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Is star power enough to mask a decade of recycled ideas?

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WHAT WE’RE TRACKING TONIGHT

State mulls transfer of major companies to Sovereign Fund of Egypt

Good afternoon, ladies and gentlemen, and congratulations on making it to the weekend. It’s been a slow week in the press, and this afternoon is no exception. In today’s issue, we break down the Ramadan season’s commercials and take a look at one of the month’s most polarizing series.

So, when do we eat? Maghrib prayers are at 5:52pm in the capital, and you’ll have until 4:57am tomorrow to hydrate and caffeinate ahead of fajr.

THE BIG STORY TODAY-

📍 The government is mulling the transfer of several major state-owned companies to the Sovereign Fund of Egypt (TSFE), a government source told EnterpriseAM. The move is part of a broader strategy to restructure state-owned companies to boost returns.

Who is involved? The firms include Egypt Aluminum, Mopco (Misr Fertilizers Production Company), Abu Qir Fertilizers, CID Pharmaceuticals, Misr Fertilizers, Zahraa Maadi for Investment and Development, and Heliopolis Housing.

The plan: The source revealed that transferring the firms to the fund would attract higher-value partnerships compared to separate offers for the companies themselves. By centralizing these firms under TSFE, the state aims to secure 50% of their annual revenues, generating up to EGP 20 bn starting with the new budget. These funds would be directed toward reducing public debt and lowering interest payments.

^^ Read the full story and more details in Sunday’s edition of EnterpriseAM.

THE BIG STORY ABROAD-

🌐 Nvidia’s latest earnings report is still making headlines as investor reactions prove lukewarm in the face of better-than-expected results. Despite posting record quarterly revenue of USD 68.1 bn for October-December 2025, the company’s shares finished up only 0.2% higher in extended trading. Investors have been used to solid revenue beats from the company over the last five years, and positive results weren’t enough to push the stock higher or calm fears around the current AI infrastructure boom. The concern lies in how Nvidia can maintain its growth momentum while spending is flowing into AI-related capex.

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

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

  • The IMF Executive Board completed its fifth and sixth reviews of our USD 8 bn Extended Fund Facility (EFF) as well as its first review of our Resilience and Sustainability Facility (RSF), allowing for the immediate disbursement of some USD 2.3 bn — USD 2 bn from the EFF and USD 273 mn from the RSF;
  • Egypt is eyeing a return to the EUR-denominated bond market for the first time in years, with the Finance Ministry weighing a EUR 1 bn issuance in 2Q 2026;
  • Companies that invest in strategic industries, including automotive, appliances and engineering, food, and chemicals, will get a large markdown on their taxes spread over seven years.

☀️ TOMORROW’S WEATHER- Stay warm and — if you can — stay indoors. We’re in for cool, windy weather in the capital tomorrow, with a high of just 20°C and a low of 9°C, according to our favorite weather app.

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PLUG IN

The Ramadan 2026 ad round-up

🌙📺 The Ramadan advertising season has long proven its power and impact on businesses — the presence of major players in this advertising space has become a matter of prestige, reflecting power, scale, and influence on the collective consciousness, transforming campaigns from marketing tools into high-stakes missions that must be effectively executed. The result? Many brands have fallen victim to a Sisyphean trap.

Family, friends, and a whole lot of love… again

As the first Ramadan 2026 ad began playing, we knew we were in for more of the same.

Network providers offered nothing new: In the Orange ad, Amr Diab reunites with his four children — Nour, Kenzi, Jana, and Abdullah — to emphasize the importance of family gatherings during the holy month. Meanwhile, Abla Kamel makes a surprise appearance in Vodafone’s ad, and while the ad succeeds in stirring our emotions, its concept is virtually identical to the network provider’s Awel Mara ad from nine years ago. Etisalat by e& features Tamer Hosny and Palestinian artist Saint Levant with a similar message: family and reunion. Telecom Egypt once again tapped Elissa for their ad, which also underscored how important family gatherings are.

… Neither did the banks: Banque Misr and the National Bank of Egypt offered nothing of note. The former returned to its favorite singer, Mahmoud El Esseily — whose name has become so synonymous with the bank that he’s become somewhat of a meme — singing alongside Bahaa Sultan. The latter employed Tamer Hosny in a song that doesn’t stray far from the recycled concept of family reunions.

The real problem with these ads is that they eventually lose their meaning, leaving viewers confused when trying to link the ad to the brand that produced it. Singing about friendship and family ties might make sense for real estate companies like Al Ahly Sabbour — as they ultimately promote both literal and metaphorical homes — but these messages lose their impact when played on repeat.

Less is more

While most fell victim to repetition, the advertising campaigns for three companies stood out. The reason is clear: they didn’t overthink it.

Wadi Degla hit a home run with Essam Omar — a rising star who represents the brand’s target audience — giving us one of the best ads of the season. The lyrics are simple, capturing the crisis of an entire generation as it transitions from its twenties into more serious life stages. The melody is catchy, and the message is crystal clear: we will be your choice when you grow up and want to buy a new home.

Meanwhile, the campaigns for Remas Land and Obour Land — both directed by Omar Areba — relied on over-the-top drama for satire. The first Remas ad targeted shop owners, with Haitham Shaker singing in grief as the supermarket’s cheese stock ran out, ending with the tagline: “Don't put the supermarket in that position.” The second ad targeted consumers, featuring Jannat, who is shocked when her husband forgot to buy her favorite cheese. She decides to leave the house in a comedic, dramatic escalation that is perfectly justified within its own world. Similarly, Amir Karara adopted an exaggerated persona to defend the idea that “earning a living isn’t bitter” as long as Obour Land is there.

