IMF review coming up end of October, third loan tranche in December: An IMF delegation is expected to visit Egypt at the end of October for a review ahead of the disbursal of the third USD 2 bn tranche of the country’s extended fund facility, which is scheduled for December, Finance Minister Amr El Garhy told Reuters. Egypt has already received USD 4 bn out of USD 12 bn agreed on with the IMF last year.

The Egyptian-American Business Council is meeting with a delegation of US companies in November to encourage them to consider Egypt as an investment destination.

The Investment Ministry is giving itself until the end of the year to release its investment map of 600 or so projects it plans to pitch to investors. The Trade and Industry ministry, meanwhile, plans to release its own investment map by the end of September, minister Tarek Kabil said in aninterview with Daily News Egypt.