{"id":655342,"date":"2024-11-17T00:00:00","date_gmt":"2024-11-17T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/"},"modified":"2024-11-17T00:00:00","modified_gmt":"2024-11-17T00:00:00","slug":"xi-pledges-to-work-with-trump-administration-during-meeting-with-biden","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/","title":{"rendered":"Xi pledges to work with Trump administration during meeting with Biden"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning folks, and welcome to a new workweek. <\/strong>We have a busy day of local and international news for you to kick off your Sunday evening.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Valu closes another securitized bond issuance: <\/strong>Homegrown fintech leader Valu announced that it has raised EGP 667.3 mn in a securitized bond issuance, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2024\/11\/1553.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from transaction manager EFG Hermes. Backed by a receivables portfolio, the issuance came in two tranches with tenors of six and 12 months with ratings of Prime 1 and Prime 2. The issuance is the second under a new EGP 16 bn securitization program that <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e25e2321-b340-4dfe-ba57-f75e92873d06\/%253cmark%253evalu%253c%2Fmark%253e-closes-first-egp-1.1-bn-securitized-bond-issuance-under-new-egp-16-bn-program\" style=\"\" rel=\"noopener\">kicked off in August<\/a> with a EGP 1.1 bn issuance, and brings the total value of securitized bonds issued in Egypt this year to EGP 28 bn, according to data tracked by EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Xi promises to work closely with Trump: <\/strong>Chinese president Xi Jinping pledged to work with Donald Trump\u2019s incoming administration during a meeting with outgoing US president Joe Biden on the sidelines of the Asia Pacific Economic Cooperation summit in Lima, Peru, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/biden-xi-set-tense-final-meeting-peru-trump-era-looms-2024-11-16\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. Xi reaffirmed China\u2019s commitment to a \u201cstable, healthy, and sustainable\" US-China relationship during the two leaders\u2019 first face-to-face talks in seven months, while Biden emphasized the importance of continued communication between the two world powers. The talks, which come two months before Trump\u2019s inauguration, also touched on Beijing\u2019s military activities near Taiwan, Chinese support for Russia, escalating economic disputes, and nuclear weapons control.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>The <\/strong><strong>Sustainable Debt Coalition<\/strong> <strong>(SDC) had its moment on <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5ac9d7b8-dce9-4d90-8afe-c91437ad89c4\/what-is-the-sustainable-debt-coalition-doing-to-bridge-the-climate-finance-gap%3F\" style=\"\" rel=\"noopener\">Thursday<\/a><\/strong><strong> during the <\/strong><strong>Finance Day of COP29<\/strong><strong> in Azerbaijani capital Baku,<\/strong> with Finance Minister Ahmed Kouchouk joining his peers in a discussion about finding innovative financial solutions to alleviate the burdens of unsustainable debt and the growing cost of climate mitigation and adaptation for developing countries. <\/li>\n<li><strong> IMF to wrap its fourth review of the country\u2019s loan program this week:<\/strong> The International Monetary Fund mission that is in Cairo is set to complete the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1b1e39ec-7c58-40a1-ac20-e55337292b99\/imf-to-wrap-fourth-review-this-week\" style=\"\" rel=\"noopener\">fourth review<\/a> of Egypt\u2019s USD 8 bn loan program this week.<\/li>\n<li><strong>The country\u2019s oldest automaker is back in business: <\/strong>State-owned El Nasr Automotive has officially <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e231a5e8-5a06-41ad-9464-d0385800c699\/el-nasr-automotive-back-in-gear-after-15-year-assembly-pause\" style=\"\" rel=\"noopener\">restarted operations<\/a> after a 15-year hiatus, delivering its first batch of electric 49 passenger buses \u2014 manufactured in partnership with China\u2019s Yutong \u2014 to Transport Ministry-affiliated companies.<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014<\/strong> <strong>your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u2600\ufe0f TOMORROW\u2019S WEATHER- <\/strong>Even though the weather is cooler, the sky is clear and the sun will be shining with highs of 24\u00b0C \u2014 dropping to a chilly low of 15\u00b0C in the evening, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning folks, and welcome to a new workweek. We have a busy day of local and international news for you to kick off your Sunday evening. THE BIG STORY TODAY Valu closes another securitized bond issuance: Homegrown fintech leader Valu announced that it has raised EGP 667.3 mn in a securitized bond issuance, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":655343,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7213],"tags":[633,183,85,515,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-655342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-fintech","tag-securitization","tag-valu","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"842fbd79-3ee5-45b6-b0dd-625512a44043","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/11\/1561.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[655340],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.a914579a-644c-47ef-8ac1-c8daee985042.mp3"},"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>Xi pledges to work with Trump administration during meeting with Biden - 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\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Xi pledges to work with Trump administration during meeting with Biden\" \/>\n<meta property=\"og:description\" content=\"Good morning folks, and welcome to a new workweek. We have a busy day of local and international news for you to kick off your Sunday evening. THE BIG STORY TODAY Valu closes another securitized bond issuance: Homegrown fintech leader Valu announced that it has raised EGP 667.3 mn in a securitized bond issuance, according [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-17T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1561.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Xi pledges to work with Trump administration during meeting with Biden\",\"datePublished\":\"2024-11-17T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\"},\"wordCount\":524,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1561.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"Fintech\",\"securitization\",\"ValU\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/11\/17\/xi-pledges-to-work-with-trump-administration-during-meeting-with-biden\/\",\"name\":\"Xi pledges to work with Trump administration during meeting with Biden - 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