December 24, 2024 In a new step to enhance its financial services and expand its regional scope, Weyay Bank announces the launch of the “AFAQ” service, which is a qualitative leap in the field of bank transfers between the Gulf Cooperation Council countries. “AFAQ”, by linking the payment systems of the Gulf countries, enables financial […]
Saudi Core Vision Investment Closes $1.5 Million Round with Kuwait-based Krti in Silicon Valley
Silicon Valley, San Francisco – Core Vision Investment has announced the successful closing of a $1.5 million investment round with Krti, marking a significant milestone in the growth of the fintech ecosystem. The funding round, led by Core Vision Investment, is part of the Financial Technology Investment Program organized by The Financial Academy. This investment […]
Eskan Bank signs a joint financing agreement worth 250mln dinars to support Housing Programs and Services in Bahrain
Manama, Bahrain – September 29, 2024 – Eskan Bank (EB) has announced a landmark partnership with the National Bank of Bahrain (NBB), Bahrain Islamic Bank (BisB), and Kuwait’s Boubyan Bank Group to provide joint financing worth BHD 250 million. This strategic alliance aims to support and expand housing programs across the Kingdom, enhancing affordable housing […]
Kuwait Fintech Ottu Partners with The Saudi National Bank to Enhance Payment Solutions in Saudi Arabia
Riyadh, Saudi Arabia – Ottu, a leading provider of payment solutions in the MENA region, has announced a strategic partnership with The Saudi National Bank (SNB) to revolutionize payment systems across the Kingdom. This collaboration will leverage Ottu’s cutting-edge Smart Router technology to provide businesses in Saudi Arabia with optimized, secure, and seamless online payment […]