{"id":577860,"date":"2022-12-07T04:00:27","date_gmt":"2022-12-07T04:00:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/07\/moroccos-world-cup-win-the-imf-get-attention-on-the-talk-shows\/"},"modified":"2022-12-07T04:00:27","modified_gmt":"2022-12-07T04:00:27","slug":"moroccos-world-cup-win-the-imf-get-attention-on-the-talk-shows","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/07\/moroccos-world-cup-win-the-imf-get-attention-on-the-talk-shows\/","title":{"rendered":"Morocco\u2019s World Cup win + the IMF get attention on the talk shows"},"content":{"rendered":"

It was a mixed bag on talk shows yesterday<\/strong>, with many of the talking heads cheering Morocco\u2019s Lions historic World Cup win against Spain, and Kelma Akhira\u2019s Lamees El Hadidi discussing the IMF loan, which will be discussed by the executive board next week.<\/p>\n

Nothing is impossible<\/strong>: An ecstatic Lamees El Hadidi dedicated most of her show to celebrating Morocco\u2019s World Cup victory against Spain yesterday, \u201cImpossible is nothing with determination and perseverance\u2026impossible is nothing in football,\u201d she said (watch, runtime: 4:53<\/a>). Morocco\u2019s win is also getting cheers from Masaa DMC (watch, runtime: 13:54<\/a>).<\/p>\n

A reminder of our 3rd program with the IMF:<\/strong> Following yesterday\u2019s news that the IMF executive board will discuss Egypt\u2019s request for a new loan program, Kelma Akhira\u2019s El Hadidi reminded viewers about the details of the staff-level agreement reached in October (watch, runtime: 4:35<\/a>).<\/p>\n

An IMF approval would count as a \u201cgreen light\u201d fo<\/strong>r investments by foreign and Arab <\/strong>investors<\/strong>, House Budget and Planning Committee Chairman Fakhri El Fiqi told El Hadidi (watch, runtime: 11:22<\/a>). \u201cEgypt is on the right track,\u201d El Fiqi said, looking to send a message of reassurance on the importance of the loan for the economy.<\/p>\n

REMEMBER- <\/strong>Our Gulf allies have pledged to provide<\/a> more than USD 20 bn in investment and funding for Egypt as they move to help shore up the country\u2019s FX reserves amid global fallout from Russia\u2019s war in Ukraine.<\/p>\n

El Fiqi<\/strong> dismissed speculation about a fresh devaluation<\/strong>, saying that \u201cthe [exchange rate] has already devalued in October\u201d and blaming rumors for what he said were higher rates on the still-anemic parallel market. His statements come amid speculation from some analysts<\/a> and MPs<\/a> that the currency could lose value again, with 12-month non-deliverable forward<\/a> now changing hands at EGP 30 to the USD. The EGP closed yesterday at 24.64 to the greenback. Enterprise readers told us in September<\/a> that they expected the USD to be changing hands at EGP 23-24 next year.<\/p>\n

The gold market is being hit by uncertainty over the currency right now<\/strong>, which led some merchants to this week stop pricing<\/a> the precious metal. 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

Expect EGP 1.8k \u201cto be the norm\u201d into next year<\/strong>, according to Amir Rizk, member of the Gold Division at the Chamber of Commerce. He told Yahduth Fi Masr\u2019s Sherif Amer last night that he expects prices to decline towards the new year but will then pick back up again towards record highs (watch, runtime: 5:55<\/a>).<\/p>\n

MEANWHILE- The National Dialogue guest list: <\/strong>The National Dialogue\u2019s board of trustees began to discuss yesterday who will participate, with the guest list set to include politicians, NGOs, experts and others, board member Talaat Abdel Qawy told Al Hayah Al Youm (watch, runtime: 9:40<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

