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Tuesday, 12 February 2019

What we’re tracking this week and beyond

The central bank’s Monetary Policy Committee will meet to decide on interest rates on Thursday.

The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between 15-17 February, Al Mal reports.

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

The Egyptian, Sudanese and Ethiopian foreign and irrigation ministers will be in Cairo on 20 February for talks over the Grand Ethiopian Renaissance Dam, Foreign Minister Sameh Shoukry told Extra News.

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 pharma distributors 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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