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COMMERCIAL NEWS

SNB Capital closes cross-border insurance M&A deal

Apr 18, 2024 1:14 PM

SNB Capital has led the buyside advisory on Abu Dhabi National Insurance Company (ADNIC) s SR499 million ( 133 million) acquisition of 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance...

MORE COMMERCIAL NEWS

Saudi Arabia declares April 10 as first day of Eid Apr 8, 2024 6:57 PM

The Kingdom of Saudi Arabia has announced that Eid Al Fitr which...

Informatica launches KSA’s first AI-powered IDMC Apr 2, 2024 12:46 PM

Informatica has launched its AI-powered Intelligent Data Management...

Saudi Exchange marks milestone with 400th listed security Mar 31, 2024 4:19 PM

The Saudi Exchange has marked a major milestone welcoming its 400th...

Private equity activity surges in KSA, hits $4bn in 2023 Mar 27, 2024 9:36 AM

Saudi Arabia has witnessed a remarkable surge in private equity...

Franklin Templeton launches in KSA with Riyadh office Mar 20, 2024 4:35 PM

Franklin Templeton has announced that it has officially launched...

Top GCC insurers' revenue surges 19pc to $32bn in FY2023 Apr 7, 2024 11:18 AM

The price increases regulatory enforcement as well as merger and...

Tonomus, Monstarlab to transform professional services in KSA Apr 2, 2024 9:55 AM

Tonomus NEOM s cognitive technology and digital infrastructure subsidiary...

FDI inflow to Saudi Arabia jumps 16% to $3.47bn in Q4 2023 Mar 28, 2024 6:50 PM

The net flow of Foreign Direct Investment (FDI) into Saudi Arabia...

PwC Middle East, Microsoft launch AI Centre of Excellence Mar 21, 2024 4:31 PM

PwC Middle East in Saudi Arabia and Microsoft have announced the...

Emircom launches state-of-the-art security centre in Riyadh Mar 19, 2024 5:38 PM

Emircom a leader in cutting-edge IT solutions and services has opened...

Top 10 Saudi banks’ performance stays robust: report Mar 18, 2024 12:10 PM

The performance of the top 10 banks in Saudi Arabia is largely robust...

Saudi non-oil economy hits record $453bn at constant prices Mar 16, 2024 8:19 PM

Non-oil activities in Saudi Arabia have achieved a historic milestone...

Gulf Capital to invest $100m in Saudi technology, innovation sectors Mar 13, 2024 11:02 AM

Gulf Capital has signed an agreement with the Saudi Research Development...

Aramco unit, Thales enter cybersecurity alliance Mar 17, 2024 4:16 PM

Cyberani an Aramco company and a national cyber champion has entered...

Schneider, DataVolt to bring next-gen data centres to KSA Mar 14, 2024 1:06 PM

Schneider Electric a global leader in energy management and automation...

BSF announces 2nd cohort of ‘Banker Technologist’ Mar 13, 2024 10:22 AM

Following the success and impact of its first cohort Banque Saudi...

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