{"id":669871,"date":"2025-08-10T00:00:00","date_gmt":"2025-08-10T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=669871"},"modified":"2025-12-18T07:11:42","modified_gmt":"2025-12-18T07:11:42","slug":"leaked","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/leaked\/","title":{"rendered":"Leaked"},"content":{"rendered":"<section id=\"669873\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"669873\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">WHAT WE\u2019RE TRACKING TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/\">\r\n                            Inflation cools for second consecutive month, hitting 13.9% in July                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Inflation cools for second consecutive month, hitting 13.9% in July&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/&title=Inflation cools for second consecutive month, hitting 13.9% in July\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Inflation+cools+for+second+consecutive+month%2C+hitting+13.9%25+in+July+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F10%2Finflation-cools-for-second-consecutive-month-hitting-13-9-in-july%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/833.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669874\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/inflation-cools-for-second-consecutive-month-hitting-13-9-in-july\/833-jpg-21\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/833.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"833.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/833.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/833.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669873\" class=\"content-area-description single-story post-669873 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-capmas tag-economy tag-enterprisepm tag-inflation tag-what-were-tracking-tonight wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.c35d0ef6-dcb7-49a7-be8b-64d6d4da1633.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and welcome to the start of another workweek<\/strong>. It\u2019s a calm day on the news front, and at home, we\u2019re celebrating a cooling inflation rate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Annual headline urban inflation cooled further for the second consecutive month to hit 13.9% in July<\/strong>, down from 14.9% in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0040931e-a260-4849-b4fb-ccac7de3294a\/%253cmark%253einflation%253c%2Fmark%253e-unexpectedly-falls-to-14.9%2525-in-june\" style=\"\" rel=\"noopener\">June<\/a>, boosted by lower than anticipated food and beverage inflation, according to data from state statistics agency Capmas. On a monthly basis, inflation fell 0.5% compared to a 0.1% drop in the previous month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fueling the trend: <\/strong>The decline is mainly attributed to an easing in food and beverages prices \u2014 the largest component of the basket of goods and services used to calculate headline inflation \u2014 which rose 3.4% y-o-y in July, compared to 6.9% in June. On a monthly basis, food and beverages inflation dipped noticeably by 3.0%.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE BIG STORY ABROAD-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a calm Sunday as far as international business news is concerned, with the <\/strong><strong>latest developments between Russia and Ukraine dominating headlines<\/strong>. The White House is reportedly considering inviting Ukrainian President Volodymyr Zelenskyy to the Alaska Summit, where US President Donald Trump is set to meet his Russian counterpart Vladimir Putin, according to sources cited by <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/politics\/trump-administration\/white-house-considering-inviting-zelenskyy-alaska-rcna224070\" style=\"\" rel=\"noopener\">CNBC<\/a>. \u201cThe President remains open to a trilateral summit with both leaders,\u201d a senior White House official said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI<\/strong>- On Friday, Trump alluded to a ceasefire deal that would entail a \u201cland swap\u201d between Russia and Ukraine, which Zelenskyy promptly <a target=\"_blank\" href=\"https:\/\/www.nbcnews.com\/world\/ukraine\/zelenskyy-rejects-trumps-proposal-ukraine-swap-territories-russia-rcna224022\" style=\"\" rel=\"noopener\">opposed<\/a>, noting that he \u201cwill not give their land to occupiers.\u201d<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/6\/348.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Inside Industry day \u2014 your weekly briefing of all things industrial in Egypt.<\/strong> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue<\/strong>: We\u2019re taking a look at the government\u2019s efforts to put Egypt on the global EV manufacturing map.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\u2600\ufe0f <strong>TOMORROW\u2019S WEATHER-<\/strong> Stay cool and stay indoors. Temperatures in Cairo are set to peak at 39\u00b0C, before cooling down to 25\u00b0C. Up north, it\u2019s a similar story with a high of 30\u00b0C and a low of 26\u00b0C, according to our favorite weather app. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capmas\/\">CAPMAS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inflation\/\">inflation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-tonight\/\">WHAT WE\u2019RE TRACKING TONIGHT<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669875 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"669875\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/669875\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669875\" class=\"content-area-description single-story post-669875 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/382.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669876\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"669876\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">FOR YOUR COMMUTE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/\">\r\n                            GPT-5 is out, but are your conversations safe?