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The Lulu Group of Yusuff Ali enters Uttar Pradesh with a supermarket

Yusuff Aliled Lulu Group is entering northern India with one of the biggest supermarkets in Uttar Pradesh. The Abu Dhabibased group runs its famous su

Yusuff Aliled Lulu Group is entering northern India with one of the biggest supermarkets in Uttar Pradesh. The Abu Dhabibased group runs its famous supermarkets in the cities of Kochi, Bengaluru, and Thiruvananthapuram. The group, with interests in various business areas, including real estate, has a significant presence in many Gulf nations as well as the US, the UK, Italy, and China, among other countries. Tablez has diverse interests in fashion, specialty retail, and food and beverages in the GCC and India. It has plans of action to open over 100 stores in India in 2022. The Lulu Group is also active in the hospitality industry, owning fivestar luxury properties, major convention centers, and travel consulting companies. Its Indian subsidiary has stretched its operation in hypermarkets, shopping malls, food processing units, ecommerce, and fun stations. Read More..

B2B Tech News | 3 years ago          

US defence company terminates negotiations to purchase surveillance equipment from NSO Group

US defense contractor L3 Harris has abandoned talks to acquire NSO Groups surveillance technology. The White House has said that any potential deal ra

US defense contractor L3 Harris has abandoned talks to acquire NSO Groups surveillance technology. The White House has said that any potential deal raises serious counterintelligence and security issues for the United States. NSO was placed on a US blacklist by president Joe Bidens administration last November. The Israeli Ministry of Defense should have approved any acquisition of NSO surveillance technology by a US company. Read More..

B2B Tech News | 3 years ago          

By 2023, 30% of Singaporeans will have a digital bank account

Singapore had the highest adoption rate among the Asian nations surveyed by Finder in 2022, at 21.22 percent. According to Finder, an additional 5% of

Singapore had the highest adoption rate among the Asian nations surveyed by Finder in 2022, at 21.22 percent. According to Finder, an additional 5% of adults will open a digital banking account, bringing Singapores adoption rate to 35%. The age groups of 18 to 24 and 25 to 34 are leading the adoption of digital banks, respectively. According to Elizabeth Barry, global fintech editor at Finder, Singapore has similar levels of banking adoption to Hong Kong 20% but is far ahead of nations like Malaysia and the Philippines 13% each. Read More..

B2B Tech News | 3 years ago          

Pudu Robotics enters McDonalds stores in Slovenia, expanding its European presence

Pudu Robotics has expanded its business to Poland, the Netherlands, the United Kingdom, and other European countries. Robots from Chinese robotics com

Pudu Robotics has expanded its business to Poland, the Netherlands, the United Kingdom, and other European countries. Robots from Chinese robotics company BellaBot has used in various scenarios, including gas stations, electronics stores, restaurants, and hotels. A video of BellaBot delivering food at McDonalds went viral on TikTok, garnering millions worldwide. At the end of 2021, McDonalds Slovenia will gradually introduce dozens of Pudu Velabot robots to its employees. By the end of 2021, McDonalds Slovenia will gradually introduce dozens of Pudu Bellabot robots to its restaurant staff to serve, deliver and perform other tasks. Read More..

B2B Tech News | 3 years ago          

BNY Mellon is planning campaigns to attract investors to Saudi Arabia

The US investment company BNY Mellon has organized several international campaigns to attract and promote investment in Saudi Arabia. The company has

The US investment company BNY Mellon has organized several international campaigns to attract and promote investment in Saudi Arabia. The company has partnered with SNB Capital, the Ministry of Investment of Saudi Arabia, and Tadawul to put the kingdom on the global financial map. SNB Capital is the securities management and investment banking department of the National Bank of Saudi Arabia. In October 2020, SNB Capital allied with BNY Mellon. This alliance will help create a strong, leading, and inclusive capital market environment in the Kingdom. Read More..

B2B Tech News | 3 years ago          

The Indonesian company Bara Daya presented the lowest price in the offer to import coal from India

Bara Daya Energy overbid Adani, who was the only bidder for the two contracts. However, Bara Daya is a controversial company that had earlier terminat

Bara Daya Energy overbid Adani, who was the only bidder for the two contracts. However, Bara Daya is a controversial company that had earlier terminated its contract with stateowned Gujarat Power Corporation due to breach of contract and nondelivery of coal. The bids made by Coal India Limited CIL last month had only two bidders. The Indonesian company announced a Rs 4,331 crore bid for the East Coast and Rs 4,497 crore for the West Coast. Read More..

B2B Tech News | 3 years ago          

Ford, Argo AI, backed by VW, fires 150 workers, delays hiring

Argo AI has laid off about 150 people and slowed the pace of hiring, sources say. The Pittsburghbased startup is backed by Ford and Volkswagen. The la

Argo AI has laid off about 150 people and slowed the pace of hiring, sources say. The Pittsburghbased startup is backed by Ford and Volkswagen. The layoffs were widespread, affecting digital media and communications employees as well as members of its operations teams. It is the latest tech company to reduce its workforce as recession fears grow. The company is still hiring and has dozens of engineering, legal, program management, and fleet operations positions open. Argo began selfdriving in Miami and Austin in May 2022. Read More..

B2B Tech News | 3 years ago          

Germany will provide a financial aid of 2 billion euros to the gas importer VNG

The German government wants to provide financial assistance of up to 2 billion euros to gas importer Verbundnetz Gas Agbo VNGn. The move is part of th

The German government wants to provide financial assistance of up to 2 billion euros to gas importer Verbundnetz Gas Agbo VNGn. The move is part of the governments plan to avoid an energy crisis amid fears of fuel shortages and rising kerosene prices. Germany is facing a scarcity of energy as supplies from Russia fall or nonRussian gas prices increase. Earlier this week, VNG and Norwegian Equinor agreed to expand their existing partnership for natural gas in new areas of lowcarbon hydrogen and ammonia, capture, capture, and marine storage of CO₂ CCU and CCS. Read More..

B2B Tech News | 3 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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