{"id":658952,"date":"2025-01-19T00:00:00","date_gmt":"2025-01-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/19\/gaza-ceasefire-takes-effect-after-delay\/"},"modified":"2025-01-19T00:00:00","modified_gmt":"2025-01-19T00:00:00","slug":"gaza-ceasefire-takes-effect-after-delay","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/01\/19\/gaza-ceasefire-takes-effect-after-delay\/","title":{"rendered":"Gaza ceasefire takes effect after delay"},"content":{"rendered":"

Good afternoon all you wonderful people, and welcome back to the work week. <\/strong>Amid an overall slowdown in the news cycle, we have all the latest for you below.<\/p>\n

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THE BIG STORY TODAY<\/p>\n

Alamal Alshaif to make its EGX debut next quarter:<\/strong> State-owned plastics manufacturer Alamal Alsharif Plastics<\/a> is expected to make its EGX debut through a direct listing in 2Q 2025, unnamed sources told Al Borsa<\/a>. Our friends at EFG Hemes and Al Ahly Pharos are reportedly serving as the listing\u2019s advisors, currently prepping the company ahead of the listing. State-owned National Investment Bank (NIB) is reportedly planning to divest its entire 29.5% stake after the company starts trading on the bourse, the sources said.<\/p>\n

Remember:<\/strong> Hapi Journal reported in April<\/a> that the Madbouly government wants to sell its entire 46.6% stake in the plastics manufacturer \u2014 one of 35 state-owned assets<\/a> earmarked for privatization \u2014 to a strategic investor. <\/p>\n

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THE BIG STORY ABROAD<\/p>\n

The ceasefire between Israel and Hamas, which came into effect earlier today after a <\/strong>three-hour delay, continues to dominate the international headlines.<\/strong> Originally set for 6:30am GMT, Israeli airstrikes and artillery attacks killed 13 more Palestinians before the assault stopped at 9:15am GMT, with Israel blaming the delay in the ceasefire\u2019s enforcement on Hamas\u2019 failure to provide the group\u2019s first hostage release list on time. Three Israeli hostages will be released today in exchange for 90 Palestinian prisoners as per the first part of the three-stage agreement. World Food Program trucks have also entered Gaza, with 200 aid delivery trucks reportedly waiting at crossings. (Reuters<\/a> | Financial Times<\/a> | Associated Press<\/a>)<\/p>\n

In South Korea, supporters of arrested president Yoon Suk Yeol stormed a court building<\/strong> in protest after a judge extended his detention for 20 days on the grounds that he might attempt to destroy evidence if released. Forty-six people were arrested, as crowds overwhelmed riot police and destroyed equipment in the building. Yoon was arrested on Wednesday after declaring martial law in December, and is currently refusing to be questioned. (Reuters<\/a>)<\/p>\n

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