UAE-based classifieds portal Alawooz.com has reportedly raised $13.6 million (AED 50 million) in investments.

UAE-based classifieds portal Alawooz.com has reportedly raised $13.6 million (AED 50 million) in investments.
Virgin Mobile Middle East and Africa has announced that it successfully closed a $30 million pre-IPO Exchangeable Sukuk.
UAE has the highest Fiber-to-the-Home (FTTH) penetration globally, with a coverage of 94.3 percent.
Dubai Electricity and Water Authority (DEWA) has signed a Memorandum of Understanding (MoU) with Dubai Silicon Oasis Authority (DSOA), to build strategic partnerships and enhance coordination and mutual support for the success of international events that highlight renewable energy initiatives and sustainability.
The Roads and Transport Authority (RTA) in Dubai has launched the second phase of issuance of Vehicle e-Registration Cards for entities and companies.
Apple is reportedly on the verge of becoming the first $1 trillion publicly listed US firm, according to Reuters.
Fintech company QPAY has launched a major blockchain e-commerce initiative based on the ‘Ethereum’ blockchain platform in Qatar.
Apple is reportedly working with financial giant Goldman Sachs on a credit card that would carry the iPhone maker’s digital wallet logo.
Cisco has reportedly pulled out its online ads from YouTube due to fears of the ads appearing on sensitive content on the platform, Cisco’s chief marketing officer, Karen Walker, said in a blog on Wednesday.
F5 Networks has announced the launch of BIG-IP Cloud Edition, enabling customers to “quickly deploy critical application services for every app and any environment.”
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