{"id":589185,"date":"2023-06-22T00:00:00","date_gmt":"2023-06-22T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/22\/electricity-prices-suez-canal-sale-central-bank-shark-studies\/"},"modified":"2023-06-22T00:00:00","modified_gmt":"2023-06-22T00:00:00","slug":"electricity-prices-suez-canal-sale-central-bank-shark-studies","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/22\/electricity-prices-suez-canal-sale-central-bank-shark-studies\/","title":{"rendered":"Electricity prices, Suez Canal sale, central bank + shark studies"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Last <\/span><span style=\"font-weight:700\">night\u2019s talk shows <\/span><span style=\"font-weight:700\">covered the confusion surrounding potential electricity price <\/span><span style=\"font-weight:700\">hikes<\/span><span style=\"font-weight:400;\">, the Suez Canal company stake sale, and today\u2019s interest rate decision at the central bank \u2014 plus a study into Red Sea shark behavior following a lethal attack. <\/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\">The Madbouly cabinet has still not made a decision on new electricity prices, <\/span><span>Electricity Minister Mohamed Shaker said in statements covered by Ramy Radwan on Masa\u2019a DMC (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=236448769171156\" style=\"\">watch, runtime: 1:56<\/a><\/span><span style=\"font-weight:400;\">). The cabinet could decide to further extend the existing timeline to phase out subsidies on household electricity prices, Shaker said, warning people against believing rumors circulating about whether and by how much electricity prices could rise.<\/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\">REMEMBER- <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e86abd54-7518-4a2d-b743-1446a52e73f9\" style=\"\">Recommendations<\/a><\/span><span> for the new electricity tariffs were sent to the cabinet for approval several weeks ago.<\/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\">Suez Canal Authority (SCA) boss Osama Rabie was once again out to reassure the public that the canal is not up for lease <\/span><span>amid news that one of its companies will go to an IPO on the EGX (more on that in the news well, above.) Speaking at a press conference yesterday to discuss the performance of the canal, Rabie confirmed that the SCA\u2019s assets will remain under state control and the cabinet holds decision-making power over them. Ahmed Moussa\u2019s Ala Mas\u2019ouleety (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=YCgok3Vq8og&ab_channel=SadaElbalad-%D8%B5%D8%AF%D9%89%D8%A7%D9%84%D8%A8%D9%84%D8%AF\" style=\"\">watch, runtime: 3:27<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.youtube.com\/watch?v=S_9Xrpy-bGk&ab_channel=SadaElbalad-%D8%B5%D8%AF%D9%89%D8%A7%D9%84%D8%A8%D9%84%D8%AF\" style=\"\">3:20<\/a><\/span><span>), Sherif Amer\u2019s Hadith fi Misr (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?ref=embed_video&v=170955679132958\" style=\"\">watch, runtime: 3:35<\/a><\/span><span>), Ramy Radwan\u2019s Masa\u2019a DMC (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=648687140471555\" style=\"\">watch, runtime: 5:30<\/a><\/span><span>) and Lubna Assal\u2019s Al Hayah Al Youm (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=159918806995666\" style=\"\">watch, runtime: 2:39<\/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\">Don\u2019t expect a rate hike today: <\/span><span>Experts and analysts polled by the talking heads agreed with <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e3e1c87b-cd8a-48a0-8f93-24a37dad3576\" style=\"\">our customary poll<\/a><\/span><span> that the central bank isn\u2019t likely to hike interest rates when it meets today. Economist Mustafa Badra spoke with Sherif Amer (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=807349960946081\" style=\"\">watch, runtime: 4:52<\/a><\/span><span>) and economic analyst Ahmed Shawky joined Salet El Tahrir (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/live\/?ref=watch_permalink&v=1207463679819355\" style=\"\">watch, runtime: 8:40<\/a><\/span><span style=\"font-weight:400;\">) to discuss today\u2019s meeting. <\/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\">Why are the sharks like this<\/span><span style=\"font-weight:700\">:<\/span><span> The<\/span><span> Environment Ministry has begun a three-stage study on the behavior of sharks in Egyptian waters, spending USD 15k to install 50 monitoring devices on Red Sea sharks, Environment Minister Yasmine Fouad told Hadith fi Misr (<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/watch\/?v=656497219729467\" style=\"\">watch, runtime: 2:57<\/a><\/span><span style=\"font-weight:400;\">). Fouad added that the program has started preparing to monitor sharks in Hurghada. The news comes weeks after a fatal shark attack in the area. <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Environment Ministry to study Red Sea shark behavior after deadly attack<\/p>\n","protected":false},"author":1,"featured_media":589186,"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":[271,770,72,453,349,106,133],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-589185","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-central-bank-of-egypt","tag-electricity-ministry","tag-enterpriseam","tag-environment-ministry","tag-interest-rates","tag-last-nights-talk-shows","tag-suez-canal-authority","wpautop","entry"],"acf":{"mongo_id":"c678221b-156d-498c-92b4-eae5aecc7db3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1172.