Abu Dhabi sovereign wealth Mubadala leads $400 million Series D funding round for Germany-based insurtech Wefox

Wefox, a Berlin-based insurtech, has closed a $400 million Series D funding round led by Abu Dhabi Mubadala Investment Company, reports say. Other investors include Eurazeo, LGT, Horizons Ventures, OMERS Ventures, and Target Global, Wefox sells insurance to intermediaries and Read more

Algerian leader Tebboune returns home after two-month long covid-19 treatment in Germany

Algerian President Abdelmadjid Tebboune returned to the North African country after spending two months in Berlin, Germany, for medical treatment after testing positive to covid-19. Tebboune appeared in a video footage during a news hour on state-run television, ENTV. The Read more

Turkey Summons German Diplomat after Erdogan’s Speech “Unacceptable” Ban

The Turkish foreign ministry has summoned Germany’s chargé d’affaires after President Erdogan was barred from addressing an anti-coup d’état rally on Sunday in Cologne, Germany. Organizers wanted to invite the Turkish president to give a speech but the city’s police Read more