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AI + Innovation (MENA) 
Infrastructure 
Tadawul’s Al Rumaih + CMA’s Bin Hassan on the growth story of Saudi capital markets
Saudi has seen 35 listings year-to-date
New tax incentives seek to ease burdens for taxpayers, resolve disputes, and incorporate more taxpayers into the system
Plus — what we’ve heard on the batch of incentives expected next week
What the markets are doing on 11 September 2024
The EGX30 rose 1.3% at today’s close on turnover of EGP 3.6 bn (8.3% below the 90-day average). Local investors…
Apple, Google lose ongoing battles with EU court, with the two set to pay bns in EUR in fines, taxes
Apple will incur a USD 10 bn one-time tax charge
Palm Hills to embark on USD 300 mn project to set up 15 Saudi schools. PLUS: Contact Financial, Brotinni, ISIS Organic, EFG Hermes, Ayadi, Vacsera
The developer also has plans to set up ten schools in the Egyptian market
New tax measures set to be announced today were the talk of the town last night
Egypt-Saudi relations also got some coverage
What the markets are doing on 10 September 2024
The EGX30 fell 0.9% at today’s close on turnover of EGP 3.8 bn (2.7% below the 90-day average). Local investors…
Traditional tech struggles as AI boom overshadows sector’s slump
Despite the AI boom offering some respite for tech, the overall recovery of the sector remains uncertain
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