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How Cairopolitan is branding Egypt

1

WHAT WE’RE TRACKING TONIGHT

FinMin to launch second Citizen Bonds tranche after EGP 5 bn debut

Good afternoon, ladies and gentlemen. In case you haven’t noticed, we’re already halfway through the week — so hang in there. In today’s issue, we’re taking a deep dive into one of the city’s most beloved brands, recapping last night’s Academy Awards, and recommending your next listen. But first, the news…

🌙 So, when do we eat? Maghrib prayers are at 6:04pm in the capital, and you’ll have until 4:36am tomorrow to hydrate and caffeinate ahead of fajr.

THE BIG STORY TODAY-

📍 The Finance Ministry will open subscriptions for a new tranche of its recently launched Citizen Bonds next week, with the official issuance scheduled for 15 April, the Finance Minister’s Debt Advisor Mae Adel tells EnterpriseAM. The move follows what Adel described as the “great success” of the first offering, which drew more than EGP 5 bn in subscriptions — the first coupon payment for that tranche is also due on 15 April.

The interest rate for the upcoming issuance is still being determined. “The yield for the new tranche is still being studied in light of current market conditions and interest rate levels,” Adel said, noting that the ministry is working to set a ceiling that balances retail investor demand with prevailing yields on T-bills and T-bonds in the primary market.

^^ We’ll have more on this story in tomorrow’s edition of EnterpriseAM.

THE BIG STORY ABROAD-

🌐 The global energy crisis continues to dominate the digital front pages. Oil prices remain on the rise, with Brent reaching USD 105 per barrel this morning before settling at USD 103, as of the time of publication, while WTI also surged to nearly USD 100 per barrel. US President Donald Trump called on allies to assist in reopening the Strait of Hormuz in light of the persistent disruptions to the global oil supply.

AND- EU energy ministers plan to meet today to curb surging energy costs as the European Commission drafts emergency measures to help offset rising energy bills for consumers.

^^Read more on: Bloomberg and Reuters here and here.

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

  • The government is mulling increasing its public sector wage budget past EGP 700 bn for the first time, coming in at around EGP 750 bn in the next fiscal year, versus EGP 679.1 bn in the current fiscal year;
  • FinMin is set to waive all back taxes on unregistered properties or those missing from tax records in a major “goodwill” bid to expand the tax base through voluntary compliance;
  • Egypt is positioning itself as a key gateway in global trade amid all the disruptions, with some of its ports witnessing a notable uptick in activity as more shipments get rerouted to avoid the now-closed Strait of Hormuz.

☀️ TOMORROW’S WEATHER- We’re in for a warmer, windier day in Cairo tomorrow, with a high of 25°C and a low of 15°C, according to our favorite weather app.

2

AFTER HOURS

How Cairopolitan scaled Cairene nostalgia

🪑☕ Cairopolitan’s gallery-style space in Garden City is not your average souvenir shop. No sphinxes, no pyramids, and no papyrus. Instead, you’ll find yourself surrounded by an eclectic array of objects that depict Cairo’s contemporary urban history — think colorful posters, kitschy memorabilia, classic blue and white Egyptian street signs, and much more.

The creative concept store/design house came into being when founder Ahmed Hefnawy grew tired of a market flooded with cliché, low-quality Egyptian souvenirs produced in China. Before Cairopolitan ever saw the light of day, Hefnawy, a former art director at Leo Burnett, spent more than a decade designing, prototyping, and creating objects that captured the grit and charm of contemporary Cairene life.

His designs were a far cry from the standard commercially available souvenirs fixated on Egypt’s Pharaonic past. “He wanted to launch an entire collection, not a single product,” explains Nelly El Sharkawy, the architect and photographer who joined as partner in 2017 to professionalize the dream.

The duo officially opened the doors to their Garden City flagship in 2018. They launched with 14 products that reimagined components of everyday life in Cairo through a lens of irony, humor, and conceptual design. Their items range from whimsical home accessories, like candles in the shape of traditional market scale weights, to accessories like Egyptian rubber flip flop (el zanouba) keychains, notebooks designed to look like oversized Egyptian passports, and Cleopatra cigarette box laptop cases.

A true DIY approach to manufacturing: Unlike other local manufacturers who specialize in a single niche, Cairopolitan’s competitive edge is built on what El Sharkawy calls “non-specialization.” Their catalog spans metal, wood, tin, wax, and textiles sourced from across the country. This kind of breadth requires a mad scientist approach to the supply chain, she explains. If a mold or template doesn't exist, they build it themselves.

While they collaborate with traditional craftsmen to maintain authentic know-how, the assembly and quality control happen in their own workshops. “In Egypt, there’s always the fear of ‘what if something happens to this person?’ An entire production line will stop,” El Sharkawy says, referring to a pottery line they used to carry that was permanently discontinued after the master craftsman passed away. To mitigate this risk, they’ve embarked on their own mini process of industrialization by teaching artisans the proprietary techniques to ensure quality, scalability, and continuity in their product lines.