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=GPT-5 is out, but are your conversations safe?&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/&title=GPT-5 is out, but are your conversations safe?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=GPT-5+is+out%2C+but+are+your+conversations+safe%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F10%2Fgpt-5-is-out-but-are-your-conversations-safe%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/543.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"669877\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/gpt-5-is-out-but-are-your-conversations-safe\/543-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/543.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"543.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/543.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/543.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669876\" class=\"content-area-description single-story post-669876 post type-post status-publish format-standard has-post-thumbnail hentry category-for-your-commute tag-ai tag-enterprisepm tag-for-your-commute tag-openai tag-technology wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.1fff4acd-b0b3-42f0-8b0a-704569266769.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">?<strong>OpenAI forges ahead with GPT-5 launch with updates that heed <\/strong><strong>growing mental health concerns<\/strong>. The company\u2019s CEO Sam Altman frames the update as reaching \u201cPhD level\u201d expertise alongside claims that the new model has a lower \u201challucination rate\u201d than previous models, according to <a target=\"_blank\" href=\"https:\/\/www.wired.com\/story\/openais-gpt-5-is-here\/\" style=\"\" rel=\"noopener\">Wired<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A closer look at the upgrade.<\/strong> For starters, GPT-5 operates on a wider context window, meaning it can retain more information than the previous o3 model and also manage longer conversations. The launch introduces two new model variants: GPT-5-mini and GPT-5-nano. Free users get access to GPT-5 and GPT-5-mini, while the Plus tier subscription gets access to the same versions but with higher usage limits. The highest tier, the USD 200 Pro, offers access to the stronger GPT-5-pro and GPT-5-thinking, a version that can process a query for an extended period of time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The launch comes amid a wave of rampant AI psychosis. <\/strong>After a recent <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2025\/07\/31\/your-public-chatgpt-queries-are-getting-indexed-by-google-and-other-search-engines\/\" style=\"\" rel=\"noopener\">leak<\/a> of ChatGPT conversations online, the <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/ai\/i-feel-like-im-going-crazy-chatgpt-fuels-delusional-spirals-ae5a51fc\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> took the opportunity to analyze these chats, only to find that the AI chatbot has been embroiled in radicalizing conversations with its users, making claims to one user that \u201cthe antichrist is emerging soon\u201d and affirming to another that it is \u201cin contact with alien beings\u201d. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Can we expect less hallucinations with the new upgrade?<\/strong> In response, OpenAI has included reminders with GPT-5 that pop-up during long conversations. The reminder gives you the option to \u201ckeep chatting\u201d or end the conversation. But is that enough to discourage dangerous conversations? The company has also hired a clinical psychiatrist to look into these <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f14b6c04-b766-4d71-ad13-71948b78615d\/the-dark-side-of%253cmark%253e-ai%253c%2Fmark%253e-flattery\" style=\"\" rel=\"noopener\">effects<\/a> and is reportedly in the process of gathering a group of mental health and youth development experts. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do the new numbers say?<\/strong> The company tested GPT-5 for its hallucination rate \u2014 \u201cthe percentage of factual claims that contain minor or major errors\u201d \u2014 finding it to be 26% less common than with the GPT-4o model. GPT-5-thinking also has a 65% lower hallucination rate than the o3 model. OpenAI\u2019s release report states that, although not the perfect fix, steps have been taken to reduce GPT-5-thinking\u2019s \u201cpropensity to deceive, cheat, or hack problems,\u201d training the model to \u201cfail gracefully\u201d in the face of queries it cannot answer. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Hallucinations aside, are your conversations with ChatGPT safe?<\/strong> In short: yes, at least for now. Earlier in July, users were shocked to discover their conversations with the AI chatbot available on Google, after inadvertently opting in to make their conversations with ChatGPT discoverable by search engines. The optional feature, however, has since been deactivated \u2014 yet thousands of conversations that made it onto Google are still accessible through <a target=\"_blank\" href=\"https:\/\/archive.org\/\" style=\"\" rel=\"noopener\">Internet Archive<\/a>, according to <a target=\"_blank\" href=\"https:\/\/www.404media.co\/more-than-130-000-claude-grok-chatgpt-and-other-llm-chats-readable-on-archive-org\/\" style=\"\" rel=\"noopener\">404 Media<\/a>. