Get EnterpriseAM daily

Available in your choice of English or Arabic

What does a Roblox ban mean for Egypt’s youth?

1

WHAT WE’RE TRACKING TONIGHT

Gold loses its luster as precious metals crash

Good afternoon, friends. It’s a quiet Monday afternoon both at home and abroad, save for precious metals as they enter a downward trajectory following a series of historic highs. Also in today’s issue: we take a look at what a Roblox ban means for Egypt’s youth, how Maadi’s residents are taking matters into their own hands, and recap the 2026 Grammys.

THE BIG STORY ABROAD-

🌐 It’s a relatively calm afternoon in the business press, with not many stories making the rounds except for the precious metals crash. Gold and silver prices plunged, sending shockwaves through global stock markets. Gold fell 8% to USD 4.47k per ounce early Monday — down from a record high of USD 5.6k per ounce last week — and is trading at near USD 4.8k per ounce at the time of publication. Silver also saw a drop, following an already-steep 30% sink over the weekend. The impact of the sell-off was palpable, with the Dow Jones and the S&P 500 down 0.4% and Nasdaq down 0.9% at the time of publication.

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

CLOSER TO HOME- The Rafah border between Egypt and the Gaza strip was reopened on Monday to allow movement between both countries. 50 patients, each accompanied by a maximum of two relatives, will be allowed to exit the strip daily, according to Israeli reports cited by the BBC. An estimated 20k wounded Palestinians remain waiting to cross. A daily quota of 50 Palestinians who had left during the war will also be allowed to return.

^^ Read more on the Guardian, Reuters, and the BBC.

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

  • The Finance Ministry has finalized updates to the central clearing system and is preparing an AI-driven real estate valuation framework as part of the soon to be released second tax reform package;
  • The government has officially resumed sugar exports to help local producers clear a massive 1-mn-ton inventory surplus, designed to provide an immediate liquidity injection for state and private factories struggling with high overheads;
  • The Transport Ministry is mulling an extension of the Alexandria Metro to New Abu Qir in a bid to integrate the metro system with the fourth Abu Qir–Port Said high-speed railway line. The new metro is also slated to cut travel times along the corridor in half — dropping to just 25 minutes from 50 minutes.

🌤️ TOMORROW’S WEATHER- Layer up, we’re in for another cool day in the capital. Temperatures in Cairo are set to peak at just 22°C before cooling down to 12°C, according to our favorite weather app.

2

FOR YOUR COMMUTE

Why Egypt is pulling the plug on Roblox

🎮 A week after President Abdel Fattah El Sisi urged lawmakers to restrict social media usage for younger age groups, a draft law pertaining to children's internet access has been submitted to the relevant authorities.

The proposed legislation would mandate that service providers employ measures to limit children’s exposure to “harmful practices,” as well as impose age-verification measures. The move would not involve a comprehensive ban on social media, but rather limit access and subject it to parental scrutiny.

A separate parliamentary proposal called for a blanket block on electronic games, according to a letter reviewed by EnterpriseAM. The proposal was rejected by Egypt’s National Telecommunications Regulatory Authority (NTRA) on the grounds it would be impractical and unsustainable, and would potentially make way for illegal alternatives or circumventive loopholes, as EnterpriseAM had previously reported. “Coding is so easy right now; you can use AI to build an app in 10 minutes,” counseling psychotherapist Khaled Salaheldin told us. “This opens the door to a lot of unregulated apps popping up. [Either way], they're going to access it. You might as well at least have something that's regulated, monitored, and has a safeguarding aspect to it.”

Roblox still got the cut

The massively popular online social gaming platform and game creation system Roblox is set to be banned, Deputy Head of the Supreme Council for Media Regulation (SCMR) Essam El Amir said in a senate session yesterday. The news quickly caught fire, spreading across all media outlets and late night talk shows, with El Hekaya’s Amr Adib simply stating that “it’s a cursed game.”

NTRA claims it has not yet received any official decision regarding the ban, according to spokesperson Mohamed Ibrahim, who further added that the ban would be rolled out once the decision is received.

What’s the case for banning Roblox?

The gaming platform’s native in-game chat feature, which makes up a significant portion of its gameplay, Roblox raises concerns about adult-child communication… in other words: grooming and predatory behavior. The platform — which boasts Egypt as one of its top three markets in the MENA region — is also notorious for exposing youth to inappropriate and violent content, with some extremist ideologies such as Nazi propaganda and Islamophobia ubiquitously displayed throughout, the Guardian writes. The platform skirted around Australia’s u-16 ban on account of being a gaming platform, not technically considered social media.

