Saudi Arabia

Mastercard and mada Partner to Enable Online Payment Transactions in Saudi Arabia

mada, Saudi Arabia’s domestic payment network, and Mastercard announced the launch of a joint partnership initiative to enable online payments using Mastercard’s Payment Gateway Services technology. Furthermore, all local online merchants will be enabled to accept mada cards as a

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Ripple and Saudi Arabian Monetary Authority (SAMA) Offer Pilot Program for Saudi Banks

The Saudi Arabian Monetary Authority (SAMA) — the central bank for the Kingdom of Saudi Arabia (KSA) — has signed an agreement with Ripple to help banks in the KSA improve their payments infrastructure using xCurrent. This ground-breaking pilot program is the first

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ICT Experts To Explore Saudi Arabia’s Digital Transformation Landscape

International Data Corporation’s annual IT Forum roadshow continues to grow from strength to strength, with the global technology events, research, and consulting firm preparing to host two editions in Saudi Arabia next month. Running under the theme ‘Innovate, Disrupt, and

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Saudi Arabia and Japan’s SoftBank Launch World’s Largest Tech Fund

An investment group that includes Japan’s SoftBank and Saudi Arabia’s main sovereign wealth fund, has announced a major close with over US$93 billion of committed capital for the tech-focused SoftBank Vision Fund. The fund, which is targeting a total of US$100 billion

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