Middle East

Mastercard and LuLu Collaborate on Cardless Payments
Mastercard and LuLu Collaborate on Cardless Payments
July 05, 2024  |  Payment Methods

Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait,...

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Paymentology and Audax Partner on Cards-as-a-Service Solution
Paymentology and Audax Partner on Cards-as-a-Service Solution
May 15, 2024  |  Partnerships

Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card...

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Visa Teams With Dubai’s MoneyHash on Digital Payment Security
Visa Teams With Dubai’s MoneyHash on Digital Payment Security
May 08, 2024  |  Partnerships

Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on...

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Report: US Looks to Forge AI Partnerships With UAE
Report: US Looks to Forge AI Partnerships With UAE
April 21, 2024  |  artificial intelligence

The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE,...

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PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
PayPal Ventures Backs Hyperlocal Marketing Firm SingleInterface
April 04, 2024  |  Investments

India-based “hyperlocal marketing-to-commerce” firm SingleInterface raised $40 million in new funding. The funding round was led by Asia Partners, with participation by PayPal Ventures, according to a Thursday (April 4) press...

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How AI Investments Could Change the Middle East
How AI Investments Could Change the Middle East
March 25, 2024  |  artificial intelligence

Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in the global technology landscape.  The...

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Deel to Acquire Africa-Focused Payroll Firm PaySpace
Deel to Acquire Africa-Focused Payroll Firm PaySpace
March 05, 2024  |  Acquisitions

Hiring and payroll platform Deel is set to acquire payroll and HR firm PaySpace. “Our team looked at many global payroll players, and PaySpace emerged as the best of the...

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Qashio and CredibleX Launch Business Financing Solution in MENA Region 
Qashio and CredibleX Launch Business Financing Solution in MENA Region 
January 08, 2024  |  Partnerships

Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region.  The new Qashio Financing solution...

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Soum Raises $18 Million to Expand ReCommerce in MENA
Soum Raises $18 Million to Expand ReCommerce in MENA
December 20, 2023  |  eCommerce

ReCommerce platform Soum has raised $18 million to expand through the Middle East. The company, founded in Saudi Arabia in 2021, now hopes to extend its business into...

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