Will bans work?

“A ban would work, sure, but it’s such a short-term way to go about things,” Egyptian parenting platform Tribe founder Roba El Gindy tells EnterpriseAM. “[In doing so] we’re not necessarily giving the kids the tools they need to face real life,” she adds. It is more essential to promote safety education like teaching kids what to do in certain situations, what is acceptable behavior, and how to recognize danger. “There will always be something else that could cause the same problem,” she explains.

Whether or not banning is the correct path to take, El Gindy believes the ongoing discussions surrounding children’s online safety are forward-thinking. “It’s great that we’re starting to realize the mental health risks [...] and trying to ensure they are exposed to the right things at the right time,” she says.

Following the removal of Roblox, children will be going through withdrawal symptoms and parents will need to know how to handle the fallout. “[These kids] were so dependent on this game; their social life might have been centered on it,” she says, adding that it becomes a parent’s job to navigate that in a healthy, supportive manner. “It’s an actual loss for them. This event will either be a window for better communication, or we parents will end up minimizing their feelings. If we belittle them, they will just look for an alternative — we won't know about it.”

Are there more gaming sites on the chopping block?

Mysteriously, in addition to announcing the Roblox ban, El Amir said that two additional websites used by some 30 mn users in Egypt will also be banned, due to the fact that these sites “promote the idea of cohabitation exchanges between young men and women for a period of three months at no charge.”

3

AFTER HOURS

Maadi residents are treading a brand new path

If you’ve spent time in Maadi lately you may have noticed a change in some of its side streets. The potholes and debris are gradually being replaced with neat and tidy interlock paving that is giving Maadi the look of a gated community, only without the gates.

What started out as a limited residential experiment on a small portion of Road 79 has now expanded to include more than 10 streets in Sarayat El Maadi… and it is just the beginning, Laila Hussein, the president of Sarayat El Maadi Occupant Union (SMOU), told EnterpriseAM.

What exactly is interlock?

Interlock pavers are molded concrete bricks that fit together like puzzle pieces to create a stable surface without mortar. They are relatively quick and easy to install and present a cheaper, durable alternative to asphalt or poured concrete. Interlock is particularly suitable for driveways, lower-speed residential streets, and cul de sacs. The SMOU project does not include any of the main streets of Maadi.

A 2k-meter stretch of road that is between 4-5 meters wide costs EGP 800k to 1 mn. The total cost is typically divided up among the area's residents, so the cost per unit varies depending on street and building size and the number of participating buildings. One Maadi resident whose street is about to be paved told EnterpriseAM that each apartment in his building is paying an average of EGP 5k.

About SMOU

The driving force behind this unique nonprofit public private partnership is Hussein and a handful of dedicated Maadi women. SMOU was founded 11 years ago by Hussein and a group of 16 Maadi businessmen, including her husband Amr Helmy, chairman of Amr Helmy Designs, and CEO Wadi Degla Holding Maged Helmy. Their mandate was to tackle community projects within the perimeter of Sarayat El Maadi, which extends from Road 9 to Road 250. Today the occupant union stands as a rare example of a successful collaboration between private residents and the Maadi District to bridge the funding gap and deliver badly needed infrastructure in Maadi.

“Our funding used to come from our founding members and that’s what gave us our first push, but that’s no longer the case. Now it’s the residents of Maadi themselves who are contributing financially to upgrade their streets and sidewalks,” Hussein explains. “The more people see the positive results, the more they want to contribute. Residents are the ones now reaching out to SMOU, not the other way around.”

Community engagement: A hallmark of Maadi culture

“Many of our families have lived here for generations and we are keen to preserve the heritage of our community,” Nadine Azmi, president of the Maadi Environmental Rangers (MER) told EnterpriseAM. “The idea of community activism has been handed down to us by our mothers, who were all active members in the community.”

MER is another example of an organization that has been active in Maadi for 30 years, acting as a liaison between local civil society and government. As a registered NGO, they focus on raising environmental awareness in Maadi schools and undertaking greening and cleanup projects within Sarrayat El Maadi.

The 2025 Canal Street revitalization, one of the organization’s most impactful projects to date, involved cleaning, planting, and paving a section of Canal Street. SMOU also worked in and around the same area after the departure of the Israeli ambassador. The project included demolishing barricades around the ambassador’s former residence, fixing streets and sidewalks and planting trees in collaboration with the Maadi Tree Lovers Association.

