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Digital wallet

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WHAT WE’RE TRACKING TONIGHT

Government readies USD 1 bn Suez Canal bunkering stations project

Good afternoon, friends, and welcome to the almost-weekend. Following the weather, the news cycle is finally starting to experience a cooldown.

THE BIG STORY TODAY-

📍 The government is gearing up for the return of ships through the Suez Canal with a USD 1 bn plan to build bunkering stations, two government sources told EnterpriseAM. The plan includes fixed stations along the canal, in addition to floating bunkering barges capable of refueling Suezmax vessels — the largest of vessels that can still make the transit — each of which will be developed in partnership with the private sector, we were told.

But this is just phase one of a wider USD 2 bn project to bring back major shipping lines through to the canal — essentially shifting the canal from a toll road to a service station pit stop. Alongside the additional bunkering stations, the plan will include providing new maintenance services, logistics services, and services to transiting crews.

Helping push vessels to refuel in Egypt will be a competitive price point, with a government committee currently in talks with interested companies on the matter to see how they can provide a more attractive price than other refueling points on the global trade map.

THE BIG STORY ABROAD-

🌐 It’s a calm afternoon in the global press after what has been a busy week thus far. Among the top stories is Pope Leo XIV’s upcoming trip to Lebanon and Turkey. The pope’s six-day Middle East tour marks his first foreign trip since his election in May. Starting Thursday, the American pope is set to meet with religious leaders in both countries, as well as Turkish President Recep Tayyip Erdoğan and his Lebanese President Joseph Aoun. The pope’s visit to Lebanon, where he is set to champion peace, will come just days after Israel carried out an airstrike on southern Beirut that killed Hezbollah’s acting military chief of staff Haytham Ali Tabatabai, at least five civilians, and injured 28 others. (Associated Press | CNN | New York Times | Washington Post)

☀️ TOMORROW’S WEATHER- It’s going to be another cool day in the capital tomorrow, with the mercury peaking at just 25°C before cooling down to 15°C, according to our favorite weather app.

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FOR YOUR COMMUTE

Digital payments secure our trust — but not our wallets

💳 Despite fraud risks, online payments still reign supreme. Trust in digital payments among Egyptian users is rising significantly, with 76% of users fully trusting the technology, according to a study (pdf) by global payments leader Visa.

As reliance on the internet grows across nearly each aspect of our lives, so does the fertile ground for cyberattacks and digital fraud. In 2024 alone, total losses from digital fraud through online payments and banking transactions exceeded USD 1 tn, according to a Global Anti-Scam Alliance (GASA) report.

So why, despite all these risks, do people still choose digital payments? Beyond the broader digital transformation pushing countries and institutions toward a cashless future — leaving users with few alternatives — psychological factors also play a significant role. Once a procedure becomes routine, even if it carries inherent risks, they tend to become perceived as safe enough to repeat.

With user-friendly interfaces and automatically saved card details, every online purchase becomes a simple and convenient experience. It doesn’t take long before using technology like Apply Pay, tap-to-pay credit cards, and clicking “complete transaction” becomes second nature. The Visa study confirms this — 64% of consumers find digital payments easier and faster than any other method, and 59% value the ability to pay anytime, anywhere.

Digital payments vary in nature — mobile and digital wallet transactions are the fastest for consumers, while bank transfers remain the most trusted and secure, according to the Visa study. The perception that one is more trustworthy than another raises real concerns — the GASA report indicates that nearly half of all users encounter fraud attempts on an almost weekly basis. The awareness gap is being tackled in Egypt through regular campaigns to warn against digital fraud, phishing, and scam attempts.

Are the campaigns paying off? Around 96% of the participants report taking measures to protect their online transactions, and 69% say they’re more critical of messages asking them to reset passwords or share sensitive information under the guise of security issues or data updates. Some 55% recognize the possibility of falling victim to phishing a fraud, prompting them to rely more heavily on security tools and trusted authentication methods. Though modest, this figure reflects a positive shift in Egyptian consumer behavior.

Looking ahead: The digital payments sector has promising growth prospects, particularly with infrastructure support from 5G networks and improvements to digital wallet systems, which have seen a surge in users in Egypt. The country ranked sixth globally in the Mobile Money Regulatory Index in 2024, with digital wallet users reaching 50 mn — nearly half of the total population. These indicators confirm that there’s no turning back from the path toward digital payment adoption, though challenges still exist around awareness, education, and trust, as well as the steep costs of infrastructure and digital transformation.

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Under the Lamplight

Adrift in the cosmos, anchored by humanity

💡 “I was born in pieces, and then those pieces were put together.” Having penned dozens of engrossing, full-length science fiction classics, acclaimed US author John Scalzi’s 2023 novella Slow Time Between the Stars takes a different approach. Part of Amazon Original Stories’ Far Reaches Collection, Scalzi’s novella stands at a mere 28 pages, yet proves that oftentimes brevity may indeed be an author’s strength.

