Saudi issues rules regulating ‘Buy Now Pay Later’ companies
Saudi Arabia
The Saudi Central Bank (SAMA) has issued “Rules for regulating buy now pay later (BNPL) companies”, as part of its role in supervising...
Lendo Secures $28M in Series B Funding Led by Sanabil Investments, Gears Up for IPO
Saudi Arabia
Lendo, a Saudi Arabia-based shariah-compliant debt crowdfunding marketplace, has raised SAR 105 million ($28 million) in Series B funding led by Sanabil...
Saudi Arabia offers 30-year tax relief plan to lure regional corporate HQs
Saudi Arabia
The Ministry of Investment of Saudi Arabia (MISA), in coordination with the Ministry of Finance and the Zakat, Tax and...
Zain KSA expands 5G network reach to 64 cities
Saudi Arabia
After launching the first zero-emission 5G network worldwide, Zain KSA announced the expansion of its 5G services to cover ten additional cities, including...
B2B marketplace Retailo raises $15 million to accelerate expansion
Saudi Arabia
Retailo, Saudi Arabia’s leading B2B digital distribution company, has raised $15M to further strengthen its existing operations, expand new verticals and deepen its...
