{"id":606744,"date":"2023-09-20T00:00:00","date_gmt":"2023-09-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/this-evening-nea-to-announce-timeline-procedures-for-presidential-elections-next-week-plus-rolling-plus-is-investing-usd-1-bn-in-a-new-tire-factory\/"},"modified":"2023-09-20T00:00:00","modified_gmt":"2023-09-20T00:00:00","slug":"this-evening-nea-to-announce-timeline-procedures-for-presidential-elections-next-week-plus-rolling-plus-is-investing-usd-1-bn-in-a-new-tire-factory","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/20\/this-evening-nea-to-announce-timeline-procedures-for-presidential-elections-next-week-plus-rolling-plus-is-investing-usd-1-bn-in-a-new-tire-factory\/","title":{"rendered":"THIS EVENING: NEA to announce timeline + procedures for presidential elections next week. Plus: Rolling Plus is investing USD 1 bn in a new tire factory"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Happy almost-THURSDAY, friends. <\/strong> We\u2019re racing towards the end of the week \u2014 and, soon, the end of the month \u2014 as the news cycle picks up steam here at home. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG STORIES TODAY <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong> #1- We\u2019re going to know more about the upcoming presidential elex next <\/strong><strong> week: <\/strong> The National Elections Authority (NEA) will hold a meeting next Monday, 25 September to announce the procedures and expected timeline for the upcoming presidential elections, Director of the NEA\u2019s Executive Committee said at a press conference (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=vNmlxpjcScI\" style=\"\" rel=\"noopener\">watch, runtime: 3:05<\/a>).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> #2- We\u2019re getting a new USD 1 bn tire factory: <\/strong> Rolling Plus signed an agreement today to invest USD 1.07 bn in setting up a new tire factory, with a capacity of 7 mn tires per year, in the Suez Canal Economic Zone, according to a <a target=\"_blank\" href=\"https:\/\/rb.gy\/3puai\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> THE BIG STORY ABROAD <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> It's another mixed bag in the international business press today: <\/strong><\/p>\n<ul>\n<li><strong> The Fed rates meeting coming up today <\/strong>has kept reporters eager to confirm whether they will hold the rates or whether there will be a change. (<a target=\"_blank\" href=\"https:\/\/www.wsj.com\/economy\/central-banking\/fed-meeting-september-what-to-watch-6cb831cc?mod=hp_lead_pos2\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a>)<\/li>\n<li><strong> Oil approaching the USD 100\/ barrel is an alarm that central banks cannot ignore. <\/strong>(<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-09-19\/costly-oil-irks-global-central-banks-gauging-uneasy-new-normal?srnd=premium-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a>)<\/li>\n<li><strong> Uber to shut down in cities in the EU? <\/strong>Asenior Uber executive has warned that designating drivers as de facto employees will force them to cease their services and increase their rates by 40%. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/1d2ca0e1-b3f0-4fcb-b0c0-a2504b48b605\" style=\"\" rel=\"noopener\">Financial Times<\/a>)<\/li>\n<li><strong> Are Chinese manufacturers overcoming US export controls? <\/strong> HiSilicon, a Huawei Technologies Unit has been able to ship chips for surveillance cameras to surveillance camera manufacturers, one of which was Chinese. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/huawei-unit-ships-chinese-made-surveillance-chips-fresh-comeback-sign-sources-2023-09-20\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> ** CATCH UP QUICK <\/strong> on the top stories from today\u2019s <strong> EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong> The Saudis are upping their stake in e-Finance: <\/strong>The Saudi Egyptian Investment Company (SEIC), the investment arm of the Public Investment Fund (PIF), <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/edition\/am\/6670c1c4-1be0-4aa4-8ee7-4fc7c116d300\" style=\"\" rel=\"noopener\">is planning to increase its stake<\/a> in state fintech player e-Finance to 28% from 25% currently.<\/li>\n<li><strong> Delta Steel up for grabs? <\/strong>Several local steel companies <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/123c668b-41e9-4f72-a7eb-46cef7541a55\" style=\"\" rel=\"noopener\">have expressed interest in acquiring<\/a> state-owned steel manufacturer Delta Steel.<\/li>\n<li><strong> New public prosecutor sworn in: <\/strong>Mohamed Shawky Ayad <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2ee450e5-dca3-479c-9fc8-481bcad4d33f\" style=\"\" rel=\"noopener\">began his four-year term<\/a> as the public prosecutor on Tuesdayafter being sworn in on Sunday.