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HomeCrypto NewsMarketRipple Gains Big Media Coverage from Arabic Journals in MENA

Ripple Gains Big Media Coverage from Arabic Journals in MENA

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Renowned San Francisco-based blockchain firm Ripple is now garnering significant coverage from the Middle East and North Africa (MENA) region. 

On Monday, two leading Arabic daily publications based in Kuwait wrote reports about the payment market in the country, spotlighting RippleNet. Specifically, the publishing firms are Kuwait Al-Seyassah and Al Qabas. The two Arabic newspapers wrote concerning the Ripple and Kuwait Finance House (KFH) partnership for cross-border payment services.

Crypto Eri, a prominent influencer in the XRP community, took to X to spotlight the development.

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Kuwait Al-Seyassah Reports on RippleNet

In her tweet, Crypto Eri revealed that the Kuwait Al-Seyassah Daily Paper’s article underscored the transformative impact of fintech in Kuwait, with KFH now making it its core business focus.

Notably, KFH’s collaboration with Ripple for cross-border transfers through the RippleNet network was a central point of discussion. Citing Tareq Al-Ajeel, KFH’s executive manager of digital transformation, Al-Seyassah noted that the Ripple partnership has empowered KFH to explore new opportunities for collaboration with emerging technology companies. 

Furthermore, the article underscored that in the financial landscape, infrastructure investment is no longer merely an option but a necessity. It stressed that banks and financial institutions need to embrace and adopt such innovative programs to remain competitive and meet the changing demands of the market.

More Coverage for Ripple in Kuwait

Meanwhile, in another conversation, Crypto Eri highlighted Al Qabas’ Monday publication touching RippleNet amid the Ripple-KFH alliance. Similarly, an English-based Kuwait journal featured KFH’s executive manager in an October report where he described Ripple as a “Word-class Company.”

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With Ripple featured in three Kuwait publications within four weeks, the XRP influencer expressed that the coverage for Ripple in the MENA region would further intensify. The foundation of this view is the Ripple Swell unfolding in Dubai starting tomorrow, November 8.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Abdulkarim Abdulwahab
Abdulkarim Abdulwahabhttp://thecryptobasic.com
Abdulkarim Abdulwahab is a seasoned crypto journalist who has established himself as a trusted voice in the world of blockchain and Web3. His extensive knowledge of the crypto space enables him to break down complex concepts into accessible language.

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