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AI + Innovation (MENA) 
Infrastructure 
Six golden licenses attract EGP 5.6 bn of fresh investments
The projects span the fields of tourism, transport, housing, internal trade, food, and green energy.
Saudi Arabia’s PIF solidifies position in US EV maker Lucid with additional USD 1 bn stake
A share of the proceeds will finance Lucid’s capex and working capital
Two European firms mull USD 270 mn investments in plays on Egypt’s growing gold industry
EGAS has signed off on the two factories’ requests for natural gas supplies
Turkish firm eyes USD 7 bn logistics and industrial zone in Gargoub
Operations are expected to begin in 2026 with a multipurpose terminal and logistics area
Two USD investments in medical startups including first by nation’s only female angel investment network
InCurA will use the funds to develop new products and finalize clinical trials for products that have already been developed
Is PIF’s USD 40 bn AI venture a tech game-changer?
Andreessen Horowtiz and PIF could be partnering up to invest in AI
KSA’s Public Investment Fund is reportedly in talks to acquire Saudia
The move would see PIF consolidating Saudia within its growing aviation portfolio
My Ramadan Routine: Ahmed Ali Abdelrahman, managing director and CEO of Post for Investment
“Working patterns definitely change during Ramadan, the entire ecosystem recalibrates”
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