{"id":710717,"date":"2026-06-16T00:00:00","date_gmt":"2026-06-16T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=710717"},"modified":"2026-06-16T12:13:01","modified_gmt":"2026-06-16T12:13:01","slug":"trump-warns-of-nuclear-consequences-at-g7-and-spacex-leapfrogs-amazon","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/06\/16\/trump-warns-of-nuclear-consequences-at-g7-and-spacex-leapfrogs-amazon\/","title":{"rendered":"Trump warns of nuclear consequences at G7 + and SpaceX leapfrogs Amazon"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good afternoon, friends.<\/strong> The week is winding down nicely \u2014 one more day stands between you and a long weekend, and we intend to help you coast through it. Today we\u2019re looking at <strong>the startup making vet bills a little less painful for Egypt\u2019s pet owners<\/strong>, reviewing a fried chicken spot that understands exactly what it\u2019s supposed to be doing, and recapping last night\u2019s World Cup action with an eye on what\u2019s on tonight.<\/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>\u201cHell will rain down\u201d if Iran tries to develop a nuclear weapon <\/strong><strong>under the agreement it is set to sign with the US this Friday<\/strong>, President Donald Trump warned at the G7 summit \u2014 where the peace agreement has dominated the agenda. The two countries are preparing to sign an interim peace agreement in Switzerland, though the details of the MoU are yet to be published. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Uncertainty remains over the Strait of Hormuz: <\/strong>Shipowners and oil traders are expected to take weeks to confidently resume transit unless the agreement proves material. Oil prices have hit a more-than-three-month low, with Brent falling to USD 80.8 \/ bbl and WTI sliding to USD 78.2 at time 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\/c98247ml02qt\" style=\"\">BBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/06\/16\/us-iran-peace-agreement-oil-prices-tankers-strait-of-hormuz-transit.html\" style=\"\">CNBC<\/a>, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/us-iran-deal-promises-end-war-how-it-will-work-remains-unclear-2026-06-16\/\" style=\"\">Reuters<\/a>, <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/9dfe2dd2-2d52-445f-a223-147d6509a76f?syn-25a6b1a6=1\" style=\"\">Financial Times<\/a>, and the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/live\/2026\/jun\/16\/iran-us-deal-trump-vance-strait-hormuz-israel-lebanon-middle-east-latest-news-updates\" style=\"\">Guardian<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>IN OTHER NEWS-<\/strong> SpaceX continues to make headlines, surging over 8% in pre-market trading today following a record-breaking IPO and a 20% jump on its first full day of trading. SpaceX\u2019s market cap \u2014 currently at USD 2.52 tn \u2014 stands to hit almost USD 2.7 tn, leapfrogging Amazon to become the world\u2019s fifth-most valuable company. SpaceX announced earlier that it will acquire Anysphere \u2014 the company behind AI coding agent Cursor \u2014 for USD 60 bn. Musk has also claimed the company could reach USD 1 tn in annual revenue by 2030. <\/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.businessinsider.com\/spacex-stock-market-valuation-surpass-amazon-elon-musk-jeff-bezos-2026-6\" style=\"\">Business Insider<\/a>, <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/06\/16\/spacex-stock-rally-market-cap.html\" style=\"\">CNBC<\/a>, and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/legal\/transactional\/spacex-buy-anysphere-60-billion-2026-06-16\/\" style=\"\">Reuters<\/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\/6\/930.jpg?ssl=1\"\/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">You can survive a bad investment, but you cannot undo a severance package you never negotiated.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">You're at the stage where the questions have shifted: who gets what, whether your estate survives you intact or gets tied up in courts, whether you exit on your terms or let timing decide for you.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Retirement isn't a finish line but a structure problem, and most people get it wrong. It's not because they ran out of money but because they never asked the right questions at the right time.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">In the final issue of <strong>EnterpriseAM Money Matters<\/strong>, we cover the decisions that define how you exit: estate planning under Egyptian law, what to actually ask your lawyer before you step back, how to read a severance package, when phased retirement makes financial sense \u2014 and when cashing out your options is the smartest move you'll make this decade.<\/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 tomorrow, 17 June.<\/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>Hassan Allam\u2019s digital infrastructure arm has committed <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/16\/hassan-allam-commits-usd-400-mn-to-new-data-center\/\" style=\"\">USD 400 mn<\/a><\/strong><strong> for the first phase of a new data center<\/strong> after securing a cloud-computing license from the NTRA. Hassan Allam Digital Infrastructure and Data Center Solutions will execute a phased expansion plan for the facility;<\/li>\n<li><strong>The EU is putting up <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/16\/egypt-secures-eur-690-mn-in-eu-financing-for-grid-upgrade\/\" style=\"\">EUR 690 mn<\/a><\/strong><strong> to upgrade our electricity transmission network<\/strong> and integrate 22 GW of new renewable capacity into the grid by 2030. The agreement is the first concrete project under T-Med;<\/li>\n<li><strong>Some of the government\u2019s longest-running privatization plays may finally be <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/06\/16\/privatization-pipeline-thaws-as-safi-draws-bids-and-elab-files-for-egx-listing\/\" style=\"\">seeing daylight<\/a><\/strong><strong>. <\/strong>Offers are in for military-owned bottled water maker Safi and an IPO timeline has been set for the military\u2019s new retail field vehicle Quick Fuel.