Back to the complete issue
Sunday, 16 October 2016

What we’re tracking this week

Three stories look set to dominate the domestic agenda this week: The boxed-set of devaluation, subsidy cuts and inflation; what seems like a clash between Egypt and Saudi Arabia; and the ongoing 4G license saga. More on all three in Speed Round.

Also: If you’re a white-goods manufacturer, you’ll want to read-up on yesterday’s decision by nearly 200 countries to ban the use of factory-made hydrofluorocarbon (HFC) gases in refrigerators and air conditioners as part of the global battle against climate change.

Across the pond, Hillary Clinton and Donald Trump square-off in the third and final debate of the 2016 US presidential election. They’re set to clash starting 9pm Eastern on Wednesday, 19 October (that’s 3am CLT on Thursday, 20 October). Same format as the first debate: podiums, six 15-minute segments.

Meanwhile, nerds like us are looking to heavenward for a sign that we may get New MacBook Pros (or is it MacBooks Pro?) soon. Apple moved its earnings call to Tuesday, 25 October because of an undisclosed “scheduling conflict.” It was originally scheduled for Thursday, 27 October, prompting speculation that the long-awaited MacBook Pro with an OLED touchbar replacing the function key row may be announced on the 27th.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.