{"id":642995,"date":"2017-08-28T03:59:17","date_gmt":"2017-08-28T03:59:17","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/what-were-tracking-this-week-146\/"},"modified":"2017-08-28T03:59:17","modified_gmt":"2017-08-28T03:59:17","slug":"what-were-tracking-this-week-146","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/what-were-tracking-this-week-146\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"

The central bank will be reviewing the Federation of Egyptian Banks\u2019 (FEB) notes on the <\/strong>draft of changes to the Banking and Central Bank Act<\/strong><\/a> this week<\/strong>, sources tell Al Borsa<\/a>. The same sources say to expect central bank officials to be in and out of meetings with members of the FEB in the weeks to follow, as they attempt to reconcile a number of controversial items on the bill<\/a>, including term limits for managing directors, CBE representation on bank boards, and a proposal that banks kick in 5% of their bottom line for an industry development fund.<\/p>\n

An amended Nile traffic bill is making its way to the Council of State (Maglis Al Dawla) <\/strong>before being handed to the House Transportation Committee for discussion once parliament begins its fall session, Al Mal reports<\/a>. Cabinet had signed off on the draft law<\/a> last week.<\/p>\n

Also on the legislative front, it wouldn\u2019t surprise us if the Ismail cabinet reviewed the long-awaited Universal Healthcare Act this week<\/strong>, probably during its weekly meeting on Wednesday, ahead of a promised fall debate in the House.<\/p>\n

Egypt will hold several treasury bill auctions on Wednesday to replace sales originally scheduled during the Eid break<\/strong>, the Finance Ministry announced, according to Reuters<\/a>. Egypt is set to sell 91-day, 182-day, 273-day, and 364-day bills on Wednesday. On 5 September three-year and seven-year bonds will be up for sale.<\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank will be reviewing the Federation of Egyptian Banks\u2019 (FEB) notes on the draft of changes to the Banking and Central Bank Act this week, sources tell Al Borsa. The same sources say to expect central bank officials to be in and out of meetings with members of the FEB in the weeks […]<\/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":[9490],"tags":[72,9489],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-642995","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-this-week","tag-enterpriseam","tag-what-were-tracking-this-week","wpautop","entry"],"acf":{"mongo_id":"fa7c3ac7-2067-4858-bc4c-94eb530e6e73","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[642988],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking this week - 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\/28\/what-were-tracking-this-week-146\/\" \/>\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 this week\" \/>\n<meta property=\"og:description\" content=\"The central bank will be reviewing the Federation of Egyptian Banks\u2019 (FEB) notes on the draft of changes to the Banking and Central Bank Act this week, sources tell Al Borsa. 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There\u2019s been no word from the Central Bank of Egypt on whether banks take 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":641062,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/12\/what-were-tracking-this-week-127\/","url_meta":{"origin":642995,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"12 September 2017","format":false,"excerpt":"Pharos Holding is hosting its \u201cEgypt Banking Day\u201d eventtomorrow (Wednesday, 13 September) to highlight developments in the banking sector domestically. The event aims to provide insight on the banking sector through one-on-one meetings, as well as to foster closer relationships and open communications between the banks and investors. Egypt Banking\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":644748,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/03\/what-were-tracking-this-week-148\/","url_meta":{"origin":642995,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"3 July 2017","format":false,"excerpt":"The Central Bank of Egypt\u2019s Monetary Policy Committee will meet on Thursday, 6 July to review interest rates. The air is still tense at the prospect of another interest rate hike akin to the 200 bps increase in rates in May. Banking sources tell Al Shorouk that the committee will\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":630171,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-this-week-35\/","url_meta":{"origin":642995,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"15 April 2018","format":false,"excerpt":"Finance Minister Amr El Garhy will head to Washington, DC, on Monday for the IMF and World Bank\u2019s Spring Meetings from April 16-22. Investment Minister Sahar Nasr and Central Bank Governor Tarek Amer are also attending, Al Masry Al Youm says. You can check out the landing page for 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":651550,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/15\/what-were-tracking-this-week-208\/","url_meta":{"origin":642995,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"15 February 2017","format":false,"excerpt":"The Central Bank of Egypt\u2019s Monetary Policy Committee to leave interest rates unchanged when it meets on Thursday, a Reuters poll suggests.","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":652237,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/04\/what-were-tracking-this-week-215\/","url_meta":{"origin":642995,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"4 January 2017","format":false,"excerpt":"Strong reserves report expected: The central bank is expected to tell us by Thursday how much reserves were in its coffers at the end of 2016, and we speculate it will be a pleasant surprise.","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642995","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=642995"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/642995\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/642988"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=642995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=642995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=642995"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=642995"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=642995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}