FinTech

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  CMA Approves Regulatory Framework for Simplified Investment Funds

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  Muhlah Secures $7.5 Million Seed Round to Expand Sharia-Compliant Financing Solutions in Saudi Arabia

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  FRA Approves Launch of Granite Dollar Investment Fund

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  (SAMA Grants HyperPay the NPG Certification

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  MoneyHash Announces Partnership with Wayl to Support Digital Payments and E-Commerce Services in Iraq

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  Morocco’s WafR Raises $4 Million in Seed Funding Led by LoftyInc Alpha

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  Madfou’ Raises $25.5 Million in Pre-Series A Round to Support Digital Solutions for the Commerce and Services Sector in Saudi Arabia

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  SAMA Issues Initial Approval to Establish Rifd Integrated Company for Micro Consumer Finance Services

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  SAMA Licenses “alhulul almuntilaqa” Company to Provide Consumer Microfinance Solutions

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  FRA Grants Granite Holding a License to Operate Technology-Based Non-Banking Financial Activities