{"id":621408,"date":"2018-11-07T04:19:52","date_gmt":"2018-11-07T04:19:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/"},"modified":"2018-11-07T04:19:52","modified_gmt":"2018-11-07T04:19:52","slug":"egypt-in-the-news-on-7-november-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/","title":{"rendered":"Egypt in the news on 7 November 2018"},"content":{"rendered":"<p><strong>A mishmash of archaeology stories dominates news on Egypt in the international press<\/strong> this morning, including continued interest in the idea that a newly discovered ramp <a href=\"https:\/\/edition.cnn.com\/travel\/article\/giza-pyramids-ramp-scli-intl\/index.html\">helps explain how the Pyramids of Giza were built<\/a>. Other examples:<\/p>\n<ul>\n<li><strong>The British Museum should return the Rosetta Stone <\/strong>to Egypt and replace it with a virtual reality replica, General Egyptian Museum (GEM) supervisor Tarek Tawfik said, <a href=\"https:\/\/www.telegraph.co.uk\/news\/2018\/11\/06\/egyptian-museum-calls-rosetta-stone-returned-uk-200-years\/\">according to The Telegraph<\/a><\/li>\n<li><strong>Archaeologists working at a site near Matariya found fragments of stone slabs <\/strong>dating back to over 4,000 years, <a href=\"https:\/\/www.washingtonpost.com\/world\/middle_east\/egypt-says-archaeologists-found-more-artifacts-at-cairo-dig\/2018\/11\/06\/8d29b5a6-e1c6-11e8-ba30-a7ded04d8fac_story.html?utm_term=.3daf832d4c88\">the Associated Press reports<\/a>. <\/li>\n<li><strong>Budget challenges are hindering Islamic Cairo\u2019s restoration plans<\/strong>, <a href=\"https:\/\/www.news24.com\/Africa\/News\/egypt-struggles-to-restore-cairos-historic-heart-20181106-2\">according to AFP<\/a>. <\/li>\n<\/ul>\n<p><strong>Much more interesting: The potential of Islamic finance remains untapped in Egypt.<\/strong> \u201cHesitant policies\u201d in Egypt are keeping the country from fully tapping the potential of Islamic finance, Arno Maierbrugger <a href=\"https:\/\/enterprise.press\/wp-login.php?redirect_to=https%3A%2F%2Fenterprise.press%2Fwp-admin%2Fupload.php&reauth=1\">writes for the Gulf Times<\/a>. Regulations for the industry have been slow in materializing, while Finance Ministry officials have been \u201cindecisive\u201d on whether or not to begin relying on sukuk for financing despite their benefits and the industry\u2019s overall potential. \u201cTo put the potential into perspective: As per end-2017, Islamic finance assets in Egypt added up to about USD 12.8 bn, which is a market share of less than 6% of all banking assets in the country, according to the Egyptian Islamic Finance Association, which forecasts growth to slightly over USD 14 bn in Shariah-compliant assets this year.\u201d Islamic banks have significant potential to serve SMEs and corporate clients and could play an important role in raising Egypt\u2019s banking penetration by convincing \u201cthe unbanked to use professional Islamic banking services through low-income banking products or Islamic microfinance,\u201d Maierbrugger says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A mishmash of archaeology stories dominates news on Egypt in the international press this morning, including continued interest in the idea that a newly discovered ramp helps explain how the Pyramids of Giza were built. Other examples: The British Museum should return the Rosetta Stone to Egypt and replace it with a virtual reality replica, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[7233],"tags":[504,2386,72,7087,2337,280],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621408","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-archaeology","tag-egypt-in-the-news","tag-enterpriseam","tag-finance","tag-islamic-finance","tag-sukuk","wpautop","entry"],"acf":{"mongo_id":"f98782c3-6885-4832-a014-7a8453a05793","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[621388],"teaser":"","voice_url":""},"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>Egypt in the news on 7 November 2018 - 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\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt in the news on 7 November 2018\" \/>\n<meta property=\"og:description\" content=\"A mishmash of archaeology stories dominates news on Egypt in the international press this morning, including continued interest in the idea that a newly discovered ramp helps explain how the Pyramids of Giza were built. Other examples: The British Museum should return the Rosetta Stone to Egypt and replace it with a virtual reality replica, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-07T04:19:52+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt in the news on 7 November 2018\",\"datePublished\":\"2018-11-07T04:19:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\"},\"wordCount\":274,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"archaeology\",\"Egypt in the News\",\"EnterpriseAM\",\"Finance\",\"Islamic finance\",\"sukuk\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/07\/egypt-in-the-news-on-7-november-2018\/\",\"name\":\"Egypt in the news on 7 November 2018 - 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The polyglottic rock has been moved from one room in the British Museum to another for the first time in 18 years, for an exhibition marking the 200th anniversary of\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600017,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/16\/egypt-transforming-area-around-dendera-temple-into-outdoor-museum\/","url_meta":{"origin":621408,"position":2},"title":"Egypt transforming area around Dendera Temple into outdoor museum","author":"enterpriseam admin","date":"16 January 2019","format":false,"excerpt":"The Antiquities Ministry is turning the entrance of Qena\u2019s Dendera Temple into an open-air museum, according to a statement. Artifacts at the entrance include engraved blocks, stone slabs and statues \u2014 all discovered in the surrounding areas. Some of the statues are those of ancient Egyptian goddess Hathor, god Bes\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/1\/1535.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594742,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/05\/egypt-in-the-news-on-5-september-2019\/","url_meta":{"origin":621408,"position":3},"title":"Egypt in the News on 5 September 2019","author":"enterpriseam admin","date":"5 September 2019","format":false,"excerpt":"There is no single story driving the conversation on Egypt in the foreign press this morning. Of the few business-related stories out there is this Xinhua piece analyzing whether the Finance Ministry\u2019s decision to float the customs exchange rate will push up inflation. Meanwhile, the Guardian has a twofer on\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599665,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/06\/scottish-museum-to-display-block-of-the-pyramids-sparks-outrage\/","url_meta":{"origin":621408,"position":4},"title":"Scottish museum to display block of the pyramids sparks outrage","author":"enterpriseam admin","date":"6 January 2019","format":false,"excerpt":"Scotland\u2019s National Museum claims that it is in possession of a block of stone from Egypt\u2019s Khufu pyramid, which will be put on display starting 8 February, according to Al Mal. Egypt\u2019s Antiquities and Repatriation Department Supervisor-General Shaaban Abdel Gawad is in talks with Egyptian and Scottish officials to verify\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604428,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/03\/germanys-bundestag-agrees-to-allot-eur-10-mn-co-finance-egypts-minya-museum\/","url_meta":{"origin":621408,"position":5},"title":"Germany\u2019s Bundestag agrees to allot EUR 10 mn co-finance Egypt\u2019s Minya Museum","author":"enterpriseam admin","date":"3 December 2018","format":false,"excerpt":"The German parliament has agreed to allocate EUR 10 mn to help finance the Akhenaten Museum in Minya,Egypt\u2019s Ambassador to Germany, Badr Abdel Aati, announced on Friday, according to Ahram Online.","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/6\/3.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\/621408","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=621408"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621408\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621388"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621408"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621408"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}