Kingdom Financial Sector Development Program News Today

RIYADH: Saudi Arabia’s digital economy landscape has earned additional recognition as Saudi Payments, also known as Mada, received the Best Payment Experience of 2023 award at the Seamless Middle East, a commercial technology event held in Dubai. Operating under the umbrella of the Saudi Central Bank, Mada was awarded for its public transport payments services in the Kingdom’s

RIYADH: China, the world’s second-largest economy, is on track to report “far lower growth” over the next decade amid high interest rates, predicted Kenneth Rogoff, an economics professor at Harvard University.

Riyadh [Saudi Arabia], March 7 (ANI/NewsVoir): Leaders of some of the largest financial companies in the world will be among the keynote speakers and participants at the second edition of the Financial Sector Conference (FSC 2023) held in Saudi Arabia next month.

RIYADH: Global and regional economic uncertainty will be one of the key themes of the second edition of the Financial Sector Conference 2023 set to be held in Saudi Arabia on March 15 to 16. The event will take place at the King Abdulaziz International Conference Center in Riyadh and is organized by Saudi Arabia’s Financial Sector Development Program partners, which are the

RIYADH: Saudi Arabia stands to draw enough large-scale investment thanks to its access to natural resources, regulatory changes, and its young population, according to the Saudi Minister of Economy and Planning Faisal Alibrahim. “We have the right kind of incentive structures and governance and processes in order to attract the right kind of investors for the right kind of

RIYADH: With the highest growth rate among the G20 countries, continuous efforts to diversify the economy and a healthy inflow of foreign direct investment, Saudi Arabia’s market performance has been resilient. “Tadawul is by far the largest stock exchange in the Middle East, and it is seeking to become a regional center with cross-listings of companies from other countries in

By publishing ESG disclosure guidelines and advising companies on how to improve their ESG performance, the Saudi Exchange is empowering corporate leaders and investors to unlock new opportunities for growth.

UAE-based fintech Pemo has raised a $12 million Seed round, co-led by Cherry Ventures and Shorooq Partners, with participation from...

Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP), announced today that it has launched its all-in-one spend management platform.

Monsha’at, Saudi Arabia’s General Authority for Small and Medium Enterprises (SMEs), yesterday announced an 884 percent year-on-year increase in SME borrowing on Funding Gate (Tamweel), the online financing platform. While Monsha’at does not lend directly, Funding Gate provides an automated lending platform that aggregates financial products and expedites the delivery of