{
}
Valu has emerged as Egypt's leading financial super-app, boasting over 700,000 active users and launching co-branded credit and prepaid cards that achieved 1.2 million transactions in a year. The fintech ecosystem is expanding with new products like Ulter and Shift, alongside a growing merchant network of 7,000 retailers and 2,000 online stores.In the MENA region, fintech is evolving beyond payments and lending, with a focus on wealth management and AI-driven services. Companies like MyFatoorah and MNT-Halan are making significant strides, while cross-border expansion is anticipated, positioning the region for a robust future in the global fintech landscape.
Valu has emerged as Egypt's leading financial super-app, boasting over 700,000 active users and launching co-branded credit and prepaid cards that achieved 1.2 million transactions in a year. The fintech ecosystem is expanding with new products like Ulter and Shift, alongside a growing merchant network of 7,000 retailers and 2,000 online stores.In the MENA region, fintech is evolving beyond payments and lending, with a focus on wealth management and AI-driven services. Companies like MyFatoorah and MNT-Halan are making significant strides, while cross-border expansion is anticipated, positioning the region for a robust financial future.
UAE-Pakistan trade is set to improve following a partnership between Maqta Technologies Group, the digital arm of AD Ports Group, and Pakistan Single Window, a government-owned platform. This collaboration aims to streamline trade processing between the two nations.
UAE-Pakistan trade is set to improve following a partnership between Maqta Technologies Group, the digital arm of AD Ports Group, and Pakistan Single Window, a government-owned platform. This collaboration aims to streamline trade processing between the two nations.
Lahori Zeera has achieved a remarkable milestone, crossing Rs 300 crore in revenue for FY24. The company's profits have surged, increasing threefold compared to previous figures, highlighting its significant growth and success in the market.
Lahori Zeera has achieved a remarkable milestone, crossing Rs 300 crore in revenue for FY24. The company's profits have surged, increasing threefold compared to previous figures, highlighting its significant growth and success in the market.
Careem Pay has launched its remittance service to Egypt, allowing UAE residents to transfer money directly to Egyptian bank accounts at competitive rates. With Egypt being a top recipient of remittances from the UAE, the service offers near-instant transfers and rates significantly lower than traditional banks, especially for Careem Plus members. The launch coincides with Ramadan, a peak time for remittances as expatriates support their families.
Careem Pay has launched its remittance service to Egypt, allowing UAE residents to transfer money directly to Egyptian bank accounts at competitive rates. With a market size of around US$10 billion, Egypt is a key destination for remittances from the UAE, particularly among the large Egyptian expatriate community. The service promises near-instant transfers and rates that are significantly lower than traditional banks, especially for Careem Plus members, coinciding with the increased remittance activity during Ramadan.
Mastercard and Mashreq have entered a multi-year agreement to support the launch of Mashreq as a digital bank in Pakistan, focusing on a diverse card portfolio for various market segments. With a restricted license from the State Bank of Pakistan, the partnership aims to enhance digital payment adoption and financial inclusion, ultimately transforming the digital economy in the region.
In March 2024, Kushner praised Gaza's beachfront property while advocating for ethnic cleansing, contrasting with the Oscar-winning documentary "No Other Land," which highlights Israeli-Palestinian cooperation in rebuilding. Elon Musk distanced himself from job cuts at the Department of Veterans Affairs, attributing them to agency heads, while acknowledging his own missteps. Concerns grow over Musk's influence at the Social Security Administration, where aggressive cuts could harm millions of beneficiaries. The National Republican Congressional Committee faced backlash for labeling a U.S. citizen, Rep. Adriano Espaillat, an "illegal immigrant," reflecting the party's increasingly xenophobic rhetoric.
PAK
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
fintech revolution in mena drives growth and innovation in 2024
United States Dollar
Value Line, Inc.
TUR
ARE
OMN
SAU
PAK
PSE
KWT
JOR
EGY
Ahmed Mohsen
Moayad Alfallaj
Jayesh Patel
Mounir Ikram Nakhla
Abdullah Aldabbous
Ahmad Hammouda
Seif Amraoui
Daniil Barkalov
Walid Hassouna
Nasser Al-Saleh
Ashraf Sabry
Hosam Arab
Show more
00:50 15.03.2025
fintech revolution in mena drives growth and innovation in 2024
United States Dollar
TUR
JOR
EGY
PAK
KWT
ARE
PSE
OMN
SAU
Mounir Ikram Nakhla
Daniil Barkalov
Hosam Arab
Seif Amraoui
Jayesh Patel
Ahmed Mohsen
Walid Hassouna
Abdullah Aldabbous
Moayad Alfallaj
Ahmad Hammouda
Ashraf Sabry
Nasser Al-Saleh
Show more
00:50 15.03.2025
UAE and Pakistan enhance trade efficiency with new digital partnership
07:37 13.03.2025
UAE and Pakistan enhance trade efficiency with new digital partnership
07:37 13.03.2025
Lahori Zeera achieves 300 crore revenue with threefold profit increase
06:02 12.03.2025
Lahori Zeera achieves 300 crore revenue with threefold profit increase in FY24
06:02 12.03.2025
Careem Pay launches remittance service to Egypt for UAE residents
03:54 11.03.2025
careem pay launches remittance service to egypt for uae residents
United Arab Emirates Dirham
United States Dollar
Pakistani Rupee
British Pound Sterling
Indian Rupee
ARE
GBR
EGY
PAK
PHL
IND
Mohammad-Taqi Bahar
Show more
03:54 11.03.2025
mastercard and mashreq join forces to launch digital bank in pakistan
03:35 07.03.2025
elon musk's government email revealed amid legal challenges for transparency
United States Dollar
LBY
AFG
SDN
YEM
IRQ
CAN
USA
MEX
SOM
PAK
SYR
Donald Trump
Claudia Sheinbaum
Adriano Espaillat
Elon Musk
Show more
19:06 06.03.2025
Trending
Subcategory
Corporate News
Stock Market Updates
Industry Trends
Banking Regulations
Finance Mergers & Acquisitions
Global Financial Events
Retail and Consumer Goods
Industry Mergers & Acquisitions
CEO Changes
Workplace Trends
Central Bank Actions
Global Trade Developments
Market Analysis and Predictions
Financial Scams and Security
Government Policies
GDP Growth & Recession Forecasts
Inflation and Monetary Impact
Government Economic Policies
Supply Chain Management
Startups & Entrepreneurship
Countries:
Companies:
JPMorgan Chase & Co.
The Goldman Sachs Group, Inc.
Tesla, Inc.
Barclays PLC
Apple Inc.
Deutsche Bank Money Market PP
Credit Suisse Lux Digital Healt
Bank of America Corporation
Wells Fargo & Company
Citigroup Inc.
BNP Paribas SA
Banco Santander, S.A.
UBS Group AG
Morgan Stanley
Commerzbank AG
UniCredit S.p.A.
Lloyds Banking Group plc
Huawei Technologies CO. Ltd.
SpaceXCoin USD
Berkshire Hathaway Inc.
Currencies:
United States Dollar
Euro
British Pound Sterling
Chinese Yuan
Swiss Franc
Japanese Yen
Indian Rupee
Australian Dollar
Russian Ruble
Danish Krone
Canadian Dollar
Mexican Peso
United Arab Emirates Dirham
Offshore Chinese Yuan
Hong Kong Dollar
Indonesian Rupiah
Saudi Riyal
South Korean Won
Turkish Lira
Malaysian Ringgit
People: