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Tuesday, 27 March 2018

What we’re tracking this week

The Ismail Cabinet will present its draft FY2018-19 budget to President Abdel Fattah El Sisi this week for approval before shipping it to the House of Representatives at the end of the month, Finance Minister Amr El Garhy told Al Masry Al Youm on Saturday.

Pharos Holdings will be holding a two-day investor conference headlined In Search of Egypt Alpha on 2-3 April. The event, set to be attended by a number of senior government officials, is expected to host around 40 companies a range of industries to help explore the long-term prospects for investment in the EGX, Chairman and CEO Elwy Teymour said in a statement (pdf). “In Search for Egypt Alpha Conference aims to support the companies whose stories are not generally visible or known to the market,” said COO Angus Blair. The opening day will see panel discussions on the energy and petrochemicals sectors in light of Egypt’s emergence as an energy hub, while the second day will see meetings between fund managers and corporate representatives.

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.

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