#MENA

Digital payments: Top transformative trends in the MENA region

Digital payments: Top transformative trends in the MENA region

Amazon Payment Services’ latest report is based on the quantitative data and insights from more than 100 executives responsible for payments in businesses across Saudi Arabia, the UAE and Egypt

Online retail fuels MENA digital payments

Online retail fuels MENA digital payments, Checkout.com says

The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly

Merger and Acquisition (M&A)

What does 2024 herald for MENA M&A and private credit?

Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead

Saudi Arabia leads MENA venture capital market

Saudi Arabia secures $1.4bn in 2023, leads MENA VC fundraising

The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds

Trend Micro cybersecurity

Cybersecurity: Evolving threats for enterprise ecosystems

The mass of adoption of AI has opened up opportunities and challenges for enterprises as they are faced with new cybersecurity challenges

UAE, Saudi Arabia lead MENA VC fundraising

UAE, Saudi Arabia lead MENA VC fundraising, says MAGNiTT

The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year

Arijit Singh's chaleya leads Official UAE Chart which launched on Sept 27 pic supplied IFPI

Official UAE Chart launches on Sept 27; here are the top 20 chartbusters

The new chart – the first of its kind in the UAE – now provides music fans, artists and industry alike the definitive weekly ranking of the top streaming tracks in the country

Value of MENA’s hotel, residential projects top $1.9tn

Value of MENA’s hotel, residential projects top $1.9tn

The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency

How regional banks can help build a greener economy

Insights: How regional banks can help build a greener economy

The central role that banks play in capital allocation is why regulators want them to help usher in a new era of green finance

Saudi Arabia’s PIF sets up company to promote sports sector

Saudi Arabia’s PIF sets up company to promote sports sector

SRJ Sports Investments will invest in businesses specialised in offering unique fan engagement activities and transformative sports technology

Aramco, PIF and China’s Baosteel steel JV

Aramco and PIF set up JV to build steel plant with China’s Baosteel

The steel manufacturing base has a designed annual capacity of 2.5 million tonnes of direct reduced iron and 1.5 million tonnes of steel plate

Middle East venture capital market

The Middle East’s booming venture capital market

The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry

Uber insights for MENA 2022 app

Tourists from over 80 countries visited MENA region in 2022, reveals Uber

The latest insights revealed that the number of sustainable trips in the UAE doubled with over 9 per cent of trips requested in Q1 2023 being emission-free

SME story: Interview with Khaled Arwani, founder of MyUniPath

SME story: Interview with Khaled Arwani, founder of MyUniPath

The university admission and application process can be very challenging and time-consuming and is quite fragmented

Tamara, Goldman Sachs

Goldman Sachs backs BNPL startup Tamara with $150m facility

The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals

UAE corporate tax exemptions.

MENA M&A activity smashes record to top 700 deals in 2022

Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn

UAE sustainable finance

UAE’s green, sustainable finance enjoy two years of rapid growth

The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.

Arab Health: At the crossroads of healthcare

Arab Health: At the crossroads of healthcare

The online event, which began on January 9, will go on until to March 2

vertical farms

Saudi’s PIF partners with AeroFarms to build indoor vertical farms across MENA

The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops

UAE: The year 2022 in review

The UAE has accelerated its growth this year with key strategies, strong initiatives and a future-first approach

Remittances rise by 5%, reveals world bank report

Remittances see 5% rise in 2022, reveals World Bank report

Remittances to the developing countries of the MENA region are estimated to have grown 2.5 per cent in 2022 to $63bn, compared to a 10.5 per cent growth last year

MENA customers doubled their spending on White Friday, reveals survey

According to Admitad, shoppers in the MENA region increased their orders by 135% and their spending by 94% during the sale week compared to the ‘usual’ period

Launching Odyssey into the MENA region

Kanousei Technology launches Odyssey in MENA region

Kanousei Technology’s goal is to get 1,000 companies into the metaverse through Odyssey

Dubai attracts 57% of scaleup funding in MENA region – report

Scaleups in the UAE raised $5.4bn as of December 2021

PepsiCo expands recycling and collection initiatives in the Middle East

PepsiCo has introduced mass collection initiatives in partnership with large third-party companies across various markets in the region

E-commerce

UAE e-commerce market valued at over $5bn in 2021

Total e-commerce in the UAE is projected to cross $8bn by 2025

talabat Cristiano Ronaldo

Watch: Cristiano Ronaldo appointed as official ambassador for talabat

Talabat will feature Ronaldo in a number of campaigns and on-ground activations across the MENA region

In pics: Sheikh Hamdan opens Meta’s new regional headquarters in Dubai

The new base will serve the Middle East and North Africa region

Darwinbox accelerates MENA expansion after leaping to unicorn status

With new Series D investment, the company is set to aggressively expand its team in the UAE and open its next GCC office in Saudi Arabia

HSBC reclaims bond crown in Mideast

Following $122bn in debt sales in 2021, governments and companies will probably front-load much of their funding needs this year