{"id":592578,"date":"2023-08-08T00:00:00","date_gmt":"2023-08-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/shoukry-heads-to-tunis-plus-more-gulf-real-estate-investment-on-the-horizon\/"},"modified":"2023-08-08T00:00:00","modified_gmt":"2023-08-08T00:00:00","slug":"shoukry-heads-to-tunis-plus-more-gulf-real-estate-investment-on-the-horizon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/08\/shoukry-heads-to-tunis-plus-more-gulf-real-estate-investment-on-the-horizon\/","title":{"rendered":"Shoukry heads to Tunis. PLUS: More Gulf real estate investment on the horizon?"},"content":{"rendered":"

Good morning, wonderful people, and a very happy Tuesday. <\/strong>The news cycle is picking up pace a little \u2014 though not too much \u2014 as we hit the midweek. <\/p>\n

THE BIG STORY here at home: It\u2019s another mixed bag this morning <\/strong> with no one story dominating local headlines. An update may be imminent on Heliopolis Housing\u2019s negotiations to bring on a Gulf co-developer for its Heliopark project. Elsewhere, there\u2019s a smattering of M&A news in the financial sector and another firm is lining up to launch a digital bank. Read on for all the details. <\/p>\n

HAPPENING TODAY- <\/strong><\/p>\n

Foreign Minister Sameh Shoukry is in Tunis today <\/strong> to meet with his Tunisian counterpart Nabil Ammar, the ministry said in a statement<\/a> yesterday, without giving further details. Shoukry will also meet President Kais Saied to deliver a message from President Abdel Fattah El Sisi, the statement reads.<\/p>\n

WATCH THIS SPACE- <\/strong><\/p>\n

<\/a> Gulf real estate investment incoming? <\/strong>Developers including Qatari Diar<\/a> and Dubai\u2019s Emaar Properties<\/a> are in talks with the General Authority for Investment (GAFI) on expanding their business in Egypt, GAFI head Hossam Heiba was reported by local media outlets as saying during a press conference. Heiba did not give further details. <\/p>\n

<\/a> AND- GAFI will launch its new digital platform within days, <\/strong> Heiba was quoted as saying. The platform will provide investors with the services to establish companies, authenticate contracts at notary offices, and register using electronic signatures among other services. It was originally set to launch in April<\/a>. <\/p>\n

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<\/a> There\u2019s once again no single BIG STORY ABROAD <\/strong>in the front pages of the foreign press this morning. In the business pages, many are taking note of Vaibhav Taneja\u2019s appointment as CFO at Tesla, after company veteran Zach Kirkhorn stepped down on Friday. Tesla shares fell 1% in New York on Monday. (Reuters<\/a> | Bloomberg<\/a> | WSJ<\/a> | FT<\/a> | CNBC<\/a> | CNN<\/a>). <\/p>\n

CIRCLE YOUR CALENDAR- <\/strong><\/p>\n

<\/p>\n

The Enterprise Finance Forum is taking place on 18-19 <\/strong> September at the St. Regis Hotel in Cairo. <\/strong> This flagship forum is the latest in our must-attend series of invitation-only, C-suite-level gatherings that allow senior members of our community to openly and frankly discuss critical issues in key sectors of the economy. <\/p>\n

TAP OR CLICK HERE<\/a><\/strong> if you want to express interest in attending. We\u2019ll be sending out the first batch of invitations soon. <\/p>\n

Do you want to become a commercial partner? <\/strong> Ping a note to Moustafa Taalab, our head of commercial<\/a>, or fill out this form<\/a> and we\u2019ll be in touch.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n

LISTEN TO OUR PODCAST- <\/strong><\/p>\n

MISSED THE ENTERPRISE EXPORTS AND FDI FORUM? <\/strong>The Enterprise<\/a><\/strong>Podcast has you covered<\/a><\/strong> : <\/strong> The Enterprise Podcast\u2019s forum series has been bringing you audio recordings of what was said on stage at the Enterprise Exports and FDI Forum,which took place in May. Throughout, we learned lessons from some of Egypt\u2019s biggest exporters on how Egypt can export its way out of a crisis. We heard everything from how to build an exports and FDI strategy, to identifying a foreign partner and tapping into a global supply chain. <\/p>\n

WANT TO LISTEN? Head to: <\/strong>Apple Podcast<\/a> | Spotify<\/a> | Google Podcast<\/a> | Anghami<\/a>.<\/p>\n

IT\u2019S THE FINAL EPISODE- <\/strong>Our final panel of the day was, naturally, the most forward looking. Our panelists discussed how the companies \u2014 be they in age-old industries or emerging ones \u2014 have adapted to changes to better position their businesses for an uncertain future. We were joined by Nadia El Tawil, <\/strong> investment officer at pan-African private equity firm AfricInvest, Mostafa Bedair <\/strong>, CEO of Giza Seeds and Herbs, and Abdallah Sallam, <\/strong>CEO of Madinet Masr. <\/p>\n

OUR FORUM SERIES CONTINUES NEXT SUNDAY WITH THE ENTERPRISE CLIMATE <\/strong> FORUM- <\/strong>Fresh off the heels of a successful COP27, we held our first forum to dive deep into the fundamentals of what we think is the world\u2019s most important industry. The conversations ranged from exploring the business opportunities for Egyptian entrepreneurs, companies and startups in climate, to demystifying green hydrogen, and how we finance our green transition. And we did it all in the Grand Egyptian Museum. <\/p>\n

<\/p>\n

*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt: <\/strong> Enterprise\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p>\n

In today\u2019s issue: <\/strong>We take a look at the environmental pros and cons of desalination. <\/p>\n","protected":false},"excerpt":{"rendered":"

The news cycle is picking up slightly as we slide into the midweek<\/p>\n","protected":false},"author":1,"featured_media":592579,"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":[7204],"tags":[6694,2096,72,461,6470,2112,83,301,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-592578","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-egypt-tunisia-relations","tag-emaar-properties","tag-enterpriseam","tag-gafi","tag-hossam-heiba","tag-qatari-diar","tag-real-estate","tag-sameh-shoukry","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"8e4bda27-7fb5-4d93-b1b9-6c82abbf6389","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/8\/359.jpg","photo_position":"below","homepage_title":"","full_issue_title":"Shoukry heads to Tunis. 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The two talked about a re-set of US-Egyptian relations, with Tillerson reportedly saying the US will increase aid to Egypt to support its ongoing war against terror, Youm7 reports.\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/2\/468.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594976,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/12\/qatari-must-comply-with-demands-to-solve-gulf-crisis-shoukry\/","url_meta":{"origin":592578,"position":2},"title":"Qatari must comply with demands to solve Gulf crisis: Shoukry","author":"enterpriseam admin","date":"12 September 2019","format":false,"excerpt":"Qatar has not shown willingness to comply with Arab Quartet demands -Shoukry: Qatar must accede to demands made by the Arab Quartet if it wants to normalize relations, but has shown no \u201creal interest\u201d in doing so, Foreign Minister Sameh Shoukry told Asharq Al Awsat. 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