The current and former Maadi District heads, Mohamed El Emam and Tarek El Behairy, reaffirmed their commitment to working with the neighborhood associations during a joint appearance at a recent SMOU event held to commemorate the public sector employees, construction workers, and cleaners who have been transforming the streets of Maadi. It was clear that they have found a winning formula for public private cooperation that they will continue to pursue.

Can the model be replicated elsewhere?

Neighborhoods like Zamalek, similar in demographics to Sarayat El Maadi, come to mind, but thus far the example of residents taking on infrastructure projects is a first in Maadi.

4

PLUG IN

The 2026 Grammys were a night of firsts

🎷 Rapper and songwriter Kendrick Lamar has stolen the show at the Grammy’s for the second consecutive year. The Compton native did a sweep, nabbing five awards including Record of the Year for Luther featuring SZA, as well as Best Rap Album for GNX, Best Rap Song, and Best Rap Performance. This season brings his total Grammy haul up to 27 awards, making him the most-awarded hip-hop artist in history.

One way ticket to the annals of history: Bad Bunny was nominated in six categories, grabbing three gramophones; Best Música Urbana Album, Best Global Music Performance, and the prestigious Album of the Year for Debí Tirar Más Fotos. This is the very first time an entirely Spanish-language album has ever been awarded album of the year, a historic moment for Mr Benito.

Top moments: Billie Eilish deservingly took home one of the night’s biggest honors, nabbing the award for Song of the Year for Wildflower. The recognition comes a year after fans felt she was snubbed for her latest album Hit Me Hard and Soft. During her acceptance speech, Eilish took the chance to call out the Trump administration’s immigration policies.

In other wickedly good news, Cynthia Erivo and Ariana Grande got Best Pop Duo/Group Performance for Wicked’sDefying Gravity.

This publication is proudly sponsored by

5

Sports

A calm day on the pitches

It’s a quiet day in Footieworld, with just one match on our radar. Sunderland will be hosting Burnley in round 24, kicking off at 9pm on BeIN Sports 1.

6

Mark Your Calendar

Ramadan and Valentine’s finds at The Garden Market

🌿The Garden Market returns for your pre-Ramadan and Valentine’s shopping fix at East View Mall in New Cairo, running for two consecutive weekends on Thursday, 5 February to Saturday, 7 February and from Thursday, 12 February to Saturday, 14 February. Expect a wide range of local brands and vendors — doors are open from 12pm to 11pm.

7

GO WITH THE FLOW

What the markets are doing on 2 February 2026

The EGX30 fell 0.1% at today’s close on turnover of EGP 7.2 bn (28.8% above the 90-day average). Regional investors were the sole net sellers. The index is up 13.8% YTD.

In the green: Eastern Company (+4.8%), Orascom Holding (+4.0%), and Orascom Construction (+3.6%).

In the red: Edita (-3.6%), Egypt Aluminum (-3.2%), and ADIB (-1.7%).


🗓️ JANUARY

22 January - 3 February (Thursday-Tuesday): Cairo International Book Fair.

FEBRUARY

6 December - 15 February (Saturday-Sunday): Cairo Prints at Cairopolitan in Garden City.

3 February (Tuesday): Cairo International Book Fair closing ceremony at Al Manara Main Hall.

5 February (Thursday): Zarf Tarek Gedan at Heliopolis Library Theater.

5 February (Thursday): Saleh El Nawawy at Theatro Arkan.

5-7 February (Thursday-Saturday): The Garden Market at East View Mall, New Cairo.

6 February (Friday): Voices of the Century at the Opera Hall in New Capital.

6 February (Friday): Cairo Marathon at Heliopolis, Merryland Park.

6-7 February (Friday-Saturday): Football Access Summit at Zed Park.

7 February (Saturday): Cairo Flea Market at Ghurnata Community Space, Heliopolis.

11-15 February (Wednesday-Sunday): Animatex at AUC Tahrir Square.

12-14 February (Thursday-Saturday): The Garden Market at East View Mall, New Cairo.

13 February (Friday): Bryan Adams at the GEM.

14 February (Saturday): Valentine’s Special - Saad El Oud at CJC 610.

17 February (Tuesday): First day of Ramadan (TBD).

MARCH

20 March (Friday): Eid Al-Fitr (TBD).

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.

Now Playing
Now Playing
00:00
00:00