{"id":590737,"date":"2023-07-25T00:00:00","date_gmt":"2023-07-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/last-nights-talk-shows-rolling-blackouts-continue-to-dominate-conversation-on-the-airwaves\/"},"modified":"2023-07-25T00:00:00","modified_gmt":"2023-07-25T00:00:00","slug":"last-nights-talk-shows-rolling-blackouts-continue-to-dominate-conversation-on-the-airwaves","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/25\/last-nights-talk-shows-rolling-blackouts-continue-to-dominate-conversation-on-the-airwaves\/","title":{"rendered":"Last Night\u2019s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves"},"content":{"rendered":"

Another night with the nation\u2019s talking heads focused on blackouts: <\/strong>Talk shows refused to shift their attention from the daily power cuts frustrating the nation, bringing us the latest on the government\u2019s efforts to end the crisis and when we can expect a return to normality. <\/p>\n

BLACKOUTS-<\/strong><\/p>\n

Shaker and El Molla put their heads together: <\/strong>Electricity Minister Mohamed Shaker and Oil Minister Tarek El Molla met yesterday to discuss how to resolve the crisis, Al Hayah Al Youm\u2019s Lobna Assal said ( watch, runtime: 10:11<\/a>). She also interviewed Electricity Ministry spokesperson Ayman Hamza, who told her that the issue will be resolved \u201cwithin days.\u201d <\/p>\n

Remember:<\/strong> The current heatwave has sent electricity demand soaring, putting pressure on gas supplies needed for power generation. This has forced the government into making rolling blackouts every day to cut consumption. We had the full story<\/a> in yesterday\u2019s issue. <\/p>\n

Business as usual at Zohr, says cabinet:<\/strong> The cabinet yesterday released a statement<\/a> denying media reports that have claimed that the production at the critical Zohr gas field has declined due to technical problems. A report in industry publication Mees earlier this year claimed that output at the field declined by 11%<\/a> to 2.5 bn cubic feet per day in 2022. The field is currently produci ng 2.3 bn cf\/d , cabinet said yesterday. El Hekaya ( watch, runtime: 3:55<\/a>) and Ala Mas\u2019ouleety ( watch, runtime: 5:04<\/a>) both picked up the statement. <\/p>\n

INTEREST RATES-<\/strong><\/p>\n

Another rate hike next week? <\/strong>The Central Bank of Egypt (CBE) will likely raise interest rates when the Monetary Policy Committee (MPC) meets next week, economist Medhat Nafea told Lamees El Hadidi ( watch, runtime: 6:12<\/a>). \u201cKeeping rates unchanged didn\u2019t achieve the desired outcome, it did not achieve monetary policy goals, inflation remains an issue, be it headline or core inflation ,\u201d he said. <\/p>\n

Where do rates currently stand? <\/strong>During its last meeting, the MPC left the benchmark rate<\/a> at 18.25% for the second consecutive meeting, saying that it was continuing to assess the impact of the combined 1k-bps<\/a> in hikes made since March 2022. <\/p>\n

** We\u2019ll be out with our customary interest rate poll on Sunday<\/strong> ahead of the MPC meeting on 3 August. <\/p>\n

GOLD PRICES-<\/strong><\/p>\n

Checking in on local gold prices: <\/strong>Global gold prices were on the rise last week, but locally prices remain stable, Supply Ministry advisor Nagy Farag told El Hadidi ( watch, runtime: 4:34<\/a>), pointing to the ministry\u2019s decision<\/a> to cut import duties on gold for Egyptians living abroad as helping to stabilize the market. 21-carat gold is currently trading at EGP 2,165 per gram<\/a>, while 24-carat gold is trading at EGP 2,475 per gram. <\/p>\n

WHERE\u2019S THE PERSONAL STATUS ACT?<\/strong><\/p>\n

The new Personal Status Act remains with the cabinet for review<\/strong> before it gets sent to the House for discussion, Kelma Akhira\u2019s Lamees El Hadidi said ( watch, runtime: 9:45<\/a>). The new legislation was being redrafted by a committee after it was shelved by the House<\/a> in 2021 after backlash. The amendments to the law grant judges more power to handle urgent cases regarding family support and speed up the judicial process when it comes to family matters. <\/p>\n","protected":false},"excerpt":{"rendered":"

