{"id":572454,"date":"2020-06-25T04:08:12","date_gmt":"2020-06-25T04:08:12","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/"},"modified":"2020-06-25T04:08:12","modified_gmt":"2020-06-25T04:08:12","slug":"what-were-tracking-on-25-june-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/","title":{"rendered":"What we\u2019re tracking on 25 June 2020"},"content":{"rendered":"

Welcome to Thursday, ladies and gentlemen. <\/strong>We hope the day passes productively and uneventfully \u2014 and that you\u2019re all looking forward to a very relaxing weekend.<\/p>\n

Two big stories eclipse all other headlines today:<\/strong> The IMF thinks the global recession will <\/strong>be worse<\/strong> than it first predicted and EFG Hermes<\/strong> has partnered with the the Sovereign Fund<\/strong> of Egypt to make a bid for the Arab Investment Bank<\/strong> and fully transform itself into a universal bank. We have chapter and verse on both stories in this morning\u2019s Speed Round, below.<\/p>\n

It\u2019s interest rate day today.<\/strong> Our poll earlier this week<\/a> showed consensus among analysts that the central bank will leave rates on hold for the third consecutive meeting. The CBE\u2019s overnight deposit rate is at 9.25% and the lending rate is at 10.25%. The main operation and discount rates are both at 9.75%.<\/p>\n

The IMF\u2019s executive board will meet tomorrow to discuss Egypt\u2019s request for a USD 5.2<\/strong> bn standby facility<\/strong>, according to the fund\u2019s calendar. Approval would bump up Egypt\u2019s recent IMF borrowing to USD 8 bn after the fund last month disbursed a USD 2.8 bn rapid financing instrument<\/a>.<\/p>\n

The story to watch today: <\/strong>Asian shares are down sharply in early morning trading and futures suggest more of the same in Europe and the US later today after US stocks plunged yesterday amid fears that covid-19 was taking off in America. The trigger: Large states including Arizona, Texas, and California posting record numbers of new cases. The WSJ<\/a> and the FT<\/a> have more if you need to dive deeper. Is it any wonder that gold is hovering near an eight-year high? <\/strong>Not that we\u2019re goldbugs\u2026<\/p>\n

The EGX30 closed up 2.6% yesterday on very heavy trading<\/strong> (about 74% above the trailing 90-day average), leaving the benchmark index down 21% year-to-date.<\/p>\n

The antidote to the rollercoaster of negativity that is the market of late: Planet Startup<\/strong>, where we have a shoutout this morning to the brave folks who breezed through Flat6Labs\u2019 demo day for investors like MSMEDA and the press yesterday. It takes guts to build a company \u2014 even more to pitch it online during a pandemic. Our friends at Flat6 have put the whole thing online, so you can watch here if you didn\u2019t catch it yesterday (<\/strong>watch, runtime: 52:54<\/a><\/strong>) <\/strong>or check out the homepage for demo day here<\/a>.<\/p>\n

And speaking of entrepreneurs: <\/strong>Instagram is rolling out new requirements for small businesses and creators and will require them to \u201ctag products on Instagram from a single website that they own and sell from.\u201d The requirement goes into effect on 9 July for folks in Egypt. More in this press release (pdf)<\/a>.<\/p>\n

<\/a> PSA #1- The nighttime curfew ends on Saturday.<\/strong> Restaurants, coffee shops and houses of worship are set to reopen and retailers will be allowed to stay open until 9pm. Restaurants will have to close their doors at 10pm.<\/p>\n

PSA #2- We are blessed with a midweek holiday <\/strong>next week as the nation is off on Tuesday in observance of 30 June.<\/p>\n

\n

COVID-19 IN EGYPT-<\/strong><\/p>\n

The Health Ministry <\/strong>confirmed<\/a><\/strong> 85 new deaths from covid-19 yesterday<\/strong>, bringing the country\u2019s total death toll to 2,450. Egypt has now disclosed a total of 59,561 confirmed cases of covid-19, after the ministry reported 1,420 new infections yesterday<\/strong>. We now have a total of confirmed cases that have since tested negative for the virus after being hospitalized or isolated, of whom 15,935 have fully recovered.<\/p>\n

