Egyptian communications minister, Atef Helmy, said the scheme would provide millions of citizens with a safe method of receiving payments. (Image source: ITU Pictures/ Flickr)

MasterCard have announced the launch of a new mobile banking initiative in Egypt

Saudi Arabia, mainly due its large market size through population and purchasing capacity, has retained its share of exports. (Image source: BroadArrow/Wikimedia Commons)

Members of the Dubai Chamber of Commerce and Industry have reported an increase in the value of exports and re-exports from US$4.6bn to US$49bn in 15 years, while Saudi Arabia remains a priority market after having retained its share of 45 per cent of exports

ICD CEO Khaled Al Aboodi said Africa and the Islamic finance industry are key strategic directions for the bank. (Image source: APO)

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed a cooperation agreement with the African Export-Import Bank (Afreximbank)

Telstra and Etisalat announced the deal at the Capacity Middle East wholesale conference in Dubai this week. (Image source: Telstra)

Telstra has announced it is to partner with Etisalat to launch a new point of presence (PoP) in the UAE