SAUDI ARABIA JUST APPROVED NEW PAYMENT SYSTEMS — BIG FINANCIAL SHIFT?

A major financial development is taking place in Saudi Arabia link to My FX Buddies Blog and it could signal a deeper shift in how money flows across the region.The Saudi Central Bank has officially granted a new license to a technology company to operate in the payment services sector, bringing the total number of licensed companies in the Kingdom to 31.This move is part of a broader strategy to modernize the financial system, increase efficiency in transactions, and expand access to financial services across all segments of society.But that’s not all.If you'd like to support the channel: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://cash.app/$tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://paypal.me/tishwash⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.... ⁠ a FREE transcript at: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://rss.com/podcasts/myfxbuddies⁠... The Central Bank has also been actively pushing forward with open banking, licensing additional fintech companies to provide account information services and enable new financial products.Business Financing Available Now!⁠So what does this really mean?It points to a growing push toward:Digital paymentsFinancial innovationGreater financial inclusionAnd potentially, a more connected and flexible financial ecosystem in Saudi Arabia.In this video, we break down what’s happening, why it matters, and what it could mean going forward.Stay informed on Iraq’s latest developments.Thanks for Watching! Following Iraq’s Story — Don’t Give Up 💰🔥Stay informed on Iraq’s latest developments.