In 2022, Radisson Hotel Group continued to drive forward its ambitious expansion plan to be one of the top three hotel groups in the world with its strong portfolio of nine distinct brands and its growing resorts portfolio.
The partnership will see Moneygram offer transfer services via Astra’s United Arab Emirates-based communications company Botim.
Jean-Charles Yallet, une nomination qui participe au renforcement de l’engagement de Mastercard dans les marchés clés.
JDE selects Orange Business Services for future-proof and scalable connectivity infrastructure to support global business expansion.
Astra Tech has bought Botim, taking it a step closer to creating a platform that will offer everything from instant messaging to digital payments.
Sideup, the MENA region’s platform for e-Commerce services has announced the completion of a $1.2m seed round.
ironSource, a business platform for the App Economy, has announced the expansion of its partnership with Samsung, as it launches on mobile devices in the Middle East and North Africa.
BitOasis customers will be able to convert their cryptocurrency holdings to fiat currency allowing the consumer to easily shop and pay at more than 90 million merchant locations globally.
Moove, the world’s first mobility fintech and Uber’s largest vehicle supply partner in EMEA, is announcing it has raised £15 million in debt financing from Emso Asset Management
U.S. International Development Finance Corporation (DFC) approved 62 new transactions this quarter totaling more than $2.3 billion of investment to help solve some of the world’s greatest development challenges.
The deal sees Tink’s technology embedded into Adyen’s single platform, enabling Adyen customers to seamlessly offer next generation open banking payments to consumers.
Mastercard has launched Crypto Secure, a first-of-its kind technology solution designed to bring additional security and trust to the digital ecosystem.
Through this strategic partnership, consumers in the UAE can use the Jingle Pay app to send money in near real-time to over 200 countries and territories around the world. MoneyGram has also completed a minority investment in Jingle Pay, providing the Company with a direct ownership position in the startup
Radisson Hotel Group will now use CellPoint Digital’s full payment orchestration platform to seamlessly integrate new payment methods, new acquirers and stored card facilities.
Amethis and Edmond de Rothschild Private Equity complete final close of Amethis MENA II on target at EUR 120mn
AMF II is the second fund of the Amethis franchise focused on the MENA region, its fifth fund in total, and targets majority and minority investments ranging from EUR 5-15mn in fast-growing small-to-medium sized enterprises in Morocco, Egypt, Tunisia and Jordan
Gennvax Featured on global economics reflecting how this national project will change the African market and position Egypt as a major player within the vaccines landscape map
The main issues addressed were the production of natural gas and LNG export, areas in which Egypt has acquired a central role in the Mediterranean since Eni’s discovery of Zohr. The company is committed to supporting gas production increase.
Orascom Construction PLC announced that it has been highly featured in several rankings published by Engineering News Record (ENR), one of the world’s leading global engineering and construction publications.
ArabyAds raises US$30 Million in Pre-Series B funding round from AfricInvest Maghreb Private Equity Fund IV; eyes global expansion
SBS becomes main distributor of Modex's blockchain-based solutions across the MENA region and Africa
Superior Business Solutions (SBS), an innovative IT solutions provider from Florida, USA, with operations in the UAE, Kuwait, Qatar, and Egypt, has become the main distributor of Modex's blockchain-based products and services across the MENA region and Africa.
Superior Business Solutions Inc., an innovative IT solutions provider, has become the main distributor of Modex's blockchain-based products and services in the MENA region and Africa.
Adoption of a broader range of digital payment methods is accelerating in the MENA region and the technology fueling the future of payments is already here, according to Mastercard’s New Payments Index 2022.
National Bank of Bahrain in partnership with Mastercard to enhance portfolio through new premium offerings
The National Bank of Bahrain (NBB), and Mastercard have announced a strategic seven-year partnership to elevate their existing offerings and provide NBB’s customers a differentiated, digital-first experience with value-added benefits.
The United Bank for Africa (UBA), announced it has extended its operations to the United Arab Emirates with the official launch of its new branch at the Dubai International Financial Centre (DIFC).
Egypt's Arab Academy for Science, Technology & Maritime Transport (AASTMT) and RobotLAB, the educational robotics company, announced a partnership to build an Artificial Intelligence (AI) and robotics lab on the campus.
Mastercard has announced the appointment of Adam Jones as the new Country General Manager of its MENA Central cluster.
CoinMENA, a leading digital assets exchange in the Middle East and North Africa (MENA), announced that it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments.
