BankingFeaturedSaudi Arabia to issue digital banking licenses to STC Bank and Saudi Digital BankWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The proposal was approved during a virtual meeting that was headed by King Salman... Read more
Banking and FinanceFeaturedTabadul to streamline bank guarantee process through WthaqInternational Finance Business DeskSeptember 10, 2020 by International Finance Business DeskSeptember 10, 2020 Wthaq is in line with the Saudi Vision 2030’s digital transformation programme and seeks to improve efficiency of transactions... Read more
FintechSaudi epayments account for over 36% of all payments nowInternational Finance DeskNovember 27, 2019 by International Finance DeskNovember 27, 2019 SAMA is encouraging financial inclusion in the Kingdom by supporting advancements in epayments such as Mada... Read more
CompanyDeloitte’s first digital set-up in the Kingdom of Saudi ArabiaInternational Finance DeskMarch 6, 2018February 27, 2020 by International Finance DeskMarch 6, 2018February 27, 2020 The Deloitte Digital Center will craft the stonework to a ‘thriving economy and vibrant innovative society’ in the region... Read more
CompanySector InsightSaudi Aramco and SABIC sign MOU to develop innovative crude oil to chemicals complexInternational Finance DeskNovember 27, 2017 by International Finance DeskNovember 27, 2017 Will substantially help increasing production and further maximizing value across the entire hydrocarbons chain through integration... Read more
CompanyTechnologySEC and GE Power sign agreements to promote research in power sectorInternational Finance DeskOctober 30, 2017 by International Finance DeskOctober 30, 2017 Agreements focus on R&D to develop and install innovative technical systems to increase gas turbine efficiency... Read more