RIYADH: Local markets and online shopping will experience a surge during Ramadan activities thanks to an influx of consumers adapting their shopping habits during the holy period. The purchasing power of customers in the Kingdom during the month reflects a unique blend of cultural traditions, religious observances, and economic factors. In line with global consumer tendencies, … Read more
RIYADH: Saudi Exchange is on track to broaden its market offerings, attract foreign listings, and strengthen the debt and derivatives markets, according to its CEO. Speaking in an interview with Arab News on the sidelines of the third edition of the Saudi Capital Market Forum, Mohammed Al-Rumaih explained that this reflects signs of strength. … Read more
stc pay, a subsidiary of stc Group and Bahrain’s most innovative and accessible mobile wallet for digital financial transactions, has announced a strategic partnership with Mastercard. The collaboration is set to elevate subscribers’ experience while extending value-added benefits that align with their lifestyles and aspirations.
CAIRO: Saudi Arabia’s startup ecosystem ranked first in regional venture funding activities in 2023, amassing an unprecedented $1.38 billion in capital. This achievement positioned the Kingdom at the forefront of venture capital funding in the Middle East and North Africa, surpassing the $1 billion mark for the first time, as reported by MAGNiTT in their … Read more