Countdown to flour subsidy phase-out: Flour subsidies’ end in August draws near, prompting wheat millers to come up with a case of wishful thinking. They tell Al Borsa that as the Supply Ministry has yet to announce prices, it seems likely that the deadline for the phase-out will be pushed back. However, ministry spokesperson Mamdouh Ramadan says pricing will be announced within the next few days and that the ministry is on track to implement the new system at the beginning of the month as planned. The ministry had announced tentative wheat milling prices last week, which it proposed to the Finance Ministry for approval.

Prime Minister Sherif Ismail will co-chair a meeting tomorrow of the Egyptian-JordanianJoint Higher Committee with his Jordanian counterpart, Hani Al Mulki. The two sides are discussing phosphate, fertilizer, pharma, packaging, software, renewable energy, and services projects, Trade and Industry Minister Tarek Kabil said, according to Al Masry Al Youm. Cairo and Amman are also looking to promote dual-listings on the EGX and Amman Stock Exchange and will cooperate on LED manufacturing and solar power generation, according to a statement from the Investment Ministry.

Foreign Minister Sameh Shoukry is going to prod Sudanese officials to lift their ban onEgyptian imports during his visit to Khartoum at the end of July, a Trade and Industry Ministry official tells Al Mal. Something which won’t make the talks go smoother is word that Egypt’s ambassador to South Sudan reportedly said that Egypt would back efforts to reunite the Sudanese People’s Liberation Movement (SPLM), according to All Africa.

Finnish Foreign Minister Timo Soini is set to visit Cairo in October, Finland’s ambassador to Cairo Laura Kansikas-Debraise tells Al Mal. Finland’s Deputy Minister for Foreign Trade and Development will also pay a visit to Egypt in November, accompanied by a number of company representatives. Finnish companies are interested in investing in water systems and treatment, consultancy, and solar energy, Kansikas-Debraise said.

The Health Ministry is close to concluding price studies on 1,400 meds and will presentits report to parliament next month, according to Al Borsa. A parliamentary source told the newspaper that some 1,320 products should rise in price.

September is but a stone’s throw away — cue the iPhone rumors, with Business Insider discussing whether Apple will launch sales of its tenth iPhone (variously predicted to be named iPhone Pro, iPhone 8 and iPhone X) in September or not.