{"id":647369,"date":"2017-05-09T03:25:23","date_gmt":"2017-05-09T03:25:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/egypt-in-the-news-on-9-may-2017\/"},"modified":"2017-05-09T03:25:23","modified_gmt":"2017-05-09T03:25:23","slug":"egypt-in-the-news-on-9-may-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/09\/egypt-in-the-news-on-9-may-2017\/","title":{"rendered":"Egypt in the news on 9 May 2017"},"content":{"rendered":"<p><strong>In a pleasantly light overnight for coverage of Egypt in the international press<\/strong>, the Wall Street Journal\u2019s Gerald Gelb takes a long look at how it is that while \u201c<a href=\"https:\/\/www.wsj.com\/articles\/opportunity-knocks-for-trump-in-the-middle-east-answering-will-be-hard-1494258213\">opportunity knocks for Trump in the Middle East, answering will be hard<\/a>.\u201d His thesis is that while there is an \u201cunusual alignment\u201d between Egypt, Saudi Arabia and Israel: \u201cAt the moment, all three of those nations actually are strategically in sync with one another\u2014and, simultaneously, on good terms with the new American administration.\u201d<\/p>\n<p>Other coverage worth noting in brief:<\/p>\n<ul type=\"disc\">\n<li>Economists are saying a move that could<strong> grant foreigners residency in Egypt in return <\/strong><strong>for foreign currency deposits <\/strong>\u201cwill help ease the country\u2019s foreign currency crunch and boost the national economy,\u201d <a href=\"http:\/\/www.al-monitor.com\/pulse\/originals\/2017\/05\/egypt-new-law-residency-permit-foreigner-deposit-economy.html\">Al-Monitor<\/a> says. <\/li>\n<li>The type of <strong>rhetoric now flowing between Egypt and Sudan \u201cheightens the risk for <\/strong><strong>brinkmanship<\/strong> and increases the possibility of a border clash going forward,\u201d Jeremy Luedi writes for <a href=\"http:\/\/globalriskinsights.com\/2017\/05\/is-this-the-stage-for-africas-next-war\/\">Global Risk Insights<\/a>. <\/li>\n<li><a href=\"http:\/\/www.salon.com\/2017\/05\/08\/top-5-bad-hombres-loved-by-trump_partner\/\">Salon<\/a> says President Abdel Fattah El Sisi is one of the \u201ctop 5 bad hombres loved\u201d by US President Donald Trump. <\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In a pleasantly light overnight for coverage of Egypt in the international press, the Wall Street Journal\u2019s Gerald Gelb takes a long look at how it is that while \u201copportunity knocks for Trump in the Middle East, answering will be hard.\u201d His thesis is that while there is an \u201cunusual alignment\u201d between Egypt, Saudi Arabia [&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-647369","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":"6e4124b8-3754-45f1-ad4e-df209e341be1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647347],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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Authorities have not yet provided an official statement\u2026","rel":"","context":"In &quot;EGYPT IN THE NEWS&quot;","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/1\/10.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569948,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/12\/fx-brokers-now-need-to-follow-bank-style-kyc-rules-when-selling-foreign-currency\/","url_meta":{"origin":647369,"position":2},"title":"FX brokers now need to follow bank-style KYC rules when selling foreign currency","author":"enterpriseam admin","date":"12 March 2020","format":false,"excerpt":"EXCLUSIVE- FX brokers now need to follow bank-style KYC rules when selling foreign currency: The Central Bank of Egypt (CBE) imposed new restrictions on foreign exchange companies, requiring them to follow know-your-client procedures similar to those used by banks when changing currencies for clients, secretary-general of the foreign exchange bureau\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\/3\/154.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":586999,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/05\/21\/residency-for-investment\/","url_meta":{"origin":647369,"position":3},"title":"Residency-for-investment","author":"enterpriseam admin","date":"21 May 2023","format":false,"excerpt":"Foreign investors will now get year-long residencies while setting up their businesses","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\/2023\/5\/1091.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":595868,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/08\/cbe-issues-regulations-for-foreign-currency-exports\/","url_meta":{"origin":647369,"position":4},"title":"CBE issues regulations for foreign currency exports","author":"enterpriseam admin","date":"8 August 2019","format":false,"excerpt":"REGULATION WATCH- CBE issues regulations for foreign currency exports: New banking regulations will require banks wanting to export and import foreign currency to apply for a 12-month license in January every year, according to a CBE statement (pdf) released yesterday. 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