On the up

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WHAT WE’RE TRACKING TONIGHT

Energos Power regasification unit docks in Alexandria

Good afternoon, friends, and welcome to issue #1k of EnterprisePM. A slow news cycle has made celebrating all the easier, as has the anticipated drop in temperatures starting tomorrow.

THE BIG STORY TODAY

The first of three additional regasification units has made port in Egypt, with the US-based New Fortress Energy-owned Energos Power arriving at Alexandria Port’s Tahya Misr terminal earlier today, according to a statement from the Oil Ministry. The 750 cubic feet per day (mcf/d)-capacity regasification will help regasify LNG shipments as the high demand summer months start rolling in following an agreement with previous lease holders Germany.

The Energos Power will soon join the already docked 750 mn mcf/d Hoegh Galleon in Ain Sokhna, and be followed soon by the 750 mcf/d Energos Eskimo currently in Jordan’s Aqaba and a floating storage regasification unit from Turkish state-owned energy firm BOTAS.

REMEMBER- The government is preparing for a surge in demand over the summer months, which has led the country to target importing 155-160 shipments of LNG this year to close the gap between demand and supply. Adding pressure to keep the lights on — and for Egypt to potentially overprepare — are repeated pledges from the government that the dreaded days of blackouts won’t return.

THE BIG STORY ABROAD

The financial foreign press continues to focus on Trump’s announcement delaying the 50% EU tariff until 9 July to allow for negotiations. Trump received a call from European Commission President Ursula von der Leyen requesting an extension from the original 1 June deadline. The president had previously indicated that he will impose the high tariffs because “discussions with [the EU] are going nowhere.” (Reuters | Bloomberg | Financial Times | CNBC | AP | CNN)


MEANWHILE- EU stocks moved into positive territory as investors responded to the US president’s decision to delay tariffs on the bloc. European automotive stocks — those most vulnerable to US tariff threats given that vehicles and machinery represent the EU’s largest export to the US — recovered from a 3% loss in the previous session to trade 1.1% higher, according to CNBC. The pan-European Stoxx 600 gained 1.0%, with all sectors in positive territory. France’s CAC 40 added 1.1%, Germany’s DAX rose 1.6%, while UK markets remain closed for a public holiday.

☀️ TOMORROW’S WEATHER- The capital will mercifully be seeing a major cooldown tomorrow compared to today’s weather, with the mercury set to peak at a mild 31°C throughout the day before cooling even further to 19°C at night, according to our favorite weather app.

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FOR YOUR COMMUTE

MENA’s strongest brands in 2025

London-based valuation consultants Brand Finance have recently published its 2025 Middle East 150 report, detailing the 150 top performing brands across the region. The consultancy’s report (pdf) showcases impressive brand value growth across the MENA region, with Saudi Arabia and the UAE — at a combined value of USD 112.4 bn and USD 86.0 bn respectively — dominating the field in 2025.

The breakdown: According to another UAE and KSA-focussed report from the consultancy, oil, banking, gas, and telecommunications are the dominant sectors to which the Kingdom owes its growth. In the UAE, diversification efforts have paid off, with green energy, artificial intelligence, and overall digital transformation having accelerated the country’s GDP. Both form a combined 81% of the region’s total brand value, playing a pivotal role in driving growth across the entirety of the region.

Reigning as MENA champion for the sixth year in a row is Aramco. Aramco — valued at USD 41.7 bn — finds itself in the top spot for yet another year as the region’s most valuable brand. Coming in hot on its heels is Adnoc. The Abu Dhabi National Oil Company has also managed to maintain its position as the second most valuable MENA brand for the sixth year in a row, but upped its brand value by 25% to USD 19.0 bn. STC holds strong in third, with the telecom company’s brand value reaching USD 16.1 bn — a 16% increase from 2024, according to the report.

The dark horse of 2025’s race is e& — coming in fourth place with a whopping 701% increase in brand value since 2024. Valued by BF at USD 15.3 bn, the Abu Dhabi-headquartered telecom provider proved itself the fastest growing brand both regionally and globally in 2025. This growth is owed to Etisalat and e&’s merger, as per Brand Finance. In another first, Riyadh-based Roshn Group made its way to the Middle East 150 report, securing a spot in the top 40 MENA brands. The report notes that the real estate group is one to watch, given its relatively-recent inception in 2020 by the Saudi Public Investment Fund — and its sizable contributions to the Kingdom’s 2030 vision.

