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Monday, 4 March 2019

What we’re tracking this week and beyond

EBRD to present report on new labor market trends: European Bank for Reconstruction and Development Managing Director for the Southern and Eastern Mediterranean Janet Heckman will chair a panel discussion on Tuesday to present the findings of a report on the impact of modern trends on the labor markets of Egypt and developing nations, according to a press release.

Egypt and a UAE company will sign an operation and management agreement in the field of tire manufacturing “within days,” Public Enterprise Minister Hisham Tawfik said, according to Al Mal. The minister did not disclose the name of the UAE company, but said the move comes amid efforts to attract foreign investment, and boost manufacturing and trade.

A consortium of Russian companies is expected to visit Egypt this month to explore investment and operational logistics in the Russian Industrial Zone area of the Suez Canal Economic Zone, reports the local press.

Tourism forum ITB Berlin is kicking off on Wednesday, according to the convention’s website. Tourism Minister Rania Al Mashat is taking part in the sessions of the first day.

The gov’t will begin rolling out its debt control strategy this month. The four-year strategy aims to bring down Egypt’s public debt to 80-85% of GDP by the end of FY2021-22.

An Egyptian ministerial delegation will visit France this month to discuss boosting bilateral trade, local press reported.

The Egypt-Sudan electricity grid connection project is on track, and is set to begin its first-phase trials next month, according to The North Africa Post.

A delegation of 50 Japanese companies is expected in Egypt early next month to sign several investment agreements and explore areas of cooperation for the development of technical industries, reports Egypt Today.

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