{"id":607058,"date":"2023-09-26T00:00:00","date_gmt":"2023-09-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/"},"modified":"2023-09-26T00:00:00","modified_gmt":"2023-09-26T00:00:00","slug":"its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/","title":{"rendered":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm"},"content":{"rendered":"

Good morning, friends, and happy Tuesday. <\/strong>We have a lot of stuff to get through this morning, so we\u2019re going to jump straight in:<\/p>\n

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

<\/a> #1- AIIB meeting wraps: <\/strong> It\u2019s the second and final day of the Asian Infrastructure Investment Bank\u2019s (AIIB) annual board meeting in Sharm El Sheikh.<\/p>\n

Look for <\/strong> AIIB <\/strong> to unveil a new climate action plan that could triple lending tied to climate <\/strong> targets: <\/strong>The China-led bank will launch its climate action plan during the meeting, the Financial Times<\/a> reports, citing AIIB Vice President for Policy and Strategy Danny Alexander. The lender aims to increase climate financing to USD 7-8 bn from USD 2.6 bn to account for more than half of its lending portfolio by 2030. <\/p>\n

#2- <\/strong> The Green Talent Forum is kicking off today at 11am Cairo time: <\/strong>On the agenda<\/a> of the online virtual summit<\/a> is the CEO of Enterprise\u2019s favorite productivity app Slack, USAID\u2019s chief climate officer, and other climate and business leaders, who are set to discuss everything from green tech to climate finance and everything in between. <\/p>\n

#3- <\/strong> It\u2019s the last day of the UN General Assembly: <\/strong>Foreign Minister Sameh Shoukry has had a busy schedule in New York over the past week, filling in for President El Sisi to address the UN General Assembly<\/a>, attending a multitude of summits and forums, and sitting down with world diplomats, including the Iranian foreign minister<\/a>.<\/p>\n

<\/a> #4- <\/strong> Taqa <\/strong> shareholders meet today to vote on board shake-up following <\/strong> stake sale: <\/strong>Taqa Arabia shareholders will convene for a general assembly meeting today to vote on restructuring the board and appointing new members. The meeting comes two months after the military\u2019s National Service Projects Organization acquired 20%<\/a> of the firm.<\/p>\n

#5- The judges here at Enterprise World Headquarters hereby declare that it was the <\/strong> Cairo American College Class of 2025 <\/strong>that was the rightful victor of pop culture day at CAC\u2019s spirit week, with the entire class having shown outstanding creativity in showing up as characters from Subway Surfer.<\/p>\n

HAPPENING THIS WEEK- <\/strong><\/p>\n

Will ADQ\u2019s acquisitions close this week <\/strong> ? <\/strong> We\u2019re on the lookout to see if the government meets its original target to sign final contracts with ADQ before the end of this week<\/a> for the sale of shares in Egyptian Ethylene and Derivatives Company (Ethydco), Egyptian Linear Alkyl Benzene (Elab), and Egyptian Drilling Company (EDC). It came to an initial agreement with the Abu Dhabi wealth fund earlier this year to sell 25-30% stakes<\/a> in the three companies for USD 800 mn.<\/p>\n

Saudi <\/strong> delegation heads to the West Bank amid reports of potential normalization with <\/strong> Israel: <\/strong>A group led by the non-resident Saudi envoy to Palestine will visit the Palestinian President Mahmoud Abbas in Ramallah this week, Reuters<\/a> writes.<\/p>\n

In context: <\/strong> The trip comes amid increasing chatter about the prospect of a US-sponsored<\/a> normalization agreement<\/a> between Saudi Arabia and Israel, which could involve concessions for the Palestinians.<\/p>\n

DELISTING WATCH- <\/strong><\/p>\n

<\/a> Al Ezz Dekheila buys back almost 36% of its shares: <\/strong> Al Ezz Dekheila Steel has bought back almost all of the shares it didn\u2019t own as it prepares to delist from the EGX. The company repurchased almost 7 mn shares, equal to almost 36% of its share capital, according to our math. This gives it control over more than 99.9% of its shares.<\/p>\n

ICYMI- <\/strong>The company had given shareholders until yesterday to decide whether to sell their shares back to the company for EGP 1,250 apiece ahead of the delisting. <\/p>\n

Remember: <\/strong> Al Ezz Dekheila in July announced its intention<\/a> to delist from the exchange in the wake of its agreement to buy back the government\u2019s 31% stake<\/a> in the company.<\/p>\n

