{"id":630647,"date":"2018-04-29T04:08:27","date_gmt":"2018-04-29T04:08:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/"},"modified":"2018-04-29T04:08:27","modified_gmt":"2018-04-29T04:08:27","slug":"what-were-tracking-on-29-april-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/","title":{"rendered":"What we\u2019re tracking on 29 April 2018"},"content":{"rendered":"<p><strong>We\u2019re getting underway on this shortened work week<\/strong> with two nuggets of business news, and we\u2019re also on the cusp of earnings season. That said: It\u2019s still going to be a week dominated by all things diplomacy.<\/p>\n<p><strong>The EGX\u2019s market cap crossed the EGP 1 tn mark for the first time on Thursday<\/strong>, according to <a href=\"http:\/\/sis.gov.eg\/Story\/129441?lang=en-us\">State Information Service<\/a>. The benchmark EGX30 closed the day up 1.33%.<\/p>\n<p><a id=\"tldr-story-04\" class=\"content-anchor\"><\/a> <strong>EXCLUSIVE- Is PepsiCo\u2019s Khaled Abu Zahra to succeed El Monayer? <\/strong>Senior government officials tell us that PepsiCo\u2019s Middle East and Africa taxation boss, <a href=\"https:\/\/www.linkedin.com\/in\/khaled-abou-zahra-05ba5928\">Khaled Abu Zahra<\/a>, has been nominated to replace Amr El Monayer as vice-minister of finance in charge of tax policy. El Monayer <a href=\"https:\/\/enterprise.press\/stories\/2018\/03\/06\/what-were-tracking-on-6-march-2018\/\">resigned in March<\/a>. Abu Zahra joined Pepsi from Ernst & Young, where he was tax manager for almost eight years. He had earlier done stints at BMW and General Motors.<\/p>\n<p><a id=\"tldr-story-03\" class=\"content-anchor\"><\/a> <strong>Now, what about that diplo stuff?<\/strong><\/p>\n<p><strong>French Foreign Minister Jean-Yves Le Drian is in Egypt today<\/strong> and will be meeting both President Abdel Fattah El Sisi and Foreign Minister Sameh Shoukry, according to <a href=\"https:\/\/www.diplomatie.gouv.fr\/en\/country-files\/egypt\/events\/article\/egypt-visit-by-jean-yves-le-drian-april-29\">a statement from the French Foreign Ministry<\/a>. Le Drian will also meet with representatives of French companies doing business in Egypt and will visit the Cairo Metro construction site, a significant portion of which has been contracted to French companies. Expect meetings to be dominated by talk of Syria, Libya and the Palestinian-Israeli crisis.<\/p>\n<p><strong>Le Drian will also hold follow up talks on a global anti-terrorism finance agreement signed by more than 70 countries last Thursday.<\/strong> In a final declaration, the agreement\u2019s signatories agreed to \u201cfully criminalize\u201d financing for terror groups and suspects through effective and proportionate sanctions \u201ceven in the absence of a link to a specific terrorist act,\u201d <a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/04\/26\/world\/europe\/ap-eu-france-terrorism-financing.html\">according to the Associated Press<\/a>.<\/p>\n<p><strong>Le Drian\u2019s visit is expected to pave the way for a sit-down later in May between El Sisi and French President Emmanuel Macron<\/strong>. No hard details have yet emerged on Macron\u2019s planned visit.<\/p>\n<p><strong>EU foreign policy chief Federica Mogherini is set to visit Cairo tomorrow<\/strong>, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1901195.aspx\">Ahram Gate reports<\/a>. Mogherini will be in town for a meeting of the Libya Quartet being hosted by the Arab League. Members of the quartet include the EU, the UN, the Arab League, and the African Union. The quartet meets as the Egypt-backed Libyan military commander Haftar Khalifa \u201cflew home on Thursday to Benghazi\u201d where we was \u201csmiling and looking hale \u2026and delivered a spirited televised address, seemingly dispelling for now reports that health problems could imperil his grip on power,\u201d the <a href=\"https:\/\/www.nytimes.com\/2018\/04\/27\/world\/middleeast\/libya-hifter-return-hospital.html\">New York Times<\/a> reports. Mogherini is expected to sign a number of <a href=\"https:\/\/enterprise.press\/stories\/2018\/04\/22\/egypt-eu-to-sign-cooperation-agreements-at-the-end-of-the-month-during-mogherini-visit\/\">cooperation agreements<\/a> with Egypt while in town.<\/p>\n<p><strong>Ukrainian Foreign Minister Pavlo Klimkin is due in Cairo on today and tomorrow, <\/strong><a href=\"https:\/\/www.facebook.com\/UkraineMFA\/photos\/a.148326765221252.36283.141487425905186\/1648431598544087\/?type=3\">his ministry announced<\/a>. Look for talks to be dominated by trade and tourism: Egypt is a significant market for Ukrainian wheat, and Ukraine has recently been an important tourism market for Egypt, although industry watchers think a substantial number of the <a href=\"https:\/\/enterprise.press\/stories\/2018\/02\/27\/egypt-sees-90-surge-in-ukrainian-tourist-arrivals-as-tourism-sector-recovers\/\">750k Ukrainian tourists<\/a> who visited last year were Russians using Ukrainian flights to side-step Moscow\u2019s flight ban.<\/p>\n<p><strong>Egypt will extend its leadership on energy policy in the Eastern Med this week<\/strong> when Cypriot President Nicos Anastasiades and his Greek counterpart, Prokopis Pavlopoulos, visit tomorrow. Look for plenty of talk about energy and curbing Turkish influence in the region. The two heads of state will be in Egypt to mark \u201cA Week to Revive the Roots,\u201d a celebration of the three nations\u2019 shared culture and minority communities slated to run 30 April through 6 May with events in Alexandria and Sharm El Sheikh. <strong>Cypriot Energy Minister Giorgos Lakkotrypis is expected in Cairo during the trip <\/strong>to discuss energy cooperation.