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Monday, 15 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 told Youm7. The executive regulations for the law governing the SWF should be with Cabinet for review any day now, 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 potential investments, according to a Trade Ministry statement. French President Emmanuel Macron is due to visit Cairo by the beginning of 2019, the statement said.

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