Start-up funding dries up as GCC investor ecosystem adapts to pandemic

Some private equity players are also looking into venture capital space to participate in the tech play in the region The pandemic-hit GCC start-up funding ecosystem is in slowdown, with investors choosing more carefully where to place their bets in the wake of the market seeing a correction in valuation, according to experts and venture […]

Foxconn ramps up EVs push via deal with Chinese start-up

Byton tie-up aimed at helping Apple supplier replicate its dominance of traditional tech manufacturing Foxconn is stepping up its push into electric vehicles with a tie-up with Chinese EV maker Byton, as the world’s largest electronics contract maker seeks to replicate its traditional tech dominance in a new market it hopes will bolster squeezed margins. […]