Podcasts about zohr

Tourist arrivals rose 25% y/y in 1Q25 to 3.9 million. Tourism minister expects the 5% y/y increase in 2024 to be followed by an 8% y/y increase in 2025.The House of Representatives will start discussing amendments to the Old Rent Law today.The IMF said in its latest Regional Economic Outlook that “economic activity is expected to pick up but remain modest” this year in Egypt.According to IMF data, public debt fell to 89% of GDP by the end of FY23/24, compared to 95.7% at the end of the previous year.Fitch Solutions expects Egypt's economic indicators to gradually improve during the period from the current fiscal year until 2027/2028.Net sales of government bonds and treasury bills by foreign investors amounted to approximately USD1.7 billion during the month of April 2025.President El Sisi has given the final approval for the revamped Labor Law.International oil companies Chevron, Shell, and Eni have submitted offers for exploration blocks in the Mediterranean.Eni plans to inject USD1 billion in new investments in the Zohr field.Japanese medical device manufacturer JMS, its local agent Interpharm, and the Egyptian Company for Medical Investments will establish a EGP1.4 billion factory for blood collection bags and tubes in Ain Sokhna's industrial zone.Chinese firm XinGaoyi Medical Equipment (XGY) and the Arab African Company for Medical Industries (AACMI) signed a partnership agreement to establish a factory to locally manufacture medical equipment.Chinese solar tech company TrinaSolar is looking to increase its solar panel sales in Egypt by 20% y/y in 2025 to reach USD600 million.CIEB 1Q25 consolidated bottom line recorded EGP1,869 million (-4% q/q, -18% y/y). CIEB is currently trading at P/E25 of 3.1x and P/B25 of 0.9x.SWDY will distribute cash dividends of EGP1.00/share on 15 May 2025 for shareholders on record on 12 May 2025 (DY 1%).The Ministry of Finance intends to unify the value-added tax rate on contracting activities at 14% instead of the 5% currently applied to supply and installation works combined. CIRA released its 2Q24/25 financial results, reporting a net profit of EGP226 million (+20.3% YoY, +26.8% QoQ). CIRA is currently trading at FY24/25f P/E of 29.6x and EV/EBITDA of 7.6x.GBCO plans to introduce three new models of the Chinese automotive brand, Changan, in the Egyptian market during 2H25.RMDA's general assembly approved cash dividends of EGP0.11/share to be distributed over two equal installments in June and November. The assembly also approved 0.3:1 bonus shares.ALCN released financial indicators showing 9M24/25 net profit of EGP5.4 billion, up 31.1% y/y.CCAP has contracted with independent financial advisor Graviton Financial Advisory for Securities to conduct a study of the fair value of the company's shares. Upon completion, the extraordinary general assembly will be invited to consider increasing the company's capital.

*Key news articles for today* The House has passed the new Labor Act. The new act needs to be published in the Official Gazette and we'll need to see the executive regulations to it. The country's specialized labor courts (a key feature of the law) are expected to start operating on 1 October 2025 when the new judicial year kicks off. Finance Minister Ahmed Kouchouk delivered his budget statement to the House. Highlights of the budget include:1. Egypt's real GDP growth is expected to accelerate to 4.5% in the coming fiscal year, up from an estimated 4.0% in FY 2024-25.2. The gov't sees the primary surplus reaching 4.0% of GDP.3. A 23.0% y-o-y jump in public revenues to EGP 3.1 tn and a 19.2% y-o-y rise in expenses to EGP 4.6 tn.4.  The government is aiming to raise some EGP2.6 tn in tax revenues in the upcoming fiscal year.5. The government targets decreasing the public debt to GDP to 81% by end of June 2026 and decreasing the external debt of budget sector by up to USD2 billion annually. Egypt hopes to attract some USD4 bn in new Kuwaiti investments this year — part of a wider USD6.5 bn target through the end of 2026.Eni plans to drill two new gas wells in Egypt's Zohr field next year, with an estimated investment of USD360 million.The African Export-Import Bank (Afreximbank) intends to provide USD2 billion in financing to Egypt during the current year, divided between direct and indirect financing. The direct financing will be directed to Egyptian banks and strategic commodities, while the indirect financing will focus on supporting projects implemented by Egyptian companies in other African markets.ORAS announces the start of commercial operations of 500 MW at the newly expanded 650 MW Build-Own-Operate (BOO) wind farm in Ras Ghareb, Egypt six months ahead of schedule. ORAS owns 25% of the project. ORHD (FV: EGP34.74, OW) Board approved the distribution of EGP0.384/share cash dividends, implying a dividend yield of 1.7%.HELI (FV: EGP18.84, OW) received three offers to co-develop its 52k sqm land plot in Mansoura.Italian chemicals manufacturer Mapei has inaugurated the first phase of its second Egypt factory — a EUR25 million plant in Tenth of Ramadan — to produce chemical and insulation materials. China's Binhua Group — or Befar — broke ground on their USD500 million chlor-alkali production facility in the China-Egypt TEDA trade zone, according to a statement from the Suez Canal Economic Zone (SCZone). The big-ticket project is split between a USD300 million first phase — to be completed within 18 months — and a second USD200 million second phase. 

Monthly urban headline CPI inflation recorded 1.6% in March 2025 compared to 1.4% in February. On an annual basis, urban inflation recorded 13.6% compared to 12.8% in February. Egypt's Fuel Automatic Pricing Committee raised on Friday prices of gasoline and diesel by EGP2, but kept diesel fuel supplied to electricity, food industries, and vehicle gas unchanged.Fitch Ratings affirmed Egypt's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B' with a Stable Outlook. S&P Global Ratings revised Egypt's outlook to stable from positive and maintained its B-/B rating for Egypt's long- and short-term local and foreign currency debt. The MPC is scheduled to meet on Thursday to decide on interest rates. We believe the current scene might induce the CBE to act conservatively with a moderate easing, given the uncertainties sweeping global markets triggered by Trump's trade war in addition to persistent geopolitical risks. Despite the pick-up in inflation reading for March and given the decline in core inflation rate, and also taking into account the current uncertainties, we still believe the CBE has the room to ease by up to 200 bps in its upcoming meeting on 17 April 2025.The Madbouly government has plans to set up two integrated textile industrial zones in Minya and Fayoum at a total cost of EGP27 billion.Private companies accounted for 72% of Egypt's wheat imports in 1Q25, while the government secured the remaining 28%. Total interbank market transactions surpassed the USD3.5 billion mark last week, a significant jump from the USD750 million-1.2 billion the market usually sees changing hands each week. Egyptian National Railways signed three contracts worth over USD235 million with US-based Progress Rail to upgrade and maintain parts of the country's locomotive fleet. Some 100 Saudi investors and members of the Saudi-Egyptian Business Council led by the Federation of Saudi Chambers landed in Cairo yesterday to kick off a visit aimed at deepening investment ties between the Kingdom and Egypt.Egypt is set to officially join the EU's research and innovation funding program Horizon Europe in November. The British Ambassador to Egypt said that his country is currently studying a trade agreement with Egypt aimed at reducing customs duties on some products imported by Cairo from Britain, in exchange for the export of Egyptian agricultural crops such as grapes and strawberries to the United Kingdom.Italian company Eni has begun negotiations with global entities, led by Baker Hughes, to implement a plan to drill two new wells in the Zohr field in the Mediterranean Sea, with estimated investments ranging between USD300 million and USD400 million.Data from the CBE revealed that the Ministry of Finance sold on Thursday approximately EGP116.5 billion in six-month and one-year T-bills, surpassing the targeted EGP75 billion in liquidity. The European Union has reduced the initial anti-dumping duty applied to hot-rolled flat steel products from Egypt to 12.8% from the 15.6% it proposed late last month.DOMT's general assembly approved cash dividends distribution of EGP0.85/share for FY24, implying payout ratio of 47.9% and dividend yield of 3.6%. Dividends will be distributed in May 2025.

Who's in and who's out of the EGX30? In:Orascom Development, Rameda, EgyptAlum, Ibn Sina Pharma, Qalaa Holdings, and Eipico Out:Ezz Steel, B Investments, Faisal Islamic Bank of Egypt, Cleopatra Hospitals, Elsewedy Electric, andHeliopolis Housing The Prime Minister said that the government is working the social protection package including increase in salaries and pensions, which is expected to be approved in 2025.Recently approved SME tax system could save taxpayers, and set the government back, some EGP 800 bn in foregone tax revenues. Remittances from Egyptians working abroad continued their consecutive surges backed by the economic reform measures, taken in March 2024, with a 65.4% increase in November 2024 to reach approximately USD 2.6 billion.The EGX is considering launching a T-bills index to meet rising investor interest, according to an EGX statement.The Cabinet discussed a draft of the Prime Minister's decision regarding establishing an authority for the financial and business zones, to regulate those areas to be established in Egypt.The US Federal Reserve unanimously kept interest rates steady in the 4.25%-4.50% range, it said in a statement yesterday, as they assess the impact of Trump's economic policies on inflation and growth.Turkish company Klepsam is planning to build the country's largest sanitary ware factory, Egyptian-Turkish Business Council member Matta Bishay said. The project will see investments of USD 7-10 mn in its first phase to manufacture water meters, which are currently heavily imported.Ethydco is planning to borrow USD40 million from Al Mashreq Bank to repay natural gas dues to GASCO. Eni has resumed drilling operations at the Zohr gas field after the Saipem drillship arrived in Egyptian waters on Tuesday.UAE's Dragon Oil struck oil at the East Crystal-1 exploratory well in the Gulf of Suez, the Oil Ministry said in a statement. Initial tests show output exceeding 2k barrels per day.The Egyptian arm of India's Everest Kanto Cylinder working on establishing the country, and also continent's, first factory producing compressed natural gas (CNG) cylinders, according to a statement. EGPC plans to connect three new crude oil development wells in the Red Sea governorate to the national grid within four months, which will add 1,250-1,350 bbl/day. A Governmental committee studies the reduction of sea shipping freights by 50% through 1Q25, due to the geopolitical scene in the region that pulled down the containers' volumes in south red sea area. HRHO-backed K-12 operator Spark Education Platform (SEP) inked definitive agreements to acquire a majority stake in Riyadh's Qimam El Hayat International School.

Banque Misr is preparing to appoint an advisor for the offering of its subsidiary Banque du Caire. Emirates NBD is reportedly considering the acquisition of a controlling stake in BdC, as the bank is currently in the final stages of due diligence with the acquisition expected to go through in 1Q 2025.The government has its sights set on tackling the backlog of dues owed to exporters, with the Finance Ministry and the Investment Ministry announced a new mechanism to clear EGP60 bn in overdue payments to exporters.Sisi and his Greek counterpart discussed the two sides' joint economic projects, including the 3-GW Greece-Egypt Interconnector (GREGY) led by Greek contractor Copelouzos Group and expanding regional energy cooperation. Prime Minister revealed the government's intention to announce new companies to be offered to the private sector during the current year, in addition to the 10 companies that were announced earlier.A government official revealed that Egypt has saved USD1 billion during the last quarter of 2024 compared to the previous year in the consumption of fuel used in generating electricity. Eni is working on increasing Zohr field production through operations in two to three wells with investments ranging from USD60-90 million, during the current year. The health of Egypt's banking sector continued to improve throughout 9M2024, with the sector's capital adequacy ratio (CAR) increasing 0.5 percentage points from the end of 2023 to clock in at 19.1% by the end of 3Q2024.HRHO announced the successful completion of its advisory role in the initial public offering (IPO) of 30% of the issued capital of Nice One Beauty.HRHO aims to inject new financing worth EGP5 billion during this year, including EGP2 billion in the first quarter, distributed between financial leasing and factoring activities.

