{"id":652007,"date":"2017-02-27T04:19:45","date_gmt":"2017-02-27T04:19:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/"},"modified":"2017-02-27T04:19:45","modified_gmt":"2017-02-27T04:19:45","slug":"what-were-tracking-on-27-february-2017","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/","title":{"rendered":"What we\u2019re tracking on 27 February 2017"},"content":{"rendered":"

<\/a> Clifford Chance optimistic on Egyptian M&A in 2017.<\/strong> The multinational law firm<\/a> says it \u201cexpects the consumer goods and retail sector to be particularly active given the demographics of the Egyptian economy. Other sectors will also benefit from private equity and strategic investors as the [EGP] trends towards a \u2018new norm\u2019 in FX markets.\u201d The resurgent interest in emerging market and the EGP float mean that \u201cthe time is ripe for an uptick in Egyptian M&A\u2026 The FX see-saw is reaching a balance, giving greater confidence to buyers and sellers,\u201d Clifford Chance Africa M&A partner Jason Mendens said. Several \u201ccritical players\u201d have already approached the firm for opportunities in Egypt\u2019s power sector, particularly in the \u201crenewable space,\u201d said Mohamed Hamra-Krouha, the firm\u2019s Africa projects and finance partner.<\/p>\n

Eye-opener of the morning: Does China have troops in Afghanistan?<\/strong> \u201cChina's defence ministry on Thursday dismissed reports Chinese military vehicles were patrolling inside Afghanistan, saying the two countries were only carrying out counter-terrorism operations along their common border,\u201d Reuters reports<\/a>. The Financial Times<\/a>, citing an Indian media report<\/a> and another piece by a thinktank<\/a>, is running with the story on its front page (digital) this morning, writing, \u201cThe motivations for China to deepen its involvement in Afghanistan are several. Beijing fears contagion from Islamic extremism, while Chinese companies also hold key mining and hydrocarbons concessions across Afghanistan.\u201d Security nerds:<\/strong> Read this alongside the FT\u2019s \u201cChinese private security goes global<\/a>\u201d and then the Wall Street Journal\u2019s recent \u201cAfghanistan struggles to access China\u2019s New Silk Road<\/a>,\u201d which tells us that \u201cTrains from China arrive full but go back empty amid fears that terrorists could profit.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Clifford Chance optimistic on Egyptian M&A in 2017. The multinational law firm says it \u201cexpects the consumer goods and retail sector to be particularly active given the demographics of the Egyptian economy. Other sectors will also benefit from private equity and strategic investors as the [EGP] trends towards a \u2018new norm\u2019 in FX markets.\u201d The […]<\/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-652007","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":"7d4906ad-6e61-44f5-b210-252e8890e9b8","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652005],"teaser":"","voice_url":""},"yoast_head":"\nWhat we\u2019re tracking on 27 February 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\/02\/27\/what-were-tracking-on-27-february-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 27 February 2017\" \/>\n<meta property=\"og:description\" content=\"Clifford Chance optimistic on Egyptian M&A in 2017. The multinational law firm says it \u201cexpects the consumer goods and retail sector to be particularly active given the demographics of the Egyptian economy. Other sectors will also benefit from private equity and strategic investors as the [EGP] trends towards a \u2018new norm\u2019 in FX markets.\u201d The […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-02-27T04:19:45+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\/02\/27\/what-were-tracking-on-27-february-2017\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What we\u2019re tracking on 27 February 2017\",\"datePublished\":\"2017-02-27T04:19:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/\"},\"wordCount\":284,\"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\/02\/27\/what-were-tracking-on-27-february-2017\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/\",\"name\":\"What we\u2019re tracking on 27 February 2017 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-02-27T04:19:45+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What we\u2019re tracking on 27 February 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 27 February 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\/02\/27\/what-were-tracking-on-27-february-2017\/","og_locale":"en_US","og_type":"article","og_title":"What we\u2019re tracking on 27 February 2017","og_description":"Clifford Chance optimistic on Egyptian M&A in 2017. The multinational law firm says it \u201cexpects the consumer goods and retail sector to be particularly active given the demographics of the Egyptian economy. Other sectors will also benefit from private equity and strategic investors as the [EGP] trends towards a \u2018new norm\u2019 in FX markets.\u201d The […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-02-27T04:19:45+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What we\u2019re tracking on 27 February 2017","datePublished":"2017-02-27T04:19:45+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/"},"wordCount":284,"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\/02\/27\/what-were-tracking-on-27-february-2017\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/","name":"What we\u2019re tracking on 27 February 2017 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2017-02-27T04:19:45+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-on-27-february-2017\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What we\u2019re tracking on 27 February 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\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":645806,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/31\/what-were-tracking-this-week-162\/","url_meta":{"origin":652007,"position":0},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"31 July 2017","format":false,"excerpt":"The Finance Ministry will cut the exchange rate for customs the first time in four months to EGP 16.25 to the greenback, Finance Minister Amr El-Garhy told Reuters. The new rate, a drop from EGP 16.50, will come into effect from Tuesday. The reduction came in line with the \u201cdrop\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":636259,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/28\/what-were-tracking-on-28-december-2017\/","url_meta":{"origin":652007,"position":1},"title":"What we\u2019re tracking on 28 December 2017","author":"enterpriseam admin","date":"28 December 2017","format":false,"excerpt":"2017 is coming to a close. We\u2019d like to wish our readers a very happy New Year. This will be our final issue of Enterprise for 2017. The banking sector and EGX are officially off this coming Monday in observance of the first day of the New Year, state news\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":[]},{"id":649458,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/what-were-tracking-on-01-march-2017\/","url_meta":{"origin":652007,"position":2},"title":"What we\u2019re tracking on 01 March 2017","author":"enterpriseam admin","date":"1 March 2017","format":false,"excerpt":"Ladies and gentlemen, there is no parallel market for greenbacks. As we\u2019ve noted a couple of times this week, there\u2019s been chatter in Cairo since the weekend that \u201cthe black market is back\u201d with the USD changing hands for north of EGP 17. We touched base with two senior bankers\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":[]},{"id":652125,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/02\/what-enterprise-readers-expect-of-2017\/","url_meta":{"origin":652007,"position":3},"title":"What Enterprise readers expect of 2017","author":"enterpriseam admin","date":"2 January 2017","format":false,"excerpt":"Speaking of the exchange rate: More than 40% of you are budgeting for a USD : EGP exchange rate at EGP 18.51 or above, but only one third of you see the currency staying in that band by midyear. Our latest reader survey also found that almost half of you\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":[]},{"id":645453,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/20\/what-were-tracking-on-20-july-2017\/","url_meta":{"origin":652007,"position":4},"title":"What we\u2019re tracking on 20 July 2017","author":"enterpriseam admin","date":"20 July 2017","format":false,"excerpt":"Rumors popped out yesterday that the amendments to the Central Bank and Banking sector acts could see the return of nine-year term limits for banking sector managing directors. The amendments to the acts were discussed quite heavily yesterday, with the government having to urge calm (we have more in the\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":[]},{"id":607885,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/egyptian-telecom-providers-suspend-e-wallet-fx-payments\/","url_meta":{"origin":652007,"position":5},"title":"Egyptian telecom providers suspend e-wallet FX payments","author":"enterpriseam admin","date":"11 October 2023","format":false,"excerpt":"Four of Egypt\u2019s largest banks are among those who have stopped use of EGP debit cards abroad this week","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\/2023\/10\/564.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652007","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=652007"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652007\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652005"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652007"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652007"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652007"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652007"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652007"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}