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as well as a member of the Advisory Board of Bocconi University School of It was founded in 1952 by Mohammed's father Lofty. Amn Healthcare Layoffs, Man Capital invests in 100m football partnership with Right To Dream. Mohamed Mansour has led Mansour Group, together with his brothers, from one business breakthrough to the next. Prior to General Motors, he worked in the Middle East with Bhawan Automotive Center (Toyota) for six years and was awarded the best sales person globally in 1992. P.C. Loutfy Mansour attended St. John's College, Cambridge. Wyss (left) and his daughter Amy attend a Synthes general shareholders meeting in Switzerland on April 28, 2011. Chairman of the Egypt-U.S. Business Council and was the President of the Mohamed Mansour Net Worth is $11 Million Mini Biography. Last year, watchdog groupAmericans for Public Trust called for a federal investigation into the Hub Project over claims it wasnot officially registered as a political committee and avoided oversight. From 1976 to 1981, he served as the CEO of the Loutfy Mansour Trading Company, the Chevrolet dealer in Egypt and part of General Motors. Sir Jim Ratcliffe, Britain's richest man and a Brexit supporter turned resident of tax-free Monaco, has also been put forward as a bidder, although his spokesman said the reports were unfounded. Commitment and support for the community is a cornerstone of the organizations operations. Since its inception, the company has been a pioneer in the industry, setting the stage for the development of the automotive industry across its countries of operation. Family matters to Loutfy Mansour. In case Mansour acquires Chelsea, he will be the second Egyptian club owner in the Premier League, with the first being Aston Villa co-owner Nassef Sawiris. The Mansours big break came when they set up a General Motors dealership. No, he says. Mansour is another man mentioned as a conceivable proprietor of Abramovich's empire. It's part of our DNA, trying to spend sensibly.'. The night before Mohamed Mansour left Egypt for university in America, his father told him to learn how to understand the Western mentality. Yasseen Mansour is a shareholder in family-owned conglomerate Mansour Group, which was founded by his father Loutfy (d.1976) in 1952. beliefthat people are the key assets for the companys success and future challenges. As Mansour learned on all those summer jobs, the human side is important too. has kept the company on the path of growth despite economic and political Among those who have already expressed interest in Chelsea is Swiss philanthropistHansjorg Wyss, who is tabling a bid with American investorTodd Boehly, the co-owner of the Los Angeles Dodgers and an avowed fan of Premier League football. His net worth has been growing significantly in 2021-2022. In 2020 the Mansour Group was selected An agreement was reached to make Mansour Group the sole licensee to manufacture and distribute Philip Morris tobacco products in Egypt. LoutfyMansour, named after his grandfather, now works in the family company but Mohamed has no plans of standing down: 'My dad didn't retire,' he says. Javed Afridi with Pakistan cricket captainAzhar Ali. The 86-year-old has no record of owning a football club or investing in sport, but has been far from idle in recent years, recently tabling a bid to buy the owner of the Chicago Tribune and New York Daily News. Wife: Not Available: Sibling: Not Available: Children: 5 : Youssef Mansour Net Worth. Watch popular content from the following creators: Louie Mansour(@louiemansour), Luna Mansour(@lunamansour), Nads(@nadia.mansour), Jonny Mansour(@jonny_mansour), Luna Mansour(@lunamansour) . Genlerbirlii He joined Mansour Automotive Company in June, 2014 as Group Chief Operating Officer (COO) and on 1st July, 2021 assumed the role of Group CEO responsible for the groups automotive operations based in Egypt. Mohamed Loutfy Mansour Biography. Swiss billionaire philanthropistHansjorg Wyss. from the Faculty of Engineering, Alexandria University in 1975. Planning Manager. The new firm connected cotton traders in Sudan with international buyers. I wasnt, so I didnt do well and almost flunked out.. Today, it is one of the largest GM distributorships in the world. It wasn't easy and we were learning as we went along, but it helped that we were US-educated and so we understood the mentality of the General Motors and the Caterpillars of this world.. 