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Capital.com takes top spot in Deloitte Technology Fast 50Capital.com, the renowned Cyprus-based FinTech company, has clinched the top spot for the third consecutive year in the third edition of Deloitte Technology Fast 50, with an impressive 4,411% growth. Following closely behind are Salla, an E-commerce comp More… |
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How weather introduced a shift in consumer behaviour: studyThe recent adverse weather conditions in the UAE led to a significant decrease in online payment transactions, indicating a notable shift in purchasing patterns, a comprehensive study reveals. Global payments solution provider Checkout.com revealed in new data significant shifts in tra More… |
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Cenomi Retail appoints Deloitte as advisor for Aleph sell-offCenomi Retail, Saudi Arabia’s pioneering retail brand partner, has announced the appointment of Deloitte to manage the forthcoming sale of its Aleph brand. This appointment is a crucial step in the execution of the brand divestment program pr More… |
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44pc UAE retailers hit by cyberattacks in 2023, losing $3mBusinesses in the UAE on average encountered losses of approximately AED11 million ($3.08 million) as 44% of businesses experienced cyberattacks, or data breaches last year, marking a 39% increase. This is according to Adyen, the global financial technology pl More… |
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Fortis secures $20m in Series A funding roundDubai-based Fortis, a retail tech and fintech solutions provider tailored for SMEs, has announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia). This funding marks a significant m More… |
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Walmart chooses Swisslog ASRS powered by SynQ softwareSwisslog has announced that Walmart will install a Swisslog automation solution within its Robinson, TX, facility to enable seamless material flow and increase uptime. Walmart is planning to break ground on the milk processing facility later this year with the facility scheduled to open in 20 More… |
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Cegid to launch its Point of Delivery to serve Middle East marketCegid, a European leader in cloud management solutions for professionals in the Finance, Human Resources, Accountancy, Retail and Entrepreneurship sectors, is to launch a new Point of Delivery (PoD) in Dubai. Cegid is strategically extending its global footpri More… |
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Spinneys to launch IPO; offers 25% of firm's shareSpinneys 1961 Holding, an operator of premium grocery retail supermarkets under the Spinneys, Waitrose and Al Fair brands has announced its intention to proceed with an initial public offering (IPO) and to list its ordinary shares for trading on the DFM in Dubai. More… |
