{"id":600949,"date":"2019-02-14T04:04:38","date_gmt":"2019-02-14T04:04:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/what-were-tracking-this-week-and-beyond-22\/"},"modified":"2019-02-14T04:04:38","modified_gmt":"2019-02-14T04:04:38","slug":"what-were-tracking-this-week-and-beyond-22","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/14\/what-were-tracking-this-week-and-beyond-22\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"<p><b>The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 <\/b>will open between tomorrow and Sunday, <a href=\"https:\/\/www.almalnews.com\/Story\/410618\/58\/%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D8%A7%D9%84%D9%85%D8%B1%D8%AD%D9%84%D8%A9-%D8%A7%D9%84%D8%B1%D8%A7%D8%A8%D8%B9%D8%A9-%D9%84%D9%84%D8%AE%D8%B7-%D8%A7%D9%84%D8%AB%D8%A7%D9%84%D8%AB-%D9%84%D9%84%D9%85%D8%AA%D8%B1%D9%88-%D9%88%C2%AB%D8%A7%D9%84%D9%85%D8%B1%D8%AC-%D8%A7%D9%84%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9%C2%BB-17-%D9%81%D8%A8%D8%B1%D8%A7%D9%8A%D8%B1\">Al Mal reports<\/a>.<\/p>\n<p><b>Suez Canal Authority boss Mohab Mamish will be in Moscow on Sunday <\/b>to move forward an agreement on a USD 7 bn Russian Industrial Zone, <a href=\"https:\/\/www.almalnews.com\/Story\/409617\/15\/-%D9%85%D9%85%D9%8A%D8%B4-%D9%8A%D8%AA%D9%88%D8%AC%D9%87-%D9%84%D8%B1%D9%88%D8%B3%D9%8A%D8%A7-%D9%84%D8%A7%D8%B3%D8%AA%D9%83%D9%85%D8%A7%D9%84-%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%83%D9%8A%D8%A7%D9%86-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D9%86%D8%B7%D9%82%D8%A9-%D8%A7%D9%84%D8%B5%D9%86%D8%A7%D8%B9%D9%8A%D8%A9\">Al Mal reports<\/a>.<\/p>\n<p><b>Antitrust ruling: <\/b>The Cairo Economic Court is <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/24\/correction-ruling-on-pharma-corruption-case\/\">due to deliver a decision<\/a> on an <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/\">appeal<\/a> by pharma distributors of an antitrust fine on Tuesday.<\/p>\n<p><b>UN, IBM, Egypt tech innovation center to host blockchain-focused talk:<\/b> The UN Technology Innovation Lab Egypt, Egypt Technology Innovation & Entrepreneurship Center, UNDP, and IBM Egypt are hosting on Tuesday, 26 February a TechNovation Talk to initiate the uninitiated on blockchain and its uses outside the realm of cryptocurrencies. You can find more details and <a href=\"https:\/\/unite.un.org\/techevents\/UNTIL_Egypt_blockchain\">register for the event here<\/a>.<\/p>\n<p><b>Pension funds\u2019 investment mechanisms on the PM\u2019s desk within days,<\/b> <a href=\"https:\/\/www.alborsaanews.com\/2019\/02\/13\/1177439\">sources told local press<\/a>. A new entity will be established to invest the pensions money as part of the new pensions but no further details were provided.<\/p>\n<p><b>A Russian delegation will visit Sharm El Sheikh and Hurghada airports<\/b> in the second half of February to run a final security sweep ahead of a decision on whether to allow the resumption of direct flights, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1366800\">AMAY reports<\/a>.<\/p>\n<p><b>The gov\u2019t will begin rolling out its <\/b><a href=\"https:\/\/enterprise.press\/stories\/2019\/01\/10\/finance-ministry-drafts-more-realistic-comprehensive-debt-strategy-raises-egypts-public-debt-targets\/\"><b>debt control strategy<\/b><\/a><b> next month, <\/b>Finance Minister <a href=\"https:\/\/www.almalnews.com\/Story\/410899\/15\/%D8%A7%D9%84%D8%AD%D9%83%D9%88%D9%85%D8%A9-%D8%AA%D8%A8%D8%AF%D8%A3-%D8%A7%D8%B3%D8%AA%D8%B1%D8%A7%D8%AA%D9%8A%D8%AC%D9%8A%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%B7%D8%B1%D8%A9-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%AF%D9%8A%D9%86-%D8%A7%D9%84%D8%B9%D8%A7%D9%85-%D8%A7%D9%84%D8%B4%D9%87%D8%B1-\">Mohamed Maait told Al Mal<\/a>. The four-year strategy aims to bring down Egypt\u2019s public debt to 80-85% of GDP by the end of FY2021-22. Maait had <a href=\"http:\/\/www.mof.gov.eg\/Arabic\/MOFNews\/Media\/Pages\/release-a-3-2-2019.aspx\">previously said<\/a> the strategy would be presented to President Abdel Fattah El Sisi in March.<\/p>\n<p><b>Execs from 50 Japanese companies will be in Cairo in March<\/b> to discuss potential investment opportunities, <a href=\"https:\/\/www.youm7.com\/story\/2019\/2\/6\/%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D9%8A%D8%A7%D8%A8%D8%A7%D9%86-%D8%A8%D8%A7%D9%84%D9%82%D8%A7%D9%87%D8%B1%D8%A9-%D9%88%D9%81%D8%AF-%D9%8A%D8%B6%D9%85-50-%D8%B4%D8%B1%D9%83%D8%A9-%D9%8A%D8%A7%D8%A8%D8%A7%D9%86%D9%8A%D8%A9-%D9%83%D8%A8%D8%B1%D9%89-%D9%8A%D8%B2%D9%88%D8%B1\/4130794\">Youm7 reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between tomorrow and Sunday, Al Mal reports. Suez Canal Authority boss Mohab Mamish will be in Moscow on Sunday to move forward an agreement on a USD 7 bn Russian Industrial Zone, Al Mal reports. Antitrust ruling: The [&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":[9409],"tags":[82,7106,72,7111,125,963,180,145,724,427,151,320,190,234,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600949","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-bonds","tag-debt","tag-enterpriseam","tag-infrastructure","tag-investment-watch","tag-law","tag-legislation","tag-logistics","tag-monetary-policy","tag-pharma","tag-renewables","tag-security","tag-social-welfare","tag-travel","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"290ec5a7-37a6-4fcb-80c7-1bf9fb4c225d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600935],"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 this week and beyond - 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\/02\/14\/what-were-tracking-this-week-and-beyond-22\/\" \/>\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 this week and beyond\" \/>\n<meta property=\"og:description\" content=\"The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between tomorrow and Sunday, Al Mal reports. 