MENA

Binance’s Bahrain Launch Welcomed by Country’s Central Bank
Binance’s Bahrain Launch Welcomed by Country’s Central Bank
January 16, 2023  |  Cryptocurrency

Cryptocurrency exchange Binance is open for business in Bahrain. The world’s largest crypto exchange by volume said in a Monday (Jan. 16) press release it...

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Astra Tech Acquires Botim to Create MENA Super App
Astra Tech Acquires Botim to Create MENA Super App
January 12, 2023  |  Acquisitions

Astra Tech has acquired Botim in a bid to create a Gulf region super app. The deal will transform Astra Tech — an investment firm...

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New Lab Paves Way for Saudi Arabia’s Open Banking Launch
New Lab Paves Way for Saudi Arabia’s Open Banking Launch
January 11, 2023  |  Banking

The Kingdom of Saudi Arabia has launched an Open Banking Lab for banks and FinTechs. The new lab, announced by the Central Bank of Saudi...

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UAE Targets ‘Hyperscale’ Cloud Computing to Boost Digital Economy
UAE Targets ‘Hyperscale’ Cloud Computing to Boost Digital Economy
January 08, 2023  |  Connected Economy

A new cloud business group in Dubai points to the growth of high-tech industries. With a plan to launch 100 new business groups by March...

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Uber Launches Travel Feature to Grab MENA Market Share
Uber Launches Travel Feature to Grab MENA Market Share
January 05, 2023  |  Ridesharing

Uber has launched Uber Travel in the Middle East and North Africa (MENA) region. The first announcement came on Tuesday (Jan. 3) when Uber revealed...

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Uber Travel Arrives in MENA With Egypt Launch
Uber Travel Arrives in MENA With Egypt Launch
January 03, 2023  |  Ridesharing

Uber has launched the Uber Travel feature suite in Egypt. Specifically, “Smart Itineraries” has been launched in the country, allowing users to sync their travel...

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4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

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...

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Startups Embrace Business Resilience Just as VCs Demand It
Startups Embrace Business Resilience Just as VCs Demand It
December 29, 2022  |  Startups

Global economic volatility and recession risk test the business resilience of startups. But for firms in emerging markets across Africa and the Middle East, the...

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Open Banking Reform Drives Competition in Israeli Financial Services Sector
Open Banking Reform Drives Competition in Israeli Financial Services Sector
December 27, 2022  |  Bank Regulation

Six months after Israel’s open banking legislation came into effect, the field is taking shape. Like similar laws elsewhere, such as the EU’s second payment...

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