{"id":706836,"date":"2026-06-01T00:00:00","date_gmt":"2026-06-01T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=706836"},"modified":"2026-06-01T12:42:13","modified_gmt":"2026-06-01T12:42:13","slug":"us-and-iran-exchange-strikes-amid-ceasefire-negotiations-2","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/01\/us-and-iran-exchange-strikes-amid-ceasefire-negotiations-2\/","title":{"rendered":"US and Iran exchange strikes amid ceasefire negotiations"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, ladies and gentlemen, and welcome to a slightly shorter work week ahead.<\/strong> We hope you\u2019ve enjoyed your Eid break as we bring you the latest from around the capital. In today\u2019s issue, we interview our newest founder of the month, Muncai\u2019s Mostafa Sedky, review Netflix\u2019s satirical Ladies First, and check in on what\u2019s happening at the pitches.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Without further ado, 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>Amid stalled ceasefire negotiations, the US and Iran are making headlines this afternoon after exchanging military strikes.<\/strong> The US Central Command stated they had launched \u201cself-defense strikes\u201d over the weekend in response to \u201caggressive Iranian actions,\u201d which included targeting a US drone over international waters. Iran then retaliated by striking an air base hosting US forces. Meanwhile, Kuwait\u2019s air defense intercepted missiles and drone attacks and condemned Iran\u2019s \u201cheinous\u201d attacks that undermine efforts to de-escalate tensions in the region, specifically the Strait of Hormuz.<\/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\/articles\/crlpy8n7pr6o\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/06\/01\/iran-war-trump-hits-out-at-critics-says-tehran-really-wants-a-deal.html\" style=\"\">CNBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/aerospace-defense\/us-says-it-struck-iranian-military-sites-tehran-responds-with-air-base-attack-2026-06-01\/\" style=\"\">Reuters<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/u-s-strikes-iranian-air-defenses-drone-site-in-new-hormuz-skirmish-727b9193\" style=\"\">The Wall Street Journal<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME-<\/strong> Israeli Prime Minister Benjamin Netanyahu ordered attacks on the southern suburbs of Lebanon\u2019s capital Beirut as tensions with \u201cterrorist targets\u201d in the Hezbollah-controlled Dahiyeh continue. Netanyahu\u2019s orders came on the heels of Hezbollah\u2019s \u201crepeated violations\u201d of a ceasefire that was announced in April and attacks on \u201cIsraeli cities and civilians.\u201d Iran remains steadfast that any diplomatic agreement to end the US-Iran war involves a Lebanon ceasefire.<\/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\/articles\/c4g419e2xlvo\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2026\/jun\/01\/iran-war-live-news-updates-kuwait-missile-drone-attack-us-strikes-iran-radar-sites\" style=\"\">The Guardian<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israels-netanyahu-ordered-military-attack-targets-beirut-southern-suburbs-2026-06-01\/\" style=\"\">Reuters<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN TECH NEWS- <\/strong>Nvidia unveiled a new chip designed to run AI agents on personal laptops and desktop computers. CEO Jensen Huang said the RTX Spark PC chip is part of a broader effort with Microsoft to \u201creinvent the PC\u201d for the AI computing era. Thirty laptop models and 10 desktop models using the new chips are currently in the works.<\/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.reuters.com\/world\/china\/nvidia-ceo-kick-off-dominate-computex-gathering-taipei-2026-05-31\/\" style=\"\">Reuters<\/a> and <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/tech\/ai\/nvidia-introduces-first-pcs-designed-for-ai-agents-47445bcd\" style=\"\">The Wall Street Journal<\/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\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/1484.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Earning well is not the same as investing well \u2014 and for most mid-level executives and entrepreneurs, the gap between the two is wider than they\u2019d like to admit. The financial landscape has shifted. Regional markets are opening up, AI is rewriting how portfolios get managed, and Real Estate Investment Trusts (REITs) are entering the conversation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">And the questions that used to feel straightforward \u2014 buy or rent, fund the startup or play it safe, finance the car now or wait it out \u2014 are harder to answer than ever.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">In Issue 2 of EnterpriseAM Money Matters, we get into the decisions that don\u2019t have easy answers, because at this stage, playing it safe is the riskiest move you can make.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Coming straight to your inbox \u2014 Wednesday, June 3.<\/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>The retail tranche of Korra Energi\u2019s IPO <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/01\/korra-energi-retail-tranche-closes-31-35x-oversubscribed\/\" style=\"\">closed 31.35x oversubscribed<\/a><\/strong><strong> before the Eid El Adha break, according to EGX data.<\/strong> Retail buyers placed initial orders for 3.1 bn shares, targeting just 99 mn shares earmarked for the public. Korra\u2019s IPO is the EGX\u2019s second private-sector main-market listing this year, following Gourmet\u2019s blockbuster offering;<\/li>\n<li><strong>Egyptian firms reported a real annual <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/01\/egyptian-firms-bypass-banks-to-fund-growth-from-their-own-pockets\/\" style=\"\">sales contraction of 11.4%<\/a><\/strong><strong> in the World Bank\u2019s latest Enterprise Survey<\/strong>, lagging behind the 5.2% growth of the wider MENA region. Behind this headline slump is a set of operating-environment findings suggesting that Egypt\u2019s three-year macro stabilization push has not yet filtered down to the day-to-day constraints firms identify as their biggest obstacles to growth;<\/li>\n<li><strong>Egypt\u2019s <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/01\/why-our-gas-sector-is-leaning-heavily-on-lng-imports\/\" style=\"\">energy challenge<\/a><\/strong><strong> is characterized by a widening gap between declining production and rising demand<\/strong>, but the government is working to stabilize the sector. The Oil Ministry is making good on its debts to international oil companies, announcing last week that it will fully settle these arrears by 10 June, ahead of its original end-of-June target.<\/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<\/strong><strong> WEATHER-<\/strong> Following a cool, breezy Eid week, temperatures are heating up in Cairo tomorrow with highs reaching 37\u00b0C and lows of 25\u00b0C. Up North, it\u2019s a sunny day tomorrow with highs of 29\u00b0C and cool lows of 21\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, ladies and gentlemen, and welcome to a slightly shorter work week ahead. We hope you\u2019ve enjoyed your Eid break as we bring you the latest from around the capital. In today\u2019s issue, we interview our newest founder of the month, Muncai\u2019s Mostafa Sedky, review Netflix\u2019s satirical Ladies First, and check in on what\u2019s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":706837,"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":[633,716,639,117,7263,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-706836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-iran","tag-technology","tag-us","tag-war","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"50318ed7-167f-4b97-85c0-839b1743396c","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/6\/75.jpg","photo_position":"above","homepage_title":"","full_issue_title":"US-Iran war escalates once again + Israel orders attacks on Southern Beirut","related_issue":[706834],"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 and Iran exchange strikes amid ceasefire negotiations - 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\/06\/01\/us-and-iran-exchange-strikes-amid-ceasefire-negotiations-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"US and Iran exchange strikes amid ceasefire negotiations\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, ladies and gentlemen, and welcome to a slightly shorter work week ahead. We hope you\u2019ve enjoyed your Eid break as we bring you the latest from around the capital. 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