{"id":580042,"date":"2022-12-04T13:26:09","date_gmt":"2022-12-04T13:26:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/04\/this-evening-imf-could-disburse-first-tranche-of-egypts-eff-this-month-maait-says-were-just-two-sleeps-away-from-the-enterprise-climate-x-forum\/"},"modified":"2022-12-04T13:26:09","modified_gmt":"2022-12-04T13:26:09","slug":"this-evening-imf-could-disburse-first-tranche-of-egypts-eff-this-month-maait-says-were-just-two-sleeps-away-from-the-enterprise-climate-x-forum","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/04\/this-evening-imf-could-disburse-first-tranche-of-egypts-eff-this-month-maait-says-were-just-two-sleeps-away-from-the-enterprise-climate-x-forum\/","title":{"rendered":"THIS EVENING: IMF could disburse first tranche of Egypt\u2019s EFF this month, Maait says + We\u2019re just two sleeps away from the Enterprise Climate X Forum"},"content":{"rendered":"

Good afternoon, wonderful people.<\/strong> We have an exciting week ahead of us, not least because\u2026<\/p>\n

<\/a> We\u2019re looking forward to meeting many of you on Tuesday at 8am at the Grand Egyptian<\/strong> Museum <\/strong>for our inaugural Enterprise Climate X Forum.<\/p>\n

If you\u2019re attending: Please plan to arrive on time<\/strong> for our 8am standing networking breakfast. Traffic in the area surrounding the GEM has been heavy of late, so you will likely want to leave a few minutes early.<\/p>\n

** You will need a special QR code <\/strong>to gain admission to the GEM. Everyone who received and completed our online registration form will be receiving an email with their QR code within the next few minutes.<\/p>\n

We regret that overwhelming demand from the community meant we could not welcome everyone<\/strong> who expressed interest in attending.<\/p>\n

STAY TUNED-<\/strong> The Enterprise Climate X Forum is our first large-scale event, but it\u2019s not our last. We look forward to welcoming many more of you at our slate of Enterprise X Forums coming up in 2023.<\/p>\n

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THE BIG STORY TODAY<\/strong><\/p>\n

<\/a> We could get our first IMF loan tranche this month -Maait:<\/strong> Egypt could be getting the first USD 750 mn tranche of our recently-agreed USD 3 bn IMF bailout package<\/a> this month, Al Mal<\/a> quotes Finance Minister Mohamed Maait as saying. As of the time of writing, Egypt is not on the IMF executive board\u2019s public agenda, which is public through to 14 December.<\/p>\n

Egypt is also planning to take its maiden USD 500 mn panda bond issuance to market before the end of 1Q 2023<\/strong>, as part of the government\u2019s push to diversify its financing sources amid global volatile capital market conditions, the news outlet<\/a> reports.<\/p>\n

THE BIG STORY ABROAD<\/strong><\/p>\n

China is loosening its covid restrictions<\/strong> after a rare bout of public dissent against the government\u2019s strict policies to curb the spread of the disease. Individual cities are rolling back several restrictive policies, including requirements to present negative PCR results to use public transport, but it\u2019s widely expected that a full end to the country\u2019s covid-zero policies will take some months to materialize. The story is leading the conversation in the international business press, with coverage from Reuters<\/a>, the Wall Street Journal<\/a>, and the Financial Times<\/a>.<\/p>\n

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** CATCH UP QUICK<\/strong> on the top stories from today\u2019s EnterpriseAM<\/strong>:<\/p>\n