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The club has set its share price at EGP 1.02, and investors buying in must purchase between 1k and 2 mn\u2026","rel":"","context":"In &quot;IPO&quot;","block_context":{"text":"IPO","link":"https:\/\/enterpriseam.com\/egypt\/category\/business\/ipo-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/192.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597146,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/17\/egypts-e-payments-platform-fawrys-ipo-roadshow-to-kick-off-sunday\/","url_meta":{"origin":600949,"position":1},"title":"Egypt\u2019s e-payments platform Fawry\u2019s IPO roadshow to kick off Sunday","author":"enterpriseam admin","date":"17 July 2019","format":false,"excerpt":"IPO WATCH- Fawry roadshow to kick off Sunday: EFG Hermes is kicking off a roadshow for local asset managers this Sunday for the upcoming Fawry IPO, a source close to the matter told the press. A roadshow for UAE and London-based investors is set to begin later in the week.\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\/2020\/2\/259.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594201,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/22\/nat-plans-to-auction-shopping-mall-in-heliopolis-metro-station-next-year\/","url_meta":{"origin":600949,"position":2},"title":"NAT plans to auction shopping mall in Heliopolis metro station next year","author":"enterpriseam admin","date":"22 October 2019","format":false,"excerpt":"The National Authority For Tunnels (NAT) plans to issue an auction for the design and construction of a shopping mall inside the Heliopolis metro station next year, according to Al Mal. The Transport Ministry inaugurated the metro station, which is the largest in the Middle East, on Sunday.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591589,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/10\/national-bank-of-egypt-seeks-cbes-approval-to-establish-a-digital-bank-next-year\/","url_meta":{"origin":600949,"position":3},"title":"National Bank of Egypt seeks CBE's approval to establish a digital bank next year","author":"enterpriseam admin","date":"10 December 2019","format":false,"excerpt":"The National Bank of Egypt is seeking approval from the Central Bank of Egypt to establish a digital bank in 2020, Deputy Chairman Yehia Aboul Fotouh said during a conference on Sunday, according to Masrawy.","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593976,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/four-egyptian-riders-secure-spot-for-showjumping-at-2020-olympics\/","url_meta":{"origin":600949,"position":4},"title":"Four Egyptian riders secure spot for showjumping at 2020 Olympics","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Egypt secured its spot for showjumping at the 2020 Olympics next summer after a team of four riders won the Nations Cup in Morocco on Sunday, according to King Fut.","rel":"","context":"In &quot;Sports&quot;","block_context":{"text":"Sports","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/_newspack_sports\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":551423,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/16\/this-evening-fawrys-grows-all-its-revenue-streams-in-1q2022-boe-raises-interest-rates-to-1-25-amid-high-inflation-mps-to-vote-on-the-budget-next-week\/","url_meta":{"origin":600949,"position":5},"title":"THIS EVENING: Fawry\u2019s grows all its revenue streams in 1Q2022 + BoE raises interest rates to 1.25% amid high inflation + MPs to vote on the budget next week","author":"enterpriseam admin","date":"16 June 2022","format":false,"excerpt":"Happy THURSDAY, friends. We\u2019ve made it through another rather busy week that\u2019s ending on a relatively quiet note at home.THE BIG STORY TODAY Fawry grew its revenue streams in 1Q2022, but saw a dip in its bottom line from nonrecurring items: Fawry\u2019s net income fell 63% y-o-y in 1Q2022 to\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"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\/600949","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=600949"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/600949\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/600935"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=600949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=600949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=600949"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=600949"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=600949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}