Moody’s Corporation (NYSE: MCO) announced today that it has established a regional headquarters (RHQ) in Riyadh, Saudi Arabia, reflecting Moody’s ongoing commitment to support the development of the Kingdom’s capital markets and economy. This investment aligns to the Kingdom’s Vision 2030 initiative, and underscores its dynamism and growth. The new RHQ marks an expansion of […]
Riyadh, Saudi Arabia – Mastercard and Google are collaborating to further enhance the availability and usage of Google Pay in the Kingdom of Saudi Arabia. The recently launched Google Pay gives consumers a simple, secure and convenient way to make payments using their Android smartphones. In line with Vision 2030 and the ongoing joint efforts supports […]
Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
The partners will develop a portfolio of innovative consumer products including Riyadh Air-branded credit and prepaid cards built for the next generation of travelers As a global first, Riyadh Air will introduce airline-branded virtual card program to support travel agents and other B2B transactions The extensive partnership will include the co-development of a dedicated center […]
Riyadh, Saudi Arabia – January 22, 2026: EdfaPay is pleased to announce the official activation of its Smart SoftPOS services in the Saudi market, following the successful completion of the required technical approvals from the Payments Authorization Center at the Saudi Central Bank (SAMA), in accordance with the applicable compliance and security standards. This will […]
RIYADH – Orion Resource Partners LP (“Orion”), a leading global investment firm specializing in mining and metals, and SNB Capital Company (¨SNB Capital”), Saudi Arabia’s leading capital market institution and a subsidiary of the Saudi National Bank, announced today that they have entered into a strategic partnership to support the development of the Kingdom’s mining and […]
Riyadh, Saudi Arabia – Mastercard announced a collaboration with STC Bank to empower the bank’s customers in the Kingdom – both consumers and businesses – with greater access to a broad range of cross-border payment services, leveraging Mastercard Move’s innovative money movement capabilities. In line with Vision 2030, the collaboration is fully geared towards transforming the […]
AmwalPay has announced a strategic partnership with Bank Nizwa, reflecting a broader shift in how banks approach the enablement of digital payment services within the Sultanate of Oman. Under this partnership, AmwalPay enables Bank Nizwa to offer digital payment services to its merchants under the bank’s own brand, identity, and commercial framework. Bank Nizwa retains […]
RIYADH — Investment Minister Khalid Al-Falih said Saudi Arabia has succeeded in attracting 20 of the world’s top 30 banks as part of efforts to expand the presence and activity of major global asset managers and international banks to support the Kingdom’s banking sector. Speaking during a Shoura Council session on Monday, Al-Falih announced that […]
RIYADH — Point-of-sale (POS) transactions in Saudi Arabia reached 255.361 million during the period from Dec. 28, 2025, to Jan. 3, 2026, with a total value of SR17.016 billion, up from SR13.028 billion recorded in the previous week, according to the Saudi Central Bank. The central bank’s weekly POS bulletin showed that the transport sector […]