Tue, 21-Oct-2025

E-payment in Saudi Arabia grows 75% in 2020 amid Covid-19 

RIYADH: Saudi Arabia’s e-payment transactions increased by 75 per cent in 2020 due to Covid-19 outbreaks, the Saudi Press Agency reported on Thursday. Fintech Saudi’s National Fintech (financial services technology) Adoption Survey Results Report 2021 also revealed a reduction in cash withdrawals through ATM machines by 30 per cent in the same period. One of … Read more

American Airlines announces to cut 75% of its international flights

American Airlines

American Airlines Inc said it plans to cut 75% of its international flights through May 6 and ground nearly all its wide body fleet. Reuters reported that dramatic announcement came hours after the White House said United States would widen new travel restrictions. The Trump administration also signaled it wanted Congress to quickly back financial … Read more