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AI + Innovation (MENA) 
Infrastructure 
Mideast M&A activity picked up in 2H2020, Egypt is #2 for outbound transactions
The value of M&A activity in the Middle East nosedived 51% y-o-y to USD 58.7 bn in 2020 as M&A…
Sovereign Fund eyes controlling stake in e-Finance
SFE eyeing controlling stake in e-Finance ahead of its IPO? The Sovereign Fund of Egypt is reportedly in negotiations to…
CIRA wants in on the nurseries business
CIRA has acquired a 51% stake in early education startup Innovvette for Education, the private sector education outfit said in…
What the markets are doing on 24 January 2021
It’s earnings week in the US of A with Apple, Microsoft and Tesla all set to make announcements alongside more…
Energean ramping up spending at former Edison assets
Energean is planning to spend some USD 235 mn to develop the North Amriya and North Idku concessions offshore Egypt,…
CDC plans USD 1 bn investments for Africa, including Egypt
CDC Group is earmarking some USD 1 bn for infrastructure and finance investments in Africa in 2021, with a particular…
Mansour Group invests EUR 100 mn in football academy
Mansour Group will invest EUR 100 mn in football academy Right to Dream that will see the company establish a…
e-Finance going to market in 1H?
State-owned payments platform e-Finance looks to be reviving its planned IPO, tapping auditors BDO as an independent financial consultant to…
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