Mastercard has expanded two partnerships in the Middle East. These include a partnership with Emirates NBD, a banking group in the Middle East, North Africa and Türkiye (MENAT) region, and a partnership with Checkout.com in the United Arab Emirates (UAE). Emirates NBD will integrate Mastercard...
Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that include Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, South Africa and the United Arab Emirates....
Bahrain, an archipelago nation of 1.5 million people, is emerging as an unlikely leader in the artificial intelligence race in the Middle East. Bahrain’s push to integrate AI into its economic vision, national security infrastructure and workforce development is part of a rapidly growing movement...
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to AI projects as a way to diversify their economies, CNBC reported Sunday (Sept. 22). In...
July 23, 2024
The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically driving forward various innovations. “The Middle East has always been a very unique trade corridor, placed right in the middle of the world, which facilitates transactions across the West and […]
December 23, 2022
After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the first three quarters suggests that...
October 03, 2022
If the Middle East was late to the neobank party, the United Arab Emirates, at least, is making strides toward the future of digital banking. In an interview with Jayesh...
May 12, 2022
Operating — and growing — a restaurant business in the Middle East and North Africa (MENA) region comes at a steep cost, resulting in shrinking margins for restaurant owners and...
April 15, 2025
PayPal and TerraPay are teaming to promote cross-border payments in the Middle East and Africa (MENA). The partnership, announced Tuesday (April 15), is designed to speed cross-border money movement, while making payments more accessible by connecting banks, mobile wallets and financial institutions. “The Middle East and Africa are at the forefront of the digital transformation, yet financial barriers still limit […]
February 28, 2025
Mastercard has expanded two partnerships in the Middle East. These include a partnership with Emirates NBD, a banking group in the Middle East, North Africa and Türkiye (MENAT) region, and...
September 30, 2024
Mastercard and Amazon have teamed to digitize payment acceptance in Africa and the Middle East. The partnership between Mastercard and Amazon Payment Services, announced Monday (Sept. 30), covers countries that...
September 22, 2024
Sovereign wealth funds have reportedly become major players in the artificial intelligence (AI) funding race. Countries such as Saudi Arabia, Kuwait and the United Arab Emirates (UAE) are turning to...