{"id":677865,"date":"2025-12-24T00:00:00","date_gmt":"2025-12-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=677865"},"modified":"2025-12-24T12:10:45","modified_gmt":"2025-12-24T12:10:45","slug":"trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/","title":{"rendered":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, friends, and a very happy Christmas Eve to all those among you who <\/strong><strong>observe. <\/strong>The traditional news slowdown hasn\u2019t yet taken hold, but things are a bit quieter this morning than on your average Wednesday. Still, we have news of the Finance Ministry\u2019s early thoughts on next year\u2019s <strong>state budget<\/strong> and a juicy <strong>boardroom drama<\/strong> at Juhayna to keep things interesting as we slide toward the weekend.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Speaking of Christmas: <\/strong>Our traditional holiday-season film marathon has begun following the formerly-resident 18-year-old\u2019s return to Cairo from her freshman year at university (we granted her a temporary residence permit). Said temporarily-resident 18 year-old wishes EnterpriseAM readers to know that the 1983 Dan Ackroyd \/ Eddie Murphy film <strong>Trading Places<\/strong> is the ultimate holiday flick for capitalists like herself. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The plot: Two elderly commodities brokers \u2014 the Duke brotehrs \u2014 make a USD 1 bet on <\/strong><strong>nature versus nurture. <\/strong>They engineer the downfall of their managing director, Louis Winthorpe III (<strong>Dan Aykroyd<\/strong>), framing him for theft and drug possession, while simultaneously plucking street hustler Billy Ray Valentine (<strong>Eddie Murphy<\/strong>) from poverty and installing him in Winthorpe\u2019s job. Winthorpe and Valentine soon figure out the plot and team up to bankrupt the Dukes by front-running their scheme to corner the futures market for frozen concentrated orange juice. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The film wraps with a masterclass in commodities fraud<\/strong> and short-selling set on the Comex trading floor \u2014 and features cameo appearances from notables including blues great Bo Diddley, comedian and later US Senator Al Franken, comedian James Belushi, and puppeteer and filmmaker Frank Oz as a laconic (and crooked) booking officer.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why is it a Christmas movie? <\/strong>It\u2019s set at Christmas, features a debauched Santa suit, and ends with the villains destroyed by their own greed \u2014 and our heroes (including butler Denholm Elliott) chilling on a Caribbean island. <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=2dty886En3E\" style=\"\" rel=\"noopener\">Go catch the trailer (watch, runtime: 2:50).<\/a> <\/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\">Watch this space<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>LABOR \u2014 The Labor Ministry is putting a clock (and a clear pecking order) on <\/strong><strong>payments a business must make when shutting down, liquidating, or going bankrupt.<\/strong> The ministry issued a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0k5724NJasoonQ1fPiXJJM7rXww2CGiHx9YiuYqfWtiUz6dm47uFcjbivCufjAKHLl\" style=\"\" rel=\"noopener\">new executive order<\/a> yesterday spelling out that workers\u2019 wages and entitlements don\u2019t get waved away with a closure notice and that they sit at the front of the line ahead of other claims on the company\u2019s assets, including state dues. Social ins. contributions are explicitly treated as part of workers\u2019 rights, too.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Once a <\/strong><strong>closure or liquidation<\/strong><strong> is formalized, the employer, liquidator, or bankruptcy <\/strong><strong>trustee has 30 days to inventory workers\u2019 dues and pay them in full if funds allow<\/strong>, or pay what\u2019s available and schedule the rest. There\u2019s a hard cap of one year for full settlement. Labor offices are tasked with monthly oversight, can step in to help calculate dues where needed, and can escalate violations to labor courts, with any action that undermines workers\u2019 rights deemed invalid.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>CAPITAL MAR<\/strong><strong>KETS \u2014<\/strong> <strong>London-based healthcare private equity firm <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.altasemper.com\/\" style=\"\" rel=\"noopener\">Alta Semper<\/a><\/strong> <strong> plans to launch a USD 150 mn investment fund primarily focused on Egypt and Morocco<\/strong>, alongside East African markets, according to a <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/amp\/economics\/112053\/%D8%A3%D9%84%D8%AA%D8%A7-%D8%B3%D9%8A%D9%85%D8%A8%D8%B1-%D8%AA%D8%B7%D9%84%D9%82-%D8%B5%D9%86%D8%AF%D9%88%D9%82%D8%A7-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A7-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A7-%D8%A8%D9%82%D9%8A%D9%85%D8%A9-150-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1\/\" style=\"\" rel=\"noopener\">press report<\/a> citing remarks by Alta Semper Cofounder and Managing Partner Afshane Jetha. The fund will primarily focus on investing in the healthcare sector and medical tech solutions in emerging markets. It\u2019s expected to reach final close in 3Q 2026, with USD 100 mn already secured so far from global asset managers, family offices, and development finance institutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The fund is already deploying capital<\/strong>, having invested in London-based medical equipment manufacturer <a target=\"_blank\" href=\"https:\/\/allmedgroup.com\/?utm_source=chatgpt.com\" style=\"\" rel=\"noopener\">Allmed<\/a>, which manufactures dialysis machines in Egypt and has operations in Germany and Brazil.