What we’re tracking this week
It’s a four-day workweek: The EGX and public sector are taking the day off this Thursday in observance of the Prophet Muhammad’s birthday, which formally falls on Friday 1 December. The central bank has yet to weigh in on whether banks will be taking the day off, but the if the EGX is closed… Enterprise will be taking the day off and will return on Sunday, 3 December.
Another Daba’a roadblock falling this week? House Speaker Ali Abdel Aal called for an ‘emergency’ plenary session of the House tomorrow to discuss amendments to laws regulating the nation’s nuclear power industry. The announcement came after the House Energy and Environment Committee approved yesterday amendments to the law governing the Nuclear Power Plant Authority (NPPA) that would give the authority full oversight and regulatory power over the sector, Ahram Gate reports.
The French-Egyptian Sustainable City Week continues this week until 28 November. French Ambassador Stéphane Romatet, former Prime Minister Ibrahim Mahlab, and Electricity Minister Mohamed Shaker are expected in attendance along with a number of CEOs of French and Egyptian companies.