{"id":646312,"date":"2017-06-12T03:42:07","date_gmt":"2017-06-12T03:42:07","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/what-were-tracking-on-12-june-2017\/"},"modified":"2017-06-12T03:42:07","modified_gmt":"2017-06-12T03:42:07","slug":"what-were-tracking-on-12-june-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/12\/what-were-tracking-on-12-june-2017\/","title":{"rendered":"What we\u2019re tracking on 12 June 2017"},"content":{"rendered":"

<\/a>We\u2019re now officially in the dog days of Ramadan.<\/strong> How do we know? Well, for starters, there\u2019s nearly no domestic news of any flavour today. Then there\u2019s the fact that the biggest story on \u2018Egypt\u2019 in the international press this morning is confirmation that the next iteration of the popular video game Assassin\u2019s Creed is set in Ancient Egypt<\/a> (link includes a 5:27 clip of gameplay).<\/p>\n

How slow is it?<\/strong> Bad enough we\u2019re going back to our roots in entrepreneurship to take note of the Financial Times\u2019 latest special report, this one headlined Understanding Entrepreneurs<\/strong><\/a>. <\/strong>The package is worth reading if only for one reason: It\u2019s bold, up-front admission that most of us building businesses aren\u2019t living a \u201cstartup\u201d lifestyle and aren\u2019t trying to build the next \u201cunicorn.\u201d Among the stories worth of note in the EY-sponsored package that\u2019s been running for the last week or so:<\/p>\n

\u201cHow to turn a start-up into a lasting family business\u201d<\/strong><\/a> \u2014 a topic that should resonate with many of us here in Omm El Donia, starting with the quote, \u201cWhen a business has been built from scratch, many entrepreneurs have difficulty letting go of running it, whether to experienced executives or their own children.\u201d<\/p>\n

\u201cSometimes the best thing a founder can do is sell out\u201d<\/strong><\/a> reminds us that for some of us, our first business is a starter business \u2014 more than half of all entrepreneurs go on to start a second company. (And keeping in mind that the best thing you can do for your business is plan to sell it \u2014 even if you\u2019re convinced you\u2019ll only ever leave it feet-first on a gurney \u2014 we cannot recommend highly enough John Warrillow\u2019s book Built to Sell: Creating a business that can thrive without you<\/strong><\/a> and thepodcast that it inspired<\/strong><\/a>.<\/strong>)<\/p>\n

Stop complaining about doing business in Egypt: <\/strong>An EY survey of 2,340 chief executives and senior leaders of mid-market companies (which they define as those with USD 1 mn to USD 3 bn in revenues) found that 90% of respondents see uncertainty as an opportunity for growth<\/strong><\/a>.<\/strong><\/p>\n

Elsewhere this morning: The New York Times would very much like you to know that El Face founder Mark Zuckerberg is wrong \u2014 there really is such a thing as a \u201ceureka\u201d moment.<\/strong><\/a><\/p>\n

So, when do we eat?<\/strong> Maghrib prayers are at 6:57pm CLT in Cairo, and the cutoff time for sohour is 3:08am.<\/p>\n","protected":false},"excerpt":{"rendered":"

We\u2019re now officially in the dog days of Ramadan. How do we know? Well, for starters, there\u2019s nearly no domestic news of any flavour today. Then there\u2019s the fact that the biggest story on \u2018Egypt\u2019 in the international press this morning is confirmation that the next iteration of the popular video game Assassin\u2019s Creed is […]<\/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":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-646312","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"50792adf-c33e-45c8-8473-6fb353dc4d9a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646310],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 12 June 2017 - 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\/06\/12\/what-were-tracking-on-12-june-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking on 12 June 2017\" \/>\n<meta property=\"og:description\" content=\"We\u2019re now officially in the dog days of Ramadan. 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There\u2019s still no word on when the new lineup will be announced; a spokesman for Ismail said late last week that\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638302,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/what-were-tracking-this-week-109\/","url_meta":{"origin":646312,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"The Emirates NBD PMI reading for Egypt comes out tomorrow.Prime Minister Ismail Sherif declared Thursday a public holiday for government offices and state-owned companies, as the 6 October holiday falls on a Friday this year. There\u2019s been no word from the Central Bank of Egypt on whether banks take the\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632462,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/12\/what-were-tracking-this-week-59\/","url_meta":{"origin":646312,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"12 February 2018","format":false,"excerpt":"It\u2019s interest rate week, and the folks on the sell side aren\u2019t so certain we\u2019ll see a rate cut: The central bank\u2019s Monetary Policy Committee meets on Thursday to review rates.Our friends at Pharos think the MPC is most likely to maintain rates, but if a cut does come, it\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":648495,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/build-your-own-ferrari\/","url_meta":{"origin":646312,"position":3},"title":"Build your own Ferrari","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"Want to waste a few minutes \/ hours at your desk while your underlings (or boss) aren\u2019t looking? Top Gear is recommending you head on over to the Ferrari website and start building your own Ferrari 812 Superfast. Our taste in automobiles may run to boxy Jeeps and vintage Corvettes,\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/4\/2321.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":591873,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/19\/a-20-year-old-startups-ceo-is-on-making-it-today-finance-geeks-this-ones-for-you\/","url_meta":{"origin":646312,"position":4},"title":"A 20-year-old startup\u2019s CEO is on Making It today, finance geeks, this one\u2019s for you","author":"enterpriseam admin","date":"19 December 2019","format":false,"excerpt":"The next episode of our interview show about building a great business in Egypt is out today: Today\u2019s episode of Making It is a must-listen for finance nerds. Look for the episode in your podcast feed in time for your afternoon commute. You can listen on our website | Apple\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/Making-It-Album-Cover-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":628361,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/what-were-tracking-this-week-15\/","url_meta":{"origin":646312,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"2 May 2018","format":false,"excerpt":"GERD talks on Saturday: The next round of talks over the Grand Ethiopian Renaissance Dam (GERD) will be held in Addis Ababa on Saturday, 5 May, said Sudanese Irrigation Minister Moataz Moussa, according to El Watan.","rel":"","context":"In "What We\u2019re Tracking This Week"","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"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\/646312","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=646312"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646312\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646310"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646312"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646312"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}