{"id":691683,"date":"2026-04-05T00:00:00","date_gmt":"2026-04-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=afternoon&#038;p=691683"},"modified":"2026-04-05T13:35:26","modified_gmt":"2026-04-05T13:35:26","slug":"ifc-division-director-cheick-oumar-sylla-on-what-makes-a-great-leader","status":"publish","type":"afternoon","link":"https:\/\/enterpriseam.com\/egypt\/afternoon\/ifc-division-director-cheick-oumar-sylla-on-what-makes-a-great-leader\/","title":{"rendered":"IFC Division Director Cheick-Oumar Sylla on what makes a great leader"},"content":{"rendered":"<section id=\"691685\" 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=\"691685\">\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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/\">\r\n                            PMI hits 23-month low as non-oil activity contracts in March                        <\/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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/\" 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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/')\">\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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/\">\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=PMI hits 23-month low as non-oil activity contracts in March&url=https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/\">\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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/&title=PMI hits 23-month low as non-oil activity contracts in March\">\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=PMI+hits+23-month+low+as+non-oil+activity+contracts+in+March+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2026%2F04%2F05%2Fpmi-hits-23-month-low-as-non-oil-activity-contracts-in-march%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\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/217.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"691686\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/pmi-hits-23-month-low-as-non-oil-activity-contracts-in-march\/217-jpg-36\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/217.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"217.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/217.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/217.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691685\" class=\"content-area-description single-story post-691685 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-tonight tag-economy tag-enterprisepm tag-pmi tag-sp tag-what-were-tracking-tonight 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>Good afternoon, dearest readers, welcome to the first full workweek of April<\/strong>, and happy Palm Sunday to those who celebrate. We\u2019ve been sent good weather (and lots of news to unpack).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today\u2019s issue may be a little packed, but it\u2019s one that\u2019ll fly by.<\/strong> We ask the International Finance Corporation\u2019s Cheick-Oumar Sylla what makes a great leader, dissect the politics behind music in one of our new favorite podcasts, explore the impact of the regional war on Egypt\u2019s garment sector, and, you guessed it, much more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Without further ado, let\u2019s dive right in<\/strong> \u2014 and as usual, first up is the news\u2026<\/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\"> \ud83d\udccd <strong>Egypt\u2019s non-oil private sector hit a <\/strong><strong>23-month low<\/strong><strong> in March as the S&P Global Egypt PMI <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.pmi.spglobal.com\/Public\/Home\/PressRelease\/65d5caaba994437da3d5c020c732d171\" style=\"\">fell to 48.0<\/a><\/strong>, marking the quickest deterioration in operating conditions since April 2024, according to an S&P report. The downturn was fueled by the regional conflict, which has hardened into a primary macroeconomic drag, dampening client demand and triggering the sharpest spike in input costs since late 2024.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Firms responded by raising selling prices at the quickest pace in 10 months<\/strong>, while business sentiment turned negative for the first time on record amid heightened uncertainty. Still, S&P Global Senior Economist David Owen pointed to a silver lining, noting that \u201cthe latest figure of 48.0 still relates to annual GDP growth of around 4.3%,\u201d suggesting that, despite the slowdown, the non-oil sector remains on a \u201csolid underlying growth path.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^ We\u2019ll have more details in tomorrow\u2019s edition of EnterpriseAM.<\/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\">\ud83c\udf10 <strong>Dominating the headlines this afternoon:<\/strong> US President Donald Trump confirmed that the US airman who went missing in Iran on Friday has been rescued. The airman was the second crew member of a downed F-15E fighter jet, whose crash prompted a two-day search. Trump said he sustained some injuries but will be \u201cjust fine.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on: <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/04\/05\/us-trump-confirms-missing-us-pilot-rescued.html\" style=\"\">CNBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-rescues-airman-whose-f-15-was-downed-iran-us-officials-say-2026-04-05\/\" style=\"\">Reuters<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2026\/apr\/04\/iran-search-missing-us-crew-member-downed-fighter-jet-second-day\" style=\"\">the Guardian<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- OPEC+ has agreed to raise oil output by 260K barrels per day for May. <\/strong>However, the hike will likely remain theoretical as the US-Israel-Iran war continues to halt production and cut exports from key members, including Saudi Arabia, the UAE, Kuwait, and Iraq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">^^Read more on: <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/04\/05\/opec-debates-making-oil-output-hike-amid-iran-war-paralysis-reuters.html\" style=\"\">CNBC<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/opec-debates-theoretical-oil-output-hike-amid-iran-war-paralysis-sources-say-2026-04-05\/\" style=\"\">Reuters<\/a>.