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AI + Innovation (MENA) 
Infrastructure 
72% of parents are spending more time driving now that the school year has begun
School’s in, and that means parents are spending more time on the road
Binghatti unveils AED 600 mn Dubai tower
Plus: Botim owner Astra Tech launches SME payroll solution
TA Associates acquires majority stake in Dubai’s AlephYa
TA aims to scale AlephYa’s operations through the partnership
On s-linked finance, Gems Education’s landmark facility, and avoiding “froth” in ESG conversations
Mashreq led negotiations for ESG goals linked with Gems’ USD 3.25 bn s-linked facility
UAE, Saudi led regional IPOs in 2Q 2024
Alef Education’s IPO figured as MENA’s second biggest share float in 2Q 2024
Kuwait’s Menzies Aviation eyes “aggressive” expansion in UAE + Saudi Arabia
ALSO- Abu Dhabi to implement a centralized system to track stack emissions
Oraseya Capital backs seven startups in latest sandbox cohort
The seven startups received AED 570k worth of backing
More 2Q earnings
Multiply, PNC Investments, Rakbank, and Dubai Refreshment Company also posted their financial results for the quarter
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