{"id":575965,"date":"2020-11-04T04:05:52","date_gmt":"2020-11-04T04:05:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypt-in-the-news-on-wednesday-4-november-2020\/"},"modified":"2020-11-04T04:05:52","modified_gmt":"2020-11-04T04:05:52","slug":"egypt-in-the-news-on-wednesday-4-november-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypt-in-the-news-on-wednesday-4-november-2020\/","title":{"rendered":"Egypt in the News on Wednesday, 4 November 2020"},"content":{"rendered":"

It\u2019s a mixed bag in the pages of the foreign press this morning...<\/strong><\/p>\n

How to invest like a b\u2019naire, according to Egypt\u2019s Mohamed Mansour: <\/strong>Egyptian b\u2019naire Mohamed Mansour is staying away from banks, and has instead built a decade-old London-based investment to grow his family\u2019s wealth, the 72-year-old Mansour Group chairman tells Bloomberg<\/a>. \u201cI used to leave my money with the banks, but I wasn\u2019t pleased with the returns I was getting,\u201d Mansour said. Man Capital \u2014 the investment arm of the USD 7 bn Mansour Group \u2014 led early investments in the likes of Facebook, Twitter, Uber, AirBnB, Snowflake, and Adyen. The firm now focuses on pouring investments into \u201cthe sectors of the future.\u201d Man Capital has been sticking with its tech-focused investment strategy, especially with covid-19, Mansour said.<\/p>\n

Gov\u2019t releases 400 arrested in rare protests this year: <\/strong>A Giza terrorism court on Tuesday ordered the conditional release of 416 people arrested in connection with the 20 September anti-government protests this year, AFP<\/a> reports. Over 2k people were arrested during demonstrations that demanded the removal of President El Sisi and followed the viral spread of videos by exiled businessman Mohamed Ali.<\/p>\n

Egyptology is in the news:<\/strong> Egyptologist Toby Wilkinson\u2019s new book,A World Beneath the Sands<\/a>, is a \u201cgripping tale of the archaeologists who raced to uncover dazzling ancient monuments,\u201d the Financial Times\u2019<\/a> Sue Gaisford writes. Elsewhere, CNN<\/a> wonders if all of Egypt\u2019s archaeological discoveries this year are enough to lure back tourists.<\/p>\n

Asylum in South Korea?<\/strong> Egyptians came in second on a list of 164 asylum seekers accepted into South Korea this year, according to Reuters<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a mixed bag in the pages of the foreign press this morning... How to invest like a b\u2019naire, according to Egypt\u2019s Mohamed Mansour: Egyptian b\u2019naire Mohamed Mansour is staying away from banks, and has instead built a decade-old London-based investment to grow his family\u2019s wealth, the 72-year-old Mansour Group chairman tells Bloomberg. \u201cI used […]<\/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":[504,2386,72,125,3040,127,414],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575965","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-archaeology","tag-egypt-in-the-news","tag-enterpriseam","tag-investment-watch","tag-mansour-group","tag-politics","tag-south-korea","wpautop","entry"],"acf":{"mongo_id":"d46d7423-4c4a-4d36-aa4d-0d31bf69d023","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[575944],"teaser":"","voice_url":""},"yoast_head":"\nEgypt in the News on Wednesday, 4 November 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\/11\/04\/egypt-in-the-news-on-wednesday-4-november-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 Wednesday, 4 November 2020\" \/>\n<meta property=\"og:description\" content=\"It\u2019s a mixed bag in the pages of the foreign press this morning... 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Mansour, a UK citizen with a long history in politics there, is being knighted for his service\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","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\/2024\/3\/2714.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648247,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/mansour-group-to-export-700-buses-200-cars-to-ghana\/","url_meta":{"origin":575965,"position":2},"title":"Mansour Group to export 700 buses, 200 cars to Ghana","author":"enterpriseam admin","date":"31 May 2017","format":false,"excerpt":"Ghana\u2019s Private Road Transportation Union is on track to sign a contract with Mansour Group to buy 700 buses and 200 cars, Egypt\u2019s Ambassador to Ghana Mohamed Haidar said, according to Al Borsa. The contract includes the export of 200 buses, 500 mini-buses, and 200 Chevrolet automobiles split between 150\u2026","rel":"","context":"In "Automotive + Transportation"","block_context":{"text":"Automotive + Transportation","link":"https:\/\/enterpriseam.com\/egypt\/category\/automotive-transportation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630019,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/mansour-group-scope-groupe-psa-officially-launch-peugeot-distribution-in-egypt\/","url_meta":{"origin":575965,"position":3},"title":"Mansour Group, Scope, Groupe PSA officially launch Peugeot distribution in Egypt","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"Mansour Group, Scope, Groupe PSA officially launch their Peugeot distribution operation in Egypt: Mansour Group, Dubai-based Scope Investment, and French car manufacturer Groupe PSA have officially launched their new partnership to distribute Peugeot cars in Egypt by releasing two new models, Mansour Group CEO Adel Khedr told Al Mal on\u2026","rel":"","context":"In "Speed Round"","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":637789,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/26\/mansour-group-led-consortium-wins-distribution-rights-for-peugeot-cars\/","url_meta":{"origin":575965,"position":4},"title":"Mansour Group-led consortium wins distribution rights for Peugeot cars","author":"enterpriseam admin","date":"26 November 2017","format":false,"excerpt":"Also from the land of cars this morning: Mansour Group-led consortium wins distribution rights for Peugeot cars: The Peugeot-Citroen arm of Groupe PSA has reportedly selected a consortium of Mansour Group and Dubai-based Scope Investment to be its licensed distributor of Peugeot vehicles in Egypt, Al Borsa reports. 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The investment, made through the group\u2019s UK-based investment arm Man Capital, will see the academy grow\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"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\/575965","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=575965"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575965\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575944"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575965"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575965"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}