{"id":647244,"date":"2017-05-07T04:00:05","date_gmt":"2017-05-07T04:00:05","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/07\/what-were-tracking-on-07-may-2017\/"},"modified":"2017-05-07T04:00:05","modified_gmt":"2017-05-07T04:00:05","slug":"what-were-tracking-on-07-may-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/07\/what-were-tracking-on-07-may-2017\/","title":{"rendered":"What we\u2019re tracking on 07 May 2017"},"content":{"rendered":"<p><strong>Will we have an Investment Act today? <\/strong>The House of Representatives is scheduled to hold its final vote on the Investment Act today, ending a long, drawn-out debate. The move comes after the deadlock last week on some of the bill\u2019s key issues was resolved on Thursday. We have more in Speed Round, below. <strong>The House will also vote today on a 10% social welfare raise<\/strong> for state employees not covered under the Civil Service Act, <a href=\"http:\/\/www.ahram.org.eg\/News\/202257\/5\/593019\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D8%A7%D9%84%D8%A8%D8%B1%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B5%D9%88%D8%AA-%D9%86%D9%87%D8%A7%D8%A6%D9%8A%D8%A7-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%B9%D9%84%D9%89-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%88%D8%A9-%D9%88%D9%82%D8%A7%D9%86%D9%88%D9%86%D9%89-%D8%A7%D9%84%D8%A7.aspx\">Al Ahram<\/a> reports.<\/p>\n<p><strong>AmCham\u2019s annual Doorknock Missing to Washington, DC, ended on Friday. <\/strong>We have coverage of the last couple of days in a special report at the end of today\u2019s Speed Round, below.<\/p>\n<p>Following up on the drumbeat of new investment we <a href=\"https:\/\/enterprise.press\/issues\/2017\/05\/04\/leading-edge-wave-domestic-investment\/\">noted in Thursday\u2019s edition<\/a>, we have news this morning of <strong>two investments worth a combined USD 800 mn<\/strong>. Once again, details in Speed Round.<\/p>\n<p><strong>An IMF delegation is still in town to review the Ismail government\u2019s progress<\/strong> on its economic reform package. <strong>The World Bank is sending a delegation this week <\/strong>to meet with the government on economic reforms before disbursing the USD 1 bn third tranche of its USD 3 bn loan to Egypt, <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/04\/what-were-tracking-on-4-may-2017\/\">as we reported<\/a> from Washington last week. The third tranche should be disbursed by year\u2019s end.<\/p>\n<p><strong>Finance Minister Amr El Garhy is expected to announce the state\u2019s haul from this year\u2019s<\/strong><strong>tax season<\/strong> at a press conference scheduled today, according to <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1129387\">Al Masry Al Youm<\/a>.<\/p>\n<p><strong>The government will announce this week that GDP growth for 3Q16-17 reached 3.9%<\/strong>, Planning Minister Hala El Saeed told <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=332657\">Al Mal<\/a>.<\/p>\n<p><strong>President Abdel Fattah El Sisi is due in Kuwait today for a two-day visit<\/strong> during which he is <a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/04\/what-were-tracking-on-4-may-2017\/\">expected to meet<\/a> with Kuwaiti Emir Sheikh Sabah Ahmad Al Jaber Al Sabah. El Sisi will then head to Bahrain to hold similar talks with King Hamad bin Isa Al Khalifa.<\/p>\n<p><strong>CIB removed on Thursday its cap on international use of debit cards<\/strong>, <a href=\"http:\/\/www.cibeg.com\/English\/Personal\/Cards\/Documents\/CIB%20Cards%20International%20Spend%20Limits%20English.pdf\">the bank announced in a statement<\/a>. The bank had also dropped international spending limits on its credit cards <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/23\/what-were-tracking-on-23-april-2015\/\">last month<\/a>.<\/p>\n<p><strong>The French will be heading to the polls today<\/strong> to elect their next president amid a <a href=\"http:\/\/edition.cnn.com\/2017\/05\/05\/europe\/france-election-macron-hack-allegation\/\">potentially damaging hack<\/a> against front-runner Emmanuel Macron.<\/p>\n<p><strong>The majority of our readers \u2014 like us \u2014 are bilingual, and that apparently means we all <\/strong><strong>experience time \u201cdifferently\u201d<\/strong> because we can shift between different concepts and measurements of time in each of the languages we speak. It\u2019s not rocket science, but if you have a moment, <a href=\"http:\/\/www.independent.co.uk\/life-style\/bilingual-speakers-time-different-people-one-language-study-swedish-spanish-a7715146.html\">check out the Independent<\/a> and marvel that there is so much left to study in this world.