{"id":601056,"date":"2019-02-18T04:10:11","date_gmt":"2019-02-18T04:10:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/18\/what-were-tracking-this-week-and-beyond-23\/"},"modified":"2019-02-18T04:10:11","modified_gmt":"2019-02-18T04:10:11","slug":"what-were-tracking-this-week-and-beyond-23","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/18\/what-were-tracking-this-week-and-beyond-23\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"<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>The Egyptian data <b>satellite Egypt Sat A<\/b> will be launched on 21 February, <a href=\"https:\/\/www.alborsaanews.com\/2019\/02\/16\/1178327\">local press reported<\/a>. The satellite manufactured in Russia in cooperation with Egypt will be launched from Russian spaceport Baikonur in Kazakhstan.<\/p>\n<p>The EGP 500 mn first section of the <b>fourth phase of Cairo Metro Line 3<\/b> will open by the end of this week, <a href=\"https:\/\/akhbarelyom.com\/news\/newdetails\/2806160\/1\/%D9%85%D8%B5%D8%A7%D8%AF%D8%B1-%D8%AA%D9%83%D8%B4%D9%81-%D9%85%D9%88%D8%B9%D8%AF-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-4-%D9%85%D8%AD%D8%B7%D8%A7%D8%AA-%D8%AC%D8%AF%D9%8A%D8%AF%D8%A9-%D9%84%D9%84%D9%85%D8%AA%D8%B1%D9%88\">Akhbar El Yom reports<\/a>.<\/p>\n<p><b>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 talk to initiate the uninitiated on blockchain and its uses outside 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>100 leaders of the biggest Saudi companies are expected to attend a Cairo meeting of the Saudi Egyptian Business Council<\/b> on 23 February, <a href=\"https:\/\/www.alborsaanews.com\/2019\/02\/14\/1178060\">according to the domestic press<\/a>. The meeting is expected to discuss ways to further cooperation in infrastructure and agriculture projects as well as how to make the best of Egypt\u2019s one year presidency of the African Union.<\/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<p><b>Expect draft law to regulate real estate developers in two months:<\/b> The final draft of proposed legislation which will regulate real estate development should be ready in two months\u2019 time, Prime Minister Moustafa Madbouly <a href=\"http:\/\/www.cabinet.gov.eg\/Arabic\/MediaCenter\/CabinetNews\/Pages\/-Real-Estate-Development-Law.aspx\">instructed relevant officials<\/a>. The proposed legislation is pending approval from the House of Representatives\u2019 Housing Committee.<\/p>\n<p>Egypt has been tapped to host the <b>2020 Sustainable Blue Economy water security conference<\/b>, according to a report in the <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1370704\">domestic press.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Antitrust ruling: The Cairo Economic Court is due to deliver a decision on an appeal by pharma distributors of an antitrust fine on Tuesday. The Egyptian data satellite Egypt Sat A will be launched on 21 February, local press reported. The satellite manufactured in Russia in cooperation with Egypt will be launched from Russian spaceport [&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":[7106,168,72,203,1318,125,963,180,427,83,219,320,639,238,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-601056","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-debt","tag-diplomacy","tag-enterpriseam","tag-entrepreneurship","tag-fiscal-policy","tag-investment-watch","tag-law","tag-legislation","tag-pharma","tag-real-estate","tag-saudi-arabia","tag-security","tag-technology","tag-tourism","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"9f0ad39d-609c-47cd-9075-98554138eae5","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[601036],"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\/18\/what-were-tracking-this-week-and-beyond-23\/\" \/>\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=\"Antitrust ruling: The Cairo Economic Court is due to deliver a decision on an appeal by pharma distributors of an antitrust fine on Tuesday. The Egyptian data satellite Egypt Sat A will be launched on 21 February, local press reported. 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A Cairo Economic Court had found in March that Ibnsina, along with competitors United Co. for Pharmacists,\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601203,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/21\/ibnsina-antitrust-fine-reduced-to-egp-160-mn-from-egp-2-04-bn\/","url_meta":{"origin":601056,"position":2},"title":"Ibnsina antitrust fine reduced to EGP 160 mn from EGP 2.04 bn","author":"enterpriseam admin","date":"21 February 2019","format":false,"excerpt":"DISPUTE WATCH- Ibnsina confirms antitrust fine reduced to EGP 160 mn from EGP 2.04 bn: Ibnsina Pharma confirmed yesterday in an EGX disclosure (pdf) that a Cairo appeals court has reduced to EGP 160 mn an original EGP 2.04 bn antitrust fine handed by the Cairo Economic Court. \u201cIbnsina Pharma\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\/2\/710.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603406,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/22\/ibnsina-lodges-appeal-with-egypts-court-of-cassation-to-further-reduce-antitrust-fine\/","url_meta":{"origin":601056,"position":3},"title":"Ibnsina lodges appeal with Egypt\u2019s Court of Cassation to further reduce antitrust fine","author":"enterpriseam admin","date":"22 April 2019","format":false,"excerpt":"DISPUTE WATCH- Ibnsina lodges appeal with Court of Cassation to further reduce antitrust fine: Ibnsina Pharma has filed an appeal with the Court of Cassation (the nation\u2019s highest court of appeals) against a lower court decision that cut an EGP 2 bn antitrust fine to EGP 160 mn, the company\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600861,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/12\/what-were-tracking-this-week-and-beyond-20\/","url_meta":{"origin":601056,"position":4},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"12 February 2019","format":false,"excerpt":"The central bank\u2019s Monetary Policy Committee will meet to decide on interest rates on Thursday. The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between 15-17 February, Al Mal reports.Suez Canal Authority boss Mohab Mamish will be in Moscow on February 17\u2026","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":600904,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/what-were-tracking-this-week-and-beyond-21\/","url_meta":{"origin":601056,"position":5},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"The central bank\u2019s Monetary Policy Committee will meet to decide on interest rates on Thursday. The EGP 500 mn first part of the fourth phase of Cairo Metro Line 3 will open between 15-17 February, Al Mal reports.Suez Canal Authority boss Mohab Mamish will be in Moscow on 17 February\u2026","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601056","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=601056"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/601056\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/601036"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=601056"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=601056"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=601056"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=601056"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=601056"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}