{"id":566777,"date":"2021-07-13T14:05:32","date_gmt":"2021-07-13T14:05:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/tonight-astrazeneca-jab-wont-let-you-into-europe-egypts-tax-authority-rolls-out-invoicing-app\/"},"modified":"2021-07-13T14:05:32","modified_gmt":"2021-07-13T14:05:32","slug":"tonight-astrazeneca-jab-wont-let-you-into-europe-egypts-tax-authority-rolls-out-invoicing-app","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/tonight-astrazeneca-jab-wont-let-you-into-europe-egypts-tax-authority-rolls-out-invoicing-app\/","title":{"rendered":"TONIGHT: AstraZeneca jab won\u2019t let you into Europe. + Egypt\u2019s Tax Authority rolls out invoicing app."},"content":{"rendered":"<p><strong>Good afternoon, wonderful people, and welcome to another very brisk afternoon. <\/strong>The Sisi administration dominates today\u2019s news cycle with word of a new EGP 100 bn mortgage finance initiative for low- and middle-income earners and new ESG reporting requirements for all EGX-listed companies as well as most providers of non-bank financial services. We have chapter and verse in this afternoon\u2019s Speed Round, below.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-05\"><\/a> <strong>HAPPENING NOW- Remember that <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99a6ca73-945a-43a8-9bb3-70e01e484a6c\">new requirement that all invoices be logged with the<\/a><\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/99a6ca73-945a-43a8-9bb3-70e01e484a6c\">Tax Authority<\/a><\/strong><strong>? It\u2019s real<\/strong>, and companies can now issue invoices through an app rolled out by the Egyptian Tax Authority, according to a <a href=\"https:\/\/ent.news\/2021\/7\/Egyptian-einvoicing-app-PR.pdf\">press release (pdf)<\/a>. Companies registered with the electronic invoice system can use the app to send invoices in real time to the authority with an approved e-signature and receive notifications with updates on the status of the invoice. The application, called Egyptian eInvoicing, is available on the <a href=\"https:\/\/apps.apple.com\/eg\/app\/egyptian-einvoicing\/id1570029377\">iOS App Store<\/a> and <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=eg.gov.eta.einvoicing\">Google Play App Store<\/a>, with more options currently available for Android operating systems.<\/p>\n<p><strong>Egyptians stranded in the UAE have until Thursday, 15 July, to register their data with the <\/strong><strong>Immigration Ministry to return to Cairo<\/strong> via Emirati carrier FlyDubai, Minister Nabila Makram said in <a href=\"https:\/\/www.facebook.com\/1524906604496888\/posts\/3107645312889668\/?d=n\">a statement<\/a>. The ministry is coordinating with as many as 38 travel agencies to repatriate people and change the route of their round-trips to Dubai-Cairo rather than from Saudi Arabia, which suspended flights with the UAE last week, with no timeframe in sight for the lifting of restrictions. As of last Wednesday, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb6bee75-b10a-48b9-9684-aa5e2deb01de\">some 1.26k Egyptians had asked to return home<\/a>. Stuck in the UAE? <a href=\"https:\/\/bit.ly\/3i3HkgW\">You can register here<\/a>.<\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>Tobacco license tender <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58e0ff61-73f6-4b98-9954-bb740998c8bd\">goes live in August<\/a><\/strong><strong>:<\/strong> Players will be able to bid to establish Egypt\u2019s second major tobacco company in the second iteration of a tender that was pulled earlier this year over accusations of unfair terms.<\/li>\n<li><strong>USD 494 arbitration ruling against Damietta Port Authority <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c9c41955-7271-4427-bf9e-494acd85cc30\">overturned<\/a><\/strong><strong>: <\/strong>An ICC ruling had stipulated the payment as compensation to the Damietta International Ports Company in a dispute over the termination of a contract to construct a container terminal at Damietta Port.<\/li>\n<li><strong>MPs <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8a20e66d-13a3-4e21-bf2b-243a698831f3\">authorize<\/a><\/strong><strong> President Abdel Fattah El <\/strong><strong>Sisi<\/strong><strong> to do whatever it takes to solve GERD:<\/strong> The mandate appears to allow the presidency to take any measure he chooses \u2014 up to and including military action \u2014 to mitigate the dam\u2019s threat to Egypt\u2019s water supply. <\/li>\n<\/ul>\n<p><strong>THE BIG STORY ABROAD-<\/strong> The crawler on <a href=\"https:\/\/www.cnbc.com\/2021\/07\/12\/stock-futures-mostly-flat-ahead-of-bank-earnings.html\">CNBC<\/a> says it all: \u201cstock futures fall as <strong>hot <\/strong><strong>inflation report overshadows better-than-expected earnings results<\/strong>.