Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
New EgyptAir flights to UK, India
The new flight routes will launch during the summer
El Sisi’s African tour, rising meat prices, Swvl’s new license and Fifpro receive attention on the airwaves
El Sisi’s African tour dominated the night’s talk shows.
New finance for Air Cairo + IFC support for microlenders
AfreximBank is lending USD 44 mn to help fund new planes for Air Cairo
Disruptech to invest USD 5 mn in local fintechs this year. PLUS: real estate in new cities, delayed customs clearance fees
A number of international investors have committed funds to the VC’s USD 36 mn fintech fund
A look at the government’s spending plans for the Hayah Karima initiative in FY 2023-24
Completing the initiative’s first phase is the top priority, with EGP 150 bn earmarked
Swvl closer to regaining compliance with Nasdaq audit regs
Company appoints Ayman Ismail to audit committee, a month after two of its members resigned
FinMin announces temporary VAT exemption on imported machinery and equipment. PLUS: Microfirms can borrow more, new PwC center,
Ministry didn’t disclose how long the exemption will remain in place
A look at the state’s infrastructure spending priorities for FY 2023-24
Transport remains the single largest recipient of infrastructure investments
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