{"id":567888,"date":"2020-12-10T04:11:49","date_gmt":"2020-12-10T04:11:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/what-were-tracking-on-10-december-2020\/"},"modified":"2020-12-10T04:11:49","modified_gmt":"2020-12-10T04:11:49","slug":"what-were-tracking-on-10-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/10\/what-were-tracking-on-10-december-2020\/","title":{"rendered":"What we\u2019re tracking on 10 December 2020"},"content":{"rendered":"

Good morning, friends. <\/strong>We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count.<\/p>\n

*** We\u2019re a bit late this morning because one of our cloud services is glitching this <\/strong>morning.<\/strong> We\u2019ve addressed most of the problem, but you may have intermittent issues seeing images in the email edition. We\u2019re sorry for the inconvenience, folks, and will take steps to make sure it doesn\u2019t happen again.<\/p>\n

The big news globally this morning: Facebook is an illegal monopoly <\/strong>that has used a \u201cbuy or bury\u201d strategy to crush its rivals, according to lawsuits filed by the US Federal Trade Commission and nearly every state in the union. El Face could be forced to sell instagram and WhatsApp<\/strong>, its prized possessions. \u201cFor nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals, snuff out competition, all at the expense of everyday users,\u201d the New York\u2019s Attorney General said on behalf of the coalition.<\/p>\n

The story dominates front pages in the business press on just about every continent. <\/strong>You\u2019ll want to check out the NYT<\/a>, the Wall Street Journal<\/a>, Financial Times<\/a> and Reuters<\/a> to get oriented and go a bit deeper.<\/p>\n

Big tech IPOs are also making headlines: <\/strong>Delivery outfit DoorDash shares popped 92%<\/a> in their Wall Street debut yesterday, while the WSJ reports<\/a> in an exclusive that it has priced its IPO at a point that \u201cfar exceeds\u201d its expected range. Shares of the home-rental startup will make their debut today<\/strong>.<\/p>\n

\n

Closer to home: China\u2019s top covid-19 vaccine is about 86% efficient<\/strong>, the UAE reported yesterday. Egypt was among the countries participating in the clinical trials. We have chapter and verse in this morning\u2019s Covid Watch, below.<\/p>\n

Also: At least three new state-owned companies are now in the government\u2019s IPO funnel<\/strong>, including what could become the first two military-owned companies to make their EGX debut, as we report below.<\/p>\n

It\u2019s inflation day:<\/strong> Capmas and the Central Bank of Egypt are due to release November inflation figures today \u2014 two weeks ahead of the Monetary Policy Committee\u2019s final meeting of 2020 to review interest rates on 24 December. Annual headline inflation accelerated to 4.6% in October on the back of a delayed start to the academic year, which always fuels inflation in fall.<\/p>\n

The first in a new GIZ webinar series for the finance industry is set to take place today. <\/strong>You can learn more here (pdf)<\/a> or register here<\/a>.<\/p>\n

ALSO: We love dogs.<\/a><\/strong>This morning and every morning.<\/p>\n

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The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

THURSDAY KUDOS-<\/strong><\/p>\n

The Washington Post has named Siobh\u00e1n O\u2019Grady <\/strong>(LinkedIn<\/a>) as its new Cairo <\/strong>bureau chief<\/strong>, succeeding Sudarsan Raghavan<\/a>, the paper said<\/a>. O\u2019Grady began her news career in 2014 at Foreign Policy before freelancing for two years from Nigeria and Cameroon, where she reported on a divide between English- and French-speakers. The appointment is effective January.<\/p>\n

Egypt-based Communications Platform as a Service (CPaaS) company Cequens<\/a><\/strong> took <\/strong>home the title of the \"Most Innovative Communication Platform\"<\/strong> in the International Finance Magazine\u2019s 2020 Technology Awards<\/a>, the company said in a press release (pdf)<\/a>.<\/p>\n

** Have a suggestion for a Thursday Kudo?<\/strong> Email it on over at editorial@enterprise.press.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. We made it through another week together. There are just 21 days left in 2020, if you \u2014 like us \u2014 are keeping count. *** We\u2019re a bit late this morning because one of our cloud services is glitching this morning. 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The news dominates front pages across the globe this morning, from the Financial Times to\u2026","rel":"","context":"In "What We're Tracking Today"","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":569839,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/09\/egypt-in-the-news-on-9-march-2020\/","url_meta":{"origin":567888,"position":1},"title":"Egypt in the News on 9 March 2020","author":"enterpriseam admin","date":"9 March 2020","format":false,"excerpt":"Egypt\u2019s accelerating covid-19 outbreak is leading the conversation in the foreign press this morning: We have coverage in this morning\u2019s What We\u2019re Tracking Today, above.","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568284,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/24\/what-were-tracking-on-24-december-2020\/","url_meta":{"origin":567888,"position":2},"title":"What we\u2019re tracking on 24 December 2020","author":"enterpriseam admin","date":"24 December 2020","format":false,"excerpt":"Good morning, everyone, and a very Merry Christmas to all those who are observing tomorrow. We made it through another week together \u2014 and have a pleasantly quiet issue for you this Christmas Eve morning.Last orders on the NYSE and Nasdaq will be at 1pm Eastern today while the closing\u2026","rel":"","context":"In "What We're Tracking Today"","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":598078,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/what-were-tracking-on-14-may-2019\/","url_meta":{"origin":567888,"position":3},"title":"What we\u2019re tracking on 14 May 2019","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"Good morning, friends, and welcome to the slowest news morning yet of Ramadan. Business is moving at a snail\u2019s pace between the heat and lack of caffeine, making the one big story of the day the still-unfolding mess in global markets. We have the full rundown in this morning\u2019s Speed\u2026","rel":"","context":"In "What We're Tracking Today"","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":568245,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/what-were-tracking-on-23-december-2020\/","url_meta":{"origin":567888,"position":4},"title":"What we\u2019re tracking on 23 December 2020","author":"enterpriseam admin","date":"23 December 2020","format":false,"excerpt":"Good morning, wonderful people, and welcome to Christmas Eve Eve, for those of you who are observing. 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The big story this morning: Increasing clarity on when Egypt\u2019s vaccination campaign may begin and a warning from a top government official that stricter enforcement of anti-covid measures could all be in the cards alongside potential curbs on\u2026","rel":"","context":"In "What We're Tracking Today"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=567888"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567888\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567886"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567888"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567888"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567888"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}