Tag "Middle East"

Google Report: E-Commerce in Middle East Set For Strong Growth

E-commerce is set for strong growth in the Middle East and North Africa (MENA) region. The market was worth US$8.3 billion in 2017 and is expected to more than triple by 2022 to reach US$28.5 billion, according to a new

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UAE Leads the Digital Banking Scene in Middle East

A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the

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Apple Pay Targets Middle East Markets Starting with Saudi Arabia

Apple continues the rollout of its Apple Pay digital wallet service around the world, launching in Saudi Arabia in February, marking its 34th market. In Saudi Arabia, Apple Pay initially launched with support for the Saudi Payments Network (MADA), Alinma

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Fintech Events and Conferences in the Middle East Taking Place in H1 2019

Fintech continues its momentum in the Middle East with fintech companies attracting 12% of all digital startups deals in 2018 in the Middle East and North Africa (MENA) region, according to the latest report from Magnitt, a Dubai-based entrepreneurs’ network.

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Mobile Payments in the Middle East: News Roundup

The Middle East is witnessing a burgeoning mobile payment market with a number of players offering a multitude of diverse services. The United Arab Emirates (UAE) in particular has seen a boom in the number of available mobile payment services.

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14 Upcoming Fintech and Digital Finance Events in the Middle East

As the Middle East witnesses the emergence of a thriving fintech ecosystem, an increasing number of events and conferences are being held in the region to showcase its innovative products and latest initiatives. The followings are some of the Middle

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Reflecting On Fintech News Middle East’s 1st Year Amidst the Region’s Fintech Boom

Time surely flies, almost without realising it we are celebrating our one year anniversary since launching our Fintech News Middle East in September 2017. And what a way to mark our 1 year anniversary than to forge partnership up with

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Top 10 Most Well-Funded Fintech, Insurtech Startups in the Middle East

In the Middle East and North African (MENA) region, the fintech industry is rapidly growing with the number of fintech startups in the region more than doubling between 2013 and 2015. According to experts and industry observers, the staggering 86%

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Fintech Accelerators and Incubators in the Middle East

Across the Middle East, fintech is transforming the delivery of financial services. In recent years, many acceleration and incubation programs have emerged to nurture local fintech startups and develop a thriving ecosystem. Here are some of the Middle East’s most

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ICO Arrives In The Middle East But VC Funding Still Dominates

2017 was the year initial coin offerings (ICOs) became mainstream. The fundraising method has raised in popularity and is now being used by an increasing number of startups in blockchain and cryptocurrency space looking for capital. In 2017 alone, startups

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