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...
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...
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...
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...
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...
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...
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....
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...
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...