{"id":618305,"date":"2024-04-07T00:00:00","date_gmt":"2024-04-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/"},"modified":"2024-04-07T00:00:00","modified_gmt":"2024-04-07T00:00:00","slug":"el-sisi-reiterates-economic-promises-for-his-third-term","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/","title":{"rendered":"El Sisi reiterates economic promises for his third term"},"content":{"rendered":"

Good morning, wonderful people. <\/strong>The news cycle is reasonably brisk this morning as we prepare to turn on our OoO responders and kick off the Eid celebrations. <\/p>\n

We are<\/strong> getting six days off for Eid: <\/strong>The public, private, and banking sectors will be off from Tuesday, 9 April until Sunday, 14 April in observance of Eid Al Fitr, according to statements issued last week from the cabinet<\/a>, the Labor Ministry<\/a>, and the Central Bank of Egypt<\/a>.<\/p>\n

** EnterpriseAM Egypt will also be taking a break <\/strong>starting Tuesday, but we will be back in your inbox at our customary time with all the latest business news on Monday, 15 April. <\/p>\n

** DID YOU KNOW that we now cover <\/strong>Saudi Arabia<\/a><\/strong> and the <\/strong>UAE<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email? <\/strong>Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge. <\/p>\n

<\/a> El Sisi <\/strong>reiterates <\/strong>economic promises for his third term<\/strong>: <\/strong>President Abdel Fattah El Sisi promised to continue implementing economic reforms based on \u201cthe localization of industry, expansion of the agricultural area, increase of foreign direct investment, and support for the private sector, while providing the necessary social protection measures for the most vulnerable classes.\u201d His statement came yesterday during a speech<\/a> at the annual Egyptian family iftar. <\/p>\n

Also promised: <\/strong>El Sisi also highlighted his plan to continue the \u201cstate of openness\u201d brought about by the national dialogue and prioritizing education, health services, and housing to \u201cbuild the Egyptian person.\u201d<\/p>\n

Remember: <\/strong>El Sisi got sworn in for his third term last week<\/a> with a seven-point speech that unveiled the key features of his strategy for the coming six years. <\/p>\n

WATCH THIS SPACE-<\/p>\n

#1- Act Financial to make its market debut next month: <\/strong>Investment management firm Act Financial is looking to raise EGP 700 mn selling off a minority stake next month, Al Borsa<\/a> reports, citing a private placement memorandum issued by investment bank Zilla Capital, the offering\u2019s financial advisor. EGP 500 mn will come from the sale to investors via private placement and the remaining EGP 200 mn will come from the public offering. And while the memorandum doesn\u2019t disclose the stake being sold, sources tell Al Borsa it amounts to 25% of the company. <\/p>\n

Less than expected: <\/strong>Al Borsa in March<\/a> reported that the firm is planning to offer a minority stake worth EGP 1 bn through a capital increase in its EGX debut.<\/p>\n

<\/a> #2- Egypt wants to woo European investors: <\/strong>The Madbouly government will hold regular meetings to discuss attracting and facilitating European investments ahead of the Egypt-EU Investment Conference scheduled for 29-30 June, a cabinet statement<\/a> said. <\/p>\n

Sectors to look out for:<\/strong> Since June,European investors have been most interested in Egypt\u2019s manufacturing, services, and communications and IT sectors, General Authority for Investment and Freezones head Hossam Heiba said. We can also expect the Egyptian and European sides to ink a number of agreements on the sidelines of the conference, Prime Minister Moustafa Madbouly said, singling out green hydrogen projects. <\/p>\n

Ursula von der Leyen has already RSVP\u2019d: <\/strong>European Commission President Ursula von der Leyen and President Abdel Fattah El Sisi will be in attendance, alongside major European economic entities, investment firms, and funds, the statement said.<\/p>\n

<\/a> #3- A more touristy Cairo? <\/strong>The Madbouly government is embarking on a project to make Greater Cairo a more attractive tourist destination, where tourists would spend around 12 days. This came during a meeting between Prime Minister Moustafa Madbouly and Tourism Minister Ahmed Issa, according to a cabinet statement<\/a>. The project divides the tourist experience into three categories: <\/strong>Trips to pharaonic Cairo and archaeological sites, then visits to museums, palaces, and gardens, and finally visits to historical Cairo. <\/p>\n

