{"id":663709,"date":"2025-04-14T00:00:00","date_gmt":"2025-04-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/14\/gaza-and-economic-cooperation-top-agenda-of-el-sisis-qatar-kuwait-trip\/"},"modified":"2025-04-14T00:00:00","modified_gmt":"2025-04-14T00:00:00","slug":"gaza-and-economic-cooperation-top-agenda-of-el-sisis-qatar-kuwait-trip","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/04\/14\/gaza-and-economic-cooperation-top-agenda-of-el-sisis-qatar-kuwait-trip\/","title":{"rendered":"Gaza and economic cooperation top agenda of El Sisi\u2019s Qatar, Kuwait trip"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, y\u2019all.<\/strong> For the first time in a while, tariffs and nervous hand-wringing over the state of the EGX and EGP are not dominating the local business news as we all get used to the new normal of FX volatility. Instead, our attention is turned to the end of this week when the central bank meets to decide interest rates, movement on the auto localization front, and Beltone wrapping its mega capital increase \u2014 one of the largest ever on the EGX.<\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Here\u2019s your holiday schedule for the rest of the month<\/strong>, courtesy of Prime Minister Moustafa Madbouly: <\/p>\n<ul>\n<li>Monday, 21 April \u2014 Sham El Nessim;<\/li>\n<li>Thursday, 24 April \u2014Sinai Liberation Day (formally on Friday, 25 April);<\/li>\n<li>Thursday, 1 May \u2014 Labor Day<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ All three are paid holidays for the private sector and government workers alike. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not (yet) a holiday: <\/strong>Coptic Easter, which falls this year on 20 April, is not a national holiday, but the Central Bank of Egypt typically orders banks to close for the day. The CBE has yet to release a statement outlining its plan for this year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- It\u2019s another coolish day in Cairo today<\/strong>, with a high of 25\u00b0C and a low of 15\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a few degrees cooler up in Alexandria<\/strong>, with a high of 21\u00b0C and a low of 13\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at how smartphone customs are fueling the government\u2019s localization drive. Check out the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/32cd776c-723d-4d80-a238-b82d45fac2f6\/smartphone-customs-are-fueling-the-government%25e2%2580%2599s-localization-drive\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>All of Egyp<\/strong><strong>t\u2019s tourism investment prospects on one platform? <\/strong>The Tourism Ministry is setting up a tourism-focused investment platform, Tourism Minister Sherif Fathy said yesterday. The minister also highlighted efforts to fast-track tourism investment approvals to no more than two months.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The government aims to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/60fef4bb-7de6-4a00-bf5a-e9ea88661f8e\" style=\"\" rel=\"noopener\">attract some 25 mn tourists annually<\/a> by 2028. To that end, it plans to add some 240-250k rooms to existing hotel room capacity \u2014 and that\u2019s going to need a big uptick in investment.<\/p>\n<p class=\"tag-border-left\">DATA POINT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>The government has so far awarded 46 golden licenses to strategic projects with a <\/strong><strong>combined investment value exceeding USD 13 bn<\/strong>, said General Authority of Freezones and Investment head Hossam Heiba <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02K9224A51LHMPXfsm5RMbKQsWZLHWk9GCfFTaNejweWiwujk3VD5kEyLqaaTQQTLfl\" style=\"\" rel=\"noopener\">said<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>President Abdel Fa<\/strong><strong>ttah El Sisi landed in Doha yesterday<\/strong>, kicking off a two-stop Gulf trip that will also see him visit Kuwait, according to an Ittihadiya <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/19FgLckhkC\/\" style=\"\" rel=\"noopener\">statement<\/a>. During his time in Qatar, El Sisi kicked off the trip with a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0fhA5ewJ6gr2JKcm5DEiDfgCkuJewXfhWkEe6oS2p1jAxxaCDZgK4rEG5mQNoPgibl\" style=\"\" rel=\"noopener\">meeting<\/a> with Qatari Emir Sheikh Tamim bin Hamad Al Thani to discuss ways to boost cooperation in several sectors and regional developments, with a focus on Gaza.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Drumming up Qatari investor appetite for Egypt was also high on the agenda of El Sisi\u2019s <\/strong><strong>trip<\/strong>, with the president meeting with senior government officials that included the country\u2019s prime minister, foreign affairs minister, finance minister, foreign trade minister and leaders in the business community to stress the investment case for Egypt, according to a separate Ittihadiya <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid0285jhfKuVndgiZzGWdu5SogCjhxX38FpqBmZFBETPa21xbt64WH7pX2H5ZGtenB7cl\" style=\"\" rel=\"noopener\">statement<\/a>. El Sisi pointed to the country\u2019s strategic location, skilled and affordable labor, efficient infrastructure, competitive energy prices, Arab and African free trade agreements, and a state pushing an investor-friendly legislative agenda to argue his case.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Next stop on the trip is Kuwait<\/strong>, where El Sisi will meet with several officials, including Kuwait\u2019s Emir Sheikh Mishal Al Ahmad Al Sabah and Crown Prince Sheikh Sabah Khaled Al Sabah.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Sisi\u2019s visit received a lot of attention from the nation\u2019s talking heads<\/strong>, with Kelma Akhira\u2019s Lamees El Hadidi (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=v2b7AKZtKd4\" style=\"\" rel=\"noopener\">watch, runtime: 2:33<\/a>), Ala Masouleety\u2019s Ahmed Moussa\u2019s (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=6OnEPCd55aI\" style=\"\" rel=\"noopener\">watch, runtime: 5:05<\/a>), and Al Hayah Al Youm\u2019s Lobna Assal (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=kPBg6VCOlFs\" style=\"\" rel=\"noopener\">watch, runtime: 4:08<\/a>) all running the story. The trip sends a clear message that Arab coordination on key regional files \u2014 especially Gaza \u2014 remains strong, Al Ahram Center for Political and Strategic Studies head Ayman Abdel Wahab told El Hadidi (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=JoFFddnqDFU\" style=\"\" rel=\"noopener\">watch, runtime: 5:11<\/a>).