Latest from Banking, Investments, Money, Insurance, Futures, Stock in Saudi Arabia and Middle East

Banking, Investments, Money and Insurance

Visa partners with Starbucks & Hardee's to help promote the use of Apple Pay in KSA and UAE

Visa’s partnership with Starbucks and Hardee’s entitles Visa cardholders in KSA and UAE to upsize their orders for free when paying with Apple Pay 17 March 2019: Visa (NYSE:V), the world’s leader in digital payments, today announced partnerships with Starbucks and Hardee’s to accelerate the use and ......Read More

Sunday, March 17, 2019

Apple Pay now available to Visa cardholders in Saudi Arabia

Transforming mobile payments with an easy, secure, and private way to pay Riyadh, Saudi Arabia; 19 February 2019: Visa (NYSE:V), the world’s leader in digital payments, today brings Apple Pay to its Saudi-based cardholders. Apple Pay allows prepaid, debit and credit cardholders to make easy, quick and secure purchases using their ......Read More

Wednesday, February 20, 2019

KSA survey identifies security as top concern in adopting effective intelligent workspace strategies

IDC Survey commissioned by Citrix analyzes the Kingdom’s readiness to build the future workplace Riyadh, Saudi Arabia – 19 February 2019: An IDC survey commissioned by Citrix (NASDAQ:CTXS) found security and data leaks to be a key concern in adopting intelligent workplace strategies. The survey results were presented at an ......Read More

Tuesday, February 19, 2019

MUFG appoints Head of Corporate Banking in Riyadh

7 February 2019, Saudi – MUFG Bank announces the appointment of Tariq Al Ghaziri as Head of Corporate Banking for MUFG’s Riyadh branch. Prior to joining MUFG in Riyadh, Tariq has held various positions at Riyad Bank for the past 15 years, most recently as Head of Corporate Finance. Various functions, including Trade ......Read More

Thursday, February 7, 2019
Saudi Finance Minister to Bloomberg: 2.6% GDP Growth In 2019

January 24, 2019: Speaking to Bloomberg Television’s Francine Lacqua and Haslinda Amin, Saudi Arabia Finance Minister Mohammed Al-Jadaan said he expects 2.6% GDP growth in 2019. Other highlights include: • Saudi may issue non-USD bonds this year • Looking at Euro or other currencies for bond ...Read More

Thursday, January 24, 2019

The Best Finance Leaders in Saudi Arabia honored at Saudi CFO Awards

Saudi Railway Company, Fawaz A. Alhokair & Co, Saudi Telecom Company and SADAFCO among others awarded for their outstanding performance and exceptional leadership Riyadh, Saudi Arabia, December 17, 2018: Held alongside the 6th Annual Saudi Trade Finance Summit, organized by QNA International, at the Al Faisaliah ......Read More

Monday, December 17, 2018

Marafiq Powers the Growth of Saudi Arabia's Largest Industrial Cities and Initiatives with Utilities ...

Marafiq, a utility business in Saudi Arabia, is embarking on a journey to enhance its intelligent, digital-utility enterprise using SAP SAP’s intelligent enterprise enables customer centricity, growth agility, holistic visibility, and differentiate innovation to digitize utility businesses in the Kingdom December 17, ......Read More

Monday, December 17, 2018

UAE, Saudi Arabia using fintech for cross-border settlements

December 15, 2018: Some media have reported incorrectly that UAE and Saudi Arabia have started using digital currency for cross-border settlements which will be backed by fiat currencies of the 2 nations. The Central Bank of the UAE (CBUAE) would like to clarify that CBUAE is working with the Saudi Arabian Monetary Authority (SAMA) on a joint project which constitutes a Proof-of-Concept (PoC) for experimenting with Blockchain technology to facilitate cross-border payments between the two countries. The PoC is still at an early stage and will help CBUAE gain a deeper understanding of the feasibility of distributed ledger technology in this field and explore the ......Read More

Saturday, December 15, 2018
2018 Business Review of Saudi Arabia

December 10, 2018: Saudi Arabia has experienced tremendous transformation in 2018, bouncing back from low oil prices with the largest expansionary budget and history-making reforms. King Salman’s Vision 2030 was a guiding principle for many of the country’s reforms along with Crown Prince Mohammed’s leadership has ......Read More

Monday, December 10, 2018

INJAZ Al-Arab Gears-up for the 12th Annual Young Arab Entrepreneurs Competition to be held in Kuwait

Held Under the Patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah 25 November 2018: INJAZ Al-Arab – member of Junior Achievement Worldwide – is hosting their 12th Annual Young Arab Entrepreneurs Competition in Kuwait between November 26 and 29, 2018. The competition will see 80 students from 11 countries across MENA compete over 12 award categories before their peers and a panel of high-profile judges. Held under the patronage of His Highness the Amir of the State of Kuwait Sheikh Sabah Al-Ahmed Al-Jaber Al-Sabah, the event will welcome over 180 attendees from INJAZ teams, volunteers and chaperons. The ......Read More

Sunday, November 25, 2018

Saudi HR leaders to explore macro trends in human development

Ashridge to coach HR Leaders on maximizing company business value and their strategic impact October 23, 2018: Saudi Arabia’s Vision 2030 challenges HR leaders in Saudi to take progressive steps to bring about organizational changes aimed at ensuring greater business success. Ashridge Executive Education has launched a ......Read More

Tuesday, October 23, 2018

Thomson Reuters & The Institute of Finance Inaugurate 10th Compliance and Anti-Money Laundering Semi ...

RIYADH, SAUDI ARABIA - September 26, 2018: Thomson Reuters inaugurated the 10th Compliance and Anti-Money Laundering Seminar in association with the Institute of Finance and under the patronage of His Excellency Dr. Ahmed Abdulkarim Akholifey, Governor of the Saudi Arabian Monetary Authority (SAMA) and Chairman of Anti-Money Laundering ......Read More

Wednesday, September 26, 2018

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