Any move by banks toward entering the FinTech space in KSA is considered positive, though each bank has its own strategy.
This article focuses solely on banks' direct investments in FinTech startups, excluding any FinTech venture-building (...)
I received a WhatsApp message from a friend asking if I would recommend attending the 24FinTech event in Riyadh this September from the 3rd to the 5th. I replied, "This event is similar in scale and importance to the Singapore FinTech Festival, but (...)
Saudi Arabia, under its Vision 2030 and Financial Sector Development Program (FSDP) — with the FinTech strategy approved in May 2022 as its fourth pillar, aims to become a cashless society with a target of 70% by 2030. It also aims to make the (...)
Okaz/Saudi Gazette
TAIF — The Criminal Investigation Wing of the Police in the Taif governorate arrested a young Saudi citizen who was accused of brutally killing his newly married wife by smashing her head with a stone and running over her with his (...)
Acting Minister of Media
The celebration of the 60 years of the foundation of Okaz newspaper takes me down memory lane to the period when the media industry was just starting to emerge and flourish in the Kingdom.
Nearly 100 years ago, Saudi (...)
Okaz/Saudi Gazette
JEDDAH — Jeddah College of Advertising (JCA), an affiliate of the University of Business and Technology (UBT), held its fourth graduate exhibition on Wednesday and Thursday. Osama Jannadi, rector of UBT, patronized the event in (...)
قدر الاتحاد أن يبقى شامخاً مهما تكاثر عليه الأعداء وتكالبت عليه الظروف، هذا قدر الاتحاد أن يصارع الظروف ويبقى عنيداً شامخاً لا يأبه بأي كائنٍ كان.. كما قال أحدهم واصفاً حال العميد «الاتحاد عندما يركع يخيفهم وعندما يقف لا يراهم».. وفي لقاء الاتحاد (...)
أسهب الكٌتاب في مدح الاتحاد وتاريخه، وها أنا ذا على خطاهم أسير ولكن من زاوية مختلفة نوعا ما، سأتحدث عن الاتحاد الذي جعل من رحم المعاناة طريقا للإنجازات، ففي بداية تأسيس الاتحاد كان الكثيرون ينظرون لكرة القدم على أنها عار وعيب، لكن أبى الاتحاد إلا (...)
Okaz/Saudi Gazette
TAIF — At least 20 people were injured in road accidents following heavy rain and flooding in Taif on Saturday. The famous Halimah Al-Saadiyah Mosque in Bani Saad area of the city is in complete ruins.
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Okaz/Saudi Gazette
TAIF — The Criminal Court in Taif sentenced a man and his son to a total of 16 years in prison and 4,500 lashes for physically assaulting a judge.
The men were charged with physically assaulting a judge in a court in the north of (...)
TAIF — A woman killed her husband on Sunday by stabbing him in his neck after a fight.
Makkah Police spokesman Col. Ati Al-Qurashi said the woman confessed to the crime and claimed that it was in defense of her two-month old baby.
The woman is in (...)
Hoqail said that the main goal of his ministry under the National Transformation Program 2020 (NTP) is to enable at least 52 percent of Saudis possess a house of their own. The ministry will implement 21 initiatives costing a total of more than SR59 (...)
TAIF — A private hospital in Taif is facing closure after its doctors pronounced a baby dead. The baby, in fact, remained alive several hours after the death declaration.
The baby boy and his twin sister were buried at Al-Abbas Graveyard in Taif (...)
Qasabi said that the Cabinet was briefed on the issues on its agenda, including the issues it has co-participated in their study with the Council of Shura, and decided the following:
First :
The Cabinet approved the following:
1. To authorize the (...)
Naimi, the representative of the Kingdom of Bahrain, addressed the conferees in his capacity as the chairman of the outgoing rotatory presidency of the conference.
He thanked the monarch for hosting the conference and making it a success. He spoke (...)
The Commission for the Promotion of Virtue and Prevention of Vice in Madinah intervened Wednesday morning to break up a gathering of a group of joyriders who were performing various stunts and harassing students of Girls' Middle School No. 46.
The (...)
A senior official in Madinah Municipality is under investigation over corruption charges. He was caught red-handed while accepting some electric appliances from an expatriate as a bribe.
Police sources told Okaz/Saudi Gazette that the official (...)
Rebaian, director of the TV series ‘Al-Sultana' which will be aired this Ramadan, replaced Saudi actress Marwah Muhammad with Emirati actress Badriya Ahmad.
This was due to Marwah's busy schedule, said Al-Rebaian. Marwah is currently working on two (...)
A Taif resident has been arrested for intentionally bumping his car into the vehicle his ex-wife was riding in.
His ex-wife, a 30-year-old woman, sustained fractures in her spinal cord and her veins got ruptured in addition to suffering contusions (...)
Mohandes will travel soon to London to promote his new album which will be released in May. Al-Mohandes will perform songs in different dialects. He is adding the final touches to a new single “Most Precious One”, written by United Arab Emirates (...)
A total of 154 Saudi students who studied in Syria have been given the option by the Ministry of Higher Education to study at home or abroad, said Abdullah Bin Ibrahim Al-Rakban, who was Cultural Attaché at the Kingdom's embassy in Syria.
“In (...)
Female students of Umm Al-Qura University were evacuated after a fire broke out in the university's computer laboratory Saturday.
Seven students were slightly injured and taken to King Abdul Aziz Hospital for treatment. They were discharged soon (...)
Muneef, member of Shoura Council, said in his speech Friday at the third session of the 3rd G20 Speakers' Consultation Meeting in Riyadh, that energy is very important for global economic growth and progress. Throughout history, energy has played an (...)
All technical and financial studies of the SR23 billion fast train network project in Makkah have been completed, and the Makkah Mayoralty will soon sign the contract for its first phase, Dr. Osama Al-Bar, Makkah Mayor, said, adding that the project (...)
The Consumer Protection Association (CPA) is investigating the case of a new car whose airbag opened suddenly while the driver was driving on Madina-Yanbu Highway last week.
Okaz/Saudi Gazette viewed the complaint filed by the driver to the CPA, (...)