{"id":639475,"date":"2017-10-30T03:37:31","date_gmt":"2017-10-30T03:37:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/our-roundup-of-last-nights-talk-shows-is-back-in-time-for-an-econ-heavy-night\/"},"modified":"2017-10-30T03:37:31","modified_gmt":"2017-10-30T03:37:31","slug":"our-roundup-of-last-nights-talk-shows-is-back-in-time-for-an-econ-heavy-night","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/30\/our-roundup-of-last-nights-talk-shows-is-back-in-time-for-an-econ-heavy-night\/","title":{"rendered":"Our roundup of Last Night\u2019s Talk Shows is back in time for an econ-heavy night"},"content":{"rendered":"

<\/a> Our daily roundup of Last Night\u2019s Talk Shows returns<\/strong> just in time for Lamees Al Hadidi\u2019s busy night interviewing a number of high-profile industry executives in an econ-heavy episode of Hona Al Asema.<\/p>\n

AmCham President Tarek Tawfik had a chat with Lamees about the economic reform <\/strong>agenda<\/strong>, which he said is imperative to continue attracting investment. Tawfik explained that reforms have been pushing Egypt\u2019s industrial framework to change, with companies increasingly turning their backs on imports in favor of manufacturing, assembly, and exports. Tourism, food production, and agriculture have so far reaped the greatest benefits of reforms (watch, runtime 9:53<\/a>).<\/p>\n

Domty Vice Chairman Mohamed El Damaty, however, says reforms have hurt the food <\/strong>industry. <\/strong>While the sector is showing very early signs of recovery, there remains the issue of consumer purchasing power, which is still suffering as a result of the float and the removal of energy subsidies. High interest rates are unsustainable for the sector, according to Damaty (watch, runtime 4:04<\/a>).<\/p>\n

Lamees also spoke to EGX Chairman Mohamed Farid about the rebound in foreign <\/strong>portfolio investment. <\/strong>Farid said foreign appetite for Egyptian equities is up more than 13x YTD (watch, runtime 5:39<\/a>).<\/p>\n

Banque Misr Chairman Mohamed El Etreby said the EGP float breathed new life into the <\/strong>nation\u2019s banks<\/strong>, which now have stronger FCY positions and can easily cover the demands of importers. He noted that the current FX rate is largely stable across banks, all of which are buying and selling USD without restraint. On a broader scale, El Etreby pointed to improvements in remittances and the CBE\u2019s FX reserves, rising exports, and the gradual return of tourism as the fruits of economic reform. As for concerns about hot money, El Etreby said that the carry trade shows no sign of going away even though T-bills are yielding 15% today, down from 18% previously.<\/p>\n

El Etreby also took a moment to discuss his bank\u2019s newly minted office in Moscow<\/strong>, which he said will offer consultative services to Russian investors eyeing the Egyptian market (watch, runtime 7:34<\/a>).<\/p>\n

Over on Kol Youm, controversial TV host Islam El Behery told Amr Adib about his most <\/strong>trouble with the law, <\/strong>after several news outlets<\/a> reported yesterday that a court ruling<\/a> had suspended his show Maa Islam on Al Qahera Wel Nas and barred him from appearing on satellite TV. The host, who had been accused by Al Azhar of attacking Islamic law, said the show has been defunct since 2015 and said a court order can\u2019t keep him from appearing on TV since it would be unconstitutional. El Behery told Adib that he is already back on his feet after a year-long stint in prison, as he is currently hosting one show and is gearing up for another three (watch, runtime 16:00<\/a>).<\/p>\n

Adib spoke to Samih Sawiris about the technicalities of naming the Zewail Science and <\/strong>Technology City<\/strong>, which Sawiris reassured Adib will still be known as Zewail City despite it officially being named The Renaissance Project (watch, runtime 13:13<\/a>).<\/p>\n

Adib also showcased a report about Trade and Industry Minister Tarek Kabil\u2019s <\/strong>inauguration of an SME industrial complex in Suez<\/strong>, which will offer technical training for vocational education students (watch, runtime 3:00<\/a>).<\/p>\n

Electricity Ministry spokesperson Ayman Hamza told Masaa\u2019 DMC\u2019s Eman El Hosary<\/strong> that the ministry has received some 2.34 mn complaints via its hotline over the past two months, the majority of which were about technical issues or consumers\u2019 power bills (watch, runtime: 7:35<\/a>).<\/p>\n

Supply Ministry spokesperson Mohamed Sewed also phoned in<\/strong> to explain that a recent decision forcing subsidized good retailers to pay 25% of the value of their goods as a security deposit means to curb black market sales. Sewed told El Hosary that this system replaces previous punitive measures where grocers would pay a nominal fine if found guilty of graft. However, Grocers\u2019 Syndicate head Maged Nady said the system is harmful and unnecessary since the distribution of subsidized goods is closely monitored now (watch, runtime 11:49<\/a>).<\/p>\n

Over on Yahduth fi Masr, Sherif Amer spoke to Supreme Media Council head<\/strong> Makram Mohamed Ahmed, who said the Arab Quartet\u2019s information ministers agreed during a meeting that more countries need to join the boycott of the Statelet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Our daily roundup of Last Night\u2019s Talk Shows returns just in time for Lamees Al Hadidi\u2019s busy night interviewing a number of high-profile industry executives in an econ-heavy episode of Hona Al Asema. AmCham President Tarek Tawfik had a chat with Lamees about the economic reform agenda, which he said is imperative to continue attracting […]<\/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-639475","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":"0caf6b17-5ee2-4fa3-8680-cfb0977b937b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[639469],"teaser":"","voice_url":""},"yoast_head":"\nOur roundup of Last Night\u2019s Talk Shows is back in time for an econ-heavy night - 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\/30\/our-roundup-of-last-nights-talk-shows-is-back-in-time-for-an-econ-heavy-night\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Our roundup of Last Night\u2019s Talk Shows is back in time for an econ-heavy night\" \/>\n<meta property=\"og:description\" content=\"Our daily roundup of Last Night\u2019s Talk Shows returns just in time for Lamees Al Hadidi\u2019s busy night interviewing a number of high-profile industry executives in an econ-heavy episode of Hona Al Asema. 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The program is reportedly kicking off mid-month and will run Saturday-Monday every week, according to Youm7.\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":598080,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/14\/598080\/","url_meta":{"origin":639475,"position":2},"title":"The nation\u2019s talking heads are\u2026","author":"enterpriseam admin","date":"14 May 2019","format":false,"excerpt":"The nation\u2019s talking heads are on annual leave. 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If anything particularly newsworthy should break on the talkies overnight, we\u2019ll have coverage in Speed Round.","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":627796,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/the-creature-named-okasha-looks-set-to-return-to-the-airwaves-when-talk-shows-return-from-ramadan-hiatus\/","url_meta":{"origin":639475,"position":5},"title":"The Creature Named Okasha looks set to return to the airwaves when talk shows return from Ramadan hiatus","author":"enterpriseam admin","date":"12 June 2018","format":false,"excerpt":"Dig a hole. Make it deep. Crawl into it. Pull the earth in on top of yourself. We can think of no other way to cope with the news that the creature named Tawfik Okasha is returning to television after Eid. That\u2019s right, folks: Okasha, the enemy (the Anti-Murrow if\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\/2018\/6\/302.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\/639475","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=639475"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639475\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639469"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639475"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639475"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}