{"id":550084,"date":"2022-10-13T03:40:31","date_gmt":"2022-10-13T03:40:31","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/"},"modified":"2022-10-13T03:40:31","modified_gmt":"2022-10-13T03:40:31","slug":"this-morning-grab-your-jackets-another-day-of-imf-watching","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/","title":{"rendered":"THIS MORNING: Grab your jackets + another day of IMF-watching"},"content":{"rendered":"

Good morning, kind people, and happy Thursday. <\/strong>We\u2019re stumbling bleary-eyed toward the finish line on another long week \u2014 and our reward is a bucketload of news. There\u2019s something for everyone here, from the latest in state stake sales, to cabinet measures to ease FX shortages and imports of everything from cars to wheat \u2014 rounded off with a nice big chunk of VC funding for local fintech startups.<\/p>\n

Sweater weather? <\/strong>Ok, perhaps not quite \u2014 but it\u2019s going to be a little cooler over the weekend, with temperatures peaking at 27-29\u00b0C in the day and hitting as low as 21\u00b0C at night, the national weather service says<\/a>. There\u2019s also a chance of rain along northern coastal regions.<\/p>\n

<\/a> THE BIG STORY THIS MORNING here at home is \u2026 from Washington, DC, where Finance <\/strong>Minister Mohamed Maait said an assistance package from the IMF is in the \u201cfinal confirmation\u201d stage. <\/strong>Maait was speaking with reporters late yesterday on the sidelines of the IMF and World Bank annual meetings. Cabinet is hoping the long-awaited package could be announced before the gathering wraps up, Reuters<\/a> and CNBC Arabia<\/a> report.<\/p>\n

Maait wasn\u2019t giving much away: <\/strong>The finance minister is quoted as saying officials have reached an agreement on all aspects of the package, but he stopped short of giving details or confirming that the size and structure of the facility have been nailed down.<\/p>\n

The gov\u2019t is in favor of a more flexible FX rate for the EGP \u201cif necessary,\u201d<\/strong> Maait said, adding that the soaring USD has added pressure on currencies everywhere. His comments echo previous statements by Planning Minister Hala El Said<\/a>. The EGP has continued to inch down against the greenback in recent days and weeks and has lost around a quarter of its value against the USD so far this year.<\/p>\n

The IMF executive board has still not released its public meeting schedule. <\/strong>The body would have to approve any new assistance program for Egypt. Senior Egyptian officials and members of the banking community are all in DC for the meetings.<\/p>\n

IT\u2019S DAY FOUR of the gathering and all eyes in Egypt should be on IMF boss Kristalina <\/strong>Georgieva\u2019s briefing and presser. <\/strong>Georgieva is giving a briefing on the group\u2019s \u201cglobal policy agenda\u201d at 2pm CLT, with a 45-minute-long \u201copen press conference\u201d set to follow. We\u2019re hoping Egypt comes up.<\/p>\n

ALSO IN DC TODAY: <\/strong>Enterprise Climate is reporting this morning<\/a> that there will be tons of climate talk, with attendees debating the role of multilateral development banks in the energy transition. Tap or click here for the full schedule<\/a>.<\/p>\n

\n

SIGN OF THE TIMES- <\/strong>Banque du Caire has raised interest rates<\/a> on three-year USD certificates of deposit to 5.3% from 2.5%, following a similar move by its fellow state-owned lenders National Bank of Egypt and Banque Misr. (Al Mal<\/a>).<\/p>\n

DISPATCH FROM THE UAE- Traffic in Dubai was insane yesterday as crowds \u2014 the size <\/strong>of which we <\/strong>haven\u2019t seen since well before covid-19 \u2014 descended on the city for <\/strong>GITEX<\/a><\/strong>. <\/strong>Yesterday\u2019s highlight: Our friends at Emirati tech and investment giant e& launched<\/a> their foray into the metaverse with e& Universe<\/a>. We\u2019ll go deeper into e&\u2019s transformation strategy and global ambitions next week in a Coffee With\u2026 Group CEO Hatem Dowidar. The weeklong tech extravaganza wraps up tomorrow.<\/p>\n

