Alibaba announced on Thursday that it will invest $1 billion over the next three fiscal years to …
Amazon
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Britain to investigate cloud services dominated by Amazon, Microsoft and Google
Britain stated on Thursday it would investigate competition in cloud services, a market dominated by the hyperscalers …
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Amazon runs renewable energy push with 71 new projects
Amazon.com Inc announced on Wednesday it would add 2.7 gigawatts of clean energy capacity through several new …
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Industry & TradeInternational NewsNewsTech/AI
Saudi sovereign fund injects $7 billion in U.S. shares
by Nada Aliby Nada AliSaudi Arabia’s sovereign wealth fund has invested more than $7 billion by buying minority stakes in U.S. …
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ValU signs an agreement with Alhokair family to sell a minority stake
ValU, Egyptian major leading Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced on Monday that it signed to …
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Industry & TradeTech newsTech/AI
Amazon: E-commerce in Egypt is booming
by Yomna Yasserby Yomna YasserE-commerce activity is significantly growing in Egypt and Amazon is planning to boost its investments in the …
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Mega tech companies lose more over $1 trillion
The world’s largest technology companies had lost over $1 trillion in value in just three trading sessions.
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Amazon opens its first of its kind African logistics centre in Egypt
Amazon.com Inc, the world’s biggest online retailer, has opened on Tuesday a logistics facility in Egypt.
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Amazon to launch its Egyptian site Amazon.eg later this year
Amazon.com Inc, the world’s biggest online retailer, announced on Monday it would be launching its Egyptian site …
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Amazon Payment Services waives service fees for Egypt SMEs to support c.bank initiative
by Nayera Eidby Nayera EidAmazon Payment Services, a payment processing service in the Middle East and North Africa (MENA) region, announced …