{"id":641658,"date":"2017-09-28T04:04:52","date_gmt":"2017-09-28T04:04:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/what-were-tracking-on-28-september-2017\/"},"modified":"2017-09-28T04:04:52","modified_gmt":"2017-09-28T04:04:52","slug":"what-were-tracking-on-28-september-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/28\/what-were-tracking-on-28-september-2017\/","title":{"rendered":"What we\u2019re tracking on 28 September 2017"},"content":{"rendered":"

It\u2019s interest rate day: <\/strong>The central bank\u2019s Monetary Policy Committee meets today to decide on key interest rates. Ten of 12 economists polled by Reuters see the central bank leaving rates on hold<\/a> as inflation hasn\u2019t cooled enough for the CBE to declare victory.<\/p>\n

<\/a> Enjoy your last weekend of peace for some time: Our esteemed elected representatives<\/strong>return to work on Monday<\/strong>, and their business-related agenda is long. President Abdel Fattah issued a decree declaring that the House of Representatives\u2019 fall legislative session begins on Monday, 2 October<\/strong>, Al Shorouk reports<\/a>.<\/p>\n

(Stream-of-consciousness interruption: The first Monday in October is also the day on which the US Supreme Court always goes back into session. Which reminds us of the Walter Matthau film The First Monday in October<\/a>. Which brings up what could be the single most relevant movie line ever written: \u201cA telephone has no constitutional right to be answered.<\/strong>\u201d)<\/p>\n

What will MPs be doing to \/ for us? <\/strong>Our laundry list of key legislation of interest to business is here<\/a>. Notable updates:<\/p>\n

The Central Banking Act:<\/strong> According to the IMF report on the economic reform program, the CBE will send amendments to the Central Banking Act to the cabinet for review in 31 December, meaning the House won\u2019t get to it until 2018.<\/p>\n

The Universal Healthcare Act: <\/strong>Health Minister Ahmed Rady said yesterday that the bill will be on the docket this fall, Youm7 reports<\/a>. We had said yesterday<\/a> that the bill has been with the Council of State for the last six months, likely delayed to allow time for the review of the results of actuarial studies that will be key to costing the law. It would also appear that the Health Ministry plans to roll into the bill <\/strong>legislation that would allow it to regulate prices<\/strong><\/a> of private-sector healthcare providers<\/strong>.<\/p>\n

The Automotive Directive:<\/strong> After stalling for most of this year, we heard that the House will resume talks on the bill, which would grant incentives to local assemblers. The House Industry will hold hearings<\/a> with Trade and Industry Minister Tarek Kabil and industry representatives. A lawmaker had said in August that the House would likely vote on the bill as early as November<\/a>.<\/p>\n

Unified Building Codes:<\/strong> Amendments to the Unified Building Codes are with cabinet for review. The amendments \u2014 which focus on facilitating licensing, tightening safety codes, and better enforcement \u2014 will be sent to the House of Representatives once receiving approval from the cabinet.<\/p>\n

All four mobile network operators are expected to launch 4G services today<\/strong> in a ceremony attended by Prime Minister Sherif Ismail and ICT Minister Yasser El Kady, Al Borsa reports<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s interest rate day: The central bank\u2019s Monetary Policy Committee meets today to decide on key interest rates. Ten of 12 economists polled by Reuters see the central bank leaving rates on hold as inflation hasn\u2019t cooled enough for the CBE to declare victory. Enjoy your last weekend of peace for some time: Our esteemed […]<\/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-641658","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":"cd57df1e-9062-4806-8618-213b9c4236c5","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641656],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 28 September 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\/09\/28\/what-were-tracking-on-28-september-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 28 September 2017\" \/>\n<meta property=\"og:description\" content=\"It\u2019s interest rate day: The central bank\u2019s Monetary Policy Committee meets today to decide on key interest rates. 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Despite inflation falling on an annual basis again in October, we\u2019re not expecting a cut in rates before the MPC\u2019s 28 December meeting, by which time a year of post-float inflation data will be in the bag.The\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":636259,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/what-were-tracking-on-28-december-2017\/","url_meta":{"origin":641658,"position":1},"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 "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":625165,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/30\/what-were-tracking-on-30-september-2018\/","url_meta":{"origin":641658,"position":2},"title":"What we\u2019re tracking on 30 September 2018","author":"enterpriseam admin","date":"30 September 2018","format":false,"excerpt":"It\u2019s the last day of September \u2014 and of Q3 while we\u2019re at it. Happy start of earnings season, ladies and gentlemen. We also hope you\u2019re already working on your 2019 plans and budgets \u2014 an exercise that is always equal parts agony and ecstasy around here. Musical accompaniment for\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":628357,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/02\/what-were-tracking-on-2-may-2018\/","url_meta":{"origin":641658,"position":3},"title":"What we\u2019re tracking on 2 May 2018","author":"enterpriseam admin","date":"2 May 2018","format":false,"excerpt":"It\u2019s merry merry month of May, as stocks fly of the shelves and fridges get packed with Ramadan supplies. The holy month is only a few weeks away at this point, with expectations hovering at around 16 or 17 May. As it\u2019s the first week of the month, we\u2019re expecting\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":625734,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/14\/what-were-tracking-on-14-august-2018\/","url_meta":{"origin":641658,"position":4},"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 "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":594080,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/what-were-tracking-on-20-october-2019\/","url_meta":{"origin":641658,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641658","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=641658"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641658\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641656"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641658"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641658"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}