{"id":604978,"date":"2018-12-18T04:16:25","date_gmt":"2018-12-18T04:16:25","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/what-were-tracking-this-week-and-beyond-45\/"},"modified":"2018-12-18T04:16:25","modified_gmt":"2018-12-18T04:16:25","slug":"what-were-tracking-this-week-and-beyond-45","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/18\/what-were-tracking-this-week-and-beyond-45\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"

The Cairo Economic Court is due to <\/b>rule tomorrow on an appeal<\/b><\/a> by pharma distributors of an anti-trust fine<\/b>. The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority fine of EGP 5.6 bn 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 Cairo Economic Court is due to rule tomorrow on an appeal by pharma distributors of an anti-trust fine. The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority fine of EGP 5.6 bn for having allegedly colluded to cut credit periods and slash discounts to […]<\/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":[244,72,76,1414,427,9055,614,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-604978","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-electricity","tag-enterpriseam","tag-financial-regulatory-authority","tag-ibnsina-pharma","tag-pharma","tag-ramco-pharm","tag-raya-holding","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"f28e7e1a-ab9d-4edc-9818-df43ec516aa4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[604951],"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\/18\/what-were-tracking-this-week-and-beyond-45\/\" \/>\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 Cairo Economic Court is due to rule tomorrow on an appeal by pharma distributors of an anti-trust fine. 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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":601143,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/20\/cairo-court-reduces-antitrust-fine-against-ibnsina-pharma-execs\/","url_meta":{"origin":604978,"position":1},"title":"Cairo court reduces antitrust fine against Ibnsina Pharma execs","author":"enterpriseam admin","date":"20 February 2019","format":false,"excerpt":"DISPUTE WATCH- Cairo court slashes antitrust fine against Ibnsina Pharma execs: The Cairo Appeals Court issued a ruling yesterday reducing an antitrust fine imposed on executives from Ibnsina Pharma to EGP 160 mn, down from an original EGP 2.04 bn fine handed down by the Cairo Economic Court, a source\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":605130,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/pharma-corruption-case-postponed-to-19-february\/","url_meta":{"origin":604978,"position":2},"title":"Pharma corruption case postponed to 19 February","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"COURT WATCH- The Cairo Economic Court has postponed to 19 February its ruling in an appeal by pharma distributors of an antitrust fine, according to a company disclosure from Ibnsina (pdf). The distribution companies (Ibnsina, Ramco, Multipharma and United Company for Distribution and Trade) are appealing an Egyptian Competition Authority\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":604923,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/17\/what-were-tracking-this-week-and-beyond-44\/","url_meta":{"origin":604978,"position":3},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"17 December 2018","format":false,"excerpt":"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\u2026","rel":"","context":"In "Up Next"","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":628049,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/24\/ibnsina-pharma-lays-out-its-case-to-appeal-antitrust-case\/","url_meta":{"origin":604978,"position":4},"title":"Ibnsina Pharma lays out its case to appeal antitrust case","author":"enterpriseam admin","date":"24 June 2018","format":false,"excerpt":"Ibnsina Pharma lays out case in appeal of antitrust case: Ibnsina Pharma has filed documents countering antitrust allegations leveled against the company by the Egyptian Competition Authority (ECA), said company Chairman Mohsin Mahgoub. A Cairo Economic Court had found in March that Ibnsina, along with competitors United Co. for Pharmacists,\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":628129,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/26\/on-the-horizon-16\/","url_meta":{"origin":604978,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"26 June 2018","format":false,"excerpt":"Appeals Court to rule on Ibnsina antitrust case on 16 July: The Cairo Court of Appeals is expected to rule on 16 July on Ibnsina Pharma\u2019s appeal of antitrust sanctions imposed in a case brought by the Egyptian Competition Authority. A Cairo Economic Court had ruled in March that Ibnsina,\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"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\/604978","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=604978"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/604978\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/604951"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=604978"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=604978"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=604978"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=604978"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=604978"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}