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Ramadan gatherings don’t have to be complicated

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WHAT WE’RE TRACKING TONIGHT

Gov’t targets gas and renewables to secure the grid

Good afternoon, friends. We’ve got a rather brisk issue in store for you today as we inch closer and closer to Ramadan — speaking of which, we caught up with Egyptian food entrepreneur Yasmine El Gharably to talk all things Ramadan, gatherings, and food.

THE BIG STORY TODAY-

📍 More good news ahead of temps going up: The government is moving to secure our natural gas supplies in the near future through a multi-pronged approach including a boost in domestic production, LNG cargo imports, and expanding renewable energy generation capacity, a senior government source tells EnterpriseAM.

No power cuts? We can breathe a sigh of relief because if all goes to plan, there will be no need to implement load shedding this summer, our source says.

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

THE BIG STORY ABROAD-

🌐 AI fears continue to rattle the stock market as shares of French software developer Dassault Systemes fell nearly 8% before the company briefly halted share trading this morning. Skepticism over AI spending has led to sharp market value declines in the world’s most valuable technology stocks: Microsoft saw a 17% drop in shares YTD, wiping out more than USD 600 bn in market value, while Amazon fell nearly 14%, erasing about USD 343 bn. Market values for Nvidia, Apple, and Alphabet have also seen drastic declines.

^^Read more on Bloomberg, CNBC, and Reuters.

ALSO- Warner Bros. Discovery is still making the rounds in the business press as it reportedly reconsiders talks with Paramount. The move follows Paramount’s hostile USD 108 bn bid, which was seen as an attempt to derail a potential tie-up with Netflix.

^^Read more on The Guardian.

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

  • The government is preparing to unveil a new list of state-owned enterprises slated for listing on the EGX in a renewed push to revive its privatization program while keeping a close eye on market liquidity;
  • The Madbouly government is combating pre-Ramadan inflation by earmarking EGP 40.3 bn in financial assistance to support families through to Eid;
  • The country’s first fully digital banks are finally nearing launch, with Banque Misr’s Onebank — entering its operational phase this year — setting an ambitious target of EGP 40 bn in deposits and 800k customers in year one.

☀️ TOMORROW’S WEATHER- We’re in for cool weather again in the capital tomorrow, with the mercury set to peak at just 24°C before dropping to 14°C, according to our favorite weather app.

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AFTER HOURS

Food entrepreneur Yasmine El Gharably on the art of gatherings

🌙 As Ramadan approaches, we prepare to enter our most communal season. The streets become more crowded, the supermarkets are filled with shoppers, and plans for iftar and sohour begin to take shape. There’s no doubt that “gathering around food” is an important part of fostering our cultural and social connection, particularly in Ramadan.

EnterpriseAM sat down with food consultant, cookbook author, and podcast host Yasmine El Gharably (LinkedIn) to talk about her ever-evolving journey as a food entrepreneur, what makes a gathering special, and her favorite Ramadan food traditions.

Under the umbrella of “Tastes and Tales,” El Gharably has created a unique universe of ventures in the culinary and cultural experience sectors. The platform is the formal entity for her consulting work, cookbooks, digital platforms, and the immersive event curation business that she has pioneered.

“If you look at my CV, you’ll think this is someone who can’t decide what to do,” jokes El Gharably, who has set herself up for an afternoon of meetings and calls at a communal table inside Cake Cafe in Zamalek. The setting, filled with an eclectic array of desserts and delicacies, is very fitting of the LSE-educated entrepreneur, who has done everything from FMCG brand management at Unilever in Alexandria to strategy consulting at Bain in Dubai and heritage preservation and cultural brand launches in Cairo and London. The throughline of all these endeavors is food.

A self-described home cook (not chef), El Gharably explains that she first became interested in food early in her career at Unilever. Managing the Unilever brands Knorr and Fine Foods, involved going out in the field and conducting market research, which meant visiting Egyptian women in their homes. “The women inspired me. With a very limited budget they were creating amazing feasts. I learned so many tricks and tips from them,” she says.

Cairo Cooking, a digital recipe platform, was born in 2015 out of a desire to simplify and preserve Egyptian culinary heritage. “My partner Shahdan Niazi and I wanted to bring back dishes like bessara, khobeiza, and molokhia. Simple, clean recipes that our grandmothers made,” El Gharably says. The website, which remains a trusted go-to source of easy-to-follow Egyptian recipes in Arabic and English, expanded through social media and was later turned into F&B consulting, including services like menu development and costing.

In 2021, El Gharably co-authored the best-selling cookbook Bilhana with her sister, interior designer and fellow food enthusiast Shewekar El Gharably. “My sister and I joined forces to come up with regional recipes that rely on fresh seasonal produce and local spices. We worked with food photographer Yehia El-Alaily and an amazing food editor from London for two years to put together something that we are really proud of,” she says. Now on its fourth print run, the AUC press cookbook is sold worldwide. “It still brings me to tears when I see Bilhana at Waterstones in London or Barnes & Noble in the US.”

The cookbook inspired a podcast by the same name, Bilhana Foodspaces, a show that includes interviews with chefs and food entrepreneurs such as Khufu’s Mostafa Seif and Karim Abdel Rahman (Avec Karim). For season 3, El Gharably is casting her net a bit wider and focusing on celebrity chefs from around the world now based in Dubai.

What makes gatherings special?

