{"id":611830,"date":"2023-12-13T00:00:00","date_gmt":"2023-12-13T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/13\/cop28-still-no-deal-as-talks-run-into-the-eleventh-hour\/"},"modified":"2023-12-13T00:00:00","modified_gmt":"2023-12-13T00:00:00","slug":"cop28-still-no-deal-as-talks-run-into-the-eleventh-hour","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/13\/cop28-still-no-deal-as-talks-run-into-the-eleventh-hour\/","title":{"rendered":"COP28: Still no deal as talks run into the eleventh hour"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Good morning, friends, and welcome to the wait-and-see issue of EnterpriseAM. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">As of 5:30am CLT, we\u2019re waiting for:<\/p>\n<ul>\n<li>Word on what\u2019s happening in Dubai at <strong>COP28<\/strong>, where radio silence prevails;<\/li>\n<li>The results of the 2023 presidential <strong>election<\/strong> here at home, in anticipation that we\u2019ll see a <strong>float<\/strong> of the EGP (or a series of devaluations \u2014 a much less welcome approach) once the results are in;<\/li>\n<li>What the US <strong>Federal Reserve<\/strong> decides today on interest rates \u2014 and what the CBE will do when it meets a week from tomorrow.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt3\"><\/a> <strong>COP28 has run into overtime: <\/strong>Countries remain at loggerheads over the wording of a draft agreement that circulated on Monday, kicking the conference into marathon negotiations on a final text.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The issue:<\/strong> The draft agreement which called for the \u201creduction of fossil fuel production and consumption\u201d in a \u201cjust, orderly, and equitable manner\u201d to achieve net zero \u201cby, before or around 2050.\u201d Calls for the \u201cphasing out\u201d of oil and gas don\u2019t appear in the draft agreement, and it makes a tripling of global renewable energy capacity just a recommendation, not a commitment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the first corner: <\/strong>Saudi Arabia leads a group of (mostly Arab) oil and gas producers that fiercely oppose the use of \u201cphase out\u201d or \u201cphase down\u201d in any final agreement. Saudi has signaled for more than a week now that it simply won\u2019t sign an agreement that talks about the end of hydrocarbons, which account for as much as 45% of its GDP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the other: <\/strong>The European Union and small island nations, who have variously called the Arab world\u2019s stance \u201cdisgusting,\u201d \u201cdeeply disappointing,\u201d and \u201cout-of-step.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters: <\/strong>A single \u201cno\u201d vote from the nearly 200 countries participating means there\u2019s no agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The kingmaker? <\/strong>Saudi Energy Minister Abdulaziz bin Salman arrived at the COP28 presidency last night in what observers think is a sign that talks are getting down to brass tacks. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The timeline: <\/strong>The COP28 presidency had committed to a 4am CLT release of a new draft agreement, but there\u2019s no sign of that as we slide toward dispatch time. As of this morning, delegates are set to meet in a plenary session in Dubai at 6:30am CLT. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to go deeper?<\/strong><a target=\"_blank\" href=\"http:\/\/climate.enterprise.news\/\" style=\"\" rel=\"noopener\">Enterprise Climate<\/a> has you covered on all things COP28 with its latest issue set to go live on the website and straight into your inbox at 9am CLT.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#1- All eyes are on Washington as the US Federal Reserve is expected to announce it<\/strong><strong>s <\/strong><strong>decision on interest rates today<\/strong>.The Fed currently seems set on keeping rates unchanged, and with inflation nearing the coveted 2% target, investors are now speculating how early into 2024 policymakers will begin cutting rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ahead of the decision, a mixed <\/strong><strong><a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/12\/865.pdf\" style=\"\" rel=\"noopener\">inflation print (pdf)<\/a><\/strong><strong>:<\/strong><\/p>\n<ul>\n<li><strong>Headline inflation<\/strong> inched down to <strong>3.1% y-o-y<\/strong> in November from 3.2% the month prior.<\/li>\n<li><strong>Core prices<\/strong> \u2014 which exclude volatile items including food and energy \u2014 were <strong>0.3% higher<\/strong>, indicating persistent inflationary pressures.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Higher for longer?<\/strong> Don\u2019t be surprised for the hawkish tone to remain at Powell\u2019s press conference later this evening:<\/p>\n<ul>\n<li>\u201c[Tuesday\u2019s] CPI report is <strong>a little bit of a \u2018mood dampener\u2019<\/strong>,\u201d a strategist told <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-12-12\/stock-market-today-dow-s-p-live-updates\" style=\"\" rel=\"noopener\">Bloomberg<\/a>. \u201cThis isn\u2019t enough inflation deceleration to reassert or justify the market\u2019s policy-easing expectations.\u201d<\/li>\n<li>\u201cThe Fed keeps telling us they don\u2019t have confidence that they can say with certainty that inflation is going to [its target of] 2% anytime soon,\u201d one analyst told the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/51111dac-7084-4a02-9c6f-334bb86f2d3f\" style=\"\" rel=\"noopener\">Financial Times<\/a>. \u201c<strong>I don\u2019t think that confidence can be there<\/strong> after today\u2019s numbers.\u201d<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Some areas of the market are recalibrating, some aren\u2019t:<\/strong> With the market waiting on today\u2019s decision, US stocks continued to rally despite the figures, with the S&P 500 clocking its highest close in almost two years, while US treasuries saw slight gains. Meanwhile, gold continued to fall and BTC traded lower following a dramatic plunge earlier this week.