{"id":676164,"date":"2025-11-25T00:00:00","date_gmt":"2025-11-25T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/25\/jet2-com-to-operate-direct-flights-to-egypt-starting-2027\/"},"modified":"2025-11-25T00:00:00","modified_gmt":"2025-11-25T00:00:00","slug":"jet2-com-to-operate-direct-flights-to-egypt-starting-2027","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/11\/25\/jet2-com-to-operate-direct-flights-to-egypt-starting-2027\/","title":{"rendered":"Jet2.com to operate direct flights to Egypt starting 2027"},"content":{"rendered":"

Good morning, friends. <\/strong>We have another brisk issue for you this morning as we inch closer to closing out November and kicking off the last month of 2025. We lead today\u2019s issue with investment news, with sources telling us that the Madbouly government could soon award the redevelopment of the former National Democratic Party headquarters to a Qatari-Egyptian consortium. <\/p>\n

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PSA- <\/p>\n

<\/a> WEATHER- <\/strong>It\u2019s another cool day in Cairo, with a high of 25\u00b0C and a low of 16\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a little cooler in Alexandria<\/strong>, with a high of 23\u00b0C and a low of 15\u00b0C.<\/p>\n

SUKUK WATCH- <\/p>\n

<\/a> Weekly sukuk roundup:<\/strong> The yield to maturity on our February 2026 sovereign sukuk rose to 6.76% last Friday, up from 6.35% the week before, according to the Egyptian Financial Company for Sovereign Taskeek\u2019s weekly report (pdf)<\/a>. Egyptian sovereign sukuk prices slipped to USD 101.03 compared to USD 101.22 a week earlier.<\/p>\n

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CIRCLE YOUR CALENDAR- <\/p>\n

<\/a> British carrier <\/strong>Jet2.com<\/a><\/strong> will begin operating direct flights to Egypt<\/strong> starting February 2027, according to a cabinet statement<\/a>. The airline will operate 14 weekly flights from several British cities to Sharm El Sheikh and Hurghada.<\/p>\n

Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n

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THE BIG STORY ABROAD-<\/p>\n

US markets started the week in a sea of green<\/strong>, buoyed by increased odds of a December rate cut that took investors\u2019 minds off AI bubble fears. The Nasdaq rose 2.69% \u2014 its best day since May \u2014 on strong Alphabet and Nvidia gains, while the Dow was up 0.44% yesterday and the S&P 500 inched up 1.55%. (Reuters<\/a> | CNBC<\/a>)<\/p>\n

Not everyone is bullish: <\/strong>The \u201cBig Short\u201d investor Michael Burry used the first post in his newly launched paid-subscription newsletter Cassandra Unchained<\/a> to warn AI\u2019s inflated valuations<\/a> could be leading to a dot-com-like bubble down the road. Burry has reportedly placed a USD 1.1 bn wager against AI\u2019s poster children Nvidia and Palantir.<\/p>\n

What he said: <\/strong>\"The five public horsemen of today's AI boom \u2014 Microsoft, Google, Meta, Amazon and Oracle \u2014 are joined by several adolescent startups in promising nearly USD 3 tn in spending on AI infrastructure over the next 3 years. [...] And once again there is a Cisco at the center of it all, with the picks and shovels for all and the expansive vision to go with it. Its name is Nvidia.\u201d (Reuters<\/a> | CNBC<\/a> | Bloomberg<\/a>)<\/p>\n

AND- <\/strong>US President Donald Trump kicked off the process of labeling several Muslim Brotherhood branches \u2014 including those in Egypt, Lebanon, and Jordan \u2014 as foreign terrorist organizations and specially designated global terrorists, according to a new White House executive order<\/a> issued Monday. The order says it \u201csets in motion a process by which certain chapters \u2026 shall be considered for designation\u201d under US counterterrorism laws, citing what it describes as a \u201ctransnational network\u201d whose activities \u201cthreaten the security of American civilians.\u201d (Reuters<\/a> | Bloomberg<\/a> | France 2<\/a>4<\/a>)<\/p>\n

ALSO- US domestic politics are taking center stage:<\/strong> Headlines are dominated by a federal judge\u2018s dismissal of indictments against former FBI director James Comey and New York Attorney General Letitia James, the latest judicial rebuke for the Trump administration\u2019s attempts to resort to the criminal justice system to target opponents. (CNN<\/a> | Washington Post<\/a> | NY Times<\/a> | Associated Press<\/a>)<\/p>\n

ALSO WORTH READING THIS MORNING-<\/strong><\/p>\n