News

Tumodo & Tabby Drive Innovation In The UAE’s Travel Market

The collaboration signifies a significant step forward in digitizing MENA business travel, including the use of AI technologies.

Published

2 years ago

June 4, 2024

Nour Nasir

tumodo and tabby drive innovation in the uae's travel market

UAE business travel platform Tumodo is set to integrate its services with Tabby, a leading MENA shopping and financial services app, in a move that will further the digital transformation of the region’s travel market.

Tabby already helps millions of people in the MENA region stay in control of their finances. Now, with the integration of Tumodo’s platform, business travelers will gain improved control over their travel expenses, along with greater transparency and accountability.

“The collaboration with Tabby signifies a major step forward in our mission to digitize business travel in the UAE and GCC, including the use of AI technologies. Now, we can extend brands’ reach to a wider audience and lead to a sustainable future,” said Vladimir Kokorin, founder of Tumodo.

Tumodo’s MENA expansion also comes at a time where the company is doubling its efforts to promote sustainable travel. Tumodo is advising all customers and partners on how they can be more eco-friendly when it comes to travel, and how to minimize the ecological impact of business trips.

Also Read: Oracle Is Planning To Build Two New Cloud Regions In Morocco

By 2022, spending in the global business travel market had risen to $1.03 trillion. However, that figure is expected to surpass the pre-pandemic figure of $1.4 trillion sometime this year. Despite many companies continuing to prefer online meetings, the business travel market continues to grow rapidly and is expected to reach $1.8 trillion by 2027.

The integration of Tumodo’s travel platform into Tabby’s service will surely enhance business efficiency and reinforce both companies’ commitments to sustainability. Meanwhile, the UAE will also benefit as it continues to grow into a leading business hub focused on sustainable practices.

News

NEOPAY Wants To Follow Merchants Across Channels And Borders

A controlling 65% stake in noon payments would give NEOPAY access to marketplace sellers, online merchants and the payment flows they generate.

Published

1 day ago

October 5, 2026

Nour Nasir

neopay wants to follow merchants across channels and borders

It’s been a long time since checkouts were single defined places. A merchant might take payments at a physical register, on its own website and through an online marketplace, sometimes in more than one country. NEOPAY wants to follow those transactions wherever they happen.

The UAE payments company has entered into an agreement to acquire a 65% controlling stake in noon payments. NEOPAY already runs the acquiring infrastructure that lets merchants accept card payments, along with omnichannel acceptance and a merchant services platform. This new deal would add noon payments’ embedded payments platform, e-commerce gateway and merchant network across the UAE, Saudi Arabia and Egypt. That would considerably expand both NEOPAY’s digital commerce capabilities and its regional reach.

For merchants, the attraction is a single provider for online and in-store payments, plus faster settlements, data and analytics, and value-added financial services.

“Payments should be simple, reliable, and built for the markets they serve,” said Faraz Khalid, CEO of noon. His counterpart at NEOPAY, Vibhor Mundhada, added: “We have built a strong payments business in the UAE, and our ambition is now to take that capability across the region”. The acquisition, Mundhada added, would “expand our footprint into Saudi Arabia and Egypt” while reinforcing NEOPAY’s position at home.

Also Read: In Kuwait, Your Surgeon Might Be Operating From Another Country

NEOPAY is also keen to point out potential payment volume increases. The company says noon payments’ integrations with marketplace sellers and online merchants create high transaction density in some of the region’s fastest-growing digital commerce segments. It also believes control of the business would give it access to those merchant relationships and payment flows, and speed up the rollout of alternative payment methods and installment options.

The combined roadmap targets faster merchant onboarding, better payment performance, tighter fraud controls and embedded financial services. The deal could also strengthen cross-border payments and settlement along key regional commerce corridors.