Mastercard, a prominent global technology company at the forefront of the payments sector, has joined forces with Checkout.com, a well-regarded global payments solutions provider, and Careem, a renowned 'Everything App' in the Middle East, to…

Saudi Arabia's Crown Prince, Mohammed bin Salman, has inaugurated a fund worth SR750 million ($200 million) aimed at early-stage investments in both local and international high-tech companies. The launch is part of a broader strategy…

Oman's Islamic banking sector has observed a notable increase of 12.6 percent year-on-year in its total assets, reaching a value of 7 billion Omani rials (equivalent to $18.25 billion). The data, released by the country's…

Jordan's foreign exchange reserves have reached a substantial $17.5 billion, a sum capable of covering the country's imports for a period surpassing seven months, as affirmed by Adel Sharkas, the Governor of the Central Bank…

Amidst a rapidly advancing technological landscape, Huawei Mobile Services has emerged as a pioneer by establishing strong collaborative ties with prominent banking applications in Saudi Arabia. Noteworthy partners in this venture include Al-Rajhi Bank, Saudi…