{"id":705231,"date":"2026-05-24T00:00:00","date_gmt":"2026-05-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=705231"},"modified":"2026-05-24T12:11:09","modified_gmt":"2026-05-24T12:11:09","slug":"new-us-iran-agreement-reportedly-includes-strait-of-hormuz-reopening-60-day-ceasefire-extension","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/new-us-iran-agreement-reportedly-includes-strait-of-hormuz-reopening-60-day-ceasefire-extension\/","title":{"rendered":"New US-Iran agreement reportedly includes Strait of Hormuz reopening + 60-day ceasefire extension"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends, and welcome to a new (albeit very short) workweek. <\/strong>Cairo\u2019s staying cool and calm today, so we\u2019re keeping things equally smooth. In today\u2019s issue, we\u2019ve got your go-to guide to Eid udhiyas and donations, a deep dive into history\u2019s game-changing innovations with Trailblazers, and a look at what\u2019s brewing on the football fields.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But first, the news\u2026<\/strong><\/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>After what seems like ages of diplomatic ping-pong, US <\/strong><strong>Secretary of State Marco Rubio has stated that \u201csignificant progress\u201d has been made in Iran talks<\/strong>, but there is still \u201cwork to do.\u201d Rubio\u2019s statement follows US President Donald Trump saying that an agreement with Iran has been \u201clargely negotiated.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Rubio hinted at good news and an official White House statement<\/strong> \u201cin the next few hours,\u201d but cautioned that it wouldn\u2019t be final, maintaining that a large part of the agreement hangs on Iran committing never to pursue nuclear weapons. According to an <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2026\/05\/24\/iran-deal-strait-hormuz-sanctions-nuclear\" style=\"\">Axios exclusive<\/a>, the terms of the proposed US-Iran agreement include a 60-day ceasefire extension, reopening the Strait of Hormuz, the US lifting its blockade on Iranian ports, and fresh talks aimed at putting guardrails on Iran\u2019s nuclear program.<\/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:\/\/edition.cnn.com\/2026\/05\/24\/world\/live-news\/iran-war-news\" style=\"\">CNN<\/a>, <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/live\/cgkp25x23pjt\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/trump-says-iran-deal-largely-negotiated-dispute-over-strait-reopening-2026-05-24\/\" style=\"\">Reuters<\/a>, <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/iran-united-states-war-ceasefire-negotiations-hormuz-1c283f26d037102cc5e6f798546d0e59\" style=\"\">AP News<\/a>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-24\/trump-touts-imminent-iran-deal-that-would-reopen-hormuz-strait?srnd=homepage-middle-east\" style=\"\">Bloomberg<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2026\/may\/24\/iran-deal-strait-of-hormuz-trump-middle-east-crisis-live\" style=\"\">The Guardian<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- Large-scale Russian attacks left four people dead and <\/strong><strong>many<\/strong><strong> injured in the Kyiv region. <\/strong>Ukrainian President Volodymyr Zelenskyy stated that Russia used hypersonic Oreshnik ballistic missiles in the attack on the Ukrainian capital, making this the third time the weapon has been used in the ongoing war. The aerial assault reportedly damaged everything from residential buildings and schools to markets and areas near government offices, according to Ukrainian authorities. At least 83 people were reported wounded in the attack.<\/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:\/\/edition.cnn.com\/2026\/05\/23\/europe\/putin-ukraine-strike-starobilsk-intl\" style=\"\">CNN<\/a>, <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/clyp6831yp5o\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/ukraines-capital-kyiv-hit-by-massive-missile-drone-attack-2026-05-23\/\" style=\"\">Reuters<\/a>, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-05-23\/ukraine-says-it-s-under-attack-from-major-russian-air-strikes?srnd=homepage-middle-east\" style=\"\">Bloomberg<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2026\/may\/24\/ukraine-war-briefing-zelenskyy-sounds-warning-after-russia-strikes-kyiv-with-oreshnik-missile\" style=\"\">The Guardian<\/a>.<\/p>\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>The IMF delegation is wrapping up a two-week visit to Cairo this week<\/strong> to <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/imf-concludes-cairo-visit-this-week-ahead-of-june-disbursement\/\" style=\"\">finalize the seventh review<\/a> of Egypt\u2019s economic reform program, with talks progressing positively toward unlocking the next loan tranche by late June;<\/li>\n<li><strong>The Financial Regulatory Authority is putting NBFI violators on public display<\/strong>, setting up a registry for individuals and companies that <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/fra-names-and-shames-nbfi-violators\/\" style=\"\">violate non-banking financial regulations<\/a>. The registry will sort violators into three public lists: the warning list, the negative list, and the administrative measures list;<\/li>\n<li><strong>The CBE\u2019s Monetary Policy Committee <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/24\/cbe-keeps-easing-cycle-on-ice-as-regional-conflict-clouds-inflation-path\/\" style=\"\">held interest rates steady<\/a><\/strong> at its meeting on Thursday for the second consecutive time, keeping the overnight deposit rate at 19.00%, the lending rate at 20.00%, and the main operation and discount rates at 19.50%.