Planning a retreat that actually works

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WHAT WE’RE TRACKING TONIGHT

Houthis claim drone strike on Aramco refinery in Saudi Arabia

Good afternoon, friends, and welcome to the start of a fresh, new workweek. If you manage a team and have ever sat through a company retreat that produced nothing but a group photo and a shared playlist, today’s edition of The Enterprise Guide is for you. We’ve also got a podcast recommendation for anyone following US politics from a distance — the kind that goes one layer deeper than the headlines.

Up first, the news…

THE BIG STORY ABROAD-

🌐 It’s a busy start to the week on the global newsfront — here’s the rundown: Yemen’s Iran-backed Houthis claimed a drone strike on an Aramco refinery in the southwestern Saudi city of Jazan earlier today, with Saudi Arabia’s Energy Ministry confirming a fire at the facilities. No casualties were recorded. The Houthis said the attack was retaliation for Saudi drone incursions into Yemen’s Hajjah and Saada provinces. In a separate strike, the Iran-backed group also targeted the Mocha port on the Red Sea, one of the main commercial points under Yemen’s internationally recognized government.

^^Read more on: AP News, CNN, Reuters, and NPR.

The latest developments surrounding the US-Iran standoff also continue to dominate the news. Tehran laid out concession demands for the US, including Washington ending its naval blockade and sanctions, withdrawing regional troops, paying war reparations, and unfreezing Iranian assets, stating that the strait would remain closed until the US “corrects its behavior.”

^^Read more on: CNBC, CNN, and The Guardian.

IN THE BUSINESS PRESS- European stock-exchange-traded funds saw positive net flows for the first time in July since the US-Iran war broke out in February, with companies expected to deliver 22% y-o-y earnings growth in 2Q, marking their strongest growth since the post-Covid rebound in 2022. This comes as investors turn their attention back to European equities amid volatile global tech stocks, as earnings season delivers strong results and oil prices retreat.

^^Read more on: The Financial Times.

IN OTHER NEWS- FIFA President Gianni Infantino is facing scrutiny over an alleged report that a woman received a six-figure severance payment following an affair with him while he was general secretary of the Union of European Football Associations (UEFA). UEFA confirmed the payout, while Infantino strongly denied the allegation. FIFA has pushed back against the claims, describing them as part of a “concerted and ongoing effort” to “undermine” the organization and its president.

^^Read more on: BBC and CNN.

AND- Look what you made her do. Pop icon and b’naire Taylor Swift has axed her songs from official White House posts on social media. Swift joins a number of global stars — including Ariana Grande and Sabrina Carpenter — in removing their songs from Trump’s campaigns.

^^Read more on: Reuters and ABC.


The EnterpriseAM Egypt Forum is back — and we’re devoting the full day to the singular set of questions on everyone’s mind: What does AI actually mean for your company, your people, your economy, your own job — and your kids’ future?

Every session on stage answers one question: “So, what do I actually do about it?”

Join us on 5 October in Cairo. Seats are limited and attendance is by invitation only.

Request your invitation here.


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

  • The government has locked in its industrial land pricing and allocation roadmap through June 2027, extending a policy framework that ties state asset facilitation to operational timelines. The new governorate-specific tariff schedule applies to all industrial contracts signed between 1 July 2026 and 30 June 2027, though the government has yet to publish the price schedule;
  • The Financial Regulatory Authority loosened the foreign-currency financing rules it introduced last year, widening the scope of transactions that leasing and SME-finance companies can fund in foreign currency. Under the new rules, this mechanism can be utilized if the proceeds are channeled directly to funding imports, purchasing assets, or settling existing foreign-currency obligations linked to the client’s business;
  • Foreign investors have net sold Egyptian equities in five of the first six months of 2026, and local institutions have absorbed nearly every part of it, keeping the EGX30 green in four of those six months. Over 1H, foreign and regional investors combined offloaded roughly EGP 19.7 bn in EGX-listed stocks, with local institutions and individuals posting net purchases of EGP 19.7 bn;
  • The government is preparing to launch a USD-denominated investment fund for Egyptians abroad next year, looking to channel record-breaking remittance inflows into a wider menu of investable assets. The fund was announced during the seventh Egyptians Abroad Conference, where the government rolled out a wider package of financial, digital, consular, healthcare, and payment services for the diaspora.