<\/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\">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\"><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM:<\/strong><\/p>\n<ul>\n<li><strong>The CBE put its easing cycle on ice as inflation risks resurfaced<\/strong>, with the Monetary Policy Committee <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/cbe-holds-rates-as-regional-war-derails-easing-cycle\/\" style=\"\">keeping interest rates unchanged<\/a> at its latest meeting on Thursday, in line with analyst expectations;<\/li>\n<li><strong>We may soon see a bank-led rush on the country\u2019s finance sector<\/strong>, as the Central Bank of Egypt <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/banks-set-for-acquisition-rush-as-cbe-scraps-40-ownership-cap-for-financial-companies\/\" style=\"\">expands the list<\/a> of companies in the sector that are exempt from a previous 40% cap on how much equity banks can own;<\/li>\n<li><strong>The government submitted listing documentation for five state-owned firms to the EGX. <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/egypt-looks-to-restart-privatization-push-with-five-new-egx-filings\/\" style=\"\">proposed listings<\/a> include a 30-40% stake in El Nahda Industries and an expected stake of up to 20% in Egyptian Ferroalloys Company.<\/li>\n<\/ul>\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 Sunday briefing of all things industrial in Egypt.<\/strong> Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning through to product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and 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 take a look at the impact of the US-Israel-Iran war on Egypt\u2019s garment sector with Egyptian Cotton Association Chairman Wael Olama.<\/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> You might want to drop a layer, seeing as we\u2019re in for a warm day in Om el Donia\u2019s capital city tomorrow. Temperatures in Cairo are set to peak at 25\u00b0C, with a low of 14\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\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pmi\/\">PMI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sp\/\">S&amp;P<\/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=\"691687 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=\"691687\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/691687\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691687\" class=\"content-area-description single-story post-691687 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\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/439.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=\"691688\" 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=\"691688\">\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\">PROFESSIONAL ADVICE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/\">\r\n                            IFC Division Director Cheick-Oumar Sylla on what makes a great leader                        <\/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\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/\" 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\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/')\">\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\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/\">\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 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   <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=How+to+be+a+better+leader+with+IFC+Division+Director+Cheick-Oumar+Sylla+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2026%2F04%2F05%2Fhow-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla%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\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/197.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"691689\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/how-to-be-a-better-leader-with-ifc-division-director-cheick-oumar-sylla\/197-jpg-57\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/197.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"197.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/197.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/197.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691688\" class=\"content-area-description single-story post-691688 post type-post status-publish format-standard has-post-thumbnail hentry category-professional-advice tag-employment tag-enterprisepm tag-entrepreneurship tag-leadership tag-office-life tag-professional-advice 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;text-align: left\">\ud83d\udcbc <strong>Leadership doesn\u2019t come naturally to everyone <\/strong><strong>\u2014 it\u2019s a skill that takes time, practice, and yes, the occasional misstep to master.<\/strong> In this limited-edition EnterpriseAM vertical, we\u2019re asking industry players what makes a great leader.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>As the <\/strong><strong><a href=\"https:\/\/www.ifc.org\/en\/home\" target=\"_blank\" rel=\"noopener\">International Finance Corporation<\/a><\/strong><strong> (IFC) nears its <\/strong><strong>50th<\/strong><strong> year in Egypt this May<\/strong>, we caught up with IFC\u2019s Division Director for North Africa and the Horn of Africa Cheick-Oumar Sylla <a href=\"https:\/\/www.linkedin.com\/in\/cheick-oumar-sylla-929645\/\" target=\"_blank\" rel=\"noopener\">(LinkedIn)<\/a> to dissect his leadership style, ask about the habits that make a great leader, and get his advice for tomorrow\u2019s pioneers.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>EnterpriseAM: What does an average day look like for you?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Cheick-Oumar Sylla: <\/strong>No matter what time I go to bed, I try to wake up around 7am. I spend 30 minutes on the treadmill while listening to the news, then I have my breakfast. Only after I finish all of this do I look at my phone. I am very disciplined about this. This way, I am ready to take any news when I finally look at it, because I am mentally prepared to handle anything. I have been doing this for the last seven years, and it has really helped me keep my energy up for the day.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>Before getting into the day, I look at my agenda to see what I have coming up. <\/strong>One practice I have is to block out at least one hour of my agenda for myself. This gives me time to look at the Nile, think of other things, and check the news. Another thing I do since I cover almost 10 countries from Egypt \u2014 including Morocco, Tunisia, Algeria, Libya, Sudan, South Sudan, Djibouti, and Eritrea \u2014 is to have my whereabouts planned on a rolling basis for at least the next three months. So, if you ask me, \u201cCheick, what are you going to do in February, March, or April?