Geidea joins Mena Fintech Association
0
As a leading payment solutions provider in the Middle East, Geidea brings deep expertise and market leadership to MFTA's growing network of stakeholders driving transformation in payments, compliance, and financial inclusion. This collaboration underscores a shared commitment to enabling open innovation, fostering responsible finance, and scaling impact across the broader MENA region.
"Geidea's vision aligns strongly with our mission to create a unified, future-ready fintech ecosystem," said Nameer Khan, Chairman of MENA Fintech Association. "Their regional presence and commitment to empowering SMEs and financial institutions with seamless payment infrastructure is vital to accelerating our collective agenda."
With Geidea's participation, MFTA will further deepen its efforts across core pillars including open finance, regulation, digital assets, and embedded payments—supporting policy engagement, industry research, and regional knowledge exchange.
Together, we continue to shape the future of fintech in MENA.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Independent
4 hours ago
- The Independent
Emirates passengers face power bank use ban over fears of fire and explosions
Passengers on flights with Emirates will soon be banned from using phone power banks due to concerns over fires, explosions and toxic gases. The airline announced this week that the new safety measures will be implemented from 1 October following a safety review - becoming the latest to raise concerns over the popular portable charger devices. Power banks are rechargeable and can then charge other electronic devices, such as mobile phones, tablets, laptops and cameras, when people are out. Emirates customers will still be allowed to carry one power bank onboard, as long as it has capacity rating information available and is only stored in the seat pocket or a bag under the seat in front, not in the overhead storage. There is already a ban in place preventing them from being stored in checked luggage. However, the airline warned that the device will not be allowed to be used in aircraft cabins for fear of 'dangerous consequences like fire, explosions, and the release of toxic gases'. It said in a statement: 'There has been a significant growth in customers using power banks in recent years, resulting in an increasing number of lithium battery -related incidents onboard flights across the wider aviation industry. 'New regulations will significantly reduce risks associated with power banks by prohibiting their use while onboard the aircraft. Storing power banks in accessible locations within the cabin ensures that in the rare event of a fire, trained cabin crew can quickly respond and extinguish the fire.' It is the lithium-ion batteries used in power banks that have raised major concerns among airlines and aviation safety regulators due to the risks of overheating in cases of overcharging or damage. The move may trigger other carriers to introduce their own restrictions on power bank usage. Multiple Asian airlines have already done so, including carriers in China, Taiwan, Thailand, South Korea and Singapore, such as Singapore Airlines, Cathay Pacific and Thai Airways. From 1 March, South Korea implemented stricter rules across operators following a fire on an Air Busan plane on 28 January. Meanwhile, in the US, Southwest Airlines passengers must now use their portable chargers and batteries in plain sight. The airline brought in the rule from 28 May citing safety concerns after multiple overheating incidents. Last year, three incidents a fortnight of overheating lithium batteries on planes were recorded globally by the US Federal Aviation Administration, compared to just under one a week in 2018. The UK Civil Aviation Authority (CAA) advises that 'spare batteries for portable electronic devices containing lithium-ion batteries exceeding a Watt-hour rating of 100 Wh but not exceeding 160 Wh' are permitted in carry-on luggage for personal use. It adds: 'No more than two individually protected spare batteries per person may be carried.' Each lithium-ion cell or battery must also be 'individually protected so as to prevent short circuits'. Any spare batteries are not permitted to fly in checked baggage, warns the CAA. Glenn Bradley, head of flight operations at the CAA, said: 'Lithium batteries power everything from vapes and mobile phones to cameras and power banks. If they become faulty or damaged, they can cause an intense fire that is difficult to extinguish – both in the cabin or hold of an aircraft. 'Correct handling reduces risk. Lithium batteries should be carried in your carry-on baggage. Power banks and spare batteries should also be in a cabin bag and should be completely turned off and not in standby mode.' Foreign Office travel advice recommends checking 'the restrictions on certain types of batteries with your airline if you're not sure what you can carry'.
Daily Mail
6 hours ago
- Daily Mail
Raylo Business lets small businesses lease top tech for as little as £2.16 per MONTH - and no, there's no catch!