CAPMAS is expected to release inflation figures for October on Sunday, 10 November. We expect urban annual inflation to hit around 27%.Net International Reserves recorded USD46.9 billion at the end of October 2024, up USD205 million from September's USD46.7 billion.Investment Minister Hassan El Khatib will unveil the revamped privatization program before the end of the month, Prime Minister said.Egyptian officials and the IMF mission are in discussions over how they can extend the timeline of implementing some of the reforms previously agreed upon with the Fund.The government spent EGP28.5 billion on fuel subsidies in 1Q of the current fiscal year, marking a 232% YoY increase.The Finance Ministry provided an additional EGP53 billion to the Oil Ministry in 1Q24/25 to help it settle payments to foreign partners and secure imports for strategic stockpiling.The CBE has instructed banks to begin processing car importers' requests for USD-denominated letters of credit, ending a six-month halt, sources said.LSE-listed Energean confirmed in a meeting with Oil Minister Karim Badawi that the USD945 million sale of its Egyptian, Croatian, and Italian assets to global investment firm Carlyle is set to go through by the end of the year.Egypt is set to launch a global tender for gold mining and exploration at approximately 200 sites in the Eastern Desert by the end of the year.The CEO of the Italian company Eni revealed that the company will return to drilling gas wells again in the Zohr field by the end of this year.China's Anton Oilfield Services Group and the UAE's Mubadala Energy are looking to explore investments and collaboration in Egypt's oil sector.The government is planning to launch 11 new tenders for investments under the public-private partnership (PPP) model, with targeted investment costs totaling EGP62 billion.The government approved the redrafted Labor Act after several rounds of discussions.Cabinet also approved granting the Tunisian automotive cable manufacturer Coficab the golden license for its up to USD88 million automotive cable and electrical factory in Tenth of Ramadan City.Cabinet approved granting MAFI Agricultural Produce Industries a golden license for its agri-food industrial project in Sadat City. CIEB released 3Q24 consolidated bottom line of EGP1,874 million (-3% q/q, +44% y/y).OFH received an offer to sell its 99%-owned subsidiary, Klivvr, for EGP657.7 million.CICH's micro-financing arm, Reefy, raised EGP884 million in the second securitization issuance.ESRS denied, in a release to EGX, receiving any official offers or ongoing negotiations for the purchase of its free-floating shares on the EGX. SWDY partnered with KSA's Abunayyan Holding to produce high and extra-high voltage power transformers in the Saudi market. The company also launched a procurement tender with Saudi Electricity Company for the domestic production of medium-voltage cable accessories.According to local media, TMGH YTD sales have reached EGP470 billion. This figure likely includes not only TMGH sales, but also sales made for third parties for which TMGH receives commissions.ETEL and Alcatel Submarine Networks (ASN) have announced the successful landing of the Africa-1 subsea cable system in Egypt at the Ras Ghareb cable landing station on the Red Sea.ALCN reported results for 1Q24/25. Bottom line came in at EGP1.8 billion compared to EGP981 billion in 1Q23/24.The Head of the Egyptian General Petroleum Corporation announced signing investment agreement with Apache to increase gas production in the Western Desert where production will start in 1Q25.Egyptian fertilizer exporters are currently negotiating with the biggest American fertilizer distributors to open new export markets in the US.

The Prime Minister confirmed that the government is currently reviewing the timeline and reforms put forward by the Fund, pointing to the direct impact that the war on Gaza and the subsequent decline in Suez Canal revenues has had on state revenues as justification for the review.The Prime Minister said that the foreign exchange flows and the state's needs and obligations are proceeding regularly and smoothly, and there is no delay with regard to production requirements, raw materials, and basic needs, and there are no delayed requests in the banks, denying the government's intention for another floatation of the exchange rate.The first phase of the government's plan to bring private investors to develop, manage, and operate Egyptian airports will offer up five airports, unnamed sources told press. The sources named the airports as Cairo International Airport, Sphinx International Airport, El Alamein International Airport, Sharm El Sheikh International Airport, and Hurghada International Airport. The government also plans to hand over management of Luxor and Aswan airports to private sector operators in subsequent phases. Home appliance giant LG plans to add a new USD150 million refrigerator production line to its Tenth of Ramadan factory. The new production line is in the preparation phase.Turkish pump manufacturer Turbosan is mulling setting up a factory in Egypt as part of a larger effort to increase its presence in the local market, according to a Housing Ministry statement.Egyptian and Libyan businesses agreed to set up a comprehensive industrial complex leveraging Egyptian raw materials to serve as a trade corridor to Algeria, Tunisia, and other African markets, set up permanent “Made in Egypt” exhibitions in Tripoli and Benghazi, and to look into potential Egyptian investments in Libya's tourism sector — Libya is setting up a tourism project on its coastline.The World Bank announced a schedule for Egypt's external debt repayments during the current fiscal year, which includes paying obligations worth USD60.8 billion in the period from July 2024 to June 2025. Eni is set to resume drilling at the Zohr gas field in December of this year, with the arrival of a rig to drill two new wells, Oil Minister Karim Badawi said yesterday. US oil producer Apache has been awarded four exploration blocks in the Western Desert, the Oil Minister announced. BP will be expediting the drilling of the second well at the Raven natural gas field, the Oil Minister said, adding that the additional production capacity is set to come online by January 2025.The Oil Ministry targets signing 15 new oil and gas exploration agreements during the coming year with minimum investments of USD748.5 million.United Bank shares will be temporarily listed on the bourse starting today, after which the company will have six months to meet listing requirements and obtain regulatory approvals ahead of its planned IPO set to take place before the end of 1Q25.HRHO launched SEP educational platform in Saudi Arabia with a capital of USD300 million.COMI CEO Hisham Ezz El Arab plans to leave his post at the bank within the next 2-3 years, he told Al Arabiya, adding that he is currently mentoring three employees, with one expected to take over after his departure.Government agencies can now grant contractors working on public projects up to a six-month extension on their implementation timelines, according to a circular issued by the Cabinet. State-owned Egyptian General Petroleum Corporation (EGPC) signed four separate MoUs with SWDY's Elsewedy Industrial Development, ESRS, Ades Holding, and a consortium of Hassan Allam Holding and Infinity Power aimed at ramping up oil and natural gas exploration alongside production and field development, according to a Cabinet statement.

The government will soon announce “important news” regarding the privatization of a number of banks and airports, Prime Minister Moustafa Madbouly said.Egypt's external debt sat at USD152.9 bn during the end of FY2023/24, falling some USD15.1 bn (almost 9%).Egypt's import bill for petroleum products reached USD10.5 billion during 9M2024, compared to USD9.4 billion in the same period last year, an increase of 11.8%.State gas firm EGAS signed a partnership agreement with Greek infrastructure investment company Copelouzos Group to develop a JV headquartered in Greece focused on the trade, transport, supply, and regasification of natural gas in Eastern European countries and Greece, according to a statement.The Financial Regulatory Authority has issued new regulations to combat money laundering and terrorism financing for NBFIs.OLFI reported solid 3Q24 financial results with attributable net profit recording EGP299 million in 3Q24 (+212.6% YoY, +12.4% QoQ), implying NPM of 10.5% (+5.9pps YoY, -2.2pps QoQ). This brings 9M24 net profit to EGP722 million (+134.5% YoY). OLFI is currently trading at 2024e P/E of 6.9x.Oil prices slid on Tuesday, settling down 4.63% at USD77.18/bbl on news of a possible ceasefire between Hezbollah and Israel, although prices found some support on fears of a potential attack on Iranian oil infrastructure.OPEC in a monthly report said world oil demand will rise by 1.93 million barrels per day (bpd) in 2024, down from a growth of 2.03 million bpd it expected last month. TCI Sanmar announced plans to inject more than USD300 million in investments to expand its PVC production capacity in Egypt.The Minister of petroleum announced that Eni will dig new wells in Zohr field during the coming period. ORHD signed a USD155.0 million loan facility with the International Finance Corporation to partially refinance existing debt and fund potential growth opportunities in the hotel business in El Gouna and capital expenditure for renovating hotels. MASR signed a contract with Redcon Spain Construction to accelerate construction work in the Sarai project, with investments exceeding EGP600.0 million.HRHO's subsidiary, EFG Corp-Solutions, has issued EGP450 mn in debt, its second issuance in a wider EGP3 bn program. BTFH's subsidiary, Beltone Leasing and Factoring, is in talks with three major international financial institutions over a USD60 mn loan to fund expansion across the continent, starting with Morocco and Senegal.The Financial Regulatory Authority (FRA) will within weeks issue regulations implementing the capital requirements for insurance companies put forth by the Unified Ins. Law.A number of banks have been earmarked for privatization, including Banque du Caire, whose IPO has been repeatedly delayed for years due to poor market conditions, Arab African International Bank (AAIB), and United Bank, which should make its EGX debut early next year.

"The Zohr discovery is an interesting one because all of a sudden it makes everybody sort of scratch their head and go like, 'So what have we missed elsewhere?'" Dr. Walter Rietveld discusses September's The Leading Edge, which focuses on the Eastern Mediterranean. In this episode: > Discover the challenges and opportunities in the Eastern Mediterranean's oil and gas exploration, a region attracting significant industry interest due to recent discoveries and proximity to major markets. > Explore the complexities of the Messenian interval, a geographically variable layer that creates significant hurdles for seismic imaging. > Learn how innovative technologies like multi-azimuth seismic and ocean bottom node (OBN) acquisition and advanced processing techniques like full waveform inversion (FWI) are being used to overcome these imaging challenges. > Examine the success story of the Atoll field, where OBN acquisition and advanced imaging led to significant improvements in seismic data quality, enabling better reservoir characterization and well planning. > Understand the shift in exploration focus from post-Messenian to deeper pre-Messenian plays, driven by factors like the depletion of shallower targets and the potential of deeper channel systems as reservoirs. This interview focuses on the challenges and technological advancements in Eastern Mediterranean oil and gas exploration. Walter discusses how innovations such as multi-azimuth seismic, ocean bottom node acquisition, and full waveform inversion improve subsurface imaging, particularly in geologically complex areas like the Messenian interval. He highlights the success of these technologies in the Atoll field. He suggests that similar techniques, successfully employed in other regions like the Gulf of Mexico, hold promise for maximizing the value of existing data in the Eastern Mediterranean. Walter encourages listeners to explore the special section on the Eastern Mediterranean in The Leading Edge to gain a deeper understanding of the challenges and solutions discussed. He closes the conversation, emphasizing the importance of collaboration within the industry, even among competitors, for advancing exploration efforts. THIS EPISODE IS SPONSORED BY VIRIDIEN Viridien is an advanced technology, digital, and Earth data company that pushes the boundaries of science for a more prosperous and sustainable future. With comprehensive geoscience expertise, remarkable subsurface imaging, and a unique Earth data library, Viridien provides new insights to reduce exploration risk and optimize field development. Learn how Viridien can help you meet complex challenges in frontier basins around the world. Visit https://www.viridiengroup.com - and see things differently. LINKS * Visit https://seg.org/podcasts/episode-236-unlocking-the-eastern-mediterraneans-seismic-secrets/ for the complete show notes and the links for September's The Leading Edge. SHOW CREDITS Andrew Geary at TreasureMint hosted, edited, and produced this episode. The SEG podcast team comprises Jennifer Cobb, Kathy Gamble, and Ally McGinnis. If you have episode ideas or feedback for the show or want to sponsor a future episode, email the show at podcast@seg.org.

