{"id":635616,"date":"2017-12-10T03:56:22","date_gmt":"2017-12-10T03:56:22","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/what-were-tracking-on-10-december-2017\/"},"modified":"2017-12-10T03:56:22","modified_gmt":"2017-12-10T03:56:22","slug":"what-were-tracking-on-10-december-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/10\/what-were-tracking-on-10-december-2017\/","title":{"rendered":"What we\u2019re tracking on 10 December 2017"},"content":{"rendered":"

<\/a> It\u2019s looking like Dabaa is finally happening this week: <\/strong>Russian President Vladimir Putin will arrive in Egypt on Monday, according to a Thursday statement from the Kremlin<\/a>. While the statement is vague on what he\u2019s due to discuss with President Abdel Fattah El Sisi, it seems almost certain that the signing of the USD 30 bn Dabaa nuclear power plant with Rosatom \u2014 which the Electricity Ministry said would be signed before the end of the year \u2014 will be on the agenda. Speculation is rife in the local media on the day of the actual signing, with Al Mal<\/a> saying it is on Monday and Al Shorouk claiming<\/a> it will take place on Tuesday. Both are citing ministry sources. A delegation from Rosatom also reportedly announced that work on the plant would begin this month, according to Ahram Online<\/a>.<\/p>\n

Putin is also expected to sign an agreement for a Russian Industrial Zone in the Suez Canal Economic Zone<\/strong>, said Mohamed Aboul Enein, who heads up the Egyptian-European Business Council, according to Al Shorouk<\/a>. After hitting a roadblock this summer, talks on the RIZ have been going smoothly since October, with reports that the Russian government is willing to back companies investing in the zone to the tune of USD 9 bn.<\/p>\n

Perhaps now Russian planes will be allowed to fly directly to Egypt once again?<\/strong><\/p>\n

Weekend news included plenty of announcements out of Sharm El Sheikh, where a who\u2019s who of the Egyptian business community gathered for a \u201cbusiness with Africa\u201d conference held under the auspices of the presidency. One thing we haven\u2019t seen coming out of the conference: The investment map<\/strong> of some 600 projects the Investment Ministry said it would release in Sharm.<\/p>\n

UN-backed Libyan Prime Minister Fayez Al Sarraj is scheduled to meet President Abdel Fattah El Sisi today<\/strong>, an unnamed senior Libyan source tells Youm7<\/a>. The two are expected to discuss the latest developments in the Libyan reconciliation process, including Egypt\u2019s efforts to unify Libya\u2019s military.<\/p>\n

Generational divide on Jerusalem? <\/strong>For all of the barrels of ink used up anticipating fallout from The Donald\u2019s recognition of Jerusalem as the capital of Israel (and to say nothing of the late-night bloviating on the airwaves), Egypt\u2019s streets were resoundingly chill from Thursday and through this morning. <\/strong>Protests attracted a few hundred people at most. Perhaps related, we\u2019re picking up signs of a generational divide on the development. Anecdotally: Gen Xers and below are more (dispassionately) concerned with the regional implications of the move than they are outraged. Boomers, coming from a generation more invested in the Palestinian cause, feel much more strongly. Take this tweet from Mounir Abdelnour<\/a>, the well-known businessman who served with distinction as minister of tourism and as minister of trade and industry: \u201cWhat if EgyptAir cancelled its contract to buy Boeing planes, the Ministry of Trade suspended TIFA negotiation, the Oil Ministry withdrew its invitation for US companies to explore for oil here, and the government refused to receive US Vice President Pence,\u201d who is due here later this month.<\/p>\n

Pope Tawadros II and Al Azhar boss Ahmed El Tayyeb have both said they will not meet with Pence <\/strong>in protest of the decision (coverage here<\/a> and here<\/a>). Pence had made the state of Egypt\u2019s Christian community a key talking point of his planned visit.<\/p>\n

