{"id":583107,"date":"2023-02-08T00:00:00","date_gmt":"2023-02-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/08\/this-evening-madboulys-privatization-presser-kicking-off-soon-china-isnt-thrilled-with-sleepy-joe\/"},"modified":"2023-02-08T00:00:00","modified_gmt":"2023-02-08T00:00:00","slug":"this-evening-madboulys-privatization-presser-kicking-off-soon-china-isnt-thrilled-with-sleepy-joe","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/08\/this-evening-madboulys-privatization-presser-kicking-off-soon-china-isnt-thrilled-with-sleepy-joe\/","title":{"rendered":"THIS EVENING: Madbouly\u2019s privatization presser kicking off soon + China isn\u2019t thrilled with Sleepy Joe"},"content":{"rendered":"

Good afternoon, wonderful people.<\/span> It\u2019s one of those Wednesdays that seem to be off to a<\/span> slow start, but promises to pick up the pace in the next few hours.<\/span><\/p>\n

THE BIG STORY TODAY<\/span><\/p>\n

<\/span>All eyes are on Madbouly\u2019s privatization presser:<\/span> The Madbouly Cabinet<\/span> kicked off its weekly meeting just a few minutes ago, after which Prime Minister Moustafa Madbouly is expected to hold a press conference to unveil the list of 20+ state-owned companies in which the government plans to offer stakes to strategic investors and \/ or on the EGX this year, <\/span>Youm7<\/a><\/span> reports.<\/span><\/p>\n

THE BIG STORIES ABROAD<\/span><\/p>\n

<\/span>China not happy with Biden\u2019s State of the Union speech:<\/span> Detailed<\/span> breakdowns of US President Joe Biden\u2019s State of the Union address are front page of the foreign press \u2014 including Biden\u2019s seven mentions of China as he called for the country \u201cto seek competition, not conflict\u201d with the US. His comments made pointed references to the balloon shot down over the US on the weekend, which were met with applause from Congress. China maintains that the balloon was an unmanned civilian airship for meteorological research. China\u2019s response has declared its own right to defend the country\u2019s sovereignty, security and development and refutes that the US-China relationship should be defined by competition entirely. <\/span>Over 73 minutes, Biden covered climate change, immigration, healthcare and the economy among other topics, establishing the basis of what several papers reported will form the beginnings of his 2024 stump speech, with the refrain \u201cFinish the job,\u201d hinting at a campaign slogan.<\/span><\/p>\n

The story got ink from: <\/span>Bloomberg<\/a><\/span>| <\/span>WSJ<\/a><\/span>| <\/span>New York Times<\/a><\/span> | <\/span>AP<\/a><\/span>| <\/span>Reuters<\/a><\/span><\/p>\n

ALSO GETTING INK- With a death toll of more than 11k, the aftermath of the Turkey-Syria<\/span> earthquake continues to get top billing<\/span> in the international business press<\/span>. Frustration is growing in the quake stricken areas, more than 50 hours on from the initial tremor, as logistical impediments have slowed the efforts of local and international aid and rescue workers. (<\/span>NYT<\/a><\/span> | <\/span>Washington Post<\/a><\/span> | <\/span>Financial Times<\/a><\/span>)<\/span><\/p>\n

Two Egyptians have been found among the victims of the earthquake,<\/span> the Foreign Ministry <\/span>said<\/a><\/span> yesterday, without disclosing their identities or any other details. Egypt has sent five planes of emergency military aid to the quake zones to help with recovery efforts, <\/span>reported the <\/span>state-run MENA news agency<\/a><\/span>. <\/span><\/p>\n

<\/p>\n

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