Good afternoon folks, and happy near-Thursday. The weekend is peeking over the horizon as more stories begin to flood our news cycle.

THE BIG STORY TODAY

Our first look at next year’s budget: Earlier today we got our first look at the Madbouly government’s fiscal projections for the fiscal year 2024-2025. The government sees the economy growing at a 4.8% clip in the coming fiscal year, up from this year’s estimated growth of 3.0%, according to a document seen by Enterprise. The government hopes to see headline inflation average 15% during the FY 2024-25, significantly down from a projected 38% this year.

THE BIG STORIES ABROAD

#1-Tens killed in bomb attack in Iran: Two bomb attacks near the grave of late Irani military commander Qasem Soleimani killed at least 73 and injured over 170 others. The attacks came on the fourth anniversary of Soleimani’s assassination by the US. The death toll is still being updated. (CNN | Reuters | Bloomberg)

#2- The death of Hamas’ second in command, Saleh al-Arouri, has also continued to dominate the international press since we dispatched thismorning. A Hezbollah spokesperson says Israel is behind the strike on the Hezbollah base in Dahieh, consisting of a drone and three rockets, but they have yet to claim responsibility despite a US defense official also pointing the finger at the IDF. Even a member of the Knesset from Netanyahu’s Likud party, Danny Danon, took to X to congratulate the IDF for killing Arouri, according to the Washington Post.

COME WORK FOR OUR ADVISORY ARM- Enterprise Advisory (formerly known as Inktank Communications) is looking for smart, talented people to help us tell the stories of exciting companies. Enterprise Advisory is the region’s leading investor relations advisory company and works on investor and strategic communications issues that take you deep inside the c-suite. Our clients are in Egypt, Saudi Arabia, the UAE, and beyond. Egyptian and foreign nationals alike are welcome to apply, but native-level verbal and written English fluency is a must.

WHO YOU ARE- We’re looking for gifted storytellers with a minimum of four years of work experience in investor relations, finance, banking, economics, or a related field to develop cutting-edge products and maintain relationships with a portfolio of clients. Candidates should have a bachelor’s degree or higher in finance, accounting, economics, business administration, or a related discipline. We’re looking for someone whose passion for storytelling is matched with strong analytical and problem-solving skills, as well as the ability to interpret and present financial data — with a keen eye for details and accuracy.

INTERESTED IN APPLYING? To apply for the position, drop us a line at jobs@enterprisemea.com and mention “Enterprise Advisory” in your subject line. Please send a solid cover letter telling us a bit about who you are and why you’re a good fit for our team. We want to see your CV, but the most important thing is a cover letter that makes us want to pick up the phone and give you a call.

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

HELP GAZA-

Want to support relief efforts in Gaza, but don’t know how? We’ve got you. More than 1 mn people in Gaza have been thrown from their homes and every human being there lacks access to food, water, and fuel amid the most intense bombardment any population has endured this century.

The folks at Talabat are processing donations for a range of Gaza relief appeals by charities including the Egyptian Food Bank and Misr El Kheir. Pay in EGP using your credit card.

Or check out our list of charities to which you can make direct donations via bank deposit and/or Fawry.

🌤️ TOMORROW’S WEATHER- Expect patches of sun throughout the day and a high of 22°C in the daytime and drop to 13°C in the evening, according to our favorite weather app.

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