{"id":570624,"date":"2020-04-08T04:44:56","date_gmt":"2020-04-08T04:44:56","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/08\/business-and-economics-finally-reign-supreme-on-egypts-talk-shows\/"},"modified":"2020-04-08T04:44:56","modified_gmt":"2020-04-08T04:44:56","slug":"business-and-economics-finally-reign-supreme-on-egypts-talk-shows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/08\/business-and-economics-finally-reign-supreme-on-egypts-talk-shows\/","title":{"rendered":"Business and economics finally reign supreme on Egypt\u2019s talk shows"},"content":{"rendered":"

Business and economics were the topic du jour<\/strong> (albeit with covid-19 undertones) on the airwaves for the first time in as long as we can remember. Finance Minister Mohamed Maait phoned in to several talk shows to discuss President Abdel Fattah El Sisi\u2019s decree earlier this week to extend tax payment deadlines and support key industries.<\/p>\n

The Finance Ministry is working on getting its ducks in a row to cover the expenses from the state\u2019s economic support packages<\/strong>, including a three-month stipend for irregular workers and providing loans for the aviation industry, Maait told Yahduth fi Masr\u2019s Sherif Amer (watch, runtime: 5:19<\/a>).<\/p>\n

Egypt is committed to meeting its foreign debt obligations<\/strong>, Maait added.<\/p>\n

EGP 2 bn payout for export subsidies on the way:<\/strong> The government has already earmarked EGP 2 bn it will dole out in export subsidy arrears to exporters, Maait said on Al Tasea Masa\u2019an (watch, runtime: 20:08<\/a>). El Sisi had ordered the Export Subsidy Fund to dole out at least 30% of the arrears it owes to exporters, with each company receiving at least EGP 5 mn apiece.<\/p>\n

Legislation for tax postponements, exemptions coming soon:<\/strong> The ministry has coordinated with the House of Representatives to approve as soon as possible a bill that would allow Cabinet to either postpone tax deadlines or exempt specific industries from tax payments, Maait told Al Hayah Al Youm\u2019s Lobna Assal.<\/p>\n

Factories will likely get a real estate tax holiday:<\/strong> Cabinet and the House have preliminarily agreed to exempt factories from the real estate tax, Maait said, without delving into the details on how long the tax holiday would be. Tourism industry establishments will also be exempt from real estate taxes, but have yet to decide whether factories will also get the same treatment. Any tax relief will be contingent on businesses retaining all of their employees<\/strong>, Maait stressed (watch, runtime: 9:53<\/a>).<\/p>\n

On that note: El Sisi\u2019s calls for the private sector to refrain from layoffs or salary cuts <\/strong>was a focal point for Masaa DMC\u2019s Ramy Radwan, who noted that the president promised the government will help businesses do just that (watch, runtime: 3:56<\/a>).<\/p>\n

Qalaa Holding\u2019s investments are still going according to plan this year despite current conditions<\/strong>, Chairman Ahmed Heikal told Sherif Amer (watch, runtime: 4:56<\/a> and watch, runtime: 5:53<\/a>). Heikal said he expects the crisis to last around a year, during which time the food and beverage and pharma industries are expected to be the best performers. The Qalaa boss also lauded the government\u2019s response to the covid-19 outbreak, saying it was measured and well-delivered.<\/p>\n

The Health Ministry\u2019s daily report on covid-19 infections and deaths<\/strong> was also recapped by Min Masr\u2019s Reham Ibrahim (watch, runtime: 3:57<\/a>) and Masaa DMC\u2019s Ramy Radwan (watch, runtime: 2:55<\/a>. We have the roundup in What We\u2019re Tracking Today, above.<\/p>\n","protected":false},"excerpt":{"rendered":"

