ALBAWABA — eWTP Arabia Capital reported on Thursday that it was close to raising $1 billion in a fund to back technology startups in China, India, South-East Asia along with the Middle East and North Africa region. Founded in 2019, the fund is backed by Saudi Arabia’s Public Investment Fund and China’s Alibaba Capital Partners, the investment arm of Alibaba Group, founded in 2008 and based in Hangzhou, China. To ...