{"id":591965,"date":"2019-12-23T04:29:42","date_gmt":"2019-12-23T04:29:42","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/what-were-tracking-on-monday-23-december-2019\/"},"modified":"2019-12-23T04:29:42","modified_gmt":"2019-12-23T04:29:42","slug":"what-were-tracking-on-monday-23-december-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/what-were-tracking-on-monday-23-december-2019\/","title":{"rendered":"What we\u2019re tracking on Monday, 23 December 2019"},"content":{"rendered":"<p><strong>The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the<\/strong><strong> cabinet table and a handful of surprises<\/strong>, including Prime Minister Moustafa Madbouly being tapped to drum up investment in all of its flavors. We have chapter and verse in this morning\u2019s Speed Round, below.<\/p>\n<p><strong>We also have a very busy news morning <\/strong>on the M&A and investment fronts, suggesting the end-of-year news slowdown isn\u2019t yet upon us.<\/p>\n<p><strong>The Central Bank of Egypt\u2019s Monetary Policy Committee meets on Thursday for the final<\/strong><strong> time this year.<\/strong> Seven of 10 economists <a href=\"https:\/\/enterprise.press\/stories\/2019\/12\/22\/enterprise-poll-central-bank-of-egypt-to-keep-rates-on-hold-in-final-meeting-of-2019-8827\/\">we surveyed<\/a> expect the CBE to hold off on delivering a fifth rate cut for the year, with most saying the central bank will adopt a wait-and-see approach as it gauges impact of the previous cuts before pushing ahead with more.<\/p>\n<p><strong>Meanwhile, the central bank has effectively raised the ceiling on consumer credit limits. <\/strong><a href=\"https:\/\/bit.ly\/34K3FHK\">A decision released yesterday (<\/a><a href=\"https:\/\/bit.ly\/34K3FHK\">pdf)<\/a> will allow individual borrowers to carry monthly payments for unsecured borrowing equivalent to up to 50% of their after-tax income, up from 35% previously. The new limit will apply to both personal borrowing and credit cards. Automotive companies say the move could act as a stimulus for the lagging market, <a href=\"https:\/\/hapijournal.com\/2019\/12\/22\/%d8%b9%d9%85%d8%b1%d9%88-%d8%b3%d9%84%d9%8a%d9%85%d8%a7%d9%86-%d8%aa%d8%ae%d9%81%d9%8a%d8%b6%d8%a7%d8%aa-%d9%85%d8%aa%d9%88%d9%82%d8%b9%d8%a9-%d9%85%d9%86-%d8%b4%d8%b1%d9%83%d8%a7%d8%aa-%d8%a7%d9%84\/\">Hapi Journal<\/a> reports.<\/p>\n<div class=\"stand-out\">\n<p><strong>*** Tell us what you think will happen in 2020 and maybe we\u2019ll send you an Enterprise <\/strong><strong>mug and our very own coffee:<\/strong> Every year we ask you, our readers, to weigh in on what you expect for the year ahead: Are you investing? Do you plan to hire new staff in 2020? How do you think the EGP will perform? What\u2019s your take on interest rates? Tell us, and we\u2019ll share the results with the entire community in early January to help you shape your view of the year. The survey is quick, we promise.<\/p>\n<p><strong><a href=\"https:\/\/www.surveymonkey.com\/r\/R32N7VR\">You can take the Enterprise Reader Poll here<\/a><\/strong><strong>.<\/strong><\/p>\n<\/div>\n<p class=\"web-image stand-out-borderless\"><a href=\"http:\/\/somabay.com\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/12\/2715.jpeg?ssl=1\" alt=\"enterprise\" \/><\/a><\/p>\n<p><strong>PSA- Roll up your windows and be careful on the road:<\/strong> <a href=\"https:\/\/www.facebook.com\/ema.gov.eg\/photos\/a.1606698572698165\/2926137830754226\/?type=3&theater\">The national weather service<\/a> is warning of \u201cturbulent weather,\u201d including a potential sand storm, rolling across the country this week. You can expect daytime highs today of 20\u00b0C and an overnight low of 11\u00b0C. Our favourite weather app is warning that the sand storm could hit tomorrow.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/11\/CIRA-Blackboard-Banner-B.jpg?ssl=1\" alt=\"enterprise\" \/><\/p>\n<p><strong>*** It\u2019s Blackboard day: <\/strong>Our every Monday look at<strong> the business of education in <\/strong>Egypt, from pre-K through the highest reaches of higher ed, focuses this week on Egypt\u2019s edtech startups and how they can help tackle its education system\u2019s problems, if only they had the funding.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the cabinet table and a handful of surprises, including Prime Minister Moustafa Madbouly being tapped to drum up investment in all of its flavors. We have chapter and verse in this morning\u2019s Speed Round, below. We also have a very busy news morning on [&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":[144,204,3635,72,7087,343,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-591965","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-automotive","tag-banking","tag-cabinet-shuffle","tag-enterpriseam","tag-finance","tag-regulation","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"8ac276fa-8d08-44bf-82b6-cbac5578e689","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[591963],"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>What we\u2019re tracking on Monday, 23 December 2019 - 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\/2019\/12\/23\/what-were-tracking-on-monday-23-december-2019\/\" \/>\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 Monday, 23 December 2019\" \/>\n<meta property=\"og:description\" content=\"The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the cabinet table and a handful of surprises, including Prime Minister Moustafa Madbouly being tapped to drum up investment in all of its flavors. 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Now\u2019s the time to go to Egypt, which\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":652935,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/23\/what-were-tracking-this-week-222\/","url_meta":{"origin":591965,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"23 January 2017","format":false,"excerpt":"Could the House of Representatives finalize the cabinet shuffle this week? If the cabinet shuffle were a high school gossip column, Al Shorouk would be running it. Its army of anonymous sources (which today claim to come from the cabinet) tell it that the list of candidates for the shuffle\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593409,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/27\/what-were-tracking-on-27-november-2019\/","url_meta":{"origin":591965,"position":3},"title":"What we\u2019re tracking on 27 November 2019","author":"enterpriseam admin","date":"27 November 2019","format":false,"excerpt":"The nature and timing of an expected cabinet shuffle continues to be the top story about Egypt in the minds of the chattering class. The most significant development in the past 24 hours is a proposal by House Deputy Speaker Soliman Wahdan to resurrect the former Ministry of Information (which\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":653066,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/what-were-tracking-this-week-224\/","url_meta":{"origin":591965,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"The new Ismail cabinet lineup will be announced this week, Cabinet spokesman Ambassador Ashraf Sultan said in a phone-in to Al Hadath Al Youm\u2019s Khat Ahmar. According to Sultan, discussions on the incoming ministers remain ongoing and there remains a possibility that some ministries will be merged. Apart from that,\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650948,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/ismail-to-unveil-new-cabinet-on-thursday-at-least-one-economic-minister-said-to-be-exiting-sources\/","url_meta":{"origin":591965,"position":5},"title":"Ismail to unveil new cabinet on Thursday, at least one economic minister said to be exiting \u2013Sources","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"Prime Minister Sherif Ismail will present his new cabinet lineup to the House of Representatives on Thursday, parliamentary sources told Yahduth Fi Masr\u2019s Sherif Amer. The incoming ministers are expected to take oath early next week. Al Masry Al Youm had quoted Ismail yesterday as having told House Speaker Ali\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\/591965","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=591965"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/591965\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/591963"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=591965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=591965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=591965"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=591965"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=591965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}