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A tech roundup celebrating devices that do less, better

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WHAT WE’RE TRACKING TONIGHT

Bosta mulls year-end EGX listing

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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PLUG IN

Why 2026’s best tech does less

🧑‍💻 Tech companies promise us the future every year, but most years all we get are slightly better cameras and marginally thinner laptops. With the (re)introduction of analog hardware, however, it looks like tech is ready to reward curiosity and skill again. The trend worth watching: Technology that respects your time and attention rather than demanding it.

After years of devices that do everything — and doing it while harvesting your attention for advertisers — some of the most interesting products at CES 2026 went the other direction. Smaller screens. Physical buttons. Devices that do one thing well instead of a hundred things adequately. Call it the analog revival or the anti-smartphone backlash or the moment tech companies finally noticed that people are exhausted by infinite scroll and algorithmic feeds. Whatever it is, it’s producing genuinely interesting technology. Here’s what’s worth watching.

BlackBerry’s ghost gets a modern body

The smartphone industry has spent 15 years convincing us that touchscreens are the only way to interact with a phone. Clicks Technology respectfully disagrees. The Communicator is a USD 499 Android phone built around a physical Qwerty keyboard — the first serious attempt to revive the BlackBerry form factor since 2018. It’s deliberately compact, with a four-inch AMOLED display sitting above a tactile keyboard, and it’s designed by the same person who created the iconic BlackBerry Bold editions, Q10, and Passport.

The pitch is refreshingly honest. It’s not trying to replace your iPhone, it’s marketed as a “secondary device” for communication, not consumption. The custom launcher prioritizes messaging apps and quick actions over endless grids of icons. A hardware “airplane mode” switch on the side lets you disconnect entirely, and a customizable LED that lights up in different colors for different contacts, so you know who’s messaging without touching the screen. It’s a clever compromise for those looking into the dumb phone trend but hesitant to make the jump.

The old-school features are almost comically thorough: A 3.5mm headphone jack, microSD expansion to up to 2TB, a physical SIM tray alongside eSIM support, and swappable back covers. The fingerprint sensor is embedded in the spacebar — a small detail that feels dreamt up by a techno-optimist in the early noughties.

Early reception has been stronger than expected, with Clicks reportedly making a sale every 6.5 seconds in the week after the announcement. Whether this will translate into long-term adoption remains to be seen.

A smartwatch that doesn’t demand your attention

The original Pebble was a Kickstarter sensation in 2012. It was the watch that proved smartwatches could be a real product category even before Apple got involved. Then came Fitbit’s acquisition in 2016, the slow death of support, and years of community-maintained software keeping the dream alive on borrowed time. Now the Pebble is back, and Round 2 is exactly the kind of device the current smartwatch market is missing.

Without a heart rate monitor, blood oxygen tracker, and cellular connectivity, it stays alive for 10–14 days on a single charge. At USD 199, the Round 2 features a 1.3-inch circular e-paper display in an 8.1mm stainless steel case — thinner than almost any smartwatch on the market.

That’s the entire value proposition: a watch that handles notifications, basic activity tracking, and tells time while looking like an actual watch instead of a tiny computer strapped to your wrist.

The Round 2 fixes the original’s biggest flaws. The massive bezel is gone, replaced by an edge-to-edge display. Battery life has improved from two days to two weeks. The four physical buttons remain, allowing navigation without looking down — you can silence a call or skip a track by feel alone. In an industry obsessed with comprehensive health tracking and AI assistants on your wrist, that restraint is its own kind of ambition.

The Dell XPS revival

Sometimes the most interesting tech story isn’t about a new device, but a company admitting it made a mistake. In 2025, Dell killed the XPS brand. The beloved laptop line, which had defined premium Windows laptops for over a decade, was consolidated into a confusing Dell Pro Max naming scheme that nobody understood and nobody asked for. Sales suffered and customers complained. Dell COO Jeff Clarke would later address it with unusual corporate candor: “We didn’t listen to you. You were right on branding.”

