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Monday, 10 April 2017

What we’re tracking this week

The House Economic Committee is expected to vote on the Investment Act by tomorrow at the latest, Rep. Medhat El Sherif said yesterday, telling Al Borsa that the committee is waiting on the government to outline the incentives given to foreign investors before wrapping up its talks and sending the bill to a plenary session vote. Muharram Helal, the number two at the Union of Egyptian Investors’ Association, said he expects the Investment Act to be in effect by the start of the new state fiscal year on 1 July, according to Youm7.

This year’s wheat harvest will run from Saturday, 15 April until 15 July, Supply Minister Ali El Moselhy said on Sunday, Ahram Gate reports.

This coming Sunday and Monday (16 and 17 April) are national holidays in observance of Easter and Sham El Neseem.

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