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Mena fastest growing e-commerce regionThe Middle East and North Africa represents the fastest growing e-commerce region worldwide with an estimated 45 per cent year-on-year growth in its value which soared to $15 billion in 2012 from $10 billion the previous year, said a study condu More… |
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Mena fastest growing e-commerce regionThe Middle East and North Africa represents the fastest growing e-commerce region worldwide with an estimated 45 per cent year-on-year growth in its value which soared to $15 billion in 2012 from $10 billion the previous year, said a study condu More… |
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RJ, PayPal offer online payment serviceRoyal Jordanian (RJ), the flag carrier of the kingdom, and PayPal, a global payment services company, have teamed up to offer a secure and convenient method of payment via the airline’s website. The partnership means that al More… |
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Nawras offers Facebook payment optionsNawras, a major communications provider in Oman, said it is introducing a new way to recharge and settle bills through the popular social networking site, Facebook. Another Nawras first in More… |
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UAE to introduce direct debit systemThe UAE Central Bank has announced plans to introduce the ‘Direct Debit System’ across the country starting from June 15. The implementation of Direct Debit will enable customers to make regular, automatic payme More… |
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Dana Gas sukuk restructuring vote postponedDana Gas, the Abu Dhabi-listed energy firm, said a shareholder meeting to vote on the restructuring of the $920 million sukuk did not met the required quorum. A new meeting has been scheduled for March 21, the company said in a fi More… |
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Iraq to withold payments for Kurdish oilIraq will not pay oil companies operating in Kurdistan because the autonomous region has failed to export the volume of crude it pledged, a spokesman for Hussain al-Shahristani, Iraq's deputy prime minister for energy, said. & More… |
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Dana gets $48m payment for Iraq fuelsDana Gas has received $48 million in overdue payments for fuel supplied in Kurdistan, the UAE-based company said on Tuesday. Delays in getting paid for operations in both Kurdistan and Egypt have contributed to Dana's financia More… |
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Zain Saudi defers $2.4bn loan for 5th timeZain Saudi extended the maturity of a SR9 billion ($2.4 billion) Islamic loan for another 21 days on Wednesday, the fifth time the loss-making telecom operator has deferred payment. The company, an affiliate of Kuwait's Zain, More… |
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Western Union cautions on relationship scamsWestern Union, a global leader in payment services, has warned on the billion dollar online matrimonial industry, saying that fraudsters are cashing in by targeting women and men looking for marriage. The scam starts simply: One p More… |
