Bahrain-based digital consumer finance platform Skyro said it plans to expand into Saudi Arabia and has appointed former Mastercard executive Maria Medvedeva as managing director for the Middle East. In her new role, Medvedeva will oversee Skyro’s market entry in Saudi Arabia and its broader expansion across the region, including regulatory engagement, partnerships, local operations
Money20/20 Middle East, the region’s home for the global money ecosystem, will return to Riyadh from 14–16 September 2026, bringing together regulators, financial institutions, fintech innovators, investors and technology leaders. Hosted by the Financial Sector Development Program (FSDP), Saudi Central Bank (SAMA), Capital Market Authority (CMA) and Insurance Authority (IA), and co-organised by Tahaluf and
Fairmont Makkah combines one of the most recognizable hotel addresses in Saudi Arabia with something that matters deeply to pilgrims: immediate access to Masjid al-Haram. Officially known as Makkah Clock Royal Tower, A Fairmont Hotel, the property rises within the Clock Towers complex in the heart of Makkah. Its location, scale and views have made
Four Points by Sheraton Riyadh – King Abdulaziz Road, owned by ALMARIA Investment Company, has received the 2026 EMEA New Hotel Opening Award at a Marriott International awards ceremony held in London, United Kingdom. Commenting on the achievement, Mr. Waleed Alhmali, CEO of ALMARIA Investment Company, said: “We are incredibly proud to receive this prestigious
The Saudi Central Bank (SAMA) reported that the value of transactions processed through SAMA’s instant money transfer system jumped by 26.1 percent year-on-year to SR7 trillion in June 2026, compared to SR 5.5 trillion in June 2025. The report indicated that total customer payments reached SR1.6 trillion in June 2026, up from SR1.4 trillion in
IHG Hotels & Resorts, one of the world’s leading hospitality companies, has signed a franchise agreement with Morina Development & Investment Co. LLC to introduce Cantonal Hotel Riyadh Noted Collection by IHG to the Kingdom. The signing marks the first Noted Collection hotel in the Middle East and a significant milestone for IHG’s premium collection
Si-Ware Systems, a global leader in MEMS sensing and semiconductor technologies, and Saudi Electronic Materials Company (SEMC), a Saudi-based developer of semiconductor materials and fabrication technologies, have signed a Memorandum of Understanding (MoU) to collaborate on the advancement of MEMS sensing technologies in the Kingdom of Saudi Arabia. The partnership establishes a framework for joint