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 […]
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 […]
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 obtained technical certification from the Saudi Central Bank (SAMA) as an E-commerce Payment Technical Service Provider (PTSP). This milestone marks an important step in TotalPay’s regional expansion and reinforces its commitment to delivering secure, reliable, and innovative payment technology solutions to businesses across the Kingdom of Saudi Arabia. TotalPay looks forward to partnering with […]
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 […]
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 […]