{"id":603307,"date":"2019-04-18T04:00:36","date_gmt":"2019-04-18T04:00:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/"},"modified":"2019-04-18T04:00:36","modified_gmt":"2019-04-18T04:00:36","slug":"what-were-tracking-on-18-april-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/","title":{"rendered":"What we\u2019re tracking on 18 April 2019."},"content":{"rendered":"<p><b>Look for purple fingers this weekend <\/b>as we head to the polls to vote on the <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/17\/mps-vote-overwhelmingly-in-favor-of-constitutional-amendments\/\">proposed constitutional amendments<\/a>. Polls open on Saturday, 20 April and will close in the evening on Monday. Expats start voting tomorrow, with polls closing on Sunday. You can read the statement by the <a href=\"https:\/\/www.elections.eg\/images\/pdfs\/decrees\/nea-decree-ref19-26_2019.pdf?fbclid=IwAR3Q0cqb2kEpUArBkXBUlStF3uQx8zNbgbXwtXCWAa8b5-To3xXNPMi3pas\">National Elections Authority here<\/a>.<\/p>\n<p><b>An Egyptian delegation is in New York for the UN Financing for Development Forum,<\/b> which will wrap up today, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/1233720126806350?__tn__=K-R\">cabinet statement.<\/a> The delegation, led by Nada Massoud, economic advisor to Planning Minister Hala El Said, is there to discuss sustainable development policies and put the spotlight on the Benban solar park in Aswan.<\/p>\n<p>[<em><strong>Correction:<\/strong> The version of this story in our email edition incorrectly stated that the delegation was led by Hala El Said.<\/em><span style=\"text-decoration: underline;\">]<\/span><\/p>\n<p><b>Things we\u2019re keeping our eye on next week:<\/b><\/p>\n<ul>\n<li><b>The <\/b><a href=\"http:\/\/www.rtise-emea.com\/en\/index.php\/en\/\"><b>RT Imaging Summit & Expo-EMEA<\/b><\/a><b> will take place<\/b> at the InterContinental City Stars, Nasr City, on Sunday, 21 April.<\/li>\n<li><b>The two-day <\/b><a href=\"http:\/\/www.egyptcsrforum.com\/\"><b>Egypt CSR Summit<\/b><\/a><b> will also get underway<\/b> at the InterContinental on 21 April.<\/li>\n<li><b>The Fairmont Nile City Hotel will host a SME Corporate Governance Worksho<\/b>p on 23-24 April.<\/li>\n<li>President Abdel Fattah El Sisi will be in Beijing for China\u2019s <a href=\"http:\/\/www.beltandroad2019.com\/english\/\">Belt and Road Forum for International Cooperation<\/a>. The gathering takes place on 25 April.<\/li>\n<\/ul>\n<p><b>The long-awaited Mueller report into Russian interference in US elections will be publicly released today,<\/b> albeit in a redacted form. A separate version with fewer redactions will be given to Congress, <a href=\"https:\/\/edition.cnn.com\/2019\/04\/17\/politics\/redacted-mueller-report-congress\/index.html\">according to CNN.<\/a> Attorney-General William Barr last month announced that Mueller had not found any evidence of <a href=\"https:\/\/abcnews.go.com\/Politics\/mueller-report-guide-collusion-learn\/story?id=62456302\">collusion<\/a> between the Russians and the campaign of US President Donal Trump during the 2016 US election<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Federal-Reserve-1600px.jpg?ssl=1\" \/><\/p>\n<p><b>Is the Fed done raising interest rates?<\/b> A closely watched poll from the Bank of America Merrill Lynch has a slim majority of fund managers saying they believe the Federal Reserve has finished its rate hike cycle, <a href=\"https:\/\/www.ft.com\/content\/c8f158b4-60d8-11e9-b285-3acd5d43599e\">according to the FT<\/a>. The poll of 187 managers, who collectively have AUM of some USD 547 bn, is widely considered to be a litmus test of investor sentiment.<\/p>\n<p><b>Will the IPO of two unicorns in the US today hit the \u201creset\u201d button on sentiment?<\/b> Pinterest and lesser-known videoconferencing platform <a href=\"https:\/\/zoom.us\">Zoom<\/a> (which we\u2019ve used successfully here at Enterprise) are making their public market debuts today, <a href=\"https:\/\/www.wsj.com\/articles\/pinterest-and-zoom-to-test-ipo-market-after-lyfts-stumble-11555493401\">according to the WSJ<\/a>. The companies priced their shares yesterday at <a href=\"https:\/\/www.wsj.com\/articles\/pinterest-and-zoom-to-test-ipo-market-after-lyfts-stumble-11555493401\">USD 19<\/a> and <a href=\"https:\/\/techcrunch.com\/2019\/04\/17\/zoom-the-profitable-tech-unicorn-prices-ipo-above-range\/\">USD 36<\/a>, respectively. 