So, where did Om El Donya’s brands rank? Egypt’s top brands were found to be valued at a total of USD 3.3 bn according to Brand Finance — a growth largely owed to the banking sector and tobacco. The National Bank of Egypt comes in first place as Egypt’s top performing brand, and 56th in MENA, valued at USD 717 mn — up 9% from 2024. This means NBE has managed to maintain its position for the third year in a row. The consultancy attributes this consistency to the bank’s higher interest rates, high-yield savings products, and its focus on digital services and client convenience.

Who else is on the list? Following NBE are El Sewedy Electric at second locally and 73rd regionally, Nakhla at third and 77th, Banque Misr at fourth and 78th, CIB at fifth and 88th — maintaining its 2024 position as Egypt’s strongest brand at a brand valuation of USD 351 mn, not to be confused with NBE’s accolade as Egypt’s most valuable brand —, Eastern Company at sixth and 91st, Telecom Egypt at seventh and 101st, and Orascom Construction at eighth and 139th.

The tobacco sector is smoking (pun intended). Egypt’s fastest growing brand appears to be tobacco manufacturer Nakhla, valued at USD 418 mn, up 32% from 2024. The report attributes this growth to “a constantly expanding global hookah tobacco market” both locally and globally — an expansion Nakhla doubled down on by increasing its exports.

“The growth we’re seeing among Egypt’s top brands this year really shows how the game is changing. It’s not just about strong numbers anymore – it’s about having a clear direction, staying flexible, and genuinely connecting with people. The brands that are listening, adapting, and staying relevant are the ones coming out on top,” Brand Finance Middle East Managing Director Andrew Campbell commented.

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Ears to the Ground

Unpacking what hurts with John Delony

? Unpack life’s messiest moments with The Dr. John Delony Show, one honest call at a time. This podcast puts real people on the mic, in real time, trying to make sense of life’s more complicated moments — from strained marriages and panic attacks, to boundary issues with parents, and burnout at work. Hosted by mental health expert and double PhD holder Dr. John Delony, the show feels less like therapy and more like a friend telling you what you need to hear.

What to expect: Each episode opens up with a caller diving straight into what they need help with. Delony listens to their whole plea before guiding them by asking tough questions, some needed dry humor, and practical advice. His approach blends psychology, personal experience, and a sense of compassion for each caller. Episodes range between the ten-minute mark and an hour, depending on the caller’s concern.

What makes the show stand out? Its simplicity. Because it’s just two people having a conversation, long-time listeners say the draw is in its raw authenticity. Callers aren’t polished — they ramble, hesitate, break down mid-sentence, and Delony doesn’t jump in to fix things — he walks them through their emotions, often in a way that resembles a typical therapy session.

WHERE TO LISTEN- You can find The Dr. John Delony Show on Apple Podcasts,Spotify, and YouTube. New episodes drop multiple times a week.

This publication is proudly sponsored by

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Sports

All calm on the pitches

⚽ There are no matches to follow today after the wrapping up of all European leagues last night. Football fans now look forward to the decisive round of the Egyptian League, the European Conference League final on Wednesday, and the Champions League final this weekend.

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OUT AND ABOUT

Run, Forrest, run

MARK YOUR CALENDAR-

? Feel like running through all the colors of the wind? On Saturday, 31 May, O West will be hosting The Color Run marathon — a 5km foray through the decades, complete with “‘70s disco fever, ‘80s arcade vibes, and ‘90s street culture,” — and naturally, a whole lot of color. So be ready to get a little messy. The marathon will kick off at 8am, and the tickets are available through Ticketsmarché.

HAPPENING THIS WEEK-

Can you handle a roast? WKND CMDY ’s Mohamed Kamtcho, Iron Tawfik, Khalid Elshoky, and Amgad El Shawshy will be dishing out uncensored jokes and roasts on stage at CJC 610 on Tuesday, 27 May — just make sure you can take it, because these guys don’t hold back. You can secure your spot through CJC’s official website.

Ready to rock? Egyptian soft rock band Wust el Balad will be hitting the stage at Aurora O West on Thursday, 29 May. Led by Egyptian vocalist and actor Hany Adel, Wust el Balad has been a pioneer in the indie Egyptian music scene since its founding in 1999. While ticket details have yet to be announced, we’d suggest keeping an eye out for them on Aurora’s official Instagram account.

