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Mobile madness 📲
What's inside: New mobile import customs and taxes spark controversy, Egypt joins board of peace, regulating youth phone usage, and much more.

January 18 – 24 | 2026
Image: A currency exchange store in Zamalek
Hey friends,
Welcome back to a new edition of the Egypt Weekly Roundup, published on 25 January — marking 15 years since Egyptians took to Tahrir Square to call for justice, freedom, and progress. In commemoration of the day, the government is granting a long weekend starting this Thursday.
Until then, we’re bringing you a sharp, digestible rundown of the stories that shaped Egypt and the region over the past week — from business and economy to foreign affairs, here’s what you need to know.
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ECONOMY | CUSTOMS | IMPORTS
EGYPT ENDS CUSTOMS EXEMPTION ON ALL IMPORTED PHONES

Egypt has officially ended the exceptional customs exemption on mobile phones imported by passengers, including foreigners and Egyptian expats staying longer than 90 days, marking a turning point in how the country manages its mobile market.
What’s changing? Passengers entering Egypt will no longer be allowed to bring in phones duty-free, except for a temporary 90-day exemption granted to Egyptians living abroad and tourists. All other imported devices will now be subject to customs duties and taxes almost equal to 38.5 percent of the device's cost.
Why now? Officials say the move comes after a major expansion in Egypt’s local mobile manufacturing capacity, with 15 international brands now producing phones domestically at a combined annual output of around 20 million devices — enough to fully cover local demand.
Negative news to most: Users on social media and television talkshow hosts both criticized the decision, claiming it paints a negative picture to Egyptians sending remittances to the country and long-stay foreigners.
🏦 MORE BUSINESS & ECONOMY:
🏠️ HOUSING TAX: The government announced new taxes on private home owners — Know more
💰 ARREARS: Egypt repaid nearly USD 5 billion in foreign energy arrears, clearing a major legacy obligation and strengthening investor confidence in the country’s financial position – Know more
⛏️ PHOSPHATE MINING: China’s Xingfa Group announced a USD 2 billion investment in phosphate mining and processing in Egypt, underscoring continued foreign capital inflows into the country’s resource sector – Know more
📉 CURRENT-ACCOUNT DEFICIT: Egypt’s current-account deficit narrowed sharply to 4.5 percent of GDP, driven by a surge in remittances and tourism revenues that helped stabilize external balances – Know more
🤝 FOREIGN INVESTMENTS: President Al-Sisi invited global CEOs to invest in Egypt as economic indicators improve, signaling renewed confidence in the country’s business climate and recovery trajectory – Know more
MASCOTS, MONEY, AND MEANING: HOW BRAND CHARACTERS DRIVE REAL BUSINESS IMPACT

Brand mascots are more than likable faces — they are strategic business assets. When designed well and used consistently, mascots boost brand recognition, deepen emotional connection, and can directly support sales and profit growth. Research shows they improve brand awareness, ad recall, and customer attitudes, with character-led campaigns often outperforming non-character ones on profit and market share gains. These characters are not creative flourishes; they are revenue drivers.
In crowded markets, mascots act as mental shortcuts: instantly recognizable symbols that communicate what a brand stands for in seconds. As digital channels multiply and attention spans shrink, their ability to humanize even abstract services has become a competitive advantage, not a nice-to-have.
CASE STUDY #1 | Turning food into friends: For decades, M&M’s has shown how a simple product can become a universe of characters, known as “spokescandies”. Each colored M&M — Red, Yellow, Green, and others — has a distinct personality and voice, anchoring everything from packaging to Super Bowl commercials. The result: a commodity chocolate transformed into a story-driven brand.
Research on brand mascots supports this approach: repeated exposure to the same characters builds familiarity and emotional attachment, reinforcing loyalty and price resilience — exactly what M&M’s has achieved.
CASE STUDY #2 | A gecko that sells insurance: In a famously dry category, GEICO used a witty, friendly gecko to humanize insurance. More than a logo, the gecko is a speaking guide who explains products, delivers offers, and softens a high-consideration purchase with humor.
Character-led advertising research often cites GEICO as proof that mascots can drive real business outcomes: the gecko’s longevity has boosted brand salience and helped GEICO stand out in a crowded market.
CASE STUDY #3 | A local icon turned national ritual: Egypt’s El-Arosa Tea shows how a brand can achieve mascot-level emotional equity without a literal character. Launched in the 1970s, its doll logo and name positioned it as a symbol of warmth, hospitality, and everyday togetherness — establishing it as Egypt’s number one tea brand.
With decades of visual consistency, El-Arosa built extraordinary recall and intergenerational loyalty, with iconic advertisements and notable TV segments cementing its status as Egypt’s top tea. Like a great mascot, the El-Arosa acts as a cultural cue — instantly signaling comfort, trust, and “the taste of home” — proving symbolic assets can drive preference and category leadership without becoming character brands.
What about abstract sectors like fintech? If M&M’s and GEICO show how mascots humanize products and services, Valu is applying the same logic to Egypt’s fast-evolving fintech space. As Egypt’s leading universal fintech and the first consumer finance company listed on the Egyptian Exchange, Valu has built its business around making flexible, tech-enabled finance accessible. With offerings spanning buy-now, pay-later, loans, investment products, an instant cash redemption program, a high-end financing program and prepaid and co-branded credit cards, Valu plays a central role in how Egyptians finance every day and aspirational purchases.
Meet Sparkie: Created as a mascot designed to inject warmth and optimism into a category that often feels cold or intimidating. Merging creative design with technology, Sparkie reflects Valu’s mission to make finance more friendly, relatable, and emotionally resonant. As a guide, Sparkie reframes the user journey from transactional to engaging.
Sparkie does what effective mascots do best — simplify complexity. Instead of positioning finance as forms and repayment schedules, Sparkie presents Valu as a supportive companion, reinforcing confidence, ease, and “effortless simplicity.” Visually and emotionally, it signals that finance can fit naturally into everyday life.
Practically, Sparkie will live across Valu’s ecosystem, including its digital platforms, retail points, and live experiences, creating a consistent, recognizable presence. The rollout began with Sparkie’s Town, Valu’s first Christmas Market at Golf Central, where the mascot becomes a physical, community-focused experience. But this was only the beginning for the mascot, who’s already making appearances beyond the holiday season.
Over time, Sparkie can help close the psychological gap between users and financial products, especially for those new to fintech or navigating economic uncertainty. By giving Valu a friendly, consistent face, the mascot supports trust, recall, and emotional connection in a crowded market.
Done right, mascots are not decorative add-ons but strategic assets for clarity and trust. From M&M’s and GEICO to Panda — and now Sparkie — they show how brands move from functional tools to memorable companions in people’s lives.
PHONES | YOUTH SAFETY | REGULATION
PRESIDENT SISI ORDERS STUDY OF UK, AUSTRALIAN CHILD PHONE RESTRICTION METHODS

