Riyadh, Saudi Arabia — The Saudi Central Bank (SAMA) has officially granted a license to Tabby Finance to conduct deferred payment (Buy Now, Pay Later) activities in the Kingdom, bringing the total number of licensed finance companies to 68. The move is part of SAMA’s ongoing efforts to strengthen the Kingdom’s financial sector, enhance the […]
Abdul Latif Jameel Finance, a leading financing provider regulated by the Saudi Central Bank (SAMA), has signed a Memorandum of Understanding (MoU) with Ant International to explore fintech collaborations aimed at enhancing digital financial services in the Kingdom. Headquartered in Singapore, Ant International provides digital payment and financial technology solutions to consumers and businesses around […]
Riyadh, Saudi Arabia — November 2025 The 2025 edition of Aion Connect, held in Riyadh, brought together over 200 senior leaders from banks, fintechs, family offices and investors to discuss the next frontier of Saudi Arabia’s digital financial transformation — moving from vision to performance. In a market where nearly $140 billion in shareholder value […]
stc group, the region’s leading digital enabler, announced the signing of a Memorandum of Understanding (MoU) with PayPal to explore collaboration in digital payments, customer loyalty, and venture investments across Saudi Arabia, Bahrain, and the broader Middle Eastern markets. The announcement was made during the Future Investment Initiative (FII) 2025 in Riyadh, underscoring the Kingdom’s […]
New partnership with Waseel Investment and renewed backing from Shorooq, underscore investor confidence in COLABS’ cross-border vision. Aligned with Vision 2030, the expansion aims to accelerate entrepreneurship, create jobs, and attract new investment flows between Saudi Arabia and Pakistan. A bridge between Saudi and Pakistani ecosystems, COLABS will help companies launch, scale, and operate through […]
Fraser replaces Steve Demetriou, former CEO of engineering contractor Jacobs, who held the role from 2018 to 2024. The U.S.-Saudi Business Council has named Citigroup CEO Jane Fraser as U.S. co-chair of its board, representing the United States. Fraser replaces Steve Demetriou, former CEO of engineering contractor Jacobs, who held the role from 2018 to […]
Riyadh, Saudi Arabia – Franklin Templeton, one of the world’s largest global asset managers, is delighted to announce that it has successfully registered eight actively- managed global funds following approval from the Saudi Capital Market Authority (CMA) for qualified investors. The registered funds cover a broad spectrum of sectors and geographies representing the breadth of the […]
In May last year, the U.S. bank obtained a licence to set up its regional headquarters in Riyadh, where it has had an office since 2008. Goldman Sachs is setting up a private wealth management team in Saudi Arabia, it said on Tuesday, as it boosts its offer in the Middle East to serve a […]
Riyadh — (ARAB NEWSWIRE) – Sahm Capital, a fast-growing fintech-driven financial company, announced its collaboration with Nasdaq Data as the first CMA-licensed financial company in the MENA region to launch Nasdaq TotalView® and introduce the Sahm – Nasdaq Investor Education Program. This landmark moment was celebrated on the Nasdaq Tower billboard in New York’s Times Square, […]
Riyadh, Saudi Arabia: 21 October 2025: Doha Bank, one of Qatar’s leading financial institutions, and PayTabs Group, MENA’s award-winning payment orchestration solutions provider, have signed a strategic partnership to provide value-added services that enhance the e-commerce ecosystem for merchants in Qatar. The collaboration marks a significant milestone in advancing Qatar’s cashless economy, supporting small and […]