{"id":622104,"date":"2018-11-27T04:21:50","date_gmt":"2018-11-27T04:21:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/more-what-were-tracking-on-27-november-2018\/"},"modified":"2018-11-27T04:21:50","modified_gmt":"2018-11-27T04:21:50","slug":"more-what-were-tracking-on-27-november-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/27\/more-what-were-tracking-on-27-november-2018\/","title":{"rendered":"More what we\u2019re tracking on 27 November 2018"},"content":{"rendered":"<p><strong>MbS has arrived in town <\/strong>as part of his first regional trip after the Khashoggi affair, state news agency MENA reported. (Stuck in traffic yesterday longer than usual? Now you know why.) President Abdel Fattah El Sisi received the Saudi crown prince at Cairo airport on Monday, according to a <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/513384215847630?__xts__%5B0%5D=68.ARCPI7QkjSSYw2sBzo4VMCWRd4iBicghnyU96tTzT018uwyadJ8P3uvfskaLdoEk-seZ9iE4CKzlf9V7r2ZaasrTAPtERCOfTj_fze608tDq4pS2LfFgCwPr9u-7Fy2uRefbpMEDe9Yaok3f6BIOb633lt9DOFJEvGsmjkHArcIM8XeEekQT8uXi3w88Kf_Oa6xIME2hCWUQ94bE_1ncnjE4jR6uCsSuLySiqQ-A4vFRlelbmMiD0PdpHxX60HugKuOp4RU4vfJEDj9MOEboa29I_fEqasb1-cRmIdfVDjkmyBQD08yziirS5kSfds3LtxL3vKKNLf9pIQCWu8jJ-YY&__tn__=-R\">presidential statement<\/a>. The two are scheduled to <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/513147735871278\">hold talks<\/a> today. The Saudi embassy in Cairo created the hashtag #TheCrownPrinceIsInHisSecondCountry to mark the occasion. <a href=\"https:\/\/af.reuters.com\/article\/egyptNews\/idAFL8N1Y151U\">Reuters<\/a> also has the story, which dominated both the airwaves (see Last Night\u2019s Talk Shows, below) and the print press (see On the Front Pages, below). MbS is next off to Tunisia and is then scheduled to make an appearance at the <a href=\"https:\/\/www.g20.org\/en\">G20 summit in Argentina<\/a> this coming Friday and Saturday. Egypt is not a G20 member and, to the best of our knowledge, is not an invited guest at Buenos Aires gathering.<\/p>\n<p><strong>Central bank Governor Tarek Amer will be <\/strong><a href=\"https:\/\/events.aucegypt.edu\/?event=20540730\"><strong>speaking tonight<\/strong><\/a> at AUC\u2019s School of Business on \u201cEgypt\u2019s Medium Term Economic Outlook: Challenges and Opportunities.\u201d The event will take place at the New Cairo campus in Shafik Gabr Hall from 6-7 pm.<\/p>\n<p><strong>Egypt wants to see mining account for 2% of GDP within five years<\/strong>, Oil Minister Tarek El Molla is quoted as having said on the sidelines of the <a href=\"http:\/\/aidmo.org\/armining\/\">15th Arab International Mineral Resources Conference<\/a>, which kicked off on yesterday and is set to run through Wednesday. Egypt has been working on a new <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/19\/mineral-resources-act-sent-to-house-for-review\/\">mineral resources act<\/a> that meets international norms; the draft has been <a href=\"https:\/\/enterprise.press\/stories\/2018\/11\/11\/aton-praises-cabinet-approval-of-mineral-resources-act-amendments\/\">praised by industry leaders<\/a>.<\/p>\n<p><strong>Okay, but can we not export them? <\/strong>President Abdel Fattah El Sisi\u2019s launch on Sunday of an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/%D9%86%D8%B5-%D9%83%D9%84%D9%85%D8%A9-%D8%A7%D9%84%D8%B3%D9%8A%D8%AF-%D8%A7%D9%84%D8%B1%D8%A6%D9%8A%D8%B3-%D9%81%D9%8A-%D8%A7%D9%81%D8%AA%D8%AA%D8%A7%D8%AD-%D9%81%D8%B9%D8%A7%D9%84%D9%8A%D8%A7%D8%AA-%D8%A7%D9%84%D8%AF%D9%88%D8%B1%D8%A9-%D8%A7%D9%84%D8%AB%D8%A7%D9%86%D9%8A%D8%A9-%D9%88%D8%A7%D9%84%D8%B9%D8%B4%D8%B1%D9%8A%D9%86-%D9%84%D9%85%D8%B9%D8%B1%D8%B6-%D9%88%D9%85%D8%A4%D8%AA%D9%85%D8%B1-%D8%A7%D9%84%D9%82%D8%A7\/512574419261943\/\">initiative to train at least 10k Egyptians<\/a> and Africans as software developers is getting attention in the <a href=\"https:\/\/ww.egyptindependent.com\/sisi-launches-initiative-to-create-games-and-digital-applications\/\">domestic press<\/a>. The news came at the <a href=\"http:\/\/cairoict.com\/\"><strong>Cairo ICT<\/strong><\/a><strong> expo, which continues this morning <\/strong>and ends tomorrow.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry is heading to Serbia for a two-day visit<\/strong>, according to a <a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/2382593061812626\">ministry statement<\/a>.