The government has hiked the prices of butane gas cylinders as part of efforts to rationalize subsidies for fuel. The price of household cylinders has gone up 50% to EGP150 ex-factory, while the price of cylinders for commercial use has increased 33.3% to EGP200 ex-factory.The value of the budget savings resulting from the increase in butane cylinder prices are estimated at EGP12 - 14 billion, during the current fiscal year 2024-2025.Egypt's fuel import bill amounted to about USD9.3 billion during 8M2024, compared to USD8.3 billion in the same period last year.Turkish state-run gas company Botas has inked a ten-year agreement to import LNG from French energy giant TotalEnergies with the option to redirect cargoes to Egypt and Europe, Bloomberg reports. The Federal Reserve cut interest rates Wednesday by a half-point, the first time officials trimmed borrowing costs since the pandemic's early days. Egypt and Cyprus are reportedly exploring the construction of a 90-km marine pipeline to transport Cypriot gas to our Zohr field's production facilities. The Investment Ministry is preparing a vision for investment and trade policies for 2024-2030, Investment Minister Hassan El Khatib said on Tuesday. The signing of the anticipated Agreement on Promotion and Mutual Protection of Investments between Egypt and Saudi could see upwards of USD10 bn in bilateral investments over the next three years.Foreign investments in T-bills declined by about USD800 million in June, reaching USD36.6 billion, compared to USD37.44 billion in May.CCAP released 1Q24 full financial statements posting a consolidated net profit of EGP7.2 billion in 1Q24, significantly higher than a net profit of EGP73 million in 1Q23 and EGP4.8 billion in 4Q23 which included a capital gain of EGP5.0 billion mainly related to TAQA debt settlement. The company is currently trading at a 2024f EV/EBITDA of 4.9x.The Saudi Egyptian Investment Company (SEIC) - a wholly-owned subsidiary of Saudi Arabia's Public Investment Fund - has sold a 1.0% stake in ABUK for nearly EGP556 million.EGAL is studying four new projects with estimated investments of USD6 billion. LCSW's Board of Directors approved a motion to merge the company's three sanitary ware and tile manufacturing subsidiary companies in Egypt into Lecico Egypt S.A.E. (the parent company) to improve operational and financial efficiencies, as LCSW already owns 100% of these subsidiaries. The government is studying the requests of business organizations to postpone the increase in natural gas prices for the industrial sector for one year.The Poultry Division and the Producers Union expect the costs of heating farms to increase during the coming winter season due to the movement of butane gas prices.The total assets of the banking sector rose to about EGP18.73 trillion by the end of May compared to EGP18.38 trillion by the end of last April, with the rise of total lending balances to about EGP6.89 trillion from EGP6.831 trillion.Banque Misr achieved a net profit of EGP53 billion during 2023, a growth of 112% over 2022.PHDC Board approved a EGP10.3 billion long-term loan to partially finance Badya.

*Key news articles for today* The headline PMI rose in August to 50.4, rising from 49.7 in July, to signal the first improvement in the health of the non-oil private sector since November 2020.The industry, transport, and investment ministries are mulling the creation of a freezone for African investors as part of the government's long-term goal of increasing trade with the continent.The IMF revealed that Egypt aims to gradually reduce government guarantees in the coming period.Saudi Arabia and Libya have financed the purchase of gas cargoes worth at least USD200 million to help Egypt ease its energy crisis.The Italian Eni is planning to increase the production of “Zohr” field to nearly two billion cubic feet per day early next year.The Ministry of Petroleum intends to import between 6-8 LNG shipments in September.The Egyptian General Petroleum Corporation (EGPC) reached an agreement with the Egyptian Railways Authority to pay off a debt owed to the authority amounting to EGP6 billion over 5 years. Indonesia plans to ink USD3.5 billion worth of trade and investment agreements with African countries — with a particular focus on Egypt, Kenya, South Africa, and Nigeria.The CBE sold some EGP23.2 billion of EGP-denominated three-year treasury bonds yesterday — over 3.5 times its target of EGP5 billion, with an average interest rate of 25.2%.The government is planning to up its strategic wheat reserves from six-months' supply to nine months if it secures the necessary funds.EGCH released 4Q23/24 unaudited financial indicators posting net losses worth EGP32 million during 4Q23/24 as compared to a net profit of EGP46 million in 4Q22/23 and a net loss of EGP411 million in 3Q23/24 due to growing interest expenses. On an annual basis, net profit declined by 94% YoY to EGP70 million in FY23/24, from EGP1.2 billion in FY22/23. EGCH is currently trading at a FY2024/2025 PE of 20.5x.The government plans to limit providing subsidized fertilizers to 8 strategic crops only in order rationalize fertilizers subsidies.Indian companies study injecting investments in Egypt fertilizers, green hydrogen and food industries. TMGH expects its USD revenue to reach USD856.0 million by 2028, supported by the company's hotel portfolio.OCDI launched Ogami, its project situated on 440 feddans in Ras El Hekma on the North Coast. The project offers 1,900 units and is home to the Nobu Hotel and Residences.HRHO have launched asset servicing arrangement and custody arrangement services, which aim to address the unique challenges faced by high-net-worth individuals, family offices, and small- to mid-sized funds in accessing custody arrangement services. 

Tradičné hodnoty bývajú stotožnené s istou formou do seba uzavretého kresťanstva, ľudáckeho nacionalizmu, ktorý odmieta modernitu, je zahľadený do seba a nedôverčivý voči všetkému modernému. U nás sa vďaka takémuto vnímaniu darí za tradičné hodnoty rámcovať mizogýniu, homofóbiu a všeobecnú netoleranciu k inakosti.V čom spočíva podstata liberalizmu a prečo môže byť vnímaný ako znepokojivý? Aké sú základné princípy, na ktorých liberalizmus stojí? Nakoľko sú spojené s liberálnou demokraciou? Čo sa zvykne označovať termínom tradičné hodnoty? Do akej miery je argumentácia tradičnými hodnotami prirodzená? Ako sú tradičné hodnoty zneužívané antidemokratickými silami?Prečo vzniká paradox využívania moderných nástrojov ako sú sociálne siete na boj proti modernite? Akú úlohu zohráva pri presadzovaní tradičných hodnôt hľadanie nepriateľa? Prečo vznikajú argumenty o odmietnutí liberalizmu a snahe postaviť demokraciu na špecifických národných princípoch? Do akej miery preberajú protagonisti tradičných hodnôt naratívy z amerického diskurzu?Aj o tom v novej epizóde podcastu Disinfo Report organizácie Infosecurity.sk hovorí Tonka Zsigmondová s publicistom a politológom z Univerzity Komenského v Bratislave Pavlom Hardošom.

The Electricity Ministry plans to carry out USD 4 bn worth of hydroelectric power projects in partnership with the private sector unnamed government sources said. Singapore's Trafigura and Switzerland's Vitol and Glencore have won a tender to provide Egypt with five shipments of LNG through August and September. The government secured the shipments at “favorable prices,” which can be paid back under a deferred payment plan. The government will launch new LNG tenders every three months or so, based on the energy sector's needs. The bourse is considering launching an index for companies that are temporarily listed on the EGX, bourse head Ahmed El Sheikh said. El Sheikh expects 2-3 companies to temporarily list on the EGX this year — the bourse is currently studying the prospect of listing 11 new companies — eight on the EGX and three on the NileX. The Fed held rates steady following its two-day meeting, in line with expectations, but Chair Jerome Powell set the stage for a September rate cut, saying it is on the table if inflation continues its downward trajectory and growth remains strong. ESRS has recently advocated for stronger import protection measures to defend the domestic sector against the challenges posed by lower-priced metal imports, which have been eroding the competitive edge of Egyptian-produced metals. To counteract these threats, the proposed measures include the introduction of import tariffs and the enforcement of stricter regulations to foster fair competition. ORAS will distribute its cash dividend of USD0.20/share (EGP9.6944/share) for FY23, approved earlier in May, on 21 August 2024. Record date is 14 August 2024.  India-based fertilizers manufacturer Ostwal Group of Industries is looking into setting up a USD300 million fertilizers factory in Egypt, according to a statement. The factory aims to produce over 700k tons of fertilizers a year and plans to export to markets in the Middle East, Africa, and Europe, as well as the Indian market. Eni is planning to dig new wells in Zohr during 4Q24 to increase nstural gas production gradually during 1H25. A Chinese company is planning to establish a factory for producing titanium dioxide with a production capacity of 30k tons in its first phase. The project will use raw materials sourced from Egypt.  MASR and ZMID preliminarily approved co-developing a 41.9 feddan land plot in New Heliopolis. We remind you that ZMID had acquired land in New Heliopolis in the past few years. CNFN plans to have its insurance consultancy company kick off operations in 4Q24, after receiving the final license approvals from the FRA. Moreover, the company's digital consumer finance arm, Contact Credit, will kick off its Dubai operations on 9 September to serve Egyptians abroad and GCC nationals with Egyptian residencies. The company plans to offer EGP-denominated financing for various services in Egypt, including car purchases and education. CNFN is also eyeing expansion into Saudi Arabia and European markets to cater to Egyptian expats.ACTF shares rose 29.7% on their first day of trading on the EGX yesterday to close at EGP 3.76, up from their initial price of EGP 2.90. Banque Misr and Visa will work together to support startups enrolled in the bank's Teqdar accelerator program under a newly-inked MoU.  Misr Insurance Company will start collecting insurance premiums through e-payment platforms provided by e-payments firm Damen, under a cooperation protocol inked between the two sides. 

