New initiative gives banks, brokers, fintechs, and asset managers API access, developer documentation, and client-accessible source code to build branded trading journeys on top of ZagTrader’s proven infrastructure layer. Dubai, June 10 – ZagTrader, the capital markets technology provider, today announced the launch of Build on ZagTrader, a strategic initiative that repositions ZagTrader as the […]
From Bahrain and the UAE to Saudi Arabia and Oman, how Gulf payment companies have helped build the merchant acquiring, POS, and payment gateway ecosystems that support today’s digital economy. Over the past decades, the Gulf Cooperation Council (GCC) has experienced significant growth in digital payments, driven by economic expansion, e-commerce adoption, and the region’s […]
SAB Invest, the investment arm of Saudi Awwal Bank (SAB), and Retal Urban Development Company today announced the launch of the Real Estate Fund – a SAR1.9 billion CMA-regulated real estate investment fund. In a statement, the company said the fund is structured to optimize capital efficiency and risk management, with SAB committing financing of […]
Jeddah, Saudi Arabia: Alkhabeer Capital, a Saudi asset manager and investment firm with a diversified Shari’ah-compliant offerings across private equity, real estate, capital markets and brokerage, has been recognized by Great Place to Work® Middle East as the Best Workplace in Saudi Arabia’s financial sector category for the 14th consecutive year, while also being named the […]
Saudi-listed banks posted a combined net profit of 24 billion Saudi riyals ($6.4 billion) in the first quarter of 2026, marking an 8% year-on-year (YoY) increase and surpassing market consensus estimates by 3%, according to a new report by Alrajhi Capital. The earnings growth was primarily driven by strong performances from Al Rajhi Bank, Saudi […]
Riyadh: Kreab, a global advisor in strategic communications, has launched its first regional office in the Middle East in Riyadh under the name “Kreab Saudi Arabia,” in a move that reflects the company’s commitment to strengthening its presence in the Saudi market and positioning the Kingdom as a strategic hub for managing its regional expansion plans. […]
Enhanced liquidity in SAB Invest Saudi Quant ETF (Ticker: 9402), with tighter bid-ask spreads and improved pricing efficiency, enabling a smoother and more effective trading experience for investors Riyadh, Kingdom of Saudi Arabia, SAB Invest, the investment arm of Saudi Awwal Bank (SAB), today announced its official registration by the Saudi Exchange (Tadawul) as the first […]
Riyadh, Saudi Arabia: Riyad Bank and Mastercard announced today the launch of an innovative Travel and Expense (T&E) Corporate Card program, marking Riyad Bank’s first corporate card offering in the Kingdom. The launch marks the latest collaboration between the two entities, building on their ongoing efforts to redefine business travel within the Kingdom, the Middle East […]
Riyadh, Paris – Albilad Capital announces the official launch of the Horizon Trading Solutions platform, marking a strategic milestone that reflects the company’s ongoing commitment to strengthening its technological infrastructure and advancing its operational systems in line with the rapid growth of the Saudi capital market. This initiative supports Albilad Capital’s efforts to elevate its market‑making […]
Riyadh, KSA — Abhi Saudi, powered by Alraedah Digital Solutions, has announced its partnership with QBS to provide employees with instant access to earned wages through its Earned Wage Access (EWA) solution. This initiative enables QBS employees to withdraw a portion of their salaries anytime during the month, supporting financial stability and reducing dependency on short-term […]