Checking in on GEM: <\/strong>During the meeting, the two sides followed up on the trial operations at Grand Egyptian Museum and the work being done to prepare the museum to officially open its doors \u201cas soon as possible.\u201d<\/p>\n

\n

INFLATION WATCH-<\/p>\n

<\/a>Analysts see inflation inching up in March:<\/strong> Annual urban inflation is forecasted to be up 0.6 percentage points in March to 36.3% y-o-y, according to a median forecast of 12 analysts polled by Reuters<\/a>. Core inflation is expected to rise even further<\/strong>, with the measure \u2014 which excludes fuel and certain volatile food items \u2014 forecasted to increase 1.0 percentage points to 36.1% y-o-y for the month.<\/p>\n

The why: <\/strong>Prices have been adjusting to the depreciation of the EGP following the float (at least in the official banking sector), a 600 bps rate hike, and a recent fuel price hike. Capital Economics\u2019 James Swanston told the newswire that they believe inflation \u201cwill accelerate once again and will remain elevated over the coming months as the effects of the weaker EGP, as well as other administered price hikes, play out.\u201d<\/p>\n

Analysts have had a tough time of late trying to figure out where inflation is going: <\/strong>Inflation data for the previous month came out significantly above analysts forecasts.After easing for four months straight and hitting its lowest point<\/a> in a year the month before, headline inflation jumped<\/a> 5.9 percentage points to 35.7% in February on the back of an unexpected jump in food prices.<\/p>\n

When will we know more: <\/strong>State statistics agency Capmas will be out with its inflation data for March tomorrow, according to the newswire.<\/p>\n

\n

FX WATCH-<\/p>\n

<\/a>FX inflows at state\u2019s FX bureaus continue to grow: <\/strong>Customers have sold nearly EGP 10.5 bn worth of foreign currency at the National Bank of Egypt\u2019s foreign currency exchange bureau Al Ahly Exchange, Banque Misr\u2019s Misr Exchange, and Banque du Caire\u2019s Cairo Exchange since the float of the EGP, Al Mal<\/a> reports. USD sales contributed the lion\u2019s share of the transactions, with SAR and EUR accounting for a smaller portion of the transactions.<\/p>\n

\n

PSA- <\/p>\n

#1- The clock is ticking on the car import scheme: <\/strong>Expats have until Monday, 29 April to register for the expat car-for-FX initiative, according to a Finance Ministry statement<\/a>. <\/p>\n

The stats so far: <\/strong>Some 490k Egyptian expats have registered in the initiative and some USD 750 mn have been transferred to the government under the scheme, the statement read. Around 27k cars have entered the country under the initiative.<\/p>\n

Remember: <\/strong>The scheme was designed to attract new FX into the country by encouraging expats to import cars. Buyers agreed to pay all customs fees and taxes up front in FX and in return will receive a full rebate in the future.<\/p>\n

INTERESTED? <\/strong>You can sign up for the initiative through the government\u2019s app on Google Play<\/a> and the App Store<\/a>.<\/p>\n

#2- WEATHER- <\/strong>It\u2019s another spring day in Cairo, with a high of 26\u00b0C and a low of 15\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s more or less <\/strong>the same in Alexandria<\/strong>, with a high of 23\u00b0C and a low of 15\u00b0C.<\/p>\n

#3- W<\/strong>hen do we eat?<\/strong> Maghrib prayers are at 6:18 pm in the capital city, and you\u2019ll have until 4:06 am tomorrow to hydrate and caffeinate ahead of fajr.<\/p>\n

\n
\n
\n
\n

Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

Rachid Mohamed Rachid granted Italian citizenship: <\/strong>The Italian government has granted Egyptian entrepreneur and former trade and industry minister Rachid Mohamed Rachid Italian citizenship in recognition of his achievements in the fields of economics and business, according to a statement seen by Enterprise. Rachid currently serves as the CEO of Mayhoola for Investments \u2014 owner of Italian fashion house Valentino and the French Balmain. <\/p>\n

WAR WATCH- <\/p>\n

CIA head and Hamas delegation are in town for ceasefire talks: <\/strong>CIA chief Bill Burns reportedly landed<\/a> in Cairo yesterday, while a Hamas delegation is coming to town today to partake in ceasefire negotiations. <\/p>\n

