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Infrastructure 
How doxxing went from revenge to revenue
What started out as a method of one-on-one extortion has now become a lucrative business model
Al Ismaelia to complete two new Downtown hotels by 2025. PLUS: EGPC goes solar, CIB + Ostuka, NoorNation + KBW Ventures, Radwan, Rowan university heads to the NAC
The projects will add a combined 120 units to the area’s hotel capacity
Meet our founder of the week: Brown Nose’s Omar Abdalla
Brown Nose Coffee is a specialty coffee roaster and cafe based out of Cairo
Big corporations are starting to see AI as more foe than friend
56% of Fortune 500 companies cite AI as a risk factor in their annual reports
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
Some 1.6k meds set for price hikes by the end of 2025. PLUS: Home Group Development, Dream Agro, Global Biodiversity Framework Fund, Wfrley, Egypt Healthcare Authority
Companies could receive the greenlight to hike the prices of some 600 types of meds before the end of 2024
Ahram Security wants to become the latest Egyptian firm to set up shop in Saudi Arabia. PLUS: Suez Canal Bank + El Sherif Markets, Beltone + Raya, Olam, El Gouna
Ahram Security wants to begin operations at its Saudi factory in 2026
Government reportedly gearing up for October international gas exploration tender. PLUS: Fawry to launch Saudi operations in 2024, Ceramica Venezia resumes operations, Le Pacha 1901 to offload controlling stake
Oil Minister Karim Badawi has agreed with foreign partners operating in Egypt to accelerate development plans for concession sites
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