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Middle East

Uber Makes Middle East Move With Careem Buy

The $3.1 billion deal "is an important moment for Uber as we continue to expand the strength of our platform around the world," its CEO says.

Amazon Buys Souq in Middle East Expansion

The reported $650 million deal gives Amazon a foothold in a market where only around 2% of retail transactions currently take place online.

Firms Lack ‘Basic Building Blocks’ to Comply with Anti-Fraud Laws

As companies push into Europe, the Middle East, India, and Africa, executives are being pressured into higher risk behaviors, says E&Y.

Bank Lending in Emerging Markets Worsens

The deterioration reflects weaker economic performance in many developing economies, says the Institute of International Finance.

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