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AI + Innovation (MENA) 
Infrastructure 
TONIGHT: CBE backs AIB acquisition + Dubai could be the MENA crypto capital. Also, watch Hacks tonight and eat at Kazoku
Good afternoon, ladies and gentlemen, and we hope you’re trying to milk as much of the August slowdown as we…
Last Night’s Talk Shows: Fraudsters arrested + First phase of public university enrollment concludes
The big business-relevant story on the airwaves last night was the arrest of a criminal gang charged with bilking some…
Iron and Steel for Mines & Quarries + Faisal Islamic Bank of Egypt report earnings
Iron and Steel for Mines & Quarries (ISMQ) reported a pre-tax net income of EGP 26.5 mn during 1H2021, according…
Bank ABC and Blom acquisition to go through in 1Q2022
NilePreneurs to help expand local innovation accelerator: The CBE funded, Nile University-based NilePreneurs is taking part in a European Union…
NBE, Banque Misr arrange EGP 3 bn for two state-run aviation firms
The National Bank of Egypt and Banque Misr have arranged EGP 3 bn-worth of syndicated loans for two airports: Lead…
Debt market welcomes Raya’s Aman
Raya subsidiary Aman completed the issuance of EGP 585 mn in securitized bonds, according to a statement (pdf) from the…
New regs aim to make mobile, card payments easier
The Central Bank of Egypt has issued regulations (pdf) for the new interoperability system designed to boost financial inclusion and…
THIS MORNING: Tory Burch ❤️ Egypt + End of the run for US equities
Good morning, friends. Just a few more meetings / deadlines / whatever and we can all slide into the weekend.…
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