Egypt Edition 
MENA+ Edition 
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AI + Innovation (MENA) 
Infrastructure 
THIS EVENING: First Abu Dhabi Bank withdraws EFG acquisition bid + Musk wants all of Twitter. Plus: NYC subway shooter arrested.
We made it to the weekend, friends, and we’re being rewarded with yet another big news day to really feel…
Rasmala sees 15% inflation, 2x rate hikes by July — and really likes our carry trade
15% inflation + two more rate hikes by July? That’s the prognosis given by Doug Bitcon, head of credit strategies…
Nigeria-based fintech OPay moves forward with pre-paid cards and more in Egypt
OPay is expanding in Egypt: Nigeria-based fintech player OPay is preparing to expand its footprint in Egypt, launching pre-paid cards…
Edtech startup Sprints closes USD 1.2 mn Series A round
Cairo-based edtech startup Sprints has closed a USD 1.2 mn Series A round led by the Alexandria Business Angels Network…
SFE plans two investments in financial inclusion + NBFS sectors
SFE to invest in NBFS + financial inclusion companies: The Sovereign Fund of Egypt (SFE) is planning to invest in…
ADQ could buy up National Investment Bank’s entire stake in Abu Qir
Abu Dhabi wealth fund ADQ is on course to acquire the National Investment Bank’s (NIB) entire 21.5% stake in Abu…
THIS MORNING: It’s inflation day + EU official in town to talk Mediterranean Green Hydrogen Partnership
Good morning, friends, and welcome to a blockbuster Sunday issue with exactly zero signs of the Ramadan news slowdown that…
Will VCs soon be expected to shoulder the cost of crypto hacks and scams? + Meta is looking into expanding into finance
Will VCs soon be expected to shoulder the cost of crypto hacks and scams? As startups venturing into crypto become…
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