Middle East

59% of UAE Shoppers Use Smartphones to Enhance Their In-Store Experience
59% of UAE Shoppers Use Smartphones to Enhance Their In-Store Experience
June 08, 2022  |  Shopping

In the United Arab Emirates (UAE), almost 60% (59.2%) of shoppers surveyed for the PYMNTS 2022 Global Digital Shopping Index reported using their smartphones at...

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30% of UAE SMB Customers Pay Online Using Digital Wallets, Highest in 6-Country Study
30% of UAE SMB Customers Pay Online Using Digital Wallets, Highest in 6-Country Study
May 22, 2022  |  SMBs

Digital wallets, including PayPal, Apple Pay and Google Pay, have grown in popularity in recent years and can be an important payment feature for global...

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OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa  
OPay, Mastercard Tie-Up Drives Financial Inclusion in Middle East, Africa  
May 19, 2022  |  Financial Inclusion

OPay and Mastercard are collaborating to drive financial inclusion across the Middle East and Africa by partnering to open up digital commerce in the region,...

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Cloud Kitchen Softwares Help MENA Restaurants Optimize Costs, Expand Reach
Cloud Kitchen Softwares Help MENA Restaurants Optimize Costs, Expand Reach
May 12, 2022  |  Restaurant innovation

Operating — and growing — a restaurant business in the Middle East and North Africa (MENA) region comes at a steep cost, resulting in shrinking...

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Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
January 20, 2022  |  Investments

Sequoia Capital India has made its investment debut in the Arab Gulf by leading a $33 million Series A funding round for Lean Technologies, CNBC reported on...

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Mastercard, Meta Team on SMB Digitization Webinar
Mastercard, Meta Team on SMB Digitization Webinar
December 01, 2021  |  B2B Payments

Mastercard will be working with Meta to help digitize more small- to medium-sized businesses (SMBs) in the Middle East and Africa (MEA) through a training...

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iMile Delivery Grabs $40M for Global Expansion 
iMile Delivery Grabs $40M for Global Expansion 
November 30, 2021  |  Investments

Dubai-based delivery company iMile founder and CEO Rita Huang on Tuesday (Nov. 30) said the company has wrapped up a $40 million Series A funding...

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Mixed Reactions to Rise in Cryptocurrency Use Across the Middle East
Mixed Reactions to Rise in Cryptocurrency Use Across the Middle East
November 03, 2021  |  Cryptocurrency

Since the listing of the Bitcoin Fund on the Dubai Nasdaq Exchange in June – considered the first cryptocurrency listing in the Middle East –...

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Egypt’s Capiter Nets $33M for Expansion Across MENA
Egypt’s Capiter Nets $33M for Expansion Across MENA
September 14, 2021  |  Investments

Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform...

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