<\/p>\n<p>Elsewhere this morning:<\/p>\n<p><strong>Food for thought on AI from co-founder of Google: <\/strong>He\u2019s not in Elon Musk territory, but Google co-founder Sergey Brin has flagged concerns over how artificial intelligence will play out for humanity, writing in his annual letter to Alphabet shareholders that \u201cthe new spring in artificial intelligence is the most significant development in computing in my lifetime. We are truly in a technology renaissance, an exciting time where we can see applications across nearly every segment of modern society.\u201d <strong>What\u2019s keeping Brin up at night when it comes to AI?<\/strong> \u201cHow will they affect employment across different sectors? How can we understand what they are doing under the hood? What about measures of fairness? How might they manipulate people? Are they safe?\u201d Read <a href=\"https:\/\/abc.xyz\/investor\/founders-letters\/2017\/index.html\">the full thing here<\/a> or head over to the <a href=\"https:\/\/www.ft.com\/content\/d87e52b0-4a7b-11e8-8ee8-cae73aab7ccb\">Financial Times<\/a> for analysis.<\/p>\n<p><strong>Saudi\u2019s King Salman and Crown Prince MbS broke ground yesterday on the multi-bn USD Qiddiya project, <\/strong>\u00a0\u201ca vast entertainment resort... [that] will include a Six Flags theme park, water parks, motor sports, cultural events, and vacation homes,\u201d<strong>\u00a0<\/strong><a href=\"https:\/\/www.reuters.com\/article\/us-saudi-qiddiya-ceo\/saudi-entertainment-city-casts-wide-net-for-investors-and-contractors-idUSKBN1HZ0WF\">according to Reuters<\/a>. The news comes as Saudi grapples with the implications not of its spending on Robot Utopia, but of opening up to western culture: Officials \u201capologized Saturday for videos with scantily clad female performers shown at a pro-wrestling event,\u201d the <a href=\"https:\/\/www.wsj.com\/articles\/saudi-arabia-apologizes-for-scenes-of-indecent-women-at-wrestling-event-1524932827\">Wall Street Journal<\/a> writes.<strong><\/strong><\/p>\n<p><strong>Egypt\u2019s Foreign Ministry welcomed news of the reconciliation between the two Koreas in a <\/strong><a href=\"https:\/\/www.facebook.com\/MFAEgypt\/posts\/1987375874667682\"><strong>statement yesterday<\/strong><\/a><strong>, <\/strong>describing the summit between North Korea\u2019s Kim Jong Un and South Korea\u2019s Moon Jae-in as an important step forward in easing overall global tension. <a href=\"https:\/\/www.reuters.com\/article\/us-northkorea-southkorea-relations\/after-summit-south-korea-plots-roadmap-for-trumps-meeting-with-kim-jong-un-idUSKBN1HZ09V\">Reuters says<\/a> the leaders of the two countries, who met for the first time in over a decade last Friday, \u201cheld hands, planted a tree, and signed a pledge to pursue peace on the peninsula.\u201d The meeting paves the way for a summit, possibly in June, between Kim Jong Un and US President Donald Trump.<\/p>\n<p><strong>PSA #1: It\u2019s a short work week. <\/strong>Tuesday is a day off in observance of Labor Day. Banks and the stock exchange will be closed. We\u2019ll be off, too, and back in your inboxes on Wednesday.<\/p>\n<p><a id=\"tldr-story-08\" class=\"content-anchor\"><\/a> <strong>PSA #2: Expect high temperatures, blowing sand and periods of rain all week long,<\/strong> the <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/298497\/Egypt\/Politics-\/Cairo-to-see-more-rain-next-week;-high-temperature.aspx\">national weather service<\/a> warns. The worst of it will be on Monday and Tuesday, the weather service said, but the rain will not be as heavy as it was last week, when it flooded parts of the capital city. Expect a high today of 35\u00b0C, of 38\u00b0C Monday through Thursday and of 42\u00b0C on Saturday. We have more on the subject in Last Night\u2019s Talk Shows, below.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re getting underway on this shortened work week with two nuggets of business news, and we\u2019re also on the cusp of earnings season. That said: It\u2019s still going to be a week dominated by all things diplomacy. The EGX\u2019s market cap crossed the EGP 1 tn mark for the first time on Thursday, according to [&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":[7204],"tags":[72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-630647","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":"53dac554-5487-44b4-9d7c-15f59c1754a4","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[630645],"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 on 29 April 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\/04\/29\/what-were-tracking-on-29-april-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 29 April 2018\" \/>\n<meta property=\"og:description\" content=\"We\u2019re getting underway on this shortened work week with two nuggets of business news, and we\u2019re also on the cusp of earnings season. That said: It\u2019s still going to be a week dominated by all things diplomacy. The EGX\u2019s market cap crossed the EGP 1 tn mark for the first time on Thursday, according to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-04-29T04:08:27+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 29 April 2018\",\"datePublished\":\"2018-04-29T04:08:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\"},\"wordCount\":1059,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\",\"name\":\"What we\u2019re tracking on 29 April 2018 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-04-29T04:08:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What we\u2019re tracking on 29 April 2018\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What we\u2019re tracking on 29 April 2018 