Greenwashing does companies (financial) good, too

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WHAT WE’RE TRACKING TONIGHT

THIS EVENING: Adnoc in talks to acquire OCI

Happy THURSDAY, ladies and gentlemen. It’s a reasonably brisk news afternoon here at home, with a light smattering of updates to take us into the weekend.

THE BIG STORY TODAY

Adnoc mulls takeover of Sawiris’ OCI: The Abu Dhabi National Oil Company (Adnoc) is in “preliminary talks” to acquire 100% of Nassef Sawiris-backed chemical producer OCI, Bloomberg reports, citing people it said are familiar with the matter.

OCI is weighing its options: The Netherlands-based company is eyeing other options including offering its US crop nutrient unit Iowa Fertilizers to Adnoc for more than USD 3 bn, sources told the business information service. OCI is currently considering potential divestments and “discussing with multiple potential buyers, for certain of its nitrogen assets are ongoing,” the company said in a disclosure to Euronext today.

We all know each other: Adnoc and OCI are already partners in MENA fertilizers firm Fertiglobe, a member of the consortium that commissioned Egypt’s first ever green hydrogen plant last year. Fertiglobe exported last month the world’s first ISCC PLUS-certified (International Sustainability and Carbon Certification) green ammonia from the Egyptian facility.

THE BIG STORY ABROAD

Monetary policy continues to dominate the international business press this afternoonafterthe Bank of England kept rates on hold today as inflation risks remain “skewed to the upside.” The bank said that it will need to maintain its tight monetary policy “for an extended period of time,” with potential additional tightening remaining a possibility if inflation persists. In the US, after forecasts of 0.75 percentage points of cuts in 2024, optimistic investors rushed to buy up as many stocks, bonds, crypto, and gold as they could causing stocks to surge, bond yields to tank, and front-end treasuries to post their best day since March. Overall, it was the best Fed day across assets in almost 15 years. (Bloomberg | CNBC | Financial Times | Wall Street Journal)

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.

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

The end of fossil fuels? One of the most hard-fought COP gatherings ever has ended in Dubai with what the global business press is — in the main — cheeringas an “historic” agreementthat “signals the end of the age of oil” after leaders from almost 200 countries signed off yesterday morning.
A mandatory carbon market is coming to life: The government is planning to launch a pilot phase for a proposed mandatory carbon market in 1Q 2024.
Drive Finance returns to the securitization market: GB Corp’s car finance arm Drive Finance has raised EGP 1.47 bn in its second securitized bond issuance this month.

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- A sunny day tomorrow with a high of 25°C during the morning and dropping to a cooler 15°C in the evening, according to our favorite weather app.

Are Meta’s new glasses using multimodal AI another invasion of privacy? Plus: Palestinian films to see during the El Gouna Film Festival

Meta’s ushering in of a new age of surveillance is cause for concern. Meta’s new face camera, which comes in the shape of an inconspicuous Ray-Ban, lets wearers shoot photos and videos without detection, and is equipped with microphones. Meta markets these features as a way to “live in the moment” and simultaneously share what you see with the world.

The Zuck shows us that AI can make us look good and smart…On Tuesday, Mark Zuckerberg, Meta CEO, posted a video on Instagram demonstrating multimodal AI that can use the smart glasses’ camera and microphone. Zuckerberg showed the AI helping him scan a shirt to pick a pair of matching trousers, tell him the name of an exotic fruit, and then translate a meme.

… but at the cost of your privacy? A New York Times journalist wore the glasses for two weeks, using them to secretly take photos and record videos of strangers. Due to the glasses’ ordinary look and camouflaged lens, no one could tell they were being caught on camera.

Plausible deniability. The journalist, Brian Chen, notes that Meta’s effort to curb undercover surveillance was to add a small LED light that flashes when a photo is taken and stays on while recording a video. Despite this, Chen says no one approached or confronted him despite his constant use of the glasses and its subtle LED outfit.

This constant surveillance is a sign of the times. While the ever-presence of smartphones, security cameras (both public and private), and dashcams already make it likely that we are constantly being recorded wherever we go, smart glasses present a new problem. Privacy scholar Chris Gilliard, who has studied the effects of surveillance tech, told NYT that this new wearable camera is going to enable a lot of bad actors intent on taking videos and photos of people without their knowledge or consent.