'Ineos has always tried to take a sensible approach. How has the Suns' new starting group performed? Loutfy Mansour resumed his position as Chairman of the Mansour Group on 28th At Man Capital, we have a history of building longterm relationships with our investee companies, business partners and other stakeholders. Chelsea news, exclusives and. network in Egypt, Iraq, Libya & 13 countries in Sub Sahara Africa. You guys have to take care of yourselves. So that's what we did, he says. He also holds shares in Citigroup and 21st Century Fox, while his holding company invests in tourism, entertainment, retail and real estate - among other interests - but as yet he has not been involved with a sports team. He graduated as a Mechanical Engineer from Thapar Institute of Engineering & Technology, Patiala, Indias premier technical university. In 1968, the President of Sudan engaged Loutfy to upgrade his countrys cotton industry. Web Design : https://iccleveland.org/wp-content/themes/icc/images/empty/thumbnail.jpg. . William Bancroft Hill served on AUCs Board of Trustees for almost 25 years, including 20 years as chairman. Georgetown University and is a member of Harvard Kennedy School Deans Council When the three brothers took over the company, the prevailing thinking from outsiders was that they would make a muddle of everything. 'There was some early exchange but we were a significant way apart on valuations,' Ratcliffe told BBC Five Live. His core belief is that the essence of any successful company is the people, and this is where all his real investments take root: his employees. MAC GROUP ACHIEVED RECORD SALES OF 94,022 UNITS. Bachelors Degree in Engineering from North Carolina State University, USA in They are not spoilt; they are hardworking and down to earth. Al Mansour Automotive partnered with Hero Motocorp, the worlds largest motorcycle manufacturer, to form Mantra Motorbike and enter the Ugandan market. Loutfy Mansour founded Mansour and Sons Cotton Company in Egypt after which it soon exported to USA, the Soviet Union, China and the UK. and can be summarised into six main business divisions: automotive, capital markets, Loutfy Mansour resumed his position as Chairman of the Mansour Group on 28. The NC State class of 2022 will celebrate their academic achievements during the spring commencement ceremony at PNC Arena on Saturday, May 7, at 9 a.m. NC State alumnus Mohamed L. Mansour, an internationally distinguished . Yassen is one of the five children of Loufty and the youngest brother of the . The investment business is firmly about wealth generation, not preservation, and is integrated with the wider group. Part of being an Egyptian is being a close-knit family, he adds. High Elf (Blocked 100% by Albus Dumbledore) Dominant mate is William Arthur Weasley. The group as a whole now has more than 60,000 employees in some 120 countries around the world. The first came not long after he moved to university in America at the tender age of 14. 'Kids these days are fully aware of what's the best and the Premier League is the best. He has been at the helm According to the Telegraph, Egyptian billionaire Loutfy Mansour is among the interested investors as hes currently preparing a bid to buy the club. Empowering best in class management teams is the only way to transform a local player into a diversified conglomerate with multinational exposure. However, the Russians time with the Blues has come to an end just this week as he officially announced that he will be selling the club. He passed away in 1997 and was succeeded by his brothers, sister and three children. His experience includes all aspects of the Commercial side of the business, Corporate strategy, Manufacturing planning, etc. FREEZING ASSETS OF CORRUPT FOREIGN OFFICIALS ACT. the Automotive Group established a clear vision and mission to deliver world He graduated with a BA in Finance in 1996 from the College of William & Mary - a public university founded by British royalty in 1693 - before studying at the London School of Economics and going onto his first job at CitiBank. Loutfy Mansours business character and values of integrity, hard work and confidence inspired him to branch out into a new industry; the Automotive. Loutfy Mansour had four sons, Ismail, Youssef, Mohamed and Yasseen, and a daughter, Rawya. His passion With his son, Loutfy, 37, now running Man Capital, the investment arm of the group, there are no plans for Mr Mansour's retirement. The Mansour Foundation for Development (MFD) was founded to support and development programmes to empower people in Egypt. Ismail Mansour was born in 1944 in Cairo, Egypt. In 2003, he was appointed the companys Regional Financial Should Manchester United Be Pursuing AFC Ajaxs Mohammed Kudus? Mansours wife, Sumaya, said the couple was returning home to the village of Biddu after visiting a clinic in Bir Naballah. Explore the latest videos from hashtags: #lmansour, #mansoury, #mansour It became the second-largest cotton exporter in the world. He resigned from the ministry after a deadly train collision in 2009, deciding to move to London which he looks on as a second home. BusinessmensAssociation. Al Mansour Automotive stays on top of the cars market in Egypt! Mansour Group started as a cotton business founded in 1952 by Loutfy Mansour, one of the first Egyptians to graduate from Cambridge. Galatasaray. Mantrac Group became the sole authorised dealer of Caterpillar products in Liberia. From early 2006 until October 2009 Mansour was appointed as the Minister of Transport, one of the largest service ministries employing up to 280,000 people, and overseeing 23 affiliate authorities in five main sectors: roads and bridges, railways, metro, river transport, and maritime transport and ports. 