\u201d <a href=\"https:\/\/www.reuters.com\/business\/finance\/jpmorgan-profit-surges-investment-banking-boost-2021-07-13\/\">JPMorgan<\/a> and <a href=\"https:\/\/www.ft.com\/content\/ded77c47-ce4b-4a33-89c1-2e4ea18cf094\">Goldman Sachs<\/a> are <a href=\"https:\/\/www.reuters.com\/business\/finance\/jpmorgan-profit-surges-investment-banking-boost-2021-07-13\/\">making bank<\/a>, but the United States saw consumer prices jump sharply in June, according to new data that has the <a href=\"https:\/\/www.wsj.com\/articles\/us-inflation-consumer-price-index-june-2021-11626125947?mod=hp_lead_pos1\">WSJ<\/a> warning that \u201ceconomists expect a prolonged increase in inflation, as expansion accelerates amid pandemic-related supply-and-demand imbalances.\u201d<\/p>\n<p><strong>But the White House isn\u2019t sure we should all be freaking out<\/strong>, with the Biden administration\u2019s Council of Economic Advisors writing in a blog post that \u201cthe inflationary period after World War II is likely a better comparison for the current economic situation than the 1970s and suggests that <strong>inflation could quickly decline once supply chains are fully online and pent-up demand levels off<\/strong>.\u201d <a href=\"https:\/\/www.whitehouse.gov\/cea\/blog\/2021\/07\/06\/historical-parallels-to-todays-inflationary-episode\/?utm_source=pocket_mylist\">Read the full post here<\/a>.<\/p>\n<p><strong>YOUR MANDATORY COVID STORY- Your <\/strong><strong>AstraZeneca<\/strong><strong> jab isn\u2019t going to get you into <\/strong><strong>Europe: <\/strong>The European Union (EU) isn\u2019t recognizing India-manufactured AstraZeneca vaccines \u2014 the ones being administered in Egypt as part of the Gavi\/Covax initiative, according to the <a href=\"https:\/\/apnews.com\/article\/europe-business-lifestyle-health-travel-f678a53270470d9b35ce6259e48548bf\">Associated Press<\/a>. The EU says that the pharma company hasn\u2019t completed the necessary paperwork on its Indian factory, including details on production practices and quality control standards. The EU\u2019s stance <a href=\"https:\/\/www.who.int\/news\/item\/01-07-2021-joint-covax-statement-on-the-equal-recognition-of-vaccines\">has been called discriminatory<\/a> by the World Health Organization, which approved the vaccine after a visit to the Serum Institute of India factory. Meanwhile, AstraZeneca shots produced in Europe have been greenlit for EU residents wishing to travel throughout the bloc.<\/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 TOMORROW- The EGX will hold its <\/strong><strong><a href=\"https:\/\/ent.news\/2021\/7\/EGX-board-elections.jpg\">board elections for the 2021-2025 term<\/a><\/strong>. Here\u2019s <a href=\"https:\/\/ent.news\/2021\/7\/press_release_12-7_english.pdf\">a rundown (pdf)<\/a> of the candidates vying to fill board positions, updated yesterday after Porto Group Chairman Gamal Fathallah withdrew from the race.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>You have two more days to visit the Cairo International Book Fair <\/strong>at the Egypt International Exhibition Center. The event will run through 15 July and the fair\u2019s committee has <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/2373698\">now allowed<\/a> the exhibition ground to operate at 70% capacity.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.cebcmena.com\/\">Clean Energy Business Council<\/a><\/strong><strong>\u2019s webinar <\/strong><strong><a href=\"https:\/\/www.eventbrite.ca\/e\/joint-event-wire-clean-energy-business-council-mena-tickets-157709897549\">Women Entrepreneurs in Canada and the<\/a><\/strong><strong><a href=\"https:\/\/www.eventbrite.ca\/e\/joint-event-wire-clean-energy-business-council-mena-tickets-157709897549\">Middle East<\/a><\/strong><strong> is taking place on <\/strong><strong>28 <\/strong><strong>July at 3pm<\/strong>, showcasing female entrepreneurs working in climate tech in the two regions, and highlighting the challenges they face.