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WTO highlights the implications of COVID-19 on digital divide
May 05,2023
The World Trade Organisation (WTO) has published an information note entitled 'E-commerce, trade and the COVID-19 pandemic' where it highlighted the implication of the health crisis on the digital divide. The note stresses that the digital gap is not...
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Ireland expected to lose importance in the coming Digital Services Act package
May 04,2023
Under the GDPR regime, Ireland used to be a significant regulator of digital technologies on data privacy as many Big Tech companies reside within its borders due to its favourable taxation schemes. Under the coming Digital Services Act (DSA) package...
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Uber Eats exits Saudi Arabia and Egypt, transfers business to Careem Now in UAE
May 04,2023
Uber Eats, the food delivery arm of Uber is exiting Saudi Arabia, Egypt, and five other markets. The company has also decided to transfer its business operations in the United Arab Emirates to Careem which operates its own food delivery serviceCareem...
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Nigerian start-up Farmcrowdy joins the e-commerce space
May 04,2023
As a result of the COVID-19 crisis which is pushing more business operations online, Nigerian agric-tech start-up, Farmcrowdy, has launched an e-commerce platform called Farmcrowdy Foods. The one stop digital market platform gives customers access to...
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Global e-commerce jumps to $26.7 trillion, COVID-19 boosts online sales
May 03,2023
During a two-day meeting on measuring e-commerce and the digital economy, the UN Conference on Trade and Development (UNCTAD) released a report on the estimates of global e-commerce 2019 and preliminary assessment of COVID-19 impact on online retail ...
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US suspends planned tariffs on imported steel and aluminium
May 03,2023
US President Donald Trump issued two presidential proclamations postponing planned tariffs on imported steel and aluminium from Canada, Mexico, and the European Union. Draft deals were achieved with Argentina, Australia, and Brazil that would exempt ...
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The EU Commission found Apple have abused their market position and favour Apple Pay
May 02,2023
EU Antitrust investigators preliminarily concluded that Apple is barring competitors from access to the "tap and go" function, powered by the near-field communication (NFC) technology, in a move to favour its own Apple Pay system. The European Commis...
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France and Australia commit to work on bilateral cooperation and Australia-EU free trade agreement
May 02,2023
French President, Emmanuel Macron, visited Sydney to discuss regional and bilateral co-operation on issues including trade, to climate change and securitywith Australian Prime Minister, Malcolm Turnbull. They jointly issued a common 'vision statement...
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EU Commission unveils multi-annual budget for the bloc
May 02,2023
The EU Commission unveiled its proposed multi-annual budget for the bloc, calling for greater spending on climate action, cuts to agricultural domestic support, and funds for supporting the EU's Economic and Monetary Union. The budget would be in eff...
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Souq becomes Amazon.ae in the UAE
May 01,2023
Amazon has acquired Souq.com and launched it as Amazon.ae in the UAE. Amazon.ae features over 30 million products from local and international businesses, including products previously available on Souq.com and five million products from Amazon US. A...
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Nigerian ICT expert develops first AI platform for language translation
May 01,2023
Emmanuel Gabriel, a Nigerian ICT expert based in Germany, has developed a global artificial intelligence (AI) platform called OBTranslate, an online common administration Tool (CAT) for machine learning, capable of translating 2000 African languages....
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American Hotel and Lodging Association campaigns against Airbnb
Apr 30,2023
The American Hotel and Lodging Association has engaged in a campaign to limit Airbnb's expansion, reports theThe New York Times. The campaign involves lobbying government officials and financing studies that show that Airbnb hosts are effectively run...
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