{"id":644865,"date":"2017-07-05T03:59:34","date_gmt":"2017-07-05T03:59:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/correction-19\/"},"modified":"2017-07-05T03:59:34","modified_gmt":"2017-07-05T03:59:34","slug":"correction-19","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/correction-19\/","title":{"rendered":"Correction"},"content":{"rendered":"<p><strong>CORRECTION -<\/strong> We have a couple of Mia Culpas from yesterday\u2019s issue. It was actually Tanmeyah Microfinance which would be receiving a EGP 500 mn facility from Banque Misr, not Tanmiya Capital Ventures (which currently goes by TCV) as we had noted. We had also misquoted supermarket chain Spinneys\u2019 CEO Mohanad Adly as saying that they noted price increases on 1,100 items, when in fact he stated that they were monitoring these items for any hike. H\/t MA.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTION - We have a couple of Mia Culpas from yesterday\u2019s issue. It was actually Tanmeyah Microfinance which would be receiving a EGP 500 mn facility from Banque Misr, not Tanmiya Capital Ventures (which currently goes by TCV) as we had noted. We had also misquoted supermarket chain Spinneys\u2019 CEO Mohanad Adly as saying 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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644865","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"19bcc212-085f-4a86-bf06-19894f93a069","order":"0","is_powered_by":true,"section_story_id":"3a55eb18-a34b-4380-8b65-cccc7b5eb3ad","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644848],"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>Correction - 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\/07\/05\/correction-19\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Correction\" \/>\n<meta property=\"og:description\" content=\"CORRECTION - We have a couple of Mia Culpas from yesterday\u2019s issue. 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The correct value for the tax was 0.25%. The story has since been corrected on our website.","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":623374,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/29\/correction-10\/","url_meta":{"origin":644865,"position":1},"title":"Correction","author":"enterpriseam admin","date":"29 October 2018","format":false,"excerpt":"CORRECTION- Whirlpool will be assembling Whirlpool-branded washing machines in a partnership with MTI Holding. An earlier story in the domestic press, which we noted last week, had said Whirlpool was doing a JV to assemble Ariston-branded white goods. We have updated the story on our website.","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":632808,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/20\/correction-sico-not-looking-to-ipo\/","url_meta":{"origin":644865,"position":2},"title":"Correction- SICO not looking to IPO","author":"enterpriseam admin","date":"20 February 2018","format":false,"excerpt":"CORRECTION- We had noted a story yesterday that device-maker SICO, which launched this week its low-cost, assembled-in-Egypt handset, is planning to list on the EGX. We have since been informed that the story, which ran in Al Mal and cites sources from SICO, is incorrect and that SICO has no\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":628054,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/correction-14\/","url_meta":{"origin":644865,"position":3},"title":"CORRECTION","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"CORRECTION- In last week\u2019s Worth Reading on the state of Egypt\u2019s VCs by Wamda, it was incorrectly noted that Vezeeta\u2019s 2016 Series B round held the record in Egypt at USD 5 mn. That record was brokenlast month with BasharSoft\u2019s job recruitment platforms Wuzzuf and Forasna raising USD 6 mn\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":635041,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/31\/correction-17\/","url_meta":{"origin":644865,"position":4},"title":"Correction","author":"enterpriseam admin","date":"31 January 2018","format":false,"excerpt":"CORRECTION- The Egyptian Competition Authority announced on Tuesday that officials from Qatar\u2019s BeIN Sports, including Chairman Nasser Al-Khelaifi, had been slapped with a EGP 400 mn fine in an antitrust case the ECA brought up with the Cairo Economic Court. Some news outlets had reported on Monday that the fine\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":621703,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/15\/correction-5\/","url_meta":{"origin":644865,"position":5},"title":"Correction","author":"enterpriseam admin","date":"15 November 2018","format":false,"excerpt":"CORRECTION- Lamya Youssef is the head of the studies and design sector at the Egyptian Electricity Transmission Company (EETC), not the head of Egyptera as we had reported on Tuesday. The story has since been corrected on our website. 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