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Will we have an Investment Act today? The House of Representatives is scheduled to hold its final vote on the Investment Act today, ending a long, drawn-out debate. The move comes after the deadlock last week on some of the bill\u2019s key issues was resolved on Thursday. We have more in Speed Round, below. The [&hellip;]<\/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-647244","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":"15582ca2-9042-49b6-a599-bc7ca29f89ed","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647242],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What we\u2019re tracking on 07 May 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\/05\/07\/what-were-tracking-on-07-may-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 07 May 2017\" \/>\n<meta property=\"og:description\" content=\"Will we have an Investment Act today? The House of Representatives is scheduled to hold its final vote on the Investment Act today, ending a long, drawn-out debate. The move comes after the deadlock last week on some of the bill\u2019s key issues was resolved on Thursday. We have more in Speed Round, below. 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A terror attack on a Coptic Orthodox church in Helwan on Friday left at least 11 people dead in its wake. Daesh claimed responsibility for the act, as investigators discovered the assailant\u2019s identity and links to previous terror attacks (We have full coverage\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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\/2017\/11\/140.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":647129,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/03\/what-were-tracking-on-03-may-2017\/","url_meta":{"origin":647244,"position":1},"title":"What we\u2019re tracking on 03 May 2017","author":"enterpriseam admin","date":"3 May 2017","format":false,"excerpt":"We got a step closer to a new Investment Act yesterday (more on that in Speed Round, below) after a late afternoon session of the House of Representatives approved almost all of the bill\u2019s 92 articles. A final vote on the floor of the House could take place today if\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":647407,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/what-were-tracking-on-10-may-2017\/","url_meta":{"origin":647244,"position":2},"title":"What we\u2019re tracking on 10 May 2017","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"Prime Minister Sherif Ismail will fly to the UK today to participate in the two-day London Somalia Conference 2017, Ahram Online reports.The House of Representatives is expected to vote today on the 10% hardship raise forbureaucrats not covered by the Civil Service Act after postponing the vote once again due\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":630166,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/15\/what-were-tracking-on-15-april-2018\/","url_meta":{"origin":647244,"position":3},"title":"What we\u2019re tracking on 15 April 2018","author":"enterpriseam admin","date":"15 April 2018","format":false,"excerpt":"The House of Representatives will formally kick off its budget debate today,with Finance Minister Amr El Garhy and Planning Minister Hala El Said set to brief MPs on the state budget FY2018-19, according to Ahram Online. The House Budget Committee began deliberating on the budget a week ahead of schedule\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","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":647850,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/22\/what-were-tracking-this-week-181\/","url_meta":{"origin":647244,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"22 May 2017","format":false,"excerpt":"Budget talks at the House: Discussion of the FY2017-18 budget continue today at the House of Representatives, according to Al Mal, with Supply Minister Ali El Moselhy set to meet with members of the economics and budget committees. The budget committee is also expected to discuss spending priorities with the\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","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":648643,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/what-were-tracking-this-week-188\/","url_meta":{"origin":647244,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"9 April 2017","format":false,"excerpt":"Legislation Watch (or \u201cThe InshaAllah hour\u201d): The House of Representatives\u2019 Economic Committee will wrap its review of the draft Investment Act on Monday and then send the bill on for a plenary session vote, AMAY reports. Members of the House\u2019s Budgeting, Manpower, and Legislative Committees are expected to attend Monday\u2019s\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","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\/647244","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=647244"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647244\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647242"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647244"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647244"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}