Silicon Valley has been shifting computing away from our fingertips and towards our faces, as with the Apple Vision Pro VR headset, and several other (less successful) smart glasses such as Snap’s Spectacles and Google Glass. Another company hoping to help us transition away from screens, but does not want to rest on your face, is Humane. The privacy-forward startup launched their AI Pin last month, hoping to create more human-centered tech.

The big picture: While Meta has taken (flimsy) strides to make its smart glasses’ camera noticeable, it’s important to note that a broader concern is whether or not the data collected by their tech will be in safe hands. Meta has a history of selling user data to third party companies, and just this year, Zuckerberg was fined USD 1.3 bn for mishandling our behavioral data.

All eyes on Palestine at the El Gouna Film Festival: The film festival,which kicks off today and ends next Thursday, 21 December, includes a special program spotlighting Palestinian narratives — Windows on Palestine — in collaboration with the Palestine Film Institute. This program is designed to “amplify the voices of Palestinians through the lens of cinema,” according to Artistic Director Marianne Khoury.

A broader conversation: The films will span across genres and stories, and will be played throughout the festival. The films that will be featured:

Ambulance by Mohamed Jabaly details the violence in Gaza in 2014 using a first person account by a young man who joins an ambulance crew as war looms.
Bye Bye Tiberias by Lina Soualem follows the lives of four daring Palestinian women from different generations.
Arab and Tarzan Nasser’s Condom Leadputs a comedic spin on intimacy in times of war.
Drawing for Better Dreams is a heartfelt short where May Odeh animates drawings made Palestinian children to translate their lives under siege.
The Gate of the Sun by Yousry Nasrallah spans 50 years of Palestinian struggle, hope, and love.
Anne Paq & Dror Dayan’s Not Just Your Picture gives us a look into German-Palestinian siblings seeking justice for their family.
Roof Knocking by Sina Salimi is a story of preservation in the face of violence.
Farah Nabulsi’s The Teacherencapsulates the daily rage and frustrations Palestinians experience.
To My Father by Abdelsalam Shehadeh uses photography to explore his people’s history.

To accompany the program is Camera in Crisis: A Lens on Palestine,a discussion moderated by Palestinian film director Mohammed Almughanni. It aims to uncover firsthand accounts of the challenges posed during the filming process when in crisis. The session will feature filmmakers Rashid Mashharawi, Najwa Najjar, Khalil Al Mozian and Gaza-born actor Ahmed Al Munirawi.

Stuck in Cairo? You can still watch the films in Zawya cinema in Downtown Cairo.

Does le Carré really reveal the inspiration behind his spy stories?

? ON THE TUBE TONIGHT-
(all times CLT)

The Pigeon Tunnel digs deep into the life of David Cornwell, aka John le Carré. For the uninitiated, this former British spy whose tales of espionage became classics of the genre with titles including The Spy Who Came in from the Cold and The Constant Gardener. But with Foreign Office Staff forbidden from publishing in their own names, the alias, John le Carré, was used.

Academy Awardwinning documentarian Errol Morris delivers an earnest and thorough exploration of le Carré, who gives his final interview in the documentary. The two skirt the boundaries of interview and interrogation but, while set against the backdrop of the time between the Cold War and now, it’s surprisingly candid and confessional.

Being a spy at his core, le Carré still maintains a certain impenetrability. One of the very first things he does is compare an interview to performance art, letting viewers know that this is not an act of vulnerability on his part, but everything being shared is calculated and by choice. Nonetheless, Morris delves into this hidden world without making it feel like there is a wall between the content and the actual truth — it is the truth but he’s in charge of the narrative.

Oh to be a fly on their wall…le Carré and Morris almost come across as co-conspirators,which makes the watch all the more intriguing.The former spy is a deeply interesting character we rarely have access to outside of action packed blockbuster films, so the documentary is enlightening in a way. We know better than anyone that this type of head-on production can get boring, but The Pigeon Tunnel is anything but.

You can watch the documentary on Apple TV.

⚽ The Egyptian league is back with round 9 tonight that promises plenty of matches to catch, one of which is Al Masry facing Zamalek at 7pm. Mit Aqaba — which has recently been playing well — is currently 10th in the standings with only three points to their name. Meanwhile, Al Masry (who is in ninth place) is looking for victory and to widen the gap with Mit Aqaba.

