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Monday, 14 August 2017

What we’re tracking this week

The central bank’s monetary policy committee meets on Thursday to decide on interest rates. Pharos Holding expects the central bank to keep rates on hold and believes it is “too early to start monetary easing in August.” Tap here to read the full research note (pdf).

The Ismail cabinet is expected to approve executive regulations to the Investment Act when it meets on Wednesday, according to statements from Trade and Industry Minister Tarek Kabil.

Word on the street is that the Antiquities Ministry plans to add its own projects to the c. 600 already on the government’s Investment Map, of which we have yet to hear an update. The map was expected to go to the House Economics Committee last week.

Will the never-ending foot dragging that is the rollout of 4G actually take place this week? Sources from the National Telecommunications Regulatory Authority appear to think so. We’re not holding our breath.

Suez Canal Economic Zone boss Mohab Mamish will announce unified port fees next Tuesday. Mamish and Transport Minister Hisham Arafat had agreed on the unification of the fees last month to reduce competition between domestic ports.

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