MENA

Restaurants and Customers Agree: Short Lines Are Simply Better
Restaurants and Customers Agree: Short Lines Are Simply Better
May 17, 2022  |  ResTech

Imagine sitting at a crowded restaurant after a meal with friends and it’s 11 p.m. at night. Suddenly, it seems everyone wants their check at...

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EMEA Daily: New EU Cybercrime Rules, Tingo’s $900M Merger
EMEA Daily: New EU Cybercrime Rules, Tingo’s $900M Merger
May 13, 2022  |  emea

In today’s top Europe, Middle East and Africa (EMEA) news, the European Parliament, the Council of the European Union and the European member states approve...

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Nigerian FinTech Tingo Announces $900M Merger With MICT
Nigerian FinTech Tingo Announces $900M Merger With MICT
May 13, 2022  |  Mena

Nigerian agri-FinTech company Tingo is set to merge with Nasdaq-listed financial services provider MICT in a deal expected to generate $900 million in yearly revenue...

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Amazon Offers BNPL Option to Shoppers in Egypt
Amazon Offers BNPL Option to Shoppers in Egypt
May 13, 2022  |  Amazon

Amazon is giving customers in Egypt access to buy now, pay later (BNPL) thanks to a consumer financing offering from valU Consumer Finance. According to...

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Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
Nigerian FinTech Unicorn Interswitch Raises $110M for Expansion
May 13, 2022  |  Investments

Interswitch, a Nigerian digital payments company that is Africa’s second unicorn, has raised $110 million to help it expand, according to multiple news reports. The...

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Today in Food Commerce: Gopuff Launches Pizza Brand; Instacart Gears up for IPO
Today in Food Commerce: Gopuff Launches Pizza Brand; Instacart Gears up for IPO
May 12, 2022  |  Commerce

Today in food commerce, Instacart confidentially files with the Securities and Exchange Commission (SEC) for an initial public offering (IPO), while Gopuff announces its first...

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Egypt’s PayTabs Unveils Social Commerce Platform Paymes
Egypt’s PayTabs Unveils Social Commerce Platform Paymes
May 12, 2022  |  Social Commerce

Egyptian payment company PayTabs has launched Paymes, a new social commerce platform for customers in the Middle East/North Africa (MENA) region. As the company said...

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UK Regulator Fines Four NatWest Banks for Interchange Fee Violations
UK Regulator Fines Four NatWest Banks for Interchange Fee Violations
May 12, 2022  |  Regulation

Four NatWest Group banks — National Westminster Bank, Royal Bank of Scotland, Ulster Bank and Coutts & Co. — were hit with fines totaling $1.9...

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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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