Finance Minister Amr El Garhy phoned in to Lamees El Hadidy’s Hona Al Assema to recap President Abdel Fattah El Sisi’s meeting with a group of tier-one regional and global fund managers yesterday, which he said reflects “their confidence in the economic reform measures.” The fund managers are in Cairo at the invitation of EFG Hermes for meetings with senior government officials and a number of top Egyptian companies.

(Some 27 regional and international funds met with the president yesterday, a separate statement from the Ministry of International Cooperation said yesterday. The investors’ sit-down with El Sisi was also attended by the ministers of finance, trade and industry, investment, petroleum and international cooperation. Ahram Online has coverage.)

El Garhy also said the roadshow to promote treasury bonds will kick off on 16 or 17 January, beginning with Gulf countries and moving on to the US and Europe. The minister also told El Hadidy that the external debt, which has reached USD 60.2 bn, remains within “safe levels” (watch, runtime 6:18).

No cabinet shuffle is in the offing ahead of the government’s scheduled review meeting with the International Monetary Fund in March, MBC’s Sherif Amer says, citing unnamed sources with knowledge of the matter.

President Abdel Fattah El Sisi used ONTV’s Amr Adib as a platform to tackle the ongoing war against terror in parts of Sinai, saying, “We know this terrorism would come with financial cost and also human cost, as we’re losing people and souls” and that “Egypt is fighting terrorism alone.” El Sisi talked about the financial cost of the war on terrorism in Sinai, and delved into the security forces’ anti-terrorism efforts and operations (watch, runtime 19:40).