{"id":649214,"date":"2017-04-26T04:01:19","date_gmt":"2017-04-26T04:01:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/what-were-tracking-on-26-april-2017\/"},"modified":"2017-04-26T04:01:19","modified_gmt":"2017-04-26T04:01:19","slug":"what-were-tracking-on-26-april-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/26\/what-were-tracking-on-26-april-2017\/","title":{"rendered":"What we\u2019re tracking on 26 April 2017"},"content":{"rendered":"

The Ismail government owns the news agenda this morning<\/strong> as the private sector took yesterday off to observe Sinai Liberation day. We saw great three-part harmony from Finance Minister Amr El Garhy, Investment Minister Sahar Nasr and Tourism Minister Yehia Rashed. Nasr is in the early days of a global campaign to promote investment to strategic and public markets investors alike, while Rashed was chatting up reporters about the nascent recovery in the industry and the government\u2019s plan to diversify inbound flows. We have more on both Nasr and Rashed in this morning\u2019s Speed Round, below.<\/p>\n

The second phase of the economic reform agenda is now underway after the<\/strong>successful conclusion of the first wave of reforms<\/strong>, El Garhy said at a meeting with investors, bankers institutions including BNP Paribas and the Business Council for International Understanding<\/a> on the sidelines of the World Bank and IMF spring meetings. He noted hikes in fuel prices and the curbing of spending on electricity subsidies as part reforms undertaken, according to a ministry statement<\/a>. That\u2019s in line with the International Monetary Fund\u2019s expectations: A senior IMF official said during the meetings<\/a> that \u201cWe will need to discuss with the government the sequencing of measures to achieve their goal of eliminating subsidies on most fuel products<\/strong> during the program period.\u201d<\/p>\n

The economy was also at the heart of remarks yesterday by President Abdel Fattah El <\/strong>Sisi<\/strong> at a youth conference. The troubles the country faces are temporary, El Sisi said, according to Ahram Online<\/a>. More on that, too, in Speed Round, below.<\/p>\n

Legislation watch: <\/strong>The House Planning and Budget Committee is scheduled to begin its discussion of the FY2017-18 state budget<\/strong><\/a> this week, while the House Economics Committee could wrap discussion of the long-awaited Investment Act<\/strong>.<\/p>\n

<\/a> Expect \u2018Francis Mania\u2019 to kick into high gear today <\/strong>as the capital city prepares for the visit this weekend of Pope Francis. The pontiff, who arrives on Friday for a two-day visit, has chosen not to travel in a bulletproof vehicle<\/strong>, The Telegraph<\/a> reports. \u201cThe Pope will use a closed car to move around, but not an armoured one \u2026 That's how he wanted it,\u201d said Greg Burke, the Vatican spokesman. Burke said security is an issue \u201ceverywhere, not just in Egypt \u2026 Are we worried? I wouldn\u2019t use the word \u2018worry\u2019. The security measures are similar to many trips. The Egyptians obviously want everything to go well.\u201d<\/p>\n

We aren\u2019t taking any chances<\/strong>: Security and intelligence officials have been ramping up security measures in the lead-up to Francis\u2019 visit by conducting door-to-door checks in Zamalek and prohibiting parking around the Vatican residence, the Associated Press<\/a> reports. Security has also been tightened in Maadi, with house-to-house visits in one area near a high-profile church.<\/p>\n

Pope Francis said in a video message that he is coming to Egypt as a \u201cfriend and a <\/strong>messenger of peace<\/strong> and a pilgrim to the country that was a refuge to the Holy Family 2,000 years ago,\u201d the Associated Press<\/a> reports. Francis also said in a Vatican video that he wants his two-day visit to carry a message of friendship and reconciliation with people of all religions (watch<\/strong><\/a> in Arabic, runtime 4:19). Reuters<\/a> says some conservative Catholics are less than pleased with the Pope\u2019s visit in light of the recent attacks against Christians in Egypt and believe Pope Francis should not engage in dialogue with Islam.<\/p>\n

Oh, and brace yourselves for an exceptionally negative Egypt in the News section this <\/strong>morning<\/strong>, including grumping about Egypt in the US Senate, rumors that VOIP calls are being blocked (as we discussed before yesterday\u2019s holiday) and allegations of extrajudicial killings in the Sinai. We rather like Pope Francis, but expect his visit will draw more of the same negative coverage, so expect a rough week or so on the international media front.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ismail government owns the news agenda this morning as the private sector took yesterday off to observe Sinai Liberation day. We saw great three-part harmony from Finance Minister Amr El Garhy, Investment Minister Sahar Nasr and Tourism Minister Yehia Rashed. Nasr is in the early days of a global campaign to promote investment to […]<\/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-649214","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":"c5f9751e-8375-4762-b0f2-c6a184170c1a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649212],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 26 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\/26\/what-were-tracking-on-26-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 26 April 2017\" \/>\n<meta property=\"og:description\" content=\"The Ismail government owns the news agenda this morning as the private sector took yesterday off to observe Sinai Liberation day. 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The gatherings kick off today and run until 15 October. Among those attending are Investment Minister Sahar Nasr, Finance Minister Amr El Garhy, EGX chief Mohamed Farid and\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":649325,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/30\/el-garhy-talks-imf-visit-eurobonds-nasr-on-the-investment-act-delays\/","url_meta":{"origin":649214,"position":1},"title":"El Garhy talks IMF visit, Eurobonds; Nasr on the Investment Act delays","author":"enterpriseam admin","date":"30 April 2017","format":false,"excerpt":"Finance Minister Amr El Garhy and Investment and International Cooperation Minister Sahar Nasr\u2019s interviews were the main highlights in the airwaves which largely focused on the Pope\u2019s visit.The IMF delegation arrived yesterday and will be here for two weeks to review progress on the economic reforms before disbursing the second\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638603,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/10\/what-were-tracking-on-10-october-2017\/","url_meta":{"origin":649214,"position":2},"title":"What we\u2019re tracking on 10 October 2017","author":"enterpriseam admin","date":"10 October 2017","format":false,"excerpt":"Expect the rest of this football-centric news week to be focused squarely on the global macro outlook: The IMF and World Bank annual fall meetings kicked off yesterday and will run until 15 October. Among those attending are Investment Minister Sahar Nasr, Finance Minister Amr El Garhy, EGX chief Mohamed\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\/2017\/10\/872.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630275,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/17\/what-were-tracking-on-17-april-2018\/","url_meta":{"origin":649214,"position":3},"title":"What we\u2019re tracking on 17 April 2018","author":"enterpriseam admin","date":"17 April 2018","format":false,"excerpt":"Closer to home, the Sisi administration has unveiled an ambitious USD 2 bn drive to begin reforming the nation\u2019s education program. 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You can check out the landing page for the\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":635396,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/04\/what-were-tracking-on-4-december-2017\/","url_meta":{"origin":649214,"position":5},"title":"What we\u2019re tracking on 4 December 2017","author":"enterpriseam admin","date":"4 December 2017","format":false,"excerpt":"Monday is off to a relatively quiet start on the interwebs, but don\u2019t let that lull you into a false sense of complacency \u2014 a rash of conferences in Egypt and the customary end-of-year news storm in global markets see us expecting a busy news cycle through some time around\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\/649214","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=649214"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649214\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649212"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649214"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649214"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}