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Egypt and Cyprus are preparing for COP27

A Cypriot delegation arrived in Egypt in the months leading up to Egypts hosting of the 27th session of the UN Climate Change Conference of the Partie

A Cypriot delegation arrived in Egypt in the months leading up to Egypts hosting of the 27th session of the UN Climate Change Conference of the Parties COP27 . A delegation from Cyprus has arrived in Egypt to hold talks about the COP27 climate summit. In support of Egypts efforts to make COP27 a success, Greece is also eager to participate. Read More..

B2B Tech News | 2 years ago        

ADIBEgypt and Simplfi together will expand the digital payments ecosystem in Egypt.

MENA and SimpliFi, a Cards as a Service CaaS platform for the banking and fintech industries in Pakistan, and ADIB Egypt, one of the most entrepreneur

MENA and SimpliFi, a Cards as a Service CaaS platform for the banking and fintech industries in Pakistan, and ADIB Egypt, one of the most entrepreneurial and digitally focused Sharia banks in Egypt, are working to accelerate the digitization of payments. Egyptian companies. The partnership enables companies to launch programmed prepaid cards by reducing startup costs and time to market. This will leverage SimpliFis deep technology, domain expertise, and customer relationships, together with ADIBEgypts digital banking expertise, to bring SimpliFis innovative CaaS model to Egypt. The bank seeks to expand its portfolio of advanced digital solutions for its customers, especially for businesses, by enabling its customers to issue, manage and operate their card programs. Mohamed Ali, the CEO and Managing Director of AD IBEgypt said Partnering with this innovative platform with firsthand experience enables Egyptian companies to be a gateway to integrated financial digitization Read More..

B2B Tech News | 2 years ago        

Vietnam Apple Foxconn invests an additional $300 million in plant in North Vietnam

The Taiwanese company signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City last weekend to expand the facility. F

The Taiwanese company signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City last weekend to expand the facility. Foxconn has moved some of Apples production of iPads and AirPods to Quang Chau Industrial Park in Bac Giang. Currently, it appears that both Apple and Foxconn have started trial production of the Apple Watch in northern Vietnam. Vietnam is particularly known as a hub for the manufacturing activities of highincome countries adopting the China plus one strategy. Vietnams business costs, especially for production, are low, due to accessible general costs, such as buildings, land, and labor. Since June this year, Foxconn said it has been hiring about 60,000 people in Vietnam the largest production base outside China. Read More..

B2B Tech News | 2 years ago        

A whistleblower for Twitter has accused the company of misleading authorities about bot accounts and security

According to a complaint posted by the Washington Post, the ad alleges extremely serious flaws in Twitter concerning privacy, security and content mod

According to a complaint posted by the Washington Post, the ad alleges extremely serious flaws in Twitter concerning privacy, security and content moderation. CNN reported, citing Zatkos complaint, that Twitter executives lack the resources and have no incentive to fully understand the true number of bots on the platform. The social media company sued Tesla CEO Elon Musk after the worlds richest man said he would shut down the company in July for breaching a $44 billion takeover deal. eurocontract.A spokesperson on Twitter said on Tuesday that Zatko was fired from her top position in January for ineffective leadership and poor performance Read More..

B2B Tech News | 2 years ago        

Hungary can finance the acquisition of Vodafone with debt

The chief of staff to Prime Minister Viktor Orban suggested on Tuesday that Hungary could borrow money to pay for the purchase of a 49% stake in the H

The chief of staff to Prime Minister Viktor Orban suggested on Tuesday that Hungary could borrow money to pay for the purchase of a 49% stake in the Hungarian division of British company Vodafone. Orbans chief of staff, Gergely Gulyas, responded to a question about whether a loan would be used to pay for the 350 billion forints $845.12 million purchase of Vodafone When the deal is signed, we will reveal the details... but your assumption is not far from the reality. On Monday, Vodafone disclosed its intention to sell its Hungarian operations to the Hungarian government and local IT firm 4iG for 715 billion forints in cash. Read More..

B2B Tech News | 2 years ago        

Kenya Airways cuts takeback losses to K9.88 billion

Kenya Airways KQ reported a loss for the first half of the year of Sh9.88 billion, which was less than the loss of Sh11.48 billion it reported for the

Kenya Airways KQ reported a loss for the first half of the year of Sh9.88 billion, which was less than the loss of Sh11.48 billion it reported for the same period last year. Operating costs, which increased by 50% to Sh53.11 billion as a result of a sharp increase in fuel prices globally, however, hindered the performance. The airline has benefited significantly from several state bailout packages that have kept it afloat. The Sh36 billion bailout for KQ, according to the Ministry of Transport, is conditional and will only be made available to the airline after it meets its goals. According to KQ chairman Michael Joseph, the opening of borders around the world has led to quick rebounds in some key markets Read More..

B2B Tech News | 2 years ago        

Germanys Stadler secures a new contract for TINA trams

Stadtwerke HalleGruppes business unit, Hallesche Verkehrs HAVAG, received the contract for 56 new trams. The first trams of the Tina series will be la

Stadtwerke HalleGruppes business unit, Hallesche Verkehrs HAVAG, received the contract for 56 new trams. The first trams of the Tina series will be launched in 2025 in the city of Halle in central Germany. Our fourth order, this contract settlement underlines the success of the innovative TINA vehicle concept, said Anskar Brakmi, Stadlers executive vice president for marketing and sales. According to Stadler, the 39 vehicles of the future MGTM model will be around 30 meters long and will be able to accommodate 166 passengers, of which 64 will be seated. Read More..

B2B Tech News | 2 years ago        

Apple and Samsung Partners Raise $65 Million for AfterSales and Device Management Platform Servify

Servify, a Mumbaibased startup, manages the device lifecycle of major smartphone vendors, including Apple and Samsung. We work with over 75 electronic

Servify, a Mumbaibased startup, manages the device lifecycle of major smartphone vendors, including Apple and Samsung. We work with over 75 electronic device manufacturers, including our partners OnePlus and Xiaomi, and offer whitelabel aftersales services such as damage protection and extended warranties. The 7yearold startup has raised over $110 million to date and expects to raise another $510 million in its current round. Servify has raised new funding from Singularity Growth to break even and file for an initial public offering IPO within 1820 months. CEO Prabhakar said the startup is trying to monetize from next month. Servify has acquired several startups, including 247Around and WebToGo, since its last funding round in September 2020. Read More..

B2B Tech News | 2 years ago        



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