\n

\n

THE BIG STORY ABROAD- <\/strong><\/p>\n

There\u2019s no single story capturing the world\u2019s attention this morning: <\/strong> The US media are focused on the increasingly likely eventuality of a government shutdown (Associated Press<\/a> | NYT<\/a> | Washington Post<\/a>), Reuters<\/a> has the latest from Ukraine, and the Wall Street Journal<\/a> is leading with yesterday\u2019s breakthrough on the Hollywood writers\u2019 strike. <\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

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

The secondary t-bill market is changing: <\/strong> In our coverage<\/a> of Sunday\u2019s changes to the way that EGP t-bills are traded, we got a few things skewed. Here\u2019s what\u2019s happening.<\/p>\n

Egypt already had a secondary market for t-bills: <\/strong>Prior to Sunday, the Central Bank of Egypt administered a secondary market for t-bills and was responsible for clearing and settling trades.<\/p>\n

That market has now change venue: <\/strong> Per the CBE\u2019s statement (pdf)<\/a> on Sunday,the Egyptian Central Securities Depository (ECSD) \u2014 the government\u2019s arm for the depository, settlement and clearing of sovereign debt \u2014 has taken on the responsibility for managing the secondary market for t-bills, allowing them to be traded on the EGX. <\/p>\n

The rationale: <\/strong> The move aims to make the secondary market for t-bills more accessible to investors, boosting trading volumes and lowering yields, ECSD head of operations Tarek Khorshid told Enterprise yesterday. The change has almost doubled the number of banks able to participate directly in the market to 31, he said.<\/p>\n

Aligning with Euroclear and the IMF: <\/strong>Establishing a standardized settlement mechanism and a single depository for government debt was among the IMF\u2019s recommendations to Egypt\u2019s USD 3 bn IMF loan. It also aligns with international standards necessary to make EGP debt \u201c Euroclearable<\/a>,\u201d a process the Finance Ministry has been working towards since 2019.<\/p>\n

This follows a similar change for treasury bonds: <\/strong> The ECSD began managing t-bond trades on 14 May, Khorshid said.<\/p>\n

Next up: <\/strong>Sovereign sukuk, he told us.<\/p>\n

MARKET WATCH- <\/strong><\/p>\n

<\/a> Greenback hits fresh nine-month highs: <\/strong>Bloomberg\u2019s USD spot index climbed 0.4% to hit its highest level since December. Since mid-July, the USD has climbed more than 6% against major currencies as markets react to the prospect of US interest rates remaining higher for longer. The stronger USD could put pressure on emerging and developing economies such as Egypt by making imports more expensive and raising debt servicing costs. (Bloomberg<\/a> | Reuters<\/a>)<\/p>\n

