What we’re tracking this week
Pharos Holdings will be holding a two-day investor conference headlined ‘In Search of Egypt Alpha’ tomorrow and Tuesday. The event, set to be attended by a number of senior government officials, is expected to host around 40 companies from a range of industries, Chairman and CEO Elwy Teymour said in a statement (pdf). The opening day will see panel discussions on the energy and petrochemicals, while the second day will see meetings between fund managers and company reps.
GERD talks kicking off again this week: The ministers of foreign affairs and irrigation, as well intelligence chiefs from Egypt, Sudan, and Ethiopia, are scheduled to meet on Wednesday and Thursday to resume talks over the Grand Ethiopian Renaissance Dam (GERD). Egypt’s Supreme Committee on Nile Water met yesterday to discuss the dam ahead of the scheduled talks, Youm7 reports. This comes as Ethiopia is set to swear in Abiy Ahmed as its new prime minister tomorrow, after Hailemariam Desalegn’s sudden resignation in February postponed dam negotiations. The three countries had reached a gridlock on the dam last year, but agreed in January to continue looking for a solution.
The Game Sports Industry Conference— Egypt’s first-ever platform dedicated to the sports industry — kicks off in Cairo on Wednesday 11 April.