Tag: Saudi Arabia
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GCC Fintech Enters New Era as Saudi Arabia Issues First Open Banking Licences and Blockchain Payments Go Live
Saudi Arabia's SAMA has issued its first live open banking licences, transitioning from sandbox to full commercial operations, while Riyad Bank and Bahrain have completed live blockchain payment pilots — marking a turning point for GCC financial services innovation.
GCC Construction Market Set for H2 2026 Recovery After Iran-War Slump Cuts Q1 Awards 9.7%
The GCC's construction and projects market absorbed its sharpest shock in years during the first quarter of 2026, as the US-Iran conflict triggered a...
Saudi Arabia’s PIF Raises $15 Billion Green Bond: Largest Sovereign Green Issuance in GCC History
Saudi Arabia's Public Investment Fund (PIF) has successfully priced a USD 15 billion green bond issuance across 5-year, 10-year, and 30-year tranches, the largest...
Saudi Arabia Economy 2026: GDP, Oil Dependency, Vision 2030 Diversification and Outlook
Saudi Arabia is the Arab world's largest economy and one of the world's most consequential energy producers. In 2026, the Kingdom is at a...
Saudi Vision 2030 Halfway Milestone: Key Non-Oil GDP Achievements and What Comes Next
Saudi Arabia has passed the midpoint of its transformative Vision 2030 programme, and the kingdom's own National Competitiveness Center reports that 87 percent of...
