UAE

Ripple CEO Says US ‘Getting Passed’ in Crypto Policies
Ripple CEO Says US ‘Getting Passed’ in Crypto Policies
May 08, 2023  |  Cryptocurrency

The United States is being passed by other countries in terms of policies that promote innovation. Ripple CEO Brad Garlinghouse said during a fireside chat with CNBC this...

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CVC-Network International Deal Reportedly Worth $2.5 Billion
CVC-Network International Deal Reportedly Worth $2.5 Billion
April 16, 2023  |  Acquisitions

CVC Capital Partners is reportedly in advanced talks to purchase Network International for at least £2 billion ($2.5 billion). A report by Bloomberg News on...

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Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
Ramadan Boosts Remittances and eCommerce Retail Sales Amid Inflation
March 22, 2023  |  Cross-border Payments

The holy month of Ramadan, celebrated by close to 2 billion Muslims worldwide, kicks off Thursday (March 23). And according to the U.K. subsidiary of...

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Dubai’s Astra Tech Forms Partnership With Mastercard
Dubai’s Astra Tech Forms Partnership With Mastercard
March 13, 2023  |  Payment Methods

Dubai-based FinTech Astra Tech says a new partnership with Mastercard has expanded its payment ecosystem. The company announced Monday (March 13) that its PayBy service had become one of the first companies...

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Mashreq and i2c Partner to Aid FinTech Payments in UAE
Mashreq and i2c Partner to Aid FinTech Payments in UAE
March 08, 2023  |  Payment Methods

Mashreq and i2c have partnered to offer digital payment solutions in the United Arab Emirates (UAE). With this collaboration, Mashreq, a leading financial institution in the region, will...

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Ooredoo and Huawei Partner on Mobile Money in MENA Region
Ooredoo and Huawei Partner on Mobile Money in MENA Region
March 06, 2023  |  Financial Inclusion

Ooredoo and Huawei have partnered on mobile money in the Middle East and North Africa. This collaboration will provide Huawei’s FinTech and mobile money platform...

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Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
Amazon Invests in Online Grocery as Supermarkets Boost In-Store Tech
February 23, 2023  |  Retail

This week in grocery, Amazon backs an online grocery startup, Giant leverages video and self-checkout evolves. In Amazon’s ongoing efforts to grow its share of perishables, the...

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UAE Plans Digital Dirham to Promote Cross-Border Payments
UAE Plans Digital Dirham to Promote Cross-Border Payments
February 13, 2023  |  CBDC

The United Arab Emirates (UAE) is preparing to launch a central bank digital currency. The Gulf nation announced its digital currency plans Sunday (Feb. 12)...

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Merchant Incentives, Rewards Boost UAE Shopper Satisfaction 11% YOY
Merchant Incentives, Rewards Boost UAE Shopper Satisfaction 11% YOY
January 30, 2023  |  Retail

For the second year in a row, the UAE has topped PYMNTS’ Global Digital Shopping Index. The findings of the 2023 Global Digital Shopping Index,...

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