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Thursday, 20 October 2016

What we’re tracking on 20 October, 2016

We weren’t aware this was a “thing” except in the minds of maybe 2.5 journalists, but still: There will be no cabinet shuffle anytime soon, Prime Minister Sherif Ismail stressed yesterday at a meeting with journalists and intellectuals at which economic reforms and the subsidy system were the topics of the day. We have a rundown in Speed Round, below.

We’re not the only ones desperately waiting for the executive regulations of the value-added tax to come out. The situation now sees professional services firms (and, yes, morning tipsheets) withholding invoices until there’s clarity.

Donald Trump and Hillary Clinton clashed for the third and final time last night. Trump pledged to keep the nation “in suspense” over whether he would accept the election outcome if he lost. Clinton called her opponent is a Russian puppet. (Trump’s comeback, before he regained his footing: “No puppet, no puppet. You’re the puppet.” It’s presidential politics as kindergarten squabble.) And Fox News’ Chris Wallace did an amazing job keeping the two of them on track — and trying to keep the debate focused on policy rather than personal attacks. The New York Times has a solid wrap-up if you can’t bear to watch another of these things. Politico’s coverage was thin (and rough) at dispatch time, but will improve as the morning wears on.

Need to watch for yourself? CNN International will rebroadcast the debate at 8am CLT (6am GMT) according to their updated schedule for Thursday morning. Or tap here to watch on Youtube. If the link doesn’t automatically take you there, scrub forward to 29:35 for the start of the festivities.

Charter airlines file to fly Russia-Egypt route: We’re trying not to read too much into this, but a report from Russian news agency TASS takes rather extensive note of the multiple Russia-Egypt routes that four charters have applied to operate. Perhaps more significantly: The charter interest was disclosed in a statement from Russia’s Federal Air Transport Agency. The story, picked up by the reliable site RBTH, notes that two other airlines had applied in September.

The Electricity Ministry will sign offtake agreements with eight solar power firms under the first phase of FiT projects between today and next Thursday, as the deadline for financial closure is on Friday 26 October, Al Borsa reports. The companies have been given 10 days to reach financial close. Electricity Minister Mohamed Shaker met with representatives from five of the eight renewable energy companies (FAS, Wadi Degla, Alf, WEnergy and Infinity) to discuss closing power purchase agreement signing and procedures for financial closure, Al Borsa reported. We have new developments on funding for phase two in the Speed Round.

Qualified FiT phase one companies have another extension on their deadline to decide whether they’re staying with phase one, moving to phase two or withdrawing. Tomorrow’s deadline has been extended to Thursday, 27 October. H/t Donia El-M.

The iPhone 7 goes on sale in Egypt today, according to the company’s Egyptian website. The sticker price is every bit as ugly as we feared: Tradeline (which sent out a message yesterday evening saying it would have the phones available from 11pm last night) has the iPhone 7 at EGP 12,999 to EGP 16,999 depending on your choice of storage, while the dual-camera iPhone 7 Plus is running EGP 15,799 to EGP 19,799. For comparison: The 128 GB iPhone 7 Plus is c. 57% more expensive than was iPhone 6s Plus with the same storage back in March. (In other Apple news, the Cupertino-based company announced yesterday event for Thursday, 27 October at which analysts expect it to announce new Macs. MacRumors and Ars have more, and you’ll be able to watch the event stream here.)

Not an inveterate iSheep like many of us here? We’ve also stuffed reviews of Google’s Pixel phone in our Pocket account to read with coffee over the weekend. It’s just received great reviews from Walt Mossberg and Dieter Bohn, two of the best gadget guys out there. The Verge’s video review is also worth a gander (watch, run time: 6:46).

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