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ai\/\">AI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/for-your-commute\/\">FOR YOUR COMMUTE<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/openai\/\">OpenAI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/technology\/\">technology<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669878 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"669878\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/669878\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669878\" class=\"content-area-description single-story post-669878 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.mashreq.com\/en\/egypt\/private\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/5\/1134.jpg?ssl=1\"><\/a><\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669879\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"669879\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">ON THE TUBE TONIGHT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/war-of-the-worlds-is-a-mess-and-thats-why-youll-want-to-watch-it\/\">\r\n                            War of the Worlds is a mess \u2014 and that\u2019s why you\u2019ll want to watch it                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/war-of-the-worlds-is-a-mess-and-thats-why-youll-want-to-watch-it\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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When Prime Video dropped the anticipated <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt13186306\/\" style=\"\" rel=\"noopener\">remake<\/a> of the 2005 alien invasion cult classic, viewers were riddled with excitement, flocking to the streaming service in droves. What ensued? Reviews deeming the Rich Lee film abysmal, thousands of angry reviews on social media, an IMDB score of 1.9, and a Rotten Tomatoes debut of 0% \u2014 a feat practically unheard of. Not since 2022\u2019s <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt5108870\/\" style=\"\" rel=\"noopener\">Morbius<\/a> has a movie been so collectively hated by the masses \u2014 but we\u2019d like to offer a contrarian opinion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First things first, the basics<\/strong>: Starring Ice Cube, Eva Langoria, Iman Benson, Devon Bostick and H. Hunter Hall, War of the Worlds is a loose adaptation of H. G. Wells\u2019 1898 classic novel of the same name, which narrates the events of an alien invasion on Earth. The 2005 adaptation of the novel was a hit, and remains one of the most popular alien movies in modern pop culture. The 2025 remake completely flips the script on the source material, instead offering a 21st century post-AI take on the story.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is an experimental movie \u2014 and it shows<\/strong>. The entire 90-minute runtime of the movie is shot through zoom calls and screen recordings \u2014 taking a page out of <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt3713166\/\" style=\"\" rel=\"noopener\">Unfriended\u2019s<\/a> book. We follow Will Radford (Ice Cube) \u2014 a US government security analyst \u2014 as he uses state supertech to keep tabs on his adult children. Radford soon receives a call from Dr. Sandra Salas (Longoria) \u2014 who works for Nasa \u2014 who alerts him that they\u2019ve lost contact with all their satellites and asks if he\u2019s aware of any disturbances. Radford and Salas then discover they\u2019re witnessing the beginning of an alien invasion. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What do the aliens want? Data<\/strong>. Aliens have flocked from the furthest ends of the galaxy to harvest Earth\u2019s data centers, and Radford means to stop them from the comfort of his underground government bunker. After navigating years of family trauma with his children, the family and Sandra get to work, fighting aliens with nothing but Amazon delivery drones, clich\u00e9 dialogue, and plot armor. The alien-fighting crew soon discovers that the government hasn\u2019t been quite transparent, and might have something to do with the whole aliens-want-our-data plot. Soon, they begin facing a double threat: the terabyte-hungry cyborgs and the US government \u2014 but we\u2019ll leave it at that to avoid spoilers. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The movie\u2019s pitfalls outnumber the aliens<\/strong>. Somewhere between Barber Shop and War of the Worlds, it seems Ice Cube may have forgotten to brush up on his on-screen skills. Longoria fares better, but the bar isn\u2019t that high. We barely get to see the aliens, and when we do, it\u2019s through live CCTV footage. The panic felt by the citizens doesn\u2019t quite translate to audiences, but perhaps there\u2019s a metaphor there on what it means to live through something other than watching it from the safety of a digital screen. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yet is the movie all that horrible? We\u2019d argue that the internet was perhaps a little too <\/strong><strong>harsh<\/strong>. The movie\u2019s bane was the expectations its viewers had. Audiences were anticipating a \u201czhuzhed-up\u201d live action remake of the <a target=\"_blank\" href=\"https:\/\/www.imdb.com\/title\/tt0407304\/\" style=\"\" rel=\"noopener\">2005 classic<\/a>, and as such, were disappointed when that wasn\u2019t the case. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>While War of the Worlds indeed fails at being a remake, it does a commendable job at <\/strong><strong>offering something fresh, innovative, and new to the genre<\/strong>. The screenlife filming style is a very interesting choice, and one that we \u2014 contrary to popular opinion \u2014 appreciated. Viewers are given first-hand access to all the information circulating, how our main characters are addressing them in real-time, and just how much impact modern day tech has on our lives \u2014 and what would happen were we to use access to all digital conveniences. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ice Cube\u2019s watered-down acting aside, this is a pretty solid movie if you don\u2019t let <\/strong><strong>public opinion get in the way<\/strong>. At no point in the movie will you be able to predict what\u2019s coming next, and that\u2019s not something today\u2019s blockbusters can claim. There\u2019s no clear-cut path to victory, and you\u2019re able to join along as the characters figure a way out themselves. It\u2019s a low-budget production, but we\u2019d argue that\u2019s what makes it realistic \u2014 regardless of the inherently unrealistic plot. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Should you give it a go? We\u2019d say yes<\/strong>. At the end of the day, what War of the Worlds offers is media that veers from the path often trodden, and it\u2019s this novelty that is its saving grace. Did it excel at what it attempted? That\u2019s debatable. Did it prove that there\u2019s still room for growth for the thriller genre? Absolutely \u2014 and we wouldn\u2019t be too surprised if we start seeing more screenlife adaptations coming our way.