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Amnesty International calls for Google to halt cloud business in Saudi Arabia

The Verge

Amnesty International is teaming up with 38 other human rights groups and individuals to call for a halt to Google’s plans to set up an enterprise cloud business in Saudi Arabia because of concerns over the country’s human rights track record. The quote has since been removed.

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Taking Social Media to Saudi

Amy Sample Ward

A few weeks ago I had the opportunity to travel to Saudi Arabia to teach a course at King Abdullah University of Science and Technology as part of the Winter Enrichment Program.

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YC-backed Zywa, a neobank for Gen Z, raises $3M to expand across MENA

TechCrunch

Dubai-based Zywa, a neobank for Gen Z, plans to fuel its growth in the United Arabs Emirates (U.A.E), and to kick-start its expansion to Saudi Arabia and Egypt after raising $3 million seed funding at over $30 million (110 million AED) valuation. The new funding follows the $1 million pre-seed backing it secured in February this year.

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Nomod raises $3.4M seed to allow merchants accept payments without hardware

TechCrunch

Micro and small businesses in emerging markets still struggle to access digital payments for several reasons. The plan for the company is to provide merchants with access to accounts, cards, local payment networks and lending. In the UAE, it can take nearly six months to set up a business bank account.

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FlapKap provides revenue-based financing to e-commerce brands in MENA, gets $3.6M seed funding

TechCrunch

Recent research suggests that the e-commerce market in Saudi Arabia, UAE and Egypt account for a combined $21.4 The company, which allows e-commerce businesses to scale and grow by targeting businesses with limited bank or venture financing access, is announcing that it has raised $3.6 billion in the next three years.

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Singapore-based Volopay accelerates APAC and MENA expansion with $29M Series A

TechCrunch

Volopay’s platform provides startups and enterprises flexibility by issuing virtual and/or physical prepaid multicurrency corporate cards in their local currency (SGD, AUD, INR, IDR, PHP, etc) with up to 5% cashback on all card transactions. In addition, Volopay will hire aggressively in each of its new markets. .

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Tabby raises $58M at $660M valuation as PayPal Ventures makes first investment in the GCC

TechCrunch

Until last September, Tabby, which allows users to shop with flexible payments online and in-store from global brands, including H&M, Adidas, IKEA, noon and Bloomingdale’s, was active in Saudi Arabia, UAE and Kuwait. The company stated that its revenues have increased 5x over the past year.

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