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Infrastructure 
IHG Hotels, Jadeer to set up 120-key hotel in New Cairo
PLUS- CPC Industrial Development Company will build a new 1.2 mn sqm industrial zone in Sadat City
CIRA gets green light to extend MTO for CAED
PLUS- Marses and UAE-based Mulk International launched a new robotics joint venture — dubbed Mulk Marses Robotics
E-finance appoints Ahmed Sobhy as Deputy Managing Director for Investment and Financial Affairs
Sobhy previously served as the chief investment officer at Banque Misr
Gov’t to grant firms operating in the planned Russian Industrial Zone decades of incentives
PLUS- Premium Healthcare to acquire Upper Egypt’s largest lab chain
UAE’s Modon to pour EGP 45 bn into Ras El Hekma infrastructure buildout
Modon tendered 2k feddans of work — including roads and bridges, electricity networks, and water and sewage systems
MENA fintech funding at record high
Funding tripled to USD 598 mn across 93 transactions
Foreign reserves increase to USD 49.3 bn in August
PLUS- Rock Steel wants to set up a new EGP 1.5 bn factory in Beni Suef, producing a specific type…
Intella raises USD 12.5 mn to scale its Arabic-first AI platform
The funding will help the startup launch new products, expand its team, and strengthen its technology
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