{"id":638899,"date":"2017-10-17T03:55:09","date_gmt":"2017-10-17T03:55:09","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/what-were-tracking-on-17-october-2017\/"},"modified":"2017-10-17T03:55:09","modified_gmt":"2017-10-17T03:55:09","slug":"what-were-tracking-on-17-october-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/17\/what-were-tracking-on-17-october-2017\/","title":{"rendered":"What we\u2019re tracking on 17 October 2017"},"content":{"rendered":"<p><strong>The EGX30 got slammed yesterday, <\/strong>retreating 2.7% on a volumes that were about 52% above the trailing 90-day average \u2014 and underperforming on the regional and global fronts. The selling pressure came in the way of foreign institutions, which looked as though they were locking in profits after a good run and a clear resistance point on the charts. We have more in The Market Yesterday, below, and as always expanded data coverage <a href=\"https:\/\/enterprise.press\/\">in our web edition<\/a>.<\/p>\n<p><strong>The House of Representatives\u2019 Transport Committee is expected to review the Egyptian <\/strong><strong>National Railways\u2019 USD 575 mn agreement with GE<\/strong> for the purchase of 100 new locomotives today. The committee is also waiting on the Ismail cabinet to send over legislative amendments that would allow the private sector to participate in the development, management, and operation of state rail assets.<\/p>\n<p><strong>Foreign Minister Sameh Shoukry landed in Slovenia yesterday for a two-day visit, <\/strong>where he\u2019s set to hold cooperation talks with President Borut Pahor, Prime Minister Miro Cerar, and his counterpart Karl Erjavec, <a href=\"http:\/\/gate.ahram.org.eg\/News\/1598111.aspx\">reports Ahram Gate<\/a>.<\/p>\n<p><strong>The Financial Times\u2019 annual global executive MBA ranking is out. <\/strong>The FT\u2019s <a href=\"https:\/\/www.ft.com\/content\/02ebff9e-a512-11e7-8d56-98a09be71849\">lead story on its package is here<\/a>, and you can <a href=\"http:\/\/rankings.ft.com\/businessschoolrankings\/executive-mba-ranking-2017\">view the full rankings here<\/a>. The top five are:<\/p>\n<ul type=\"disc\">\n<li><a href=\"http:\/\/emba.ust.hk\/\">Kellogg-HKUST EMBA<\/a> (China)<\/li>\n<li><a href=\"http:\/\/www.emba-global.com\/asia\/\">EMBA-Global Asia<\/a>(China \/ UK \/ US)<\/li>\n<li><a href=\"https:\/\/www.insead.edu\/master-programmes\/tiemba\">Tsinghua-Insead Dual Degree EMBA<\/a> (China \/ Singapore \/ France \/ UAE)<\/li>\n<li><a href=\"http:\/\/www.emba-global.com\/americasandeurope.html\">EMBA-Global Americas & Europe<\/a> (US \/ UK)<\/li>\n<li><a href=\"https:\/\/www.triumemba.org\/\">Trium Global EMBA<\/a> (France \/ UK \/ US)<\/li>\n<\/ul>\n<p><strong>Credit Suisse is the target of an activist shareholder campaign that\u2019s looking to unlock <\/strong><strong>value for shareholders <\/strong>by breaking the lagging institution up into an investment bank that revives the old First Boston brand, an asset manager, and a wealth management group that also includes the bank\u2019s retail and business banking operations, <a href=\"https:\/\/www.ft.com\/content\/c1a1b33e-b287-11e7-a398-73d59db9e399\">the Financial Times<\/a> reports this morning. The campaign is being mounted by Rudi Bohli\u2019s <a href=\"http:\/\/www.rbrcapital.com\/\">RBR Capital Advisors<\/a>, which has successfully run activist campaigns \u201cagainst GAM, the asset manager, and Gategroup, the airline catering company.\u201d The story is the lead piece on the FT\u2019s homepage as about 5am CLT this morning.<\/p>\n<p><strong>Your wifi connection is not secure \u2014 nobody\u2019s is, and you\u2019re going to be waiting a while <\/strong><strong>for a solution. <\/strong>That\u2019s the bottom line on a news story yesterday that suggests there is a vulnerability in the WPA2 protocol that lets hackers read data over secure wifi. Just about every wifi-connected device will be vulnerable until patches are pushed out. <a href=\"https:\/\/www.theguardian.com\/technology\/2017\/oct\/16\/wpa2-wifi-security-vulnerable-hacking-us-government-warns\">The Guardian<\/a> and <a href=\"http:\/\/www.reuters.com\/article\/us-cyber-wifi-flaw\/researchers-uncover-flaw-that-makes-wi-fi-vulnerable-to-hacks-idUSKBN1CL1UE?utm_campaign=trueAnthem:+Trending+Content&utm_content=59e4c26c04d30145ed91e674&utm_medium=trueAnthem&utm_source=twitter\">Reuters<\/a> have the story.