What we’re tracking this week
Pharos Holding is hosting its “Egypt Banking Day” event on Wednesday, 13 September to highlight developments in the banking sector domestically. The event aims to provide insight on the banking sector through one-on-one meetings, as well as to foster closer relationships and open communications between the banks and investors. Egypt Banking Day will focus on allowing more than 40 fund managers to meet and discuss the growth of and issues surrounding the local market with local bank management teams.
UK to announce new infrastructure investments during trade envoy visit this month: UK trade envoy Sir Jeffrey Donaldson is expected to announce new British investments in infrastructure in Egypt during his visit at the end of the month, Ambassador John Casson said without providing additional detail, according to Al Mal. As usual, Casson added next to nothing on airport and aviation security, noting only that talks are ongoing and “positive.”
It’s iPhone day on Tuesday, 12 September, with a live stream of Apple’s annual fall event due to start at 10am Pacific, 7pm CLT from the Steve Jobs Theatre on Apple’s new campus. You can catch it here.
Central bank governors and other officials from 94 countries have started arriving in Sharm El Sheikh to attend the Alliance for Financial Inclusion’s (AFI) Global Policy Forum, which runs from 13-15 September. Al Masry Al Youm has coverage, and Enterprise will be joining the media horde in Sharm this week, too.
Also this week: The Council of State is expected to begin reviewing the executive regulations to the Investment Act, and Telecom Egypt is, once again, said to be set to launch its mobile telephone network this week.