{"id":682336,"date":"2026-01-21T00:00:00","date_gmt":"2026-01-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=682336"},"modified":"2026-01-26T10:13:52","modified_gmt":"2026-01-26T10:13:52","slug":"gourmet-to-temporarily-list-400-mn-shares-on-the-egx-starting-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/01\/21\/gourmet-to-temporarily-list-400-mn-shares-on-the-egx-starting-today\/","title":{"rendered":"Gourmet to temporarily list 400 mn shares on the EGX starting today"},"content":{"rendered":"<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Good morning, wonderful people. <\/strong>We have a big issue for you on this very windy Cairo morning.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Up first: No more customs-free mobile phone for you. <\/strong>The Finance Ministry has rescinded a year-old ruling that granted Egyptians a once-every-three-years exemption from customs and taxes when they bring a new smartphone into the country. In personal terms, it\u2019s mildly annoying \u2014 and it\u2019s also very smart policy, wiping out a grey market in smuggled handsets. We have the full rundown on everything you need to know, whether you\u2019re a resident of Egypt, an Egyptian living abroad, here for a business trip, or coming in as a tourist.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Cabinet is going to get a lot of pushback on this <\/strong>\u2014 and while it sucks for us individually, we hope they stick to their guns.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>AND- A big warning to Planet Startup and anyone else who has incorporated in the <\/strong><strong>Netherlands in the last decade: <\/strong>A Dutch court just threw into question the big OCI Global \/ Orascom Construction merger. It\u2019s a transaction that\u2019s been widely cheered in MENA, but a Dutch judge thinks it smacks of conflict of interest \u2014 and that it might somehow inconvenience a retail shareholder who might *gasp* have to open an ADX brokerage account.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\">^^ We have the full rundown on these stories and more in this morning\u2019s news well, below.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>***<\/strong><\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\" rel=\"noopener\">WISH THIS MORNING\u2019S ISSUE was a podcast? We\u2019ve got you. Tap or click here<\/a><\/strong> to listen to Morning Drive, a 10-minute version of today\u2019s issue crafted for you to enjoy with your morning coffee, while getting the kids ready for school, <strong>or while stomping around the house wondering where the [redacted] you left your [redacted] reading glasses<\/strong>.<br \/>\n<strong>***<\/strong><\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>AND-<\/strong><strong> Gaze into your crystal ball and tell us \u2014 how do you feel about 20206?<\/strong> <a href=\"https:\/\/www.surveymonkey.com\/r\/D7K5RXP\" target=\"_blank\" rel=\"noopener\">Tap or click here<\/a> to take our annual EnterpriseAM Executive Sentiment Survey and let us know what you think about:<\/p>\n<ul>\n<li>Whether business conditions will improve in 2026;<\/li>\n<li>The biggest issue your business faces today;<\/li>\n<li>What you think AI will mean for your company;<\/li>\n<li>Where you see the EGP vs the USD this year;<\/li>\n<li>And more\u2026<\/li>\n<\/ul>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>PSA-<\/strong> <strong>Banks will be closed on Thursday, 29 January in observance of Police Day<\/strong>, the CBE <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02EQ5S51CoLDot7fkBcDWqtry4oumBYRFMXKc7UzHtmBCXekB1u1ByMpYvtEFozG4Tl\" target=\"_blank\" rel=\"noopener\">announced<\/a> yesterday. The public and private sectors will also be off for the day.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>WEATHER- <\/strong>Cairo is in for dusty winds and a 20% chance of rain. Look for the mercury to rise to 22\u00b0C with an overnight low of 15\u00b0C, according to our favorite weather app.<\/p>\n<p class=\"tag-border-left\">Happening today<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><a id=\"wwtt2\"><\/a> <strong>I<\/strong><strong>t\u2019s da<\/strong><strong>y three of the <\/strong><strong><a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/\" target=\"_blank\" rel=\"noopener\">World Economic Forum Annual Meeting<\/a><\/strong><strong> in Davos \u2014 <\/strong><strong>and President Abdel Fattah El Sisi<\/strong><strong> is set to take the stage. <\/strong>El Sisi has landed in Switzerland and is set to give a <a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/sessions\/special-address-by-abdel-fattah-el-sisi-president-of-egypt\/\" target=\"_blank\" rel=\"noopener\">special address<\/a> to forum attendees in just a few hours. Shortly after El Sisi takes the stage US President Donald Trump will deliver his <a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/sessions\/special-address-by-donald-j-trump-president-of-the-united-states-of-america-49a709be7a\/\" target=\"_blank\" rel=\"noopener\">special address<\/a> \u2014 which we\u2019re waiting with equal amounts of curiosity and apprehension.