{"id":641933,"date":"2017-08-02T04:07:11","date_gmt":"2017-08-02T04:07:11","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/what-were-tracking-on-02-august-2017\/"},"modified":"2017-08-02T04:07:11","modified_gmt":"2017-08-02T04:07:11","slug":"what-were-tracking-on-02-august-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/02\/what-were-tracking-on-02-august-2017\/","title":{"rendered":"What we\u2019re tracking on 02 August 2017"},"content":{"rendered":"

There\u2019s plenty of news this morning on the economic front, but at the risk of coming across <\/strong>as pro-state toadies, may we just come out and cheer Education Minister Tarek Shawki?<\/strong> The man has proposed a complete overhaul of the country\u2019s education system. There are many reasons why, in a nation of >100 mn, the private sector struggles to fill both blue- and white-collar vacancies \u2014 and the majority of those reasons rest in the education system. We have coverage in Last Night\u2019s Talk Shows and Speed Round, below.<\/p>\n

Foreign Minister Sameh Shoukry arrives in Khartoum today<\/strong> for talks with his Sudanese counterpart on Khartoum\u2019s ban on Egyptian agricultural imports, border issues and more, All Africa reports<\/a>.<\/p>\n

Supply Ministry to deduct overdue payments to bakers from deposits: <\/strong>Supply Minister Ali El Moselhy reached an agreement yesterday with bakery owners that will see the ministry deduct what it owes them in overdue ins. payments from deposits they are required to pay for flour under the newly-enacted<\/a> subsidy system, according to a ministry statement<\/a>. The ministry also extended the payment deadline <\/strong>and is giving bakers until the end of the week to pay the three-day ins. fee. Unhappy with the new system that forces them to purchase flour at market prices, bakeries across the country are still threatening to strike or shut down in reaction<\/strong>, according to Al Shorouk<\/a>.<\/p>\n

Open any business news website this morning and you\u2019ll be forgiven for thinking there is <\/strong>only one story globally that matters:<\/strong> Apple shares hit a new record after the company posted its best non-holiday quarter in two years on strong iPhone, iPad and Mac sales. CEO Tim Cook also said that \u201cWe really like what we see for the beginning of the back-to-school season\u201d as Apple \u201cissued strong revenue guidance for its fourth fiscal quarter, suggesting strong sales growth year-over-year,\u201d Business Insider<\/a> reports. \u201cThe strong guidance also hinted at the launch of a redesigned iPhone in September, which is expected to sell briskly.\u201d Bloomberg also takes a forward-looking view<\/a>, and the story is getting extensive coverage in the Financial Times<\/a>, the Wall Street Journal<\/a> and Reuters<\/a>, depending on where you prefer to read your news. For geeks, Apple Insider<\/a>, 9to5Mac<\/a> and Macrumors<\/a> are going wall-to-wall.<\/p>\n

The bond market is a bubble at the moment,<\/strong> former Fed Chief Alan Greenspan says in an interview with Bloomberg<\/a>. Real long-term interest rates are too low and unsustainable, Greenspan says, adding that when they do bounce back, the move upwards will be a rapid and could come as quite a shock. The former chairman references a theory known as the Fed Model to explain that the fact that bonds are outpacing equities as evidence that inflationary pressure isn\u2019t priced into bonds<\/strong>. While stock markets have proven robust against dips in the bond market, the moves have been limited because low inflation and slow growth have kept yields also low through rough patches. Greenspan thinks that the looming USD 4.5 tn that the US government needs to unwind and the era of stimulus ending threaten to burst the bond bubble. But hey, he\u2019s been wrong before<\/a>.<\/p>\n

Meanwhile: The <\/strong>greenback has bounced back<\/strong><\/a> from 15-month lows<\/strong> globally, Goldman<\/strong>Sachs is on a charm offensive<\/strong><\/a>to climb out of last place in trading, and we\u2019re really, really tired of reading stories such as \u201cSaudi Aramco IPO Pits London Against New York<\/strong><\/a>\u201d \u2014 choose, already.<\/p>\n","protected":false},"excerpt":{"rendered":"

There\u2019s plenty of news this morning on the economic front, but at the risk of coming across as pro-state toadies, may we just come out and cheer Education Minister Tarek Shawki? The man has proposed a complete overhaul of the country\u2019s education system. There are many reasons why, in a nation of >100 mn, the […]<\/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-641933","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":"225c955b-9d2d-41a0-acc4-8a7bbf881a93","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[641931],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 02 August 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\/08\/02\/what-were-tracking-on-02-august-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 02 August 2017\" \/>\n<meta property=\"og:description\" content=\"There\u2019s plenty of news this morning on the economic front, but at the risk of coming across as pro-state toadies, may we just come out and cheer Education Minister Tarek Shawki? 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You have 77 days left until your next holiday and c. 65 days left until Ramadan. Just sayin\u2019.IN THE HOUSE TODAY- CIT Minister Amr Talaat and Planning Minister Hala El Said will present their policy priorities to MPs today and tomorrow,\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":561177,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-were-tracking-on-29-march-2021\/","url_meta":{"origin":641933,"position":1},"title":"What we\u2019re tracking on 29 March 2021","author":"enterpriseam admin","date":"29 March 2021","format":false,"excerpt":"Good morning, nice people. Mondays are typically the slowest news days of the week, but not so today \u2014 we have plenty going on.IT\u2019S A BIG DAY FOR: Our covid-19 vaccine rollout. Yesterday, we reported that it seems unlikely we\u2019re going to be getting anytime soon the 5 mn of\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":576556,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/30\/what-were-tracking-on-30-november-2020\/","url_meta":{"origin":641933,"position":2},"title":"What we\u2019re tracking on 30 November 2020","author":"enterpriseam admin","date":"30 November 2020","format":false,"excerpt":"Good morning, everyone, and welcome to the last day of November. We\u2019re simultaneously a bit freaked out that the year is ending and anxiously awaiting the end of 2020.Thank you to each and every one of you who wrote in yesterday about our new look. We\u2019re delighted you\u2019re happy \u2014\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":591965,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/23\/what-were-tracking-on-monday-23-december-2019\/","url_meta":{"origin":641933,"position":3},"title":"What we\u2019re tracking on Monday, 23 December 2019","author":"enterpriseam admin","date":"23 December 2019","format":false,"excerpt":"The long-awaited cabinet shuffle materialized yesterday, bringing six new faces to the cabinet table and a handful of surprises, including Prime Minister Moustafa Madbouly being tapped to drum up investment in all of its flavors. We have chapter and verse in this morning\u2019s Speed Round, below. We also have a\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":591510,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/what-were-tracking-on-9-december-2019\/","url_meta":{"origin":641933,"position":4},"title":"What we\u2019re tracking on 9 December 2019","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"The House of Representatives had a busy first day back in session yesterday, with a pile of legislation receiving general assembly and committee-level approval. We have the full roundup in this morning\u2019s Speed Round, below. Today could be just as eventful, as proposed amendments to the 2005 Income Tax Act\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":559316,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/18\/what-were-tracking-on-18-january-2021\/","url_meta":{"origin":641933,"position":5},"title":"What we\u2019re tracking on 18 January 2021","author":"enterpriseam admin","date":"18 January 2021","format":false,"excerpt":"Good morning, friends \u2014 we\u2019ve now done this together for 1,500 mornings. Thank you, each and every one of you, for coming along for the ride. And if you enjoy reading us each weekday morning, please join us in thanking our friends at CIB, Pharos, Sodic, Somabay, Orascom Construction and\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\/641933","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=641933"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/641933\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/641931"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=641933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=641933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=641933"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=641933"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=641933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}