14. Cairo-born Mansour is chief executive of its investment vehicle, Man Capital, and one of four members of the third generation of the family to work in the group. Now overseen by Mohamed, the family conglomerate employs 60,000 people and is among the largest in Egypt. FC Barcelona are reportedly interested in signing Mohamed Salah so that the Liverpool star can form a 'magic trident' with Robert Lewandowski and Ousmane Dembele. What are the main benefits of having another shot creator and off-ball spacer of Durant's caliber? Dedication to. Mantrac Group became the sole authorised dealer of Caterpillar products in Liberia. He is a former Other moguls to have signed the pledge include Elon Musk, Mark Zuckerberg and Warren Buffett. The Mansour Group is a global, family-owned conglomerate The Mansour Group was founded more than 60 years ago and now has over 60,000 employees, a presence in more than 100 countries and total revenues exceeding $7.5 billion. Mohamed Zelensky tells Putin 'sit down with me, I don't bite, I'm a Sajid Javid 'tells NHS to STOP using energy from Gazprom' 'Full-scale genocide' unfolds in Mariupol where mayor says Rory Tingle, Home Affairs Correspondent For Mailonline, Roman Abramovich confirms he is selling Chelsea donating net proceeds to victims of war in Ukraine, Loutfy Mansour the rising son | Financial Times, Building sanctions case against Abramovich and oligarchs may take months | News | The Times, Do not sell or share my personal information. With all the tenacity and vigour of the talented athlete that he had shown himself to be at his prestigious Victoria College in Alexandria, he vowed to stick it out as long as necessary. Loutfy Mahmoud Mansour is currently the head of Sales & Marketing (VSM) of Mansour Automotive Companys operations in Egypt. Reflects change since 5 pm ET of prior trading day. Al-Waleed bin Talal on a visit to Sri Lanka. "That's when I developed in me that I had to do something in my life," he tells The National. is the Founder and also Chairman of the Mansour Automotive Group, the largest The 36-year-old owns home electronics company Haier Pakistan as well as MG Motors Pakistan. However, the Russian's time with the Blues [] Dominic Cummings swaps Barnard Castle for the blockchain, Empty offices on Mondays and Fridays spell trouble, How to avoid the return of office cliques, The sinister PR push that links cyber criminals to CEOs, How to build a freelance career straight out of college, Dublin Airports Dalton Philips: You really cant communicate too much in a crisis, The billionaire boom: how the super-rich soaked up Covid cash, Hot in the City the FT summer beauty guide. His son, Loutfy, attended Georgetown and heads the group's investment arm. It has also acquired the back catalogues of top music acts ranging from Bruce Springsteen to The Killers. It also operates the Egyptian franchises for a number of firms includingMcDonald's, Chevrolet, Red Bull, UPS and Imperial Brands. He took on a job as a waiter in a pizza restaurant earning $1.25 an hour. Mohamed Mansour is the Founder and Chairman of Man Capital. Her father is the Vice Loutfy Mansour is currently Non-Executive Director at Palm Hills Developments. The up-gunned, tracked MT-LBs are further evidence of the Kremlins worsening equipment crisis as it struggles to make good its losses in Ukraine. officially announced that he will be selling the club, Salah: New players need time to adapt to Liverpool system, Kendouci opens scoring account as Al Ahly cruise past Coton Sport, TENNIS: Mayar Sherif exits Monterrey Open in quarter-finals, Ipswich goalkeeper Christian Walton praises great leader Sam Morsy, Mohamed Salah, Rui Vitorias FIFA The Best award votes revealed, Mohamed Salahs FIFA Best Mens Player ranking revealed, Nassef Sawiris to purchase 46 percent of Vitria SC, OFFICIAL: Saudi Arabia to host 2023 FIFA Club World Cup, CAF choose Angolan referee to officiate Al Ahly vs Al-Merrikh clash, Osama Nabih proud of his players after Zamalek last-minute victory over Future, Former Al Ahlys Adel Abdel-Rahman: Mamelodi Sundowns are a good team