Alibaba Pumps In 2 Billion Yuan For Its Instant Commerce Initiative
According to Hu Qiugen, Alibaba’s instant commerce unit’s general manager, with this technical support, each store will ensure that ‘one-stop, ...
Saudi Arabia’s Startup Sector is Booming With Investments in AI, Fintech, and Logistics
Logexa, a logistics platform, raised $2 million with backing from Nour Nouf Ventures and angel investors. The company will optimise ...
Egypt’s SCZONE Secures $3.5 Billion Investment For Three Mega Projects
This partnership is a much-needed bolster to investments in the SCZONE, as it not only strengthens localised industries but will ...
UAE Invites Public to Launch First AI-Designed Commemorative Coin
The launch of the commemorative coin design contest celebrates the UAE's technological advancement and shows how it is progressive to ...
Italy’s Bending Spoons Secures $2.8 Billion In Debt Financing To Buy AOL From Yahoo
Bending Spoons is known for acquiring struggling tech companies and revamping them. In 2024, the Italian giant completed a funding ...
NVIDIA Invests $1 Billion in Nokia to Launch AI-Powered Networks for 6G
The deal includes Nvidia investing $1 billion in Nokia. The goal for both companies is to become the first to ...
OpenAI Transitions to For-Profit, Pushing Microsoft’s Valuation to $4 Trillion
Microsoft has a deal to access OpenAI technology until 2031. Microsoft has a 27% stake in OpenAI, estimated at $ ...
ScottishPower Installs First HVDC Offshore Converter Amidst UK Offshore Wind Budget Cuts
The module was lifted and set up by Heerema Marine Contractors’ crane vessel Sleipnir, which is the world’s biggest crane ...
ACCIONA Sets New Standards for Sustainable and Efficient Logistics Solutions in the Middle East
ACCIONA’s Facility Management business is empowering companies in Qatar to reduce operational costs, thereby enabling sustainable, more competitive business by ...
Budget Saudi Arabia Drives National Progress, Aligning Record Growth with Vision 2030 Goals
Whether it’s a compact car like the Toyota Yaris for navigating Riyadh’s bustling cities or a spacious Hyundai Sonata for ...
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