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13 Apr 2026

Saudi Arabia’s digital payments surge continues, with electronic transactions accounting for 85% of total retail payments in 2025, up from 79% in 2024, according to SAMA. Total transactions reached 14.6 billion, driven by strong growth in Mada, POS, and e-commerce payments. The milestone highlights the Kingdom’s rapid shift toward a cashless economy and ongoing efforts to strengthen its financial

Post by Abdurrahman

4 likes4 comments#sama #ecommerce #saudiarabia #economy #cashless

7 Apr 2026

Kuwait’s Minister of Commerce and Industry, Osama Boodai, has banned cash transactions above KD 10 in select sectors, promoting digital payments. The rule applies to gyms, salons, pest control firms, and more, with strict penalties for violations. The move aims to improve transparency, regulate financial practices, and encourage a shift toward a cashless economy. #Kuwait #DigitalPayments #Cashless

Post by Faisal

4 likes4 comments#business #cashless #economy #middleeast #kuwait

5 Feb 2026

Kuwait Moves Ramadan Donations to Digital Channels Kuwait has introduced tighter regulations on charity fundraising during Ramadan 2026, shifting donations entirely to approved digital and banking channels. The move bans cash collections and mosque donations, aiming to improve transparency and oversight of charitable activities during the holy month. #Kuwait #Ramadan #Donations #DigitalPayments #G

Post by Faisal

9 likes8 comments#ramadan #charityregulation #gulfnews #kuwait #digitalpayments