Here’s what we’re tracking today
Offloading water and social housing to the private sector
CPME wants to take over Evolve | USD 2 bn Chinese tire project | Unemployment cools | WFH Sundays extended.
Thursday, 30 April 2026
Happy Thursday!
Our big story today covers how the government is finally opening the door for the business community to build and manage both national water infrastructure and low-income social housing. The hope: That private-sector know-how will translate into faster builds and better service and maintenance.

Today at a Glance
Podcasts
Morning Drive is your daily download of the essential headlines shaping Egypt. Hosted by ‘Synthetic Salma’ — an AI-powered version of Executive Editor Salma El-Saeed.
Listen on: Apple Podcasts | Spotify
Investment Watch
M&A Watch
Explore EnterpriseAM for your industry
A close look at key activities driving headlines across industries
Privatization Watch
Here’s why “temporary listings” are all the rage right now
The government plans to list Misr Travel and Egoth in…
FinMin drafts EGP 9.7 tn consolidated budget for FY 2026-27
Good morning, wonderful people. We’re heading to the weekend with both a busy issue and a shot of good news: The EGP…
Newsmakers
CIB CEO Hisham Ezz Al Arab on why Egypt is ready to welcome digital-native banks
“Egypt is at the brink of an inflection point with regulatory momentum, demographic tailwinds, and consumer behavior aligning to drive rapid…
My Morning Routine
AUC’s Onsi Sawiris named Africa’s top business school by Eduniversal
The school is awarded the Five Palmes of Excellence Emeritus Award after retaining international recognition for over a…
Spotlight
Regulation
Legislation Watch
Parliament moves to shield healthcare and research from nuclear fee hikes
Amendments create a clearer distinction between commercial nuclear ventures and…
Regulation Watch
El Sisi shuffles central bank board, appointing three new subject-matter experts
Sherif Kamel, Ali Faramawy retain seats for another year
Cabinet Watch
Garghoub is now a Special Economic Zone — here is what that means for investors
Plus: A major overhaul at GOEIC to slash customs times
Ittihadiya
Egypt’s El Sisi calls on Trump to end the war
Good morning, all. It’s another morning with the regional war…
Startup Watch
Tripix launches in Egypt with a B2B-first mobility play.
“The traditional separation between B2B and B2C in transport is a market gap, not operational wisdom,” Co-founder Dina Abdelkarim tells EnterpriseAM
Meet our founders of the week: Knot Technologies’ Ahmed Abdalla and Hussein ElBendak
Knot is building its AI-native ticketing and access control infrastructure out of Egypt for…
Meet Tribe founder Roba El Gindy
“Tribe is the village that it takes to raise a child”
Industries
Banking
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125…
Finance
EM stocks bounce back from war losses, boosted by three Asian chipmakers
The rally was largely turbocharged by higher AI capital spending…
Capital Markets
Iran war triggers first major crack in 15-month EGX bull run
The benchmark index rose 8.4% the first quarter of the…
Fintech
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and…
Climate
Talabat opens super-sized distribution center at Hassan Allam Utilities’ Yanmu park
The center is also home to Talabat’s Mideast shared services…
Automotive
February auto sales climb 63% y-o-y as market awaits true war impact in March
Total sales rose 22.5% m-o-m to 17.3k units.
Commodities
Egypt is kicking off its most critical wheat harvest in years
We are projected to grow 6.5% more wheat, but will…
Tech
The cost of AI in business: What started as “the smart thing to do” has turned into a financial burden
AI tools have become a financial weight for companies handling…
Energy
Egypt to buy all gas from Cyprus’ Aphrodite field under new pipeline agreements
Newly established company Aphrodite Midstream will lead the construction of…
Infrastructure
Egypt inks USD 296.5 mn locomotive overhaul deal with Canada’s APD
The 12-year contract covers 55 locomotives currently in service and…
Manufacturing
The second phase of industrial financing program is here with bigger caps + new KPIs
The second phase of the program will see borrowing limits…
Mining
Bokra debuts Shakmagia gold fund this month, targets EGP 10 mn
Plus: FRA is capping vehicle depreciation rates to settle claims…
Thursday, 30 April 2026
TGIF
Good afternoon, friends, and congratulations on making it to the weekend. Today, we take a look at the true cost of replacing human labor with AI, check out Netflix’s latest thriller hit: Apex, round up all the footie we’re watching this weekend, and more.

Today at a Glance

Friday, 24 April 2026
It's the weekend!
Good morning, ladies and gents, and happy weekend.
It’s been a long week, and we’ve got the rundown for you below. In today’s issue, we take a look at ways to manage your time like a pro, treat ourselves to some good ol’ Nashville-style fried chicken, and break down a horror movie that had our stomachs turning.

