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AI + Innovation (MENA) 
Infrastructure 
Egyptian banks could fund new logistics zones at East Port Said port. PLUS: News from Instapay, Banque Misr, the EMX, and the SCZone
The loan could go towards one of the port’s three logistics areas
Gov’t to up wheat cultivation area next year following disappointing 2023 harvest
Local wheat procurement reportedly fell 10% this year
August was a record-breaking month (and not the good kind)
A series of currency devaluations has sent consumer prices surging this year
Every little bit helps
The CBE added another USD 50 mn to the stockpile during the month
What do private sector players want from the AIIB?
AIIB officials join FinMin, private sector players to explore how the bank can help Egypt’s private sector
CIRA Education plans second bond issuance. PLUS: aiBank, Taqa Arabia, Orascom Construction, EDF Renewables, and more
The Egypt-based education provider securitized future cashflows for the first time last year
Abu Dhabi’s export finance agency is funding more Emirati exports to Egypt
The agreement comes less than a month after ADEX agreed to finance Emirati wheat exports to Egypt
Hassan Allam + Agility score EGP 1.5 bn CIB loan for Yanmu logistics park. PLUS: News from Volvo, MCV, Beltone, and NUCA
The 10-year loan from CIB will help fund the construction of a USD 100 mn logistics park east of Cairo
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