The transition from a creative collective to a systems-based enterprise was accelerated by an unfortunate incident. In their first four years of operation, the founders — who both come from artistic backgrounds — prioritized hiring craftsmen over accountants, and operated through a combination of Excel and gut instinct. In 2021, they discovered their store manager had been siphoning off mns over the years. “It was a turning point,” El Sharkawy tells us. The fallout forced a complete overhaul of the business, moving from manual tracking to a formal ERP system that put them on track for the impressive expansion they are undergoing today.

Cairopolitan also helped facilitate the print craze that is now a fixture of the Cairo design landscape. Making art more accessible was a driving force behind the creation of the annual Cairo Prints exhibition back in 2018. “At the time, if you wanted art for your home, your options were either very expensive limited editions in galleries or old movie posters from Downtown. There was nothing in between,” El Sharkawy explains.

Cairo Prints began as a showcase for just 15 of Hefnawy and El Sharkawy’s artist friends, who had the idea of creating unlimited editions of posters to keep prices accessible to a wider audience. Since then, the exhibition has grown massively with over 670 artists and a collection of more than 3k prints at the annual open call, and has become a barometer of sorts for the state of graphic design and visual trends in Egypt.

Cairopolitan’s activities go beyond their own real estate. Earlier this year, they held an impressive exhibition at Cinema Radio in partnership with Al Esmaelia Real Estate, honoring the life of Um Kalthoum and the making of her recent biopic, El Sett. The exhibit included archival photography and featured the work of 80 different artists who were invited to reimagine the iconic Um Kalthoum through their own creative lens. Cairopolitan also created a special product line that included tote bags, T-shirts, and their signature miniature memorabilia that were used as promotional materials for the film.

Beyond Cairo: Today, Cairopolitan is looking to scale their business of “City Branding” into additional urban identities like Giza and Alexandria. The first of these arrives in the form of Gizapolitan, a line of Giza-inspired products and posters available at the GEM Gift Shop and now at a second physical location at the Pyramids Plateau. “Gizapolitan is still in the soft opening phase, but we should be officially launching soon,” says El Sharkawy. “We're just fine-tuning some of the products and packaging.”

EXCLUSIVE- Cairopolitan has also officially signed an agreement to open a branch at the 112-acre Giza Zoo when it reopens later this year. The new location will feature an exclusive line of products centered on the history and culture of the zoo.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

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PLUG IN

The 2026 Oscars recap

🏆 Just hours ago, the curtain fell on the 98th AcademyAwards at the Dolby Theatre in Hollywood. On a night eagerly anticipated by cinephiles all across the globe, the major victors lived up to the hype, taking home well-deserved honors. Here’s everything that went down:

Another sweep for Paul Thomas Anderson: Paul Thomas Anderson’s latest epic, One Battle After Another, claimed the lion’s share of the awards. The film secured six major awards, including Best Picture, Best Director, Best Adapted Screenplay, Best Casting, and Best Editing. Additionally, Sean Penn — who was absent from the ceremony — took home Best Supporting Actor for his role in the film.

Michael B. Jordan and Jessie Buckley steal the spotlight: Sinners star Michael B. Jordan took home the Oscar for Best Actor in a Leading Role. The film also found success in three other categories: Best Original Screenplay, Best Cinematography, and Best Original Score.

Meanwhile, in a highly expected and incredibly deserved W, Irish star Jessie Buckley was declared Best Actress for her captivating performance in Hamnet. With this victory, Buckley completes a clean sweep of the major awards season, having already secured the Golden Globe, Critics Choice, and BAFTA awards for the same role.

AND- Guillermo del Toro’s Frankenstein dominated the craft categories, securing three awards: Best Production Design, Best Makeup and Hairstyling, and Best Costume Design. Other recipients included F1 for Best Sound, Sentimental Value for Best International Feature, and Avatar: Fire and Ash for Best Visual Effects.

The night’s biggest upset came in the Best Supporting Actress category, where Amy Madigan secured a W for her role in Weapons. Madigan emerged victorious after a fierce competition against Teyana Taylor, Wunmi Mosaku, and the Sentimental Value duo Elle Fanning and Inga Ibsdotter Lilleaas. Meanwhile, KPop: Demon Hunters struck gold, snatching Best Animated Feature and Best Original Song.

The biggest loser? Chalamet. Despite high expectations, Timothée Chalamet and the team behind Marty Supreme left the ceremony empty-handed. The film failed to turn any of its nine nominations into a W. It’s worth noting that Chalamet sparked significant controversy less than two weeks before the ceremony, after mocking the ballet and opera industries during a televised interview, leaving a bad taste in the mouths of both artists and the public alike.

(** Tap or click the headline above to read this story with all of the links to our background as well as external sources.)

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Ears to the Ground

A deep dive into the hidden realities of politics in Ehata

👂 Getting the inside scoop: Hosted by writer and international relations researcher Ahmed Maulana, Ehata dives deep into the political and economic events shaping our contemporary world. It deconstructs the news and analyzes potential impacts to help listeners understand the lived context in granular detail.

