Kingdom

Fintactics announces its new ventures Holoul and Leza'am; Signs MOU with Aion Digital and Bitfy Holdings at Trescon's World Fintech Show

Retrieved on: 
Tuesday, December 6, 2022
Aion, Science and technology in Asia, Capital, CMA, Go to market, Chief digital officer, InterContinental, Partnership, CFOS, SAR, SAMA, Fraud, MENA, GCC, Business transformation, Distributed ledger technology law, Operational technology, Blockchain, Vision 2030, AML, Organization, Risk management, Financial technology, Success, VC, Weapon, Management, Cryptocurrency, Kingdom

The event witnessed the launch of Fintactics Studio and its commitment to shape the future of fintech in the Kingdom of Saudi Arabia.

Key Points: 
  • The event witnessed the launch of Fintactics Studio and its commitment to shape the future of fintech in the Kingdom of Saudi Arabia.
  • World Fintech Show played host to the announcement and commencement of numerous partnerships.
  • Utilizing the opportunity of being preset at World Fintech Show, the launch of the most recent Fintactics Venture, Holoul was announced.
  • In keeping with the Saudi residents' Vision 2030, Holoul is a digital mortgage platform that focuses on facilitating and enhancing homeownership.

Biomerica Receives KFDA and Ministry of Health Approval for Colorectal Screening and Breast Screening Tests in Saudi Arabia and UAE

Retrieved on: 
Thursday, December 8, 2022
Breast cancer, Woman, Colorectal cancer, Physician, Breast, Incidence, Ministry, Prevalence, Food, FDA, Colon, Sale, Cancer, Female, Emirates, Environment, EZ, Archive, Kingdom, Ministry of Health (Saudi Arabia), Biomedical technology, KFDA, Research, Patent, Government agency, United Arab Emirates, Public health, Medical imaging, Health

It’s the only test with no stool handling and suitable for national screening campaigns due to its convenience and cost-effectiveness.

Key Points: 
  • It’s the only test with no stool handling and suitable for national screening campaigns due to its convenience and cost-effectiveness.
  • The Aware® Breast Self Exam is a revolutionary way for women to enhance the tactile sensitivity to feel abnormalities in breast tissue.
  • About 80% of breast cancer cases are detected because women themselves notice changes in their breast (Cancer 2014; 120:20-5).
  • The Company's products are designed to enhance the health and well-being of people, while reducing total healthcare costs.

African Development Fund mobilizes $8.9 billion for Africa’s low-income countries, the highest in its 50-year history

Retrieved on: 
Tuesday, December 6, 2022
Fund, Woman, ADF, Electricity, Agenda, African Development Bank, African Union, Water, Climate change, Capacity building, Economic development, NTF, Climate, International financial institutions, Sustainable Development Goals, COVID-19, Sustainable development, Kingdom, Akinwumi Adesina, History, Sustainable Development Goal 13, Agriculture, Renewable energy

ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income countries.

Key Points: 
  • ADF is the concessional window of the African Development Bank Group, providing grants and soft loans to the continent’s low-income countries.
  • The $8.9 billion replenishment package includes $8.5 billion in core ADF funding and $429 million for the newly created Climate Action Window.
  • They will allow the African Development Fund to build on its reputation as being ranked the second-best concessional financing institution in the world.
  • It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF).

AM Best Affirms Credit Ratings of Société Centrale de Réassurance

Retrieved on: 
Friday, December 16, 2022
Finance, Consulting, Banking, Professional Services, Insurance, Credit, AM Best, CDG, AM, ALL, MAD, News, Insurance, ERM, Good, Kingdom, Risk, SCR, Risk management, Bank

AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Socit Centrale de Rassurance (SCR) (Morocco).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of bbb (Good) of Socit Centrale de Rassurance (SCR) (Morocco).
  • The outlook of these Credit Ratings (ratings) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Bests Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

The Saudi Fund for Development Lays the Foundation Stone for an Infrastructure Development Project in the Republic of Albania

Retrieved on: 
Wednesday, December 14, 2022
Philanthropy, Other Construction & Property, Other Philanthropy, Construction & Property, Foundation, Urban Planning, Water, Fund, Electricity, Coastal Road (Mumbai), Saudi Fund for Development, Facility, Excellency, Sustainable Development Goal 11, City, Coastal Road, Ambassador, Adequate Public Facilities Ordinance, Government, Rehabilitation, Multimedia, Growth, Republic, SFD, Road, Renewable energy, Oil, Kingdom

The project is funded by SFD with a development soft loan of USD30 million.

