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Infrastructure 
Newly-merged Wasoko and MaxAB tap new technical advisor
El Shenawy currently serves as president and CTO of driverless car maker Cruise
KSA’s Ayen fully acquires local startup Elmawkaa in SAR seven-figure transaction
The acquisition will allow Ayen to integrate Elmawkaa’s materials marketplace into its platform
Bots and misinformation not welcome here
The platform has verified 55 mn users to stop the spread of misinformation published using AI
Vezeeta announces new innovation hub, Visa and Nymcard partnership, regional expansion plans
This is Visa’s first healthcare venture in Egypt and the region
Beni Suef, Sharqia are getting EGP 4.8 bn worth of projects. PLUS: News from GIZ, EgyFert, Madinet Masr,
The projects are set to be completed within two years
KSA’s Edafa Venture Capital acquires strategic stake in Egypt’s Taskedin
The fresh funds will help the startup expand in the Gulf and beyond
China’s BAIC group to set up EV factory in Egypt with local agent Alkan Auto
The factory will initially have an annual production capacity of 20k vehicles
BAIC Group taps Alkan Auto for new EV factory project
Good afternoon, folks, and welcome to the second day of an already pretty busy week for local business, finance, and…
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