Digital Banking

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UAE formalizes electronic invoicing model to modernize tax reporting

UAE Ministry of Finance issues Electronic Invoicing Guidelines to support the national e invoicing rollout, advancing digital tax compliance and business automation across the country.

RazaFeb 252 min read

Central Bank of Oman moves to regulate BNPL sector with new licensing rules

The Central Bank of Oman issues new regulations governing Buy Now, Pay Later (BNPL) services, establishing a formal framework for licensing, consumer protection, and fintech oversight in the Sultanate.

RazaFeb 252 min read

Central Bank of Oman moves to regulate BNPL sector with new licensing rules

FintechGovernment & Policy

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Jarir secures preliminary SAMA approval to establish Rifd Integrated Co., a SAR 50 million micro-consumer finance company, partnering with Aman Egypt to expand financial services in Saudi Arabia.

RazaFeb 32 min read

Jarir receives SAMA approval to establish SAR 50 Million Micro-Consumer finance firm

Seed FundingGaming & Entertainment

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

Declic, the Saudi social app backed by 500 Global and Misk, just closed a $1 million seed round to expand across the Gulf.

MoJan 282 min read

Saudi Social app Declic closes $1M Seed Round to expand across the Gulf

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