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Monday, 2 Jun 2025

What We’re Tracking Tonight
For Your Commute
Ears To The Ground
Out And About
Go With The Flow
The Enterprise Entertainment Calendar

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Shaping the future of education in Egypt

Today at a glance

1

The Big Story Today

A USD 500 mn baby formula factory?
2

FOR YOUR COMMUTE

The new business curriculAI.
3

Ears to the Ground

Not your therapist’s podcast.
4

OUT AND ABOUT

Chillin’ in Cairo this Eid.

Monday, 2 Jun 2025

What We’re Tracking Tonight
For Your Commute
Ears To The Ground
Out And About
Go With The Flow
The Enterprise Entertainment Calendar
1

WHAT WE’RE TRACKING TONIGHT

A USD 500 mn baby formula factory?

Good afternoon, friends. The pre-Eid lull seems to be holding as the news cycle anticipates the long (and very warm) weekend.

THE BIG STORY TODAY-

Efforts to localize infant formula production are getting serious: The state-owned Mostakbal Misr Agency for Sustainable Development is gearing up to build a USD 500 mn baby formula factory in partnership with the private sector, Asharq Business reports, citing the agency’s spokesperson Khaled Salah. The move aims to slash imports of the commodity — which currently stand at around USD 1 bn annually — and follows recent calls by President Abdel Fattah El Sisi to establish a domestic factory to address “unreasonable” import levels.

The game plan: The factory, which is set to come online in early 2027, will meet around 50% of local market demand with 40-45 mn packages in its first phase before scaling up to fulfill all domestic needs.

Beltone Leasing and Factoring inaugurates SCZone branch: Beltone Holding’s Beltone Leasing and Factoring has inaugurated a branch in the Suez Canal Economic Zone’s Sokhna Industrial Zone, according to a press release (pdf). The move “is part of SCZone’s broader strategy to establish an integrated financial infrastructure that keeps pace with the growing needs of industrial and logistics activities,” SCZone head Walid Gamal El Din said.

A first: “We are proud to be the first leasing and factoring company to begin operations within the SCZone to finance investors. This step opens new avenues for financing industrial projects and strategic export activities, thereby contributing to economic development and supporting national growth objectives,” Beltone Holding’s Deputy Head of NBFIs for Leasing, Factoring, and Consumer Finance Amir Ghannam said.

THE BIG STORY ABROAD-

Poland elects new president: Nationalist Karol Nawrocki has won the presidency with a razor-thin 50.89% lead over pro-EU Warsaw mayor Rafał Trzaskowski. The result is a blow to PM Donald Tusk’s reform agenda and sets the stage for renewed political gridlock, with Nawrocki expected to veto liberal policies and take a harder line on EU ties. (Reuters | BBC | AP)

ALSO MAKING HEADLINES- One man attacked a pro-Israel rally in Colorado yesterday, while shouting “Free Palestine.” Eight people between the ages of 52 and 88 were hospitalized with burn injuries following the attack, which the FBI is treating the assault as a potential act of domestic terrorism. The rally was part of ongoing weekly demonstrations calling for the release of Israeli hostages. (New York Times | Reuters | AP)

☀️ TOMORROW’S WEATHER- We’ll be seeing stable weather tomorrow, with the mercury set to mimic today’s peak of 31°C throughout the day and cool to 20°C at night, according to our favorite weather app.

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2

FOR YOUR COMMUTE

The new business curriculAI

Welcome to the age of h(AI)gher education. With up to 70% of all skills utilized in jobs today set to change by 2030, according to Linkedin’s 2025 Work Change Report (pdf) because of AI advancements, many employees are at risk of redundancy — they can either adapt, or fall behind. As many begin familiarizing themselves with AI tools in an attempt to hold steady onto a constantly shifting career ladder swayed by the winds of AI advancement, business schools all around the world are taking note, integrating AI into their curricula, according to the Financial Times.

