Saudi central bank licenses two more fintech companies to provide payment services
The Saudi Central Bank said on Tuesday it has granted licenses to two more financial technology companies, International Digital Solutions Co and Azm Fintech Co, to provide payments services, boosting the total number of such licenses to 13.
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Financial centers in the Gulf region are looking to cultivate a financial startup scene to position themselves as regional powerhouses in financial technology, or fintech.
Gulf Capital buys majority stake in US health tech firms for $60 mln, plans to expand
Abu Dhabi begins work on the UAE’s first quantum computer
Russian Soyuz rocket launches into space with satellites from Saudi Arabia, UAE
Gulf Capital buys majority stake in US health tech firms for $60 mln, plans to expandAbu Dhabi-headquartered Gulf Capital announced on Tuesday the acquisition of two healthcare technology companies in the United States for $60 million, ... Technology
Abu Dhabi begins work on the UAE’s first quantum computerWork is underway to build a quantum computer in Abu Dhabi, with the first computer chips expected to be ready for production by the summer of 2021.For ... Technology
Russian Soyuz rocket launches into space with satellites from Saudi Arabia, UAEThe Soyuz 2.1a rocket has launched into space with 38 satellites from 18 countries, including Saudi Arabia and the United Arab Emirates, the Russian ... Gulf