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AI + Innovation (MENA) 
Infrastructure 
Saudi Egyptian Developers secures EGP 4.4 bn from eight banks
PLUS- The EBRD will provide CIB with a EUR 25 mn unfunded financial guarantee for SME loans
Net foreign asset surplus rises to USD 10.3 bn in September
This is the country’s fifth month in the green after our net foreign assets shifted from deficit to surplus in…
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
SODIC reports highest ever quarterly sales + Mashreq reports 9M earnings
Earnings o'clock: It was a busy day for earnings with both our friends at real estate developer SODIC and UAE-based…
Beni Suef, Sharqia are getting EGP 4.8 bn worth of projects. PLUS: News from GIZ, EgyFert, Madinet Masr,
The projects are set to be completed within two years
United Bank’s IPO roadshow is taking place next month
Good morning, all. It’s a lighter news morning as we reach the final hump day of October. WATCH THIS SPACE-…
Gov’t to offer private players 21 plots to set up hospitals. PLUS: News from Vantage Capital, Aleph Holding
The government wants to add 173k beds to the country’s residential capacity by 2030
United Bank announces intention to float
The bank plans to sell a 30% stake on EGX before the end of the year
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