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>The two leaders are set to meet on the sidelines of the forum<\/strong>, according to an <a href=\"https:\/\/www.facebook.com\/Egy.Pres.Spokesman\/posts\/pfbid02mQsnouoafowQBYceGES2gBuVQ7Q5dAnUgFwbn99HKXiQkKYXQQE2JebqpwLciqTEl?__cft__[0]=AZbpQuDj6edVURiZ4J012H7zSDI5xX9mfTesmKDHt80nda4mAGxko-WLirFFXpoKtzdMdA12nsQBUp2-KHfzp-dUP63NRBc5WPIdEwvJvZM2-EPjUVvXXGcfYR0NOf_TQqsjhH4Tjh64VWP81j0ajzwTVOKL63QkvxrbToLFKgCARXDG6aN84-paFiHOe3v-bw8&amp;__tn__=%2CO%2CP-R\" target=\"_blank\" rel=\"noopener\">Ittihadiya statement<\/a>. We expect the two sides to discuss Trump\u2019s proposal to <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/18\/trump-throws-weight-behind-egypt-on-gerd-2\/\" target=\"_blank\" rel=\"noopener\">mediate<\/a> the resolution of the Egypt-Ethiopia GERD dispute.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>On day two of the forum, Investment Minister Hassan El Khatib took to <\/strong><strong><a href=\"https:\/\/www.bloomberg.com\/news\/videos\/2026-01-20\/egypt-trade-min-sees-opportunity-in-supply-chain-shifts-video\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a><\/strong><strong> to <\/strong><strong>plug the country\u2019s reform agenda<\/strong>, saying that \u201cthe numbers are telling, when you look at reserves, when you look at the remittances of Egyptians working abroad jumping from USD 18 bn last year to USD 37 bn, the reserves exceed USD 51 bn to date.\u201d El Khatib also pointed to inflation falling from a peak of 38% to 12.3% and efforts to promote the private sector.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Additionally, the minister argued that \u201cglobal trends and shifts in the supply chain [are] a positive <\/strong><strong>dynamic for Egypt<\/strong>,\u201d pointing to the country\u2019s geographic position between continents, freetrade agreements, and competitiveness.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>ON THE SIDELINES- <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0k7XHaXaMNCShvmyhnA6FzqKF1FBDiH8Tt8yAompEa2ftKivRPfmFbgsrSMeYLy3sl\" target=\"_blank\" rel=\"noopener\">El Khatib<\/a><\/strong><strong> and Finance Minister <\/strong><strong><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02nv8q75UcGyUKCUqNKpNnALcGQWUWrPW8CFKEZry24M4tLhEiiyMke77Wk7pekL41l\" target=\"_blank\" rel=\"noopener\">Ahmed Kouchouk<\/a><\/strong><strong> met with <\/strong><strong>ACWA Power CEO Marco Arcelli<\/strong>, who confirmed that ACWA has bid for three upcoming mega-desalination plants to be tendered under the Public-Private Partnership model in the coming weeks.<\/p>\n<p class=\"tag-border-left\">Happening tomorrow<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>The search for the perfect executive: <\/strong>Egyptian-Swiss Business Circle and SwissCham Egypt will host a webinar on the future of talent and leadership tomorrow featuring Boyden executives from Cairo and Zurich.The discussion will touch on how organizations in the Middle East and Europe are rethinking executive pipelines to identify \"tomorrow's leaders.\u201d The webinar will start at 10am and run until 11:30am. You can find the <a href=\"https:\/\/events.teams.microsoft.com\/event\/c720b826-b61d-4ca9-be5f-38dbb27077a8@dbc5915f-bca3-4990-bc41-524d0cdc750d\" target=\"_blank\" rel=\"noopener\">link to register<\/a> on SwissCham Egypt\u2019s LinkedIn.<\/p>\n<p class=\"tag-border-left\">Staying on target<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><a id=\"wwtt3\"><\/a> <strong>Egypt wants to boost financial inclusion among adults to 80% by FY <\/strong><strong>2029-30<\/strong>, up from the 76.3% rate recorded in the last fiscal year, according to a document from a government document seen by EnterpriseAM.<\/p>\n<p><strong>But the targets reveal a gro<\/strong><strong>wing discrepancy \u2014 progress for women <\/strong><strong>is<\/strong><strong> projected to grow at only half the speed of the general adult population.