{"id":578944,"date":"2023-01-19T04:15:08","date_gmt":"2023-01-19T04:15:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/"},"modified":"2023-01-19T04:15:08","modified_gmt":"2023-01-19T04:15:08","slug":"this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/","title":{"rendered":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed"},"content":{"rendered":"<p><strong>Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed <\/strong><strong>issue for you this morning <\/strong>before you slide into what we hope will be a wonderful weekend.<\/p>\n<p><strong>Speaking of weekends: <\/strong>Next Thursday, 26 January will be a paid holiday for public and private sector workers to mark Police Day and the 25 January revolution, which both fall on the preceding Wednesday, Prime Minister Moustafa Madbouly confirmed in a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0VonKHQF2H5k43aNkfwBSdizXSgimX2CyiUgeaNYy7jfLduBN4r3hV5KPypWwVzzMl\">statement<\/a>. <strong>Expect the central bank and stock exchange to make their announcements <\/strong>following suit between today and early next week.<\/p>\n<p><strong>Next week will be our last long weekend until late in Ramadan<\/strong>, when we will observe holidays for Easter and Sham El Nessim.<\/p>\n<p><strong>PSA- Attention fellow iSheep, a new Mac just dropped. <\/strong>Apple unveiled its latest MacBook Pro in a surprise <a href=\"https:\/\/www.apple.com\/eg\/newsroom\/2023\/01\/apple-unveils-macbook-pro-featuring-m2-pro-and-m2-max\/\">announcement<\/a> on Tuesday. The new Mac is powered by the M2 Pro and M2 Max chips, which the company is calling \u201cthe world\u2019s most powerful and efficient chip for a pro laptop.\u201d It also refreshed its Mac Mini line, also with M2 processors. And yesterday, <strong>Apple announced a new HomePod<\/strong>, after having had only the \u201cmini\u201d version of the smart speaker in its lineup for some time.<\/p>\n<p><strong>Catch the video for the MacBook Pro here <\/strong>(<a href=\"https:\/\/www.youtube.com\/watch?v=6Ij9PiehENA\">watch, runtime 18:54<\/a>), or see its announcements about the <a href=\"https:\/\/www.apple.com\/newsroom\/2023\/01\/apple-unveils-macbook-pro-featuring-m2-pro-and-m2-max\/\">MacBook Pro<\/a>, <a href=\"https:\/\/www.apple.com\/newsroom\/2023\/01\/apple-introduces-new-mac-mini-with-m2-and-m2-pro-more-powerful-capable-and-versatile-than-ever\/\">Mac Mini<\/a>, <a href=\"https:\/\/www.apple.com\/newsroom\/2023\/01\/apple-introduces-the-new-homepod-with-breakthrough-sound-and-intelligence\/\">HomePod<\/a> or the <a href=\"https:\/\/www.apple.com\/newsroom\/2023\/01\/apple-unveils-m2-pro-and-m2-max-next-generation-chips-for-next-level-workflows\/\">M2 chip series<\/a>.<\/p>\n<p><strong>SIGN OF THE TIMES- More job cuts in the tech scene:<\/strong><\/p>\n<ul>\n<li><strong>Microsoft <\/strong>is planning to let go of some 10k employees before the end of March. (<a href=\"https:\/\/www.wsj.com\/articles\/microsoft-lays-off-10-000-as-slowdown-hits-software-business-11674051698?mod=hp_lead_pos1\">WSJ<\/a>)<\/li>\n<li><strong>Amazon <\/strong>has kicked off a round of layoffs set to affect some 18k employees globally. (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-18\/amazon-is-set-for-new-round-of-job-cuts-affecting-18-000-people?srnd=industries-v2&sref=mmeFTDW1\">Bloomberg<\/a>)<\/li>\n<\/ul>\n<p><strong>HAPPENING TODAY- <\/strong><\/p>\n<p><strong>THE BIG STORY ABROAD- It\u2019s all Davos, all the time as the global gathering enters day <\/strong><strong>four:<\/strong> Today\u2019s sessions at the World Economic Forum kick off at 9:15 CLT and run until 7pm. Here are some sessions we\u2019ll be keeping out eyes on:<\/p>\n<ul>\n<li>A session on <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/reigniting-growth-in-africa\">reigniting growth in Africa<\/a>and what action is needed to boost economic diversification and private sector potential in the region at 10am;<\/li>\n<li>An <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/special-address-by-yoon-suk-yeol-president-of-the-republic-of-korea\">address by South Korea\u2019s President Yoon Suk Yeol<\/a> at 12:30pm;<\/li>\n<li>A session titled<a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/arab-economies-converging\">\u201cArab Economies Converging?\u201d<\/a> focusing on deeper economic ties in the region, feat. Iraqi President Abdulatif Rashid and Jordanian PM Bisher Hani Al Khasawneh at 2:15pm;<\/li>\n<li>A session dubbed <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/the-different-roads-to-energy-transition\">\u201cThe Different Roads to Energy Transition\u201d<\/a> at 5:15pm.