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Infrastructure 
Local investor snaps up minority stake in Simplex
Simplex will use the funds from the transaction to complete the construction of its EGP 100 mn factory in Tenth…
Big Tech is looking towards micro nuclear reactors to powers its power-hungry AI ambitions
Going nuclear. Big Tech is putting its resources behind developing nuclear technology in small modular reactors (SMRs) to support the…
What’s in the pipeline for Mashreq Neo + more on the successes and challenges of digital banking in the region
The bank is planning to roll out more lending and savings products for Egypt
The guide to iPhone alternatives
Are you totally over your iPhone? When it comes to the world of smartphones, there’s a plethora of options —…
Sawari Ventures is launching its USD 200 mn Sawari Ventures Fund II
The fund will target local and African startups and fintech players
Zafarana wind farm sale pushed back? PLUS: News from Eastern Company, Rameda, Fawry
The Zafarana wind farm had been reported to be the subject of ongoing negotiations earlier this month
NRA to launch tender for the management of Bashteel’s garage. PLUS: News from Orascom Development, EBRD, B.TECH
The investor will be responsible for maintenance, cleaning, security, and utilities throughout the 10-15 year lease
Rabbit Mobility closes USD 1.3 mn round
The company plans to expand into the Moroccan market next year
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