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Yango Goes Global With New Office In Dubai Internet City

An agreement was signed at GITEX Global 2023, welcoming the company to the Emirate’s leading tech hub.

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yango goes global with new office in dubai internet city

Yango, a tech startup dedicated to “enhancing local communities through global innovation”, has revealed plans to open a new office in Dubai’s Internet City tech hub as the company plans to take its operation global.

The strategic move represents a significant milestone for Yango, whose proprietary technologies currently power a last-mile delivery solution, ride-hailing services, and a platform helping retailers transition to an e-commerce framework.

Yango’s new office will serve as a central hub for the 20 countries served by the tech startup and pave the way for further innovation and knowledge exchanges while empowering local talent.

Speaking on behalf of Dubai Internet City, Ammar Al Malik, Executive Commercial Vice President of the TECOM Group, said: “By being based within thriving technology districts such as Dubai Internet City, mobility companies can foster collaboration with global peers, startups, and research institutions, as well as access a pool of globally experienced and skilled professionals and diversify into new markets”.

Adeniyi Adebayo, Chief Business Development Officer, Yango, commented: “Dubai’s progressive, innovation-friendly business environment, world-class infrastructure, and strategic location make it the perfect choice for Yango to embark on a global expansion and Dubai Internet City, renowned for its role in nurturing the technology and innovation sector for over two decades, emerged as the ideal location for Yango’s new global operational office”.

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Yango’s appearance at GITEX Global 2023 highlights the company’s commitment to bringing modern technologies into everyday lives worldwide. In addition to its current suite of solutions, the company is also developing an Arabic-speaking AI-powered assistant known as Yasmina that will act as an empathic companion. The new project is also being showcased at GITEX Global 2023, of which Dubai Internet City is an Innovation Partner.

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Lebanon Ministers Meet Visa Over National Digital Payment Platform

Finance and technology ministers say a comparative study and roadmap will follow before any decision on adopting a model.

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lebanon ministers meet visa over national digital payment platform

Lebanon’s finance and technology ministers met representatives from Visa last week to discuss a proposed unified national digital payment platform for government services, according to a readout from the Ministry of Finance.

The meeting brought together Finance Minister Yassin Jaber, Minister of State for Technology and Artificial Intelligence Kamal Shehadeh, a Visa delegation, and experts from both ministries. Discussion focused on whether Lebanon could establish a single platform through which citizens and institutions would pay taxes, fees, fines and other official transactions electronically, using mobile phones and other digital channels.

The Visa delegation presented examples from countries that have adopted unified government payment platforms, including the United Arab Emirates, Singapore, Estonia and Jordan. According to the readout, the examples were presented as having increased collection rates and expanded financial inclusion.

Talks covered settlement mechanisms, direct transfer to the treasury account, financial reconciliation, risk management, cybersecurity, fees, and an operational model that would involve the private sector. The parties agreed to continue technical and institutional consultations, prepare a comparative study, and develop an implementation roadmap before any decision on adopting a model for Lebanon.

Jaber said the Ministry of Finance had already enabled citizens to pay using credit cards and e-wallets through transfer companies, but described the proposed platform as a further step. He framed the development of electronic payment and collection systems as a priority within the ministry’s modernization plan.

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Shehadeh outlined the citizen-facing concept as a single mobile application through which users could settle obligations to ministries, government institutions and other bodies.

“The idea, in short, is that any citizen downloads an application on their mobile phone, through which they can pay all service obligations for all ministries, government institutions, or those owned by the Lebanese state, and others as well, as the platform is not limited only to state institutions,” he said.

Shehadeh added that the platform would not displace banks and money transfer companies that currently provide collection services to the state, calling it complementary to their work.

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