Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
GCC investors want a stake in the new capital’s Mount International School
The school is currently valued at some EGP 700 mn
Mountain View begins Saudi expansion with first land acquisition in the kingdom. PLUS: HBS International, Mubasher Capital, nauTix, Orascom Construction + Hitachi + Colas Rail, Samnoud Textiles
Mountain View has acquired its first plot of land in a “strategic location” in Riyadh
Talaat Moustafa Group readies for Iraq expansion
The company said that it would announce further details once “executive procedures commence.”
What is the gov’t doing to revive and enhance the building and property sector in the country?
The gov’t has taken steps to resume and fast-track construction permit issuance
Stellantis in talks with gov’t to start assembling Fiat, Citroen, and Opel models locally. PLUS: SODIC, CIB + Chemicals & Fertilizers Export Council, Misr Ins., Eaton, MSMEDA
Stellantis was one of several car makers that expressed interest in the Egyptian Automotive Industry Development Program
Egypt’s MaxAB and Kenya’s Wasoko complete Africa's largest-ever tech merger
The merger establishes a Pan-African platform serving Africa's USD 600 bn informal retail sector
Pharma sector requests raw ingredient customs breaks, packaging VAT breaks. PLUS: pharma monopolies beware, Menthum + CI Capital, Palm Hills Developments, Kraft Heinz
Around 90% of the raw materials used in the pharma industry are imported
Emirati-Saudi consortium pulls out of NDP HQ redevelopment project amid rising costs
The EGP float pushed up raw material and energy costs
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