Six professional footballers tested positive for covid-19<\/strong> just days after returning to the pitch for training<\/a> ahead of matches restarting on 1 July, the Egyptian Football Association (EFA) said in a statement<\/a> yesterday. All EFA personnel are currently being tested, the association said.<\/p>\n

All courts across the nation will fully resume work starting Saturday<\/strong>, the Justice Ministry said yesterday, according to Youm7<\/a>. The ministry has also decided to reopen its offices, including real estate registry offices and the ministry-affiliated forensic medicine department. A maximum of 20% of employees will be present at any given time, and will implement rotational shifts to avoid community spread. The decision comes after the government announced a partial reopening<\/a> of the economy starting this weekend.<\/p>\n

EgyptAir will resume flying to 29 destinations by mid-July<\/strong>, with 22 destinations available for booking on 1 July and seven more being phased in by 15 July, according to a statement<\/a>. Did you book before 15 June? <\/strong>You need to reconfirm your flights.<\/p>\n

\"enterprise\"<\/a><\/p>\n

DONATIONS- The nation\u2019s banks, international organizations, and NGOs are the top<\/strong> financial donors <\/strong>to efforts to fight the economic and health impact of covid-19 according to this deck (pdf)<\/a> put together by Meacoms. The top financial donor was the European Union with contributions totaling EGP 1.6 bn, while the top corporate donors were our friends at CIB<\/strong> followed by Banque du Caire<\/strong>. The food and beverage industry gets credit for in-kind donations of food, with the parent company of Pepsi and Chipy<\/strong> leading the league table with 2 mn meals, the analysis says. The top beneficiaries of financial donations were the government, the Tahya Misr Fund and the Egyptian Food Bank.<\/strong><\/p>\n

ON THE GLOBAL FRONT-<\/strong><\/p>\n

Chinese vaccine developer moves into final stage of testing in UAE: <\/strong>Chinese state-owned vaccine developer CNBG has secured approvals to begin the final stage of human trials in UAE, according to Bloomberg<\/a>. CNBG is the first company out of China to enter phase three testing and one of the few to have hit that benchmark globally<\/a> as the race to be the first to discover a vaccine quickens and covid-19 cases top 9.2 mn.<\/p>\n

UK restaurants, hotels and pubs will reopen from 4 July<\/strong> as part of sweeping changes to end the country\u2019s lockdown restrictions announced yesterday, the BBC<\/a> reports.<\/p>\n

AND THE REST OF THE WORLD- <\/strong><\/p>\n

Uncle Joe is crushing King Cheeto <\/strong>in the latest New York Times-Siena College poll<\/a>. With five months remaining until American voters goes to the polls, Joe Biden has taken a commanding 14-point lead over the orange incumbent.<\/p>\n

US considers ramping up trade tensions with Europe\u2026 <\/strong>The Donald may be staring down the barrel of an embarrassing electoral defeat, but he isn\u2019t done flexing his muscles on trade. The US Trade Representatives yesterday said that Washington could bring in USD 3.1 bn in tariffs of up to 100% on additional goods imported from the UK, France, Germany and Spain, Bloomberg<\/a> reports.<\/p>\n

\u2026as Europe mulls US travel ban:<\/strong> American citizens may be banned from traveling to European countries as the coronavirus continues to rampage across the US, according to draft EU rules seen by the New York Times<\/a>.<\/p>\n

\"enterprise\"<\/a><\/p>\n

<\/a> Out today: The final episode of season two of Making It, <\/strong>our podcast on building a great business in Egypt.<\/p>\n

Today\u2019s interview: Omar Hagrass, CEO of Trella: <\/strong>After working as an expansion manager at Uber Eats, Hagrass was bitten by the entrepreneurial bug after learning how fragmented the trucking industry was. His research led him and his co-founders to launch Trella<\/a>, an application that connects shippers and carriers directly through a booking system resembling ride-hailing services \u2014 eliminating the need for middlemen.<\/p>\n

