{"id":581939,"date":"2023-03-01T00:00:00","date_gmt":"2023-03-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/"},"modified":"2023-03-01T00:00:00","modified_gmt":"2023-03-01T00:00:00","slug":"madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/","title":{"rendered":"Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">It was a packed night on talk shows yesterday<\/span><span style=\"\">, with PM Madbouly\u2019s sitd<\/span><span style=\"\">own with <\/span><span style=\"\">Qatari <\/span><span>investors in Doha leading the conversation (for more, see this morning\u2019s What We\u2019re Tracking Today and Investment Watch sections, above). Kelma Akhira (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=ksPjdFfKuqA\" style=\"\">watch, runtime: 4:36<\/a><\/span><span>), Ala Mas\u2019ouleety (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=dnZG8mkGP1g\" style=\"\">watch, runtime: 11:13<\/a><\/span><span>) and <\/span><span>Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=mXFDNnKP2Ls\" style=\"\">watch, runtime: 6:30<\/a><\/span><span style=\"font-weight:400;\">) all had coverage.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">Also getting attention on the airwaves:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">Egypt-Hungary talks:<\/span><span style=\"\"> Yesterday\u2019s meeting between President El Sisi and Hungarian <\/span><span>PM Viktor Orb\u00e1n got coverage from Ala Mas\u2019ouleety (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=fKRbv6lwfcY\" style=\"\">watch, runtime: 15:46<\/a><\/span><span>), Kelma Akhira (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=iDewOHYDkHc\" style=\"\">watch, runtime: 3:31<\/a><\/span><span>) and Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=VOqYAHCH9D4\" style=\"\">watch, runtime: 2:58<\/a><\/span><span style=\"font-weight:400;\">). For more information, head to this morning\u2019s Diplomacy section, below.<\/span><\/li>\n<li><span style=\"font-weight:700\">New fees on tourism companies:<\/span><span style=\"\"> The Tourism Ministry\u2019s decision to impose new fees <\/span><span>on the industry (more details in the news well, above) was also picked up by Kelma Akhira, with Sunrise Resorts Chairman <\/span><span>Hossam El Shaer <\/span><span>calling the move \u201cvery important\u201d for promoting Egypt\u2019s tourism industry (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=nXCm9xuvMtE\" style=\"\">watch, runtime: 8:34<\/a><\/span><span style=\"font-weight:400;\">).<\/span><\/li>\n<li><span style=\"font-weight:700\">Good news for smartphone assemblers:<\/span><span style=\"\"> The House giving final sign off to slashing <\/span><span>customs duties and scrapping development fees on imported mobile components g<\/span><span>ot a mention from Ala Mas\u2019ouleety, with House Planning Committee Chair Fakhri El Fiqi phoning the show on the decision (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=-SUPUnrcF68\" style=\"\">watch, runtime: 6:28<\/a><\/span><span style=\"font-weight:400;\">). \u201cThis will stimulate FDI through assemblers setting up shop in the country,\u201d he said. There\u2019s more in the news well, above,<\/span><\/li>\n<li><span style=\"font-weight:700\">Steel prices surge:<\/span><span style=\"\"> A steel supply crunch has pushed <\/span><span style=\"\">prices up by EGP 2k to reac<\/span><span style=\"\">h <\/span><span>EGP 29-30k, head of the Cairo Chamber of Commerce\u2019s Building Materials Division Ahmed El Zeiny told Yahduth Fi Masr (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=PkdQXLXplik\" style=\"\">watch, runtime: 4:16<\/a><\/span><span style=\"font-weight:400;\">). The shortage came due to some manufacturers lowering supply in the market to focus on exporting steel, he said. <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">ATM Misr <\/span><span style=\"font-weight:700\">inaugurating a <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/ent.news\/2023\/2\/ATM-Misr-x-King-Long-PRL-EN-V2.pdf\" style=\"\">EGP 1 bn bus factory<\/a><\/span><span style=\"font-weight:700\"> in New Suez City also got the spotlight, <\/span><span>with the company\u2019s Managing Director Amr Al Kouatli telling Kelma Akhira that the plan has been in the works for some 7-8 years now (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=H10NDK4jo8s\" style=\"\">watch, runtime: 5:26<\/a><\/span><span>). He said work on the factory lagged due to recent economic conditions, including the pandemic. The Saudi-owned player will deliver 51 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.king-long.com\/\" style=\"\">King Long<\/a><\/span><span> Chinese <\/span><span>busses to <\/span><span>KSA\u2019s <\/span><span style=\"font-weight:400;\">National Trading Company Al Koutali said, serving the pilgrimage, education and public transport markets. He said local production input in the vehicles will be as high as 60%. