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Infrastructure 
A byte into this week’s tech news
Ads in WhatsApp, AI talent wars, and the race to own the future of mobility were a few of the…
The European Parliament gives its final greenlight to EUR 4 bn loan. PLUS: iSchool, State Grid, CI Capital, EgyptAir
A total of 386 out of 567 MEPs voted in favor of approving the loan
12 Latin American countries band together to bring a new AI model to life
Latam-GPT is not meant to compete with its bigger-budget state-of-the-art counterparts, but is meant to be a widely applicable alternative…
Egypt Kuwait Holding to sell entire 63.4% Delta Ins. stake. PLUS: SODIC, Madar Developments, Punalu, Erada Microfinance, DisrupTech Ventures
The Morocco-based ins. player submitted an MTO to acquire up to 100% of Delta Ins. at EGP 40 per share…
Octane lands USD 5.2 mn in fresh funding to support operational, regional growth
The funding round was led by Shorooq Partners, Algebra Ventures, and SC Holdings
The private sector now gets the lion’s share of Egypt’s development finance
Over the past five years, the private sector received over USD 15.6 bn in concessional funding
Trump Organization’s latest venture is…phones?
Trump Mobile will be an entirely American venture — with its smartphone manufactured locally and marketed towards Trump’s supporters
Ride-hailing app Arrw secures operating license. PLUS: Real estate funds, Nowpay + United International Holding Company
The company will kick off operations with a three-month trial period in Alexandria and the North Coast
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