Infrastructure 
MENA+ Edition 
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AI + Innovation (MENA) 
Logistics startup Trella gets USD 3.5 mn from Avanz Capital as part of ongoing bridge round
The ongoing bridge round is earmarked for the startup’s growth
Saudi logistics startup OTO marks entry into Turkish market
OTO is planning to focus on providing shipping services to retail and e-commerce players
Qatar + Uzbekistan, Egypt + KSA to boost trade trade relations. PLUS: UAE, Vietnam discuss trade ties
Qatar’s Emir Tamim bin Hamad Al-Thani met with President of Uzbekistan Shavkat Mirziyoyev yesterday and inked several agreements and MoUs,…
Non-oil private sector activity continues its boom in KSA + UAE + Qatar, while contraction softens in Egypt
New orders are on the up and up across most of the region
Egypt’s Transport Ministry + Korean shipbuilder Dae Sun to build two multi-purpose ships
More ships could come soon, as part of KCFMT’s partnership with the Transport Ministry
Egyptian National Railways + Austria’s Voestalpine partner up to manufacture and supply railway switches
Voestalpine Egypt for Railway Switch Technology will produce 300 switches annually under the agreement
Bahrain to overhaul data center infrastructure + Acelen invests USD 2.5 bn in renewable diesel. PLUS: SCZone makes plans for digitization, Abu Dhabi opens new bridge
AVIATION- Mubadala Capital’s energy subsidiary Acelen plans to invest USD 2.5 bn to produce renewable diesel and sustainable aviation kerosene…
Egyptian trucking startup Trella to wind down its operations in Pakistan
The startup is making the exit due to economic headwinds hitting the country
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