{"id":640903,"date":"2017-09-07T04:06:49","date_gmt":"2017-09-07T04:06:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/on-the-horizon-152\/"},"modified":"2017-09-07T04:06:49","modified_gmt":"2017-09-07T04:06:49","slug":"on-the-horizon-152","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/on-the-horizon-152\/","title":{"rendered":"On the horizon"},"content":{"rendered":"

The Council of State is expected to begin reviewing the Investment Act\u2019s executive <\/strong>regulations next week<\/strong> and finalize its work by the end of the month.<\/p>\n

Telecom Egypt could be rolling out mobile services nationwide next week<\/strong>, according to Al Mal<\/a>. TE is looking to snag a 2-3% market share for its first year in operation, or about 2 mn customers. The market had some 100.31 mn subscribers in the 12 month period ending in July 2017, the newspaper reports.<\/p>\n

A UK trade delegation headed by trade envoy Sir Jeffrey Donaldson will be visiting <\/strong>Egypt this month<\/strong> to discuss investment in infrastructure, among other topics.<\/p>\n

Vice-chairman of the Federal Reserve Stanley Fischer submitted his resignation to US <\/strong>President Donald Trump<\/strong>, according to the FT (paywall)<\/a>. The move comes at a very fluid time for US monetary policy and ahead of the Fed Policy meeting on 19-20 September<\/a>. The resignation leaves several Fed seats empty, giving Trump room to influence central bank policy. Fischer maintained an active and hawkish fed policy and opposed deregulating Wall Street, something Trump heavily favours. With Fed boss Janet Yellen potentially nearing the end of her tenure, after Trump indicated he may not reappoint her, the Fed could be in for a massive shift in gear. Trump had signalled that he may look to appoint his top economic advisor, Gary Cohn, as Fed chairman, as he may opt to pick a candidate more in line with his policy and going against the mold of previous presidents and maintaining continuity, says writes Craig Torres for Bloomberg<\/a>.<\/p>\n

The shakeup in the Fed comes as inflation in the US continues to be muted<\/strong> despite the American economy expanding moderately in July through to mid-August, according to the latest survey conducted by the Fed<\/a> on Wednesday. The inflation question has stumped central bankers and will probably the issue guiding the Fed during the policy meeting.<\/p>\n

Our own central bank\u2019s Monetary Policy Committee will be <\/strong>meeting on 28 September<\/strong><\/a> to decide on Egypt\u2019s interest rates, which we don\u2019t expect to see lowered before the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Council of State is expected to begin reviewing the Investment Act\u2019s executive regulations next week and finalize its work by the end of the month. Telecom Egypt could be rolling out mobile services nationwide next week, according to Al Mal. TE is looking to snag a 2-3% market share for its first year in […]<\/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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640903","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"0dbe1dd7-ed9a-491c-92dd-5482b78e747b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[640897],"teaser":"","voice_url":""},"yoast_head":"\nOn the horizon - 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\/09\/07\/on-the-horizon-152\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The Council of State is expected to begin reviewing the Investment Act\u2019s executive regulations next week and finalize its work by the end of the month. 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The announcement came during\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647410,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/on-the-horizon-214\/","url_meta":{"origin":640903,"position":1},"title":"On the horizon","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"Trade Minister Tarek Kabil will angle for more Chinese investment when he heads next week to the 14-15 May Belt and Road Forum for International Cooperation in Beijing, Chinese state news agency Xinhua reports. \u201cThe Chinese investments in Egypt are less than USD 600 mn, which is very small given\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642579,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/17\/on-the-horizon-171\/","url_meta":{"origin":640903,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"17 August 2017","format":false,"excerpt":"A World Bank delegation is set to visit Egypt this coming Sunday through Thursday to discuss signing the third and final USD 1 bn tranche of its USD 3 bn loan, according to a statement from the Investment and International Cooperation Ministry. 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The Council of State had completed\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646260,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/on-the-horizon-202\/","url_meta":{"origin":640903,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"11 June 2017","format":false,"excerpt":"The Investment Ministry will submit draft executive regulations for the Investment Act within a month, Minister Sahar Nasr said, according to Reuters.Central Bank officials will be meeting after Eid Al-Fitr with representatives from companies that are yet to settle pre-EGP float liabilities of more than USD 5 mn, the Secretary\u2026","rel":"","context":"In "ON THE HORIZON"","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"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\/640903","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=640903"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/640903\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/640897"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=640903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=640903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=640903"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=640903"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=640903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}