{"id":627440,"date":"2018-06-03T04:03:28","date_gmt":"2018-06-03T04:03:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/on-the-horizon-4\/"},"modified":"2018-06-03T04:03:28","modified_gmt":"2018-06-03T04:03:28","slug":"on-the-horizon-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/on-the-horizon-4\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>The central bank\u2019s monetary policy committee will keep key interest rates unchanged <\/strong>when it convenes for its final meeting for the current fiscal year on 28 June, Standard Chartered\u2019s Bilal Khan suggested, after previously speculating that the MPC would move to cut rates by 100 bps, <a href=\"https:\/\/www.fxstreet.com\/news\/egypt-cbe-to-stay-put-in-june-standard-chartered-201806010825\">according to FX Street<\/a>. Khan <a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/20\/cbe-keeps-interest-rates-on-hold-at-thursday-meeting\/\">had said that<\/a> the CBE is more likely to adopt a more prudent approach in order to counteract the effect of a rise in inflation as additional energy and fuel subsidy cuts come into effect with the start of FY2018-19 in July.<\/p>\n<p><strong>Saudi Arabia is far more likely than not to win upgrade to MSCI emerging markets status <\/strong>later this month, EFG Hermes suggests, according to a note picked up by the UAE\u2019s <a href=\"https:\/\/www.thenational.ae\/business\/markets\/saudi-arabia-set-to-win-msci-emerging-market-status-in-june-says-efg-hermes-1.734326\">The National<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The central bank\u2019s monetary policy committee will keep key interest rates unchanged when it convenes for its final meeting for the current fiscal year on 28 June, Standard Chartered\u2019s Bilal Khan suggested, after previously speculating that the MPC would move to cut rates by 100 bps, according to FX Street. Khan had said that the [&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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627440","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"7e2afed3-e42e-4f3c-9f4c-81b0259bb513","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[627431],"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>On the horizon - 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\/06\/03\/on-the-horizon-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The central bank\u2019s monetary policy committee will keep key interest rates unchanged when it convenes for its final meeting for the current fiscal year on 28 June, Standard Chartered\u2019s Bilal Khan suggested, after previously speculating that the MPC would move to cut rates by 100 bps, according to FX Street. 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Conference Board\u2019s poll of 750 CEOs and other C-suite execs found that more than\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":565545,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/14\/the-40th-anniversary-of-philae-temples-relocation-is-on-the-horizon\/","url_meta":{"origin":627440,"position":1},"title":"The 40th anniversary of Philae Temple\u2019s relocation is on the horizon","author":"enterpriseam admin","date":"14 April 2021","format":false,"excerpt":"We could be seeing the commemoration of the 40th anniversary of the relocation of Aswan\u2019s Philae Temple after Tourism Minister Khaled El Enany and Italian Ambassador to Egypt Giampoalo Cantini discussed the idea yesterday, according to a ministry statement. An event celebrating the archaeological feat and a potential book detailing\u2026","rel":"","context":"In &quot;ON YOUR WAY OUT&quot;","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/423.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543657,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/13\/annual-urban-inflation-highest-in-almost-2-5-years-in-january\/","url_meta":{"origin":627440,"position":2},"title":"Annual urban inflation highest in almost 2.5 years in January","author":"enterpriseam admin","date":"13 February 2022","format":false,"excerpt":"Annual urban inflation hit its highest level in almost two and a half years in January due to rising food prices and an unfavorable base effect, according to figures released Thursday by statistics agency Capmas. Urban inflation rose to 7.3% last month from 5.9%in December, recording its highest rate since\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/156.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":650036,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/15\/on-the-horizon-245\/","url_meta":{"origin":627440,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"15 March 2017","format":false,"excerpt":"The Contractor\u2019s Compensation Act will be voted on within 10 days, the House of Representatives\u2019 Housing Committee Chair Alaa Wali said, according to Al Masry Al Youm reports. Contractors had threatened to derail projects and have asked for contract terms to be extended until the act passes.A World Bank delegation\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":640851,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/06\/on-the-horizon-151\/","url_meta":{"origin":627440,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"6 September 2017","format":false,"excerpt":"The 2017 Alliance for Financial Inclusion (AFI) Global Policy Forum is set for 13-15 September in Sharm El Sheikh, according to Al Shorouk. The Central Bank of Egypt will be welcoming central bankers and senior government officials from 94 countries and 119 international institutions, which could make the event AFI\u2019s\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651145,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/06\/on-the-horizon-253\/","url_meta":{"origin":627440,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"6 February 2017","format":false,"excerpt":"Interest rate watch: The Central Bank of Egypt\u2019s Monetary Policy Committee will meet on Thursday, 16 February to review rates. The MPC\u2019s full-year 2017 schedule is here.Flights from Russia to resume? Keep an eye on 23 February, the date state-owned Russian news service Sputnik said had been penciled in for\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"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\/627440","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=627440"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/627440\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/627431"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=627440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=627440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=627440"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=627440"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=627440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}