Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our business is performing well and is ahead of our internal plan. Tenant demand is excellent....
Financial exclusion is a broad category that can range from an inability to access banking services to cultural, economic, and infrastructural barriers to the adoption of electronic payment methods. A good measure of how countries compare in terms of their relative financial inclusion is the...
Like other emerging markets, the Middle East and North Africa (MENA) has one of the largest underbanked populations in the world, with more than 90% of the population transacting solely in cash and without access to credit or formal savings accounts. According to Momtaz Moussa,...
Nearly three weeks after Lucky, an Egyptian cash back rewards app, closed a $25 million fundraising round, the startup is planning to lead the sector in the Middle East and Africa (MENA), DistruptAfrica.com reported Friday (April 8). Founded by Momtaz Moussa and Ayman Essawy in...
August 02, 2023
Simon Property Group (SPG), the largest mall owner and developer in the U.S., posted strong second quarter (Q2) results on Wednesday (Aug. 2) amid headwinds from higher interest expenses. “Our business is performing well and is ahead of our internal plan. Tenant demand is excellent. Occupancy is increasing,” CEO and SPG Chair David Simon said […]
April 08, 2022
Nearly three weeks after Lucky, an Egyptian cash back rewards app, closed a $25 million fundraising round, the startup is planning to lead the sector in the Middle East and...
March 21, 2022
Egyptian cash back rewards app Lucky on Monday (March 21) wrapped up a $25 million fundraising round that is the largest Series A funding effort for a FinTech in that...
April 28, 2015
Vogue publisher Condé Nast plans to expand its fashion eCommerce empire by repurposing its Style.com website as an online sales platform, the U.K. version of Vogue announced on Monday (April...
