The MOMENTUM 2025 Development Finance Conference, which ran from 9 to 11 December, saw the signing of 45 Memoranda of Understanding (MoUs) and agreements with a total value of approximately SAR 6 billion. Signed by the National Development Fund (NDF) and its affiliated sector funds and banks with leading local, regional, and international partners, these […] The post 45 MoUs Valued at SAR 6 Billion Signed at MOMENTUM 2025 to Power Saudi Arabia’s Sustainable Development appeared first on Web-Release.

    Red Hat, the world’s leading provider of open source solutions, announced it has acquired Chatterbox Labs, a pioneer in model-agnostic AI safety and generative AI (gen AI) guardrails. This acquisition adds critical “security for AI” capabilities to the Red Hat AI portfolio, strengthening the company’s efforts to deliver a comprehensive, open source enterprise AI platform […] The post Red Hat Accelerates AI Trust and Security with Chatterbox Labs Acquisition appeared first on Web-Release.

    The year 2025 marks a turning point for the FinTech sector, driven by the rapid rise of agentic AI, which enables autonomous decision-making and fundamentally transforms how financial services are delivered. As customer expectations evolve, both regulators and financial institutions across Saudi Arabia and the GCC region must redesign frameworks and operating models to emphasise […] The post Redefining digital payments: How 2025’s FinTech trends are shaping Saudi Arabia and GCC region appeared first on Web-Release.