Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
Riyadh, Saudi Arabia – InvestSky, MENA’s first social trading platform, announced its official expansion into the Saudi market following the approval of its Financial Technology Experimental Permit from the Capital Market Authority (CMA). The move comes as part of InvestSky’s regional growth strategy and is supported by a first-of-its-kind partnership with anb Capital, one of the Kingdom’s leading […]
The partners will develop a portfolio of innovative consumer products including Riyadh Air-branded credit and prepaid cards built for the next generation of travelers As a global first, Riyadh Air will introduce airline-branded virtual card program to support travel agents and other B2B transactions The extensive partnership will include the co-development of a dedicated center […]
PayTic, a leading fintech modernizing and automating day-to-day payment operations for banks, fintechs, and processors, today announces that Arab Bank has become the first Bank in the Middle East to adopt its platform — marking a landmark moment in the region’s payment infrastructure evolution. Founded in 2020, PayTic provides a no-code, processor-agnostic platform that automates […]
RIYADH, Saudi Arabia, 29 January 2026: Ghanem announced the launch of fractional ownership of real estate in Saudi Arabia under the regulatory sandbox of the Real Estate General Authority (REGA), marking a key milestone in expanding access to regulated real estate investment in the Kingdom. The launch enables eligible Saudi investors to own officially registered […]
Riyadh, Saudi Arabia – January 22, 2026: EdfaPay is pleased to announce the official activation of its Smart SoftPOS services in the Saudi market, following the successful completion of the required technical approvals from the Payments Authorization Center at the Saudi Central Bank (SAMA), in accordance with the applicable compliance and security standards. This will […]
ZagTrader has announced the rollout of a revamped enterprise digital experience platform, marking the next phase in the evolution of its digital ecosystem. The initiative represents a comprehensive modernization of existing digital capabilities, introducing a refreshed experience powered by state-of-the-art technology, updated design standards, and enhanced performance characteristics. The revamp reinforces ZagTrader’s focus on delivering […]
Riyadh, Saudi Arabia: Jadwa Investment, a leading investment management and advisory firm in the Middle East, has announced the launch of its flagship private credit fund, Jadwa GCC Diversified Private Credit Fund, with a target size of up to SAR 750m (USD 200m). The fund has successfully completed its first close at over SAR 300m (USD […]
RIYADH – Orion Resource Partners LP (“Orion”), a leading global investment firm specializing in mining and metals, and SNB Capital Company (¨SNB Capital”), Saudi Arabia’s leading capital market institution and a subsidiary of the Saudi National Bank, announced today that they have entered into a strategic partnership to support the development of the Kingdom’s mining and […]
Riyadh, Saudi Arabia – Mastercard announced a collaboration with STC Bank to empower the bank’s customers in the Kingdom – both consumers and businesses – with greater access to a broad range of cross-border payment services, leveraging Mastercard Move’s innovative money movement capabilities. In line with Vision 2030, the collaboration is fully geared towards transforming the […]