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Wednesday, 26 September 2018

What we’re tracking on 26 September 2018

Conference season is really picking up, with three gatherings of note taking place this morning:

  • The E-Commerce Summit in Egypt bills itself as the first gathering of its kind of the emerging industry, which faces the prospect of new regulation during the fall sitting of the House of Representatives;
  • Gearheads will want to make their way to the 2018 Automech Formula car expo, which runs through Sunday at the Cairo International Convention Center;
  • The Egyptian Factoring Association (EFA) will host a workshop on factoring as a tool for financing SMEs at the Nile Ritz-Carlton. (Brochure here in pdf).

(And speaking of factoring, the Financial Regulatory Authority’s guidelines for obtaining leasing and factoring licenses were published in the Official Gazette yesterday, Al Masdar reports.)

At least 40 people have applied to run Egypt’s new sovereign wealth fund, Planning Minister Hala El Said told the local press on Tuesday ahead of tomorrow’s deadline for applications. The post was advertised in the print edition of the Financial Times, among other places. You can see the advert here.

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