Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it plans to open an office in Riyadh in 2025. The office will now aim to strengthen HKEX’s Middle East presence as the Group looks to promote connectivity between China and the Gulf… Read More
Read more in: Asia, Fintech, Global | Tagged hkex, hong kong, middle east, riyadh, saudi arabia
The Saudi Central Bank (SAMA) signed a cooperation agreement with the Monetary Authority of Singapore (MAS) in Riyadh, in the field of Fintech and innovation. The agreement was signed by Ayman Al-Sayari, Governor of SAMA, and Dr. Vivian Balakrishnan, the Minister for Foreign Affairs of… Read More
Read more in: Asia, Fintech, Politics, Legal & Regulation | Tagged central bank, fintech adoption, fintech trends, innovation, mas, mena, mena region, monetary authority of singapore, reserve banks, riyadh, saudi arabia, singapore
Enjaz Payment Services Company, a Fintech company licensed by the Saudi Central Bank announced a partnership with Thunes, a global player focused on cross-border payments. This agreement will help customers in Saudi Arabia “to make instant international transfers globally to bank accounts and digital wallets… Read More
Read more in: Asia, Fintech | Tagged cross-border payments, Cross-Border Transactions, fintech adoption, fintech trends, mena, mena region, middle east, payments, riyadh, saudi arabia, simon nelson, thunes
Visa (NYSE: V), which claims to be the world’s leader in digital payments, announced plans to open a state-of-the art Innovation Center in Riyadh, Saudi Arabia “at the Future Investment Initiative.” The facility, that will be operational by the end of 2023, is “being built… Read More
Read more in: Asia, Fintech, Global | Tagged digital payments, innovation center, mena, mena region, middle east, payments, riyadh, saudi arabia, visa
Avelacom, the low latency connectivity, IT infrastructure and data solutions provider for financial markets, recently announced new optimized routes on its network to Istanbul (Bursa Istanbul), Riyadh (Saudi Stock Exchange, Tadawul) and Tel Aviv (Tel Aviv Stock Exchange, TASE). These routes should help with encouraging… Read More
Read more in: Fintech, Asia, Global | Tagged data, data solutions, financial markets, financial services, infrastructure, istanbul, it, mena, mena region, middle east, riyadh, saudi arabia, tase, tel aviv, tel aviv stock exchange, turkey
Sequoia Capital has reportedly made its first investment in the Gulf / MENA region by leading an investment round for Lean Technologies, a Saudi Arabia-based Fintech company whose founders include the son of the kingdom’s former oil minister, Khalid Al-Falih. Lean Technologies, which allows firms… Read More
Read more in: Asia, Fintech | Tagged abu dhabi, cairo, dubai, egypt, fintech adoption, fintech trends, investment round, lean, lean technologies, london, mena, mena region, middle east, riyadh, saudi arabia, sequoia capital, uae, united states, us
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