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AI + Innovation (MENA) 
Infrastructure 
Saudi and Egyptian assemblers take note: There’s opportunity in a looming global EV shakeout
Plus: Bloomberg’s take on a USD 81 bn subsidy war for chipmaking supremacy
A recap of day two of IFC regional VP’s visit: Fresh financing, advisory service agreements and privatization chatter
The IFC signed an advisory services agreement with the Universal Health Ins. Authority
The inside story of what’s really happening with the Qalaa Holdings debt buyback
Ahmed Heikal says the transaction will be good for shareholders as the company looks to shed up to USD 1.1…
What the markets are doing on 12 May, 2024
The EGX30 fell 3.3% at today’s close on turnover of EGP 2.49 bn (48.9% below the 90-day average). Local investors…
Spinneys share jump on market debut
Spinneys’ shares rose up to 11% on its trading debut on the Dubai Financial Market (DFM) on Thursday, before settling…
What the markets are doing on 9 May 2024
The EGX30 rose 0.1% at today’s close on turnover of EGP 2.8 bn (42.8% below the 90-day average). Local investors…
Saudi’s tilt toward Silicon Valley is nearly complete
But it could present a hiccup in Saudi’s burgeoning friendship with Beijing
Contact Financial raises EGP 1.04 bn from securitized bond issuance
The issuance was backed by a Contact Credit portfolio
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