Pyramids, the current league leaders, will host Baladiyat Al Mahalla at the same time, but they aim to stay on top of the league, and to also stay far away from runners up, Al Ahly, which has played one game less.

It’s a new night in the Europa League: Royale Union Saint-Gilloise will be hosting Liverpool in the last round of the groups in the league at 7:45pm tonight. Liverpool secured their first place position with 12 points, meanwhile, Royale Union Saint-Gilloise is currently in third place, with only five points.

Other matches in the Europa league not to miss tonight:

AS Roma vs Sheriff (7:45pm)
Brighton vs Marseille (10pm)
Ajax vs AEK Athens (10pm)
West Ham vs Freiburg (10pm)

Take two — only two decades later…Al Ahly is meeting with Jeddah’s Al Ittihad in the quarter final of the Club World Cup on Friday at 8pm. The African champion was immediately qualified, however, Al Ittihad was able to qualify after winning with three goals against Oakland City, Oceania’s qualifying team. The two teams did play head-to-head back in 2005 where Al Ittihad won with a 1-0 score.

The winner will face the Brazilian Fluminense, champions of South America in the semi-final, this comes while Manchester City awaits the qualifier from the Club de Lyon match against the Urawa Red Diamonds, Asia’s qualifying team, which should kick off at 4:30pm tomorrow.

The Citizens and the Spurs continue to eye the top of the Premier League: Round 7 of the English League starts at 10pm on Friday, with a match between Nottingham Forest facing Tottenham, while Manchester City takes on Crystal Palace at 5pm on Saturday.

Other matches to see in the round:

Chelsea vs Sheffield United (5pm, Saturday)
Newcastle vs Fulham (5pm, Saturday)
Bournemouth vs Luton (5pm, Saturday)
Burnley vs Everton (7:30pm, Saturday)

Join Enterprise readers who are battling it out on our fantasy football pitch. Get in on the fun and click on this link or enter this code abd0f7 to take part.

The Blaugrana is trying to correct its course? Barcelona will be Valencia’s guest at 10pm on Saturday in LaLiga’s round of 17. The Catalonian team occupies fourth place, with 34 points, after it lost the last game to Gerona — widening the gap between them to seven points, and five points between their rival Real Madrid.

A selection of key matches to keep an eye on:

Genoa vs Juventus (Serie A, 9:45pm, Friday)
Augsburg vs Dortmund (Bundesliga, 4:30pm, Saturday)
Athletic Bilbao vs Atlético Madrid (La Liga, 5:15pm, Saturday)
Napoli vs Cagliari (Serie A, 7pm, Saturday)
Getafe vs Sevilla (La Liga, 7:30 pm, Saturday)

Warm up your vocal chords, gang. Karaoke Night is back at ROOM Art Space and Cafe. ROOM’s doors are open every Tuesday for you and your friends to belt out your favorite tunes, starting at 8pm and ending at 10pm. You can reserve your spot here. Keep in mind that the entry fee is accompanied by an EGP 50 minimum order per person.

Celebrate one of the all-time greats at yet another event at ROOM Art Space and Cafe in Garden City. The venue’s doors will open at 7:30 on Saturday, 16 December, giving you a half hour to settle in before the Fairouz Tribute Night begins. The music will be provided by the Michael Onsy Ensemble band, and Batoul El Abd will be delivering the golden vocals. Tickets are priced at EGP 200, and don’t include the price of the mandatory one-order minimum per person.

Get ready for the season with the Cairo Opera House which will be hosting a series of events celebrating Christmas and New Year’s Eve:

The Cairo Symphony Orchestra will host a Christmas concert on Saturday, 23 December at 8pm. You can book your ticket from here.
For Disney fans: The Disney Classics concert will be held at the Opera’s Main Hall on Monday, 25 December. The concert will start at 8pm. Tickets are available here.
Don’t miss the Nutcracker ballet shows. The performances will be presented by the Cairo Opera Ballet, along with the Cairo Opera Orchestra. The first show will be held on Tuesday, 26 December, and will continue until Thursday, 30 December. Tickets are available here.
The orchestra will also put on another concert on Sunday, 31 December celebrating New Year’s Eve. Click here to book your ticket.

CHRISTMAS EVENTS-

Get into the Christmas spirit with these festive events all around the capital.

