{"id":669414,"date":"2025-08-03T00:00:00","date_gmt":"2025-08-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/energos-force-rsfu-docks-in-jordan\/"},"modified":"2025-08-03T00:00:00","modified_gmt":"2025-08-03T00:00:00","slug":"energos-force-rsfu-docks-in-jordan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/08\/03\/energos-force-rsfu-docks-in-jordan\/","title":{"rendered":"Energos Force RSFU docks in Jordan"},"content":{"rendered":"

We\u2019<\/strong>re fast approaching<\/strong> peak summer, friends<\/strong>, and that\u2019s reflected in an unusually quiet Sunday morning here in Egypt. It\u2019s enough to make us wonder: Should we follow in the footsteps our neighbors on the other side of the Med and just \u2026 take August off? <\/p>\n

Yes, it helps that they have more vacation days.<\/strong> It strikes us that it just makes good sense from a business point of view to more overtly embrace a quiet month of August. <\/p>\n

(Fast fact: Egyptian workers get slightly less paid time off than many European workers.<\/strong> Employees here get 21 workdays as the baseline \u2014 a figure that rises to 30 for anyone who has been socially insured for a decade or more. Denmark gives everyone five weeks of paid leave \u2014 on top of national holidays \u2014 while Austria hands out 25 days of paid vacation per year and 13 national holidays. The average worker in France gets five weeks of paid time-off plus 11 national holidays. Sure, we have a few more national holidays, but\u2026)<\/p>\n

What news we have this morning is good: <\/strong>A draft of the Finance Ministry\u2019s new tax policy framework suggests we\u2019re not going to be hit with new taxes. We appear to have dodged the worst of Donald Trump\u2019s tariff tantrum. And there\u2019s plenty of inbound Chinese investment. We have the full rundown below. <\/p>\n

BUT FIRST- We spent a quiet weekend pondering the health of the US economy <\/strong>(see Big Story Abroad, below), down-in-the-dumps about the resident 18-Year-Old\u2019s imminent departure for college abroad, and low-key freaking out about AI. <\/strong>Our weekend reading did little to assuage our malaise, though cooling mercury and lots of sunshine helped. <\/p>\n

From our weekend AI reading list: <\/strong>AI is coming for consulting, and McKinsey is freaking out<\/a>, the Wall Street Journal warns us. Smart folks are starting to get really worried not just about the safety of our jobs, but about whether we can even trust AI not to kill us<\/a>. Per Bloomberg \u201cWould a chatbot kill you if it got the chance? It seems that the answer \u2014 under the right circumstances \u2014 is probably.\u201d And over in the pages of the FT, novelists are losing it<\/a>, worrying about the future of creativity in a gen AI world.<\/p>\n

Palate cleanser: Samuel L. Jackson in a <\/strong>delightfully profane ad<\/a><\/strong> for wind energy player Vattenfall.<\/p>\n

PSA- <\/p>\n

WEATHER- The mercury is cooling significantly starting today<\/strong>, with a high of 34\u00b0C and a low of 25\u00b0C forecast for Cairo, according to our favorite weather app.<\/p>\n

You can expect it to be even cooler in Alexandria<\/strong>, with a high of 32\u00b0C and a low of 24\u00b0C.<\/p>\n

NEWS TRIGGERS-<\/p>\n

It\u2019s the first work day o<\/strong>f<\/strong> August<\/strong> \u2014 here are the key news triggers to keep your eyes on this month:<\/p>\n