Annual urban inflation cooled for the fourth consecutive month, registering 27.5% YoY in June, down from 28.1% YoY in May.The new government explained detailed plans for its three-year term. Goals include:Private investments to make up 51% of total investments in Egypt by the fiscal year 2026-2027 and 70% by 2030. Cabinet aims to reduce the unemployment rate to 6.5% by FY2026-27 and to 6.1% by 2030.Cabinet has revised downwards its tourism target and now expects to welcome 25 million tourists annually by 2030, down from a previously-set goal of hitting 30 million tourists by 2028.The government aims to expand health insurance coverage to reach 85% of the population by 2026-2027 and have local pharma production meet 94% of local market needs.Raise growth rates during the fiscal year 2026-2027 to 5.5%, up from the target of 4.2% for the current fiscal year.The government plan document also estimated the value of the proceeds of the first and second phases of the government IPO program at USD5.8 billion.Italian Energy giant Eni plans to drill two new wells in the Zohr field in 2H2025 with investments of USD160 million.According to a member of the Egyptian Federation of Tourism Chambers, Egypt's general revenue from tourism amounted to USD6.6 billion in 1H2024, as the number of tourists arriving to Egypt reached 7 million tourists.The EU Ambassador to Egypt said that it is likely that the disbursement of the financing packages related to the strategic partnership between Egypt and the EU will begin during the fall semester.The government's work program reportedly revealed its intention to allocate the equivalent of 1% of GDP from the proceeds of the government IPO and divestment program to reduce government debt.UAE-based Al Nowais' AMEA Power is looking to up its investments in Egypt and set up 2.5 GW-worth of solar and wind projects, according to a statement. The IMF Executive Board has pushed back the third review of our USD8 billion loan program to 29 July to “finalize some details”.The Minister of Finance confirmed the disbursement of about EGP3 billion by the end of this week in Phase 7 of the immediate cash payment initiative for exporters.We updated our FV for ESRS to EGP120.21/share, up from EGP97.02/share, and maintain our Overweight recommendation. ESRS is currently trading at FY24e P/E of 5.0x and EV/EBITDA of 3.4x. Abu Dhabi-based Electra Investment Holding now holds a 20.0% stake in SWDY.Germany, through its H2Global hydrogen initiative, inked a 20-year, EUR397 million green ammonia offtake agreement with UAE-based renewables player Fertiglobe. Fertiglobe's green hydrogen partnership with ORAS (FV: EGP344.18, OW), Scatec, the Sovereign Fund of Egypt (SFE), and the Egyptian Electricity Transmission Company will provide the green hydrogen needed for Fertiglobe to produce green ammonia at its ammonia plants.TALM reported 9M23/24 results where net profit recorded EGP613 million (+78% YoY).BPE Partners is eyeing two investments worth a combined c. EGP400.0 million in the local market.  BTFH is planning to add 6 new investment funds to its current 17 funds. 

*Key news articles for today*Mostafa Madbouly penciled in the third week of July as when the country will be ready to “stop cutting electricity completely throughout the summer period.” However, Madbouly clarified that the current “one hour” extension will continue as planned until the end of the week and that power cuts will resume after the summer months until the end of year. The surprise week-long extension of additional outages this week came as a result of a gas field in a “neighboring country” being offline for a 12-hour period, Madbouly saidMadbouly laid out a USD1 bn plan to import fuel to power energy plants till the end of the year, in addition to USD180 mn to import 300 tons of mazut next week.Alongside upping supply, the government wants to lessen energy demand by closing all shops and malls — with the exception of supermarkets, restaurants, and pharmacies — by 10pm. Restaurants will be allowed to run until 1am.MPs are set to vote today on a USD47 mn extension to a USD125 mn USAID grant to back rural development.The CBE took accepted bids from 32 banks for EGP1.1 tn in fixed-rate deposits at a rate of 27.75% during its first weekly fixed-rate auction after the Eid Al Adha break.The production of the Zohr gas field rose an average of 1.9 billion cubic feet per day at the present time, compared to 1.8 billion cubic feet on average during the last period.MPs approved an agreement with the Asian Infrastructure Investment Bank to provide a EUR250 million to develop the Abu Qir railway line in Alexandria and turn it into an electric metro.AMOC's BoD approved FY24/25 budget including a CAPEX worth EGP551.8 million. The budget also included revenues of EGP42.0 billion (vs. EGP28.2 billion in FY23/24 budget) and a net profit of EGP660.2 million (vs. EGP603.5 million in previous year budget).ABUK sent a release announcing that due to the heat wave and natural gas shortage. Accordingly, the company's three plants have stopped in order to prevent any damage. Also, SKPC sent a release announcing that there is a total plants shutdown and stoppage of production due to the lack of feed gas. Government sources confirmed that gas supply will be resumed gradually by the end of the current week.EFIH will distribute around 0.249 bonus share for each original share on 11 July 2024. Record date is on Wednesday 10 July 2024. This brings the company's capital to EGP1.15 billion.Banque Misr and the National Bank of Egypt are lowering their FX markup fees to 5% from 10% and raising their FX credit card limits by 50%. Also, EGBE and HDBK are reportedly raising their FX credit card limits.The FRA has given CICH's asset management arm, CI Capital Asset Management, preliminary approval to set up a fund investing in the newly launched sharia-compliant EGX33, with plans to open the doors for investors looking to subscribe to the fund by 3Q 2024.HRHO's ValU has signed a strategic partnership with Alameda Healthcare Group, to provide a range of flexible payment solutions to its customers.Red Sea Ports Authority is studying to build a new multipurpose station in Suez Port, as part of the infrastructure development plan for the logistics and ports sectors.  

*Key news articles for today*The OECD sees that phasing out the country's broad-based energy subsidies to, eventually, reflect global energy prices is a must, adding that fully phasing out subsidies both for electricity and natural gas would help address inefficiencies in electricity use in manufacturing, transport, and logistics, which account for nearly 40% of domestic power demand. Sources at the Ministry of Electricity estimated the arrears of foreign companies operating in the sector at more than USD500 million at 2023-end. Egypt is looking to be re-listed in the JPMorgan Emerging Markets Government Bond Index, following its recent economic reform steps, according to the Minister of Finance. Minister of Trade and Industry, revealed that Egyptian merchandise exports recorded c.USD6.12 billion during the months of January and February 2024, compared to USD5.7 billion during the same period in 2023. On the other hand, trade deficit during December 2023 recorded USD3.03 billion, compared to USD2.57 billion during the same month of the previous year. The volume of transactions in the USD interbank market between Egyptian banks amounted to USD2.569 billion during the first 3 days of the flotation decision. The Holding Company for Construction intends to offer majority shares from Al-Nasr Housing and Development, Al-Maadi Development and Construction, and Misr Reinforced Cement Works companies within the framework of implementing the government offerings plan.COMI has raised the monthly maximum cap on FX transactions abroad to the equivalent of EGP75k-200k depending on account type, up from EGP25k-175k. Egyptians abroad can now also withdraw the equivalent of EGP3.5k-10.5k from ATMs abroad every month, up from EGP2k-6.5k. COMI also increased the monthly ceiling on FX transactions at home to EGP50k for all account types, up from EGP3.5k-12.5k. DOMT (FV: EGP13.42, EW) reported 4Q23 results: •                  Attributable net profit for the quarter recorded EGP100 million (-2.7% YoY, -2% QoQ), which is the weakest throughout the whole of FY23. FY23 attributable net profit recorded EGP454 million (+71% YoY).•                  DOMT BoD proposed cash dividends distribution of EGP0.50/share, implying a payout ratio of 31% and a dividends yield of 3%.•                  DOMT is currently trading at a FY24 P/E of 7.5x.  Norwegian renewables developer Scatec's planned solar plant to power EGAL's Nagaa Hammadi industrial complex will be set up with investments of USD1.1 billion. The solar plant will produce 2-GW worth of green power. The developer will finance the project, conduct the required studies, develop the plant, and install the needed equipment.Chems The Ministry of Petroleum targets injecting investments worth USD535 million in Zohr field during the coming fiscal year. Meanwhile, Petrobel targets investing USD614 million during FY24/25 to increase crude oil and gas production rates to 179k BOE per day.

*Key news articles for today*The General Authority for the Suez Canal Economic Zone (SCZone) is on course to take out a 15-year, EGP30 billion loan from a syndicate of local banks to finance the infrastructure for a number of green hydrogen projects. Part of the loan will be paid in USD to finance imported components.The Asian Infrastructure Investment Bank is considering financing the winning consortium to develop and operate the second container terminal, “Tahya Masr 1,” in Damietta, at a value of USD100 million.The average daily production of the Zohr natural gas field in Egypt declined by about 11% YoY in FY2022/23, according to the CEO of Petrobel, an EGPC subsidiary. He pointed out plans to start production from well No. 20 in the field next October to compensate for the natural decrease and maintain production rates.The Administrative Capital for Urban Development, developer of the New Administrative Capital, plans to sell 5-10% of its shares on the EGX in 1H24.Eagle Hills, the real estate company owned by Mohamed Alabbar, started negotiations with the Sovereign Fund of Egypt to acquire a government-owned real estate company.MASR (FV: EGP5.24, OW) launched its latest project in Taj City called Origami, the first project by Minka since its acquisition by MASR. The project offers residential BUA of 0.4 million sqm.EGTS's court date for the 20.0 million sqm third phase Sahl Hasheesh land plot lawsuit is postponed to 23 December 2023.Three local steel companies, namely Al Gioshy Steel, El Marakby Steel, and El Garhy Steel, are interested in acquiring government-owned Delta Steel Mill Company. Brent, which has risen more than 30% since its March low, came close to surpassing USD95/bbl yesterday. Some crude grades are already trading above USD100/bbl.Misr Fertilizers Production Co- Mopco stated that it did not receive any selling offer from any shareholder. This came as a response to yesterday's news of the government's intention to sell 15% of its stake in Mopco to ADQ. MENA fertilizers firm Fertiglobe — a JV between Adnoc and the Sawiris-owned OCI — signed a non-binding MoU with Abu Dhabi Ports to explore opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE. The partnership also aims to enable Fertiglobe to ship and store green ammonia. EFID (FV: EGP22.80, OW) announced that it signed two medium-term loan agreements with seven-year maturity for Fancy Food acquisition. The first loan amounts to EGP190 million to finance 50% of the acquisition, while the second loan amounts to EGP200 million to finance the investment cost needed for the new subsidiary Edita Frozen for Food Industries (previously Fancy Food).SUGR announced in a release yesterday that it did not receive any stake sale offers, as a response to the news of the government's interest in selling 20-25% of its stake in the company. EFIH's digital cards subsidiary eCards and Dubai-based fintech firm Network International signed an agreement to expand smart banking card services in the Middle East and Africa. Reliance Lifes Sciences, an Indian company, is interested in acquiring a stake in PHAR, but no official offers have been submitted yet.A number of Gulf investors are interested in acquiring a stake in the distressed pharma distributor United Company of Pharmacists (UCP). The company is looking to find new sources of finance to solve a growing financial crisis at the firm caused by the accumulation of large amounts of debt.Mohamed Farid, Chairman of the Board of Directors of the Financial Regulatory Authority, said that the Authority has developed a time plan for insurance companies to implement the international standard IFRS17.

