Paystack, the Nigerian fintech startup and a unit of Stripe Inc, is undergoing a strategic business realignment by reducing its operations in Europe and the Middle East. The company is set to cut 33 employees…

The Arab Coordination Group (ACG), a strategic alliance focused on coordinated responses in development finance, has committed a generous $50 billion donation for the construction of climate-resilient infrastructure and inclusive societies in Africa. Muhammad Al…

Tabby, a shopping and financial services app, has achieved unicorn status with a valuation of $1.5 billion following a successful Series D funding round that raised $200 million. This milestone solidifies Tabby's position as the…

During the third quarter, Saudi Arabia's economy experienced its most substantial contraction since 2020 as the kingdom reduced oil production to boost prices. According to preliminary data from the General Authority of Statistics, the Gross…

Magnati, a payment solutions provider in the MENA (Middle East and North Africa) region, has entered into a partnership with Alipay+, a global provider of cross-border digital payment and marketing solutions. The collaboration is aimed…