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Egypt increases exclusive bonus to EGP 300 for government subsidized cards

Egyptian President Abdel Fattah alSisi on Wednesday ordered to increase the special bonus for state grant cards from 100 Egyptian pounds $15.62 to 300

Egyptian President Abdel Fattah alSisi on Wednesday ordered to increase the special bonus for state grant cards from 100 Egyptian pounds $15.62 to 300 Egyptian pounds $15.62, the news agency reported. MENA state. Sisi also ordered a £32bn increase in funding for the Bread Grants Programme. Read More..

B2B Tech News | 2 years ago        

Egypt launches a public IPO program on the stock market

The Egyptian government is preparing to resume its IPO program. Invitations to the government IPO committee meeting are expected next week. The Egypti

The Egyptian government is preparing to resume its IPO program. Invitations to the government IPO committee meeting are expected next week. The Egyptian government planned to list the shares of 10 stateowned companies on the stock exchange during the year, but it was put on hold after the RussiaUkraine crisis. Twentyone months later, the Egyptian government offered only 4.5% of Eastern Tobacco Co.s shares in 2019. Together they are part of Egypt Co.s funding. Read More..

B2B Tech News | 2 years ago        

Healthcare Software Demand Cloud Market Segment Expected to Grow Exponentially and Tip for Largest Share by 2030

Technology Assessment, the Partner & Customer Ecosystem, the type of solution, the service, the size of the organisation, the enduse verticals, and Re

Technology Assessment, the Partner & Customer Ecosystem, the type of solution, the service, the size of the organisation, the enduse verticals, and Region Market Data Centres forecast for the global ondemand wellness software market through 2030. Due to growing investments in the research and development process as well as the adoption of solutions in the area, North America is anticipated to represent a sizeable portion of the market. Increasing investments by important vendors in product capabilities and business expansion are likely to fuel the market during the study period. Read More..

B2B Tech News | 2 years ago        

The water recycling and reuse market will grow to $13.58 billion due to high revenues from the industrial enduser segment.

According to the report, the market will experience accelerated expansion at a CAGR of 13.65% over the anticipated period. Water shortages and growing

According to the report, the market will experience accelerated expansion at a CAGR of 13.65% over the anticipated period. Water shortages and growing environmental concerns are major growth drivers. Across the coming ten years, there will likely be serious water shortages in the Middle East, North Africa, and Southeast Asia. The market is projected to rise as a result of increasing industrialization in developing nations and water treatment laws. The global market for water recycling and reusing has been grouped by Technavio analysts as a subsegment of the global market for water utilities. The lack of water and growing environmental concerns are two of the main growth drivers for this market. Read More..

B2B Tech News | 2 years ago        

Dytran was integrated into the HBK business following its acquisition of Spectris

In a strategic business move, accelerometer specialist Dytran Instruments has been purchased by Spectris and integrated into the HBK arm, broadening b

In a strategic business move, accelerometer specialist Dytran Instruments has been purchased by Spectris and integrated into the HBK arm, broadening both companies. Ben Bryson, president of HBK, said Im very excited to welcome Dytran and its employees into HBK. The move opens up HBKs access to an important new sales region. Dytrans technologies include its piezoelectric sensors, which measure vibration, force and pressure, 6DOF sensors, MEMS accelerometers and digital smart sensors. Based in California, Dytrans largest market is in North America. Read More..

B2B Tech News | 2 years ago        

Tencent and Sony buy a stake in developer Elden Ring for $260 million

Tencent Holdings and Sony have acquired a 30% stake in Elden Ring game developer FromSoftware. The combined investment is worth around US$260 million,

Tencent Holdings and Sony have acquired a 30% stake in Elden Ring game developer FromSoftware. The combined investment is worth around US$260 million, with Tencent and Sony paying US$140 million and US$120 million, respectively. As a result, Tencent now owns 16.25% of FromSoftware, while Sony Interactive Entertainment owns 14.09%. The rest is owned by Japanbased Kadokawa Corporation. Kadokawa said the three companies have operated a strategic alliance in the fields of anime and gaming since 2021. Recent investments will be used to expand FromSoftwares expansion into global markets. Before that, the game studio was also known as the creator of the Sekiro Shadows Die Twice and Bloodborne Dark Souls series. Read More..

B2B Tech News | 2 years ago        

Russia and South Korea cooperate to build Egypts Dabaa nuclear power plant

Korea Hydro and Nuclear Power secured a $2.25 billion deal from an affiliate of Russias staterun nuclear energy company Rosatom. In 2015, Egypt and Ru

Korea Hydro and Nuclear Power secured a $2.25 billion deal from an affiliate of Russias staterun nuclear energy company Rosatom. In 2015, Egypt and Russia agreed to build a fourunit power plant with a total capacity of 4,800 megawatts for $30 billion. Under the 2015 contract, Rosatom is required to build the Dabaa plant, supply nuclear fuel throughout its life cycle, and provide operational and technical support. Egyptian Energy Minister Abdel Nabi AbdelNabi has said that Russia and South Korea are the two best options to build the Dabaa nuclear power plant in Egypt. The United States greenlighted South Korea to work on the project, given the economic sanctions imposed on Russia. Direct economic repercussions may emerge from working with Russia amid the sanctions signed on Moscow, which target Russian industries, according to Widdershoven. Read More..

B2B Tech News | 2 years ago        

Asian equity markets mixed ahead of the latest US employment reading

Asian stock markets were mixed ahead of U.S. Employment data that may influence plans for further rate hikes. A strong reading gives ammunition to Fed

Asian stock markets were mixed ahead of U.S. Employment data that may influence plans for further rate hikes. A strong reading gives ammunition to Fed officials who say higher interest rates are needed to slow economic activity. The Chinese government ordered most residents of Chengdu, a city of 21 million people to stay home following new virus outbreaks. Closes The S&P 500 ends the month with a 4.2% loss, its worst monthly performance since July. The Dow Jones closes up 0.5%, but the Nasdaq sees its fifth daily drop in a row. In energy markets, benchmark U.S. crude rises $1.65 to $88.26 per barrel, after plunging to $86.61 on Thursday. Read More..

B2B Tech News | 2 years ago        



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