{"id":656935,"date":"2024-12-12T00:00:00","date_gmt":"2024-12-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/abdelatty-touches-down-in-beijing-for-egypt-china-strategic-dialogue\/"},"modified":"2024-12-12T00:00:00","modified_gmt":"2024-12-12T00:00:00","slug":"abdelatty-touches-down-in-beijing-for-egypt-china-strategic-dialogue","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/12\/abdelatty-touches-down-in-beijing-for-egypt-china-strategic-dialogue\/","title":{"rendered":"Abdelatty touches down in Beijing for Egypt-China strategic dialogue"},"content":{"rendered":"

Good morning, friends.<\/strong> We\u2019ve got a busy issue today to wrap up what has been a pretty busy week for local business news this week. Topping the news today is Prime Minister Moustafa Madbouly naming ten companies on the privatization cutting board for next year, another company getting ready for an IPO on the EGX, and much, much more. We\u2019re short on space, so let\u2019s jump right in.<\/p>\n

\n

PSA-<\/p>\n

WEATHER- Take special care on the roads in and around Cairo today<\/strong>, with heavy fog forecast, along with a high of 22\u00b0C and low of 14\u00b0C, according to our favorite weather app.<\/p>\n

Alexandria is also expecting heavy fog<\/strong>, along with a high of 23\u00b0C and a low of 11\u00b0C.<\/p>\n

And over the weekend, <\/strong>expect to see temperatures dip a couple of degrees in the capital and in Alexandria.<\/p>\n

** DID YOU KNOW that we now cover <\/strong>Saudi Arabia<\/a><\/strong> and the <\/strong>UAE<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email?<\/strong> Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n

\n

HAPPENING TODAY-<\/p>\n

<\/a> #1- Egypt-China strategic dialogue kicks off: <\/strong>Foreign Minister Badr Abdelatty will co-chair the fourth round of the Egypt-China strategic dialogues in Beijing today, alongside his Chinese counterpart, the ministry said in a statement<\/a>. The talks seek to strengthen bilateral ties, expand sectoral cooperation, and tackle regional and global issues. Abdelatty is also set to meet senior Chinese officials and top execs from Chinese firms operating in Egypt.<\/p>\n

<\/a> #2- It\u2019s day one of the Turathna exhibition: <\/strong>The annual MSMEDA-organized Turathna will kick off this morning at the Egypt International Exhibition Center, and run for the next ten days until 21 December<\/a>. The exhibition is set to host 1k+ exhibitors representing crafts and heritage arts from across the country.<\/p>\n

\n

HAPPENING NEXT WEEK-<\/p>\n

<\/a> The first Egyptian-German Cooperation Day will kick off on Sunday<\/strong> with a focus on \u201csocial equity, and economic resilience in the shift towards a green economy,\u201d the German embassy said in a statement<\/a>(pdf)<\/a>. Senior German and Egyptian figures from the worlds of business, government, and development will gather for the event, which will witness a EUR 30 mn debt swap signing and also hopefully news of fresh investments and projects.<\/p>\n

We\u2019ve heard quite a bit about Egypt-bound investments coming from Germany recently<\/strong>, including a EUR 1 bn direct reduced iron factory courtesy of industrial manufacturer SMS Group<\/a>, a EUR 30 mn flame-resistant material factory from advanced textile material producer Belchem<\/a>, a A EUR 5 mn first phase of a bicycle parts factory spearheaded by German bicycle manufacturer Cube<\/a>, and a factory by auto parts manufacturer Mutares Group<\/a> that came to light<\/a> during Investment Minister Hassan El Khatib\u2019s trip to the country late last month.<\/p>\n

Sunday\u2019s event isn\u2019t the only upcoming event between the two countries that the local<\/strong> business community should keep an eye on,<\/strong> with the German-Egyptian Joint Economic Committee pencilled in for 18-19 February in Cairo. <\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

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\n

THE BIG STORY ABROAD-<\/p>\n

It\u2019s a mixed bag in the global press this morning<\/strong>, with developments in Syria taking a backseat \u2014 for now at least \u2014 and a lack of any major business stories to take note of.<\/p>\n

News of FBI Director Christopher Wray\u2019s decision to step down from office is ranking<\/strong> high in the often US-centric global papers. <\/strong>The move to step down prematurely came not two weeks after the president-elect said he would fire Wray over the bureau searching his Florida home for classified documents in 2022 and replace him with Trump loyalist Kash Patel to lead the bureau \u2014 marking the second director of the bureau to be pushed out by Trump. (Financial Times<\/a> | Wall Street Journal<\/a> | Reuters<\/a> | Associated Press<\/a> | New York Times<\/a> | Guardian<\/a>)<\/p>\n

