Good afternoon, ladies and gents, and happy hump day. Today we’re looking at a question most job seekers have asked themselves time and again: Are most of these LinkedIn postings even real? The answer, it turns out, is complicated. We also found a Neapolitan pizzeria in Nasr City that does one thing and does it right, and tonight, the Cleopatras take the field against Zambia in the 2026 Women’s Africa Cup of Nations.
But first, the news…
THE BIG STORY ABROAD-
🌐 Headlines this afternoon continue to lead with US-Iran developments as President Donald Trump says the US is having “good talks” with Iran. Trump is hopeful the talks will culminate in an agreement but warns that strikes would resume if talks fail. Meanwhile, Iran’s Foreign Ministry held talks with Saudi Arabia and Oman today, stressing the need for “joint diplomatic efforts” to safeguard the Strait of Hormuz. The current de-escalation has extended oil’s losses, with Brent crude falling to USD 86.7/bbl and WTI dropping to USD 80/bbl as of the time of publication.
^^Read more on: Bloomberg, Reuters, and CNBC.
MEANWHILE- Ukrainian President Volodymyr Zelenskyy is expected at the White House today to meet with Trump and seek continued US support for Kyiv as the conflicts in Iran and Russia increasingly intersect. Zelenskyy says his priorities for the meeting are anti-ballistic defense and strategic cooperation with the US.
^^Read more on: CNBC and Reuters.
IN OTHER NEWS- Wildfires continue to rage across France and Spain, with soaring temperatures and no rain forecast for the rest of the week exacerbating concerns. France’s heat wave is expected to peak tomorrow, while the heat wave in Spain is expected to persist through Sunday.
IN THE BUSINESS PRESS- A semiconductor stock sell-off is deepening as investors ditch chip stocks and grow increasingly concerned about the sustainability of the AI-driven data center spending boom. The decline is led by Asian chipmakers, with South Korea’s SK Hynix and Samsung Electronics both recording drops of over 13%. The MSCI Semiconductor World index has recorded its worst month since 2022, having fallen 13%.
^^Read more on: Bloomberg, CNBC, and The Guardian.
The EnterpriseAM Egypt Forum is back — and this year, we’re giving the full day to the one question on every business leader's mind: What does AI actually mean for your company, your people, and your own job?
Leaders in New York, London, Abu Dhabi, and Singapore are asking the same things, and nobody has built a playbook that works yet. We're all figuring it out in real time — and for Egypt, the stakes are unusually high.
Egypt could leapfrog a generation on the back of this technology — or watch AI hollow out the industries and jobs we can't afford to lose. The leaders who get literate early will be the ones who get to decide which road we take.
Every session on stage answers one question: “So, what do I actually do about it?”
Join us on 5 October in Cairo. Seats are limited and attendance is by invitation only.
Request your invitation here.
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** CATCH UP QUICK on the top stories from today’s EnterpriseAM:
- Karm Holding will invest an initial USD 8.5-10 mn to build and operate an independent solar microgrid serving South Sinai’s long-stalled Abu Zenima industrial zone. The company expects to begin construction within around four months;
- A World Bank project document has filled in the missing details on the USD 520.38 mn guarantee facility for private infrastructure financing and set it on course for a World Bank board vote on 21 December 2026. The government would hold a minority stake in the facility which is designed to pull private money into infrastructure and ease Egypt’s reliance on sovereign guarantees;
- Egytrans Nosco’s board has cleared Africa Global Logistics (AGL) to begin due diligence, a step up from two weeks ago, when the board had only tasked management with studying the French group’s buyout offer. AGL will have 60 days from the start of examination to complete the review, subject to extension.

Destination Sahel is back for a second edition — and this year, it's not just about the beach.
Gulf sovereign wealth funds are pouring bns into the North Coast, Gulf buyers keep showing up despite regional headwinds, and a new 400-km master plan could reshape the whole coastline before summer’s out.
Over this season's series, stay tuned to see who's really buying Sahel, where the money's coming from, and what could still go wrong.
Plus, the hotels, restaurants, and openings worth checking out this summer.
Coming straight to your inbox — tomorrow, Wednesday, 29 July.
☀️ TOMORROW’S WEATHER- Rethink your outdoor morning plans — tomorrow is shaping up to be another scorcher, with hazy sunshine, a high of 39°C, and an overnight low of 26°C. On the North Coast, expect humidity with a more manageable high of 33°C and a low of 25°C, according to our favorite weather app.





