📺 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

News and Trends

RAKBank Launches Its Inaugural SME Confidence Index Report In Collaboration With RFI Global

With SMEs contributing over 50% to the UAE's gross domestic product (GDP), the report also forecasts a strong economic outlook for the nation in 2024.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Marketing

How AI and Machine Learning Can Supercharge Your Link-Building Process and Boost Your SEO

Here's why you should incorporate AI and machine learning in your link-building strategies.

Franchise

Franchising Is Not For Everyone. Explore These Lucrative Alternatives to Expand Your Business.

Not every business can be franchised, nor should it. While franchising can be the right growth vehicle for someone with an established brand and proven concept that's ripe for growth, there are other options available for business owners.

Growing a Business

Hiring an Agency of Some Kind Is Inevitable as You Grow — These Are My Insider Recommendations For a Successful Agency Relationship.

For many entrepreneurs, hiring an agency — whether it's a PR agency, a branding agency or a sales training agency — is new ground. I've been in your shoes and I've worked on both sides; these are my suggestions to find the right agency partnership.

Side Hustle

3 Secrets to Starting a Small Business Side Hustle That Gives Your Day Job a Run for Its Money, According to People Who Did Just That — and Made Millions

Almost anyone can start a side hustle — but only those ready to level up can use it to out-earn their 9-5s.