Saudi Arabia

TeleMoney and Mastercard Partner to Enhance Cross-Border Payments in Saudi ArabiaOctober 20, 2025 — By Jennifer Onyeagoro

Shahzaib5 months ago5 months ago02 mins

TeleMoney, the international remittance arm of Arab National Bank, has partnered with Mastercard to enable seamless global money transfers via Mastercard Move. The partnership supports Saudi Vision 2030 and meets the rising demand for digital remittance solutions. With coverage in over 160 countries and 150 currencies, the collaboration underscores Saudi Arabia’s emergence as a major hub for digital finance and expatriate remittances.

Saudi Arabia Achieves 79% Cashless Transactions, Surpasses 2025 Fintech Target Ahead of Schedule

Shahzaib5 months ago5 months ago03 mins

Saudi Arabia has achieved a 79% cashless transaction rate in 2024, surpassing its 2025 target early. With 280 fintech companies now active, SAMA’s reforms and Vision 2030 programs are driving financial innovation, inclusion, and resilience — positioning the Kingdom as a leading global fintech hub.

Saudi Esports Federation and Riot Games Partner to Strengthen Kingdom’s Gaming Ecosystem

Shahzaib5 months ago5 months ago03 mins

Saudi Esports Federation has signed an MoU with Riot Games to develop Saudi Arabia’s gaming ecosystem through tournaments, education, and community programs. Backed by Vision 2030 and PIF initiatives, the partnership strengthens the Kingdom’s position as a global esports hub.

Saudi Telecom Giant GO Group Launches AI Hub in Pakistan to Boost Digital Collaboration

Shahzaib5 months ago5 months ago03 mins

Saudi Arabia’s GO Telecommunications Group has launched its first AI Hub in Islamabad to strengthen Saudi-Pakistan cooperation in artificial intelligence and digital innovation. The initiative will enable Pakistani freelancers to work remotely with Saudi firms and pave the way for major data and cybersecurity investments.

Saudi IT Minister Meets Nvidia CEO to Advance AI Collaboration

Shahzaib5 months ago5 months ago01 mins

Saudi IT Minister Abdullah Alswaha met Nvidia CEO Jensen Huang in Washington to discuss strategic cooperation on AI infrastructure, aiming to enhance Saudi Arabia’s national capabilities and reinforce its Vision 2030 digital transformation goals.

AI and Digital Payments Fuel Saudi Arabia’s E-Commerce Boom, IMARC Report Finds

Shahzaib5 months ago5 months ago05 mins

Saudi Arabia’s e-commerce market is projected to hit $708.7 billion by 2033, driven by AI, digital payments, and high internet connectivity. Despite challenges like fees and security, Vision 2030 and youth adoption are fueling a cashless, innovation-led retail future.

Gotion High-Tech Unveils All-Scenario Zero-Carbon Solution and 20MWh BESS to Power Saudi Arabia’s Green Transition

Shahzaib5 months ago5 months ago03 mins

Gotion High-Tech debuted its All-Scenario Zero-Carbon Solution and 20MWh BESS at Solar & Storage Live KSA 2025 to accelerate Saudi Arabia’s Vision 2030 goals. The technologies enable large-scale energy efficiency, cost reduction, and sustainable decarbonization across industries.

Commvault Appoints Dr Mazen Abduljabbar as Country Manager for Saudi Arabia

Shahzaib5 months ago5 months ago02 mins

Commvault has appointed Dr Mazen Abduljabbar as Country Manager for Saudi Arabia to lead growth and strengthen cyber resilience efforts. With extensive leadership experience at Alstom and Siemens, he will drive Commvault’s mission to empower Saudi enterprises with advanced data protection solutions.

Saudi Arabia Emerges as a Global Leader in AI Investment and Implementation

Shahzaib5 months ago5 months ago04 mins

Saudi Arabia is emerging as one of the world’s most advanced markets for AI investment, with a 160% increase in AI spending and high readiness for large-scale implementation. Driven by Vision 2030, Saudi organisations are strengthening their data strategies, adopting unified observability platforms, and embracing open standards like OpenTelemetry to accelerate automation and performance excellence across industries.

Deloitte and KAUST Partner to Advance AI Innovation and Talent Development in Saudi Arabia

Shahzaib5 months ago5 months ago04 mins

Deloitte and KAUST have joined forces to accelerate AI research, education, and commercialization in Saudi Arabia, aligning global expertise with Vision 2030’s goals for innovation, sustainability, and human capital development.

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TeleMoney and Mastercard Partner to Enhance Cross-Border Payments in Saudi ArabiaOctober 20, 2025 — By Jennifer Onyeagoro

Saudi Arabia Achieves 79% Cashless Transactions, Surpasses 2025 Fintech Target Ahead of Schedule

Saudi Esports Federation and Riot Games Partner to Strengthen Kingdom’s Gaming Ecosystem

Saudi Telecom Giant GO Group Launches AI Hub in Pakistan to Boost Digital Collaboration

Saudi IT Minister Meets Nvidia CEO to Advance AI Collaboration

AI and Digital Payments Fuel Saudi Arabia’s E-Commerce Boom, IMARC Report Finds

Gotion High-Tech Unveils All-Scenario Zero-Carbon Solution and 20MWh BESS to Power Saudi Arabia’s Green Transition

Commvault Appoints Dr Mazen Abduljabbar as Country Manager for Saudi Arabia

Saudi Arabia Emerges as a Global Leader in AI Investment and Implementation

Deloitte and KAUST Partner to Advance AI Innovation and Talent Development in Saudi Arabia