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Following this growth, it is planning on expanding to Egypt and the UAE, while doubling down on SaudiArabia, against the backdrop of $5 million pre-Series A funding it has raised, in a round led by Europe-based VC Speedinvest, which marked its debut into SaudiArabia, and RAED Ventures, with participation from MENA focused VC firm Wamda Capital. “We
Chinas second-largest short video platform Kuaishou is planning to open an office in Riyadh, the capital of SaudiArabia, soon, according to a report by the South China Morning Post quoting Kuaishous chief financial officer Jin Bing.
Amnesty International ran detailed forensics on 67 smartphones to look for evidence that they were targeted by Pegasus spyware — and 37 of those phones tested positive. According to Forbidden Stories , NSO’s contract with SaudiArabia alone is worth up to $55 million. But many crucial details still aren’t clear.
The reasons were unclear, as both parties didn’t publicly comment on the situation; however, from various local news outlets, they ranged from mismanagement of funds to failure to report to the board and work out a potential merger, as well as internal disagreements over management methods.
These factors are proving fertile ground for establishing and growing fintechs that focus exclusively on Islamic finance, offering products and services that follow shariah law. Shariah law calls for a different approach to financial services, and conventional banks are also launching products for Muslim customers.
The lawsuit alleged that the social network “fuels its business with countless infringing copies of musical ‘compositions, violating Publishers’ and others’ exclusive rights under copyright law.” It added that, unlike its competitors TikTok and Instagram, Twitter hasn’t struck a music licensing deal for the use of copyrighted music.
Even in 2019, when SaudiArabia opened up state-owned oil company Saudi Aramco for trading, it didn’t dominate for long : Apple surpassed it last July on its way to a $2 trillion market cap , and Apple is approaching $2.5 trillion now. It’s the rare tech giant that isn’t using your data as a revenue stream.
At Minnesota State University in Mankato, President Edward Inch told the campus Wednesday that visas had been revoked for five international students for unclear reasons. In the past, when international students have had entry visas revoked, they generally have been allowed to keep legal residency status. and wanted to return.
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