Destination Sahel Issue III drops this week, and we’re diving into how the North Coast is adapting to a changing market.

Developers are recalibrating as buyer behavior shifts, luxury retail is carving out a bigger piece of Sahel’s economy, and the wellness and sports scene has become a summer destination on its own.

In this issue, we get into what’s actually changing on the ground, from how developers are adjusting their pitch to where to shop and how to stay active this season.

Coming straight to your inbox on Wednesday, 12 August.


☀️ TOMORROW’S WEATHER- Heads up folks, Cairo’s turning the heat up once more this week, with tomorrow’s high set at a scorching 39°C, and a low of 27°C. Meanwhile up north, it’s much nicer with a high of 32°C, and a low of 23°C, according to our favorite weather app.

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THE ENTERPRISE GUIDE

Egypt’s best corporate retreat destinations, organized by what your team actually needs

🏕️💼 Most corporate retreats fail before anyone books a flight. Not because the venue is wrong or the budget is too small, but because the purpose was never defined clearly enough to survive contact with an actual itinerary. A vague mandate — “team-building,” “creative reset,” “alignment” — produces a company-funded vacation at best and two days of awkward structured fun at worst.

The stakes of getting it right are higher than they’ve ever been. Global employee engagement fell to 20% in 2025, representing nearly USD 10 tn in lost productivity, according to Gallup’s State of the Global Workplace report — and the remote and hybrid work models that accelerated across Egypt’s professional class since 2020 have quietly dismantled the informal infrastructure that used to hold teams together: the hallway conversation, the lunch after a difficult meeting, the unplanned exchange between a junior hire and a senior leader that builds the relational equity no Zoom call replicates.

Face-to-face communication is 34 times more effective than its virtual equivalent — which is why the global corporate retreats market, valued at USD 31.8 bn in 2024, is projected to nearly double to USD 73.7 bn by 2034, according to a report by UK rental agency Party Houses.

The business case for a well-run retreat is well-documented. Research drawing on work from Harvard, Gallup, Deloitte, and Gartner found a 26% increase in employee productivity following off-site retreats. Separately, Deloitte reports that organizations cultivating adaptive, connected cultures are 2.4 times more likely to produce better financial results

… But none of that ROI materializes without a clear purpose driving the design. The question before the venue search is simpler and harder than it sounds: what does your team actually need right now? A team missing basic rapport needs something different from a team that collaborates well but is creatively burning out. A leadership group navigating a strategic inflection point needs a different structure from one that simply hasn’t been in the same room in 18 months. Getting that diagnosis right is what separates a retreat that changes something from one that produces a group photo and a shared playlist.

In today’s edition of The Enterprise Guide, we’ve mapped Egypt’s best retreat destinations across three categories — short resets within two hours of Cairo, immersive creative environments for teams that need deeper inspiration, and full off-grid disconnection for the ones who need to go further.

48-hour team-building getaways

Corporate retreats are usually short and sweet, so opting for a close location means less logistical friction and overall more energy for traveling teams. Fayoum is an ideal destination — only a two-hour drive from the city, while offering a complete change of scenery.

#1- Lazib Inn: Fayoum’s most in-demand boutique hotel, Lazib Inn is a stunning spot right in the heart of Tunis Village — a tranquil oasis with only 20 luxury suites, green landscapes, and a perfect low-density atmosphere. The boutique hotel famously features dedicated meeting spaces, on top of private dining and its own spa. A quick corporate reset with chances to be both relaxing and productive.

HOW TO BOOK- You can book your stay through their website or via Booking.


