{"id":622861,"date":"2018-10-15T04:02:33","date_gmt":"2018-10-15T04:02:33","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/what-were-tracking-on-15-october-2018\/"},"modified":"2018-10-15T04:02:33","modified_gmt":"2018-10-15T04:02:33","slug":"what-were-tracking-on-15-october-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/15\/what-were-tracking-on-15-october-2018\/","title":{"rendered":"What we\u2019re tracking on 15 October 2018"},"content":{"rendered":"

<\/a> ** #5 Our friends at Sarwa Capital will ring the bell at the EGX this morning <\/strong>as their shares make their bourse debut, opening at EGP 7.36 each under the ticker SRWA. A stabilization fund is at work for the first month of trading. Beltone was sole global coordinator and bookrunner for the transaction, while Matouk Bassiouny was legal counsel.<\/p>\n

Asian markets opened lower this morning<\/strong>, suggesting<\/a> \u201ca rebound in global equities Friday saw no traction at the start of the week.\u201d Skim Bloomberg\u2019s Asian markets tables here<\/a> for the latest. This comes after the EGX30 held its ground yesterday, rallying 1.9%.<\/p>\n

<\/a> ** #6 Are property values on the west side of town about to go up? <\/strong>Sphinx International Airport in Giza will begin trial operations today as the facility enters its soft opening phase, state-news agency MENA reports<\/a>. A functioning international airport could boost appetite for housing in Six October and Sheikh Zayed, among other points to the west, and open them to international companies that require proximity to airports in choosing neighborhoods for headquarters and staff housing.<\/p>\n

Today is the last day to pay your real estate taxes without penalty if you own more than one property <\/strong>or a property worth more than EGP 2 mn, Real Estate Tax Authority head Samia Hussein told Hona Al Asema last night. It seems you can expect aggressive enforcement: <\/strong>The authority has collected EGP 1.6 bn in real estate taxes in the last three months out of a targeted EGP 6 bn, she added (watch, runtime: 7:39<\/a>). The deadline to file for exemptions for those with properties valued at less than EGP 2 mn was extended to<\/a> 30 June, 2019.<\/p>\n

President Abdel Fattah El Sisi arrives in Moscow today for a three-day visit.<\/strong> El Sisi is expected to meet with President Vladimir Putin and Prime Minister Dmitry Medvedev and will also address Russia\u2019s upper house of parliament. We have chapter and verse in Diplomacy + Foreign Trade, below.<\/p>\n

The UK\u2019s Minister of State for the Middle East and North Africa is in town<\/strong> to look into ways to increase the UK\u2019s support foreducation and entrepreneurship in Egypt, according to a statement from the British Embassy<\/a>. Alistair Burt met yesterday with Foreign Minister Sameh Shoukry<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

** #5 Our friends at Sarwa Capital will ring the bell at the EGX this morning as their shares make their bourse debut, opening at EGP 7.36 each under the ticker SRWA. A stabilization fund is at work for the first month of trading. Beltone was sole global coordinator and bookrunner for the transaction, while […]<\/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":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622861","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"b2e24e1d-3740-40ed-abd5-44041bf597dd","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[622859],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 15 October 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\/10\/15\/what-were-tracking-on-15-october-2018\/\" \/>\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 on 15 October 2018\" \/>\n<meta property=\"og:description\" content=\"** #5 Our friends at Sarwa Capital will ring the bell at the EGX this morning as their shares make their bourse debut, opening at EGP 7.36 each under the ticker SRWA. 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It\u2019s a brisk news morning here in Egypt even if things are a bit sleepy abroad, so let\u2019s jump right in:WHAT\u2019S HAPPENING TODAY-Greek PM Kyriakos Mitsotakis is in Cairo today for talks with President Abdel\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":621888,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/21\/what-were-tracking-on-21-november-2018-are-markets-melting-down\/","url_meta":{"origin":622861,"position":1},"title":"What we\u2019re tracking on 21 November 2018: Are markets melting down?","author":"enterpriseam admin","date":"21 November 2018","format":false,"excerpt":"It\u2019s a grim morning out there, ladies and gentlemen, as we head back to the trenches after a beautiful midweek holiday. To wit: US and European equities cratered yesterday, with American equities erasing their gains for the year as a rout kicked off by tech shares deepened and edged into\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\/2018\/11\/567.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599931,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/15\/what-were-tracking-on-15-january-2019\/","url_meta":{"origin":622861,"position":2},"title":"What we\u2019re tracking on 15 January 2019","author":"enterpriseam admin","date":"15 January 2019","format":false,"excerpt":"Picking up where we left off yesterday: Concerns over the Chinese economy dominate headlines in the global business press. The country reported a 4.4% drop in exports in December \u2014 the lowest drop in two years according to the FT \u2014 a result largely attributed to the trade war with\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":596572,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/02\/what-were-tracking-on-2-july-2019\/","url_meta":{"origin":622861,"position":3},"title":"What we\u2019re tracking on 2 July 2019","author":"enterpriseam admin","date":"2 July 2019","format":false,"excerpt":"The question of the day is whether we should expect new 95-octane fuel price changes this month. All signs seem to indicate the answer is \u201cyes,\u201d particularly as the local press is on high alert for any clues. We have the full rundown in this morning\u2019s Speed Round, below. The\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":602359,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/26\/what-were-tracking-on-26-march-2019\/","url_meta":{"origin":622861,"position":4},"title":"What we\u2019re tracking on 26 March 2019","author":"enterpriseam admin","date":"26 March 2019","format":false,"excerpt":"Forty years ago today, we made peace with Israel as President Anwar El-Sadat and Israeli PM Menachem Begin signed a peace treaty in Washington, DC. Two generations of children have been spared war as a result. Check out the New York Times\u2019 coverage from the day the treaty was signed,\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":560713,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/10\/what-were-tracking-on-10-march-2021\/","url_meta":{"origin":622861,"position":5},"title":"What we\u2019re tracking on 10 March 2021","author":"enterpriseam admin","date":"10 March 2021","format":false,"excerpt":"Good morning, nice people, and welcome to a very busy newsday. M&A is again the big story here at home, this time in the country\u2019s red-hot non-bank consumer finance sector as the National Bank of Egypt begins what looks to be an aggressive push into the sector that will include\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622861","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=622861"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622861\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622859"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622861"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622861"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}