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil\u2019s bear market continues to deepen: <\/strong>Oil prices plummeted as much as 4% yesterday on the back of the CPI data and continued concerns about oversupply, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/oil-steady-ahead-interest-rate-decisions-opec-supply-cut-doubts-2023-12-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a> says. Brent futures closed 3.7% lower at USD 73.24 \u2014 the lowest level in six months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>FYI- It\u2019s decision time for us soon:<\/strong> The Central Bank of Egypt will hold its final monetary policy meeting of the year next Thursday, 21 December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a><strong> #2- It\u2019s day two of the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/foodafrica-expo.com\/\" style=\"\" rel=\"noopener\">Food Africa Expo<\/a><\/strong> where food and beverage businesses are showcasing tasters of their products to wholesalers, distributors, and retailers from 30 countries at the Egypt International Exhibition Center in a bid to cook up more trade with the Middle East and Africa.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- A trade mission to Saudi is well underway:<\/strong> A flurry of meetings and factory visits are taking place in Jeddah between sixteen Egyptian manufacturers and Saudi buyers, as part of a weeklong <a target=\"_blank\" href=\"https:\/\/tinyurl.com\/2rsmvf5p\" style=\"\" rel=\"noopener\">trade run<\/a> organized by the Engineering Export Council of Egypt. Egyptian businesses are looking to secure orders and investments from the kingdom \u2014 the largest importer for our engineering sector \u2014 for pumps, car parts, boilers, kitchenware, and more, until the visit ends this Friday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING THIS WEEK- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Deadline day for brownfield gold mining bid round: <\/strong>Companies have until 12 pm tomorrow to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/774ecd5a-ec41-482f-b0e3-6eda3a89a4f3\" style=\"\" rel=\"noopener\">bid for<\/a> five brownfield gold concessions in the Eastern Desert from the state-owned Shalateen Mining Resources Company. Another 13 exploration concessions will also soon be up for grabs at the start of next year, a government source <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17080952-e361-438a-bceb-1ef189921871\" style=\"\" rel=\"noopener\">recently told<\/a> Enterprise.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Last minute rush?<\/strong>No offers have been submitted yet, though 10 companies have shown interest and bought the tender conditions booklet, a source at the Oil Ministry told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another extension could be in the cards:<\/strong> Government will wait until the end of submissions to determine whether to extend the deadline for a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17080952-e361-438a-bceb-1ef189921871\" style=\"\" rel=\"noopener\">third time<\/a>, our source said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Negotiators are giving GERD talks another go:<\/strong> Efforts to find a breakthrough in the so far intractable GERD dispute <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/54befe91-5ef8-48b6-9d14-c3fe0d4a1389\" style=\"\" rel=\"noopener\">will resume<\/a> in the Ethiopian capital on 16-18 December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/886.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE BIG STORIES ABROAD-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- The United States is (slightly) changing its tone on Israel\u2019s war on Gaza<\/strong> with President Joe Biden warning that its ally is \u201closing support\u201d for its war. Biden called Benjamin Netanyahu\u2019s bombing campaign in Gaza \u201cindiscriminate\u201d and said the Israeli leader needs to accept a two-state solution. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You can feel the worm turning: <\/strong>NYT foreign affairs columnist Thomas Friedman, meanwhile, suggests that <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2023\/12\/12\/opinion\/israel-gaza-saudi-arabia.html\" style=\"\" rel=\"noopener\">Israel can\u2019t bank on money or boots on the ground from the Arab world<\/a> to rebuild Gaza when it\u2019s done turning the enclave into rubble. Israel must have a \u201clegitimate, effective Palestinian partner and commits to one day negotiating a two-state solution,\u201d he says, suggesting after a visit to Riyadh that Saudi officials are still open to normalizing ties with Israel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wait, Thomas Friedman? Isn\u2019t he, uhm \u2026 spent? <\/strong>Scoff at his orientalism, his simplistic (often jingoistic) takes (we do), but even his critics admit the guy is having <a target=\"_blank\" href=\"https:\/\/danieldrezner.substack.com\/p\/the-paradox-of-tom-friedmans-resurgence\" style=\"\" rel=\"noopener\">something of a renaissance of late<\/a> \u2014 and is once again being read in western capitals. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Pundits are taking stock of what Google\u2019s Epic app store loss in court <\/strong>means for the future of its Play Store and Apple\u2019s App store. Increasing scrutiny from regulators could \u201cderail profits\u201d for both stores, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/the-app-store-economy-is-under-siege-b81cd8f6?mod=hp_lead_pos10\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> warns. <strong>But don\u2019t expect changes anytime soon \u2014 for years, perhaps<\/strong>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2023\/12\/12\/googles-loss-to-epic-will-likely-have-little-impact-in-the-near-term.html\" style=\"\" rel=\"noopener\">CNBC<\/a> warns: Google is likely to appeal the ruling (which we covered yesterday). