WEF26: Saudi Arabia becoming ‘a connector economy’ as world trade evolves
Davos, Switzerland, 23 January 2026 – His Excellency Majid A. Alkassabi, Saudi Arabia’s Minister of Commerce, today at the World…
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Gold Price Rally Drives BingX TradFi Trading Volume to AED 3.67 Billion in 24 Hours
BingX, a leading crypto exchange and Web3-AI company, today announced aremarkable milestone for its TradFi offerings, achieving a 24-hour tradingvolume…
ThetaRay Appoints Financial Markets Technology Leader BradLevy as Chief Executive Officer
Former Symphony CEO to lead ThetaRay’s next phase of AI-driven category leadership in transaction monitoring and due diligence NEW YORK…
Trango Tech Expands Mobile App Development Services Across the GCC with Dedicated Teams in the UAE and KSA
The global company is strengthening its regional presence with offices in Dubai, Abu Dhabi, Riyadh, Jeddah, and Dammam. Dubai, UAE,…
Libya’s state mobile company Almadar to launch 5G services soon
Almadar Aljadid has completed final technical preparations to launch Libya’s first national 5G service. The rollout supports the country’s digital transformation agenda, aims to deliver world-class connectivity, and positions Libya within the global landscape of modern telecommunications.
Abu Dhabi becomes home to newest Centre for the Fourth Industrial Revolution
Abu Dhabi has launched a new Centre for the Fourth Industrial Revolution in partnership with the World Economic Forum, focused on quantum, robotics, space systems, and AI. Led by TII, the Centre will accelerate responsible deployment of frontier technologies, strengthen global policy leadership, and position the UAE as a premier hub for advanced innovation.
DEFENSEUAE President visits UMEX and SimTEX 2026
UAE President Sheikh Mohamed bin Zayed toured UMEX and SimTEX 2026 in Abu Dhabi, reviewing global advances in unmanned systems, AI, robotics, and simulation. He highlighted the exhibitions’ role in global knowledge exchange and in reinforcing the UAE’s position as a hub for future technologies across civil and defence sectors.
Saudi Arabia’s KAUST university seeks global VC money after spinouts raise $1bn
KAUST spinouts have raised over $1bn, marking Saudi Arabia’s emergence as a serious deep-tech hub. The university is now courting global VCs, corporates, and accelerators to expand its funding base, accelerate clean-tech and critical-minerals innovation, and de-risk early-stage research under Vision 2030’s diversification drive.
NowPay raises a $20M Investment to Launch Saudi Arabia Operations in Partnership with Tas’heel
NowPay has raised $20 million to launch operations in Saudi Arabia through a new joint venture, NowAccess, with Tas’heel. The partnership brings payroll, earned wage access, and financial wellness solutions to the Kingdom, aligning with Vision 2030 and positioning NowPay at the forefront of Saudi Arabia’s HR and fintech transformation.
EdfaPay Launches Smart SoftPOS Services in Saudi Arabia Following SAMA Approval
EdfaPay has launched Smart SoftPOS in Saudi Arabia following SAMA approval, enabling merchants to accept contactless payments on Android devices without hardware terminals. The unified, API-driven platform supports banks, fintechs, and enterprises with white-label solutions, accelerating cashless adoption and modernising the Kingdom’s payments ecosystem.