{"id":591227,"date":"2019-12-01T04:21:41","date_gmt":"2019-12-01T04:21:41","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/what-were-tracking-on-1-december-2019\/"},"modified":"2019-12-01T04:21:41","modified_gmt":"2019-12-01T04:21:41","slug":"what-were-tracking-on-1-december-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/01\/what-were-tracking-on-1-december-2019\/","title":{"rendered":"What we\u2019re tracking on 1 December 2019"},"content":{"rendered":"

Would someone mind explaining where 2019 went? <\/strong>Or the past decade, for that matter? Happy December, everyone.<\/p>\n

<\/a> It\u2019s official: Tarek Amer has been given a second and final four-year term as <\/strong>governor of the Central Bank of Egypt<\/strong> after the House of Representatives on Thursday voted in favor of President Abdel Fattah El Sisi\u2019s decision<\/a> to reappoint him, the local press reported<\/a>. Bloomberg<\/a>and Reuters<\/a> also took note of the story.<\/p>\n

But that cabinet shuffle? It may not happen before mid-month:<\/strong> The widely expected cabinet shuffle didn\u2019t make it to the House on Thursday. The latest: Prime Minister Moustafa Madbouly is expected to finalize the list of changes by mid-week and ship it to parliament for approval when it reconvenes from recess on 8 December, sources with knowledge of the matter said, according to Masrawy<\/a>. The shuffle could also be postponed until after the World Youth Forum, which wraps up on 17 December, the newspaper adds.<\/p>\n

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It\u2019s a big week in foreign affairs:<\/strong><\/p>\n

Greek Foreign Minister Nikos Dendias is due in town today<\/strong> for talks with Sameh Shoukry over an agreement that Libya and Turkey signed to redraw their maritime borders, the Associated Press reports<\/a>. The agreement has drawn sharp criticism from Egypt, Greece, and Cyprus. We have the full story in Diplomacy + Foreign Trade, below.<\/p>\n

A new round of GERD talks is set to take place in Cairo tomorrow<\/strong>, led by irrigation ministers from Egypt, Sudan, and Ethiopia, according to Asharq Al-Awsat<\/a>. The two-day gathering will be the second of four pre-arranged talks, with the next two rounds scheduled to take place in Washington on 9 December 2019 and 13 January 2020. The first round of the talks, which received US backing after a meeting in Washington last month<\/a>, wrapped up in Addis Ababa a few weeks ago.<\/p>\n

Meanwhile, bringing Egypt back into the Nile Basin Initiative (NBI) is at the \u201ctop of <\/strong>the to-do list\u201d for Kenya <\/strong>during its one-year chairmanship of the initiative, according to Kenyan outlet the East African<\/a>. Egypt had suspended its membership in the NBI in 2010 to protest plans by upstream countries to renegotiate a 1959 water-sharing agreement.<\/p>\n

Egypt is attending the <\/strong>UN COP25 climate change conference<\/a><\/strong>, which begins in Madrid tomorrow and runs through 13 December, according to an Environment Ministry statement.<\/p>\n

On the foreign trade front: <\/strong>China\u2019s Dongfeng Motor Corp.<\/strong> is in town this week to discuss plans to manufacture electric cars in collaboration with state-owned El Nasr Automotive, according to the Public Enterprises Ministry (pdf)<\/a>. Meanwhile, the Egyptian Businessmen\u2019s Association (EBA) is hosting on Monday a delegation of five Vietnamese agricultural importers and exporters<\/strong>, according to Youm7<\/a>.<\/p>\n

Stuff you can go to this week:<\/strong><\/p>\n