{"id":570049,"date":"2020-03-17T04:35:06","date_gmt":"2020-03-17T04:35:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/covid-19-air-travel-suspension-and-cbe-interest-rate-cut-reviewed-on-talk-shows\/"},"modified":"2020-03-17T04:35:06","modified_gmt":"2020-03-17T04:35:06","slug":"covid-19-air-travel-suspension-and-cbe-interest-rate-cut-reviewed-on-talk-shows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/17\/covid-19-air-travel-suspension-and-cbe-interest-rate-cut-reviewed-on-talk-shows\/","title":{"rendered":"Covid-19, air travel suspension and CBE interest rate cut reviewed on talk shows"},"content":{"rendered":"<p><strong>CBE interest rate cut: <\/strong>Al Kahera Alaan\u2019s Lamees El Hadidi spoke by phone with Hany Genena, head of research at investment bank Prime Holding, to discuss the Central Bank of Egypt\u2019s unprecedented decision to cut interest rates by 300 bps. He lauded the timing of the decision saying it will help to preserve cash flow for businesses in the months ahead. He added that foreign investment in Egyptian bonds may not be affected as inflation is expected to decrease, ensuring returns remain attractive <a href=\"https:\/\/www.youtube.com\/watch?v=BJPI3W_tzJo\">(watch, runtime: 4:22)<\/a> and <a href=\"https:\/\/www.youtube.com\/watch?v=oSodHInOajE&t=5s\">(watch, runtime: 5:20)<\/a>. Adib spoke by phone with the deputy head of the National Bank of Egypt, Yehya Aboul Fotouh, who said that the CBE\u2019s decision was bold and presented a chance for SMEs to consider expansion <a href=\"https:\/\/www.youtube.com\/watch?v=8smfMbihUMo\">(watch, runtime: 3:31)<\/a>. We have chapter and verse on the CBE\u2019s announcement in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>Flights suspended from Thursday: <\/strong>El Hadidi also spoke by phone with Tourism Minister Khaled El Anani who confirmed that the flights will be suspended from Thursday until the end of the month and that after that time, <strong>airports will allow the landing of empty planes to evacuate foreigners<\/strong> <a href=\"https:\/\/www.youtube.com\/watch?v=nr6_U2chALk\">(watch, runtime: 6:34)<\/a>. She also spoke by phone with State Information Minister Osama Heikal, who said tourists will leave according to the scheduled departure dates unless otherwise requested. Land and sea ports will remain open to allow for the flow of goods. <a href=\"https:\/\/www.youtube.com\/watch?v=algJA0gj8xg\">(watch, runtime: 3:37)<\/a>. Adib also covered the story <a href=\"https:\/\/www.youtube.com\/watch?v=R2xL10iYgAU\">(watch, runtime: 2:36)<\/a>.<\/p>\n<p><strong>WHO delegation to visit Egypt: <\/strong>Adib spoke by phone with Health Minister Hala Zayed, who said that a delegation from the World Health Organization will visit the country on 24 March to review the measures taken against the spread of covid-19 upon a request from Egypt. She added that since two covid-19 deaths were from Daqahliyah, some 300 families in the governorate have been quarantined for 14 days <a href=\"https:\/\/www.youtube.com\/watch?v=b3gLRcsAmFM\">(watch, runtime: 33:02)<\/a>. Min Masr\u2019s Amr Khalil <a href=\"https:\/\/www.youtube.com\/watch?v=rQxT5M_IfUA\">(watch, runtime: 2:48)<\/a> had the same report.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CBE interest rate cut: Al Kahera Alaan\u2019s Lamees El Hadidi spoke by phone with Hany Genena, head of research at investment bank Prime Holding, to discuss the Central Bank of Egypt\u2019s unprecedented decision to cut interest rates by 300 bps. He lauded the timing of the decision saying it will help to preserve cash flow [&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":[9281],"tags":[271,107,2379,72,2188,397,248,3743,976,406],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570049","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-central-bank-of-egypt","tag-covid-19","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","tag-hala-zayed","tag-khaled-el-anany","tag-national-bank-of-egypt","tag-osama-heikal","tag-prime-holding","tag-world-health-organization","wpautop","entry"],"acf":{"mongo_id":"1c79ec6c-7adf-4253-a779-37c4a8562637","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[570045],"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>Covid-19, air