saudi arabia

Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand

Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
Saudi Arabia Builds Smart Warehouses to Meet Booming eCommerce Demand
February 07, 2023  |  eCommerce

Saudi Arabia’s eCommerce sector is set to benefit from major investments in new smart warehouses. In the city of Jeddah, the Saudi Authority for Industrial...

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Microsoft to Launch New Cloud Region in Saudi Arabia
Microsoft to Launch New Cloud Region in Saudi Arabia
February 07, 2023  |  Big Data

Microsoft will launch a new cloud data center region in the Kingdom of Saudi Arabia (KSA). In a statement published on Monday (Feb. 7), Microsoft...

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New Lab Paves Way for Saudi Arabia’s Open Banking Launch
New Lab Paves Way for Saudi Arabia’s Open Banking Launch
January 11, 2023  |  Banking

The Kingdom of Saudi Arabia has launched an Open Banking Lab for banks and FinTechs. The new lab, announced by the Central Bank of Saudi...

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4 Trends Shaping EMEA Banking Sector in 2023
4 Trends Shaping EMEA Banking Sector in 2023
January 02, 2023  |  Banking

In this article, PYMNTS analyzes trends shaping the banking sector in the EMEA region. Zooming in on the different subregions shows that the EMEA banking...

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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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