[Correction] The US Federal Reserve is expected this week to take the last step in its tightening cycle by raising interest rates by another 25 bps.  The cabinet denied media reports that have claimed that the production at the Zohr gas field has declined due to technical problems. EGP-denominated bonds' value rose on the Luxembourg Stock Exchange. The cost of insuring Egypt's 5-year sovereign debt (CDS rates) hit 12.76%, while non-deliverable forward contracts for the Pound against the Dollar amounted to about EGP40.70. World Bank data revealed that Egypt has debt repayments worth USD15.3 billion in 3Q2023, out of which USD7.7 billion is for GCC deposits, or renewable.  CBE has notified banks of the cancelation of the 11% subsidized lending tourism initiative, and to stop granting any new funding under the initiative. Work is underway on a new initiative. ORHD (FV: EGP20.38, OW) plans to open its fourth yacht marina in El Gouna in 2023. Tourist yachts will now be able to obtain entry permits to Egypt through the Transport Ministry's digital platform within 30 minutes.RMDA's shareholders approved increasing the company's capital by EGP127.88 million to EGP380 million through issuing 0.507 bonus shares for each original share held. Then, decrease the company's capital by EGP5 million to reach EGP375 million through the cancellation of 20 million treasury shares.ECARU (Egyptian Company for Solid Waste Recycling), Qalaa Holdings (CCAP), and Axens signed a cooperation protocol to carry out technical and economic studies for a project of second-generation biofuel (advanced bioethanol) and Sustainable Aviation Fuel (SAF) production.  One of TAQA's major shareholders transferred 270.5 million shares worth EGP1.6 billion and representing 20% of the company to one of its creditors. Japanese manufacturer Yazaki will begin construction of its EUR 30 mn factory in Fayoum's first free zone after signing land contracts with local authorities. Weekly Commodities |            Last Price        WoW Change, % Brent, USD/bbl            81.1     1.5% Diesel-HSFO Spread, USD/ton          348.0   14.7% Egypt Urea, USD/ton  405.5   7.4% Polyethylene, USD/ton           1,020.0            3.0% Polypropylene, USD/ton         885.0   0.0% Steel/Iron Ore Spreads, USD/ton       367.4   -3.0% LME Aluminum Cash Price, USD/ton 2,164.5            -3.0% Egyptian Retail Cement, EGP/ton      1,710.0            0.0% Steam Coal FOB Newcastle Australia, USD/ton            133.0   1.0% SMP, USD/MT            2,503.0            -0.9%  

Episode 27 titled "What Challenges Do Entrepreneurs Face?", has Zohr Founder, Komal Choong, speak about starting a business. Episode Summary: This episode features a discussion with Komal, a remarkable individual who has made a name for herself as the founder of Zohr, a mobile tire repair company. Through his exceptional entrepreneurial abilities, Komal has achieved great success in the business world. His tireless efforts and innovative approach have propelled Zohr to become a leading provider of on-demand tire services. Listen as Komal explains the process of raising capital, adapting to challenges, and advice for aspiring entrepreneurs. In this episode we discuss: 00:00 - Introducing Komal Choong 00:44 - Entrpenueral Beginnings 04:17 - Working at SpaceX 13:10 - Starting a Business 19:41 - Facing Challenges 27:33 - Pivoting 31:51 - Finding People to Trust 36:30 - Networking 38:41 - Startup Funding 44:40 - Enjoying Being an Entrepreneur 49:52 - Advice For Others 52:26 - Current Challenges 54:28 - Closing Remarks 56:27 - Conclusion and Information Resources: Zohr LinkedIn Komal's Family Other Zohr Podcast

Hosť: Kristína Berkyová - zakladateľka výcvikovej školy HAPPY PAW'S Šteniatka sú radosti aj starosti. V dnešnom podcaste sa s Kristínou budeme rozprávať na tému, ako naučiť šteniatka tej povestnej “základnej hygiene” - čo si pod tým predstaviť? Ako začať? Zohráva úlohu vek šteniatka? A čo robiť, ak nás šteniatko doma prekvapí nie zrovna najvoňavejším “darčekom”? V podcaste Starajme sa vám spolu s hosťami prinesieme zaujímavé témy zo sveta chovateľstva. Na svoje si prídu naozaj všetci, od psíčkarov až po akvaristov. Všetky časti a kopu ďalších informácií o zvieratkách nájdete na https://www.starajmesa.sk/​​​

Digitálni domorodci – označenie, ktoré prischlo poslednej – najmladšej generácii, ktorá si tu žije s nami po roku 2000. V digitálnom prostredí sú na jednej strane ako ryba vo vode – technologicky zruční, multitaskingoví. Na druhej vždy len ľudia – s obmedzenou kapacitou spracovania až neskutočne bohatej ponuky vnemov, s tendenciami považovať virtuálne za skutočné, hru za realitu; až po problém, že čo nie je na obrazovke smartfónu akoby ani nebolo. Čo však môže priniesť následný stret so svetom, ktorý je ohraničený najbežnejšou fyzikou, nevirtuálnymi dôsledkami virtuálnych hier? Pozrieme sa na to s expertkou na takéto presahy online sveta do toho hmatateľného offlineového. A že v ňom môže pomôcť najobyčajnejšie stretnutie s rozprávkou?   Téma pre Viktóriu Norisovú.   „Tým, že sú kompasom a návodom na život, môžu nám ukázať, ako k nemu pristupovať“. Viktória Norisová poukazuje na rolu rozprávok a ich príbehov, ktorú môžu ponúknuť pre aktuálnu dobu až revolučných zmien v oblasti IT technológií. „Rozprávky môžu byť tým, čo nás spája, čo rodičom ponúkne stráviť so svojimi deťmi kvalitný čas“, vysvetľuje.   Poukazuje pritom na skúsenosť spred dvoch storočí z obdobia veľkej priemyselnej revolúcie s príbehmi Charlesa Dickensa. „V novinách vydával na pokračovanie svoje príbehy. Tie sa kupovali, rodiny na ne čakali a stretávali sa pri ich spoločnom čítaní. Bolo to veľmi úspešné“, tvrdí odborníčka na mediálnu gramotnosť.   Nedávny výskum tímu okolo psychológa Juraja Holdoša (KU Ružomberok) prišiel so zaujímavými dátami o spolunažívaní detí a dospievajúcich s online svetom. Dáta z výskumu hovoria, že zo smartfónu sa pre väčšinu detí a dospievajúcich stalo akési centrum existencie. Do online sveta ním vstupuje viac ako 90 percent mladých – a so zvyšujúcim vekom sa ich podiel zvyšuje; a robia to „niekoľkokrát za deň, denne alebo takmer denne“.   V pracovné dni strávia na internete podľa Viktórie Norisovej viac ako štyri hodiny. Počas víkendov to ešte narastá. „Je prirodzené, že čas na sieťach stúpa. Žiaci s internetom pracujú aj v škole, majú na ňom zadania“, vysvetľuje.   Dôležité je však podľa nej aj to, čo na internete robia. „Je dôležitý obsah a rovnako miesto, kde sú na internete. Či sa deti pred rodičmi neskrývajú, alebo či dokážu otvorene hovoriť o tom, čo na internete robia“, dodáva.   Online svet poskytuje na jednej strane nesporné výhody, na druhej predstavuje aj nástrahy. Spomínaný výskum ukázal, že napríklad tretina detí a dospievajúcich zažila šikanu formou „hnusných a nepríjemných správ“. Vážnym zistením je, že veľká časť detí o nej vôbec s nikým nehovorí (29 percent).   61 percent detí a dospievajúcich vo veku medzi jedenástym a sedemnástym rokom uviedlo, že „videlo sexuálne obsahy“ a najčastejšie sa s nimi stretávajú cez internet. Tretina pritom videla tieto obsahy na pornografickej stránke a to minimálne raz za týždeň.   Aké miesto tu má rodič, učiteľ, vychovávateľ? Podľa Norisovej zodpovednosť za deti majú v prvom rade rodičia. „Trávte na internete čas spolu“, odporúča. „A rozprávajte sa o tom, čo deti zažívajú nielen vo svete reálnom, ale aj v tom virtuálnom“, dodáva.   Pomocou môže byť aj spomínané rozprávky. „Zohrávajú dôležitú úlohu pri výchove, lebo obsahujú skryté návody na život od predošlých generácií“, hovorí Norisová. Pripomína, že sú studnicou hodnôt.   „Neexistuje rozprávka, v ktorej by človek získal šťastie vďaka svojmu sebectvu alebo zákernosti. Naozajstné rozprávky učia deti odpúšťať a milovať. Boj proti krutým životným prekážkam a úskaliam neodmysliteľne patrí k životu a ak sa im človek nevyhýba a postaví sa im, prekoná ich a z boja vyjde ako víťaz“, pripomína.   V podcaste sa dozviete aj veľmi konkrétne odpovede na otázky, kedy deťom dovoliť prístup na sociálne siete, aký čas môžu tráviť na internete, aké sú prípadne príznaky jeho nadužívania, či ako viesť dospievajúcich k mediálnej gramotnosti v online priestore.   Podcast pripravil Jaroslav Barborák.

