Middle East

Quisk, Network International Set To Launch New Digital Payment Solution In Middle East
Quisk, Network International Set To Launch New Digital Payment Solution In Middle East
June 15, 2017  |  Digital Payments

Quisk Inc., a global provider of digital payment services and solutions located in Silicon Valley, announced that it will soon launch a new digital payment...

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Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
May 25, 2017  |  Retail

Dubai-based e-commerce retailer Emaar Malls has been looking to expand its online presence for quite some time. Following a March bid loss of Souq to...

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NSA Has Reportedly Infiltrated Middle East Financial Network
NSA Has Reportedly Infiltrated Middle East Financial Network
April 17, 2017  |  Security & Fraud

American spies have reportedly infiltrated the Middle East’s financial network and comprised the Dubai office of EastNets, a anti-money laundering and financial services company, reported...

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Amazon Secures Souq.com Acquisition
Amazon Secures Souq.com Acquisition
March 29, 2017  |  Partnerships / Acquisitions

It’s official. After months of will they? won’t they? and a last-minute challenger bid, Amazon has closed an acquisition deal to buy 100 percent Dubai-based...

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Amazon Tracker: Delays
Amazon Tracker: Delays
March 28, 2017  |  Amazon

After hitting what appears to be an all-time high of $861.74 during Tuesday morning trading last week, Amazon (AMZN) cooled off somewhat over the course...

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Amazon’s Bid for Dubai’s Souq.com Faces A Challenger
Amazon’s Bid for Dubai’s Souq.com Faces A Challenger
March 27, 2017  |  Retail

Amazon may be facing a big contender in its efforts to strike a deal to purchase Dubai-based online retailer Souq.com. Just last week, it was...

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Amazon Acquires All Of Souq.com The Middle East eCommerce Company
Amazon Acquires All Of Souq.com The Middle East eCommerce Company
March 23, 2017  |  Partnerships / Acquisitions

Amazon.com has reportedly inked a deal to buy Souq.com, the Dubai online retailer, reported Reuters. Citing sources familiar with the deal, Reuters reported Amazon is...

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Amazon Restarts Talks With Souq.com About Acquisition
Amazon Restarts Talks With Souq.com About Acquisition
March 10, 2017  |  Retail

eCommerce giant Amazon is reportedly back in acquisition discussions with Souq.com, the Middle Eastern online retailer. According to a report, sources told Bloomberg discussions between...

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Careem Raises $350 Million In Funding
Careem Raises $350 Million In Funding
December 20, 2016  |  Investments

Taxi-hailing app Careem, which is a competitor to Uber in the Middle East, has raised $350 million in venture funding. According to a report in...

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