saudi arabia

Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
Saudi Arabia’s Open Banking Plan Aims To Advance Digital Innovation
January 14, 2021  |  International

The Saudi Arabian Monetary Authority (SAMA) is introducing an open banking policy to advance digital innovation in the financial services sector. Saudi Arabia’s central bank...

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Saudi Arabia’s Sovereign Wealth Fund Puts $1.3B Into Reliance Retail
Saudi Arabia’s Sovereign Wealth Fund Puts $1.3B Into Reliance Retail
November 05, 2020  |  International

The Public Investment Fund of Saudi Arabia plans to invest about $1.3 billion for an equity stake of about 2 percent in India’s Reliance Retail...

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Bitcoin Daily: Saudi Arabia Eyes Blockchain Passport For Business; BoE Governor Calls For Global Stablecoin Laws
Bitcoin Daily: Saudi Arabia Eyes Blockchain Passport For Business; BoE Governor Calls For Global Stablecoin...
September 03, 2020  |  Bitcoin

Saudi Arabia has proposed a business passport built off of blockchain technology to help overcome trade finance challenges brought about by the pandemic, CoinDesk reported....

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Saudi Oil Money To Help Power India’s Digital Revolution
Saudi Oil Money To Help Power India’s Digital Revolution
June 18, 2020  |  Investments

Jio Platforms has reeled in another big investor, with Saudi Arabia’s sovereign wealth fund agreeing to pump $1.5 billion into India’s largest mobile commerce company....

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Amazon’s Saudi Arabia eCommerce Site Debuts
Amazon’s Saudi Arabia eCommerce Site Debuts
June 17, 2020  |  Amazon

A conflict between Amazon CEO Jeff Bezos and Saudi Crown Prince Mohammed bin Salman didn’t derail the eCommerce giant’s launch of its new website in...

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Bitcoin Daily: SIMBA Chain Lands $1.5M Blockchain Contract From US Air Force; Centra Tech Co-Founder Pleads In Crypto Fraud Case
Bitcoin Daily: SIMBA Chain Lands $1.5M Blockchain Contract From US Air Force; Centra Tech Co-Founder...
June 17, 2020  |  Bitcoin

The U.S. Air Force has granted blockchain firm SIMBA Chain a $1.5 million check to help create a new blockchain for supply logistics in the...

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BinDawood Prepares First Middle Eastern IPO Since COVID-19
BinDawood Prepares First Middle Eastern IPO Since COVID-19
June 08, 2020  |  IPO

BinDawood Holding is planning to offer an initial public offering (IPO) of its supermarket division by the end of July, in what would be the...

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Finablr’s BayanPay Awarded Payments License From Saudi Authority
Finablr’s BayanPay Awarded Payments License From Saudi Authority
February 26, 2020  |  Digital Payments

Finablr, a global platform for payments and foreign exchange solutions, has announced that its Saudi-Arabia based network brand, BayanPay, has been awarded a license to...

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Saudi Arabia Makes Digital Push To Lessen Cash Reliance
Saudi Arabia Makes Digital Push To Lessen Cash Reliance
February 18, 2020  |  Payments Innovation

Saudi Payments, a state-owned payments apparatus, has partnered with stc pay, another Saudi Arabia payments company, to grow the breadth of its mobile wallet, and...

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