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pitfalls aside, War of the Worlds is a movie you\u2019ll want to check out<\/strong>, even if just to curb your curiosity \u2014 because it\u2019s not every day a \u201chorrible\u201d movie becomes the most-talked about release online. It\u2019s fast-paced, dramatic, and carries some interesting metaphors if you read between the lines. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHERE TO WATCH<\/strong>: You can stream War of the Worlds on <a target=\"_blank\" href=\"https:\/\/www.primevideo.com\/detail\/War-of-the-Worlds\/0IB8U8AXJCFJ4WDD830GESW8A5\" style=\"\" rel=\"noopener\">Prime Video<\/a>, and find the trailer on <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=mDHgHTho7gs\" style=\"\" rel=\"noopener\">YouTube<\/a> (runtime: 2:12).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/on-the-tube-tonight\/\">On The Tube Tonight<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-watching\/\">worth watching<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669881\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"669881\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">Sports<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/liverpool-and-crystal-palace-go-head-to-head-in-the-community-shield\/\">\r\n                            Liverpool and Crystal Palace go head-to-head in the Community Shield                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/liverpool-and-crystal-palace-go-head-to-head-in-the-community-shield\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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Palace, on the other hand, has never won the trophy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The rules<\/strong>: Each team is allowed six substitutions, with a penalty shootout deciding the victor were the match to end in a draw. The game won\u2019t be going into overtime, with strictly 90 minutes to secure victory. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tonight\u2019s matches, concluding the first round of the Premier League: <\/strong><\/p>\n<ul>\n<li>Kahrabaa El Ismailiya vs. El Gouna (6pm).<\/li>\n<li>Pharco vs. Enppi (9pm).<\/li>\n<li>National Bank of Egypt vs. Ghazl El Mahalla (9pm).<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Results of the round currently have Zamalek, Al Masry, and Zed leading the pack with <\/strong><strong>three points each<\/strong>, whereas Al Ahly \u2014 the defending champions \u2014 and Pyramids \u2014 their runner-up \u2014 ended their matches in a draw. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Barcelona and Como face off in the Joan Gamper Cup \u2014 a one-off friendly <\/strong><strong>tournament<\/strong> organized annually by the Catalan giant in honor of its Swiss founder, Joan Hans Gamper. The match kicks off tonight at 10pm at Barcelona\u2019s Johan Cruyff Stadium.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>More friendlies on our radar tonight:<\/strong><\/p>\n<ul>\n<li>Chelsea vs. AC Milan (5pm).<\/li>\n<li>Dortmund vs. Juventus (6:30pm).<\/li>\n<li>Aarau vs. Al-Hilal (6:30pm).<\/li>\n<li>Almeria vs. Al-Nassr (8pm).<\/li>\n<\/ul>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/football\/\">Football<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sports\/\">sports<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669883\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">      \r\n<section id=\"advertiser\" class=\"enterprise-adv issue-section\">\r\n    <div class=\"issue-section__content\" style=\"flex-direction: column;\">\r\n  \r\n                <h4 class=\"wp-block-heading has-text-align-center has-normal-font-size\">\r\n                <span class=\"has-primary-color stk-highlight\">This publication is proudly sponsored by<\/span><\/h4>\r\n                \r\n\r\n                \r\n                <div class=\"wp-block-stackable-carousel alignwide stk-block-carousel stk--is-slide stk--infinite-scroll stk--arrows-justify-space-between stk--arrows-align-center stk-block stk-a38cfb2 sponsor-slider-container mb-0\" data-slides-to-show=\"3\" data-block-id=\"a38cfb2\"><style>.stk-a38cfb2 {--slides-to-show:3 !important;}.stk-a38cfb2 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class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240927.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/mashreq.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27486.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Rise every day<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-xqns13a\" data-v=\"4\" data-block-id=\"xqns13a\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-xqns13a-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-xqns13a-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240928.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/www.beltoneholding.com\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27484.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Where disruption meets success<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        \r\n            <div class=\"wp-block-stackable-column stk-block-column stk-column stk-block stk-y13gktn\" data-v=\"4\" data-block-id=\"y13gktn\"><div class=\"stk-column-wrapper stk-block-column__content stk-container stk-y13gktn-container stk--no-background stk--no-padding\"><div class=\"stk-block-content stk-inner-blocks stk-y13gktn-inner-blocks\">\r\n            <div class=\"issue-sponsor-slide\">\r\n                <img data-recalc-dims=\"1\" decoding=\"async\" draggable=\"false\" src=\"https:\/\/i0.wp.com\/ent.news\/internal\/240936.jpg?ssl=1\">\r\n                <div class=\"overlay\"><\/div>\r\n                <div class=\"content\">\r\n                    <a draggable=\"false\" href=\"https:\/\/cira.com.eg\/\" target=\"_blank\" class=\"logo\" rel=\"noopener\">\r\n                        <img