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The EGX30 got slammed yesterday, retreating 2.7% on a volumes that were about 52% above the trailing 90-day average \u2014 and underperforming on the regional and global fronts. The selling pressure came in the way of foreign institutions, which looked as though they were locking in profits after a good run and a clear resistance [&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-638899","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":"b13f4837-a4cb-414c-89a6-ee01440f0086","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[638897],"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 17 October 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\/10\/17\/what-were-tracking-on-17-october-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 17 October 2017\" \/>\n<meta property=\"og:description\" content=\"The EGX30 got slammed yesterday, retreating 2.7% on a volumes that were about 52% above the trailing 90-day average \u2014 and underperforming on the regional and global fronts. 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Bahrain\u2019s Royal Court said in a statement short on specifics that the king will meet with President Abdel Fattah El Sisi to discuss bilateral relations.Central Bank of Egypt Governor Tarek\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":637281,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/13\/what-were-tracking-on-13-november-2017\/","url_meta":{"origin":638899,"position":1},"title":"What we\u2019re tracking on 13 November 2017","author":"enterpriseam admin","date":"13 November 2017","format":false,"excerpt":"The House Economic Committee will continue its discussions of the Consumer Protection Act today, Ahram Gate reports. Committee head Amr Ghallab had said earlier this month that the committee would complete its review of the bill within two weeks, after which it would be discussed by the House\u2019s general assembly.\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":645453,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/what-were-tracking-on-20-july-2017\/","url_meta":{"origin":638899,"position":2},"title":"What we\u2019re tracking on 20 July 2017","author":"enterpriseam admin","date":"20 July 2017","format":false,"excerpt":"Rumors popped out yesterday that the amendments to the Central Bank and Banking sector acts could see the return of nine-year term limits for banking sector managing directors. The amendments to the acts were discussed quite heavily yesterday, with the government having to urge calm (we have more in the\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":647627,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/16\/what-were-tracking-this-week-177\/","url_meta":{"origin":638899,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"16 May 2017","format":false,"excerpt":"The House of Representatives\u2019 Energy Committee will discuss the Daba\u2019a nuclear power plant agreement this week in the hopes of bringing it to a plenary session vote soon.Egypt\u2019s ambassador to Kenya inaugurated yesterday the first expo in Africa highlighting Egyptian exports to the continent, Al Masry Al Youm reports. The\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":636259,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/what-were-tracking-on-28-december-2017\/","url_meta":{"origin":638899,"position":4},"title":"What we\u2019re tracking on 28 December 2017","author":"enterpriseam admin","date":"28 December 2017","format":false,"excerpt":"2017 is coming to a close. We\u2019d like to wish our readers a very happy New Year. This will be our final issue of Enterprise for 2017. The banking sector and EGX are officially off this coming Monday in observance of the first day of the New Year, state news\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":646638,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/what-were-tracking-on-20-june-2017\/","url_meta":{"origin":638899,"position":5},"title":"What we\u2019re tracking on 20 June 2017","author":"enterpriseam admin","date":"20 June 2017","format":false,"excerpt":"IT\u2019S OFFICIAL: Eid Al-Fitr in Egypt will be a three-day break from Sunday, 25 June until Tuesday, 27 June, Prime Minister Sherif Ismail announced yesterday, according to AMAY. All public institutions will be closed on those days. The Central Bank of Egypt subsequently announced (pdf) banks will also be closed\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\/638899","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=638899"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/638899\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/638897"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=638899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=638899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=638899"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=638899"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=638899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}