{"id":651959,"date":"2017-02-26T04:11:08","date_gmt":"2017-02-26T04:11:08","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/26\/what-were-tracking-this-week-210\/"},"modified":"2017-02-26T04:11:08","modified_gmt":"2017-02-26T04:11:08","slug":"what-were-tracking-this-week-210","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/26\/what-were-tracking-this-week-210\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"

Finance Minister Amr El Garhy will appear before the House of Representatives <\/strong>to discuss fiscal policy. It remains an open question<\/a> whether he will answer questions from MPs on the agreement with the International Monetary Fund for a USD 12 bn extended fund facility.<\/p>\n

Also in the House this week: <\/strong>The State Contractors\u2019 Compensation Act<\/strong> is due to come up for discussion before the House as a hole, and the House Industry Committee is due to resume discussion of the automotive directive<\/strong>, a package of measures designed to protect domestic assemblers against unfair competition from Turkish, Moroccan and European Union imports.<\/p>\n

German Chancellor Angela Merkel is set to arrive in Cairo on Thursday <\/strong>(2 March) for talks on terrorism and illegal immigration. She will be joined by a business delegation, Al Mal<\/a> reports. Merkel will be meeting with President Abdel Fattah El Sisi, Prime Minister Sherif Ismail, Pope Tawadros II, and Al Azhar\u2019s Sheikh Ahmed El Tayeb, according to the newspaper. Speaking at a conference, Merkel \u2014 who praised Egypt\u2019s \u201cbold economic reform measures\u201d \u2014 said she is looking forward to further discussions on the Palestinian-Israeli peace process and Libya, Ahram Gate<\/a> reports.<\/p>\n

The Tax Authority is meeting with representatives from EGPC to discuss the tax treatment of IOCs this week<\/strong>, according to Al Borsa<\/a>. IOCs are concerned about their suppliers having to pay VAT, arguing it amounts to an effective additional tax not stipulated in the production sharing agreements between them and state entities including EGPC and EGAS.<\/p>\n","protected":false},"excerpt":{"rendered":"

Finance Minister Amr El Garhy will appear before the House of Representatives to discuss fiscal policy. It remains an open question whether he will answer questions from MPs on the agreement with the International Monetary Fund for a USD 12 bn extended fund facility. Also in the House this week: The State Contractors\u2019 Compensation Act […]<\/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":[9490],"tags":[72,9489],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-651959","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-this-week","tag-enterpriseam","tag-what-were-tracking-this-week","wpautop","entry"],"acf":{"mongo_id":"eb63d8e0-f6c7-48f1-a457-3bb70787d457","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[651955],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking this week - 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\/02\/26\/what-were-tracking-this-week-210\/\" \/>\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 this week\" \/>\n<meta property=\"og:description\" content=\"Finance Minister Amr El Garhy will appear before the House of Representatives to discuss fiscal policy. 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It remains unclear whether the discussion will take place in a plenary session or at the House\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":642995,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/28\/what-were-tracking-this-week-146\/","url_meta":{"origin":651959,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"28 August 2017","format":false,"excerpt":"The central bank will be reviewing the Federation of Egyptian Banks\u2019 (FEB) notes on the draft of changes to the Banking and Central Bank Act this week, sources tell Al Borsa. The same sources say to expect central bank officials to be in and out of meetings with members of\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":652690,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/17\/what-were-tracking-this-week-220\/","url_meta":{"origin":651959,"position":3},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"17 January 2017","format":false,"excerpt":"Something is happening with the investment and automotive industry acts this week, and we\u2019re hoping for more clarity on both tomorrow. Both Maglis El Dowla and the House are said to be reviewing Dalia Khorshid\u2019s proposed investment act, while \u2014 oddly, in our view \u2014 the Central Bank of Egypt\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":652073,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/28\/what-were-tracking-this-week-212\/","url_meta":{"origin":651959,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"28 February 2017","format":false,"excerpt":"Finance Minister Amr El Garhy is due to brief the House of Representatives on all things fiscal.German Chancellor Angela Merkel is due in Cairo on Thursday for talks with President Abdel Fattah El Sisi and other senior government officials.","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":647681,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/17\/what-were-tracking-this-week-178\/","url_meta":{"origin":651959,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"17 May 2017","format":false,"excerpt":"Daba\u2019a nuclear power plant talks at the House: The House of Representatives\u2019 Energy Committee is expected to discuss the Dabaa nuclear power plant agreement this week before the matter goes to the floor of the House for a vote. 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