Back to the complete issue
Sunday, 23 April 2017

What we’re tracking this week

Budget debate: The House of Representatives’ Planning and Budget Committee is expected to begin discussing the FY2017-18 state budget mid-week. The House Economics Committee is also expected to wrap up voting on the Investment Act this week.

Pope Francis is set to arrive in Cairo on Friday, 28 April for a two-day visit. Francis will meet with President Abdel Fattah El Sisi, Coptic Orthodox Pope Tawadros II, and will visit Al Azhar to participate in a conference. The full program of the Pope’s visit is available here.

The battle over who gets to pick the heads of the judicial committees may reach its climax this Wednesday. That’s when the House of Representatives is expected to put amendments to the judicial codes up for a vote. This comes despite a the Council of State rejecting the legislation over the weekend for a second time. MPs from the pro-government Support Egypt coalition, the largest in Parliament, tell Al Shorouk that it was more than likely that the law will pass. Other MPs are calling for hearings with members of the judiciary to help temper a political beef which has been growing for the past month.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.