{"id":652186,"date":"2017-01-03T04:07:50","date_gmt":"2017-01-03T04:07:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/"},"modified":"2017-01-03T04:07:50","modified_gmt":"2017-01-03T04:07:50","slug":"on-the-horizon-267","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>Look for news on the eurobonds in the coming 2-3 weeks.<\/strong> We expect the Finance Ministry to announce Egypt\u2019s planned USD 2.5-3 bn eurobond issuance sometime in the coming two to three weeks. The plan, as <a href=\"https:\/\/enterprise.press\/stories\/2016\/12\/18\/eurobond-issue-will-take-place-as-scheduled-despite-us-interest-rate-hikes\/\">announced in December<\/a>, was to move ahead with the issuance mid-January. Deputy Finance Minister Mohamed Maait said at the time he expected the interest rate on the issuance to be around 6-7%.<\/p>\n<p><strong>European car prices in Egypt should start falling?<\/strong> Customs tariffs on EU-made cars have supposedly been reduced by up to 70% since the start of January as part of an existing trade deal that will see them eliminated entirely by 2019. Sources told <a href=\"http:\/\/www.alborsanews.com\/2017\/01\/01\/%D8%AA%D8%B7%D8%A8%D9%8A%D9%82-%D8%AE%D9%81%D8%B6-%D8%AC%D9%85%D8%B1%D9%83%D9%89-%D8%AC%D8%AF%D9%8A%D8%AF-%D9%84%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%A3%D9%88%D8%B1%D9%88%D8%A8\/\">Al Borsa<\/a> that a decision enforcing the directive has been passed on to all ports of entry. The head of the Egyptian auto assemblers association said the Egyptian consumers will not see any tangible reductions in sticker prices mostly due to the rising exchange rate, according to <a href=\"http:\/\/gate.ahram.org.eg\/News\/1366973.aspx\">Ahram Gate<\/a>. Regardless of whether there is merit to this argument, this could be an area that will keep the Egyptian Competition Authority busy from the start of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Look for news on the eurobonds in the coming 2-3 weeks. We expect the Finance Ministry to announce Egypt\u2019s planned USD 2.5-3 bn eurobond issuance sometime in the coming two to three weeks. The plan, as announced in December, was to move ahead with the issuance mid-January. Deputy Finance Minister Mohamed Maait said at the [&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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652186","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"e96d39ca-be30-44f8-92d6-3bbe17b4d9ba","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652177],"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>On the horizon - 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\/01\/03\/on-the-horizon-267\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"Look for news on the eurobonds in the coming 2-3 weeks. We expect the Finance Ministry to announce Egypt\u2019s planned USD 2.5-3 bn eurobond issuance sometime in the coming two to three weeks. The plan, as announced in December, was to move ahead with the issuance mid-January. Deputy Finance Minister Mohamed Maait said at the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-03T04:07:50+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\/01\/03\/on-the-horizon-267\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"On the horizon\",\"datePublished\":\"2017-01-03T04:07:50+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\"},\"wordCount\":190,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"ON THE HORIZON\"],\"articleSection\":[\"ON THE HORIZON\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\",\"name\":\"On the horizon - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-01-03T04:07:50+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/03\/on-the-horizon-267\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"On the horizon\"}]},{\"@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":"On the horizon - 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\/01\/03\/on-the-horizon-267\/","og_locale":"en_US","og_type":"article","og_title":"On the horizon","og_description":"Look for news on the eurobonds in the coming 2-3 weeks. 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We expect the Finance Ministry to announce Egypt\u2019s planned USD 2.5-3 bn eurobond issuance sometime in the coming two to three weeks.Oh,\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591371,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/04\/corporate-sukuks-to-debut-in-coming-weeks-with-usd-50-mn-ciaf-leasing-issuance-bonds\/","url_meta":{"origin":652186,"position":1},"title":"Corporate sukuks to debut in coming weeks with USD 50 mn CIAF Leasing issuance bonds","author":"enterpriseam admin","date":"4 December 2019","format":false,"excerpt":"DEBT WATCH- Corporate sukuks to debut in Egypt in the coming weeks? CIAF Leasing plans to issue Egypt\u2019s first corporate sukuk in the coming weeks, Financial Regulatory Authority official Sayed Abd El Fadeel told Reuters. The aircraft leasing company will sell USD 50 mn in Islamic bonds, he said, adding\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634084,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/04\/on-the-horizon-91\/","url_meta":{"origin":652186,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"4 January 2018","format":false,"excerpt":"The Finance Ministry meets next weeks with the five banks selected to manage the upcoming USD 4 bn eurobond sale, according to Minister Amr El Garhy. The ministry had selected HSBC, Citigroup, JPMorgan Chase & Co, Morgan Stanley, and National Bank of Abu Dhabi to manage the issuance. Al Tamimi\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":636184,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/26\/on-the-horizon-117\/","url_meta":{"origin":652186,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"26 December 2017","format":false,"excerpt":"Egypt will announce in two weeks the joint lead managers and legal counsels of the USD 3-4 bn USD-denominated eurobond issuance set to take place in around a month, said Finance Minister Amr El Garhy. 22 international investment banks have put in their bids to become joint lead managers of\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562869,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/usd-2-bn-sovereign-sukuk-sale-coming-soon\/","url_meta":{"origin":652186,"position":4},"title":"USD 2 bn sovereign sukuk sale coming soon","author":"enterpriseam admin","date":"9 June 2021","format":false,"excerpt":"The Finance Ministry wants to go forward with a USD 2 bn sukuk issuance at the beginning of the next fiscal year in July, marking the first time ever that Egypt has issued sharia-compliant sovereign debt, Finance Minister Mohamed Maait told Al Arabiya in an interview yesterday.The caveat: Nothing is\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/130.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":634026,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/on-the-horizon-90\/","url_meta":{"origin":652186,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"The Finance Ministry will meet next week with the five banks selected to manage Egypt\u2019s upcoming USD 4 bn eurobond issuance, Minister Amr El Garhy tells Al Mal. The two sides will discuss the plan for the issuance, including the timing of the roadshow and the appropriate tenure of the\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"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\/652186","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=652186"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652186\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652177"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652186"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652186"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}