{"id":646369,"date":"2017-06-13T04:08:35","date_gmt":"2017-06-13T04:08:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/what-were-tracking-on-13-june-2017\/"},"modified":"2017-06-13T04:08:35","modified_gmt":"2017-06-13T04:08:35","slug":"what-were-tracking-on-13-june-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/13\/what-were-tracking-on-13-june-2017\/","title":{"rendered":"What we\u2019re tracking on 13 June 2017"},"content":{"rendered":"

Today\u2019s episode of Qatar Smackdown is brought to you by the UK<\/strong>, which is urging the GCC states to ease the blockade on the Statelet, Reuters reports<\/a>. \u201cI am also concerned by some of the strong actions which Saudi Arabia, UAE, Egypt and Bahrain have taken against an important partner,\" UK Foreign Secretary Boris Johnson said following meeting Qatar's Foreign Minister Mohammed Al Thani. Al Thani had also said<\/a> that Qatar is still waiting for specific demands from the bloc and therefore sees no basis yet for a diplomatic solution. Meanwhile, Egyptian authorities have reportedly renewed requests to Interpol for the extradition of 400 wanted terror suspects, including 26 in Qatar who were recently designated as terrorists, security sources said, according to Al Arabiya<\/a>. Among the most prominent on the list is Ikhwan-affiliated cleric Yusuf Al-Qaradawi.<\/p>\n

A message to Egypt from the Statelet? <\/strong>The WSJ\u2019s daily logistics column<\/a> notes that \u201cQatar diverted two U.K.-bound LNG tankers from Egypt\u2019s Suez Canal last week, highlighting the potential for disruption of vital energy arteries.\u201d The piece notes that Egypt nets mns in fees from Qatari LNG tankers and quotes a trader as speculating that \u201cthe diversion may have been meant as a message to Egypt: \u2018It is Qatar flexing their muscles.\u2019\u201d<\/p>\n

Now, shrug that off by reading \u201cThese Are the Corporate Winners and Losers of the<\/strong>Qatar Standoff<\/strong><\/a>\u201d by Bloomberg\u2019s Filipe Pacheco and Ahmed Namatalla, which offers a great sector-by-sector rundown.<\/p>\n

Khaled Ismail makes the Financial Times: <\/strong>We don\u2019t know why this wasn\u2019t included in the FT\u2019s Understanding Entrepreneurs package (which we noted yesterday<\/a>), but it\u2019s nevertheless always a delight when a friend of Enterprise winds up profiled in the salmon-colored paper. Heba Saleh has a very nice piece on Khaled Ismail\u2019s one-man angel investment outfit KIAngel<\/strong>, the aim of which is not make a profit, but to \u201cpromote entrepreneurship in ways that make a difference to new companies, through the provision of capital, advice and connections.\u201dBefore becoming an angel investor, Ismail had created Egypt-based SySDSoft, an outfit that developed critical software for mobile phones \u2014 and sold the company to Intel in March 2011<\/a>. \u201cHe says he had initially intended to give a chunk of [the proceeds] from the sale of SySDSoft to charity. But he decided traditional philanthropy was less effective than promoting business, which expands the middle class and allows it to become an employer<\/strong>.\u201d Ismail argues that that legal framework for starting and winding down a business needs to be made easier. (Question for our fair MPs: Where\u2019s that bankruptcy act we were promised?) Saleh writes that KIAngel has invested USD 1.4 mn in 13 companies since 2012, of which three failed. Ismail says he typically acquires 5-40% stakes at an average initial ticket size between EGP 300k-2mn.<\/p>\n

US Attorney General Jeff Sessions will testify today in front of the same Senate <\/strong>committee <\/strong>before which former FBI boss James Comey appeared last week. Sessions will be grilled on his involvement in the ongoing probe into ties between the Trump administration and Russia, in both his current capacity and as a former Trump campaign official.<\/p>\n

Pay close attention to where that email originated \u2014 and whether the tone is right <\/strong>\u2014 before you hit \u201creply\u201d:<\/strong> The CEOs of Goldman Sachs and Citi joined the bosses of both Barclays and the Bank of England as the latest senior banking executives to be \u201chooked by an email prankster trolling top Wall Street brass, exposing a low-tech gap in banks\u2019 cybersecurity armor.\u201d The two men \u201cresponded over the weekend to emails sent by the anonymous prankster masquerading as top executives at the two banks,\u201d the Wall Street Journal<\/a> reports. Dealbreaker<\/a> and RT<\/a> have screenshots from the exchanges posted to Twitter by the \u2018prankster.\u2019<\/p>\n

How to not lose your acceptance to Harvard: Shut your Face(book). <\/strong>In the wake of news that Harvard pulled acceptance offers extended to at least 10 incoming freshmen over their postings to a private Facebook group, the New York Times has recommendations that should be mandatory reading for any human being in ninth grade<\/a>through to the c-suite, starting with: \u201cIf you wouldn\u2019t want something you posted to end up on a jumbotron in Times Square, DO NOT POST IT<\/strong>.\u201d We can\u2019t remember the last time the Times used ALL CAPS TO SHOUT AT US, but have no problem with it at all in this case. The takeaway for adults and teens alike: Digital media literacy \u201cis just as important as financial literacy now: Who we appear to be online can significantly impact earning power.\u201d<\/p>\n

