Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
IFC wants in on the state privatization program, says Africa chief
World Bank lender could provide advice and financing for Egypt’s privatization drive
Oman infrastructure fund raises USD 1 bn
The Saudi Public Investment Fund has committed USD 300 mn to the fund
valU issues EGP 856.5 mn in securitized bonds
Total value of securitized debt taken to market is up 5% y-o-y so far this year
World Bank could lend USD 50 bn over the next decade
The G20 want the lender to make its resources go further
IPO of UAE AI firm sees huge investor demand
The offering was 136x oversubscribed
Russia, Egypt look to boost investment and trade. PLUS: ADIB, Mastercard, Israel-Palestine
ADIB is also getting into sukuk
Yet another income tax exemption increase. PLUS: Gov’t trims growth forecast.
The move is expected to impact 22 mn people
Analysts now expect the Fed to raise rates when it meets this week
Fed in a tight spot amid heightened inflation and a banking crisis
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