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a><strong> SUEZ CANAL \u2014 A handful of <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/two-cma-cgm-vessels-navigate-suez-canal-sign-easing-tension-2025-12-23\/\" style=\"\" rel=\"noopener\">major shipping lines<\/a><\/strong><strong> are dipping their toes in the <\/strong><strong>Suez Canal again, <\/strong><strong>but it\u2019s a bit early to say it\u2019s a full comeback<\/strong>, EOS Risk\u2019s Martin Kelly tells EnterpriseAM. While Maersk and CMA CGM are running the gauntlet again, Kelly warns us that the threat profile from the Houthis hasn\u2019t just persisted, it has mutated.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">I<strong>ns. premiums may have dropped 70%, <\/strong>but the algorithm for being targeted by the Houthis has never been more unpredictable, Kelly says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Want the full story? <\/strong>Head to EnterpriseAM Logistics to check out the interview <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/3b14cef1-5b0a-4f6b-a2c4-ca0d66409efe\/are-shipping-companies-serious-about-a-return-to-the-red-sea%3F\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/780.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Happening tomorrow<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Will the <\/strong><strong>Central Bank of Egypt close 2025 with a cut?<\/strong> The central bank\u2019s Monetary Policy Committee will meet tomorrow to decide whether to push ahead with another interest rate cut on top of the 625 bps delivered so far this year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We were all confident a cut was incoming \u2014 but now it seems like it could be less of a <\/strong><strong>shoe-in. <\/strong>Our poll of the 14 analysts and economists earlier in the week saw 12 of them <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/69dfa437-5b0b-4cf3-8549-11d063ef8ccc\/with-cooling%253cmark%253e-inflation%253c%2Fmark%253e,-the-odds-of-an-interest-rate-cut-are-looking-up\" style=\"\" rel=\"noopener\">pencil in a 100-200 bps rate cut<\/a>, pointing to a larger-than-expected dip in the annual inflation rate for November. But with the IMF <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3d504a87-5e19-4eab-b95d-3f289427e42f\/no-more-buts-as-imf-signs-off-on-key-reviews-of-our-usd-8-bn-assistance-package\" style=\"\" rel=\"noopener\">noting yesterday that disinflation is \u201cnot yet firmly entrenched\u201d<\/a> in a refreshingly glowing review, the committee may think twice before deciding to cut rates in its last meeting of the year.<\/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\"> Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>8.9 GW \u2014 that\u2019s the amount of currently installed wind, solar, and hydropower <\/strong><strong>capacity in<\/strong><strong> Egypt<\/strong>, Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/story.php?story_fbid=1431800482323701&id=100064812882317&mibextid=wwXIfr&rdid=HVx6vSgS0iqFc1zb#\" style=\"\" rel=\"noopener\">said<\/a>. In just two years, this is expected to more than double to 18.0 GW, he added.<\/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\">PSA-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEA<\/strong><strong>THER- <\/strong>We have more typical winter weather in store for Cairo today, with a high of 23\u00b0C and a low of 11\u00b0C, according to our favorite weather app. The Egyptian Meteorological Authority is also forecasting intermittent wind during the day.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, Alexandria is in for colder weather<\/strong>, with a high of 21\u00b0C and a low of 10\u00b0C.<\/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>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\" rel=\"noopener\">MENA-India<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" style=\"\" rel=\"noopener\">Corridor<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/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>It\u2019s a quiet Christmas Eve morning in the global business press<\/strong> and there are few signs that will radically change as the day wears on: Asian stocks are trading sideways on thin volumes and many Western will close early today before taking tomorrow off entirely. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The US economy grew at a brisk 4.3% clip in the third quarter of the year<\/strong>, backed by <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/fea44f00-6e54-4bd0-b722-6b029ad4411c\" style=\"\" rel=\"noopener\">consumer spending on healthcare and computing<\/a>. That\u2019s well ahead of the 3.2% pace at which analysts polled by Bloomberg expected the economy to expand. Investment by businesses slowed and exports fell in the same period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Oil-price watchers, take note: The US has moved special operations forces into the <\/strong><strong>Caribbean<\/strong>, ratcheting up <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/politics\/national-security\/u-s-moves-troops-and-additional-special-operations-aircraft-into-caribbean-bb8167c6?