Riyadh, Saudi Arabia: The Saudi Real Estate Refinance Company (SRC), a PIF company, has announced the launch of the Kingdom’s first Residential Mortgage-Backed Securities (RMBS). This landmark transaction forms part of SRC’s efforts to develop the capital markets and enhance liquidity in the real estate finance sector by introducing, for the first time in the Saudi […]
Since its establishment in 2021, SNB Capital has successfully closed 100 investment banking transactions exceeding SAR 750 billion (USD 200 billion) in size This achievement reflects deep investor confidence, supportive regulations, and resilience of Saudi Arabia’s capital markets in enabling transformative transactions SNB Capital’s has executed some of the region’s most significant, first of a […]
The new financing product aims to meet the financial needs of the bank’s customers and support individuals by offering quick financing solutions, flexible terms, and simple steps. Riyadh, Saudi Arabia: STC Bank has launched its first financing product, “Smart Finance” a fully electronic, Sharia compliant product, available within minutes and with a maximum limit of SAR […]
The Public Investment Fund also sold its stakes in Alibaba Group, Nu Holdings and FedEx. BANGALORE/DUBAI: Saudi Arabia’s almost $1 trillion sovereign wealth fund sold its stakes in several U.S.-listed companies – including Meta, Shopify and PayPal – in the second quarter, according to securities filings released on Thursday. The Public Investment Fund also sold […]
Riyadh, Saudi Arabia – MoneyDo, a leading Saudi digital real estate investment platform licensed by the Capital Market Authority, has announced the launch of its operations at King Abdullah Financial District (KAFD) — a premier financial center in the Middle East and North Africa, and the leading business and lifestyle hub in Riyadh. As the Kingdom’s […]
Riyadh, Saudi Arabia: Shahbandr, a leading enabler of e-commerce and digital transformation in Saudi Arabia and the Middle East and North Africa, and Tamara, the region’s leading provider of Buy Now, Pay Later (BNPL) solutions, partnered to empower online stores with flexible payment options that help them boost sales and accelerate growth. Through this partnership, Tamara […]
Riyadh, Saudi Arabia — August 8, 2025 — Flooss, a leading digital lending platform, has officially secured its operating license from the Saudi Central Bank (SAMA), marking a significant regulatory milestone in its journey to redefine financial access across the Kingdom and the wider GCC region. The license paves the way for Flooss to expand […]
The newly integrated platform enables institutional and high-net-worth investors to negotiate large-scale transactions securely within private digital negotiation rooms minimizing market impact and optimizing execution quality. Jeddah, Saudi Arabia: Alkhabeer Capital, the financial institution specializing in Shari’a-compliant financial services and brokerage services, has announced the successful launch of a cutting-edge Block Trade Negotiation System, in strategic […]
This service, which is available now on My stc BH App, enables users to complete transactions for bills, add-ons, and digital gift cards with ease, reflecting stc Bahrain’s commitment to introducing innovative solutions that align with modern digital lifestyles. Manama, Bahrain: stc Bahrain, a digital enabler, has announced a significant milestone in its commitment to digital […]
Among the first to receive the UAE Central Bank’s Open Finance IPA Lean is helping shape a new era of connected financial services, enabling faster payments, broader access to credit, and greater inclusion across the UAE Over $2B processed to date through 1M+ connected accounts Dubai, UAE – Lean Technologies (Lean), the MENA region’s leading financial […]