<\/p>\n<p>Further afield this morning:<\/p>\n<p><strong>Ukraine imposed martial law for a 30-day period yesterday<\/strong> in parts of the country \u201cvulnerable to an attack from Russia,\u201d <a href=\"https:\/\/www.reuters.com\/article\/us-ukraine-crisis-russia\/ukraine-introduces-martial-law-citing-threat-of-russian-invasion-idUSKCN1NV0N1\">newswires report<\/a>. The country is a top-three provider of both wheat and tourists to Egypt.<\/p>\n<p><strong>\u201cAlgeria can ill-afford more stagnation and drift,\u201d <\/strong>writes the <a href=\"https:\/\/www.ft.com\/content\/2bc746f2-ee64-11e8-8180-9cf212677a57\">Financial Times\u2019 editorial board<\/a> amid speculation that Abdelaziz Bouteflika \u2014 \u201calready something of a relic from post-independence years when he became president in 1999 \u2026 [most recently seen] in a wheelchair, staring vacantly, looking decidedly frail\u201d \u2014 will seek a fifth five-year term in elections due to take place in January.<\/p>\n<p><strong>Also worth a read this morning in the salmon-colored paper: <\/strong><a href=\"https:\/\/www.ft.com\/content\/de41c166-cc92-11e8-8d0b-a6539b949662\"><strong>The Middle Eastern families whose daughters are inheriting more<\/strong><\/a> looks at how wealth advisors and lawyers are \u201crevising the rules\u201d of inheritance under Islamic jurisprudence in ways that see the use of offshore vehicles and trustees to ensure, for example that \u201ca daughter could inherit the whole business and a son with a [redacted] problem might only receive a limited allowance.\u201d<\/p>\n<p><strong>The FT\u2019s primer on inheritance under shariah:<\/strong> \u201cWhen a man dies, assets in his name are divided according to formulas based upon the number, relation and gender of their heirs. One eighth goes to the surviving wife. The rest of the estate, including all homes and the family business, is divided among the children. Sons each receive double what daughters do. If there are no sons, the daughters take two-thirds of what remains after the wife\u2019s distribution and what is left then goes to the closest male relative, regardless of how close a family member he is.\u201d The inheritance piece appears in the <a href=\"https:\/\/www.ft.com\/ft-wealth\">FT\u2019s latest Wealth package<\/a>.<\/p>\n<p><strong>Notable in the same series: <\/strong><a href=\"https:\/\/www.ft.com\/content\/575812ea-e80d-11e8-8827-ff56e7163c11\">Can asset managers really spot the end of a bull run?<\/a><\/p>\n<p><strong>Automaker GM is shutting down seven plants worldwide<\/strong>, including five in the US and Canada, by next year in a bid to slash USD 6 bn in expenses. The company is cutting back on the production of passenger cars to focus on battery-powered vehicles and larger SUVs. The move comes as GM braces for a \u201cdownturn in its home market and the impact of the global trade war.\u201d (<a href=\"https:\/\/www.ft.com\/content\/1563442e-f18e-11e8-9623-d7f9881e729f\">FT<\/a> | <a href=\"https:\/\/www.reuters.com\/article\/us-gm-restructuring\/gm-to-cut-car-production-in-north-america-halt-some-models-source-idUSKCN1NV1NB\">Reuters<\/a>)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MbS has arrived in town as part of his first regional trip after the Khashoggi affair, state news agency MENA reported. (Stuck in traffic yesterday longer than usual? Now you know why.) President Abdel Fattah El Sisi received the Saudi crown prince at Cairo airport on Monday, according to a presidential statement. The two are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":622105,"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":[535,169,271,317,72,3688,373,927,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622104","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-algeria","tag-auc","tag-central-bank-of-egypt","tag-commodities","tag-enterpriseam","tag-mineral-resources-act","tag-mining","tag-tarek-amer","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"a43a45a1-6c51-4774-b837-65880051fcd0","order":"0","is_powered_by":true,"section_story_id":"c03c15ab-f588-4e31-9812-07dc0ca57331","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/11\/1843.jpg","photo_position":"above","related_issue":[622100],"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>More what we\u2019re tracking on 27 November 2018 - 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\/27\/more-what-were-tracking-on-27-november-2018\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More what we\u2019re tracking on 27 November 2018\" \/>\n<meta property=\"og:description\" content=\"MbS has arrived in town as part of his first regional trip after the Khashoggi affair, state news agency MENA reported. 