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Palestinians Pay High Fees to Escape Gaza Carnage | TOME

With almost no options for escape, people in Gaza are increasingly paying thousands of dollars to fixers connected to the Egyptian government.

The post Desperate To Escape Gaza Carnage, Palestinians Are Forced to Pay Exorbitant Fees to Enter Egypt appeared first on The Intercept.

Influence of the USA and IMF on Global Democracies

In the intricate web of international relations and global finance, the interplay between powerful nations like the United States and institutions like the International...

Biden to Send More Bombs to Israel Amid Netanyahu’s Rafah Invasion Threat

While pushing its tired narrative about Biden “losing patience," the White House remains dedicated to Israel’s war on Gaza.

The post With Netanyahu Threatening Rafah Invasion, Biden Prepares to Send Israel More Bombs appeared first on The Intercept.

Israel’s Leader Resigned 50 Years Ago Due to Major Intel Failure

The Hamas surprise attack isn’t history rhyming, it’s a reprise of 1973’s Yom Kippur War — and it doesn’t bode well for Benjamin Netanyahu.

The post A Half-Century Ago, Another Major Intel Failure Saw Israel’s Leader Resign appeared first on The Intercept.

UAE startups secure funding for Saudi Arabia expansion

CAIRO: Digital logistics platform Transportr has successfully concluded its eight-figure seed funding round with the participation of Ittihad Ventures Holding and Industrial Capital Group.   Established in 2020, the UAE-based company acts as a multimodal digital freight marketplace, connecting shippers and carriers across various industries to facilitate efficient, transparent, and cost-effective movement of goods.  The platform addresses concerns such as freight rates, manual processes, enhanced visibility, traceability and customer service. 

VMS, Saudi Venture Studio, Acquires Stakes in Egypt’s Cash Cows

RIYADH: The startup ecosystem in the Middle East and North Africa region is poised to get a boost as Saudi Arabia-based venture studio VMS has acquired minority stakes in Egyptian startup accelerator Cash Cows.   The purchase of stakes is part of a strategic partnership agreement aimed at supporting the entrepreneurial ecosystem in both countries and in the wider MENA region, according to a press release.  

“Growing Venture Capital Scene in Saudi Arabia”

CAIRO: Silicon Valley-based investor Plug and Play Tech Center, renowned for its early investments in successful firms such as Dropbox and PayPal, is seeking to raise $100 million to support Saudi startups, Bloomberg reported.  The venture capital firm is in discussions with Jada, a $1 billion fund of funds established by Saudi Arabia’s sovereign wealth fund the Public Investment Fund, to collaborate on this initiative, Saeed Amidi, Plug and Play’s founder and CEO, stated. 

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