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How to navigate a career change

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WHAT WE’RE TRACKING TONIGHT

FinMin targets deficit reduction in latest budget draft

Good afternoon, ladies and gentlemen, and welcome back. It’s a relatively calm afternoon at home, but the same can’t be said for the global press. In today’s issue, we take a look at how you can successfully navigate a career switch, recommend your next Ramadan podcast, and list the footie fixtures we’ll be watching tonight.

So, when do we eat? Maghrib prayers are at 5:50pm in the capital, and you’ll have until 5:00am tomorrow to hydrate and caffeinate ahead of fajr.

THE BIG STORY TODAY-

📍 First insights into the new budget: Egypt’s draft FY 2026-27 budget is being finalized ahead of its March submission deadline and is set to anchor the next phase of economic reform by narrowing the deficit and boosting revenues while containing spending growth, government sources told EnterpriseAM.

Revenues are projected to exceed EGP 3.5 tn — driven mainly by higher tax and customs receipts expected to reach EGP 2.8 tn — supported by tax-base expansion, VAT amendments, and competitive-neutrality measures that previously generated EGP 68 bn for the treasury. The Finance Ministry is also targeting exceptional inflows from licenses and divestments while tightening oversight of special funds.

Spending growth will slow as energy subsidies are phased down — except for diesel and butane — alongside a gradual shift toward targeted monetary support, including higher allocations for Takaful and Karama. Officials are aiming for a deficit of 4.9%, down from 7.3% this year, though sources expect the final figure may come in slightly higher while remaining below current levels.

^^ Read more details on this story in tomorrow’s edition of EnterpriseAM.

THE BIG STORY ABROAD-

🌐 Three days after the Supreme Court declared US President Donald Trump’s tariffs illegal, the US Customs and Border Protection agency said it will stop collecting tariffs imposed under the International Emergency Economic Powers Act. European officials warned the tariff hike would put EU-US trade agreements from last year at risk. The European Commission — the trade policy negotiator for 27 EU member states — demanded that the White House give “full clarity” on the practical implications of the new tariff policy for their respective trade pacts. The UK currently faces trade-weighted tariffs that are 2.1% higher, while the EU sees a 0.8-point increase.

Tariff-imposed global uncertainty has led the USD to drop 0.3% against its peers in early Monday trading, while gold prices rose 0.6%. BTC dropped by as much as 5% to below USD 65k this morning. Tech stocks were the most affected, sliding 0.9% in sub-index tracking.

^^Read more on Reuters, the Financial Times, and CNBC here and here.

MEANWHILE- Following the killing of Mexican drug lord Nemesio Oseguara — aka El Mencho — in a military raid on Sunday, violent protests erupted across Mexico, with 250 blockades reported in 20 states. The White House revealed that the US provided intelligence support for the operation.

^^Read more on CNN and Reuters.

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

  • The gov’t is moving to offload the management, operation, and service efficiency upgrades of 62 healthcare projects to the private sector as it seeks to shift from state-led construction to private-led operation;
  • HSBC Egypt isn’t going anywhere, with the bank stating that it remains committed to Om El Donia for the long term even as it deliberates the fate of its retail business here;
  • The Parliament is moving to exempt healthcare facilities, universities, and research centers from nuclear regulatory fee hikes. This comes as Egypt advances the Dabaa nuclear power plant project.

TOMORROW’S WEATHER- We’re in for more of the same on the weather front in Cairo tomorrow, with a high of 20°C and a low of 10°C, according to our favorite weather app.

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THE ENTERPRISE GUIDE

Everything you need to know before pivoting to a new career

💼🏃 Career transitions are successfully navigated by countless professionals every year. If you’re considering a new professional path — whether it’s due to feeling stagnant in your current role, responding to industry shifts, or pursuing a long-held passion — reskilling is an essential bridge to your next chapter.

Pinpoint your motive

Smart career changes begin with clarity about “why” before tackling the “how.”

#1- Self assess: Start with honest self-evaluation. Take time to map your interests, values, and transferable strengths. While formal career assessment tools can provide structure to this process, even thoughtful journaling about what drives you in your current work can reveal insightful patterns that can inform your future career path.

#2- Market research: Savvy career pivots are informed by data. Explore not only current demand but also futuregrowthprojections for your target field. Use salary comparison tools like Glassdoor, PayScale, and industry-specific surveys to understand compensation ranges by geography and experience level.

#3- Reality check: The most underutilized yet powerful strategy could be simply having a coffee with people in your network who are already doing your dream job. These conversations can reveal the out-of-sight realities of a position — challenges, satisfactions, and day-to-day experiences that job descriptions rarely capture.