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Expect the first batch of finished buses to be exported to Saudi Arabia within the next 1.5 <\/span><span style=\"font-weight:700\">months<\/span><span>, he said. The new factory also got coverage from Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=OPXjZHlKPpA\" style=\"\">watch, runtime: 15:38<\/a><\/span><span>) and Masa\u2019a DMC (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=IukkvVNNpDU\" style=\"\">watch, runtime: 1:00<\/a><\/span><span style=\"font-weight:400;\">)<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was a packed night on talk shows yesterday, with PM Madbouly\u2019s sitdown with Qatari investors in Doha leading the conversation (for more, see this morning\u2019s What We\u2019re Tracking Today and Investment Watch sections, above). Kelma Akhira (watch, runtime: 4:36), Ala Mas\u2019ouleety (watch, runtime: 11:13) and Al Hayah Al Youm (watch, runtime: 6:30) all had [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":581940,"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":[317,168,72,106,281,1389,238,7193],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-581939","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-commodities","tag-diplomacy","tag-enterpriseam","tag-last-nights-talk-shows","tag-moustafa-madbouly","tag-pif","tag-tourism","tag-united-bank","wpautop","entry"],"acf":{"mongo_id":"51ebd4a4-0aee-4458-b671-42bcc59fbd3a","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/kelma-akhira-madbouly-qatar-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[581921],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.61268b67-c815-43dd-9225-894c3bb9f010.mp3"},"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>Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations - 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\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations\" \/>\n<meta property=\"og:description\" content=\"It was a packed night on talk shows yesterday, with PM Madbouly\u2019s sitdown with Qatari investors in Doha leading the conversation (for more, see this morning\u2019s What We\u2019re Tracking Today and Investment Watch sections, above). Kelma Akhira (watch, runtime: 4:36), Ala Mas\u2019ouleety (watch, runtime: 11:13) and Al Hayah Al Youm (watch, runtime: 6:30) all had [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-01T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/kelma-akhira-madbouly-qatar-1600px.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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations\",\"datePublished\":\"2023-03-01T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\"},\"wordCount\":437,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/kelma-akhira-madbouly-qatar-1600px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"DIPLOMACY\",\"EnterpriseAM\",\"LAST NIGHT\u2019S TALK SHOWS\",\"Moustafa Madbouly\",\"PIF\",\"tourism\",\"United Bank\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/01\/madbouly-seeks-to-assure-qatari-investors-on-a-near-end-of-exchange-rate-fluctuations\/\",\"name\":\"Madbouly seeks to assure Qatari investors on a near end of exchange rate fluctuations - 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El Hekaya\u2019s Amr Adib took note of the Madbouly government\u2019s new covid restrictions (watch, runtime: 1:48), which Lamees covered in detail (see Speed Round, below).","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":577899,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/08\/last-nights-talk-shows-madbouly-has-a-plan-to-solve-fx-woes\/","url_meta":{"origin":581939,"position":4},"title":"Last Night\u2019s Talk Shows: Madbouly has a plan to solve FX woes","author":"enterpriseam admin","date":"8 December 2022","format":false,"excerpt":"It was a slow night on talk shows yesterday \u2014 sans Lamees Hadidi and Amr Adib","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","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\/159.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":577386,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/21\/last-nights-talk-shows-cop27-and-the-world-cup-dominate-the-conversation-on-the-talk-shows\/","url_meta":{"origin":581939,"position":5},"title":"Last Night\u2019s Talk Shows: COP27 and the World Cup dominate the conversation on the talk shows","author":"enterpriseam admin","date":"21 November 2022","format":false,"excerpt":"It was a mixed bag on talk shows yesterday: Leading the coverage was the final agreement at COP27, the \u201chistoric\u201d handshake between El Sisi and Erdogan at the World Cup, and Qatar\u2019s defeat to Ecuador in the opening game of the tournament.COP wrap: In an interview on Al Hayah Al\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581939","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=581939"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/581939\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/581921"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/581940"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=581939"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=581939"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=581939"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=581939"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=581939"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}