{"id":563685,"date":"2021-07-13T04:00:49","date_gmt":"2021-07-13T04:00:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/this-morning-egx-elections-tomorrow\/"},"modified":"2021-07-13T04:00:49","modified_gmt":"2021-07-13T04:00:49","slug":"this-morning-egx-elections-tomorrow","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/13\/this-morning-egx-elections-tomorrow\/","title":{"rendered":"THIS MORNING: EGX elections tomorrow."},"content":{"rendered":"<p><strong>Good morning, all.<\/strong> We have another packed issue for you this morning, albeit one that is again low on hard business news. Instead, legislation dominates the agenda: with our elected representatives eager to escape to Sahel for the summer recess, the general assembly votes are coming thick and fast. All that and more in the news well, below.<\/p>\n<p><strong>THE BIG STORY INTERNATIONALLY-<\/strong> Nothing is dominating the front pages of the international press this morning. Here\u2019s some of the stories that are gaining traction:<\/p>\n<ul>\n<li><strong>Biden plots new trade pact to counter China;<\/strong> The Biden administration is considering a \u201cdigital trade agreement\u201d that would bring Indo-Pacific countries into a common area that would harmonize regulations on data usage, trade and electronic customs (<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-07-12\/biden-team-weighs-digital-trade-deal-to-counter-china-in-asia?srnd=premium&sref=mmeFTDW1\">Bloomberg<\/a>).<\/li>\n<li><strong>Back off, Pfizer:<\/strong> US officials are pushing back against Pfizer, which is lobbying for regulators to authorize booster shots as the delta variant spreads across the country. (<a href=\"https:\/\/www.nytimes.com\/2021\/07\/12\/us\/politics\/pfizer-booster-shots.html\">NYT<\/a>)<\/li>\n<li><strong>Sounds like Cuba needs some democracy:<\/strong> The US has expressed support for huge demonstrations that took place in Cuba on Sunday that saw thousands take to the streets to protest the government\u2019s handling of the economy and the pandemic (<a href=\"https:\/\/www.reuters.com\/world\/americas\/cubas-president-blames-discontent-us-sanctions-2021-07-12\/\">Reuters<\/a> | <a href=\"https:\/\/apnews.com\/article\/donald-trump-joe-biden-latin-america-business-ap-top-news-3772cca0298adac7ce8947ff3aac48c8\">AP<\/a> | <a href=\"https:\/\/www.ft.com\/content\/ea060122-11fd-48cc-b77e-4d8a38b975b1\">FT<\/a> | <a href=\"https:\/\/www.wsj.com\/articles\/cuba-cracks-down-on-protests-amid-worst-economic-crisis-in-decades-11626108212?mod=hp_lead_pos5\">WSJ<\/a>)<\/li>\n<\/ul>\n<p><strong>WHAT\u2019S HAPPENING THIS WEEK-<\/strong><\/p>\n<p><strong>The EGX will hold its <\/strong><strong><a href=\"https:\/\/ent.news\/2021\/7\/EGX-board-elections.jpg\">board elections for the 2021-2025 term<\/a><\/strong><strong> tomorrow, 14 July. <\/strong>Here\u2019s <a href=\"https:\/\/ent.news\/2021\/7\/press_release_12-7_english.pdf\">a rundown (pdf)<\/a> of the candidates vying to fill board positions, updated yesterday after Porto Group Chairman Gamal Fathallah withdrew from the race.<\/p>\n<p><strong>Expect a decision on fuel prices in the coming days:<\/strong> The government\u2019s fuel pricing committee <a href=\"https:\/\/bit.ly\/3wQkCz2\">has been in talks<\/a> since the beginning of the month over whether to raise, cut or leave on hold fuel prices during 3Q2021. We were expecting to hear something yesterday but a government official <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c96030e0-a4d2-4c6b-8619-8fa4ad9192da\">had suggested<\/a> that a decision could instead be made later in the month.<\/p>\n<p><strong>***CATCH UP QUICK<\/strong> with the top stories from yesterday\u2019s edition of <strong>EnterprisePM:<\/strong><\/p>\n<ul>\n<li><strong>Gold exploration contracts inked:<\/strong> The government <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a82b236-d72c-430e-9424-deae2c762298\">signed<\/a> four new gold exploration contracts worth more than USD 17 mn with Sukkari operator Centamin and Canada\u2019s B2Gold.<\/li>\n<li><strong>Yodawy raises USD 7.5 mn series B funding:<\/strong> Yodawy <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0098d1b5-397d-4528-bb61-9d00e265b062\">landed USD 7.5 mn<\/a> in a series B funding round led by Algebra Ventures, Beirut-based Middle East Venture Partners and UAE-based VC firm Global Ventures.<\/li>\n<li><strong>GEMS goes to Somabay:<\/strong> GEMS, EFG Hermes, and the Sovereign Fund of Egypt\u2019s Egypt Education Platform <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/187c9bd4-1d77-4a88-ba9e-ca49c3fcec3f\">will develop and operate<\/a> a GEMS International School in Soma Bay.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Check out our full calendar on the web<\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/3\/INFINITY-Top-banner-EN-1600x675-v2-02.png?ssl=1\" alt=\"enterprise\" \/><\/p>\n<p><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> Enterprise\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p>\n<p><strong>In today\u2019s issue: <\/strong>The government is planning to integrate informal waste collectors into its new waste management system by employing them as private sector contractors. But waste collectors mainly rely on service fees and tips from households, as well as selling sorted waste to recyclers and manufacturers. All that may be put at risk, they believe, with the implementation of the new system, which could threaten a way of life that has existed for hundreds of years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, all. We have another