Economic impacts of Iran war mount as de facto closure of Hormuz risks sending oil toward the triple digits
Flammable markets | Debt interest outpaces tax revenues | Fixing broken trade routes with Africa
Monday, 2 March 2026
Softening the mobile phone customs blow?
Good morning, folks, we have a packed issue for you toady, starting with the government mulling new customs incentives on mobile phones to ease backlash from expats.
Here’s what we know: Authorities might allow expats with permanent residencies abroad to bring in phones for work purposes. Airport-based installment plans for customs fees may also be on the table.

Today at a Glance
Podcasts
Morning Drive is your daily download of the essential headlines shaping Egypt. Hosted by ‘Synthetic Salma’ — an AI-powered version of Executive Editor Salma El-Saeed.
Listen on: Apple Podcasts | Spotify
Investment Watch
M&A Watch
Explore EnterpriseAM for your industry
A close look at key activities driving headlines across industries
Privatization Watch
Government looks to transfer EgyptAlum, Heliopolis Housing, Abu Qir, Mopco, and others to the Sovereign Fund of Egypt
By consolidating companies under the fund, the government expects to…
13 firms added to privatization list + FinMin weighs property tax suspension extension
? Good afternoon, friends, and happy Christmas Eve. The news cycle seems to be picking up the pace as we approach weekend…
Newsmakers
Swiss Chamber of Commerce in Egypt President Kamal Abdel Malek on why localization is the only answer to price competitiveness
“Swiss companies don’t look for momentary guarantees; they look for the sustainability of regulatory frameworks and laws”
My Morning Routine
EFG Hermes tops LSEG league tables again
EFG Hermes Investment Banking advised on 12 ECM transactions in 2025 — double the second-ranked bank by dealcount
Spotlight
Regulation
Legislation Watch
House approves in principle cabinet’s bill seeking to amend Education Law
The Education Committee previously approved amendments to the Education Law…
Regulation Watch
El Sisi shuffles central bank board, appointing three new subject-matter experts
Sherif Kamel, Ali Faramawy retain seats for another year
Cabinet Watch
Garghoub is now a Special Economic Zone — here is what that means for investors
Plus: A major overhaul at GOEIC to slash customs times
Ittihadiya
El Sisi, Trump meet up on the sidelines of Davos
Egypt accepted an invitation from the US to join the…
Startup Watch
NowPay lands in KSA with USD 20 mn JV with Tas’heel
KSA is witnessing “accelerating demand for modern payroll, HR, and fintech infrastructure,” NowPay CEO Mostafa Ashour tells us
Meet our founders of the week: Knot Technologies’ Ahmed Abdalla and Hussein ElBendak
Knot is building its AI-native ticketing and access control infrastructure out of Egypt for…
Meet Tribe founder Roba El Gindy
“Tribe is the village that it takes to raise a child”
Industries
Banking
EGP slips following foreign investor exits
Good afternoon, ladies and gentlemen, and welcome back. It’s another…
Finance
Wall Street goes “haven first” as Middle East tensions rattle risk appetite
As tensions flare across the Middle East, investors are rotating…
Capital Markets
Futures trading to land on the EGX in March
Futures contracts will first debut on the EGX30 before eventually…
Fintech
FRA approves GRANITE’s planned multi-currency fixed-income fund
GRANITE is also getting ready to launch fully digital money…
Climate
China’s Sany Group eyes establishing Egypt’s first wind turbine factory
Good morning, folks. It’s a pretty busy morning in local…
Automotive
New tariff plan aims to tip the scales in favor of local EV assembly
But while full exemptions for EVs may soon be a…
Tech
The end of Apple’s Supercycle and the rise of margin protection
Apple is signaling that the economics of hardware have fundamentally…
Energy
Oil Ministry is working overtime to ensure we see an uptick in natgas production
The ministry is launching two international exploration tenders this year
Infrastructure
Gov’t to relaunch stalled water desalination PPPs in December
The tender’s first batch will include two to four water…
Manufacturing
SCZone to welcome two new projects worth a combined USD 1.3 bn !_StoryHedWeb_! Egypt to welcome two new projects worth a combined USD 1.3 bn
We’ll also see three new cement plants up and running…
Mining
Mining stocks are winning as AI boosts demand for metals
Demand for metals is increasingly decoupling from traditional economic cycles
Monday, 2 March 2026
Good afternoon, ladies and gentlemen, and welcome back.
It’s another hectic afternoon in the press as the situation in the region continues to escalate. We’ve got the rundown for you below.

Today at a Glance

Friday, 23 January 2026
Good morning, ladies and gentlemen, and happy weekend.
It’s set to be a cool (and windy) weekend, and we’ve got a few ideas on how you can spend it. In this week’s edition of The Enterprise Guide, we’re listing trusted channels through which you can donate towards Ramadan boxes, or buy and distribute them yourself.

