Tagged: capital markets authority

There are Now At least 60 Fintech Firms Operating in Saudi Arabia, with 100 Startups in Concept or Pre-Launch Phase

Fintech Saudi, an initiative that aims to transform Saudi Arabia into an innovative Fintech Hub with “a thriving and responsible” financial technology ecosystem, has been supporting the Kingdom’s economy by establishing an ecosystem directory and an online jobs portal dedicated to Fintech professionals. Fintech Saudi… Read More

Saudi Capital Market Authority Approves Multiple Fintech “Experimental Permits” for Equity Crowdfunding

This week, the Saudi Capital Market Authority (CMA) approved multiple “Financial Technology Experimental Permits.” The regulator granted the permits to: Buthoor Solidarity, Afaq and Emkan Alarabiya. Each company received permission to create an equity crowdfunding platform. The permission was given by Royal Decree No. (M/30)… Read More

Israel Capital Markets Authority Expected to Expedite Fintech Licenses to Boost Innovation

According to a report, the Capital Markets, Insurance and Savings Authority of Israel is seeking to expedite the approval of Fintech licenses including blockchain-focused firms. Calcalist reports that the Authority is “working quickly to arrange licenses for Fintech companies” as it aims to boost innovation… Read More

The Dubai Financial Services Authority Signs MOU with Lebanon’s Capital Markets Authority

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with Lebanon’s Capital Markets Authority (CMA). The agreement is said to enhance information sharing and cooperation around supervisory issues, further extending the existing relationship between the two markets. DFSA has recently been… Read More

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