Skaleet has announced its partnership with Salv to provide their customers with Anti-Money Laundering solutions (AML), including transaction monitoring, sanctions screening and risk scoring.
Spire, a leading GCC Open Banking services provider, has announced a strategic partnership with Mastercard, a technology leader in the global payments industry.
J&T Express (J&T), an international express logistics company, announced it has officially launched its network in Egypt, another major step in J&T's expansion in the Middle East North Africa (MENA) region.
valU, MENA’s Buy-Now, Pay-Later (BNPL) lifestyle-enabling fintech platform, announced that the Alhokair Family, have entered into an agreement to acquire a 4.99% stake in valU through a capital injection of $12.4 million.
Americana Restaurants, a leading quick-service restaurant operator in the MENA region, had entered into a partnership agreement with Miso Robotics, a US-based company transforming the restaurant industry through robotics and intelligent automation.
500 Global, a leading U.S.-based venture capital firm, has promoted Amal Dokhan General Partner 500 Global MENA.
ZainTech has announced a partnership with data analytics specialist, LigaData to support its vison to deliver cutting-edge, data-driven digital services to enterprise and government customers across the Middle East and North Africa.
The MENA Fintech Association (MFTA), the leading voice of the region's fintech community, has published the second volume of its SHIFT report.
Pemo offers fast, transparent, and simplified invoice payment and expense management solutions, as well as smart corporate cards, for small and medium-sized enterprises (SMEs) in the region.
Disney+ has finally unveiled an extensive sneak peek at the line-up for the Middle East and North Africa (MENA).
beIN MEDIA GROUP and Microsoft have reinforced their commitment to transform the media sector and reinvent the broadcast experience by signing a MoU that furthers their longstanding partnership.
As recovery of the travel industry picks up steam, payments technology company Mastercard and travel website Musafir have partnered to take travel bookings originating in the Middle East and North Africa, to new heights
Hotpack Global announced a regional expansion in Morocco, joining hands with the retail leader of the African nation, Retail Holding through its investment arm, Best Financiers.
In a bid to promote local manufacturing of pharmaceutical products in nascent markets, IFC and Nippon Chemiphar Co. Ltd., are joining forces to conduct a feasibility study on expanding production and distribution of the company's generic pharmaceutical products.
Kamel Pay, a leading fintech in the region, has partnered with Mastercard to launch two innovative payments solutions for businesses and individuals in the UAE.
CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost, an Abu Dhabi-based venture-builder dedicated to ‘hatching’ startup ideas.
Marking the first-ever portfolio merger of two venture builders in the region, CE-Creates, the business incubation platform of Crescent Enterprises, has completed the merger of its portfolio of startups with hatch & boost.
In an attempt to diversify its debt portfolio, Egypt Finance Ministry is getting ready to issue the country's first sovereign green bonds in the Middle East and North Africa (MENA) region.
The U.S. International Development Finance Corporation (DFC) Chief Executive Officer and Prosper Africa Executive Chairman Adam Boehler announced a series of efforts to expand U.S. investment in Morocco.
Citi has appointed Elissar Farah Antonios as Head of the MENA Cluster. As MENA Cluster Head, Elissar will assume overall responsibility for driving Citi's business in the MENA region.
As the MENA region needs to adapt to complex environmental issues and rapidly changing social and economic behaviour, young entrepreneurs are taking the lead to transition into a greener, ecological and sustainable future.
i2c, the provider of digital payment and banking technology, announced its partnership with Visa, the world's leader in digital payments, as fintech processor in the MENA (Middle East and North Africa) region.
Middle East’s AI-based digital health platform Altibbi, has raised $44 million in Series B fund funding led by Foundation Holdings, Hikma Ventures and existing investors Global Ventures and DASH Ventures.
Beyon Connect and Bahrain’s National Cyber Security Centre (NCSC) have signed an MoU that will see the NCSC adopt innovative digital identity and digital postbox solutions and services delivered by Beyon Connect.
SDX Energy, the MENA-focused energy company, announced the spudding of the SD-5X exploration well, targeting the Warda prospect in the South Disouq development lease.
TOD, a pioneering new subscription-based over-the-top (OTT) platform, has been unveiled to audiences across the Middle East and North Africa (MENA) region.
It is also considered one of the fastest growing companies in the Egyptian market since its first launch in Egypt at the start of 2021, OPay Group quickly gained the confidence of thousands of merchants that utilize its points of sale (POS) to collect bills and other payments.
