UAE

Tech and Capital Markets Reform Fuel GCC IPO Boom
Tech and Capital Markets Reform Fuel GCC IPO Boom
November 29, 2022  |  Market Conditions

It’s been a dry year for initial public offering (IPO) volume around the world. But while most stock markets have experienced a decline in both...

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Jingle Pay Launches Mastercard for Unbanked UAE Residents
Jingle Pay Launches Mastercard for Unbanked UAE Residents
November 29, 2022  |  Financial Inclusion

Jingle Pay has partnered with Mastercard to issue physical and virtual cards to users of its financial app. The Dubai-based FinTech said in a Tuesday...

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UAE Suffers Crypto Investor Remorse After FTX Crisis
UAE Suffers Crypto Investor Remorse After FTX Crisis
November 27, 2022  |  Cryptocurrency

The collapse of cryptocurrency exchange FTX continues to be felt around the world, including in the United Arab Emirates, which had been in the midst...

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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). The Emirati logistics...

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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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