Deutsche Bank announced that it has been granted a Regional Headquarters (RHQ) license by the Ministry of Investment of Saudi Arabia (MISA), marking a further milestone in the Bank’s long-standing commitment to the Kingdom and the wider Middle East region. The regional headquarters will be based in Riyadh and will serve as a central platform for […]
Dhahran, Saudi Arabia, Uvera, a deep-tech Saudi startup that is developing shelf-life extension and supply chain intelligence solutions for the fresh food industry, today announced the successful close of its seed funding round. The round included participation from Morgan Stanley Inclusive & Sustainable Ventures; LAB7, the venture-building arm of Aramco; Core Vision; and a group of […]
AlGhamdi to lead Microsoft Arabia as the company prepares for the launch of its Saudi Arabia cloud region and continues to support the Kingdom’s AI and digital ambitions . Microsoft appoints Ayman AlGhamdi as President, Microsoft Arabia, effective July 5, 2026. AlGhamdi brings 14 years of experience at Microsoft, most recently serving as Vice President, Public Sector in Saudi Arabia, where […]
TotalPay has officially received approval from the Saudi Central Bank (SAMA) to operate as an Ecommerce Payment Technical Service Provider (PTSP) in the Kingdom of Saudi Arabia, marking a significant milestone in the company’s regional expansion. The approval reinforces TotalPay’s commitment to delivering secure, reliable, and innovative payment technology solutions to businesses across the Kingdom. […]
Riyadh, Saudi Arabia — 29 June 2026: Tabby, the financial services app, today announced it has received a consumer finance licence and SME finance licence from the Saudi Central Bank (SAMA). The licences let Tabby offer customers in Saudi Arabia longer plans on larger purchases, alongside the 4 interest-free monthly payments they already use, and provide […]
State Street Saudi Arabia Financial Solutions, has upgraded its license to a Managing Investment and Operating Funds (MIOF) license from the Capital Market Authority in Saudi Arabia, enabling the firm to offer local fund administration services in the Kingdom. The expanded license enables institutional investors, asset managers, and asset owners to establish, operate, and service […]
QNB Oman and AmwalPay have announced the signing of a strategic partnership agreement aimed at enhancing digital payment acceptance services and supporting businesses and merchants across the Sultanate of Oman through advanced payment solutions and modern acquiring capabilities. The agreement was signed by Khalid Mohammed Al Barwani, Chief Executive Officer (CEO) of QNB Oman, and […]
The collaboration will support stablecoin-powered payments, treasury, and digital asset solutions for businesses and financial institutions across the Middle East and beyond Manama, Kingdom of Bahrain – June 2026 – INFINIOS, a leading fintech innovator headquartered in the Kingdom of Bahrain, and Circle Internet Financial, LLC, a subsidiary of one of the world’s leading financial […]
Riyadh, Kingdom of Saudi Arabia — Franklin Templeton, a leading global asset manager, today announced its presence at King Abdullah Financial District (KAFD), underscoring its long-term commitment to Saudi Arabia. The move positions Franklin Templeton within Riyadh’s premier mixed-use business and lifestyle destination, supporting its continued growth and client engagement across the market. The world’s largest LEED […]
Riyadh, Saudi Arabia – June 22, 2026 – Foodics, the leading restaurant operations and financial management platform in the MENA region, announced the completion of its full acquisition of Norma AI, a Greece-based artificial intelligence company built for the hospitality and restaurant industry. The Norma team has joined Foodics’ AI division, and Norma’s Analytics Agent […]