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News
Egypt’s petroleum sector keeps recovering as crude production hits a two-year peak
2+ hour, 18+ min ago (957+ words) Good morning, friends. We’re back from the long weekend with a trade-and-capital-flows type of morning and a bucket load of news to work through. Washington raised the tariff on most Egyptian goods to 12.5% on Friday in the same week we…...
The US raised Egypt’s tariff to 12.5% while Cairo opened its market wider to US cars
2+ hour, 18+ min ago (125+ words) Egypt-US trade policy moved in opposite directions last week. Washington put most Egyptian goods in a higher 12.5% tariff bucket, while the Investment Ministry opened a clearer route for US-made vehicles into the local market. SOUND SMART- Section 301 of the Trade…...
Aging grids buckle across North Africa as region’s energy map shifts around Hormuz
1+ day, 21+ hour ago (635+ words) EnterpriseAM Available in your choice of English or Arabic A brutal summer is converging with a paralyzed global oil market recast the region’s energy map: Across North Africa, aging grids are buckling under 40°C-plus heat, creating pressure and unrest among…...
Egypt’s first climate fiscal risk statement puts a number on tns in state assets under review
1+ day, 21+ hour ago (213+ words) Why it matters: The statement turns climate risk from an environmental talking point into a fiscal line item. It sits inside Egypt's IMF-backed reform program — the Fund singled out the state’s guarantee stock as a fiscal risk in its 29 June…...
THIS MORNING: AE’s LNG ambitions face a tough negotiating environment + UAE’s USD 1.4 tn US pledge steams ahead
2+ day, 2+ hour ago (888+ words) Good morning, friends, and happy FRIDAY. It’s a mostly good news kind of day: Inflation may be turning a corner, banks just posted a clean quarter, and tokenization is gaining even further ground. Emirates NBD thinks Dubai's inflation has peaked....
Margaret Atwood’s The Penelopiad: A post-modern counter-narrative to The Odyssey
2+ day, 23+ hour ago (192+ words) In just under 200 pages, with simple yet biting prose teeming with Atwood’s signature wit and dry humor, The Penelopiad truly stands out for its refusal to restrict itself. The book deftly explores sexism, misogyny, justice, and class — giving Penelope the…...
Your guide to Cairo’s best water activities and where to find them
2+ day, 23+ hour ago (988+ words) 🌊🏄 Looking for a summer escape without the hassle of leaving Cairo? Whether you’re after adrenaline and adventure or a more relaxed day on the water, the city has options across budgets and preferences. This week’s edition of The Enterprise Guide…...
Gulf property markets split in 2Q as Dubai cools, Abu Dhabi surges and Kuwait bottoms out
3+ day, 23+ hour ago (239+ words) The Gulf’s biggest property markets are each moving in different directions. In 2Q 2026, Dubai cooled under its own supply, Abu Dhabi caught fire on foreign money, and Kuwait finally found a floor. Developers have seen the signal and are hitting the…...
Iraq is running Egypt’s 2000s banking reform playbook
3+ day, 23+ hour ago (336+ words) Is this play about us? A massive cleanup of bad loans on the books of the so-called Big Four state-owned banks came at the same time, and the CBE orchestrated it all in a way that ensured not a single…...
Oman opens renewable power market to direct private sales
3+ day, 23+ hour ago (254+ words) EnterpriseAM Available in your choice of English or Arabic Renewable energy producers in Oman can now sell electricity directly to large industrial and commercial users, after regulators dismantled a two-decade-old structure that required energy to be sold through a single…...