{"id":652011,"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-this-week-211\/"},"modified":"2017-02-27T04:19:45","modified_gmt":"2017-02-27T04:19:45","slug":"what-were-tracking-this-week-211","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/27\/what-were-tracking-this-week-211\/","title":{"rendered":"What we\u2019re tracking this week"},"content":{"rendered":"

It\u2019s a busy week for: Finance Minister Amr El Garhy<\/strong>, who is due to brief the House<\/strong> of Representatives on all things fiscal and whose team is sorting the executive regulations for the value-added tax<\/strong> after receiving feedback on them from the State Council. The Tax Authority, which ultimately reports to El Garhy, is meeting this week with international oil companies<\/strong> to discuss the VAT status of suppliers to Big Oil. El Garhy was included on Saturday in a meeting with President Abdel Fattah El Sisi to discuss the situation in northern Sinai and what the government can do to help Coptic Christians fleeing Islamist terror attacks there, according to a statement from Ittihadiya.<\/p>\n

MPs will also be busy this week<\/strong> with the State Contractors Act due to come up for a vote before the House as a whole and the Industry Committee set to resume discussions of a law that would offer tax incentives to domestic automobile manufacturers.<\/p>\n

Merkel and El Sisi to inaugurate the new Siemens power plants this week: <\/strong>German Chancellor Angela Merkel and President Abdel Fattah El Sisi will jointly inaugurate the first phase of the Siemens power plants<\/a> in Beni Suef, Burullus, and the new administrative capital at the end of this week, during Merkel\u2019s two-day visit to Egypt starting this Thursday (2 March), Al Borsa says<\/a>. Merkel will also meet Pope Tawadros II and Al Azhar\u2019s Sheikh Ahmed El Tayeb.<\/p>\n

The German Chancellor\u2019s visit will be a very friendly one: <\/strong>Merkel sang Egypt\u2019s praises in a recent TV interview<\/a> (runtime 3:19), applauding the country\u2019s \u201cbold economic reform program\u201d and saying it offered \u201can example to follow\u201d for how a Muslim-majority country can tend to the needs of its Christian minority \u201cwho have complete freedom to practice their religious rituals and the government\u2019s full support.\u201d When asked, Merkel said that she does plan to broach the subject of civil society and the NGOs law, but that the visit has a much grander purpose and outlook<\/strong> that extends to the Middle East peace process and helping Egypt achieve stability in the region.<\/p>\n

Sound smart: <\/strong>Beyond the standard talk of trade, terrorism and the perpetual canard that is Israeli-Palestinian peace, look for El Sisi and Merkel to talk about Libya (a key issue for Cairo). We\u2019ll also be parsing statements for any sign that Egypt could get a Turkey-style \u201caid and preferential visa access program\u201d in return for doing more to stem the flow of refugees to Europe. Merkel has been a leading advocate of such a program since last fall. (Background on the migrant pack is here<\/a>.)<\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s a busy week for: Finance Minister Amr El Garhy, who is due to brief the House of Representatives on all things fiscal and whose team is sorting the executive regulations for the value-added tax after receiving feedback on them from the State Council. The Tax Authority, which ultimately reports to El Garhy, is meeting […]<\/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-652011","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":"689beab3-d9b3-4272-90d7-db401a5c8527","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 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\/27\/what-were-tracking-this-week-211\/\" \/>\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=\"It\u2019s a busy week for: Finance Minister Amr El Garhy, who is due to brief the House of Representatives on all things fiscal and whose team is sorting the executive regulations for the value-added tax after receiving feedback on them from the State Council. 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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\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":648112,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/29\/what-were-tracking-this-week-184\/","url_meta":{"origin":652011,"position":1},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"29 May 2017","format":false,"excerpt":"House wants to know the impact of CBE\u2019s rate hike on debt, deficit: The House of Representatives\u2019 Budget and Planning Committee is meeting with Finance Minister Amr El Garhy to discuss the effect of the CBE\u2019s decision to hike interest rates on national debt and the budget deficit, Al Borsa\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":652011,"position":2},"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":652578,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/15\/what-were-tracking-on-15-january-2017\/","url_meta":{"origin":652011,"position":3},"title":"What we\u2019re tracking on 15 January 2017","author":"enterpriseam admin","date":"15 January 2017","format":false,"excerpt":"It looks like it\u2019s the Finance Ministry\u2019s week in the spotlight between a presser Finance Minister Amr El Garhy is due to hold today and the start of the roadshow for Egypt\u2019s eurobond issue tomorrow.Egypt\u2019s eurobond roadshow kicks off on Tuesday, 17 January with joint lead managers BNP Paribas, Citi,\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":638778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/what-were-tracking-this-week-113\/","url_meta":{"origin":652011,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"Our friends at AmCham and EFG Hermes will host a special lunch in New York for Investment Minister Sahar Nasr and Finance Minister Amr El Garhy on Monday, 16 October. The gathering will feature keynotes from both ministers, according to a statement (pdf). In addition to EFG Hermes boss Karim\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":651788,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/21\/what-were-tracking-this-week-209\/","url_meta":{"origin":652011,"position":5},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"21 February 2017","format":false,"excerpt":"Could the executive regulations for the VAT really be coming out in the next couple of weeks? It might just be, as Maglis El Dowla (the State Council) is finally done reviewing the draft rules that would govern the value-added tax and has reportedly suggested amendments in a report that\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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652011","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=652011"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652011\/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=652011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652011"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652011"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}