DMS, the digital arm of Choueiri Group, announced it would be serving as the exclusive media representatives for InMotion outcome-based solutions in the MENA region.
Sergas Group partners with Royal Strategic Partners to enhance the infrastructure in the gas sector in MENA
The agreement aims at enhancing the infrastructure in the gas sector in MENA region and other areas.
UAE -based Crescent Enterprises announced its commitment to the EDISON Alliance 1 Billion Lives Challenge, to impact 100,000 youth in the Middle East, North Africa, and South Asia (MENASA) region by 2025.
Affirma Capital and StonePine StonePine have jointly agreed to invest $20 million for a minority stake in Nerhadou, one of nutraceutical and pharmaceutical players and a pioneer oral dispersible film (ODF) manufacturer in Egypt.
Zbooni, MENA's c-Commerce (connected commerce) platform, has announced its official launch in Egypt. The rapidly scaling startup, which is backed by regional and global investors, will support the backbone of the Egyptian economy.
Thndr, the Egyptian digital investment platform, announced a new $20 million series A investment round co-led by Tiger Global, BECO Capital and Prosus Ventures.
Mastercard and Fintech Kashat partner to expand financial services to Egypt’s unbanked and underbanked
In a move that will see enhanced financial services for people in Egypt, Mastercard and Egyptian fintech Kashat have signed a five-year agreement that will digitize the onboarding, disbursement, and collection processes for MENA’s first nano financial service provider.
B2B marketplace startup Retailo raises $36m Series A funding to empower community commerce in the MENA region
Retailo, the B2B marketplace startup for retailers in Middle East, North Africa, and Pakistan (MENAP) which is digitizing the region's retail supply chains, has raised $36 million in its Series A investment round.
The GSMA has published an analysis showing how robust 5G growth in the Middle East and North Africa has followed ambitious 5G spectrum assignments.
Kostas Tsekouras, an engineer with extensive senior-level experience in information technology and data centers, has joined Syska Hennessy as Managing Director, Middle East and North Africa (MENA).
Citi launched its first Middle East and North Africa (MENA) Sustainability-linked Supply Chain Finance (SSCF) program in Algeria.
Egypt's Businessita among 10 startups to be welcomed by C3 and Accenture to the C3 I.D.E.A Accelerator
C3 (Companies Creating Change) and Accenture welcomed the 10 startups selected to participate in the C3 I.D.E.A (Inclusion, Diversity, Equity and Access) Accelerator.
IFC and ADGM launch initiative to boost opportunities for women-led startups and businesses across MENA
IFC and Abu Dhabi Global Market (ADGM) launched She Wins Arabia, an initiative to help women-led startups across the Middle East and North Africa (MENA) get the advice, finance, and mentorship they need to grow.
Minly, the MENA region’s media & entertainment startup, announced the acquisition of Oulo, a Dubai-based celebrity shoutout platform focused on the Levant region.
Mastercard and ProgressSoft partner to simplify remittance solutions across Middle East and North Africa
With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection.
Wingie, a Germany-based flight-booking website, has released new data on changing trends pertaining to air travel in the Middle East and North Africa (MENA).
ExpandCart has announced collaboration with PayPal to unveil global cross- border sales opportunities in the Middle East and Africa (MENA).
Technip Energies and National Petroleum Construction Company, NPCC, a subsidiary of National Marine Dredging company, have signed an MoU to advance energy transition in the UAE and countries in the MENA region.
The Arab Petroleum Investments Corporation (APICORP), an energy-focused multilateral development bank, unveiled its new ESG policy framework to support energy transition in its member countries and beyond.
Bloovo, the recruitment technology company specializing in the provision of AI-powered talent acquisition solutions has expanded to Egypt and the US markets with its wide portfolio of solutions and products
Saxo Bank, the online trading and investment specialist that connects people to investment opportunities in global capital markets, has appointed Damian Hitchen as new CEO of the MENA region. He will report directly to Chief Sales Officer Stig Christensen.
Vertiv, a global provider of critical digital infrastructure and continuity solutions, announced a distribution agreement with Ingram Micro, the global technology and supply chain services leader, to cover the MENA distribution markets.
The project will be the largest solar-plus-storage plant located at a mine site, significantly facilitating the energy transition for minerals in the MENA region.