Key Points: 
  • The project is funded by SFD with a development soft loan of USD30 million.
  • In recognition of the Kingdoms development efforts through SFD in the Republic of Albania since 2009, H.E.
  • Commenting on the project, Dr. Saud Al-Shammari noted that this project signifies the commitment from the government of the Kingdom of Saudi Arabia, through SFD, to supporting development projects in the Republic of Albania.
  • He praised the joint development efforts with the Republic and wished the Albanian government and people further progress and prosperity, emphasizing that this project signifies great development in the country.

Mawi DNA Technologies and BIOTESSIA Sign Agreements with Moroccan Ministries to Explore Manufacturing Joint Venture

Retrieved on: 
Tuesday, December 13, 2022
COVID-19, Medical Devices, Infectious Diseases, Genetics, Health Technology, Biotechnology, AIDS, Health, General Health, HIV, MIC, USAID, Skin, Investment, Infection, Memorandum of understanding, Kingdom, DNA, Excellency, Collection, Soil, Human resource policies, DNP, COVID-19, Geography, Integrated DNA Technologies, Nucleic acid thermodynamics, CTC, Mawi, Commerce, Health, Temperature, Memorandum, RNA, Evaluation, Vaccine

"We are excited for the opportunity to expand into Africa through this joint venture with BIOTESSIA as we feel our technology offers unique solutions that directly address the challenges of collecting viable biological samples throughout the African continent, said Dr. Bassam El Fahmawi, Ph.D., CEO at Mawi DNA Technologies.

Key Points: 
  • "We are excited for the opportunity to expand into Africa through this joint venture with BIOTESSIA as we feel our technology offers unique solutions that directly address the challenges of collecting viable biological samples throughout the African continent, said Dr. Bassam El Fahmawi, Ph.D., CEO at Mawi DNA Technologies.
  • Mawis HemaSure blood collection technology is already being deployed in Kenya for HIV monitoring through a USAID funded program.
  • This will be accomplished via the unique and innovative biosampling technology set forth by Mawi DNA.
  • Mawi DNA Technologies, founded in 2013, has developed and commercialized the iSWAB technology, an innovative system for collection of biosamples.

Saudi Arabia Buy Now Pay Later Markets Report 2022: BNPL Payments are Expected to Grow by 61.2% to Reach $1,067.7 Million by the End of 2022 - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Friday, December 9, 2022
Professional Services, Finance, Online, Spend, Travel, Local Investing Opportunity Network, GCC, Market share, United Arab Emirates, Visa, Operational definition, Generation Z, Central bank, Air Canada, Saudi Central Bank, Growth, Spirit Airlines, Traction, Oil, Online shopping, Weapon, Cryptocurrency, Airline, Renting, Kingdom, Health care

BNPL payments are expected to grow by 61.2% on an annual basis to reach US$1,067.7 million in 2022.

Key Points: 
  • BNPL payments are expected to grow by 61.2% on an annual basis to reach US$1,067.7 million in 2022.
  • BNPL payment adoption is expected to grow steadily over the forecast period, recording a CAGR of 31.6% during 2022-2028.
  • The BNPL Gross Merchandise Value in the country will increase from US$662.2 million in 2021 to reach US$5,537.8 million by 2028.
  • Markets like Saudi Arabia also have experienced a rapid increase in short-term credit options, such as buy now pay later (BNPL), in the aftermath of the global pandemic outbreak.

Bayonetta Origins: Cereza and the Lost Demon Coming to Nintendo Switch on March 17, 2023

Retrieved on: 
Friday, December 9, 2022
Technology, Electronic Games, Teens, Children, Entertainment, Millennials, Software, Family, Consumer, Consumer Electronics, Scarlet, Nintendo, The Game Awards, Video, The Legend of Zelda, Xenoblade Chronicles, Name, Most, Hell, Wave 4, Lost, Kingdom, Splatoon, DLC, Wahoo, TGA, History of the Nintendo Entertainment System, Fire, Business, Fire Emblem, Running, Nintendo of America, Inc. vs. Blockbuster LLC., Tears, Blade, Multimedia, Nintendo Switch, Marketing, Legend, LIVE, The Gates of Hell, Shadow Dragon, Video game console, Video game, Bayonetta, Cereza

During this years Game Awards ceremony, Nintendo debuted two world premiere trailers for games coming to the Nintendo Switch system.

