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WHAT WE’RE TRACKING TONIGHT

Outstanding regulatory approvals threaten Egyptian asset sale

Good afternoon, friends. We’re gearing up for brisker weather, but the newsroom is showing no sign of cooling down, with reports of asset sales (or lack thereof), dwindling teen interest in education, and Trump’s plan to discuss an end to the war in Ukraine with Putin tomorrow.

THE BIG STORY TODAY-

Energean’s USD 945 mn asset sale to Carlyle is at risk of being scrapped: LSE-listed oil and gas company Energean’s USD 945 mn agreement to offload Egyptian and other assets to global investment firm Carlyle is at risk of falling through as some regulatory approvals remain outstanding just days before the sale’s 20 March deadline, according to a company statement (pdf). With no agreement reached to extend the longstop date stipulated in the sale and purchase agreement, Energean warned that the agreement could be terminated.

REMEMBER- Energean inked an agreement with Carlyle in June to sell its assets in Egypt, Italy, and Croatia for up to USD 945 mn, expecting the sale to go through by the end of 2024. The acquisition would allow Carlyle to form a new Mediterranean-focused oil and gas company chaired by former BP CEO Tony Hayward.

Loose ends to be tied: Carlyle has yet to secure regulatory clearances in Italy and Egypt as well as antitrust approvals across multiple jurisdictions.

THE BIG STORY ABROAD-

It’s once again all eyes on the latest in Trumpland as the foreign press takes note of Trump’s planned conversation with Putin tomorrow: US President Donald Trump is set to speak to Russian President Vladimir Putin on Tuesday about bringing an end to the war in Ukraine as he looks to secure Russia’s backing for a 30-day ceasefire plan that Kyiv agreed to last week. Trump said the discussion would involve concessions on “dividing up certain assets,” including land and power plants. Russian Deputy Foreign Minister Alexander Grushko told Russian outlet Izvestia today that Moscow would need “ironclad security guarantees” to ensure Ukraine’s exclusion from NATO in any peace deal.

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

  • Egypt to welcome four gas shipments by April: Egypt is set to resume natural gas imports in April thanks to lower global gas prices and waning European demand.
  • This year’s cotton trading season ended earlier than usual: The 2024-2025 cotton trading season wrapped up prematurely, with significant quantities of the harvest left unsold as private sector traders and exporters largely opted out of government-run auctions.
  • Qantara West is getting another garment factory courtesy of China’s Jiangsu Guotai: Chinese textile manufacturer Jiangsu Guotai signed an agreement to set up a USD 10 mn readymade garment factory in the Qantara West Industrial Zone.

☀️ TOMORROW’S WEATHER- Temperatures in the capital will be dropping for the rest of the week after a brief taste of summer, with the mercury set to reach a high of 28°C tomorrow, before settling on 14°C at night, according to our favorite weather app.

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FOR YOUR COMMUTE

How was school? Meh…

Teen disengagement is becoming more of a common issue. Students can show up to school, complete assignments, and earn decent grades, but at the end of the day, they’re not actually engaging with their education. The Atlantic refers to this as Passenger Mode — when teens go through the motions of school without any intellectual investment.

The hidden cost of disengagement: When students operate in Passenger Mode, they miss crucial opportunities to develop critical thinking and problem-solving skills. This passive approach to education creates a superficial relationship with learning, where knowledge is viewed as something to temporarily acquire rather than truly understand. Students may become adept at memorizing information for tests, but could struggle to apply concepts to new situations, or connect ideas across subjects. This often leads to decreased curiosity and intellectual risk-taking as students prioritize meeting minimum requirements over genuine exploration — even the average Thanawiya Amma score dropped from an average of 81.5% in 2019/2020 to 74% in 2020/2021.

The effects of disengagement extend far beyond graduation. As these students enter university or the workforce, many find themselves unprepared for environments that demand self-direction and self-driven motivation. Employers consistently report that recent graduates lack initiative, adaptability, and the ability to learn independently — all skills that develop through active educational engagement. Additionally, this can establish a concerning relationship with work and achievement in general, where employees become accustomed to doing just enough to get by rather than finding meaning and purpose in their efforts.