Identify the skill gap

#1- Required vs. desired skills: Many recruiters have admitted that job descriptions often serve as wishlists, not strictprerequisites. Analysis of job postings reveals patterns of truly essential qualifications versus “nice-to-haves.” Hiring managers typically select candidates who demonstrate core competencies and show learning potential for the rest. Compare job descriptions for your target role across different companies and note the repeated requirements across listings — focusing on the most frequently mentioned skills will likely make you stand out as a candidate.

#2- Take inventory of your transferable skills: Every career history contains hidden assets — articulating how your existing skills translate to new contexts will show you and your target employer that you aren’t starting from scratch. Project management experience, data analysis skills, client relationship management, and public speaking are examples of skills that haveinherent value across industries and could be your competitive advantage.

#3- Skill prioritization: You will need to learn new skills to adapt to your target career. After identifying them, create a learning hierarchy based on the impact of the skill on employability and the difficulty of acquiring it. You might want to prioritize high-impact/low-difficulty skills first before tackling more challenging ones.

Create a learning strategy

#1- Formal vs. informal education: Some doors open only with specific credentials, while others swing wide for demonstrated ability. Technical fields like healthcare or engineering require formalized training, while creative or entrepreneurial domains often value portfolio evidence over degrees. Understanding which approach your target field values can prevent a costly misdirection of resources.

#2- Learn your learning options: Today’s learning landscape offers unprecedented flexibility. Traditional degrees and certifications are a higher investment, but earn broader recognition. Bootcamps and intensive programs offer accelerated learning, and are considered supporting resources to a career. Online courses and MOOCs like Coursera, LinkedIn Learning, Udacity, and EDX are cost-effective and self-paced. Apprenticeship programs or internships are hands-on and relationship-building, but are hard to come by and usually unsuitable for seasoned professionals. The optimal choice depends on your learning style, financial situation, timeline, and industry expectations.

Building practical experience

#1- Project-based learning: Learning to show rather than tell kills two birds with one stone. Self-initiated projects that help you hone your skills can also be demonstrable portfolio padding that answers the question “Can you actually do this?” before it’s even asked. Platforms like GitHub for coding, Behance for design, or Medium for writing can help you learn and showcase your skills.

#2- Volunteer: Nonprofits and community organizations typically welcome skilled assistance, and provide low-pressure environments to build confidence. These experiences also offer the dual benefit of skill application and mission-driven work that can enrich your job application.

#3- Internships and work shadowing: While often associated with early career stages, not only can these experiences be remarkably effective for career changes, but showing a willingness to start fresh to gain practical knowledge could be an attractive quality on your job application and help you build a new network.

Financial planning for the transition

#1- Transition budget: Developing a comprehensive financial roadmap that anticipates both expected and unexpected costs will give you the time and resources you need to dedicate yourself to your career change. Most career changes involve some sort of combination of education expenses, potential income fluctuations, and extended job search timelines. A financial buffer will prevent the pressure to accept sub-optimal windows out of necessity.

#2- Parallel paths: Successful career pivots happen incrementally rather than through abrupt jumps. Maintaining financial stability through continued employment while developing skills on a parallel track reduces stress and allows for strategic timing of your full transition. Instead of viewing your career change as a cliff-jump, turn it into a carefully planned bridge. You might be able to negotiate with your current employer for flexible arrangements to create dedicated learning time.

#3- Realistic time expectations: Employment data suggests that meaningful career transitions rarely happen overnight — comprehensive career pivots typically unfold over 1-2 years or sometimes longer, depending on the distance between fields. Understanding this reality from the outset can prevent discouragement during inevitable plateaus.

Craft your career change narrative

How you frame your transition often determines how hiring managers view your decision.

#1- Résumé restructuring: Recruitment experts recommend shifting from chronological presentations on your CV to a skill-based organization model. Highlighting relevant projects, capabilities, and achievements will turn the fundamental question from “Have you done this exact job before?” to “Can you do this job?” Tailoring your résumé to the specific role or company you’re applying to by adding a relevant skills and projects field about your work history will give recruiters the important information they need upfront instead of them having to dig for it.

#2- Story development: Employers will be naturally curious about career transitions. Crafting a coherent, positive narrative that connects your past work to your desired future career demonstrates self-awareness and intentionality. Highlighting how your tangential background can actually create differentiated value can give you a competitive advantage instead of undervaluing a non-conventional path.