A digital trucking marketplace was born<\/strong> after he secured a USD 600k pre-seed round led by<\/a>Algebra Ventures<\/a> in early 2019. Trella then graduated from Y Combinator, acquired its Egyptian rival Trukto<\/a> to become the largest digital trucking marketplace in Egypt, and launched its services in Saudi Arabia<\/a> to act as a gateway for further expansion into the GCC countries.<\/p>\n

The potential to solve a big problem with a good team<\/strong> raises investor interest<\/strong>, Hagrass told us. His goal? To turn the company into Egypt\u2019s first unicorn.<\/p>\n

Tap or click here to listen to the episode on<\/strong> our website<\/a> | Apple Podcast<\/a> | Google Podcast<\/a> | Omny<\/a>. We\u2019re also available on Spotify<\/a>, but only for non-MENA accounts. Subscribe to Making It here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Welcome to Thursday, ladies and gentlemen. We hope the day passes productively and uneventfully \u2014 and that you\u2019re all looking forward to a very relaxing weekend. Two big stories eclipse all other headlines today: The IMF thinks the global recession will be worse than it first predicted and EFG Hermes has partnered with the the […]<\/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":[7204],"tags":[116,147,107,880,72,89,411,7089,527,162,234,90],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-572454","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-china","tag-climate-change","tag-covid-19","tag-egyptair","tag-enterpriseam","tag-israel","tag-judiciary","tag-palestine","tag-pandemic","tag-sports","tag-travel","tag-uae","wpautop","entry"],"acf":{"mongo_id":"7778452a-64dd-4588-b63b-01723164f4ac","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[572452],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 25 June 2020 - 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\/06\/25\/what-were-tracking-on-25-june-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking on 25 June 2020\" \/>\n<meta property=\"og:description\" content=\"Welcome to Thursday, ladies and gentlemen. We hope the day passes productively and uneventfully \u2014 and that you\u2019re all looking forward to a very relaxing weekend. Two big stories eclipse all other headlines today: The IMF thinks the global recession will be worse than it first predicted and EFG Hermes has partnered with the the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-25T04:08:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 25 June 2020\",\"datePublished\":\"2020-06-25T04:08:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\"},\"wordCount\":1283,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg\",\"keywords\":[\"China\",\"climate change\",\"covid-19\",\"EgyptAir\",\"EnterpriseAM\",\"Israel\",\"judiciary\",\"Palestine\",\"pandemic\",\"sports\",\"travel\",\"UAE\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\",\"name\":\"What we\u2019re tracking on 25 June 2020 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg\",\"datePublished\":\"2020-06-25T04:08:12+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What we\u2019re tracking on 25 June 2020\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What we\u2019re tracking on 25 June 2020 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/","og_locale":"en_US","og_type":"article","og_title":"What we\u2019re tracking on 25 June 2020","og_description":"Welcome to Thursday, ladies and gentlemen. We hope the day passes productively and uneventfully \u2014 and that you\u2019re all looking forward to a very relaxing weekend. Two big stories eclipse all other headlines today: The IMF thinks the global recession will be worse than it first predicted and EFG Hermes has partnered with the the […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-06-25T04:08:12+00:00","og_image":[{"url":"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What we\u2019re tracking on 25 June 2020","datePublished":"2020-06-25T04:08:12+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/"},"wordCount":1283,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg","keywords":["China","climate change","covid-19","EgyptAir","EnterpriseAM","Israel","judiciary","Palestine","pandemic","sports","travel","UAE"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/","name":"What we\u2019re tracking on 25 June 2020 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg","datePublished":"2020-06-25T04:08:12+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#primaryimage","url":"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg","contentUrl":"https:\/\/ent.news\/2020\/6\/SOMA-ENTERPRISE-3-1600px.