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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
A local fintech deal to consolidate operations, feedback on Saudi Arabia’s proposed IPO rules, and Ras Al Khaimah’s casino economy.
قصص آنية ومفصلة ومكتوبة بعناية من المنطقة
Timely, detailed and well-written stories from the region
Dubai-based payments company NEOPAY has agreed to buy a 65% controlling stake in noon payments, the online payment gateway of the popular e-commerce giant Noon. The parties haven’t divulged the price at which the transaction has happened, but it is a fintech deal everyone is talking about this week.
Now, NEOPAY provides payment solutions to merchants in the region, both offline and online; it’s known for its point-of-sales machines in stores. The company was launched in 2022 by Dubai-listed Mashreq bank, but the latter had sold the majority of its stake (65%) in 2024 to alternative asset manager Arcapita Group …
آراء حول أحدث التطورات في الأعمال والاقتصاد من محرر الشرق الأوسط
Views on the latest happenings in business and economy from our ME Editor