<\/p>\n<p>? <strong>FOR YOUR COMMUTE-<\/strong><\/p>\n<p><strong>YouTube Shorts has landed in Egypt<\/strong>, with the new short-form video experience allowing mobile creators to edit short videos on their phones, according to a <a href=\"https:\/\/ent.news\/2021\/7\/YouTube-Shorts-PRL-Eng-.pdf\">press release (pdf)<\/a><sup><\/sup>. Shorts\u2019 creation tools include a multi-segment camera, music recording, the ability to add text, and automatically-added captions. The feature, which can be accessed within YouTube\u2019s app, was rolled out in September 2020 and is already available in 26 countries. The new expansion, which includes MENA, will see Shorts brought to 100 countries worldwide.<\/p>\n<p><strong>Want to buy a ticket to the space station? <\/strong><strong><a href=\"https:\/\/www.virgingalactic.com\/\">Virgin Galactic<\/a><\/strong><strong> says soon you can:<\/strong> Following bn'aire <a href=\"https:\/\/www.ft.com\/content\/bf3130f4-5f62-4f9d-941a-d1db98dc0233\">Richard Branson\u2019s successful test flight<\/a> to the edge of space at the weekend, his company plans to kick off its very own commercial ticketed space-tourism trips in 2022, <a href=\"https:\/\/www.ft.com\/content\/0d9c9174-9374-4c48-a25b-3ae7dd6764b3\">the Financial Times<\/a> reports. The company is aiming to make available around 400 flights a year at every spaceport. More than 600 people have already paid up to USD 130k apiece for tickets, while another 1k have each put down a USD 1k deposit to join the line when sales open. <strong>Also vying for a slice of the space tourism market:<\/strong> <a href=\"https:\/\/www.ft.com\/content\/61c46b8e-002f-4bae-b64f-0bb3632964cb\">Jeff Bezos has also planned a trip to space<\/a> with his Blue Origin spacecraft, while <a href=\"https:\/\/www.cnbc.com\/2020\/02\/18\/spacex-will-fly-4-space-tourists-on-crew-dragon-to-orbit.html\">Elon Musk\u2019s SpaceX plans<\/a> to send four passengers on a three-day orbit around earth.<\/p>\n<p><strong>Google is being asked to cough up USD 593 mn in fines<\/strong> after violating a French antitrust order to fairly compensate publishers for showing their news content on Google News, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-07-13\/google-said-to-be-fined-593-million-by-french-antitrust-agency?srnd=premium-middle-east\">Bloomberg<\/a> reports. This comes after the company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f6d5d5c0-4d02-4b0c-93c6-252c92705004\">earlier this year<\/a> paid a USD 270 mn settlement fee to French regulators in an antitrust case that alleged the tech company had abused its leading role in the digital advertising sector, as well as an ongoing antitrust probe in Germany.<\/p>\n<p><strong>? <\/strong><strong>ON THE TUBE TONIGHT-<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.netflix.com\/eg-en\/title\/81002747\">Spider-Man: Into the Spider-Verse<\/a><\/strong><strong> is now on Netflix.<\/strong> The multidimensional storyline and ingenious visuals saw the animated film reel in the Best Animated Feature award at the <a href=\"https:\/\/variety.com\/2019\/film\/news\/spider-man-into-the-spider-verse-wins-oscar-best-animated-film-1203145826\/\">Oscars<\/a> and <a href=\"https:\/\/www.goldenglobes.com\/film\/spider-man-spider-verse\">Golden Globes<\/a> in 2019. The film begins with teenager Miles Morales developing mysterious powers after being bitten by a spider. Morales soon realizes that there are others who share his special, high-flying talents from across many dimensions and the original Spider-Man, Peter Parker, takes him under his wing. The team of Spider-men and spider-women team up to defeat Kingpin, a hulking villain who can open portals to other universes.<\/p>\n<p>\u26bd <strong>When are the international leagues coming back? <\/strong><\/p>\n<ul>\n<li><strong>Ligue 1<\/strong> will be the first to kick off, starting on 8 August.<\/li>\n<li>The new <strong>Bundesliga<\/strong> season will commence on 13 August.<\/li>\n<li><strong>La Liga<\/strong> will also be back on screens on 13 August.<\/li>\n<li>The <strong>English Premier League<\/strong>\u2019s new season will begin on 12 September.<\/li>\n<li><strong>Serie A<\/strong> will be back on 19 September.<\/li>\n<\/ul>\n<p><strong>? EAT THIS TONIGHT- <\/strong><\/p>\n<p><strong>By far the best desserts we\u2019ve ever had: <\/strong>This imposingly yellow shop on Road 261 in Maadi is a sweet-lover\u2019s best-kept secret. Run by two bubbly sisters, Hagar and Hoda, <a href=\"https:\/\/www.instagram.com\/conitta_eg\/?utm_medium=copy_link\">Conitta<\/a> had us drooling in front of their elaborate displays. Their specialties are their homemade colorful stuffed cones that you can fill with anything from Nutella and Lotus spread to white chocolate or sweet potato. To top it off, add some of their delicious soft serve. Conitta also makes a range of other desserts including oozing and gooey brownies in a variety of flavors, molten cakes, and our personal favorite, their truffle cookies which we found positively exquisite. <strong>Don\u2019t leave without trying out their cinnamon butter truffle cookie <\/strong>\u2014 it will be nothing short of life-changing.