{"id":649756,"date":"2017-03-08T04:17:00","date_gmt":"2017-03-08T04:17:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/"},"modified":"2017-03-08T04:17:00","modified_gmt":"2017-03-08T04:17:00","slug":"what-were-tracking-on-8-march-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/","title":{"rendered":"What we\u2019re tracking on 8 March 2017"},"content":{"rendered":"<p><strong>Travel trade show ITB Berlin kicks off today and will go on until Sunday<\/strong>. The Egyptian delegation there is expected to hold a press conference at 3:30pm local time. Tourism Minister Yehia Rashed told <a href=\"http:\/\/www.reuters.com\/article\/us-europe-tourism-egypt-idUSKBN16E2JB\">Reuters<\/a> on the eve of the conference that <strong>he expects the number of tourists visiting Egypt this year could come close to levels seen before its 2011 uprising<\/strong>, encouraged by investments in airport security and a cheaper EGP. He said that arrivals during the first two months of 2017 were \"very, very good,\u201d adding that receipts were also improving as visitors spent more and stayed longer on average. The data appears to back him up, as German market researcher GfK said last week that German holidaymakers' bookings for trips to Egypt in the upcoming summer season were up 91% from last year, but were still 23% below pre-uprising levels. We also noted yesterday that Chinese tourists are staying longer, with overnight stays in Egypt increasing 158% year-on-year in January 2017. Egypt, however, continues to bank on Russian tourists arrival, as they made up 40% of tourists in 2015.<\/p>\n<p>On a related note, <strong>Egypt was also named \u2018Best Holiday Destination\u2019 in 2017 by the Pacific Area Travel Writers\u2019 Association<\/strong>, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=07032017&id=063d10d7-7a88-4242-a551-1567581eee1c\">according to Al Shorouk<\/a>. Rashed should be receiving the award during a ceremony in Berlin today.<\/p>\n<p>Back to the Eastern front, <strong>an unnamed Russian foreign ministry official told <\/strong><a href=\"http:\/\/www.youm7.com\/story\/2017\/3\/7\/%D8%AF%D8%A8%D9%84%D9%88%D9%85%D8%A7%D8%B3%D9%89-%D8%B1%D9%88%D8%B3%D9%89-%D8%B9%D9%88%D8%AF%D8%A9-%D8%A7%D9%84%D8%B1%D8%AD%D9%84%D8%A7%D8%AA-%D9%84%D9%85%D8%B5%D8%B1-%D9%85%D8%A7%D9%8A%D9%88-%D8%A7%D9%84%D9%85%D9%82%D8%A8%D9%84-%D8%B9%D9%82%D8%A8-%D8%A7%D8%AA%D9%81%D8%A7%D9%82%D9%8A%D8%A9-%D8%A3%D9%85%D9%86\/3133840\"><strong>Youm7<\/strong><\/a><strong> that an agreement on restoring Russian flights and airport security will come in May<\/strong> when the Egyptian-Russian Joint Committee meets. He added that there are no real impediments to Russian tourists coming back at this point. While normally we would take this with a grain of salt, the timing of the agreement coincides with other agreements expected to take place. Officials from the Electricity Ministry <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/01\/final-contracts-for-dabaa-power-plant-to-be-signed-in-2h2017\/\">estimate<\/a> that the USD 29 bn Daba\u2019a nuclear power plant agreement will be signed in mid-2017. May is also when the Russians <a href=\"https:\/\/enterprise.press\/stories\/2017\/03\/05\/egypt-completes-90-of-russias-security-requirements\/\">will sign for<\/a> the Russian Industrial Zone.<\/p>\n<p><strong>A World Bank Group (WBG) delegation headed by Director of Trade and Competitiveness Global Practice Klaus Tilmes is reportedly in town<\/strong> and discussed the economic reform agenda with Trade and Industry Minister Tarek Kabil on Tuesday, <a href=\"http:\/\/www.ahram.org.eg\/News\/202197\/5\/582370\/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF\/%D9%82%D8%A7%D8%A8%D9%8A%D9%84-%D9%8A%D8%A8%D8%AD%D8%AB-%D9%85%D8%B9-%D9%88%D9%81%D8%AF-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D9%89-%D8%AA%D8%B9%D8%B2%D9%8A%D8%B2-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B3%D8%A7%D8%AA-%D8%A7%D9%84%D8%AA%D8%AC.aspx\">Al Ahram reports<\/a>. Discussions focused on the ministry\u2019s strategy to support and grow industry by providing incentives and cutting red tape. It is unclear as of yet whether this is THE World Bank which is expected to evaluate the reform agenda and resume talks on funding, or whether this delegation will solely be focused on trade and industry policy. Both Kabil and Investment and International Cooperation Minister Sahar Nasr have been engaged in talks over funding (on top of the second tranche of the USD 3 bn facility which has yet to arrive) during the past few months.<\/p>\n<p><strong>Also starting today is the fifth \u201c<\/strong><a href=\"http:\/\/indiabythenile.com\/\"><strong>India by the Nile<\/strong><\/a><strong>\u201d cultural festival<\/strong>, which will be held in Cairo, Giza, Alexandria, Port Said, and Ismailia until 27 April. The festival is described as \u201ca celebration of the essence of India through classical music, dance, theatre, visual art, film, food and sports in a medium which perfectly amalgamates the contemporary with the classic.\u201d Super star Amitabh Bachchan will also be in town this month and will be the guest of honor of Luxor\u2019s 6th African Film Festival, the Indian ambassador said in a <a href=\"http:\/\/gate.ahram.org.eg\/News\/1399546.aspx\">press conference<\/a>.