{"id":567285,"date":"2020-01-19T04:06:32","date_gmt":"2020-01-19T04:06:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/what-were-tracking-on-19-january-2020\/"},"modified":"2020-01-19T04:06:32","modified_gmt":"2020-01-19T04:06:32","slug":"what-were-tracking-on-19-january-2020","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/19\/what-were-tracking-on-19-january-2020\/","title":{"rendered":"What we\u2019re tracking on 19 January 2020"},"content":{"rendered":"

<\/a> President Abdel Fattah <\/strong>El Sisi is in Berlin<\/a><\/strong> f<\/strong>or the Libya peace conference, which kicks off <\/strong>today.<\/strong> A summit in Moscow last week failed to produce an agreement between eastern military commander Khalifa Haftar and UN-recognized Fayez Al Serraj after Haftar walked out on the talks. Haftar has reportedly signaled his commitment to observe the existing ceasefire, Reuters reports<\/a>.<\/p>\n

Haftar\u2019s play for leverage:<\/strong> Militia allied to Haftar have shut down oil export terminals in the east of the country ahead of the conference, causing the country\u2019s oil output to more than halve, Bloomberg reported yesterday<\/a>.<\/p>\n

Turkey\u2019s Recep Erdogan is in a war of words with Haftar<\/strong>, who he threatened<\/a> to \u201cteach a lesson\u201d after his Moscow walk-out. The Turkish president also penned a column in Politico<\/a> on Saturday calling on Europe to intervene against what he described as a \u201ccoup\u201d by Haftar and his \u201canti-democratic\u201d supporters Egypt, Saudi Arabia and the UAE. All of the antagonism is because Ankara wants to advance political Islam<\/strong>, Kori Schake argues in an opinion piece for Bloomberg<\/a>.<\/p>\n

President Abdel Fattah El Sisi is in London tomorrow<\/strong> alongside 21 other African leaders for the UK-Africa Investment Summit<\/a><\/strong>, according to a CBC report (watch, run time: 2:58)<\/a>.<\/p>\n

\n

The private-sector gets a day off on Saturday <\/strong>in observance of Police Day, which is also the anniversary of the 25 January revolution, Manpower Minister Mohamed Saafan said<\/a>on Friday<\/a>.<\/p>\n

The World Economic Forum gets underway on Tuesday in Davos, Switzerland.<\/strong> CNBC<\/a> and Bloomberg<\/a> have previews or you can tap or click here to check out the full agenda<\/a>.<\/p>\n

Tax on bourse transactions to be decided next month: <\/strong>The Finance Ministry will decide next month whether it\u2019s implementing a capital gains tax on EGX transactions, the local press quoted<\/a>unnamed sources as saying.<\/a> You can check our rundown on the tax here.<\/a><\/p>\n

\n

International Cooperation Minister Rania Al Mashat has been the made the government\u2019s <\/strong>representative at the World Bank,<\/strong> European Bank for Reconstruction and Development, and Arab Bank for Economic Development in Africa, Masrawy reported<\/a>.<\/p>\n

\n

It\u2019s the end of the world as we know it, part 1- Epidemiologists are warning about a <\/strong>mysterious, deadly virus out of China<\/strong> that has infected as many as 1.7k people \u2014 some 35x more than previously reported, according to the Financial Times<\/a>. The coronavirus has now been detected in Japan, and US airports including JFK in New York are screening some passengers arriving from central China. The virus could spread faster this week as mn of Chinese travel for the Chinese Lunar New Year holiday<\/strong> which falls this year on 25 January, Reuters wants<\/a>. Business Insider<\/a> also has the story, noting that the virus is related to the deadly SARS bug.<\/p>\n

It\u2019s the end of the world as we know it, part 2- A company you\u2019ve never heard of is about <\/strong>to end public anonymity by making your face searchable<\/strong>, the New York Times<\/a> reports. \u201cSearching someone by face could become as easy as Googling a name. Strangers would be able to listen in on sensitive conversations, take photos of the participants and know personal secrets. Someone walking down the street would be immediately identifiable \u2014 and his or her home address would be only a few clicks away,,\u201d the piece concludes. The service operates by scraping your image from social media feeds including Facebook and Twitter.<\/p>\n

It\u2019s the end of the world as we know it, part 3-<\/strong> Egypt\u2019s sovereign credit rating is at risk <\/strong>from<\/strong> rising sea levels<\/strong>, which will pose a long-term threat to income, assets, health and safety, according to a recently-released report from Moody\u2019s (paywall)<\/a>. Look for disruptions to farming, tourism and trade, an increase in natural disasters, loss of life and widespread health issues, and forced migration \u2014 all of which threaten the economy, according to Reuters<\/a>, which cites the report. Other countries flagged as particularly vulnerable include Vietnam, Suriname, and the Bahamas.<\/p>\n

\"enterprise\"<\/a><\/p>\n

Wall Street\u2019s biggest (not longest) bull run may be close at hand<\/strong> as the benchmark S&P 500 and Nasdaq Composite set record highs for an eighth consecutive trading session on Friday, the Financial Times<\/a> and Reuters<\/a> reported, noting that \u201cthe S&P 500 \u2026 is 5% away from posting its largest ever rise without falling more than 20%.\u201d Bank of America analysts appear to be concerned that valuations are becoming stretched, according to Bloomberg<\/a>, which cautioned in a separate op-ed<\/a> against using valuation as an indicator for jumping in and out of the market.<\/p>\n

