Back to the complete issue
Sunday, 14 October 2018

What we’re tracking this week and beyond

President Abdel Fattah El Sisi will meet with Russian President Vladimir Putin on Wednesday during a state visit to Moscow, according to an announcement from the Kremlin. The two will touch on Egypt-Russia relations, current global affairs, military cooperation, and sign a number of agreements following their meeting.

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.

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.

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.

A delegation of French pharmaceutical and medical equipment companies is set to visit Egypt in November to explore opportunities, according to a Trade and Industry Ministry statement. French President Emmanuel Macron is due to visit Cairo by the beginning of 2019, the statement said.

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.