The fallout from South Korean President Yoon Suk Yeol's short-lived declaration of<\/strong> martial law is continuing to receive ink<\/strong>, with the police\u2019s attempt yesterday to search his office as part of a mounting criminal investigation against the head of the country for charges of insurrection. (Reuters<\/a>)<\/p>\n

While i<\/strong>n our part of the world, Saudi Arabia is set to host the 2034 men\u2019s FIFA World Cup,<\/strong> the world\u2019s football governing body said yesterday. Morocco was confirmed to co-host the 2030 edition, alongside Spain and Portugal. (Bloomberg<\/a> | Reuters<\/a> | AP<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. We\u2019ve got a busy issue today to wrap up what has been a pretty busy week for local business news this week. Topping the news today is Prime Minister Moustafa Madbouly naming ten companies on the privatization cutting board for next year, another company getting ready for an IPO on the EGX, […]<\/p>\n","protected":false},"author":1,"featured_media":656936,"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":[975,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-656935","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-egypt-china-relations","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"ae66b15f-11d8-4e32-9ec6-82adb9df658d","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/6\/1534.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Abdelatty touches down in Beijing for Egypt-China strategic dialogue","related_issue":[656933],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.98dd746b-5dba-4c78-b236-4265576a4fa0.mp3"},"yoast_head":"\nAbdelatty touches down in Beijing for Egypt-China strategic dialogue - 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\/12\/12\/abdelatty-touches-down-in-beijing-for-egypt-china-strategic-dialogue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Abdelatty touches down in Beijing for Egypt-China strategic dialogue\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. 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We have chapter and verse in this morning\u2019s Speed Round, below. We also have a\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":559755,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/03\/what-were-tracking-on-3-february-2021\/","url_meta":{"origin":656935,"position":1},"title":"What we\u2019re tracking on 3 February 2021","author":"enterpriseam admin","date":"3 February 2021","format":false,"excerpt":"Good morning, friends, and welcome to a very busy newsday as we spin into the home-stretch of the week. THE BIG STORY AT HOME- Travelers from Egypt and 19 other destinations will be barred from entering Saudi Arabia as of today as the kingdom tries to curb the spread of\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":559088,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/10\/what-were-tracking-on-10-january-2021\/","url_meta":{"origin":656935,"position":2},"title":"What we\u2019re tracking on 10 January 2021","author":"enterpriseam admin","date":"10 January 2021","format":false,"excerpt":"Good morning, friends, and welcome to the first \u201creal\u201d workweek of 2021 in which pretty much everyone is back from their break. We have tons of news for you after a busy holiday weekend, so let\u2019s jump right in: Have we passed the second wave? That seems to be what\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":598637,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/30\/what-were-tracking-on-30-may-2019\/","url_meta":{"origin":656935,"position":3},"title":"What we\u2019re tracking on 30 May 2019","author":"enterpriseam admin","date":"30 May 2019","format":false,"excerpt":"Good morning, friends, and welcome to the last day of the week \u2014 and final Thursday of Ramadan. We\u2019re all getting a little antsy in anticipation of the long Eid El Fitr weekend, which could start on Tuesday or Wednesday, depending on how hopeful you are.In the meantime, a few\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":559009,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/05\/what-were-tracking-on-5-january-2021\/","url_meta":{"origin":656935,"position":4},"title":"What we\u2019re tracking on 5 January 2021","author":"enterpriseam admin","date":"5 January 2021","format":false,"excerpt":"Good morning, friends, and welcome to a particularly busy Tuesday on this holiday-shortened week. Two big stories are vying for your attention here at home: #1- Meet our natural-gas-powered future. The domestic press features wall-to-wall coverage of the Sisi administration\u2019s drive to convert the nation\u2019s cars, trucks and buses to\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":583579,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/15\/this-evening-will-misr-ins-holding-sell-a-20-stake-plus-credit-suisse-shares-hit-a-new-low\/","url_meta":{"origin":656935,"position":5},"title":"THIS EVENING: Will Misr Ins. Holding sell a 20% stake? PLUS: Credit Suisse shares hit a new low","author":"enterpriseam admin","date":"15 March 2023","format":false,"excerpt":"Happy almost-THURSDAY, wonderful people. We\u2019re nearly at the end of what has shaped up to be a rather busy week. THE BIG STORIES TODAY #1- The EGX30 extended its slide today, closing 4.15% down to bring the index\u2019s year-to-date return to a slim 0.9%. Qalaa Holdings, Sidi Kerir Petrochemicals, and\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/EGX-1600px-1.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\/656935","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=656935"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/656935\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/656933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/656936"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=656935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=656935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=656935"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=656935"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=656935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}