At CES 2026, Dell unveiled the new XPS 14 and XPS 16. Not just a name change, but ground-up redesigns that address nearly every complaint users had about previous generations. Most notably, the capacitive touch function row, widely despised since its introduction in 2022, is gone. Physical function keys are back. The invisible touchpad now has subtle etching so you can actually see where the touch-sensitive area begins. The XPS logo also appears on the lid, something fans had requested for years.

Under the hood, the machines run Intel’s new Core Ultra Series 3 processors and measure just 14.6mm thin — Dell’s thinnest laptops ever. The XPS 14 weighs three pounds, more than half a pound lighter than its predecessor. Battery life is claimed to reach up to 27 hours for standard use on the LCD models thanks to variable refresh technology that drops to 1Hz for static content. Perhaps most significantly, Dell is also bringing back the XPS 13 later this year, promising the thinnest, lightest, and most accessible model yet.

The redesign emphasizes repairability, with easy-to-remove keyboards, modular USB-C ports, and recycled materials. It’s a rare case of a major company reversing course based on customer feedback and delivering hardware that respects both user preferences and practical ownership.

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ON THE TUBE TONIGHT

This hitman only kills “bad guys” — but will he remember which is which?

📺 Grey’s Anatomy star Patrick Dempsey returns to the small screen in a big departure from McDreamy in Memory of a Killer. Angelo (Dempsey) is a hitman living life on the edge, only to be faced with a far greater threat: Alzheimer’s. On the surface, he lives a pretty mundane life as a salesman, but the truth is far darker. Working with Dutch (Michael Imperioli of Sopranos fame), a veteran restaurant owner who runs a covert assassination business, Angelo finds himself entangled with a mafia syndicate just as the early warning signs of Alzheimer’s begin to manifest. Given the nature of his work, this cognitive decline represents a threat far more dangerous than any human enemy.

Our initial impressions: The show makes quite a few promises — and we’re not sure if it’ll deliver on all of them. We found ourselves navigating a slew of complicated threads from the get-go, and the complexity left us somewhat confused. The narrative is fast-paced and overlapping, and so our questions outnumbered any answers given so far. Only two episodes have aired, so will the show course-correct? Time will tell.

That said, Dempsey’s performance is definitely commendable, with the veteran actor capturing Angelo’s nuances well. The juxtaposition of tender scenes with his daughter against moments of brutal violence highlights the contradictions of his character, though we’d argue there’s still plenty of room for Dempsey to truly shine. For now, the show isn’t offering anything extraordinary. We hope, however, that as the episodes drop, the focus shifts toward his inner conflicts and beyond the usual tropes of the traditional action-thriller.

WHERE TO WATCH- Memory of a Killer is streaming on OSN+. Watch the trailer on YouTube (watch: runtime, 2:42).

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Sports

A packed schedule of football, handball, and tennis to kickstart the week

We’ve got plenty of crucial fixtures across local leagues and continental competitions tonight, starting with Pyramids’ return leg against Morocco’s RS Berkane in round 4 of the CAT Champions League group stage. The first leg ended in a goalless tie, with this one set to kick off at 6pm tonight at the Air Defense Stadium. You can catch it on BeIN Sports 2.

Zamalek and Al Masry will also be playing the second leg of their matchup after a similar result in their first. They will be going head to head at 9pm tonight at the New Suez Stadium. Watch it on BeIN Sports 2.

We’re also tracking the ongoing kickoff between AS Maniema Union and Wydad Casablanca, now airing on BeIN Sports Extra 3 as we dispatch.


What we’re keeping an eye on in the Champions League:

  • Simba vs. Espérance Tunis (in progress now on BeIN Sports 2);
  • MC Alger vs. Saint Eloi Lupopo (9pm, watch on BeIN Sports 3).


Super Sunday in the Premier League: Four matches are playing out on screens this afternoon as part of round 24 of the league, headlined by the second-placed Manchester City locking horns with Tottenham Hotspur at 6pm. You can catch the clash on BeIN Sports 1.

Also watching, all with 4pm starting whistles:

  • Aston Villa vs. Brentford, watch on BeIN Sports 4;
  • Man United vs. Fulham, watch on BeIN Sports 1;
  • Nottingham Forest vs. Crystal Palace, watch on BeIN Sports 8.


