MoneyHash Appoints Abdullah Khayat as Country Director to Lead Expansion in Saudi Arabia

MoneyHash has appointed Abdullah Khayat as Country Director and General Manager for Saudi Arabia, marking a major step in its regional expansion. Backed by over a decade of experience across fintech, government, and enterprise sectors, Khayat will lead MoneyHash’s operations and partnerships as Saudi Arabia accelerates its transition to a cashless economy under Vision 2030. The move underscores MoneyHash’s commitment to driving payment innovation and digital transformation across one of the MENA region’s fastest-growing markets.

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Global Crypto Exchanges Support Saudi Arabia’s Plans to Launch Regulated Stablecoins

Saudi Arabia’s plan to introduce regulated stablecoins is earning strong support from major global exchanges including Bybit and BingX, who see it as a milestone for the region’s digital finance landscape. Backed by the CMA and SAMA, the initiative aims to enhance financial inclusion, speed up cross-border payments, and unlock innovation across fintech, real estate, and retail. As the Kingdom’s fintech sector rapidly expands, stablecoins are poised to become a key pillar of its digital transformation strategy.

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AFS and Reboot01 Partner to Build Bahrain’s Next-Generation FinTech Talent Pipeline

Arab Financial Services (AFS) and Reboot01 have formed a strategic partnership to train and employ Bahrain’s next generation of FinTech professionals. The initiative offers hands-on training, internships, and recruitment opportunities, bridging education with industry needs. With an inclusive, project-based curriculum and a goal of graduating 350 developers annually, Reboot01 and AFS aim to drive Bahrain’s digital economy and regional innovation leadership.

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