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AI + Innovation (MENA) 
Infrastructure 
Public weighs in on state plans to fully exit from parts of agriculture sector within three years
The gov’t is taking the public’s pulse on its privatization plans. First up: Agriculture. The government yesterday began the first…
Earnings watch: OIH
EARNINGS WATCH- Orascom Investment Holding turned to the black in 1Q2022 to report EGP 86.5 mn after reporting a loss…
Down rounds are happening in Egypt
Has the down round boogeyman come to Egypt? The ultra-loose financial conditions that allowed VCs to pour USD 600 bn…
Webhelp eyes further expansion in the Egyptian market
Outsourcing and consultancy firm Webhelp plans to more than triple its headcount in Egypt by the end of 2024, the…
EFG’s Tanmeyah acquires B2B marketplace Fatura
EFG Hermes’ microfinance arm Tanmeyah has acquired B2B e-commerce marketplace Fatura in a stock and cash transaction, it said in…
The government’s automotive strategy dominated the airwaves last night
The government’s auto strategy took center stage on the airwaves last night: Prime Minister Moustasfa Madbouly’s speech on the government’s…
Egypt’s FDI might outdo much of the world in 2022
Egypt saw foreign direct investment inflows fall 12% in 2021 but remained the second-largest recipient of FDI in Africa after…
THIS EVENING: Egypt was the second largest recipient of FDI flows in Africa last year + US equities seesaw amidst expected rate hikes
Good afternoon, ladies and gentlemen, and welcome to the limbo issue, as all eyes are eagerly awaiting the results of…
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