Good morning, lovely people. The biggest IPO the EGX has seen in at least a decade is now trading, and it opened quietly, up 0.19% on a price set right at fair value. Still early days, and we will be ...
We also know where a good chunk of the EGP 36.37 bn IPO proceeds is headed: the Finance Ministry will take up to half of it to ease public debt pressures, a senior government official tells us, and ...
G42 finds itself in an unprecedented position as it preps one of the largest computing infrastructure builds in human history. The sovereign-backed UAE national AI champion has loads of capital, an ...
OpenAI is weaving itself deeper into the UAE’s economy. CEO Sam Altman signed four deals in Abu Dhabi on Monday that put OpenAI’s models to work across the emirate’s government, its biggest oil ...
Multinational tech giant Oracle is doubling down on its UAE and KSA footprint, executive VP for EMEA Cormac Watters told The National. Expansion in Qatar and Kuwait is also in the cards, he said, in ...
OpenAI has cut the target for its latest funding round to USD 20 bn, down from the USD 30 bn it was said to be looking for just days earlier, the Financial Times reports. A group of UAE investors will ...
Good morning and welcome to EnterpriseAM AI + Innovation. Looking for an election movie? Check out The Candidate for a dose of Robert Redford optimism mixed with 1970s malaise. Or The Manchurian ...
Happy Monday, friends. Tehran has put a two-day reopening of Hormuz on the table and Washington is weighing it against tomorrow’s midterms. Financing is ...
On the Made in Egypt front, we meet the founder behind Almah. Manal Saleh, who co-founded the Egyptian Clothing Bank, turns donated vintage fabric from the 1950s and 1960s into contemporary designs, ...
UAE regulators have the largest cryptocurrency hack in history on their hands. Abu Dhabi’s Financial Services Regulatory Authority is essentially the home regulator for Binance, the world’s largest ...
Flight refund bots: Startups are using AI to help air travelers claw back some flying costs, Reuters reports. Services like JetBack, Junova, and Refare watch your fare after you book. If the price ...
Back to domestic action tonight in the Egypt Capital Cup: Wadi Degla and Zamalek go head-to-head in Round 2 of the group stage at 5pm, broadcast live on ON Sport Max. A few hours later at 8pm, Al Ahly ...
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