Saudi Arabia

Saudi Arabia Ends mBridge Participation After Completing CBDC Payment Trial
News

Saudi Arabia Ends mBridge Participation After Completing CBDC Payment Trial

Saudi Arabia has ended its participation in mBridge, a China-led cross-border payments project using central bank digital currencies (CBDCs), after completing a proof of concept in May 2025.

Money20/20 Middle East Brings Alipay+ and Tap to Pay to Saudi Arabia
News

Money20/20 Middle East Brings Alipay+ and Tap to Pay to Saudi Arabia

Money20/20 Middle East closed its active three-day run in Riyadh this week, bringing the fintech community a set of regulatory announcements from the Saudi Central Bank (SAMA), a new unicorn in the Kingdom’s payments sector, and cross-border card interoperability with Qatar.

30th Edition Connected Banking Summit – Innovation & Excellence Awards 2026
Events

30th Edition Connected Banking Summit – Innovation & Excellence Awards 2026

30th Edition Connected Banking Summit – Innovation & Excellence Awards 2026 will take place on 30 September 2026 in Riyadh, Saudi Arabia, bringing together senior banking executives, regulators, policymakers, fintech innovators and technology leaders to discuss the future of financial services in the Kingdom.

Shufti’s Shahid Hanif: Nine Middle East Markets Demand Nine Separate Identity Playbooks
Articles

Shufti’s Shahid Hanif: Nine Middle East Markets Demand Nine Separate Identity Playbooks

A single UAE onboarding flow will not survive contact with Saudi Arabia, Qatar, or Jordan. Companies that assume otherwise usually find this out during a regulatory review, not before. Shahid Hanif, CEO and Co-Founder of Shufti, argues that treating the Gulf as one regional rollout is the most expensive assumption a global identity verification vendor […]

Abhi Partners With TAM Aerospace & Defense to Expand Earned Wage Access in Saudi Arabia
Fintech & Ecommerce

Abhi Partners With TAM Aerospace & Defense to Expand Earned Wage Access in Saudi Arabia

Abhi Saudi, powered by Alraedah Digital Solutions, has announced a partnership with TAM Aerospace & Defense, an aviation services provider in Saudi Arabia, to introduce Earned Wage Access (EWA) for the company’s workforce.

30th Edition Connected Banking Summit – Innovation & Excellence Awards 2026 Returns to Riyadh to Accelerate the Kingdom’s Banking Transformation
Fintech & Ecommerce

30th Edition Connected Banking Summit – Innovation & Excellence Awards 2026 Returns to Riyadh to Accelerate the Kingdom’s Banking Transformation

“Empowering the Future of Banking in the Kingdom: Innovation, Transformation & Growth” 30 September 2026 | Riyadh, Saudi Arabia

Abhi Expands Earned Wage Access Partnerships in Saudi Arabia Through Squadio Deal 
News

Abhi Expands Earned Wage Access Partnerships in Saudi Arabia Through Squadio Deal 

Abhi Saudi, powered by Alraedah Digital Solutions, has announced a partnership with the technology talent platform Squadio to provide Earned Wage Access (EWA) for Squadio employees.

Abhi and Qlub Sign Partnership to Offer Earned Wage Access to Employees in Saudi Arabia
News

Abhi and Qlub Sign Partnership to Offer Earned Wage Access to Employees in Saudi Arabia

Abhi Saudi, operated by Alraedah Digital Solutions, has signed a partnership with Qlub. The agreement gives Qlub employees access to ABHI’s Earned Wage Access (EWA) service.

Taranis Capital and Emaar Executive Company Partner on $2B Project to Develop Next-Gen AI-Ready 50 MW Data Centre Infrastructure in Saudi Arabia
Science & Technology

Taranis Capital and Emaar Executive Company Partner on $2B Project to Develop Next-Gen AI-Ready 50 MW Data Centre Infrastructure in Saudi Arabia

Taranis Capital and Emaar Executive Company’s partnership is supported by the Saudi Investment Promotion Authority (SIPA), as their mutual initiative of carrier-neutral, hyperscaler-ready data centres is highly aligned with Saudi Vision 2030

Governments Are Betting Big on AI and Britain Just Joined the Race With £500 Million Sovereign Fund
News

Governments Are Betting Big on AI and Britain Just Joined the Race With £500 Million Sovereign Fund

From London to Riyadh, states are no longer leaving artificial intelligence entirely to the private sector. Sovereign funds focused on AI infrastructure are becoming the new black and UK is now on trend. 

Banking Digest: Open Finance Goes Global as Fintechs Chase Licenses and Rewrite the Map
Fintech & Ecommerce

Banking Digest: Open Finance Goes Global as Fintechs Chase Licenses and Rewrite the Map

The past two weeks have delivered a concentrated burst of banking news that, taken together, paint a revealing portrait of where the industry is heading: data-sharing frameworks are maturing into serious economic infrastructure, challenger banks are sharpening their geographic focus, and fintechs from Lagos to Idaho are trading operational workarounds for proper banking licences. Here […]

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint
News

Oil Surges as Iran Shuts the World’s Most Critical Energy Chokepoint

Brent crude has surged more than 15% in four days as Iran declares the Strait of Hormuz closed following U.S.-Israeli strikes on Tehran. With a fifth of the world’s oil supply hanging in the balance, analysts are warning of triple-digit prices and a potential global recession.

WALLIX Strengthens Its Cybersecurity Presence in the Middle East
Science & Technology

WALLIX Strengthens Its Cybersecurity Presence in the Middle East

European cybersecurity firm WALLIX has announced plans to reinforce its operations in the Middle East, responding to growing demand for digital sovereignty and robust data protection across the region.

Abhi Hosts Wages Well-Being Workshop in Riyadh to Promote Employee Financial Wellness Aligned with Saudi Vision 2030
Fintech & Ecommerce

Abhi Hosts Wages Well-Being Workshop in Riyadh to Promote Employee Financial Wellness Aligned with Saudi Vision 2030

As Saudi Arabia advances its Vision 2030 workforce reforms, Abhi Saudi convened HR and business leaders in Riyadh to examine how earned wage access (EWA) and financial well-being strategies are reshaping employee engagement, retention, and performance.

AUSTRIACARD Successfully Achieves mada Card Chip Profile Certification
News

AUSTRIACARD Successfully Achieves mada Card Chip Profile Certification

This major regulatory milestone enables AUSTRIACARD to serve banking sector in the Kingdom of Saudi Arabia.

ABHI and KABi Launch Instant Wage Access for Saudi Employees
News

ABHI and KABi Launch Instant Wage Access for Saudi Employees

ABHI and KABi have partnered to bring Earned Wage Access (EWA) to employees in Saudi Arabia, offering instant access to earned salaries and boosting financial flexibility.