Federal Bank has gone into an essential tie-up with Mashreq Bank to work with cash moves from the UAE to India by supporting the latter’s faster payment product QuickRemit. It was launched back in 2017 and has been fully functional ever since. Because of the association, Mashreq clients can...
The popular fastest-growing science venture from Egypt, Nawah Scientific has announced its official launch in Jordan. Although this isn’t the first time Nawah is doing business in Jordan since their collaboration with Jordanian universities and scientists has been already established back in 2018 via Nawah’s hub in Cairo.
“With a...
The Detroit-and Dubai-based startup, DERQ has recently announced raising a $500k fund from Wadi Makkah Ventures as a feature of a pre-Series A round that incorporated a few other driving worldwide tech, investors and that’s not all. The venture, made in December 2020, brings the all-out reserves raised by...
16 of the top 100 companies in MENA (Middle East and North Africa) are led by extraordinary Women. Egypt had the majority closely followed by Saudi Arabia. Here are the 50 of the most Powerful Arab Women who are highly successful the business world in MENA primarily in the...
The US government has seized Iranian media outlet domains once more, this time targeting it's primary international news arm Press TV, it's Arab news arm Al-Alam and Al Masirah which is a Yemeni TV channel controlled by the Houthis in Yemen.
This is the second time in less than 12...
The Sanar Health tech platform offers at-home health care services and multiple telemedicine to users. Its offers range from lab tests at home, clinic consultation with video chat, physiotherapy sessions, and home nursing care with healthcare professionals. Since this platform was launched in 2019, Sanar has on board over...
In the complex digital world of today, the world of Fintech is ripe for growth. However, one of the concerns about growth for clients, investors, and staff is how it can be long-lasting and sustainable.
The segment has grown dramatically with Fintech firms showing some of the very popular growth...
It was very recently announced that the Central Bank of the UAE (CBUAE) has been working with SWIFT which is a worldwide supplier of secure transaction messaging systems. Their goal is to make additional upgrades to the speed and enhance the methods of cross-border transactions and that’s not all....
All across the Middle East and North Africa regions, there are small and medium sized enterprises which play a substantial role in economic growth. These types of businesses employee up to half of the workforce in the area, and are responsible for 70% of the total GDP.
Unfortunately, these businesses...
Introduction
The concept of blockchains was combined with other technologies to create modern cryptocurrency by Satoshi Nakamoto in 2008. This technology gained widespread awareness and acceptance with the launch of Bitcoin in the year 2009. Blockchains are the foundation of cryptocurrencies and a simplified payment verification process. It’s expected blockchain technology will mature...
