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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 fulfill their financial needs safely by applying for a desired amount of cash and getting an immediate initial approval. Cash Jameel’s product, via mobile application, is among the first financial products of its kind
The new budget focuses on promoting economic growth, addressing challenges and empower the private sector.
RIYADH: Saudi Arabia’s benchmark index recovered on Tuesday after registering a massive fall on Monday, signaling the surging volatility in the market. The Tadawul All Share Index on Tuesday gained 25 points to close at 10,444.27 points after touching a low of 10,282.81 at 10:31 a.m. Saudi time. The recovery came close on the heels of the 304 points crash the bourse witnessed
Paymentology, the world’s first truly global issuer-processor, is today proud to announce its support of customer Tweeq, a leading Saudi Fintech, on being among the first in the Kingdom to achieve an e-money license from The Saudi Central Bank (SAMA). With its official SAMA license, Tweeq will soon launch its mobile-first super-app which boasts an ecosystem of features and
Saudi Arabia’s capital markets will play a key role in funding not just private sector investments but also giga-projects such as Neom, the IPO for which is expected in 2024, said S&P Global Ratings.