Back to the complete issue
Sunday, 24 September 2017

On the horizon

The Planning Ministry will finalize the Unified Planning Act within 10 days, after which it will be up for debate within Cabinet, Al Mal quotes Minister Hala El Said as saying yesterday. The act will regulate the planning of national projects, among other things. Also coming before Cabinet soon: Amendments to the law on conserving architectural heritage, which Housing Minister Mostafa Madbouly said will be ready “within days,” according to Al Mal.

The IMF and World Bank fall meetings take place 9-15 October, so get ready in a couple of weeks’ time for a new World Economic Outlook and lots of prognosticating. Senior officials and a number of private-sector actors from Egypt will be attending. The event webpage is here.

An IMF delegation is expected to visit Egypt at the end of October for a review ahead of the disbursal of the third USD 2 bn tranche of the country’s extended fund facility, which is scheduled for December.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.