<\/li>\n<\/ul>\n<p><strong>Taking the stage from our side:<\/strong> International Cooperation Minister Rania Al Mashat will be among the speakers at a press conference titled <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/new-frontiers-for-diversity-equity-and-inclusion\">\u201cNew Frontiers for Diversity, Equity and Inclusion\u201d<\/a> at 4pm. She\u2019ll also be speaking <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/30x30-ambition\">about next steps<\/a>after the adoption of a new Global Biodiversity Framework in Montreal at 6:30pm, and will be participating in a session on <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/how-to-turbocharge-development-finance\">development finance<\/a> on Friday. Planning Minister Hala El Said will take the stage in a session titled <a href=\"https:\/\/www.weforum.org\/events\/world-economic-forum-annual-meeting-2023\/sessions\/between-liquidity-and-fragility-reforming-in-mena\">\u201cBetween Liquidity and Fragility: Reforming in MENA\u201d<\/a> at 6:30pm.<\/p>\n<p><strong>ICYMI- What went down in Davos yesterday?<\/strong><\/p>\n<p><strong>An Egyptian privatization update from the slopes:<\/strong> Egypt is seeing \u201cgreat demand from different investors, high net worth individuals, sovereign funds,\u201d to buy stakes in state-owned assets under the government\u2019s privatization strategy, Planning Minister and Sovereign Fund of Egypt chair Hala El Said is quoted as telling <a href=\"https:\/\/www.reuters.com\/world\/middle-east\/davos-2023-egypt-sees-high-demand-investors-after-currency-drop-minister-2023-01-18\/\">Reuters<\/a> at Davos. El Said expects we could <strong>raise some USD 2-2.5 bn through<\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/39b38d90-ccca-4a8f-8625-6aa2e0185967\">strategic stake sales<\/a><\/strong><strong> in 1H 2022 <\/strong>ahead of listing state-owned companies on the bourse, she reportedly told Reuters.<\/p>\n<p><strong>\u201cThere is a lot of appetite to the Egyptian economy.<\/strong> I think definitely the stock market is at its best now,\u201d El Said said. On the depreciation of the EGP, she said, \u201cI think it's a temporary issue and we have taken already the necessary measures in the liberalization of the exchange rate and in rationalizing the foreign component of expenditure that we have, and also in terms of offering the right investment climate to ensure the influx of foreign exchange coming from FDI.\u201d<\/p>\n<p><strong>Inflation is expected to fall during the second half of the year to between 7-9% by the end<\/strong><strong> of 2023<\/strong>, El Said told <a href=\"https:\/\/bit.ly\/3GIiuPO\">Bloomberg Asharq<\/a>. Inflation hit a fresh five-year high of 21.3% in December.<\/p>\n<p><strong>Saudi assistance will come with strings attached: <\/strong>Saudi Arabia wants to shift away from providing unconditional foreign assistance, Saudi Finance Minister Mohammed Al Jadaan said at Davos yesterday, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-18\/saudi-arabia-says-days-of-unconditional-foreign-aid-are-now-over?srnd=politics-vp#xj4y7vzkg\">Bloomberg<\/a>. Once a financier of direct grants and deposits \u201cwithout strings,\u201d Al-Jadaan said that future development assistance will be conditional on promises of economic reform. \u201cWe want to be a role model for the region\u2026we are encouraging a lot of the countries around us to really do reforms\u201d, Bloomberg quotes Al-Jadaan as saying.<\/p>\n<p><strong>Why we care:<\/strong> The kingdom has been a key backer of our economy for years and stepped up again amid the fallout of the war in Ukraine to deposit USD 5 bn at the Central Bank of Egypt. Saudi Arabia is also investing heavily here in a further boost to our external position, last year establishing an <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/358b6591-3db7-4fa1-bb2f-de2e69e31cc8\">Egyptian arm<\/a> of its sovereign wealth fund PIF to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/316415e5-ccc3-42ca-b442-80dd3b8b2e16\">buy USD 1.3 bn worth of stakes<\/a> in EGX-listed firms, the first of <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ce28f2c9-69b3-4c78-b2ab-1eb5d194e101\">USD 10 bn worth<\/a> of pledged investments.<\/p>\n<p><strong>NOT IN DAVOS-<\/strong><\/p>\n<p><strong>Leaders of the Gulf Cooperation Council met in Abu Dhabi yesterday<\/strong> along with <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b252d5fc-e5e3-41f9-a8ca-8c9cf8c17127\">President Abdel Fattah El Sis<\/a>i and Jordan\u2019s King Abdullah II, Emirati official news agency <a href=\"https:\/\/wam.ae\/ar\/details\/1395303120189\">WAM<\/a> reports, without giving the specifics on what was discussed. The Egyptian and Jordanian leaders attended the GCC meeting one day after <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e4c6979-c24d-4894-84f2-372cec00a74e\">their summit<\/a> with Palestinian President Mahmoud Abbas in Cairo to discuss escalating tensions in the Israeli-Palestine conflict. .