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Zest Equity, a UAE-based startup digitizing private market deals, raises $3.8M seed funding

TechCrunch

UAE-based Zest Equity, a startup digitizing private market dealings, has raised $3.8 million seed funding to build more tools for enabling fast and transparent transactions by ecosystem players while increasing their liquidity through secondary deals.

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UAE Pass: The Key to Accessing Government and Private Sector Services in the UAE

Medium Technology Section

In today’s digital era, the UAE Pass has become more than just a convenience — it is a necessity for anyone living or doing business in… Continue reading on Medium

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China’s Baidu could launch commercial self-driving taxi service in UAE: report

TechNode

Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, at the World Governments Summit in Dubai. The news comes on the heels of Tuesdays public conversation between Baidu chief executive Robin Li and H.E.

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Li Auto says it will push for “major overseas growth” this year

TechNode

The Chinese EV maker said it established directly operated service centers in Kazakhstan, Uzbekistan, and the United Arab Emirates (UAE) last year, followed by the opening of its first overseas research and development center in Munich in January, TechNode reported.

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TSMC and Samsung consider major chip manufacturing plants in UAE

TechNode

TSMC and Samsung are considering building large-scale wafer fabs in the United Arab Emirates (UAE) over the next few years, a move that could boost AI investment and development in the Middle East, according to The Wall Street Journal. The proposed factories in the UAE could have a combined cost exceeding $100 billion, the report added. [

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China’s JD.com pilots cross-border platform Joybuy in London as it takes on Temu in UK’s $163 billion e-commerce market

TechNode

As of mid-2024, the company operates nearly 100 bonded, direct-mail, and overseas warehouses globally, covering nearly 1 million square meters across key markets including the US, UK, Germany, France, Vietnam, and the UAE.

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Chinese EV maker Hozon moves into UAE market

TechNode

The news comes months after rival BYDs compact crossover Atto 3 arrived in UAE via an alliance with local dealership Al-Futtaim in June. Geely-affiliated Zeekr signed sales agreements with partners in UAE, Saudi Arabia, Qatar and Bahrain last month. TechNode reporting , Caixin, in Chinese ]

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