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AI + Innovation (MENA) 
Infrastructure 
EKH to invest USD 170 mn in Egypt this year + reports record sales in 2022
More than half of the amount will be allocated to capital expenditure
THIS MORNING: What’s it going to take to unlock Gulf investments in Egypt?
Good morning, friends, and welcome to what is shaping up to be a very busy week for news. The question…
Stellantis, Nissan and Mansour could invest USD 145 mn in local assembly
Stellantis, Nissan and Al Mansour Automotive could invest a total of USD 145 mn in the nation’s auto industry over…
Almarai now owns 100% of Beyti
Saudi’s Almarai buys PepsiCo out of Beyti: Saudi dairy producer Almarai has bought PepsiCo’s entire 48% stake in the parent…
Valuation dispute puts Saudi United Bank acquisition at risk
Saudi wealth fund takeover of United Bank in jeopardy? The Public Investment Fund (PIF) has reportedly hit ‘pause’ on talks…
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
THIS MORNING: The SCZone could be heading to China + BasharSoft just trialed a four-day work week — and the results were impressive
Good morning, wonderful people, and happy THURSDAY. We have an absolutely packed issue for you this morning — one that…
Gov’t reveals names of 4 companies awarded golden licenses
They’ve got a golden license: Our friends at Hassan Allam Utilities, as well as developer Bloom Real Estate Development, truckmaker…
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