Tag: Saudi Arabia Business News
Saudi Arabia sees high contactless payments adoption via NFC; SAMA
The Saudi Central Bank (SAMA) revealed that the Kingdom witnessed the highest adoption of contactless payments through Near-Field Communication (NFC) with 94 percent, the...
Saudi Arabia Sukuk joins FTSE Emerging Markets Government Bond index
Saudi Arabia Sukuk has been added to the FTSE Emerging Markets Government Bond Index (EMGBI) by FTSE Russell, a leading global index provider of...
Saudi’s SDAIA begins Data, AI accelerator program for startups in Kingdom
The Saudi Data and Artificial Intelligence Authority (SDAIA) has launched an accelerator program to support regional startups to grow their businesses and investments and...
Saudi Arabia’s PIF to sell part of its stake in Saudi...
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is considering selling a part of its 70 percent share in Saudi Telecom Company (STC)...
Foodics unites with American Express to offer digital payment option
Foodics, a Riyadh-based food and beverage (F&B) and retail technology startup, has signed a partnership with American Express Saudi Arabia, a multinational financial services...
Saudi’s SAMA extends deferred payment program by 3 months
The Saudi Central Bank (SAMA) has extended the deferred payment program it launched for micro, small and medium enterprises (MSME) by another three months.
Last...
Saudi’s TDF inks 2 financing agreements to develop Jeddah projects
Saudi Arabia’s Tourism Development Fund (TDF) has signed two financing agreements with Dallah Al-Baraka Group and Dallah Real Estate Company, to develop a tourism...
Saudi Arabia’s Ma’aden signs deal to hire vessels for ammonia transportation
Saudi Arabian Mining Company (Ma'aden) has signed agreements with two leading European shipping groups Thenamaris LNG and Exmar Marine NV to hire a total...
