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Could a four-day workweek work?

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WHAT WE’RE TRACKING TONIGHT

FinMin to offer three-year tax incentive for new EGX listings

Good afternoon, friends, and happy (almost) weekend. We hope you’re staying warm, dry, and indoors as the weather throws us for a loop. With schools off, universities going digital, and the government mulling remote work to conserve energy, we’re left with one thought: What if we didn’t have to hit the road five days a week?

In today’s issue, we explore the four-day workweek model — its viability, logistics, and whether we could ever see such a shift take place in Om El Donia. Also today: We have a book recommendation for you to curl up with under your favorite blanket tonight.

PSA — If you’re catching an EgyptAir flight tonight or tomorrow, be sure to arrive at the airport four hours early for international departures and three hours early for domestic travel. The national carrier issued a formal advisory this morning, citing unstable weather conditions expected to persist through tomorrow, Thursday, 26 March.

THE BIG STORY TODAY-

📍 A new incentive scheme will offer tiered corporate income tax reductions over three years to companies that list on the EGX, a senior government official tells EnterpriseAM. Under the recently agreed-on plan, newly listed companies will receive a 30% reduction on payable corporate income tax in their first year, followed by 20% in the second year, and 10% in the third.

Eligibility will be conditional on maintaining the listing over the three years and hitting y-o-y revenue growth prior to each year’s tax reduction. The companies will also have to keep up to date with listing and disclosure requirements from the Financial Regulatory Authority, including quarterly reports and the payment of listing-related costs.

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

THE BIG STORY ABROAD-

🌐 A potential end to the US-Iran war sent oil prices down 5% this afternoon after Iran received US President Donald Trump’s 15-point peace plan. This comes even as Israel and Iran continue to exchange strikes, and as the Pentagon moves to send thousands of additional US soldiers to the region. Brent crude has fallen below the USD 100 mark, dipping to near USD 98.5 per barrel as of the time of publication, while WTI has steadied near USD 87.2 per barrel.

^^Read more on: CNBC and Reuters.

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

  • The Oil Ministry is targeting an additional 1 bcf/d of production by the end of this year, as part of a larger roadmap to bring output to 6.6 bcf/d by 2027 from the current 3.9 bcf/d;
  • Egypt’s current account deficit is projected to widen by 2.2 percentage points to 3.4% of GDP this fiscal year and by 0.6 percentage points to 2.5% for the next fiscal year;
  • Tourism operators are urging the government to extend low-interest financing initiatives in response to the ongoing regional conflict, which has driven new bookings across the sector down by around 20% y-o-y.

☀️ TOMORROW’S WEATHER- Stay warm and — if you can — stay indoors. We’re in for another day of rocky, rainy weather in Cairo tomorrow, with a high of just 18°C and a low of 11°C, according to our favorite weather app.

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Office life

Could we see a four-day workweek in Egypt?

💻 Could Egypt adopt a four-day workweek? The global landscape of professional labor has fundamentally shifted. Following the COVID-19 pandemic — which normalized remote work and catalyzed a re-evaluation of work-life balance — the traditional five-day workweek is facing scrutiny. While several European and Asian nations have pioneered shortened workweek models, the question remains: is such a transition viable for Egypt’s industrial and economic climate?

The trial run

The movement gained momentum in 2022, when Belgium became the first European nation to legislate a four-day workweek option, allowing employees to maintain their full salary while condensing their hours. The most comprehensive data, however, stems from a United Kingdom trial conducted between 2022 and 2023.

This pilot involved 60 companies and approximately 3k workers operating under a model of 100% pay for 80% of the time, provided that 100% productivity was maintained. The results were compelling, as 91% of participating firms opted to continue the model permanently. Businesses rated the experience an 8.5/10, with productivity and overall performance scoring 7.5/10. Furthermore, average revenue increased by 35% y-o-y during the trial period, accompanied by a notable decrease in employee absenteeism.

Beyond the UK, the IZA Institute of Labor Economics notes that four-day schedules became three times more common in the United States between 1973 and 2018. This shift was largely driven by evolving preferences for autonomy rather than industrial or demographic changes. Advocates, supported by organizations like 4 Day Week Global, argue that the benefits of a condensed week extend far beyond employee morale. For the enterprise, the advantages include enhanced recruitment prospects in a competitive market, significant reductions in overhead costs such as electricity and office maintenance, and a reduced environmental footprint due to decreased commuting.

Where Om El Donia might stand

While the West moves toward contraction, Egypt recently signaled expansion. In July 2024, the Industrial Development Authority (IDA) was directed to extend its operations from five days to six, operating Saturday through Thursday. The move aimed to accelerate factory licensing and provide more robust support to investors, highlighting a national priority on industrial throughput.

However, macroeconomic pressures — particularly the escalating regional geopolitical tensions — may provide an alternative pathway for the four-day model. The Madbouly government has considered mandatory remote work days for public and private sector employees to conserve energy amid ongoing oil and power crises. This suggests that flexibility in Egypt may be born out of necessity and resource management rather than purely cultural shifts.

