Business & Money | Sunday 8 August, 2021 3:06 am

Fintech Saudi Announces the Results of National Fintech Adoption Survey

Setting a precedent in the Kingdom and the region in its new report, Fintech Saudi has announced the results of the National Fintech Adoption Survey which is aimed to measure the level of the people’s interest in adopting fintech solutions and to develop a clear understanding of how the fintech...

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Business & Money | Sunday 8 August, 2021 12:42 am

Tanmiah lists on Saudi Exchange after heavily oversubscribed IPO; Investors show high level of confidence in leading Saudi food producer

Tanmiah Food Company (“Tanmiah”) has listed on the Saudi  Exchange following a successful IPO in which its shares achieved an institutional coverage ratio of 9,534% and a retail coverage ratio of 1,170%. The shares were offered to institutions and individuals at SAR 67, at the top of the...

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Business & Money | Wednesday 4 August, 2021 1:01 am

Saudi Aramco investors expect profit surge after strong first half

The oil reporting season will reach a climax next week with the announcement of first half results from the biggest company in the sector, Saudi Aramco. With strong crude prices for most of the six months to June 30, and rising output as OPEC+ constraints were steadily lifted during the...

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Business & Money | Wednesday 4 August, 2021 12:42 am

Saudi Arabia Ranks Among Top Seven Global Economies on the National Entrepreneurial Context Index

The Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC) along with the Babson Global Center for Entrepreneurial Leadership (BGCEL) released recently the Global Entrepreneurship Monitor (GEM) Kingdom of Saudi Arabia National Report 2020-21. The GEM Report, which charts levels...

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Business & Money | Monday 2 August, 2021 3:24 am

Saudi Arabia’s real estate price index rises by 0.4% in Q2

The real estate price index in Saudi Arabia rose by 0.4 percent in the second quarter of 2021 compared to the same period of the previous year, official data showed on Sunday. The statistics issued by the General Authority for Statistics showed a 0.8 percent increase in the residential real...

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Business & Money | Monday 2 August, 2021 2:47 am

Red Sea Development Company Signs Contract with KACST to Provide Satellite Data of Development Sites

 The Red Sea Development Company (TRSDC) has signed a contract with King Abdulaziz City for Science and Technology (KACST) to provide high resolution satellite data of key locations at the Red Sea Project to monitor the project. The satellite imagery improves TRSDC’s ability to monitor...

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Business & Money | Monday 2 August, 2021 1:17 am

Following a successful H1, Intigral focussed on further enhancing its value propositions for H2 2021.

Having kicked off 2021 with new content releases and world-class product feature achievements, Intigral, a leading provider of digital entertainment and sports in MENA, has been growing its content line-up, recording higher growth rates, and significantly enhancing its customers’ viewership...

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Business & Money | Sunday 1 August, 2021 7:00 am

4IR can help KSA become a global hub for new drone technology

Saudi Arabia could become a global center for new drone technology under plans being advanced by the Center for the Fourth Industrial Revolution (4IR) recently inaugurated in Riyadh in partnership with the World Economic Forum (WEF). Mansour Alsaleh, director of the center, told Arab News that ...

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Business & Money | Sunday 1 August, 2021 4:23 am

Pandemic Recovery Moves Forward 2021’s Earth Overshoot Day by a Month as Humanity’s Ecological Footprint Grows by Ten Percent

This year’s Earth Overshoot Day has moved almost a month forward, in part due to the world’s economies recovering from 2020 and the growing demand for power fueled by hydrocarbons. Each year, Earth Overshoot Day marks the date when humanity has used all the biological resources that Earth can...

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Business & Money | Sunday 1 August, 2021 2:19 am

Mastercard marks year of collective action in annual Sustainability Report

Mastercard released its 2020 Corporate Sustainability report, highlighting how the company has responded to the challenges of the last year through innovation and trusted partnerships and is delivering on its mission to build a more inclusive, sustainable world with a digital economy that works for ...

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