travel suspension and CBE interest rate cut reviewed on talk shows - 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\/2020\/03\/17\/covid-19-air-travel-suspension-and-cbe-interest-rate-cut-reviewed-on-talk-shows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Covid-19, air travel suspension and CBE interest rate cut reviewed on talk shows\" \/>\n<meta property=\"og:description\" content=\"CBE interest rate cut: Al Kahera Alaan\u2019s Lamees El Hadidi spoke by phone with Hany Genena, head of research at investment bank Prime Holding, to discuss the Central Bank of Egypt\u2019s unprecedented decision to cut interest rates by 300 bps. 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On Masaa DMC, Prime Holdings Head of Research Abu Bakr Imam told Osama Kamal that the interest rate hike\u2019s cons far outweigh its benefits, explaining that Egypt\u2019s elevated\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":569279,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/19\/last-nights-talk-shows-for-wednesday-19-february-2020\/","url_meta":{"origin":570049,"position":1},"title":"Last night\u2019s talk shows for Wednesday, 19 February 2020","author":"enterpriseam admin","date":"19 February 2020","format":false,"excerpt":"Another slow news day once again permeated the airwaves, leaving the talking heads with little to ponder over. Egypt tops list of fastest growing Middle Eastern economies -cabinet: Al Hayah Al Youm\u2019s Hossam Haddad took note of a timelapse graph published yesterday by the cabinet\u2019s Information and Decision Support Center\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595537,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/30\/egp-egx-rally-after-cbe-rate-cut\/","url_meta":{"origin":570049,"position":2},"title":"EGP, EGX rally after CBE rate cut","author":"enterpriseam admin","date":"30 September 2019","format":false,"excerpt":"The EGP flexed its muscles against the USD yesterday, rallying on the first market day after the central bank cut key interest rates by another 100 bps in last week\u2019s MPC meeting (watch, runtime: 02:22). The EGP strengthened to 16.31 against the greenback on Sunday compared to 16.38 on Thursday.\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632681,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/last-nights-talk-shows-on-18-february-2018\/","url_meta":{"origin":570049,"position":3},"title":"Last Night\u2019s Talk Shows on 18 February 2018","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"An interest rate cut and the resignation of Ethiopia\u2019s prime minister kept the talking heads busy last night.Hona Al Asema\u2019s Lamees Al Hadidi spoke to National Bank of Egypt (NBE) Deputy Head Yehia Aboul Fotouh about the interest rate cuts, which he said would help banks lower the cost of\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":570163,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/22\/talk-shows-cover-covid-19-updates-mosques-churches-shutting-down\/","url_meta":{"origin":570049,"position":4},"title":"Talk shows cover covid-19 updates, mosques, churches shutting down","author":"enterpriseam admin","date":"22 March 2020","format":false,"excerpt":"All covid, all the time: The nation\u2019s talking heads \u2014 like the rest of the world \u2014 continued to be squarely focused on the coronavirus last night. The daily covid-19 update: Masaa DMC's Eman El Hosary (watch, runtime: 1:22) and Min Masr\u2019s Amr Khalil (watch, runtime: 2:11) reviewed the latest\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":544504,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/07\/last-nights-talk-shows-cbe-could-raise-rates-this-month-in-response-to-ukraine-crisis-arqaam\/","url_meta":{"origin":570049,"position":5},"title":"Last Night\u2019s Talk Shows: CBE could raise rates this month in response to Ukraine crisis -Arqaam","author":"enterpriseam admin","date":"7 March 2022","format":false,"excerpt":"Will the Central Bank of Egypt raise interest rates to combat higher prices fuelled by the Ukraine war? 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