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Electricity prices, Suez Canal sale, central bank + shark studies on the Egyptian talk shows","related_issue":[589160],"teaser":"Environment Ministry to study Red Sea shark behavior after deadly attack","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.ac9ff5c1-bceb-4244-bc8e-7d888e976f28.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>Electricity prices, Suez Canal sale, central bank + shark studies - 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\/06\/22\/electricity-prices-suez-canal-sale-central-bank-shark-studies\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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rates by 200 bps last Thursday and the increase in electricity prices were the main topics of debate on the airwaves last night.Hona Al Asema\u2019s Lamees Al Hadidi moderated a debate on the interest rate hike between veteran economist Hany Genena and\u2026","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":590737,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/last-nights-talk-shows-rolling-blackouts-continue-to-dominate-conversation-on-the-airwaves\/","url_meta":{"origin":589185,"position":1},"title":"Last Night\u2019s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves","author":"enterpriseam admin","date":"25 July 2023","format":false,"excerpt":"Officials will hold a press conference soon to address the issue","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\/2023\/7\/944.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548354,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/04\/last-nights-talk-shows-talking-heads-discuss-food-prices-suez-canal-revenues\/","url_meta":{"origin":589185,"position":2},"title":"Last Night\u2019s Talk Shows: Talking heads discuss food prices + Suez Canal revenues","author":"enterpriseam admin","date":"4 August 2022","format":false,"excerpt":"The latest from President El Sisi led the conversation on the airwaves last night: The president has instructed the government to make available another EGP 1 bn to the National Alliance for Civil Development Work (NACDW) \u2014 an alliance of civil society organizations and associations launched this year to help\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":[]},{"id":612130,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/18\/on-onions-and-the-suez-canal\/","url_meta":{"origin":589185,"position":3},"title":"On onions and the Suez Canal","author":"enterpriseam admin","date":"18 December 2023","format":false,"excerpt":"The nation\u2019s talking heads are concerned about onion prices and how the Suez Canal is coping amid growing tensions in the Red Sea. One commodity crisis at a time, please. Onion prices have seen a dramatic jump in prices over the past few weeks, which saw it jump to EGP\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\/2023\/12\/1163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595818,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/07\/suez-canal-foreign-reserves-new-cities-and-chicken-kept-talking-heads-busy-last-night\/","url_meta":{"origin":589185,"position":4},"title":"Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night","author":"enterpriseam admin","date":"7 August 2019","format":false,"excerpt":"Egypt getting its money\u2019s worth in Suez Canal gains: A cabinet infographic showing a 5.4% jump y-o-y in Suez Canal revenues to USD 5.9 bn in FY2018-2019 was the main point of discussion on Al Hayah Al Youm with Khaled Abu Bakr (watch, runtime: 09:01). Abu Bakr highlighted the role\u2026","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":547062,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/07\/last-nights-talk-shows-the-big-privatization-meeting\/","url_meta":{"origin":589185,"position":5},"title":"Last Night\u2019s Talk Shows: The big privatization meeting","author":"enterpriseam admin","date":"7 June 2022","format":false,"excerpt":"Leading the airwaves yesterday was the bumper Madbouly privatization meeting: Topping the economy \/ business news on the airwaves last night was Prime Minister Mostafa Madbouly\u2019s briefing to cabinet ministers, where he assigned out tasks to help push forward the administration\u2019s privatization plan. Al Hayah Al Youm (watch, runtime: 4:19)\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\/589185","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=589185"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/589185\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/589160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/589186"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=589185"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=589185"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=589185"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=589185"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=589185"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}