The European Bank for Reconstruction and Development (EBRD) is supporting the expansion of Breadfast, one of Egypt’s leading online grocery platforms, with an equity investment of up to US$ 10 million. The funding aims to accelerate Breadfast’s growth and strengthen its competitiveness in the digital retail market. The investment is part of Breadfast’s Series B2 round, […] The post EBRD backs Egyptian e-grocer Breadfast appeared first on Web-Release.

    flyadeal, Saudi Arabia’s fast-growing low-cost airline, has hosted over 100 children for Iftars in Damascus during the Holy Month of Ramadan. Joining forces with the Children’s Rights Foundation, a leading non-profit organisation supporting disadvantaged youngsters, flyadeal’s sales team coordinated the social drive with the airline’s general sales agent in the country, Altahadi Travel. The Bee […] The post FLYADEAL HOSTS OVER 100 CHILDREN FOR DAMASCUS IFTARS appeared first on Web-Release.

    Cloudera, the only company bringing AI to data anywhere, today released its latest global survey, The Data Readiness Index: Understanding the Foundations for Successful AI, examining how prepared enterprises are to support AI at scale. Surveying more than 300 IT leaders in the EMEA region, including strong insights from Saudi Arabia, the report finds that […] The post 62% of Saudi leaders are failing to use their data effectively, New Cloudera Report Finds appeared first on Web-Release.