Venture Capital firm Middle East Venture Partners (MEVP), has announced three new investments in Lebanese-based companies: Pin-Pay SAL, iLevel SAL, and Multilane SAL. MEVP says the The funding will assist the companies in pursuing regional growth and extending their product offerings. The companies MEVP’s investmented are as follows:
Pin-P...
In August 2008, Juniper Research forecasted that Service Provider revenues, derived from mobile money transfer services and remittances, will exceed $5bn globally by 2013. While the research firm Informa, predicts that by the same year, more than 424 million mobile users will be sending money to other mobile users in the same country via their mobi...
Operator-billed service revenues across the Africa & Middle East region are expected to rise to more than $107 billion in 2013, according to a new report from Juniper Research.
The report found that growth would be driven by mobile data services, fuelled by the greater availability and wider variety of rich-media content coupled with lower b...
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