{"id":599310,"date":"2019-06-25T04:00:06","date_gmt":"2019-06-25T04:00:06","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/"},"modified":"2019-06-25T04:00:06","modified_gmt":"2019-06-25T04:00:06","slug":"what-were-tracking-on-25-june-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/","title":{"rendered":"What we\u2019re tracking on 25 June 2019"},"content":{"rendered":"<p><b>The Trump administration\u2019s long-awaited Palestinian economic development workshop kicks-off today in Manama, Bahrain <\/b>and will surely dominate regional headlines toady and tomorrow. Egypt, Jordan, Morocco and the Gulf states will all be attending the event, which is being held to discuss the USD 50 bn economic development plan due to be unveiled by White House advisor Jared Kushner on Saturday.<\/p>\n<p><b>Egypt has broken its silence on the proposal,<\/b> with Foreign Minister Sameh Shoukry making a series of measured statements on the Trump plan during an interview in Moscow yesterday. He suggested that Egypt would \u201clisten\u201d and \u201cevaluate\u201d before taking any decisions. We have more in this morning\u2019s Speed Round, below.<\/p>\n<p><b>Prime Minister Moustafa Madbouly is still in Germany<\/b>, where he has presided over the signing of several agreements to bring German business to Egypt. Chief among them: Mercedes-Benz and Bosch. Madbouly will attend the <a href=\"https:\/\/business.ghorfa.de\">Arab-German Business Forum in Berlin<\/a> today; the gathering runs 25-27June. We have more in this morning\u2019s Speed Round, below.<\/p>\n<p><b>Also coming up:<\/b><\/p>\n<ul>\n<li><b>US Fed boss Jay Powell speaks <\/b>this evening (CLT) in New York in what look set to be some of his most closely-watched remarks so far this year. Is a <a href=\"https:\/\/www.cnbc.com\/2019\/06\/19\/traders-are-pricing-in-a-100percent-chance-of-at-least-one-fed-rate-cut-in-july.html\">July rate cut<\/a> in the offing?<\/li>\n<li><b>The G-20 summit takes place this weekend<\/b> in Osaka, Japan, running 28-29 June. Among the expected highlights: Donald Trump and Xi Jinping are due to have a chat. Check the <a href=\"https:\/\/g20.org\/en\/\">gathering\u2019s website here<\/a>.<\/li>\n<li><b>Our friends at AmCham will be hosting Electricity Minister Mohamed Shaker<\/b> at their monthly luncheon on Tuesday, 2 July. <a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fcyberlink%2Fevents%2Fregister%2F1214\">You can register for the event here<\/a>. <\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><b>The Pharaohs are back in action tomorrow:<\/b> Egypt will play their second Afcon group game tomorrow when they take on DR Congo at 10pm at Cairo International Stadium<b>.<\/b> The Pharaohs edged out Zimbabwe on Friday, winning 1-0 in the opening game of the tournament. They could do with scoring a few more goals, as Uganda currently top the group on goal differential. Check the <a href=\"https:\/\/www.cafonline.com\/total-africa-cup-of-nations\/standings\/\">standings here<\/a>, or visit the <a href=\"https:\/\/www.cafonline.com\/total-africa-cup-of-nations\/\">Afcon website here<\/a>.<\/p>\n<hr class=\"grey-line\">\n<p><b>Trump is running out of things to sanction:<\/b> US President Donald Trump yesterday announced new sanctions that effectively block Iran\u2019s Supreme Leader Ali Khamenei and eight military commanders from accessing the international financial system, the <a href=\"https:\/\/www.nytimes.com\/2019\/06\/24\/us\/politics\/iran-sanctions.html\">New York Times<\/a> reports. The news will likely be greeted by a shrug in Tehran, given that the Iranian leadership has for years avoided international banks. The <a href=\"https:\/\/www.wsj.com\/articles\/trump-to-impose-new-sanctions-on-iran-11561391817\">WSJ<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/3377064e-9675-11e9-9573-ee5cbb98ed36\">FT<\/a> have more.<\/p>\n<p><b>A drone attack on Abha civilian airport in southern Saudi Arabia<\/b> by Yemen\u2019s Houthi movement killed one person and wounded 21 others on Sunday, <a href=\"https:\/\/www.reuters.com\/article\/us-yemen-security\/yemens-houthis-say-launch-drone-attacks-against-saudi-arabias-abha-and-jizan-airports-idUSKCN1TO0SH\">Reuters reports<\/a>. Egypt\u2019s foreign ministry <a href=\"https:\/\/bit.ly\/2Lel6K7\">condemned the attack in a statement<\/a>, expressing solidarity with Saudi Arabia\u2019s government and people.