Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
ADQ finalizes acquisition of stakes in state-run petchem, drilling companies
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
THIS EVENING: Abu Dhabi’s ADQ wraps up acquisitions in three state-owned companies
Good afternoon friends, and welcome to this Tuesday-hump-day. Despite the regional war steering the local and international news we have…
Beltone to enter Jordanian market before year end
The Egyptian financial services company will make a USD 20 mn equity investment in Al Wasleh
Suez Canal transit fee reductions for south west Africa ships. Plus: Banque Misr x Etisalat, NBE x MSMEs, NWFE x Climate Investment Fund, NWFE x French Development Agency
Suez Canal revenues are expected to hit a record USD 10.3 bn by the end of 2023
IDG-led consortium to sign MoU to develop Beni Suef dry port. PLUS: Jumia + Aman, Valu + EBI, Rakta + Al Ahly Pharos, Kima + Tecnimont
The port project could require some USD 500 mn according to a local news outlet
Siemens, Intro Group to build power plants in Egypt, the region. PLUS: News from the SCZone, Cheiron, Qasatli, Mashreq, and EdVentures.
The two firms will establish facilities producing a combined 300 MW of power by 2030
MNT-Halan lands new CFO, CMO + CIRA taps new senior advisor
MNT-Halan brings fresh faces to management: MNT-Halan has appointed Omar Elhamawy (LinkedIn) as chief financial officer and Sara Metwally (LinkedIn)…
Saudi-Egyptian alliance mull local startup MazAid stake, while Akhdar, Awfar, and OBM Education secure Saudi funds
The Saudi-Egyptian alliance is looking to acquire nearly half of the homegrown startup
Something went wrong. Please refresh the page and/or try again.