saudi arabia

How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022  |  Investments

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the...

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Middle East Becomes IPO Oasis Amid Cooling Financial Markets
Middle East Becomes IPO Oasis Amid Cooling Financial Markets
December 14, 2022  |  IPO

The Middle East has become a bright spot among financial markets as IPO activity declines. Initial public offerings (IPOs) in that part of the world...

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Tech and Capital Markets Reform Fuel GCC IPO Boom
Tech and Capital Markets Reform Fuel GCC IPO Boom
November 29, 2022  |  Markets

It’s been a dry year for initial public offering (IPO) volume around the world. But while most stock markets have experienced a decline in both...

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Saudi British Bank Partners With Cybersource to Accelerate eCommerce Growth
Saudi British Bank Partners With Cybersource to Accelerate eCommerce Growth
November 28, 2022  |  Partnerships

Saudi British Bank (SABB) announced it has inked a strategic partnership with Cybersource to foster the bank’s growth in the eCommerce space, according to a...

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Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
November 22, 2022  |  Spend Management

The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the...

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Neobank Licensing Sets Stage for Saudi FinTech Acceleration
Neobank Licensing Sets Stage for Saudi FinTech Acceleration
November 15, 2022  |  Banking

In the evolution of FinTech in any given market, there are certain phases and milestones that can be observed. For example, the development of payment...

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EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
EV Manufacturing, Micro-Mobility Enable Middle East Transport Electrification
November 09, 2022  |  Transportation

As world leaders gather in Egypt this week for the COP27 climate summit, the question of how best to approach fossil fuels is being hotly...

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Saudi Arabia Central Bank Launches Open Banking Framework
Saudi Arabia Central Bank Launches Open Banking Framework
November 04, 2022  |  Europe

The Central Bank of Saudi Arabia (SAMA) on Wednesday (Nov. 2) announced the launch of its open banking framework, which includes a set of legislation,...

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PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
July 20, 2022  |  Europe

In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country...

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