Saudi Arabia - page 2

ABHI Partners with Bayut KSA to Offer Instant Salary Access for Employees
Fintech & Ecommerce

ABHI Partners with Bayut KSA to Offer Instant Salary Access for Employees

ABHI Saudi and Bayut KSA have teamed up to give employees a new level of financial flexibility, enabling instant access to earned wages and redefining how professionals manage their pay in the Kingdom.

Saudi BNPL Landscape Expands With Tabby Displaying Valuation Surge While Tamara Secures UAE Central Bank License
News

Saudi BNPL Landscape Expands With Tabby Displaying Valuation Surge While Tamara Secures UAE Central Bank License

Together, Tabby valuation surge and Tamara regulatory milestone paint a clear picture of a rapidly maturing and increasingly institutionalized BNPL landscape in Saudi Arabia.

Global Islamic Finance Assets to Reach $9.7T by 2029
News

Global Islamic Finance Assets to Reach $9.7T by 2029

The findings of the 2025 Islamic Finance Development Indicator (IFDI) Report reflect how Islamic finance is evolving beyond its traditional markets to become a more dynamic and globally integrated part of the financial system, with assets expected to surge to $9.7 trillion by 2029.

Fintechs Double Down on AI: Revolut Buys Swifty, Klarna Joins Google AP2, Tabby Builds AI Factory, Singlife Teams with Salesforce
Fintech & Ecommerce

Fintechs Double Down on AI: Revolut Buys Swifty, Klarna Joins Google AP2, Tabby Builds AI Factory, Singlife Teams with Salesforce

Major fintech firms continue to accelerate their AI initiatives. Today, several AI-related deals were announced, involving Tabby, Revolut, Klarna, Singlife and Salesforce.

22nd Edition Connected Banking Summit – Innovation & Excellence Awards 2025
Fintech & Ecommerce

22nd Edition Connected Banking Summit – Innovation & Excellence Awards 2025

Riyadh, Saudi Arabia – The International Centre for Strategic Alliances (ICSA) is proud to announce the 22nd Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025, set to take place on November 4th, 2025, in Riyadh. 

Saudi Fintech Unicorn Tamara Secures Up to $2.4B to Expand Credit and Payment Products
News

Saudi Fintech Unicorn Tamara Secures Up to $2.4B to Expand Credit and Payment Products

Tamara raised fresh asset-backed funding facility from major financial institutions, including Goldman Sachs, Citi, and Apollo funds.

Saudi’s Ninja Becomes Quick Commerce Unicorn in Record Time
Fintech & Ecommerce

Saudi’s Ninja Becomes Quick Commerce Unicorn in Record Time

In just three years, Ninja has grown from a small startup to a regional quick commerce market leader worth over $1,5 billion.

Saudi Arabia Launches New AI Company
News

Saudi Arabia Launches New AI Company

Saudi Arabia has launched a company to invest across the artificial intelligence value chain.

First Saudi IPO Since Tariff Shock Draws $20 Billion in Orders
News

First Saudi IPO Since Tariff Shock Draws $20 Billion in Orders

Saudi packaging manufacturer United Carton Industries Co. drew more than $20 billion in orders for its initial public offering (IPO) of shares.

Female Entrepreneurs Strive in Middle Income Nations Focusing on Domestic Markets
News

Female Entrepreneurs Strive in Middle Income Nations Focusing on Domestic Markets

The majority of the countries where male early-stage entrepreneurial activity rates exceed that of females by five percentage points or more belong to the high-income group.

Saudi Arabia Announces $14.9B AI Investment
Science & Technology

Saudi Arabia Announces $14.9B AI Investment

In partnership with global tech leaders, the Kingdom of Saudi Arabia prepares the fertile ground for local AI development, dedicating almost $15 billion to advanced AI-powered projects.

Tarabut & Geidea to Explore SME Financing
News

Tarabut & Geidea to Explore SME Financing

Tarabut Gateway and Geidea partnered to improve financing access for small and medium-sized enterprises (SME) in Saudi Arabia.

General Catalyst Makes First Investment Into Saudi Arabia
Fintech & Ecommerce

General Catalyst Makes First Investment Into Saudi Arabia

General Catalyst, a Silicon Valley venture capital company, has made its first investment in Saudi Arabia.

Gulf IPOs See Growing Demand
Finance & Economics

Gulf IPOs See Growing Demand

Investors began to pay more active attention to initial public offerings (IPOs) of shares in the Persian Gulf countries, where recently companies from various areas of activity, including healthcare, beauty industry, and retail, were preparing to list their stocks against the background that the economy of this region is undergoing a process of diversification, gradually […]

Middle Eastern Funds Invest Billions of Dollars Into AI Startups
Science & Technology

Middle Eastern Funds Invest Billions of Dollars Into AI Startups

Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.

Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia
Fintech & Ecommerce

Revolut Reportedly Seeks to Expand Into UAE and Saudi Arabia

The media reports that Revolut, a fintech company based in the United Kingdom, currently has plans to expand the scope of its activities in the Gulf Cooperation Council (GCC) member countries.