<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">CIRCLE YOUR CALENDAR- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Mark your cal<\/strong><strong>endars for AmCham\u2019s flagship investment conference on 29 April <\/strong>at the Nile Ritz-Carlton. The full-day event will bring together policymakers, regional investors, and private-sector leaders to discuss the nation\u2019s investment climate and growth sectors including energy, real estate, healthcare, education, fintech, and manufacturing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Among the headline speakers<\/strong> are Investment Minister <strong>Hassan El Khatib<\/strong>, GAFI Chairman <strong>Hossam Heiba<\/strong>, Sovereign Fund of Egypt CEO <strong>Noha Khalil<\/strong>, and SCZone Chairman <strong>Walid Gamal El Din<\/strong>. The event will also feature a strong regional investor presence, with reps from Saudi\u2019s <strong>SNB Capital<\/strong> and <strong>FII Institute<\/strong>, and the UAE\u2019s <strong>Dubai South Properties<\/strong> expected to attend.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>A new batch of fully serviced industrial units will be offered to investors in Luxor, <\/strong><strong>Aswan, and other governorates starting 1 May<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid036cmcwCBaF47aLBaPwZR6yictkeYtdVFChx6rAsbuyJksbeEZAJ6ZUumZyis2sQvgl\" style=\"\" rel=\"noopener\">statement<\/a> from the Transport Ministry. The offering coincides with Labor Day and is part of the state\u2019s broader push to attract investors across Upper Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The whiplash from Trump\u2019s on-again-off-again tariff policy is far from over: <\/strong>US President Donald Trump dealt another blow to Big Tech after giving them a brief respite for a day by exempting consumer electronics from his new tariff regime. He later signaled that smartphones, chips, and other consumer electronics will be subject to separate levies following a national security probe into the sector. US commerce secretary Howard Lutnick said the new tariffs could come in a month or two. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-04-13\/china-says-us-tariff-exemption-a-small-step-to-undoing-mistake?srnd=homepage-middle-east&embedded-checkout=true\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/trump-plans-separate-levy-exempted-electronics-amid-trade-war-lutnick-says-2025-04-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9038804f-cf69-4193-9332-8b5ea1f9af4b\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-trump-tariffs-trade-war-04-14-25?mod=hp_lead_pos1\" style=\"\" rel=\"noopener\">WSJ<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It looks like Wall Street will be cheering the news: <\/strong>Stock futures are up and Asian markets are rising on the first trading day following news of the reprieve, signaling a potential tech stock rally. Tech stocks had shed tns of USD on the back of the earlier announcement of the tariffs, with Apple, which lost some USD 775 bn before regaining half the losses, among the biggest victims of the sell-off. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d6001ba0-a757-48e7-9a7c-228c9740a3cf\" style=\"\" rel=\"noopener\">FT<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2495.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> We look at French-Egyptian plans to add 100 French schools to Egypt\u2019s education system. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, y\u2019all. For the first time in a while, tariffs and nervous hand-wringing over the state of the EGX and EGP are not dominating the local business news as we all get used to the new normal of FX volatility. Instead, our attention is turned to the end of this week when the central [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":663710,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[168,6684,7312,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-663709","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-diplomacy","tag-egypt-kuwait-relations","tag-egypt-qatar-relations","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"69bd1cba-4bbe-4b6c-b07b-536a069a1134","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2025\/4\/768.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gaza and economic cooperation top agenda of El Sisi\u2019s Qatar, Kuwait trip","related_issue":[663707],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.5c4c6fe4-b2cc-4100-a6bb-127ceb390a1e.mp3"},"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>Gaza and economic cooperation top agenda of El Sisi\u2019s Qatar, Kuwait trip - 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\/2025\/04\/14\/gaza-and-economic-cooperation-top-agenda-of-el-sisis-qatar-kuwait-trip\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gaza and economic cooperation top agenda of El Sisi\u2019s Qatar, Kuwait trip\" \/>\n<meta property=\"og:description\" content=\"Good morning, y\u2019all. For the first time in a while, tariffs and nervous hand-wringing over the state of the EGX and EGP are not dominating the local business news as we all get used to the new normal of FX volatility. 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(You can view the\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":640899,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/07\/what-were-tracking-on-07-september-2017\/","url_meta":{"origin":663709,"position":1},"title":"What we\u2019re tracking on 07 September 2017","author":"enterpriseam admin","date":"7 September 2017","format":false,"excerpt":"We slide into the weekend after a blessedly short work week \u2014 and still counting the hours until what we expect is three-day weekend 21-23 September for Islamic New Year, which should fall on the Thursday (the Hijri calendar permitting). 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