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Egypt aims to raise up to $6 billion by selling government bonds by June 2023

Egypt hopes to raise $6 billion by selling shares in staterun corporations. The scheme can involve block sales to strategic investors or public share

Egypt hopes to raise $6 billion by selling shares in staterun corporations. The scheme can involve block sales to strategic investors or public share offers. Egypts minister of planning, Hala Elsaid, did not specify which businesses would be sold. As part of its efforts to strengthen an economy battered by Russias invasion of Ukraine, Egypt aims to draw more foreign direct investment. Along with that, it is negotiating a new loan with the IMF. Read More..

B2B Tech News | 2 years ago        

Housing.com will employ around 200 people in FY23. Investment in technology, promotion

In the fiscal year 2021–22 July–June, REA Indias revenue increased by 92% to approximately Rs 300 crore. Strong home demand following the second w

In the fiscal year 2021–22 July–June, REA Indias revenue increased by 92% to approximately Rs 300 crore. Strong home demand following the second wave of the epidemic, according to CEO Dhruv Agarwala, is what caused both Housing.com and PropTiger.coms revenue to increase. Australias REA Group purchased a majority share in Elara Technologies, the company that controlled all three portals, in December 2020. Agarwala Because of COVID, peoples perceptions of and interactions with homes have changed. Everyone realised that their home was the only place they felt protected. Read More..

B2B Tech News | 2 years ago        

Finastra and Visa collaborate to launch global BaaS offering

Finastra and Visa announced a Banking as a Service BaaS partnership to jointly develop new capabilities for the Payments Hub solution. The new feature

Finastra and Visa announced a Banking as a Service BaaS partnership to jointly develop new capabilities for the Payments Hub solution. The new feature gives Finastra Banking customers access to crossborder payment options in multiple currencies and countries for SMEs and individuals worldwide. Innovation in crossborder remittances is accelerating at an alarming rate, and banks are harassed to quickly implement and launch programs that exceed customer expectations, said Ruben Salazar Genovez, SVP, Global Head, Visa Direct there, he said . Barry Rodriguez, vice chairman of Payments at Finastra, said This BaaS partnership enables banks to integrate Visa products, giving banks more options for his or her customers when routing crossborder payments. Read More..

B2B Tech News | 2 years ago        

Global Biodegradable Plastics Market to Grow to $23.3 Billion 16.4% CAGR by 2030 Global Insights and Consulting.

Agriculture is expected to grow the fastest due to the increasing use of biodegradable cover films in agriculture. Traffic disruptions across the worl

Agriculture is expected to grow the fastest due to the increasing use of biodegradable cover films in agriculture. Traffic disruptions across the world hamper the logistics of many companies, affecting the market growth during the forecast period. The rapid expansion of singleuse plastics in the mask and glove industry is impacting the biodegradable plastics market. PLA is expected to grow the fastest due to increased use in food packaging as a sustainable resource. The US market is expected to expand significantly during the forecast period, driven by the growing demand for biobased packaging in the food and consumer goods sector. Read More..

B2B Tech News | 2 years ago        

SoftBank cuts Oyos intrinsic value by $10 billion to $2.7 billion

At a time when the startup is still months away from going public, SoftBank, Oyos largest investor, has reduced the Indian hotel chains valuation to $

At a time when the startup is still months away from going public, SoftBank, Oyos largest investor, has reduced the Indian hotel chains valuation to $2.7 billion, according to a source familiar with the situation. A representative for Oyo claimed that the startup has improved its financial situation recently and that it considers the rumours of a valuation reduction to be untrue. The spokesperson added that there is no rational basis for the markdown. SoftBank opted not to respond. Oyos startup claims that SoftBank owns 45% of the company. Read More..

B2B Tech News | 2 years ago        

Alibaba Cloud commits $1 billion to boost international cooperation

Alibaba announced a $1 billion investment in a global partner ecosystem upgrade. The money will are available in both financial and nonfinancial incen

Alibaba announced a $1 billion investment in a global partner ecosystem upgrade. The money will are available in both financial and nonfinancial incentives, including funding, rebates and gotomarket initiatives. the corporate is consistently recruiting local partners to require on responsibilities like sales, technical support and customer services. Alibaba Cloud currently has around 11,000 partners worldwide, including Salesforce, VMware, Fortinet, IBM and Neo4j. Even earlystage Chinese companies are joining the technological bifurcation.TikTok reportedly moved off Alibaba Cloud and moved all its U.S. data to Oracle servers. The countrys data law bans user data from leaving its borders, that the likes of Apple and Tesla have long been storing Chinese user data in domestic cloud centers. Read More..

B2B Tech News | 2 years ago        

Proxima, an insurtech startup, is introduced by MLTPLY.

MLTPLY has announced the launch of Proxima, an insurtech startup that offers insurance companies software to develop and support its staff. The compan

MLTPLY has announced the launch of Proxima, an insurtech startup that offers insurance companies software to develop and support its staff. The company currently operates in Latin America and the US, providing staff augmentation resources in underwriting and technology verticals. Plans to introduce new solutions for customers in 2023, including data collection and analysis, claims operations selfservice tools, and sales support. Camilo Cruz, Founder & CEO of Proxima, said, When I set out to build Unit, one of the first fullstack insurtechs in Latin America, we had to build comprehensive solutions tailored for the insurance industry because they just didnt exist.The company plans to introduce new solutions for customers in 2023, including data collection and analysis, claims operations selfservice tools, and sales support. Read More..

B2B Tech News | 2 years ago        

The FinFET Technology Market is Projected to Expand at a 40.85% CAGR and to Reach a Value of USD 149.01 Billion by 2029

The FinFET Technology Market was valued at USD 35.12 billion in 2021 and is expected to reach USD 149.01 billion by 2029, at a CAGR of 40.85% during t

The FinFET Technology Market was valued at USD 35.12 billion in 2021 and is expected to reach USD 149.01 billion by 2029, at a CAGR of 40.85% during the forecast period. A Qualitative Research Study accomplished by Data Bridge Market researchs database of 350 pages with 100+ market data Tables, Pie Charts, Graphs & Figures.FinFET is a type of 3D transistors or nonplanar transistors used in the design of modern processors. It employs a conductive channel to fabricate a thin, finshaped silicon structure that acts as a gate electrode. Multiple gates can operate on a single transistor thanks to a finshaped electrode. The miniaturization of semiconductor devices to maintain the progression of Moores law, combined with an increase in device performance, is creating ample opportunities for global adoption of FinFET technology. Read More..

B2B Tech News | 2 years ago        



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Refresh Your Facts

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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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