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Saudi Arabia

Saudi Arabia approves mobile wallet companies

The Saudi Arabia Monetary Authority (SAMA) approved two digital financial services companies to launch full …

Zain KSA amends tower sale terms

Zain Group’s Saudi Arabia unit slightly revised the price of a tower sale and leaseback …

Apple Pay expansion continues

Saudi Arabia and the Czech Republic became the latest markets to gain Apple Pay availability, …

Zain KSA reveals revamped royalty regime

Zain Saudi Arabia signed an agreement with the country’s government which sees a reduction in …

Zain sells Saudi towers to IHS

Zain Group’s Saudi Arabia unit agreed to sell and then lease back its 8,100 mobile …

Mada Pay app brings NFC payments to Saudi Arabia

Visa announced it is working with mada, Saudi Arabia’s national payment system, to build a …

SoftBank earmarks $25B investment in Saudi Arabia

Japan-based SoftBank was tipped to be lining up an investment of as much as $25 …

Saudi Arabia changes course on online calling services

Saudi Arabia lifted a ban implemented in 2013 on online calling services and social media …

Zain Saudi Arabia on brink of $500M towers sale

Zain Saudi Arabia is close to reaching an agreement to sell around 7,500 mobile phone …

Saudi Telecom Company unveils $500M digital VC fund

Saudi Telecom Company (STC) formed a $500 million venture capital fund, a move it said …