Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and newly-added Saudi Arabia, integrating Mastercard’s expertise into Lulu Group’s operation. “The partnership will...
Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on the company’s payments orchestration and revenue operations platform, according to a Wednesday (May 8) press release. “Working with Visa enables...
Visa and Alaan have partnered to provide digital expense management solutions to businesses in the United Arab Emirates (UAE) and Saudi Arabia. The companies’ five-year strategic alliance brings together the VisaNet global payment processing network and Alaan’s artificial intelligence (AI) spend management system, the companies said in a Wednesday...
Adyen and Cleeng have expanded their partnership into the United Arab Emirates (UAE) market. This expansion comes as Cleeng, a Software-as-a-Service (SaaS) platform for subscriber retention management (SRM) in the media and entertainment sector that is already active in the United States and Europe, moves into the UAE...
June 12, 2023
The Middle East and North Africa (MENA) region is quickly becoming a hotbed for open banking, driven by a unique ecosystem, booming consumer demand and “forward-thinking” regulators, said Abdulla Almoayed, founder and CEO at Tarabut Gateway. According to Almoayed, this trend has made it possible to implement innovations seamlessly and much faster than in other […]
May 04, 2023
Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion mark in 2022 as investors...
February 16, 2023
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that...
January 02, 2023
In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking sector remains at different stages...
July 11, 2024
Network International has introduced new Business Payment Solutions for companies in the United Arab Emirates (UAE). These solutions were launched in partnership with Mastercard and include card offerings, expense management and virtual cards, the companies said in a Tuesday (July 9) press release. With these tools, Network International’s commercial clients in the UAE will be able to digitize […]
July 05, 2024
Mastercard is expanding its partnership with Dubai-based retail conglomerate LuLu Group. The collaboration, announced Friday (July 5), will extend across the markets of Bahrain, Kuwait, Oman, Qatar, the United Arab...
May 08, 2024
Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on the company’s payments orchestration and...
March 28, 2024
Visa and Alaan have partnered to provide digital expense management solutions to businesses in the United Arab Emirates (UAE) and Saudi Arabia. The companies’ five-year strategic alliance brings together the VisaNet global payment processing...
