Browsing: MENA

Business

Unifonic Elevates Regional Tech Landscape with Opening of New Office in Egypt

Unifonic, the leading conversational AI platform and SaaS (Software as a Service) provider in the MENA, opened its new office in Egypt, marking a crucial milestone in its regional expansion journey. Having proudly operated in Egypt since 2008, this investment reaffirms Unifonic’s ongoing efforts to enhance customer satisfaction by facilitating local support and innovative solutions.

Business

CBUAE Launches Project mBridge MVP Platform for Early Adopters

The Central Bank of the UAE (CBUAE), in collaboration with the Bank for International Settlements Innovation Hub Hong Kong Centre, the Hong Kong Monetary Authority, the Bank of Thailand, and the Digital Currency Institute of the People’s Bank of China, has launched the Minimum Viable Product (MVP) platform of the mBridge project – a multi-central bank digital currency (CBDC) common platform for wholesale cross-border payments and settlement. This marks the debut of the first multi-CBDC platform to reach the MVP phase, ready for use by early adopters.

Business

Payrails and inDrive Launch MENA Payment Solution

Payrails, a prominent payment platform serving multinational corporations, has unveiled a strategic partnership with inDrive, a globally renowned ride-hailing application, to tackle the challenge of integrating multiple payment service providers (PSPs) and alternative payment methods (APMs) throughout the Middle East, North Africa (MENA), and beyond.