It was a mixed bag on talk shows yesterday, with many of the talking heads cheering Morocco\u2019s Lions historic World Cup win against Spain, and Kelma Akhira\u2019s Lamees El Hadidi discussing the IMF loan, which will be discussed by the executive board next week. Nothing is impossible: An ecstatic Lamees El Hadidi dedicated most of […]<\/p>\n","protected":false},"author":1,"featured_media":577861,"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":[7232],"tags":[104,72,7093,272,106,316,537],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-577860","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-economy","tag-enterpriseam","tag-gold","tag-imf","tag-last-nights-talk-shows","tag-morocco","tag-spain","wpautop","entry"],"acf":{"mongo_id":"ebf2aece-84cf-488f-9790-2de37da5f847","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/12\/132.jpg","photo_position":"above","related_issue":[577842],"teaser":"","voice_url":""},"yoast_head":"\nMorocco\u2019s World Cup win + the IMF get attention on the talk shows - 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\/2022\/12\/07\/moroccos-world-cup-win-the-imf-get-attention-on-the-talk-shows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morocco\u2019s World Cup win + the IMF get attention on the talk shows\" \/>\n<meta property=\"og:description\" content=\"It was a mixed bag on talk shows yesterday, with many of the talking heads cheering Morocco\u2019s Lions historic World Cup win against Spain, and Kelma Akhira\u2019s Lamees El Hadidi discussing the IMF loan, which will be discussed by the executive board next week. 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Wearing a red blazer and a green scarf in a probable nod to the Moroccan flag, Kelma\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/190.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577983,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/12\/last-nights-talk-shows-debates-over-new-licensing-rules-for-shops-building-reconciliation-law\/","url_meta":{"origin":577860,"position":1},"title":"Last Night\u2019s Talk Shows: Debates over new licensing rules for shops + building reconciliation law","author":"enterpriseam admin","date":"12 December 2022","format":false,"excerpt":"It was a mixed bag on the talk shows last night, with debate over security approvals required for shops under the Public Shops Law a big topic of debate. We have more in the morning\u2019s news well, above. A bumpy road for wildcat building reconciliation law? Draft legislation to speed\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/225.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575629,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/21\/egypts-talk-shows-mahmoud-mohieldin-on-the-imf-board-expat-vote-in-house-elex\/","url_meta":{"origin":577860,"position":2},"title":"Egypt\u2019s talk shows: Mahmoud Mohieldin on the IMF board + expat vote in House elex","author":"enterpriseam admin","date":"21 October 2020","format":false,"excerpt":"Aside from the rainfall we\u2019re expecting over the next few days, veteran economist Mahmoud Mohieldin\u2019s appointment to the IMF executive board was the most popular topic on the airwaves last night. Mohieldin made the rounds on the airwaves to talk about his responsibilities as a board member, including representing the\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":549111,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/04\/the-economy-dominated-proceedings-on-the-airwaves-last-night\/","url_meta":{"origin":577860,"position":3},"title":"The economy dominated proceedings on the airwaves last night","author":"enterpriseam admin","date":"4 September 2022","format":false,"excerpt":"Lamees El Hadidi and Amr Adib returned to our screens yesterday to serve up a night dominated by the economy.The IMF\u2019s loan conditions got a mention on Kelma Akhira, where Lamees El Hadidi was singing from the same hymn sheet as Finance Minister Mohamed Maait, telling the viewers that the\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":568261,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/23\/last-nights-talk-shows-on-23-december-2020\/","url_meta":{"origin":577860,"position":4},"title":"Last Night\u2019s Talk Shows on 23 December 2020","author":"enterpriseam admin","date":"23 December 2020","format":false,"excerpt":"The highlight of last night\u2019s talk shows: IMF executive board member Mahmoud Mohieldin\u2019s chat with Kelma Akhira\u2019s Lamees El Hadidi on prospects for individual Arab economies and the global economy at large heading into 2021 (watch, runtime: 31:39).Egypt must stay the course on reforms and start moving towards its plans\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/397.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562463,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/25\/last-nights-talk-shows-biden-and-el-sisis-call-imfs-mohieldin-on-covid-19-outlook\/","url_meta":{"origin":577860,"position":5},"title":"Last Night\u2019s Talk Shows: Biden and El Sisi\u2019s call + IMF\u2019s Mohieldin on covid-19 outlook","author":"enterpriseam admin","date":"25 May 2021","format":false,"excerpt":"President Abdel Fattah El Sisi and US President Joe Biden\u2019s phone call yesterday on reinforcing the Palestine-Israel ceasefire and reviving the peace process was in the limelight on last night\u2019s talk shows. Ala Mas\u2019ouleety\u2019s Ahmed Moussa (watch, runtime: 5:35) and Masaa DMC\u2019s Jasmine Zaky (watch, runtime: 3:58) had cut-and-dry coverage,\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"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\/577860","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=577860"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/577860\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/577842"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/577861"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=577860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=577860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=577860"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=577860"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=577860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}