Good morning, all. We kick off this Tuesday with a packed issue, led by news of remittances doubling, updates on plans to amend the property tax, and a regasification unit secured under a ten-year contract .

PSA-

The 15 May deadline for EGX-listed firms to file 1Q financials has been pushed to the end of the month, the Financial Regulatory Authority said in a statement. The two-week extension pushes the deadline to 30 May.

WEATHER- It’s another sunny day in Cairo, with a high of 35°C and a low of 20°C, according to our favorite weather app.

It’s much cooler in Alexandria, with a high of 26°C and a low of 18°C.

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WATCH THIS SPACE-

The government is considering anti-dumping duties on hot-rolled steel imports after a dip in demand for Egyptian steel exports has left local producers competing with cheaper, lower-quality steel, a government source told EnterpriseAM. Egypt had traditionally exported its hot steel output to European and other markets, while importing cheaper hot steel to meet local market demand, we were told.

European tariffs on hot rolled steel have upset the country’s import/export balancing act, leading to a study of export orders of local steel to assess the impact ahead of any market intervention.

THE BIG STORY ABROAD-

Hamas released Israeli-American Edan Alexander from captivity yesterday during a brief halt of hostilities that ended later in the day. The release — framed as “a gesture of goodwill” towards the Trump administration — is widely expected to revitalize ceasefire talks, with Israel planning to send a delegation to Doha on Thursday.

A ceasefire is crucial for Gaza: The complete blockade on food and medicine by Israel for more than 70 days sent hundreds of thousands starving, pushing the enclave to the brink of full-blown famine, a UN panel said yesterday.

ALSO IN THE REGION- Kurdish separatist group PKK decided to disarm and disband, after four decades of fighting for autonomy from Turkey. The end of the conflict is expected to bolster Ankara’s ambitions in the region and free up resources to rebuild Syria’s military and civilian infrastructure.

OVER IN BUSINESS- The US and China have agreed to a 90-day pause to their trade war after two days of talks in Geneva. We have the details on this in today’s Planet Finance.

*** It’s Going Green day — your weekly briefing of all things green in Egypt: Enterprise’s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.

In today’s issue: We look at what the nationwide shutting down of Chinese-standard EV fast chargers could mean for EV users.

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