Middle East

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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Middle East Online Marketplace Slowly Taking Shape
Middle East Online Marketplace Slowly Taking Shape
August 28, 2017  |  Retail

eCommerce has become a natural part of life in many parts of the world, but that hasn’t been the case in the Middle East. Most...

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Noon And The Race For Middle Eastern eCommerce
Noon And The Race For Middle Eastern eCommerce
July 25, 2017  |  International

Until fairly recently the Middle East was a rather underdeveloped region from an eCommerce point of view.  According to McKinsey, 50 million consumers are scattered...

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Amazon Positions Itself For Online Grocery Dominance With Dash Wand
Amazon Positions Itself For Online Grocery Dominance With Dash Wand
June 28, 2017  |  Retail

Amazon’s new voice-activated grocery assistant is practically magic, and you don’t even have to go to Diagon Alley to get it. The company has added...

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