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AI + Innovation (MENA) 
Infrastructure 
Edtech startup OBM secures six-figure investment for Saudi expansion
The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the…
More funding for Cairo Metro Line 4?
The NTA wants to secure an EGP 17 bn loan from local banks for Cairo Metro Line 4
Four schools inaugurated at Cosmic Village
The four schools will be managed by the EEP, CIRA, and Eduhive
More funding from the AfDB. PLUS: ICON is heading to Saudi and we’re in for Indian, and German investments
The AfDB plans to lend us USD 349 mn before the end of the year
EFG Hermes-backed education firm could enter Saudi market. PLUS: Vortex has so far invested EUR 300 mn in Ignis
EEP could roll out its own brands in KSA or acquire and invest in new brands
Sky, Reliance Logistics in talks with BdC to fund multipurpose terminal at East Port Said port. Plus: Banque Misr land sale
Plus: The Egyptian Holding Company for Silos and Storage wants to borrow EGP 5 bn to fund silo expansion
CBE gets c. USD 1 bn from Chinese Development Bank
The loan will help finance projects agreed upon in the Belt and Road Forum
ADQ finalizes acquisition of stakes in state-run petchem, drilling companies
The Emirati wealth fund acquired 25-35% stakes in the three state-run firms for USD 800 mn
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