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AI + Innovation (MENA) 
Infrastructure 
iSupply secures USD 1 mn in funding
The funding round brings the firm’s total raised capital to USD 2.5 mn
Meet Our Founder of the Week: Sameh Saleh, founder and CEO of MNZL
MNZL is looking to bridge the financing gap in Egypt by offering asset-backed lending
MidEast funding towards climate tech tripled to USD 5 bn last year, but less than 2% went to entrepreneurs in Egypt and the region
Middle East players invested a total of USD 5 bn in climate tech around the world in the 12-month period…
Fintech player Sahl closes USD 6 mn in funding round led by the state’s Ayady Investments
The company allows users to pay their utility bills through a mobile app
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
What tricks does Apple have up its sleeve at WWDC 2024?
Apple intends to incorporate AI into its apps and features while maintaining its privacy features
International Holding Company subsidiary Palm Sport to operate Al Ahly’s El Qalaa El Hamraa. PLUS: EGP 5 bn aluminum factory, trade talks with Russia, startups news galore
The EGP 12 bn sports city complex in Sheikh Zayed will house Al Ahly’s new 44-k seat home stadium
How constant connectivity is ruining our social lives
Today, not responding to a call or text within a specific time frame is almost disrespectful, and not responding at…
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