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COMMERCIAL NEWS

93pc organisations in KSA have an AI strategy in place: Cisco

Feb 21, 2024 1:29 PM

Some 93% of organisations in KSA have an AI strategy in place or under development while only 8% consider themselves fully prepared to deploy and leverage AI says Cisco in its AI Readiness Index in Saudi...

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Qatar leads in banking net consumer sentiment: KPMG Feb 21, 2024 1:13 PM

Qatar leads the results with a positive net banking sentiment score...

Six MoUs signed at the Saudi Capital Market Forum 2024 Feb 21, 2024 9:06 AM

Six MoUs were signed across key areas boosting collaboration and...

Saudi Arabia’s GDP hits $1.07trn in nominal terms: Minister Feb 19, 2024 3:20 PM

Saudi Arabia s GDP has risen from SR2.6 trillion ( 690 billion)...

Rothschild & Co boosts Mideast presence with new Riyadh office Feb 18, 2024 4:47 PM

Rothschild & Company one of the world s largest independent financial...

Saudi Tadawul signs cooperation deal with Bahrain Bourse Feb 8, 2024 5:46 PM

Saudi Tadawul Group and Bahrain Bourse have announced a landmark...

KSA could account for 70% of Mena region MSCI EM: Goldman Feb 21, 2024 9:29 AM

The Mena region could become 10% of MSCI EM Index with Saudi Arabia...

Riyad Capital and E Fund sign MoU for knowledge sharing Feb 20, 2024 5:31 PM

Riyad Capital the investment arm of Riyad Bank and E Fund a Chinese...

Fortinet launches a new appliance that combines 5G with AI Feb 19, 2024 9:56 AM

Fortinet a global cybersecurity leader has launched a new compact...

Saudi non-oil export to Africa tops $34bn in 5 years Feb 11, 2024 8:00 AM

Amid global economic growth and expanding international co-operation...

Almarai wins the Corporate Bond Deal of the Year Award Feb 8, 2024 4:18 PM

Almarai has won the Corporate Bond Deal of the Year Award for its...

Saudi Electricity raises $2.2bn from new sukuk offering Feb 8, 2024 10:33 AM

Saudi Electricity Company (SEC) has announced the successful completion...

Array, ALUPCO® announce strategic partnership in Middle East Feb 8, 2024 9:36 AM

Array Technologies (Array) a global leader in utility-scale solar...

Savola to distribute stake in Almarai to shareholders Feb 7, 2024 8:44 AM

Savola Group has announced its intention to distribute its entire...

Array, ALUPCO® announce strategic partnership in Middle East Feb 8, 2024 9:36 AM

Array Technologies (Array) a global leader in utility-scale solar...

Avalon IPO retail offer nets $712.1m; oversubscribed 54.3 times Feb 7, 2024 1:07 PM

Middle East Pharmaceutical Industries Company s (Avalon Pharma)...

Saudi economy targeted to reach $1.7 trillion: Al-Falih Feb 6, 2024 6:55 PM

Saudi Arabia s economy is expected to grow from SR2.6 trillion (...

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