Visa launches new edition of She’s Next Program in Saudi Arabia to Empower Women Entrepreneurs

Visa launches new edition of She’s Next Program in Saudi Arabia to Empower Women Entrepreneurs

Till July 21, 2025: Applications are open for the chance to secure funding, mentorship, and national exposure. Three winners will be awarded a share of USD 60,000 in equity-free grants Haya Sawan, one of Saudi Arabia’s leading fitness experts and a prominent wellness entrepreneur, joins as the program’s mentor Riyadh, Saudi Arabia: Visa (NYSE: V), a […]

Pakistani startup Bookme eyes $20mln annual revenue from Saudi expansion

Pakistani startup Bookme eyes $20mln annual revenue from Saudi expansion

Bookme is a Pakistani e-ticketing platform that offers online tickets for movies, events, flights and hotels Bookme founder eyes expansion further into Middle East, African countries after gaining foothold in Kingdom ISLAMABAD: The founder of Pakistani e-ticketing platform Bookme said this week the company expects to generate $20 million annually from its expansion into Saudi […]

Amazon Payment Services partners with Tamara to offer seamless split payments for merchants in the UAE and Saudi Arabia

Amazon Payment Services partners with Tamara to offer seamless split payments for merchants in the UAE and Saudi Arabia

The partnership comes at a time when consumers are increasingly seeking payment methods that deliver both flexibility and transparency. Seamless integration of Tamara will enable businesses in the UAE and KSA to provide flexible payment options, generate broader customer reach, and enhance customer conversion rates Merchants in the Amazon Payment Services network now have even […]

KAFD receives prestigious Guinness World Record for the world’s largest continuous pedestrian skywalk network

KAFD receives prestigious Guinness World Record for the world’s largest continuous pedestrian skywalk network

This recognition showcases KAFD’s commitment to setting new benchmarks in urban development. Riyadh—The King Abdullah Financial District Development and Management Company (KAFD DMC) announced that it was awarded a Guinness World Record for the world’s largest continuous pedestrian skyway network. This recognition showcases KAFD’s commitment to setting new benchmarks in urban development and its commitment […]

ACI Worldwide and iNet extend partnership to bolster fintech growth in Saudi Arabia

ACI Worldwide and iNet extend partnership to bolster fintech growth in Saudi Arabia

OMAHA, Neb. & RIYADH, Saudi Arabia- ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, today announced that iNet, the first independent Saudi Central Bank-licensed Network Service Provider (NSP), has joined ACI’s Retail Payment Solutions (RPS) for Postilion program to support the Kingdom’s rapidly growing fintech sector. Under this partnership, iNet will deploy and […]

Tesla officially opens its First Center in Riyadh, Saudi Arabia

Tesla officially opens its First Center in Riyadh, Saudi Arabia

Tesla today, announces the opening of its first Center in Riyadh, Saudi Arabia, located on Takhassousi Rd. This reflects the Kingdom of Saudi Arabia’s growing demand for electric vehicles and its commitment to sustainable transportation, in line with Saudi Vision 2030. On Thursday, June 26, the Tesla Center in Riyadh officially opens to the public. With […]

Jadwa Acquires Majority Stake in Leading Retailer Makhazen Alenaya Through its GCC Diversified Private Equity Fund

Jadwa Acquires Majority Stake in Leading Retailer Makhazen Alenaya Through its GCC Diversified Private Equity Fund

Riyadh, Saudi Arabia, 23 June 2025: Jadwa Investment, a leading investment management and advisory firm in the Middle East, today announced the acquisition of a majority stake in Makhazen Alenaya through its flagship blind-pool vehicle, Jadwa GCC Diversified Private Equity Fund. Founded in 2019, Makhazen is a fast-growing Saudi retail concept with 15 branches across […]

Saudi Central Bank (SAMA) Issues Updated Credit Card Rules to Enhance Transparency and Lower Customer Costs

Saudi Central Bank (SAMA) Issues Updated Credit Card Rules to Enhance Transparency and Lower Customer Costs

Riyadh, Saudi Arabia – In a move aimed at enhancing transparency and reducing financial burdens on consumers, the Saudi Central Bank (SAMA) has issued updated “Credit Card Issuance and Operation Rules.” These new regulations replace the existing “Credit and Monthly Debit Card Issuance and Operation Rules” and come as part of SAMA’s broader supervisory and […]

UK’s NayaOne Enters Saudi Market with AstroLabs, Launching First Fully Saudi-Hosted Fintech Platform

UK’s NayaOne Enters Saudi Market with AstroLabs, Launching First Fully Saudi-Hosted Fintech Platform

June 18, 2025, Riyadh, Saudi Arabia: NayaOne, the Vendor Delivery Infrastructure (VDI) platform trusted by leading global banks and regulators, has launched the Kingdom’s first fully Saudi-hosted platform, marking its entry into Saudi Arabia with support from AstroLabs, the Gulf’s leading business expansion platform. The deployment enables banks, insurers, and fintechs to design, test, and launch […]