Leading the pack

So, has anyone tried it? Private law firm Youssef + Partners did. The Cairo-based arbitration firm implemented a trial four-day workweek in August 2024. Farida Mostafa, Business Development Manager at the firm, noted that while legalwork is inherently high-pressure and rarely fits a traditional mold, the trial allowed staff to manage tasks more efficiently. The internal response was overwhelmingly positive.

In an internal survey conducted about the experiment, 91% of people in the firm said “they absolutely loved it,” 8% said “they liked it,” and only 1% shared a neutral stance. Rama El Guindy, associate at Youssef + Partners, told us that she worked an average of 6-8 hours a day in the trial period, and that sometimes that meant longer work days but a shorter work week overall, depending on the workload. El Guindy told us that the extra day off gave her “more time for events, rest, training, or catching up with friends and family,” as well as tending to errands and duties, usually bank and government offices, on the day off.

Could they adopt this throughout the whole year? ”If the data and delivery outcomes support broader adoption, we will lead that shift — but only if it enhances client service, strengthens our internal ecosystem, and aligns with our high-performance formula-1 DNA,” Mostafa told us.

Similarly, tech startup BasharSoft conducted a trial in 2022. Their findings mirrored global trends, with 89% of employees reporting higher productivity and 93% experiencing lower stress levels. Crucially, the company reported that business results remained stable or improved throughout the period.

However, the transition is not without its hurdles. A 2023 systematic review highlighted that condensed schedules can lead to increased pressure as employees face intensity spikes to meet deadlines within a shorter window. Maintaining client coverage and internal collaboration also requires sophisticated logistical planning, and there is a risk that the initial morale boost may fade as the four-day week becomes the new baseline.

In an economy currently balancing industrial expansion with energy conservation, the four-day workweek may eventually emerge not as a luxury, but as a strategic tool for operational efficiency.

(** 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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Under the Lamplight

The inner life of a Palestinian-American writer

💡 Clinical psychologist by day and gut-spilling poet by night, Hala Alyan offers a deeply intimate and confessional collection of poems in her 2019 book The Twenty-Ninth Year. The award-winning Palestinian-American poet centers the collection around the milestone of turning 29, trailing back to vivid memories shaped by family, exile, ex-lovers, struggles with alcoholism, and a hard-to-define life lived across different cities and countries.

Alyan’s poems capture a whirlwind of transient moments. Oklahoma, Texas, Beirut, Damascus, and Brooklyn make up some of the places where her memories take root. Through fragmented sentences and strikingly singular metaphors, Alyan experiments with form as much as she experiments with meaning. Some poems rush by, their flow almost outpacing their meaning, while others feel deliberately arbitrary, gaining clarity — or plunging deeper into chaos — upon each re-read.

Her poetry reveals her parents’ loving relationship, framed in contrast to their life as immigrants, constantly packing up and moving elsewhere. She revisits her time in the US, often highlighting the degrading white-male gaze upon her as an Arab girl. She also confesses a complex, erotic love life, reflecting on her past lovers through her ever-changing torments with identity. Married life, her kleptomaniac tendencies, and the constant surveillance that comes with being in exile are more of the difficulties that she portrays very poignantly.

The Twenty-Ninth Year offers a spell-binding look into the vast inner life of Hala Alyan. Her experiences are conveyed in compact, visceral bursts, and the disjointedness between her verses creates a thematically colorful and brimming portrait of memories that are as unforgettable as they are uniquely delivered. The less you grasp in her words, the more you feel — and the more you’re compelled to read on.

WHERE TO GET IT- You can find the poetry collection in paperback at Diwan. You can also find the eBook on Kobo.

This publication is proudly sponsored by

5

Sports

Salah to leave Liverpool this summer

As the international break continues, all eyes are on Mohamed Salah, who announced yesterday that he will depart Liverpool at the end of the current season. The move marks the end of a historic nine-year tenure defined by record-breaking stats and major trophies with the English club.

The Egyptian star and the club’s management reached a mutual agreement to terminate his contract — which was set to run through June 2027 — allowing him to leave in the upcoming summer transfer window. His next destination? We’ll just have to wait and see.

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Mark Your Calendar

The Goats take over The Tap West

🎙️ Looking to shake off the gloomy weather with some comedy? The Goats are taking over The Tap West tomorrow, Thursday, 26 March, for one final run of their Volume 1 show. Expect a night of nonstop laughter from fan-favorite comedians Mohamed Moula, Marwan El Moslemany, Marwan Fares, and Mohamed Halim. Doors open at 8pm — you can get your tickets through Ticketsmarché.

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GO WITH THE FLOW

What the markets are doing on 25 March 2026

The EGX30 rose 1.2% at today’s close on turnover of EGP 7.3 bn (11.3% above the 90-day average). Local investors were the sole net buyers. The index is up 13.6% YTD.

In the green: Fawry (+4.2%), Ibnsina Pharma (+3.6%), and Eastern Company (+3.5%).

In the red: Valmore Holding -EGP (-4.0%), Egypt Aluminum (-3.9%), and Raya Holding (-2.8%).


🗓️ MARCH

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

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

26 March (Thursday): The Goats: Volume 1 at the Tap West.

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.

31 March (Tuesday) - 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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