<\/li>\n<\/ul>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n  <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>\n <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> \u2600\ufe0f <\/strong><strong> TOMORROW\u2019S WEATHER- <\/strong>Expect the mercury to rise to a high of 31\u00b0C in the daytime and drop to a cooler 25\u00b0C in the nighttime, according to our favorite weather app.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Happy almost-THURSDAY, friends. We\u2019re racing towards the end of the week \u2014 and, soon, the end of the month \u2014 as the news cycle picks up steam here at home. THE BIG STORIES TODAY #1- We\u2019re going to know more about the upcoming presidential elex next week: The National Elections Authority (NEA) will hold a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":606745,"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":[7213],"tags":[633,125,4267,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-606744","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-investment-watch","tag-national-elections-authority","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"101629e1-f129-4fd9-a98e-87404930acaf","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2021\/12\/959.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[606742],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/9\/.4c7bd526-83b0-44ac-88ec-33fb80742149.mp3"},"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>THIS EVENING: NEA to announce timeline + procedures for presidential elections next week. Plus: Rolling Plus is investing USD 1 bn in a new tire factory - 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\/2023\/09\/20\/this-evening-nea-to-announce-timeline-procedures-for-presidential-elections-next-week-plus-rolling-plus-is-investing-usd-1-bn-in-a-new-tire-factory\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: NEA to announce timeline + procedures for presidential elections next week. Plus: Rolling Plus is investing USD 1 bn in a new tire factory\" \/>\n<meta property=\"og:description\" content=\"Happy almost-THURSDAY, friends. We\u2019re racing towards the end of the week \u2014 and, soon, the end of the month \u2014 as the news cycle picks up steam here at home. 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It\u2019s shaping up to be one of those days that aren\u2019t super busy yet, but seem to be gearing up to pick up steam towards the end of the day. THE BIG STORY TODAY We\u2019re heading to the polls this year: The presidential election will kick off\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\/2019\/4\/833.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631888,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/29\/national-elections-authority-to-prosecute-those-who-abstained-from-elections\/","url_meta":{"origin":606744,"position":1},"title":"National Elections Authority to prosecute those who abstained from elections","author":"enterpriseam admin","date":"29 March 2018","format":false,"excerpt":"National Elections Authority to prosecute those who abstained from voting: The National Elections Authority (NEA) will compile a list of those who failed to vote in the presidential election and file the list as part of a complaint to the prosecutor general, NEA head Lasheen Ibrahim said on the last\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\/2018\/3\/1978.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590554,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/election-timetable-to-be-announced-soon-says-elections-authority\/","url_meta":{"origin":606744,"position":2},"title":"Election timetable to be announced soon, says elections authority","author":"enterpriseam admin","date":"24 July 2023","format":false,"excerpt":"The constitution requires the vote to take place at least three months before the presidential term ends in early April 2024","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\/2023\/7\/882.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":607063,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/09\/26\/presidential-election-to-be-held-in-december\/","url_meta":{"origin":606744,"position":3},"title":"Presidential election to be held in December","author":"enterpriseam admin","date":"26 September 2023","format":false,"excerpt":"President Abdel Fattah El Sisi is yet to officially announce his candidacy but is widely expected to seek a third term in office","rel":"","context":"In &quot;ELECTION 2023&quot;","block_context":{"text":"ELECTION 2023","link":"https:\/\/enterpriseam.com\/egypt\/category\/election-2023\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/9\/1533.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634141,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/08\/egypt-presidential-elections-to-be-done-by-3-may\/","url_meta":{"origin":606744,"position":4},"title":"Egypt presidential elections to be done by 3 May","author":"enterpriseam admin","date":"8 January 2018","format":false,"excerpt":"This year\u2019s presidential election cycle will wrap by 3 May, more than a week ahead of the start of Ramadan, National Elections Commission (NEC) chief Lasheen Ibrahim tells Ahram Online. 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