<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Hurghada solar tender pushed to February:<\/strong> A planned tender for a <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant-2\/\">20-MW solar<\/a><a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/02\/jica-and-nrea-sign-usd-106-mn-loan-for-20-mw-hurghada-solar-power-plant-2\/\">plant in Hurghada<\/a> has been postponed to 22 February from 23 January, so bidders can reassess their figures following the recent volatility in the USD-EGP exchange rate, a source at the Electricity Ministry told Enterprise. Seven consortiums purchased the tender booklet ahead of potential bids.<\/p>\n<p><strong>Italian Deputy Prime Minister and Foreign Minister Antonio Tajani will visit Egypt<\/strong> this coming Saturday, 21 January and Sunday, 22 January, Italy\u2019s <a href=\"https:\/\/www.agenzianova.com\/en\/news\/Tajani-and-Piantadosi-in-Tunis-for-the-stability-of-the-Mediterranean-and-the-fight-against-migration\/\">Agenzia Nova<\/a> reports.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed issue for you this morning before you slide into what we hope will be a wonderful weekend. Speaking of weekends: Next Thursday, 26 January will be a paid holiday for public and private sector workers to mark Police Day and the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":578945,"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":[7204],"tags":[72,2234,727,150,587,74,436],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-578944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-foreign-exchange","tag-hala-el-said","tag-renewable-energy","tag-state-privatization-program","tag-what-were-tracking-today","tag-world-economic-forum","wpautop","entry"],"acf":{"mongo_id":"6f7c2757-6064-4f23-bee8-7237d6ba19ab","order":"0","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/1\/325.jpg","photo_position":"above","related_issue":[578942],"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>THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed - 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\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed issue for you this morning before you slide into what we hope will be a wonderful weekend. Speaking of weekends: Next Thursday, 26 January will be a paid holiday for public and private sector workers to mark Police Day and the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-19T04:15:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1\" \/>\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=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed\",\"datePublished\":\"2023-01-19T04:15:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\"},\"wordCount\":1063,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"foreign exchange\",\"Hala El Said\",\"renewable energy\",\"state privatization program\",\"What We're Tracking Today\",\"World Economic Forum\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\",\"name\":\"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-01-19T04:15:08+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed\"}]},{\"@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":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed - 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\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed","og_description":"Good morning, friends, and happy THURSDAY to you all. We have an absolutely packed issue for you this morning before you slide into what we hope will be a wonderful weekend. Speaking of weekends: Next Thursday, 26 January will be a paid holiday for public and private sector workers to mark Police Day and the [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-01-19T04:15:08+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed","datePublished":"2023-01-19T04:15:08+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/"},"wordCount":1063,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","foreign exchange","Hala El Said","renewable energy","state privatization program","What We're Tracking Today","World Economic Forum"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/","name":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1","datePublished":"2023-01-19T04:15:08+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/19\/this-morning-in-davos-el-said-talks-up-privatization-and-investor-appetite-in-egypt-plus-hurghada-solar-tender-pushed\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: In Davos, El Said talks up privatization and investor appetite in Egypt. PLUS: Hurghada solar tender pushed"}]},{"@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\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/325.