#2- Tzila Lodge: Tzila Lodge is one of Fayoum’s standout getaway spots. The ecolodge cultivates an atmosphere of serenity and exclusivity and embraces locally inspired, minimal design with a sense of calm that immediately puts guests at ease. Best suited for smaller groups, its in-house restaurant and outdoor seating areas provide the ideal setting for relaxed group conversations, brainstorming sessions, and light activities. For teams looking for a little more action, Tzila also offers itineraries featuring nearby activities such as boat riding, pottery making, and other local activities.

HOW TO BOOK- You can book your stay through their website or via Booking.


Creative huddles

Sometimes teams need more than a short getaway, especially when they’re deep into a demanding project. If your team has hit a creative rut and you’re hoping to reignite fresh ideas, these destinations provide the inspiration and natural immersion needed to find inspiration outside the city…

#1- Remal El Rayan: What’s more refreshing than glamping? Tucked away in the desert of Fayoum’s Wadi El Rayan, Egypt’s first-ever glamping destination Remal El Rayan combines the thrill of camping with the comforts of luxury hospitality. Its glamorous high-design dome camp experience is one-of-a-kind — completely private in the open desert where skies are crystal clear and light pollution is non-existent, the kind of low stimulation that’s perfect for an intensive creative session.

HOW TO BOOK- Details on how to book your stay are available on their website.


#2- La Maison Bleue: Tucked away on the Red Sea in El Gouna, luxury boutique hotel La Maison Bleue sits apart from the town’s livelier spots, creating an intimate retreat setting. With only 13 suites, it’s easy for smaller teams to take over the property, offering the privacy needed to gather, exchange ideas, and get creative without distractions. It’s well worth the nearly five-hour drive — or, if the budget allows, a quick flight into El Gouna’s nearby airport.

HOW TO BOOK- You can book your stay via Booking.


#3- The Chedi: Another Red Sea oasis, The Chedi is one of El Gouna’s most-sought after luxury resorts. The property features fully-equipped event spaces, gourmet restaurants, a spa, and direct beachfront access. Its refined and elegant atmosphere creates the perfect environment for fresh ideas and creative thinking to flourish.

HOW TO BOOK- You can book your stay through their website or via Booking.


#4- Basata Ecolodge: Egypt’s first ecolodge, located in South Sinai, Basata Ecolodge offers a true off-grid escape. Forget luxury amenities and constant connectivity, the lodge embraces a deliberately low-tech, minimalist experience designed to slow you down. It’s anything but a traditional corporate retreat venue, but for teams in need of a genuine reset from high-stress routines, few places are better suited.

HOW TO BOOK- You can book your stay through their website.


Deep off-grid resets

#1- Adrère Amellal: If you’re looking for a true escape and don’t mind the eight-hour drive, Siwa’s Adrère Amella is the ultimate desert retreat. Nestled at the foot of the White Mountain and overlooking Lake Siwa, the luxury ecolodge is designed for complete disconnection. There is no electricity — rooms are lit solely by candles and oil lamps, with the lodge’s salt rock-and-clay architecture blending seamlessly into the surrounding landscape. If there is any place that embodies the idea of a real retreat from the city, it’s here.

HOW TO BOOK- You can reach out to the eco-lodge via email (found in their Instagram bio) for booking details.


#2- Talist Siwa Ecolodge: Another low-density Siwa destination, Talist Siwa Ecolodge offers lakefront tranquility with stays available in bungalows, chalets, and suites. The lodge embraces farm-to-table dining and quiet communal spaces, perfect for small teams looking to conduct intensive alignment sessions uninterrupted.

HOW TO BOOK- You can book your stay via Booking.


#3- Tawila Island: Just 40 minutes from El Gouna, Tawila Island is Hurghada’s premier waterfront bungalow development. Offering a sense of seclusion, the resort features fully-equipped meeting spaces alongside a fitness center and swimming pool. It works equally well as a restorative escape surrounded by the Red Sea’s vibrant blues and as a discreet setting for confidential meetings, executive strategy sessions, and high-stakes partner retreats.