The alarming decline in student engagement: A comprehensive study surveying over 65k students revealed a troubling trend: while 74% of third graders reported loving school, this figure plummets to just 26% by tenth grade. Even more concerning, 65% of parents believed their teens still enjoyed school — highlighting the significant perception gap between teens’ actual feelings and what parents observe. This disconnect underscores the challenge of identifying disengagement before it becomes a chronic issue.

The Egyptian context: A study published in the Sohag University International Journal of Educational Research assessed student engagement in English classes with alarming results. On a scale, only 5% of students reported “always working as hard as I can,” while the majority (53.8% admitted to “always doing just enough to get by.” Egyptian educators corroborated these findings: Walaa Saber noted students’ lack of initiative in class discussions; Al Shaimaa Khaled observed minimal participation in extracurricular activities; Mohammed Salah reported a general absence of curiosity — all classic manifestations of Passenger Mode.

Traditional parental intervention can be counterproductive. Common parental responses to Passenger Mode — such as constant homework monitoring and repetitive reminders about responsibility — typically backfire, increasing stress while decreasing motivation, as demonstrated in research by developmental scientist Ron Dahl and psychology professor Jennifer Silk.

The evidence suggests that effective intervention requires a fundamentally different approach. Rather than imposing external control measures, research suggests that the most effective approach is guiding students to develop their own learning plans and problem-solving strategies. By shifting from external motivation to nurturing intrinsic drive, educators and parents can help teens rediscover meaningful engagement with their education.

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ON THE TUBE TONIGHT

Would you survive university now?

? After sitting out last Ramadan, Donia Samir Ghanem is back with her signature theatrical charm. Aysha El Dor follows Aysha (Donia Samir Ghanem), a single mother of two, juggling the responsibilities of motherhood, her career, and her family obligations. A series of whacky situations that sees Aysha pretend to be a university student. The show lets Ghanem do what she does best — comedically play a sensible person in an insensible situation… who occasionally bursts into song to flex her musical chops.

The mixup kicks off when Aysha’s niece, Fatima, asks her to run a university errand for her. Aysha, a dutiful aunt, heads to the university to ask the professor for lenience regarding Fatima’s attendance. Overworked and overly stressed, Aysha accidentally dozes off waiting for the professor, waking up in a full lecture hall. To save her niece’s academic career, Aysha pretends to be Fatima as the situation quickly gets away from her.

The appeal of the show is that it doesn’t take itself too seriously. Between the nostalgic, old-school comedic style of the show and Aysha struggling to pass as a university student thanks to the difference in culture between generations, this is a fun lighthearted watch that is perfect for all ages. While certain moments, such as a fight scene between moms attending their childrens’ play, might leave you rolling your eyes at the absurdity, the show quickly sweeps you past any frustrations with more astute observations about parenting in this day and age.

WHERE TO WATCH- You can find Aysha El Dor on WatchIt and Shahid, or you can watch the trailer on YouTube (runtime: 1:15).

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EAT THIS TONIGHT

Suhoor and a show at the Qatma x Tableya tent

? Qatma is branching out this Ramadan. Qatma, known for its simple sandwiches, is teaming up with seasonal Ramadan suhoor tent Tableya to serve a quintessential lineup of suhoor favorites. They’ve got all the essentials covered — from creamy white cheese with tomatoes and stuffed taameya to every variation of ful you can think of. The tent also packs a punch with non-stop entertainment, offering a worthwhile Ramadan dining experience that's both budget-friendly and Instagram-worthy.

We started with the egg medahrag — hard-boiled eggs that are then pan-fried — which delivered the right amount of smoky notes but could’ve benefited from better seasoning. The veggie omelette, meanwhile, pleasantly surprised us with a side of well-seasoned, addictive fries.

Ful galore: The classic ful was everything you’d expect from the traditional dish — well-spiced, smooth, and comforting. The real standout was the Alexandrian ful, a punchy mix of tomatoes, onions, tahina, and spices.

For the taameya enthusiasts: The stuffed taameya with Kiri offered an interesting twist on the staple, even though more cheese filling would have really elevated the dish. Meanwhile, the white cheese with tomatoes offered a homemade taste. Order it spicy if heat is your weapon of choice.

