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The EgyptNew Zealand trade exchange was $424 USD $260 million in July 2022

New Zealand and Egypt have maintained friendly and cooperative relations since their official establishment in the mid1970s. New Zealands Ambassador t

New Zealand and Egypt have maintained friendly and cooperative relations since their official establishment in the mid1970s. New Zealands Ambassador to Cairo, Greg Lewis, explains in detail the relationship between the two countries, and areas of cooperation, and understands the special relationship between Lewis and Egypt and Mango. New Zealands exports to Egypt will reach NZD 410 million in 2022, and Egypts exports to New Zealand will reach NZD 14 million. Trade is a priority as it creates jobs for both Egyptians and New Zealanders. However, bilateral relations are much broader than trade. We work extensively with Egypt in a variety of bilateral and multilateral areas. NZ has been a member of the Multinational Forces and Guards in Sinai since 1982. Read More..

B2B Tech News | 2 years ago        

Digital Freight Forwarder Acquires CIA Logistics After 500% Revenue Growth

After 35 years in business, Port Melbourne freight specialist CIA Logistics is being acquired by logistics startup Ofload for an undisclosed sum. The

After 35 years in business, Port Melbourne freight specialist CIA Logistics is being acquired by logistics startup Ofload for an undisclosed sum. The acquisition is the first since Sydneybased Ofload was founded three years ago. This comes more than nine months after raising $20 million in a Series A round backed by investors such as King River Capital and Flexport. Ofload CEO Geoffrey Henry is the younger brother of Thibault Henry, founder of food delivery company VOLY. The combined company will expand its footprint and focus on building a digital ecosystem and network of carriers and carriers. The operations, sales and finance teams will continue to report to CIALogistics CEO Tony Coutty. Read More..

B2B Tech News | 2 years ago        

Kama Ayurvedas majority shareholder is Spanish company Puig

Spanish beauty and fashion company Puig has increased its investments to take a majority stake in Kama Ayurveda. Puig will maintain its commitment to

Spanish beauty and fashion company Puig has increased its investments to take a majority stake in Kama Ayurveda. Puig will maintain its commitment to strengthening the brands leading position in the Indian market. It will also support expansion into global markets, including the UK, in early 2023. The brand portfolio is divided into three business segments Beauty and Fashion with its brands Carolina Herrera, Paco Rabanne, Jean Paul Gaultier, and Charlotte Tilbury. Read More..

B2B Tech News | 2 years ago        

South korea finals google and meta $72m for violation of countrys privacy laws

The South Korean PIPC or the Personal Data Protection Commission has fined Google and Meta. The fines amount to KRW 100 billion or approximately $ 72

The South Korean PIPC or the Personal Data Protection Commission has fined Google and Meta. The fines amount to KRW 100 billion or approximately $ 72 million. Google took the biggest hit, being fined KRW 69.2 billion or around $ 50 million. Meta, formerly known as Facebook, asked users to accept its privacy policy by August 8, otherwise, they would lose access to their Facebook and Instagram accounts. Google and Meta have been instructed to rework and formulate their consent dialogues in a manner consistent with South Koreas privacy law. Both companies said they will take the necessary steps to appeal the ruling. Read More..

B2B Tech News | 2 years ago        

LatAm Gent works to power biotech with genomic data from Brazil

Gent is a Brazilian startup that aims to bring biotechnology to the genetic data of the Brazilian population. Less than 1% of genomic data is collecte

Gent is a Brazilian startup that aims to bring biotechnology to the genetic data of the Brazilian population. Less than 1% of genomic data is collected from Hispanics and Hispanics. 87% are European. Data from the European setting suggest that this population is likely to benefit from precision medicine. Gent is a Sao Paulobased company committed to making genomic data accessible to everyone. Since its soft launch in June, the company currently has 4 clinics and over 200 active participants. Gent was able to secure backing by raising 10 million Brazilian reals $2 million in a preliminary round of funding. Read More..

B2B Tech News | 2 years ago        

Startup Suvastika Solar acquires patent from Indian government for IoTbased system

Suvastika, a startup led by Khushboo Sachdev, has received a patent from the Indian government for an IoTbased multibattery selection system. The comp

Suvastika, a startup led by Khushboo Sachdev, has received a patent from the Indian government for an IoTbased multibattery selection system. The company is backed by a strong team of technology bureaucrats who introduce and patent new technologies in the storage, solar, and energy industries. They plan to further disrupt these business industries by taking money out of their mouths and giving them technology. Suvastika is one of the fastestgrowing startups with a strong presence in international regions like Africa, the Middle East, and Southeast Asia. The companys products include solar power inverters that can manage offgrid and offgrid solar power. To conquer the global market, their goal is to create advanced technology and create incremental customization. Read More..

B2B Tech News | 2 years ago        

Bosch is building a $215 million plant in central Mexico

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretar

Technology supplier Bosch Group announced plans on Wednesday to build a 4.3 billion peso $215 million factory in the central Mexican state of Queretaro. According to a company release, the Bosch Rexroth subsidiary produces parts for mobile car applications. The factory covers an area of ​​42,000 square meters 452,080 square feet and will open next year, creating more than 900 jobs. We can develop a strong regional supply chain, said Greg Gumbs, president, and CEO of Bosch Rexroth North America. The company announced that it has invested about 15 billion pesos in Mexico in recent months to expand its plants in Queretaro and Aguascalientes and new production sites in Nuevo Leon. Read More..

B2B Tech News | 2 years ago        

Germany is attempting to acquire the majority of Uniper, a gas importer

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully na

The federal government plans to increase its stake in struggling energy giant Uniper to more than 50%, Reuters reported. The government could fully nationalize the gas importer to avoid a potential collapse of the energy system amid the worsening energy crisis. Germany agreed to a $15 billion bailout. People familiar with the matter told Bloomberg News that the company may need more than the bailout. Read More..

B2B Tech News | 2 years ago        



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1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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