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 […]
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 […]
The new capability enables SAB Invest’s clients to monetize their Saudi equity holdings and generate yield from diversified global portfolios, deepening the investment proposition SAB Invest delivers across its institutional and high-net-worth client base SAB Invest selected JPMorganChase for its local expertise, global presence and robust risk framework, enabling yield generation across both Saudi and […]
Ras Al Khaimah, UAE — The agentic economy stopped being theoretical this week. With the world’s largest payment networks now opening their rails to autonomous AI agents — credentialed, permissioned, and settling transactions at machine speed — the question facing every financial institution and enterprise has shifted from whether software agents will transact with one […]
New initiative gives banks, brokers, fintechs, and asset managers API access, developer documentation, and client-accessible source code to build branded trading journeys on top of ZagTrader’s proven infrastructure layer. Dubai, June 10 – ZagTrader, the capital markets technology provider, today announced the launch of Build on ZagTrader, a strategic initiative that repositions ZagTrader as the […]
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]
Jeddah, Saudi Arabia: Alkhabeer Capital, a Saudi asset manager and investment firm with a diversified Shari’ah-compliant offerings across private equity, real estate, capital markets and brokerage, has been recognized by Great Place to Work® Middle East as the Best Workplace in Saudi Arabia’s financial sector category for the 14th consecutive year, while also being named the […]