{"id":557184,"date":"2021-09-09T03:45:10","date_gmt":"2021-09-09T03:45:10","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/"},"modified":"2021-09-09T03:45:10","modified_gmt":"2021-09-09T03:45:10","slug":"this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/09\/this-morning-inflation-data-lands-today-israeli-pm-to-visit-cairo-next-week-bill-gates-takes-control-of-four-seasons\/","title":{"rendered":"THIS MORNING: Inflation data lands today; Israeli PM to visit Cairo next week? Bill Gates takes control of Four Seasons."},"content":{"rendered":"

Good morning ladies and gents<\/strong> \u2014 we have a jam-packed issue for you to close out the week so let\u2019s jump into it.<\/p>\n

WHAT\u2019S HAPPENING TODAY-<\/strong><\/p>\n

<\/a> Inflation data lands today:<\/strong> The Central Bank of Egypt will publish inflation figures for August this morning. Price growth has crept up over the past several months, reaching 5.4% in July<\/a> \u2014 a 2021 high albeit one that fell below analysts\u2019 expectations, some of whom were expecting a figure closer to 6%.<\/p>\n

The <\/strong>Egypt-International Cooperation Forum (ICF)<\/a><\/strong> wraps up today at the Nile Ritz-Carlton in<\/strong> Cairo.<\/strong> Hosted by the International Cooperation Ministry, the conference will bring together representatives from African and Arab governments, leading Egyptian and international businesses and banks, multilateral lenders, and international institutions including the UN, World Bank, OECD to discuss international development issues such as climate change and the pandemic. Check out the agenda here (pdf)<\/a><\/p>\n

It\u2019s the final day of the <\/strong>Egy Health Expo<\/a><\/strong> at the Al Manara International Conference Center.<\/p>\n

It\u2019s day five of the <\/strong>Arab Labor Conference<\/a><\/strong>, which is running through to 12 September at the InterContinental CityStars Hotel in Heliopolis. Government officials, ambassadors, trade union reps and business owners\u2019 association delegates from 21 Arab countries are participating in the gathering.<\/p>\n

LATER THIS WEEK AND NEXT-<\/strong><\/p>\n

Israeli PM to visit Cairo next week?<\/strong> This is according to Axios<\/a>\u2019 Barak Ravid, who reports that Naftali Bennett will make an official diplomatic visit to Egypt next week for talks with President Abdel Fattah El Sisi.<\/p>\n

This would be the first official visit to Egypt by an Israeli leader in more than a decade:<\/strong><\/p>\n

The official visit would mark a rare occasion in regional diplomacy and a first for El Sisi. The last Egyptian president to host an Israeli prime minister was Hosni Mubarak, who met Benjamin Netanyahu in January 2011<\/a>, just a few weeks before the revolution forced Mubarak out of office. Israeli media<\/a> reports in 2018 claimed that Netanyahu made a secret visit to meet with El Sisi in Sharm El Sheikh.<\/p>\n

The rumored visit comes amid <\/strong>reports<\/a><\/strong> that Egypt is preparing a new roadmap to restart <\/strong>Israel-Palestine peace talks<\/strong>, while cordial bilateral relations have recently been on public display. The Egyptian president in August<\/a> extended the invitation to Bennett to visit, before earlier this week calling Israeli President Isaac Herzog to wish him a happy Rosh Hashanah.<\/p>\n

ALSO:<\/strong><\/p>\n