Digitálni domorodci – označenie, ktoré prischlo poslednej – najmladšej generácii, ktorá si tu žije s nami po roku 2000. V digitálnom prostredí sú na jednej strane ako ryba vo vode – technologicky zruční, multitaskingoví. Na druhej vždy len ľudia – s obmedzenou kapacitou spracovania až neskutočne bohatej ponuky vnemov, s tendenciami považovať virtuálne za skutočné, hru za realitu; až po problém, že čo nie je na obrazovke smartfónu akoby ani nebolo. Čo však môže priniesť následný stret so svetom, ktorý je ohraničený najbežnejšou fyzikou, nevirtuálnymi dôsledkami virtuálnych hier? Pozrieme sa na to s expertkou na takéto presahy online sveta do toho hmatateľného offlineového. A že v ňom môže pomôcť najobyčajnejšie stretnutie s rozprávkou?   Téma pre Viktóriu Norisovú.   „Tým, že sú kompasom a návodom na život, môžu nám ukázať, ako k nemu pristupovať“. Viktória Norisová poukazuje na rolu rozprávok a ich príbehov, ktorú môžu ponúknuť pre aktuálnu dobu až revolučných zmien v oblasti IT technológií. „Rozprávky môžu byť tým, čo nás spája, čo rodičom ponúkne stráviť so svojimi deťmi kvalitný čas“, vysvetľuje.   Poukazuje pritom na skúsenosť spred dvoch storočí z obdobia veľkej priemyselnej revolúcie s príbehmi Charlesa Dickensa. „V novinách vydával na pokračovanie svoje príbehy. Tie sa kupovali, rodiny na ne čakali a stretávali sa pri ich spoločnom čítaní. Bolo to veľmi úspešné“, tvrdí odborníčka na mediálnu gramotnosť.   Nedávny výskum tímu okolo psychológa Juraja Holdoša (KU Ružomberok) prišiel so zaujímavými dátami o spolunažívaní detí a dospievajúcich s online svetom. Dáta z výskumu hovoria, že zo smartfónu sa pre väčšinu detí a dospievajúcich stalo akési centrum existencie. Do online sveta ním vstupuje viac ako 90 percent mladých – a so zvyšujúcim vekom sa ich podiel zvyšuje; a robia to „niekoľkokrát za deň, denne alebo takmer denne“.   V pracovné dni strávia na internete podľa Viktórie Norisovej viac ako štyri hodiny. Počas víkendov to ešte narastá. „Je prirodzené, že čas na sieťach stúpa. Žiaci s internetom pracujú aj v škole, majú na ňom zadania“, vysvetľuje.   Dôležité je však podľa nej aj to, čo na internete robia. „Je dôležitý obsah a rovnako miesto, kde sú na internete. Či sa deti pred rodičmi neskrývajú, alebo či dokážu otvorene hovoriť o tom, čo na internete robia“, dodáva.   Online svet poskytuje na jednej strane nesporné výhody, na druhej predstavuje aj nástrahy. Spomínaný výskum ukázal, že napríklad tretina detí a dospievajúcich zažila šikanu formou „hnusných a nepríjemných správ“. Vážnym zistením je, že veľká časť detí o nej vôbec s nikým nehovorí (29 percent).   61 percent detí a dospievajúcich vo veku medzi jedenástym a sedemnástym rokom uviedlo, že „videlo sexuálne obsahy“ a najčastejšie sa s nimi stretávajú cez internet. Tretina pritom videla tieto obsahy na pornografickej stránke a to minimálne raz za týždeň.   Aké miesto tu má rodič, učiteľ, vychovávateľ? Podľa Norisovej zodpovednosť za deti majú v prvom rade rodičia. „Trávte na internete čas spolu“, odporúča. „A rozprávajte sa o tom, čo deti zažívajú nielen vo svete reálnom, ale aj v tom virtuálnom“, dodáva.   Pomocou môže byť aj spomínané rozprávky. „Zohrávajú dôležitú úlohu pri výchove, lebo obsahujú skryté návody na život od predošlých generácií“, hovorí Norisová. Pripomína, že sú studnicou hodnôt.   „Neexistuje rozprávka, v ktorej by človek získal šťastie vďaka svojmu sebectvu alebo zákernosti. Naozajstné rozprávky učia deti odpúšťať a milovať. Boj proti krutým životným prekážkam a úskaliam neodmysliteľne patrí k životu a ak sa im človek nevyhýba a postaví sa im, prekoná ich a z boja vyjde ako víťaz“, pripomína.   V podcaste sa dozviete aj veľmi konkrétne odpovede na otázky, kedy deťom dovoliť prístup na sociálne siete, aký čas môžu tráviť na internete, aké sú prípadne príznaky...

The Non-Deliverable Forward Contracts on the EGP hit 44/USD, Bloomberg reported. Prime Minister met with SFE head and chairwoman to follow up on its efforts to attract investments. The Export Development Fund has sent the proposal for the new program to the export councils for review and comments before final approval.  The initiative to facilitate the import of cars by Egyptians abroad attracted USD500 million since its launch until now. Gas output from Eni's Zohr gas field dropped 11% y-o-y to 2.5 bn cfd in 2022, taking a toll on Egypt's total gas production, which dipped to a 28-month low of 6.1 bn cfd in February, down 7% y-o-y. There are two scenarios for telecom services price increases: 1) NTRA implements a 50% price increase on all services, followed by an annual 10-20% per annum rise (tied to inflation), and 2) A different price increase for each service, depending on each company's revenues, costs, and subscriber structure. NUCA approved a new mechanism for calculating the interest rate on land payments based on calculating the average interest rate on the EGP announced by the CBE during the last three months instead of calculating it on a daily basis.According to JLL, hotel occupancy rate in Cairo reached 74% in the first two months of 2023, up from 62% in the same period last year. EgyptAir is operating three weekly flights from Cairo to New Jersey starting 3 June 2023.FWRY approved increasing the company's issued capital to EGP1.70 billion (distributed over 3.406 billion shares), equivalent to 3% increase of the company's issued shares and allocated to the ESOP. TALM released 1H22/23 attributable net profit of EGP192 mn, a 38% rise YoY, driven by a rise of 28% YoY in revenues (the number of students). CIRA's BoD has approved plans to apply for a new loan to meet debt repayments to the European Bank for Reconstruction and Development (EBRD).The Kuwait Investment Authority said in a tweet that it is not interested in investing in an Egyptian bank that is offered for sale (The United Bank).The Consumer Finance Companies Union is currently working on linking all member companies operating in the sector electronically, with the aim of detecting fraud immediately, in cooperation with “i-Score.”FAIT released standalone positive financial results in 1Q23, where the bottom line recorded EGP2.15 billion (+80.6% y/y). The significant growth is mainly attributable to non-interest income growth (investment income and FX gains).CANA is offering a 3-year fixed CD at a rate of up to 19%, while EGBE has launched a 3-year CD, a fixed certificate at 19%, and a declining-rate certificate that starts at 23%. Interest is paid monthly on both CDs and the minimum deposit is EGP 1,000.ETRS BoD is moving forward with NOSCO's acquisition as follows: 1) Archer's Financial Advisory valuation for ETRS and NOSCO with fair values of EGP2.594 and EGP58.033, respectively, with 1 share of ETRS for every 0.0447 share of NOSCO. 2) Capital increase by EGP68.9 million distributed on 68.9 million shares, bringing total capital to EGP224.9 million.MICH 9M22/23 net profit amounted to EGP435.66 million compared to EGP148.4 million in 9M21/22. MICH is trading at a 22/23 annualized P/E of 7.9x. Weekly Commodities UpdateAluminum Cash Price, USD/ton         2,366.8            4.8%Egypt Urea, USD/ton  340.0   2.3%Copper Cash Price, USD/ton 8,963.0            1.3%Polypropylene, USD/ton         997.5   0.5%Egyptian Retail Cement, EGP/ton      1,890.0            -0.1%Polyethylene, USD/ton           1,090.0            -0.9

Pitch: SKPC | New Gas Formula Improves Margins Substantially; Upgrade FV to EGP22.35. New gas formula announced in October translates into USD5.4/mmbtu of SKPC's feed gas, way lower than what they used to pay for feed before. Thus, margins are expected to increase remarkably during the coming years.Currency devaluation comes at the right time to offset decline in petroleum and petroleum products prices.We forecast SKPC to post net profits of EGP1,731 million, marking a 40% YoY growth in FY23. We expect the company to pay out 60% of FY23 net profit, which translates into EGP1.46/share, or a 9% dividend yield. SKPC is currently trading at FY23e P/E of 6.6x and EV/EBITDA of 4.9x.Urban inflation jumped in Egypt for January to 25.8% YoY and 4.7% MoM, compared to 21.3% YoY and 2.1% MoM in December, due to currency depreciation and food prices. Prime Minister Moustafa Madbouly said that the state will offer shares in 32 companies to strategic investors, offerings on the EGX and a mix of both over the next 13 months. The privatization program will begin during the current quarter and continue through to the end of 1Q24. Offerings include various sectors: Banking and financial services, Oil and petrochemicals, Industrial and manufacturing, a plastic and a pharma producer, Military firms Safi and Watania, Real Estate and Hospitality, Logistics, Construction, and Tech firm MTS.  The government decided to extend the period given to the informal sector for reconciliation for one year starting 6 April 2023. EGX Chairman said that a trading platform for carbon certificates will be launched within six months, at maximum. The Social Fund for Development plans to inject EGP6 billion to finance small, medium and micro enterprises during the current year. The Social Fund for Development plans to inject EGP6 billion to finance small, medium and micro enterprises during the current year, compared to EGP6.8 billion in 2022. SKPC is close to finalize the acquisition of Ethydco and is expected to increase its capital by USD100 million after the acquisition. Belayim Petrobel Company intends to inject USD1.2 billion in Zohr well development during FY23/24.  Oil rose for a third straight day, Brent crude settled up 1.7% to USD85.09/bbl. CICH has executed a securitization bond issue for Aman Financial Services worth EGP 403.4 million, as part of the first 3-year program with a total value of EGP5 billion. EFIH announced signing a contract with The Ministry of Agriculture and Land Reclamation (MALR) to provide services for the development implementation, management, and operational support of an electronic system responsible for monitoring the trade of fertilizers. The Cabinet approved exempting a 5% development fee on imported mobile-phone components to localize the industry. Xiaomi intends to establish a factory in 6th of October City, at an initial investment cost of EGP1.0 billion. The consortium behind the 3-GW Greece-Egypt Interconnector (GREGY) is putting together the final technical and financial surveys ahead of a financial investment decision. The Ministry of Electricity and Energy agreed to amend the value of the financial contract for the global alliance implementing overhead lines in Egypt-Saudi electrical interconnection line, to be worth c. EGP540 million, due to the rise in the exchange rate of the dollar against the Egyptian pound, and the economic repercussions of the Russian-Ukrainian war.

Radi by sme sa s vami podelili o ďalšiu diskusiu zo 6. ročníka konferencie #FinweekBratislava2022 - “Finančná gramotnosť & Ženy v investovaní“. Konferencia sa konala v HubHub Bratislava 20. – 22. septembra. Sme vďační za čas a úsilie, ktoré rečníci venovali tomu, aby sa s nami podelili o svoje myšlienky a skúsenosti, čo bolo veľmi dôležité pre úspech tejto diskusie: ☛ Júlia Čillíková (SK), Executive Director Supervision and Financial Consumer Protection Department, National Bank of Slovakia ☛ Tomáš Barbarič (SK), Head of Product and Sales Support 365.bank ☛ Jana Merunková (CZ), Director and Co-Founder, Yourchance ☛ Terezia Jacová (SK), Co-Founder, LUMUS Investment Collective ☛ Martin Luňáček (CZ), Managing Director, PORTU ☛ Peter Pašek (SK), Managing Director & Partner, Accace Moderátor: Viliam Stankay (SK), RTVS

Hosť: Ing. Veronika Hudáková - kynológ, chovateľka a psíčkarka. Deti a zvieratká? Téma na dlhú debatu. Zohráva úlohu vek, či skôr vedenie rodičmi? Je rozhodnutie starať sa o živého tvora otázka zodpovednosti detí alebo rodičov?  Kedy je ten správny čas? O tom sa dnes porozprávame s Veronikou, skúsenou chovateľkou, ale najmä matkou, ktorá nám poradí, čo treba zvážiť, všímať si a na čo sa pripraviť skôr, ako si zaobstaráme nejaké zvieratko. V podcaste Starajme sa vám spolu s hosťami prinesieme zaujímavé témy zo sveta chovateľstva. Na svoje si prídu naozaj všetci, od psíčkarov až po akvaristov. Všetky časti a kopu ďalších informácií o zvieratkách nájdete na https://www.starajmesa.sk/​​​

