{"id":565989,"date":"2021-05-20T13:43:34","date_gmt":"2021-05-20T13:43:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/"},"modified":"2021-05-20T13:43:34","modified_gmt":"2021-05-20T13:43:34","slug":"tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/","title":{"rendered":"TONIGHT: IDH shares trade; EFG on its way to universal bank; US stocks fall for fourth straight day; BTC under pressure; Friends is back? Iran nuclear accord back on;"},"content":{"rendered":"<p><strong>It\u2019s a big close to the work week<\/strong> as some of the most anticipated business stories of the month come to a head today.<\/p>\n<p><strong>THE BIG STORY TODAY- Integrated Diagnostics Holding (IDH) had its first day of <\/strong><strong>trading on the EGX this morning. <\/strong>The LSE-listed consumer healthcare giant\u2019s shares closed at EGP 18.40 on their first day of trading. Big congratulations to CEO Dr. Hend El Sherbini, CFO Omar Bedewy and Investor Relations Director Nancy Fahmy for a job well done. We have more in this afternoon\u2019s Speed Round, below.<\/p>\n<p><strong>We also have EFG Hermes, which took a big step today to becoming a universal bank<\/strong> by signing the contracts that would see it take a 51% stake in Arab Investment Bank. This would be the first successful privatization of a bank since 2006. More on this, too, in Speed Round (along with a link to our interview with CEO Karim Awad about how he\u2019s led the firm\u2019s transformation).<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>STOP WHAT YOU\u2019RE DOING and watch this before you read any further \u2014 it\u2019s the <\/strong><em>real <\/em><strong>trailer for the Friends reunion special (<\/strong><strong><a href=\"https:\/\/www.youtube.com\/watch?v=HRXVQ77ehRQ\">watch, runtime: 2:10<\/a><\/strong><strong>).<\/strong> As one of us said earlier today: \u201cThey got so old, which means we got so old.\u201d Also: They\u2019re still damn funny. The resident 13-year-old has already circled Thursday, 27 May on her calendar and is desperately trying to figure out how \/ where to watch it when it streams. Our suspicion, given it\u2019s on HBO Max in the US of A, is that it will be on OSN in our neck of the woods.<\/p>\n<p><strong>The reunion will feature all six members of the original cast<\/strong>, but won\u2019t be a new episode of Friends \u2014 it\u2019s a gathering to discuss the filming and production of the sitcom, according to <a href=\"https:\/\/vmagazine.com\/article\/friends-reunion-finally-has-an-air-date\/\">Vulture<\/a>. Look for guest appearances from Tom Selleck, David Beckham, Lady Gaga, BTS, Cara Delevingne, Mindy Kaling, James Corden, Malala Yousafzai (why?) and Justin Bieber (even worse).<\/p>\n<p><strong>** CATCH UP QUICK on the other top stories from today\u2019s EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Semi-lockdown extension: <\/strong>Stores, malls, cafes will have to shutter their doors at 9 pm until at least the end of the month, as per yesterday\u2019s Madbouly <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8cccde8-ccde-47a6-8e76-b86ec514dcd5\">cabinet directive<\/a>. Schools will go into online learning, BUT beaches and parks will be open to the public.<\/li>\n<li><strong>A civil service raise:<\/strong> Cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e7f82a2-3966-456d-964e-aa822efc3046\">greenlit<\/a> bringing the minimum wage increase to EGP 2.4k from EGP 2k for civil servants into effect at the start of the next fiscal year on 1 July. There\u2019s still no word on a corresponding minimum wage for the private sector.<\/li>\n<li><strong>Charter tourists must start paying for visas:<\/strong> Tourists entering the Red Sea, South Sinai, Luxor and Aswan governorates <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5c7e6174-3919-4967-9ae8-c24fa6817eec\">will now pay<\/a> visa fees of USD 25 per person as of 1 May, after a Tourism Ministry initiative waiving entry fees expired.<\/li>\n<\/ul>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>HAPPENING NOW- Stocks aren\u2019t melting down <\/strong><strong>in Europe <\/strong>(major indexes from Paris and Frankfurt to Blighty are in solidly in the green) <strong>but it looks like it could be another rough day on Wall Street<\/strong>, which is girding itself for a fourth day of losses ahead of weekly jobless claims data due out later today, according to the <a href=\"https:\/\/www.wsj.com\/articles\/global-stock-markets-dow-update-05-20-2021-11621496568?mod=hp_lead_pos1\">Wall Street Journal<\/a>. The Nasdaq and the S&P are poised to fall back from record highs as investors continue to fret that rising inflation will prompt the Fed to start thinking of tapering down bond-buying programs that have supported ultra-easy monetary policy and propped up stocks.