In La Liga: Real Madrid is facing off against Rayo Vallecano in round 22 of the Spanish league. The second-placed Los Blancos are desperate for a victory to appease frustrated fans following their painful 4–2 Champions League defeat to Benfica. The match is currently ongoing on BeIN Sports 3.

Other European league matches:

  • Borussia Dortmund vs. Heidenheim — Bundesliga (6:30pm, watch on MBC Action);
  • Cremonese vs. Inter Milan — Serie A (7pm, watch on the Starzplay App);
  • Strasbourg vs. Paris Saint-Germain — Ligue 1 (9:45pm, watch on BeIN Sports 1).


🤾 Long live the Pharaohs: Our homegrown handball team claimed its 10th African championship crown, the fourth consecutive victory, after beating Tunisia 37–24 in yesterday’s final.


🎾 World No. 1 Carlos Alcaraz clinched his first Australian Open title today, defeating Serbia’s Novak Djokovic in a thriller at Rod Laver Arena in Melbourne. The match ended 2-6 | 6-2 | 6-3 | 7-5 for the Spaniard, who completed the Career Grand Slam today, becoming the youngest player to claim all four major tennis titles.

Kazakhstan’s Elena Rybakina claimed the women’s singles title after defeating Belarus’s Aryna Sabalenka 6-4 | 4-6 | 6-4 in yesterday’s final. The Kazakh claimed her first Australian Open title and second Grand Slam overall, avenging her 2023 loss to the world number one in a thrilling encounter.

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Mark Your Calendar

A night of operatic legends to remember at the New Capital Opera House

🎼 Catch Voices of the Century at The New Capital Opera House for a night of operatic arias and orchestral masterpieces on Friday, 6 February. Legendary Spanish operatic tenors José Carreras and Plácido Domingo alongside Greek Soprano Christina Poulitsi and Egypt’s very own Soprano Fatma Said will be taking to the stage for a special musical experience. The magical night concludes with an orchestra by Italian Maestro Francesco Ivan Ciampa. Tickets are available on Tazkarti.

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GO WITH THE FLOW

What the markets are doing on 1 February 2026

The EGX30 fell 0.3% at today’s close on turnover of EGP 5.3 bn (6.4% below the 90-day average). Local investors were the sole net buyers. The index is up 14.0% YTD.

In the green: Edita (+5.0%), Qalaa Holdings (+4.8%), and Egypt Aluminum (+4.2%).

In the red: GB Corp (-2.0%), CIB (-1.9%), and EFG Holding (-1.3%).

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INSIDE INDUSTRY

How did Egypt’s cement industry fare in 2025 — and what’s next?

🏭 After years of struggling with oversupply, the Egyptian cement sector achieved exceptional performance in 2025 as the supply-demand gap closed for the first time since 2008. This shift manifested in surges in stock prices and bottom lines, according to industry experts speaking to EnterpriseAM. While 2025 was a year of price jumps and high returns, 2026 is expected to be the year of operational efficiency and “green competition,” where survival isn’t necessarily for the fittest — it’s for those able to cut costs and manage carbon emissions.

Domestic demand witnessed a boom as consumption of 13-14% to 54 mn tons, according to market data seen by EnterpriseAM. The leap was driven by regular construction activity and exchange rate stability, division head at the Egyptian Chamber of Building Material Industries Hassan Gabry told EnterpriseAM. Simultaneously, a qualitative shift occurred in exports — while clinker exports fell by 38%, exports of finished cement surged by 47.4% to 11.1 mn tons.

The sector’s stocks were a dark horse on the EGX last year, with some companies achieving growth exceeding 600% as factory utilization rates hit 98%, Al Ahly Pharos head of research Hany Genena said at a seminar attended by EnterpriseAM.

The secret behind this appetite lies in pricing power, as prices rose 80-85% above the 2024 average. This allowed companies to not only cover high energy costs, but also achieve attractive NP margins. Case in point: Arabian Cement is expected to maintain an average NP margin of 22% until 2030, making the sector an enticing target for acquisitions rather than for the risky option of building new plants, industrial sector analyst at HC Securities Nesreen Mamdouh told us.

