Infographic: Electronic Spending in MENA on the Up and Up

By Kareem Chehayeb | Nov 13, 2014

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Electronic spending is what its all about in the MENA. More and more markets are beginning to show signs of huge increases in electronic spending. Visa took a look at this, focusing on Egypt, Lebanon, Jordan, Bahrain, Kuwait, Oman and some larger markets: the UAE, KSA, and Qatar. They compared Visa card usage in the holy month of Ramadan and the Eid holiday of 2013 with 2014, and the results show some promising growth. The infographic below shows the details of the results they found, and it’s worth a look.

Electronic spending is what its all about in the MENA. More and more markets are beginning to show signs of huge increases in electronic spending. Visa took a look at this, focusing on Egypt, Lebanon, Jordan, Bahrain, Kuwait, Oman and some larger markets: the UAE, KSA, and Qatar. They compared Visa card usage in the holy month of Ramadan and the Eid holiday of 2013 with 2014, and the results show some promising growth. The infographic below shows the details of the results they found, and it’s worth a look.

Kareem Chehayeb

Former Columnist & Online Liaison, Entrepreneur Middle East

Related Content

Technology

Arabic.AI Collaborates with Stanford University’s Center for Research on Foundation Models to Advance Arabic AI Benchmarking

Arabic.AI, the regional leader in Arabic artificial intelligence and enterprise technology solutions, today announced a collaboration with Stanford University’s Center for Research on Foundation Models (CRFM) to establish the first holistic benchmark for evaluating Arabic large language models (LLMs). The project represents a significant milestone in global AI research and ensures that Arabic receives the […]
Technology

NLPearl’s Vision for Scalable, Human-Centered AI Voice Infrastructure

A growing share of organizations adopting artificial intelligence in their customer service have reported an increase in customer satisfaction percentage, yet tech entrepreneur David Sztern, CEO of NLPearl, believes that few technologies have succeeded in making those interactions feel natural. NLPearl was built to bridge that gap by blending technical innovation with a clear operational […]
Technology

From Master Planning to Autonomous Security Operations: How Mustafa Masri Is Expanding the Boundaries of Security Consultancy in the Gulf

The security industry in the Gulf is taking to the skies. No longer confined to walls and cameras, it now reaches into drones and autonomous systems. Mustafa Masri, founder of DSP Consultants, is shaping how UAVs are applied for medical delivery, agriculture, and security, transforming how developments monitor and manage their environments. Masri brings nearly […]
Technology

“Arabic.AI” to Deliver FREE Arabic Vibe Coding Education Across the Middle East

Arabic.AI today announced full courses that deliver Replit’s complete learning experience in Arabic, bringing the global development platform trusted by millions of builders worldwide to Arabic learners. The collaboration aims to expand access to modern software development education for engineers across the Middle East, ensuring Arabic-speaking talent can learn, build, and grow using world-class tools […]