<\/p>\n<p><strong>THE BIG STORY ABROAD- A ceasefire to end Israel\u2019s attacks on Gaza could be <\/strong><strong>announced in less than 24 hours<\/strong>, Hamas officials <a href=\"https:\/\/edition.cnn.com\/2021\/05\/19\/middleeast\/israel-palestinian-conflict-wednesday-intl\/index.html\">told CNN<\/a> this morning. World leaders have been stepping up pressure to end the fighting as concerns grow over the gross humanitarian situation, but Israel hasn\u2019t yet committed to formal truce. Prime Minister Benjamin Netanyahu yesterday saying he is \u201cdetermined to continue this operation until its objective is achieved\u201d even after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fd95daa8-b696-4028-b8f3-f4854c36a489\">he was urged<\/a> by US President Joe Biden to seek a \u201csignificant de-escalation.\u201d Egypt is at the forefront of the push for a ceasefire.<\/p>\n<p><strong>Meanwhile, the European Union thinks Iran and the US may be close to reviving the 2015 nuclear <\/strong><strong>accord<\/strong>, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-19\/eu-says-confident-deal-to-revive-iran-nuclear-pact-is-close?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg writes<\/a>, citing a top EU official. A fourth round of talks between China, EU, Russia and the US came to a close yesterday in Vienna in a bid to lift Trump-era sanctions on Iran from 2018 \u2014 and it seems that all stakeholders are upbeat about reaching an accord.<\/p>\n<p><strong>Vaccinated folk, you may enter the EU next week: <\/strong>The European Union is reopening its borders to fully vaccinated tourists starting next week, as long as they passed their two-week immunization period and the jab they\u2019ve taken is approved for use in the EU, <a href=\"https:\/\/www.nytimes.com\/2021\/05\/19\/world\/europe\/travel-vaccine.html\">the New York Times writes<\/a>. EU-approved vaccines include AstraZeneca, Johnson & Johnson, Moderna, Pfizer \/ BioNTech and Sinopharm. Those without jabs may only enter if they come from a country that is considered \u201csafe\u201d from a covid perspective \u2014 a list of which will be finalized on Friday. We\u2019re not holding our collective breath for Egypt to be included on it. Hopeful? Yes. Holding our breath? No.<\/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>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/psaworldtour.com\/tournaments\/view\/10913\">El Gouna International Squash Open 2021<\/a><\/strong><strong> kicks off today <\/strong>and runs through 28 May. Fans will be allowed to enter the stands, with the first few match days without charge and tickets to be sold for the semis and finals. You can also watch the matches live on <a href=\"https:\/\/www.youtube.com\/user\/psasquashtv\">PSA Squash YouTube page<\/a>. The event is supported by our good friends at CIB.<\/p>\n<p><strong>Can\u2019t get enough of Egypt\u2019s favourite racquet sport? <\/strong>The <a href=\"https:\/\/psaworldtour.com\/tournaments\/view\/11445?tab=about\">CIB PSA World Tour Finals<\/a> will run on 22-27 June in Cairo.<\/p>\n<p><strong>Bibliotheca <\/strong><strong>Alexandria<\/strong><strong> is organizing a <\/strong><strong><a href=\"https:\/\/www.bibalex.org\/en\/news\/details?documentid=40201&\">webinar<\/a><\/strong><strong> to discuss safekeeping artifacts and <\/strong><strong>heritage on Thursday, 27 May.<\/strong> Headlined \u201cFighting treasure hunting from Africa for the Americas: Protecting the history of the drowning world,\u201d it will feature University of Edinburgh\u2019s Arturo Rey da Silva. You can tune in live at 2:30pm from the Alexandria Center for Hellenistic Studies\u2019 <a href=\"https:\/\/www.facebook.com\/Achs.bibalex.org\">Facebook page<\/a>.<\/p>\n<p>? <strong>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><strong>From the dumpster fire that is our social media feed:<\/strong><\/p>\n<ul>\n<li><strong>Veteran CNN correspondent Ben Wedeman<\/strong> (a longtime resident of Cairo before his relocation to Jerusalem and one of life\u2019s good guys) <strong><a href=\"https:\/\/twitter.com\/abarnardnyt\/status\/1394811346764582921\">keeps calm and carries on<\/a><\/strong> while being man-handled by Israeli troops.