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Thursday, 8 September 2016

What we’re tracking on Thursday, 08 September 2016

El Garhy speaking in London today: The 6th EFG Hermes London MENA and Frontier Conference wraps up today at the Emirates Arsenal Stadium in London. Finance Minister Amr El Garhy is due to discuss the government’s reform agenda in the keynote address. The minister will address plans to “restore macroeconomic stability through well-crafted and coordinated fiscal and monetary policies; implement structural reforms in the areas of streamlining the business environment, enhancing export activities, and supporting the industrial sectors; and adopt ambitious, well-targeted social programmes that provide adequate support to the vulnerable and the poor.”

Deputy Finance Minister Ahmed Kouchouk will meet with advisors BNP Paribas, JPMorgan, Citi and Natixis today to determine the size of the upcoming eurobond issuance, the interest rate on the bonds, and the roadshow strategy for the issuance, according to statements by Kouchouk on Sunday.

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