Global Islamic finance assets crossed US$5.98 trillion in 2024, growing 21% year-on-year, according to the ICD-LSEG Islamic Finance…

Saudi Venture Capital (SVC) has appointed Nora Alsarhan as its new Chief Executive Officer, effective from 1 July…

Zoom has launched a new data centre in Saudi Arabia to expand infrastructure capacity and support local data…

Riyad Bank has partnered with Mastercard to launch a travel and expense corporate card programme, marking the bank’s…

Arib has raised US$23.5 million in a funding round led by Merak Capital to expand its digital financing…

The United Arab Emirates (UAE) has established itself as a leading fintech hub in the Middle East, driven…

Saudi Arabia’s fintech industry continued to grow in 2025, reaching 301 operating players at the end of the…

Yuno has announced a partnership with Tabby to enable interest-free instalment payments at checkout for merchants in Saudi…

Temenos has announced that First Abu Dhabi Bank (FAB) is expanding its existing collaboration with the banking technology…

barq has launched global cross-border QR payments through a partnership with Alipay+, the unified wallet gateway operated by…

In Saudi Arabia and the United Arab Emirates (UAE), outdated legacy systems, and a lack of execution control…

King Street Capital Management (King Street), a global investment management firm, and the Public Investment Fund (PIF) have…

Cisco has appointed Bader Almadi as Vice President for its Saudi Arabia operations, based in Riyadh. He will…

The Saudi Central Bank (SAMA) has granted its first Major Payment Institution license for open banking services to…

The Saudi Central Bank (SAMA) has announced the launch of licensing for fintech companies to offer open banking…

Resilience in the financial services industry has transcended beyond the technological capability to restore services after a disruption,…

Saudi Arabia’s fintech industry has expanded rapidly over the past years, rising from less than 100 ventures in…

Muhlah Zamaniyah for Finance, operating under the brand Muhlah, a Saudi fintech-enabled consumer microfinance company licensed by the…

Saudi Arabia is undergoing a profound structural transformation aimed at diversifying its economy away from oil and positioning…

Infobip has opened a new data centre in Saudi Arabia, aiming to support the Kingdom’s expanding digital economy…