\u201d I\u2019m able to answer.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>The day is usually filled with internal calls, external calls, and external meetings.<\/strong> It\u2019s quite an intensive agenda. I try to find the right balance between internal engagement, external engagement with clients and the government, and the time I spend with colleagues discussing various topics.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: Is there a particular lesson about leadership that you wish you had perhaps learned earlier in your career?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: One thing that is very important to me is this: don\u2019t let people think you can handle any situation without proper support. <\/strong>The usual comment is, \u201cWe know that with your experience and knowledge, you will [navigate] the situation.\u201d Then, you can find yourself a little trapped, thinking, \u201cOh, I have to solve this myself.\u201d If you keep acting like that, you may put yourself under very high stress. Sometimes you might say, \u201cOkay, they tell me I\u2019m the right guy and I have the right experience, so I will do it alone.\u201d I don\u2019t think that is very wise.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: How do you balance empathy with firm decision-making?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: I would say if you approach empathy with the understanding that you have to be open to receiving input, listening, and observing<\/strong>, it helps a lot with making the right decision. It is part of the global picture. Not everything is always data-driven. Of course, you have to get the facts, but you also have to get the global picture.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: What sort of leadership style do you believe is best received? What leadership style would you say you adopt?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: Leadership, for me, is knowing that at a certain time I have to make a decision<\/strong>, but most of the time, that decision is informed by what I know about the sector, the context, and from the staff. It is a 360-degree approach. You have to be open in your leadership to be able to make what you think is the right decision.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>At the level of the World Bank Group, we have core values, and I believe each of us is accountable for those values.<\/strong> When we work with colleagues, I believe in having trust on the table from the very beginning. This helps us engage in a transparent way. You have to express yourself to make sure you are well understood, and if someone comes to me to explain something, that conversation also has to be transparent.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: Have you ever made a decision that did not yield the anticipated outcome? What have you learned from that?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: Since we are focused on delivering with impact, it\u2019s not always about the numbers.<\/strong> The impact is what really matters to us. The lesson I have learned is to have discipline. If I think a project makes sense, I also need to see if it can happen with the right support. I try to make that decision at an early stage because it avoids dragging the client along with the hope of getting a result, only to come back six months later and say, \u201cI tried what I could, but it\u2019s impossible.\u201d This way, you are mitigating risks. When I approve a project, I tell my colleagues it is fine not to follow through on every project, because you have to be totally honest and open with the client. You learn this over time.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: What is your personal framework when making high\u2011stakes decisions in situations where information is limited or evolving?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: First, what helps me is the experience I\u2019ve accumulated working in the institution, the external world, and the sector. <\/strong>Even if you don\u2019t have all the right information, you should think: Who can help in this specific area to give some input? When you have enough background \u2014 even if it\u2019s not perfect \u2014 it can help you move forward. Then, you must have the courage to change if you see things aren\u2019t going right, rather than sticking to a decision just because you made it. Failing to adapt is not acceptable.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>For that, you also have to be accessible. <\/strong>Sometimes I go around and people say, \u201cOh, we don\u2019t want to disturb you,\u201d but I\u2019m the only one who knows if I\u2019m busy or not. If you want to see me, just knock on the door. This is the kind of dynamic management style I have.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: How do you navigate diverse perspectives or conflict within your team?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: It\u2019s all about the way you approach decision-making.<\/strong> Regarding conflict, there are some red lines for me. The red line is breaching our corporate values: injustice, misplaced comments, or a lack of respect. I don\u2019t compromise on that, and people know my position.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>It\u2019s really about being reachable.<\/strong> If people trust you, they will come to you for advice because they know you will open the door and discuss things on a confidential basis. I don\u2019t give my view as their boss, but as a human being. This is why, whenever we have a new hire at the IFC, I want to see them regardless of their level. I want to know them, explain our core values, and tell them what I believe are the keys to success within the IFC and the World Bank Group. They have to be prepared for mobility, try to move within the institution, and speak up. When you have something to say, don\u2019t just be a spectator who complains later. If you believe in something, push to make it happen. That is my motto.<\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>E: What advice would you give tomorrow\u2019s leaders?<\/strong><\/p>\n<p style=\"padding: 0;margin: 0;line-height: 1.15;text-align: left\"><strong>COS: Don\u2019t think that leadership is a solo responsibility.