Category Archives: Business & Investments

Financial Transfers to Egypt Experience Notable Surge-Al Ansari Exchange

Following a Decision to Float it’s Currency

Financial Transfers to Egypt Experience Notable Surge

United Arab Emirates – March 12, 2024: Al Ansari Exchange, the largest remittance and foreign exchange company in the United Arab Emirates, and a subsidiary of Al Ansari Financial Services Group (DFM: ALANSARI, announced today witnessing a remarkable increase in the volume of money transfers sent from the UAE to Egypt following recent developments related to the Egyptian Pound exchange rate.

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Boston Consulting Group (BCG) Celebrates Successful Partnership at the Quantum Innovation Summit 2024

Boston Consulting Group (BCG) Celebrates Successful Partnership at the Quantum Innovation Summit 2024

Dubai, UAE, March 13, 2024 – The Quantum Innovation Summit  2024 recently concluded, and it proudly recognized the Boston Consulting Group (BCG) as its knowledge partner. As a strategic consulting leader, BCG shared invaluable insights into the quantum technology sector and investment trends and highlighted the Gulf Cooperation Council (GCC)’s initiatives in advancing this groundbreaking technology. BCG’s participation underscored its dedication to fostering innovation, collaboration, and diversity within the global quantum technology community.

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Visa joins Dubai FinTech Summit as Founding Partner & Co-Host

Visa joins Dubai FinTech Summit as Founding Partner & Co-Host

Visa signs a 3-year partnership with Dubai FinTech Summit.

The collaboration reinforces Dubai FinTech Summit and Visa’s shared commitment to nurture and strengthen the global financial ecosystem through innovation, meaningful discussions and connections.

Dubai, 13 March 2024: Visa, a global leader in digital payments, has joined theDubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the leading global Financial Centre in the MEASA region, – as a Founding Partner & Co-Host underscoring its dedication to support innovative and future thinking businesses on a global scale. Visa has cemented its partnership with DFS through a strategic three-year agreement, demonstrating a strong commitment to the fintech ecosystem.

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Direct Debit System partners with Keyper to revolutionize rent payments in Dubai

Collaboration launches first digital payment platform for UAE tenants and landlords

Dubai, UAE – Direct Debit System, the UAE’s first paperless direct debit marketplace, has partnered with Keyper, a leading venture capital-backed, technology-enabled property management platform, to launch the first digital rental payments platform accessible to all tenants and landlords in the UAE. The collaboration delivers a long-awaited solution to the traditional post-dated cheque (PDC) based transactions, enabling property owners to receive payments of rent digitally.

Omar Abu Innab, Co-founder and CEO of Keyper and Ummair Butt, CEO of Direct Debit System

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Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market

Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market

  • The company’s expansion is a result of thorough research on customer expectations, cultural nuances, fashion trends, and local payment methods.
  • The Saudi Arabia shapewear and stocking market is projected to reach a market size of more than USD 7 million by 2028
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