{"id":634188,"date":"2018-01-09T04:09:37","date_gmt":"2018-01-09T04:09:37","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/what-were-tracking-on-09-january-2018\/"},"modified":"2018-01-09T04:09:37","modified_gmt":"2018-01-09T04:09:37","slug":"what-were-tracking-on-09-january-2018","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/09\/what-were-tracking-on-09-january-2018\/","title":{"rendered":"What we\u2019re tracking on 09 January 2018"},"content":{"rendered":"<p>Food for thought on this fine Tuesday morning, where we once again remind you that <strong>Egyptian<\/strong><strong>winters are the best winters in the world:<\/strong><\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-06\"><\/a> <strong>We\u2019re basking in a relatively quiet news day. <\/strong>You should too. <a href=\"https:\/\/enterprise.press\/2018\/01\/08\/enterprise-2018-19-egyptian-holiday-calendar\/\">Hit the link here for our full 2018-19 holiday calendar<\/a>. Then get a fresh cup of coffee, close your door and sit back to figure out what it means to your business (and your holiday plans). As you do, keep in mind the words of reader Davide C., who reminded us as 2017 drew to a close that Egypt took 17 national holidays last year \u2014 <strong>making us the country with the fifth-highest number of vacation days in the world<\/strong>. How good is that for productivity? By his calculations, Italy \u2014 our Mediterranean sibling from another mother \u2014 had an average of 9.4 national holidays over the past five years (they don\u2019t get \u2018replacement days\u2019 if they fall on a weekend). That means we work one and a half weeks less each year than the Italians do \u2014 or two and half weeks less if you presume everyone in the country drops down to a six-hour workday for Ramadan.<\/p>\n<p>And if you, like us, are the type who will spend the next month or so figuring out and refining your list of business and personal goals for 2018 and into 2019, go read Andrew Hill\u2019s latest Managing Yourself column for the FT. It\u2019s a short hit that urges us all to <a href=\"https:\/\/www.ft.com\/content\/84934c32-e707-11e7-8b99-0191e45377ec\"><strong>do less this year, but do it better<\/strong><\/a>. The column rides on the work of Norwegian academic Morten Hansen, whose blog won our hearts with stories including \u201c<a href=\"https:\/\/www.mortenhansen.com\/busy-time-year-george-costanza\/\">Cut Your Work in Half This Holiday Season: Do a George Costanza<\/a>.\u201d Anyone who can reference Seinfeld can\u2019t be all bad, right? Hansen is the author of the forthcoming \u201c<a href=\"https:\/\/www.amazon.com\/Great-Work-Performers-Better-Achieve-ebook\/dp\/B074ZKB2QT\/ref=sr_1_1?ie=UTF8&qid=1515465985&sr=8-1&keywords=Morten+Hansen\"><strong>Great at Work: How top performers do less, work better and achieve more<\/strong><\/a>,\u201d which is due out at month\u2019s end \u2014 and which we have just pre-ordered. (And yes, we\u2019re very aware that one way to do less, work better and achieve more is probably to spend less time reading modern-day self-help books\u2026)<\/p>\n<p><strong>Why are we so chipper this morning? <\/strong>All the good news in yesterday\u2019s edition (<a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/08\/pmi-falls-in-december-but-4q2017-average-is-highest-in-two-years\/\">here<\/a>, <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/08\/investors-optimistic-about-egypts-2018-prospects-but-fdi-may-not-surge-until-second-half\/\">here<\/a> and <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/08\/oxford-business-group-sees-egypts-economic-growth-accelerating-further-in-2018\/\">here<\/a>) has us upbeat, sure, but we were also reminded overnight by the New York Times columnist Nicholas Kristof that <a href=\"https:\/\/www.nytimes.com\/2018\/01\/06\/opinion\/sunday\/2017-progress-illiteracy-poverty.html\"><strong>2017 was the best year in human history<\/strong><\/a>. Set aside everything that\u2019s easy to hate in this day and age, he reminds us, and embrace the fact that \u201ca smaller share of the world\u2019s people were hungry, impoverished or illiterate than at any time before. A smaller proportion of children died than ever before. The proportion disfigured by leprosy, blinded by diseases like trachoma or suffering from other ailments also fell.\u201d<\/p>\n<p><strong>Meanwhile: Expect foreign policy to dominate today\u2019s news cycle<\/strong> as Egypt engages with the United States (the Pence visit is back on) and our neighbors in Sudan (which is stirring the pot on Halayeb), Eritrea (whose president is here today) and Ethiopia (GERD, which continues to give us <a href=\"https:\/\/www.webmd.com\/heartburn-gerd\/guide\/reflux-disease-gerd-1\">GERD<\/a>). We have a full rundown at the head of today\u2019s Speed Round, below.<\/p>\n<p>In other headlines worth a moment of your attention today:<\/p>\n<p><strong>Let them eat cake: <\/strong>In a nation as obsessed with food security as we are and should be, surely there are opportunities in agricultural technology \u2014 or agtech as it\u2019s now known. The FT tells us that <a href=\"https:\/\/www.ft.com\/content\/02950380-d6f2-11e7-a303-9060cb1e5f44\">fundraising for the sector more than doubled last year<\/a> (admittedly to a still-paltry USD 700 mn).<\/p>\n<p><strong>Quant funds will soon have more than USD 1 tn in assets under management<\/strong>, according to the salmon-colored paper.<\/p>\n<p><strong>How much do you know about fintech<\/strong>, which looks to be one of the themes of the year in Egypt\u2019s banking sector as the central bank pushes financial inclusion? Beginners should <a href=\"https:\/\/www.wsj.com\/articles\/how-much-do-you-know-about-fintech-time-to-find-out-1515380940\">take the Wall Street Journal\u2019s cute little quiz and find out.