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Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. The startup says it sells over a million policies a month. Sarbvir Singh, chief executive of Policybazaar, told TechCrunch that the startup had raised $75 million, but didn’t elaborate.
In a Thursday blog , Microsoft President Brad Smith warned that the rule will hurt US businesses by placing heavy restrictions on some of America's "friends"including countries like Switzerland, Poland, Greece, Singapore, India, Indonesia, Israel, the UAE, and Saudi Arabia.
As an example he suggested the UAE, where after years of lax drone regulations the country suddenly forbade all drone operations a few months ago pending new policies. Ultimately something like Airspace Link could be a contributor or requirement for insurance policies.
UAE residents also have one of the largest ecological footprints on our planet. Government policy: Rewarding citizens for their behavioral changes and better regulating toxic products. Where did the idea for Picky Polly come from? Using this behavior among residents as inspiration I felt compelled to do something about it.
SWVL is present in 13 markets globally: the UAE, Egypt, Kenya, Germany, Spain, Italy, Switzerland, Turkey, Japan, Argentina, Saudi Arabia, Jordan and Pakistan. No interview policy for Rejoiners. According to a source, the majority of the layoffs will come from the company’s Dubai and Pakistan offices.
It’s an evolving and highly complex overlapping area of international regulations, taxes, and corporate policy.). There’s a large voluntary market for carbon credits beyond the traditional and rather outdated carbon credits. For now, however, the goal is simply to prove that the system works as expected at the scales hoped for.
Others took advantage of new remote work policies and being constrained by commutes to relocate to new homes. Factor in that more people were spending more time at home than ever due to COVID shelter-in-place orders, home took on new meaning. Suddenly, many needed more space. Anita Ramaswamy digs in here. Read more from Annie Njanja here.
The UAE took in 46% of the total venture capital received in the Middle East and Africa in 2021, according to the country’s Ministry of Economy. In 2017, the UAE created an artificial intelligence ministry position, which it filled with H.E. TechCrunch: Is the UAE’s venture capital presence fairly new? were invested in the UAE.
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