What we’re tracking this week
Date for El Sisi’s visit to DC set? President Abdel Fattah El Sisi will be visiting Washington D.C. on 3 April to meet US President Donald Trump, according to Reuters, citing an unnamed White House official.
Foreign Minister Sameh Shoukry will be flying to Washington on Wednesday to attend a meeting of the US-led anti-Daeshbag coalition at the invitation of US Secretary of State Rex Tillerson, Al Ahram reports. More than 60 countries are due to attend, the Washington Post reports.
Separately, Shoukry confirmed that Egypt is re-engaging with the Nile Basin initiative with a view to smoothing over past differences, according to AMAY.
Remember what we said yesterday about politics being the order of the day for the coming 2-3 weeks, ladies and gentlemen.
Egypt will be receiving the second USD 1 bn installment of its USD 3 bn loan from the World Bank (WB) “in days,” says Asaad Alam, the country director for Egypt, Yemen, and Djibouti, according to Al Borsa. The WB had disbursed the first tranche of the loan, which was signed in 2015, last October and a bank delegation is due in Cairo in April to review progress on the economic reform program.