Autonomous trucking will soon transform not just our freeways but the entire global supply chain. Still, serious concerns remain about safety, workforce changes, and policy. In this episode of Before IT Happened, our host Donna Loughlin talks with Paula Bejarano, Director of Business Development for Navistar. Paula started as a reliability engineer at the European Space Agency, inspecting mechanical systems in space shuttles. She also worked on oil drilling rigs at Shell, and interned at Tesla while authoring Autonomousity: Autonomous Vehicles and Emerging Business Models. Today, she's merging her engineering and business sense in her leadership role at Navistar, a global company that is working to make trucks, buses, and engines more connected, electric and even autonomous. In this episode, she talks to Donna about her leap from space to the world of business and e-vehicles and explains how big cities could work in the future.  Before any world-changing innovation, there was a moment, an event, a realization that sparked the idea before it happened. This is a podcast about that moment — about that idea. Before IT Happened takes you on a journey with the innovators who imagined — and are still imagining — our future. Join host Donna Loughlin as her guests tell their stories of how they brought their visions to life.  JUMP STRAIGHT INTO: (06:32) - A limitless education - "Not having those differentiations, I think it completely erased from my mind that barrier that, ‘My God, I'm going to be the only girl there.'" (11:33) - From working in Space to building a more sustainable planet - "In terms of sustainability—the long-term impact for the world, for the planet—I had a bit of an epiphany." (14:12) - A third career path at TESLA - "I think overall it opened doors for me and opened my mind to new opportunities." (15:30) - The challenges facing autonomous technology - "I think the ultimate goal of autonomous transportation is to democratize transportation for everyone, to make it accessible in remote areas." (23:52) - The future of autonomous transportation - "On one hand you have to get it out there to validate it and get people comfortable with the technology. On the other hand, people are going to misuse it, and that happens with everything." (27:19) - How Paula views her work - "Nobody's done this before, and we don't know what's going to happen five years from now." (35:51) - How to breakdown stereotypical gender roles in the workforce - "Exposing people to knowledge and giving them that connection to mentors who have accomplished things, I think is super important." EPISODE RESOURCES:  Connect with Paula Bejarano on https://twitter.com/PaulaABejarano?s=20&t=99HoPKrFXWoP15hhf-3guA (Twitter). Read Paula's book: https://www.amazon.com/Autonomousity-Autonomous-Vehicles-Emerging-Business/dp/1641372044 (Autonomousity: Autonomous Vehicles and Emerging Business Models) Learn more about what https://www.navistar.com/our-path-forward/emerging-tech (Navistar) is doing to bring the transportation industry into the future Read: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1658948961&sr=8-1 (The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses) Listen to Before IT Happened's: https://www.beforeithappened.com/podcast-episodes/revamping-a-tired-old-industry-with-zohrs-komal-and-anoop-choong-episode-9 (Revamping a Tired Old Industry with Zohr's Komal and Anoop Choong) Listen to Before IT Happened's: https://www.beforeithappened.com/podcast-episodes/disrupting-the-dmv-through-digital-license-plates-with-neville-boston-episode-18 (Disrupting the DMV through Digital License Plates with Neville Boston) Thank you for listening! Follow https://www.beforeithappened.com/ (Before IT Happened) on https://www.instagram.com/beforeithappenedshow/ (Instagram)...

Ako obsahová stratégia zapadá do UX a čo dokáže obsahový stratég na UX projekte? V skutočnosti by bez obsahu boli naše používateľské skúsenosti bezvýznamnými a zbytočnými artefaktmi. Predstavte si svoju obľúbenú aplikáciu bez obsahu. Nemožné! Vzhľadom na to, aký dôležitý je obsah pre UX, asi už tušíte, prečo sú obsahová stratégia a copywriting neoddeliteľnou súčasťou UX? Do akej miery a ako na to, nám prezradil Martin Krupa - spoluzakladateľ agentúry ui42. Rád odovzdáva svoje know-how. Mohli ste ho už neraz počuť na konferenciách. Od roku 2011 organizuje World Usability Day na Slovensku. Prednáša a vedie bakalárske práce na Fakulte informatiky a informačných technológií STU a Fakulte matematiky, fyziky a informatiky UK v oblastiach UX a e-commerce. Diskusiu moderuje Jana Malaga, špecialistka na obsahový marketing a influencer marketing v boutique content marketing house Content agency. Content marketing od A po Zet sú diskusie so slovenskými odborníkmi z rôznych oblastí, ktorých spája láska k tvorbe obsahu. Poďme na písmeno U ako user experience.

Viete, na čo je zinok vlastne dobrý a prečo by ste ho mali užívať?

The government aims to lower the overall debt-to-GDP ratio to below 90% by June 2022The government revised its forecast for the budget deficit in FY2021/22 to 6.7%, and to less than 6% for FY2022/23Revenues from the Suez Canal increased by about 10% YoY in January 2022, to reach USD544.7 millionSuez Canal announced implementation of the new fees, with an increase by 6% YoYThe government is looking to list “as many state companies as possible” on the EGX in 2022The Suez Canal Authority has established a EGP2 billion investment fund, which will be operational next monthEgypt is considering issuing zero-coupon bonds in the local market between 5 or 10 yearsMinistry of Petroleum is close to adding two new wells in the Zohr field, with investments of USD1.49 billion for the next fiscal yearReplacing bread subsidies with cash handouts could add to inflationary pressures; Cash subsidies will not be implemented unless inflation is stableFinance Ministry is mulling whether to lower the mandatory 0.25% tax on corporate revenues that partially funds the universal healthcare programSolar plants producing more than 500 KW of power will be required to "national grid connection fees" to the Electricity Ministry, at EGP 0.257- 0.329 per KWh,  a move that industry players stand againstAfter FRA had canceled reliance on blank cheques, ECRA submitted two proposals to FRA to enable non-banking financial institutions to secure repayment of debt from delinquent clientsPassenger car sales recorded in December 22,162 cars, higher MoM by 12.3% and YoY by 9.7%; AUTO's market share is 22.2% in December and 21.1% in 2021; AUTO is currently trading at FY22 P/E of 4.0x and EV/EBITDA of 7.0xOLFI obtained the licenses to complete the construction of Obour Farm on an area of 42 acres at an investment cost of EGP225 millionEFIH approved a 4% capital increase, distributed over 71.11 mn shares directed towards the company's ESOP programH2 Industries announced that it is about to establish Egypt's first waste-to-hydrogen plant worth USD 3 bn to produce 300k tons of hydrogen each year Universal Healthcare Act Authority intends to launch a limited tender between healthcare management companies Affirma Capital and StonePine to invest USD20 million to purchase a significant minority stake in the local pharma and nutraceutical player Nerhadou International

Ako si nastaviť vlastnú psychológiu, postoje, presvedčenia či hodnotové systémy tak, aby sa nám darilo vytvoriť si celoživotne udržateľný životný štýl? Stačí nám pevnejšia vôľa či disciplína, u ktorých sa zdá, že ich je vždy nedostatok? Môžu s tým súvisieť aj nevyriešené traumy, závislosti alebo nedostatok lásky? Prečo problematika trvalého schudnutia či budovania excelentnej kondície nie je len o tom, čo jeme a ako sa hýbeme, ale aj o optimálnej psychológii v pozadí nášho vedomia? V tomto podcaste otváram rôzne zaujímavé otázky našej psychológie.

Komal and Anoop Choong are two first-generation American brothers whose family came from Northern India to the United States to open a restaurant chain. Growing up they were always fascinated by the entrepreneurial spirit of their father and when the time came, they decided to combine this work philosophy with their obsession for cars.  In this episode of Before It Happened, our host Donna Loughlin tells us the story of Zohr, a mobile tire service that grew from a minivan into a rising startup with presence in three American cities. Tires are the most important safety component of any moving vehicle, that's why the Choong brothers' business specializes in them. Listen now and learn how these brothers made a successful business out of a side hustle in their garage: Zhor, The Tire Shop That Comes To You! Before any world-changing innovation, there was a moment, an event, a realization that sparked the idea before it happened. This is a podcast about that moment — about that idea. Before IT Happened takes you on a journey with the innovators who imagined — and are still imagining — our future. Join host Donna Loughlin as her guests tell their stories of how they brought their visions to life. JUMP STRAIGHT INTO: (03:26) - The Choong family's entrepreneurial mentality - “We really value honesty, straightforwardness and working hard. I think that goes a long way for our parents and anybody who originates from Northern India because it is very much an agrarian society.” (06:07) - Hot Wheels and magazines: Their childhood love for cars - “From a very small age, the idea of creating things was just always there, that's sort of the reason why I went to engineering school.” (08:09) - From college to building an automotive company - “The minute I got exposure to what corporate America was really like, that was the moment that I decided I needed to start exploring other ways and opportunities of creating and building a company from scratch.” (12:44) - Anoop's journey to figuring out his future - “I felt that there's more experience to be had running a startup and working on it than there is going to school.” (14:57) - Komal's eye-opening car crash and the idea for Zohr - “That was another factor that contributed to us focusing on tires; because it's the most important safety component of any moving vehicle.” (23:17) - The beginning of Zohr - “We had to teach ourselves the ABCs of changing tires, and then to get this business off the ground, we needed to go and change tires and start generating revenue.” (25:35) - How Zohr has been making people's lives better - “From a safety component you're borderline saving someone's life. That's really powerful.” (28:36) - COVID-19, social distancing and offering a contactless service - “We serviced multiple nurses and doctors during the pandemic. It was so rewarding to be at these hospitals servicing these customers that just fundamentally didn't have time.” (33:04) - Growing Zohr into new markets - “We strongly believe that we'll be the number one mobile provider for tire services across the country.” (36:59) - What do you wish you knew before? - “Nothing could have prepared us because you literally have to go out and do it and fail at it countless times to be able to understand the dynamics in the business.” EPISODE RESOURCES: Connect with Anoop through https://www.linkedin.com/in/anoopchoong/ (LinkedIn) Connect with Komal through https://www.linkedin.com/in/komal-choong/ (LinkedIn) and https://twitter.com/komalchoong (Twitter) Learn more about  https://zohr.com/ (Zohr | Mobile Tire Shop) Readhttps://medium.com/greenroom/6-reasons-i-bet-on-a-startup-reimagining-auto-services-45c382fee09b ( 6 Reasons I Bet on a Startup Reimagining Auto Services) Watch Komal's interview with Proactive: https://www.proactiveinvestors.com/companies/news/913465/zohr-looking-to-scale-its--tire-shop-of-the-future--business-913465.html (Zohr looking to scale its 'tire shop of the future'...

