We’re officially looking at a five-day weekend next week: The Ismail cabinet announced that the Eid Al Adha holiday will be from Thursday till Monday, according to Ahram Gate, meaning we are back to work on Tuesday, 5 September.

The Council of State (Maglis Al Dawla) is set to begin reviewing the executive regulations to the Investment Act in September, after the cabinet signed off on them last week.

Cabinet should begin discussing the Universal Healthcare Act before the end of the month and send it to the House of Representatives when it reconvenes in September. Prime Minister Sherif Ismail met with the ministers of health and finance Sunday to review the latest draft.

Did Egypt’s freetrade agreement with Mercosur countries come into effect? We noted in late July it was set to go into force in a month’s time.