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In "Opinion"
FinTech startups, especially in the early stages of ideation, prototyping, MVP development, or even product-market fit, often need financial injections, mentoring, guidance, coworking spaces, incubation, and acceleration. Without these initiatives, it would be difficult to develop innovative solutions for the financial services industry. The role and impact of government programs and grants are immense. This article will explore the various programs and grants in KSA (Kingdom of Saudi Arabia) that help FinTech startups succeed and grow.The National Technology Development Program (NTDP) by MICT has more than 20 initiatives for startups in different stages. For the purpose of this article, we'll focus on the initiatives for early-stage startups. MVPLAP is a good start if a startup has an...
October 15, 2024
Nurturing Fintech innovation: The impact of incubators, accelerators, and government programs / Grants
A few days ago, we joyfully marked a momentous occasion cherished by all Saudis: the anniversary of King Salman bin Abdulaziz’s ascension to the throne. We pray to Allah, the Almighty, to grant him health, well-being, and long life, and to bless him with wise and righteous advisors and leaders who will support him in serving the religion and the nation —foremost among them, his honorable sons and Crown Prince Mohammed bin Salman.For decades, people across all regions of the Kingdom wished for Salman bin Abdulaziz to be their leader. His reputation for decisiveness, transparency, justice, security, development, strong leadership, and wisdom made him a figure to look up to. Under his leadership, there has been unwavering support for the youth, the enforcement of law, and equal treatment...
October 11, 2024
Ten bright years of King Salman's leadership
October 09, 2024
Family business governance
October 03, 2024
Revolutionizing healthcare: AI is transforming medicine and patient care
FinTech is a highly regulated industry, especially in countries with multiple financial regulators like Saudi Arabia. For example, SAMA regulates payments, crowdfunding debt for SMEs, P2P lending, and more; the CMA oversees Robo Advisory, Sukuk, fund distribution, and other financial activities; and the Insurance Authority (IA) handles Insurtech.Navigating all these regulations and dealing with different regulators as an angel investor to get better deals is difficult. It requires more learning and experience than relying on gut feelings.Angel investors are among the biggest believers in the world of startups in general. And when we talk about angel investors in FinTech, we're referring to the early stages of startup investing, such as Pre-Seed, Seed, Pre-Series A, and, to a lesser...
September 26, 2024
Angel investing in FinTech
September 23, 2024
Saudi Arabia with an exemplary vision that yields remarkable achievements
By Dr. Nawal A. Al-JubeirDuring the Viking Age (late 8th to 11th century), Norse seafarers, known as Vikings, embarked on remarkable voyages across Europe, bringing them into contact with diverse cultures, including Muslim Arabs. While there are no records of Viking settlements in Arab lands, the two cultures interacted primarily through trade and exploration, particularly in regions that would later become Russia. Although there is little evidence that Muslims visited Viking homelands, numerous artifacts, especially in Sweden, indicate long-distance trade between these two distinct societies. One significant motivator for Viking exploration was access to silver, which spurred their journeys into Europe and brought them into contact with Arabs.These interactions, blending trade,...
September 20, 2024
The Vikings and the Islamic world
Saudi Arabia is proud not only of its past but also of its inspiring present and promising future as the Kingdom honors its unity on this National Day. Filled with pride and gratitude, the Saudi people remember the immense sacrifices made by their visionary founder, King Abdulaziz Al Saud, who dedicated his life to uniting every part of the country. His sons, the succeeding leaders, have preserved and enhanced his legacy of unity, security, and prosperity by guiding Saudi Arabia through years of remarkable development.Under the leadership of King Salman bin Abdulaziz, Custodian of the Two Holy Mosques, and His Royal Highness Crown Prince Mohammed bin Salman, the Kingdom is undergoing an unprecedented transformation. At its core is Vision 2030, a comprehensive framework designed to...
September 18, 2024
Saudi Arabia: A Legacy of Unity, A Future of Transformation
September 15, 2024
Shareholder rights under commercial companies law
September 11, 2024
Transforming healthcare: how inspirational leadership shapes the future of patient care