Business and economics were the topic du jour (albeit with covid-19 undertones) on the airwaves for the first time in as long as we can remember. Finance Minister Mohamed Maait phoned in to several talk shows to discuss President Abdel Fattah El Sisi\u2019s decree earlier this week to extend tax payment deadlines and support key […]<\/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":[96,1805,2379,72,276,277,613,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-570624","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-abdel-fattah-el-sisi","tag-ahmed-heikal","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","tag-finance-ministry","tag-mohamed-maait","tag-qalaa-holdings","tag-tax","wpautop","entry"],"acf":{"mongo_id":"04c6867d-4ef6-4e52-b307-a945333c5adf","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[570620],"teaser":"","voice_url":""},"yoast_head":"\nBusiness and economics finally reign supreme on Egypt\u2019s 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\/04\/08\/business-and-economics-finally-reign-supreme-on-egypts-talk-shows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business and economics finally reign supreme on Egypt\u2019s talk shows\" \/>\n<meta property=\"og:description\" content=\"Business and economics were the topic du jour (albeit with covid-19 undertones) on the airwaves for the first time in as long as we can remember. 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Alexandria is a bit of a different story, because of high waves that displace sand and affect\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":554209,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/23\/last-nights-talk-shows-el-sisi-inaugurates-assiut-oil-refinery-maait-gives-another-economics-lesson\/","url_meta":{"origin":570624,"position":1},"title":"Last Night\u2019s Talk Shows: El Sisi inaugurates Assiut oil refinery + Maait gives another economics lesson","author":"enterpriseam admin","date":"23 December 2021","format":false,"excerpt":"Taking center stage on the airwaves last night: President Abdel Fattah El Sisi\u2019s visit to Upper Egypt, which kicked off with the inauguration of the Assiut Oil Refining Company. Of particular interest to the talking heads: the EGP 1.1 tn-worth of investments that have been poured into the development of\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":576094,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/10\/last-nights-talk-shows-on-10-november-2020\/","url_meta":{"origin":570624,"position":2},"title":"Last Night\u2019s Talk Shows on 10 November 2020","author":"enterpriseam admin","date":"10 November 2020","format":false,"excerpt":"Finance Minister Mohamed Maait stole the limelight on the airwaves last night, sitting down with Kelma Akhira\u2019s Lamees El Hadidi for a wide-ranging discussion on the state of public finance, the ministry\u2019s covid-19 response, tax reform and the IMF standby loan (watch, runtime: 16:24). We have full coverage of the\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":542843,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/19\/minimum-wage-hike-dominates-the-talk-shows\/","url_meta":{"origin":570624,"position":3},"title":"Minimum wage hike dominates the talk shows","author":"enterpriseam admin","date":"19 January 2022","format":false,"excerpt":"The airwaves were full of talk of President Abdel Fattah El Sisi\u2019s decision yesterday to raise the public sector minimum wage and hire new teachers. The announcement was covered by shows including Masaa DMC (watch, runtime: 5:25) and Al Hayah Al Youm (watch, runtime: 5:21).Finance Minister Mohamed Maait did the\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":542867,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/20\/last-nights-talk-shows-minimum-wage-hike-tops-the-agenda-for-second-day-running\/","url_meta":{"origin":570624,"position":4},"title":"Last Night\u2019s Talk Shows: Minimum wage hike tops the agenda for second day running","author":"enterpriseam admin","date":"20 January 2022","format":false,"excerpt":"The 12.5% hike to the minimum wage announced on Tuesday continued to dominate the airwaves on a quiet night last night. The monthly minimum wage paid to public sector workers will rise to EGP 2.7k from July on the instruction of President Abdel Fattah El Sisi, who also directed that\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/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":571988,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/08\/maait-gives-lamees-an-update-on-egypts-economic-outlook-amid-covid-19\/","url_meta":{"origin":570624,"position":5},"title":"Maait gives Lamees an update on Egypt\u2019s economic outlook amid covid-19","author":"enterpriseam admin","date":"8 June 2020","format":false,"excerpt":"The highlight of last night\u2019s talk shows was Finance Minister Mohamed Maait\u2019s chat with Al Kahera Alaan\u2019s Lamees El Hadidi for an update on Egypt\u2019s macro indicators and the government\u2019s outlook amid covid-19. The government is constantly updating its forecasts for Egypt\u2019s economic growth as developments in the global economy\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570624","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=570624"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/570624\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/570620"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=570624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=570624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=570624"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=570624"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=570624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}