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An EU-funded report shows that at the end of 2021, 912 Israeli tech companies have chosen to establish themselves in Europe where they employ 24,000 people.

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Saudi Arabia announced the launch of “Ignite”, a new program for the creation and production of digital content; new investments and support for next-generation connectivity and communications infrastructure; and a new partnership providing for the installation of the headquarters of “Trend Micro” in Riyadh. This latest round of announcements was made on the second day of LEAP 2022, the new global technology platform being held in Riyadh.

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The new Fawry Yawmy vehicle is the first joint project between the Egyptian public bank Banque Misr, through its subsidiary Misr Capital, and Fawry. The two partners are looking for individual investors capable of providing the necessary funds.