{"id":703844,"date":"2026-05-19T00:00:00","date_gmt":"2026-05-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/19\/cabinet-mandates-wfh-sundays-for-private-and-public-sectors-in-april-to-cut-down-energy-use-2\/"},"modified":"2026-05-19T00:00:00","modified_gmt":"2026-05-19T00:00:00","slug":"cabinet-mandates-wfh-sundays-for-private-and-public-sectors-in-april-to-cut-down-energy-use-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/19\/cabinet-mandates-wfh-sundays-for-private-and-public-sectors-in-april-to-cut-down-energy-use-2\/","title":{"rendered":"Cabinet mandates WFH Sundays for private and public sectors in April to cut down energy use"},"content":{"rendered":"

Good morning, friends<\/strong> and welcome to a new workweek. <\/strong>We are still trying to register the reality of Cairo going to sleep at 9pm after shops and restaurants turned off their lights and shut their doors early last night in line with government directives that aim to reduce energy use. <\/p>\n

<\/a> Starting next Sunday, both the private and public sector will be<\/strong> working from home on Sundays for the month of April <\/strong>in an effort to help ease the strain on energy supplies by cutting down on consumption, Prime Minister Mostafa Madbouly said in a televised presser<\/a> yesterday. But \u201cIf the current regional crisis continues, the possibility of adding another day will be studied,\u201d he added. <\/p>\n

By the numbers: <\/strong>Egypt\u2019s energy import bill will reach USD 2.5 bn this month, up from USD 1.5 bn in February and USD 1.2 bn in January. \u201cWe have no way but to reduce this bill through rationalizing consumption, which is a shared responsibility that falls on the government and the citizen together to realize the magnitude of the challenge,\u201d argued Madbouly.<\/p>\n

Several sectors and places of work will be exempt from the ruling<\/strong>, including factories, public services, water stations, gas stations, water treatment stations, and hospitals. Schools and universities will also not be included in the system.<\/p>\n

What\u2019s still unclear to us: <\/strong>What about other companies (and state agencies) with units that can only do their jobs at a place of business? Most corporate bankers? WFH is easy. Tellers in the branches? Not so much. Will branches be open a week from today? What about the Registry Office? We\u2019ve all got a week to work-out these kinds of questions, and we\u2019ll report back as we get answers. <\/p>\n

Our take: The longer the war in the Gulf continues, the worse the energy crunch <\/strong>will be here in Egypt. It\u2019s a really good time to start planning for how you\u2019ll do business this summer if additional WFH days are joined by rolling blackouts. <\/p>\n

The bottom line: We, as a nation, have a PhD in crisis management. <\/strong>We did everything right this time \u2018round, and we\u2019re still being squeezed. After two revolutions, innumerable past energy crises, and a few devaluations? Y\u2019all know what to do. Time to start planning.<\/p>\n

REMEMBER- <\/strong>The announcements build on a decision last week<\/a> to close shops, malls, restaurants, and cafes at 9pm on weekdays and 10pm on Thursdays and Fridays starting this week. It was also decided that illuminated roadside billboards will be turned off, street lighting reduced to \u201cminimum safe levels,\u201d and government buildings in the New Capital shut down at 6pm. The government also laid out its intention to delay or slow diesel-intensive national projects and freeze or postpone select budget expenditures to preserve liquidity and manage fuel consumption.<\/p>\n

The state has also directed that fuel allocations for government vehicles be reduced by<\/strong> 30%<\/strong> to reduce consumption and costs.<\/p>\n

AND- Rising global fuel costs filtering down into railway ticket prices and select Cairo <\/strong>Metro fares<\/strong>, according to a Transport Ministry statement<\/a>. Long-distance train tickets will increase by 12.5%, while short-distance fares will jump 25% and Metro ticket prices for trips up to 16 stations have risen EGP 2. <\/p>\n

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In today\u2019s issue: <\/strong>The Madbouly government targets a EGP 1.2 tn primary surplus for the upcoming fiscal year and a debt-to-GDP ratio of 78%; our next IMF review is scheduled for 15 June, and privatization progress is high up on the Fund\u2019s agenda; and we\u2019re among the most vulnerable EBRD nations to ongoing regional war. <\/p>\n

^^ Read more in the news well, below. <\/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

Watch this space<\/p>\n

<\/a> MARITIME \u2014 Could the Houthis entrance into the war see vessels in the Bab Al<\/strong> Mandab Strait be targeted next? <\/strong>After having not been absent militarily for the first month of the conflict, the group launched two attacks on Israel yesterday and spokesperson Yahya Saree indicated in a statement<\/a> that they would continue until \u201cthe criminal enemy ceases its attacks on the region.\u201d <\/p>\n

While Israel seems to be the sole target for now, policymakers will likely be concerned <\/strong>that the group will resume its attacks on passing vessels<\/strong> making their way to and from the Suez Canal. Even if maritime attacks do not materialize, the Houthi\u2019s active involvement in the war will likely further ward off shipping lines from the region and push up war ins. premiums.<\/p>\n

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TOURISM \u2014 <\/strong>Cairo <\/strong>gets its flowers on 2026 list of 50 best cities worldwide: <\/strong>UK-based magazine Time Out placed Cairo on the 42nd spot on its list<\/a> of 50 best cities in the world in 2026. The outlet singled out the metropolis\u2019 vibrant cuisine, nightlife, and impressive accommodations, as well as the Grand Egyptian Museum.<\/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> 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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Happening today<\/p>\n

<\/a> For<\/strong>eign M<\/strong>iniste<\/strong>r Badr Abdelatty in Islamabad to discuss the war in Iran with<\/strong> his counterparts from Pakistan, Saudi Arabia, and Turkey<\/strong>, according to a ministry statement<\/a>. The ministerial talks discuss a \u201crange of issues, including efforts to de-escalate tensions in the region,\u201d Pakistan;s Foreign Ministry said in a statement<\/a>.<\/p>\n

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Data point<\/p>\n

12.4% \u2014 that\u2019s how much the banking sector clocked in net income in 2025<\/strong>, coming in at EGP 601.6 bn, according to data released by the central bank. Total banking assets grew to EGP 24.1 tn, compared to EGP 20.8 tn recorded the year before, supported by a 13.4% jump in deposits to EGP 15.8 tn.<\/p>\n

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

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PSA-<\/p>\n

WEATHER- It\u2019s a cooler day in Cairo today<\/strong>, with a high of 23\u00b0C, and a low of 12\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s also cooling down in Alexandria<\/strong>, with a high of 20\u00b0C and a low of 12\u00b0C.<\/p>\n

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The big story abroad <\/p>\n

Yemen\u2019s <\/strong>Houthi militia has <\/strong>joined the war<\/a><\/strong>. <\/strong>The group fired ballistic missiles at Israel yesterday morning and vowed to keep up attacks as long as US-Israeli strikes on Iran and Lebanon\u2019s Hezbollah continue. More strikes on Israel followed subsequently, consisting of cruise missiles and drones, the Houthis said.<\/p>\n

The Strait of Hormuz saw some light traffic yesterday<\/strong>, with ship-tracking data from Bloomberg<\/a> showing four vessels transiting the waterway to exit the Arabian Gulf.<\/p>\n

Also, Iranian strikes <\/strong>caused \u201csignificant damage\u201d<\/a><\/strong> to a smelter run by Emirates Global <\/strong>Aluminium<\/strong> \u2014 the region\u2019s largest aluminum manufacturer. Several employees were injured at the Al Taweelah site in Abu Dhabi, and assessment of the damage is ongoing. The strike prompted a surge<\/a> in aluminium prices, as the Middle East accounts for some 9% of global supply.<\/p>\n

And to make things worse: <\/strong>Bahraini aluminium producer Aluminium Bahrain was also targeted by<\/a>Iran<\/a> yesterday, resulting in two minor injuries. <\/p>\n

AND- Some oil and gas execs <\/strong>believe<\/a><\/strong> that markets are underestimating the impact of the war <\/strong>on energy supply. <\/strong>\u201cThis is an attack not only against the Gulf, but it is an attack that is holding the world\u2019s economy hostage,\u201d Kuwait Petroleum Corporation CEO Sheikh Nawaf Al Sabah was quoted as saying at S&P Global\u2019s annual CERAWeek energy conference. Executives warned that fuel shortages in Europe and Asia are imminent if hostilities do not cease, and predicted that oil prices will remain structurally high even after the conflict ends. <\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends and welcome to a new workweek. We are still trying to register the reality of Cairo going to sleep at 9pm after shops and restaurants turned off their lights and shut their doors early last night in line with government directives that aim to reduce energy use. 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We are still trying to register the reality of Cairo going to sleep at 9pm after shops and restaurants turned off their lights and shut their doors early last night in line with government directives that aim to reduce energy use. 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We are still trying to register the reality of Cairo going to sleep at 9pm after shops and restaurants turned off their lights and shut their doors early last night in line with government directives that aim to reduce energy use.\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TODAY"","block_context":{"text":"WHAT WE\u2019RE TRACKING TODAY","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today-10\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/10\/977.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592509,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/08\/07\/gold-imports-wfh-sundays-get-airtime\/","url_meta":{"origin":703844,"position":1},"title":"Gold imports, WFH Sundays get airtime","author":"enterpriseam admin","date":"7 August 2023","format":false,"excerpt":"Egyptians have imported over 600kg of gold in the past three months","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/282.png?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":590996,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/30\/pm-announces-fresh-measures-to-curb-electricity-demand-amid-rolling-blackouts\/","url_meta":{"origin":703844,"position":2},"title":"PM announces fresh measures to curb electricity demand amid rolling blackouts","author":"enterpriseam admin","date":"30 July 2023","format":false,"excerpt":"Blackouts will continue until end of August at least, Madbouly says","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1163.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561451,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/07\/your-essential-business-calendar-on-7-april-2021\/","url_meta":{"origin":703844,"position":3},"title":"Your essential business calendar on 7 April 2021","author":"enterpriseam admin","date":"7 April 2021","format":false,"excerpt":"April: The government\u2019s fuel pricing committee is scheduled to meet for its quarterly review of prices5-11 April: The Spring Meetings of the IMF and the World Bank Group will take place virtually.7 April (Wednesday): British-Egyptian Business Association (BEBA) webinar on digital banking and fintech.7 April (Wednesday): Uber Ignite virtual panel\u2026","rel":"","context":"In "CALENDAR"","block_context":{"text":"CALENDAR","link":"https:\/\/enterpriseam.com\/egypt\/category\/calendar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":631388,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/18\/egyptair-to-resume-moscow-flights-on-12-april\/","url_meta":{"origin":703844,"position":4},"title":"EgyptAir to resume Moscow flights on 12 April","author":"enterpriseam admin","date":"18 March 2018","format":false,"excerpt":"EgyptAir will resume direct flights between Cairo and Moscow as of 12 April, CEO Safwat Musallam announced in a statement. 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