<\/strong> The target for women is set at 72% \u2014 coming into the system at a rate that\u2019s about half the speed of the general population. It\u2019s the same story for those aged 15-35, where the inclusion rate is projected to grow by 0.5 percentage points annually to 56.5% by the end of June 2030.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>MNT-Halan CEO Mounir Nakhla <\/strong><strong>tells us t<\/strong><strong>he gap is largely a paperwork problem.<\/strong> Women are often more intimidated by traditional bank branches, making the rollout of digital signatures an important milestone for closing the gap. In the microfinance space \u2014 where digital-first onboarding is more common \u2014 women already outpace men.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>** Nakhla took the stage only yesterday at Davos to talk about <\/strong><strong>Women at the Finance <\/strong><strong>Frontier. <\/strong>You can check out the session <a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2026\/sessions\/women-at-the-finance-frontier\/\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p class=\"tag-border-left\">Watch this space<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><a id=\"wwtt1\"><\/a> <strong>IPO WATCH \u2014 The EGX\u2019s listing committee approved the temporary listing of <\/strong><strong><a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/18\/we-received-eur-1-bn-from-the-eu-over-the-weekend-2\/\" target=\"_blank\" rel=\"noopener\">Gourmet<\/a><\/strong>, according to a <a href=\"https:\/\/ent.news\/2026\/1\/777.jpeg\" target=\"_blank\" rel=\"noopener\">bulletin<\/a>. Some 400 mn shares with a nominal value of EGP 0.25 will be listed on the bourse starting today, bringing the company\u2019s issued capital to EGP 100 mn.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Look for Gourmet shares to start trading next month <\/strong>under the ticket GOUR.CA. The temporary listing approval is a standard box-ticking procedure as our favorite grocer marches down the road to becoming a publicly traded company.<\/p>\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;\"><a id=\"wwtt4\"><\/a> <strong>SHIPPING \u2014<\/strong> <strong>CMA CGM is signalling caution about the return to the Red <\/strong><strong>Sea shipping lane<\/strong>, after it <a href=\"https:\/\/www.cma-cgm.com\/news\/5293\/fal-1-fal-3-and-mex-to-operate-via-the-cape-of-good-hope%5C\" target=\"_blank\" rel=\"noopener\">said<\/a> it will reroute vessels on its French-Asia Line 1, French-Asia Line 2, and Mediterranean Club Express back through the Cape of Good Hope. The company cited a \u201ccomplex and uncertain international context\u201d in its statement, but did not explain the exact drivers of the decision. Its Indamex Service, though, will continue going through the Suez Canal.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Why it matters: <\/strong>The decision, which comes after the French shipping giant tested Red Sea transits for the three affected services in 4Q 2025. Maersk has <a href=\"https:\/\/enterpriseam.com\/egypt\/2026\/01\/18\/we-received-eur-1-bn-from-the-eu-over-the-weekend-2\/\" target=\"_blank\" rel=\"noopener\">also returned to the canal<\/a>, we reported earlier this week, rerouting its MECL service connecting India and the Middle East to the US East Coast. It\u2019s not just security concerns that the big shipping lines weigh when they debate whether to reactivate or mothball a line \u2014 demand for many lines is already saturated, and bringing back fresh capacity out-of-step with demand could push freight rates down.<\/p>\n<hr style=\"height: 2px; border-width: 0; color: gray; background-color: gray;\" \/>\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: bold;\">Enterprise<\/b> daily<\/h4>\n<\/div>\n<\/div>\n<\/div>\n<\/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 class=\"btn-green px-3 d-flex align-items-center\" href=\"\/egypt\/en\/user\/NewsLetters\" target=\"_blank\" rel=\"noopener\" type=\"button \">Subscribe here<\/a><\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a href=\"https:\/\/enterprise.news\/ksa\/en\" target=\"_blank\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>, the <\/strong><strong><a href=\"https:\/\/enterprise.news\/uae\/en\" target=\"_blank\" rel=\"noopener\">UAE<\/a><\/strong><strong> and the <\/strong><strong><a href=\"https:\/\/enterprise.news\/mena-india\/en\" target=\"_blank\" rel=\"noopener\">MENA-India<\/a><\/strong><strong><a href=\"https:\/\/enterprise.news\/mena-india\/en\" target=\"_blank\" rel=\"noopener\">Corridor<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>** Were you forwarded this email?<\/strong> <a href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" target=\"_blank\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Is \u201cSell America\u201d back? <\/strong>A sharp selloff hit Wall Street last night, as US President Donald Trump stood his ground on plans to take over Greenland despite European opposition.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>All three Wall Street indices fell to their lowest since October<\/strong>, with the S&amp;P 500 down 2.1%. At the same time: The USD slid 0.9% against a basket of six peers, gold surged to a record high, and long-term US yields hit a four-month high.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Meanwhile, a historic rout in Japanese bonds<\/strong> <strong><a href=\"https:\/\/www.ft.com\/content\/68349aa9-9b4e-44a2-abd4-f1964308cf29\" target=\"_blank\" rel=\"noopener\">sent yields above 4%<\/a><\/strong> for the first time ever on concerns over the country\u2019s fiscal health, after Prime Minister Sanae Takaichi called for a snap election which could hand her a mandate to pursue stimulus plans, including the removal of a food sales tax.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>Adding fuel to the fire: <\/strong>Danish pension fund AkademikerPension said it will <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/danish-pension-fund-akademikerpension-to-exit-us-treasuries\" target=\"_blank\" rel=\"noopener\">exit<\/a> US Treasuries by the end of the month on the back of concerns that the current administration has created too many credit risks.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>What to watch:<\/strong> Trump will be landing in Davos today, where he is set to schedule a few meetings to discuss Greenland.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>ALSO- Netflix is tightening its screws in the Warner Bros takeover race: <\/strong>The streamer is converting its bid for Warner Bros. Discovery into an allcash offer, matching one key advantage offered by Paramount Skydance\u2019s Gulf-backed bid, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-01-20\/netflix-sweetens-warner-bros-terms-to-all-cash-in-bidding-war\" target=\"_blank\" rel=\"noopener\">Bloomberg<\/a> reports, citing a filing. Netflix had previously proposed USD 27.75 per share using a mix of banknotes and stock for Warner\u2019s studio and streaming assets. Investors are set to vote on the transaction in April.<\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2503.jpg?ssl=1\" \/><\/p>\n<p style=\"padding: 0; margin: 0; line-height: 1.15; orphans: 2; widows: 2; text-align: left;\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education.<\/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 look at what startups are doing to make last mile delivery more efficient.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, wonderful people. We have a big issue for you on this very windy Cairo morning. Up first: No more customs-free mobile phone for you. The Finance Ministry has rescinded a year-old ruling that granted Egyptians a once-every-three-years exemption from customs and taxes when they bring a new smartphone into the country. In personal [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":682337,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[68,72,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-682336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-egx","tag-enterpriseam","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"0587e90f-2d83-4370-8d67-b124c9924e20","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/1\/787.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Gourmet to temporarily list 400 mn shares on the EGX starting today","related_issue":[682334],"teaser":"","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"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>Gourmet to temporarily list 400 mn shares on the EGX starting today - 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\/2026\/01\/21\/gourmet-to-temporarily-list-400-mn-shares-on-the-egx-starting-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gourmet to temporarily list 400 mn shares on the EGX starting today\" \/>\n<meta property=\"og:description\" content=\"Good morning, wonderful people. We have a big issue for you on this very windy Cairo morning. Up first: No more customs-free mobile phone for you. The Finance Ministry has rescinded a year-old ruling that granted Egyptians a once-every-three-years exemption from customs and taxes when they bring a new smartphone into the country. 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