UAE sees surge in digital payments amid the pandemic: Study
A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments...
Tag : MENA
UAE central bank expects recovery of economic activities in H2
It also expects the stimulus packages announced by the government to have high impact...
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
IATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020
Oman's aviation industry could see 4.3 million fewer passengers in 2020...
MENA needs to spend $148 bn till 2050 to fight climate change
The region would create 1.51 mn jobs in the renewable sector compared to 78 mn lost in the fossil fuel sector...
Egyptian fintech Khazna secures funding from Algebra Ventures
The startup will provide its services to 20 mn Egyptians who have access to a mobile phone but no access to financial services...
Egyptian logistics startup Bosta secures funding from DPDgroup
The funding will be used to position Bosta as a leader in the industry...
Emaar teams up with Xiaomi to create AI-enabled smart homes
Emaar is the first non-Chinese land developer to have forged a strategic alliance with Xiaomi....
Egypt’s overdue banking act forwarded to legislature
The much-awaited banking law monitors digital payments and financial technologies...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...