{"id":639263,"date":"2017-10-25T04:17:43","date_gmt":"2017-10-25T04:17:43","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/what-were-tracking-on-25-october-2017\/"},"modified":"2017-10-25T04:17:43","modified_gmt":"2017-10-25T04:17:43","slug":"what-were-tracking-on-25-october-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/25\/what-were-tracking-on-25-october-2017\/","title":{"rendered":"What we\u2019re tracking on 25 October 2017"},"content":{"rendered":"

President Abdel Fattah El Sisi wraps up his three-day visit to Paris today. <\/strong>El Sisi is expected to sign a number of MoUs with French President Emmanuel Macron that should see both countries cooperate in a number of areas, including renewable energy, transport, and culture. We have a full rundown on yesterday\u2019s meetings in Speed Round, below. The highlight: No castigation on the human rights front.<\/p>\n

Is China reaping the rewards from having included Egypt in its One Belt, One Road initiative? <\/strong>It\u2019s hard not to come to that conclusion with reports in Chinese media that BYD and Sinohydro have won massive infrastructure contracts at the same time as a three-day Belt and Road Forum kicks off in Cairo. We have more in Speed Round, below.<\/p>\n

The IMF delegation conducting a second review of the Sisi administration\u2019s economic reform program arrived in Cairo yesterday<\/strong>, government sources tell Youm7<\/a>. The delegation, which will be here until 7 November, will begin its visit by meeting with a technical team from the Finance Ministry and the Central Bank of Egypt, followed by the Cabinet economic group and officials handling trade and industry, investment, petroleum, and social welfare issues, Vice Minister of Finance Ahmed Kouchouk said yesterday<\/a>. The visit aims to unlock the next tranche of the IMF\u2019s USD 12 bn extended fund facility for Egypt. Finance Minister Amr El Garhy and CBE Governor Tarek Amer met earlier this month with IMF Chief Christine Lagarde, who \u201cpraised\u201d Egypt\u2019s reforms. El Garhy had previously said<\/a> the government has completed 80% its work on the reform program.<\/p>\n

Yahoo Finance\u2019s All Markets Summit<\/strong><\/a> kicks off today in New York City<\/strong>, with some of the biggest names in global finance and business taking part. The only speaker from MENA at the gathering is our friend Hisham Ezz Al Arab<\/strong>, chairman and MD at CIB. Hisham will speak on \u201cBanking in the Future\u201d in what looks set to be a solo on-stage interview. He joins at the summit bold-faced names including CEOs and CIOs from BlackRock, Samsung, JP Morgan, the National Hockey League, Accenture and Aetna, among others. The conference starts at 8:00 am EDT (2:00 pm CLT) and will be live streamed<\/a>. Hisham\u2019s session takes place in the Midday Movers Show starting sometime around 5:45pm CLT.<\/p>\n

Our friends at <\/strong>Al Masry Al Youm<\/strong><\/a> have brought their website back online after reportedly fighting off a hacking attack that began late Monday. <\/strong>AMAY staff confirmed the hacking in a statement<\/a> yesterday that noted they had had to take the site down after fake news content was posted during the attack. A second statement later in the day<\/a> said hackers continued to post the same stories to its website and social media pages throughout the attack, prompting them to take the site offline.<\/p>\n

Washington, be warned: Egyptian MPs are inbound. <\/strong>The House of Representatives will be on break until 6 November<\/a> while Speaker Ali Abdel Aal leads a delegation to Washington, DC<\/a>, for meetings with members of Congress on 27 October. Before adjourning though, the House did refer four international agreements<\/a>to their respective committees for approval.<\/p>\n

IMF boss Christine Lagarde is warning of a \u201cdark future\u201d in as little as 50 years in which we\u2019re \u201ctoasted and roasted\u201d<\/strong> if the world fails to tackle climate change and inequality<\/a>. Lagarde made the remarks at a gathering in Riyadh.<\/p>\n

The UAE\u2019s \u201cLittle Sparta\u201d side is back in the spotlight this morning <\/strong>with the Financial Times\u2019 \u201cBig Read\u201d<\/a> taking a look at how our allies in the GCC are flexing both foreign policy and military muscles against a background of \u201cthe rise of Iran\u2019s influence\u201d and \u201cfrustration over US engagement.\u201d The UAE, the FT writes, is \u201cintervening in its neighbours\u2019 affairs in pursuit of its own national security goals.\u201d Because neither the US nor the UK have ever done that, right? We\u2019re flagging this piece as \u201cworth reading\u201d if you have an FT subscription.<\/p>\n

