Middle East

FinTech Nium Moves Into The Middle East
FinTech Nium Moves Into The Middle East
October 06, 2020  |  International

Singapore-based FinTech platform Nium is expanding into the Middle  East, the company announced on Monday (Oct. 5). Ayoub Jemail has been assigned the role of...

READ MORE >
Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws
Deep Dive: Why The Pandemic Is Pushing MENA Regulators To Upgrade Open Banking, Privacy Laws
September 30, 2020  |  Bank Regulation

Consumers and businesses have been moving online in recent years, and regulators from the European Union to the Middle East and North Africa (MENA) region...

READ MORE >
How Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts
How Middle Eastern Merchants Can Keep Up With Pandemic-Driven Privacy, Payment Shifts
September 29, 2020  |  Bank Regulation

Consumers around the globe have moved their purchasing online during the pandemic, and those in the Middle East and North Africa (MENA) region are no...

READ MORE >
Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs
Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs
September 28, 2020  |  Bank Regulation

 Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with...

READ MORE >
Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
Visa, Careem Team To Support Digital Payments Growth In Middle East, N. Africa
June 30, 2020  |  VISA

Careem, the Dubai-based ride hailing company, has entered into a partnership with Visa to expand digital payments. The agreement is expected to accelerate cashless payments...

READ MORE >
BinDawood Prepares First Middle Eastern IPO Since COVID-19
BinDawood Prepares First Middle Eastern IPO Since COVID-19
June 08, 2020  |  IPO

BinDawood Holding is planning to offer an initial public offering (IPO) of its supermarket division by the end of July, in what would be the...

READ MORE >
Amazon’s PayFort Looks To Boost Middle East Startups And SMBs
Amazon’s PayFort Looks To Boost Middle East Startups And SMBs
June 04, 2020  |  Amazon

Amazon-owned PayFort aims to support startups and small and medium-sized businesses (SMBs) in the Middle East with its #StartUpStayUp initiative. The FinTech company has invited more...

READ MORE >
Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
Uber Shuts Eats In Middle East As Subsidiary Cut A Third Of Workforce In Dubai
May 05, 2020  |  Ridesharing

Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...

READ MORE >
SoftBank Looks To Raise $10B To Bolster Vision Fund
SoftBank Looks To Raise $10B To Bolster Vision Fund
March 19, 2020  |  Investments

SoftBank‘s first Vision Fund is now looking to grow larger, seeking another $10 billion to help portfolio companies affected by the coronavirus pandemic and its...

READ MORE >