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AI + Innovation (MENA) 
Infrastructure 
Arm to close IPO order book early on huge investor demand
The institutional offering was reportedly 10x oversubscribed as of yesterday
SODIC gets two new board members
ADQ’s Roque Solabarrieta and Khalifa Albloushi will now sit on the board
New tech may enable speech after paralysis or ALS + AI-written guides could lead to poisoning
AI clandestinely publish misleading guide on foraging mushroom that can threaten lives
More than 6 consortiums interested in north coast solar tender. PLUS: Local wheat, Yalla is heading to KSA, golden licenses in the bag for 4 projects.
Acwa Power, Scatec and Toyota are among those considering bidding for the contract, which would see the construction of five…
Beltone Venture Capital acquires 20% of home decor brand Ariika
Ariika will use the EGP 31 mn in fresh capital to expand in Saudi Arabia and increase export volumes
THIS EVENING: Beltone Venture Capital acquires 20% in ariika
Happy THURSDAY, ladies and gentlemen. It’s a calm-ish afternoon to wrap up the first week of the month, which we’re…
Telecoms + tech firms players are doing well despite macro headwinds — but have a challenging road ahead
Results were solid in 2Q despite inflation, devaluation
EFG Hermes tops EGX brokerage league table in August
CI Capital, Mubasher, Thndr and Ostoul rounded out the top five firms.
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