{"id":651442,"date":"2017-02-13T04:04:43","date_gmt":"2017-02-13T04:04:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/"},"modified":"2017-02-13T04:04:43","modified_gmt":"2017-02-13T04:04:43","slug":"lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/","title":{"rendered":"Lamees still on the exchange rate; Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here"},"content":{"rendered":"<p><strong>Hona Al Assema\u2019s Lamees Al Hadidi appears to not be listening to guests who keep telling her not to obsess on the exchange rate<\/strong>, choosing this as her main topic of the evening.<\/p>\n<p><strong>CI Capital\u2019s Hany Farahat said that despite the EGP\u2019s appreciation, it is still hard to forecast the exchange rate on the short term<\/strong>. (Shocking, no?) He expects exchange rate volatility to temper in May or June (<a href=\"https:\/\/www.youtube.com\/watch?v=CguYBe6SMWM\">watch<\/a>, runtime: 2:13). Federation of Egyptian Chambers of Commerce secretary general Alaa Ezz told Lamees that the EGP will stabilize at between EGP 14-17 by June and between EGP 13-14 by the end of 2017. Responding to a question on when the prices of goods in the market will consequently decrease, <strong>Ezz expects it will take the market three months to respond to the decline in the exchange rate<\/strong>. \u201cWe also have to keep in mind that there was substantial demand for the USD in December and January as foreign companies were transferring their profits out of the country,\u201d he said.<\/p>\n<p>The episode then shifted to pharma, with the industry\u2019s rep at the Federation of Egyptian Industries reminding Lamees that <strong>the Health Ministry promised big pharma it would consider raising prices of meds again in August<\/strong> to adapt to any changes to the exchange rate.<\/p>\n<p><strong>Kol Youm\u2019s Amr Adib started his episode by criticizing Egypt\u2019s need to import all of its the cooking oil<\/strong>, and asking what is so complex about manufacturing cooking oil in Egypt (<a href=\"https:\/\/www.youtube.com\/watch?v=Bm1sLNz2-SA\">watch<\/a>, runtime: 5:28). Please, God, grant us patience.<\/p>\n<p>Adib also joined House MPs in <strong>calling for Electricity Minister Mohamed Shaker to delay new electricity price increases<\/strong> to the following July (<a href=\"https:\/\/www.youtube.com\/watch?v=2ELYHmcEHsA\">watch:<\/a> runtime: 7:23).<\/p>\n<p><strong>Amr then aired a report on the New Administrative Capital<\/strong>, where land tenders launched yesterday. Mohamed Abdel Maqsoud, head of the New Capital City Council, said that half of the 700 homes slated for construction have already been completed. A total of 24,500 buildings are planned for the city, said Maqsoud, adding that the new capital will be connected to four metro lines (<a href=\"https:\/\/www.youtube.com\/watch?v=_SGIWDymVMQ\">watch<\/a>, runtime: 6:28).<\/p>\n<p><strong>Yahduth Fi Masr\u2019s Sherif Amer spoke with House Deputy Speaker Soliman Wahdan<\/strong> on the delays in reaching a final list of candidates in the upcoming cabinet shuffle. Wahdan speculates that the Prime Minister is still negotiating with potential candidates, adding that the House will vote on the whole lineup, not on individual ministers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hona Al Assema\u2019s Lamees Al Hadidi appears to not be listening to guests who keep telling her not to obsess on the exchange rate, choosing this as her main topic of the evening. CI Capital\u2019s Hany Farahat said that despite the EGP\u2019s appreciation, it is still hard to forecast the exchange rate on the short [&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":[9281],"tags":[2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651442","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f4022ccf-b0df-4ec7-a27e-eed8211b18f1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651436],"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>Lamees still on the exchange rate; Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here - 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\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lamees still on the exchange rate; Pharma wants you to know more price hikes are coming; Adib wants to know how difficult is it making cooking oil here\" \/>\n<meta property=\"og:description\" content=\"Hona Al Assema\u2019s Lamees Al Hadidi appears to not be listening to guests who keep telling her not to obsess on the exchange rate, choosing this as her main topic of the evening. CI Capital\u2019s Hany Farahat said that despite the EGP\u2019s appreciation, it is still hard to forecast the exchange rate on the short [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-13T04:04:43+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/13\/lamees-still-on-the-exchange-rate-pharma-wants-you-to-know-more-price-hikes-are-coming-adib-wants-to-know-how-difficult-is-it-making-cooking-oil-here\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Lamees still on the exchange rate; 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The EGP \/ USD exchange rate on the black market is falling after last week\u2019s\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/257.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":649815,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/09\/lamees-launches-her-version-of-the-view-govt-raises-wheat-prices-for-farmers-adib-cries-shame-at-egypts-booth-in-itb-expo\/","url_meta":{"origin":651442,"position":3},"title":"Lamees launches her version of the View, gov\u2019t raises wheat prices for farmers; Adib cries shame at Egypt\u2019s booth in ITB expo","author":"enterpriseam admin","date":"9 March 2017","format":false,"excerpt":"It was a fairly boring night for on the airwaves, as discussions were mainly centered around food prices, subsidies and the exchange rate.Lamees El Hadidy was the only one to give a shout out to international women\u2019s day by kicking off her version of the View, Hona Al Settat, with\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650243,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/amr-el-garhy-interviewed-on-the-fy17-18-budget-lamees-also-ropes-in-former-mobinil-ceo-alex-shalaby-healthcare-act-could-be-law-after-six-months-of-passing-the-bill\/","url_meta":{"origin":651442,"position":4},"title":"Amr El Garhy interviewed on the FY17-18 budget; Lamees also ropes in former Mobinil CEO Alex Shalaby; Healthcare Act could be law after six months of passing the bill","author":"enterpriseam admin","date":"20 March 2017","format":false,"excerpt":"The airwaves last night had us singing some Etta James in the shower this morning after a stellar return to form by Lamees El Hadidi. We await the joys of a more humorous take on the economy when Amr Adib returns from his recuperation. Lamees had a lengthy phone call\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651961,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/26\/lamees-is-not-happy-with-tarek-amers-positivity-wants-to-rain-on-his-parade-will-raising-visa-prices-kill-tourism-christian-families-flee-daesh-in-north-sinai\/","url_meta":{"origin":651442,"position":5},"title":"Lamees is not happy with Tarek Amer\u2019s positivity, wants to rain on his parade; will raising visa prices kill tourism? Christian families flee Daesh in North Sinai","author":"enterpriseam admin","date":"26 February 2017","format":false,"excerpt":"Believe it or not, ladies and gents, the talking heads are back to discussing real world topics that impact our economy after what seemed like a case of a back-to-school week for them.Hona Al Assema\u2019s Lamees Al Hadidy led last night with criticism of CBE Governor Tarek Amer\u2019s statements on\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"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\/651442","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=651442"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/651442\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/651436"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=651442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=651442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=651442"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=651442"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=651442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}