Speaking of Amreeka: DC politics are looking particularly interesting this morning. <\/strong>The rift in the Republican party between backers of The Donald and what the oldsters among us would once have considered \u201cmainstream Republicans\u201d is seen widening after a prominent GOP senator said he wouldn\u2019t seek re-election. Jeff Flake said he was \u201cunwilling to follow the lead of a president whose behavior in office is \u2018not normal\u2019 and \u2018dangerous to a democracy.\u2019<\/strong> The New York Times<\/a> and the Wall Street Journal<\/a> have great coverage. While you\u2019re on the NYT, go read John McCain\u2019s op-ed<\/a> on why America must back the Kurds in Iraq<\/strong>. Also sure to get ink this morning: The US Senate struck down a measure<\/a> that would have made it possible for consumers to launch class-action suits against US financial institutions<\/strong> including banks and credit card companies.<\/p>\n","protected":false},"excerpt":{"rendered":"

President Abdel Fattah El Sisi wraps up his three-day visit to Paris today. El Sisi is expected to sign a number of MoUs with French President Emmanuel Macron that should see both countries cooperate in a number of areas, including renewable energy, transport, and culture. We have a full rundown on yesterday\u2019s meetings in Speed […]<\/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-639263","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":"429268cf-0a79-483f-ab63-ebdd170ab505","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[639261],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 25 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\/25\/what-were-tracking-on-25-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 25 October 2017\" \/>\n<meta property=\"og:description\" content=\"President Abdel Fattah El Sisi wraps up his three-day visit to Paris today. 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Finance Minister Amr El Garhy and CBE Governor Tarek Amer met earlier this month with IMF Chief Christine Lagarde, who \u201cpraised\u201d\u2026","rel":"","context":"In "What We're Tracking Today"","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\/2017\/10\/2021.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597712,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/02\/usd-3-bn-in-chinese-financing-for-egypt-as-el-sisi-deepens-ties-with-china-at-belt-and-road-forum-in-beijing\/","url_meta":{"origin":639263,"position":1},"title":"USD 3 bn in Chinese financing for Egypt as El Sisi deepens ties with China at Belt and Road Forum in Beijing","author":"enterpriseam admin","date":"2 May 2019","format":false,"excerpt":"USD 3 bn in fresh financing for Egypt as El Sisi deepens ties with China at Belt and Road Forum in Beijing: A series of new financing, manufacturing, and communications agreements were signed last week between Egyptian and Chinese companies as President Abdel Fattah El Sisi joined the three-day Belt\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/4\/1191.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":604660,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/10\/what-were-tracking-on-10-december\/","url_meta":{"origin":639263,"position":2},"title":"What we\u2019re tracking on 10 December","author":"enterpriseam admin","date":"10 December 2018","format":false,"excerpt":"It\u2019s all about the money this morning: From multilateral institutions to Big Oil and homegrown VC funds, this morning\u2019s headlines are dominated by announcements of several bn USD in fresh investment and financing. Funds from multilateral institutions are flowing to the private sector and infrastructure, and private sector companies have\u2026","rel":"","context":"In "What We're Tracking Today"","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":594532,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/el-sisis-meetings-kuwait-visit-dominates-talk-show-coverage-in-egypt\/","url_meta":{"origin":639263,"position":3},"title":"El Sisi\u2019s meetings, Kuwait visit dominates talk show coverage in Egypt","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"President Abdel Fattah El Sisi was front and center on the airwaves last night. Masaa DMC took note of the president\u2019s meeting with Japan's Mitsubishi Corporation CEO Takehiko Kakiuchi on the sidelines of the Tokyo International Conference on African Development (Ticad), which we cover in detail in this morning\u2019s Speed\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594080,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/","url_meta":{"origin":639263,"position":4},"title":"What we\u2019re tracking on 20 October 2019","author":"enterpriseam admin","date":"20 October 2019","format":false,"excerpt":"It\u2019s the final day of the IMF and World Bank annual meetings. Egyptian officials in Washington, DC, for the gathering had another busy few days over the weekend meeting with officials and members of the business community \u2014 and the world\u2019s central bankers have promised to use \u201call appropriate policy\u2026","rel":"","context":"In "What We're Tracking Today"","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":653127,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/30\/what-were-tracking-on-30-january-2017\/","url_meta":{"origin":639263,"position":5},"title":"What we\u2019re tracking on 30 January 2017","author":"enterpriseam admin","date":"30 January 2017","format":false,"excerpt":"The Pharaohs made it through to the Africa Cup of Nations semis yesterday. We have coverage in Speed Round and a tiny bit of snark about Amr Adib\u2019s enthusiasm in Last Night\u2019s Talk Shows, below. The search for a new cabinet lineup is ongoing, Prime Minister Sherif Ismail said, without\u2026","rel":"","context":"In "What We're Tracking Today"","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\/639263","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=639263"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/639263\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/639261"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=639263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=639263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=639263"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=639263"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=639263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}