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Sunday, 13 August 2017

What we’re tracking this week

President Abdel Fattah El Sisi kicks off an Africa tour starting Monday, according to Al Masry Al Youm. El Sisi will stop in Tanzania, Rwanda, Gabon, and Chad. Trade and Industry Minister Tarek Kabil put out a statement ahead of the trip saying exports to African countries in 2016 were worth USD 3.4 bn. Egypt also recently opened new trade representation in five African countries and a logistical center in Kenya, the statement adds.

Central bank governor Tarek Amer headed to the United States on Saturday as part of a foreign tour, says Ahram Gate.

The Ismail cabinet is expected to sign off on the executive regulations to the Investment Act when it meets on Wednesday. On a thematically related note: Also look for the Trade ministry’s thoughts on some 4,000 opportunities for investment nationwide, due to be released sometime in September, Al Masry Al Youm, citing unnamed ministry officials.

The Supreme Judicial Council should be nominating its picks for the National Elections Commission sometime this week.

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