MENA e-commerce set to rise to a USD 28.5 Billion market size by 2022 ZoodMall, the fastest growing B2C cross-border e-commerce marketplace app, operating in Central Asia and the Middle East, announced a new strategic partnership in Jordan with MENA region’s leading payment gateway, HyperPay, to offer customers a convenient and secure online payment experience at checkout when completing a purchase on the ZoodMall Application. Recent studies confirm that the e-commerce sector in the Middle East and North Africa region is on the verge of distinct levels of continuous growth during the coming period, coinciding with the increasing demand among … Continue reading ZoodMall Jordan Announces Strategic Partnership with HyperPay

SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the region, announced today its financial results for the first six months of the year 2020 (H1-2020) realizing a net profit attributable to shareholders of AED 5 million and an EBITDA of AED 125 million. Excluding unrealized mark-to-market losses on portfolio investments, H1-2020 net profit came in at AED 164 million and EBITDA at AED 284 million. SHUAA’s first half financial results for 2020 affirmed the company’s ability to sustain its resilient revenue growth amidst severe global economic, financial and social impacts of the COVID-19 crisis … Continue reading SHUAA Capital records AED 267 million net profit for Q2 2020 and achieves higher profitability during the first half of 2020 compared with first half of 2019