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Tuesday, 1 November 2016

What we’re tracking on 01 November, 2016

The Federation of Egyptian Chambers of Commerce will meet today to discuss whether the importers division will back a boycott of the parallel market for FX for two weeks. Members are also being pushed to stop importing for a three-month period. The federation’s retail division will also meet to discuss pumping supplies of basic commodities, especially sugar, into the market, Al Mal reports.

Azerbaijan’s Foreign Minister Elmar Mammadyarov begins a visit to Egypt today. Ahram Online has an interview.

Luxor will host the World Tourism Organization (UNWTO)’s fifth Global Summit on City Tourism: “Cities: Local Culture for Global Travellers,” taking place today and tomorrow, according to a UNWTO press release. The French and Argentinian Tourism Ministers, in Luxor ahead of the summit to attend a meeting of the UNWTO’s executive council, have promised to schedule additional direct flights to Hurghada, Sharm El Sheikh, and Luxor, Ahram Gate notes.

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