The podcast primarily focuses on political and security matters — as well as the intertwined issues on the regional and international stage. Since its debut in July 2024, it has tackled regional and global realities through interviews with specialized experts — covering everything from the US presidential elections and the war on the Gaza Strip to Israeli Prime Minister Benjamin Netanyahu’s domestic political battles, US military operations in Venezuela, and the Iranian-Israeli-US conflict.

Detailed analyses: In our search for a podcast analyzing the escalating regional war, we came across Ehata, which dedicated its last seven episodes over the past two weeks exclusively to the situation in the region. Maulana hosted a group of experts and researchers in politics and international relations to decipher the current scene and its repercussions for Arab countries.

Who’s really benefiting from the closing of the Strait of Hormuz? Khalid Fuad, a researcher and PhD in energy affairs and international relations, discussed the consequences of the Hormuz Strait closure crisis — its scale and its impact on global oil markets, specifically liquefied natural gas, as well as its effect on Gulf states.

Beyond that, Fuad reviewed the dimensions of the US failure to secure the strait, explaining that the most immediate beneficiary of this crisis is Russia, which is currently offsetting years of losses from Western economic sanctions. Despite the losses it is currently incurring, Fuad considers China the most prominent beneficiary in the medium to long term, predicting a faster global shift toward renewable energy to escape fossil fuel crises.

The podcast is rich with information, and its episodes — which rarely exceed an hour — make it an ideal choice for those seeking greater understanding of political and security realities.

WHERE TO LISTEN- You can tune in on Apple Podcasts | Spotify | Anghami | YouTube | YouTube Music.

This publication is proudly sponsored by

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Sports

It’s a relatively quiet day on the fields

It’s a quiet day on the fields — here’s what’s on our radar: Brentford hosts Wolverhampton in the final fixture of Matchweek 30 of the English Premier League. The match will take place at the Gtech Community Stadium in West London, with kick-off at 10:00pm on beIN Sports 1.

Other major European league fixtures we’re watching:

  • Cremonese vs. Fiorentina — Serie A, 9:45pm, Starzplay;
  • Rayo Vallecano vs. Levante — La Liga, 10pm, beIN Sports 3.
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Mark Your Calendar

A Eid stand-up night with Zarf Tarek Gedan

🎙️ Up for a family comedy night this Eid? Tarek El Ebiary returns for Eid with his interactive stand-up comedy show Zarf Tarek Gedan on Sunday, 22 March at 8pm at the Heliopolis Library Theatre. You can book your tickets on Ticketsmarché.

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GO WITH THE FLOW

What the markets are doing on 16 March 2026

The EGX30 fell 1.6% at today’s close on turnover of EGP 4.7 bn (28.6% below the 90-day average). Local investors were the sole net buyers. The index is up 8.0% YTD.

In the green: Orascom Investment (+0.8%), Abu Qir Fertilizers (+0.8%), and Eastern Company (+0.3%).

In the red: Palm Hills Developments (-4.7%), Rameda (-4.0%), and Arabian Cement (-3.8%).


🗓️ MARCH

9-16 March (Monday-Monday): Hakawy El Qahera Tent at the Citadel.

19-23 March: (Thursday-Monday): Eid El Fitr public holiday.

21 March (Saturday): Saad El Oud at CJC 610.

22 March (Sunday): Burna Boy at Festival Plaza, El Gouna.

22 March (Sunday): Zarf Tarek Gedan at Heliopolis Library Theater.

22 March (Sunday): Disco Arabesquo and The Stallion live at Sobar, Somabay.

26-29 March (Thursday-Sunday): D5 Home by Efreshli at New Cairo’s Marakez District 5 Mall.

27 March (Friday): Wegz at the PUBG Mobile anniversary carnival, the Great Pyramids of Giza.

29 March (Sunday): Arabic Calligraphy: When Words Become Art at AUC New Cairo.

30 March (Monday) - 5 April (Sunday): Cuban artist Maria Maher’s exhibition at New Cairo’s Maison69 at Garden 8.

APRIL

2 April (Thursday): Hany Shaker at Theatro Arkan.

2-4 April (Thursday-Saturday): AUC Tahrir CultureFest 2026 at AUC Tahrir Square.

7 April (Tuesday): Shakira at the Pyramids of Giza.

13 April (Monday): Sham El Nessim.

25 April (Saturday): Sinai Liberation Day.

MAY

1 May (Friday): Labor Day.

7-9 May (Thursday-Saturday): Sandbox Festival in El Gouna.

26 May (Tuesday): Arafat’s Day.

26 May (Tuesday): Andrea Bocelli at the City of Arts and Culture in the New Administrative Capital.

27-29 May (Wednesday-Friday): Eid El Adha (TBC).

JUNE

16 June (Tuesday): Islamic New Year.

30 June (Tuesday): June 30th Revolution.

JULY

23 July (Thursday): July 23rd Revolution 1952.

24 July (Friday): Adriatique at the North Coast.

AUGUST

21 August (Friday): Black Coffee at Cubix North Coast.

25 August (Thursday): Prophet Muhammad’s Birthday.

OCTOBER

6 October (Tuesday): Armed Forces Day.

24 October (Saturday): Blue 25th Anniversary Tour at New Capital.

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