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Benya aims to increase its business size to 5 billion euros by the end of 2022.

The Benya Group is targeting a business volume of EGP 5bn by the end of this year. Benyas turnover reached more than EGP 3.5bn last year. The company

The Benya Group is targeting a business volume of EGP 5bn by the end of this year. Benyas turnover reached more than EGP 3.5bn last year. The company plans to double listing on the Egyptian Exchange and one of the Arabian Gulfs markets. Benya Group established a new factory in the Democratic Republic of Congo that will specialise in synthetic fibres. The company is preparing to be the first producer of fibre optic cables in the region. Benya Group works in cybersecurity and data centres for major cities and smart cities. Read More..

B2B Tech News | 2 years ago          

Rise of Organic Fertilizers Neutrog Australia to Thrive After $3 Million Fundraise.

The 1988founded South Australian business is the most recent in a line of successful equity crowdfunding initiatives that have taken place in recent m

The 1988founded South Australian business is the most recent in a line of successful equity crowdfunding initiatives that have taken place in recent months. Following its May 11 debut, the campaign attracted 794 individual investors, and the raise has subsequently become oversubscribed. The fact that Neutrog is a 34yearold company makes it stand out from the countless earlystage companies that typically fill the pages of equity crowdfunding websites, but according to cofounder and managing director of OnMarket Nick Motteram, Nuetrogs age gave the company a distinctive offering in the crowded space. The campaign, run by equity crowdfunding platform OnMarket, received support from 794 individual investors when it launched on May 11. Since then, the fund has been oversubscribed. Read More..

B2B Tech News | 2 years ago          

Elon Musk claims that the issue with the Twitter deal is bots, not China.

Elon Musks $44 billion takeovers of Twitter Inc. is still a very important matter, he told Bloomberg News EditorinChief John Micklethwait. He has repe

Elon Musks $44 billion takeovers of Twitter Inc. is still a very important matter, he told Bloomberg News EditorinChief John Micklethwait. He has repeatedly questioned its disclosures about fake accounts fueling speculation he wants to cut the price of the deal. Banks have committed to providing $13 billion of debt financing to back Musks acquisition. Twitter is banned in China, but the country uses it to spread its message overseas. Amazon.com founder Jeff Bezos alluded to the conflicts in a tweet. Musk has said he wanted to put the takeover on hold while he investigated how many of Twitter users are real people. Read More..

B2B Tech News | 2 years ago          

Saudi has invested more than $ 32 billion in Egypt

Saudi investments in Egypt exceeded $32 billion, according to the Council for Saudi Chambers of Commerce and Industry. The Egyptian investments in Sau

Saudi investments in Egypt exceeded $32 billion, according to the Council for Saudi Chambers of Commerce and Industry. The Egyptian investments in Saudi Arabia amount to $5 billion through more than 802 Egyptian companies. The Kingdom and Egypt are bound by more than 160 bilateral agreements that support the growth of economic relations. Egypt is the largest Arab trading partner for the Kingdom, as it is the seventh partner in terms of exports. Egypt ranked second in the list of the largest countries for which investment licenses were issued in the Kingdom in 2020. Egyptian imports to the Saudi market recorded 15.7 billion riyals $4.19 billion. Read More..

B2B Tech News | 2 years ago          

Markets decline following a twoday respite, tracking weak Asian markets.

Sensex and Nifty slipped into negative territory after a twoday breather, following weak trends in Asian markets. The 30share BSE Sensex was trading 4

Sensex and Nifty slipped into negative territory after a twoday breather, following weak trends in Asian markets. The 30share BSE Sensex was trading 418.07 points lower at 52,114.07, while the NSE Nifty fell 131.1 points to 15,507.70. From the Sensex pack, Tata Steel, Bajaj Finance, Axis Bank, Tech Mahindra, and Bharti Airtel were the major laggards in early trade. Meanwhile, Dr. Reddys Laboratories, Maruti Suzuki India, and Hindustan Unilever were the gainers. Read More..

B2B Tech News | 2 years ago          

Why can a shortage of fuel continue across the country?

Sources say that the Distribution of Premium Motor Spirit PMS will continue to be a challenge for the foreseeable future. Crude oil export receipts c

Sources say that the Distribution of Premium Motor Spirit PMS will continue to be a challenge for the foreseeable future. Crude oil export receipts continue to dwindle, leading to the NNPC not being able to make remittances to the federation account. The fuel subsidy regime emerging as an albatross for the states and the Federal Government. The Nigerian National Petroleum Corporation NNPC is the sole importer of PMS in Nigeria. Two ships loaded with PMS have been unable to discharge at the Pinnacle Depot. A Repair of damaged infrastructure, which is necessary for offloading, has been elusive. Read More..

B2B Tech News | 2 years ago          

Spainbased EasyJet cabin crew expect nine strike days in July

Spains EasyJet flight attendants called for a nineday strike in July. Strikes threaten to add to a summer full of annoyances for airline passengers. e

Spains EasyJet flight attendants called for a nineday strike in July. Strikes threaten to add to a summer full of annoyances for airline passengers. easyJet says it will do everything possible to minimize the inconvenience caused by the strike. EasyJet is cutting around 11,000 flights from its summer schedules. More than 1.5 million supporters from 180 countries now provide us with financial support, making us open to all and fiercely independent. Read More..

B2B Tech News | 2 years ago          

The results of the experiments show that we are still a long way from working in the Metaverse

The volunteers were asked to spend five days in a recreated virtual reality office in which they were supposed to spend 8 hours working with a 45minut

The volunteers were asked to spend five days in a recreated virtual reality office in which they were supposed to spend 8 hours working with a 45minute break inbetween. Two of the volunteers dropped out within hours of starting the experiment due to nausea and the rest reported being frustrated, anxious, and sore eyes by the end of the week. The metaverse is like a whole new world on the internet, where people interact using avatars and virtual reality technology such as VR headsets. Overall, this study helps lay the groundwork for subsequent research, highlighting current shortcomings and identifying opportunities for improving the experience of working in VR, said researchers from Coburg University in Germany, Cambridge University, UK, University of Primorska, Slovenia, and Microsoft. 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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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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