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Logistics (MENA) 
Bokra has EGP 20 bn worth of sukuk issuances in the pipeline
PLUS- Orascom Construction will build the American University in Cairo’s 65-feddan expansion
Fawry acquires majority stake in Virtual CFO
PLUS- Twelve new national universities incoming
Gov’t to hand slaughterhouses to private players
PLUS- Smartphone distributor JIT has a USD 15 mn expansion plan in the pipeline
UAE’s 2PointZero takes over local fintech player Maseera Holding
The Abu Dhabi-based investment platform plans to inject some USD 1 bn into Maseera
Microsoft may have made a key breakthrough for quantum computing
The topological qubit has the ability to make quantum computers a lot more accurate and efficient
Dubai’s Dubizzle acquires Hatla2ee
The financial terms and post-acquisition leadership lineup were not disclosed
Local queue management solution provider Qme closes USD 3 mn seed round
The funding round was led by UAE-based tech company AHOY
Talabat + Oman’s OQEP generated more than half of the proceeds of the region’s IPO activity in 4Q, EY reports
Companies raked in a total of USD 7.9 bn in IPO proceeds in 4Q 2024
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