{"id":638842,"date":"2017-10-16T03:51:20","date_gmt":"2017-10-16T03:51:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/world-bank-fall-meetings-new-administrative-capital-and-a-post-mortem-of-unesco-elections\/"},"modified":"2017-10-16T03:51:20","modified_gmt":"2017-10-16T03:51:20","slug":"world-bank-fall-meetings-new-administrative-capital-and-a-post-mortem-of-unesco-elections","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/16\/world-bank-fall-meetings-new-administrative-capital-and-a-post-mortem-of-unesco-elections\/","title":{"rendered":"World Bank Fall Meetings, new administrative capital, and a post-mortem of UNESCO elections"},"content":{"rendered":"

A number of topics kept our nation\u2019s talking heads busy last night on the airwaves, including the Egyptian delegation in D.C, the new administrative capital, and the UNESCO elections.<\/p>\n

The government\u2019s upcoming eurobond issuance will not be preceded by a roadshow like <\/strong>its predecessor, <\/strong>Finance Minister Amr El Garhy told Hona Al Asema\u2019s Lamees Al Hadidi. The minister phoned in from Washington, DC, to update Lamees on the IMF and World Bank\u2019s Fall Meetings, where he sat down with IMF Managing Director Christine Lagarde and several finance ministers from the MENA region to discuss inclusive growth and each country\u2019s challenges in achieving it.<\/p>\n

The minister also recapped some positive economic indicators<\/strong>, including month-on-month declines in inflation, which he said also reflects price stability and a nascent economic recovery. That will eventually lead the CBE to reduce interest rates that have slowed private investment (watch, runtime 10:48<\/a>).<\/p>\n

Lamees also hosted the chairman of the New Administrative Capital Company (NACC),<\/strong> Ahmed Zaki Abdeen, who said that his company reworked the project\u2019s blueprints to cope with the \u201cmassive turnout\u201d of eager investors, converting certain areas from residential to investment districts. Land plots are currently going for EGP 3,500 per sqm, and NACC has sold 1,600 feddans to investors so far (watch, runtime 3:12<\/a>).<\/p>\n

Despite the strong demand, rising costs as a result of the float have been a challenge for <\/strong>the NACC, <\/strong>which is 49%-owned by the New Urban Communities Authority, with the military holding the balance (watch, runtime 3:53<\/a>).<\/p>\n

Meanwhile on Kol Youm<\/strong>, Foreign Minister Sameh Shoukry told Amr Adib that the decision to push an Egyptian nominee into the race for UNESCO\u2019s top job was partially due to Qatar\u2019s early announcement of its intention to run (watch, runtime 6:00<\/a>). The minister said he was surprised when some of Egypt\u2019s backers withdrew their support during the election (watch, runtime 1:24<\/a>)<\/p>\n

Over on Masaa DMC, Eman El Hosary discussed the Palestinian reconciliation <\/strong>with Fatah spokesperson Hazem Abou Shanab, who said that the Rafah border crossing will be under Palestinian Authority control once Egypt is done reconstructing its side (watch, runtime 5:00<\/a>).<\/p>\n

Yahduth fi Masr\u2019s Sherif Amer spoke to US Squash Open champions,<\/strong> Ali Farag and Nour El Tayeb, about their victory last weekend \u2014 the first time a married couple win a major championship on the same day.<\/p>\n","protected":false},"excerpt":{"rendered":"

A number of topics kept our nation\u2019s talking heads busy last night on the airwaves, including the Egyptian delegation in D.C, the new administrative capital, and the UNESCO elections. The government\u2019s upcoming eurobond issuance will not be preceded by a roadshow like its predecessor, Finance Minister Amr El Garhy told Hona Al Asema\u2019s Lamees Al […]<\/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-638842","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":"276358be-8a52-4d31-a49c-48cd390392c1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638836],"teaser":"","voice_url":""},"yoast_head":"\nWorld Bank Fall Meetings, new administrative capital, and a post-mortem of UNESCO elections - 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\/16\/world-bank-fall-meetings-new-administrative-capital-and-a-post-mortem-of-unesco-elections\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank Fall Meetings, new administrative capital, and a post-mortem of UNESCO elections\" \/>\n<meta property=\"og:description\" content=\"A number of topics kept our nation\u2019s talking heads busy last night on the airwaves, including the Egyptian delegation in D.C, the new administrative capital, and the UNESCO elections. 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The Ismail Cabinet is expected to sign off on the\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":638779,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/unesco-elections-dominate-the-debate-with-focus-on-qatar\/","url_meta":{"origin":638842,"position":1},"title":"UNESCO elections dominate the debate, with focus on Qatar","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"It was a night of Qatar-bashing on the airwaves with the statelet accused of bribery in its failed campaign to win the top job at UNESCO. In about the only business-related story of the night, Vice Minister of Finance Amr El Monayer popped up to talk about FY2016-17 tax revenues\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":647411,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/","url_meta":{"origin":638842,"position":2},"title":"Talk of the investment act dominates the airwaves on Last Night\u2019s Talk Shows.","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"The Investment Act was once again the topic of choice on the airwaves last night. On Hona Al Asema, Lamees El Hadidi had a chat with Finance Minister Amr El Garhy about issues ranging from the Investment Act and the IMF delegation visiting Cairo. El Garhy also told Lamees that\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":571988,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/08\/maait-gives-lamees-an-update-on-egypts-economic-outlook-amid-covid-19\/","url_meta":{"origin":638842,"position":3},"title":"Maait gives Lamees an update on Egypt\u2019s economic outlook amid covid-19","author":"enterpriseam admin","date":"8 June 2020","format":false,"excerpt":"The highlight of last night\u2019s talk shows was Finance Minister Mohamed Maait\u2019s chat with Al Kahera Alaan\u2019s Lamees El Hadidi for an update on Egypt\u2019s macro indicators and the government\u2019s outlook amid covid-19. 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El Garhy also vehemently denied rumors suggesting that the government has plans to hike energy prices,\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":575409,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/last-nights-talk-shows-imfs-gdp-growth-forecast-for-egypt-no-lockdown-plans\/","url_meta":{"origin":638842,"position":5},"title":"Last night\u2019s talk shows: IMF\u2019s GDP growth forecast for Egypt + no lockdown plans","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"The talking heads had plenty to mull yesterday thanks to an active news cycle, but no single story dominated the conversation. The IMF\u2019s upwards revision of its forecast for Egypt\u2019s GDP growth in the World Economic Outlook, which was released yesterday, earned airtime on Kelma Akhira (watch, runtime: 1:42) and\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638842","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=638842"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638842\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638836"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638842"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638842"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}