PayBy, a UAE-based fintech start-up recently acquired by Astra Tech in August, has been granted a license by the Central Bank of the UAE to conduct Stored Value Facility and…
The Mastercard Economics Institute’s newly released annual forecast has demonstrated how the global economy shapes consumer habits in the UAE.
The report reveals that some markets will be particularly susceptible…
RuPay, in partnership with JCB International Co. Ltd., has rolled out the second phase of its limited-time special cashback offer scheme for all RuPay JCB debit and credit cardholders in…
For Middle East retailers, 2022 was a rich year after the two turbulent years, fraught with uncertainties.
Now major retailers in the region are vigorously pushed to polish their strategy…
The UAE and Saudi-based eyewear startup Eyewa has made it onto the Forbes’ ranking of the Top 50 most-funded startups in the Mena region.
In total, Eyewa raised $30 million…
Jumbo Electronics, a UAE omnichannel consumer electronics retailer, has launched a new e-commerce platform.
The new platform is available at jumbo.ae, featuring a faster, sleeker and mobile-friendly user interface. For…
Sharjah-based sustainable online beauty products platform Secret Skin has secured $765,000 in a new angel investment round.
The funding round saw the participation of leaders from e-commerce (Amazon), fintech (SPOTII)…
The e-commerce market in the Mena region is predicted to grow substantially over the next few years, with an estimated compound annual growth rate of 15 per cent in the…
An online gifting platform Flora D’Lite has launched its website in Bahrain.
The platform enables customers to book and plan their online deliveries of flowers and other gifting choices throughout…
Retail sector sales in Oman are forecast to increase by more than six per cent annually during the next five years, mostly spurred on by booming tourism, a rise in…
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