EMEA

Arab Monetary Fund Offers Alternatives to CBDCs, Including FinTech Wise, SWIFT, Revolut and RippleNet

Arab Monetary Fund Offers Alternatives to CBDCs, Including FinTech Wise, SWIFT, Revolut and RippleNet
Arab Monetary Fund Offers Alternatives to CBDCs, Including FinTech Wise, SWIFT, Revolut and RippleNet
March 20, 2022  |  CBDC

The Arab Monetary Fund (AMF) has named RippleNet as a potential alternative to adopting central bank digital currencies (CBDCs), a report said Sunday (March 20)....

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Profishop Nets $35M to Expand Its B2B Supply Storefront
Profishop Nets $35M to Expand Its B2B Supply Storefront
March 20, 2022  |  Investments

Profishop, which sells equipment for business and industry directly from manufacturers, has announced $35 million in new funding, which it plans to use to expand,...

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National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
National Bank of Egypt, Others Launch Nclude Venture Fund Aimed at Young Innovators
March 20, 2022  |  International

Egypt’s largest national banks, Banque Misr, National Bank of Egypt and Banque du Caire, have launched a new venture fund called Nclude, the banks announced...

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EMEA Daily: US Investor Eyes Purchase of British Retailer Ted Baker; Apple May Try to Delay EU App Store Bill Implementation
EMEA Daily: US Investor Eyes Purchase of British Retailer Ted Baker; Apple May Try to...
March 18, 2022  |  International

In today’s top Europe, Middle East, and Africa news, New York private equity firm Sycamore Partners is considering a cash offer for U.K. fashion retailer...

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In About-Face, Russia’s Central Bank Issues Crypto Licenses
In About-Face, Russia’s Central Bank Issues Crypto Licenses
March 18, 2022  |  Cryptocurrency

On March 17, Russia’s Sberbank announced it had received a license from the Bank of Russia to run a cryptocurrency exchange and even launch its...

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Deliveroo Lays Out Timeline to Profitability, Leverages Ghost Kitchens, Dark Stores
Deliveroo Lays Out Timeline to Profitability, Leverages Ghost Kitchens, Dark Stores
March 18, 2022  |  Delivery

As most on-demand food delivery aggregators continue to operate at a loss, Deliveroo is gearing up to reach profitability within the next two years or...

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British Retailer Ted Baker Could Be Purchased by US Investor
British Retailer Ted Baker Could Be Purchased by US Investor
March 18, 2022  |  Retail

Sycamore Partners, the New York private equity firm specializing in retail investments, is considering a cash offer for Ted Baker, the United Kingdom fashion retailer,...

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Apple Could Play This Card to Delay Implementation of EU App Store Bill
Apple Could Play This Card to Delay Implementation of EU App Store Bill
March 18, 2022  |  Apple

Apple is facing regulatory headwinds that may threaten its App Store revenue. However, the Cupertino, California-based company still has some legal arguments that could help...

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21 Crypto Firms Still Awaiting FCA Approval
21 Crypto Firms Still Awaiting FCA Approval
March 18, 2022  |  Cryptocurrency

Time is running out for cryptocurrency businesses looking to get approval to operate in the U.K. Get the Full Story Complete the form to unlock...

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