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Tuesday, 27 September 2016

What we’re tracking on 27 September 2016

Announcement on Russian flights today? Russian Transport Minister Maxim Sokolov and Civil Aviation Minister Sherif Fathy are expected to announce the progress on talks to restore direct flights from Russia at a joint press conference today at noon, Al Borsa reports. We have more in Speed Round.

The Finance Ministry will meet today with advisors on its USD 3 bn eurobond issuance, including BNP Paribas, JPMorgan, Citi and Natixis, government sources tell Al Borsa. Finance Minister Amr El Garhy had previously told the newspaper that while they had not yet settled on a date for the sale, it is likely to take place in October.

Tervetuloa: A delegation of 40 investors from Finland, led by Foreign Trade Minister Kai Mykkanen, arrives today for a meeting of the Egyptian-Finnish business forum, Al Mal reported. The forum will discuss relations targeting trade blocs in Africa and Arab countries, in addition to EU projects, infrastructure, management and administration, and the Suez Canal Axis, Al Masry Al Youm reported.

Tourism minister to talk with industry: Tourism Minister Yehia Rashed will headline an event on Egypt’s “tourism crisis” hosted by the Canada Egypt Business Council and the Egyptian Council for Sustainable Development today at the Four Seasons Nile Plaza Hotel at 5:00 pm.

Hillary Clinton and Donald Trump faced-off overnight. We have more in a Spotlight, after Speed Round, below.

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