What if AI developed consciousness? That is the question posed by the novella, and one that is promptly answered — though in a way that’s entirely different from what you’d expect. The novella, told in first person by the AI, narrates its journey through endless space as it carries with it the weight of human civilization in the form of all the knowledge humanity has ever amassed.

The goal? Find a new home. As it ventures through space, travelling an insurmountable distance, the sentient tech is tasked with one pivotal mission: find a habitable planet or an intelligent civilization that can help. Naturally, that doesn’t happen overnight, and the AI model — the 17th iteration of its kind — finds it has nothing better to do than to reflect.

The thought of sentient AI is terrifying, but this particular model is unbelievably and viscerally human. The NYT bestselling author’s choice to have the novella be in first person adds incredible depth, personality, and humanity to what is inherently an inhuman narrator — but even that becomes subject to interpretation. The reader follows as the AI model contemplates its creation, the state of humanity, and what its mission's success may mean for its future.

The novella reads as though it were an account of a lone sailor, never to return home. Slow Time Between the Stars offers a fresh and thought-provoking reading experience that leaves the reader wanting more. At its core, it is a surprisingly deeply personal and emotional read, and one that is both timely and important as humanity pours USD tns into AI. If you’re looking for a 30-minute read with your morning coffee, look no further.

WHERE TO READ IT- You can find the e-book on Amazon at no charge if you’re a Kindle Unlimited subscriber.

This publication is proudly sponsored by

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Sports

Champions League clashes on our radar

We’re in for a sports-packed evening with the fifth matchday of the Champions League wrapping up in a series of clashes that may determine the top eight teams directly qualifying for the knockout round.

The Emirates Stadium will play host to tonight’s clash between Arsenal and Bayern Munich at 10pm. Both teams boast perfect scores, having walked away victorious from their four previous games with 12 points each and even the same goal difference (+11), though the Bavarians having a leg up on goals. Both teams lead their domestic leagues, six points ahead of their respective runners-up. In short, it’s going to be a bloodbath on the field.

Paris Saint-Germain and Tottenham Hotspur will also be going head to head at 10pm at the Parc des Princes. PSG, the defending champions and home side, have nine points under their belt in seventh place, whereas the Spurs are in 12th with eight points. A victory for either could send them up the scoreboard.

At the same time, Real Madrid will be paying Olympiacos a visit at the Karaiskakis Stadium. The Meringues have accumulated nine points so far, placing them in ninth. The home side, on the other hand, scraped up just two points from as many draws.

A night at Anfield: Liverpool will be hosting PSV Eindhoven at 10pm, in a crucial match for the home side. The Reds have been struggling in the Premier League, securing only one victory in their last seven matches. Over in the Champions League, Liverpool is currently in 10th with nine points.

Also at 10pm, Atlético Madrid and Inter Milan will be locking horns at the Metropolitano Stadium.Atlético has only seen two victories in their last four matches, and are currently in 20th place with just six points. Inter, on the other hand, are up in third place with a perfect score, and could snatch the lead from Bayern and Arsenal if they stumble.

Other matches on our radar tonight:

  • Copenhagen vs. Kairat Almaty (7:45pm);
  • Pafos vs. Monaco (7:45pm);
  • Eintracht Frankfurt vs. Atalanta (10pm);
  • Sporting CP vs. Club Brugge (10pm).


The Arab Cup playoffs: Tonight also marks the end of the final qualifying matches for the 2025 Arab Cup, set to be hosted in Qatar from 1–18 December. The 16 teams set to play in the group stage will be determined tonight. Yesterday’s results saw Kuwait qualify over Mauritania, Palestine over Libya, and Syria over South Sudan.

The system: The first stage of the Arab Cup will comprise four brackets, each containing four teams. The nine highest-ranked teams — Morocco, Egypt, Algeria, Tunisia, Iraq, Qatar, Saudi Arabia, Jordan, and the UAE — qualified automatically. The next 14 countries are part of a preliminary playoff stage, featuring sudden death matches to qualify the remaining seven for the group stage.

Today’s matches:

  • Bahrain vs. Djibouti (3pm) — The victor will join Group D alongside Algeria and Iraq;
  • Oman vs. Somalia (3pm) — The victor will join Group B alongside Morocco and Saudi Arabia;
  • Yemen vs. Comoros (6pm) — The victor will join Group B alongside Morocco and Saudi Arabia;
  • Lebanon vs. Sudan (6pm) — The victor will join Group D alongside Algeria and Iraq.
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OUT AND ABOUT

Shehab, Mond, and Tommyy energize the Winter Music Festival

MARK YOUR CALENDAR-

🎤 The Winter Music Festival is back for another night at Madinaty’s Open Air Mall on Friday, 28 November. The lineup this time around is full of energy, featuring hip hop talents Mond, Shehab, and Tommyy. You can find tickets on Ticketsmarché.

