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AI + Innovation (MENA) 
Infrastructure 
THIS EVENING: Annual urban inflation rises in March + more FDI afoot as Vicat wants 100% of Sinai Cement
Happy Sunday, ladies and gentlemen. As we expected this morning, the news slowdown exists only in our dreams now, as…
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…
Saudi last-mile delivery firm acquires local startup Gallop Express
GLT Express steps into Egypt with local acquisition: Saudi logistics company GLTExpress has made Egypt its first expansion destination outside…
Egypt in the News: Sports Minister Sobhi weighs in on Salah’s future at Anfield
Mohamed Salah is all over the UK press, after Sports Minister Ashraf Sobhi claimed the Egyptian King told him he…
Expedition gets green light to do DD on Domty as part of acquisition bid + Nagaty’s Pie acquires business-sale website Exits
Expedition cleared for DD on Domty: Domty’s board of directors has given Expedition Investments the all-clear to start due diligence…
Giza Systems board nods to STC takeover
STC is taking a majority stake in Giza Systems: A subsidiary of Saudi Telecom (STC) is on course to take…
THIS EVENING: ADQ eyes listed + unlisted stake purchases; Saudi’s PIF could snag Al Wataniya + Siemens power plant stakes. Plus: Shoukry joins Arab League diplomacy push in Russia
Good afternoon, ladies and gentlemen. We thought we were doing well during Ramadan without incessant caffeinating, but we also just…
Offshore group including company execs make a play for Domty
Domty up for grabs: A group led by Expedition Investments has submitted a non-binding offer for a majority stake in…
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