Middle East

Emirates NBD Digitizes Trade Finance With LiquidX
Emirates NBD Digitizes Trade Finance With LiquidX
March 09, 2020  |  B2B Payments

Emirates NBD, a leader in the Middle East, North Africa and Turkey (MENAT) region, has joined the LiquidX network, the latest in an increasing number...

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i2c Names GM In Middle East, Africa Expansion
i2c Names GM In Middle East, Africa Expansion
March 03, 2020  |  Banking

Payment and open banking tech firm i2c plans to expand its presence in the Middle East and Africa, according to a press release. The plans...

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HSBC Reorganization Slashes 35K Positions, $100B Assets
HSBC Reorganization Slashes 35K Positions, $100B Assets
February 18, 2020  |  International

Europe’s biggest bank by assets, HSBC, is slashing 35,000 jobs and $100 billion in assets as it moves to streamline business functions in the U.S.,...

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i2c Helps Bring Apple Pay To Najm Cardholders In Middle East
i2c Helps Bring Apple Pay To Najm Cardholders In Middle East
January 30, 2020  |  Apple Pay

Digital payments provider i2c is partnering with financial solution provider Najm to bring prepaid, reloadable cards to the Middle East. The collaboration will enable customers...

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Spanish Food Delivery Startup Glovo Shutters In Four Markets
Spanish Food Delivery Startup Glovo Shutters In Four Markets
January 22, 2020  |  International

Glovo, a Spanish food delivery startup, has exited several Middle Eastern countries in what it has said is a strategic move to help the company...

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Why P2P Could Soon Play A Leading Role In Middle East FinTech
Why P2P Could Soon Play A Leading Role In Middle East FinTech
December 11, 2019  |  Alternative Finances

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in...

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Mastercard Collab Enables WEX To Issue V-Cards In UAE
Mastercard Collab Enables WEX To Issue V-Cards In UAE
October 09, 2019  |  Partnerships / Acquisitions

Commercial payments company WEX has announced a collaboration with Mastercard that will allow the firm to issue virtual cards in the Middle East. In a...

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Luckin Coffee Eyes Middle East, India Expansion
Luckin Coffee Eyes Middle East, India Expansion
July 23, 2019  |  Retail

In its first international foray, Luckin Coffee reportedly plans to open coffee shops in India and the Middle East. The Chinese coffee company signed a...

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Amazon Rebrands Souq In Middle East Launch
Amazon Rebrands Souq In Middle East Launch
May 01, 2019  |  eCommerce

Amazon has rebranded Souq.com, which it bought for $580 million in 2017, to Amazon.ae in a Middle East marketplace launch, according to CNBC. Souq.com will...

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