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July 16, 2020

AMMAN — The use of e-wallets in the Kingdom has surpassed 1 million, according to the Jordan Payments and Clearing Company (JoPACC).

About 600,000 e-wallets have been registered early this year, JoPACC CEO Maha Bahou said. She highlighted the role the Central Bank of Jordan (CBJ) has played in easing the opening of e-wallets since last March, the Jordan news Agency, Petra, reported on Wednesday. 

The...

July 8, 2020

 Gareth Lewis, CEO of Delio

An angel network that is among the first to penetrate the $5 trillion Halal consumer market has teamed up with UK fintech Delio to digitise the Halal investment market for angel investors across the globe.

Despite the popularity of the Halal market, no angel network has ever streamlined the investment process in the industry before. Halal Angels Network was launched to pro...

May 18, 2020

Dalal Buhejji, Director, Business Development - Financial Services, Bahrain EDB

The global narrative around COVID-19 is shifting. Across the world, business, government, media and public discourse is gradually refocusing from how to combat the virus towards how to reopen and rebuild economies – and what those economies will look like going forwards. As governments to varying degrees begin to tentati...

May 10, 2020

The round was led by VC arm of a leading pan-European banking and financial services institution ING Group with the participation of local VCs (and CVentures).

CVentures had launched in late 2018. At the time of the launch, CIB had said that it will invest in opportunities across the Middle East, Africa, and “other highly regarded cross-border markets.”

Tim Fouracre, the founder and CEO of Countingup...

April 14, 2020

The COVID-19 outbreak is a tragedy that will have widespread and long-lasting implications for humanity and our global economy. As COVID-19 continues to spread around the world, more and more enterprises will miss their financial targets because of supply chain disruptions and dampened customer demand.

It’s clear that this pandemic will drastically impact most businesses for months, probably years....

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