Tagged: saudi arabia capital market authority

Saudi Arabia-based Riyad Bank Invests $26.7 Million into its Newly-Launched Fintech Startup Investment Program

Saudi Arabia-based Riyad Bank, one of the largest financial institutions in the Middle Eastern Kingdom, has decided to invest SAR 100 million (appr. $26.7 million) into its newly-launched Fintech startup investment program. Riyad Bank says it’s planning to accelerate the launch of new financial products… Read More

Saudi Arabia Capital Markets Authority Opens Second Batch of Applications for Fintech Experimental Permits

On Monday, the Saudi Arabia Capital Market Authority announced it was opening applications for the second batch of the country’s Financial Technology Experimental Permit (FinTech ExPermit). Last year, the Authority announced the establishment of the FinTech ExPermit and opened the first batch of applications for… Read More

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