{"id":632292,"date":"2018-02-07T05:53:25","date_gmt":"2018-02-07T05:53:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/"},"modified":"2018-02-07T05:53:25","modified_gmt":"2018-02-07T05:53:25","slug":"global-stock-market-performance-featured-prominently-on-the-airwaves","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/","title":{"rendered":"Global stock market performance featured prominently on the airwaves"},"content":{"rendered":"<p><strong>The downturn in global stock markets featured prominently on the airwaves last night<\/strong> as the nation\u2019s talking heads appeared to finally grown tired of obsessively dissecting political updates.<\/p>\n<p><strong>The EGX\u2019s slump yesterday was a natural reflection of global market conditions<\/strong>, Rasmala Egypt Asset Management Chairman Ahmed Abu El Saad told Hona Al Asema\u2019s Lamees Al Hadidi. El Saad noted that traders have also been waiting for Egypt to heed the IMF\u2019s advice to ease interest rates, which further spurred the sell-off streak.<\/p>\n<p><strong>This will likely be the year in which investors in Egypt\u2019s stock market reap the benefits of the reform program, <\/strong>Abu El Saad said, reminding viewers that Egypt is pressing ahead with planned policy adjustments that will eventually see interest rates decline, making the bourse highly attractive to investors. He also said that the <strong>timing of Egypt\u2019s planned eurobond issuance<\/strong> is opportune, since it is scheduled to happen before an expected hike in US interest rates.<\/p>\n<p><strong>Lamees then schooled her viewers on the relationship between US fiscal policies and the performance of Egypt\u2019s market<\/strong>, stressing that the best way forward is to continue encouraging private sector growth in Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=5Vmf4m0qTpc\">watch, runtime: 31:03<\/a>).<\/p>\n<p><strong>Yahduth fi Masr\u2019s Sherif Amer also zoned in on the EGX with financial analyst Mostafa Adel<\/strong>, who said the EGX is likely to begin recovering by the end of the week, as things ease up for the global market. (Want to share that crystal ball, buddy?) He also warned that an interest rate hike across the pond would have an adverse effect on appetite for the EGP and other EM currencies (<a href=\"https:\/\/www.facebook.com\/YahdothFiMasr\/videos\/537845229927121\/\">watch, runtime: 3:00<\/a>).<\/p>\n<p>Back on Hona Al Asema, Lamees was all smiles over <strong>President Abdel Fattah El Sisi\u2019s \u201cstrong personal relationship\u201d with Abu Dhabi Crown Prince<\/strong> Sheikh Mohammed bin Zayed. The host aired footage of the two leaders taking a stroll and grabbing a bite together at an Abu Dhabi mall (<a href=\"https:\/\/www.youtube.com\/watch?v=yE7tc0k_MFM\">watch, runtime: 6:53<\/a>).<\/p>\n<p>Taking notes from his better half, <strong>Kol Youm\u2019s Amr Adib played the same video<\/strong> and speculated about the conversation, guessing that El Sisi and bin Zayed were likely discussing US relations, the Palestinian issue, and the latest in the Qatar Smackdown (<a href=\"https:\/\/www.youtube.com\/watch?v=A9VEEqJgPnw\">watch, runtime: 4:50<\/a>).<\/p>\n<p>Over on Masaa DMC, <strong>Osama Kamal discussed Egypt\u2019s Mercosur trade liberalization agreement with Export Development Authority chief<\/strong> Sherine El Shorbagy, who said the agreement has been in the works for 10 years and will go a long way in recalibrating Egypt\u2019s trade balance with the Mercosur countries. El Shorbagy noted that Egypt imports around USD 2.5 bn worth of goods from Brazil, but only exports around USD 150 mn to the South American country. She said local exporters should take advantage of the FTA, noting that fertilizers and wood products in particular have a good chance of successfully penetrating these markets (<a href=\"https:\/\/www.youtube.com\/watch?v=6Q2uobf3PYY\">watch, runtime: 10:23<\/a>).<\/p>\n<p><strong>We love Japan, but\u2026<\/strong>Filling in for Tamer Amin on Al Hayah Al Youm was Nahawand Serry, who continued the inexplicable, wall-to-wall coverage of the Education Ministry\u2019s flirtation with Japanese-style schools. Deputy Education Minister Hend Galal says hiring for the schools will begin by the end of this month (<a href=\"https:\/\/www.youtube.com\/watch?v=YqonOEn4_EU\">watch, runtime: 5:42<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The downturn in global stock markets featured prominently on the airwaves last night as the nation\u2019s talking heads appeared to finally grown tired of obsessively dissecting political updates. The EGX\u2019s slump yesterday was a natural reflection of global market conditions, Rasmala Egypt Asset Management Chairman Ahmed Abu El Saad told Hona Al Asema\u2019s Lamees Al [&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":[9281],"tags":[2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-632292","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"bf19aeff-e591-4542-9997-5bffa512eb2f","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[632286],"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>Global stock market performance featured prominently on the airwaves - 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\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global stock market performance featured prominently on the airwaves\" \/>\n<meta property=\"og:description\" content=\"The downturn in global stock markets featured prominently on the airwaves last night as the nation\u2019s talking heads appeared to finally grown tired of obsessively dissecting political updates. The EGX\u2019s slump yesterday was a natural reflection of global market conditions, Rasmala Egypt Asset Management Chairman Ahmed Abu El Saad told Hona Al Asema\u2019s Lamees Al [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-07T05:53:25+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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Global stock market performance featured prominently on the airwaves\",\"datePublished\":\"2018-02-07T05:53:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\"},\"wordCount\":532,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Enterprise+: Last Night\u2019s Talk Shows\",\"EnterpriseAM\"],\"articleSection\":[\"Enterprise+: Last Night\u2019s Talk Shows\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/02\/07\/global-stock-market-performance-featured-prominently-on-the-airwaves\/\",\"name\":\"Global stock market performance featured prominently on the airwaves - 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Saad also appeared on Kelma Akhira (watch, runtime\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","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":562283,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/last-nights-talk-shows-ashraf-al-saads-trip-down-financial-wrongdoing-lane\/","url_meta":{"origin":632292,"position":2},"title":"Last Night\u2019s Talk Shows: Ashraf Al Saad\u2019s trip down Financial Wrongdoing Lane","author":"enterpriseam admin","date":"18 May 2021","format":false,"excerpt":"It was another relatively quiet night on the airwaves last night, save for Ashraf Al Saad\u2019s sitdown with Ala Mas\u2019oleety\u2019s Ahmed Moussa to recount his tale.A throwback to when Islamist pyramid schemes were a thing: Fleeing Egypt to London when faced with charges of financial wrongdoing was \u201cthe biggest mistake\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":556268,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/18\/continued-austerity-measures-and-mandatory-vaccination-for-govt-employees-on-the-airwaves\/","url_meta":{"origin":632292,"position":3},"title":"Continued austerity measures and mandatory vaccination for gov\u2019t employees on the airwaves","author":"enterpriseam admin","date":"18 October 2021","format":false,"excerpt":"Recent government decisions dominated the airwaves last night, with the talking heads each taking turns phoning government officials for their two cents. Among the highlights:Renewed austerity measures: A six-month extension of pandemic-era austerity measures to streamline public spending, after Prime Minister Moustafa Madbouly signed the decision into law. The story\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","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":569650,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/03\/talk-shows-consumed-with-local-cases-impact-of-covid-19\/","url_meta":{"origin":632292,"position":4},"title":"Talk shows consumed with local cases, impact of covid-19","author":"enterpriseam admin","date":"3 March 2020","format":false,"excerpt":"Covid-19 dominated proceedings on the airwaves last night: Al Hayah Al Youm's Lobna Assal provided the details on the Canadian resident who on Sunday tested positive for covid-19 (watch, runtime: 1:57), and spoke with cabinet spokesman Nader Saad, who said that some 1500 workers at the patient\u2019s company (Khalda Petroleum\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":571840,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/02\/mandatory-pricing-scheme-for-egypts-hospitals-rising-covid-19-cases-lead-the-airwaves\/","url_meta":{"origin":632292,"position":5},"title":"Mandatory pricing scheme for Egypt\u2019s hospitals + rising covid-19 cases lead the airwaves","author":"enterpriseam admin","date":"2 June 2020","format":false,"excerpt":"The biggest piece of news to emerge from the airwaves last night was the Health Ministry\u2019s release of its mandatory pricing scheme for hospitals treating covid-19 patients, which El Hekaya\u2019s Amr Adib broke down for viewers. We have the full story in this morning\u2019s Speed Round, below. 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