<\/a><\/p>\n<p><strong>Offspring of Almarai founder in jail? <\/strong>The sons of Almarai dairy founder and chairman Sultan bin Mohammed Al Kabeer are among the 11 princes arrested last week for complaining about rising utilities prices, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-08\/saudi-princes-detained-are-said-to-include-sons-of-almarai-head\">Bloomberg claims<\/a>.<\/p>\n<p><strong>Business woman and entertainer Oprah Winfrey is said to be \u201cactively considering\u201d a <\/strong><strong>2020 bid for the White House <\/strong>after her widely applauded speech at the Golden Globes on [redacted] harassment this week, <a href=\"http:\/\/money.cnn.com\/2018\/01\/08\/media\/oprah-golden-globes\/index.html\">CNN reports<\/a>. The story is front page news everywhere from the <a href=\"https:\/\/www.ft.com\/content\/ec1d36e6-f432-11e7-8715-e94187b3017e\">Financial Times<\/a> to the <a href=\"https:\/\/www.nytimes.com\/2018\/01\/08\/us\/politics\/oprah-president-2020.html\">New York Times<\/a>, with the latter also <a href=\"https:\/\/www.nytimes.com\/2018\/01\/08\/opinion\/oprah-2020-president-globes.html\">throwing in an op-ed on why a run would be a bad idea<\/a> in the Age of Trump.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food for thought on this fine Tuesday morning, where we once again remind you that Egyptianwinters are the best winters in the world: We\u2019re basking in a relatively quiet news day. You should too. Hit the link here for our full 2018-19 holiday calendar. Then get a fresh cup of coffee, close your door and [&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-634188","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":"de8cf832-4012-497b-a633-afc57403f900","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[634186],"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 09 January 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\/01\/09\/what-were-tracking-on-09-january-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 09 January 2018\" \/>\n<meta property=\"og:description\" content=\"Food for thought on this fine Tuesday morning, where we once again remind you that Egyptianwinters are the best winters in the world: We\u2019re basking in a relatively quiet news day. 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Government employees are off on Sunday, 7 October in observance of Armed Forces Day, Youm7 reports, citing an announcement by Prime Minister Mostafa Madbouly. Armed Forces Day falls on Saturday, 6 October, so Sunday is a replacement day for\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":624469,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/10\/what-were-tracking-on-10-september-2018\/","url_meta":{"origin":634188,"position":1},"title":"What we\u2019re tracking on 10 September 2018","author":"enterpriseam admin","date":"10 September 2018","format":false,"excerpt":"Enjoy your mid-week break. Tomorrow is officially off: The stock exchange and the central bank have announced they will close tomorrow in observance of Islamic new year after a Labor Ministry statement noting it would be a national holiday. Happy first day of 1440, y\u2019all, and see you back here\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":625734,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/what-were-tracking-on-14-august-2018\/","url_meta":{"origin":634188,"position":2},"title":"What we\u2019re tracking on 14 August 2018","author":"enterpriseam admin","date":"14 August 2018","format":false,"excerpt":"We\u2019re really feeling the summer dearth of stories, and to be honest, it feels like Sahel.The CBE\u2019s Monetary Policy Committee (MPC) is widely expected to keep interest rates on hold when it meets this Thursday. Analysts\u2019 expectations that interest rates will remain unchanged comes despite inflation cooling in July to\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":648744,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/11\/what-were-tracking-this-week-190\/","url_meta":{"origin":634188,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"11 April 2017","format":false,"excerpt":"Extra T-bill sales this week: Egypt will hold several treasury bill sales this week to compensate for auctions originally scheduled to take place during next week's Easter holiday, when banks will be closed, Reuters reports. The auctions will include 182-day and 364-day bills on Wednesday and 91-day and 273-day bills\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":634744,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/what-were-tracking-this-week-76\/","url_meta":{"origin":634188,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"23 January 2018","format":false,"excerpt":"The EGX confirmed in an emailed statement that it will be closed on Thursday to mark the Revolution and \/ or Police Day, whatever it is that we observe on 25 January. Trading will resume on Sunday. Thursday is a national holiday.","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":634082,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/what-were-tracking-on-04-january-2018\/","url_meta":{"origin":634188,"position":5},"title":"What we\u2019re tracking on 04 January 2018","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"We\u2019re in for a long weekend. Sunday is an official holiday for the public and private sectors in observance of Coptic Christmas, as confirmed by the cabinet and central bank. We\u2019d like to wish everyone a Merry Christmas. We\u2019ll be announcing the results of our end-of-year survey next week. We\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634188","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=634188"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634188\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634186"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634188"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634188"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634188"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634188"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634188"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}