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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
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Save the date, Saudi investments are on their way. PLUS: News from Ingram Micro, Telecom Egypt, Valu, and EIB
The Saudi Al Kraida Dates is working on a dates factory
EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
EIB earmarks EUR 4 bn for local development projects including NWFE -Al Mashat
Central Bank Governor Hassan Abdalla praised the EIB’s “invaluable” support
EIB could invest EUR 50 mn a year in Egypt-focused VC, PE firms
The lender is considering investing in Sawari Ventures’ next fund
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