And speaking of The Donald: Inside Trump\u2019s hour-by-hour battle for self-preservation<\/strong><\/a>made its way to our inbox just about a dozen times, forwarded by friends and readers who thought it might be of interest. The epic piece in the New York Times is a fascinating portrait of The Donald, his psychology, and of efforts to bring structure to his day. It\u2019s a portrait of a leader who tweets in his PJs, gorges on television, considers a 9am or 9:30am start to the workday \u2018early\u2019 and who some aides say has a \u201ctenuous grasp of facts, jack-rabbit attention span and propensity for conspiracy theories.\u201d<\/p>\n

And while you\u2019re reading the Times, check out After 7 years of job growth, room for more, or danger ahead?<\/a>, out just after a better-than-expected US jobs report on Friday.<\/p>\n

(Western) Christmas comes 10 days early this year <\/strong>as Star Wars: The Last Jedi opens this coming Friday, 15 December \u2014 and the iPhone X goes on sale here in Omm El Donia the same day. Read an interview with the cast of the next Star Wars flick<\/a>, or head over to Apple\u2019s Egypt site<\/a> to confirm we\u2019re not mistaken about the release date (scroll down a couple of times for the release date to appear).<\/p>\n

So, young analyst, you think you\u2019re a genius at Excel? <\/strong>Meet the 77-year-old Japanese miser who, in retirement, decided to teach himself to paint \u2014 and is now making art in Excel (watch, runtime: 2:28<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s looking like Dabaa is finally happening this week: Russian President Vladimir Putin will arrive in Egypt on Monday, according to a Thursday statement from the Kremlin. While the statement is vague on what he\u2019s due to discuss with President Abdel Fattah El Sisi, it seems almost certain that the signing of the USD 30 […]<\/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-635616","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":"a85c475c-4ffc-422b-8eab-865c0f425b98","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[635614],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 10 December 2017 - 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\/2017\/12\/10\/what-were-tracking-on-10-december-2017\/\" \/>\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 10 December 2017\" \/>\n<meta property=\"og:description\" content=\"It\u2019s looking like Dabaa is finally happening this week: Russian President Vladimir Putin will arrive in Egypt on Monday, according to a Thursday statement from the Kremlin. 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The source says\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","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":638247,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/01\/what-were-tracking-this-week-108\/","url_meta":{"origin":635616,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"1 October 2017","format":false,"excerpt":"A delegation from the African Development Bank arrives in Cairo tomorrow for a six-day visit to discuss the budgetary support program with the government, Al Mal reports. The bank will discuss cooperation with Egypt ahead of disbursing the last USD 500 mn tranche of the USD 1.5 bn agreement it\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","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":641547,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/26\/what-were-tracking-this-week-132\/","url_meta":{"origin":635616,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"26 September 2017","format":false,"excerpt":"The central bank\u2019s Monetary Policy Committee meets this Thursday to decide on key interest rates. The meeting will be the MPC\u2019s first since news rolled in earlier this month that our core inflation rate had dropped to 34.86%.We can expect to hear on the new board and management teams of\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","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":642630,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/20\/what-were-tracking-this-week-141\/","url_meta":{"origin":635616,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"20 August 2017","format":false,"excerpt":"Foreign Minister Sameh Shoukry and his Russian counterpart, Sergei Lavrov, are set to meet on Monday. We expect that the resumption of direct flights to Egypt that Russia\u2019s industrial zone and the Dabaa nuclear power plant will be on the agenda. TASS reports that cooperation on counter-terrorism alongside the Syrian,\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","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":638300,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/02\/what-were-tracking-on-02-october-2017\/","url_meta":{"origin":635616,"position":4},"title":"What we\u2019re tracking on 02 October 2017","author":"enterpriseam admin","date":"2 October 2017","format":false,"excerpt":"Our elected representatives reconvene today for their fall legislative season. Prime Minister Sherif Ismail is set to address the House to discuss ongoing projects and priorities, Youm7 reports. 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The news comes as Electricity Minister Mohamed Shaker has reportedly said\u2026","rel":"","context":"In "What We\u2019re Tracking This Week"","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635616","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=635616"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/635616\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/635614"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=635616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=635616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=635616"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=635616"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=635616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}