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Monday, 16 April 2018

On the horizon

Egypt calls for fresh round of GERD talks next week: Egypt has invited Sudan and Ethiopia to another round of negotiations over the Grand Ethiopian Renaissance Dam (GERD) in Cairo on 20 April.

The Egyptian-Sudanese Business Council will hold its first meeting on Saturday 21 April. The Council hopes to use cross-border business ties to help smooth over a recovering but strained diplomatic relationship between the two countries. The inaugural meeting of will look at obstacles to trade (we imagine Sudan’s boycott of Egyptian goods being one of them) and projects that will help move trade relations forward.

The seventh edition of the El Gouna International Squash Open will take place on 20-27 April in the Red Sea resort town of El Gouna. “This year’s tournament features a women’s World Series tournament alongside the men’s event for the first time in history,” according to the event’s website. Winners of each tournament will take home up to USD 165k each. Qualifying rounds will take place on 18-19 April at the El Gouna Squash Complex.

A French business delegation is scheduled to visit Cairo on 22 April to look into investment options in the agriculture, infrastructure, oil and gas, and electronic waste recycling sectors, Al Masry Al Youm reports.

Pride Capital to host workshop on financing small merchants next week: Pharos-affiliated Pride Capital, Egypt’s first fintech-focused accelerator, is hosting a workshop titled “Financing Small Merchants” on Monday, 23 April at the Greek Campus. The workshop will feature a discussion with Tamweely Chairman Amr Abu Elazm, former Financial Regulatory Authority Chairman Sherif Samy, and Fawry CEO Ashraf Sabry. Tap or click here to register for a spot in the workshop. You can also check out the workshop’s Facebook page for more information on the event or Pride Capital’s LinkedIn page for more on the accelerator.

French President Emmanuel Macron will also reportedly visit Egypt in early May for talks with President Abdel Fattah El Sisi on bilateral relations and regional issues, according to Foreign Ministry sources.

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