{"id":665285,"date":"2025-05-15T00:00:00","date_gmt":"2025-05-15T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/15\/sat-testing-resumes-in-june\/"},"modified":"2025-05-15T00:00:00","modified_gmt":"2025-05-15T00:00:00","slug":"sat-testing-resumes-in-june","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/05\/15\/sat-testing-resumes-in-june\/","title":{"rendered":"SAT testing resumes in June"},"content":{"rendered":"

Good m<\/strong>orning<\/strong>, all. <\/strong>We wrap up this very long week with a brisk issue. We lead today\u2019s issue with the latest on the fifth review of our IMF loan agreement, a dip in auto prices, and a lot of earnings. <\/p>\n

PSA- <\/p>\n

<\/a> The SAT is back next month:<\/strong> The SAT college entrance exam will once again be offered in Egypt starting June following an agreement between the Education Ministry and the US-based College Board<\/a>, according to a statement from the ministry<\/a> and another from the US Embassy in Cairo<\/a>. The digital version of the standardized test \u2014 a key requirement for admission into many US universities \u2014 is returning after a four-year hiatus and will be offered through approved centers.<\/p>\n

REFRESHER-<\/strong> The SATs are globally recognized American admission tests for students applying to undergraduate programs and scholarships, particularly at US universities. The exam was offered in Egypt until September 2020, when College Board announced<\/a> that it would cancel the test indefinitely, citing \u201cpersistent test security incidents,\u201d including leaked questions. <\/p>\n

WANT THE DETAILS? <\/strong>We dive into what the return of the SAT means in a Blackboard published late last year. Check out the story here<\/a>.<\/p>\n

\n

WEATHER- <\/strong>It\u2019s another sunny day in Cairo, with a high of 30\u00b0C and a low of 20\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a little cooler in Alexandria<\/strong>, with a high of 26\u00b0C and a low of 18\u00b0C.<\/p>\n

And over the weekend, <\/strong>expect to see a high of 40\u00b0C and a low of 23\u00b0C in the capital.<\/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

WATCH THIS SPACE- <\/p>\n

<\/a> #1- Danish s<\/strong>hipping giant Maersk is considering resuming its transits through the Suez <\/strong>Canal<\/strong> as it closely monitors security developments in the Red Sea, Maersk\u2019s Camilla Jain Holtse said<\/a> yesterday. Holtse\u2019s statement came during a meeting with Suez Canal Authority head Osama Rabie, who urged the company to adjust its sailing schedules and gradually resume shipping through the waterway following the recent introduction of a temporary 15% cut in transit fees<\/a>.<\/p>\n

Sound familiar?<\/strong> Rabie urged global shipping lines<\/a> earlier this week to reassess their routes and consider a gradual return to the canal amid improving security conditions in the region.<\/p>\n

Maersk <\/strong>paused Red Sea transits<\/a><\/strong> in January 2024<\/strong>, following a brief resumption, due to attacks on commercial vessels by Yemen's Houthi that forced shipping companies to reroute their vessels. The company in February <\/a>signaled<\/a><\/a> that it sees Red Sea traffic recovering by mid-year, with a more substantial rebound by year-end.<\/p>\n

REMEMBER- <\/strong>Transit receipts from the Suez Canal dropped 62.3% y-o-y to USD 1.8 bn in 1H<\/a>FY 2024-25<\/a> on the back of Red Sea disruptions that pushed ships to reroute away from the canal.<\/p>\n

\n

<\/a> #<\/strong>2- Progress on the long-awaited Russian Industrial Zone: <\/strong>Egypt and Russia have signed a long-term usufruct agreement granting Russian firms access to land inside the Suez Canal Economic Zone to establish a Russian Industrial Zone, Al Arabiya<\/a> reports, citing comments from Russian Industry and Trade Minister Anton Alikhanov. Under the agreement, a newly established Russian company will manage the project. The Russian side will receive the plot this year to start construction work, he said. <\/p>\n

The Russian side will start promoting the zone to Russian firms this week<\/strong>, the minister said, adding that companies in pharma, chemicals, mechanical engineering, and building materials are among those interested. \u201cWe are pinning our hopes on the construction of the Russian industrial zone inside the Suez Canal Economic Zone, which will undoubtedly allow new joint initiatives to be launched in priority industry branches,\" Alikhanov said<\/a>.<\/p>\n

A long time coming: <\/strong>We have been on the lookout for news on the Russian Industrial Zone for years now \u2014 with the final contract for the project inked all the way back in 2018.<\/p>\n

\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

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

CIRCLE YOUR CALENDAR- <\/p>\n

<\/a> #1- Calling all real estate developers and investors:<\/strong> Proptech platform Aqarmap is hosting an Egyptian-Saudi real estate summit in Cairo\u2019s Nile Ritz-Carlton on Sunday, 18 May, the company said in a press release (pdf)<\/a>. The event will bring together developers, investors, and policymakers from Egypt and Saudi Arabia to discuss cross-border investment, market trends, and digital transformation in the sector.<\/p>\n

