Tag: Saudi Arabia Business News
Saudi Payments & Visa brings out ‘Tap to Phone’ to support...
Saudi Payments, owned by the Saudi Central Bank (SAMA), has teamed up with the world's leader in digital payments, Visa, to launch an innovative,...
Saudi’s Watheeq unveils $26.7mn shariah-compliant proptech fund
Saudi Arabia-based investment management and financial advisory company, Watheeq Financial Services, is launching a venture capital (VC) fund worth $26.7 million that will invest...
Saudi Arabia extends industrial license period to five years
Saudi Arabia's Ministry of Industry and Mineral Resources has increased the term of industrial licenses from three years to five years.
As per the statement,...
New digital platforms in Saudi Arabia need prior clearance; DGA
The Digital Government Authority (DGA), which oversees all matters related to the digital government in Saudi Arabia, has issued a circular to all government...
Saudi Arabia leads in three global indicators amid COVID-19
The Kingdom of Saudi Arabia ranked first globally in three international indicators, during the COVID-19 pandemic in 2020 and 2021.
According to the National Center...
US-based EIG-led consortium closes deal to buy Aramco pipelines business
US-based leading institutional investor to the global energy sector, EIG has stated that a consortium it led has closed a deal to buy 49...
Philippines looks for advanced labor cooperation with Saudi Arabia
The Philippines is seeking advanced labor cooperation with Saudi Arabia to uphold and protect the rights of overseas Filipino workers (OFWs) in the Gulf...
Saudi, Russian Business officials propose Russian bank in Riyadh to facilitate...
The Saudi-Russian Business Council of the Federation of Saudi Chambers (CSC) has proposed to establish a Russian bank in Riyadh to facilitate trade and...
