Google removed India’s Paytm from the Play store for ‘repeatedly’ violating its gambling policies on Friday. The Google Play listing of the Paytm app is showing an error that reads, “We’re sorry, the requested URL was not found on this server.” “Dear Paytm’ers, Paytm Android app is temporarily unavailable on Google’s Play Store for new […]
The Israel and Dubai Diamond exchanges signed a strategic deal to boost trade between the Middle East’s main diamond hubs, on Thursday. The development comes two days after Israel and the United Arab Emirates (U.A.E.) inked a historic agreement to normalize ties. It marks a further development in economic collaboration between the countries. “DMCC is […]
Abu Dhabi Investment Authority (ADIA) has purchased a 5.1% stake valued $615 million in Cheniere Energy Inc., America’s largest exporter of liquefied natural gas (LNG). The country’s main sovereign wealth fund disclosed its holding in a filing dated September 14. It is now Cheniere’s fourth-largest shareholder, Bloomberg reported Wednesday. The Trump administration views LNG exports […]
Top five British banks are poised to sign Tech Nation’s ‘Fintech Pledge’ to accelerate growth of UK’s fintech sector by bridging the gap between the two parties. The Fintech Pledge is designed by the Fintech Delivery Panel with support from the UK government’s HM Treasury (HMT). The aim of the pledge is to boost UK’s […]
The prototype of Turkey’s AI-powered CEZERİ Flying Car has completed initial flight tests, taking us an inch closer to living a sci-fi life depicted in the Hollywood movies. “Developed nationally and originally to be ready for the races of the future. CEZERİ Flying Car has completed its first flight,” developer of the futuristic car, Baykar, […]
Saudi Telecom Co (STC) has completed studying purchase of 55% stake in Vodafone Group’s Egyptian unit, amounting to $2.4 billion. The London-listed telecom firm has said that it remains in discussions regarding sale of its business with STC. Notably, a memorandum of understanding (MoU) signed between two parties expired recently. Telecom Egypt holds the remaining […]
The United Kingdom has launched a project to build the country’s first ever commercial Quantum Computer to be used by Abingdon-based businesses in Oxfordshire. Led by US-based Rigetti Computing, the consortium will include University of Edinburgh, high-tech tool maker Oxford Instruments, software start-up Phasecraft and Standard Chartered bank. The £10m collaboration is backed by a […]
Banque Saudi Fransi and Mastercard have rolled out the world’s first Priceless Mastercard Credit Card for their ultra-high-net-worth (UHNW) customers. BSF launched the elite Priceless Card during a private customer event hosted at Al Ula UNESCO World Heritage Site earlier this year. It is part of Mastercard’s two-year old “Start Something Priceless” campaign, which encourages people to […]
Global 5G smartphone shipments are expected to touch 280 million units in this year with China accounting for a lion’s share or 62% of shipments. Canalys, a market research firm, has said in its latest report that rapid commoditization of 5G smartphones in mainland China will set the numbers spiraling upward. In September, Realme launched its V3, […]
Saudi Arabia’s Lucid Motors has unveiled Lucid Air, its first production electric car, that rivals Elon Musk’s Tesla Model S in the market. The pure-electric luxury sedan was launched from the company’s Silicon Valley headquarters on Thursday, with deliveries expected to start in spring 2021. A part of the project, amounting to $1 billion, was […]
UK Fintech Firms Loses approximately 68% of the 59 fintech funds, interviewed for the research have reported missing out on important funding thanks to the continuing pandemic. The typical amount lost by each fintech business to this point runs to approximately £1.2m. As the UK is home to over 1,600 fintech companies, it means an estimated £1.4bn of investment has […]
Twitter has told staff that Twitter Employees To WFH, because of the corporate looks towards the long term after the coronavirus pandemic. The decision came because the social media giant said its work-from-home measures during the lockdown had been successful. But it also said it’d allow workers to return to the office if they choose when […]
The Kingdom of Saudi to increase VAT discontinue the value of living allowance and increasing VAT to fifteen percent from 5 percent to combat the consequences of the pandemic, media reports said. The dominion has increased VAT threefold to spice up state finances. The cost of living allowance within the Kingdom is going to be suspended […]
Corporates-Order-Branded-Masks : A Brooklyn-based 3D printing lab that designs Covid-19 protective gear is increasingly fielding requests for custom-branded personal equipment as companies plan out scenarios for bringing their workforce back into an office in some capacity. Christina Perla, co-founder and CEO of Brooklyn-based 3D printing service Makelab, said she has received “quite a few” orders for protective […]
With the boundaries on movement partially reduced during Ramadan throughout the UAE, Dubai Beach Hotels Reopen Today – in compliance with UAE government advisories. Hotels must adhere to the UAE’s strict health and safety rules, and ensure they’re in line with the directives from the Ministry of Health and Prevention and therefore the National Emergency […]