Štíhla línia nie je iba o kráse, ale v prvom rade o zdraví. Obezita je epidémiou 21. storočia. Postihuje každý orgán v tele a je príčinou množstva úmrtí, aj u mladých ľudí. Až dve tretiny Slovákov majú nadváhu či obezitu. Akú rolu pri priberaní na váhe zohráva genetika? Dokáže schudnúť každý? Je cukor ako droga? Akým spôsobom obezita zabíja? Dajú sa kalórie spaľovať mozgom pri písaní diplomovky či v práci? S doktorkou Adelou Penesovou sme v podcaste Veda na dosah objasnili napríklad aj to, prečo tehotná žena nemá jesť za dvoch ľudí, ako aj niekoľko ďalších hoaxov spojených s nadváhou a priberaním. MUDr. Adela Penesová, PhD. pôsobí v Biomedicínskom centre Slovenskej akadémie vied (SAV). Je tiež jednou zo zakladajúcich členov a prezidentkou Slovenskej asociácie pre výživu a prevenciu.

Founded by two brothers and inspired by an auto accident—meet Getting your tires replaced, rotated or repaired can be a real hassle. Especially if it’s on the side of the road. The average time spent in a tire shop is a minimum of three hours. Time you never gain back. If you own an electric vehicle, you’re likely to spend even more time there as the increased weight and torque of EV’s results in 30-percent faster tire wear, leading to more frequent tire replacement. Unfortunately, the tire replacement experience has remained unchanged over the decades, leading to consumer demand for a more convenient and affordable alternative. Zohr has answered the call with a mobile tire service that makes tire replacement as easy as pushing a button. With Zohr, consumers simply choose their tires and book an appointment online. Zohr does the rest, coming out to the client’s home or office to deliver and install the new tires. Zohr offers its level of service at the same price as going to a traditional tire shop. Founded by brothers Komal and Anoop Choong, Zohr currently offers its services across Texas, Kansas and Missouri, and will be expanding throughout the US in 2020. https://zohr.com https://twitter.com/getzohr https://www.facebook.com/zohr

Zamysleli ste sa niekedy nad tým, či vzťahové problémy riešia aj zvieratá? Ja áno, a tak som si tentokrát za vás hanblivejších položila nasledujúce otázky: Nájdeme aj medzi zvieracími samičkami „zlatokopky“ a riešia aj ony problém dať, či nedať na prvom rande? A ako sa vysporiadajú s konkurenciou a s otázkou, či byť radšej manželkou chudobného, alebo milenkou bohatého? Majú zvieratá rady romantiku a strácajú pre lásku hlavu? Zohrávajú v ich životoch úlohu sexuálne zručnosti, porno a erotické pomôcky? No a „odhryzne si z koláča“ aj ten, ktorý je "na hony" vzdialený samičiemu idolu?"  PRODUKCIA PODCASTU: ZAPO - zábava v podcastoch https://www.instagram.com/zapoofficial/    ZAPO ti odporúča podcast jauuu, PS: to bolelo https://open.spotify.com/show/12ogF0ecdP8bHEceepnOVl   artwork: https://www.instagram.com/illbara/    

Eni - #NessunDorma, Zohr discovery by Eni

L'Italia è una portaerei al centro del Mediterraneo, una penisola a lungo al centro del mondo e della storia, proprio grazie al fatto di trovarsi nel cuore della civiltà occidentale, e che tuttora potrebbe sfruttare molto meglio la sua posizione geografica. Al contrario, però, l'Italia maledice di trovarsi sul mare, perché dal mare arrivano i migranti, il diverso che non siamo in grado di gestire e di accogliere. In tempi di spending review, di risorse scarse, occuparsi del Mediterraneo e giocare un ruolo da potenza regionale costa, e ciò che costa non va più di moda, perché è percepito come uno spreco. Per capire come mai Roma ha smesso di comportarsi come la principale nazione con interessi del Mediterraneo, nell'undicesimo episodio di Cavour, Francesco Maselli intervista Enzo Amendola, oggi responsabile esteri del Partito democratico e Sottosegretario agli Esteri tra il 2016 e il 2018, e Guido Crosetto, Sottosegretario alla Difesa tra il 2008 e il 2011 ed ex parlamentare.

Catfish and Brett chat with Doug Tabbutt, owner of Switchcars.com, about how you can go from being a square car-loving peg with all your career choices being round holes, to owning a kickin' classic & exotic car dealership. It'll give you hope, plus a resource for some great cars.Plus, Komal Choong, founder & CEO of Zohr.com tells his own story about starting a business in his driveway and growing it into a premiere delivered-and-installed-wherever-you-are tire service.And Brett talks Catfish into sharing his trip to Arkansas to end up NOT buying a 1965 Mercury. Lessons learned as gas is burned. Tune in for road noise you want to hear, in Road Muscle Radio. See acast.com/privacy for privacy and opt-out information.

1. Allarme in America2. Gas israelo-americano in Egitto: qui prodest?15 miliardi di dollari: questa la cifra in ballo di una bozza di accordo pubblicato a febbraio di quest'anno, per l'esportazione di gas israeliano da qui ai prossimi dieci anni a favore di una compagnia egiziana. Protagonisti: da una parte, la israeliana Delek Drilling, che gestisce i giacimenti Tamar e Leviathan - scoperti nel 2009/2010 - assieme alla texana Noble Energy e che controlla l'unico gasdotto fra Israele ed Egitto; dall'altra l'egiziana Dolphinus Holdings. Tel Aviv affretta le trattative. Ma Il Cairo ha una fornitura sufficiente per la domanda interna. Lo confermano gli esperti sia israeliani che egiziani. In più c’è la recente scoperta nel Sinai (con l’apporto dell’ENI; di nuovi giacimenti dopo quello di Zohr del 2015, già funzionante da dicembre dell'anno scorso. Cipro e Libano hanno scoperto giacimenti off-shore. Insomma, Tel Aviv rischia di riempirsi di tonnellate di gas invenduto dopo avere investito 3.75 miliardi di dollari nel progetto Leviathan, oltre ai 200 milioni investiti dagli azionisti nel gasdotto. Al Sisi sembra più interessato per ragioni politiche che economiche. Sul piatto, oltre a quelli commerciali, ci sono delicati equilibri politici e militari. 3. Putin-Trump: la nuova strategia verso i rifugiati sirianiFra gli argomenti toccati da Trump e Putin nella conferenza stampa congiunta dopo il summit di Helsinky, anche la questione dei rifugiati siriani. I due hanno concordato di lavorare assieme per far rientrare in patria milioni di rifugiati che si trovano attualmente in Libano o in Turchia. "Non dovremmo aspettare che si muovano verso destinazioni europee" ha affermato il leader del Cremlino "bisogna creare le condizioni per il loro ritorno". Mosca vuol fare un favore all’Unione Europea mentre decide di mantenere le sanzioni alla Russia. Il successo di Putin nel summit con Trump offre alla Russia la possibilità di mostrare un volto benigno. Il ministro della difesa russo Shoigu aveva accusato Washington, qualche giorno di "non aver speso un centesimo per la popolazione civile siriana".4.Londra vuole conquistare il mercato aereo militareLa Gran Bretagna giura di assumere un ruolo guida nella produzione di cacciabombardieri di sesta generazione, con il nuovo prototipo Tempest. Presentato dal Ministro della Difesa Gavin Williamson alla Fiera Aereonautica internazionale di Farnborough, si caratterizza per due motori gemelli, la capacita' di portare missili ipersonici e di controllare flotte di droni. Alta tecnologia cyber per rilanciare l’industria bellica, lesionata dall’incognita Brexit. Da non trascurare che un anno fa la Gran Bretagna è stata espulsa, da Francia e Germania, dal progetto di costruzione dell'Eurofighter. Tuttavia molte incertezze sono all’orizzonte. Ci vorranno sei anni prima di vedere prove concrete.

1. Allarme in America2. Gas israelo-americano in Egitto: qui prodest?15 miliardi di dollari: questa la cifra in ballo di una bozza di accordo pubblicato a febbraio di quest'anno, per l'esportazione di gas israeliano da qui ai prossimi dieci anni a favore di una compagnia egiziana. Protagonisti: da una parte, la israeliana Delek Drilling, che gestisce i giacimenti Tamar e Leviathan - scoperti nel 2009/2010 - assieme alla texana Noble Energy e che controlla l'unico gasdotto fra Israele ed Egitto; dall'altra l'egiziana Dolphinus Holdings. Tel Aviv affretta le trattative. Ma Il Cairo ha una fornitura sufficiente per la domanda interna. Lo confermano gli esperti sia israeliani che egiziani. In più c’è la recente scoperta nel Sinai (con l’apporto dell’ENI; di nuovi giacimenti dopo quello di Zohr del 2015, già funzionante da dicembre dell'anno scorso. Cipro e Libano hanno scoperto giacimenti off-shore. Insomma, Tel Aviv rischia di riempirsi di tonnellate di gas invenduto dopo avere investito 3.75 miliardi di dollari nel progetto Leviathan, oltre ai 200 milioni investiti dagli azionisti nel gasdotto. Al Sisi sembra più interessato per ragioni politiche che economiche. Sul piatto, oltre a quelli commerciali, ci sono delicati equilibri politici e militari. 3. Putin-Trump: la nuova strategia verso i rifugiati sirianiFra gli argomenti toccati da Trump e Putin nella conferenza stampa congiunta dopo il summit di Helsinky, anche la questione dei rifugiati siriani. I due hanno concordato di lavorare assieme per far rientrare in patria milioni di rifugiati che si trovano attualmente in Libano o in Turchia. "Non dovremmo aspettare che si muovano verso destinazioni europee" ha affermato il leader del Cremlino "bisogna creare le condizioni per il loro ritorno". Mosca vuol fare un favore all’Unione Europea mentre decide di mantenere le sanzioni alla Russia. Il successo di Putin nel summit con Trump offre alla Russia la possibilità di mostrare un volto benigno. Il ministro della difesa russo Shoigu aveva accusato Washington, qualche giorno di "non aver speso un centesimo per la popolazione civile siriana".4.Londra vuole conquistare il mercato aereo militareLa Gran Bretagna giura di assumere un ruolo guida nella produzione di cacciabombardieri di sesta generazione, con il nuovo prototipo Tempest. Presentato dal Ministro della Difesa Gavin Williamson alla Fiera Aereonautica internazionale di Farnborough, si caratterizza per due motori gemelli, la capacita' di portare missili ipersonici e di controllare flotte di droni. Alta tecnologia cyber per rilanciare l’industria bellica, lesionata dall’incognita Brexit. Da non trascurare che un anno fa la Gran Bretagna è stata espulsa, da Francia e Germania, dal progetto di costruzione dell'Eurofighter. Tuttavia molte incertezze sono all’orizzonte. Ci vorranno sei anni prima di vedere prove concrete.

Europe is looking to diversify its Russian dominated gas supply, Israel and Egypt joining forces to compete. Alliances are forming between Egypt and Israel to supply gas to Europe, while German and Russia are forming alliances to dominate gas in Europe. This will bring the two groups in to a collision course that has been predicted in the Bible. 

Europe is looking to diversify its Russian dominated gas supply, Israel and Egypt joining forces to compete. Alliances are forming between Egypt and Israel to supply gas to Europe, while German and Russia are forming alliances to dominate gas in Europe. This will bring the two groups in to a collision course that has been predicted in the Bible.