BankingFeaturedCiti to seek a banking licence to boost its business in Saudi ArabiaIFM CorrespondentOctober 28, 2021 by IFM CorrespondentOctober 28, 2021 Citi wants to expand into trade finance and treasury solutions... Read more
FeaturedFintechInvestment in Saudi fintech sector reaches $347 mn in the last 12 monthsIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 The rise in investments is a sign of a maturing fintech industry in the Kingdom... Read more
FeaturedHealthcareSaudization to create 8500 new jobs in the healthcare sector by 2022IFM CorrespondentOctober 14, 2021October 14, 2021 by IFM CorrespondentOctober 14, 2021October 14, 2021 New jobs will be created in sectors like radiology, medicine laboratories, and physiotherapy... Read more
EconomyFeaturedSaudi Arabia to attract FDI worth SAR388 bn annually under National Investment StrategyIFM CorrespondentOctober 12, 2021October 12, 2021 by IFM CorrespondentOctober 12, 2021October 12, 2021 The annual domestic investment is expected to increase to SAR1.7 tn by 2030... Read more
FeaturedReal EstateAl Ramz partners with Watheeq Proptech to develop sustainable housing in Saudi ArabiaIFM CorrespondentOctober 4, 2021 by IFM CorrespondentOctober 4, 2021 The fund invests in proptech startups that use 3D printing, prefabricated buildings, and construction robots... Read more
FeaturedTechnologySaudi Arabia’s blockchain market is set to grow 41% by 2025: MinistryIFM CorrespondentSeptember 21, 2021 by IFM CorrespondentSeptember 21, 2021 The overall tech sector in the Kingdom is expected to hit SR100 bn by 2025... Read more
FeaturedFintechSaudi Arabia-based CashIn raises $1.6 mn for business expansionIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 The funding round was led by BIM Ventures... Read more
FeaturedFinanceForeign investment in new entities jump 108% in H1 2021: Saudi Arabia MinistryIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It accounted for 55% of the total 1054 entities in 2021... Read more
FeaturedOil & GasSaudi Aramco to open up the Jafurah gas field to foreign investorsIFM CorrespondentSeptember 13, 2021September 13, 2021 by IFM CorrespondentSeptember 13, 2021September 13, 2021 It is one of the largest unconventional gas fields in the world... Read more
FeaturedLogisticsSaudi logistics startup Diggipacks acquires Egypt-based FWRUNWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 The acquisition will help Diggipacks expand in Egypt... Read more