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Saudi arabia
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Saudi Arabia
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FinTech
Mastercard Teams Up with SingleView for Data-Driven Innovation
The alliance aligns with Saudi Arabia's Vision 2030, driving digital transformation.
By combining Mastercard's tech prowess with SingleView's offerings, the partnership seeks to facilitate enterprises.
Wednesday, 01/05/2024 | 14:41 GMT
by
Tareq Sikder
FinTech
Mastercard and Loop Forge Alliance for Digital Payments in Saudi Arabia
Loop will enhance its offerings with Mastercard's technology and expertise.
Recently, Mastercard launched a global initiative to enhance opportunities for small business owners.
Thursday, 29/02/2024 | 09:13 GMT
by
Tareq Sikder
FinTech
Meet Tamara, Saudi Arabia's First Fintech Unicorn
The fintech raised $340 million, led by the Saudi sovereign fund.
Tamara's funding amidst a regional slowdown signals strong interest in its future IPO plans.
Tuesday, 19/12/2023 | 09:38 GMT
by
Damian Chmiel
FinTech
Saudi Arabia's Card Payments to Grow by 14% in 2023
The Kingdom's push for a cashless society is one of the factors driving card payments.
Card payments' value soared 30% in 2021 in Saudi Arabia.
Monday, 05/06/2023 | 15:15 GMT
by
Jared Kirui
Institutional FX
Saudi Arabia CMA Greenlights Regulations for Market Making
Saudi Arabia is betting on the continued development of its capital market.
The local stock exchange is 11th in the world in terms of capitalization.
Monday, 05/12/2022 | 08:39 GMT
by
Damian Chmiel
News
Tamara Secures $100 Million in Series B Funding Round
The round was led by Sanabil Investments.
Coatue, Shorooq Partners and Endeavor Catalyst also participated in the funding round.
Friday, 26/08/2022 | 10:57 GMT
by
Bilal Jafar
News
Survey Reveals a High Crypto Adoption Rate among Saudi Arabians
76% of crypto investors have less than one year of experience in crypto investment.
The survey found that 63% of crypto investors are men.
Wednesday, 13/07/2022 | 17:23 GMT
by
Felipe Erazo
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Thought Leaders
Saudi Arabia Looking to Achieve Sustainability Aims of Vision 2030
In order to achieve the goals, both industries and individuals will need to adapt.
Tuesday, 03/05/2022 | 15:08 GMT
by
FM
Regulation
Saudi Central Bank Warns Official Entities on Forex Trading
The advisory was signed by the Capital Market Authority and the Ministry of Commerce.
Entities have warned against the use of their official Twitter handles.
Friday, 22/04/2022 | 17:27 GMT
by
Felipe Erazo
CryptoCurrency
Survey Finds Majority of Saudis Aware, but Only a Few Invest in Crypto
Many Saudi residents invest in cryptocurrencies to diversify their portfolio.
Government initiatives help to promote crypto investing in Saudi Arabia.
Monday, 28/02/2022 | 16:00 GMT
by
Nicholas Otieno
Retail FX
Saham Holding Launches MetaTrader 5 Trading Platform on the Saudi Stock Exchange
Saham Holding has begun serving its clients with MetaTrader 5 chats.
The fintech wants to enable its customers to access popular global financial instruments.
Friday, 11/02/2022 | 07:48 GMT
by
Nicholas Otieno
News
Saudi Fintech Sector Attracted $347 Million in the Last 12 Months
The number of active fintech companies has increased by 37% during the same period.
Monday, 25/10/2021 | 16:42 GMT
by
Bilal Jafar
Executive Moves
Morgan Stanley Banker Motaz Alangari to Join Banque Saudi Fransi
Both parties have not addressed the executive move publicly as of press time.
Thursday, 14/10/2021 | 18:03 GMT
by
Felipe Erazo
News
Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE
SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.
Monday, 30/11/2020 | 08:43 GMT
by
Bilal Jafar
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Regulation
BNY Mellon Secures Custody Licence from Saudi Arabia’s CMA
BNY Mellon Saudi Financial Company has been authorised to conduct Custody activities in the securities business.
Monday, 20/07/2020 | 06:46 GMT
by
Celeste Skinner
FinTech
Saudi Arabia's Central Bank Injects Liquidity in Local Banks via Blockchain
The blockchain deployment is part of SAMA’s efforts to explore emerging technologies
Monday, 08/06/2020 | 14:08 GMT
by
Finance Magnates Staff
News
MoneyGram Enters Saudi Arabia with Local Bank Partnership
The country is the second-largest outbound remittance market.
Friday, 05/06/2020 | 07:09 GMT
by
Arnab Shome
Executive Moves
Natixis Opens Office in Saudi Arabia, Names Reema Al-Asmari as CEO
The company has opened a Corporate & Investment Banking office, Natixis Saudi Arabia Investment Company.
Monday, 01/06/2020 | 06:52 GMT
by
Celeste Skinner
Analysis
Analysis: Where Are Middle East FX Traders Depositing Most Often?
While the size of deposits and withdrawals remain the same, the number of deposits goes lower in October
Sunday, 05/01/2020 | 19:22 GMT
by
Sylwester Majewski
News
Saudi Arabia, UAE Leaders Confirm Plans to Launch Digital Currency
The project was officially unveiled earlier this year and named Aber.
Thursday, 28/11/2019 | 13:56 GMT
by
Arnab Shome
Analysis
Equiti Goes to Saudi, Alibaba to Use Crypto: Editor's Pick
We take a look back at the most riveting and interesting stories from last week.
Sunday, 01/09/2019 | 10:46 GMT
by
David Kimberley
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Prime Brokerage
Equiti Group Partners Saudi Arabia’s 3rd Largest Bank
The non-bank liquidity provider just landed a new major deal in the Middle East with Riyad Bank
Thursday, 29/08/2019 | 13:33 GMT
by
Victor Golovtchenko
Exchanges
Goldman Sachs Tops Brokerage Firms in Saudi Market Last Month
HSBC Saudi Arabia also moved up to second place, accounting for 9.4 percent of total trading in May.
Monday, 10/06/2019 | 20:03 GMT
by
Aziz Abdel-Qader
Analysis
INTL FCStone Launches PB, EU's New AML Rules: Editor's Pick
Keep up to date with the most interesting and top stories in the crypto or FX space.
Sunday, 28/04/2019 | 12:39 GMT
by
Finance Magnates Staff
Brokers
Breaking: Saudi Arabia Issues First License for Forex Trading
The Kingdom of Saudi Arabia is the newest regulatory destination in the MENA region
Friday, 26/04/2019 | 12:39 GMT
by
Victor Golovtchenko
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