<\/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> It\u2019s a relatively moderate day on the weather front in the capital tomorrow, with the mercury set to peak at just 34\u00b0C, with a low of 23\u00b0C. Up north is a cooler story, with a high of 28\u00b0C and a low of 20\u00b0C, according to our favorite weather app. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, friends. The week is winding down nicely \u2014 one more day stands between you and a long weekend, and we intend to help you coast through it. Today we\u2019re looking at the startup making vet bills a little less painful for Egypt\u2019s pet owners, reviewing a fried chicken spot that understands exactly what [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":710718,"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-710717","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":"df169f48-f25c-41a4-8cc4-cde5c756e93a","order":"1","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2026\/6\/964.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Trump warns of nuclear consequences at G7 + and SpaceX leapfrogs Amazon","related_issue":[710715],"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>Trump warns of nuclear consequences at G7 + and SpaceX leapfrogs Amazon - 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\/16\/trump-warns-of-nuclear-consequences-at-g7-and-spacex-leapfrogs-amazon\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump warns of nuclear consequences at G7 + and SpaceX leapfrogs Amazon\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, friends. The week is winding down nicely \u2014 one more day stands between you and a long weekend, and we intend to help you coast through it. 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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\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\/1420.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":703366,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/18\/trump-warns-iran-that-clock-is-ticking-as-peace-talks-stall-oil-prices-rise\/","url_meta":{"origin":710717,"position":1},"title":"Trump warns Iran that \u201cclock is ticking\u201d as peace talks stall; oil prices rise","author":"enterpriseam admin","date":"18 May 2026","format":false,"excerpt":"Good afternoon, ladies and gents, and welcome back. We hope your ACs are functioning and your lattes are ice-cold. The news cycle is picking up, and we\u2019ve got the latest for you below. In today\u2019s issue, we take a look at the merger between Egypt\u2019s own Baraka Optics and regional\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\/1553.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":548287,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/algeria-is-interested-in-joining-the-brics-iran-nuclear-talks-could-resume-in-coming-days\/","url_meta":{"origin":710717,"position":2},"title":"Algeria is interested in joining the BRICS + Iran nuclear talks could resume in coming days","author":"enterpriseam admin","date":"2 August 2022","format":false,"excerpt":"Algeria is the latest MENA country to want in on BRICS: Algerian President Abdelmadjid Tebboune said that his country wants to join the BRICS group of major emerging economies, AFP reports. The group, which currently includes China, Russia, India, Brazil and South Africa, has received more attention this year as\u2026","rel":"","context":"In &quot;AROUND THE WORLD&quot;","block_context":{"text":"AROUND THE WORLD","link":"https:\/\/enterpriseam.com\/egypt\/category\/around-the-world\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":596342,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/26\/what-were-tracking-on-26-august-2019\/","url_meta":{"origin":710717,"position":3},"title":"What we\u2019re tracking on 26 August 2019","author":"enterpriseam admin","date":"26 August 2019","format":false,"excerpt":"All the local business press could talk about yesterday is how much the CBE\u2019s rate cut on Thursday is a positive move for Egypt\u2019s business climate. We have chapter and verse on what the move means for the state budget and businesses in Speed Round, below. The global press, meanwhile,\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":704338,"url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/20\/iran-threatens-war-beyond-the-middle-east-should-the-us-attack\/","url_meta":{"origin":710717,"position":4},"title":"Iran threatens war beyond the Middle East should the US attack","author":"enterpriseam admin","date":"20 May 2026","format":false,"excerpt":"Good afternoon, friends, and happy (almost) weekend. As the weather cools down, it seems the news cycle is following suit. 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":596387,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/08\/27\/what-were-tracking-on-27-august-2019\/","url_meta":{"origin":710717,"position":5},"title":"What we\u2019re tracking on 27 August 2019","author":"enterpriseam admin","date":"27 August 2019","format":false,"excerpt":"Good morning, friends, and welcome to yet another slow news day. 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