Riyadh, Saudi Arabia: Mastercard has launched its Cyber Resilience Center, an initiative that brings together key players from the financial sector to foster collaboration and support shared goals in building a secure commerce and payment ecosystem in the Kingdom. This is Mastercard’s first initiative in Middle East, extending the company’s global network of cyber resilience centers […]
UPESI Money Transfer, one of Africa’s leading remittance service providers, has announced the appointment of Mr. Fareed Jillani as Head of Marketing for the Middle East and Europe. This strategic move comes as the company intensifies its efforts to expand its footprint across key international markets. Fareed Jillani is also the CEO of UAE-based Lejion Media, a prominent […]
Ziadah, a Saudi-based e-commerce SaaS startup, has successfully closed its seed funding round from an undisclosed angel investor. The investment marks a significant step in the company’s mission to provide smart conversion and sales optimisation tools for online retailers. Founded in 2024 by entrepreneurs Ali Aldahnin and Mahmoud Omar, Ziadah enables online merchants to increase […]
SARsatX, a Saudi-based space technology startup specialising in Synthetic Aperture Radar (SAR), has announced the successful closure of a $2.6 million seed funding round. The investment marks a key milestone for the Kingdom’s emerging NewSpace sector and reinforces its growing presence in the global space economy. The round was led by TONOMUS, a digital subsidiary […]
Riyadh, Kingdom of Saudi Arabia – May 19, 2025 – The Saudi Industrial Investment Fund Company, in partnership with Lendo, one of the Kingdom’s leading Shariah-compliant debt crowdfunding platforms, has launched an innovative investment program worth up to SAR 200 million. The initiative aims to provide fast, sustainable, and controlled working capital financing for small […]
Graphiant, a leading US-based Network-as-a-Service (NaaS) provider, announces closing its $19 million extension round co-led by Wa’ed Ventures, the $500 million VC fund wholly owned by Aramco, and Tali Ventures, the corporate venture capital arm of stc Group. This strategic investment is an extension of Graphiant’s $102 million Series B round, which included participation from […]
Oman: In a key step for Oman’s growing fintech landscape, AmwalPay has officially announced its integration with Shopify, becoming the first Omani payment gateway licensed by the Central Bank of Oman to be directly available for Shopify merchants. Through this integration, merchants in Oman can now activate AmwalPay as a payment provider on their Shopify stores — […]
The publicly listed Bahrain Bourse Company has partnered with 10X Capital to adopt a Bitcoin Treasury strategy similar to MicroStrategy and Metaplanet, with the aim of providing Sharia’a compliant exposure to Bitcoin for the Islamic world. Al Abraaj made a historic initial purchase of Bitcoin for its corporate treasury, becoming the first publicly listed company […]
Regulated Crypto Services: Licensed by the Central Bank of Bahrain (CBB), BitOasis provides secure, compliant, and reliable crypto trading services for retail, corporate, and institutional users across the GCC. Seamless Trading Experience: With an intuitive interface for beginners and advanced features for experienced traders, BitOasis offers a versatile platform to meet the needs of every type of […]
Riyadh, Saudi Arabia — Salica Investments’ Oryx Fund has announced a strategic investment in Amwal Tech, a rapidly growing Saudi fintech startup transforming the digital payments landscape through cutting-edge instalment and authentication solutions tailored for e-commerce. Amwal Tech enables seamless bank instalment payments via pre-approved credit limits, empowering customers to make smarter and more flexible […]