Dalida may have once found her love in Portofino, but this May we’ll be feeling her love right here in Cairo. On Friday, 30 May and Saturday, 31 May at The Theater in 6th of October, Dalida: Bint Shoubra — a musical production honoring the iconic vocalist’s life and musical legacy — will shine the spotlight on the Shoubra-born megastar. The production will be led by Lebanese singer Mirva Kadi, with a special appearance by Egyptian singer Haidy Moussa. You can book your tickets for both days through Ticketsmarché.

KMT House is painting a picture of the ‘90s this weekend. On Saturday, 31 May, the self-proclaimed Maadi oasis will play host to quite the paint-splattered affair — a “Paint and Breath” experience curated by Narmer Palette. Expect ‘90s vibes, ‘90s music, and ‘90s art skills — you might also don your best ‘90s fit, but only if you’re ready to sacrifice it to your favorite color. To reserve your spot, you can reach out to Narmer Palette through their official Instagram account.

HAPPENING LATER-

It’s almost beats by the beach season, and we’d suggest getting a headstart this Eid in Somabay. Debuting in Egypt, German electronic dance music trio Klangphonics will be joining Belgian synth-pop band Oscar and the Wolf for CJC’s Lumen party experience at Somabay’s Mesca Beach on Saturday, 7 June. Joining them with rhythms of their own are Cairo-based DJs Wolf Fang Midi, Dirty Backseat, and Zeft Funk. You can grab your tickets through Ticketsmarché. P.S. Don’t forget your favorite swimwear.

Free up your schedule on Saturday, 7 June and Sunday, 8 June for the second installment of the Makadi Heights Music Festival, taking place at The Haus in Hurghada. Cairokee will inaugurate the summer staple on the first day, while rap icons Marwan Moussa and Afroto wrap up the second. You can book your tickets for either or both days through Ticketsmarché.

Freshen up your linen shirts and pack up your shades, because Egyptian megastar Amr Diab will be kicking off Sahel season at Sol Beach Marassi on Friday, 4 July. Joining the Hadaba will be German electronic dance music producer and singer Monolink, and Copenhagen-based experimental pop trio WhoMadeWho. You can grab your tickets from Ticketsmarché. Just don’t forget your sunblock.

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GO WITH THE FLOW

What the markets are doing on 26 May 2025

The EGX30 fell 0.3% at today’s close on turnover of EGP 4.1 bn (11.6% below the 90-day average). Local investors were the sole net buyers. The index is up 7.3% YTD.

In the green: Egypt Aluminum (+5.0%), GB Corp (+2.9%), and Orascom Development (+1.4%).

In the red: Beltone Holding (-4.4%), Fawry (-3.8%), and EFG Holding (-2.6%).


21-31 May (Wednesday-Saturday): Disney On Ice at Cairo International Stadium.

26 May (Monday): Carmen Opera at The Cairo Opera House.

26 May (Monday): Michael Bublé at New Administrative Capital.

27 May (Tuesday): WKND CMDY Night at CJC 610.

28 May (Wednesday): Jadalat CJC610.

29 May (Thursday): Wust el Balad at Aurora O West.

29 May (Thursday): Sout w Soora Umm Kalthoum Tribute Night at Qasr El Nile Theatre.

29 May (Thursday): Omar Khairat at the Cairo Opera House.

30 May (Friday): Disco Misr Festival at Zed Park.

30 May (Friday): Adam Port at the New Administrative Capital’s Green River.

30 May (Friday): Sharmoofers at Boom Room.

30-31 May (Friday-Saturday): Dalida: Bint Shoubra at The Theatre.

31 May (Saturday): AUC Alumni Folklore Group at Theatro Arkan.

31 May (Saturday): The Color Run at O West.

31 May (Saturday): Paint and Breath at KMT House.

JUNE

1 June (Sunday): Mai Farouk at the Cairo Opera House.

6 June (Friday): 50 Years of AC/DC concert.

7-8 June (Saturday-Sunday): Makadi Heights Music Festival at The Haus, Makadi Heights.

26 June (Thursday): Jeff Dunham at the New Capital’s Drama Hall.

27 June (Friday): Medhat Saleh at Cairo Opera House.

28 June (Saturday): Cairokee Empire concert at Cairo International Stadium.

JULY

4 July (Friday): Amr Diab, Monolinkand WhoMadeWho at Sol Beach Marassi.

OCTOBER

16-24 October (Thursday-Friday): Gouna Film Festival.

30 October - 22 November (Thursday-Saturday): Forever is Now at the Great Pyramids of Giza.

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