Tastes and Tales is known for creating immersive cultural “experiences” that go beyond traditional event planning. El Gharably has curated several high-profile experiences for heritage brands like El Kahhal Looms at the GEM and Azza Fahmy on the North Coast, Cairo, and London. She has also been involved with historical preservation projects like the 500-year-old Beit Al Razzaz, where she created a charity event to help raise funds for restoring the Mamluk home’s roof.

When asked what makes events memorable, El Gharably says it’s a combination of storytelling and connecting people through shared cultural narratives. “Every touchpoint of an event is designed with a clear, specific purpose. What makes an event memorable boils down to details, authenticity, and creating a sense of effortlessness,” she explains.

El Gharably’s events are anything but cookie cutter. For the launch of the Azza Fahmy store in London’s Burlington Arcade in the spring of 2025 she put together an “Egyptian Sham El Nessim” themed bash with lotus flowers, papyrus plants, and a menu of renga (smoked herring) and Roumi cheese, not the typical fare that you would expect to find between Bond Street and Picadilly.

The art of gathering in Ramadan

Ramadan events are festive but shouldn’t be overly complicated. “I like to bring out my nicest tableware and decorations and have everything cleaned, polished, and ready to go,” El Gharably says. Personally she enjoys hosting, but prefers smaller gatherings to large parties, particularly in Ramadan, so guests can be seated comfortably. “The best iftars are the ones that linger with everyone relaxed and sitting around the table talking, eating dessert and sipping tea.”

We may eat simple food all year, but Ramadan is the time to bring out the family recipes and traditions. Some of El Gharably’s favorites are dates soaked in milk to break the fast, bourek (a savory filo pastry stuffed with minced meat and eggs), her mother’s yogurt soup, and garri (a Moroccan soup with freekeh and vegetables, similar to harira).

And let’s not forget dessert. Homemade is best, and again it doesn’t need to be complicated. “Things like aish saraya shami, which is toast soaked in syrup with a bit of red food coloring and topped with mahalabia bel mastika, is an easy crowd pleaser. Chewy and crispy at the bottom and creamy on top. Another quick dessert pleaser is mastika ice cream topped with halawa sha3r and caramelized pistachios. It looks extravagant but can be prepared in minutes,” El Gharably explains.

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Ears to the Ground

Invest Like the Best tells you how the pros do it

👂 Looking for business and investment advice? You’re in the right place. Since 2016, entrepreneur, investor, and venture capitalist Patrick O’Shaughnessy has shaped his podcast, Invest Like the Best, into a North Star for those seeking top-tier investment insights and the distilled wisdom of successful entrepreneurs and executives worldwide.

O’Shaughnessy shares insights from guests who are leaders in their fields, empowering listeners to make smarter business and investment decisions. Moving beyond superficial tips, the show explores ideas, methodologies, and narratives that help listeners invest their money and time more effectively through long-form interviews with elite investors, fund managers, and founders.

How Netflix made history: In one of the more compelling episodes, Patrick sits down with Netflix Co-founder and Executive Chairman Reed Hastings to explore Netflix’s evolution from a late-90s DVD-by-mail service into a global streaming powerhouse. Through incisive questioning, Hastings reveals his management philosophies and the core principles he adhered to as CEO, including talent density and employee relations, as well as the platform’s content strategy.

The podcast’s strength — exemplified in the Netflix episode — is O’Shaughnessy’s ability to pose intelligent questions that unlock new dimensions of conversation.

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

This publication is proudly sponsored by

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Sports

Barcelona vies for La Liga lead

Barça in La Liga: Barcelona takes on Girona tonight in Matchday 24 of La Liga. The Catalan giants are hunting for three points to move into the top spot, as they currently sit just two points behind league leaders Real Madrid. The match kicks off at 10pm and will be broadcast on beIN Sports 1.

Only one fixture on our radar in the FA Cup: Brentford faces Macclesfield Town tonight. The whistle blows at 9:30pm, with the match airing on beIN Sports 6.

On the local front, the Egyptian Premier League’s Matchday 18 continues with three fixtures:

  • Modern Sport vs. Kahraba Ismailia — 5pm, On Sport 2;
  • Al Ittihad Al Sakandary vs. Smouha — 5pm, On Sport 1;
  • Enppi vs. Al Bank Al Ahly — 8pm, On Sport 1.
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HAPPENING TOMORROW

Y2K night at CJC 610

🪩 CJC 610 is taking us back in time with a Flashback 2000s night tomorrow. Bubblegum Kollectiv, Ash, and Zabadi Khalat will lead the nostalgic groove with crowd-favorite throwback hits. You can get your tickets on Cairo Jazz Club’s website.

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GO WITH THE FLOW

What the markets are doing on 16 February 2026

The EGX30 fell 1.6% at today’s close on turnover of EGP 9.9 bn (63.6% above the 90-day average). Local investors were the sole net buyers. The index is up 23.1% YTD.

In the green: Arabian Cement (+3.8%), ADIB (+3.0%), and Oriental Weavers (+2.3%).

In the red: Telecom Egypt (-12.4%), Egypt Aluminum (-6.0%), and Juhayna (-4.8%).


🗓️ FEBRUARY

16 February (Monday): Autostrad at Boom Room, Open Air Mall, Madinaty.

17 February (Tuesday): FlashBack 2000’s night at CJC 610.

19 February (Thursday): First day of Ramadan.

MARCH

21 March (Saturday): Eid Al-Fitr.

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.

JUNE

16 June (Tuesday): Islamic New Year.

30 June (Tuesday): June 30th Revolution.

JULY

23 July (Thursday): July 23rd Revolution 1952.

AUGUST

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

OCTOBER

6 October (Tuesday): Armed Forces Day.

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