Additionally, the Health Ministry’s healthy eating awareness campaign is a lesson in marketing: With a blend of wit and realism, the ads caught viewers’ attention and went viral despite tackling a difficult topic, disease and food culture in Egypt, particularly during Ramadan.

These ads focused on promoting a product or service with a clear message that consumers can understand and relate to. It is understood that campaigns vary in purpose — from direct promotion to creating a long-term brand persona — but too much of the same thing can feel like taking the easy way out.

While many tire of the familiar, others fall in love with it. This may explain why repetitive anthems eventually become earworms one can’t shake and why prank shows continue to garner high public attention every year. Case in point: to date, Ramez Level El Wash has achieved an 86% viewership rate, according to a survey (pdf) by Ejabat.

(** 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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ON THE TUBE TONIGHT

Sohab Al Ard offers a poignant portrayal of Gaza

📺 The scale of Palestinian suffering continues to unfold before the world’s eyes in Sohab Al Ard. Directed by Peter Mimi, the drama attempts to shed light on life in occupied Gaza — an endeavor that feels both ill-timed in its dramatization and urgently needed in its portrayal of a suffering difficult to comprehend. The series explores an ethical dilemma — should the lived suffering of mns be rendered as scripted drama for audience consumption, even if it’s not inherently meant for entertainment?

Sohab Al Ard is anything but a comfortable watch. Set against the backdrop of the 7 October attacks, the series unfolds in an utterly destroyed Gaza — shots of rubble, abandoned buildings, makeshift tents, and an under-equipped hospital dominate the frame. The story follows Dr. Salma Shawky (Menna Shalaby), who arrives with an Egyptian relief convoy headed toward a Gaza hospital. There, Nasser (Eyad Nassar) and his nephew Younis — the sole survivors of a bombing that destroyed their home — seek help for the critically injured boy.

The narrative is realistic, immersing viewers in the immediacy of the events, despite early fears that it might lean toward stereotypical or hyper-dramatized depictions. The series highlights vulnerable moments that feel almost intrusive to witness, and the emotional weight is palpable. We’re shown understated perspectives, such as Salma carrying the burden of lifting her patients’ spirits while she suffers through her own personal trauma.

The characters are not reduced to emotional spectacle; they often process their emotions quietly and inwardly. Light-hearted moments appear in the show, emphasizing that while these characters reflect real human suffering, their lives are not defined by grief alone — they cope through shared memories, gentle teasing, and the small details of life. Nassar and Tara Abboud (who plays his daughter Karma in the West Bank) deliver standout performances, and the rest of the main cast delivers noteworthy performances as well.

WHERE TO WATCH- The show is streaming on Watch It. You can watch the trailer on YouTube (watch, runtime: 1:59).

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Sports

The footie fixtures on our radar this weekend

We’ve got quite a lot of footie fixtures to look forward to this weekend. These are the major European league matches on our radar for tomorrow:

  • Wolverhampton vs. Aston Villa — Premier League, 10pm;
  • Levante vs. Alavés — La Liga, 10pm;
  • Strasbourg vs. Lens — Ligue 1, 9:45pm.


On Saturday, we’re keeping an eye on high-stakes face-offs in the Egyptian, English, and Spanish leagues:

The Nile League: Al Ahly faces Zed FC at 9:30pm. The Red Devils (36 points) have their sights set on a three-point victory to reclaim the top spot — currently held by Zamalek (37 points) following their 2-1 W over Zed. The match will air on ON Sport 1.

Also in the Nile League at 9:30pm:

  • Ismaily vs. El Gouna;
  • Tala’ea El Gaish vs. Haras El Hodoud;
  • Wadi Degla vs. Ceramica Cleopatra.


A Super Saturday in the Premier League:

  • Bournemouth vs. Sunderland — 2:30pm, beIN Sports 1;
  • Liverpool vs. West Ham United — 5pm, beIN Sports 1;
  • Burnley vs. Brentford — 5pm, beIN Sports 4;
  • Leeds United vs. Manchester City — 7:30pm, beIN Sports 1.

Over in La Liga:

  • Barcelona vs. Villarreal — 5:15pm, beIN Sports 2;
  • Real Oviedo vs. Atlético Madrid — 10pm, beIN Sports 2.


🏀 The African Qualifiers for the 2027 FIBA Basketball World Cup kick off today. The tournament is hosted at the Borg El Arab Hall in Alexandria from 26 February to 1 March. The Pharaohs are set to play against Mali tonight at 9pm.

This publication is proudly sponsored by

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Mark Your Calendar

Experience Shakira live at the Pyramids this April

🎤 Global icon Shakira is landing in Egypt on Tuesday, 7 April for a live performance at the Great Pyramids of Giza. The concert is part of her ongoing world tour and is expected to be unforgettable. You can get your tickets now on TicketEgypt.

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GO WITH THE FLOW

What the markets are doing on 26 February 2026

The EGX30 rose 0.4% at today’s close on turnover of EGP 6.3 bn (0.9% below the 90-day average). Regional investors were the sole net buyers. The index is up 17.7% YTD.

In the green: Orascom Construction(+5.3%), Egypt Aluminum (+4.2%), and Raya Holding (+3.6%).

In the red: Eastern Company (-4.2%), Qalaa Holdings (-2.2%), and Emaar Misr (-1.4%).


🗓️ 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.

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

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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