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Thursday, 11 October 2018

What we’re tracking this week and beyond

Egypt will reportedly select a manager for its new sovereign wealth fund “within days,” Planning Ministry sources tell Youm7. The executive regulations for the law governing the SWF should be with Cabinet for review by mid-October, our sources had told us.

Sphinx International Airport in Giza is slated for inauguration “in the coming weeks,” according to Youm7. Flights had initially been expected to begin landing at the new airport by the summer of 2018.

An IMF delegation is due in town mid-October for a review of Egypt’s progress on its reform program ahead of the disbursal of the fifth USD 2 bn tranche of the country’s extended fund facility.

President Abdel Fattah El Sisi is in Moscow next Wednesday, 17 October. Military cooperation is high on the agenda, Russia’s deputy foreign minister told TASS on Friday.

The House will convene for its first general assembly of the new session on 21 October.

The 2018 Narrative PR Summit will take place at the Four Seasons Nile Plaza on Sunday, 28 October.

Egypt, Tunisia, and Algeria will hold a meeting in Cairo later this month to discuss efforts to end the civil war in Libya, Xinhua reports. The meeting is part of “periodic consultations” to support Libya, with the last held in Algeria in May.

An Egyptian-Sudanese presidential summit is set to take place in Khartoum. The gathering has yet to be officially confirmed.

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