<\/p>\n<p><strong>Today is International Women\u2019s Day,<\/strong> so let\u2019s all take a moment today to celebrate women for their achievements and the strides they have taken over the years. Today\u2019s <a href=\"https:\/\/www.google.com.eg\/?gfe_rd=cr&ei=KWK_WNyGMqus8we99q74CQ&gws_rd=ssl\">Google Doodle<\/a> has a few ideas to get the thinking ball rolling. Pharos Holding is also celebrating women in its own special way by canceling brokerage fees for women investors\u2019 trades on the stock market for a week, starting from today, according to <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=325295\">Al Mal<\/a>. <strong>The award for unintentional sexism goes to Al Masry Youm<\/strong>, with its \u201c<a href=\"https:\/\/www.facebook.com\/photo.php?fbid=10154385419521404&set=a.10150621145956404.382618.635551403&type=3&theater\">pretty in pink<\/a>\u201d themed edition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Travel trade show ITB Berlin kicks off today and will go on until Sunday. The Egyptian delegation there is expected to hold a press conference at 3:30pm local time. Tourism Minister Yehia Rashed told Reuters on the eve of the conference that he expects the number of tourists visiting Egypt this year could come close [&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-649756","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":"01aabbe3-37bd-4c03-85ac-06e0cc1aee81","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[649754],"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 8 March 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\/03\/08\/what-were-tracking-on-8-march-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 8 March 2017\" \/>\n<meta property=\"og:description\" content=\"Travel trade show ITB Berlin kicks off today and will go on until Sunday. 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Tourism Minister Yehia Rashed told Reuters on the eve of the conference that he expects the number of tourists visiting Egypt this year could come close [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-03-08T04:17:00+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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 8 March 2017\",\"datePublished\":\"2017-03-08T04:17:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\"},\"wordCount\":642,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\",\"name\":\"What we\u2019re tracking on 8 March 2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-03-08T04:17:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/03\/08\/what-were-tracking-on-8-march-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What we\u2019re tracking on 8 March 2017\"}]},{\"@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":"What we\u2019re tracking on 8 March 2017 - 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\/03\/08\/what-were-tracking-on-8-march-2017\/","og_locale":"en_US","og_type":"article","og_title":"What we\u2019re tracking on 8 March 2017","og_description":"Travel trade show ITB Berlin kicks off today and will go on until Sunday. 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Inflation fell unexpectedly to a four-year low\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":560305,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-were-tracking-on-23-february-2021\/","url_meta":{"origin":649756,"position":1},"title":"What we\u2019re tracking on 23 February 2021","author":"enterpriseam admin","date":"23 February 2021","format":false,"excerpt":"Happy hump day, everyone. It may be a relatively slow news day, but we\u2019re still very happy that the weekend is within arm\u2019s reach.THE BIG STORY AT HOME: The shipment of 300k Sinopharm vaccines we\u2019ve been waiting on from China landed in Cairo in the wee hours of the morning.\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":594308,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/what-were-tracking-on-27-october-2019\/","url_meta":{"origin":649756,"position":2},"title":"What we\u2019re tracking on 27 October 2019","author":"enterpriseam admin","date":"27 October 2019","format":false,"excerpt":"We have a rather packed issue this morning as the Russia-Africa summit wrapped on Thursday and a flurry of economic analysis on Egypt hit the interwebs over the weekend.Good news first: It looks like we\u2019re not going to be taking up Abiy Ahmed on that war call. President Abdel Fattah\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":592822,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/07\/what-were-tracking-on-7-november-2019\/","url_meta":{"origin":649756,"position":3},"title":"What we\u2019re tracking on 7 November 2019","author":"enterpriseam admin","date":"7 November 2019","format":false,"excerpt":"We\u2019re heading into a long weekend: Banks and the EGX are taking Sunday off in observance of Prophet Mohamed\u2019s birthday, which falls on Saturday. We\u2019re following suit and will be back in your inboxes at the usual time on Monday morning.That said: We have plenty of news in a packed\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":593803,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/10\/what-were-tracking-on-10-october-2019\/","url_meta":{"origin":649756,"position":4},"title":"What we\u2019re tracking on 10 October 2019","author":"enterpriseam admin","date":"10 October 2019","format":false,"excerpt":"Expect another low inflation reading when Capmas releases September\u2019s figures later today. Annual headline inflation plunged to 7.5% in August, the lowest reading in six-and-a-half years. Analysts are expecting the downward trend to hold, with Pharos\u2019 Radwa El Sweify predicting overall annual inflation to cool to 4.7% and Prime Research\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":561177,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/29\/what-were-tracking-on-29-march-2021\/","url_meta":{"origin":649756,"position":5},"title":"What we\u2019re tracking on 29 March 2021","author":"enterpriseam admin","date":"29 March 2021","format":false,"excerpt":"Good morning, nice people. Mondays are typically the slowest news days of the week, but not so today \u2014 we have plenty going on.IT\u2019S A BIG DAY FOR: Our covid-19 vaccine rollout. Yesterday, we reported that it seems unlikely we\u2019re going to be getting anytime soon the 5 mn of\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649756","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=649756"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/649756\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/649754"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=649756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=649756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=649756"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=649756"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=649756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}