Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024
The company is also looking into obtaining a license to establish charging stations for EVs
Egypt slashes gas supplies to fertilizer companies
Good morning, everyone. It’s a busy morning here in Egypt led by the news of activity in the non-oil private…
Why should Egypt double down on manufacturing solar panels?
Egypt could save tons of USD by manufacturing its own solar panels amid growing demand for clean energy
Aramco secondary offering sells out within hours
Aramco’s blockbuster secondary share sale was fully covered just “hours” after kicking off yesterday, Bloomberg reports, citing a document it…
North Petroleum to boost production from Western Desert block. PLUS: News from Harbour Energy, Alfa Trans, Mal Bazaar, Instapay
Harbour Energy snaps concessions in the Nile Delta, Mediterranean
Algebra Ventures backs Moroccan agritech startup. PLUS: News from Taqa and ACDIMA
Algebra Ventures participated in a pre-Series A funding round for YoLa Fresh
UAE’s Electra bid for Elsewedy receives the regulatory greenlight
Electra will pay around USD 560 mn for the stake
THIS EVENING: FRA signs off on Electra’s bid for Elsewedy
Good afternoon ladies and gentlemen, and happy THURSDAY. With the weekend finally here, we’re more than ready to put our…
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