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Thursday, 1 March 2018

On the horizon

MbS in Cairo next week? Saudi Crown Prince Mohammed bin Salman will reportedly visit Egypt on Sunday, 4 March to meet with President Abdel Fattah El Sisi, unidentified sources tell Al Ahram. The two are expected to visit the National Youth Academy in Six October City, sources also tell Al Masry Al Youm, adding that Mbs’ entourage already landed in Cairo this week to prep for his arrival. Be prepared for traffic snarls in Six October on Sunday.

Our friends at EFG Hermes are hosting their 14th annual One on One Conference in Dubai on Monday. The three-day event is the largest investor conference globally focused on frontier and emerging markets and will bring together some 175 companies for discussions on what a year of shifting benchmarks — including oil production cuts and the prospect of US interest rate hikes — mean for emerging frontier markets.

Verdict coming in anti-Uber, Careem lawsuit: The Administrative Court will issue a verdict on 20 March in the case filed by 42 taxi drivers demanding that local operations for ride-hailing services Uber and Careem be shut down.

The 2018 international Sustainable Industrial Areas (SIA) International Conference is taking place in Egypt this year next Tuesday at the Nile Ritz Carlton. This year’s iteration looks at investment promotion, SME development and the creation of meaningful job opportunities as a means to sustainably grow Egypt’s industrial areas. The gathering is being held under the auspices of the Trade and Industry Ministry in partnership between the East Port Said Development Company.

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