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AI + Innovation (MENA) 
Infrastructure 
We could host Africa’s largest data center complex
Elsewedy Data Centers and Emirati firm Gulf Data Hub plan to invest USD 2.1 bn to build three data center…
Meet our founder of the week: Sophia Korayim, co-founder and COO of Weelo
I could see that the supply chain industry was ripe for disruption
USD 1 bn for expansion at CIB, the wind-down of CVentures, and pharma goods stuck in port?
BANKING- CIB could raise USD 1 bn for expansion: CIB is seeking regulatory approval to issue financial instruments worth up…
Flat6Labs’ Saudi Seed Fund reaches first close + MobileMasr raises USD 500k seed round
The fund “will adopt a highly diversified, systematic investment plan
Oldest tomb in Luxor opens to visitors
The international press is taking a breather from coverage of the economy, serving up a mixed bag of stories in…
Gov’t to hire 30k new teachers in bid to end shortage + telcos can market micro ins. policies
EDUCATION- Teacher hiring drive: The Education Ministry is looking to hire 30k primary school assistant teachers for the first, second…
Pharma delivery startup Yodawy lands USD 16 mn in series B funding
The startup will use the funding to fuel its regional expansion plans
Abou Ghaly brings a Geely EV to the local market (with payment in FX), looks to use Egypt as a hub to sell EVs into Africa
Abou Ghaly will introduce Geely EVs here: Abou Ghaly Motors is introducing Chinese automaker Geely’s Geometry C electric car to…
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