Users will be able to select transcript language, too; here's how the new smart tool works
tech3 hours ago
valU Consumer Finance (valU), a fully-owned subsidiary of EFG Hermes Holding entered into an agreement with Amazon for the Provision of Consumer Financing by valU as a Payment Method on amazon.eg (Commercial Agreement).
valU will make some of its consumer financing products available to eligible customers on amazon.eg, providing these customers the option to split the total cost of purchases into multiple payments by using valU.
EFG Hermes and Amazon entered into an option agreement whereby Amazon agreed to acquire $10 million in EFG Hermes GDRs with the option to replace that investment into valU at a future date, translating into a stake of 4.255 per cent of the issued share capital of valU, based on a current post-money valuation of valU of $235 million.
The option will be exercisable prior to or upon the occurrence of a qualified liquidity event at the level of valU, in the form of an independent investment involving third party investors, a sale, or an initial public offering or other listing event, based on the terms and conditions of the transaction agreement. — business@khaleejtimes.com
Users will be able to select transcript language, too; here's how the new smart tool works
tech3 hours ago
With the new tariff, Yango Ride users can expect comfortable, modern limo vehicles starting from a minimum fare of Dh15.6
kt network4 hours ago
Authorities reiterated that they have 'little tolerance' for those who obstruct or hinder their investigations
business4 hours ago
Stand-in captain Jasprit Bumrah expertly exploited the seam-friendly conditions to register 4-17 in the final session
cricket5 hours ago
What was supposed to be a one-night show ended up being extended to four nights due to popular demand
entertainment5 hours ago
Cancer support centres play a pivotal role in offering not just medical assistance but also emotional and psychological support to women fighting cancer
kt network5 hours ago
Authorities warned 'reckless and careless drivers', stressing that hefty penalties are imposed on those who put lives at risk
uae6 hours ago