decoding=\"async\" draggable=\"false\" src=\"https:\/\/ent.news\/internal\/27480.svg\" alt=\"\">\r\n                    <\/a>\r\n                    <span>Shaping the future of education in Egypt<\/span>\r\n                <\/div>\r\n            <\/div>\r\n            <\/div><\/div><\/div>\r\n        <\/div><div 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ABOUT<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/tamer-hosny-gears-up-for-encore-performance-in-sahel\/\">\r\n                            Tamer Hosny gears up for encore performance in Sahel                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/tamer-hosny-gears-up-for-encore-performance-in-sahel\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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data-attachment-id=\"669885\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/tamer-hosny-gears-up-for-encore-performance-in-sahel\/541-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/541.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"541.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/541.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/8\/541.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669884\" class=\"content-area-description single-story post-669884 post type-post status-publish format-standard has-post-thumbnail hentry category-out-and-about tag-enterprisepm tag-events tag-lifestyle tag-music tag-out-and-about tag-worth-trying wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.a9896a60-3ea1-4e2d-9395-e83e75c8b80f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">MARK YOUR CALENDAR-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> ? <strong>Tamer Hosny is on a roll this summer, <\/strong>performing once more in Sahel alongside Al Shamy at the Address Beach Resort for <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMsJtDjoXta\/?hl=en\" style=\"\" rel=\"noopener\">Layali Marassi<\/a> on Saturday, 23 August. Grab your tickets from <a target=\"_blank\" href=\"https:\/\/marassi.ticketsmarche.com\/event\/6920#ticketsbuy\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING THIS WEEK-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In need of some comedy in your life?<\/strong> CJC 610 will be bringing a much-needed dose of laughter on Tuesday, 12 August with <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DM-H9SPt_Ur\/?hl=en\" style=\"\" rel=\"noopener\">Comedy Therapy<\/a>. Ready to hear a joke (or 27)? Head to <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/7175\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a> to secure your spot.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sahel nightlife is still in full swing. <\/strong>Join a groovy night of intense electronic music at ESC\u0100 Beach Club with <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DLc2jnOqKSP\/?hl=en\" style=\"\" rel=\"noopener\">In Act\u2019s<\/a><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DLc2jnOqKSP\/?hl=en\" style=\"\" rel=\"noopener\">Mathame<\/a> and supporting performers Dish Dash and Baset. Don\u2019t miss this night on Thursday, 14 August and get your tickets on <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/6935\" style=\"\" rel=\"noopener\">Ticketsmarch\u00e9<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Marwan Pablo and Lege-cy are bringing a rap night to New Alamein on<\/strong><strong> Friday, 15 August. <\/strong>The two artists will perform at U Arena as part of the <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DLwrxcQNRZL\/?hl=en\" style=\"\" rel=\"noopener\">New Alamein Festival<\/a>. Tickets can be purchased through <a target=\"_blank\" href=\"https:\/\/tazkarti.com\/#\/e\/1412\" style=\"\" rel=\"noopener\">Tazkarti<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">HAPPENING LATER-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Discover the potential of your phone camera <\/strong>and join Photopia\u2019s <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMko9RAtiKQ\/?hl=en&img_index=1\" style=\"\" rel=\"noopener\">workshop<\/a> on mobile photography with Egyptian visual artist <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/mamdouhphoto\/?hl=en\" style=\"\" rel=\"noopener\">Mohamed Mamdouh<\/a>. Join the three-day workshop from Wednesday, 20 August to Friday, 22 August by filling out the <a target=\"_blank\" href=\"https:\/\/docs.google.com\/forms\/d\/e\/1FAIpQLSfHDX_PiRPp564NeMsBpPGVlbLroAsHA0z7xhlkCFivAKb8eA\/viewform\" style=\"\" rel=\"noopener\">registration form<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Enjoy a night of rock classics at Cairo Jazz Club<\/strong> with the band <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/seattle.band\/?hl=en\" style=\"\" rel=\"noopener\">Seattle<\/a>. With covers of songs by the iconic Nirvana and Radiohead, get your dose of nostalgia and catch their live performance on Thursday, 21 August. Book your tickets on CJC\u2019s <a target=\"_blank\" href=\"https:\/\/www.cairojazzclub.com\/events\/view-event\/4752\/Thursday-Night-Live\" style=\"\" rel=\"noopener\">website<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Jordanian band <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DMdkR2_IbOZ\/?hl=en\" style=\"\" rel=\"noopener\">Jadal<\/a><\/strong><strong> is bringing pop rock to Bibliotheca Alexandrina<\/strong> on Sunday, 24 August. Don\u2019t miss out on this energetic live show and book your <a target=\"_blank\" href=\"https:\/\/onlineticketing.bibalex.org\/AllEvents?PageNumber=2\" style=\"\" rel=\"noopener\">tickets<\/a> from Bibliotheca Alexandrina\u2019s website now.