Back to the complete issue
Tuesday, 17 July 2018

What we’re tracking this week and beyond

President Abdel Fattah El Sisi will reportedly be visiting Sudan on Thursday to meet with Sudanese President Omar Al Bashir, according to reports in the Sudanese press picked up by Youm7. The two-day long meetings between the presidents will encompass primarily the Grand Ethiopian Renaissance Dam (GERD) and the South Sudan peace process, according to the newspaper.

El Sisi is expected to also attend the Forum on China-Africa Cooperation in Beijing this September, China’s acting ambassador to Egypt Liu Yongfeng told reporters yesterday. El Sisi will meet Chinese President Xi Jinping on the sidelines of the forum to discuss Cairo and Beijing’s plans for cooperation during the upcoming few years.

We’re still waiting on news around the new education program President Abdel Fattah El Sisi is reportedly set to unveil this month. It is unclear whether the program is K-12 or post-secondary.

GEM bidding deadline extended: Investors have until 21 August to bid to open stores at the Grand Egyptian Museum (GEM) after the deadline has been extended, according to GEM supervisor Tarek Tawfik.

Plan your long weekend and bridge: The CBE officially announced banks and the EGX will be off on Monday, 23 July in observance of Revolution Day, according to Al Shorouk. Expect half the nation’s workforce to try to cadge a four-day weekend. We’ll be back in your inboxes Tuesday morning.

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.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.