Saudi POS Transactions reach $4.53bln in one week

Saudi POS Transactions reach $4.53bln in one week

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 […]

Saudi Arabia to fully open Capital Market to Foreign Investors from next month

Saudi Arabia to fully open Capital Market to Foreign Investors from next month

The Capital Market Authority (CMA) announces the opening of the capital market to all categories of foreign investors and enabling them to invest directly therein as of 1 February 2026, following the CMA Board’s approval of the regulatory framework allowing non-resident foreign investors to invest directly in the Main Market. Accordingly, the capital market, across […]

Saudi Fintech "barq" emerges fastest-growing digital wallet in the region as e-payment volume hits $84bln

Saudi Fintech “barq” emerges fastest-growing digital wallet in the region as e-payment volume hits $84bln

The platform continued its rapid momentum, surpassing seven million users in under a year and scaling further to over 10mln users within 17 months of operation. RIYADH – barq has cemented its position as the fastest-growing digital wallet in the region by download and usage rates, achieving record-breaking adoption milestones within an unprecedented timeframe. Since […]

Riyadh: Sahm Capital’s In-App Investor Community Reaches 6,000 Weekly Contributors in Three Months

Riyadh: Sahm Capital’s In-App Investor Community Reaches 6,000 Weekly Contributors in Three Months

Riyadh — Sahm Capital‘s in-app investor community has reached 6,000 weekly contributors within three months of its official launch, establishing itself as Saudi Arabia’s most active digital platform for market discussion and investor engagement. Launched in September 2025, Sahm Community is the first investor online community integrated directly into a CMA-licensed brokerage app in the Kingdom. […]

Alkhabeer Capital unveils a next-generation Brokerage Platform

Alkhabeer Capital unveils a next-generation Brokerage Platform

The platform offers investors exceptional trading speed, access to all Saudi stocks with an integrated “Tat’heer” Sharia purification service, instant fund transfers in Saudi Riyals, and a wide range of features purpose-built for active traders Jeddah, Saudi Arabia – Alkhabeer Capital, the financial institution specializing in financial services and brokerage services, announced the launch of its […]

Alraedah Finance Unveils Debt-Based Crowdfunding Platform for Saudi SMEs

Alraedah Finance Unveils Debt-Based Crowdfunding Platform for Saudi SMEs

Riyadh, Saudi Arabia — Alraedah Finance has launched Alraedah Invest, a debt-based crowdfunding platform aimed at expanding access to financing for small and medium-sized enterprises (SMEs) across Saudi Arabia. The platform is designed to support businesses operating in high-activity sectors such as restaurants, cafés, retail, and services—segments that often face challenges securing funding through traditional […]

Huawei expands its wearable ecosystem in Saudi Arabia with the launch of Sahm Capital’s smartwatch trading app

Huawei expands its wearable ecosystem in Saudi Arabia with the launch of Sahm Capital’s smartwatch trading app

Riyadh, Saudi Arabia — Huawei today announced a new addition to its expanding wearable app ecosystem in Saudi Arabia with the launch of the Sahm Capital smartwatch trading app. The collaboration underscores Huawei’s ongoing commitment to enriching its all-scenario ecosystem and enhancing the digital lifestyle of consumers across the Kingdom. The Sahm Capital app brings real-time […]

Goldman Sachs Opens New Regional Headquarters in KAFD, Riyadh, Saudi Arabia

Goldman Sachs Opens New Regional Headquarters in KAFD, Riyadh, Saudi Arabia

The new office reflects the firm’s ongoing commitment to Saudi Arabia and gives Goldman Sachs the capacity to grow its presence in the Kingdom. RIYADH – Goldman Sachs today announced the official opening of its new office and regional headquarters (RHQ) in Riyadh, Kingdom of Saudi Arabia. Located in the King Abdullah Financial District (KAFD), the […]

Venturun Group Launches Cozi.club: A New Villa-Based Lifestyle Community Designed for Tech Talent in Dubai

Venturun Group Launches Cozi.club: A New Villa-Based Lifestyle Community Designed for Tech Talent in Dubai

Dubai, UAE — December 2, 2025 — On the UAE’s 54th National Day, Venturun DMCC unveiled Cozi.club, pioneering what founders call “Coliving 2.0”: a villa-based lifestyle community that’s redefining how global innovators build in Dubai. Born from the founders’ own journey building in Dubai, Cozi.club addresses a critical gap: sustainable innovation starts with sustainable living. Too […]

Group-IB launches Cyber Fraud Intelligence Platform to Strengthen Saudi Arabia’s financial and digital ecosystems

Group-IB launches Cyber Fraud Intelligence Platform to Strengthen Saudi Arabia’s financial and digital ecosystems

[Riyadh, Saudi Arabia] Group-IB, a leading creator of cybersecurity technologies to investigate, prevent, and fight digital crime, today announced at Black Hat MEA the launch of the Cyber Fraud Intelligence Platform (CFIP), a groundbreaking technology designed to protect Saudi financial institutions, e-commerce entities, and digital platforms from emerging cyber threats. As Saudi Arabia continues its digital transformation […]