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">pressure on Venezuela\u2019s government<\/a>. Washington is already enforcing a blockade of oil tankers moving into and out of the Latin American country. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- The Libyan Army\u2019s chief of staff died in a plane crash yesterday <\/strong><strong>evening after flying out of Ankara<\/strong>, where he and three other senior military officers were meeting with Turkish officials. The jet carrying the military leaders <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/signal-lost-with-jet-believed-be-carrying-libyan-army-chief-over-ankara-media-2025-12-23\/\" style=\"\" rel=\"noopener\">asked for permission to make an emergency landing<\/a> shortly before the crash. There\u2019s been no word on the cause of the incident.<\/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\">Morning must-read<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Longtime readers may remember we\u2019ve frequently suggested in the past that women <\/strong><strong>aren\u2019t truly grownups until <\/strong><strong>sometime around age 28<\/strong> \u2014 and that for guys, it\u2019s age 30 or later? That your prefrontal cortex isn\u2019t fully \u201cbaked\u201d until your mid-30s? We might have been onto something: New research suggests the brain\u2019s \u201cadolescent\u201d phase runs from about age 9 through 32 \u2014 and that your noggin is then pretty stable until age 66, when early aging begins. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Go read:<\/strong> <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/health\/wellness\/brain-stages-aging-five-study-nature-a015101e\" style=\"\" rel=\"noopener\">Your brain ages in five distinct stages<\/a> in the Wall Street Journal or <a target=\"_blank\" href=\"https:\/\/www.cam.ac.uk\/stories\/five-ages-human-brain\" style=\"\" rel=\"noopener\">catch a<\/a><a target=\"_blank\" href=\"https:\/\/www.cam.ac.uk\/stories\/five-ages-human-brain\" style=\"\" rel=\"noopener\">breakdown from Cambridge University<\/a>, where the research originated, if you\u2019re not a Journal subscriber.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2503.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>Planes, trains, and automobiles were the drivers of the logistics sector, as the Suez Canal took a back seat in 2025. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: Alta Semper\u2019s USD 150 mn healthcare fund is looking at Egypt opportunities<\/p>\n","protected":false},"author":1,"featured_media":677866,"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":[7204],"tags":[930,72,11860,7103,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-677865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-alta-semper","tag-enterpriseam","tag-labor-relations","tag-suez-canal","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"f6e4c2df-0b8a-470a-b553-d61890a8394d","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/12\/1181.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old","related_issue":[677862],"teaser":"Plus: Alta Semper\u2019s USD 150 mn healthcare fund is looking at Egypt opportunities"},"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>Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old - 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\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old\" \/>\n<meta property=\"og:description\" content=\"Plus: Alta Semper\u2019s USD 150 mn healthcare fund is looking at Egypt opportunities\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-24T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-12-24T12:10:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.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=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old\",\"datePublished\":\"2025-12-24T00:00:00+00:00\",\"dateModified\":\"2025-12-24T12:10:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\"},\"wordCount\":1369,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Alta Semper\",\"EnterpriseAM\",\"labor relations\",\"Suez Canal\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\",\"name\":\"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-12-24T00:00:00+00:00\",\"dateModified\":\"2025-12-24T12:10:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/","og_locale":"en_US","og_type":"article","og_title":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old","og_description":"Plus: Alta Semper\u2019s USD 150 mn healthcare fund is looking at Egypt opportunities","og_url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2025-12-24T00:00:00+00:00","article_modified_time":"2025-12-24T12:10:45+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old","datePublished":"2025-12-24T00:00:00+00:00","dateModified":"2025-12-24T12:10:45+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/"},"wordCount":1369,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1","keywords":["Alta Semper","EnterpriseAM","labor relations","Suez Canal","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/","url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/","name":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1","datePublished":"2025-12-24T00:00:00+00:00","dateModified":"2025-12-24T12:10:45+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/24\/trading-places-is-the-ultimate-capitalist-christmas-movie-says-our-non-resident-18-year-old\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Trading Places is the ultimate capitalist Christmas Movie says our (non-resident) 18-year-old"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/1181.