Approximately 80% of business schools surveyed globally had integrated AI into their teaching by 4Q 2024 in some form or another, FT reported, citing a recent report (pdf) by the Graduate Management Admission Council (GMAC). The annual report — covering 300 business schools across 40 countries, and focused on the latest trends impacting graduate programs — also notes that up to 40% of prospective business students say AI is essential to their ideal curriculum. And they seem to be on the right track, seeing as the ability to leverage AI appears to be among the top three skills that will grow more important over the next five years, according to GMAC survey of corporate recruiters (pdf).

So how exactly is AI being integrated into business curricula? The most popular form of AI integration was the exploration of its role in society and business ethics, with a narrow majority of 44%. This is followed by courses that focus on the use of AI in business decision-making processes at 43%, integrating AI in hands-on experiences such as business simulations at 42%, with training in prompt-writing and utilizing AI in day-to-day tasks — perhaps surprisingly — being the least popular method in which AI has been integrated, at a relatively low 23%.

It’s not just about the tools. As noted by the survey, the programs in which AI is integrated seem to focus less on mastering AI tools or delegating tasks to AI, and more on navigating its uses. FT writes that these programs seem to be designed to “produce strategically fluent leaders,” and “[combine] digital fluency with a human-centric perspective,” quoting academic professionals from business schools across the world.

These schools are on the right track. FT’s interviewees all reached a general consensus — the role of education now and in the future is to set up young professionals with the ability to work hand-in-hand with artificial intelligence, rather than blindly delegate and offload. This is in line with figures published in the World Economic Forum’s Future of Jobs 2025 report (pdf), which estimated that — globally — one third of all tasks will be performed by technology, and one third by human-machine collaboration by 2030.

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3

Ears to the Ground

Not your therapist’s podcast

? Diving deep into the shadows of mental health: Bad Therapist, co-hosted by psychotherapist Ash Compton and journalist Rachel Monroe, is a provocative podcast that scrutinizes the underbelly of the mental health industry. Launched in November 2024, the show delves into two centuries of questionable practices, from 19th century hypnotists to contemporary therapy influencers, offering a critical lens on the evolution and commodification of some of our deeply instilled psychological concepts.

A standout episode revisits the origins and evolution of “emotional labor,” unpacking how a sociological term coined in the 1980s to describe the commercialization of feeling — particularly in service jobs — has since been stretched to cover everything from marriage maintenance to memeified therapy-speak. The hosts argue that while the term has helped surface hidden forms of labor, its overuse risks obscuring power dynamics and turning therapy language into a tool for deflection rather than accountability.

The bunch definitely have interesting insights on other concepts warped by pop psychology, from the bizarre, fanfiction-adjacent origins of the Myers-Briggs test to the rise of therapy-speak as a cultural shorthand for conflict avoidance. Whether they’re unpacking how Carl Jung’s legacy got rebranded into workplace personality quizzes or critiquing celebrity therapists-turned-manipulators, Ash and Rachel bring a mix of irreverence and rigor to topics that usually get flattened into hashtags.

WHERE TO LISTEN- You can find Bad Therapist on Apple Podcasts, and Spotify.

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4

OUT AND ABOUT

Chillin’ in Cairo this Eid

MARK YOUR CALENDAR-

?️ Spending Eid in Cairo? CJC 610 has quite the special night planned for you. On Saturday, 7 June, the nightlife hotspot west of Cairo will be hosting Egyptian band Black Theama, who’ll be bringing the jazz, the soul, and the Nubian rhythms. Joining them is Egyptian soft rock band Wust El Balad — led by actor and musician Hany Adel. Sounds like a night well spent? We’d agree — you can get your tickets from the official CJC website.

HAPPENING THIS WEEK-

Life may sometimes feel like a joke, and Alaa El Sheikh always knows when to deliver its punchlines. On Tuesday, 3 June, El Sheikh will be joined by Mahmoud El Naggar, Ahmed Hassan, and Kamtcho at CJC 610 as they take to the stage to turn life’s sour lemons into uncensored comedic lemonade — and no joke is off limits. If you’re ready to roll on the floor laughing, roll your way to CJC's official website.

Are your dancing boots burnin’ up? On Friday, 6 June, CJC 610 will be taking us back in time with a nostalgic medley of our favorite noughties hits with a “Y2K: Dance Fever” throwback night. Curating the tracklist are none other than Waley and Bubblegum Kollectiv. You can secure your spot through CJC’s official website.

