Middle East

Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023  |  SMBs

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch...

READ MORE >
Visa and NymCard Collaborate on Payment Credentials Issuance
Visa and NymCard Collaborate on Payment Credentials Issuance
August 28, 2023  |  Partnerships

NymCard, a Banking-as-a-Service (BaaS) firm that serves the Middle East and Pakistan, has joined the Visa Ready to Launch (VRTL) program. The VRTL program aims...

READ MORE >
Mastercard to Terminate Co-Branded Card Partnership With Binance
Mastercard to Terminate Co-Branded Card Partnership With Binance
August 24, 2023  |  Cryptocurrency

Mastercard will terminate its partnership with cryptocurrency exchange Binance Holdings. This decision will impact all four of Mastercard’s co-branded card programs with Binance, which are in Argentina,...

READ MORE >
Binance to End Debit Cards for Users in Latam and Middle East
Binance to End Debit Cards for Users in Latam and Middle East
August 24, 2023  |  Cryptocurrency

Binance is ending its cryptocurrency-backed debit card in Latin America and the Middle East. The decision, the latest in a series of pullbacks by the crypto giant, was...

READ MORE >
Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
Robust Leisure Travel Demand Drives Booking Holdings’ Q2 Performance
August 03, 2023  |  Earnings

Online travel company Booking Holdings reported strong results for the second quarter, driven by robust leisure travel demand and a focus on artificial intelligence (AI) technology. “I...

READ MORE >
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
European Luxury Retailer Openings Jump 77% as China Sees ‘Softening’
May 03, 2023  |  Retail

Luxury store openings in Europe skyrocketed last year as global travel resumed. That’s according to the latest edition of Savills’ Global Luxury Retail Outlook, which...

READ MORE >
CVC Consortium Mulls Taking Private Middle Eastern Payments Processor Network International Holdings
CVC Consortium Mulls Taking Private Middle Eastern Payments Processor Network International Holdings
April 13, 2023  |  Acquisitions

Network International Holdings is in discussions about a sale. The provider of digital payment solutions across the Middle East and Africa has received a preliminary and...

READ MORE >
‘Humbled’ VCs Turn to Middle East For Funding
‘Humbled’ VCs Turn to Middle East For Funding
April 12, 2023  |  Investments

As funding evaporates, venture capital firms are seeking an oasis in the Middle East. Groups like Andreessen Horowitz, Tiger Global and IVP have in the...

READ MORE >
ACI Expands; Says It Covers Third of Countries Offering Real-Time Payments
ACI Expands; Says It Covers Third of Countries Offering Real-Time Payments
February 01, 2023  |  Real-Time Payments

Software firm ACI Worldwide says it is expanding amid a global boom in real-time payments. The expansion means ACI now covers about a third of the world’s...

READ MORE >