but not intimidating, Koller rues missed chances, defends Hany after Sundowns draw, Omar Marmoush to join Eintracht Frankfurt on free transfer Report. Cutting a svelte figure, he does distance running and triathlons to keep himself in shape. He told Bloomberg in 2019: 'One of the great things the Premier League has is that it's on a Saturday morning in America. In the early 1970s, Loutfy opened an office in Geneva, Switzerland, from which he expanded his cotton brokerage business internationally while continuing to develop Sudanese exports. Sir Jim went on to work as a trainee accountant at a pharmaceuticals company before moving to Esso then Courtaulds. Mansour Group is the exclusive distributor of GM vehicles and Caterpillar equipment in Egypt and several other countries. Were divorcing has my husband got hidden bitcoins? In 2010, he was appointed BoD Appointed Peugeot exclusive distributor for Egypt MANSCO Automotive. Accounting Certificate from the American University in Cairo. Mansour is a committed philanthropist in Egypt and internationally. Mansour This partnership was further cemented in 2001 when Mansour was appointed an exclusive GM distributor - a turning point in the history of the company. Availability. Mr. Loutfy Mansour is CEO of Man Capital LLP, the Mansour family's London-based investment arm founded to expand the group's global presence by investing in new markets and verticals. The government totally confiscated the Mansour Familys businesses and their assets sequestrated. Mansour Group is taking major steps towards creating social evolutions that go hand in hand with the ministry's visions for the future of education in Egypt. Tom Vernon, who continues in his role as CEO of Right To Dream Group, said: For 20 years Right To Dream has been using football as a vehicle for In the seventh episode of The Mansour Voice, Mr. Mohamed Mansour, Founder and Chairman of Man Capital, is joined by Mr Loutfy Mansour, the CEO of Man Capital, and Mr Tom Vernon, the CEO of Right to Dream, for a discussion of the foundational values that unite their organisations.Man Capital recently unveiled Under the regime of Hosni Mubarak, Mohamed Mansour was Egypts Minister of Transportation. Man Capital co-founded 1984 Ventures, a California-based venture capital fund targeting early-stage investments in high-growth technology businesses, and is an anchor investor in the firms inaugural fund. The outlook is global. Alvin Mansour leads a team of highly qualified professionals specializing in net-leased investment sales, sale-leaseback transactions, and portfolio dispositions nationwide. And the younger generation is amazing, too.. Embark Advance Charges, SOR /2011-78. Adel Khadr graduated with a BSC Mechanical Production Engineering Yassen is the fourth son in the Mansour Family. After a four-year battle, hes back as one of Africas richest, and at peace with the world. Mohamed Mansour took over Mansour Group, which was founded by his father Loutfy Mansour. In the Book of Chronicles, two of her descendants are mentioned: Shebuel, son of Gershom, and Rehabiah, son of He was educated internationally and in 1933 was awarded a BA at St. Johns College, Cambridge. Boehly's philanthropic activities include serving on the board of New York-based charity Faces - Finding a Cure for Epilepsy and Seizures - and Brunswick School, a private school in Connecticut. Huarongs woes are a warning to lazy investors. After two games, Kevin Durant looks to be extremely comfortable in the Phoenix Suns' offense. The Swiss billionaire - who is preparing a joint bid with Boehly - is considered one of the world's most generous philanthropists after amassing a fortune selling medical devices. My father always told me: Mohamed, youre a very special young man because of the strength you showed when everybody was saying that we have to amputate the leg. He has also been the most open about his interest in the club, telling Swiss newspaperBlick:'Abramovich is looking to sell off his mansion in England, he also wants to get out of Chelsea quickly. Egyptians will still need cars, services and so on, he says. Throughout its decades of operation, the company has always prioritized the continuous development of its workforce and infrastructure. Registration 2011-03-23. Mansour established General Motors dealerships in Egypt in 1975, later becoming one of GMs biggest distributors worldwide. He is a former Boehly, who bought a 27% stake in the LA Lakers last year, has spoken of his admiration for the Premier League. The school now has a facility called the Boehly Family Wrestling Room named in his honour. He is married and has two children ( Lotfy Mohamed Mansour, and Mohamed Mansour) Mansour Group The group is one of the largest companies in Egypt. The Russian, who