Saudia, NEOM to start regular international flights from NEOM Bay Airport late June

NEOM, Saudi Arabia’s sustainable regional development, and Saudia, the country’s national carrier, have sealed a strategic partnership to launch a weekly service to international destinations from NEOM Bay Airport with the first flight expected late June. Saudia will operate direct Read more

Three Egyptian state-run banks setting up $85mln fintech fund for innovation

Egypt’s three biggest state-owned banks are setting up an $85 million financial technology fund that aims to accelerate innovation in the sector, Reuters reports citing venture capital firm Global Ventures, a partner in the fund. Global Ventures, which focuses on Read more