Business & Money | Monday 28 June, 2021 9:14 am

stc discusses its journey of digital transformation and sustainability at MWC 2021

MWC Barcelona 2021 will run for four days, starting Monday, June 28 until July 1. stc announced its participation in the MWC as one of the 25 largest telecom companies in the world. stc will present the achievements of the Kingdom and the company in digital infrastructure as part of its strategy to ...

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Business & Money | Monday 28 June, 2021 9:11 am

83% of SMEs in Saudi Arabia optimistic about future growth guided by potential for digitalization, access to better data, training and upskilling: Mastercard MEA SME Confidence Index

After facing unprecedented changes in the wake of the COVID-19 pandemic, Small and Medium Enterprise (SME) confidence in Saudi Arabia is on the rise, according to the latest research by Mastercard. The inaugural Mastercard Middle East and Africa (MEA) SME Confidence Index found that 83% of...

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Business & Money | Monday 28 June, 2021 9:08 am

"Almarai" signs a memorandum of understanding with "SDAIA" to support needy families through "Ehsan" platform

Last week, Almarai and the Saudi Data and Artificial Intelligence Authority (SDAIA) signed a memorandum of understanding between the two parties stated that Almarai provides free food baskets to support the families in need through the national platform "Ehsan" for charitable work.The memorandum...

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Business & Money | Sunday 27 June, 2021 3:59 am

KSA launches incentives to encourage tech, industrial companies to list on Tadawul

The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched an incentive package to encourage companies to list shares on the Saudi Stock Exchange (Tadawul). “A set of incentives and facilities have been announced to encourage companies to list in the Saudi Stock...

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Business & Money | Sunday 27 June, 2021 2:51 am

Renewing "Almarai Award for Veterinary Medicine for the Arab Gulf Cooperation Council" for the next three years

Almarai has renewed the cooperation and partnership agreement with the Saudi Veterinary Medical Association for three more years, starting from the 22nd of June 2021 until the 22nd of June 2024. The agreement stated that the company is exclusively sponsoring the award, which is "Almarai Veterinary...

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Business & Money | Sunday 27 June, 2021 2:49 am

Intigral Wins the Global Economics Awards for 2021

 With its expansion efforts and advanced capabilities paying off, Intigral, a leading provider of digital entertainment and sports in MENA, has been awarded the prestigious Global Economics Awards for the “Fastest Growing VOD Platform” in 2021 by the UK-based Global Economics Limited, a...

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Business & Money | Sunday 27 June, 2021 1:46 am

Amazon Prime Members in Saudi Arabia Saved Big During First Prime Day Event on Amazon.sa

Amazon.sa just wrapped up its first-ever 48-hour Prime Day event, offering customers in Saudi Arabia incredible savings and delivering the biggest two-day period ever for Amazon’s third-party sellers, nearly all of which are small and medium-sized businesses, growing even more than Amazon’s...

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Business & Money | Thursday 24 June, 2021 10:21 am

Leading UAE retailer works with World Vape Show to educate industry on self-regulation and need to back official health drive

The UAE’s vaping industry must do more to support official government efforts aimed at blocking trade in counterfeit and unregulated e-cigarettes and preventing sales to minors, a leading retailer says. The sale of e-cigarettes, vaping devices and e-liquids has been legal in the UAE since...

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Business & Money | Thursday 24 June, 2021 9:08 am

GAMI presents growth strategy for Saudi military sector Previous

The US-Saudi Business Council (USSBC) and the General Authority for Military Industries (GAMI) presented an executive virtual webinar on Wednesday titled “Understanding Saudi Arabia’s Military Industry Growth Strategy.” Moderated by USSBC President and CEO H. Delano Roosevelt, the...

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Business & Money | Thursday 24 June, 2021 9:02 am

HSBC Saudi Arabia acts as a Lead Manager and Bookrunner on ACWA Power’s first Saudi Riyal Sukuk

  HSBC Saudi Arabia acted as the Arranger and Dealer on the establishment of ACWA Power’s SAR 5 Billion Sukuk Program as well as a Lead Manager, Bookrunner, Sukukholders’ Agent and Payment Administrator on the senior unsecured Sukuk issuance of SAR 2.8 Billion, which settled on 14...

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