<\/strong> I am a leader today, but I have a boss, and he is accountable to someone else. Each of us has a role to play in providing direction. I don\u2019t think leadership means the boss sits alone and decides everything. You are the one deciding, but you are working within an ecosystem. We must have inclusivity in leadership. I\u2019m not saying you have to always reach consensus, because that doesn\u2019t work. You can listen to everyone, but at a certain point, you have to take responsibility. However, being inclusive is very important because that is how you make the best decisions.<\/p>\n<p><em>Catch up on our interviews with Peace Cake\u2019s <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/22\/leadership-with-peace-cakes-kareem-abou-gamrah\/\">Kareem Abou Gamrah<\/a> and B.TECH\u2019s <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/15\/leadership-with-b-techs-mahmoud-khattab\/\">Mahmoud Khattab<\/a>.<\/em><\/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\/employment\/\">employment<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/entrepreneurship\/\">entrepreneurship<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/leadership\/\">Leadership<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/office-life\/\">office life<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/professional-advice\/\">professional advice<\/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=\"691690 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=\"691690\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/691690\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691690\" class=\"content-area-description single-story post-691690 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\"><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=\"691691\" 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=\"691691\">\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\">Ears to the Ground<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/a-deep-dive-into-hip-hop-and-justice-with-nprs-louder-than-a-riot\/\">\r\n                            Louder Than a Riot: How hip-hop reveals America                        <\/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\/2026\/04\/05\/a-deep-dive-into-hip-hop-and-justice-with-nprs-louder-than-a-riot\/\" 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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The show dives into the deep end of American society, with rigorous research and an acute journalistic approach. Most importantly, <a target=\"_blank\" href=\"https:\/\/www.npr.org\/podcasts\/510357\/louder-than-a-riot\" style=\"\">Lounder Than a Riot<\/a> is unapologetic, presenting the realities of hip-hop communities with zero sugarcoating. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to expect: <\/strong>Each season is dedicated to a central theme \u2014 the first explores the US crisis of punishment, its ties to the economy, and how hip-hop is involved, and the second examines racism, anti-Blackness, misogynoir, and the marginalization of women.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is a podcast that drove real change:<\/strong> Across three episodes in the first season, the podcast\u2019s team conducted an extensive investigation into the <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=2dqOvCPFzjM&list=PLy2PCKGkKRVYaJh9C_eB22ryDQakzZ0Xd&index=21\" style=\"\">case<\/a> of US rapper Mac Phipps, who was convicted of manslaughter in 2001 and sentenced to 30 years in prison despite a lack of forensic evidence. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The episodes revealed how Phipps\u2019 lyrics were used as evidence to shape his image in court<\/strong>, overlooking a security guard\u2019s literal confession to the crime. Shortly after the episodes aired, the rapper was <a target=\"_blank\" href=\"https:\/\/andscape.com\/features\/after-21-years-in-prison-former-no-limit-rapper-mac-phipps-is-figuring-out-what-it-means-to-be-free\/\" style=\"\">released<\/a> after serving 21 years \u2014 a development many believe was <a target=\"_blank\" href=\"https:\/\/www.npr.org\/2020\/11\/19\/936783705\/louder-than-a-riot-podcast-finds-evidence-rapper-mac-might-be-innocent#:~:text=KELLY:%20That%20is%20Sidney%20Madden%20and%20Rodney,Than%20A%20Riot%20podcast%20from%20NPR%20Music.\" style=\"\">catalyzed<\/a>, at least in part, by the show\u2019s investigative work. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we loved: <\/strong>What sets Louder Than a Riot apart is the depth brought to each topic \u2014 wrapped in immersive sound design and a compelling narrative style that keeps listeners hooked on every detail. While some may find the episodes a little on the longer side, fans of music, culture, and everything in between will find plenty to dive into. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WHERE TO LISTEN-<\/strong> You can tune in on <a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/us\/podcast\/louder-than-a-riot\/id1532093071\" style=\"\">Apple Podcasts<\/a> | <a target=\"_blank\" href=\"https:\/\/www.youtube.com\/playlist?list=PLy2PCKGkKRVYaJh9C_eB22ryDQakzZ0Xd\" style=\"\">YouTube<\/a> | <a target=\"_blank\" href=\"https:\/\/music.youtube.com\/playlist?list=PLy2PCKGkKRVYaJh9C_eB22ryDQakzZ0Xd\" style=\"\">YouTube Music<\/a> | <a target=\"_blank\" href=\"https:\/\/podbay.fm\/p\/louder-than-a-riot\" style=\"\">Podbay<\/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\/ears-to-the-ground\/\">ears to the ground<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/enterprise-recommends\/\">Enterprise Recommends<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/podcast\/\">podcast<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/worth-a-listen\/\">worth a listen<\/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=\"691693\" 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=\"691693\">\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\/2026\/04\/05\/zamalek-and-al-masry-take-the-field-tonight-battling-it-out-for-the-lead-in-the-nile-league\/\">\r\n                            Zamalek and Al Masry vie for lead in Nile League                        <\/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\/2026\/04\/05\/zamalek-and-al-masry-take-the-field-tonight-battling-it-out-for-the-lead-in-the-nile-league\/\" 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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The match will be broadcast on ON Sport. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND-<\/strong> Bank El Ahly FC takes on Haras El Hodoud at 5pm, whereas Ismaily faces Tala\u2019ea El Gaish at 8pm. <\/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>In the FA Cup: <\/strong>West Ham United goes head-to-head with Leeds United at 5:30pm on beIN Sports 1 to battle for the final qualifying spot in the tournament\u2019s semi-finals.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Other major European league fixtures on our radar:<\/strong><\/p>\n<ul>\n<li>Real Oviedo vs. Sevilla \u2014 La Liga, 6:30pm, beIN Sports 3;<\/li>\n<li>Inter Milan vs. Roma \u2014 Serie A, 8:45pm, StarzPlay;<\/li>\n<li>Monaco vs. Marseille \u2014 Ligue 1, 9pm, beIN Sports 2.<\/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=\"691695\" 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 .stk-block-carousel__button{background:#00000099 !important;fill:#FFFFFF !important;border-radius:4px !important;}.stk-a38cfb2 .stk-block-carousel__button svg.ugb-custom-icon :is(g, path, rect, polygon, ellipse){fill:#FFFFFF !important;}<\/style>\r\n                <div 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data-image-meta=\"[]\" data-image-title=\"199.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/199.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/199.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691696\" class=\"content-area-description single-story post-691696 post type-post status-publish format-standard has-post-thumbnail hentry category-mark-your-calendar tag-enterprisepm tag-events tag-mark-your-calendar tag-out-and-about 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\"> \ud83c\udfa4 <strong>On Friday, 24 April, vocal powerhouse Medhat Saleh takes <\/strong><strong>to the stage<\/strong> at Ewart Memorial Hall at AUC Tahrir at 7pm for a live <a target=\"_blank\" href=\"https:\/\/www.instagram.com\/p\/DWov1QEjFW1\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">performance<\/a> of his hits. The concert comes as part of a broader effort to revive Historic Cairo and Downtown Cairo. Tickets are available on <a target=\"_blank\" href=\"https:\/\/www.ticketsmarche.com\/event\/Medhat-saleh_8189\" style=\"\">Ticketsmarch\u00e9<\/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\/events\/\">Events<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mark-your-calendar\/\">MARK YOUR CALENDAR<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"691698\" 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=\"691698\">\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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/\">\r\n                            What the markets are doing on 5 April 2026                        <\/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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/\" 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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/')\">\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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/\">\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 5 April 2026&url=https:\/\/enterpriseam.com\/egypt\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/\">\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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/&title=What the markets are doing on 5 April 2026\">\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+5+April+2026+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2026%2F04%2F05%2Fwhat-the-markets-are-doing-on-5-april-2026%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\/2026\/04\/05\/what-the-markets-are-doing-on-5-april-2026\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691698\" class=\"content-area-description single-story post-691698 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<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 rose 1.9% at today\u2019s close<\/strong> on turnover of EGP 6.1 bn (8.3% below the 90-day average). Local investors were the sole net sellers. The index is up 13.0% 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> Egypt Aluminum (+7.4%), Orascom Construction (+6.0%), and Telecom Egypt (+5.3%).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Heliopolis Housing (-1.2%), Abu Qir Fertilizers (-0.9%), and Valmore Holding -EGP (-0.8%).<\/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=\"691699\">\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\/what-the-iran-war-means-for-egypts-garment-sector\/\">  \r\n                            The local garment sector under the spotlight<\/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\/what-the-iran-war-means-for-egypts-garment-sector\/\" 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\/what-the-iran-war-means-for-egypts-garment-sector\/')\">\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\/what-the-iran-war-means-for-egypts-garment-sector\/\">\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 Iran war means for Egypt\u2019s garment sector&url=https:\/\/enterpriseam.com\/egypt\/inside_industry\/what-the-iran-war-means-for-egypts-garment-sector\/\">\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\/what-the-iran-war-means-for-egypts-garment-sector\/&title=What the Iran war means for Egypt\u2019s garment sector\">\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+Iran+war+means+for+Egypt%E2%80%99s+garment+sector+https%3A%2F%2Fenterpriseam.com%2Fegypt%2Finside_industry%2Fwhat-the-iran-war-means-for-egypts-garment-sector%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\/what-the-iran-war-means-for-egypts-garment-sector\/\">\r\n                            <div class=\"photo photo--above\">\r\n                                <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/201.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=\"691700\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/inside_industry\/what-the-iran-war-means-for-egypts-garment-sector\/201-jpg-30\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/201.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"201.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/201.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/201.