Good afternoon, ladies and gents, and welcome back. We’re just one day away from the long weekend, so hang in there. It’s a quiet day at home, and in today’s issue, we’re taking a look at how Egyptians spend their time online. Also today: We try out a New Cairene deli that had us coming back for seconds (and thirds), break down all the Nile League action tonight, and more.
But first, the news…
THE BIG STORY ABROAD-
🌐 Recent developments in the US-Iran war are still making headlines this afternoon. Following Iran’s attacks on the UAE yesterday — its first since the ceasefire four weeks ago — and the reported sinking of six Iranian boats in the Strait of Hormuz, Iran has accused the US of threatening maritime security. This comes after both sides traded fire and Trump warned Iranian forces that they would be “blown off the face of the Earth” if they target US ships.
After spiking last night, oil prices have edged lower — but remain well above the USD 100 mark — as tension in the strait strains the ceasefire. At the time of publication, Brent Crude stands at USD 113 / bbl and WTI at USD 104 / bbl.
^^ Read more on: CNN, BBC, Bloomberg, and CNBC.
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** CATCH UP QUICK on the top stories from today’s EnterpriseAM:
- Doha-based Green Sky Capital secured financing from a banking syndicate for its USD 200 mn sustainable aviation fuel facility in Ain Sokhna. The project — named SAFFly Egypt — is backed by Qatar’s Al Mana Holding and Saudi Vision Invest;
- The Finance Ministry is set to deploy EGP 3.4 tn in new sovereign debt in FY 2026/27 — a EGP 241 bn increase — to cover an expected EGP 4 tn financing gap, after hopes of shrinking our financing gap to EGP 2.7 tn fell through due to regional volatility;
- The Madbouly government has settled 90% of its arrears to pharma companies, with the remaining dues to be cleared by the end of FY 2026/27. The settlement is already boosting liquidity across the sector, allowing manufacturers to rebuild their strategic stockpiles.
☀️ TOMORROW’S WEATHER- Temperatures in Cairo are set to gradually climb tomorrow, with highs reaching 26°C and a low of 14°C, according to our weather app.





