{"id":583721,"date":"2023-03-20T00:00:00","date_gmt":"2023-03-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/20\/russia-egypt-look-to-boost-investment-and-trade-plus-adib-mastercard-israel-palestine\/"},"modified":"2023-03-20T00:00:00","modified_gmt":"2023-03-20T00:00:00","slug":"russia-egypt-look-to-boost-investment-and-trade-plus-adib-mastercard-israel-palestine","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/20\/russia-egypt-look-to-boost-investment-and-trade-plus-adib-mastercard-israel-palestine\/","title":{"rendered":"Russia, Egypt look to boost investment and trade. PLUS: ADIB, Mastercard, Israel-Palestine"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DIPLOMACY-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Palestine and Israel have agreed to set up a \u201cmechanism to curb and <\/span><span style=\"font-weight:700\">counter violence, incitement and inflammatory statements\u201d<\/span><span> during talks in Sharm El Sheikh attended by Egyptian, Jordanian and US officials yesterday, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/photo\/?fbid=530647322578452&set=pcb.530648329245018\" style=\"\">a statement<\/a><\/span><span style=\"font-weight:400;\">. Israel has also agreed to postpone discussions on establishing new settlement units in the occupied West Bank for four months and to end authorizing illegal outposts for six months. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">INVESTMENT-<\/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\">More Russian investment incoming?<\/span><span style=\"\"> President Abdel Fattah El Sisi sat with a Russian <\/span><span>delegation headed by Deputy Prime Minister and Trade Minister Denis Manturov yesterday. The meeting focused on Russian investment and joint ventures in Egypt, <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid02hsXNFoxiHAvoAVzKKCx4pDJBZhSdKib474thDKKSTHsDdxE7btg7kQmnwv12f47cl\" style=\"\">Ittihadiya<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid02hsXNFoxiHAvoAVzKKCx4pDJBZhSdKib474thDKKSTHsDdxE7btg7kQmnwv12f47cl\" style=\"\">said<\/a><\/span><span>. Among the priority industries: grains and food, manufacturing, agriculture, and energy, according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"http:\/\/government.ru\/en\/news\/48032\/\" style=\"\">a readout<\/a><\/span><span style=\"font-weight:400;\"> from the Russian government.<\/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\">A push for the Egyptian-Eurasian trade agreement: <\/span><span style=\"\">\u201cConsiderable progress has been made since the launch of this process in 2019 \u2026 we are looking forward to reaching the final agreements as soon as possible,\u201d Manturov said. <\/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;\">CONSUMER FINANCE- <\/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\">Abu Dhabi Islamic Bank (ADIB) Egypt<\/span><span style=\"\"> intends to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3ZZVMLs\" style=\"\">launch a digital consumer finance company<\/a><\/span><span>in 2H <\/span><span>2023, and is working with the Finance Ministry to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3LCBxPW\" style=\"\">issue EGP-denominated sukuk<\/a><\/span><span>.<\/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;\">FINTECH- <\/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\">Mastercard<\/span><span style=\"\"> is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.mastercard.com\/news\/eemea\/en\/newsroom\/press-releases\/press-releases\/en\/2023\/march\/etisalat-by-e-egypt-and-mastercard-partnership-will-redefine-digital-experience-and-commerce-for-millions-in-egypt\/\" style=\"\">launching<\/a><\/span><span style=\"\"> an e-wallet in Egypt with a telecom company. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>ADIB is also getting into sukuk<\/p>\n","protected":false},"author":1,"featured_media":583722,"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":[7209],"tags":[111,514,168,72,183,125,865,6795],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-583721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-consumer-finance","tag-diplomacy","tag-enterpriseam","tag-fintech","tag-investment-watch","tag-mastercard","tag-russia-egypt-relations","wpautop","entry"],"acf":{"mongo_id":"43626d72-e49c-4209-953c-b811a2e5b4c1","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/3\/ADIB-1600.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Russia, Egypt look to boost investment and trade. 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In their second phone call in less than a week, the two presidents \u201cconsulted on the urgent need to\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/218.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":621661,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/14\/egypt-brokers-agreement-ending-israel-palestine-cross-border-attacks\/","url_meta":{"origin":583721,"position":2},"title":"Egypt brokers agreement ending Israel, Palestine cross-border attacks","author":"enterpriseam admin","date":"14 November 2018","format":false,"excerpt":"Egypt, the UN, and Switzerland brokered a ceasefire agreement between Israel and Palestinian factions,ending a two-day exchange of rockets and aerial strikes, an Israeli official said, according to Haaretz. Israel hit more than 100 targets linked to Hamas and other militant groups on Sunday, prompting a response from the Palestinian\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562502,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/26\/last-nights-talk-shows-diplomacy-diplomacy-and-more-diplomacy\/","url_meta":{"origin":583721,"position":3},"title":"Last Night\u2019s Talk Shows: Diplomacy, diplomacy, and more diplomacy","author":"enterpriseam admin","date":"26 May 2021","format":false,"excerpt":"It was diplomacy as far as our eyes could see and our ears could hear on the airwaves last night, mirroring a news cycle in the print press that was almost entirely focused on diplomacy. 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The Egyptian, Ethiopian and Sudanese irrigation ministers were unable to reach an agreement on how to proceed with negotiations over the Grand Ethiopian Renaissance Dam following a week of talks, the three countries announced in\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"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\/583721","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=583721"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/583721\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/583697"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/583722"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=583721"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=583721"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=583721"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=583721"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=583721"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}