Want to sit back and enjoy some Christmasy tunes? Arkan Plaza has you covered. Their Christmas Show, put together by Gaby Bishara, will bring you the smooth sounds of Louis Armstrong and Ol’ Blue Eyes himself in a blend of your favorite jazz tunes and classic Christmas tracks. Clear your schedule on Friday, 22 December to head on over.

Kazoku is hosting a Christmas Dinner on Monday, 25 December, in celebration of this festive season. Head on over at 9pm and enjoy the great food we’ve come to expect. Mira Cassisseya will be performing throughout the evening. Interested? You can find more information in the link provided above.

Looking for something a bit more intimate? Villa Belle Époque cordially invites you to dinner on Christmas Eve Sunday, 24 December. Live entertainment and a five course dinner… What more could you ask Santa for? Don’t forget to reserve ahead of time.

The classic Christmas staple The Nutcracker Ballet will be performed at the Cairo Opera House by the Cairo Opera Ballet Company everyday starting 26 December up until the 30th.

FILM-

Zawya cinema will be screening five movies for the late director Ali Badrakhan until Tuesday, 26 December. You can know more about the schedule from here.

Eins Christmas Bazaar is bringing you some handmade goodies, kicking off this past Friday and continuing until Sunday, 1 January, 2024. The bazaar is being held at the Gallery, in Maadi.

THEATER-

What is Goha up to now? Relive the good old days with the ACT Theater Group. The group, which consists of AUC theater alumni, is reintroducing tales of Goha’s (mis)adventures into circulation, alongside other folktales of yore. Adults can bask in nostalgia, and younger ones can connect with their cultural heritage. Register for the shows on tomorrow and Saturday, 16 December here.

Investigation, or Tahqeeq, is bringing interactive theater to its audience. Help the writer and characters solve a mystery that is revealed on the day of the performance. This unscripted, improvised performance will be playing in Rawabet tonight and tomorrow starting at 8pm. If you got your tickets, consider yourselves lucky, the show is sold out.

Enter the improv world in 2024. Starting Friday, 5 January, Ramsi Lehner will be hosting aten-class improv workshop to help you improve your public speaking skills, expand your range as an actor or performer, help you develop your standup comedy, or even just make you better at communication. The classes will take place every weekend on Fridays and Saturdays from 6:30pm to 10:00pm. Register here to claim a spot.

EVENTS-

ThatReallyCoolStudio is shining the light on Palestine, the occupation, and how we got here. Tuesday and Wednesday, 19-20 December, the studio will be hosting a series of talks, an exhibition, an art auction, a video library, and food for those interested in learning more about Palestine. All the proceeds from this event will be donated to Gaza humanitarian relief.

SPORTS-

The Cairo Half Marathon is taking place in a few months: Mark your calendars for Friday, 1 March and start stretching. Cairo Runners is bringing back a fan favorite, offering the same distances as The TriFactory. Tickets are available until 27 February, giving you ample time to convince seven of your friends to join, which will get a 10% reduction in price when you register.

Consume media with intentionality: The Review is a podcast that wants you to watch a movie, hear a song, look at art, and understand it. In each episode (running 40-60 mins), writers and guests come together to discuss entertainment and what it means to us and the world — while making recommendations and having riveting conversations along the way.

The Dropout is an older episode that locked us in. In it, the guests talk about scammers and how they are represented on television. We have no shortage of scams in the media — from Theranos to WeWork to seasoned posers like Anna Delvey whose show had everyone hooked — but why are these the stories taking over our screens? And how does this tie back to our lives?

If you run to see a YouTube analysis or video essay on a movie you just watched, this podcast is for you. In an era where entertainment is everything, the review lets you take a closer look at what’s filling your time, while you drive, cook, or chill.

You can listen to the podcast on Apple Podcasts, Google Podcasts, and Spotify.

What the markets are doing on 14 December, 2023

The EGX30 fell 0.2% at today’s close on turnover of EGP 3.84 bn (21.2% above the 90-day average). Foreign investors were net sellers. The index is up 69.4% YTD.

In the green: Edita (+5.3%), Beltone Financial Holding (+4.6%) and Credit Agricole (+3.6%).

In the red: Egypt Kuwait Holding (-4.0%), CIRA Education (-2.7%) and TMG Holding (-2.3%).