denies allegations of being close to Vladimir Putin, last night announced he would donate all net proceeds from the sale to victims of the war in Ukraine, while confirming he would not ask for a 1.5billions loan he made to the club to be repaid. Since Mansour is also a season ticket holder at Stamford Bridge, and he's already involved in sports as he acquired Right To Dream last year. Not at all, Mansour replies. Roman Abramovich last night announced he would donate all net proceeds from the sale to victims of the war in Ukraine, while confirming he would not ask for a 1.5billions loan he made to the club to be repaid. In addition to his wife, he is survived by his daughter Monda Shehata and her husband Hani Sawiris, 2 brothers Milad Mansour Shehata, Fakhry Mansour Shehata, and a sister Wedad Mansour Shehata. Despite the multitude of changes and challenges, Mansour Automotive has consistently found success and stability through its process-oriented and knowledge-based approach. But withAbramovich demanding 3bn for the club, it is unclear whether any of the bidders could muster the financial firepower needed for the deal. Peter Tanous Chairman, Lynx . Sir Jim, who bought French club Nicefor 91m in 2019,has previously been linked to both Chelsea and Manchester United, but has never gone ahead with buying a Premier League club because he considers them too expensive. Mohamed Loutfy Mansour Biography Mohamed Mansour has led Mansour Group, together with his brothers, from one business breakthrough to the next. Mansour Group also has exclusive distribution rights for Caterpillar equipment in Egypt and seven other African countries. Master of Business Administration, Auburn University; Bachelor of Science, North Carolina State University. Mohamed Mansour, centre, during what he describes as his difficult but rewarding tenure as Egyptian transport minister, pictured above greeting US vice-president Dick Cheney, right,upon his arrival inCairo. Sector : Diversified. But Mr Mansours monthly allowance of $200 stopped overnight with the nationalisation. After Cambridge, he returned to Egypt, held various government positions, including Under-Secretary for The Ministry of Agriculture, specialising in the . for excellence and strong business drive across all facets of the business has Yassin Ibrahim Lotfy Mansour. His daughter, Amy, is also a billionaire after receiving a portion of the proceeds from the sale ofSynthes. As Mohamed Mansour proudly takes up his new role as senior treasurer to the Conservative Party, we revisit our interview in which the Egyptian-born billionaire credits much of his success to lessons learned during convalescence aged 10. What did you find interesting? Egyptian businessman Loutfy Mansour has ruled himself out of the running to replace Roman Abramovich as Chelsea's owner, denying rumours of potential takeover bid. He admits missing both beloved parents to this day. The doctors had wanted to amputate his leg, but the headstrong boy refused. "I get one every Father's day and birthday, and things. He Egyptian-owned company, Man Capital LLP, has become the majority shareholder in the Right to Dream Academy following a significant investment in the Ghanaian outfit, a joint statement from the two parties has revealed. Mohamed Mansour (born January 1948) [1] is an Egyptian billionaire businessman and former politician. multinationals in Egypt and the Gulf region for eight years. Beta V.1.0 - Powered by automated translation, If you get burnt from the soup, you blow on the yoghurt, When things get tough we work, work, work to maintain the family name, Leap of faith: Asma Elbadawi shows that Muslim women can jump, Shifting identity: Omar Al Qattan on making movies and promoting Arab culture, Something in the water: the compelling tale of London's oldest Arabic bookstore. consumer and retail, industrial equipment, logistics and services. In 2008, he donated 93.9m ($125m) to Harvard University, in what was then the largest donation in its history. class sales & service experience and thereby building a strong equity for Mansour Automotive is an active civic player, supporting the provision of medical equipment for hospitals on an ongoing basis and actively involved in other several high impact education and healthcare initiatives. He was born on January 23, 1948. resulted in Mansour Chevrolet being the market leader in Egypt since its The Mansours own Mansour Group, a . MAC EGYPT ACHIEVED RECORD OPEL SALES 4,955 UNITS. I mean, the kids were more like Einstein; very serious, what you call nerdy types today. Mohamed Mansour founded the Lead Foundation, which has provided over 2.5 million loans to small businesses and underprivileged women in Egypt. After a rapid rise through the world of finance, he helped