HAPPENING TODAY-<\/strong><\/p>\n

It\u2019s a big day for global macro news: US inflation figures are also out today. <\/strong>Analysts surveyed by Bloomberg<\/a> are expecting core inflation \u2014 which strips out volatile items like food and fuel \u2013 to return to the 40-year highs recorded in March. They\u2019re predicting a slight deceleration in the headline figure to 8.1% y-o-y \u2014 still a rapid pace of inflation for any developed economy.<\/p>\n

The US Fed will be watching closely \u2014 and everyone else will be watching the Fed. <\/strong>Another alarmingly high inflation figure will only amp up the pressure for the Fed to go for another rate hike during its November meeting. The US central bank raised interest rates by 75 bps for a third successive meeting last month.<\/p>\n

The Fed remains inclined to go hard: <\/strong>The Fed\u2019s latest meeting saw \u201cparticipants emphasizing that the cost of taking too little action to bring down inflation likely outweighed the cost of taking too much action,\u201d according to the newly released minutes, the Financial Times<\/a>reports.<\/p>\n

There\u2019s no one BIG STORY ABROAD<\/strong> catching the attention of the international press this morning. The financial papers are focused on the US inflation figures out later today, the Fed\u2019s likely response, and the noise coming out of DC as the World Bank and IMF meetings continue.<\/p>\n

Some satisfaction for those of us who dislike fake news:<\/strong> Much of the \u2018mainstream media\u2019 is taking note this morning of the nearly USD 1 bn in damages that a US court has ordered conspiracy theorist Alex Jones must pay to the families of victims of the Sandy Hook school shooting, after he called the tragedy a hoax. Reuters<\/a> | WSJ<\/a> | WaPo<\/a> | AP<\/a><\/p>\n

***<\/strong><\/p>\n

Take our EV survey:<\/a><\/strong> Are you an ex-petrolhead shopping around for your first electric vehicle? EV-curious and wondering what all the fuss is about? Or are you not ready to say goodbye to that sweet smell of benzene as you wait at the gas station?<\/p>\n

We want to hear from you:<\/strong> We\u2019re taking the pulse on how the nation feels about Egypt\u2019s nascent EV transition. Take a few minutes to fill out our short survey<\/a>. We\u2019ll be back with the results in a couple of weeks.<\/p>\n

***<\/p>\n

\n
\n
\n
\n

\n Get Enterprise<\/b> daily
\n <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n

MARKET WATCH- <\/strong><\/p>\n

OPEC slashed its outlook on world oil demand for 2022 and 2023<\/strong>, citing continued inflationary pressures, an extension of China\u2019s covid-19 restrictions and slowing global economic growth, according to its monthly oil market report (pdf)<\/a>. The oil cartel now expects global oil demand to grow 2.7% this year (up some 2.6 mn barrels per day, down 460k bpd from its earlier forecast). \u201cThe world economy has entered into a time of heightened uncertainty and rising challenges, amid ongoing high inflation levels, monetary tightening by major central banks, high sovereign debt levels in many regions as well as ongoing supply issues,\u201d it said.<\/p>\n

The worsened outlook sheds light on OPEC\u2019s decision <\/strong>last week<\/a><\/strong> to announce its biggest production cut <\/strong>since 2020 under efforts to support dropping oil prices, a move which was criticized by the US<\/a>.<\/p>\n

But what about next year? <\/strong>OPEC sees oil demand increasing by 2.3 mn bpd to 102 mn bpd, down 360k bpd on its previous forecast.<\/p>\n

\n

COUNTDOWN TO COP (24 days to go)-<\/strong><\/p>\n

Big-name finance bosses are skipping COP27, saying they have better things to do: <\/strong>Several top-level finance executives will be notably absent from COP27 in Sharm El Sheikh next month, including the CEOs of Blackrock, Citigroup, and Standard Chartered, Enterprise Climate<\/a> notes this morning. The three executives all made appearances at COP26, with BlackRock and Citi among signatories of the Glasgow Financial Alliance for Net Zero, but this year the finance heavyweights will send delegations of lower-level representatives.<\/p>\n