<\/li>\n<li><strong>UFO mania is once again sweeping the US of A<\/strong>, with <a href=\"https:\/\/twitter.com\/60Minutes\/status\/1394070902237769728\">60 Minutes<\/a> (normally a pretty damn reputable outfit) being the latest to fall for the tale of an <a href=\"https:\/\/twitter.com\/keithkloor\/status\/1394636215304036355\">\u201cintelligence officer\u201d<\/a> who probably never ran the classified US government program he claims to have run. <a href=\"https:\/\/twitter.com\/keithkloor\/status\/1394636215304036355\">Science journos<\/a> and <a href=\"https:\/\/t.co\/0xN5Sfqc0w?amp=1\">real life astrophysicists<\/a> are skeptical where <a href=\"https:\/\/twitter.com\/chrislhayes\/status\/1394764297880879109\">mainstream news anchors<\/a> are not. Y\u2019all can go home to Q now.<\/li>\n<li><strong><a href=\"https:\/\/twitter.com\/misspiggy\/status\/1394789906312990721?s=12\">Miss Piggy<\/a><\/strong><strong> is not alone in mourning the passing of actor Charles Grodin<\/strong>, who the resident 13-year-old recalls fondly from his turn in the Beethoven franchise. <a href=\"https:\/\/www.nytimes.com\/2021\/05\/18\/movies\/charles-grodin-dead.html\">Obit here in the NYT.<\/a><\/li>\n<\/ul>\n<p><strong>For our fellow iSheep: Reviewers love the new iPad Pros and iMacs with M1 <\/strong><strong>processors. <\/strong>We suggest you start with Marques Brownlee (<a href=\"https:\/\/www.youtube.com\/watch?v=eY9dXcjkVx8\">watch, runtime: 16:16<\/a>) or Rene Ritchie (<a href=\"https:\/\/www.youtube.com\/watch?v=P0VOnrjxkRM\">watch, runtime: 12:45<\/a>) on the iPad Pro or catch <a href=\"https:\/\/daringfireball.net\/2021\/05\/the_24_inch_m1_imac\">John Gruber over at Daring Fireball<\/a> on the iMac. Couple their reactions with Bloomberg\u2019s report that we can expect a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-18\/apple-readies-macbook-pro-macbook-air-revamps-with-faster-chips?sref=mmeFTDW1\">big overhaul<\/a> of the MacBook Air, MacBook Pro and Mac Pro this year alongside a <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-04-22\/apple-plans-notifications-ipad-home-screen-upgrades-for-ios-15?sref=mmeFTDW1\">more powerful iPadOS 15<\/a> and we\u2019re really looking forward to WWDC, which is rumored to be ready to run the first week of June. We agree with Gruber (and Brownlee and Ritchie) that iPadOS just isn\u2019t powerful enough to take full advantage of the hardware packed into an iPad Pro \u2026 but that\u2019s not stopping us from putting together this afternoon\u2019s edition of Enterprise on one.<\/p>\n<p><strong>Bonus: <\/strong>Prolific leaker Jon Prosser saus the Apple Watch will get its <a href=\"https:\/\/www.macrumors.com\/2021\/05\/19\/prosser-apple-watch-series-7-design\/\">first major redesign<\/a> soon.<\/p>\n<p><strong>Not enough Apple for you? Check out this ridiculously cool video <\/strong>of a new software upgrade that allows <strong><a href=\"https:\/\/www.apple.com\/newsroom\/2021\/05\/apple-previews-powerful-software-updates-designed-for-people-with-disabilities\/\">one-handed people to still interact with an Apple Watch<\/a><\/strong>. The video (scroll down a bit) is just fantastic.<\/p>\n<hr class=\"grey-line\">\n<p><strong>What\u2019s next for BTC?<\/strong> The two leading cryptocurrencies, Bitcoin and Ether, remain under pressure after yesterday\u2019s slump, which saw them plummet over 30% in a single day, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-05-20\/crypto-recipe-for-disaster-keeps-bitcoin-ether-under-pressure?sref=mmeFTDW1\">Bloomberg<\/a>. This morning, the tokens saw another day of volatility, slipping back to weekly lows in Asian trading before rebounding later in the day. While Elon\u2019s comments on mining\u2019s energy needs and China\u2019s central bank reiterating the coins can\u2019t be used for payments triggered the downturn, the extent of the tumult can only be fully explained if we factor in market behavior, with a fierce sell-off being a catalyst for a full-scale \u201cdisaster,\u201d on market watcher. Still, crypto \u201clikely has more boom to come in the years ahead,\u201d especially as <strong>only 2% of us use the coins at present, the same proportion of people who used the internet in 1996<\/strong> before that interweb thing took off.<\/p>\n<p><strong>Get out of jail card? <\/strong>US companies want South Korea to release Samsung boos Lee Jae-yong from prison to <strong>help the world get over a chip shortage<\/strong> that\u2019s hitting everything from computers and cameras to cars and washing machines, according to a letter seen by the <a href=\"https:\/\/www.ft.com\/content\/26d77bfe-b55a-4edb-bc57-7370b6c6a670\">Financial Times<\/a>. A number of major tech firms are arguing that Lee could assist in US President Joe Biden\u2019s USD 50 bn plan to resurrect the country\u2019s self-sufficiency in chips, with the American Chamber of Commerce in Korea saying a \u201cpardon of the most important executive of Samsung is in the best economic interest of both the US and Korea.