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                            <\/div>\r\n                        <\/a>\r\n                        \n<article id=\"post-691699\" class=\"content-area-description post-691699 inside_industry type-inside_industry status-publish has-post-thumbnail hentry category-inside-industry tag-enterprisepm tag-industry 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\"> \ud83c\udfed <strong>The upheaval in our region\u2019s economy \u2014 brought on <\/strong><strong>by the ongoing Iran war <\/strong><strong>\u2014 stands to shake up many local sectors. <\/strong>One enduring Egyptian industry that must reckon with the economic fallout of the conflict, as well as a changing competitive landscape throughout the region, is garment manufacturing. EnterpriseAM sat down with Egyptian Cotton Association Chairman Wael Olama <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/wael-olama-5a0b9b1a9\/\" style=\"\">(LinkedIn)<\/a> to peel back the layers of the ongoing changes.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EnterpriseAM: How resilient is Egypt\u2019s garments sector and its infrastructure amid the <\/strong><strong>prevailing regional and global volatility?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Wael Olama: The primary pressure is inflation. <\/strong>As prices climb, consumer purchasing power retreats. We are seeing a shift in household priorities. When income is stretched, spending gravitates toward essentials. Clothing is a discretionary expense and is cut during crises. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The second blow is operational. <\/strong>The recent mandate of a 9pm closing time for shops has disrupted the traditional Egyptian buying pattern. Our retail culture is nocturnal by nature, with peak footfall occurring late at night and shops staying open until 1am. This has shortened our most productive hours, leading to a measurable decline in purchase rates.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On the export front, the sentiment is decidedly more bullish.<\/strong> We are seeing a structural shift in global supply chains that is working in Egypt\u2019s favor, driven primarily by rising costs in our traditional competitor markets, namely Turkey and China.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Turkey, a dominant garment exporter, is becoming increasingly expensive due to surging <\/strong><strong>labor and energy costs. <\/strong>We are seeing a significant trend of Turkish manufacturers relocating their operations to Egypt to maintain price competitiveness, bringing industrial expertise and established businesses. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>China is pivoting toward high-value-added sectors<\/strong> \u2014 like automotive, electronics, and mobile technology \u2014 bringing up their labor costs. This shift is pricing them out of the basic garment export market. Consequently, global buyers and manufacturers are looking for the next viable hub, and Egypt is increasingly becoming the preferred destination for that displaced production. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This competitive edge is further sharpened by instability in Bangladesh<\/strong>, a favorable US tariff status, and the Red Sea shipping crisis, which has turned Egypt\u2019s geographic proximity to Europe into a strategic necessity for brands fleeing the high costs and lengthy delays of Far East logistics.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It must be noted that the ongoing regional war will inevitably cause incoming <\/strong><strong>investments to slow down<\/strong>, but the wave is there. Egypt\u2019s goal of raising textile and garment exports to USD 12 bn by 2031 remains achievable in terms of capacity and financing, provided that factories continue coming into Egypt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: What steps should the government take to help the sector reach this export target and <\/strong><strong>beyond?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: Reaching our export potential depends on two pillars: transparency and efficiency.<\/strong> First, the export incentive program must move beyond being a theoretical framework on paper. For manufacturers to accurately factor incentives into their costing, they need a system that is both clear and liquid. Second, the state must prioritize streamlining bureaucratic hurdles, specifically by fast-tracking factory licensing and establishment procedures to keep pace with the current influx of international demand.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: How would you characterize Egypt\u2019s competitive advantage in the sector?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: Egypt\u2019s competitive edge is built on three strategic pillars. <\/strong>Foremost is our extensive network of preferential trade agreements, which grant Egyptian garments dutyfree access to the world\u2019s highest-spending markets. This regulatory advantage is bolstered by a highly competitive labor cost structure and a track record of operational stability. In a global market currently defined by volatility, this combination of cost efficiency and reliability is exactly what provides international buyers with the long-term certainty they require.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: What markets should Egypt focus on to achieve these export goals?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: To scale our exports, we must adopt a dual-track strategy. <\/strong>Traditionally, Egypt has focused on \u201cstructured retail,\u201d supplying global giants like Zara, H&M, and Walmart. These brands place specific orders, and Egyptian manufacturers produce to those exact specifications. This is a well-established channel for Egypt and will remain important. But the real untapped market lies in the \u201cunstructured retail\u201d markets across Africa and some parts of Asia. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>These markets are driven by wholesalers and traders rather than large brands.<\/strong> Instead of fulfilling pre-defined orders, manufacturers develop their own product lines, and buyers select what they want directly. Turkey and China were market leaders banking on affordable sourcing, but as those hubs become increasingly cost-prohibitive, a significant supply gap has emerged. By positioning ourselves as the new source alternative, we can capture a massive share of the trade.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: How are the current exchange rate fluctuations affecting exporters\u2019 pricing strategy?