Following the cancellation of production quotas, companies are studying the revitalization of seven to nine production lines, potentially adding 12.6 mn tons to the market starting 2H 2026. Now, green transitions are no longer optional as environmental shifts prove less a luxury and more a necessity for exporting and cost reduction.

Arabian Cement’s strategy focuses on reducing coal dependency through a hydrogen injection project and increasing alternative fuels, with the aim of cutting emissions by 120k tons annually. This could grant them a price premium of EUR 5.4 per ton when exporting to Europe under the Carbon Border Adjustment Mechanism (CBAM), according to an HC report seen by EnterpriseAM. Similarly, Titan Egypt plans to invest EGP 3 bn to support its green transition, including a decision to halt clinker exports entirely to limit emissions and focus instead on green cement exports, according to CEO Amr Reda.

In a proactive move, the Ministerial Group for Industrial Development approved the offering of three new cement production licenses, which may help secure local market needs and meet potential reconstruction demands in Gaza.

Looking ahead, forecasts for demand growth in 2026 vary, but most experts agree on stability and the return of competition. Mamdouh expects modest domestic demand growth of just 1% in 2026, while Gabry is more optimistic, with projections between 5% and 8%. Prices are likely to see a slight decline to settle around EGP 3.6k per ton due to improved cost dynamics and increased supply, Gabry notes, ruling out any sharp price spikes.

Despite positive outlooks, several logistical and legislative hurdles remain — the lack of bulk terminals being one. This prevents Egypt from competing with countries like Vietnam and Turkey in serving distant markets like the US and West Africa. Our own ports currently lack specialized terminals for exporting bulk cement capable of loading 45k-ton vessels, according to Reda, who further noted that the current reliance on traditional trucks and cranes raises costs and reduces competitiveness, with Vietnamese products priced at USD 32 per ton compared to Egypt’s USD 50.

That said, studies are underway for new terminals at Dekheila and Sokhna ports at an estimated cost of USD 20-25 mn each. Additionally, cement plants are calling for quarry lease terms to be extended to 10 years instead of the current one to three years to ensure stable production. Furthermore, Sky Ports has earmarked USD 50 mn for a cement silo project in East Port Said, with silos — currently being manufactured in Denmark and Spain — expected to arrive by late 2027.


🗓️ JANUARY

22 January – 3 February (Thursday-Tuesday): Cairo International Book Fair.

FEBRUARY

6 December – 15 February (Saturday-Sunday): Cairo Prints at Cairopolitan in Garden City.

5 February (Thursday): Zarf Tarek Gedan at Heliopolis Library Theater.

5 February (Thursday): Saleh El Nawawy at Theatro Arkan.

6 February (Friday): Voices of the Century at the Opera Hall in New Capital.

6 February (Friday): Cairo Marathon at Heliopolis, Merryland Park.

6-7 February (Friday-Saturday): Football Access Summit at Zed Park.

7 February (Saturday): Cairo Flea Market at Ghurnata Community Space, Heliopolis.

11-15 February (Wednesday-Sunday): Animatex at AUC Tahrir Square.

13 February (Friday): Bryan Adams at the GEM.

14 February (Saturday): Valentine’s Special – Saad El Oud at CJC 610.

17 February (Tuesday): First day of Ramadan (TBD).

MARCH

20 March (Friday): Eid Al-Fitr (TBD).

APRIL

2 April (Thursday): Hany Shaker at Theatro Arkan.

13 April (Monday): Sham El Nessim.

25 April (Saturday): Sinai Liberation Day.

MAY

1 May (Friday): Labor Day.

26 May (Tuesday): Arafat’s Day.

JUNE

16 June (Tuesday): Islamic New Year.

30 June (Tuesday): June 30th Revolution.

JULY

23 July (Thursday): July 23rd Revolution 1952.

AUGUST

25 August (Thursday): Prophet Muhammad’s Birthday.

OCTOBER

6 October (Tuesday): Armed Forces Day.

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