BankingFeaturedSaudi British Bank launches the Kingdom’s first shariah compliant supply chain finance solutionIFM CorrespondentNovember 17, 2021 by IFM CorrespondentNovember 17, 2021 The launch is in line with Vision 2030 initiative to increase financing to the SME sector... Read more
FeaturedTechnologyUAE-based tech firm Immensa raises $7 mn in funding to expand into Saudi ArabiaIFM CorrespondentNovember 12, 2021 by IFM CorrespondentNovember 12, 2021 The funding round was led by Energy Capital Group (ECG) and Al Turki Ventures... Read more
FeaturedHealthcareOutstanding Geriatric Care at Dar As-Salama Medical HospitalWebAdminNovember 2, 2021 by WebAdminNovember 2, 2021 The geriatrics care unit at the hospital has a reputation of being one of the best in the Kingdom because of its excellent service over the last three decades... Read more
FeaturedInsuranceMEDGULF wins the best CSR program award in Saudi ArabiaWebAdminNovember 2, 2021November 2, 2021 by WebAdminNovember 2, 2021November 2, 2021 MEDGULF’s CSR program is aligned with international standards... Read more
BankingFeaturedAlbilad Capital CEO is awarded the Best Emerging Investment CEO in the Kingdom for the year 2021WebAdminOctober 28, 2021 by WebAdminOctober 28, 2021 Albilad Capital is making strides in the industry as it grew by more than 22% annually and the company maintained a market share of more than 31%... Read more
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