UAE

Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
Strengthening Relations Help Bolster Israel-UAE FinTech Collaboration
November 24, 2022  |  Fintech Investments

It’s been two years since a U.S.-brokered deal that normalized diplomatic relations between Israel and the United Arab Emirates (UAE) in 2020, leading to the...

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LuLu Group Linkup Brings Groceries to Amazon UAE
LuLu Group Linkup Brings Groceries to Amazon UAE
November 23, 2022  |  Amazon

Amazon announced in a press release on Friday (Nov. 23) that it has signed an agreement with the Abu Dhabi-based LuLu Group that will see...

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Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
November 22, 2022  |  Spend Management

The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the...

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Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
Abu Dhabi, Dubai Shine as Crypto Adoption Continues to Accelerate in MENA
November 13, 2022  |  Cryptocurrency

Home to two of the largest financial centers in the Gulf region — the Abu Dhabi Global Market (ADGM) and the Dubai International Financial Center...

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Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
Egyptian B2B eCommerce Platform SPEED Acquired by X-ERA
November 11, 2022  |  Acquisitions

The UAE-based logistics tech company X-ERA has completed its takeover of the Egyptian business-to-business (B2B) eCommerce platform SPEED, Martechvibe reported Thursday (Nov. 10). Get the Full...

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EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
November 09, 2022  |  Transportation

As world leaders gather in Egypt this week for the COP27 climate summit, the question of how best to approach fossil fuels is being hotly...

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Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
November 04, 2022  |  Cross-border Payments

As elsewhere, in the Gulf Cooperation Council (GCC) region, the remittance market has traditionally been dominated by a few major players. Get the Full Story...

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BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
BIS Sees Cross-Border CBDC Payments as Realistic and Achievable Goal 
October 31, 2022  |  CBDC

A four-country test of a cross-border payments system using central bank digital currencies was a success, the Bank for International Settlements (BIS) declared last week,...

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Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
Weak Pound Makes UK Tech Investment Bargain for Gulf Sovereign Wealth Funds
October 30, 2022  |  Investments

Sovereign wealth funds (SWFs) of the Gulf Cooperation Council (GCC) are emerging as major centers of economic gravity whose movements affect the entire world, so...

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