The Financial Tech Magazine

  • The award recognizes excellence in guest experience for sales and aftersales services       Jeddah, Saudi Arabia — ( ARAB NEWSWIRE ) —   Abdul Latif Jameel Motors , the authorized distributor of Toyota vehicles in Saudi Arabia since 1955, celebrates its 15th consecutive Gold Award in the 2025 Toyota Distributor Award Program by Toyota Motor Corporation. The gold Award is presented to distributors who demonstrate an unwavering commitment to delivering exceptional customer experiences across sales and aftersales services. The 15th Toyota Gold Award represents a significant milestone for Abdul Latif Jameel Motors, recognizing the dedication of its teams and the strength of its long-standing relationship with Toyota. This sustained achievement underscores a commitment to service excellence, continuous improvement, and supporting the Kingdom’s evolving mobility landscape. Takayuki Kanno, General Manager, India & Middle East Division, Toyo...

Insights on GCC investor behavior, extended trading access and next-generation market infrastructure across the Middle East NEW YORK – ( ARAB NEWSWIRE ) -- Valuable Capital Group (VCGL), a comprehensive financial services provider with operations across Saudi Arabia and the UAE, announced that Chief Strategy Officer Steven Chou participated as a panelist at Nasdaq's 2026 Global Retail Executive Forum . This exclusive event brings together senior executives from leading retail brokerages, exchanges and market infrastructure providers to discuss how extended trading hours, new asset classes and evolving investor expectations are reshaping global retail investing. Steven also serves as Chairman of Sahm Capital Financial Company in Saudi Arabia and Sahm Financial Limited in the Dubai International Financial Centre (DIFC) . On a panel about infrastructure for a generation of always-on market participants, he addressed the opportunities and operational challenges of extended tradi...

  RIYADH, Saudi Arabia – ( ARAB NEWSWIRE ) – Sahm Capital, a CMA-licensed financial company (License No. 22251-25), today announced the launch of two World Cup-themed investor engagement campaigns designed to combine community participation, interactive experiences, and reward opportunities during one of the world's most anticipated sporting events. The initiatives, " Watch Live & Cheer" and "My Investment DNA," aim to create a more engaging investing experience by connec ting the excitement of football with the power of investor communities. As part of the "Watch Live & Cheer" campaign, participants will have the opportunity to compete for rewards totaling up to SAR 98,000. Two lucky draw winners will each receive a prize valued at SAR 40,000, redeemable as either a World Cup travel package or a cash equivalent, while the top three participants on the campaign leaderboard will share SAR 18,000 in cash rewards. Full details and participati...

      PANAMA CITY -- ( ARAB NEWSWIRE ) – BingX , a leading cryptocurrency exchange and Web3-AI company, today reported that daily trading volume across its BingX TradFi Stocks has surged by more than 700% over the last five days, reflecting growing demand for diversified opportunities across both private markets and traditional financial markets within a unified trading environment. With a cumulative stock trading volume of over $2.7 billion and stock indexes exceeding $8 billion over the last 2 months, the milestone reinforces the growing role of BingX as a multi-asset trading platform where users can access stocks, forex, indices and commodities, and digital assets through a single account. The rapid increase is driven by growing interest in globally recognized companies such as SpaceX, NVIDIA, and Samsung, and other high-profile names that connect crypto-native traders with global trends and market opportunities, such as the OpenAI pre-IPO airdrop. ...

St. Petersburg — ( AfricaNewswire.net ) --  Speaking at the Energy Panel of the St. Petersburg International Economic Forum 2026, Igor Sechin, Chief Executive Officer of Rosneft Oil Company and Executive Secretary of the Russian Presidential Commission for Strategic Development of the Fuel and Energy Sector and Environmental Safety, said that US energy companies have emerged as the principal beneficiaries of the recent tensions surrounding the Strait of Hormuz. Delivering his report titled “ The Beginning of the End or the End of the Beginning: What ’ s Left at the Bottom of Pandora ’ s Box? ” , Sechin examined the shifting geopolitical landscape in the Middle East, the balance of power in global energy markets, and the long-term structural pressures facing the world economy. Hormuz crisis and global market disruption According to Sechin, the disruption in the Strait of Hormuz represents an attempt to reshape global energy market regulation in favor of US strategic interes...

  Rising AI adoption in DIFC is creating new opportunities for innovation, efficiency, and growth across GCC wealth management. By Nasir Jamal Dubai, UAE — ( ARAB NEWSWIRE ) — Nasir Jamal, CEO of H Capital Limited, says the next decade of wealth management in the GCC will be defined not by who adopts AI fastest, but by who governs it best. The DFSA AI Survey 2025 found AI adoption among DIFC-authorised firms rose from 33% in 2024 to 52% in 2025, with Generative AI use up 166% year-on-year. The survey covered 661 firms across banking, capital markets, wealth and asset management, and fintech, with an 88% participation rate. The findings show a financial centre moving quickly into the next stage of AI use, and highlight the next priority: clearer accountability and stronger oversight. According to the survey, 21% of firms using AI still lack clear accountability, including where AI is linked to critical operations. “Th...