Global – Kudo Trade, a leading innovator in global financial trading services, is proud to announce that it has been granted a prestigious license by the Financial Services Commission (FSC) of Mauritius. The license, numbered GB24203599, underscores Kudo Trade’s commitment to operating at the highest standards of regulatory compliance and delivering exceptional services to its clients […]
Riyadh, Saudi Arabia – January 16, 2025 The Saudi Central Bank (SAMA) has announced a strategic agreement with Google to introduce Google Pay in Saudi Arabia through the national payment system, mada. The service is set to launch in 2025, as part of SAMA’s ongoing initiatives to enhance the Kingdom’s digital payments ecosystem under the […]
Arab Advisors Group released a new research report exploring the growing fintech market in the Arab World. The report expands on the current fintech landscape in the Arab region, covering the fintech regulatory frameworks, licensing, legality of cryptocurrency, fintech goals and initiatives, challenges and governmental vision for the sector in 19 Arab countries. Moreover, Arab Advisors […]
Manama, Bahrain – Eazy Financial Services “EazyPay”, a leading Bahraini financial institute specialized in Point-of-Sale (POS) and online payment gateway acquiring services, is proud to announce its win in the “Innovating in Crypto Acceptance in MENA” category at the Mastercard EDGE 2024 Awards. The ceremony, held on October 16th in Dubai, recognized EazyPay’s significant contributions […]
Abu Dhabi, United Arabic Emirates, 13 January 2025 – Velexa, a leading WealthTech innovator, and Ajyad Capital, a renowned investment management firm based in the Kingdom of Bahrain, have signed a Memorandum of Understanding (MoU) to establish a strategic alliance aimed at revolutionizing investing landscape in the GCC region. This partnership is aimed at supporting the goals of […]
Bank Aljazira Announces New Leadership and Reports Strong Financial Performance Riyadh, Saudi Arabia – Bank Aljazira has announced the appointment of Abdulmajeed bin Ibrahim Al Sultan as the Chairman of its Board of Directors for a three-year term. Mohammed bin Saad bin Dawood has been named Vice Chairman, and Naif Abdulkareem Al Abdulkareem will serve […]
MUSCAT: Innovation-driven BankDhofar ,The second largest bank in the Sultanate of Oman in terms of the number of branches , has taken a pioneering step in the country’s financial sector by introducing the Swift Global Payments Initiative (GPI). This cutting-edge solution, now seamlessly accessible to customers through BankDhofar’s channels, makes it the first bank in Oman […]
Riyadh: Najm for Insurance Services has signed a Memorandum of Understanding (MoU) with Theeb Rent a Car Company to enhance joint cooperation and improve vehicle rental and repair services in line with the highest quality standards. This collaboration aims to promote traffic safety and protect road users as well as vehicle renters. The signing ceremony took […]
Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has announced the licensing of HyperPay Inc. Saudi Arabia for Information Systems Technology, enabling the company to provide payment services through electronic wallets. This latest approval brings the total number of licensed payment service providers in the Kingdom to 27, reflecting SAMA’s continued efforts to enhance […]
Riyadh, Saudi Arabia – January 2, 2025: Vision Bank, formerly known as the Saudi Digital Bank, has announced the launch of the pilot phase of its banking operations after receiving a no-objection certificate from the Saudi Central Bank. This milestone marks a significant step in Vision Bank’s journey toward realizing its strategic goals and underscores […]