What we’re tracking this week
French business delegation in town this week: A delegation from France’s main business union, MEDEF International, will be visiting Egypt tomorrow and Tuesday. The delegation will be headed by Marc Rennard, head of the union’s digital taskforce and the deputy CEO of Orange Group in charge of customer experience and mobile banking. The delegation will be meeting with the central bank as well as the finance, health, and CIT ministries. They will also meet with private sector players in the payment solutions sphere to discuss cybersecurity, e-government, e-identity, payment dematerialization, and digital transformation.
EGX head Mohamed Farid plans to hold meetings this week with financial industry lobby groups to discuss establishing an industry federation as per amendments to the Capital Markets Act. The meeting will include representatives of the securities division of the Federation of Egyptian Chambers of Commerce as well as the Egyptian Capital Markets Association.