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Can workplace gossip build stronger professional ties?

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WHAT WE’RE TRACKING TONIGHT

Oil Ministry targets gas output hike

Good afternoon, friends, and welcome back to the daily grind. The bad news is that Eid is over — the good news? The weekend is already in sight. Easing back into our pre-Ramadan routines will take some time, so we’ve kept things light and brisk this afternoon. Today, we’re recommending your next midday office meal, making a case for workplace gossip, and more.

THE BIG STORY TODAY-

📍 The Oil Ministry is targeting an addition of around 1 bcf/d to gas production by the end of summer, a government source tells EnterpriseAM. The exploration push includes drilling 101 exploratory wells — part of a 480-well push backed by some USD 5 bn — to ramp up domestic production. The Ministry is amending concession agreements, revising production-sharing mechanisms, and rolling out more incentives to attract further investments in the sector.

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

THE BIG STORY ABROAD-

🌐 It’s an unsurprisingly busy afternoon in the global press, with the latest developments in the region dominating the digital front pages. Following Iran’s dispute of US President Donald Trump’s claim that Tehran and Washington held talks over the weekend, the White House maintains that discussions remain “fluid.” Meanwhile, doubts are growing over the extent of efforts to end the war as Israel continues to strike Iran and Lebanon. The oil supply crisis persists, sending prices back above the USD 100 mark after a 10% drop on Monday — Brent is currently trading near USD 103 as of the time of publication. Gold prices steadied after an earlier drop, recovering to USD 4.4k per ounce.

^^Read more on: BBC, CNN, CNBC, and Reuters.

IN THE BUSINESS PRESS- US cosmetics giant Estée Lauder is in talks with Spanish beauty group Puig over a merger that would combine two of the world’s biggest beauty players, creating some USD 20 bn in annual revenue. Puig’s stock soared today, jumping as much as 15% after Estée Lauder confirmed the discussions.

^^Read more on: Bloomberg, CNBC, and the The Wall Street Journal.

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

  • A new round of austerity measures will come into effect starting Saturday, 28 March, including earlier closing hours for commercial activity, reduced public lighting, a shutdown of government buildings in the new capital after work hours, and a temporary slowdown in diesel-intensive projects;
  • FinMin is targeting a reduction in the budget deficit to 5.5% for FY 2026-27, down from the 7.3% projected for the current fiscal year. While the ministry had initially aimed for a more ambitious 4.9% deficit in its preliminary draft, the revised target reflects a recalibration to account for ongoing regional tensions;
  • Egypt’s Sumed pipeline is still funneling out Saudi crude at full capacity despite Thursday’s drone strikes on the Saudi port of Yanbu. Flows to the pipeline that serves as one of the few remaining avenues for Saudi energy imports have been unaffected by Iranian attacks.

🌧️ TOMORROW’S WEATHER- We’re in for a surprisingly cool (and potentially stormy) day in the capital tomorrow, with temperatures reaching a high of just 18°C, with a low of 11°C, according to our favorite weather app.

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FOR YOUR COMMUTE

The unexpected upsides of workplace gossip

💬 The downsides of workplace gossip are broadly acknowledged — gossiping destroys trust, reduces morale, and can lead to bullying. Though it’s generally discouraged, a study by professor Rebecca Greenbaum at Rutgers University School of Management and Labor Relations highlights how gossiping about your boss can actually strengthen bonds between colleagues… and increase cooperation.

The real tea…

The study surveyed hundreds of participants who reported that they had gossiped about their boss, asking how they acted afterwards. Unsurprisingly, employees reported experiencing feelings of guilt and shame, and were likely to avoid their boss. The twist came when the employees also reported feeling an improved sense of belonging with their colleagues.

Disclaimer: This is not your cue to go and bad-mouth your boss behind their back. The study only provides one explanation for why employees can feel inclined to engage in gossip, Greenbaum said in a conversation with the Philadelphia Inquirer. Where it works best is when employees find “a common enemy” in an undiplomatic boss, with gossip helping to foster emotional closeness and a shared sense of survival. At the same time, talking badly about your boss may stir up negative emotions that serve to protect us, but could ultimately harm productivity — prompting Greenbaum to urge employees to heed these feelings and “course correct.”

Positive gossip?

A 2023 study from the journal Group & Organization Management supports positive gossip, with researchers surveying South Korean nurses and finding that they largely appreciated talking positively about their managers and employers. According to the study, this type of workplace gossip can be empowering for employees and could lower voluntary employee turnover rates while increasing an employer’s effectiveness.

