{"id":604923,"date":"2018-12-17T04:23:13","date_gmt":"2018-12-17T04:23:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/what-were-tracking-this-week-and-beyond-44\/"},"modified":"2018-12-17T04:23:13","modified_gmt":"2018-12-17T04:23:13","slug":"what-were-tracking-this-week-and-beyond-44","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/what-were-tracking-this-week-and-beyond-44\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"

The Federation of Egyptian Chambers of Commerce (known by the unfortunate acronym FEDCOC) will meet with its Saudi counterpart<\/b> in Aswan tomorrow and Wednesday to discuss jointly working to promote the development of SMEs, federation boss Ahmed El Wakeel had said<\/a>.<\/p>\n

The Cairo Economic Court is due to <\/b>rule on an appeal<\/b><\/a> by pharma distributors on Wednesday<\/b>, 19 December. The distribution companies, including Ibnsina, Ramco, Multipharma and United Company for Distributions and Trade are appealing an Egyptian Competition Authority demand they pay as much as EGP 5.6 bn in fines for having allegedly colluded to cut credit periods and slash discounts to small pharmacies. The hearing comes amid speculation there could be an out-of-court settlement<\/a> of the cases.<\/p>\n

The Electricity Ministry expected to sign an MoU with Cypriot officials<\/b> to begin construction on a USD 1.5 bn subsea power cable to link Egypt\u2019s electricity grid with Cyprus\u2019 sometime this month, Al Mal had reported<\/a>.<\/p>\n

FRA to look into an appeal by Raya\u2019s Khalil on 23 December: <\/b>The Financial Regulatory Authority (FRA) will hold a hearing on 23 December to review the conditions it set for Raya Holding founder Medhat Khalil\u2019s mandatory tender offer (MTO) to take Raya private, local news reported<\/a>.<\/p>\n

The Central Bank\u2019s Monetary Policy Committee <\/b>will meet to decide on interest rates on Thursday, 27 December.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Federation of Egyptian Chambers of Commerce (known by the unfortunate acronym FEDCOC) will meet with its Saudi counterpart in Aswan tomorrow and Wednesday to discuss jointly working to promote the development of SMEs, federation boss Ahmed El Wakeel had said. The Cairo Economic Court is due to rule on an appeal by pharma distributors […]<\/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":[244,72,3222,1414,427,9055,614,287,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604923","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-electricity","tag-enterpriseam","tag-federation-of-egyptian-chambers-of-commerce","tag-ibnsina-pharma","tag-pharma","tag-ramco-pharm","tag-raya-holding","tag-smes","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"44ef748c-7e77-42c5-98ef-3cef444f3fd4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[604907],"teaser":"","voice_url":""},"yoast_head":"\nWhat 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\/2018\/12\/17\/what-were-tracking-this-week-and-beyond-44\/\" \/>\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 Federation of Egyptian Chambers of Commerce (known by the unfortunate acronym FEDCOC) will meet with its Saudi counterpart in Aswan tomorrow and Wednesday to discuss jointly working to promote the development of SMEs, federation boss Ahmed El Wakeel had said. 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The Egyptian Competition Authority (ECA) is reportedly looking to reach an out-of-court settlement with four pharma companies it slapped with EGP 5.6 bn in fines for alleged anti-competitive behaviour, judicial sources said. The ECA successfully brought a case against players including\u2026","rel":"","context":"In "Speed Round"","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":596170,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/20\/ibrahim-elaraby-voted-as-chairman-of-the-chambers-of-commerce-federation\/","url_meta":{"origin":604923,"position":2},"title":"Ibrahim Elaraby voted as chairman of the chambers of commerce federation","author":"enterpriseam admin","date":"20 August 2019","format":false,"excerpt":"MOVES- Elaraby Group CEO Ibrahim Elaraby was elected as the chairman of the Federation of Egyptian Chambers of Commerce on Monday, Hapi Journal reported. 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In\u2026","rel":"","context":"In "Speed Round"","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":594659,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/egyptian-pharma-company-ibnsina-signs-import-distribution-agreement-with-roche\/","url_meta":{"origin":604923,"position":4},"title":"Egyptian pharma company Ibnsina signs import, distribution agreement with Roche","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"Ibnsina Pharma has signed an agreement with global pharma company Roche to import and distribute 40 Roche products in Egypt, the company said in an EGX disclosure (pdf). \u201cThis strategic partnership will allow Ibnsina Pharma to not only further strengthen its product offering but will give patients across Egypt unprecedented\u2026","rel":"","context":"In "Health + Education"","block_context":{"text":"Health + Education","link":"https:\/\/enterpriseam.com\/egypt\/category\/health-education\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":598148,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/15\/federation-of-egyptian-chambers-of-commerce-requests-changes-to-mineral-resources-act-amendments\/","url_meta":{"origin":604923,"position":5},"title":"Federation of Egyptian Chambers of Commerce requests changes to Mineral Resources Act amendments","author":"enterpriseam admin","date":"15 May 2019","format":false,"excerpt":"The Federation of the Egyptian Chambers of Commerce\u2019s quarries division presented to the House Industry Committee its requests for changes to make to the proposed amendments to the Mineral Resources Act yesterday, division head Ibrahim Ghaly tells the local press. 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