Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). “Mamo’s mission is to empower people to manage and grow their money through simpler, faster and friendlier finance,” Mamo wrote on LinkedIn last week. In other SME news, PYMNTS wrote recently about the potential for embedded lending opportunities for micro and small businesses (MSBs) in the U.S. Recent research by PYMNTS Intelligence and Visa shows modest interest among U.S. lenders in expanding their embedded lending offerings.

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Mali's northern Tuareg rebels said they had killed and injured dozens of soldiers and Wagner mercenaries in two days of fighting near the Algerian border, after the army said it had lost two soldiers but killed some 20 rebels. The Malian army said in statements that two soldiers had been killed and 10 injured. Several Russian military bloggers reported on Sunday that at least 20 from the Wagner group were killed in an ambush near the Algerian border. The Baza Telegram news channel, which has links to Russia's security structures, reported that at least 20 Wagner fighters have been killed. It has said Russian forces there are not Wagner mercenaries but trainers helping local troops with equipment bought from Russia.

Tanks pushed deeper into the three towns of Al-Karara, Al-Zanna, and Bani Suhaila, in the east of Khan Younis in southern Gaza, and medics said at least nine Palestinians were killed earlier on Sunday by Israeli military strikes in those areas. Residents said fierce fighting could be heard in eastern areas of Khan Younis where the army was operating. The new incursions caused thousands more families to leave their homes and head to overcrowded areas in Al-Mawasi to the west, and north to Deir Al-Balah.

The odds of an all-out war between North and South Korea are very low, but they aren’t zero. The capital and surrounding areas account for 81% of South Korea’s chip production and 34% of its total manufacturing output. South Korea produces 4% of all electronic components used in factories worldwide, and around 40% of all memory chips. Putin’s pact with North Korea, along with Kim’s recent threats to “annihilate” his southern neighbor, have laid bare the risks facing South Korea. Southeast Asia, Japan and Taiwan — dependent on South Korea’s chips and vulnerable to maritime disruptions — take the biggest hit.

VIENTIANE/TOKYO -- North Korea's lack of high-level representation at yet another ASEAN-hosted conference suggests that Pyongyang is avoiding multilateral venues as it pursues closer relations with President Vladimir Putin's Russia. For a sixth straight year, Pyongyang did not send its foreign minister to the ASEAN Regional Forum, one of the few international ministerial conferences that North Korea participates in.

The civil war broke out in 1992 after the army cancelled Algeria's first democratic elections when the winning Islamic Salvation Front vowed to establish an Islamic state. The war left some 200,000 people dead, according to official figures.

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Our Middle East Beauty Market Report is a deepening of the research arm of BeautyMatter, demonstrating our commitment to data, intelligence, and storytelling. Commissioned by Messe Frankfurt Middle East, organizers of Beautyworld, we explore the intersection of history, culture, and economic dynamics to unpack why the Middle East is a hotbed for growth in the global beauty and wellness ecosystem. As distribution paradigms around the world shift to embrace omnichannel strategies that serve consumers who are not constrained by borders, the Middle East is emerging as a hotspot for beauty brands to expand their footprints. With its rich history and rapidly evolving society, the Middle Eastern beauty market is one of the most lucrative beauty and wellness markets in the world, according to Euromonitor International, which values the beauty and personal care market in the broader Middle East and North Africa (MENA) region at over $46 billion and estimates it will reach around $60 billion by 2025. The Middle East is a flexible geographic term that shifts depending on the user and the era.

Cape Town City striker Khanyisa Mayo is in high demand and is reportedly engaging in ongoing talks with a North African club. Article continues below Article continues below Article continues below Mayo attracts interest away from CT CityReportedly in talks with a club in North AfricaHis agent speaks out on the situation Click here to get Mzansi's best soccer coverage delivered to you via WhatsApp. Article continues below

Irregular migration over the last decade has remained as one of the most formidable challenges confronting even the most advanced and powerful nations globally. Analysts within North African countries are beginning to view the migration issue from this perspective. As a result of this evolving international scenario it is generally agreed that partial approaches to the migration issue are no longer viable solutions. The necessity of such an initiative becomes evident when examining the statistics and trends related to irregular migration. For African countries, especially those in sub-Saharan Africa, the loss of youth and skilled individuals is also hampering development.

Clear air turbulence, the invisible peril haunting the skies, is expected to intensify with climate change, scientists warn. Researchers have determined that from 1980 to 2021, the frequency of clear air turbulence increased in the Northern Hemisphere. This might be a bolt from the blue for many, as clear air turbulence is generally unexpected and, unlike other turbulence types, difficult to detect and avoid. Danger of clear air turbulenceThe dangers associated with turbulence might be well-known to those who frequently fly, but clear air turbulence, being invisible and unpredictable, poses a unique threat. “We now have high confidence that climate change is increasing clear air turbulence in some regions,” noted Foudad.

DALLAS — Scientists at the University of Toulouse have predicted an increase in clear-air turbulence in the Northern Hemisphere as the climate changes. Climate experts utilized 11 climate models and 20 computer simulations to anticipate changes in clear-air turbulence under various scenarios of temperature rises ranging from 1 to 4 degrees Celsius. BoeingWhat Is Clear-Air Turbulence? Clear-air turbulence is commonly found near jet streams at altitudes of 10-12 kilometers, where commercial planes travel. Climate change is already affecting clear-air turbulence.

Fighting on a scale not seen in months broke out on Thursday between the army and separatists in Tinzaouaten, near the border with Algeria, after the army announced it had taken control of In-Afarak, a commercial crossroads in Kidal.

Israel hits Hezbollah targets after football pitch strike kills 12 young peopleGolan Heights strike: 'There was a siren, but no-one had time to react'Israel says it has hit Hezbollah targets in Lebanon after 12 children and young adults were killed in a rocket strike while playing football in the Israeli-occupied Golan Heights. Saturday's bloodshed at the town's football pitch was the deadliest loss of life in and around Israel's northern border since October. Verified video shows crowds of people on a football pitch and stretchers being rushed to ambulances. Majdal Shams is one of four towns in the Golan Heights, where about 25,000 members of the Arabic-speaking Druze religious and ethnic group live. EPA Stretchers were rushed to ambulances shortly after the strikeReuters The rocket impact damaged the area around a football pitch in Majdal Shams