What we’re tracking this week and beyond
The CBE will auction USD 1 bn worth of one-year T-Bills today, and will settle the auction on Tuesday, according to a CBE statement picked up by Reuters.
Arab Contractors will sign on Wednesday the final contracts to build a USD 3 bn hydroelectric dam over Tanzania’s Rufiji River, according to Ittihadiya. Arab Contractors was awarded the project, which will be financed by the Tanzanian government, in a tender in October.
Customs Act amendments will go to the House this week: The House of Representatives will discuss proposed amendments to the Customs Act this week, MP Amr El Gohary told Masrawy. The amendments, which the cabinet has preliminarily approved, would help create an expedited track for customs clearance, a ‘whitelist’ of trusted importers, and broaden the Customs Authority’s powers.
Get briefed on Egypt’s tourism reform program when Tourism Minister Rania Al Mashat speaks at AmCham on 13 December. Members and their guests may register here.