Saudi Islamic fintech market projected to be worth $47.5bn by 2025

“Most encouraging are the developments in OIC countries where large target markets exist. “This system monitors the payment orders of electronic money units and the issuance of detailed ‘Trail Audit’ reports on payment orders, while linking operations with system users and service providers,” the CBE said in a statement. The number of shoppers in the […]

Turkey bans crypto assets over illegal transaction fears

The booming business of cryptocurrencies has replaced Turks’ rush for gold and real estate as a hedge against the struggling lira and rising interest rates. Regulation in the field of cryptocurrencies was not a new debate for Turkey, where the government expected to achieve some political goals from blockchain technology, according to Dr. Kaya said […]

Tech, digital brands lead top ten influence list in Saudi Arabia

DUBAI: Turkey sold almost 11.7 million tons of gold in February as its currency was hammered by an ongoing economic crisis, new data show. Presence, trustworthiness and leadership were the most critical influence drivers in KSA. Ipsos defines influence under several metrics, including how a brand changes consumers’ behavior, impacts their everyday life, and influences […]