#2- ITIDA\u2019s Software Engineering Competence Center (SECC) will host its <\/strong>Software Testing<\/a><\/strong>Day<\/a><\/strong> on Monday, 19 May<\/strong> at the Creative Innovation Hub, Creativa, in Giza. The event will be held under the theme \u201cSoftware Testing Evolution: Innovating with AI and DevOps\u201d and will bring together local and international experts and tech leaders to discuss AI, DevOps integration, skill building, and talent cultivation. You can register to attend through the link<\/a> available on the SECC\u2019s website. <\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n

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

US President Trump landed in Qatar<\/strong>, where he met with Emir Tamim bin Hamad. The visit saw the signing of USD 243 bn in agreements<\/a> (per White House tally), including defense purchases for drone and counter-drone capabilities from US companies, Qatari investments at Al Udeid Air Base, and a tall, USD 96 bn order for up to 210 Boeing jets.<\/p>\n

The President is set to land in the UAE today for the third and last stop<\/strong> that is set to conclude his four-day Middle East trip with more investments and partnerships agreements signed.<\/p>\n

ALSO- Trump earlier met with Syrian President Ahmed Al Sharaa <\/strong>just before the GCC summit in Riyadh, while Turkey\u2019s President Erdogan joined over the phone. Trump urged Al Sharaa to join the so-called Abraham Accords, while the latter invited American companies to invest in Syria\u2019s oil and gas, US Press Secretary said<\/a>.<\/p>\n

AND- Trump and Russia\u2019s Putin will be <\/strong>skipping the first direct peace talks<\/a><\/strong> to be held in Turkey today<\/strong>, with Russia opting to send a group of technocrats instead. The talks \u2014 proposed by Putin \u2014 are unlikely to see a breakthrough in the absence of the two leaders.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, all. We wrap up this very long week with a brisk issue. We lead today\u2019s issue with the latest on the fifth review of our IMF loan agreement, a dip in auto prices, and a lot of earnings. 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The agreement follows a cooperation protocol signed between the ministry and the universities in January.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":559439,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/21\/big-w-for-private-sector-education\/","url_meta":{"origin":665285,"position":1},"title":"Big \u2018W\u2019 for private sector education","author":"enterpriseam admin","date":"21 January 2021","format":false,"excerpt":"SMART POLICY- Education Ministry scraps 20% cap on foreign ownership of schools: International and private schools in Egypt will no longer face limits on foreign ownership after the Education Ministry reversed (pdf) the 20% cap imposed in 2019. The decision allows schools to be fully owned by individuals, funds, or\u2026","rel":"","context":"In "Education"","block_context":{"text":"Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/264.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560225,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/21\/the-academic-year-just-got-longer-at-public-universities\/","url_meta":{"origin":665285,"position":2},"title":"The academic year just got longer at public universities","author":"enterpriseam admin","date":"21 February 2021","format":false,"excerpt":"Public university students will start their summer holidays three weeks later than originally planned after the Supreme Council of Universities decided to extend the academic year to compensate for lost time because of covid-19 closures. Classes for the second term of the academic year were originally scheduled to run until\u2026","rel":"","context":"In "Education"","block_context":{"text":"Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/2\/292.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":648194,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/30\/education-ministry-to-tender-51-pieces-of-land-for-200-schools-ppp-project-in-mid-june\/","url_meta":{"origin":665285,"position":3},"title":"Education Ministry to tender 51 pieces of land for 200 schools PPP project in mid-June","author":"enterpriseam admin","date":"30 May 2017","format":false,"excerpt":"The Education Ministry will issue a tender in mid-June for 51 plots of land that will be used to establish 200 new schools under public-private partnership framework in 18 governorates, Al Borsa reports. The Ministry will meet next month with representatives from the 43 companies interested in the project before\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652052,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/sat-exam-security-measures-to-be-tightened\/","url_meta":{"origin":665285,"position":4},"title":"SAT exam security measures to be tightened","author":"enterpriseam admin","date":"27 February 2017","format":false,"excerpt":"SAT examinations internationally to become more \u201csecure\u201d: The number of SAT college-entrance exams taken outside the United States will be reduced from six to four, the New York-based College Board said, Reuters reported. This is one of several measures taken to tighten the exam\u2019s security, including \u201cincreasing the auditing of\u2026","rel":"","context":"In "ON YOUR WAY OUT"","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602924,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/10\/finance-ministry-cbe-plan-to-end-overdraft-account-by-june\/","url_meta":{"origin":665285,"position":5},"title":"Finance Ministry, CBE plan to end overdraft account by June","author":"enterpriseam admin","date":"10 April 2019","format":false,"excerpt":"EXCLUSIVE- FinMin, CBE look to clear government\u2019s overdraft by June: The Finance Ministry and the Central Bank of Egypt (CBE) are in talks to clear the government\u2019s overdraft, which had reached EGP 325 bn prior to Egypt signing for the IMF loan in 2016, a senior government official told Enterprise.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/773.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\/665285","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=665285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/665285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/665283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/665286"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=665285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=665285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=665285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=665285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=665285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}