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/","og_locale":"en_US","og_type":"article","og_title":"What we\u2019re tracking on 29 April 2018","og_description":"We\u2019re getting underway on this shortened work week with two nuggets of business news, and we\u2019re also on the cusp of earnings season. That said: It\u2019s still going to be a week dominated by all things diplomacy. The EGX\u2019s market cap crossed the EGP 1 tn mark for the first time on Thursday, according to [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-04-29T04:08:27+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What we\u2019re tracking on 29 April 2018","datePublished":"2018-04-29T04:08:27+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/"},"wordCount":1059,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","What We're Tracking Today"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/","name":"What we\u2019re tracking on 29 April 2018 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2018-04-29T04:08:27+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/29\/what-were-tracking-on-29-april-2018\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What we\u2019re tracking on 29 April 2018"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":596487,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/29\/finance-ministry-taps-economist-hesham-el-hamawy-to-succeed-amr-el-monayer\/","url_meta":{"origin":630647,"position":0},"title":"Finance Ministry taps economist Hesham El Hamawy to succeed Amr El Monayer","author":"enterpriseam admin","date":"29 August 2019","format":false,"excerpt":"EXCLUSIVE- FinMin taps economist Hesham El Hamawy to succeed El Monayer: Hesham El Hamawy has been appointed as vice minister of finance for tax policy, a position that has been empty since Amr El Monayer resigned in March 2018, two senior sources in government tell Enterprise. Government officials had previously\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":651788,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/what-were-tracking-this-week-209\/","url_meta":{"origin":630647,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"21 February 2017","format":false,"excerpt":"Could the executive regulations for the VAT really be coming out in the next couple of weeks? It might just be, as Maglis El Dowla (the State Council) is finally done reviewing the draft rules that would govern the value-added tax and has reportedly suggested amendments in a report that\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":650352,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/22\/650352\/","url_meta":{"origin":630647,"position":2},"title":"The Finance Ministry will issue\u2026","author":"enterpriseam admin","date":"22 March 2017","format":false,"excerpt":"The Finance Ministry will issue a directive on the tax treatment of FX costs within days , which would take into account the differences between official and parallel rates, Deputy Finance Minister Amr El Monayer says, according to Al Borsa.","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":634771,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/no-decision-on-beginning-to-enforce-stock-market-capital-gains-tax-el-monayer\/","url_meta":{"origin":630647,"position":3},"title":"No decision on beginning to enforce stock market capital gains tax -El Monayer","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"The Finance Ministry has not issued a decision to restart enforcing capital gains taxes on stock market transactions, Vice Minister of Finance Amr El Monayer told Al Masry Al Youm. The ministry is now preparing for the implementation of the tax and is putting in place new mechanisms for that,\u2026","rel":"","context":"In &quot;Legislation + Policy&quot;","block_context":{"text":"Legislation + Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652578,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/what-were-tracking-on-15-january-2017\/","url_meta":{"origin":630647,"position":4},"title":"What we\u2019re tracking on 15 January 2017","author":"enterpriseam admin","date":"15 January 2017","format":false,"excerpt":"It looks like it\u2019s the Finance Ministry\u2019s week in the spotlight between a presser Finance Minister Amr El Garhy is due to hold today and the start of the roadshow for Egypt\u2019s eurobond issue tomorrow.Egypt\u2019s eurobond roadshow kicks off on Tuesday, 17 January with joint lead managers BNP Paribas, Citi,\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":647478,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/11\/council-of-state-signs-off-on-stamp-tax-duty-sends-to-house\/","url_meta":{"origin":630647,"position":5},"title":"Council of State signs off on stamp tax duty, sends to House","author":"enterpriseam admin","date":"11 May 2017","format":false,"excerpt":"Stamp tax on all capital market transactions back with the House for a final vote: Maglis Al Dawla (Council of State) has finished reviewing amendments to the Income Tax Law that will incorporate a stamp tax on EGX transactions, Deputy Finance Minister Amr El Monayer told Al Borsa on Wednesday.\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630647","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=630647"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/630647\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/630645"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=630647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=630647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=630647"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=630647"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=630647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}