Visa and Alaan have partnered to provide digital expense management solutions to businesses in the United Arab Emirates (UAE) and Saudi Arabia. The companies’ five-year strategic alliance brings together the VisaNet global payment processing network and Alaan’s artificial intelligence (AI) spend management system, the companies said in a Wednesday...
Adyen and Cleeng have expanded their partnership into the United Arab Emirates (UAE) market. This expansion comes as Cleeng, a Software-as-a-Service (SaaS) platform for subscriber retention management (SRM) in the media and entertainment sector that is already active in the United States and Europe, moves into the UAE...
Saudi Arabia’s reported $40 billion artificial intelligence (AI) investment fund represents a leap to redefine the Middle East’s role in the global technology landscape. The fund is part of a trend of Middle Eastern countries scrambling to position themselves as leaders in the global AI...
Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region. The new Qashio Financing solution provides immediate approvals and disbursements, competitive rates and a user-friendly application process for Qashio’s customers, the companies said in a...
June 12, 2023
The Middle East and North Africa (MENA) region is quickly becoming a hotbed for open banking, driven by a unique ecosystem, booming consumer demand and “forward-thinking” regulators, said Abdulla Almoayed, founder and CEO at Tarabut Gateway. According to Almoayed, this trend has made it possible to implement innovations seamlessly and much faster than in other […]
May 04, 2023
Total investment raised by startups in the Middle East and North Africa region (MENA) and broader Gulf Cooperation Council (GCC) area crossed the $3 billion mark in 2022 as investors...
February 16, 2023
The imbalance between payments issuance and acceptance is a major pain point in emerging markets. According to Islam Shawky, co-founder and CEO at Cairo-based digital payments service provider Paymob, that...
January 02, 2023
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 sector remains at different stages...
May 08, 2024
Dubai-based payments firm MoneyHash launched a partnership with Visa. The collaboration is designed to offer secure digital payments for MoneyHash’s clientele in the Middle East/North Africa (MENA) region, who rely on the company’s payments orchestration and revenue operations platform, according to a Wednesday (May 8) press release. “Working with Visa enables MoneyHash to gain unparalleled access to Visa’s extensive suite of […]
March 28, 2024
Visa and Alaan have partnered to provide digital expense management solutions to businesses in the United Arab Emirates (UAE) and Saudi Arabia. The companies’ five-year strategic alliance brings together the VisaNet global payment processing...
March 26, 2024
Adyen and Cleeng have expanded their partnership into the United Arab Emirates (UAE) market. This expansion comes as Cleeng, a Software-as-a-Service (SaaS) platform for subscriber retention management (SRM) in the media and entertainment...
January 08, 2024
Qashio and CredibleX have partnered on an initiative to provide financing to businesses in the Middle East and North Africa (MENA) region. The new Qashio Financing solution provides immediate approvals and disbursements,...
