Tag: Saudi Arabia

Expo 2025 Saudi pavilion launches tour of 7 Japanese cities

With two months to go until Expo 2025 Osaka, Kansai, the Saudi Pavilion is launching a tour of seven Japanese cities that offers an...

Saudi Arabia accelerates digital transformation with new transport initiatives

Saudi Arabia’s Ministry of Transport and Logistics has taken a significant step forward in its digital transformation with the launch of a new Digitalization...

Tech-savvy Saudis push consumer fintech to new heights

Saudi Arabia’s tech-savvy population is pushing consumer fintech to new heights, with innovations such as buy now, pay later gaining significant traction, according to...

SAMA cuts benchmark interest rate to 5% in line with US Federal Reserve move 

Saudi Arabia’s central bank lowered its benchmark interest rate to 5 percent, its third cut this year, aligning with the US Federal Reserve’s decision...

Saudi Central Bank Decision on Repo and Reverse Repo Rates

The Saudi Central Bank (SAMA)decided to reduce the Repurchase Agreement (Repo) rate by 25 basis points to 5.00 percent and the Reverse Repurchase Agreement...

Saudi Arabia’s supply chain conference drives $2.2bn in new investments

RIYADH: The Supply Chain and Logistics Conference in Saudi Arabia, which wrapped up on Dec. 16 in Riyadh, saw the signing of 91 agreements...

Saudi Arabia invests $2.66bn to transform logistics infrastructure with 18 new zones

Move is part of a broader strategy to attract local and global investments It came during the opening ceremony of the sixth edition of the...

UAE, Saudi Arabia forecasted for strong credit growth in 2025: Report

The increase will be supported by continued expansion in the non-oil sector Saudi Arabia and the UAE are expected to post strong credit growth next year...

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Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

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Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...