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Asharq Al-Awsat

Business

Cairo - Ahmad Al-Ghamrawi

Saudi Arabia Gears Up to Become Middle East’s Fintech Hub

Saudi Arabia fintech Middle East Kingdom

Within a few months, Riyadh became the second most attractive city in the region for fintech companies (AP)

Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East.

What makes the Kingdom a prominent home for financial technology in the region are several record achievements, foremost of which is the development of infrastructure to be ready for innovative products, and the issuance of legislation aimed at enabling companies and new technologies.

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