The new 10.5\u201d iPad Pro is getting rave reviews<\/strong> in both the mainstream<\/a> and the tech press. You could do worse than to start this review by Italy\u2019s Federico Viticci<\/a>, the iPad productivity guru who predicted many of the features of iOS 11, which reviewers almost uniformly agree will make the 10.5\u201d iPad a viable laptop replacement for many. 9to5 Mac has a roundup of other reviews<\/a> you might want to check out if you\u2019re considering dropping some coin on the device.<\/p>\n

This morning\u2019s edition of Enterprise is brought to you by: <\/strong>Soundgarden\u2019s Badmotorfinger, the Super Deluxe Edition. Specifically: The tracks from the group\u2019s 1992 performance at Seattle\u2019s Paramount Theatre, which saw them share the stage with Nirvana and The Melvins. Listen to the album here<\/a>, check out the poster here<\/a>, and email us on editorial@enterprise.press<\/a> if you know where we can find a recording of the whole concert (including Nirvana and The Melvins).<\/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":"

Today\u2019s episode of Qatar Smackdown is brought to you by the UK, which is urging the GCC states to ease the blockade on the Statelet, Reuters reports. \u201cI am also concerned by some of the strong actions which Saudi Arabia, UAE, Egypt and Bahrain have taken against an important partner,\" UK Foreign Secretary Boris Johnson […]<\/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-646369","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":"ae2d2f68-aca6-4ac2-a1d3-147f4a7445c4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646367],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 13 June 2017 - 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All four\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":545000,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/30\/el-sisi-holds-talks-with-qatar-libya\/","url_meta":{"origin":646369,"position":1},"title":"El Sisi holds talks with Qatar + Libya","author":"enterpriseam admin","date":"30 March 2022","format":false,"excerpt":"We\u2019re getting still cozier with Qatar: President Abdel Fattah El Sisi held talks with Qatari Foreign Minister Mohammed bin Abdulrahman Al Thani yesterday, according to an Ittihadiya statement. El Sisi praised what he called \u201ctangible progress in Egyptian-Qatari relations.\u201d The meeting came on the heels of talks between Al Thani\u2026","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582428,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/08\/qatars-foreign-minister-is-now-the-countrys-prime-minister\/","url_meta":{"origin":646369,"position":2},"title":"Qatar\u2019s foreign minister is now the country\u2019s prime minister","author":"enterpriseam admin","date":"8 March 2023","format":false,"excerpt":"Qatar\u2019s top diplomat appointed PM: Qatar\u2019s emir has appointed the country\u2019s foreign minister, Sheikh Mohammed bin Abdulrahman Al Thani, as prime minister, according to the state-owned Qatar News Agency. Sheikh Mohammed will retain his role as foreign minister, a position he\u2019s held since 2016, but will step down as the\u2026","rel":"","context":"In "AROUND THE WORLD"","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Blinken-and-Qatari-Foreign-Minister-1600.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":632704,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/qatar-asks-middle-eastern-countries-to-form-eu-style-security-pact\/","url_meta":{"origin":646369,"position":3},"title":"Qatar asks Middle Eastern countries to form EU-style security pact","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"Qatar wants to see Middle Eastern countries resolve their differences and form a security pact \u201cmodeled on the EU,\u201d Sheikh bin Hamad Al Thani said on Friday, Reuters reports.","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646659,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/el-sisi-meets-mohamed-bin-zayed-al-nahyan-in-cairo\/","url_meta":{"origin":646369,"position":4},"title":"El Sisi meets Mohamed bin Zayed Al Nahyan in Cairo","author":"enterpriseam admin","date":"20 June 2017","format":false,"excerpt":"President Abdel Fattah El Sisi met with Abu Dhabi Crown Prince Mohamed Bin Zayed AlNahyan in Cairo yesterday to discuss efforts to combat terrorism and those who provide terrorist groups with funding and media and political coverage (a not so subtle reference to Qatar and Al Jazeera), according to an\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562499,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/26\/cairo-and-qatar-are-now-friends-irl\/","url_meta":{"origin":646369,"position":5},"title":"Cairo and Qatar are now friends IRL","author":"enterpriseam admin","date":"26 May 2021","format":false,"excerpt":"Qatari FM\u2019s first meeting in Cairo makes our friendly relations official: Enhancing bilateral relations and boosting cooperation and investment between Egypt and Qatar were key talking points during a meeting yesterday between Foreign Minister Sameh Shoukry and Qatari FM Mohammed bin Abdulrahman Al Thani, who met for the first time\u2026","rel":"","context":"In "Diplomacy"","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/235.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\/646369","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=646369"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646369\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646367"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646369"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646369"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646369"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646369"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646369"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}