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On the ground in Lebanon

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WHAT WE’RE TRACKING TONIGHT

Libyan crude to become part of Egypt’s oil import mix

Good afternoon, ladies and gents. It’s another busy day in our region and the workweek gains momentum ahead of another long weekend. In today’s issue: We talk to UN Women Representative Gielan Elmessiri on the reality of the situation in Lebanon, and we have an honest review of Something Very Bad Is Going to Happen, a Netflix series that will make you think twice before getting hitched.

THE BIG STORY TODAY-

📍 Egypt has agreed to purchase 3% of Libya’s monthly crude production at international prices, a government source tells EnterpriseAM. The move comes amid disrupted supplies from Gulf producers, pushing the government to adjust sourcing rather than rely on strained flows.

Barrels will be sourced from border areas on overland transport routes, cutting reliance on pricier maritime shipping and mitigating supply chain disruptions linked to the ongoing conflict, our source says.

^^ We’ll have more details in tomorrow’s edition of EnterpriseAM.

THE BIG STORY ABROAD-

🌐 The US-Iran conflict continues to dominate the news cycle amid mixed signals over a potential escalation or a long-awaited ceasefire. US President Donald Trump took to Truth Social yesterday to threaten Iran, issuing an ultimatum that the country would be a “living hell” if the Strait of Hormuz isn’t reopened on Tuesday. Still, Trump says there is a “good chance” an agreement could be reached today. Meanwhile, Iran rejects the threats and demands compensation before fully reopening the strait.

^^Read more on: Reuters, and CNBC.

Oil prices saw slight jumps this morning following Trump’s threats, with US crude briefly surpassing USD 114 per barrel. However, investors are shrugging off fears of escalation as oil prices slid again this afternoon. WTI fell 2% to near USD 110 per barrel, and Brent fell almost 1% to USD 108 per barrel at the time of publication.

^^Read more on: CNBC.

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

  • Egypt’s non-oil private sector saw its fastest deterioration in operating conditions since April 2024 in March, reflecting a sharp dip in output and new orders that saw both hit their lowest levels in nearly two years;
  • Funding for Egyptian startups came to an abrupt wartime halt in March, with only Egyptian-founded, US-based Hamilton Labs clocking in an undisclosed investment;
  • Instapay’s year-old 0.1% transaction fee hasn’t turned away customers as some had feared — but it has made the venture profitable. As usage continues to grow, the payment service has cemented its role as the bridge between formal bank accounts and the e-wallet ecosystem.

☀️ TOMORROW’S WEATHER- We’re in for a cool-but-sunny day in the capital tomorrow, with the mercury set to peak at just 24°C, with a low of 14°C, according to our favorite weather app.

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AFTER HOURS

On the ground with UN Women Representative Gielan Elmessiri

💬 A conversation with Gielan Elmessiri: Lebanese people are paying the price of a war that they neither asked for nor initiated as Israel tries to dismantle Iran’s most consequential regional proxy, Hezbollah, and take over large swathes of southern Lebanon. We sat down with Gielan Elmessiri (LinkedIn), UN Women representative in Lebanon, for a candid discussion on what is happening on the ground.

Edited excerpts from our conversation:

EnterpriseAM: We know the situation on the ground is dire. Thousands of lives have been lost, and mns have been displaced. Can you describe what the situation currently looks like?

Gielan El Messiri: More than 1 mn people approximately 20% of the population — have been displaced. Some 136k people are currently living in 670 collective shelters (converted government schools) without adequate infrastructure like bathrooms, beds, heating, or proper lighting. Of those displaced, 87% are residing in rented apartments or staying with host families — often you find 15-20 people living in the same house, but these are the lucky ones. The ones that have nowhere to go are in public parks or on the corniche, a lot of them living in tents.

E: What impact has this had on Lebanese society?

GM: People are exhausted after years of successive crises and conflicts. The country was still reeling from the 2024 conflict, the 2020 Beirut port explosion, and the 2019 financial crisis when this latest conflict began. This is deepening an already severe economic crisis and straining social cohesion. Even when displaced families have financial resources, many struggle to find rented accommodation, because in some areas, host communities fear that their neighborhoods could be targeted by Israel. The psychological impact is severe as people are dealing with cumulative trauma.

E: How have women specifically been affected?