HOW TO BOOK- You can book your stay through their website or via Booking.

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Ears to the Ground

Stateside by The Guardian dissects American politics

🎧 Following US politics can be genuinely exhausting, but Stateside with Kai and Carter — launched by The Guardian in May — manages to make even the most complex topics engaging. Hosts Kai Wright and Carter Sherman unpack the week’s biggest stories alongside reporters, experts, and thinkers — offering rich, grounded discussions that go beyond the headlines.

What to expect: Wright and Sherman meet three times a week with a Guardian reporter or domain expert, choosing to analyze one single issue in depth rather than skim through the week’s headlines. The episodes vary widely, ranging from prominent left-wing online personality Hasan Piker and why Democrats struggle to inspire California voters to the World Cup and major blockbusters dominating the US news cycle.

Beyond the war: A recent episode moves beyond routine conflict updates to shed light on what the aftermath of war looks like for Iran. As ceasefire negotiations continue, the hosts speak with Middle East journalist Shirin Jaafari about what an Iranian government emerging stronger than before could mean for everyday citizens. The conversation explores daily life under a war-weary economy and the realities facing those who dare to resist an oppressive regime. This episode captures the podcast’s greatest strength: digging deeper into a specific narrative to highlight the human aspect of major political events.

What we liked: The duo succeeds largely because of their contrasting styles. Wright brings the patient approach of a seasoned public radio interviewer, while Sherman adds a reporter’s precision with sharp questions that unlock deeper insight. Together, they give beat reporters room to lay out their findings and perspectives. The result is a podcast driven by on-the-ground reporting rather than commentary from observers watching events unfold from behind a screen.

Our verdict: Distinctly American in its focus, this podcast is best suited for listeners already invested in US politics. It assumes an audience that is familiar with both foreign and domestic US affairs, which naturally pulls the coverage inward. Yet that is precisely what makes it such an authoritative listen for anyone looking to better understand the US’ political landscape.

WHERE TO LISTEN- You can tune in on Apple Podcasts | Anghami | Spotify | YouTube.

This publication is proudly sponsored by

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Mark Your Calendar

The High Five comedy crew lands in New Cairo for the first time at Teatro 90

🎙️ Comedy group The High Five is heeding their fans’ calls and heading to New Cairo for the first time this Friday, 14 August with their In & Out Standup Comedy Show at Teatro 90. The five-member crew — Fekry Tarek, Abdelrahman Mohamed, Pola Samwel, Badr Nour, and Gamal Ramzy — brings together distinct comedy styles as they take turns cracking jokes and sharing humorous stories. The show starts at 9pm and tickets are available on TicketsMarché.

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GO WITH THE FLOW

What the markets are doing on 9 August 2026

The EGX30 rose 0.8% at today’s close on turnover of EGP 12.2 bn (23.6% above the 90-day average). Local investors were the sole net buyers. The index is up 31.8% YTD.

In the green: Arabian Cement (+7.6%), E-finance (+4.3%), and Orascom Development (+4.2%).

In the red: Emaar Misr (-0.8%), Orascom Investment Holding (-0.6%), and Qalaa Holdings (-0.6%).


🗓️ AUGUST

1 August - September 15 (Saturday-Tuesday): El Alamein Book Fair.

6-15 August (Thursday-Saturday): The Garden Market at Lakeyard, Hacienda Bay, North Coast.

11-17 August (Tuesday-Monday): El Sawy CultureWheel Sakia Book Fair, Zamalek.

13 August (Thursday): Hisham Abbas at Premiere Show, Golf Porto.

14 August (Friday): The High Five: In & Out Standup Comedy Show at Teatro 90.

14 August (Friday): Tough Mudder Kids by The TriFactory at Ramla by Marakez, North Coast.

14 August (Friday): Tul8te at U Arena, North Coast.

14 August (Friday): Mohamed Ramadan at Porto Golf, Al Alamein City.

14 August (Friday): Nawal El Zoghby and Wael Jassar at Tiatro Romano, Marina 2, Al Alamein.

15-24 August (Saturday-Monday): The International Citadel Festival for Music at Saleh El Din Citadel.

