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The World Bank have reportedly approved a benefaction of $1 billion towards India Covid-19 Emergency Response and Health Systems Preparedness Project.

Dammam, Saudi Arabia-based digital marketplace Sary yesterday raised $6.6 million in Series A round led by Raed Ventures, MSA Capital and Derayah Ventures.

Dubai, UAE-based re-commerce platform Cartlow raised 6-digits undisclosed amount from Arzan Venture Capital, Vision Ventures, and some angel investors.

Dubai Startup Hub and Dubai Technology Entrepreneur Campus (DTEC) selects 30 Emirati entrepreneurs for Emirati Development Programme Training & Mentorship Academy

Matchmove, a Singapore-based fintech firm yesterday signed an agreement to acquire a stake in the global e-commerce solutions platform Shopmatic

Infosys Foundation, CSR arm of Infosys is deploying a total of INR 100 crore ($13.2 million) for Coronavirus relief

Bollywood superstar Salman Khan has gaged to support 25,000 daily-wage workers of the film industry amid the nationwide lockdown

India’s tennis sweetheart Sania Mirza joins hands with an NGO named Safa Society in a move to help daily-wage workers amid Covid-19 lockdown

Unacademy that offers online video-based training and live sessions across 30 exam categories in India has acquired another edtech startup Kreatryx

DIFC reinforces commitment to supporting the UAE Government’s sustained efforts to protect citizens and residents from the impact Coronavirus pandemic.