MENA Fintech Association

Saudi CMA Issues 68 Fintech Permits as Regulatory Framework Expands

The Capital Market Authority (CMA) of Saudi Arabia has continued to strengthen the regulatory framework for fintech development, confirming that 68 experimental permits had been issued by the end of the second quarter of 2025. Of these, 50 companies are registered under the CMA’s Fintech Lab, with 36 currently in operation. The Fintech Lab was […]

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Saudi’s Capital Market Authority Seeks Feedback on Draft Robo-Advisory Regulations

Saudi Arabia’s Capital Market Authority (CMA) has invited relevant stakeholders in the capital market to provide feedback on the draft regulation permitting capital market institutions to offer robo-advisory services. The consultation period will last 30 calendar days, ending on September 24 2025. The draft regulation aims to allow licensed capital market institutions engaged in investment […]

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