Key Points: 
  • During this years Game Awards ceremony, Nintendo debuted two world premiere trailers for games coming to the Nintendo Switch system.
  • The first was the reveal of Bayonetta Origins: Cereza and the Lost Demon , a new take on the Bayonetta series starring Cereza, a young apprentice witch before she would come to be called Bayonetta.
  • View the full release here: https://www.businesswire.com/news/home/20221208006112/en/
    The Bayonetta Origins: Cereza and the Lost Demon game, a new take on the Bayonetta series, launches for Nintendo Switch on March 17, 2023.
  • In fact, a brief playable teaser for Bayonetta Origins: Cereza and the Lost Demon can be accessed within the Bayonetta 3 game!

Saudi Arabia NFT Market Intelligence and Future Growth Dynamics Report 2022: A $1.59 Billion Market by 2028 - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 8, 2022
Professional Services, NFT, Spend, Joi, Christie's, Environment, Sotheby's, Partnership, Ministry, NFT, Non-fungible token, Government, History, Investment, Growth, Blockchain, Ministry of Culture (Saudi Arabia), Exhibition, Cryptocurrency, Weapon, Oil, Auction, Retail, Al-Nuqtah Mosque, Kingdom, Culture

The "Saudi Arabia NFT Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - Q2 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia NFT Market Intelligence and Future Growth Dynamics Databook - 50+ KPIs on NFT Investments by Key Assets, Currency, Sales Channels - Q2 2022" report has been added to ResearchAndMarkets.com's offering.
  • NFT industry in Saudi Arabia is expected to grow by 45.2% on an annual basis to reach US$323.7 million in 2022.
  • Moreover, amid the strong demand for NFTs among Saudi Arabians, NFT marketplaces raise funding rounds to further accelerate their growth.
  • Saudi Arabia NFT Market Size and Future Growth Dynamics by Key Performance Indicators, 2019-2028
    Saudi Arabia NFT Market Size and Forecast by Key Assets, 2019-2028

Saudi Arabia Buy Now Pay Later Markets Report 2022: A $5.53 Billion Market by 2028 Featuring Tabby, Tamara, Cashew Payments, Spotii, Postpay

Retrieved on: 
Thursday, December 15, 2022
Online, Spend, Travel, Local Investing Opportunity Network, GCC, Market share, United Arab Emirates, Visa, Operational definition, Generation Z, Central bank, Air Canada, Saudi Central Bank, Growth, Spirit Airlines, Traction, Oil, Online shopping, Weapon, Cryptocurrency, Airline, Renting, Kingdom, Health care

The BNPL Gross Merchandise Value in the country will increase from US$662.2 million in 2021 to reach US$5,537.8 million by 2028.

Key Points: 
  • The BNPL Gross Merchandise Value in the country will increase from US$662.2 million in 2021 to reach US$5,537.8 million by 2028.
  • Markets like Saudi Arabia also have experienced a rapid increase in short-term credit options, such as buy now pay later (BNPL), in the aftermath of the global pandemic outbreak.
  • Similarly, Spirit Airlines partnered with Uplift, a fly now pay later service, to integrate the BNPL option into its ticketing platform.
  • Buy Now Pay Later Revenues, 2019 - 2028
    Buy Now Pay Later Merchant Commission, 2019 - 2028
    Buy Now Pay Later Missed Payment Fee Revenue, 2019 - 2028
    Buy Now Pay Later Pay Now & Other Income, 2019 - 2028
    Buy Now Pay Later Accounts, 2019 - 2028
    Buy Now Pay Later Bad Debt, 2019 - 2028
    Saudi Arabia Buy Now Pay Later Market Share Analysis by Key Players (Tabby, Tamara, Cashew Payments, Spotii, Postpay)
    Saudi Arabia Buy Now Pay Later Spend Analysis by Channel: Market Size and Forecast
    Saudi Arabia Buy Now Pay Later in Retail Shopping: Market Size and Forecast
    Saudi Arabia Buy Now Pay Later in Home Improvement: Market Size and Forecast
    Saudi Arabia Buy Now Pay Later in Leisure & Entertainment: Market Size and Forecast
    Saudi Arabia Buy Now Pay Later in Healthcare and Wellness: Market Size and Forecast
    Saudi Arabia Buy Now Pay Later in Other: Market Size and Forecast