Infinite Business Solutions (IBS), the Dubai-headquartered FinTech company founded by Jordanian entrepreneurs Ibrahim Darraz and Mohammad Al-Azzeh, continues to strengthen its position as one of the region’s leading digital transformation enablers, powering millions of secure transactions every month across more than 10 countries throughout the Middle East and Africa. With Saudi Arabia representing its largest […]
Riyadh, Saudi Arabia: Point-of-sale (POS) spending in Saudi Arabia surged approximately 33 percent week on week to SR16.31 billion during the period from July 26 to August 1, 2026, reflecting continued growth in consumer spending and digital payment activity across the Kingdom. According to the latest weekly POS bulletin from the Saudi Central Bank (SAMA), […]
Riyadh, Saudi Arabia: The Saudi Tourism Authority (STA) has signed a Memorandum of Understanding (MoU) with Mastercard to strengthen Saudi Arabia’s position as a leading global tourism destination through joint international marketing campaigns, data-driven insights, and technology-enabled visitor experiences. The partnership will focus on attracting international travellers from key priority markets, supporting the Kingdom’s ambition […]
Fund aims to target investments across a range of sectors including financial, business and consumer services, industrials, technology and healthcare PIF’s investment in the fund aligns with its strategy to maximize returns and deliver long-term value through global partnerships In line with its 2026-2030 strategy, PIF continues to attract capital inflow Brookfield today announced the […]
The oldest myth in investing meets the UAE’s lowest-cost entry point of the year. The UAE summer has a rhythm. The heat clears the calendar. Evenings stretch out. The relentless pace of the year quietly pauses and for the first time in months, there’s actually time to think. For a lot of people, that means […]
Created with Mastercard and issued through leading Saudi banks, RX Pay is Riyadh Air’s own card – a new way to pay, earn, and travel, designed entirely around its guests Rewards that go beyond the airline: use RX Pay wherever Mastercard is accepted and turn everyday spending into the next journey with Sfeer Points With […]
Lahore, Pakistan | July 22, 2026 Fintech News Media, People First (Private) Limited, and KOT Enterprises have officially signed a Strategic Joint Venture Agreement (MoU), marking the beginning of a collaborative partnership focused on advancing Pakistan’s fintech ecosystem through innovation, technology, media, business development, and knowledge-sharing initiatives. The partnership brings together three independent organizations, each contributing its unique expertise […]
Businesses operating across Pakistan, Saudi Arabia and the UAE know the frustration better than anyone. You land a client in Europe or the United States, you deliver the work, and then the payment process begins. Your Wise account gets flagged. Your Payoneer withdrawal is delayed or blocked entirely. You wait five days for a SWIFT […]
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 […]
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 […]