15 August (Saturday): Riham Abdel Hakim at Mahka Theatre, Salah El Din Citadel.

15 August (Saturday): El Leila El Kebira at Teatro 90.

16 August (Sunday): Aziz Maraka and Samar Tarik at Mahka Theatre, Salah El Din Citadel.

17 August (Monday): Wust El Balad and Nesma Mahgoub at Mahka Theatre, Salah El Din Citadel.

17-18 August (Monday-Tuesday): Omar Khairat at Bibliotheca Alexandrina.

19 August (Wednesday): Hisham Abbas and Sherif Mounir at Mahka Theatre, Salah El Din Citadel.

19 August (Wednesday): Autostrad at CJC 610.

20 August (Thursday): Saad El Oud and Fouad & Mounib at Mahka Theatre, Salah El Din Citadel.

20 August (Thursday): Mohamed Fouad at Premiere Show, Golf Porto.

20 August (Thursday): Hisham Abbas at Bibliotheca Alexandrina.

20-29 August (Thursday-Saturday): Leila Assal at Theatro Arkan.

20-26 August (Thursday-Wednesday): I Want a Pet Dinosaur at Rawabet Art Space.

21 August (Friday): Ain Gamal at Al Anfoshy Cultural Palace, Alexandria.

21 August (Friday): Abyusif and Shehab at Alexandria Stadium, Alexandria.

21 August (Friday): Black Coffee at Cubix North Coast.

21 August (Friday): Ruby and Rami Aiash at Tiatro Romano, Marina 2, Al Alamein.

21 August (Friday): Autostrad at Bibliotheca Alexandrina.

22 August (Saturday): Wust El Balad at Bibliotheca Alexandrina.

23 August (Sunday): Autostrad at El Sawy Culturewheel, Zamalek.

23 August (Sunday): Ali El Haggar at Mahka Theatre, Salah El Din Citadel.

24 August (Monday): Medhat Saleh, Amr Selim, and Nesma Abdel Aziz at Mahka Theatre, Salah El Din Citadel.

25 August (Tuesday): Prophet Muhammad’s Birthday.

27 August (Thursday): Jadal at Bibliotheca Alexandrina.

28 August (Friday): Amal Maher at Premiere Show, Golf Porto.

29 August (Saturday): Jadal at El Sawy Culturewheel, Nile University, Sheikh Zayed.

30 August (Sunday): Tamer Ashour at Bibliotheca Alexandrina.

SEPTEMBER

4 September (Friday): Ehab Tawfik at Premiere Show, Golf Porto.

11-14 September (Friday-Monday): MedFest Egypt at AUC Tahrir Square.

26 September (Saturday): John Achkar’s Feena Nehke at Theatro Arkan.

OCTOBER

1-4 October (Thursday-Sunday): She Arts festival across Cairo and Alexandria.

6 October (Tuesday): Armed Forces Day.

15-23 October (Thursday-Friday): El Gouna Film Festival.

24 October (Saturday): Blue 25th Anniversary Tour at New Capital.

28-31 October (Wednesday-Saturday): Egypt’s Cheese Festival at Al Horreya Garden, Zamalek.

NOVEMBER

5 November (Thursday): Gala De Danza at the Grand Egyptian Museum.

2-7 November (Monday-Saturday): Barbara O’Neill Wellness Journey at Sheraton Miramar Resort, El Gouna.

11-20 November (Wednesday-Friday): Cairo International Film Festival.

19-28 November (Thursday-Saturday): Cairo Design Week.

21 November (Saturday): El Gouna Half Marathon.

28 November (Saturday): Shakira at the Pyramids of Giza.

DECEMBER

11-12 December (Friday-Saturday): The Marakez Pyramids Half Marathon at the Pyramids of Giza.

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