packed issue for you this morning, albeit one that is again low on hard business news. Instead, legislation dominates the agenda: with our elected representatives eager to escape to Sahel for the summer recess, the general assembly votes are coming thick and fast. All that and more in the [&hellip;]<\/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":[116,107,68,72,498,146,127,132,113,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-563685","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-china","tag-covid-19","tag-egx","tag-enterpriseam","tag-joe-biden","tag-pfizer","tag-politics","tag-trade","tag-vaccines","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"3c2de6c7-8552-4368-9c93-0165875107b7","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[563683],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: EGX elections tomorrow. - 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\/2021\/07\/13\/this-morning-egx-elections-tomorrow\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: EGX elections tomorrow.\" \/>\n<meta property=\"og:description\" content=\"Good morning, all. We have another packed issue for you this morning, albeit one that is again low on hard business news. Instead, legislation dominates the agenda: with our elected representatives eager to escape to Sahel for the summer recess, the general assembly votes are coming thick and fast. 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Earnings season, we mean. The numbers just \u2026 won\u2019t \u2026 stop. IT\u2019S A BIG DAY FOR- The EGX, as regulators meet to discuss some major rule changes. Proposals to reduce trading fees and introduce new caps on margin trading are on the agenda for a meeting\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":591552,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/what-were-tracking-on-10-december-2019\/","url_meta":{"origin":563685,"position":1},"title":"What we\u2019re tracking on 10 December 2019","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"It\u2019s another day in which the House dominates the nation\u2019s news agenda, but there\u2019s still no sign of the much-awaited cabinet shuffle. Pundits in the nation\u2019s capital now say it\u2019s today or after the World Youth Forum, which gets underway this weekend and ends a week from today. A Lebanese\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":559435,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/21\/what-were-tracking-on-21-january-2021\/","url_meta":{"origin":563685,"position":2},"title":"What we\u2019re tracking on 21 January 2021","author":"enterpriseam admin","date":"21 January 2021","format":false,"excerpt":"Good morning, friends. We\u2019ve made it through another workweek together, and our rewards are two-fold: A big news day here at home and abroad \u2014 and confirmation that we\u2019re off Thursday-Saturday next week.LOTS OF NEWS here at home: FAB is buying Bank Audi\u2019s Egypt arm in the latest sale of\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":629956,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/what-were-tracking-on-05-april-2018\/","url_meta":{"origin":563685,"position":3},"title":"What we\u2019re tracking on 05 April 2018","author":"enterpriseam admin","date":"5 April 2018","format":false,"excerpt":"It\u2019s a quiet news morning heading into what we hope will be a wonderful four-day holiday weekend for all those of you reading us from Egypt this morning. Banks and the stock exchange will be closed Sunday and Monday in observance of Easter and Sham El Neseem. We\u2019ll be back\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":562525,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/27\/this-morning-a-very-very-bad-day-for-big-oil-things-are-heating-up-between-the-us-and-china\/","url_meta":{"origin":563685,"position":4},"title":"THIS MORNING: A very, very bad day for Big Oil + things are heating up between the US and China","author":"enterpriseam admin","date":"27 May 2021","format":false,"excerpt":"Good morning, friends, and welcome to a pleasantly quiet Thursday. We\u2019re just a few hours away from the warm embrace of the weekend. In the meantime:THE BIG STORY AT HOME- US Secretary of State Antony Blinken\u2019s visit to Cairo yesterday has everyone talking about a possible shift in Egypt and\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":568092,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/17\/what-were-tracking-on-17-december-2020\/","url_meta":{"origin":563685,"position":5},"title":"What we\u2019re tracking on 17 December 2020","author":"enterpriseam admin","date":"17 December 2020","format":false,"excerpt":"Good morning, nice people \u2014 we made it through another week together. The big story this morning: Increasing clarity on when Egypt\u2019s vaccination campaign may begin and a warning from a top government official that stricter enforcement of anti-covid measures could all be in the cards alongside potential curbs on\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563685","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=563685"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/563685\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/563683"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=563685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=563685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=563685"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=563685"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=563685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}