The CBE should have a new draft of the Central Bank and Banking Act ready in a few weeks’ time, now that it has received notes and suggestions from the Federation of Egyptian Banks (FEB), unnamed officials tell Youm7. The FEB had prepared a report with its reservations on proposed amendments to the act, which had stirred controversy when they first surfaced in July. These included clauses setting term limits for bank managing directors, insisting on CBE representation on bank boards, and suggesting that banks kick in 5% of their bottom lines annually for an industry development fund. The FEB’s report has yet to filter out to the press. The non-entity that is Al Wafd Party, which rejected the amendments, said it was establishing a work group to look into the current draft and suggest its own set of revisions to the central bank. Tarek Amer and bankers nationwide are surely waiting with bated breath.

Apple has confirmed its fall event for Tuesday, 12 September at 7:00pm CLT at the Steve Jobs Theater. Look for new iPhones and a new Apple Watch, among other toys. You can livestream the event here.

Italian ambassador to Egypt Giampaolo Cantini will take up his post in Cairo again on September 14, Foreign Minister Angelino Alfano told the Italian House and Senate Foreign Commissions yesterday, Italian news agency Adnkronos reports. Cantini will resume his position on the same day Egypt’s new ambassador to Rome, Hisham Badr, begins his post. “Egypt is an inalienable partner to Italy and Italy is an indispensable partner for Egypt,” Alfano said.

A delegation headed by the UK trade envoy Sir Jeffrey Donaldson will be visiting Egypt this month, British Ambassador to Egypt John Casson said, according to Al Masry Al Youm. The delegation will include British companies looking to invest in infrastructure, particularly in the Suez Canal Economic Zone, the New Capital, and New Alamein, according to Casson.

It’s an election month in Germany. Voters head to the polls on 24 September. Incumbent Chancellor Angela Merkel came out on top in the only televised debate with center-left Social Democrat challenger Martin Schulz. The New York Times, Guardian and Reuters have coverage.

It’s also monetary policy month: The US Federal Reserve’s FOMC will review policy rates on 19-20 September, while the Central Bank of Egypt’s MPC will follow suit on 28 September.