Aramco’s Entrepreneurship Arm Wa’ed Invests $500k in Fitness App
Wa’ed, the entrepreneurship arm of Saudi Aramco, has announced a $500,000 bridge investment in GetMuv, the Jeddah-based app dedicated to fitness clubs and health...
NCB Completes $1.25bn Additional Tier 1 Sukuk Issue
National Commercial Bank (NCB) completed issuing additional Tier 1 sukuk at a value of $1.25 billion (SAR 4.69 billion), according to a bourse statement.
The...
UAE, Gulf Stock Markets Slip as Pandemic and Growth Worries Boil...
The UAE and other Gulf stock markets dropped in early trade Thursday, much in line with how their global counterparts were performing. The pandemic...
QIB Launches New Digital H2H Payment Management Solution
Qatar Islamic Bank (QIB) has launched a new integrated Host-to-Host (H2H) Online Payment Management solution for its large corporate customers, in line with the...
Bahrain’s Investcorp Launches Its Own Fintech Platform
Bahrain's asset management company Investcorp has launched a new platform dedicated to emerging 'fintech' opportunities.
Investcorp iPartners, as it will be known, will allow investors...
Tamam App Launches Shariah-Compliant Microfinance Scheme
Tamam Financing Company (Tamam), the financial technology (fintech) has been officially licensed by the Saudi Central Bank (SAMA) as the first company to provide...