Verbal or emotional abuse takes the cake as the type of boss behavior most likely to push employees toward gossip as some form of relief. The Rutgers study finds that abusive bosses enhance employees’ willingness to support one another and bond through gossip. While they may harbor negative feelings toward their boss, the upside is that workers are more collaborative as a result, which “increases team cooperation that could aid in other important tasks.”

Daniel Boscaljon, co-founder of workplace wellness program the Healthy Relationship Academy, also underscores the positive role of workplace gossip, noting that in “overly controlling and chilled environments, the presence of any communication can be healthier than none at all.” He further explains that “unofficial or back-channeled communication about employees” can lead people to support a co-worker who is having a difficult time.

This collaborative spirit carries over into more casual interactions between workers. Called in sick on the day of an important presentation? A coworker is more likely to step in for you. Need a fellow co-worker to bounce creative ideas off? They’ll be more than happy to help. This shared sense of connection and bond helps minimize counterproductive behavior, paving the way for stronger teamwork and more seamless cooperation. One way to get there? Taking a glass-half-full approach to an inevitable workplace behavior — gossip.

(** 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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EAT THIS TONIGHT

Molly’s Bakery knows how to serve a hearty on-the-go meal

🥯 With Eid now over, we’re expected to jump straight back into work mode — and we can’t have that without a proper snack, can we now? When it comes to midday munching, you want something that’s light enough not to trigger a food coma, and filling enough to spare you the sound of your own stomach rumbling. It’s a fine balance, and one we were able to find at Molly’s Bakery.

Cairo has no shortage of bakeries, and that’s perhaps why Molly’s stands out. With the glitz and experience of an established franchise, baked in with the homey feel of a family-owned biz, Molly’s offers the best of both worlds. On the menu, you’ll find all the classic pastries, croissants, and sweet goodies, as well as a selection of sandwiches, wraps, and pizzas. If your cravings hit you earlier in the day, Molly’s also serves up a mean breakfast, with a variety of egg concoctions up for grabs. Naturally, all your favorite brews are ready to be served, too.

When it comes to coffee, Molly’s knows how to whip one up — the flat whites are strong, the Spanish lattes are just sweet enough, and the matcha delivers on both the flavor and consistency fronts. For our meals, we opted for the roast beef melt with caramelized onion as well as the sriracha tuna mix. Quite frankly, we went in with little expectations, only to be met with greatness. Both sandwiches were incredibly fresh (thanks in no small part to the bread), flavorful, and filling, and while the tuna held its own, it was the roast beef that earned our love (and elicited a second order).

All day, every day: If you’re looking for a light dinner, an early morning snack, or a midday treat, and find yourself tired of the usual culprits, we’d urge you to give Molly’s a try. The bakery also offers bite boxes with mini sandwiches, croissants, and other sweet treats, if you’re looking to meal prep ahead.

WHERE TO GET IT- You can order from Molly’s Bakery through Talabat. You can also find Molly Bakery in Maadi, Nasr City, and Sheraton.

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Sports

All quiet on the football fields

There are no matches today as the year’s first international break gets underway. Having kicked off yesterday, the hiatus runs through the end of the month, featuring a series of international friendlies that we’ll be tracking as they happen.

This publication is proudly sponsored by

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Mark Your Calendar

Abdel Baset Hamouda takes over CJC 610

🎶 CJC 610 is keeping the Eid spirits ablaze with a Shaabi Casino El Fortikiano night featuring Abdel Baset Hamouda alongside DJ Saddam at CJC 610 tomorrow, Wednesday, 25 March. The night starts at 10pm, with doors open at 8pm. You can reserve your spot through Cairo Jazz Club’s website.

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GO WITH THE FLOW

What the markets are doing on 24 March 2026

The EGX30 fell 1.4% at today’s close on turnover of EGP 7.7 bn (17.5% above the 90-day average). International investors were the sole net sellers. The index is up 12.2% YTD.

In the green: Abu Qir Fertilizers (+8.1%), Valmore Holding -EGP (+4.2%), and Heliopolis Housing (+3.9%).

In the red: CIB (-4.3%), Egypt Aluminum (-3.3%), and Juhayna (-3.0%).


🗓️ MARCH

25 March (Wednesday): Ali El Haggar at El Sawy CultureWheel.

25 March (Wednesday): Abdel Baset Hamouda at CJC 610.

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.

27 March (Friday): Talk with cinematographer Dr. Hussein Assar at Photopia in Heliopolis.

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

1 April (Wednesday): Ziad Khaled and El Waili at CJC 610.

2 April (Thursday): Lege-Cy at AUC CultureFest at AUC Tahrir Square.

3 April (Friday): Ehab Tawfik at CJC 610.

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

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

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

13 April (Monday): Sham El Nessim.

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

24 April (Friday): Daylight saving time begins.

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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