And the US is trying to ramp up the pressure on both sides to reach an agreement: <\/strong>After calling on Israeli Prime Minister Benjamin Netanyahu to reach a ceasefire \u201cwithout delay,\u201d US President Joe Biden wrote to Egyptian and Qatari leaders urging<\/a> them to pile pressure on Hamas leadership to reach a ceasefire agreement and release hostages held in Gaza ahead of upcoming talks in Cairo.<\/p>\n

SIGN OF THE TIMES-<\/p>\n

Boycott bites McDonald\u2019s:<\/strong> McDonald\u2019s Corporation has agreed to buy all 225 of its restaurants in Israel \u2014 currently owned and run by the Israeli franchise operator Alonyal \u2014 in a move that will give the company more control over its brand amid consumer boycotts cutting into sales, writes CNBC<\/a>. The fast food retailer confirmed the transaction in a statement<\/a> without disclosing its value or elaborating on the reasons why. <\/p>\n

ICYMI: <\/strong>McDonald\u2019s previously reported that its global 4Q revenues fell short<\/a> of sales growth estimates for the first time in close to four years, partly attributed to a major fall in sales in Arab and Muslim-majority countries. The MidEast boycotts started after its Israeli franchise was seen handing out meals to Israeli soldiers as the country launched attacks on Gaza.<\/p>\n

\n

THE BIG STORY ABROAD- <\/p>\n

The news cycle has pivoted on AI as coverage tilts further toward the \u201cdoomer\u201d end of <\/strong>the spectrum<\/strong> \u2014 or, at the very least, becomes more critical of the technology. Two pieces worth your time:<\/p>\n

#1- <\/strong>AI keeps going wrong. What if it can\u2019t be fixed?<\/a><\/strong> in the Financial Times, wherein Henry Mance, the salmon-colored paper\u2019s chief features writer, talks to critics who say that AI \u201cis simply flawed.<\/p>\n

#2- <\/strong>How tech giants cut corners to harvest data for AI<\/a><\/strong>, in which the New York Times writes that OpenAI, Google, and Meta have \u201cignored corporate policies, altered their own rules and discussed skirting copyright law as they sought online information to train their newest artificial intelligence systems.\u201d<\/p>\n

The US presidential election is slowly heating up. <\/strong>The latest from the campaign trail came overnight, as President Joe Biden announced a USD 100 mn fundraising advantage<\/a> over Donald Trump hours before Agent Orange was scheduled to hold a fundraiser. Biden is claiming\u201cthe most cash on hand \u201cof any Democratic candidate in history.\u201d<\/p>\n

Also making the rounds: <\/strong>The WSJ wonders where Tesla went wrong and whether it can \u201cget<\/a>its mojo back\u201d<\/a>.<\/p>\n

AND- <\/strong>US, Chin<\/strong>a agree to discus<\/strong>s working towards \u201cbalanced growth\u201d: <\/strong>US Treasury Secretary Janet Yellen and Chinese Vice Premier He Lifeng agreed to hold \u201cextensive exchanges on balanced growth in the domestic and global economies,\u201d a Treasury statement<\/a> said. The development comes as part of efforts to rebalance trade relations between the two and address US concerns about excess manufacturing capacity in China. Reuters<\/a> has more.<\/p>\n

WATCH THIS SPACE- A total eclipse of the sun will sweep across parts of North America <\/strong>tomorrow. <\/strong>Mns of people will see the midafternoon sky go dark as the moon passes between Earth and the sun. The eclipse will not be visible in Egypt or the Middle East.<\/p>\n","protected":false},"excerpt":{"rendered":"

