{"id":568267,"date":"2020-12-23T03:47:36","date_gmt":"2020-12-23T03:47:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/also-on-our-radar-on-23-december-2020\/"},"modified":"2020-12-23T03:47:36","modified_gmt":"2020-12-23T03:47:36","slug":"also-on-our-radar-on-23-december-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/also-on-our-radar-on-23-december-2020\/","title":{"rendered":"Also on our radar on 23 December 2020"},"content":{"rendered":"<p><strong>Al Azhar <\/strong><strong><a href=\"https:\/\/bit.ly\/3mKML4F\">issued<\/a><\/strong><strong> a fatwa confirming that joining the Ikhwan is religiously forbidden <\/strong>on grounds that the group has engaged in \u201cdistorting some texts, taking them out of their context, and using them to achieve personal goals or interests and corrupting the land.\u201d<\/p>\n<p><strong>A handful of headlines we\u2019re keeping an eye on this morning:<\/strong><\/p>\n<ul>\n<li><strong>Palm Hills Development\u2019s London-listed GDRs<\/strong> <a href=\"https:\/\/ent.news\/2020\/12\/PHD-Press-Release-22-December-2020-English.pdf\">were written off yesterday (pdf)<\/a>, a plan the company <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a45f8b4d-5453-4b84-ab28-4515db059d78\">approved<\/a> in August.<\/li>\n<li>A new system to disburse <strong>export subsidies<\/strong> based on company size and turnover <a href=\"https:\/\/alborsaanews.com\/2020\/12\/22\/1407870\">will be introduced<\/a> in January.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Al Azhar issued a fatwa confirming that joining the Ikhwan is religiously forbidden on grounds that the group has engaged in \u201cdistorting some texts, taking them out of their context, and using them to achieve personal goals or interests and corrupting the land.\u201d A handful of headlines we\u2019re keeping an eye on this morning: Palm [&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":[7209],"tags":[111,93,72,290,183,865,91,238,132],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-568267","post","type-post","status-publish","format-standard","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-energy","tag-enterpriseam","tag-financial-inclusion","tag-fintech","tag-mastercard","tag-oil-and-gas","tag-tourism","tag-trade","wpautop","entry"],"acf":{"mongo_id":"cc10a9ec-f192-421a-b747-d181c47bde38","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[568243],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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The company also plans to raise its issued capital by EGP 100 mn to EGP 453.65 mn through the issuance of 200 mn freeshares as a\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561053,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/23\/also-on-our-radar-on-23-march-2021\/","url_meta":{"origin":568267,"position":2},"title":"Also on our Radar on 23 March 2021","author":"enterpriseam admin","date":"23 March 2021","format":false,"excerpt":"A handful of things we\u2019re keeping an eye on this morning: The UAE\u2019s Time Hotels will open this year its firsttwo hotels in Egypt, namely the 203-room resort in Nuweiba and a 130-room hotel and conference center near El Alamein.HC Securities was co-advisor (pdf) to Saudi\u2019s Almarai on its acquisition\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560483,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/01\/also-on-our-radar-on-1-february-2021\/","url_meta":{"origin":568267,"position":3},"title":"Also on our radar on 1 February 2021","author":"enterpriseam admin","date":"1 March 2021","format":false,"excerpt":"Porto Group is setting up a still-unnamed business development entity with Prime Group and UAE-based seafood provider Asmak after Porto\u2019s board approved the partnership agreement on Thursday, the company said in an EGX filing (pdf). 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