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/events\/\">Events<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/lifestyle\/\">lifestyle<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/music\/\">music<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/out-and-about\/\">Out and About<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-trying\/\">worth trying<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"669886\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"669886\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">GO WITH THE FLOW<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/\">\r\n                            What the markets are doing on 10 August 2025                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=What the markets are doing on 10 August 2025&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/&title=What the markets are doing on 10 August 2025\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=What+the+markets+are+doing+on+10+August+2025+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F08%2F10%2Fwhat-the-markets-are-doing-on-10-august-2025%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/what-the-markets-are-doing-on-10-august-2025\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669886\" class=\"content-area-description single-story post-669886 post type-post status-publish format-standard hentry category-go-with-the-flow tag-egx tag-enterprisepm tag-go-with-the-flow wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/8\/.697f71ca-6f6f-449f-bd32-317b8facce44.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 0.8% at today\u2019s close<\/strong> on turnover of EGP 4.3 bn (17.2% below the 90-day average). International investors were the sole net buyers. The index is up 21.4% YTD.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green:<\/strong> Orascom Development Egypt (+5.4%), Misr Cement (+4.3%), and EFG Holding (+3.5%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Juhayna (-1.0%), Eastern Company (-0.6%), and Egypt Kuwait Holding-EGP (-0.4%).<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/egx\/\">EGX<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/go-with-the-flow\/\">Go with the Flow<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull inside-industry vertical-section wide-section wp-block-group issue-section\" id=\"669887\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27470.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly look at the issues, trends, and policies that are shaping Egypt's manufacturing industries.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27477.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Sunday in EnterprisePM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/inside-industry\/\">\r\n                            Read Inside Industry                            \r\n                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">7<\/div>\r\n\r\n                        <p class=\"f-graphik\">INSIDE INDUSTRY<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/\">  \r\n                            Gov\u2019t races to localize EV industry with new incentives + int\u2019l negotiations<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Gov\u2019t races to localize EV industry with new incentives + int\u2019l negotiations&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/&title=Gov\u2019t races to localize EV industry with new incentives + int\u2019l negotiations\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Gov%E2%80%99t+races+to+localize+EV+industry+with+new+incentives+%2B+int%E2%80%99l+negotiations+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Fgovt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>                    <\/div>\r\n\r\n                    <div class=\"story__body\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1506.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" sizes=\"(max-width: 34.9rem) calc(100vw - 2rem), (max-width: 53rem) calc(8 * (100vw \/ 12)), (min-width: 53rem) calc(6 * (100vw \/ 12)), 100vw\" data-attachment-id=\"669888\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/govt-races-to-localize-ev-industry-with-new-incentives-intl-negotiations\/1506-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1506.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1506.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1506.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1506.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-669887\" class=\"content-area-description post-669887 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-enterprisepm tag-evs tag-inside-industry tag-manufacturing wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>? Gov\u2019t revs up EV push<\/strong>: The government is ramping up efforts to put Egypt on the EV assembly map by offering unconventional incentives and courting top international producers of batteries and auto components. This is being done through coordination among several ministries and agencies, under the supervision of Prime Minister Moustafa Madbouly. Additionally, the government is working towards <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/723ac4e1-4d81-48ab-a901-589662ccdd85\/egypt-moves-to-restrict-chinese-ev-imports-to-official-agents\" style=\"\" rel=\"noopener\">limiting the import of Chinese EVs<\/a> to authorized dealers, potentially accelerating localisation plans. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is ready to offer \"out-of-the-box\u201d incentives<\/strong> to fast-track international investment in the EV industry, Madbouly said in a high-level <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LJa9Kaj3m1zNdTRsndptpAGbRu3RB7Z8JCJjbkhGTAQao3DKeG1rTKzXMfwHm4UJl\" style=\"\" rel=\"noopener\">meeting<\/a> in New Alamein last week. Since batteries account for around 50% of an EV\u2019s cost, localizing battery production is a cornerstone of the roadmap, head of the Suez Canal Economic Zone Walid Gamal El Din noted during the meeting. Talks are already underway with leading battery manufacturers, and all relevant ministries will be involved in the process.