Officials will hold a press conference soon to address the issue<\/p>\n","protected":false},"author":1,"featured_media":590738,"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":[271,317,244,770,93,72,349,106,245,91,371,195],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-590737","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-central-bank-of-egypt","tag-commodities","tag-electricity","tag-electricity-ministry","tag-energy","tag-enterpriseam","tag-interest-rates","tag-last-nights-talk-shows","tag-mohamed-shaker","tag-oil-and-gas","tag-oil-ministry","tag-tarek-el-molla","wpautop","entry"],"acf":{"mongo_id":"d167cb44-a7f6-4a81-9958-8bf7efa0f0cd","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/7\/944.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Talk shows continue to focus on the blackouts frustrating the nation","related_issue":[590724],"teaser":"Officials will hold a press conference soon to address the issue","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/7\/.4ce1d0d9-6d80-4e77-b80d-b097b65fffc7.mp3"},"yoast_head":"\nLast Night\u2019s Talk Shows: Rolling blackouts continue to dominate conversation on the airwaves - 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Blackouts over by year end?\u00a0\u201cWe hope that the power outages will end by the end of this year at\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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\/2024\/5\/2116.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594819,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/09\/meetings-of-top-egyptian-officials-to-discuss-energy-dominates-airwaves\/","url_meta":{"origin":590737,"position":1},"title":"Meetings of top Egyptian officials to discuss energy dominates airwaves","author":"enterpriseam admin","date":"9 September 2019","format":false,"excerpt":"Energy projects and developments were the order of the day on last night\u2019s talk shows as top officials held several meetings yesterday. El Sisi, Madbouly, Shaker meet to discuss Dabaa: President Abdel Fattah El Sisi, Prime Minister Moustafa Madbouly, Electricity Minister Mohamed Shaker, and Nuclear Power Plant Authority head Amgad\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":543444,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/01\/last-nights-talk-shows-our-re-entry-to-the-jpmorgan-em-bond-index-arab-gas-pipeline-timeline\/","url_meta":{"origin":590737,"position":2},"title":"Last Night\u2019s Talk Shows: Our re-entry to the JPMorgan EM bond index + Arab Gas pipeline timeline","author":"enterpriseam admin","date":"1 February 2022","format":false,"excerpt":"Dominating the conversation on the airwaves last night: Our re-inclusion in JPMorgan\u2019s emerging markets bond index, the benefits of which Finance Minister Mohamed Maait discussed at length in a phone-in with Al Hayah Al Youm (watch, runtime: 16:46). Kelma Akhira\u2019s Lamees El Hadidi (watch, runtime: 1:31; 3:13) and Ala Ma\u2019ouleety\u2019s\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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":547321,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/16\/the-talk-shows-last-night-were-high-energy\/","url_meta":{"origin":590737,"position":3},"title":"The talk shows last night were high energy","author":"enterpriseam admin","date":"16 June 2022","format":false,"excerpt":"Energy dominated last night\u2019s talk show coverage after Egypt, Israel and the EU signed an agreement to increase LNG exports to Europe. Oil Minister Tarek El Molla joined Ahmed Moussa on Ala Mas\u2019ouleety (watch, runtime: 4:12) while cabinet spokesperson Nader Saad was on with Masaa DMC (watch, runtime: 1:35). Yahduth\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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":590557,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/that-2014-feeling-rolling-blackouts-are-back-as-electricity-demand-soars-amid-heatwave\/","url_meta":{"origin":590737,"position":4},"title":"That 2014 feeling: Rolling blackouts are back as electricity demand soars amid heatwave","author":"enterpriseam admin","date":"24 July 2023","format":false,"excerpt":"Gas supplies have been unable to match soaring consumption driven by the ongoing heatwave","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/880.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554291,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/28\/last-nights-talk-shows-el-sisi-inaugurates-electricity-projects-in-upper-egypt\/","url_meta":{"origin":590737,"position":5},"title":"Last Night\u2019s Talk Shows: El Sisi inaugurates electricity projects in Upper Egypt","author":"enterpriseam admin","date":"28 December 2021","format":false,"excerpt":"Topping coverage on the airwaves last night: President Abdel Fattah El Sisi\u2019s inauguration of new electricity projects in Upper Egypt and his visit to the Gharb Soheil Nubian village in Aswan, which the president decided to include in his Hayah Karima (Decent Life) initiative. The story was featured on Kelma\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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\/590737","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=590737"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/590737\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/590724"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/590738"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=590737"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=590737"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=590737"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=590737"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=590737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}