El Sisi also highlighted his plan to continue the \u201cstate of openness\u201d brought about by the national dialogue<\/p>\n","protected":false},"author":1,"featured_media":618306,"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":[96,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-618305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-abdel-fattah-el-sisi","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"ea6c1f19-efbe-4bcd-b2d4-5721c0c14979","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/4\/673.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egypt\u2019s El Sisi reiterates economic promises for his third term","related_issue":[618303],"teaser":"El Sisi also highlighted his plan to continue the \u201cstate of openness\u201d brought about by the national dialogue","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/4\/.d7714862-5c15-41f2-9fb8-acbb31eeeb2f.mp3"},"yoast_head":"\nEl Sisi reiterates economic promises for his third term - 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\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi reiterates economic promises for his third term\" \/>\n<meta property=\"og:description\" content=\"El Sisi also highlighted his plan to continue the \u201cstate of openness\u201d brought about by the national dialogue\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-07T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1\" \/>\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=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi reiterates economic promises for his third term\",\"datePublished\":\"2024-04-07T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\"},\"wordCount\":1784,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abdel Fattah El Sisi\",\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\",\"name\":\"El Sisi reiterates economic promises for his third term - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2024-04-07T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"El Sisi reiterates economic promises for his third term\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"El Sisi reiterates economic promises for his third term - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/","og_locale":"en_US","og_type":"article","og_title":"El Sisi reiterates economic promises for his third term","og_description":"El Sisi also highlighted his plan to continue the \u201cstate of openness\u201d brought about by the national dialogue","og_url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2024-04-07T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"El Sisi reiterates economic promises for his third term","datePublished":"2024-04-07T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/"},"wordCount":1784,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1","keywords":["Abdel Fattah El Sisi","EnterpriseAM","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/","url":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/","name":"El Sisi reiterates economic promises for his third term - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1","datePublished":"2024-04-07T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2024\/04\/07\/el-sisi-reiterates-economic-promises-for-his-third-term\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"El Sisi reiterates economic promises for his third term"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/4\/673.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":644697,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/what-were-tracking-on-02-july-2017\/","url_meta":{"origin":618305,"position":0},"title":"What we\u2019re tracking on 02 July 2017","author":"enterpriseam admin","date":"2 July 2017","format":false,"excerpt":"** We apologize for being a few minutes late this morning, but there was rather a lot of news in the past week or so. Welcome back, everybody, and welcome to the new fiscal year. We hope you enjoyed a relaxing Eid break, because the government certainly didn\u2019t, having enacted\u2026","rel":"","context":"In "What We're Tracking Today"","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":625751,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/what-were-tracking-this-week-and-beyond-105\/","url_meta":{"origin":618305,"position":1},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"14 August 2018","format":false,"excerpt":"Governors shuffle coming after Eid break? A shuffle of the nation\u2019s 27 governors will likely be announced after the Eid Al Adha break, an unnamed source from the Local Development Ministry tells Al Shorouk. The announcement of the shuffle has been postponed several times since reports of its imminence first\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":625849,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/16\/what-were-tracking-this-week-and-beyond-107\/","url_meta":{"origin":618305,"position":2},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"16 August 2018","format":false,"excerpt":"A shuffle of the nation\u2019s 27 governors will likely be announced after the Eid Al Adha holiday, an unnamed source from the Local Development Ministry tells Al Shorouk. The announcement of the shuffle has been postponed several times since since June, but sources had said earlier this week that as\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":627433,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/what-were-tracking-on-03-june-2018\/","url_meta":{"origin":618305,"position":3},"title":"What we\u2019re tracking on 03 June 2018","author":"enterpriseam admin","date":"3 June 2018","format":false,"excerpt":"We are officially past the halfway mark in Ramadan, meaning it is not unseemly to start making Eid and \/ or summer vacation plans. Just sayin\u2019.President Abdel Fattah El Sisi was sworn in yesterday, marking the start of his second term in office. Speculation about a possible cabinet shuffle will\u2026","rel":"","context":"In "What We're Tracking Today"","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":648396,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/03\/what-were-tracking-on-3-april-2017-its-trump-sisi-day\/","url_meta":{"origin":618305,"position":4},"title":"What We\u2019re Tracking on 3 April 2017: It\u2019s Trump-Sisi day","author":"enterpriseam admin","date":"3 April 2017","format":false,"excerpt":"President Abdel Fattah El Sisi and US President Donald Trump are set to meet today in the White House. On the agenda: Terrorism, regional security and economic ties, Al Ahram says. El Sisi is also expected to meet with a number of US officials during his five-day trip, including House\u2026","rel":"","context":"In "What We're Tracking Today"","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":627824,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/12\/el-sisi-issues-presidential-pardon-for-several-prisoners\/","url_meta":{"origin":618305,"position":5},"title":"El Sisi issues presidential pardon for several prisoners","author":"enterpriseam admin","date":"12 June 2018","format":false,"excerpt":"President Abdel Fattah El Sisi issued a decree to pardon an unspecified number of prisoners to mark Eid El Fitr. The decision was published in the Official Gazette yesterday.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"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\/618305","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=618305"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/618305\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/618303"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/618306"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=618305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=618305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=618305"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=618305"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=618305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}