\n

The Trump impeachment trial is set to dominate the news cycle across much of the <\/strong>Western press over the next two weeks:<\/strong> Opening statements will begin this week after the House impeachment managers and the president\u2019s defense were selected over the weekend. Trump\u2019s team \u2014 made up of his personal lawyer Jay Sekulow, the White House counsel Pat Cipollone, Alan Dershowitz and Ken Starr \u2014 yesterday called the charges as a \u201cbrazen and unlawful\u201d attempt to kick him out of office in its formal response to the impeachment charges, the New York Times reports<\/a>.<\/p>\n

Oh, and Harry and Meghan have decided to drop drop their royal titles<\/strong>, stop receiving public funds, and spend most of their time outside of the UK in a move that\u2019s being described as a decisive break with the royal family, the BBC<\/a> reports.<\/p>\n

\"enterprise\"<\/a><\/p>\n

The CEO of Edita teaches us a few lessons in finding inspiration and pursuing dreams:<\/strong> Edita was always the dream for Hani Berzi, the CEO and founder of the food manufacturing brand. Berzi played football, studied engineering, and went into trading for a while, but nothing called to him. Not until he had a packed croissant and decided that he would create the \u201csecond generation of snack foods\u201d for the Egyptian public. It goes to show that inspiration can come from the most simple places. And come it did. Fast forward over two decades later and the company has become a household name here in Egypt.<\/p>\n

You can listen to the episode (runtime: 36:11) on: <\/strong>Our website<\/a> | Apple Podcast<\/a> | Google Podcast<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

President Abdel Fattah El Sisi is in Berlin for the Libya peace conference, which kicks off today. A summit in Moscow last week failed to produce an agreement between eastern military commander Khalifa Haftar and UN-recognized Fayez Al Serraj after Haftar walked out on the talks. Haftar has reportedly signaled his commitment to observe the […]<\/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":[2609,3055,279,191,72,3746,7138,181,3171,220,4405,120,91,221,121,112,897],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-567285","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-25-january-revolution","tag-angela-merkel","tag-budget-watch","tag-edita","tag-enterpriseam","tag-gas-regulatory-authority","tag-health","tag-insurance","tag-khalifa-haftar","tag-libya","tag-mike-pompeo","tag-nasdaq","tag-oil-and-gas","tag-recep-tayyip-erdogan","tag-sp-500","tag-uk","tag-wall-street","wpautop","entry"],"acf":{"mongo_id":"d404c6a1-b01b-4fb0-bc91-2759744e30c9","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[567283],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 19 January 2020 - 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\/2020\/01\/19\/what-were-tracking-on-19-january-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking on 19 January 2020\" \/>\n<meta property=\"og:description\" content=\"President Abdel Fattah El Sisi is in Berlin for the Libya peace conference, which kicks off today. 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Shoukry stressed the importance of reaching a political solution in Libya \u2014 an existential issue for Egyptian security \u2014 and lauded the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598004,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/12\/el-sisi-meets-libyan-general-khalifa-haftar-for-second-time-in-a-month\/","url_meta":{"origin":567285,"position":2},"title":"El Sisi meets Libyan general Khalifa Haftar for second time in a month","author":"enterpriseam admin","date":"12 May 2019","format":false,"excerpt":"El Sisi meets Libyan general Khalifa Haftar for second time in a month: President Abdel Fattah El Sisi discussed the current situation in Libya in his second meeting in less than a month with Egypt-backed General Khalifa Haftar, according to an Ittihadiya statement. El Sisi hailed the Libyan National Army\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652255,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/haftar-has-no-plans-to-talk-with-rival-in-western-libya\/","url_meta":{"origin":567285,"position":3},"title":"Haftar has no plans to talk with rival in western Libya","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"Eastern Libya\u2019s military leader Khalifa Haftar has no plans to talk with Fayez Seraj, who heads the internationally recognised government in Tripoli, a source told Reuters. Haftar, who has close ties to Egypt and the UAE, was reportedly going to discuss the possibility of forming a government of national union\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647818,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/21\/hegazy-meets-with-libyas-haftar-in-benghazi\/","url_meta":{"origin":567285,"position":4},"title":"Hegazy meets with Libya\u2019s Haftar in Benghazi","author":"enterpriseam admin","date":"21 May 2017","format":false,"excerpt":"Egypt\u2019s Armed Forces Chief of Staff Mahmoud Hegazy met with Khalifa Haftar, his Libyan counterpart, in Benghazi, the Libya Herald reports. No details were revealed about the meeting. It comes a day after the third anniversary of the so-called \u201cOperation Dignity\u201d which Haftar says targeted extremists in Benghazi. In related\u2026","rel":"","context":"In "Diplomacy + Foreign Trade"","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":567345,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/01\/20\/world-powers-pledge-to-end-interference-in-libya\/","url_meta":{"origin":567285,"position":5},"title":"World powers pledge to end interference in Libya","author":"enterpriseam admin","date":"20 January 2020","format":false,"excerpt":"World powers pledge to end interference in Libya: Egypt, Russia, Turkey and nine other countries yesterday pledged to wind down the escalating proxy conflict in Libya and end interference in the country\u2019s years\u2019 long civil war, Reuters reports. Countries that have been actively supporting either the UN-recognized Government of National\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/646.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\/567285","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=567285"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/567285\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/567283"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=567285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=567285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=567285"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=567285"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=567285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}