{"id":577801,"date":"2022-12-06T04:01:46","date_gmt":"2022-12-06T04:01:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/06\/this-morning-the-enterprise-climate-x-forum-takes-place-today\/"},"modified":"2022-12-06T04:01:46","modified_gmt":"2022-12-06T04:01:46","slug":"this-morning-the-enterprise-climate-x-forum-takes-place-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/06\/this-morning-the-enterprise-climate-x-forum-takes-place-today\/","title":{"rendered":"THIS MORNING: The Enterprise Climate X Forum takes place today"},"content":{"rendered":"

<\/a> Good morning, friends. We\u2019re really looking forward to seeing many of you <\/strong>in a couple of hours\u2019 time at our Enterprise Climate X Forum<\/strong>, which gets underway this morning at 8am at the Grand Egyptian Museum.<\/p>\n

Please join us in thanking the wonderful people who made all this possible:<\/strong> USAID, HSBC, Mashreq, Attijariwafa Bank, Etisalat by e&, Hassan Allam Utilities, and Infinity.<\/p>\n

If you\u2019re attending: Please plan to arrive on time.<\/strong> Our standing networking breakfast is one of the hallmarks of the event. It gets underway at 8am CLT sharp. Traffic in the area surrounding the GEM has been heavy of late, so you will likely want to leave a few minutes early.<\/p>\n

** You will need a special QR code <\/strong>to gain admission to the GEM. Everyone who received and completed our online registration form got their QR code by email on Sunday.<\/p>\n

We regret that overwhelming demand from the community meant we could not welcome everyone <\/strong>who expressed interest in attending.<\/p>\n

STAY TUNED- <\/strong>The Enterprise Climate X Forum is our first large-scale event, but it\u2019s not our last. We look forward to welcoming many more of you at our slate of Enterprise X Forums coming up in 2023.<\/p>\n

** We\u2019re taking a day off from the PM edition today.<\/strong> EnterprisePM will be back in your inboxes at the normal time on Wednesday.<\/p>\n

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WHAT\u2019S HAPPENING TODAY-<\/strong><\/p>\n

It\u2019s day two of <\/strong>Food Africa 2022<\/a><\/strong> at the Egypt International Exhibitions Center.<\/strong> More than 440 exhibitors from 28 countries will be at the food expo, which runs through to tomorrow.<\/p>\n

Samir in the hot seat:<\/strong> Trade and Industry Minister Ahmed Samir will face questions from MPs today on issues facing manufacturers, including on licensing and exports, as well as what the ministry is doing to solve the crisis in the automotive industry.<\/p>\n

LATER THIS WEEK-<\/strong><\/p>\n

President Abdel Fattah El Sisi is in Riyadh later this week<\/strong> to attend the China-Arab summit that will coincide with Chinese President Xi Jinping\u2019s visit to the kingdom, Ala Mas\u2019ouleety\u2019s Ahmed Moussa said last night (watch, runtime: 3:40<\/a>). Some 12-14 Arab leaders are expected to attend the summit which will take place on Friday. The visit by Xi, who is set to arrive in the kingdom tomorrow for talks with King Salman and Crown Prince Mohamed bin Salman, comes amid fraying US-Saudi ties over energy policy and growing nerves in Washington about rising Chinese power in the region.<\/p>\n

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<\/a> WATCH THIS SPACE #1- Some gold merchants have stopped pricing the precious metal<\/strong> amid confusion about the USD price in the wake of October\u2019s devaluation. Local gold prices have surged to record highs this week, with 21 carat gold reaching EGP 1.8k. Demand for gold has surged in the wake of October\u2019s EGP devaluation which has seen the currency fall almost 25% against the USD.<\/p>\n

WATCH THIS SPACE<\/strong> #2- Misr Ins. Holding is in advanced talks to acquire a <\/strong>controlling stake in a healthcare third-party administrator<\/strong> (TPA<\/strong>)<\/strong>, Chairman Basel El Hini told Enterprise yesterday. The company is hoping to close the acquisition within a month, he said. El Hini did not disclose the exact size or value of the stake. The news was originally reported by Al Mal<\/a>.<\/p>\n

SOUND SMART- <\/strong>A TPA is typically an organization that helps streamline admin processes and can help make the ins. process more efficient.<\/p>\n

PSA- Rice hoarders have until Christmas Day to come forward: <\/strong>Rice producers, sellers and distributors now have until 25 December to notify the Supply Ministry of how much rice they\u2019ve stockpiled and where they\u2019re keeping it, the ministry said<\/a> yesterday. The ministry has pushed the deadline from the previously announced 4 December<\/a>.<\/p>\n

REMEMBER- <\/strong>Rice has been designated as a \u201cstrategic commodity<\/a>\u201d for at least three months under efforts to deter traders who try to exploit the shortage of commodities.<\/p>\n

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

WORLD CUP-<\/strong><\/p>\n

Brazil set for Croatia clash in the World Cup quarter-final: <\/strong>Brazil danced its way to the quarter finals of the World Cup last night, sweeping aside South Korea with an impressive 4-1 win. Richarlison bagged one of the goals of the tournament, Neymar converted a penalty, while Vinicius Jr and Lucas Paqueta also got on the scoresheet in the first half. Croatia also booked their place in the next round yesterday, beating Japan on penalties.<\/p>\n

Up today:<\/strong> It\u2019s the final batch of R16 games (all times CLT):<\/p>\n