Every small business needs tech – whether it's work phones, laptops, monitors or headphones – in the digital world, it can make or break a business. Unfortunately, for business owners, this comes at a steep price, and consequently, many small business owners now choose to lease their devices instead of buying them outright. And with this company, you can lease your small and medium business tech from just £2.16 per month – making it a cost-effective (and simple) way for businesses to source their tech. So, what exactly does Raylo Business offer? Raylo Business offers both brand-new and refurbished tech at a great price, helping small business owners watch their bottom line. Offering no upfront costs, free next-day delivery, as well as flexible monthly rolling contracts or set contracts of 12, 24, or 36 months, Raylo Business offers the complete package. Essentially, when your lease is over, you can upgrade, renew, or return the device, giving you the power to run your business how you like, hassle-free. So, whether you're a small café owner looking to buy an iPad to take orders and payments, hiring a graphic designer, or simply need your employee to make sales calls, Raylo Business has everything you could need. The best part? It only takes 60 seconds to sign up. Thanks to Raylo Business's circular model, your business will become more sustainable, as they refurbish, reuse, and recycle – all while you enjoy free upgrades (and thus, keep your employees happy!), and don't have to dispose of old tech yourself. Buying all the tech you need to run a successful business is both costly and inefficient, as new products are constantly being released. When you own your tech, you're left without an option to upgrade without buying a completely new model. Leasing your business's devices with Raylo Business is quicker, more cost-effective, more sustainable, and allows you to upgrade or cancel whenever – what's not to love? Raylo Business hero products Samsung Galaxy Fold 7 For those who prefer more flexibility with their devices, the Samsung Galax Fold 7 is the perfect choice. With the capability to run multiple apps simultaneously and fold out to a large 8-inch device, this is ideal for multitasking and those who need the power of a tablet right in their pocket. From £37.16 per month Shop Apple MacBook Air 13-inch (2025) Offering excellent performance in such a compact package, what's not to love about the MacBook Air? With the new M4 chip and up to 18 hours of battery life, this laptop will ensure that your employees will stay productive all day whether they're working from the office or working remotely. From £36.24 per month Shop iPad 11-inch (2025) Perhaps the most versatile piece of work tech, an iPad is a no-brainer for every small business owner. From taking orders and payments to joining Zoom calls on the go, an iPad can do it all. Even better, this model supports the Apple Pencil and the Magic Keyboard, making it perfect for taking notes, quick edits, and more. From £7.49 per month Shop HP OmniBook Ultra 14-inch (2024) This lightweight laptop packs a punch in terms of performance – with up to 22.25 hours of battery life, it is the ideal laptop for employees who are constantly on the go. And with facial recognition, a 14-inch 2.2 K IPS touchscreen, and HP Audio Boost technology, remote meetings will never be the same again. From £35.41 per month Shop Apple AirPods 4 with Active Noise Cancellation For some, a pair of good headphones is an office essential. Whether it's for smoother audio in meetings, calls with clients, or even to enjoy some music while working, these are your best bet. This latest model has upgraded noise cancellation and can seamlessly switch between your phone and music, so you can listen uninterrupted. From £4.66 per month Shop iPhone 16 With a 6.1-inch Super Retina XDR OLED display and powered by the A18 chip, this iPhone is the perfect choice for employees who are constantly on the phone. And with fast charging capability, this phone is ideal for those who need to be on the move at a moment's notice. From £15.79 per month Shop
Reuters
8 hours ago
- Reuters
Saudi slips on weaker corporate earnings; Egypt hits new record high
Aug 10 (Reuters) - Saudi Arabia's stock market slipped on Sunday as some lacklustre corporate results came in, while Egypt's benchmark share index advanced for a seventh day to hit a fresh record high amid economic optimism and falling inflation. Saudi Arabia's benchmark index (.TASI), opens new tab was down for a second straight session, falling 0.3% as most of its constituents posted losses. Arabian Contracting Services ( opens new tab slumped 10% after the advertising firm posted a second-quarter net loss, compared with a profit last year, and BinDawood Holding ( opens new tab declined 1.2% as the major retailer reported a 32.7% decrease in net profit for the second quarter. Among other fallers, Jahez ( opens new tab dropped 10% after the IT services provider posted a 21.9% fall in second quarter net profit. The Qatari benchmark index (.QSI), opens new tab was little changed after it hit a more than 2-1/2-year high in the previous session. Losses in the real estate, industry and materials sectors offset gains in energy, communication and finance. Industries Qatar ( opens new tab fell 1.9% and Mesaieed Petrochemical ( opens new tab shed 1.2%, while Qatar Islamic Bank( opens new tab and Estithmar ( opens new tab advanced 0.7% and 7.9% respectively. Outside the Gulf, Egypt's blue-chip index (.EGX30), opens new tab extended its rally to a seventh session, rising 0.8% to a new all-time high at 36,110 with most stocks climbing. Orascom Development ( opens new tab jumped 5.4% and Sidi Kerir Petrochemicals( opens new tab, ( opens new tab advanced 2.2%. Meanwhile, Egypt's annual urban consumer price inflation dropped to 13.9% in July from 14.9% in June, data from statistics agency CAPMAS showed on Sunday.
