CASHU, one of the leading players in the online payment industry in the Middle East and North Africa (MENA), has announced that it has successfully migrated its regulated business to Singapore and is now regulated under The Monetary Authority of Singapore (MAS). The move, which follows a recent management...

Dubai-based serial entrepreneurs Ibrahim Jaber and Ahmed Al Qassimi today announced the launch of exclusive new crowd investing platform, Venturefin, aimed at promoting and enhancing global investment opportunities. Venturefin is an elite equity and loan crowd investing platform that connects qualified...

Facebook in the Middle East and North Africa announced today that as of December 31, 2015, more than 120 million people in the region used it every month. Of those, 110 million active users access the site through mobile devices. Across MENA, almost 83% of people come back to Facebook every day and almost...

The video-streaming service Netflix went live in the UAE and more than 130 other countries on Wednesday. The service was launched with the offer of a one-month free ­trial, after users provide their credit card information. Afterwards, the service is offered at three different prices, ranging from...

Criteo the performance marketing technology company, have found that the mobile share of all digital sales in the Middle East is 38.8%, which is higher than the world-wide average of 35%, according to Criteo’s Q3 State of Mobile Commerce Report. The study, which analyzed industry wide trends, provides...

The public cloud services market in the Middle East and North Africa (MENA) region is projected to grow to 19.3 percent in 2016 to total $ 880 million, up from an estimated $737 million in 2015, according to Gartner, Inc. Business Process as a Service (BPaaS), the largest segment of the cloud services...

Growth in online travel planning and booking across the region will underpin the Travel Tech Theatre focus at Arabian Travel Market 2016, with research firm Phocuswright reporting that the Middle East’s online travel market is forecast to almost double in value within the next two years, rising from...

Middle East Venture Partners (MEVP) announced today the second close of Middle East Venture Fund II (MEVF II) at more than US$30 Million. MEVF II is a venture capital fund that invests in the region's early stage technology and mobile businesses. The Fund is MEVP's fourth venture capital (VC) fund, increasing...

SAP has launched its SAP Startup Focus Program in the Middle East and North Africa (MENA) in order to support young Middle East technology entrepreneurs to grow their innovative business plans. In the Middle East and North Africa, there is an increasing demand for innovative solutions that can analyze...

Redefining the art of photographic technology, National Stores announced the launch of LYTRO ILLUM into the Middle East market. Distinctly different from the traditional cameras, Lytro introduces in the region its unique concept of *“Living Pictures”*, courtesy its revolutionary *Light Field Technology*,...