Good afternoon, folks, and welcome to the start of a new workweek. We have a packed issue for you today, kicking off with news that Bosta may be headed to the EGX, mulling a listing that could raise EGP 8 bn. Elsewhere, the US just released the largest tranche of the Epstein files, dominating international headlines, and we look at why the most interesting tech at CES 2026 is all about restraint.

THE BIG STORY TODAY-

📍Is Bosta heading to the EGX? Homegrown delivery and logistics startup Bosta is reportedly mulling a decision to float a 20-30% stake on the EGX this year in a bid to raise EGP 8 bn, Asharq Business reports, citing sources with knowledge of the matter. Bosta is also reportedly working on closing a Series B funding round to raise USD 32 mn pre-IPO to build on the USD 27 mn raised since launching in 2017. We have reached out to Bosta representatives for confirmation at the time of dispatch and will update the story in our EnterpriseAM edition tomorrow with any comment.

THE BIG STORY ABROAD-

🌐 It’s a quiet afternoon in the global press, with no single story dominating headlines as all eyes return to the Epstein files. On Friday, the US Justice Department released the largest tranche — 3 mn pages, 180k images, and 2k videos — of files, leaving scores under public scrutiny.

^^ Read more on Bloomberg.

Further afield in the business press, Indian Finance Minister Nirmala Sitharaman says India will cut tariffs on a number of capital goods needed to process critical minerals. The move will allow India to reduce its dependence on China, incentivize local manufacturing of rare earths, and lower costs for exporters hit by US trade policies. Tariffs on materials used in the manufacturing of solar glass and EV magnets were also slashed in the country’s annual budget.

^^ Read more on Bloomberg and Reuters.

** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

  • Egypt’s plan to raise USD 1.5-2 bn from eurobonds this month may be put on hold, with the Finance Ministry cautious of recently unpredictable global markets, a volatile USD, and gold reaching new heights;
  • 94% of the readers polled in our Annual EnterpriseAM Executive Sentiment Survey are expecting business conditions to improve in 2026;
  • Interest payments on public debt were up 34.6% y-o-y in 1H FY 2025-26 to EGP 1.3 tn on the back of higher overall debt levels and borrowing costs, according to the Finance Ministry’s latest financial performance report.

enterprise

*** It’s Inside Industry day — your weekly Sunday briefing of all things industrial in Egypt. Inside Industry explores what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning through to product distribution, land allocation, industrial processes, supply chain management, labor, automation and technology, inputs and exports, and regulation and policy.

In today’s issue: We’re taking a deep dive into Egypt’s cement industry — how it fared in 2025 and what changes await in 2026.

☀️ TOMORROW’S WEATHER- It’s a moderately cool day in Cairo tomorrow, with the mercury set to peak at 23°C before cooling down to 12°C, according to our favorite weather app.

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