Middle East

Careem Raises $350 Million In Funding
Careem Raises $350 Million In Funding
December 20, 2016  |  Investments

Taxi-hailing app Careem, which is a competitor to Uber in the Middle East, has raised $350 million in venture funding. According to a report in...

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Amazon In $1 Billion Deal Talks To Buy Souq.com
Amazon In $1 Billion Deal Talks To Buy Souq.com
November 28, 2016  |  Amazon

Amazon is reportedly in discussions to acquire Souq.com FZ, the Dubai online retailer. According to a report by Bloomberg, talks are focused on Amazon paying around $1...

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Orange/Ecobank Launch Bank-To-Wallet Money Transfer Service
Orange/Ecobank Launch Bank-To-Wallet Money Transfer Service
March 22, 2016  |  International

Through a new partnership, customers of both Ecobank and Orange will have the ability to top up their Orange Money eWallets through their bank accounts...

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UAE Promotes SMEs
UAE Promotes SMEs
April 14, 2014  |  News

In the UAE, a new law grants SMEs exemptions from customs tax for equipment, raw materials and goods for production purposes. It also exempts SMEs...

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