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MENA Among World’s Fastest-Growing Digital Economies

The region is leading fintech adoption worldwide, with eCommerce, AI tools, and real-time payments reshaping the wider digital economy.

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mena among world's fastest-growing digital economies checkout finds

The Middle East and North Africa have emerged as one of the world’s most forward-moving digital economies, according to Checkout.com’s fifth annual State of Digital Commerce in MENA 2025 report. The study highlights how bold moves by central banks, regulators, and fintech innovators — combined with a digitally native population — are accelerating the region’s shift to a tech-driven economy.

Over the past five years, daily online transactions across MENA have surged by 139%, while Checkout.com’s own processing volumes have climbed 626%, including a 78% year-on-year increase. Food delivery now dominates as the leading eCommerce category, capturing 47% of online spending, followed by clothing and fashion (38%) and a tie between electronics and beauty products (34%).

frequency of online shopping in mena 2025

MENA consumers are also reshaping financial habits. In the UAE alone, the use of Account Funding Transactions (AFTs) — which enable real-time digital payouts — has grown 388% in the past year. This shift is extending digital commerce well beyond shopping into areas like salary payments, gig economy wages, and peer-to-peer transfers. Meanwhile, the once-dominant cash-on-delivery model has dropped by 60% since 2020.

Fintech and AI continue to be key pillars of the region’s evolution. A reported 62% of users now engage with fintech platforms for investments and wealth management, while 43% send money weekly via digital wallets or apps. AI-driven shopping is already widely adopted, with 45% of consumers having used generative chatbots and 53% using visual search tools to support online purchases.

Also Read: A Guide To Digital Payment Methods In The Middle East

However, this increased digital maturity comes with new risks: Reports of online fraud have increased sharply — from 33% in 2023 to 49% in 2024 — driven in part by scams involving AI and deepfakes. Checkout.com highlights the growing need for intelligent fraud prevention, pointing to tools such as machine learning, behavioral biometrics, and anomaly detection as critical to maintaining security without compromising performance.

“In this increasingly competitive landscape, payment performance has become a critical differentiator,” said Remo Giovanni Abbondandolo, General Manager, MENA at Checkout.com. “Fast, secure, and intelligent payments are foundational to commercial success — not just at the point of transaction, but across the entire customer experience”.

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Syria Just Got Its First Super App Featuring Built-In Digital Payments

Built by UAE-based Syrian founders with the Ministry of Tourism’s backing, My Syria lands as visitor numbers more than double.

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syria just got its first super app featuring built-in digital payments

For most of the past decade, paying for anything in Syria with an international card was effectively impossible. Sanctions, a collapsed banking sector, and years of isolation left the country running on cash. That is what makes the launch of My Syria — the country’s first super app — more than a routine product announcement.

Developed by 121 Living, a company founded by four UAE-based Syrian entrepreneurs — Rami Kaiem, Feras Kaiem, Waseem Qudmani, and Kinan Madi — the app launched in Damascus on July 30 under the patronage of Minister of Tourism Mazen Al-Salhani. It bundles hotels, restaurants, transport, attractions, food delivery, and other lifestyle services into a single platform, currently offering eight services with plans to expand to more than 40 verified tourism and hospitality providers across the country.

Although the app already sounds enticing, the headline feature is its built-in payments. My Syria is the first platform in Syria to support cross-border digital payments through Apple Pay, Google Pay, Visa, Mastercard, and American Express — familiar tools for international visitors, and a route into the digital economy for local businesses that have long operated outside it.

my syria super app launch event

The launch rides on a sharp rebound for the troubled country. Syria’s tourism sector recorded 3.52 million visitor arrivals in the first half of 2026, a 111 percent increase over the 1.67 million during the same period in 2025 — a mix of returning expatriates, regional visitors, and international tourists.

Also Read: This UAE Platform Wants To Replace Fashion Photo Shoots With AI

The Ministry of Tourism, which supported and supervised the app’s development, frames the launch as proof of concept for a wider strategy. “Digital transformation is one of the Ministry’s strategic priorities because it enables us to build a more competitive, connected and investment-ready tourism sector,” Al-Salhani said, inviting technology companies “globally, regionally and locally” to explore opportunities across the wider economy.

For 121 Living, this is phase one, with additional services and expanded geographic coverage planned. Whether a super app can flourish in a market still rebuilding its infrastructure is an open question, but for the first time in years, a visitor to Damascus can pay for dinner with their phone.

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