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they\u2019re are missing: <\/strong>The app stores may (or may not \u2014 antitrust law, like copyright law, is so often in the eye of the beholder) be anti-competitive, but their existence created a largely safe, multi-bn USD economy. App stores keep users safe from malicious (and just plain bad) third-party apps and are the first line of defense against mobile fraud and predatory practices. Tech enthusiasts and dev nerds alike will want to watch this space closely. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Apple aims to make your iPhone even safer with \u201cstolen device protection,\u201d <\/strong>a feature set to roll out in iOS 17.3 that would \u201crequire authentication through Face ID or Touch ID to perform certain actions.\u201d The changes come after fantastic reporting by <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/personal-tech\/apple-iphone-ios-update-stolen-device-protection-698d760e\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> tech columnist Joanna Stern about how easy it was for thieves to take over your digital life if they managed to snag your device and passcode. Not a WSJ subscriber? Head over to <a target=\"_blank\" href=\"https:\/\/www.theverge.com\/2023\/12\/12\/23998665\/apple-stolen-device-protection-face-touch-id-icloud-account-vulnerability-ios-17-3-beta\" style=\"\" rel=\"noopener\">the Verge<\/a> for the rundown. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>THE CRYSTAL BALL-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The prognostications about what awaits the global economy in 2024 are beginning to roll<\/strong><strong> in: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Geopolitics is the no.1 thing investors are freaking out about:<\/strong> Geopolitical uncertainty will be the biggest economic risk in 2024, according to a <a target=\"_blank\" href=\"https:\/\/www.im.natixis.com\/intl\/press-release\/institutional-investors-see-geopolitical-bad-actors-as-the-number-one-economic-risk-in-2024-ahead-of-high-rates-and-inflation-finds-natixis-investment-managers\" style=\"\" rel=\"noopener\">poll<\/a> of 500 global institutional investors. Almost half of respondents (49%) cited \u201cgeopolitical bad actors\u201d as a key concern, while 51% think that recession will be inevitable next year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Big banks see slower growth, mild recession at worst:<\/strong> Major global banks including Goldman Sachs, JPMorgan, and Morgan Stanley are forecasting a slowdown in global economic growth but say the likelihood of recession is diminishing, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/global-economy-slow-down-likely-avoid-recession-2024-2023-11-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- US cuts oil price outlook: <\/strong>The US <a target=\"_blank\" href=\"https:\/\/www.eia.gov\/outlooks\/steo\/\" style=\"\" rel=\"noopener\">Energy Information Administration<\/a> (EIA) sees Brent crude oil prices averaging USD 83 per barrel in 2024 \u2014 a USD 10 drop from its previous forecast last month, according to <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/us-eia-lowers-2024-brent-price-forecast-despite-opec-oil-output-cuts-2023-12-12\/\" style=\"\" rel=\"noopener\">Reuters<\/a>. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt5\"><\/a> <strong><a target=\"_blank\" href=\"https:\/\/elgounafilmfestival.com\" style=\"\" rel=\"noopener\">El Gouna Film Festival<\/a><\/strong><strong> kicks off<\/strong><strong> tomorrow<\/strong>, after having been postponed from its original October date. In response to the catastrophe unfolding in Gaza, this year\u2019s edition will also feature a program of Palestinian cinema in collaboration with the Palestine Film Institute.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">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<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/enterprise.press\/wp-content\/uploads\/2020\/01\/Web-view-01.jpg\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We take a look at what real estate developers want to see from the Madbouly government\u2019s proposed real-estate-for-FX scheme.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends, and welcome to the wait-and-see issue of EnterpriseAM. As of 5:30am CLT, we\u2019re waiting for: Word on what\u2019s happening in Dubai at COP28, where radio silence prevails; The results of the 2023 presidential election here at home, in anticipation that we\u2019ll see a float of the EGP (or a series of devaluations [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":611831,"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":[7286,6517,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-611830","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-climate","tag-cop28","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"a50497d7-8f54-4561-aa6a-d13b98a12e5b","order":"0","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2023\/12\/884.jpg","photo_position":"above","homepage_title":"","full_issue_title":"COP28: Still no deal as talks run into the eleventh hour","related_issue":[611828],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.3fae3132-5965-4d79-9f61-2635e7d08feb.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>COP28: Still no deal as talks run into the eleventh hour - 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\/12\/13\/cop28-still-no-deal-as-talks-run-into-the-eleventh-hour\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COP28: Still no deal as talks run into the eleventh hour\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends, and welcome to the wait-and-see issue of EnterpriseAM. 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