2019 is shaping up to be a banner year for IPOs, but with <a href=\"https:\/\/enterprise.press\/stories\/2019\/04\/03\/what-were-tracking-on-03-april-2019\/\">Lyft\u2019s shaky offering<\/a> earlier this month, how Pinterest and Zoom fare will be a key bellwether moments for assessing the IPO market going forward.<\/p>\n<p class=\"web-image\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/550.jpg?ssl=1\" \/><\/p>\n<p><b>To round off our week of death-by-robots stories:<\/b> Artificial intelligence will pose a growing threat to economic growth in the developing world as more jobs are lost to automation and robotic technologies \u2014 so says Oxford professor Ian Goldin in this <a href=\"https:\/\/www.bbc.com\/news\/business-47852589\">BBC piece<\/a>. Automation will present a growing challenge for policymakers in the coming years, particularly in developing economies that can\u2019t afford the luxury of the kind of social programs currently being debated in some Western capitals.<\/p>\n<p><b>The smart policy:<\/b> Policymakers should start planning ahead and finding ways to integrate new technologies into the economy at the lowest possible human cost. In other words: EM growth by investment in medium weight, medium tech, export-led growth may be dead.<\/p>\n<p class=\"web-image\"><a href=\"http:\/\/time.com\/collection\/100-most-influential-people-2019\/5567841\/mohamed-salah\/\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2019\/4\/2757.jpg?ssl=1\" \/><\/a><\/p>\n<p><b>Mohamad Salah is on the cover of <\/b><a href=\"http:\/\/time.com\/collection\/100-most-influential-people-2019\/5567841\/mohamed-salah\/\"><b>Time Magazine\u2019s 100 most influential people of 2019<\/b><\/a>. John Oliver wrote a glowing blurb about Salah, proving once again that the national treasure is one reliable reason for the Western press to write fondly of Egypt. Salah is joined by \u2018the other Egyptian,\u2019 actor Rami Malek, alongside Donald Trump, Michelle Obama, and Taylor Swift.<\/p>\n<p><b>PSA #1- The EGX has a two-day work week the week after next<\/b>. The <a href=\"http:\/\/www.egx.com.eg\/ar\/BulletinNews.aspx?BCODE=42965&All=\">EGX confirmed yesterday<\/a> it will be closed from 25-29 April (Thursday-Monday) in observance of Sinai Liberation Day, Coptic Easter, and Sham El Nessim. The market will reopen on Tuesday, 30 April, and close once again on Wednesday, 1 May for Labor Day. It\u2019s back to business as usual on Thursday, 2 May. <b>Look for the EGX to move to shortened Ramadan hours <\/b>the following week when the Holy Month begins.<\/p>\n<p><b>PSA #2-<\/b> <b>Temperatures in the capital will continue to be mild through the weekend<\/b> with daytime highs of 24-26\u00b0C and overnight lows around 13\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Look for purple fingers this weekend as we head to the polls to vote on the proposed constitutional amendments. Polls open on Saturday, 20 April and will close in the evening on Monday. Expats start voting tomorrow, with polls closing on Sunday. You can read the statement by the National Elections Authority here. An Egyptian [&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":[2169,116,168,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603307","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-belt-and-road-initiative","tag-china","tag-diplomacy","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"38f4f913-039f-418d-8462-6ca33ef93050","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[603305],"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 18 April 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\/04\/18\/what-were-tracking-on-18-april-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 18 April 2019.\" \/>\n<meta property=\"og:description\" content=\"Look for purple fingers this weekend as we head to the polls to vote on the proposed constitutional amendments. Polls open on Saturday, 20 April and will close in the evening on Monday. Expats start voting tomorrow, with polls closing on Sunday. You can read the statement by the National Elections Authority here. An Egyptian [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-18T04:00:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2023\/3\/Federal-Reserve-1600px.jpg\" \/>\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\/04\/18\/what-were-tracking-on-18-april-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 18 April 2019.