The Arab Banking Corporation (Bank ABC), announced the completion of its acquisition of a 99.5% stake in BLOM Bank Egypt, significantly enhancing Bank ABC’s presence in the MENA region, and deepening its roots in the Egyptian market.
Saloodo! announced the launch of BeduConnect, a road freight service between Middle East and Africa. Saloodo! is the first digital marketplace to offer road freight connection between the Arabian Peninsula and North Africa.
Omnisient, a secure data exchange and collaboration platform which enables companies to improve data-driven decision-making, has secured $1.4 million in a pre-Series A round.
Octagon, the marketing, creative and talent management agency in global sports and entertainment, in partnership with IPG's Middle East Communications Network, named Sebastian Smith as Regional General Manager, Octagon Middle East and North Africa.
UK-based, MENA focused, startup BASMA.com closed $3 million Series A funding led by MEVP with the participation of SOSF, IM capital and returning investors iSME, Cedar Mundi Ventures and IFA capital, to scale up its healthtech platform in the MENA region.
Saad will lead the next phase of growth for Uber’s ride-sharing business across the region, bringing 15 years of strategy & marketing experience from the U.S., Singapore and Pakistan.
Siemens Energy, partners inaugurate first industrial scale Green Hydrogen Project in the MENA region
Siemens Energy, in collaboration with Dubai Electricity and Water Authority (DEWA), and Expo 2020 Dubai, has inaugurated the first industrial scale, solar-driven green hydrogen facility in the Middle East and North Africa (MENA), region.
ADM Energy PLC has announced that it has completed the sale of 188,778 shares in Superdielectrics Ltd for a total consideration of £849,501, a profit of £656,003.55 on ADM's original investment.
Women in the MENA region have long found it difficult to balance the demands of home, family, and work a major reason why only a quarter of Egyptian women work outside the home.
The current collaboration follows a Memorandum of Understanding signed recently by Nokia and UN Women, the United Nations entity for gender equality and women’s empowerment, which will guide the global partnership.
Hikma Pharmaceutical and Melinta Therapeutics entered into an exclusive licensing agreement for Vabomere® (meropenem and vaborbactam) and Orbactiv® (oritavancin), two novel anti-infective injectable products, for the MENA region.
The Arab Petroleum Investments Corporation (APICORP), estimates in its MENA Energy Investment Outlook 2021-2025, that overall planned and committed investments in the MENA region will exceed $805 billion over the next five years.
SDX Energy, the MENA-focused energy company, announced the commencement of the first, three well, phase of its 2021 drilling campaign in Morocco, which will comprise up to five wells over the year.
Tap to Phone aims to make traditional expensive location centric devices like physical POS devices and terminals, obsolete.
Al Tamimi & Company will provide critical guidance to companies navigating complex cross-border transactions in the maritime, shipping and customs sectors.
S&P Dow Jones Indices, world's index provider, announced the inaugural publication of the S&P Indices Versus Active Funds (SPIVA®) Scorecard, measuring the performance of equity funds domiciled in the Middle East and North Africa (MENA).
MENA economies face rapid accumulation of public debt, strong institutions will be key to recovery, World Bank
The COVID-19 pandemic exacerbated long-standing development challenges in the Middle East and North Africa (MENA) region, contributing to a rise in poverty, a deterioration of public finances, an increase in debt vulnerabilities.
Wego, the online travel marketplace across the MENA region, announced the launch of ShopCash, an online shopping cashback and deal discovery app for Middle East consumers.
SDX Energy announced it has received final approval from the Egyptian authorities to extend the Production Services Agreements governing its producing Meseda and Rabul oil fields in its West Gharib concession in Egypt until 9 November 2031.
360VUZ, the immersive video mobile app was selected to join the first ever "Google for Startups Accelerator" in the MENA region, that is held by Google as part of its "Grow Stronger with Google Initiative"
Bahwan CyberTek and Lightbend partner to accelerate cloud native modernization in Middle East and North Africa
Bahwan CyberTek (BCT), a worldwide provider of digital transformation solutions,has announced the expansion of its global partnership with Lightbend, the creator of Akka Platform and leader in cloud native architecture.
Amsterdam and Los Angeles-based creative agency 180 announced a significant expansion and evolution of its business model, with the opening two new offices, 180 New York and 180 MENA (Middle East North Africa).
Zenith Energy announced it has entered into a cooperation agreement (CA) with Fleet Oil & Gas, a privately owned oil and gas company led by the former Egyptian Petroleum Minister, Eng. Mahmoud Latif Amer.