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO:<\/strong> <strong>There is a common misconception that EGP volatility is an inherent boon for the <\/strong><strong>export sector. <\/strong>While a stronger USD theoretically boosts competitiveness, the reality is more nuanced: domestic inflationary pressures \u2014 specifically in labor and logistics costs \u2014 quickly catch up, neutralizing the exchange rate advantage. While a flexible, market-driven rate is an understandable necessity, currency stability is far more valuable for long-term pricing strategies than a fluctuating, devalued EGP. Ultimately, when your operational costs are climbing in tandem with the exchange rate, it is far from a windfall.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: Besides everything we\u2019ve already discussed, what are the biggest challenges facing <\/strong><strong>the sector now?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: The primary bottleneck remains access to finance. <\/strong>Local banks have historically been conservative toward the textile sector, failing to keep pace with its current growth potential. We need the banking sector to shift from a negative outlook to a more cooperative, sector-specific focus that prioritizes high-growth exporters. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Beyond financing, while worker training is often a factory-level responsibility, a true leap in productivity requires a centralized state strategy.<\/strong> We need only look at Bangladesh \u2014 which has a dedicated Textiles Ministry \u2014 to see the impact of total institutional alignment. If we view this industry as a strategic priority, that commitment must be reflected in specialized vocational schools, training units, and a unified policy focus.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: Local exports got a two-year exemption from the EU\u2019s Carbon Border Adjustment <\/strong><strong>Mechanism (CBAM). While the carbon tax will initially target energy-intensive manufacturers, it\u2019s also been considered an upcoming threat to garments. Will this affect Egypt\u2019s export ambitions? <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: CBAM is a fast-approaching regulatory reality.<\/strong> While the garment sector may not face immediate penalties today, we are in a critical three-year transition window. Currently, a sustainable setup serves as a competitive advantage, but within the next 24-36 months, it will become mandatory.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Exporters must move beyond greenwashing and implement verifiable compliance <\/strong><strong>measures <\/strong>\u2014 like advanced water treatment, energy reduction, and the adoption of the <a target=\"_blank\" href=\"https:\/\/bettercotton.org\/\" style=\"\">Better Cotton Initiative (BCI)<\/a>. Even our most prestigious export, cotton, is under the microscope. I can confirm that global brands are already signaling that without BCI certification and a clear sustainability roadmap, even premium Egyptian cotton will eventually be locked out of the European market. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E: Will the recent increases in local energy costs affect the margins of garment <\/strong><strong>companies?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WO: The recent fuel hikes present a nuanced challenge for the sector. <\/strong>While garment manufacturing itself is not energy-intensive, the logistical overhead of transporting a labor-intensive workforce is a major pressure point. We are seeing a 30-35% surge in worker transport costs \u2014 an expense typically borne by the employer \u2014 which immediately compresses margins.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The upstream effects on energy-intensive segments like spinning, weaving, and dyeing <\/strong><strong>will eventually impact garments\u2019 final cost structure. <\/strong>For exporters, however, this is less a structural threat and more a global reality \u2014 as energy costs rise for our international competitors, the playing field remains relatively level. The real squeeze will be felt by local market manufacturers who lack the natural hedge of hard-currency revenues to absorb these rising operational costs.<\/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\/industry\/\">industry<\/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=\"691701\" 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\/2026\/04\/05\/691701\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-691701\" class=\"content-area-description single-story post-691701 post type-post status-publish format-standard hentry category-the-enterprisepm-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 ENTERPRISEPM 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;\">\ud83d\uddd3\ufe0f APRIL<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>31 March (Tuesday) - 5 April (Sunday): Cuban artist <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/artistmaria.maher\/\" style=\"\">Maria Maher\u2019s exhibition<\/a><\/span><span> at New Cairo\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/maison69store\/\" style=\"\">Maison69<\/a><\/span><span style=\"font-weight:400;\"> at Garden 8.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>3-6 April (Friday-Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DWeGN8-iDsm\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Kony Spring shopping experience<\/a><\/span><span style=\"font-weight:400;\"> at Arkan Plaza, Sheikh Zayed.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>6-7 April (Monday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tazkarti.com\/#\/e\/1805\" style=\"\">Omar Khairat<\/a><\/span><span style=\"font-weight:400;\"> at Cairo Opera House Main Hall.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7 April (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/beyondvangoghegypt.com\/\" style=\"\">Beyond Van Gogh: The Immersive Experience<\/a><\/span><span style=\"font-weight:400;\"> at District 5 by Marakez in New Cairo. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>8 April (Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/cairojazzclub.ticketsmarche.com\/en\/buy-step-1.html\" style=\"\">Black Theama<\/a><\/span><span style=\"font-weight:400;\"> at CJC 610.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 April (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/62f3fd4c-ced3-4ae8-97b1-b3c09be14acd?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQMMjU2MjgxMDQwNTU4AAGn-gm_7jq3VCt2QUu3U68hdJlWa9EUMD7SXDmC3DVgnJ-qLdUsF0W8qLbWm0c_aem_xa-PDBPOEWZADqhOxrgdSg\" style=\"\">Burna Boy<\/a><\/span><span style=\"font-weight:400;\"> at Festival Plaza, El Gouna. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>11 April (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/reel\/DWeKY1zDKX1\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Cairo Flea Market<\/a><\/span><span style=\"font-weight:400;\"> at Ghurnata Community Space, Heliopolis. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>12 April (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/Backyard_Festival_Vol_8201\" style=\"\">Backyard Festival: Tamer Hosny and French Montana<\/a><\/span><span style=\"font-weight:400;\"> at Azha Ain El Sokhna. <\/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;\">13 April (Monday): Sham El Nessim. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>13 April (Monday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DWZpGhTCNmD\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Sharmoofers<\/a><\/span><span style=\"font-weight:400;\"> at Soho Square, Sharm El Sheikh. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tazkarti.com\/#\/e\/1822\" style=\"\">Amr Selim<\/a><\/span><span style=\"font-weight:400;\"> at Small Theatre, Cairo Opera House.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/Tul8te_Live_in_Alexandria_8193\" style=\"\">Tul8te<\/a><\/span><span style=\"font-weight:400;\"> at Al Ittihad Alexandria Club, Alexandria. <\/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;\">24 April (Friday): Daylight saving time begins.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/Medhat-saleh_8189\" style=\"\">Medhat Saleh<\/a><\/span><span style=\"font-weight:400;\"> at Ewart Memorial Hall, AUC Tahrir Square. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 April (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.eventlyae.com\/en\/events\/cmn4lzfnv0002wpk85q1v197s\" style=\"\">Marwan Pablo<\/a><\/span><span style=\"font-weight:400;\"> at Music Arena in Antoniads, Alexandria.<\/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;\">25 April (Saturday): Sinai Liberation Day. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 April (Sunday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/tazkarti.com\/#\/events\/category\/95\" style=\"\">The Marketers League<\/a><\/span><span style=\"font-weight:400;\"> at The Grand Egyptian Museum. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>27 April - 2 May (Monday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DWeF2NxjL47\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Alexandria Short Film Festival<\/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 style=\"font-weight:700;\">MAY<\/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;\">1 May (Friday): Labor Day. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1-2 May (Friday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DWPHpZVCM73\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Cotzl\u2019s Step Into the Light bazaar<\/a><\/span><span style=\"font-weight:400;\"> at Al Horreya Garden, Zamalek. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 May (Thursday-Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.instagram.com\/p\/DQt5i4CDPxw\/?utm_source=ig_web_copy_link&igsh=MzRlODBiNWFlZA==\" style=\"\">Sandbox Festival<\/a><\/span><span style=\"font-weight:400;\"> in El Gouna.<\/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;\">26 May (Tuesday): Arafat\u2019s Day.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>26 May (Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.livenation.me\/event\/andrea-bocelli-live-in-cairo-cairo-tickets-edp1652077?_gl=1*1yc7prf*_gcl_au*MTM4ODAzNTE4Ni4xNzcxNDI1MDI2*_ga*NzM2MDM5MTE3LjE3NzE0MjUwMjY.*_ga_YG4HQK6FGG*czE3NzE0MjUwMjUkbzEkZzAkdDE3NzE0MjUwMjUkajYwJGwwJGgxMjA4MTU0MzI1\" style=\"\">Andrea Bocelli<\/a><\/span><span style=\"font-weight:400;\"> at the City of Arts and Culture in the New Administrative Capital. <\/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;\">27-29 May (Wednesday-Friday): Eid El Adha (TBC).<\/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;\">JUNE <\/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;\">16 June (Tuesday): Islamic New Year.<\/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;\">30 June (Tuesday): June 30th Revolution.<\/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;\">JULY<\/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;\">23 July (Thursday): July 23rd Revolution 1952. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 July (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/f4a9412f-a660-4b1c-ab3a-9d9c52ca1430?utm_source=ig&utm_medium=social&utm_content=link_in_bio&fbclid=PAZXh0bgNhZW0CMTEAc3J0YwZhcHBfaWQMMjU2MjgxMDQwNTU4AAGnBzYfuqcM9PYLqJbbsZCQBpmsG7e1et8LyPp4T4RrKPeCLWjCBxPsLXlQazw_aem_n52JqQOboO9ObqSamn3HQQ\" style=\"\">Adriatique<\/a><\/span><span style=\"font-weight:400;\"> at the North Coast.<\/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;\">AUGUST <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>21 August (Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/d42c024a-96cd-447d-a666-b3f6ceff7055\" style=\"\">Black Coffee<\/a><\/span><span style=\"font-weight:400;\"> at Cubix North Coast.<\/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;\">25 August (Thursday): Prophet Muhammad\u2019s Birthday. <\/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;\">1-4 October (Thursday-Sunday): She Arts festival across Cairo and Alexandria.<\/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 (Tuesday): Armed Forces Day. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>24 October (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ticketsmarche.com\/event\/Blue_8037\" style=\"\">Blue 25th Anniversary Tour<\/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 style=\"font-weight:700;\">NOVEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>28 November (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ticketegypt.venflare.com\/events\/6f9c1782-c4d5-4f9a-b2b1-29372e2bdda9\" style=\"\">Shakira<\/a><\/span><span style=\"font-weight:400;\"> at the Pyramids of Giza.<\/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":691684,"template":"","categories":[],"tags":[],"class_list":["post-691683","afternoon","type-afternoon","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f4888bbc-1ebc-4d4e-9b25-0d5f09904ca7","teaser":"","photo_url":"https:\/\/ent.news\/2026\/1\/547.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>IFC Division Director Cheick-Oumar Sylla on what makes a great leader - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/afternoon\/ifc-division-director-cheick-oumar-sylla-on-what-makes-a-great-leader\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" 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