). The documentary brings together actors and directors to discuss what made Boseman one of a kind. Catch <a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81438188\">Chadwick Boseman: Portrait of an Artist<\/a> or check out the trailer (<a href=\"https:\/\/www.youtube.com\/watch?v=7MYzlgRQXBY\">watch, runtime: 01:36<\/a>).<\/p>\n<p>\u26bd <strong>Just one lone match in the English Premier League tonight: <\/strong>Leeds United is playing against Liverpool at 9pm.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><strong>Get your 90s nostalgia fix with a jam session at <\/strong><strong><a href=\"https:\/\/fb.me\/e\/bWF9kW04H\">Dozan<\/a><\/strong> in Downtown Cairo taking place tonight at 10pm.<\/p>\n<p><strong>El Sawy Culturewheel is hosting a play titled <\/strong><strong><a href=\"https:\/\/www.culturewheel.com\/en\/events\/3nADz7ZkN6\">Pianola<\/a><\/strong><strong> tonight at 9pm.<\/strong> The play will be performed by the El Rahala Theatre Troupe and directed by Hossam Ghoneim.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>Whip up your own innovative Ramadan recipes with this newly released <\/strong><strong>cookbook: <\/strong>Featuring 130 recipes, <a href=\"https:\/\/www.amazon.com\/Arabesque-Table-Contemporary-Recipes-World\/dp\/1838662510\">The Arabesque Table<\/a> by Palestinian author Reem Kassis weaves together traditional Arab food with a contemporary international palette. Through her historic approach, Kassis examines the evolution of Arab cuisines through the stories of cross-cultural connection each dish recounts, paying tribute to the histories and journeys of the dishes we know and love today. Look out for creations such as tahini cheesecake and caramelized butternut squash fatteh with za'atar. <a href=\"https:\/\/www.wsj.com\/articles\/dessert-recipes-that-take-arab-traditions-in-new-directions-11618600162\">The Wall Street Journal<\/a> is out with a wonderful feature on the book and its importance beyond good cooking.<\/p>\n<p>? <strong>TOMORROW\u2019S WEATHER- The mercury is finally making its way down tomorrow<\/strong>, falling to 34\u00b0C and relieving us of this horrible heat wave. Look out for possible wind, and break out your jackets once again before nighttime when temperatures fall to 16\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon everyone. And we\u2019re quite relieved that it\u2019s another slow news day \u2014 particularly as the nation reels from another train accident in Qalyubia that left at least 11 dead and 98 injured. With several investigations being launched, we await updates that have yet to emerge as of dispatch time. On a more upbeat [&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":[7098,633,276,76,462,1914,1120,1032,1982,634,1124,8732],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565601","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-africa","tag-enterprisepm","tag-finance-ministry","tag-financial-regulatory-authority","tag-microsoft","tag-nigeria","tag-office-life","tag-ramadan","tag-renaissance-capital","tag-what-were-tracking-tonight","tag-work-from-home","tag-zoom","wpautop","entry"],"acf":{"mongo_id":"3a2bde6b-3a3d-4552-9434-0dce57bc169b","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[565599],"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: Tax AI cop; Fund managers can margin trade; Tomorrow\u2019s conference lineup; Euro betrayal - 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\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TONIGHT: Tax AI cop; Fund managers can margin trade; Tomorrow\u2019s conference lineup; Euro betrayal\" \/>\n<meta property=\"og:description\" content=\"Good afternoon everyone. And we\u2019re quite relieved that it\u2019s another slow news day \u2014 particularly as the nation reels from another train accident in Qalyubia that left at least 11 dead and 98 injured. With several investigations being launched, we await updates that have yet to emerge as of dispatch time. 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Fund managers can margin trade; Tomorrow\u2019s conference lineup; Euro betrayal - 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\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/","og_locale":"en_US","og_type":"article","og_title":"TONIGHT: Tax AI cop; Fund managers can margin trade; Tomorrow\u2019s conference lineup; Euro betrayal","og_description":"Good afternoon everyone. And we\u2019re quite relieved that it\u2019s another slow news day \u2014 particularly as the nation reels from another train accident in Qalyubia that left at least 11 dead and 98 injured. With several investigations being launched, we await updates that have yet to emerge as of dispatch time. On a more upbeat [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-04-19T13:59:04+00:00","og_image":[{"url":"https:\/\/ent.news\/2021\/4\/robocop-1600.jpg","type":"","width":"","height":""}],"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\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/19\/tonight-tax-ai-cop-fund-managers-can-margin-trade-tomorrows-conference-lineup-euro-betrayal\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"TONIGHT: Tax AI cop; 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The full moon will be brighter and larger than you\u2019ve ever seen it. Best viewed at moonrise, says NASA.","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":616031,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/27\/man-city-vs-luton-tonight\/","url_meta":{"origin":565601,"position":2},"title":"Man City vs Luton tonight","author":"enterpriseam admin","date":"27 February 2024","format":false,"excerpt":"\u26bd Al Ahly is ready to make their comeback to the Egyptian Premier League. The Red Devils will be meeting Baladiyat Al Mahalla on the pitch tonight at 7pm for a match that was postponed from round 5 of the league. Al Ahly is currently in 10th place with 14\u2026","rel":"","context":"In &quot;ENTERPRISE RECOMMENDS&quot;","block_context":{"text":"ENTERPRISE RECOMMENDS","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-recommends-2\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":624696,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/17\/could-netflix-make-history-at-the-emmys-tonight\/","url_meta":{"origin":565601,"position":3},"title":"Could Netflix make history at the Emmys tonight?","author":"enterpriseam admin","date":"17 September 2018","format":false,"excerpt":"Could Netflix make history at the Emmys tonight? The 70th annual Primetime Emmy Awards take place overnight tonight, with Netflix looking to set a milestone in the number of wins this year. Netflix is already the content factory with the most nominations at a whopping 112 \u2014 and is likely\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\/9\/2224.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650950,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/pharaohs-clash-with-burkina-faso-in-afcon-semifinal-tonight\/","url_meta":{"origin":565601,"position":4},"title":"Pharaohs clash with Burkina Faso in Afcon semifinal tonight","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"The Pharaohs\u2019 bid for an eighth Africa Cup of Nations crown continues tonight as Egypt goes head to head with Burkina Faso in a semifinal match. The two so-far undefeated teams will clash starting at 9pm CLT; Burkina Faso will have an extra 24 hours of rest over Egypt at\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":652363,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/08\/cold-temps-winds-on-sunday-8-january-2017\/","url_meta":{"origin":565601,"position":5},"title":"Cold temps, winds on Sunday, 8 January 2017","author":"enterpriseam admin","date":"8 January 2017","format":false,"excerpt":"Look for cold temperatures and winds nationwide, with overnight lows tonight in the single digits \u2014 dropping as far as 3-4\u00b0C in Assiut and Sohag, according to Ahram Online. 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