\u201d Lee is currently serving an 18-month sentence for bribery.<\/p>\n<p><strong>Internet Explorer is finally being laid to rest<\/strong>, with Microsoft announcing that the browser will be retired in June 2022 to focus on Microsoft Edge, according to a <a href=\"https:\/\/blogs.windows.com\/windowsexperience\/2021\/05\/19\/the-future-of-internet-explorer-on-windows-10-is-in-microsoft-edge\/\">Windows blog post<\/a>. While Windows 10 will still include Internet Explorer next year, all consumer versions will end support of the browser. <strong>Maybe now y\u2019all will consider asking your IT department to stop demanding we support IE7? <\/strong><\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><strong>Arnold Schwarzenegger\u2019s 2014 action fest <\/strong><strong><a href=\"https:\/\/www.imdb.com\/title\/tt1742334\/\">Sabotage<\/a><\/strong><strong> is out on Netflix.<\/strong> A combination of realism and old-fashioned cop movie staples, the film tops many action films with a great storyline and well-rounded characters. Director David Ayer has created a career of showing the dark side of law enforcement in his flicks and this film is no exception. The former Governator leads a DEA team that manages to go up against a major cartel. However, after seized cartel funds go missing, the DEA goes under investigation and one by one the team members end up dead \u2014 possibly by one of their own.<\/p>\n<p>\u26bd <strong>El <\/strong><strong>Zamalek <\/strong><strong>is playing against Al Gaish tonight at 7pm in the Egyptian Premier <\/strong><strong>League. <\/strong>El Gouna and Ghazl El Mahalla have a match at the same time, while later Al Masry and Al Ittihad will hit the field at 9pm.<\/p>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>Australia\u2019s <\/strong><strong><a href=\"https:\/\/www.facebook.com\/jonesthegroceregypt\/\">Jones The Grocer<\/a><\/strong><strong> has made its way to Egypt<\/strong>, opening branches in New Cairo\u2019s O1 Mall and Sheikh Zayed\u2019s Galleria 40. The market and casual dining joint has also opened in Saudi Arabia as part of its plan to open 200 new stores globally in the next five years, according to <a href=\"https:\/\/www.thenationalnews.com\/lifestyle\/food\/jones-the-grocer-is-opening-its-first-branches-in-egypt-and-saudi-arabia-1.1225697\">The National<\/a>. Pass by Jones The Grocer to get a selection of their gourmet cheeses, breads, or a cup of coffee from their famous carts. You could also sit down and order food from their cafe, which boasts some of the best and juiciest burgers and steaks we\u2019ve ever had. Overall, the new addition to Egypt\u2019s culinary scene is worth a drop by to get a taste of the new era of grocery shopping.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>As most of our life remains online, it might be time to learn new body language <\/strong><strong>techniques. <\/strong>Communication guru Erica Dhawan came up with just that in <a href=\"https:\/\/www.amazon.com\/Digital-Body-Language-Connection-Distance-ebook\/dp\/B08FZBJ5TM\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">Digital Body Language<\/a>, creating a guide to turn daily misunderstandings into comprehensible conversation that allows you to express yourself. Reading is the new listening and writing is the new empathy, Dhawan writes, and it\u2019s these absurd new communication methods that we now rely on that necessitated a change in behavior. From large conferences, video meetings, and daily emails, the book explores the body language needed to build trust and understanding with other people in our digital world.<\/p>\n<hr class=\"grey-line\">\n<p>? <strong>TOMORROW\u2019S WEATHER- We\u2019re in for cooler temperatures starting Saturday.<\/strong> Tomorrow will see the mercury hit 38\u00b0C before dropping to 32\u00b0C and 33\u00b0C on Saturday and Sunday. Temperatures will stay in the mid-30s into half of next workweek.