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Monday, 10 December 2018

What we’re tracking on 10 December

It’s all about the money this morning: From multilateral institutions to Big Oil and homegrown VC funds, this morning’s headlines are dominated by announcements of several bn USD in fresh investment and financing. Funds from multilateral institutions are flowing to the private sector and infrastructure, and private sector companies have committed to investing bns of EGP. We have all the details in this morning’s Speed Round, below.

Politics are back in the global story for Egypt as a serial filer of nuisance suits said he and other members of the bar have filed a court case that aims to force the House of Representatives to amend term limits in the constitution and allow President Abdel Fattah El Sisi to run for a third term in 2022. The story, which we noted yesterday, is getting plenty of play in the international press, as we note this morning in Egypt in the News.

And the Competition Authority has fired a populist shot over the bow of Apple, arguing that the iPhone and Mac maker’s ‘authorized reseller’ program violates antitrust law. We have more on that in Speed Round, too.

UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan arrived in Cairo last night to meet with Egyptian officials, Youm7 reports.

Stat of the morning: <5%. Women account for less than 5% of all chief executives in the US, UK and Europe, according to a survey by executive search firm Heidrick & Struggles cited by the FT. An October study from a Goldman Sachs institute put the figure at 6% among S&P 1500 companies in the US.

In miscellany this morning:

The spooks are having a field day with Huawei with echoes of a Cold War spy thriller in the still-unfolding saga, James Kynge writes for the FT.

The 2019 Grammy nominations are outwith Kendrick Lamar’s Black Panther soundtrack and Drake topping the table.

Want to live healthier — and maybe even a bit longer? Lift weights. Don’t take our word for it, though we’ve previously reported that regularly lifting weights can lower anxiety. New research suggests that even a little weight training may reduce the risk of heart attack or stroke regardless of whether you also run, bike, row or engage in other aerobic activity. Even endurance athletes are catching on, as the Wall Street Journal makes clear in its profile of a 71-year-old former financial planner who “got buff” to improve his running times in this week’s What’s Your Workout?

Don’t know where to start with weight training? You could do worse than reading Nerd Fitness’ Strength Training 101 and Seven strength training myths every woman should know.

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