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AI + Innovation (MENA) 
Infrastructure 
How corporate AI mandates burned through budgets, gutted teams, and left little to show for it
The era of the blank check for enterprise AI is abruptly closing as businesses scramble to implement strict monthly quotas…
Egypt + World Bank build a USD 520 mn private infrastructure financing vehicle
Good morning, folks. One common theme this morning: the market thinks a rate cut is coming and everyone is positioning…
Somou Boulevard is Paragon’s wager that Egypt’s compound-obsessed market is ready for something different
An AI researcher walks into real estate during Covid and six years later structures a JV the way institutional investors…
Imported cars are facing an unofficial squeeze ahead of a formal tariff coming by end-August
The squeeze shows that Cairo wants cars built here, not shipped in
Nadine ElAshkar built a hospitality tech startup from a USD 60k student debt pile and sold it to Inn-Flow — here’s what she learned
We sat down with ElAshkar to find out how Lilo came to be, what the fundraising and exit process actually…
Mylerz raises over EGP 100 mn to fund domestic expansion
Proceeds will go toward shoring up Mylerz’ balance sheet, funding its working capital needs, and supporting infrastructure growth here at…
MENA VC survives on bigger bets
Regional startup funding fell 22% y-o-y in 1H
Mistral wants to be Europe’s sovereign AI champion — Gulf money is helping fund it
Mistral offers European institutions something OpenAI doesn’t: models they can run on their own servers, behind their own walls. Gulf…
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