Middle East

UAE Exchange CEO On FinTech Hubs And Ready Regulators

UAE Exchange CEO On FinTech Hubs And Ready Regulators
UAE Exchange CEO On FinTech Hubs And Ready Regulators
December 28, 2017  |  International

Beyond bitcoin, payments saw its share of innovation in developing markets, powered in part by financial hubs. In an interview with PYMNTS, Promoth Manghat, CEO...

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Amazon’s Souq ‘All In’ On Instant Delivery With Wing.ae Purchase
Amazon’s Souq ‘All In’ On Instant Delivery With Wing.ae Purchase
September 07, 2017  |  Retail

Dubai-based eCommerce marketplace Souq.com, which was acquired by retail giant Amazon this year, recently announced that it has acquired the Middle East startup technology firm...

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Middle East Online Marketplace Slowly Taking Shape
Middle East Online Marketplace Slowly Taking Shape
August 28, 2017  |  Retail

eCommerce has become a natural part of life in many parts of the world, but that hasn’t been the case in the Middle East. Most...

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Noon And The Race For Middle Eastern eCommerce
Noon And The Race For Middle Eastern eCommerce
July 25, 2017  |  International

Until fairly recently the Middle East was a rather underdeveloped region from an eCommerce point of view.  According to McKinsey, 50 million consumers are scattered...

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Amazon Positions Itself For Online Grocery Dominance With Dash Wand
Amazon Positions Itself For Online Grocery Dominance With Dash Wand
June 28, 2017  |  Retail

Amazon’s new voice-activated grocery assistant is practically magic, and you don’t even have to go to Diagon Alley to get it. The company has added...

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Quisk, Network International Set To Launch New Digital Payment Solution In Middle East
Quisk, Network International Set To Launch New Digital Payment Solution In Middle East
June 15, 2017  |  Digital Payments

Quisk Inc., a global provider of digital payment services and solutions located in Silicon Valley, announced that it will soon launch a new digital payment...

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Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
Emaar Malls’ $151M Majority Buy of Rocket Internet’s Namshi
May 25, 2017  |  Retail

Dubai-based e-commerce retailer Emaar Malls has been looking to expand its online presence for quite some time. Following a March bid loss of Souq to...

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NSA Has Reportedly Infiltrated Middle East Financial Network
NSA Has Reportedly Infiltrated Middle East Financial Network
April 17, 2017  |  Security & Fraud

American spies have reportedly infiltrated the Middle East’s financial network and comprised the Dubai office of EastNets, a anti-money laundering and financial services company, reported...

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