Greenwashing: How companies use “going green” to offer customers less and cut costs

Since the rise of environmental consciousness, corporations have been adopting sustainability efforts — packaged as acts of altruism in concern for the planet. The truth is that slapping a Go Green sticker (whether literally or hypothetically) on a product/service has yielded higher returns one way or another, meaning that — while there may be genuine concern and regard for the environment — these efforts also have monetary benefits.

Are they doing this to reduce waste, or to increase revenue? Besides some misleading labels, embellished claims, selective reporting, and sometimes just straight up scams, it’s an open secret that companies benefit financially from going green. Many business minds found themselves wondering how to go green with little to no disturbance to the workflow.

That’s how we’ve come to experience what we now know as greenwashing, a deliberate effort to deceive consumers that a company’s products or services are more environmentally friendly than is actually the case.

Capitalizing on investors and consumers seeking out eco-friendly companies or products does more than just pad returns— many companies use greenwashing as a tactic to rehabilitate their image or cultivate goodwill with customers, as 60% of consumers are more inclined to support eco-friendly companies.

For that reason, marketing their commitment to sustainability gives companies a competitive advantage in the marketplace. In a 2019 study, there was ample evidence illustrating that catering to environmentally-conscious consumers sees a direct incline in profits in more ways than one.

A 2014 study showed that corporations with green initiatives secure an 18% higher ROI than other companies, and a whopping 67% higher than companies that flat out refuse to share emissions reports. On average, companies claiming to be green averaged 8% more growth than companies who don’t.

But some companies aren’t just leaning into the green wave, they’re taking advantage of it. Consumers are routinely getting less bang for their buck as a result of corporations' exploitations of eco-friendly sensibilities, directly profiting off good-willed consumers.

In layman's terms, the exploitation of the green movement is glorified shrinkflation. You’re paying just as much for less of whatever you’re buying, which effectively means that these companies are charging you more for less.

Apple reportedly saved USD 6.5 bn by removing chargers and earpods from iPhone boxes, reported the Daily Mail. A decision they allegedly made to cut waste and reduce carbon emissions. Environmentalists rallied behind the resolution, as the company projected a reduction of 2 mn tons of carbon emissions per year, explains the article.

Conveniently, these measures meant they could transport 70% more devices on a single pallet, and that they could start selling customers accessories they had up until then received without charge with their iPhone purchase. Charger bricks and AirPods are each priced at USD 29, garnering an estimated USD 284 mn in sales last year.

Airlines are another industry guilty for greenwashing.In a claimed effort to increase fuel efficiency, Airlines have implemented measures to reduce weight on planes. They have started encouraging passengers to reduce the amount of luggage they have “for environmental reasons,” fining you for extra bags, which conveniently makes them an exorbitant amount of money, clocked at USD 29 bn per year. Not to mention that they get to save on fuel too.

In a similar vein, premium prices for greener products or services are common practice. Understandably so — the cost of sustainable materials are more expensive and produced in smaller quantities, and mindful consumers have no problem paying more for eco-friendly products despite the 75-85% hike in price. So what’s the problem? False advertising.

Fast fashion brands are the main culprits. Several companies have introduced “sustainable” collections allegedly made of organic materials or using ethical manufacturing practices, but actually do little to back up these claims. Not only do they neglect to follow up on these promises, they have routinely used these labels as an excuse to use cheaper material, guaranteeing more sales when consumers replace items at a faster rate.

Just last year, fashion giant H&M was the subject of a class action lawsuit for their Conscious Collection, marketed as a line produced “with the planet in mind,” and the brand marked up garments to premium pricing. H&M published that their clothing line was scored at -20% on the Higg Index, a sustainability indicator whose ratings marks how sustainable the material is, which they neglect to mention actually means that it consumed 20% more water than normal.

An investigation also revealed that several of the products in the Conscious Collection were 100% polyester. These are a couple of examples of the egregious crimes against the environment marketed, priced, and sold as green products by H&M and fast fashion companies as a whole.

It gets worse: In 2020, pharmaceutical giant Bayer acquired Monsanto, an American agrochemical company, and represented its weedkiller Roundup as safe for users and the environment. The Australian Competition and Consumer Commission (ACCC) took legal action against them for causing cancer, and Bayer paid USD 10.9 bn in penalties as part of a settlement agreement. At the time, there were also paying USD 1.22 bn to settle two other cases involving water pollutants.

