The cooperation was announced during a press conference held at the headquarters of the Saudi Football Association in Riyadh on Sunday, 8th August in the presence of Vice President of the Saudi Federation, Khaled Al Thebity, Ibrahim Al-Qasim, Secretary-General at SAFF,Council member Naim Al-Bakr,...
As part of its ambitious expansion plans in the Kingdom of Saudi Arabia, Saudia Dairy and Foodstuff Company (SADAFCO) announced the opening of a new ice cream factory in Modon Industrial City No.1, Jeddah. The new ice cream factory, combined with the existing SADAFCO milk factory,...
Saudi Payments operates under the supervision of the Central Bank of Saudi Arabia (SAMA), revealed achieving more than 2.2 billion Point of Sale (POS) transactions, valued at over 227 billion riyals during H1 of 2021. According to results from the national payment scheme “mada”, near-field ...
If you’re an ambitious entrepreneur with a breakthrough commercial proposition, this is a good time to be in Saudi Arabia. Within a relatively short space of time, the Kingdom’s startup ecosystem – particularly in the tech arena – has matured quickly and dramatically. Whereas the ...
The finishing touches are being made to Saudi Arabia’s pavilion at Expo 2020 Dubai for a one-of-a-kind experience that will present the Kingdom to visitors in a new light.The global exhibition will open in October and run until March 2022. For the first time every participating country will have...
Jadwa Investment, a leading investment management and advisory firm in the Middle East, announced today the full activation of its multi-manager funds platform. The new Shariah-compliant offering comes as part of Jadwa’s ongoing commitment to expanding its clients’ access to new asset classes....
Schneider Electric has promoted Amel Chadli to Vice President Middle East and Africa for Digital Energy and EcoStruxure. Amel, who has been with Schneider Electric for over a decade, will take up these new responsibilities alongside her existing Strategy role. Amel will spearhead the company’s...
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...
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...
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...