Why? Bloomberg says it\u2019s because the three have \u201cmore immediate\u201d crises to deal with<\/strong> (largely related to fallout from Russia\u2019s war in Ukraine), saying the news comes as the \u201ccredibility of some net-zero pledges is in doubt.\u201d<\/p>\n

More COP talk: <\/strong>Foreign Minister Sameh Shoukry and UN climate chief Simon Steele talked all things COP 27 during a meeting yesterday, according to a statement<\/a>.<\/p>\n

CIRCLE YOUR CALENDAR-<\/strong><\/p>\n

Bread reform committee should get House approval on Sunday:<\/strong> The House should approve Supply Minister Ali El Moselhy\u2019s proposal to form an ad hoc committee<\/a> to look into possible changes to the country\u2019s massive bread subsidy program during its session on Sunday, 16 October.<\/p>\n

The EGX is looking to drum up interest in listed companies on a roadshow <\/strong>to Dubai and Abu Dhabi later this month<\/strong>, an EGX source told Enterprise. The bourse has tapped Al Ahly Pharos to help manage the roadshow, with EGX boss Rami El Dokany set to meet with as many as 100 regional and international financial institutions, the source said.<\/p>\n

Fuel prices to rise this month?<\/strong> We\u2019re expecting the government to hike fuel prices<\/a> for the seventh consecutive quarter when the fuel pricing committee meets this month. Fuel prices have risen by as much as 28%<\/a> over the past 18 months in response to heightened international oil prices, which surged earlier this year on the back of Russia\u2019s invasion of Ukraine.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, kind people, and happy Thursday. We\u2019re stumbling bleary-eyed toward the finish line on another long week \u2014 and our reward is a bucketload of news. There\u2019s something for everyone here, from the latest in state stake sales, to cabinet measures to ease FX shortages and imports of everything from cars to wheat \u2014 […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[228,1419,72,569,2234,272,182,128,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550084","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-cop27","tag-egp","tag-enterpriseam","tag-finance-minister-mohamed-maait","tag-foreign-exchange","tag-imf","tag-inflation","tag-opec","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"6ed3608d-9873-4120-a1cf-a1a4816f0199","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[550082],"teaser":"","voice_url":""},"yoast_head":"\nTHIS MORNING: Grab your jackets + another day of IMF-watching - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: Grab your jackets + another day of IMF-watching\" \/>\n<meta property=\"og:description\" content=\"Good morning, kind people, and happy Thursday. We\u2019re stumbling bleary-eyed toward the finish line on another long week \u2014 and our reward is a bucketload of news. There\u2019s something for everyone here, from the latest in state stake sales, to cabinet measures to ease FX shortages and imports of everything from cars to wheat \u2014 […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-13T03:40:31+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"7 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: Grab your jackets + another day of IMF-watching\",\"datePublished\":\"2022-10-13T03:40:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\"},\"wordCount\":1446,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"COP27\",\"EGP\",\"EnterpriseAM\",\"Finance Minister Mohamed Maait\",\"foreign exchange\",\"IMF\",\"inflation\",\"OPEC\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\",\"name\":\"THIS MORNING: Grab your jackets + another day of IMF-watching - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2022-10-13T03:40:31+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: Grab your jackets + another day of IMF-watching\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: Grab your jackets + another day of IMF-watching - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: Grab your jackets + another day of IMF-watching","og_description":"Good morning, kind people, and happy Thursday. We\u2019re stumbling bleary-eyed toward the finish line on another long week \u2014 and our reward is a bucketload of news. There\u2019s something for everyone here, from the latest in state stake sales, to cabinet measures to ease FX shortages and imports of everything from cars to wheat \u2014 […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-10-13T03:40:31+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"7 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: Grab your jackets + another day of IMF-watching","datePublished":"2022-10-13T03:40:31+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/"},"wordCount":1446,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["COP27","EGP","EnterpriseAM","Finance Minister Mohamed Maait","foreign exchange","IMF","inflation","OPEC","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/","name":"THIS MORNING: Grab your jackets + another day of IMF-watching - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-10-13T03:40:31+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/13\/this-morning-grab-your-jackets-another-day-of-imf-watching\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: Grab your jackets + another day of IMF-watching"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":638656,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/what-were-tracking-on-11-october-2017\/","url_meta":{"origin":550084,"position":0},"title":"What we\u2019re tracking on 11 October 2017","author":"enterpriseam admin","date":"11 October 2017","format":false,"excerpt":"The relatively quiet news week continues this morning. Today\u2019s biggest story: Monthly core inflation cooled last month to its lowest level since September 2015, as we note in Speed Round, below. Most of you will roll your eyes when we write this, but: This doesn\u2019t mean that prices are falling\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2017\/10\/1858.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604764,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/12\/what-were-tracking-on-12-december-2018\/","url_meta":{"origin":550084,"position":1},"title":"What we\u2019re tracking on 12 December 2018","author":"enterpriseam admin","date":"12 December 2018","format":false,"excerpt":"** If you\u2019re reading this and a friend or colleague isn\u2019t, tell them to head to www.enterprise.press to read this morning\u2019s edition. They should also check the folder to which bad email is directed and (on Gmail) the non-inbox tabs to which unsolicited email goes. We\u2019re working to resolve some\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640458,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/08\/26\/imf-representatives-are-scheduled-to-visit-in-october-for-our-fourth-loan-review\/","url_meta":{"origin":550084,"position":2},"title":"IMF representatives are scheduled to visit in October for our fourth loan review","author":"enterpriseam admin","date":"26 August 2024","format":false,"excerpt":"Good afternoon, all. It\u2019s shaping up to be another calm news day as we enjoy one of the last days before summer comes to an end and the academic year kicks off. THE BIG STORY TODAY- Fourth review incoming: Representatives from the IMF should land in town early October to\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":676012,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/23\/imf-mission-will-land-in-cairo-on-1-december\/","url_meta":{"origin":550084,"position":3},"title":"IMF mission will land in Cairo on 1 December","author":"enterpriseam admin","date":"23 November 2025","format":false,"excerpt":"Good morning, wonderful people, and welcome to the last full workweek of November. It is shaping up to be another busy week as we gear up to welcome a mission from the IMF next week and to see how markets react to the central bank\u2019s decision to keep rates unchanged.\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/7\/1219.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":580357,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/21\/this-evening-egas-set-to-launch-new-intl-tender-for-oil-and-gas-exploration-blocks-next-week-japanese-bond-yields-jump-again\/","url_meta":{"origin":550084,"position":4},"title":"THIS EVENING: EGAS set to launch new int\u2019l tender for oil and gas exploration blocks next week + Japanese bond yields jump again","author":"enterpriseam admin","date":"21 December 2022","format":false,"excerpt":"Good afternoon, ladies and gents. It\u2019s almost-THURSDAY \u2014 and it appears to also be almost time for the full holiday news lull.THE BIG STORY TODAY Energy companies can bid for 12 new oil and gas exploration blocks starting next week in an international tender set to be launched by state-owned\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/762.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607858,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/10\/this-evening-inflation-accelerates-again-in-september-imf-revises-upwards-egypts-growth-forecast\/","url_meta":{"origin":550084,"position":5},"title":"THIS EVENING: Inflation accelerates again in September + IMF revises upwards Egypt\u2019s growth forecast","author":"enterpriseam admin","date":"10 October 2023","format":false,"excerpt":"Good afternoon, wonderful people. It\u2019s looking like a good news \/ bad news kind of day, with mixed sentiments coming in. THE BIG STORIES TODAY #1- Annual urban inflation accelerated to 38.0% in September, reaching yet another all-time high, according to Capmas data released today. September is the fourth consecutive\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550084","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550084"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550084\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550082"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550084"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550084"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550084"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550084"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550084"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}