set up Eldridge Industries in 2015. www.ft.com. I have to wait 4-5 days now. He is the fourth son of the late business tycoon, Loutfy Mansour, who established Mansour Group, a multinational conglomerate that has total revenues of over $7 billion. Mansour is also a season ticket holder at Stamford Bridge, and hes already involved in sports as he acquired Right To Dream last year. The fortune that Loutfy Mansour amassed as a textiles trader was lost in 1963 when the business was nationalised by the Egyptian government. loutfy mansour 1.5M viewsDiscover short videos related to loutfy mansour on TikTok. demonware jobs vancouver; loutfy mansour wife; loutfy mansour wife Courtesy MansourGroup. IMPORTED 14,000 ISUZU VEHICLES RECORD YEAR. He has a daughter with his second wife Alicia. His brothers Mohamed and Youssef are also billionaires and part owners of Mansour Group. loutfy mansour wifewilliam paterson university application fee waiver. . The Egyptian cotton trading company was founded in 1952 and run by Mansour Snr. Then he was named as chairman and CEO of Mantrac until. Your email address will not be published. We are an independent entity wholly owned by the Mansour family which provides us with the flexibility and ability to move quickly while benefitting from the stability of a high quality and committed sponsor. Controller for six years until becoming CFO. Loutfy Mansour returned to Egypt and founded Mansour Automotive Company which became the dealer for GM in Egypt. GM were talking to banks about possible partners, and they said there were these three American-educated brothers in Alexandria, Mansour told the FT in his first ever interview. Mansour established. Mansour, who has a Chelsea season ticket, had appeared to be in the frame to purchase the west. APPOINTED DISTRIBUTOR FOR GHANA & UGANDA. The Mansours also hold the Caterpillar dealership for Egypt and six other African countries; manufacture and distribute Imperial Tobacco products; own Egypts McDonalds franchise; and run several retail chains among other things. During its first year of operation, Mansour Automotive partnered with GM, becoming the largest automotive dealer in the country five years later. The night before he was due to leave Egypt, he was feeling anxious. Save my name, email, and website in this browser for the next time I comment. Deepening an already extensive and long-term partnership, General Motors acquired a stake in Al-Mansour Automotive. He also chairs Unatrac, the He is married and Mansour Automotive philosophy of building a strong relationship with all its stakeholders - customers, principals, employees, and community - empowers the organization to remain true to its promise . [2] Early life [ edit] Mohamed Mansour was born into one of the most prominent business families in Alexandria. If you dont think its your job to think about security for your company, you are leaving your company exposed to risk. Mansour Group, an Egyptian who is CEO of a London-based investment fund. Among the many programmes that he has created over many years . Deepening an already extensive and long-term partnership, General Motors acquired a stake in Al-Mansour Automotive. Now I really love it. With over 60 years of experience, we have developed a global presence across a diverse range of industries. Market high quality products backed by superior after sales support to achieve market leadership. They are athletic, they are serious, not the Ferrari, Lamborghini types. USA in 1971. I asked him what I should learn. Mansour Group began as a cotton business founded in 1952 by Mansour's grandfather, also called Loutfy - who was one of the first Egyptians to graduate from Cambridge. Boehly is chairman and CEO of Eldridge Industries, a private investment firm with stakes in businesses including Le Pain Quotidien, Cirque du Soleil and grocery delivery firm Go Puff. He was also a key member of the Mansour Automotive task force team designated to secure the bid for the PSA business. Its like you are sitting in the house but at least you have the open space in front of you, he says. Biography and booking information for Mohamed Loutfy Mansour, Chairman, Mansour Group Egypt. By Rory Tingle, Home Affairs Correspondent For Mailonline, Published: 12:29 GMT, 3 March 2022 | Updated: 16:45 GMT, 4 March 2022. CourtesyMansourGroup. Charity Auctions Today, His net worth has been reported as between 12 and 14bn. The partnerships first major project is to build a Right To Dream academy for boys and girls in Egypt. This has resulted in a strong organization and management team Bank Egypt and a former member of the Who is Mohamed Mansour? American Chamber of Commerce in Egypt, as well as the Secretary General of the

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