<\/p>\n<p>?<strong> OUT AND ABOUT-<\/strong><\/p>\n<p><strong>Maadi\u2019s Arcade Gallery is inaugurating a new month-long exhibition <\/strong>titled <a href=\"https:\/\/www.facebook.com\/events\/s\/blue-art-exhibition\/797400917633012\/\">Blue<\/a> tonight at 7pm.<\/p>\n<p><strong>Watch the rare conjunction of Venus and Mars tonight <\/strong>at a 7:30 pm event called <a href=\"https:\/\/www.facebook.com\/events\/s\/space1\/915265142355993\/\">Space1<\/a> in Sheikh Zayed, featuring professional astronomers and equipment. Space1 will kick off at 7:30.<\/p>\n<p><strong>? UNDER THE LAMPLIGHT-<\/strong><\/p>\n<p><strong>Combining science fiction, mythology, and techno-thriller, <\/strong><strong><a href=\"https:\/\/www.amazon.com\/Appleseed-Novel-Matt-Bell-ebook\/dp\/B08L3P3VGQ\/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=\">Appleseed<\/a><\/strong><strong> by Matt Bell <\/strong><strong>is a one of a kind reading experience. <\/strong>The book weaves together three stories from different centuries and civilizations with one common denominator: climate change is ravaging the Earth and someone must combat it. In the eighteenth century, two brothers with a tense relationship trek across the land planting apple trees to profit off of in the next few years, but end up remaking the wilderness in an unsustainable way. Meanwhile, 50 years into the future, one genetic engineering and food science company now owns all the world\u2019s resources, but its founder has decided to undo his own work for the sake of humanity. Even farther down the line, 1k years in the future, North America is covered by a massive sheet of ice and a survivor tries to find any remnants of human life. The <a href=\"https:\/\/www.lareviewofbooks.org\/article\/the-problem-belongs-to-every-last-person-on-matt-bells-appleseed\/\">Los Angeles Review of Books<\/a> are out with a great piece on Bell\u2019s novel.<\/p>\n<hr class=\"grey-line\">\n<p>\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER- We spoke too soon about 40\u00b0C weather\u2026 <\/strong>Tomorrow is the last day of 40\u00b0C, before the mercury goes up to 42\u00b0C and 44\u00b0C on Thursday and Friday, according to our favorite weather app. Meanwhile, <strong>Sahel is for 33\u00b0C weather tomorrow<\/strong>, with temperatures expected to stay in that range throughout the rest of the week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, wonderful people, and welcome to another very brisk afternoon. The Sisi administration dominates today\u2019s news cycle with word of a new EGP 100 bn mortgage finance initiative for low- and middle-income earners and new ESG reporting requirements for all EGX-listed companies as well as most providers of non-bank financial services. We have chapter [&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":[114,107,679,633,7192,634,406],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566777","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-astrazeneca","tag-covid-19","tag-egyptian-tax-authority","tag-enterprisepm","tag-eu","tag-what-were-tracking-tonight","tag-world-health-organization","wpautop","entry"],"acf":{"mongo_id":"8a6386fd-e893-46ee-b314-33e5bdae25e7","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[566775],"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: AstraZeneca jab won\u2019t let you into Europe. + Egypt\u2019s Tax Authority rolls out invoicing app. - 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\/07\/13\/tonight-astrazeneca-jab-wont-let-you-into-europe-egypts-tax-authority-rolls-out-invoicing-app\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TONIGHT: AstraZeneca jab won\u2019t let you into Europe. + Egypt\u2019s Tax Authority rolls out invoicing app.\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, wonderful people, and welcome to another very brisk afternoon. The Sisi administration dominates today\u2019s news cycle with word of a new EGP 100 bn mortgage finance initiative for low- and middle-income earners and new ESG reporting requirements for all EGX-listed companies as well as most providers of non-bank financial services. 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