<\/p>\n<hr class=\"grey-line\">\n<p><b>Three from the international business press <\/b>worth a quick look this morning:<\/p>\n<ul>\n<li><b>Hassan Heikal would be proud: <\/b>A group of US bn\u2019aires is proposing a wealth tax on the ultra-rich. Facebook co-founder Chis Hughes and hedgie George Soros are among those calling for a tax on the assets of the wealthiest 0.1% of the United States. You can <a href=\"https:\/\/medium.com\/@letterforawealthtax\/an-open-letter-to-the-2020-presidential-candidates-its-time-to-tax-us-more-6eb3a548b2fe\">read their open letter here<\/a> and check out <a href=\"https:\/\/www.ft.com\/content\/2d643444-9692-11e9-8cfb-30c211dcd229\">the FT\u2019s coverage here<\/a>.<\/li>\n<li><b>A robot may not take your job, but it could become your boss. <\/b>Case in point: the AI that\u2019s already telling customer service reps at an insurance company to talk slower, sound less sleepy and be more empathetic. (<a href=\"https:\/\/www.nytimes.com\/2019\/06\/23\/technology\/artificial-intelligence-ai-workplace.html\">NYT<\/a>)<\/li>\n<li><b>Are digital banks challenging HSBC\u2019s dominance in Hong Kong<\/b>, where \u201c<a href=\"https:\/\/www.ft.com\/content\/188d4480-8cb4-11e9-a1c1-51bf8f989972\">eight new digital-only upstarts<\/a> have been granted virtual banking licenses\u201d by the Hong Kong Monetary Authority? The new entrants will launch over the next 6-9 months.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><b>In miscellany this morning:<\/b><\/p>\n<ul>\n<li><b>Sign of the times: Being transgender at Goldman Sachs<\/b>, on how an employee in the bank\u2019s \u201cbuttoned-up communications department became herself at work.\u201d (<a href=\"https:\/\/www.nytimes.com\/2019\/06\/21\/business\/goldman-transgender.html\">New York Times<\/a>)<\/li>\n<li><b>It\u2019s OK to feel ambivalent about your children<\/b>: \u201cBoredom and loss of identity are common emotions among parents. The problem starts when they are left unexpressed.\u201d (<a href=\"https:\/\/www.wsj.com\/articles\/its-okay-to-feel-ambivalent-about-your-children-11561109407\">Wall Street Journal<\/a>)<\/li>\n<li><b>The land where the internet ends<\/b>: \u201cTo find real solitude, you have to go out of range. But every year that\u2019s harder to do, as America\u2019s off-the-grid places disappear.\u201d Not an Egypt problem in fact, but certainly one in spirit. (<a href=\"https:\/\/www.nytimes.com\/2019\/06\/21\/opinion\/sunday\/wifi-wilderness-privacy-reserves.html\">New York Times<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The Trump administration\u2019s long-awaited Palestinian economic development workshop kicks-off today in Manama, Bahrain and will surely dominate regional headlines toady and tomorrow. Egypt, Jordan, Morocco and the Gulf states will all be attending the event, which is being held to discuss the USD 50 bn economic development plan due to be unveiled by White House [&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":[473,72,125,301,219,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599310","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-bahrain","tag-enterpriseam","tag-investment-watch","tag-sameh-shoukry","tag-saudi-arabia","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"aa8c47a0-7e91-4241-b176-8c025550a30c","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599308],"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 25 June 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\/06\/25\/what-were-tracking-on-25-june-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 25 June 2019\" \/>\n<meta property=\"og:description\" content=\"The Trump administration\u2019s long-awaited Palestinian economic development workshop kicks-off today in Manama, Bahrain and will surely dominate regional headlines toady and tomorrow. Egypt, Jordan, Morocco and the Gulf states will all be attending the event, which is being held to discuss the USD 50 bn economic development plan due to be unveiled by White House [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-06-25T04:00:06+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 25 June 2019\",\"datePublished\":\"2019-06-25T04:00:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/\"},\"wordCount\":710,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Bahrain\",\"EnterpriseAM\",\"investment watch\",\"Sameh Shoukry\",\"Saudi Arabia\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/06\/25\/what-were-tracking-on-25-june-2019\/\",\"name\":\"What we\u2019re tracking on 25 June 2019 - 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The gathering runs\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/2906.