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":621589,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/13\/miscellany-on-13-november-2018-natural-gas-bad-blood-year-end-bonus\/","url_meta":{"origin":677865,"position":0},"title":"Miscellany on 13 November 2018: Natural gas, Bad Blood, year-end bonus","author":"enterpriseam admin","date":"13 November 2018","format":false,"excerpt":"In miscellany this morning: Natural gas will overtake coal as the world\u2019s second-largest energy source by 2030, according to the IEA\u2019s for-pay-only World Energy Outlook 2018 report. Not bad news if you, like us, are sitting on plenty of the stuff. (Axios | Reuters) Shameless plug for which we take\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":634082,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/what-were-tracking-on-04-january-2018\/","url_meta":{"origin":677865,"position":1},"title":"What we\u2019re tracking on 04 January 2018","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"We\u2019re in for a long weekend. Sunday is an official holiday for the public and private sectors in observance of Coptic Christmas, as confirmed by the cabinet and central bank. We\u2019d like to wish everyone a Merry Christmas. We\u2019ll be announcing the results of our end-of-year survey next week. We\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":627433,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/what-were-tracking-on-03-june-2018\/","url_meta":{"origin":677865,"position":2},"title":"What we\u2019re tracking on 03 June 2018","author":"enterpriseam admin","date":"3 June 2018","format":false,"excerpt":"We are officially past the halfway mark in Ramadan, meaning it is not unseemly to start making Eid and \/ or summer vacation plans. Just sayin\u2019.President Abdel Fattah El Sisi was sworn in yesterday, marking the start of his second term in office. Speculation about a possible cabinet shuffle will\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":568284,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/24\/what-were-tracking-on-24-december-2020\/","url_meta":{"origin":677865,"position":3},"title":"What we\u2019re tracking on 24 December 2020","author":"enterpriseam admin","date":"24 December 2020","format":false,"excerpt":"Good morning, everyone, and a very Merry Christmas to all those who are observing tomorrow. We made it through another week together \u2014 and have a pleasantly quiet issue for you this Christmas Eve morning.Last orders on the NYSE and Nasdaq will be at 1pm Eastern today while the closing\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":651730,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/20\/what-were-tracking-on-20-february-2017\/","url_meta":{"origin":677865,"position":4},"title":"What we\u2019re tracking on 20 February 2017","author":"enterpriseam admin","date":"20 February 2017","format":false,"excerpt":"We\u2019re below EGP 16 to the greenback: The EGP has strengthened to a three-month high with the central bank reporting that banks were buying greenbacks at an average rate of EGP 15.7576 per USD 1 yesterday. Bankers told Reuters the strengthening of the EGP owes in large part of a\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":642990,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/what-were-tracking-on-28-august-2017\/","url_meta":{"origin":677865,"position":5},"title":"What we\u2019re tracking on 28 August 2017","author":"enterpriseam admin","date":"28 August 2017","format":false,"excerpt":"We\u2019re deep in the arms of the pre-Eid news slowdown, the effect of which is magnified by it taking place during the last week of the last \u201creal\u201d month of summer. You\u2019ll want to pay close attention to the news on Thursday morning, though \u2014 what better time for corporations\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/677865","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=677865"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/677865\/revisions"}],"predecessor-version":[{"id":678043,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/677865\/revisions\/678043"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/677862"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/677866"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=677865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=677865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=677865"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=677865"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=677865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}