Startups are not only key drivers of economic growth and job creation but are often a catalyst for innovation. In the MENA region, innovation by young firms contributes significantly to aggregate productivity growth. When it comes to startup success stories in the region, ride-hailing service Careem, which was acquired by the US-based Uber in 2019, […]
The channel lines are blurring, not just for consumers but for enterprises as well. Engaging with brands and their representatives across online, phone, in-store with no degradation of service and or weak links is key to maintaining a consistent brand story. SAP is building solutions that help companies achieve this. In the last year, acquisitions […]
The Kingdom of Saudi Arabia (KSA) is focused on economic diversification — from a natural resource-based economy to an innovation hub powered by technology. The large and growing local population means solid domestic demand for goods, services and infrastructure. As a result, the government is pouring billions of dollars into high-tech infrastructure, launching funds, moving […]
CleverTap announced superior growth numbers across the Middle East over the past year, fueling its expansion into Turkey. Since launching in the Middle East in 2020, CleverTap has doubled its growth in META by adding 100 new brands to its company portfolio. “Our rapid growth in the Middle East is welcomed with great enthusiasm and […]
Sebastian Frederiks has been appointed head of Wholesale Banking for ING in the Middle East, effective from 15 July 2021. He will report to Malgorzata Kolakowska, UK and Middle East CEO. Sebastian will lead the Dubai-based team, serving corporate clients, wealth funds and financial institutions. Supported by specialist global product teams, he will work alongside […]
Cairo-based eCommerce platform Taager secured $6.4 million in new funding to expand its operations across the Middle East as it looks to capitalise on growth of online shopping in the wake of the coronavirus pandemic. The early-stage funding round was led by 4DX Ventures, a pan-Africa-focused venture capital company, the Taager said in a statement […]
Boubyan Bank Group announces the launch of Nomo, a fully licensed and regulated UK Islamic digital bank catering for customers with a global financial outlook. Nomo has launched as a brand name of the UK-based Bank of London and The Middle East (BLME), in which Boubyan Bank is a majority shareholder. Nomo has been developed […]
A two-decade veteran of the global strategy consulting firm, Tobias Schönberg has been with Roland Berger since 2001. Working from the firm’s Berlin office, he grew the ranks to partner and later on senior partner, as well as serving as Co-Head of the firm’s Berlin office. A member of the firm’s Transportation practice, Schönberg advises […]
While the global programmatic advertising market is set to reach $150 billion, the Middle East is recognising the greater benefits of the advanced adtech, including pDOOH Sixty programmatic ad versions resulted in 650,000 new prospective customers and a 10:1 ROI — The Economist wanted to persuade readers to buy and trust their publication. Leveraging programmatic […]
Vibe Martech Fest (VMF), the oldest and biggest MarTech summit in the Middle East, is scheduled for the 7th and 8th of September 2021 in Dubai, UAE. The third edition of VMF returns as an in-person edition, the first in a post-pandemic setting. One of the most challenging times for companies has exposed the great […]