<\/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<\/strong><strong>\u2019S WEATHER-<\/strong> We\u2019re in for a moderately warm day in the capital tomorrow, with a high of 31\u00b0C and a low of 19\u00b0C, according to our favorite weather app. Headed up north? Expect a breezy high of just 25\u00b0C and a low of 18\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends, and welcome to a new (albeit very short) workweek. Cairo\u2019s staying cool and calm today, so we\u2019re keeping things equally smooth. In today\u2019s issue, we\u2019ve got your go-to guide to Eid udhiyas and donations, a deep dive into history\u2019s game-changing innovations with Trailblazers, and a look at what\u2019s brewing on the football [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":705232,"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":[633,716,117,7263,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-705231","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-iran","tag-us","tag-war","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"5dedbccc-87d7-4068-bc84-2d8ef3436f9d","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/5\/1420.jpg","photo_position":"above","homepage_title":"","full_issue_title":"New US-Iran agreement reportedly includes Strait of Hormuz reopening + 60-day ceasefire extension","related_issue":[705229],"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>New US-Iran agreement reportedly includes Strait of Hormuz reopening + 60-day ceasefire extension - 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\/05\/24\/new-us-iran-agreement-reportedly-includes-strait-of-hormuz-reopening-60-day-ceasefire-extension\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New US-Iran agreement reportedly includes Strait of Hormuz reopening + 60-day ceasefire extension\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends, and welcome to a new (albeit very short) workweek. Cairo\u2019s staying cool and calm today, so we\u2019re keeping things equally smooth. 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It\u2019s a breezy day in C-town, and we\u2019ve got a brisk issue to match. In today\u2019s edition, we\u2019re taking a look at the Egyptian designers who showcased their work at Milan Design Week, check out Prime Video\u2019s latest hit starring Riz Ahmed,\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":697274,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/29\/trump-urges-iran-to-get-smart-soon\/","url_meta":{"origin":705231,"position":1},"title":"Trump urges Iran to \u201cget smart soon\u201d","author":"enterpriseam admin","date":"29 April 2026","format":false,"excerpt":"Good afternoon, ladies and gents, and happy almost weekend. It\u2019s another quiet day on the homefront as we near the week\u2019s finish line. In today\u2019s issue, we\u2019re taking a close look at how AI is changing education and how Egyptian educators are responding. Looking for an emotional, introspective read? 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In today\u2019s issue: We sit down with TAM co-founder and gallery director Lina Mowafy for an insider look at the program that springboarded the careers of many of Om El\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/181.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":697021,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/04\/28\/us-iran-deadlock-continues-as-bp-gains-double-on-energy-surge\/","url_meta":{"origin":705231,"position":3},"title":"US-Iran deadlock continues as BP gains double on energy surge","author":"enterpriseam admin","date":"28 April 2026","format":false,"excerpt":"Good afternoon, friends, and happy hump day. It\u2019s another quiet day at home, with more of the same headlines making the rounds abroad. Thinking of ordering in this afternoon? We\u2019ve got you covered with one of our newest obsessions: Kak Squad. While you wait for your meal, we\u2019ll also be\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2026\/4\/1453.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":667313,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/06\/23\/valu-starts-trading\/","url_meta":{"origin":705231,"position":4},"title":"Valu starts trading","author":"enterpriseam admin","date":"23 June 2025","format":false,"excerpt":"Good afternoon, everyone, and congratulations on making it halfway through a shorter-than-usual work week. While the regional and international news cycles remain focused on the latest developments between Iran and Israel, at home, we\u2019re celebrating Valu\u2019s trading debut on the EGX. 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