\",\"datePublished\":\"2019-04-18T04:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/\"},\"wordCount\":718,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2023\/3\/Federal-Reserve-1600px.jpg\",\"keywords\":[\"Belt and Road Initiative\",\"China\",\"DIPLOMACY\",\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/what-were-tracking-on-18-april-2019\/\",\"name\":\"What we\u2019re tracking on 18 April 2019. - 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It\u2019s the best time of year, so far as we\u2019re concerned: cooler weather, shorter days and the promise of another chance to grow the business, do better as a person and have more fun in the new year.British trade envoy Sir\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":649095,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/23\/what-were-tracking-on-23-april-2015\/","url_meta":{"origin":603307,"position":1},"title":"What we\u2019re tracking on 23 April 2015","author":"enterpriseam admin","date":"23 April 2017","format":false,"excerpt":"President Abdel Fattah El Sisi is in Saudi Arabia today to meet with King Salman and tie a bow around the revitalized relationship between Cairo and Riyadh. The two are expected to discuss a basket of bilateral issues, with the fight against terror figuring heavily, the local press reports. The\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":647575,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/what-were-tracking-this-week-176\/","url_meta":{"origin":603307,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"15 May 2017","format":false,"excerpt":"An International Labor Organization delegation arrived in Cairo on Saturday for talks with government officials on upcoming legislative reform, especially the new Labor Act currently before the House of Representatives.House committee gives preliminary nod to Daba\u2019a nuke plant: The House of Representatives\u2019 Energy Committee gave a preliminary nod to the\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":647244,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/07\/what-were-tracking-on-07-may-2017\/","url_meta":{"origin":603307,"position":3},"title":"What we\u2019re tracking on 07 May 2017","author":"enterpriseam admin","date":"7 May 2017","format":false,"excerpt":"Will we have an Investment Act today? The House of Representatives is scheduled to hold its final vote on the Investment Act today, ending a long, drawn-out debate. The move comes after the deadlock last week on some of the bill\u2019s key issues was resolved on Thursday. We have more\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":652235,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/what-were-tracking-on-wednesday-4-january-2017\/","url_meta":{"origin":603307,"position":4},"title":"What we\u2019re tracking on Wednesday, 4 January 2017","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"It\u2019s purchasing managers\u2019 index day \u2014 cue the gnashing of teeth. The Emirates NBD Egypt PMI by Markit is due out this morning by 6:15am CLT \u2014 or about 10 minutes after we typically tap \u201csend\u201d on Enterprise. It will be posted here when released. The last iteration found the\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":639075,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/22\/what-were-tracking-on-22-october-2017\/","url_meta":{"origin":603307,"position":5},"title":"What we\u2019re tracking on 22 October 2017","author":"enterpriseam admin","date":"22 October 2017","format":false,"excerpt":"PM to discuss reasons for extending state of emergency in House address: Prime Minister Sherif Ismail is expected to address the House of Representatives today to explain why it was necessary earlier this month to extend the state of emergency for another 90 days, Ahram Online reports. Ismail\u2019s address follows\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\/603307","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=603307"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/603307\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/603305"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=603307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=603307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=603307"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=603307"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=603307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}