{"id":646638,"date":"2017-06-20T04:19:48","date_gmt":"2017-06-20T04:19:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/what-were-tracking-on-20-june-2017\/"},"modified":"2017-06-20T04:19:48","modified_gmt":"2017-06-20T04:19:48","slug":"what-were-tracking-on-20-june-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/20\/what-were-tracking-on-20-june-2017\/","title":{"rendered":"What we\u2019re tracking on 20 June 2017"},"content":{"rendered":"

<\/a> IT\u2019S OFFICIAL:<\/strong> Eid Al-Fitr in Egypt will be a three-day break from Sunday, 25 <\/strong>June until Tuesday, 27 June<\/strong>, Prime Minister Sherif Ismail announced yesterday, according to AMAY<\/a>. All public institutions will be closed on those days. The Central Bank of Egypt subsequently announced (pdf)<\/a> banks will also be closed Sunday-Tuesday.<\/p>\n

<\/a> The Electricity Ministry will be announcing new electricity prices after the Eid Al Fitr <\/strong>break,<\/strong> minister Mohamed Shaker said yesterday, explaining that only those customers in the highest consumption tier will be paying more than it actually costs to generate electricity, according to Youm7<\/a>. Those consuming over 1,000 KW a month will be paying a price higher than the actual cost of production at EGP 0.97 per KW. Profit generated on the highest-volume consumers will be used to defray in part the subsidy earmarked for users in the lowest-consumption tier, Shaker added.<\/p>\n

Budget talks postponed to today:<\/strong> The House of Representatives\u2019 general assembly will kick off its debate of the Ismail government\u2019s FY2017-18 budget today. The discussion was originally due to get underway yesterday, but was postponed to allow MPs time to wrap up other agenda items including amendments to the income tax code and raises for state bureaucrats, Al Borsa reports<\/a>. We have more on what they got up to yesterday in the Speed Round.<\/p>\n

Keep your ears to the ground: <\/strong>Last night was the deadline imposed by Investment Minister Sahar Nasr for a government committee to finish drafting the first cut of the executive regulations that will govern the new Investment Act.<\/p>\n

PSA- Enterprise will be taking the full week off<\/strong> next week, as we suspect many of you kind people will. We\u2019ll be back to our normal publication schedule on Sunday, 2 July.<\/p>\n

So, when do we eat?<\/strong> Maghrib prayers are at 6:59pm CLT in Cairo, and the cutoff time for sohour is 3:08am.<\/p>\n","protected":false},"excerpt":{"rendered":"

IT\u2019S OFFICIAL: Eid Al-Fitr in Egypt will be a three-day break from Sunday, 25 June until Tuesday, 27 June, Prime Minister Sherif Ismail announced yesterday, according to AMAY. All public institutions will be closed on those days. The Central Bank of Egypt subsequently announced (pdf) banks will also be closed Sunday-Tuesday. The Electricity Ministry will […]<\/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-646638","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":"2d40ec5d-9fae-4704-bf39-75c094d2db21","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[646636],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 20 June 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\/06\/20\/what-were-tracking-on-20-june-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 20 June 2017\" \/>\n<meta property=\"og:description\" content=\"IT\u2019S OFFICIAL: Eid Al-Fitr in Egypt will be a three-day break from Sunday, 25 June until Tuesday, 27 June, Prime Minister Sherif Ismail announced yesterday, according to AMAY. 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Osama Heikal tells Youm7. Among the bills waiting to receive House approval: The FY2018-19 state budget, part two of the Media Act, and amendments to the Criminal Procedures Act, Heikal\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":571596,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/18\/egypt-faces-stricter-lockdown-measures-for-the-week-of-eid-el-fitr-before-phase-1-of-govt-reopening-plan-comes-into-effect\/","url_meta":{"origin":646638,"position":1},"title":"Egypt faces stricter lockdown measures for the week of Eid El Fitr before phase 1 of gov\u2019t reopening plan comes into effect","author":"enterpriseam admin","date":"18 May 2020","format":false,"excerpt":"Egypt faces stricter lockdown measures for the week of Eid El Fitr, then a gradual loosening in June: Egypt will be under a 5pm-6am curfew and all shops will be closed next week as the Madbouly government enforces tighter restrictions designed to curb the spread of the virus that causes\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/186.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625703,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/what-were-tracking-this-week-and-beyond-104\/","url_meta":{"origin":646638,"position":2},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"13 August 2018","format":false,"excerpt":"Dar Al Ifta announced the first day of Eid Al Adha will be Tuesday, 21 August, with Waqfat Arafat taking place on Monday. Expect most people to also take next Sunday off to bridge into a full nine-day vacation. Governors shuffle coming after Eid break: A shuffle of the nation\u2019s\u2026","rel":"","context":"In "Up Next"","block_context":{"text":"Up Next","link":"https:\/\/enterpriseam.com\/egypt\/category\/up-next\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":630548,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/24\/what-were-tracking-this-week-41\/","url_meta":{"origin":646638,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"24 April 2018","format":false,"excerpt":"EXCLUSIVE- Egypt and Saudi Arabia are expected to sign contracts for their USD 1.6 bn electricity interconnection project \u201cwithin days,\u201d a senior government official told us yesterday. Egypt has completed all the necessary prep work for the project, which should see the two countries exchange up to 3 GW of\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":629458,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/31\/eastern-tobacco-to-sell-additional-4-on-egx-after-eid-break\/","url_meta":{"origin":646638,"position":4},"title":"Eastern Tobacco to sell additional 4% on EGX after Eid Break","author":"enterpriseam admin","date":"31 May 2018","format":false,"excerpt":"IPO WATCH- Eastern Company to sell additional stake on the EGX after Eid Al Fitr: The Eastern Tobacco Company will be the first state-owned enterprise to float additional shares on the EGX under the government\u2019s privatization program immediately after the Eid Al Fitr break (which ends around 17-18 June), Public\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":646746,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/22\/what-were-tracking-on-22-june-2017\/","url_meta":{"origin":646638,"position":5},"title":"What we\u2019re tracking on 22 June 2017","author":"enterpriseam admin","date":"22 June 2017","format":false,"excerpt":"The House of Representatives approved the FY2017-18 budget yesterday, including the new subsidy increases adopted on Tuesday (we have more in Speed Round, below). The news came at the tail end of a marathon sprint to the finish-line by MPs which saw them vote on key legislation. Our elected representatives\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\/646638","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=646638"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/646638\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/646636"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=646638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=646638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=646638"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=646638"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=646638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}