US treasuries sink amid rate <\/strong> uncertainty: <\/strong>Government bonds extended their selloff on Monday, while USD stocks snapped a four-day losing streak, as investors weighed the potential for the US Federal Reserve to continue raising interest rates. The yield on the benchmark 10-year treasury notes climbed to its highest level since 2007<\/strong>, rising 11 bps to over 4.54%, weighing on bond prices for the fourth consecutive week. Stocks rebounded following their steepest weekly drop since March, with the S&P 500 rising 0.4% and the Nasdaq closing almost 0.5% higher. <\/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 look at the potential and the challenges facing private sector players in Egypt\u2019s clean energy landscape, from the perspective of France\u2019s Engie. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends, and happy Tuesday. We have a lot of stuff to get through this morning, so we\u2019re going to jump straight in: HAPPENING TODAY- #1- AIIB meeting wraps: It\u2019s the second and final day of the Asian Infrastructure Investment Bank\u2019s (AIIB) annual board meeting in Sharm El Sheikh. Look for AIIB to unveil […]<\/p>\n","protected":false},"author":1,"featured_media":607059,"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":[2399,101,975,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-asian-infrastructure-investment-bank","tag-development-finance","tag-egypt-china-relations","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b0a3927a-6e66-4b00-a134-83e57adb450d","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/9\/1541.jpg","photo_position":"above","homepage_title":"","full_issue_title":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm","related_issue":[607056],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.9b87726a-38e3-4abd-b18d-7fd0bc31469a.mp3"},"yoast_head":"\nIt\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm - 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\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and happy Tuesday. We have a lot of stuff to get through this morning, so we\u2019re going to jump straight in: HAPPENING TODAY- #1- AIIB meeting wraps: It\u2019s the second and final day of the Asian Infrastructure Investment Bank\u2019s (AIIB) annual board meeting in Sharm El Sheikh. Look for AIIB to unveil […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-26T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm\",\"datePublished\":\"2023-09-26T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\"},\"wordCount\":1186,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Asian Infrastructure Investment Bank\",\"development finance\",\"Egypt-China relations\",\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\",\"name\":\"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2023-09-26T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/","og_locale":"en_US","og_type":"article","og_title":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm","og_description":"Good morning, friends, and happy Tuesday. We have a lot of stuff to get through this morning, so we\u2019re going to jump straight in: HAPPENING TODAY- #1- AIIB meeting wraps: It\u2019s the second and final day of the Asian Infrastructure Investment Bank\u2019s (AIIB) annual board meeting in Sharm El Sheikh. Look for AIIB to unveil […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2023-09-26T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm","datePublished":"2023-09-26T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/"},"wordCount":1186,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1","keywords":["Asian Infrastructure Investment Bank","development finance","Egypt-China relations","EnterpriseAM","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/","url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/","name":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1","datePublished":"2023-09-26T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/its-day-two-of-the-asian-infrastructure-investment-banks-annual-board-meeting-in-sharm\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"It\u2019s day two of the Asian Infrastructure Investment Bank\u2019s annual board meeting in Sharm"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1541.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":555719,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/11\/24\/aiib-approves-usd-360-mn-loan-to-support-egypts-post-covid-economy\/","url_meta":{"origin":607058,"position":0},"title":"AIIB approves USD 360 mn loan to support Egypt\u2019s post-covid economy","author":"enterpriseam admin","date":"24 November 2021","format":false,"excerpt":"We\u2019re getting a USD 360 mn loan from AIIB: The Beijing-headquartered Asian Infrastructure Investment Bank (AIIB) has approved a USD 360 mn loan to support Egypt\u2019s post-covid economic recovery, according to a cabinet statement.The facility matches a separate USD 360 mn loan approved by the World Bank in October, under\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/581.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606001,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/10\/what-do-private-sector-players-want-from-the-aiib\/","url_meta":{"origin":607058,"position":1},"title":"What do private sector players want from the AIIB?","author":"enterpriseam admin","date":"10 September 2023","format":false,"excerpt":"AIIB officials join FinMin, private sector players to explore how the bank can help Egypt\u2019s private sector","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/648.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590197,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/16\/aiib-to-provide-eur-250-mn-loan-for-abu-qir-metro-project\/","url_meta":{"origin":607058,"position":2},"title":"AIIB to provide EUR 250 mn loan for Abu Qir metro project","author":"enterpriseam admin","date":"16 July 2023","format":false,"excerpt":"This is around a sixth of the EUR 1.6 bn project, which will convert the Abu Qir railway into an underground metro line","rel":"","context":"In "Infrastructure"","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/551.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":589291,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/25\/aiib-is-a-potential-guarantor-for-our-next-green-bonds-sale\/","url_meta":{"origin":607058,"position":3},"title":"AIIB is a potential guarantor for our next green bonds sale","author":"enterpriseam admin","date":"25 June 2023","format":false,"excerpt":"This would be AIIB\u2019s first guarantee of a country\u2019s green bonds issuance","rel":"","context":"In "DEBT WATCH"","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/1206.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":606990,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/25\/egypt-china-ties-in-the-spotlight-on-the-airwaves-as-egypt-prepares-to-host-the-aiibs-annual-meeting\/","url_meta":{"origin":607058,"position":4},"title":"Egypt-China ties in the spotlight on the airwaves as Egypt prepares to host the AIIB\u2019s annual meeting","author":"enterpriseam admin","date":"25 September 2023","format":false,"excerpt":"It was another mixed bag on the airwaves last night, with no single story dominating the conversation.Pundits touched on the Asian Infrastructure Investment Bank\u2019s (AIIB) meeting in Sharm this week and the Chinese delegation\u2019s visit to Egypt yesterday. Meanwhile, El Hekaya\u2019s Amr Adib was the sole host to cover yesterday\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\/2023\/9\/1481.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556556,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/31\/world-bank-okays-usd-360-mn-loan-for-egypts-post-covid-recovery\/","url_meta":{"origin":607058,"position":5},"title":"World Bank okays USD 360 mn loan for Egypt\u2019s post-covid recovery","author":"enterpriseam admin","date":"31 October 2021","format":false,"excerpt":"We\u2019re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility to support the Egyptian economy as it recovers from the covid pandemic, the global lender said in a statement(pdf) on Thursday. The development policy financing (DPF) loan will be used\u2026","rel":"","context":"In "Development finance"","block_context":{"text":"Development finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/development-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/324.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607058","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=607058"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607058\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/607056"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/607059"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=607058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=607058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=607058"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=607058"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=607058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}