Dubai-based Careem, a subsidiary of Uber which performs similar ride-hailing business, announced it would be laying off 31 percent of its workforce due to the...
Among the more famous aphorisms of Benjamin Franklin was his 1748 observation that “time is money” — a fancy way of saying that making money...
Uber coughed up over $3 billion to get its hands on Dubai’s ride-hailing startup Careem, the Financial Times reported on Wednesday (Oct. 2). Get the...
Uber said Thursday (Sept. 12) that it will tap $750 million in debt financing to help fund its $3.1 billion buy of Careem, a ride...
Dubai is looking at digital wallet technology to ease the friction of paying government fees for both businesses and consumers. Get the Full Story Complete...
Well beyond bitcoin, blockchain is making inroads into the mainstream and cryptos are seeing a thaw when it comes to conducting commerce. In Dubai, blockchain...
The latest global FinTech collaboration ties together Singapore and Dubai in a deal designed to encourage innovation in digital payments, online and mobile commerce, and...
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...