{"id":647523,"date":"2017-05-14T04:01:27","date_gmt":"2017-05-14T04:01:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/"},"modified":"2017-05-14T04:01:27","modified_gmt":"2017-05-14T04:01:27","slug":"on-the-horizon-216","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>The Central Bank of Egypt\u2019s Monetary Policy Committee <\/strong>will hold a rare Sunday meeting on 21 May to discuss interest rates. <strong>Will the MPC hike rates<\/strong>, as it appears <a href=\"https:\/\/enterprise.press\/stories\/2017\/04\/23\/imf-wants-egypt-to-raise-interest-rates-to-curb-inflation\/\">the IMF is pushing it to do<\/a>? Pharos Holding\u2019s Ramy Oraby suggests it will leave them unchanged, noting that a cool-off in headline consumer price inflation and of the producer price index as well as tight monetary conditions across the economy. <a href=\"https:\/\/ent.news\/2017\/5\/263.pdf\">Tap or click here to read the full note (pdf)<\/a>.<\/p>\n<p><strong>The Finance Ministry hand out 10% hardship raise for bureaucrats <\/strong>not covered under the Civil Service Act in a single transaction before Ramadan starts, a statement from the ministry carried by <a href=\"http:\/\/www.alborsanews.com\/2017\/05\/11\/1021161\">Al Borsa said on Thursday<\/a>. The raise will be applied retroactively from July 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Bank of Egypt\u2019s Monetary Policy Committee will hold a rare Sunday meeting on 21 May to discuss interest rates. Will the MPC hike rates, as it appears the IMF is pushing it to do? Pharos Holding\u2019s Ramy Oraby suggests it will leave them unchanged, noting that a cool-off in headline consumer price inflation [&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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647523","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"ce569928-5890-456e-a4f4-bb5c84eddd17","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647518],"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>On the horizon - 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\/14\/on-the-horizon-216\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The Central Bank of Egypt\u2019s Monetary Policy Committee will hold a rare Sunday meeting on 21 May to discuss interest rates. 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Pharos Holding\u2019s Ramy Oraby suggests it will leave them unchanged, noting that a cool-off in headline consumer price inflation [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-14T04:01:27+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"On the horizon\",\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\"},\"wordCount\":127,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"ON THE HORIZON\"],\"articleSection\":[\"ON THE HORIZON\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\",\"name\":\"On the horizon - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-14T04:01:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"On the horizon\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"On the horizon - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/on-the-horizon-216\/","og_locale":"en_US","og_type":"article","og_title":"On the horizon","og_description":"The Central Bank of Egypt\u2019s Monetary Policy Committee will hold a rare Sunday meeting on 21 May to discuss interest rates. 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A delegation of 22 British companies led by UK trade envoy Jeffrey Donaldson is visiting Egypt on 10 February to discuss a tripartite trade agreement between the UK, Egypt, and China centered on exports\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627556,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/05\/on-the-horizon-6\/","url_meta":{"origin":647523,"position":1},"title":"On the horizon","author":"enterpriseam admin","date":"5 June 2018","format":false,"excerpt":"Who will manage the Grand Egyptian Museum? Egypt will announce on Sunday the details of the prequalification stage of the tender for the management of the Grand Egyptian Museum (GEM), according to the Investment Ministry (pdf). Antiquities Minister Khaled Anany said a couple of months back that the ministry expects\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":651145,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/06\/on-the-horizon-253\/","url_meta":{"origin":647523,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"6 February 2017","format":false,"excerpt":"Interest rate watch: The Central Bank of Egypt\u2019s Monetary Policy Committee will meet on Thursday, 16 February to review rates. The MPC\u2019s full-year 2017 schedule is here.Flights from Russia to resume? Keep an eye on 23 February, the date state-owned Russian news service Sputnik said had been penciled in for\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636011,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/on-the-horizon-114\/","url_meta":{"origin":647523,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"The central bank will meet a week from Thursday to consider interest rates. The emerging consensus seems to be that the 28 December meeting of the Monetary Policy Committee won\u2019t interest rates cut after a surprise month-on-month surge in inflation in November.","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636127,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/21\/on-the-horizon-116\/","url_meta":{"origin":647523,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"21 December 2017","format":false,"excerpt":"The central bank will meet a week from today to consider interest rates. The emerging consensus seems to be that the 28 December meeting of the Monetary Policy Committee won\u2019t see interest rates cut after a surprise month-on-month surge in inflation in November.","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636065,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/20\/on-the-horizon-115\/","url_meta":{"origin":647523,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"20 December 2017","format":false,"excerpt":"The central bank will meet a week from Thursday to consider interest rates. The emerging consensus seems to be that the 28 December meeting of the Monetary Policy Committee won\u2019t see interest rates cut after a surprise month-on-month surge in inflation in November. 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