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Alibaba Pumps In 2 Billion Yuan For Its Instant Commerce Initiative

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

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

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

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

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 ...

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