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Several local players have announced plans to manufacture EV batteries<\/strong>, including <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b7d5512a-14fa-4ab1-a333-9756b9b51dfb\/ezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing\" style=\"\" rel=\"noopener\">Ezz Elsewedy Investment Company<\/a> \u2014 a joint venture between Elsewedy Capital and automotive group Ezz El Arab \u2014 which has earmarked USD 100 mn for EV and traditional auto assembly and component manufacturing in Egypt. Local firm <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/17e113b2-376a-4818-b1c1-282f45c946c8\/al-safy-wants-to-produce-batteries-+-more-xiaomi-products-locally\" style=\"\" rel=\"noopener\">Al Safy Group<\/a> also plans to manufacture EV and mobile phone batteries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Investment in the EV industry won\u2019t happen without a strong local market<\/strong>, El Saba Automotive Chairman and member of the Federation of Egyptian Chambers of Commerce\u2019s auto division Alaa El Sabaa told EnterpriseAM, adding that \u201cno company will build an EV or battery plant just to supply 20k units.\u201d Sabaa said the government must commit to purchasing EVs for public fleets to ensure baseline demand \u2014 a prerequisite before talking exports or attracting foreign investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In numbers<\/strong>: Total car sales <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5d5dca73-403d-412d-87b5-bec7d497640d\/egypt%25e2%2580%2599s-auto-sales-record-highest-figure-in-three-years-in-june\" style=\"\" rel=\"noopener\">surged<\/a> by 104.7% y-o-y in June, up from 8k units the previous year. Passenger car sales jumped 95.9%, truck sales 194%, and bus sales 61.7% Y-OY, according to figures from the Automotive Marketing Information Council (Amic), which represents the bulk \u2014 but not the entirety \u2014 of the industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Localization needs creative incentives<\/strong>. Egypt will need extraordinary financial and legislative incentives to offset the customs exemptions imported EVs enjoy, Sabaa told us. He suggested indirect incentives like income or social insurance tax breaks for manufacturers and buyers \u2014 or off-budget financing initiatives \u2014 to spur local production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt still has a shot at the EV race if it moves quickly on incentives <\/strong>\u2014 and realistically benchmarks against markets like Morocco and China, Sabaa said. Sabaa also emphasized that the country must identify a clear competitive edge to draw in industry players.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The<\/strong><strong> gov\u2019t is all fired up<\/strong>: The Finance Ministry is prepared to allocate financial and tax incentives, according to each investor\u2019s needs, offering unprecedented flexibility in negotiations, Finance Minister Ahmed Kouchouk said during the meeting. <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/ar\/news\/story\/2ee04022-88d4-4fe2-8f7b-369e1ead457c\" style=\"\" rel=\"noopener\">Three programs<\/a> with incentives to support local production of trucks, light transport vehicles, minibuses, and electric taxis, are also in the works, with a financing of EGP 9.2 bn during the current fiscal year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Negotiations are also underway to grant bus and truck manufacturers the same <\/strong><strong>privileges as passenger car manufacturers<\/strong>, with an additional separate program prepared to attract investment and encourage a shift to local manufacturing, Khaled Saad, head of the Automotive Manufacturers Association, told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We already have a solid manufacturing base<\/strong>: Egypt has strong capabilities in component manufacturing \u2014 like wiring harnesses, lighting, seats, and automotive glass \u2014 which are already exported to Europe, according to Deputy PM and Transport and Industry Minister Kamel El Wazir.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big players are still skeptical.<\/strong> The government wants to lure battery manufacturers as a gateway to EV localization, offering customs breaks, land allocation, and logistics support in industrial zones. But many major players are still holding back until there\u2019s more clarity on implementation mechanisms and how local partners will be chosen, a senior auto executive told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EV push is not just about meeting local demand<\/strong>. The roadmap includes plans to export to the Gulf, Africa, and Europe in the medium term. Egypt is negotiating export agreements alongside talks with automakers, with its eyes set on becoming a regional EV export hub, a government source told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The clock is ticking<\/strong>. Turning plans into reality within 18-24 months is the biggest challenge. Time is critical, and Egypt is up against competition from Morocco, South Africa, and the UAE. Delays risk Egypt falling behind, an independent industry expert told EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Even the state wants in<\/strong>. SN Automotive \u2014 the joint venture between Al Safy Group and state-owned El Nasr Automotive \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1adb93f0-b14d-4d57-b8d0-13f25e5db046\/dongfeng-introduces-nine-new-models-to-the-egyptian-market-under-partnership-with-sn-automotive\" style=\"\" rel=\"noopener\">launched<\/a> 9 Chinese EV models last week in collaboration with Dongfeng Motor. The Chinese giant views Egypt as a strategic market, and wants to utilize the country as a regional base for manufacturing and distributing spare parts in Africa, Dongfeng\u2019s Africa head Liao Chengli said at the launch event, attended by EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Local assembly is reshaping Egypt\u2019s broader auto market<\/strong>. A wave of new auto plants has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/29786bc0-5b74-49a7-8dc7-b2aaa65e5f05\/egypt%e2%80%99s-local-assembly-push-helps-see-automotive-prices-cool-down\" style=\"\" rel=\"noopener\">changed the market<\/a> in 2025. Local vehicle assembly capacity has jumped to around 120k units annually, easing supply shortages and prompting price cuts of more than 20% in some car segments. The expansion has reduced import dependence, eased FX pressures, and helped stabilize the EGP \u2014 boosting consumer confidence in local products. With more brands and models assembled in Egypt, consumers now have a wider range of competitively priced choices, solidifying local manufacturing as a key driver of market balance and sustainable growth.