📺 Stream EntrepreneurTV for Free 📺

Infographic: Electronic Spending in MENA on the Up and Up Statistics on MENA's electronic spending habits.

By Kareem Chehayeb

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Electronic spending is what its all about in the MENA. More and more markets are beginning to show signs of huge increases in electronic spending. Visa took a look at this, focusing on Egypt, Lebanon, Jordan, Bahrain, Kuwait, Oman and some larger markets: the UAE, KSA, and Qatar. They compared Visa card usage in the holy month of Ramadan and the Eid holiday of 2013 with 2014, and the results show some promising growth. The infographic below shows the details of the results they found, and it's worth a look.

Kareem Chehayeb

Former Columnist & Online Liaison, Entrepreneur Middle East

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Entrepreneurs

"We Got Funded!" UAE-Based Keyper Raises US$4 Million In A Pre-Series A Round, And An Additional $30 Million In Sukuk Financing

With this influx of funds, Keyper is set to further digitize the UAE's rental ecosystem, while also allocating some amount towards innovating its rent-now-pay-later solution.

Living

9 Tips for Finding Your Life Purpose

I have spent most of my professional career asking the question: What does life purpose mean and how does one find and fulfill it?

Growth Strategies

Trust The Process: Claudio Leenders, Founder, Leen's

Leenders is someone who has seen his life play out in Central America, South America, Europe, Australia, and now the Middle East, and as such, he has a plethora of stories, insights, and experiences to share.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Finance

The Human Factor: What Angel Investor Ahmad Shehada Looks For In His Investments

As someone who rarely invests in startups that "have been shopped around," Shehada prefers playing the waiting game on his potential investees, but once having invested, he plays an active role in the startup's growth.