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s a big close to the work week as some of the most anticipated business stories of the month come to a head today. THE BIG STORY TODAY- Integrated Diagnostics Holding (IDH) had its first day of trading on the EGX this morning. The LSE-listed consumer healthcare giant\u2019s shares closed at EGP 18.40 on their [&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":[633,577,645,414,117,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-565989","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-samsung","tag-semiconductors","tag-south-korea","tag-us","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"f72cf7f6-8fa5-457c-9391-8a05c5c39822","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[565987],"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: IDH shares trade; EFG on its way to universal bank; US stocks fall for fourth straight day; BTC under pressure; Friends is back? Iran nuclear accord back on; - 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\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TONIGHT: IDH shares trade; EFG on its way to universal bank; US stocks fall for fourth straight day; BTC under pressure; Friends is back? Iran nuclear accord back on;\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a big close to the work week as some of the most anticipated business stories of the month come to a head today. THE BIG STORY TODAY- Integrated Diagnostics Holding (IDH) had its first day of trading on the EGX this morning. The LSE-listed consumer healthcare giant\u2019s shares closed at EGP 18.40 on their [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-20T13:43:34+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=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/tonight-idh-shares-trade-efg-on-its-way-to-universal-bank-us-stocks-fall-for-fourth-straight-day-btc-under-pressure-friends-is-back-iran-nuclear-accord-back-on\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"TONIGHT: IDH shares trade; EFG on its way to universal bank; US stocks fall for fourth straight day; BTC under pressure; Friends is back? 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THE BIG STORY TODAY- EFG Hermes is now officially a universal bank: Our friends at EFG Hermes informed shareholders today that the firm has finalized its acquisition of a 51% stake in the Arab\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":587375,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/25\/this-evening-el-sisi-inaugurates-our-first-quartz-industrial-complex-efg-hermes-holding-is-now-efg-holding\/","url_meta":{"origin":565989,"position":2},"title":"THIS EVENING: El Sisi inaugurates our first quartz industrial complex + EFG Hermes Holding is now EFG Holding","author":"enterpriseam admin","date":"25 May 2023","format":false,"excerpt":"Rejoice, friends: It\u2019s finally the weekend. 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FRET NOT- Suez Canal traffic returns to normal after a stranded ship was successfully refloated: Three tugboats refloated a large vessel that had been stranded for several\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\/2023\/3\/118.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565991,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/20\/idh-comes-home-to-make-its-egx-debut\/","url_meta":{"origin":565989,"position":3},"title":"IDH comes home to make its EGX debut","author":"enterpriseam admin","date":"20 May 2021","format":false,"excerpt":"Trading of LSE-listed Integrated Diagnostics Holding\u2019s (IDH) shares on the EGX began today as the consumer healthcare giant with operations here, in Jordan, Nigeria and Sudan looks to make itself more accessible to domestic investors. Shares are trading here under the ticker IDHC. The listing comes one day after IDH\u2026","rel":"","context":"In &quot;SPEED ROUND: CAPITAL MARKETS&quot;","block_context":{"text":"SPEED ROUND: CAPITAL MARKETS","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/406.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":564401,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/30\/tonight-cbe-backs-aib-acquisition-dubai-could-be-the-mena-crypto-capital-also-watch-hacks-tonight-and-eat-at-kazoku\/","url_meta":{"origin":565989,"position":4},"title":"TONIGHT: CBE backs AIB acquisition + Dubai could be the MENA crypto capital. 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THE BIG STORIES TODAY which we\u2019ll cover in greater detail in EnterpriseAM:#1 CBE gives final thumbs up to Arab Investment\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":544097,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/09\/tonight-fab-makes-a-play-for-efg-hermes-amendments-to-the-old-rent-law-and-real-estate-registry-act-are-up-in-parliament\/","url_meta":{"origin":565989,"position":5},"title":"TONIGHT: FAB makes a play for EFG Hermes + amendments to the Old Rent Law and Real Estate Registry Act are up in parliament","author":"enterpriseam admin","date":"9 February 2022","format":false,"excerpt":"Good afternoon, wonderful people. 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