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Prices are expected to continue falling<\/strong>. A surge in supply \u2014 from both local assembly and imports \u2014 has already driven prices down and tighter competition and thinner margins across the supply chain are likely to push prices lower still. Consumers today can choose from dozens of models, a far cry from the limited options of just two years ago, Sabaa said.<\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/evs\/\">EVs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/inside-industry\/\">INSIDE INDUSTRY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"669889\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/08\/10\/669889\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-669889\" class=\"content-area-description single-story post-669889 post type-post status-publish format-standard hentry category-the-enterprise-entertainment-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> THE ENTERPRISE ENTERTAINMENT CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? AUGUST<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 August (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/7175\" style=\"\">Comedy Therapy<\/a><\/span><span> at CJC <\/span><span>610<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>14 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DLc2jnOqKSP\/?hl=en\" style=\"\">In Act\u2019s<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DLc2jnOqKSP\/?hl=en\" style=\"\">Mathame<\/a><\/span><span> at ESC\u0100 Beach <\/span><span>Club<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DLwrxcQNRZL\/?hl=en\" style=\"\">Marwan Pablo and Lege-cy<\/a><\/span><span style=\"font-weight:400;\"> at U Arena.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/7135\" style=\"\">Mohamed Fouad<\/a><\/span><span> at Porto Golf <\/span><span>Alamein<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20- 22 August (Wednesday - Friday): Photopia Mobile <\/span><span>Photography<\/span> <span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMko9RAtiKQ\/?hl=en&img_index=1\" style=\"\">Workshop<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21 August (Thursday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cairojazzclub.com\/events\/view-event\/4752\/Thursday-Night-Live\" style=\"\">Seattle the Band<\/a><\/span><span> at <\/span><span>CJC<\/span><span style=\"font-weight:400;\"> 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/fideles_music\/?hl=en\" style=\"\">DJ Fideles<\/a><\/span><span style=\"font-weight:400;\"> at ESCA Beach Club.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>22 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/bedouin_official\/?hl=en\" style=\"\">Bedouin<\/a><\/span><span style=\"font-weight:400;\"> at D-Bay.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMsJtDjoXta\/?hl=en\" style=\"\">Tamer Hosny<\/a><\/span><span> at The <\/span><span>Address<\/span><span style=\"font-weight:400;\"> Beach Resort.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 August (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMdkR2_IbOZ\/?hl=en\" style=\"\">Jadal<\/a><\/span><span> at <\/span><span>Bibliotheca<\/span><span style=\"font-weight:400;\"> Alexandrina.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>29 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DJZGoNwMGUX\/?hl=en\" style=\"\">Solomun<\/a><\/span><span style=\"font-weight:400;\"> at D-Bay.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 August (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMEAxUao3bi\/?hl=en&img_index=8\" style=\"\">Nancy Ajram and Hamaki<\/a><\/span><span style=\"font-weight:400;\"> at The Address Beach Resort. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-7 (Monday - Sunday): <\/span><span>Amira Selim singing <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DM_AVwHo9HD\/?hl=en&img_index=1\" style=\"\">masterclass<\/a><\/span><span> at <\/span><span>Khayal<\/span><span style=\"font-weight:400;\"> Arts and Music Academy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4 September (Thursday): Al Mawlid Al Nabawi.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">OCTOBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">6 October (Monday): Armed forces day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7 October (Tuesday): Enterprise Egypt Forum 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>10 October (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DMp25tYiYV2\/?hl=en\" style=\"\">Anyma<\/a><\/span><span> at The Great <\/span><span>Pyramids<\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>15 October (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DL7uPk5Mk2z\/?img_index=2\" style=\"\">Scorpions concert<\/a><\/span><span style=\"font-weight:400;\"> at New Capital.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>16-24 October (Thursday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFFYcHPqSFN\/?igsh=MXN2NGo4djU1Z2V0OQ%3D%3D\" style=\"\">Gouna Film Festival<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>30 October - 22 November (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DFKf8KKCUJo\/\" style=\"\">Forever is Now<\/a><\/span><span style=\"font-weight:400;\"> at the Great Pyramids of Giza.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">DECEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>19 December (Friday): DJ <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/6cd3a219-2617-494d-a4bb-354460627876\" style=\"\">Ti\u00ebsto<\/a><\/span><span> at the Giza Plateau. <\/span><\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"","protected":false},"featured_media":669872,"template":"","categories":[],"tags":[],"class_list":["post-669871","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"07699783-1a54-424a-bc64-b6dc538f663d","teaser":"","photo_url":"https:\/\/ent.news\/2025\/8\/539.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - 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