{"id":627154,"date":"2018-07-24T04:22:23","date_gmt":"2018-07-24T04:22:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-this-week-and-beyond-121\/"},"modified":"2018-07-24T04:22:23","modified_gmt":"2018-07-24T04:22:23","slug":"what-were-tracking-this-week-and-beyond-121","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/24\/what-were-tracking-this-week-and-beyond-121\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"<p><strong>The Federation of Egyptian Industries (FEI) plans to meet with central bank officials at the end of July to discuss the two-year delay in export subsidy payments<\/strong> from the government, committee member Hassan Mabrouk tells Amwal Al Ghad. Finance Minister Mohamed Maait had <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/28\/late-export-subsidies-could-be-disbursed-sooner-than-we-thought\/\">told us last month<\/a>, however, that he would be working to devise a strategy to resolve the issue as soon as possible. <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/23\/finmin-to-disburse-late-export-subsidies-over-the-coming-few-years\/\">We had heard before<\/a> that the ministry was planning to disburse the late payments over an unspecified number of years after industry associations raised the issue several times. Mabrouk said that the committee would also discuss with the CBE the issue of higher fees for industrial licensing \u2014 which are <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/03\/ida-to-reexamine-higher-fees-for-industrial-licensing\/\">currently being re-examined<\/a> after they were said to be bad for business \u2014 in addition to its new initiative to help <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/13\/cbe-to-launch-initiative-for-idle-factories-within-a-week\/\">restart operations at idle factories<\/a>.<\/p>\n<p><strong>Prime Minister Mostafa Madbouly will lead a meeting to select the board of directors for Egypt\u2019s EGP 200 bn sovereign wealth fund<\/strong> \u201cwithin days,\u201d Finance Minister Mohamed Maait said, <a href=\"http:\/\/www.ahram.org.eg\/News\/202717\/5\/663086\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D9%85%D8%B9%D9%8A%D8%B7-%C2%AB%D8%A7%D9%84%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%AF%D9%89%C2%BB-%D9%84%D8%A7-%D9%8A%D9%87%D8%AF%D9%81-%D8%A5%D9%84%D9%89-%D8%A7%D9%84%D8%AE%D8%B5%D8%AE%D8%B5%D8%A9.aspx\">Al Ahram reports<\/a>.<\/p>\n<p><strong>Our friends at the American Chambers of Commerce (AmCham) will be hosting Finance Minister Mohamed Maait for its monthly luncheon on Monday, 30 July<\/strong>. <a href=\"https:\/\/www.amcham.org.eg\/login\/login.asp?ReturnUrl=%2Fcyberlink%2Fevents%2Fregister%2F1154%2F\">You can register for the event here<\/a>.<\/p>\n<p><strong>The sixth National Youth Conference is reportedly taking place by the end of the month.<\/strong> University students will be the focus of the upcoming edition. It\u2019s still unclear where the conference will be held.<\/p>\n<p><strong>President Abdel Fattah El Sisi might be visiting Beijing in September <\/strong>to attend the Forum on China-Africa Cooperation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federation of Egyptian Industries (FEI) plans to meet with central bank officials at the end of July to discuss the two-year delay in export subsidy payments from the government, committee member Hassan Mabrouk tells Amwal Al Ghad. Finance Minister Mohamed Maait had told us last month, however, that he would be working to devise [&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":[72,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627154","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-enterpriseam","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"e1e253d5-e056-4763-8d3f-9ab604ffaa80","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[627135],"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\/07\/24\/what-were-tracking-this-week-and-beyond-121\/\" \/>\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=\"The Federation of Egyptian Industries (FEI) plans to meet with central bank officials at the end of July to discuss the two-year delay in export subsidy payments from the government, committee member Hassan Mabrouk tells Amwal Al Ghad. 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Mabrouk succeeds Mohamed Moustafa Sheta, who has chaired the company since last November.","rel":"","context":"In &quot;Moves&quot;","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574968,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/28\/diplo-foreign-trade-on-28-september-2020\/","url_meta":{"origin":627154,"position":1},"title":"Diplo + Foreign Trade on 28 September 2020","author":"enterpriseam admin","date":"28 September 2020","format":false,"excerpt":"Leading diplomatic coverage this morning: Egypt will host a Libyan peace conference in the first half of October that will bring together political figures and tribal representatives, El Mogaz reports, citing Hassan Mabrouk, a member of the conference\u2019s organization committee. Mabrouk called for the release of detainees from the former\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":556294,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/19\/willis-towers-watson-eyes-two-egypt-based-ins-brokers-in-regional-plan\/","url_meta":{"origin":627154,"position":2},"title":"Willis Towers Watson eyes two Egypt-based ins. brokers in regional plan","author":"enterpriseam admin","date":"19 October 2021","format":false,"excerpt":"British outfit Willis Towers Watson is looking to acquire two unnamed ins. brokerages operating in Egypt as part of a regional expansion plan, Hamed Mabrouk (LinkedIn), who heads the multinational ins. firm\u2019s Egypt office, told us, confirming a report yesterday by Al Borsa. Mabrouk\u2019s firm will look to combine the\u2026","rel":"","context":"In &quot;M&amp;A WATCH&quot;","block_context":{"text":"M&amp;A WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/ma-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594657,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/fei-eyes-partnerships-with-italian-companies-to-locally-produce-electrical-appliance-components\/","url_meta":{"origin":627154,"position":3},"title":"FEI eyes partnerships with Italian companies to locally produce electrical appliance components","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"The Federation of Egyptian Industries\u2019 electrical appliances division is working to get Italian companies to partner with local firms to manufacture parts used for feeder industries, Hassan Mabrouk, a board member of the division, told the local press. Local companies are unable to manufacture the components needed for electrical appliances\u2026","rel":"","context":"In &quot;Manufacturing&quot;","block_context":{"text":"Manufacturing","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/manufacturing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566688,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/07\/mabrouk-consumer-finance-players\/","url_meta":{"origin":627154,"position":4},"title":"Mabrouk consumer finance players","author":"enterpriseam admin","date":"7 July 2021","format":false,"excerpt":"Consumer finance providers are in line for an exemption from value-added tax (VAT), under an agreement the Financial Regulatory Authority reached with tax authorities, FRA Deputy Chairman Islam Azzam said in a statement (pdf). This came as the regulator sought to give consumer finance players the same VAT treatment afforded\u2026","rel":"","context":"In &quot;Taxation&quot;","block_context":{"text":"Taxation","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/taxation\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":626685,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/09\/arab-contractors-looking-to-get-in-on-usd-400-450-mn-worth-of-infrastructure-projects-in-africa\/","url_meta":{"origin":627154,"position":5},"title":"Arab Contractors looking to get in on USD 400-450 mn worth of infrastructure projects in Africa","author":"enterpriseam admin","date":"9 July 2018","format":false,"excerpt":"Arab Contractors is competing for USD 400-450 mn worth of infrastructure projects in Mauritania, Cote d\u2019Ivoire, Uganda, and Senegal, head of the company\u2019s Africa sector Ibrahim Mabrouk said, Al Masry Al Youm reports. The projects include building roads and bridges and sanitation pipelines. The company has been looking at expanding\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"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\/627154","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=627154"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627154\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627135"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627154"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627154"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}