{"id":648640,"date":"2017-04-09T04:01:23","date_gmt":"2017-04-09T04:01:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/what-were-tracking-on-9-april-2017\/"},"modified":"2017-04-09T04:01:23","modified_gmt":"2017-04-09T04:01:23","slug":"what-were-tracking-on-9-april-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/09\/what-were-tracking-on-9-april-2017\/","title":{"rendered":"What we\u2019re tracking on 9 April 2017"},"content":{"rendered":"<p><strong>We begin this morning with a holiday advisory<\/strong> if, perchance, the coming respite has slipped off your radar:<\/p>\n<p><strong>We are just days away from the Easter \/ Sham El Neseem break <\/strong>\u2014 our first long weekend since January. Banks and the stock market are closed Sunday (16 April) and Monday (17 April). It would be somewhat unseemly to start the week the counting hours remaining (we suggest saving that for Wednesday morning).<\/p>\n<p><strong>We\u2019re also off Tuesday, 25 April <\/strong>(for Sinai Liberation Day) <strong>and Monday, 1 May <\/strong>(for Labour Day).<\/p>\n<p><strong>Ramadan is due to start <\/strong>(depending on whether you believe <a href=\"https:\/\/www.google.com\/webhp?sourceid=chrome-instant&ion=1&espv=2&ie=UTF-8#q=ramadan+in+egypt+in+2017\">Google<\/a>\u2019s search results, Google\u2019s Calendar app or a February report from <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/1\/64\/258751\/Egypt\/Politics-\/Ramadan-to-start-in-Egypt-on--May-National-Astrono.aspx\">Ahram Online<\/a>) some time 25-27 May.<\/p>\n<p><strong>The de rigueur Sunday Morning Expression of Optimism:<\/strong> \u201cRamzi Sidani, senior frontier markets fund manager at <strong>HSBC \u2026 is also optimistic about Egypt<\/strong>, which Sidani said is taking the right steps as part of its deal with the IMF. \u2018<strong>Inflation has more or less peaked<\/strong>, and in the long run the currency should improve, although in the short term there will be pain as companies adjust to the new environment,\u2019 he said.\u201d (Brief mention in the Wall Street Journal\u2019s <a href=\"http:\/\/blogs.wsj.com\/frontiers\/2017\/04\/08\/this-week-on-the-frontiers-april-8th-2017\/\">This Week on The Frontiers<\/a> column.)<\/p>\n<p><strong>Thank God we\u2019re not\u2026 <\/strong>South Africa. Fitch became <a href=\"http:\/\/www.cnbc.com\/2017\/04\/07\/fitch-downgrades-south-africas-credit-rating-to-junk-status.html\">the second ratings agency<\/a> to cut to junk the credit rating of our continental rival for investment, downgrading the country to BBB- from BB+ on Friday in reaction to President Jacob Zuma\u2019s ouster of exceptionally competent finance minister Pravin Gordhan.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We begin this morning with a holiday advisory if, perchance, the coming respite has slipped off your radar: We are just days away from the Easter \/ Sham El Neseem break \u2014 our first long weekend since January. Banks and the stock market are closed Sunday (16 April) and Monday (17 April). It would be [&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-648640","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":"17df12e0-db21-45a8-8c5a-7f3eb7760fbe","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648638],"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 9 April 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\/04\/09\/what-were-tracking-on-9-april-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 9 April 2017\" \/>\n<meta property=\"og:description\" content=\"We begin this morning with a holiday advisory if, perchance, the coming respite has slipped off your radar: We are just days away from the Easter \/ Sham El Neseem break \u2014 our first long weekend since January. 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The Coptic Orthodox Diocese in Minya, which was the first to make the announcement, said that celebrations will only be limited to the liturgical prayers\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":648839,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/13\/648839\/","url_meta":{"origin":648640,"position":1},"title":"** WE\u2019RE ON BREAK until\u2026","author":"enterpriseam admin","date":"13 April 2017","format":false,"excerpt":"** WE\u2019RE ON BREAK until Tuesday, 18 April. Banks and the stock market are off this coming Sunday and Monday for the Easter and Sham El Nessim holidays. We\u2019ll likely have a Weekend Edition for you tomorrow, then we\u2019re off until Tuesday. We wish all of you a safe, happy\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":622206,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/what-were-tracking-on-29-november-2018\/","url_meta":{"origin":648640,"position":2},"title":"What we\u2019re tracking on 29 November 2018","author":"enterpriseam admin","date":"29 November 2018","format":false,"excerpt":"It\u2019s a big news morning on this last business day of November, and we\u2019re set to start December on a busy note: The net foreign reserves figure for November is due out from the central bank next week;The defense expo EDEX 2018 kicks off on Monday; Uber CEO Dara Khosrowshahi\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":629956,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/05\/what-were-tracking-on-05-april-2018\/","url_meta":{"origin":648640,"position":3},"title":"What we\u2019re tracking on 05 April 2018","author":"enterpriseam admin","date":"5 April 2018","format":false,"excerpt":"It\u2019s a quiet news morning heading into what we hope will be a wonderful four-day holiday weekend for all those of you reading us from Egypt this morning. Banks and the stock exchange will be closed Sunday and Monday in observance of Easter and Sham El Neseem. We\u2019ll be back\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":648494,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/05\/what-were-tracking-on-wednesday-5-april-2017\/","url_meta":{"origin":648640,"position":4},"title":"What we\u2019re tracking on Wednesday, 5 April 2017","author":"enterpriseam admin","date":"5 April 2017","format":false,"excerpt":"Something to give you pause on what seems, after a four IPO day yesterday, like a slow news morning: The FT\u2019s Martin Wolf is afraid that China\u2019s economy could \u201cunleash global mayhem.\u201d Look for more of the same in the headlines as US President Donald Trump caps a busy foreign\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":648707,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/10\/what-were-tracking-this-week-189\/","url_meta":{"origin":648640,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"10 April 2017","format":false,"excerpt":"The House Economic Committee is expected to vote on the Investment Act by tomorrow at the latest, Rep. Medhat El Sherif said yesterday, telling Al Borsa that the committee is waiting on the government to outline the incentives given to foreign investors before wrapping up its talks and sending 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648640","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=648640"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/648640\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/648638"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=648640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=648640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=648640"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=648640"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=648640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}