#3- Addressing concerns proactively: Employers may have unstated concerns about career changes, including a learning curve, commitment, and fit. Anticipate and address these questions before they become objections. Preparation with evidence-based responses transforms potential negatives into demonstrations of thoroughness and professionalism.

(** 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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Ears to the Ground

On grief and spirituality in Ramadan

👂 Digital platforms during Ramadan are often crowded with fatwas and rulings, but Ramadan Reflections offers a space that moves beyond the traditional sermon. The podcast reconstructs the listener’s relationship with the Holy Month by engaging with human and profound perspectives. In four episodes, Ramadan Reflections poses difficult, relevant questions and offers a distinctive auditory experience that flies by in a single sitting.

The podcast launched in March 2023 with an episode dedicated to those experiencing Ramadan with heavy hearts. In it, American author and psychology specialist Yasmin Mogahed speaks about the meaning of loss and how those who have lost loved ones can navigate grief during Ramadan. The episode links contemporary anxiety and spirituality, reinterpreting religious texts as tools for understanding and reflecting on one’s feelings.

Ramadan Reflections goes beyond providing instructions. It seeks to deconstruct the spiritual experience through daily reflections that address human fragility, posing candid questions about spiritual burnout, guilt, and the search for meaning during moments of self-doubt.

The podcast doesn’t promise a life-changing experience. Instead, it wagers on the idea of incremental growth, discussing several thorny topics, including shortcomings in worship, feelings of emptiness, and recovery from loss.

WHERE TO LISTEN- You can tune in on Apple Podcasts.

This publication is proudly sponsored by

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Sports

The Red Devils take on Smouha tonight

Al Ahly is preparing to face Smouha at the Borg El Arab Stadium in Alexandria tonight as part of the Egyptian Premier League’s Matchweek 19 fixtures. If the Red Devils — currently in fourth place and tied on 34 points with Zamalek and Pyramids — secure victory, they’ll climb their way up to the top, dethroning Ceramica Cleopatra.

The match kicks off at 9:30pm and will be broadcast on ON Sport 1.

Other Egyptian Premier League fixtures on our radar:

  • Kahraba Ismailia vs. Tala’ea El Gaish — 9:30pm;
  • El Gouna vs. Al Mokawloon Al Arab — 9:30pm.


In the English Premier League, we’ll watch as Manchester United and Everton go head-to-head in tonight’s Matchweek 27 fixture. Man United, currently tied with Chelsea on 45 points, is looking to secure all three points to move into fourth place. The match kicks off at 10pm and will be broadcast on beIN Sports 1.

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Mark Your Calendar

A charitable suhoor night with a performance by Angham

🎤 Angham is taking the stage at the GEM’s Al Mashrafia Tent on Tuesday, 3 March, alongside Hisham Kharma and maestro Hany Farhat for a special evening hosted by Ahl Masr Burn Hospital, dedicated to expanding its critical burn care services. The night will also feature a refined suhoor experience and an art and collectibles auction. Tickets are available on Ticketsmarché.

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GO WITH THE FLOW

What the markets are doing on 23 February 2026

The EGX30 rose 2.6% at today’s close on turnover of EGP 5.7 bn (8.6% below the 90-day average). Local investors were the sole net sellers. The index is up 21.6% YTD.

In the green: Rameda (+9.5%), Heliopolis Housing (+9.5%), and Raya Holding (+6.8%).


🗓️ FEBRUARY

24 February – 14 March (Tuesday-Saturday): Ramadan Premium Market at the Arena, Cairo West.

27-28 February (Friday-Saturday): Ramadan on the Farm at Hazel Farm.

28 February – 11 March (Saturday-Wednesday): Qahrawya Iftours.

MARCH

3 March (Tuesday): Angham at Al Mashrafia Tent, the Grand Egyptian Museum.

6 March (Friday): The Women’s Night 5K Race with Cairo Runners at Promenade, New Cairo.

6 March (Friday): Wust El Balad at Gomhouria Theatre, Downtown.

21 March (Saturday): Eid Al-Fitr.

27 March (Friday): Wegz at the PUBG Mobile anniversary carnival, the Great Pyramids of Giza.

APRIL

2 April (Thursday): Hany Shaker at Theatro Arkan.

13 April (Monday): Sham El Nessim.

25 April (Saturday): Sinai Liberation Day.

MAY

1 May (Friday): Labor Day.

26 May (Tuesday): Arafat’s Day.

26 May (Tuesday): Andrea Bocelli at the City of Arts and Culture in the New Administrative Capital.

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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