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In a country long cut off from the global financial system, the sudden reopening of doors to international markets has created a rare moment of transformation. Syria, with its 24 million people and a heavily cash-dependent economy, is emerging as a unique testing ground for blockchain and Web3 solutions. With U.S. sanctions eased for the first time in more than a decade, opportunities once unimaginable are now within reach.To understand what this shift means for Syrians and how digital assets could reshape their financial future, Bader Kalooti, Regional Growth and Operations Lead for MENASAT at Binance, discussed the company’s entry into Syria and the role blockchain can play in rebuilding trust, driving inclusion, and connecting a young, eager population to the global economy.
Why does...
September 17, 2025
Breaking barriers as Binance brings global finance to Syria
As Saudi Arabia enhances its transformation under Vision 2030, fintech has become one of the Kingdom’s most dynamic and fast-growing sectors.Supporting the vision, Fintech Saudi has partnered with Jeel a leading technology ecosystem provider and accelerator, powered by Riyad Bank, to drive innovation and strengthen the national fintech ecosystem.Through this collaboration, Jeel has launched its Jeel Sandbox as the pioneering technical platform for the Saudi fintech community, empowering the development, experimentation, and licensing journey in partnership with Fintech Saudi.It enables innovators, startups, and financial institutions to safely test and scale their ideas. This milestone represents one of the first initiatives of its kind in Saudi Arabia — a significant step toward...
September 17, 2025
Jeel, Fintech Saudi to accelerate financial innovation in the Kingdom
September 16, 2025
barq signs 3 agreements with global and local companies to develop digital and technological payment solutions
September 16, 2025
Value Makers Studio announces strategic investments in Ballurh and Arab Therapy, alongside VMS Bridge 2025
On the first day of Money20/20 Middle East conference, being held in Riyadh, barq for Digital Payments signed three strategic agreements aimed at developing digital payments in Saudi Arabia and the region.barq signed a strategic partnership with Thunes, represented by Thamer Alharbi, Director of International Partnerships at barq, while Thunes was represented by Ahmed Yaqoub, Vice President of Business Development.barq also signed a Memorandum of Understanding with Moysar, represented by Muath Alsadhan, General Manager of Partnerships at barq, while Moysar was represented by Mishari AlFaryan, Chief Operating Officer.On the sidelines of the conference, barq signed a strategic partnership with OneCard, represented by Basel Alhussan, Director of Product Factory at barq, while OneCard was...
September 16, 2025
barq signs 3 strategic agreements on first day of Money20/20 Middle East in Riyadh
September 16, 2025
barq wins 3 awards from Visa at Money20/20 Conference
IFS, the leading AI and software cloud platform, has always believed Industrial AI to be the catalyst for industrial change, enabling organisations to achieve tangible business outcomes.The IFS Connect MEA 2025 showcased the real value of Industrial AI that lies in turning data into decisions.Speaking of the event and what it stood for, Mark Moffat, CEO of IFS, said, “These are decisions that drive efficiency, resilience and long-term growth across defence, telecom, utilities, energy, aviation and manufacturing. What excites me is that this isn’t just about technology; it’s about empowering people, industries, and nations to thrive in an AI-driven economy. And IFS is proud to stand shoulder-to-shoulder with our customers in that journey.”IFS Connect MEA 2025 spotlighted the...
September 16, 2025
Industrial AI boosts innovation at IFS Connect in Riyadh
HALA Holding, Saudi Arabia’s leading fintech and provider of embedded financial services to micro, small and medium enterprises, has raised $157 million in a Series B investment round — officially one of the largest fintech Series B funding rounds in the Middle East.The funding round is led by The Rise Fund, TPG’s multi-sector global impact investing strategy, and Sanabil Investments, a wholly owned company by the Public Investment Fund (PIF), with participation from QED, Raed Ventures, Impact 46, Middle East Venture Partners (MEVP), Isometry Capital, Arzan VC, BNVT Capital, Kaltaire Investments, Endeavor Catalyst, Nour Nouf Ventures, Khwarizmi Ventures, and Wamda Capital.These funds will be utilized to strengthen HALA’s position in the Saudi market and offer more embedded...
September 15, 2025
TPG, Sanabil lead $157 million fundraise for Saudi fintech HALA
Sahm Capital, a fintech-driven financial company licensed by the Capital Market Authority, announced Sunday the appointment of Fayik Abdi, Saudi Arabia’s first Winter Olympian, as its official brand ambassador.
Fayik made history by representing the Kingdom at the Winter Olympics, becoming a symbol of determination and ambition. His journey has been hailed as reflecting the spirit of a new generation of Saudis exploring new frontiers and redefining what is possible.
“At Sahm Capital, we see the very same qualities in our investors and our people: ambition, resilience, and a forward-looking mindset,” said Mohammed Asiri, CFO of Sahm Capital. “Fayik’s achievements underscore our vision of enabling progress and creating opportunities for growth in line with Saudi Arabia’s...
September 14, 2025
Sahm Capital names Saudi Olympian Fayik Abdi as brand ambassador
September 12, 2025
Saudi Arabia Jewellery Exposition 2025 opens in Jeddah
