Tuesday 19 June 2018
start up

Alibaba to pour $1bn into local services startup

Alibaba Group and its affiliate Ant Financial will invest nearly $1 billion in a joint venture that they hope can tap China's fast-growing local services market, focusing at first on food delivery. Local services, also known a


DP World picks 10 start-ups for Turn8

Global marine terminal operator DP World said it has selected 10 start-up ideas for developing them into commercially-viable businesses as part of its seed accelerator initiative Turn8 powered by innovation360. The 10 teams of two


Dubai firm launches Beta 2 version of e-shop

Dubai based start-up company Wamli.com has launched the new Beta 2.0 version of its online social hub for shoppers and collectors to source design oriented items from around the world. Products available at Wamli.com range from th


Kuwait Styrene unit start up delayed

The startup of Kuwait Styrene Company's (TKSC) new ethyl benzene styrene monomer unit will be delayed for about four to eight weeks due to a technical issue, TKSC said on Tuesday. "The delay comes days before the unit was scheduled to begi

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