Day: December 14, 2021

Mastercard and ProgressSoft Partner To Simplify Remittance Solutions Across Middle East And North Africa

Mastercard has entered into a strategic partnership with the real-time payment solutions company, ProgressSoft, to ease the integration of Mastercard Cross-Border Services and accelerate cross-border remittances across the Middle East and North Africa. With Mastercard Cross-Border Services, financial service providers can seamlessly process digital payments leveraging its global network through a single connection. Furthermore, these

ICAEW: UAE Economy Set To Fully Recover From Pandemic Losses In 2022

The latest Economic Insight report for the Middle East, commissioned by ICAEW and compiled by Oxford Economics, reveals the UAE economy is close to fully recovering losses brought about by the pandemic and last year’s energy price slump. Higher oil output, loosening of COVID-19 restrictions and the recent start of the delayed Expo 2020 Dubai

GMG Extends Nike Partnership To Egypt And Iraq

GMG—a global well-being company retailing, distributing and manufacturing a portfolio of leading international and home-grown brands across sport, food and health sectors—has announced that the company will have the official rights to manage, distribute,and retail the Nike brand in Egypt and Iraq starting in Q3 2022 through its sports vertical, GMG Sports. The expansion of

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