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AI + Innovation (MENA) 
Infrastructure 
Is Egypt becoming a regional hub for smartphone production? Part I
In the five years since Sico brought Egypt’s first locally made smartphone, at least seven players have also produced smartphones…
Egypt to build EUR 1 bn tire factory
The SCZone factory is set to churn out 7 mn tires each year
Three local steel companies are looking to acquire state-owned Delta Steel
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
Dice founders want to reacquire the company
The founding Toma family sold the bulk of their shares in the firm during its IPO in 2017
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
What are industrial players getting from a planned basket of incentives?
The new incentives should see the light soon, along with FinMin’s broader tax policy document
Acdima to set up USD 165 mn pharma factory
The factory will produce some 28 active substances for the pharma industry\
My Morning Routine: Ahmed Nounou, co-founder and CEO of Garment IO
“A good factory operates at 60% capacity. You don’t know how well your factory is doing unless you have live…
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