Image: RDNE Stock Project / Pexels
President Abdel Fattah Al-Sisi directed the Egyptian government to study international models that limit or ban children’s use of mobile phones — mentioning the UK and Australia — citing concerns over the impact of digital technology on young people’s wellbeing and social development.
Why this matters: Al-Sisi framed the move as part of a broader effort to protect the country’s youth from the destabilizing effects of unregulated digital content and emerging technologies, especially artificial intelligence, which can amplify harmful information and social fragmentation.
What comes next? Cairo will task relevant ministries and parliamentary committees with reviewing foreign legislation, consulting experts, and designing a framework tailored to Egypt’s social context and cultural norms. This directive reflects an increasing focus on intellectual security and societal resilience, positioning Egypt to consider global best practices while asserting its own approach to safeguarding children in the digital age.
🏠️ MORE POLITICS & SOCIETY:
📚 BOOK FAIR: Egypt’s Prime Minister inaugurated the 57th Cairo International Book Fair, the largest in its history with record international participation and a focus on cultural dialogue – Know more
🏖️ SPECIAL NEEDS BEACH: For the first time in Egypt, a beach and village designed for people with special needs opened to tourists – Know more
🌊 ENVIRONMENT: Egypt’s acting Environment Minister reaffirmed that protecting coastal waters remains a national priority, with expanded monitoring and scientific cooperation to safeguard marine ecosystems – Know more
USA | GAZA | DIPLOMACY
EGYPT ACCEPTS USA INVITE TO JOIN GAZA BOARD OF PEACE

Image: Spokesman for the Egyptian Presidency / Facebook
Egypt has accepted a US invitation to join the newly created Board of Peace on Gaza — a high-level initiative aimed at supporting ceasefire implementation, humanitarian coordination, and post-war stabilization.
The move formally places Cairo among a small group of regional and international actors shaping what comes next in Gaza. It also institutionalizes Egypt’s role not just as a mediator, but as a long-term guarantor of post-conflict stability.
A diplomatic upgrade: By joining the board, Egypt moves from behind-the-scenes crisis management into a more formal, strategic role in designing Gaza’s political and humanitarian future alongside major international powers. The decision also reinforces Egypt’s growing diplomatic weight — positioning Cairo as a central regional actor whose cooperation is now seen as essential to sustaining any durable peace arrangement in Gaza.
🌍️ MORE FOREIGN AFFAIRS:
🇺🇸 USA: At the World Economic Forum in Davos, US President Donald Trump praised President Abdel Fattah Al-Sisi’s leadership in mediating the Gaza ceasefire and promised to get GERD talks “back on track” – Know more
🇵🇸 PALESTINE: Egypt announced that the Rafah crossing with Gaza will reopen in both directions, marking a major step toward restoring humanitarian access and civilian movement after the war – Know more
🇸🇩 SUDAN: Egypt’s intelligence chief Hassan Rashad met with Sudan’s leader and Armed Forces chief Abdel Fattah Al-Burhan to discuss security, peace efforts, and humanitarian support – Know more
⚖️ INTERNATIONAL LAW: Speaking at Davos, President El-Sisi urged world leaders to uphold international law and protect civilians in conflict zones, reinforcing Cairo’s diplomatic messaging on Gaza – Know more
🇦🇪 UAE: Egypt’s foreign minister met his UAE counterpart to coordinate positions on Sudan and Gaza, signaling deeper Arab diplomatic alignment on regional crises – Know more
🇮🇶 IRAQ: Egypt and Iraq agreed to boost political and economic cooperation, highlighting Cairo’s expanding diplomatic engagement across the Arab world – Know more
🇯🇵 JAPAN: Egypt and Japan will co-chair the environmental track at the UN Water Conference 2026, elevating Cairo’s role in global climate and water diplomacy – Know more



