Middle East

Cash Still Has A Long Future In Turkey
Cash Still Has A Long Future In Turkey
September 12, 2018  |  Cash

Despite digital options, consumers in the Middle East and South Africa still have their hearts (and wallets) set on cash. In fact, cash use in...

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Uber And Careem In Talks To End Costly Rivalry
Uber And Careem In Talks To End Costly Rivalry
July 05, 2018  |  Ridesharing

Uber Technologies, the ride-hailing company, is reportedly in early-stage talks with Careem Networks, the Middle East-based ride-hailing company, to combine operations or for Uber to buy the company...

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After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
April 06, 2018  |  Amazon

After a meeting between Amazon CEO Jeff Bezos and the crown prince, Amazon is adding several jobs in Riyadh, Saudi Arabia. According to Bloomberg, Bezos...

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Uber To Expand UberEats In Europe, Middle East, Africa
Uber To Expand UberEats In Europe, Middle East, Africa
March 12, 2018  |  Delivery

Ride-hailing company Uber is gearing up to expand its food delivery service, bringing UberEats into 100 new cities this year. According to a report in...

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Mastercard, UAE Exchange: Building A Cashless Middle East
Mastercard, UAE Exchange: Building A Cashless Middle East
February 20, 2018  |  Digital Payments

Carrying wads of hard currency in an overstuffed wallet has ceased to be fashionable, thanks to the advent and proliferation of plastic money and cashless...

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Careem Buys RoundMenu To Launch Food Delivery Service
Careem Buys RoundMenu To Launch Food Delivery Service
February 19, 2018  |  Delivery

Careem, the ride-hailing company based in the Middle East and an Uber rival, announced Sunday (Feb. 18) that it acquired RoundMenu, the restaurant listing and...

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All Economies Around The Globe Growing At Same Time
All Economies Around The Globe Growing At Same Time
January 29, 2018  |  Economy

Ten years after the world was embroiled in a widespread economic crisis, every one of the world’s major economies are growing at the same time....

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UAE Exchange CEO On FinTech Hubs And Ready Regulators
UAE Exchange CEO On FinTech Hubs And Ready Regulators
December 28, 2017  |  International

Beyond bitcoin, payments saw its share of innovation in developing markets, powered in part by financial hubs. In an interview with PYMNTS, Promoth Manghat, CEO...

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Amazon’s Souq ‘All In’ On Instant Delivery With Wing.ae Purchase
Amazon’s Souq ‘All In’ On Instant Delivery With Wing.ae Purchase
September 07, 2017  |  Retail

Dubai-based eCommerce marketplace Souq.com, which was acquired by retail giant Amazon this year, recently announced that it has acquired the Middle East startup technology firm...

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