Prince AbdulAziz International Prize for Entrepreneurship in Saudi
Is the annual awards launched by His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz , a Centennial Fund global initiatives . The first prize in the world for entrepreneurship , under the...
View ArticleSearch in MENA Finds AngelList Success: Next Alibaba of the Middle East Seeks...
Hoping to be the next Alibaba of Middle East, the B2B marketplace Search in MENA helps SMEs create both new channels to attract clients online and build a vast network of product and service providers...
View ArticleTrailblazing Dynamo Anu Bhardwaj, Founder of Women INVESTING in Women:...
“My advice to female innovators and disruptors is to have balance in your relationships with mentors, advisors, close associates and friends that will ultimately broaden both your networks and channels...
View ArticleSoftBank & Trump: $50 Billion & 50K Jobs. Will this Boost Fintech?
In a grand mashup of investment and politics, President-elect Donald Trump and Tokyo-based SoftBank Group Corp.‘s CEO Masayoshi Son announced their plan this week to create 50,000 new jobs in the U.S....
View ArticlePrince AbdulAziz International Prize for Entrepreneurship in Saudi
Is the annual awards launched by His Royal Highness Prince Abdulaziz bin Abdullah bin Abdulaziz , a Centennial Fund global initiatives . The first prize in the world for entrepreneurship , under the...
View ArticleSearch in MENA Finds AngelList Success: Next Alibaba of the Middle East Seeks...
Hoping to be the next Alibaba of Middle East, the B2B marketplace Search in MENA helps SMEs create both new channels to attract clients online and build a vast network of product and service providers...
View ArticleTrailblazing Dynamo Anu Bhardwaj, Founder of Women INVESTING in Women:...
“My advice to female innovators and disruptors is to have balance in your relationships with mentors, advisors, close associates and friends that will ultimately broaden both your networks and channels...
View ArticleGulf Capital Acquires Strategic Stake in Saudi Arabia Fintech Geidea
Middle East alternative asset management firm Gulf Capital announced on Monday it has acquired a strategic stake in Saudi Arabia fintech, Geidea. According to the company, this deal with Geidea is...
View ArticleSaudi Arabia’s Capital Market Authority Grants First Two Trial Fintech Licenses
Last week, Saudi Arabia’s Capital Market Authority (CMA) announced the approval of the first two trial financial technology licenses to Manafa Capital and Scopeer. According to the organization, these...
View ArticleSaudi Monetary Authority Prohibits “Unauthorized Virtual Currencies”
Citing “negative consequences,” “high risks,” and a lack of “government supervision,” the Saudi Standing Committee for Awareness on Dealing in Unauthorized Securities Activities in FOREX Markets has...
View ArticleRipple Update: National Commercial Bank of Saudi Arabia Has Joined RippleNet;...
On Thursday, Ripple announced the National Commerical Bank (NCB) of Saudi Arabia has joined RippleNet. According to Ripple, NCB was the first bank established in the country and, as of today, it is one...
View ArticleSaudi Arabia Capital Markets Authority Opens Second Batch of Applications for...
On Monday, the Saudi Arabia Capital Market Authority announced it was opening applications for the second batch of the country’s Financial Technology Experimental Permit (FinTech ExPermit). Last year,...
View ArticleBlocktech Partners With Taibah Valley to Launch Blockchain Lab at Saudi...
U.S.-based blockchain technologies firm Blocktech announced on Friday it is partnering with Taibah Valley to launch the Blockchain Lab at Taibah University in Madinah, Saudi Arabia. According to...
View ArticleExecutive Committee of the Saudi-Emirati Coordination Council Holds First...
The Executive Committee of the Saudi-Emirati Coordination Council reportedly held its first meeting in Abu Dhabi with the participation of all 16 members from both sides to follow up on the execution...
View ArticleSaudi Arabia and UAE To Test Cryptocurrency for Cross Border Payments
Following a meeting of The Executive Committee of the Saudi-Emirati Coordination Council, the UAE and Saudi Arabia have announced plans to collaborate on a “joint pilot cryptocurrency” for possible use...
View ArticleTemenos Announces New Partnership With Al Rajhi Bank
Temenos AG (SIX: TEMN), the Switzerland based banking software provider, announced on Wednesday it has been selected by Al Rajhi Bank, a Saudi Arabia-based bank, to enhance its Islamic lending and...
View ArticleVocalink Teams Up With Saudi Payments to Introduce Real-Time Payments to...
International payment systems provider Vocalink, a Mastercard company, announced last week it has partnered with the Saudi Payments, a fully owned subsidiary of the Saudi Arabian Monetary Authority...
View ArticleSaudi Finance Ministry: Virtual Currencies Not Approved
The Saudi Ministry of Finance has warned Saudi citizens that transactions involving cryptocurrencies could have “negative consequences” for traders because they occur, “outside the monitoring umbrella...
View ArticleSaudi Capital Market Authority Approves Multiple Fintech “Experimental...
This week, the Saudi Capital Market Authority (CMA) approved multiple “Financial Technology Experimental Permits.” The regulator granted the permits to: Buthoor Solidarity, Afaq and Emkan Alarabiya....
View ArticleSaudi Arabia-based Riyad Bank Invests $26.7 Million into its Newly-Launched...
Saudi Arabia-based Riyad Bank, one of the largest financial institutions in the Middle Eastern Kingdom, has decided to invest SAR 100 million (appr. $26.7 million) into its newly-launched Fintech...
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