{"id":642716,"date":"2017-08-21T04:04:51","date_gmt":"2017-08-21T04:04:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/"},"modified":"2017-08-21T04:04:51","modified_gmt":"2017-08-21T04:04:51","slug":"egyptian-bulls-are-running","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/","title":{"rendered":"Egyptian bulls are running"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <a href=\"https:\/\/www.cnbc.com\/2017\/08\/18\/egypt-lures-back-investors-with-higher-rates-quickening-growth.html\"><strong>A flattering report on CNBC<\/strong><\/a><strong> finds all our asset classes looking more and more attractive<\/strong>. The article lauds the emergence of Egypt\u2019s new investment law, which it says will pave the way for foreign investors. The article runs through what we all know and pray for: that the float and the higher interest rates that came with it have allowed liquidity to flow freely and that the less-costly EGP is creating a sweet spot for those looking to export. While there are still some questions around the currency, holding rates steady will be taken by many as a sign of confidence and that the bull run the EGX30 has had will ripple out into other asset classes and the investment environment as a whole. Thanks for the love CNBC, late as it may be.<\/p>\n<p>Oh, and the <strong>average yields on Egypt\u2019s three- and nine-month treasury bills fell yesterday<\/strong>, <a href=\"https:\/\/www.reuters.com\/article\/egypt-treasury-bills-idUSL8N1L60EN\">Reuters reports<\/a>.<\/p>\n<p><strong>Also worth a skim on a very slow news morning<\/strong> for Omm El Donia:<\/p>\n<ul type=\"disc\">\n<li>Egypt, Lebanon and Iran are among the top countries in the world in which folks seek out <strong>surgical procedures designed to have a positive impact on one\u2019s appearance <\/strong>, <a href=\"https:\/\/www.thetimes.co.uk\/article\/lebanon-egypt-and-iran-are-among-the-top-countries-in-the-world-for-cosmetic-procedures-85qpbn0xp\">says the Sunday Times (paywall)<\/a>. <\/li>\n<li><strong>Tribes in Sinai are taking up arms to help the Egyptian Army fight terror groups<\/strong>, George Mikhail <a href=\"http:\/\/www.al-monitor.com\/pulse\/originals\/2017\/08\/egypt-sinai-tribes-arms-army-extremism.html#ixzz4qLAJloQG\">writes for Al-Monitor<\/a>, which is rather late to the story.<\/li>\n<li><strong>Egyptians are enrolling their infant children in swimming classes<\/strong> to help improve their sleep and flexibility, Mohamed Zaki <a href=\"http:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1L60C1\">writes for Reuters<\/a>. <\/li>\n<li><strong>Former Cairo resident Noor Naina Zafar recounts the details of her visit to <\/strong><strong>Cairo and Alexandria<\/strong> seven years after she left Egypt in a piece for <a href=\"http:\/\/tns.thenews.com.pk\/egypt-foot\/#.WZlAQ5MjHUI\">Pakistan\u2019s The News on Sunday<\/a>.<\/li>\n<li><strong>Prickly pears, a summer fruit only sold by street vendors, remain <\/strong><strong>affordable <\/strong>amidst soaring prices, and are thus called \u201cthe fruit of the poor,\u201d writes Ramadan Al Sherbini <a href=\"http:\/\/gulfnews.com\/news\/mena\/egypt\/one-man-s-fruit-is-another-man-s-thorns-1.2077088\">for Gulf News<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A flattering report on CNBC finds all our asset classes looking more and more attractive. The article lauds the emergence of Egypt\u2019s new investment law, which it says will pave the way for foreign investors. The article runs through what we all know and pray for: that the float and the higher interest rates that [&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":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642716","post","type-post","status-publish","format-standard","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"d9173202-94b6-41c0-91ca-361995a03946","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642693],"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>Egyptian bulls are running - 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\/08\/21\/egyptian-bulls-are-running\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian bulls are running\" \/>\n<meta property=\"og:description\" content=\"A flattering report on CNBC finds all our asset classes looking more and more attractive. 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The article runs through what we all know and pray for: that the float and the higher interest rates that [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-08-21T04:04:51+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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egyptian bulls are running\",\"datePublished\":\"2017-08-21T04:04:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\"},\"wordCount\":315,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt in the News\",\"EnterpriseAM\"],\"articleSection\":[\"EGYPT IN THE NEWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\",\"name\":\"Egyptian bulls are running - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-08-21T04:04:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egyptian bulls are running\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egyptian bulls are running - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/21\/egyptian-bulls-are-running\/","og_locale":"en_US","og_type":"article","og_title":"Egyptian bulls are running","og_description":"A flattering report on CNBC finds all our asset classes looking more and more attractive. 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Some reforms, including widening\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/72.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549982,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/10\/oih-is-planning-four-new-hotels\/","url_meta":{"origin":642716,"position":2},"title":"OIH is planning four new hotels","author":"enterpriseam admin","date":"10 October 2022","format":false,"excerpt":"Orascom Investment Holding (OIH) has earmarked USD 200-300 mn to build four new hotels \u2014 two in the North Coast, one in Cairo and another in Giza near the pyramids, chairman Naguib Sawiris said at an economic conference last week.Details TBD: The company is currently conducting studies into unspecified new\u2026","rel":"","context":"In &quot;Investment Watch&quot;","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/173.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567199,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/15\/egypts-al-ahly-capital-to-acquire-pharos-asset-management-for-egp-20-mn\/","url_meta":{"origin":642716,"position":3},"title":"Egypt\u2019s Al Ahly Capital to acquire Pharos\u2019 asset management for EGP 20 mn","author":"enterpriseam admin","date":"15 January 2020","format":false,"excerpt":"M&A WATCH- Al Ahly Capital is planning a c. EGP 20 mn bid for Pharos Holding\u2019s asset management and investment banking arms, Al Mal reports, citing sources familiar with the bid. The sources said that the acquisition could be completed within the coming two months. Al Ahly Capital, a National\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556413,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/25\/aaaid-to-invest-usd-220-mn-in-egypts-agriculture-sector\/","url_meta":{"origin":642716,"position":4},"title":"AAAID to invest USD 220 mn in Egypt\u2019s agriculture sector","author":"enterpriseam admin","date":"25 October 2021","format":false,"excerpt":"The Arab Authority for Agricultural Investment and Development (AAAID) could invest USD 220 mn in Egypt\u2019s agriculture sector, according to Hapi Journal. The finance will be directed primarily towards small farmers, authority head Mohammed Bin Obaid Al Mazrooei said during a presser, without providing further information.What\u2019s the AAAID? 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We spoke with Ayman Sami, Country Head of JLL Egypt, at the EnterpriseAM Egypt forum to talk about the asset classes he believes offer\u2026","rel":"","context":"In &quot;ON THE SIDELINES&quot;","block_context":{"text":"ON THE SIDELINES","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-sidelines\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/11\/981.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\/642716","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=642716"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642716\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642693"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642716"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642716"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642716"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642716"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642716"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}