Kem, the fastest-growing P2P payment app in Kuwait, has received a $3 million investment from Tether, the largest company in the digital asset industry. This landmark deal is set to improve regional adoption of USD₮, combining Tether’s commitment to expanding access to digital finance systems with Kem’s position as an emerging real-time payments leader in […]
Category: LATEST NEWS
MEA’s hobby, craft and art supplies market to top $934mln by 2030
The Middle East and Africa Hobby, Craft, and Art Supplies Market will be spotlighted at the forthcoming Paperworld Middle East exhibition. According to 6W research, the sector is expected to grow to over US$934 million by 2030 at a Compound Annual Growth Rate (CAGR) of 4.4%. The significant growth is attributed to the substantial increase […]
MENA business travel rebounds: 11.2% growth expected in 2024
A new study by Tumodo, an online business travel platform, and Admitad, a partnership marketing platform, reveals significant shifts in business travel trends across the Middle East and North Africa for 2024. Based on over 500,000 travel purchases from Q1 2022 to Q1 2024, the report by Admitad highlights increased car rentals, evolving destination preferences, […]
Mastercard collaborates with fintech start-up, Scale
Mastercard has partnered with Scale, an issuer orchestration partner, to accelerate market deployment for fintech companies across Africa and the Middle East. The collaboration will alleviate key technical and commercial barriers to entry that fintech companies, aggregators, enablers, payment service providers (PSPs) and telcos face when launching payment programs – enabling them to focus on […]
New tools, open source threats and hacktivism: Kaspersky reveals key trends for the current APT landscape
In the second quarter of 2024, Kaspersky’s Global Research and Analysis Team (GReAT) observed that, while some threat actors maintained their usual patterns, others have significantly updated their tools and broadened the scope of their activities. According to the company’s telemetry, there has been a surge in sophisticated cyberespionage campaigns targeting various sectors, with government, […]
DroppGroup joins NVIDIA inception program to revolutionize AI and blockchain integration
droppGroup, a pioneering AI and blockchain company transforming digital asset creation and management, proudly announces its acceptance into the NVIDIA Inception program. NVIDIA Inception is a prestigious virtual accelerator designed to nurture startups driving revolutionary advancements in AI and data science. droppGroup’s innovative platform integrates AI and blockchain to revolutionize digital asset creation, management and […]
IGCF 2024 unveils 29 skill-building activities for youth development in communication
To cultivate a new generation of communication leaders, the International Government Communication Forum (IGCF 2024) has announced a packed agenda targeting youth and university students. Featuring 29 dynamic discussion sessions and advanced workshops led by distinguished international speakers, the 13th edition of the forum aims to sharpen the skills and deepen the expertise of young […]
Ajman Chamber unveils its 2024 – 2030 Strategy
H.E. Eng. Abdullah Mohammed Al Muwaiji, Chairman of the Ajman Chamber of Commerce and Industry (ACCI), launched the Ajman Chamber’s 2024 – 2030 Strategy, in alignment with the Ajman Vision 2030 and its strategic objectives and eight underlying principles. The launch was attended by board members, H.E. Salem Al-Suwaidi, Director-General, and executive directors. He stated […]
EQT Completes Acquisition of WSO2
WSO2, a leading global provider of digital transformation technologies, said today that its acquisition by EQT, first announced May 3, 2024, has completed. EQT will support WSO2’s next phase of accelerated growth and innovation by drawing on EQT’s deep experience in the software space, global network of industry experts, and dedicated digital value-creation team. Since […]
Gaming Apps Spent $29 Billion on User Acquisition in 2023, iOS and Android Trends Diverge According to AppsFlyer Report
AppsFlyer has released the State of Gaming App Marketing for 2024, an in-depth report on gaming trends for app developers, marketers and game studios. The report investigates the shifts behind the modest growth in mobile gaming over recent years, including the blending of revenue sources, optimal engagement timing for maximum revenue, and nurturing trust through […]










