{"id":647202,"date":"2017-05-04T03:54:19","date_gmt":"2017-05-04T03:54:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/international-news-on-4-may-2017\/"},"modified":"2017-05-04T03:54:19","modified_gmt":"2017-05-04T03:54:19","slug":"international-news-on-4-may-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/04\/international-news-on-4-may-2017\/","title":{"rendered":"International news on 4 May 2017"},"content":{"rendered":"<p>Other stories in the international business press worth a moment of your time today:<\/p>\n<p><strong>The US Fed has left interest rates on hold and \u201cdownplayed weak first-quarter economic<\/strong><strong>growth<\/strong> while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year,\u201d <a href=\"http:\/\/www.reuters.com\/article\/us-usa-fed-idUSKBN17Z28S\">Reuters reports<\/a>. It\u2019s the Fed\u2019s first tightening cycle in more than a decade, the news service notes, after slashing rates to near zero to try to bring the economy back after the Great Recession of 2007-09.<\/p>\n<p><strong>Donald Trump plans to live forever. <\/strong>That\u2019s all we can surmise from his declaration to Palestinian President Mahmoud Abbas that he plans to \u201cstart a process which hopefully will lead to peace [with Israel] over the course of my lifetime.\u201d <a href=\"http:\/\/www.reuters.com\/article\/us-usa-palestinian-idUSKBN17Z06S\">Reuters has the story<\/a> and the <a href=\"https:\/\/www.whitehouse.gov\/the-press-office\/2017\/05\/03\/remarks-president-trump-and-president-abbas-palestinian-authority-joint\">White House briefing room<\/a> carries the full transcript of Trump\u2019s remarks as he welcomed Abbas to the White House.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Other stories in the international business press worth a moment of your time today: The US Fed has left interest rates on hold and \u201cdownplayed weak first-quarter economicgrowth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year,\u201d Reuters reports. It\u2019s the [&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-647202","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"13ade89f-6780-48eb-95d3-3170c13467dc","order":"0","is_powered_by":true,"section_story_id":"b6c89d04-f25b-43ad-941e-e2d610251c7c","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647178],"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>International news on 4 May 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\/05\/04\/international-news-on-4-may-2017\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International news on 4 May 2017\" \/>\n<meta property=\"og:description\" content=\"Other stories in the international business press worth a moment of your time today: The US Fed has left interest rates on hold and \u201cdownplayed weak first-quarter economicgrowth while emphasizing the strength of the labor market, in a sign it was still on track for two more rate rises this year,\u201d Reuters reports. 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The government\u2019s budget eyes GDP growing at a 6% clip over the next 12 months. \u201cEven as leading\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":596485,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/egypt-sees-the-light-of-the-day-alongside-uae-saudi-arabia-is-not-as-lucky\/","url_meta":{"origin":647202,"position":1},"title":"Egypt sees the light of the day alongside UAE, Saudi Arabia is not as lucky","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"MENA fund managers are still bullish on Egypt, UAE: Six out of 10 MENA fund managers polled by Reuters said they plan on increasing their exposure to Egypt, and five said the same about the UAE. Both countries\u2019 markets have performed well this year: The EGX rose 9.56% in 2019,\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":570943,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/23\/egyptian-economy-to-grow-3-5-in-fy2020-2021-reuters-poll\/","url_meta":{"origin":647202,"position":2},"title":"Egyptian economy to grow 3.5% in FY2020-2021 \u2013Reuters poll","author":"enterpriseam admin","date":"23 April 2020","format":false,"excerpt":"Egyptian economy to grow 3.5% in FY2020-2021 \u2013Reuters poll: Egypt\u2019s economy will grow at a 3.5% clip in FY2020-2021, down from 5.9% in a similar poll just three months ago, according to a Reuters poll of economists. Growth for the current fiscal year will come in at 3%, a downgrade\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":597588,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/canal-sugar-plans-new-usd-200-mn-grain-terminal-in-damietta\/","url_meta":{"origin":647202,"position":3},"title":"Canal Sugar plans new USD 200 mn grain terminal in Damietta","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"INVESTMENT WATCH- Canal Sugar plans new USD 200 mn grain terminal in Damietta: Al Ghurair Group\u2019s Canal Sugar is planning to invest USD 200 mn in constructing a pier and grains terminal in Damietta, CEO Islam Salem said at a press conference, according to Reuters. The terminal will discharge 3k\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":595490,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/29\/central-bank-of-egypt-cuts-rates-by-100-bps-in-line-with-expectations\/","url_meta":{"origin":647202,"position":4},"title":"Central Bank of Egypt cuts rates by 100 bps, in line with expectations","author":"enterpriseam admin","date":"29 September 2019","format":false,"excerpt":"In line with expectations, CBE cuts rates: The Central Bank of Egypt\u2019s Monetary Policy Committee (MPC) cut interest rates by 100 bps on Thursday, the CBE said in a statement (pdf). The central bank cited last month\u2019s inflation figures, which hit a six-year low, as well as declining unemployment and\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\/2018\/11\/1115.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592916,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/egypts-swvl-plans-launch-in-the-philippines-indonesia-and-bangladesh-as-expansion-wave-continues\/","url_meta":{"origin":647202,"position":5},"title":"Egypt\u2019s Swvl plans launch in the Philippines, Indonesia and Bangladesh as expansion wave continues","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"STARTUP WATCH- Swvl plans launch in the Philippines, Indonesia and Bangladesh as expansion wave continues: Egyptian ride-hailing app Swvl plans to launch operations in Manila, Jakarta, and Dhaka by the end of next year, Shahzeb Memon, Swvl Pakistan\u2019s general manager, told Reuters. The company launched in Pakistan\u2019s Lahore in August,\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\/2019\/7\/1834.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\/647202","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=647202"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647202\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647178"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647202"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647202"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}