{"id":622010,"date":"2018-11-25T04:22:08","date_gmt":"2018-11-25T04:22:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/"},"modified":"2018-11-25T04:22:08","modified_gmt":"2018-11-25T04:22:08","slug":"what-were-tracking-this-week-and-beyond-59","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"<p><strong>FRA to look into Beltone\u2019s appeal tomorrow: <\/strong>The Financial Regulatory Authority (FRA) will hold tomorrow a hearing to look into an appeal by Beltone Financial against the FRA\u2019s <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/04\/fra-suspends-beltones-investment-banking-arm-for-six-months-2\/\">six-month suspension<\/a> of its investment banking arm, sources said, <a href=\"https:\/\/almalnews.com\/Story\/399493\/11\/%D8%B9%D8%A7%D8%AC%D9%84----%D8%AA%D8%A3%D8%AC%D9%8A%D9%84-%D9%86%D8%B8%D8%B1-%D8%AA%D8%B8%D9%84%D9%85-%D8%A7%D9%8A%D9%82%D8%A7%D9%81-%D8%A8%D9%84%D8%AA%D9%88%D9%86-%D9%84%D8%AC%D9%84%D8%B3%D8%A9-%D8%A7%D9%84%D8%A3%D8%AB%D9%86%D9%8A%D9%86-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84\">according to Al Mal<\/a>. The hearing was postponed from last week the request of Beltone\u2019s legal advisors, who wish to further review the documents. Beltone filed the appeal <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/05\/egypts-fra-says-suspended-beltones-investment-banking-arm-due-to-irregularities-in-sarwa-ipo\/\">earlier this month<\/a>, and has also taken to an administrative court a request to stay proceedings until the case is resolved. The court <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/18\/court-rejects-beltones-request-to-stay-fra-imposed-suspension-on-investment-banking-arm-next-hearing-1-december\/\">rejected the latter request<\/a>, and had instead scheduled an \u2018urgent hearing\u2019 on Saturday, 1 December in which the parties will each present documents pertaining to the suspension.<\/p>\n<p><strong>House discussion of zero tariffs on EU car imports:<\/strong> The House Industry Committee will discuss this week Egypt\u2019s agreement with the EU to cut to 0% import duties on EU-assembled cars as of 1 January, 2019, Rep. Farag Amer <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1344901\">tells Al Masry Al Youm<\/a>.<\/p>\n<p>Also in the pipeline:<\/p>\n<ul>\n<li>Amendments to the <strong>Real Estate Registry Act<\/strong> will be introduced in the House this week;<\/li>\n<li>Egypt and Ethiopia will start talks within two weeks on \u201cunresolved\u201d issues stemming from the <strong>Grand Ethiopian Renaissance Dam<\/strong> (GERD);<\/li>\n<li>The government is due to announce \u201csoon\u201d the date of its first auction of up to 10 mn sqm of <strong>\u2018unused\u2019 state land<\/strong>;<\/li>\n<li>Cabinet is set to \u201csoon\u201d unveil a comprehensive <strong>development and infrastructure strategy for Sinai<\/strong>.<\/li>\n<li><strong>Consumer finance event: <\/strong>The French Chamber of Commerce and Industry is hosting a <a href=\"https:\/\/enterprise.press\/wp-content\/uploads\/2018\/11\/CCIFE-SEMINAR-ON-CONSUMER-FINANCE.pdf\">panel discussion on consumer finance<\/a> on Monday, 3 December from 6-8pm at the Fairmont Hotel Nile City<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>FRA to look into Beltone\u2019s appeal tomorrow: The Financial Regulatory Authority (FRA) will hold tomorrow a hearing to look into an appeal by Beltone Financial against the FRA\u2019s six-month suspension of its investment banking arm, sources said, according to Al Mal. The hearing was postponed from last week the request of Beltone\u2019s legal advisors, who [&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":[9409],"tags":[812,514,72,382,76,410,180,83,123,587,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622010","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-beltone-financial","tag-consumer-finance","tag-enterpriseam","tag-ethiopia","tag-financial-regulatory-authority","tag-gerd","tag-legislation","tag-real-estate","tag-startups","tag-state-privatization-program","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"0e8d1b9d-f236-42f9-a68f-2b9833fb6b93","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[621991],"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 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\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\" \/>\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=\"FRA to look into Beltone\u2019s appeal tomorrow: The Financial Regulatory Authority (FRA) will hold tomorrow a hearing to look into an appeal by Beltone Financial against the FRA\u2019s six-month suspension of its investment banking arm, sources said, according to Al Mal. The hearing was postponed from last week the request of Beltone\u2019s legal advisors, who [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-25T04:22:08+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking this week and beyond\",\"datePublished\":\"2018-11-25T04:22:08+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\"},\"wordCount\":272,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Beltone Financial\",\"consumer finance\",\"EnterpriseAM\",\"Ethiopia\",\"Financial Regulatory Authority\",\"GERD\",\"legislation\",\"real estate\",\"startups\",\"state privatization program\",\"Up Next\"],\"articleSection\":[\"Up Next\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/\",\"name\":\"What we\u2019re tracking this week and beyond - 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The hearing was postponed from last week the request of Beltone\u2019s legal advisors, who [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-11-25T04:22:08+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What