Come prepared: Be sure to book in advance, as the tent fills up quickly. It’s also worth noting that the portions lean small, with each order enough for about one to two people. If you go with a full appetite, you might need to double up on your order.

WHERE TO FIND IT- One Golden Square Mall in New Cairo.

This publication is proudly sponsored by

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OUT AND ABOUT

Take your game night competitiveness to a whole new level

MARK YOUR CALENDAR-

? Skrew takes over the Boom Room: Have you hopped on the latest game night craze? Get ready for a night of strategy and competition as the Skrew Official Tournament kicks off on Friday, 21 March at 9pm. Tickets are available on Ticketsmarche.

(Tap or click the headline above to read this story with all of the links to external sources.)

HAPPENING THIS WEEK-

For lovers of theatre: Don’t miss Sayed Ragab’s Evening of Storytelling and Drama where you’ll witness the play The Writer on Honeymoon — also starring Yasmeen El Hawary — followed by a unique theatrical storytelling experience. The show will start at 9:30pm on Wednesday and Thursday, 19 and 20 March at Theatro Arkan. Tickets will be available soon on Ticketsmarche.

Unwind under the Ramadan night sky with a brush in one hand and a paddle in the other. The special Ramadan edition of Pottery Painting & Kayaking is happening on Thursday, 20 March, at 9pm at Mountain View Hyde Park. Book your spot through their page on Instagram.

Amidst the Ramadan festivities, don't forget to celebrate Mother’s Day. Make Mother’s Day special this year with a special night of music by Tablet El Sitt at Theatro Arkan on Friday, 21 March from 9pm. Tickets are available on Ticketsmarche.

Wust El Balad gears up for a special performance: The band will take the stage at Al Gomhoria Theater as part of the Egyptian Opera House’s Ramadan celebrations this Friday, 21 March at 9:30pm. You can grab your tickets from Tazkarti.

HAPPENING LATER-

The king of latin pop lands in Egypt. Grammy-winning global superstar Enrique Eglesias will be performing at Rixos Radamis, Sharm El Sheikh on Saturday, 3 May. Tickets to the concert are exclusive to guests at Rixos Radamis and Rixos Premium Seagate hotels and resorts.

Disney On Ice returns to Cairo with Let’s Celebrate. Get ready for a magical experience as Disney On Ice makes its grand return to Cairo with the spectacular show Let’s Celebrate, running from Wednesday, 21 May to Saturday, 31 May. The show will take place at the indoor hall of Cairo International Stadium in Nasr City. Tickets are already selling out, so grab them while you can from Tazkarti.

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GO WITH THE FLOW

What the markets are doing on 17 March 2025

The EGX30 rose 0.4% at today’s close on turnover of EGP 4.1 bn (16.1% above the 90-day average). International investors were the sole net buyers. The index is up 5.8% YTD.

In the green: Orascom Construction (+2.2%), Eastern Company (+2.1%) and Orascom Development (+2%).

In the red: Juhayna Food Industries (-4.4%), Emaar Misr (-3.9%) and Rameda (-3.11%).


MARCH

17 March (Monday): Sara Moullablad live at Boom Room.

17 March (Monday): Iftour in Mounira & Garden City with Qahraweya.

19-20 March (Wednesday-Thursday): Sayed Ragad’s Evening of Storytelling and Drama at Theatro Arkan.

19 March (Wednesday): Cassette 90 Band live at Boom Room.

21 March (Friday): Mother’s Day.

21 March (Friday): Saad El Oud at Majarrah.

21 March (Friday): Tablet El Sitt at Theatro Arkan.

21 March (Friday): Medhat Saleh at the Cairo Opera House.

24 March (Monday): Mazeek live at Boom Room.

APRIL

1 April (Tuesday): Annual Flower Exhibition at the Agricultural Museum.

2 April (Wednesday): Cairokee at CUBIX, El Gouna.

12 April (Saturday): She Can event at Creativa Innovation Hub, Giza.

25 April (Friday): Tamer Ashour concert at ZED Park, Sheikh Zayed.

MAY

3 May (Saturday): Enrique Eglesias at the Rixos Radamis in Sharm El Sheikh.

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

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

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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