Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
Saudi-Egyptian alliance mull local startup MazAid stake, while Akhdar, Awfar, and OBM Education secure Saudi funds
The Saudi-Egyptian alliance is looking to acquire nearly half of the homegrown startup
Homegrown chip designer Pearl Semiconductor secures USD 4.5 mn investment. PLUS: Acacia invests in Senegal.
Sawari Ventures, Shorooq Partners, and QBN Capital all invested in the semiconductor company
Maersk signs framework agreement to acquire half of Zafarana wind farm
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
Ethmar Holdings could expand to Egypt. PLUS: Valu x Beymen.
INVESTMENT- EIH mulls expanding into Egypt + Saudi Arabia: Emirati holding company Ethmar International Holding (EIH) is considering expanding into…
How a flexible approach to finance can deliver for emerging businesses
Today’s Egyptian tech entrepreneurs still need to judiciously deploy their financial resources
Beltone flags push into non-bank financial services — and it’s looking to get into the ratings game
The company has money to spend after closing a EGP 10 bn capital increase in July
Current account surplus in 4Q as imports fall, tourism revenues rise
Egypt generated record revenues from tourism and the Suez Canal during the fiscal year
Chinese firms to produce wearable tech in the SCZone. PLUS: OIH exits Brazil, local pharma player enters KSA
MANUFACTURING- Chinese firms to produce smart tech in the SCZone: Chinese tech firms will produce wearable tech at a new…
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