GM: More than 85% of displaced women and girls are living outside formal shelters. They are staying in overcrowded apartments or informal arrangements. These difficult conditions increase the risks of exploitation, abuse, and gender-based violence. Essential protection and justice services have been disrupted, so women and girls are finding it harder to report violations and seek protection. Mental health needs are also rising rapidly, as women describe constant fear, sleeplessness, and exhaustion while also comforting and often homeschooling frightened children.

E: What is UN Women doing to help with this situation?

GM: UN Women is working under the leadership of the government of Lebanon and as part of a coordinated humanitarian response to ensure that the needs of women and girls are fully integrated. We are helping displaced women earn an income through short-term job prospects, including working in 15 community kitchens set up in collective shelters across Lebanon. We're currently working with the government to support a women-led mobile kitchen that will provide meals to displaced families while creating temporary paid work in kitchen operations through CFW schemes.

At the same time, UN Women is helping prevent and respond to violence against women and girls by supporting access to judicial assistance, mental health support, and other essential services. We also work with 500 trained women community leaders who help reduce community tensions.

E: How has your organization been impacted by the sudden decrease in humanitarian funding, and what are you doing to bridge the gap?

GM: Like everyone else, we have been affected by funding cuts. But the government of Lebanon and the UN just launched the “Flash Appeal” — a tool used by the UN to quickly mobilize financial resources from member states following an emergency. The UN secretary-general came to Lebanon to attend the launch of the Flash Appeal on 30 March, and UN Women is an appeal partner. Alongside Lebanese Prime Minister Nawaf Salam, we announced a humanitarian requirement of USD 308.3 mn.

E: How big is your team in Beirut?

GM: We are 35 people, including four international and 31 national staff. Two members of our non-essential international staff have been evacuated, so right now it's just me and another colleague alongside our national team.

E: Can you give us a brief idea of what a typical workday looks like for you at the moment?

GM: There is no such thing as a typical day. This morning I had a meeting with my colleagues in Geneva, where our humanitarian division is based, to prepare for a press briefing. Then I had a meeting with my team to discuss the mobile kitchen that we're jointly supporting. I often provide updates to our headquarters and donors on our humanitarian response and funding needs. We also recently finalized the Rapid Gender Analysis report examining the gendered impact of the conflict. I try to do most of my Beirut meetings face-to-face, because it’s important to have some human interaction during times like these.

Most of the team works remotely, because only the crisis team is allowed to go to the office. But a lot of colleagues are requesting to come in person, because they either feel isolated or the exact opposite — they’re sharing a home with others because they have been displaced or are hosting others who have lost their homes.


In numbers:

  • 1 mn+ people have been displaced since the start of the war;
  • 620k women and girls have been forced to flee their homes, representing a quarter of all women in the country;
  • 85% of displaced women and girls are living outside formal shelters;
  • 370k children have been forced out of their homes in Lebanon;
  • 19k boys and girls on average are being displaced every single day;
  • 136k internally displaced persons are seeking refuge in over 670 collective shelters.

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ON THE TUBE TONIGHT

Expect the unexpected in Netflix’s new horror series

📺 How can you be sure you’re marrying your soulmate? This is the dilemma Netflix’s Something Very Bad Is Going to Happen pushes to supernatural, horrifying extremes.

Another moody production: The eight episode limited series creates an atmosphere thick with dread right from its opening scene. Rachel (Camila Morrone) and Nicky (Adam DiMarco) are a to-be-wed couple on a cold, snowy road trip to Nicky’s affluent family house in the woods a week ahead of their wedding. When Rachel steps foot in the viscerally unsettling home, audiences are left with a distinct sense that something very bad is indeed going to happen.

What we enjoyed: The show cinematically captures what chronic anxiety and paranoia are like, portrayed through a horror lens. It’s the kind of tone-driven production and storytelling Netflix’s dramas have come to be known for. The stylistic choice feels purposeful, with the series thriving on unpredictability — just when events seem to be heading in one direction, they veer into uncanny territory.

We had some gripes: The dialogue was hit or miss — sometimes genuinely moving, and at other times weighed down by overexplained, pace-dragging plot points. Lighting was a glaring issue with the show — we’d recommend watching in as dark a room as possible to fully take in the disappointingly dark and washed-out visuals.

