{"id":573064,"date":"2020-07-19T04:07:31","date_gmt":"2020-07-19T04:07:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/"},"modified":"2020-07-19T04:07:31","modified_gmt":"2020-07-19T04:07:31","slug":"egypt-in-the-news-on-19-july-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/","title":{"rendered":"Egypt in the News on 19 July 2020"},"content":{"rendered":"<p><strong>The Grand Ethiopian Renaissance Dam continues to occupy the attention of the international<\/strong> <strong>press this morning.<\/strong> We have the latest in this morning\u2019s Speed Round, above. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-17\/as-questions-swirl-over-flashpoint-nile-dam-egypt-plays-it-cool?sref=mmeFTDW1\">Bloomberg<\/a> | <a href=\"https:\/\/www.nytimes.com\/2020\/07\/18\/world\/middleeast\/nile-dam-egypt-ethiopia.html?searchResultPosition=3\">New York Times<\/a> | <a href=\"https:\/\/www.bbc.co.uk\/news\/av\/world-africa-53441396\/why-can-t-egypt-and-ethiopia-agree-on-the-nile-dam\">BBC<\/a> | <a href=\"https:\/\/www.cbsnews.com\/news\/ethiopia-nile-dam-filling-reservoir-egypt-calls-existential-threat-in-3-way-dispute-sudan\/\">CBS<\/a>)<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2020-07-16\/egypt-passes-key-legislation-in-move-to-further-open-debt-market?sref=mmeFTDW1\">Bloomberg<\/a> took note of the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b411a78-7e57-4cd0-a6ee-5f5f8af7a3a0\">amended<\/a><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b411a78-7e57-4cd0-a6ee-5f5f8af7a3a0\">Central Depository Act<\/a><\/strong><strong> as a step towards<\/strong><strong> opening up Egypt\u2019s local debt instruments to foreign investors<\/strong>, saying the changes \u201ccould unlock more demand [for Egyptian] bonds,\u201d which carry the fourth-highest return rate among 25 emerging markets. Advisor to the Finance Minister Nevine Mansour also told the business information service that the amendments mark significant progress towards Egypt\u2019s goal of making its debt \u201cEuroclearable\u201d \u2014 allowing local debt issuance to be cleared with Belgium-based clearinghouse Euroclear.<\/p>\n<p><strong>Beblawi granted immunity from torture lawsuit:<\/strong> The US State Department has granted ex-PM Hazem El Beblawi immunity from a lawsuit filed by US citizen Mohamed Soltan for alleged torture and abuse, according to court filings released on Friday, <a href=\"https:\/\/www.washingtonpost.com\/local\/legal-issues\/state-dept-declares-egypts-ex-prime-minister-immune-from-torture-lawsuit-by-us-citizen-after-reported-protest-from-cairo\/2020\/07\/17\/45a2d320-c86f-11ea-8ffe-372be8d82298_story.html\">the Washington Post<\/a> reports.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Grand Ethiopian Renaissance Dam continues to occupy the attention of the international press this morning. We have the latest in this morning\u2019s Speed Round, above. (Bloomberg | New York Times | BBC | CBS) Bloomberg took note of the amendedCentral Depository Act as a step towards opening up Egypt\u2019s local debt instruments to foreign [&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":[7233],"tags":[5540,7106,168,957,984,2386,72,714,410,3731,210,127,117],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-573064","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-central-depository-act","tag-debt","tag-diplomacy","tag-dispute-watch","tag-donald-trump","tag-egypt-in-the-news","tag-enterpriseam","tag-euroclear","tag-gerd","tag-hazem-el-beblawi","tag-human-rights","tag-politics","tag-us","wpautop","entry"],"acf":{"mongo_id":"ccec34c6-6258-4594-996b-afdb7e35c1f6","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[573039],"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>Egypt in the News on 19 July 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\/07\/19\/egypt-in-the-news-on-19-july-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt in the News on 19 July 2020\" \/>\n<meta property=\"og:description\" content=\"The Grand Ethiopian Renaissance Dam continues to occupy the attention of the international press this morning. 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(Bloomberg | New York Times | BBC | CBS) Bloomberg took note of the amendedCentral Depository Act as a step towards opening up Egypt\u2019s local debt instruments to foreign [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-07-19T04:07:31+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt in the News on 19 July 2020\",\"datePublished\":\"2020-07-19T04:07:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\"},\"wordCount\":162,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Central Depository Act\",\"debt\",\"DIPLOMACY\",\"dispute watch\",\"Donald Trump\",\"Egypt in the News\",\"EnterpriseAM\",\"Euroclear\",\"GERD\",\"Hazem El Beblawi\",\"human rights\",\"politics\",\"US\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/07\/19\/egypt-in-the-news-on-19-july-2020\/\",\"name\":\"Egypt in the News on 19 July 2020 - 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He sees four tailwinds supporting growth in Egypt. First is declining inflation rates. Second are the lower interest rates expected, which \u201cshould boost growth\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634032,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/investors-in-africa-to-watch-for-elections-in-egypt-bloomberg\/","url_meta":{"origin":573064,"position":2},"title":"Investors in Africa to watch for elections in Egypt -Bloomberg","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"Investors should keep an eye on the presidential elections slated for this year, Bloomberg says in its guide for what investors should watch for in 10 key African markets in 2018. The elections will signal if the president will move ahead with the \u201cdeep economic reforms that have gone down\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632579,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/14\/shuaa-capital-eyeing-acquisitions-in-egypt-bloomberg\/","url_meta":{"origin":573064,"position":3},"title":"Shuaa Capital eyeing acquisitions in Egypt -Bloomberg","author":"enterpriseam admin","date":"14 February 2018","format":false,"excerpt":"M&A WATCH- Shuaa Capital is assessing potential acquisitions in Egypt\u2019s financial services industry, Bloomberg reports. The expansion could also come through faster hiring, Chairman Jassim Alseddiqi also suggested. Shuaa has plans to become one of Egypt\u2019s five largest brokerages \u201cas soon as this year\u201d and has already applied for investment\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651455,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/dont-put-the-muslim-brotherhood-on-the-terrorist-list-bloomberg-editors\/","url_meta":{"origin":573064,"position":4},"title":"\u201cDon\u2019t put the Muslim Brotherhood on the terrorist list\u201d \u2013Bloomberg editors","author":"enterpriseam admin","date":"13 February 2017","format":false,"excerpt":"The editorial board of Bloomberg think it\u2019s a mistake to designate the Ikhwan as a terror group. The author(s) can\u2019t get beyond the standard arguments, writing, \u201cThat\u2019s because the Muslim Brotherhood isn\u2019t a single organization so much as a collection of loosely affiliated groups in dozens of countries, each deciding\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","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":647471,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/fx-problems-in-egypt-starting-to-fade-bloomberg\/","url_meta":{"origin":573064,"position":5},"title":"FX problems in Egypt starting to fade -Bloomberg","author":"enterpriseam admin","date":"11 May 2017","format":false,"excerpt":"The easing of bank restrictions on credit card usage abroad is another sign that the foreign exchange problems \u201chave finally been dealt with and started to fade,\u201d Capital Economics\u2019 Jason Tuvey tells Bloomberg. \u201cWe\u2019ve seen a sharp increase in foreign-exchange reserves, and there\u2019s been a flow of [USD] that was\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"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\/573064","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=573064"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/573064\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/573039"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=573064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=573064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=573064"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=573064"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=573064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}