Middle East

Amazon’s Middle East eCom Marketplace To Compete With Souq
Amazon’s Middle East eCom Marketplace To Compete With Souq
January 29, 2019  |  Amazon

Amazon’s next big bid for expansion will be in the Middle East, according to a report from CNBC. The online giant has apparently been contacting...

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In The Middle East, Banks Embrace FinTech
In The Middle East, Banks Embrace FinTech
January 29, 2019  |  B2B Payments

Efforts in the Middle East by banks and other financial institutions to embrace FinTech are on the rise. As reported from Daily News Egypt, a...

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Netflix Gets A Rival In The Middle East
Netflix Gets A Rival In The Middle East
January 08, 2019  |  Subscriptions

Middle Eastern broadcaster MBC is expanding its video streaming service to take on Netflix in the region. According to Financial Times, the Dubai-based MBC is...

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Careem To Launch Food Delivery Service, Complete $500M Funding Round
Careem To Launch Food Delivery Service, Complete $500M Funding Round
December 17, 2018  |  International

Middle East-based ride-hailing company Careem is expanding its business into a delivery service, a tech outlet reported. The company, which is in direct competition with...

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Careem Aims To Raise As Much As $200M From Chinese Investors
Careem Aims To Raise As Much As $200M From Chinese Investors
November 20, 2018  |  Investments

Careem, the leading ride-sharing rival to Uber in the Middle East, is aiming to raise between $100 million and $200 million. According to a report...

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Cash Still Has A Long Future In Turkey
Cash Still Has A Long Future In Turkey
September 12, 2018  |  Cash

Despite digital options, consumers in the Middle East and South Africa still have their hearts (and wallets) set on cash. In fact, cash use in...

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Uber And Careem In Talks To End Costly Rivalry
Uber And Careem In Talks To End Costly Rivalry
July 05, 2018  |  Ridesharing

Uber Technologies, the ride-hailing company, is reportedly in early-stage talks with Careem Networks, the Middle East-based ride-hailing company, to combine operations or for Uber to buy the company...

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After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
After Meeting With Crowned Prince, Amazon To Add More Jobs In Saudi Arabia
April 06, 2018  |  Amazon

After a meeting between Amazon CEO Jeff Bezos and the crown prince, Amazon is adding several jobs in Riyadh, Saudi Arabia. According to Bloomberg, Bezos...

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Uber To Expand UberEats In Europe, Middle East, Africa
Uber To Expand UberEats In Europe, Middle East, Africa
March 12, 2018  |  Delivery

Ride-hailing company Uber is gearing up to expand its food delivery service, bringing UberEats into 100 new cities this year. According to a report in...

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