So, is this a W for Netflix? We’d say so. Aside from being decently binge-worthy with a great cast, Something Very Bad isn’t just high-production value; it delivers a substantial, thoughtful dilemma about the fine line between destiny and taking a leap of faith. It questions the meaning of the marriage contract, whether soulmates are real, and how family inevitably shapes our choices.

WHERE TO WATCH- The series is streaming on Netflix. Watch the trailer on YouTube (watch, runtime: 2:34).

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Sports

Napoli and AC Milan battle it out tonight

It’s a relatively quiet day on the pitch, headlined by an Italian heavyweight clash between Napoli and AC Milan in the 31st round of Serie A. The Partenopei, currently in third place with 62 points, are looking for a W to leapfrog Milan into the runner-up spot. Kick-off is at 8:45pm on the StarzPlay app.

Also on our radar:

  • Juventus vs. Genoa — Serie A, 6pm, StarzPlay;
  • Girona vs. Villarreal — La Liga, 9pm, beIN Sports 2.


AT HOME- The second round of the Nile League continues today:

  • Kahraba Ismaily vs. Petrojet — 5pm, ON Sport;
  • Zed FC vs. Al Mokawloon Al Arab — 8pm, ON Sport.

This publication is proudly sponsored by

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Mark Your Calendar

A brand new standup show with The Goats

🎙️ Comedian crew The Goats are back with a second serving of their standup show on Friday, 10 April at Theatro Arkan. Hot off the success of a sold-out show last month, the group is back with a guest star — Ahmed Bahaa. Doors open at 7pm — you can get your tickets on Ticketsmarché.

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GO WITH THE FLOW

What the markets are doing on 6 April 2026

The EGX30 rose 0.8% at today’s close on turnover of EGP 7.6 bn (14.7% above the 90-day average). International investors were the sole net sellers. The index is up 13.9% YTD.

In the green: Valmore Holding -EGP (+5.2%), Raya Holding (+3.7%), and ADIB (+3.0%).

In the red: Egypt Aluminum (-2.3%), Beltone Holding (-1.7%), and AMOC (-1.5%).


🗓️ APRIL

3-6 April (Friday-Monday): Kony Spring shopping experience at Arkan Plaza, Sheikh Zayed.

6-7 April (Monday-Tuesday): Omar Khairat at Cairo Opera House Main Hall.

7 April (Tuesday): Beyond Van Gogh: The Immersive Experience at District 5 by Marakez in New Cairo.

8 April (Wednesday): Black Theama at CJC 610.

10 April (Friday): The Goats Vol.2 at Theatro Arkan.

11 April (Saturday): Burna Boy at Festival Plaza, El Gouna.

11 April (Saturday): Cairo Flea Market at Ghurnata Community Space, Heliopolis.

12 April (Sunday): Backyard Festival: Tamer Hosny and French Montana at Azha Ain El Sokhna.

13 April (Monday): Sham El Nessim.

13 April (Monday): Sharmoofers at Soho Square, Sharm El Sheikh.

16 April (Thursday): El Leila El Kebira at Theatro Arkan.

16-18 April (Thursday-Saturday): Based on True Events: Memoir Writing with Mai Serhan in Ardi, Dahshur.

17 April (Friday): Amr Selim at Small Theatre, Cairo Opera House.

17 April (Friday): Tul8te at Al Ittihad Alexandria Club, Alexandria.

24 April (Friday): Daylight saving time begins.

24 April (Friday): Medhat Saleh at Ewart Memorial Hall, AUC Tahrir Square.

24 April (Friday): Ain Gamal at Al Manara Main Hall.

24 April (Friday): Marwan Pablo at Music Arena in Antoniads, Alexandria.

25 April (Saturday): Sinai Liberation Day.

25 April (Sunday): The Marketers League at The Grand Egyptian Museum.

27 April - 2 May (Monday-Saturday): Alexandria Short Film Festival.

MAY

1 May (Friday): Labor Day.

1-2 May (Friday-Saturday): Cotzl’s Step Into the Light bazaar at Al Horreya Garden, Zamalek.

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

1-4 October (Thursday-Sunday): She Arts festival across Cairo and Alexandria.

6 October (Tuesday): Armed Forces Day.

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

NOVEMBER

28 November (Saturday): Shakira at the Pyramids of Giza.

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