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Sam Altman’s planned chip venture could cost up to USD 7 tn + Why women’s X chromosome could be linked to autoimmune disease
Altman has been in talks with UAE + US investors
Al Ahly Financial Services launches sukuk arm. PLUS: Locally-made PV cells, semiconductors, TVs
From startups, to food and beverages and TVs, it’s a morning full of investment news. AL AHLY FINANCIAL SERVICES LAUNCHES…
Capital is leaving China at the fastest pace since 2016
The country’s currency is facing renewed pressure after investors pulled USD 75 bn in net outflows in September
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
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Arm scales back IPO
But it’s still on course to be the world’s biggest IPO this year
No chips for you
US expands AI chip export restrictions to Middle East over national securit y concerns: The US has expanded its export…
Companies should probably rethink their office space + China has been secretly working to cement its position in the global chip industry
People are more inclined to use collaborative work spaces
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