👋 Good afternoon, folks, and welcome to the start of a new — and this time, full — workweek. We’ve got a somewhat packed issue for you this afternoon, but one we hope will fly by. We take a look at how regional tensions are impacting Egypt’s fertilizer sector, tune in to a podcast all about investing, and chit-chat with an Egyptian adventurer who actually answered the question we’ve all asked ourselves at some point: “What if I just quit my job and travel the world?”
As far as the news is concerned, it’s a quiet day at home, with the regional war still leading the global newscycle.
THE BIG STORY ABROAD-
🌐 The regional war remains at the top of the news cycle as Iran reasserts control over the Strait of Hormuz amid Washington’s continued naval blockade — which Iran says is a violation of the ceasefire agreement. While Iran indicates that talks with the US are resuming, a final agreement remains elusive amid disputes over the nuclear issue, control of the Strait, and Israel’s ongoing invasion of Lebanon, Reuters reports. US President Donald Trump says the blockade will continue until the US “transaction with Iran” is fully realized. Meanwhile, Tehran’s Supreme National Security Council warns it will offer no compromise during ceasefire talks.
It's official. MENA+ is live.
Our new regional flagship covers the flows of capital, people, and ideas across the Middle East — and beyond it. MENA+ covers AI and tech — and geopolitics, the war for talent, which BSD is on top (and who's gunning for them), the changing energy economy, new corridors to India and China, and much, much more.
What's with the "+" in MENA+? We think one of the most powerful stories in the region is the *export* of ideas and capital not just to neighboring regions (Asia, the Stans) but to international financial centers. MENA countries are jockeying for position in the new global economy now taking shape, and we're going to shape that conversation.
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** CATCH UP QUICK on the top stories from today’s EnterpriseAM:
- Talaat Moustafa Group announced plans to build an EGP 1.4 tn mixed-use city in New Cairo’s Madinaty, called The Spine. The project is expected to generate some EGP 1.7 tn in sales;
- Mansour Group’s Mac for Mobility Manufacturing has secured an EGP 2.7 bn loan from Banque Misr to finance a vehicle assembly plant. The 126k sqm facility will begin operations in 1Q 2027, producing up to 50k sedans, SUVs, and microbuses per year in its first phase;
- Ora Developers is doubling down on expanding its flagship UAE project Bayn to 9.6 mn sqm, acquiring an additional 4.8 mn sqm land plot from UAE’s Modon Holding in the Ghantoot region — a coastal corridor between Abu Dhabi and Dubai.

*** It’s Inside Industry day — your weekly Sunday briefing of all things industrial in Egypt. Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning through to product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and regulation and policy.
In today’s issue: We examine how the closure of the Strait of Hormuz is creating a paradox for Egypt, offering lucrative global export prospects while simultaneously straining domestic food security and gas supply chains.
☀️ TOMORROW’S WEATHER- After a particularly warm few days, we’re back to breezy spring weather. Temperatures in the capital are set to peak at just 26°C, with a low of 14°C, according to our favorite weather app.





