{"id":689921,"date":"2026-03-26T00:00:00","date_gmt":"2026-03-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=689921"},"modified":"2026-03-26T03:53:20","modified_gmt":"2026-03-26T03:53:20","slug":"egyptian-urea-output-holds-steady-despite-gas-squeeze-for-now-at-least","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/03\/26\/egyptian-urea-output-holds-steady-despite-gas-squeeze-for-now-at-least\/","title":{"rendered":"Egyptian urea output holds steady despite gas squeeze \u2014 for now at least"},"content":{"rendered":"

Good morning,<\/strong> friends. <\/strong>We hope you\u2019re staying warm as we push through this cold snap and welcome the weekend. <\/p>\n

In today\u2019s issue <\/strong>we look at what the Finance Ministry has in store to ease listing anxiety, how local airlines are dealing with the recent rise in jet fuel prices, and more. <\/p>\n

***<\/strong><\/p>\n

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, or while stomping around the house wondering where the [redacted] you left your [redacted] reading glasses.<\/strong>***<\/strong><\/p>\n

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Watch this space<\/p>\n

<\/a> Urea production is keeping pace, and April cargo sales are still being booked<\/strong>, signaling stable supply despite tighter gas availability, urea producers told energy and commodities price reporting agency Argus Media<\/a>. Producers have so far avoided disruptions even after Israel halted gas exports \u2014 equivalent to roughly one LNG cargo every four days. The government has mitigated the impact by securing limited LNG shipments and curbing domestic energy demand, opting for conservation over buying at high spot prices.<\/p>\n

But looking ahead, producers \u201cacknowledge that the industry is not fully insulated from <\/strong>wider gas management policies<\/strong>,\u201d with the possibility that output could fall if energy supply pressures persist.<\/p>\n

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Tour<\/strong>ists will still be able to enjoy restaurants, malls, and cafes past the 9pm <\/strong>curfew<\/strong>, after Tourism Minister Sherif Fathy said<\/a> the recently-imposed curfew for commercial activity<\/a> does not apply to tourism destinations, which will continue to operate normally. He named Hurghada, Marsa Alam, Luxor, Aswan, and Sharm El Sheikh among the destinations unaffected by the curfew, as well as restaurants that cater to tourists all over the country. <\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

** DID YOU KNOW that we cover <\/strong>Saudi Arabia<\/a><\/strong>, the <\/strong>UAE<\/a><\/strong>,<\/strong> and the <\/strong>MENA-India<\/a><\/strong>Corridor<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email?<\/strong> Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n

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Data point<\/p>\n

<\/a> 9.8 mn tons \u2014 that\u2019s how much wheat the country is expected to<\/strong> produce<\/strong> over the upcoming 2026\/27 marketing year<\/strong>, which starts in July, up 6.5% y-o-y, according to a report (pdf)<\/a> from the US Department of Agriculture. The jump is attributed to an expected expansion in harvested areas, estimated at 1.5 mn hectares, up from 1.3 mn hectares in the previous season, thanks to higher wheat procurement prices from the government.<\/p>\n

Despite the welcome jump in expected domestic production, local demand is, of course,<\/strong> still significantly behind local production. <\/strong>With local market demand seen reaching 20.3 tons for the 12-month period starting in the second half of the calendar year, 12.5 mn tons of exported wheat is expected to plug the demand gap. While this will likely mark the country as the world\u2019s largest wheat importer for another year, it is nonetheless down 1.6% y-o-y.<\/p>\n

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<\/a> <\/p>\n

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PSAs<\/p>\n

<\/a> Catching a flight outta Egypt today? EgyptAir suggests you should arrive <\/strong>early at the airport <\/strong>due to the stormy weather we\u2019re witnessing. For international flights, the flag carrier suggests passengers arrive four hours before departure and three hours for domestic flights, it said in a statement<\/a>.<\/p>\n

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Setting the record straight <\/strong><\/p>\n

Curfews, a day off<\/strong>, and school <\/strong>suspension all<\/strong> false <\/strong>rumors<\/strong>: <\/strong>The Madbouly government has denied<\/a> rumors regarding a curfew on public roads, giving state and private sector employees the day off, and a 15-day school suspension. The government clarified that these claims are baseless.<\/p>\n

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WEATHER- Cairo is in store for another rainy day today<\/strong>, with a few showers in the morning, along with a high of 21\u00b0C and a low of 12\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s a mostly sunny day in Alexandria<\/strong>, with a high of 20\u00b0C and a low of 12\u00b0C.<\/p>\n

And over the weekend, <\/strong>expect to see the rain subside and temperatures climb to 29\u00b0C by Saturday in the capital and to 27\u00b0C in Alexandria.<\/p>\n

\n

The big story abroad<\/p>\n

Washington <\/strong>maintains<\/a><\/strong> that <\/strong>peace talks with Iran are ongoing<\/strong>, despite Tehran roundly rejecting the ceasefire proposal put forward by the Trump administration. The Islamic Republic is reportedly looking to secure assurances that the US-Israeli assault will not resume, reparations for war-related damage, and recognition of its authority over the Strait of Hormuz. <\/p>\n

Meanwhile, in the world of social media: <\/strong>Meta and Google were found liable<\/a> for creating social media platforms harmful to teenagers. The plaintiff claimed that using YouTube and Instagram caused them anxiety, depression, and body dysmorphia. Social media companies now face USD bns of litigation risk as this case provides a roadmap for future claims regarding platform safety and minor well-being.<\/p>\n

And on Wall Street: <\/strong>US investment bank Jefferies Financial Group failed<\/a> to meet analysts\u2019 estimates for 1Q 2026, despite seeing its net income rise 22% y-o-y. Its biggest losses were attributed to private credit mishaps related to Market Financial Solutions and First Brands Group. Despite the turmoil stemming from the war on Iran, Jefferies execs still expect robust M&A and IPO activity and dealmaking in 2026. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. We hope you\u2019re staying warm as we push through this cold snap and welcome the weekend. In today\u2019s issue we look at what the Finance Ministry has in store to ease listing anxiety, how local airlines are dealing with the recent rise in jet fuel prices, and more. *** WISH THIS MORNING\u2019S […]<\/p>\n","protected":false},"author":1,"featured_media":689922,"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":[12573],"tags":[317,93,72,99,91,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-689921","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-10","tag-commodities","tag-energy","tag-enterpriseam","tag-fertilizers","tag-oil-and-gas","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"e5fe98d8-2806-48c2-aca7-02b505870861","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/3\/1236.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Local urea output holds steady despite gas squeeze","related_issue":[689919],"teaser":""},"yoast_head":"\nEgyptian urea output holds steady despite gas squeeze \u2014 for now at least - 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\/03\/26\/egyptian-urea-output-holds-steady-despite-gas-squeeze-for-now-at-least\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egyptian urea output holds steady despite gas squeeze \u2014 for now at least\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. 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