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":600462,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/30\/what-were-tracking-this-week-and-beyond-13\/","url_meta":{"origin":599310,"position":1},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"30 January 2019","format":false,"excerpt":"Foreign Minister Sameh Shoukry will head to Jordan today to attend a ministerial consultative meeting on Thursday to discuss key regional issues, according to a ministry statement.","rel":"","context":"In &quot;Up Next&quot;","block_context":{"text":"Up Next","link":"https:\/\/enterpriseam.com\/egypt\/category\/up-next\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652068,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/what-were-tracking-on-28-february-2017-shoukry-tillerson-meet-sadat-is-booted-from-the-house\/","url_meta":{"origin":599310,"position":2},"title":"What we\u2019re tracking on 28 February 2017: Shoukry-Tillerson meet; Sadat is booted from the House","author":"enterpriseam admin","date":"28 February 2017","format":false,"excerpt":"Sameh Shoukry in DC: Foreign Minister Sameh Shoukry met with US Secretary of State Rex Tillerson in Washington, DC, on Monday. The two talked about a re-set of US-Egyptian relations, with Tillerson reportedly saying the US will increase aid to Egypt to support its ongoing war against terror, Youm7 reports.\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\/2017\/2\/468.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":624582,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/13\/what-were-tracking-on-13-september-2018\/","url_meta":{"origin":599310,"position":3},"title":"What we\u2019re tracking on 13 September 2018","author":"enterpriseam admin","date":"13 September 2018","format":false,"excerpt":"Shoukry in Asmara: Egypt\u2019s Foreign Minister Sameh Shoukry is in Asmara, Eritrea, today in a visit to boost bilateral relations, FM spokesman Ahmed Abu Zeid said in a statement yesterday. The visit comes the same week that Ethiopia and Eritrea re-opened their border for the first time in 20 years\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":621567,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/12\/foreign-minister-meets-bahraini-pm-king-on-sidelines-of-egyptian-bahraini-committee\/","url_meta":{"origin":599310,"position":4},"title":"Foreign Minister meets Bahraini PM, King on sidelines of Egyptian-Bahraini committee","author":"enterpriseam admin","date":"12 November 2018","format":false,"excerpt":"Foreign Minister Sameh Shoukry met yesterday with Bahraini Prime Minister Khalifa bin Salman Al Khalifa on the sidelines of a meeting of the Egyptian-Bahraini Joint Committee in Manama, according to a Foreign Ministry statement. The two leaders discussed enhancing cooperation in the fields of energy, entrepreneurship, and technology. Egypt and\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","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":650242,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/20\/what-were-tracking-this-week-198\/","url_meta":{"origin":599310,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"20 March 2017","format":false,"excerpt":"Date for El Sisi\u2019s visit to DC set? President Abdel Fattah El Sisi will be visiting Washington D.C. on 3 April to meet US President Donald Trump, according to Reuters, citing an unnamed White House official. Foreign Minister Sameh Shoukry will be flying to Washington on Wednesday to attend a\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599310","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=599310"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599310\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599308"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599310"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599310"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599310"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599310"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599310"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}