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Russia is waiting for Egypt to review and sign an airport security protocol before it lifts the ban on flights to Cairo, Russian Deputy Prime Minister Arkady Dvorkovich said yesterday,according to Sputnik Arabic. Transport Minister Maksim Sokolov had said last month that Egypt was ready to sign the\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":645636,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/26\/what-were-tracking-this-week-160\/","url_meta":{"origin":622104,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"26 July 2017","format":false,"excerpt":"Resuming exports of produce to the Gulf? The trade and agriculture ministries are sending a joint mission to Saudi Arabia for talks on restarting exports of fruits and vegetables, Al Mal reports. Saudi Arabia banned the import of peppers from Egypt in December, and a ban on strawberry imports came\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":604828,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/13\/what-were-tracking-this-week-and-beyond-42\/","url_meta":{"origin":622104,"position":2},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"13 December 2018","format":false,"excerpt":"The Autotech auto exhibition starts this Friday, 14 December, at the Cairo International Exhibition and Convention Center.The Planning Ministry will present its 2017-2018 end-of-year report (pdf) next Tuesday, 18 December, at the Sonesta Cairo Hotel. The Federation of Egyptian Chambers of Commerce is scheduled to meet with its Saudi counterpart\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":648924,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/us-defense-secretary-due-in-cairo-on-wednesday\/","url_meta":{"origin":622104,"position":3},"title":"US defense secretary due in Cairo on Wednesday","author":"enterpriseam admin","date":"18 April 2017","format":false,"excerpt":"US Defense Secretary Jim Mattis is due in Cairo on Wednesday to discuss regional security issues, according to a Pentagon statement. Mattis\u2019 visit to Egypt will be the second stop on his tour of the Middle East that begins today in Saudi Arabia. It\u2019s meant to \u201creaffirm key US military\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594263,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/24\/what-were-tracking-on-24-october-2019\/","url_meta":{"origin":622104,"position":4},"title":"What we\u2019re tracking on 24 October 2019","author":"enterpriseam admin","date":"24 October 2019","format":false,"excerpt":"The first Russia-Africa summit wraps up in Sochi today. The opening day saw lots of talk but little in the way of action. Discussions were had on trade and investment, the Russian Industrial Zone and the resumption of Russian flights to Sharm (no breakthrough there \u2014 we have more on\u2026","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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622155,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/28\/what-were-tracking-on-27-november-2018-2\/","url_meta":{"origin":622104,"position":5},"title":"What we\u2019re tracking on 27 November 2018","author":"enterpriseam admin","date":"28 November 2018","format":false,"excerpt":"The House of Representatives\u2019 general assembly is in recess until 9 December, House Speaker Ali Abdel Aal said yesterday, according to Youm7. You can expect committee work to continue during the break. Saudi Crown Prince Mohammed Bin Salman\u2019s tour of Cairo is over this morning as the MbS leaves to\u2026","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\/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\/622104","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=622104"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622104\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/622105"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622104"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622104"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}