The central bank is selling USD 1 bn worth of one-year, USD-denominated treasury bills today. The bills’ settlement date is 9 May and they mature on 8 May, 2018.

The House Budget Committee is due to start discussing today the state’s 2017-18 budget. Separately, Al Borsa reports that Finance Minister Amr El Garhy and Planning Minister Hala El Said have been asked to stop by the House Economics Committee for budget-related talks.

Whose turn is it today? The IMF delegation visiting to review progress on our economic reform program as a condition to disbursing the next tranche of its USD 12 bn bailout package met yesterday with Social Solidarity Minister Ghada Wali and Planning Minister Hala El Said. The delegation is expected to be in town through week’s end.

President Abdel Fattah El Sisi continues his GCC tour today. The president will wrap a two-day visit to Kuwait before heading to Bahrain. Talks on security, the war against terror, investment and trade top his agenda. We have the rundown in Diplomacy + Foreign Trade, below.

If you’re not a Eurosceptic, you may now breathe a sigh of relief: Emmanuel Macron has decisively won the French presidency, sending right-wing challenger Marine Le Pen down in flames. President Abdel Fattah El Sisi congratulated Macron on the victory, saying he looks forward to working with Macron to strengthen bilateral ties, Al Mal reports. The New York Times and the Guardian have decent coverage in English. Macron has pledged to “heal France’s divisions,” Bloomberg reports, while CNBC notes that although global markets will breathe a sigh of relief when they open today, his victory is now largely priced into the euro. Meanwhile, everyone from CNN to the UK tabloids is going nuts over the notion that Macron’s wife, Brigitte Trogneux, is his former drama teacher (and 20-some years older than he is). Trogneux will reportedly work in Macron’s administration without charge, focusing on education reform.

We’ve been spending a fair bit of time lately looking at what’s next for Enterprise and ourparent company. What macro trend will put the wind to our backs in the medium- and long-term? What’s our next product? What service do we add to our lineup? If you’re struggling with similar questions, check out “Buffett Confronts Search for Next Big Thing After Missed Chances,” wherein Warren Buffett — the so-called Oracle of Omaha — laments not having bought Google and says that it is “no fun” watching his cash hoard grow while waiting for the next investment opportunity to come down the pike.

Oh, and if you want to take a swipe at that hedgie pal of yours: Buffet also continued his roasting of the hedge fund industry at yesterday’s annual meeting of his Berkshire Hathaway. Or as Bloomberg headlines it: “Buffett Says Money Spent on Plumbers Better Than on Hedge Funds.”