The current MENA fintech market is estimated at US$2bn and expected to witness an annual growth of US$125mn until 2022, according to MENA Research Partners (MRP), who added that increasingly compelling business models of fintech are expected to drive the market growth further
Technology
Saudi crown prince visits France to strengthen bilateral ties
With Saudi Arabia?s crown prince Mohammed bin Salman?s visit to France, both the countries look forward to build bilateral trade relations to strengthen security, economy and business between them
?ICT expansion and transport upgrades reshape Bahrain?s economy?
Bahrain has focused on ICT and infrastructure development to drive economic growth, a move that helped the country to make 2017 a record year for inward investment, according to a new report by Oxford Business Group (OBG), the global research and consultancy firm
Schneider Electric?s smart devices aim to save utility expenses
Schneider Electric, one of the leading providers in the digital transformation of energy management and automation, has launched a showcase of smart city innovations to enable residents and businesses to save time and money on their utilities
Egypt?s digital forensic lab to improve IPR?s protection and enforcement
The government of Egypt has announced to set up a specialised digital forensic lab for intellectual property as part of its enforcement schemes of combating software piracy