{"id":644699,"date":"2017-07-02T05:28:35","date_gmt":"2017-07-02T05:28:35","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/what-were-tracking-this-week-147\/"},"modified":"2017-07-02T05:28:35","modified_gmt":"2017-07-02T05:28:35","slug":"what-were-tracking-this-week-147","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/02\/what-were-tracking-this-week-147\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"

New electricity prices will be announced end of this week<\/strong>, sources tell Al Mal<\/a>. The move to raise prices by an average of 30%, will be part of a general phase out of subsidies which will continue until 2021, unnamed sources tell Al Masry Al Youm<\/a>. Prime Minister Sherif Ismail reportedly said that the hikes would be reflected in August\u2019s bills, the newspaper reports<\/a>. There remains confusion as to how expansive the subsidy cuts will be. Government sources say<\/a> hikes will only apply to high consumption tiers, while Al Mal<\/a> is reporting that all tiers will see price increases. Separately, water prices<\/a> will reportedly increase starting October.<\/p>\n","protected":false},"excerpt":{"rendered":"

New electricity prices will be announced end of this week, sources tell Al Mal. The move to raise prices by an average of 30%, will be part of a general phase out of subsidies which will continue until 2021, unnamed sources tell Al Masry Al Youm. Prime Minister Sherif Ismail reportedly said that the hikes […]<\/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-644699","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":"98760785-30f9-4d1e-9983-4e13c79d3a5a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[644695],"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\/07\/02\/what-were-tracking-this-week-147\/\" \/>\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=\"New electricity prices will be announced end of this week, sources tell Al Mal. 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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":644852,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/what-were-tracking-this-week-150\/","url_meta":{"origin":644699,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"5 July 2017","format":false,"excerpt":"We are only one day away from the CBE\u2019s Monetary Policy Committee meeting this Thursday. Conventional wisdom has it that the CBE with hold interest rates, a view held by economists in a Reuters poll which we noted yesterday. HSBC and Beltone Financial both also predict that the CBE 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":644800,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/04\/what-were-tracking-this-week-149\/","url_meta":{"origin":644699,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"4 July 2017","format":false,"excerpt":"Nine out of 10 economists polled by Reuters believe that it is unlikely that the Central Bank Monetary Policy Committee will move to raise interest rates at its meeting this Thursday, despite anticipating a rise in inflation over the coming months as a result of last Thursday\u2019s fuel hikes. \"We\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":631207,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/13\/what-were-tracking-this-week-46\/","url_meta":{"origin":644699,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"13 March 2018","format":false,"excerpt":"Cabinet is expected to discuss the executive regulations to the controversial NGO law \u201cwithin days,\u201d government sources tell Al Borsa. The government had consulted with a number of civil society organizations for input on the regs, according to the sources. Parliament had signed off on the bill \u2014 which forbids\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":636064,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/what-were-tracking-this-week-91\/","url_meta":{"origin":644699,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"The government will start drafting the executive regulations of the Universal Healthcare Act this week, after the House of Representatives passed the law on Tuesday, sources close to the Ismail cabinet tell Al Shorouk. 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