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/what-were-tracking-on-25-june-2020\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What we\u2019re tracking on 25 June 2020"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":578306,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/22\/this-morning-expect-another-mega-rate-hike-when-the-central-bank-meets-later-today\/","url_meta":{"origin":572454,"position":0},"title":"THIS MORNING: Expect another mega-rate hike when the central bank meets later today","author":"enterpriseam admin","date":"22 December 2022","format":false,"excerpt":"Good morning, dear readers, and congratulations on making it to the end of another week. Like many of you, we're going to be turning on our OoO responders on Sunday and having ourselves an extended weekend for the Christmas break. We'll be back in your inboxes on Monday at the\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\/2022\/12\/479.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":578263,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/this-morning-another-year-with-no-state-funded-hajj-trips-sbf-extradition-today\/","url_meta":{"origin":572454,"position":1},"title":"THIS MORNING: Another year with no state-funded Hajj trips + SBF extradition today","author":"enterpriseam admin","date":"21 December 2022","format":false,"excerpt":"Good morning ladies and gents. There may be only seven working days remaining of the year but 2022 shows no signs of wanting to take a time out. Here in Egypt we have a crucial central bank policy meeting tomorrow and \u2014 as the IMF\u2019s Egypt mission chief reminds us\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\/2022\/12\/445.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552000,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/04\/this-evening-chimeras-acquisition-of-beltone-is-now-executed-the-bank-of-england-delivered-its-biggest-rate-hike-since-95\/","url_meta":{"origin":572454,"position":2},"title":"THIS EVENING: Chimera\u2019s acquisition of Beltone is now executed + The Bank of England delivered its biggest rate hike since \u201895","author":"enterpriseam admin","date":"4 August 2022","format":false,"excerpt":"Happy THURSDAY, wonderful people. We\u2019re never sure if the summer slowdown is real, but we\u2019re almost certain that summer Thursdays can earn the \u201cslowest day of the week\u201d superlative.THE BIG STORY TODAY The EGX finally reversed a streak in the red, jumping 5.3% today on much higher turnover than we\u2019ve\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584650,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/03\/this-evening-its-issue-500-of-enterprisepm-oc-consortium-reaches-financial-close-on-gulf-of-suez-wind-farm\/","url_meta":{"origin":572454,"position":3},"title":"THIS EVENING: It\u2019s issue #500 of EnterprisePM + OC consortium reaches financial close on Gulf of Suez wind farm","author":"enterpriseam admin","date":"3 April 2023","format":false,"excerpt":"Happy Monday, wonderful people, and welcome to the 500th issue of EnterprisePM. We first began writing to you at the end of your workday just a little over two years ago, and we\u2019re honored to continue writing to each of you today.** SO, WHEN DO WE EAT? We\u2019ll be breaking\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/112.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554011,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/16\/this-morning-cbe-gathers-for-its-final-policy-meeting-today-new-gafi-services-unit-for-egx-listed-companies-schools-out-in-alexandria-again\/","url_meta":{"origin":572454,"position":4},"title":"THIS MORNING: CBE gathers for its final policy meeting today + new GAFI services unit for EGX-listed companies + school\u2019s out in Alexandria (again)","author":"enterpriseam admin","date":"16 December 2021","format":false,"excerpt":"Good morning, friends, and welcome to the final day of the workweek. We\u2019re looking forward to the weekend, even though our hopes of seeing Egypt in the Arab Cup final match on Saturday were dashed last night after the Pharaohs scored an own-goal in the last few seconds of their\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":586926,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/18\/this-evening-its-interest-rate-day-el-sisi-heads-to-ksa\/","url_meta":{"origin":572454,"position":5},"title":"THIS EVENING: It\u2019s interest rate day + El Sisi heads to KSA","author":"enterpriseam admin","date":"18 May 2023","format":false,"excerpt":"Good afternoon, wonderful people, and a very happy THURSDAY to us all. We\u2019re winding down what has been a busy and exciting week, and the news cycle appears to be (kind of) on the same page.THE BIG STORY TODAY It\u2019s interest rate day: The Central Bank of Egypt (CBE) is\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/239.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572454","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=572454"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/572454\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/572452"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=572454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=572454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=572454"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=572454"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=572454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}