Page 3 - Financial Sector Development Programme News Today

Saudi Tadawul Group (STG) has announced that its key subsidiary, Tadawul Advanced Solutions Company (Wamid), has completed the acquisition of DirectFN, a leading capital markets data solutions provider, in a deal worth SR134 million ($36 million).

Saudi Arabia-based fintech Hakbah has closed a $2 million pre-Series A funding round, financed by Global Ventures and Aditum Investment...

Saudi Venture Capital Company (SVC) has launched an $80 million Investment in Fintech VC Fund, in partnership with the Capital Market...

The 2nd Edition of the Financial Sector Conference (FSC 2023) will explore the extent to which financial institutions are resilient and coping with the new financial landscape, characterised by rapid technology development.

Ozone API representatives have revealed a potential release timeframe for Saudi Arabias new online payments guidelines in early 2023.

Abdul Latif Jameel Finance has announced the launch of a mobile application for its ‘Cash Jameel product’, an Islamic Tawarruq product that allows individuals to get an immediate initial approval.

Saudi-based Rassanah Capital, the latest investment firm having secured licence this year, has assigned Shariyah Review Bureau (SRB) to supervise its compliance requirements.

The Saudi Exchange has celebrated the listing of International Human Resources Company, also known as Aldawliah or iHR, on Nomu, its Parallel Market.

Saudi Central Bank (SAMA) announced Thursday the launch of a point of sale (POS) service between the Saudi payments network (Mada) and Qatar's National ATM and

Bahri, a global leader in logistics and transportation, has said its SR3.9 billion ($1.04 billion) Saudi Riyal-denominated seven-year senior unsecured sukuk has been oversubscribed by 1.95 times. This strategic transaction represents a key milestone for