{"id":576663,"date":"2020-03-06T03:28:44","date_gmt":"2020-03-06T03:28:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/"},"modified":"2020-03-06T03:28:44","modified_gmt":"2020-03-06T03:28:44","slug":"your-top-5-pieces-of-business-and-economic-news-in-february","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/","title":{"rendered":"Your top 5 pieces of business and economic news in February"},"content":{"rendered":"<p>Your top 5 pieces of business and economic news in February:<\/p>\n<ul>\n<li><strong>The EGP <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f0a75cfd-ef4e-4e7a-859b-61a72a4da882\">reached new three-year highs<\/a><\/strong><strong> against the greenback <\/strong>during the second week of February.<\/li>\n<li><strong>The Egyptian Competition Authority raised questions about two of Egypt\u2019s largest ever M&As<\/strong>, <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3e3869cb-c09d-4732-8eca-b11bd876b270\">forcing Saudi Telecom to submit an MTO<\/a> for 100% of Vodafone Egypt and is considering an intervention to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3af798f4-7695-4a7a-803d-22e70b19121b\">block merger talks<\/a> between Cleopatra Hospitals and Alameda Healthcare.<\/li>\n<li><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a97eb0c2-ba1d-48f6-8104-a8ce67ffd49e\">Non-oil business activity sank to three-year lows<\/a><\/strong><strong> in January<\/strong> amid falling demand and production.<\/li>\n<li><strong>The Egyptian economy <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/979906db-0d5b-4861-86e0-bf60b6684a40\">grew at a 5.6% clip<\/a><\/strong> in 1H2019-2020.<\/li>\n<li><strong>Heliopolis for Housing and Development <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/618264aa-8ffd-45b8-8b1f-45107b38b3ff\">suspended plans to offer a 10% stake + management rights<\/a><\/strong> to private investors amid conflicting accounts of whether the expected bidders actually submitted offers.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in February: The EGP reached new three-year highs against the greenback during the second week of February. The Egyptian Competition Authority raised questions about two of Egypt\u2019s largest ever M&#038;As, forcing Saudi Telecom to submit an MTO for 100% of Vodafone Egypt and is considering an [&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":[9513],"tags":[2604,2611],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-576663","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"9b0cfc36-838d-4cec-a5ed-20ce791a33dc","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576648],"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>Your top 5 pieces of business and economic news in February - 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\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Your top 5 pieces of business and economic news in February\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in February: The EGP reached new three-year highs against the greenback during the second week of February. The Egyptian Competition Authority raised questions about two of Egypt\u2019s largest ever M&amp;As, forcing Saudi Telecom to submit an MTO for 100% of Vodafone Egypt and is considering an [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-06T03:28:44+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\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Your top 5 pieces of business and economic news in February\",\"datePublished\":\"2020-03-06T03:28:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseYourWealth\",\"YOUR TOP 5\"],\"articleSection\":[\"YOUR TOP 5\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/06\/your-top-5-pieces-of-business-and-economic-news-in-february\/\",\"name\":\"Your top 5 pieces of business and economic news in February - 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The Egyptian Competition\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553293,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/06\/your-top-5-pieces-of-business-and-economic-news-in-april-2022\/","url_meta":{"origin":576663,"position":1},"title":"Your top 5 pieces of business and economic news in April 2022","author":"enterpriseam admin","date":"6 May 2022","format":false,"excerpt":"Your top 5 pieces of business and economic news in April: ADQ enters the EGX: Abu Dhabi wealth fund ADQ acquired state-owned stakes in fiveEGX-listed companies for USD 1.8 bn as part of an agreement reached in March to provide Egypt with emergency liquidity in response to the fallout from\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553685,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/05\/your-top-5-pieces-of-business-and-economic-news-in-february-2021\/","url_meta":{"origin":576663,"position":2},"title":"Your top 5 pieces of business and economic news in February 2021","author":"enterpriseam admin","date":"5 March 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in February: Hikma Pharma is odds on to acquire GlaxoSmithKline\u2019s Egypt commercialization and manufacturing assets after the British pharma giant knocked back rival bids by Rameda and Acdima.Egypt sold USD 3.75 bn in USD-denominated eurobonds in its first int\u2019l debt sale\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579444,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/06\/your-top-5-pieces-of-business-and-economic-news-in-december-2023\/","url_meta":{"origin":576663,"position":3},"title":"Your top 5 pieces of business and economic news in December 2023","author":"enterpriseam admin","date":"6 January 2023","format":false,"excerpt":"Your top 5 pieces of business and economic news in December 2023: The IMF approved a USD 3 bn, 46-month loan for Egypt, which is expected to unlock bns of USD of vital funding as the country struggles amid global headwinds.Major banks tightened foreign currency withdrawal limits for Egyptian customers\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545501,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/05\/your-top-5-pieces-of-business-and-economic-news-in-february-2022\/","url_meta":{"origin":576663,"position":4},"title":"Your top 5 pieces of business and economic news in February 2022","author":"enterpriseam admin","date":"5 March 2022","format":false,"excerpt":"Your top 5 pieces of business and economic news in February: A blockbuster acquisition: First Abu Dhabi Bank offered to buy a majority stake in leading financial services corporation EFG Hermes in an all-cash acquisition that values it at EGP 18.5 bn (c. USD 1.2 bn).Inflation on the up: Annual\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":553669,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/05\/your-top-5-pieces-of-business-and-economic-news-in-january\/","url_meta":{"origin":576663,"position":5},"title":"Your top 5 pieces of business and economic news in January","author":"enterpriseam admin","date":"5 February 2021","format":false,"excerpt":"Your top 5 pieces of business and economic news in January: Schools and universities were ordered to move online until mid-February as covid-19 cases surged.Annual headline inflation cooled to 5.4% in December from 5.7% in November.Bank ABC won the bid to acquire Blom Bank Egypt, marking the first of two\u2026","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 5","link":"https:\/\/enterpriseam.com\/egypt\/category\/your-top-5\/"},"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\/576663","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=576663"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/576663\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/wealth\/576648"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=576663"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=576663"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=576663"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=576663"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=576663"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}