THIS EVENING: Fawry’s cybersecurity investigation concludes that no critical data was breached

Good afternoon friends, and welcome to this chilly Sunday. Our news cycle is picking up a lot of stories which foretells a busy week to come.

THE BIG STORY TODAY

It’s a wrap on Fawry’s cybersecurity investigation: Cybersecurity firm Group-IB has found that e-payments giant Fawry’s live production environment was not breached and that no financial records or card data were leaked after concluding its cybersecurity investigation on the company’s systems, Fawry said in a statement (pdf). However, an attack targeting the company’s test environment has exfiltrated some personal customer data.

THE BIG STORY ABROAD

The Israel-Hamas temporary ceasefire continues to lead headlines in the international press this afternoon. After some conflict yesterday threatened to derail the already fragile pause, there is potential for an extension of the four-day ceasefire, now on its third day. Saturday’s dispute delayed hostage releases by seven hours due to claims by Hamas that Israel had violated the terms of their agreement, but with the pause back on track, the next set of released hostages is expected to mainly be composed of American citizens. (Bloomberg | Financial Times | Associated Press | Washington Post | Wall Street Journal | New York Times)

ICYMI- The agreement was brokered by Qatar and Egypt to allow for a hostage swap, a pause of all military offenses, and the entry of humanitarian aid to Gaza.

** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

• ACUD has a target raise for its planned IPO: The developer of the new administrative capital could raise more than EGP 150 bn when it goes ahead with its anticipated IPO on the EGX.
• It looks like we’re about to resume LNG exports: An LNG vessel has arrived at one of Egypt’s liquefaction plants.
• Another step towards a green hydrogen strategy: The National Green Hydrogen Council approved the national strategy for green hydrogen on Wednesday ahead of passing it to the Supreme Council of Energy.

*** It’s Inside Industry day —your weekly briefing of all things industrial in Egypt. Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.

In today’s issue: We discuss the details and potential benefits of AfCFTA and the challenges the continent faces to implement it.

⛅ TOMORROW’S WEATHER- The mercury will rise to a high of 21°C in the daytime and drop to a cool 16°C in the evening, our favorite weather app tells us.