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":548876,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/25\/this-morning-abdallas-first-week-as-cbe-governor-egypts-second-regional-climate-roundtable-takes-place-today\/","url_meta":{"origin":578944,"position":0},"title":"THIS MORNING: Abdalla's first week as CBE governor + Egypt's second regional climate roundtable takes place today","author":"enterpriseam admin","date":"25 August 2022","format":false,"excerpt":"Good morning, friends, and happy FRIDAY to you all. The banking sector and our ongoing FX crunch are the big story here at home as we prepare to slide into one of the final weekends of summer. Central Bank of Egypt Governor Hassan Abdalla closed out his first full week\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":579364,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/05\/this-morning-a-big-week-for-privatization-its-pmi-day\/","url_meta":{"origin":578944,"position":1},"title":"THIS MORNING: A big week for privatization + It\u2019s PMI day","author":"enterpriseam admin","date":"5 February 2023","format":false,"excerpt":"Is this the week? Prime Minister Moustafa Madbouly is expected to reveal the list of at least 20 state-owned companies that the government plans to offer stakes in this year. At a presser last week, the PM said he would announce the details of the government\u2019s privatization program following the\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/64.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":588166,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/07\/some-foreign-investors-are-starting-to-believe-were-serious-about-privatization\/","url_meta":{"origin":578944,"position":2},"title":"Some foreign investors are starting to believe we\u2019re serious about privatization","author":"enterpriseam admin","date":"7 June 2023","format":false,"excerpt":"Egypt\u2019s USD bonds have outperformed EMs this week as investors bet on privatization","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/356.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568284,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/24\/what-were-tracking-on-24-december-2020\/","url_meta":{"origin":578944,"position":3},"title":"What we\u2019re tracking on 24 December 2020","author":"enterpriseam admin","date":"24 December 2020","format":false,"excerpt":"Good morning, everyone, and a very Merry Christmas to all those who are observing tomorrow. We made it through another week together \u2014 and have a pleasantly quiet issue for you this Christmas Eve morning.Last orders on the NYSE and Nasdaq will be at 1pm Eastern today while the closing\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547552,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/27\/this-morning-back-to-the-grain-state-privatization-plans-tick-on\/","url_meta":{"origin":578944,"position":4},"title":"THIS MORNING: Back to the grain + State privatization plans tick on","author":"enterpriseam admin","date":"27 June 2022","format":false,"excerpt":"We have three working days left to the long weekend, ladies and gentlemen. And yes, we\u2019re counting every day. On that note\u2026Bank holiday confirmed: The Central Bank of Egypt (CBE) has confirmed that it will be off this coming Thursday in observance of the 30 June Revolution. Prime Minister Moustafa\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":547046,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/this-morning-privatization-privatization-privatization\/","url_meta":{"origin":578944,"position":5},"title":"THIS MORNING: Privatization, privatization, privatization","author":"enterpriseam admin","date":"7 June 2022","format":false,"excerpt":"Good morning, friends, and happy hump day. We\u2019re counting the hours until we can enjoy Semsema and Stavolta this afternoon with the whole team on the roof of Enterprise Global Headquarters here in the People\u2019s Democratic Republic of Maadi. What are you doing today to break the midweek blues?THE BIG\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"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\/578944","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=578944"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/578944\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/578942"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/578945"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=578944"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=578944"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=578944"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=578944"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=578944"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}