we\u2019re tracking this week and beyond","datePublished":"2018-11-25T04:22:08+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/"},"wordCount":272,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["Beltone Financial","consumer finance","EnterpriseAM","Ethiopia","Financial Regulatory Authority","GERD","legislation","real estate","startups","state privatization program","Up Next"],"articleSection":["Up Next"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/","name":"What we\u2019re tracking this week and beyond - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-11-25T04:22:08+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/what-were-tracking-this-week-and-beyond-59\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What we\u2019re tracking this week and beyond"}]},{"@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":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":604726,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/11\/egypts-fra-postpones-beltone-appeal-hearing-again\/","url_meta":{"origin":622010,"position":0},"title":"Egypt\u2019s FRA postpones Beltone appeal hearing again","author":"enterpriseam admin","date":"11 December 2018","format":false,"excerpt":"FRA postpones hearing on Beltone appeal to 17 December: The Financial Regulatory Authority has postponed to Monday, 17 December is hearing on Beltone Financial\u2019s appeal hearing of a six-month suspension handed to its investment banking arm, according to Al Mal. The hearing was first scheduled to take place on 26\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600298,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/beltone-en-route-to-lose-appeal-against-egypts-fra\/","url_meta":{"origin":622010,"position":1},"title":"Beltone en route to lose appeal against Egypt\u2019s FRA","author":"enterpriseam admin","date":"27 January 2019","format":false,"excerpt":"Advisory body reportedly recommends court turn down Beltone\u2019s appeal of its suspension. The Administrative Court received yesterday a report from the Board of State Commissioners recommending it reject Beltone\u2019s appeal a suspension handed to the investment bank\u2019s IPO unit by the Financial Regulatory Authority, reports Al Shorouk. The report found\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\/2020\/2\/290.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604874,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/16\/what-were-tracking-this-week-and-beyond-43\/","url_meta":{"origin":622010,"position":2},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"16 December 2018","format":false,"excerpt":"FRA to look into an appeal by Raya\u2019s Khalil on 23 December: 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 prior hearing\u2026","rel":"","context":"In &quot;Up Next&quot;","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":605181,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/24\/fra-rejects-beltones-appeal-of-its-six-month-suspension\/","url_meta":{"origin":622010,"position":3},"title":"FRA rejects Beltone\u2019s appeal of its six-month suspension","author":"enterpriseam admin","date":"24 December 2018","format":false,"excerpt":"The Financial Regulatory Authority (FRA) rejected yesterday Beltone Financial\u2019s appeal of a six-month suspension handed to its investment banking arm over alleged irregularities in the IPO of consumer- and structured-finance player Sarwa Capital, Al Mal reports. The FRA alleges that Beltone inflated subscription figures in the bookbuilding process and claims\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604675,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/egypts-fra-to-hear-beltones-appeal-of-its-suspension-today\/","url_meta":{"origin":622010,"position":4},"title":"Egypt\u2019s FRA to hear Beltone\u2019s appeal of its suspension today","author":"enterpriseam admin","date":"10 December 2018","format":false,"excerpt":"The Financial Regulatory Authority will hear today an appeal today by Beltone Financial of a six-month suspension handed to the firm\u2019s investment banking arm. The FRA had imposed the suspension following allegations of irregularities in the IPO of consumer- and structured-finance player Sarwa Capital, whose shares plunged on the first\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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621742,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/18\/court-rejects-beltones-request-to-stay-fra-imposed-suspension-on-investment-banking-arm-next-hearing-1-december\/","url_meta":{"origin":622010,"position":5},"title":"Court rejects Beltone\u2019s request to stay FRA-imposed suspension on investment banking arm; next hearing 1 December","author":"enterpriseam admin","date":"18 November 2018","format":false,"excerpt":"Court rejects Beltone\u2019s request to stay FRA-imposed suspension on investment banking arm: An administrative court rejected yesterday Beltone Financial\u2019s request to stay proceedings on a six-month suspension handed to its investment banking division by the Financial Regulatory Authority (FRA), sources tell Al Mal. According to the sources, the court requested\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\/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\/622010","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=622010"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622010\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621991"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622010"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622010"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}