{"id":638285,"date":"2017-10-01T04:09:58","date_gmt":"2017-10-01T04:09:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/on-this-day-1-october\/"},"modified":"2017-10-01T04:09:58","modified_gmt":"2017-10-01T04:09:58","slug":"on-this-day-1-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/on-this-day-1-october\/","title":{"rendered":"On this day: 1 October"},"content":{"rendered":"<p><strong>ON THIS DAY-<\/strong> On this day in 1908, the Ford Model T, regarded as the car that established a mass market for automobiles, was introduced to the market at a total cost of USD 825. <a href=\"https:\/\/en.wikipedia.org\/wiki\/Ford_Model_T#cite_note-17\">Henry Ford\u2019s quote on the vehicle\u2019s aims is priceless.<\/a> In Egypt, scores were killed in a stampede that took place during former President Gamal Abdel Nasser\u2019s funeral. <a href=\"http:\/\/news.bbc.co.uk\/onthisday\/hi\/dates\/stories\/october\/1\/newsid_2485000\/2485899.stm\">BBC says<\/a>\u201cThe funeral cortege should have been a sombre state ceremony attended by 40 major-generals and 5,000 troops. But as the president's bier passed through the capital towards its final resting place, the sheer weight of numbers of grief-stricken Egyptians threatened to disrupt the procession.\u201d Also, on this day in 1975 Muhammad Ali beat Joe Frazier in the \u201c<a href=\"http:\/\/news.bbc.co.uk\/onthisday\/hi\/dates\/stories\/october\/1\/newsid_4074000\/4074712.stm\">Thrilla in Manila<\/a>\u201d bout. <a href=\"https:\/\/enterprise.press\/issues\/2015\/10\/01\/making-money-in-education-abraaj-in-reported-usd-100-mn-tiba-investment\/\">Two years ago<\/a> this day, we reported on Egypt becoming a full member of the EBRD and Abraaj making an investment in education provider Tiba Group.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ON THIS DAY- On this day in 1908, the Ford Model T, regarded as the car that established a mass market for automobiles, was introduced to the market at a total cost of USD 825. Henry Ford\u2019s quote on the vehicle\u2019s aims is priceless. In Egypt, scores were killed in a stampede that took place [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":638286,"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":[9257],"tags":[72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-638285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-on-your-way-out","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d7ba44af-e989-4a0d-a1be-9a53670dc79c","order":"0","is_powered_by":true,"section_story_id":"c21599d3-1457-4893-b3f5-a30cad3a6f06","story_type":"1","photo_url":"https:\/\/ent.news\/2017\/9\/1185.jpg","photo_position":"above","related_issue":[638243],"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>On this day: 1 October - 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\/2017\/10\/01\/on-this-day-1-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On this day: 1 October\" \/>\n<meta property=\"og:description\" content=\"ON THIS DAY- On this day in 1908, the Ford Model T, regarded as the car that established a mass market for automobiles, was introduced to the market at a total cost of USD 825. 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The committee was formed under a new law handing the prime\u2026","rel":"","context":"In &quot;COVID WATCH&quot;","block_context":{"text":"COVID WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/covid-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":620613,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/05\/23\/shoukry-heads-to-iran-to-attend-raisis-funeral\/","url_meta":{"origin":638285,"position":1},"title":"Shoukry heads to Iran to attend Raisi\u2019s funeral","author":"enterpriseam admin","date":"23 May 2024","format":false,"excerpt":"Egypt and Iran have been in talks for some time now about normalizing ties and reopening embassies","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/5\/1840.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":664100,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/22\/tbs-holding-negotiates-sale-of-25-stake-to-saudi-fund\/","url_meta":{"origin":638285,"position":2},"title":"TBS Holding negotiates sale of 25% stake to Saudi fund","author":"enterpriseam admin","date":"22 April 2025","format":false,"excerpt":"Good afternoon, friends. The condensed workweek coincides with a slew of news of regional acquisitions and more volatility in the global market.THE BIG STORY TODAY Homegrown TBS Holding is in talks to offload a 25% stake to an unnamed Saudi direct investment fund for up to USD 20 mn, Chief\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/1410.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552638,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/19\/this-evening-alex-medical-is-back-in-the-bidding-war-spotlight-queen-elizabeth-ii-laid-to-rest\/","url_meta":{"origin":638285,"position":3},"title":"THIS EVENING: Alex Medical is back in the bidding war spotlight + Queen Elizabeth II laid to rest","author":"enterpriseam admin","date":"19 September 2022","format":false,"excerpt":"Happy Monday, friends. We bring to you an unusually quiet afternoon on the news front, as the international press is squarely focused on Queen Elizabeth II\u2019s funeral and the local press appears to be watching along as well.THE BIG STORY TODAY The bidding war for Alex Medical is back: UAE\u2019s\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":684669,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/02\/01\/inside-soknas-push-to-bring-tech-to-egypts-funeral-services-sector\/","url_meta":{"origin":638285,"position":4},"title":"Inside Sokna\u2019s push to bring tech to Egypt\u2019s funeral services sector","author":"enterpriseam admin","date":"1 February 2026","format":false,"excerpt":"Technology has barely entered this space \u2014 even in the US","rel":"","context":"In &quot;Coffee With&quot;","block_context":{"text":"Coffee With","link":"https:\/\/enterpriseam.com\/egypt\/category\/agreements-and-mous-totalling-eur-67-7-bn-inked-at-egypt-eu-investment-conference\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/2\/8.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":552618,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/18\/this-evening-nclude-closes-second-round-of-funding-madbouly-is-in-london-for-queen-elizabeth-iis-funeral\/","url_meta":{"origin":638285,"position":5},"title":"THIS EVENING: Nclude closes second round of funding + Madbouly is in London for Queen Elizabeth II\u2019s funeral","author":"enterpriseam admin","date":"18 September 2022","format":false,"excerpt":"Good afternoon, wonderful people. We\u2019re off to a medium-quiet start to the workweek here on the home front, while the rest of the world is still very much in weekend mode.THE BIG STORY TODAY Fintech fund Nclude capital reaches USD 105 mn with second round of funding: Nclude, the high\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638285","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=638285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638243"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/638286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}