INSEAD Day 4 - 728x90

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Salik profit slips in H1

The company said traffic recovery supported resilience.

Tabby launches in Egypt

With Tabby’s “Split in 4” product, shoppers will be able to split their purchases into four interest-free payments at store checkouts. (TechCrunch)
  • Tabby works with multiple brands to offer flexible payments at checkout
  • It is currently ranked among the top 10 shopping apps in the Middle East with more than 2 million active shoppers

Cairo, Egypt— Looking to expand its market into the wider MENA region, Tabby has decided to launch in Egypt, enabling shoppers to pay over time without any interest or fees.

Tabby, the Middle East’s leading payments and shopping app, works with multiple brands to offer flexible payments at checkout.

It is currently ranked among the top 10 shopping apps in the Middle East with more than 2 million active shoppers.

Ahmed Khalil, Tabby Egypt’s GM, said: “We’re excited to provide Egyptians with flexible and honest payment experiences with no interest and no fees. We’re also delighted to be a growth partner for our retail partners by helping them tap into millions of active shoppers.”

He further said: “After securing $275 million in funding from leading global and regional investors, we’re looking forward to becoming Egypt’s preferred BNPL services provider.”

With Tabby’s “Split in 4” product, shoppers will be able to split their purchases into four interest-free payments at store checkouts, both online and offline.