HAPPENING LATER-

Got a few laughs stuck inside that just can’t seem to find their way out? Mohamed Helmy’s The Crowd Gigs show might just help. Performing at Theatro Arkan on Wednesday, 11 June, the Egyptian stand-up comedian won’t be holding back on the jokes — and we’d suggest being ready for some back and forth, this is an interactive show. You can grab your tickets from Ticketsmarché.

Swedish beats take on Sharm El Sheikh. Norrköping-hailing DJ and producer Vidojean — one-half of the duo Vidojean X Oliver Loenn — will be firing it up at Sharm’s Space on Thursday, 12 June. Put on your most comfortable shoes, because you’ll likely be dancing all through the night. Tickets can be found on Space Sharm’s official website.

Don’t call it a comeback. It’s more like a ‘owda. On Friday, 13 June, beloved Egyptian artist Hamid El Shari will be joining forces with veteran DJ Andy Cheiko at CJC 610 as part of the club’s Ma Yatloboho El Mostami3oon series. You can book your spot through CJC’s official website.

World-famous ventriloquist Jeff Dunham is bringing his puppets to Egypt this June. Performing live in Cairo for the very first time, the American comedian, actor, and host of the Jeff Dunham show will be playing puppet-master as he orchestrates a comedic showcase under the theme of Artificial Intelligence, stringing along his comical cast of characters at the Drama Hall in the New Capital’s Arts and Culture city on Thursday, 26 June. You can grab your tickets from Ticketsmarché — and don’t worry, you won’t have to pull any strings to get in.

The Cairokee Empire rises once more, this time at the Cairo International Stadium. On Saturday, 28 June, the band promises over a decade’s worth of iconic music at the largest venue in Africa. You can grab your tickets through Tazkarti.

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5

GO WITH THE FLOW

What are the markets doing on 2 June 2025

The EGX30 fell 0.5% at today’s close on turnover of EGP 3.7 bn (21.8% below the 90-day average). International investors were the sole net buyers. The index is up 8.7% YTD.

In the green: Orascom Construction (+4.0%), ADIB (+3.5%), and Egyptalum (+3.0%).

In the red: Orascom Development (-3.2%), Emaar Misr (-3.0%), and GB Corp (-2.9%).

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THE ENTERPRISE ENTERTAINMENT CALENDAR

JUNE

2 June (Monday): Karaoke Night at CJC 610.

3 June (Tuesday): Alaa El Sheikh Comedy Night at CJC 610.

6 June (Friday): 50 Years of AC/DC concert.

6 June (Friday): Orijins at New Administrative Capital.

6 June (Friday): Y2K: Dance Fever at CJC 610.

7 June (Saturday): Funkside at Cook’s Club El Gouna.

7 June (Saturday): Black Theama and Wust El Balad at CJC 610.

8 June (Sunday): Hisham Abbas at La Hacienda.

7-8 June (Saturday-Sunday): Makadi Heights Music Festival at The Haus, Makadi Heights.

11 June (Wednesday): The Crowd Gigs at Theatro Arkan.

12 June (Thursday): Vidojean at Space Sharm.

13 June (Friday): Hamid El Shari at CJC 610.

20 June (Friday): Tablet el Sitt at El-Sawy Culturewheel.

26 June (Thursday): Jeff Dunham at the New Capital’s Drama Hall.

26 June (Thursday): Lena Chamamyan at Theatro Arkan.

27 June (Friday): Medhat Saleh at Cairo Opera House.

28 June (Saturday): Cairokee Empire concert at Cairo International Stadium.

JULY

4 July (Friday): Amr Diab, Monolinkand WhoMadeWho at Sol Beach Marassi.

19 July - 30 September (Saturday - Tuesday): Art Space at New Alamein.

AUGUST

6-30 August (Wednesday - Saturday): Egypt Sculpture Symposium at New Alamein.

8 August (Friday): &ME at Sol Beach.

OCTOBER

16-24 October (Thursday-Friday): Gouna Film Festival.

30 October - 22 November (Thursday-Saturday): Forever is Now at the Great Pyramids of Giza.

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