HAPPENING THIS WEEK-

Soulful vibes are taking over CJC 610 with live performances from Massar Egbari and Nouran Abu Taleb this Wednesday, 26 November. Jam out to the band’s iconic hits and Nouran’s amazing voice. Tickets are available on Cairo Jazz Club’s official website.

What’s buzzing over at Al Horreya Garden? Egypt’s Honey Festival runs from Thursday, 27 November to Sunday, 30 November. The event promises top-quality pure honey, bringing together honey producers, sellers, and buyers. You can register through the form in their Instagram bio.

DJ and producer, queen of the Palestinian techno scene Sama AbdulHadi is taking to the stage at CJC 610 this Thursday, 27 November. Brace yourself for a kick of hardcore techno and a night of energy. Tickets are available on Cairo Jazz Club’s website.

HAPPENING LATER-

The Pyramids Echo Festival is hosting a ‘Gala for Egyptian Stars under the Pyramids’ on Friday, 28 November at the Pyramids Panorama Theater. The special night features some of Egypt’s best performers including Amira and Mariam Abouzahra, Ashraf Seweilam, Gala El Hadidi, Sindy Mohamed, and Ragaa Eldin. You can get your tickets on Tazkarti.

Star singer Angham is lighting it up at the Pyramids on Monday, 1 December for an unforgettable night of her music. The vocal powerhouse is set to perform live at the Pyramids Panorama with an orchestra conducted by Maestro Hany Farahat. You can get your tickets now on Tazkarti.

The Grand Egyptian Museum opening celebrations aren’t over yet — world-renowned cellist Hauser is coming to Egypt for the first time for a live performance on Thursday, 4 December. Don’t miss out on this special night of masterful cello playing. You can get your tickets on Tazkarti.

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GO WITH THE FLOW

What the markets are doing on 26 November 2025

The EGX30 fell 0.9% at today’s close on turnover of EGP 5.7 bn (14.4% above the 90-day average). Local investors were the sole net buyers. The index is up 32.9% YTD.

In the green: Orascom Construction (+1.3%), Credit Agricole (+1.0%), and Telecom Egypt (+0.7%).

In the red: Misr Cement (-7.6%), Orascom Development (-3.2%), and E-finance (-2.9%).


🗓️ NOVEMBER

7-26 November (Friday-Wednesday): Posters for Palestine at Saad the Studio, Maadi.

6-29 November (Thursday-Saturday): Comedy Gang Festival at Theatro Gallery.

11 November - 6 December (Tuesday-Saturday): Forever is Now at the Great Pyramids of Giza.

21-29 November (Friday-Saturday): Cairo Design Week.

24-30 November (Monday-Sunday): Pyramids Echo Festival at the Pyramids Panorama Theater.

26 November (Wednesday): Massar Egbari and Nouran Abu Taleb at CJC 610.

27 November (Thursday): Sama AbulHadi at CJC 610.

27-30 November (Thursday-Sunday): Egypt’s Honey Festival at Al Horreya Garden.

28 November (Friday): Winter Music Festival at Madinaty’s Open Air Mall.

28 November (Friday): Gala for Egyptian Stars at the Pyramids Panorama Theater.

28 November (Friday): IL Monte Galala Adventure Festival by the TriFactory.

DECEMBER

1 December (Monday): Angham at the Pyramids.

4 December (Thursday): Hauser at The Grand Egyptian Museum.

5 December (Friday): Between the Strange and the Prevailing by Dr. Khaled Ghattass at Theatro Arkan.

5 December (Friday): Tul8te at El Malahy Arena.

7-15 December (Sunday-Monday): El Moristan at AUC Falaki Mainstage Theater.

12 December (Friday): Brian McKnight at The Grand Egyptian Museum.

12-13 December (Friday-Saturday): Pyramids Echo Festival encore at New Opera House.

13 December (Saturday): Marakez Pyramids Half Marathon by The TriFactory.

19 December (Friday): DJ Tiësto at the Giza Plateau.

20 December (Saturday): Ibrahim Maalouf at Concert Hall, New Capital.

December: Al Rawi Awards submissions open.

2026

JANUARY

7 January (Wednesday): Coptic Christmas Day.

25 January (Sunday): January 25th Revolution / National Police Day.

30 January (Friday): Cairo Marathon normal registration ends.

FEBRUARY

6 February (Friday): Cairo Marathon at Heliopolis, Merryland Park.

17 February (Tuesday): First day of Ramadan (TBD).

MARCH

20 March (Friday): Eid Al-Fitr (TBD).

APRIL

13 April (Monday): Sham El Nessim.

25 April (Saturday): Sinai Liberation Day.

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