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Wednesday, 2 May 2018

On the horizon

The contracts for the Russian Industrial Zone (RIZ) should be signed at the end of May, Russia’s Deputy Industry and Trade Minister Georgy Kalamanov said last week. This could happen at the Egyptian-Russian Economic Committee summit, scheduled for the second half of May, during which both countries’ trade and industry ministers are expected to meet. Kalamanov had met with Suez Canal Economic Zone deputy head Abdel Qader Darwish in Cairo on Sunday to begin the final round of talks on the zone. Kalamanov said last week that the contracts would be signed at the end of May.

Uber / Careem appeal this Saturday: The Supreme Administrative Court is scheduled to hear on Saturday, 5 May an appeal by Uber and Careem of a lower court decision that ordered the two companies to suspend operations. The Administrative Court has scheduled a separate hearing for 15 May. The two companies continue to operate under a Court of Urgent Matters ruling that stayed the initial suspension.

LEGISLATION WATCH- The Tenders and Auctions Act will go to a plenary session vote this month, according to House Planning Committee deputy, Yasser Omar. The committee has concluded its review of the bill, which was originally scheduled to be issued last month, he said.

Our friends at AmCham will be holding their fifth annual HR Day on Monday, 7 May. The event will discuss new ways of attracting talent, developing culture, implementing leadership practices and diversity and inclusion, in addition to raising questions on the value of a company’s culture. You can register for the event here.

The Egyptian embassy in London will be hosting a “Made in Egypt” gala on Tuesday, 8 May. The event, which will exhibit the work of Egypt’s designers, is sponsored by our friends at CIB, SODIC, Edita, and EgyptAir as well as Palm Hills, Ramsco, and Mr. and Mrs. Samih Sawiris.

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