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Wednesday, 1 November 2017

What we’re tracking on 01 November 2017

Economic conditions are much better today than in 2010, CBE Governor Tarek Amer said yesterday. Addressing a gathering organized by the Canadian-Egyptian Business Council, Amer spoke about how the impact of the economic reform agenda is beginning to show, especially within the banking sector. Egyptians have dumped bns of greenbacks into the banking system since the float, he said, and economic indicators suggest inflation levels will cool over the coming months, as the government moves towards its target of slashing them by 50% in the next fiscal year. Tourism revenues for the first quarter of FY2017-18 are also expected to come in higher than previous years, Amer added.

McKinsey’s 500 senior partners are gathering in London to choose a new leader for the global consulting powerhouse, a process the Financial Times describes as “Byzantine and secretive” that comes “as the largest and most prestigious of the ‘big three’ management consultancies with 29k staff across 65 countries faces a growing backlash from its role in South Africa’s vast political scandal.”

The iPhone X is a hit with reviewers, many of whom appear to have declared it in mini-reviews to be Apple’s best-ever iPhone. We say “mini” reviews because just about every writer has made clear that s/he has had the gadget for only about 24 hours and will follow up with longer reviews over the coming weeks that take into account battery life and whatnot. Start with Matt Panzarino’s take for TechCrunch — he had it the longest and ran it through its paces in a real-life test at Disneyland with his kids, just as he did three years back to much acclaim. Then head over to BGR for its exhaustive roundup of reviews from around the interwebs or Apple Insider, which lists the handful of non-tech outlets that got early devices to review for their Youtube channels.

It’s the day after Halloween, so we’re late. And one of us is still doggedly sticking to this “get healthy” thing. But this recipe for peanut butter cups looks nothing short of amazing. It’s simple, it has no additives and comes down to the quality of the two ingredients: the chocolate and the peanut butter. Thank you, New York Times, for tempting us.

Happy November, ladies and gents. There are 60 days — or about 1,458 hours — left until the new year. Make ‘em count.

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