Amazon launches fintech lab in Dubai while digital payment solutions accelerate in Pakistan
Here’s a look at today's biggest tech stories in the MENA+:
- Amazon Payment Services launches fintech lab in DIFC
- Talabat to 2x number of dark stores in UAE
- Telr partners with Tabby to offer BNPL solutions to merchants
- Microsoft launches Highway to 100 Unicorns conference in partnership with ADIO
- Emirates Airlines posts $6bn in losses for FY2020-21
- Carrefour to 2x number of stores in KSA by 2025
- Inflation in the Kingdom rises to 5.7% in May
- Saudi National Development Fund to focus investments in infrastructure
- Investments in food sector reach $23bn
- Red Sea Film Festival announces $10mn fund to support regional cinema
- Vivo to invest $30mn in Egypt over next 2 years
- ADIB to launch prepaid Meeza cards in Egypt
- Egyptian startups raised $190mn in 2020
- Auto-tech startup Odiggo expands operations to UAE
- Osule launches online digital platform for real estate
- B2B e-com marketplace Jugnu raises $3.2mn in funding
- 7 startups selected for Telenor Velocity accelerator program
- REDRETAIL partners with 1LINK to facilitate digital payments across stores
- K-Electric partners with EasyPaisa to offer digital bill payment solutions
- $3.7bn loan repayment to G-20 countries deferred to end-2021
