{"id":695842,"date":"2026-04-23T00:00:00","date_gmt":"2026-04-23T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=695842"},"modified":"2026-04-23T13:12:41","modified_gmt":"2026-04-23T13:12:41","slug":"us-navy-secretary-ousted-as-pentagon-leadership-clash-and-iran-blockade-intensify","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/23\/us-navy-secretary-ousted-as-pentagon-leadership-clash-and-iran-blockade-intensify\/","title":{"rendered":"US Navy secretary ousted as Pentagon leadership clash and Iran blockade intensify"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\ud83c\udf7f Good afternoon, friends, and hats off to you for making it to the weekend. <\/strong>It\u2019s been a busy week and we\u2019re looking forward to unwinding \u2014 that starts now. It\u2019s a quiet day at home, and today\u2019s issue is all about film and television as we sit down with <strong>French-Egyptian film director Namir Abdel Messeeh and<\/strong> <strong>take a look at Steve Carell\u2019s Rooster to see if it stuck the landing. <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>LONG WEEKEND ALERT-<\/strong> Prime Minister Mostafa Madbouly <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LXibbZvL85zEFU9mcqb2s6KHdQzaRxDDXRMsSqbdt29bwPnX8x4TBBcbRMZiftRTl\" style=\"\">announced<\/a> that Thursday, 7 May is an official holiday for the public and private sectors in observance of Labor Day, which falls on Friday, 1 May.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong>Don\u2019t forget to move your clocks 60 minutes forward at midnight as we welcome daylight saving time this Friday, according to a cabinet <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02g3F3NBq5XfDJ61pFVmuLAcR6EDmnUx8qppcAaqVYdLnPW4xicpjHgsoGfUSxytEcl\" style=\"\">statement<\/a>.<\/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>Leading the news this afternoon is the ousting of US Navy <\/strong><strong>Secretary John Phelan<\/strong>, Pentagon spokesman Sean Parnell revealed in an <a target=\"_blank\" href=\"https:\/\/x.com\/SeanParnellASW\/status\/2047064432564482188?s=20\" style=\"\">announcement<\/a> on X. The surprise departure comes amid leadership turmoil within the Pentagon and tension with Defense Secretary Pete Hegseth over shipbuilding reform efforts and leaders seen to be at odds with the Trump administration. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Pentagon continues to enforce a naval blockade on Iranian ports.<\/strong> As the US and Iran dominate headlines with ship seizures \u2014 even as ceasefire talks loom \u2014 Iran says it has received its first toll from vessels passing through the Strait of Hormuz. The Islamic republic continues to assert that re-opening the strait is impossible if the US blockade and Israel\u2019s \u201cwarmongering\u201d continue. Oil extends gains as strait restrictions push Brent prices up to over USD 101 a barrel and WTI prices to near USD 93 a barrel as of publication. <\/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.bbc.com\/news\/live\/c0mjev4kn9jt\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2026\/04\/22\/politics\/john-phelan-navy-secretary-leaving\" style=\"\">CNN<\/a>, and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/e2553227-d5d9-46dc-81c4-ca0066b13ad0?syn-25a6b1a6=1\" style=\"\">Financial Times<\/a>.<\/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\"><a href=\"https:\/\/sub.ent.news\/menaplus\/\" target=\"_blank\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1016.jpg?ssl=1\"\/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meet EnterpriseAM MENA+<\/strong>, our new flagship newsletter covering the flows of capital, people, and ideas across the Middle East \u2014 and beyond it.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MENA+ covers AI and tech <\/strong>\u2014 and geopolitics, the war for talent, which BSD is on top (and who's gunning for them), the changing energy economy, new corridors to India and China, and much, much more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What's with the \"+\" in MENA+? <\/strong>We think one of the most powerful stories in the region is the *export* of ideas and capital not just to neighboring regions (Asia, the Stans) but to international financial centers. MENA countries are jockeying for position in the new global economy now taking shape, and we're going to shape that conversation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Tap or click here to get your own copy delivered to your inbox<\/strong> every Monday, Wednesday, and Friday at 12pm UAE | 11am KSA | 10am Egypt.<\/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<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>Finance Minister Ahmed Kouchouk presented the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/23\/govt-targets-fiscal-balance-in-egp-5-1-tn-fy-2026-27-budget\/\" style=\"\">FY 2026\/27<\/a><\/strong><strong> budget to the House of the Representatives<\/strong>, targeting EGP 4 tn in total revenue \u2014 up 29% y-o-y \u2014 and EGP 5.1 tn in expenditures, up almost 11%. An overall deficit of 4.9%, down from 6.1%, is projected at the end of the current fiscal year;<\/li>\n<li><strong>A consortium led by b\u2019naire Samih Sawiris<\/strong> is investing <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/23\/sawiris-led-consortium-starts-rebuilding-eur-200-mn-moroccan-mogador-resort\/\" style=\"\">EUR 200 mn<\/a> (c.USD 215 mn) to kick off the first phase of rebuilding the long-stalled Mogador resort in Morocco;<\/li>\n<li><strong>CapitalMed is heading toward a 25% float of its shares on the EGX in 2Q 2026<\/strong>, targeting an <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/04\/23\/capitalmed-preps-egp-2-bn-ipo\/\" style=\"\">EGP 2 bn raise<\/a>. The 144-acre integrated medical complex in Badr City is being developed by Hassan El Kalla\u2019s Egyptians for Healthcare Services. The move would value the preprofit venture at roughly EGP 8 bn at listing.<\/li>\n<\/ul>\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> Temperatures are back on the up in Cairo, with a high of 30\u00b0C and a low of 19\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ud83c\udf7f Good afternoon, friends, and hats off to you for making it to the weekend. It\u2019s been a busy week and we\u2019re looking forward to unwinding \u2014 that starts now. It\u2019s a quiet day at home, and today\u2019s issue is all about film and television as we sit down with French-Egyptian film director Namir Abdel [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":695843,"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":[7213],"tags":[633,716,89,12652,7263,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-695842","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-iran","tag-israel","tag-usa","tag-war","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"f1901312-d88a-4586-9271-5926d4414610","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/4\/1213.jpg","photo_position":"above","homepage_title":"","full_issue_title":"US Navy secretary ousted as Pentagon leadership clash and Iran blockade intensify","related_issue":[695840],"teaser":""},"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>US Navy secretary ousted as Pentagon leadership clash and Iran blockade intensify - 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\/04\/23\/us-navy-secretary-ousted-as-pentagon-leadership-clash-and-iran-blockade-intensify\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US Navy secretary ousted as Pentagon leadership clash and Iran blockade intensify\" \/>\n<meta property=\"og:description\" content=\"\ud83c\udf7f Good afternoon, friends, and hats off to you for making it to the weekend. 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