{"id":628181,"date":"2018-06-27T04:15:30","date_gmt":"2018-06-27T04:15:30","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/what-were-tracking-this-week-14\/"},"modified":"2018-06-27T04:15:30","modified_gmt":"2018-06-27T04:15:30","slug":"what-were-tracking-this-week-14","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/27\/what-were-tracking-this-week-14\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"<p><strong>GAFI to break ground on Nuweiba freezone this Saturday:<\/strong> The General Authority for Freezones and Investment (GAFI) expects to break ground on the Nuweiba freezone on Saturday, Red Sea Ports Authority spokesman <a href=\"https:\/\/alborsanews.com\/2018\/06\/26\/1112197\">Malaak Youssef said<\/a>. The 1 mn sqm zone is expected to see as much as USD 40 mn in infrastructure-related investment, South Sinai Governor Khaled Fouda <a href=\"http:\/\/www.ahram.org.eg\/News\/202603\/25\/644475\/%D8%A7%D9%84%D8%A3%D9%88%D9%84%D9%89\/%D8%A5%D9%86%D8%B4%D8%A7%D8%A1-%D9%81%D8%B1%D9%88%D8%B9-%D9%84%D9%84%D8%AC%D8%A7%D9%85%D8%B9%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D8%AC%D9%86%D8%A8%D9%8A%D8%A9-%D8%A8%D8%A7%D9%84%D8%B9%D8%A7%D8%B5%D9%85%D8%A9-%D8%A7%D9%84%D8%A5%D8%AF%D8%A7%D8%B1%D9%8A%D8%A9---%D9%85%D9%86.aspx\">had previously said<\/a>.<\/p>\n<p><strong>The Finance Ministry will present the House with a report this week on the government\u2019s \u2018private accounts\u2019 <\/strong>(or slush funds, as we prefer to see them).<\/p>\n<p><strong>A shuffle of governors <\/strong>could be announced by the end of this week<\/p>\n<p><strong>Next tranche of IMF loan in July?<\/strong> The IMF\u2019s executive board <a href=\"http:\/\/www.imf.org\/external\/NP\/SEC\/bc\/eng\/Index.aspx\">will meet on 29 June<\/a> to decide on the fourth USD 2 bn tranche of Egypt\u2019s USD 12 bn extended fund facility.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GAFI to break ground on Nuweiba freezone this Saturday: The General Authority for Freezones and Investment (GAFI) expects to break ground on the Nuweiba freezone on Saturday, Red Sea Ports Authority spokesman Malaak Youssef said. The 1 mn sqm zone is expected to see as much as USD 40 mn in infrastructure-related investment, South Sinai [&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":[9490],"tags":[72,9489],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-628181","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-this-week","tag-enterpriseam","tag-what-were-tracking-this-week","wpautop","entry"],"acf":{"mongo_id":"e1c76586-04f4-4104-b4be-67d5ca68ea88","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[628175],"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 - 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\/27\/what-were-tracking-this-week-14\/\" \/>\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\" \/>\n<meta property=\"og:description\" content=\"GAFI to break ground on Nuweiba freezone this Saturday: The General Authority for Freezones and Investment (GAFI) expects to break ground on the Nuweiba freezone on Saturday, Red Sea Ports Authority spokesman Malaak Youssef said. 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Investors have been calling for the zone for five years. The General Authority for Freezones and Investment had completed studies on the freezone back in\u2026","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":629766,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/01\/cabinet-approves-establishment-of-nuweiba-freezone\/","url_meta":{"origin":628181,"position":1},"title":"Cabinet approves establishment of Nuweiba freezone","author":"enterpriseam admin","date":"1 April 2018","format":false,"excerpt":"CABINET WATCH- The Ismail Cabinet approved yesterday the establishment of a freezone in Nuweiba and will offer investment incentives there including 50% tax cuts for three years. The 1 mn sqm zone is expected to see as much as USD 40 mn in infrastructure-related investment, South Sinai Governor Khaled Fouda\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":628254,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/28\/what-were-tracking-on-28-june-2018\/","url_meta":{"origin":628181,"position":2},"title":"What we\u2019re tracking on 28 June 2018","author":"enterpriseam admin","date":"28 June 2018","format":false,"excerpt":"It\u2019s MPC day\u2026 The central bank\u2019s Monetary Policy Committee meets today to review interest rates. The consensus among analysts is that the CBE will leave rates on hold to help contain the shock of recent subsidy cuts. The prevailing wisdom is that inflation for June will come in at around\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":646721,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/21\/usd-400-mn-multi-purpose-station-to-be-built-at-nuweiba-port\/","url_meta":{"origin":628181,"position":3},"title":"USD 400 mn multi-purpose station to be built at Nuweiba port","author":"enterpriseam admin","date":"21 June 2017","format":false,"excerpt":"The Ismail cabinet approved the establishment of a USD 400 mn multi-purpose station at Nuweiba port on an area of 137k sqm, Al Borsa reports. The project\u2019s conditions are being finalized, says Red Sea Ports Authority chairman Hisham Abou Senna, without specifying when the project will be launched. Separately, feasibility\u2026","rel":"","context":"In &quot;Infrastructure&quot;","block_context":{"text":"Infrastructure","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/infrastructure\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630237,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/16\/govt-pledges-egp-275-bn-for-sinai-development-over-four-years\/","url_meta":{"origin":628181,"position":4},"title":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years","author":"enterpriseam admin","date":"16 April 2018","format":false,"excerpt":"Gov\u2019t pledges EGP 275 bn for Sinai development over four years: Yesterday also saw Prime Minister Sherif Ismail deliver a speech to the House on the government\u2019s spending plans to develop Sinai, which he says will cost EGP 275 bn over the coming four years. These would be financed by\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":642905,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/24\/investment-zones-to-be-established-in-sharm-el-sheikh-qalyubia-kafr-el-sheikh\/","url_meta":{"origin":628181,"position":5},"title":"Investment zones to be established in Sharm El Sheikh, Qalyubia, Kafr El Sheikh","author":"enterpriseam admin","date":"24 August 2017","format":false,"excerpt":"Investment zones to be established in Sharm El Sheikh, Qalyubia, Kafr El Sheikh: The investment supremos at GAFI have ordered the establishment of a tourism investment zone in Sharm El Sheikh, according to an Investment Ministry statement. The authority also ordered the establishment of an investment zone on a 15k\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\/628181","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=628181"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/628181\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/628175"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=628181"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=628181"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=628181"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=628181"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=628181"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}