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The European Parliament has barred Huawei representatives from its premises following a police investigation into alleged corruption linked to the Chinese tech giant. The probe, which includes coordinated raids in Belgium and Portugal, focuses on claims of bribery and forgery involving political favors and concealed kickbacks. Huawei has stated it takes the allegations seriously and is committed to cooperating with the investigation.
A corruption probe linked to Huawei has shaken the European Parliament, with police conducting raids in Belgium and Portugal, detaining several suspects. The investigation, which follows the Qatargate scandal, involves allegations of bribery disguised as lobbying, with claims that kickbacks were concealed as conference expenses. Transparency advocates are calling for urgent reforms, highlighting the ongoing vulnerability of the EU to corruption.
Longevity Wellness Hub is set to launch five new wellness centers in Dubai, Abu Dhabi, and Riyadh, featuring advanced technologies like quantum body scanning and hyperbaric oxygen therapy. This expansion aligns with the booming global wellness industry, projected to reach $7 trillion by 2025, and integrates traditional healing with modern biohacking. The company aims to empower individuals to age well and live better through a holistic approach to health and recovery.
A recent survey reveals that 93% of entrepreneurs are confident in their business skills, with 96% believing AI will help them compete with larger firms. Women-led businesses in Egypt are thriving, with 62% optimistic about growth, while AI tools are saving them an average of 19 hours weekly, allowing for skill development and improved operations. GoDaddy's AI solutions are empowering these entrepreneurs, enhancing their quality of life and business satisfaction.
In June, the inaugural Asia Economic Summit will facilitate crucial discussions on regional policies and the economic and digital future. Meanwhile, Amazon is considering launching a standalone payments app in India to compete with Google Pay and PhonePe, leveraging its existing user base. In Qatar, US payment firm Yuno has established its regional headquarters, aligning with the country's ambitions to become a fintech leader, supported by government initiatives and a growing market for cross-border remittances.
In June, the inaugural Asia Economic Summit will facilitate crucial dialogues on regional policies and the economic future. Meanwhile, Amazon is considering launching a standalone payments app in India to compete with Google Pay and PhonePe, leveraging its existing user base. In Qatar, Yuno's entry into the fintech market aligns with the country's ambitions to become a global fintech leader, supported by government initiatives and a growing demand for financial services among expatriates.
Qatar will host the inaugural Gulf-Africa Businesswomen’s Forum on May 5-6, 2025, at the Marriott Hotel, organized by Qatar Chamber and Al Maraya Exhibition and Conferences Company. The event aims to explore investment opportunities and foster economic partnerships among businesswomen from the Gulf and Africa, addressing key challenges and promoting sustainable development. Ibtihaj Al-Ahmadani emphasized the importance of supporting women entrepreneurs to enhance their role in the Qatari economy.
Media City Qatar reported over 100 companies registered during the Web Summit Qatar 2025, highlighting the nation's expanding media ecosystem. This initiative, in partnership with the Qatar Financial Centre, offers incentives like fee waivers for the first four years to qualifying media firms. CEO Eng. Jassim Mohamed Al Khori emphasized the importance of these developments in supporting Qatar National Vision 2030 and fostering a vibrant media industry.
Apple Pay is set to expand its presence in the UAE and Qatar, integrating with additional card networks in these regions. This move aims to enhance payment options for users, reflecting the growing trend of digital payment solutions in the Middle East.
Ajras secures funding to enhance its position in Saudi Arabia's rapidly growing proptech sector, projected to reach $109 billion by 2030. Meanwhile, ORA Technologies raises $1.9 million to expand its digital payment and food delivery services in Morocco, aiming to drive financial inclusion. Talabat acquires InstaShop for $32 million, strengthening its grocery and retail presence across MENA.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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