Browsing: Business
Startups saw record levels of VC investments, according to reports by CB Insights, a leading technology insights firm, which reported global investments of USD 621 billion last year.
Startups from across the MENA region raised USD 297 million through 29 deals in April of this year.
In an effort to further renewable energy development SCzone, Egypt’s sovereign wealth fund, has signed a deal to implement the production of 300,000 tons of green ammonia.
hrough its presence at ATM 2022 (this year’s Arabian Travel Market event), the Zimbabwe Tourism Authority (ZTA) is seeking to gain from the post-pandemic rise in travel and tourism across the Gulf.
The Kingdom of Morocco is aiming to increase its renewable energy output to 12 gigawatts by 2030, according to government sources. The announcement was made at the World Utilities Congress in Abu Dhabi.
Cashew aims to grow into the rapidly expanding ‘buy now, pay later’ (BNPL) sector, with Egypt as a top potential market.
AD Ports Group has signed an agreement with the Egyptian Group for Multipurpose Terminals to develop Egyptian ports.
Zimbabwe’s participation in the UAE’s Expo 2020 has resulted in a significant rise in enquiries regarding investment opportunities.
The North African Trade Finance Summit (NATF 2022) will take place in Cairo on June 7 and 8 and will run under the theme of “Trade Resilience and Optimization Amidst Global Supply Chain Disruptions”.
The Central African Republic’s move echoes that of El Salvador, which adopted Bitcoin as an official national currency last year. The Central African Republic is the first country in Africa to adopt the cryptocurrency as legal tender, and only the second state in the world to do so.