Business & Money | Tuesday 30 March, 2021 8:47 am

Tadawul takes over presidency of Arab Federation of Exchanges

The Saudi Stock Exchange (Tadawul) on Monday took over the presidency of the Arab Federation of Exchanges (AFE) from the Egyptian Stock Exchange, during the AFE’s annual meeting, hosted by Saudi Arabia via “video conference" technology. Tadawul CEO Eng. Khaled Al-Hassan vowed in his speech ...

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Business & Money | Tuesday 30 March, 2021 8:45 am

Saudi Arabia-hosted finance event to outline Arab post-pandemic recovery

The 11th annual conference of the Arab Federation of Exchanges is being hosted by Saudi Arabia this year and features keynote speakers discussing the importance of finance in supporting the Arab region’s post-pandemic recovery. Supported by the Saudi Stock Exchange Company (Tadawul), the...

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Business & Money | Monday 29 March, 2021 11:48 am

Saudi Islamic fintech market projected to be worth $47.5bn by 2025

The Saudi Islamic financial technology (fintech) market is the largest globally, estimated to be worth $17.8 billion in transaction volume, and projected to grow to $47.5 billion by 2025, according to an industry report. The Global Islamic Fintech (GIFT) Report was conducted jointly by...

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Business & Money | Sunday 28 March, 2021 7:21 am

AUIEC organizes training course on foundations of professional organization of exhibitions

  The Arab Union for International Exhibitions and Conferences (AUIEC), which operates under the umbrella of the Council of Arab Economic Unity of the Arab League, recently concluded a three-day virtual training course for the exhibitions and conferences sector staff in the member...

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Business & Money | Sunday 28 March, 2021 2:17 am

SAUDIA MARKS 10 YEARS OF OPERATIONS TO CHINA

Saudi Arabian Airlines (SAUDIA), the national flag carrier of Saudi Arabia marks ten years of operations to the People’s Republic of China. SAUDIA began operations to Guangzhou on 27 March in 2011, initially with thrice-weekly-flights with a widebody Boeing 777-200, which was upgraded to a...

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Business & Money | Sunday 28 March, 2021 12:13 am

DHL Express MENA enhances last mile delivery solutions in the region

The region’s leading international express and logistics service provider, DHL Express MENA, has taken further steps to enhance its last mile delivery solutions by enabling customers with more ease, convenience and control over pick-up and drop-off of their eCommerce parcels.The company has...

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Business & Money | Friday 26 March, 2021 5:48 pm

12 Arab projects announced for Saudi Arabia’s 2021 Red Sea Lodge

Twelve Arab projects have been selected for development at the Red Sea Lodge 2021, the Red Sea Film Festival announced on Thursday. Six of the projects are from Saudi Arabia while the rest come from Egypt, Jordan, Kuwait, and Lebanon. The 12 filmmaking teams will gather virtually four...

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Business & Money | Thursday 25 March, 2021 4:06 pm

PIF ANNOUNCES TRANSFER OF FOOD AND AGRICULTURAL SHARES TO THE PORTFOLIO OF THE SAUDI AGRICULTURAL AND LIVESTOCK INVESTMENT COMPANY (SALIC)

The Public Investment Fund (‘PIF’) has announced today that it has transferred its shares in Almarai (16.32% stake), the National Agricultural Development Company (NADEC; 20.00% stake); and the Saudi Fisheries Company (39.99% stake) to the Saudi Agricultural and Livestock Investment Company...

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Business & Money | Wednesday 24 March, 2021 10:26 am

Najm for Insurance Services first insurance entity to receive Uptime Institute Tier III Constructed Facility certification across GCC

Najm for Insurance Services has been awarded the Tier III Certification of Constructed Facility (TCCF) by Uptime Institute, the leading global source for data centers tier certification. Najm is currently the only company in the insurance field to have such accreditation in the Kingdom of Saudi...

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Business & Money | Tuesday 23 March, 2021 10:38 am

HRC, SNC join hands to protect rights of workers

Saudi Arabia’s Human Rights Commission (HRC) and the Saudi National Committee of Workers’ Committees (SNC) signed a memorandum of understanding (MoU) with the aim of enhancing cooperation and coordination for protecting workers' rights and combating crimes of trafficking in persons. The...

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