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AI + Innovation (MENA) 
Infrastructure 
Cabinet approves EU + EIB financing, new golden license, green hydrogen consultant
The funds will help finance the Sustainable Green Industry project, which seeks to combat industrial pollution
Investors turn more bullish on Egypt’s economy as proceeds from Ras El Hekma sale enter state coffers
Egypt received USD 10 bn from Ras El Hekma sale over the weekend in addition to USD 520 mn from…
Maersk, Actis make progress on Zafarana, Gabal El Zeit wind farms acquisition bids
The sale of the two facilities will bring hundreds of mns of USD into the state’s coffers
FRA approves B Investments’ acquisition of Orascom Financial. PLUS: Synergy Capital, Ras El Hekma, Egyptian Healthcare Authority, Qalaa Holdings, green hydrogen
B Investment' board in December agreed to an MTO swap ratio of one B Investments share to 56.76 OFH shares
MoneyHash secures USD 4.5 mn in seed funding. PLUS: Acacia invests in Kenyan startup Tappi, Saudi’s CoreVision acquires VeFund
MoneyHash plans to use the proceeds to invest in its technology and to expand its growth across the region
Qatar Islamic Bank, Kuwait Finance House wrap up due diligence on United Bank
The sale could reportedly reel in the USD equivalent of EGP 22 bn
Gov’t to launch international tender to manage Egypt’s airports
The ministry wants to increase traffic at the Hurghada and Sharm El Sheikh airports to 10 mn passengers this year
EdVentures founder Dalia Ibrahim on what we can expect from the local edtech sector this year
There is huge potential in Egypt as the cost of doing business here is comparatively reasonable, Ibrahim tells us
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