
Saudi Fintech Unicorn Tamara Receives UAE Central Bank Licence to Boost Gulf Expansion
Saudi Arabia’s first homegrown fintech unicorn, Tamara has received a restricted finance licence from the UAE’s Central Bank to operate in the country.
Get The Latest Developments in The Growth of Saudi Arabia Straight to Your Inbox and Stay Ahead of The Curve.

Saudi Arabia’s first homegrown fintech unicorn, Tamara has received a restricted finance licence from the UAE’s Central Bank to operate in the country.

Saudi Arabia’s Crown Prince has launched a new PIF owned AI company, HUMAIN to drive global innovation.

Saudi Aramco and BYD, the Chinese electric vehicle manufacturer, have signed an agreement to develop new energy vehicle technologies.

NEOM has signed an investment agreement with Denmark’s GMT Robotics to revolutionize construction on its vast projects in Saudi Arabia with advanced robotics and smart technology.

Apple is set to expand in Saudi Arabia with the launch of an online store in the summer 2025 and finally its first Apple Stores from 2026.

LinkedIn has revealed the Top 10 Saudi Startups List for 2024, highlighting the top companies excelling in attracting top talent.

The world’s largest food and beverage giant, Nestle is due to open its first manufacturing plant in Saudi Arabia in the City of Jeddah.

Rize, a Saudi proptech startup, has secured Sharia certification from the Shariyah Review Bureau for its innovative rent payment solution.

Samsung Pay will be officially launching later this year in Saudi Arabia after the company signed a deal with the Saudi Central Bank.

A new Saudi fintech startup called Barq, led by the former STC Pay CEO Ahmed Alenazi, has been officially launched in Saudi Arabia.
Get the latest developments on The Saudi Boom straight to your inbox and stay ahead of the curve for free.