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Saudi central bank grants license to two new fintech firms
The Saudi Central Bank (SAMA) Tuesday issued operation permits to “Lean Technologies” and “Mod5r”, two companies which will provide Open Banking Solutions. The permits are in line with the Council of Ministers’ decision in the second quarter of 2022, which provides for the adoption of the Fintech Strategy containing the supreme directive order for the […]
Morocco Hands British Bitcoin Fraudster to the US
Morocco extradited to the USA Renwick Haddow, a British citizen accused of fraud related to Bitcoin, the US department of Justice (DOJ) said. The British citizen is accused of defrauding investors of More than $36 Million, the DOJ said in a statement. The DoJ complaint alleges Haddow, 49, “misappropriated investor funds” and “made false and […]
UN Court declines jurisdiction in Sudan’s case against UAE
In a significant legal blow to Khartoum, the International Court of Justice (ICJ) has declined on May 5 to hear Sudan’s case accusing the United Arab Emirates of alleged involvement in the country’s conflict, citing a lack of jurisdiction. Sudan had alleged that the UAE provided military and logistical support to the Rapid Support Forces […]



