{"id":576763,"date":"2020-06-05T07:00:57","date_gmt":"2020-06-05T07:00:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/"},"modified":"2020-06-05T07:00:57","modified_gmt":"2020-06-05T07:00:57","slug":"your-top-5-pieces-of-business-and-economic-news-in-may","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/","title":{"rendered":"Your top 5 pieces of business and economic news in May"},"content":{"rendered":"<p>Your top 5 pieces of business and economic news in May:<\/p>\n<ul>\n<li>The IMF\u2019s USD 2.8 bn rapid financing instrument <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/11bab53b-215b-4264-9f9f-0134b47a0e99\">landed in Egypt<\/a> to help support the country\u2019s balance of payments.<\/li>\n<li>The Madbouly Cabinet <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e8865f7-5cd2-4c12-9ce9-ed5dcdbd6d18\">approved a draft law<\/a> to impose a 1% tax on everyone\u2019s salary, except those earning less than EGP 2k a month.<\/li>\n<li>Egypt\u2019s purchasing managers\u2019 index (PMI) <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8dc78446-e13d-4a25-b20d-ff1e77989f2b\">plunged to a record low<\/a> of 29.7 in April on muted demand.<\/li>\n<li><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8ff7c31-d68b-4d6c-8c97-b7a2992128a2\">Parliament approved<\/a> the long-awaited Banking and Central Bank Act with new provisions.<\/li>\n<li>Hotels began <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c77abca3-96eb-4f3f-a1c6-85d5e4eaa0e8\">reopening to domestic tourists<\/a> under strict conditions.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Your top 5 pieces of business and economic news in May: The IMF\u2019s USD 2.8 bn rapid financing instrument landed in Egypt to help support the country\u2019s balance of payments. The Madbouly Cabinet approved a draft law to impose a 1% tax on everyone\u2019s salary, except those earning less than EGP 2k a month. Egypt\u2019s [&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-576763","post","type-post","status-publish","format-standard","hentry","category-your-top-5","tag-enterpriseyourwealth","tag-your-top-5","wpautop","entry"],"acf":{"mongo_id":"3be6ad9a-0ca7-4db9-ab2d-e55339bdb696","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[576755],"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 May - 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\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\" \/>\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 May\" \/>\n<meta property=\"og:description\" content=\"Your top 5 pieces of business and economic news in May: The IMF\u2019s USD 2.8 bn rapid financing instrument landed in Egypt to help support the country\u2019s balance of payments. The Madbouly Cabinet approved a draft law to impose a 1% tax on everyone\u2019s salary, except those earning less than EGP 2k a month. Egypt\u2019s [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-06-05T07:00:57+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Your top 5 pieces of business and economic news in May\",\"datePublished\":\"2020-06-05T07:00:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\"},\"wordCount\":102,\"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\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\",\"name\":\"Your top 5 pieces of business and economic news in May - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-06-05T07:00:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/06\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Your top 5 pieces of business and economic news in May\"}]},{\"@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":"Your top 5 pieces of business and economic news in May - 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\/05\/your-top-5-pieces-of-business-and-economic-news-in-may\/","og_locale":"en_US","og_type":"article","og_title":"Your top 5 pieces of business and economic news in May","og_description":"Your top 5 pieces of business and economic news in May: The IMF\u2019s USD 2.8 bn rapid financing instrument landed in Egypt to help support the country\u2019s balance of payments. 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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":576784,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/07\/03\/your-top-5-pieces-of-business-and-economic-news-in-may-2\/","url_meta":{"origin":576763,"position":1},"title":"Your top 5 pieces of business and economic news in May","author":"enterpriseam admin","date":"3 July 2020","format":false,"excerpt":"Your top 5 pieces of business and economic news in June: IMF","rel":"","context":"In &quot;YOUR TOP 5&quot;","block_context":{"text":"YOUR TOP 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