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Sunday, 10 February 2019

What we’re tracking this week and beyond

The Egypt Petroleum Show gets underway tomorrow at the Egyptian International Exhibition Center. The three-day exhibition includes companies from 13 exhibiting countries.

Egypt will issue USD 1 bn worth of one-year USD-denominated T-bills tomorrow, Reuters reports.

The IMF will present on Tuesday a report titled Financial Inclusion of Small and Medium-Sized Enterprise in the Middle East and Central Asia at a seminar taking place at the American University in Cairo’s Tahrir campus, according to a statement.

The Central Bank’s Monetary Policy Committee will meet to decide on interest rates on Thursday, 14 February.

Suez Canal Authority boss Mohab Mamish will be in Moscow on 17 February to move forward an agreement on a USD 7 bn Russian Industrial Zone, Al Mal reports.

A Russian delegation will visit Sharm El Sheikh and Hurghada airports in the second half of February to run a final security sweep ahead of a decision on whether to allow the resumption of direct flights, AMAY reports.

Antitrust ruling: The Cairo Economic Court is due to deliver a decision on an appeal by pharmadistributors of an antitrust fine on 19 February.

FinMin to present debt control strategy to El Sisi in March: The Finance Ministry will present the final, reviewed version of its comprehensive public debt control strategy to President Abdel Fattah El Sisi in March, Finance Minister Mohamed Maait said.

Execs from 50 Japanese companies will be in Cairo in March to discuss potential investment opportunities, Youm7 reports.

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