Apart from the horrific exploitation of the green label to hide environmental crimes, greenwashing does have positive effects on the environment. The ethics of it are suspect, but there is no denying that the pressure to conform to consumer expectations have ultimately benefited the planet.

While we are thankful for this happy accident, time and time again, we have learned that when a company says that they are environmentally-friendly, the only green they care to save are greenbacks.

THE ENTERPRISE ENTERTAINMENT CALENDAR

DECEMBER

10-26 December (Sunday-Tuesday): Ali Badrakhan’s cinema, Zawya Cinema, Downtown.

10-16 December (Sunday-Saturday): Tutankhamun: The Immersive Exhibition at the Grand Egyptian Museum.

14 December (Thursday): Movie Night Under the Stars at Ahimsa.

14-21 December (Thursday-Thursday): Gouna Film Festival (GFF), Gouna.

15 December (Friday): Kayaking with Boards and Boats at Ahimsa

15 December (Friday): Cairo Celebration Choir’s Christmas Concert at Theatro Arkan.

15-16 December (Friday-Saturday): Stories of Goha and Folktales of Yore by ACT Theater Group at Tahir Cultural Center

16 December (Saturday): Pottery Painting with Gamila at Ahimsa

16 December (Saturday): Droob Heritage Day Tour by Qahrawya.

16 December (Saturday): Christmas Wonderland at The Field, Maadi.

16 December (Saturday): Fairouz Tribute Night at Room Garden City.

19-20 December (Tuesday-Wednesday): How Did We Get Here: Conversations about Palestine at ThatReallyCoolStudio.

21 December (Thursday): Art staged performance by Yasmina Riza at Rawabet Art Space.

21-23 December (Thursday-Saturday): Family Fun Fest by Kult Creative at the National Museum of Egyptian Civilization.

22 December (Friday): The Christmas Show by Gaby Bishara at Theatro Arkan.

22 December (Friday): Tamer Ashour Live Concert at Dandy Mall.

22 December (Friday): The High Five Stand Up Comedy Show at The Marquee, CFC.

22-23 December (Friday-Saturday): The Garden Market, Christmas Edition at Merryland Park.

22-23 December (Friday-Saturday): LA Winter Vibes Market at the Egyptian International Exhibition Center.

23 December (Saturday): Pyramids Half Marathon by The TriFactory.

23 December (Saturday): The Cairo Symphony Orchestra’s concert, Cairo Opera House, Zamalek.

24 December (Sunday): Christmas Eve at Villa Belle Époque.

25 December (Monday): Disney Classics concert, Cairo Opera House, Zamalek.

25 December (Monday): Christmas Dinner at Kazoku.

26-30 December (Tuesday-Saturday): NutCracker shows, Cairo Opera House, Zamalek.

31 December (Sunday): The Cairo Symphony Orchestra New Year’s Eve concert, Cairo Opera House, Zamalek.

EVENTS WITH NO SET DATE

2023: The inauguration of the Grand Egyptian Museum.

Q1 2024: Opening of the newly developed Pyramids Plateau in Giza.

2024

JANUARY

5 January-2 February (Friday-Friday): Intro to Improv with Ramsi Lehner.

7 January (Sunday): Coptic Christmas.

25 January (Thursday): Revolution Day.

26 January-6 February (Friday-Tuesday): Cairo International Book Fair.

MARCH

1 March (Friday): Cairo Half Marathon by Cairo Runners.

11-12 March (Monday-Tuesday): Creative Industry Summit.

APRIL

9 April (Tuesday): Eid El Fitr (TBC).

25 April (Thursday): National holiday in observance of Sinai Liberation Day (TBC).

MAY

1 May (Wednesday): National holiday in observance of Labor Day (TBC).

5 May (Sunday): Coptic Easter.

6 May (Monday): Sham El Nessim (TBC).

JUNE

15-19 June (Saturday-Wednesday): Eid El Adha (TBC).

30 June (Sunday): June 30 Revolution Day (TBC).

JULY

7 July (Sunday): National holiday in observance of Islamic New Year (TBC).

23 July (Tuesday): Revolution Day (TBC).

SEPTEMBER

15 September (Sunday): National holiday in observance of Prophet Muhammad’s birthday (TBC).

OCTOBER

6 October (Sunday): Armed Forces Day.

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