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Category: Finance

By David SmithIn Finance, NewsPosted September 19, 2024

Sutherland Solutions to Drive Riyadh Air’s Financial Operations

Riyadh Air has partnered with Sutherland to enhance its financial operations through advanced digital solutions. This collaboration aims to streamline the airline’s financial processes, ensuring...

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By Noah MillerIn Finance, NewsPosted September 12, 2024

e-finance Announces Cash Dividends for H1-24 to Boost Investor Confidence

In a move aimed at enhancing investor confidence and rewarding shareholders, e-finance for Digital and Financial Investments has announced a cash dividend distribution for the...

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By Emma JohnsonIn Finance, NewsPosted September 10, 2024

Saudi Stock Market Index Declines for Fourth Consecutive Session

The Saudi Stock Exchange’s main index, the Tadawul All Share Index (TASI), has declined for the fourth consecutive session, closing at 11,962.90 points. This recent...

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By Noah MillerIn Finance, NewsPosted September 10, 2024

Saudi Market Regulator Approves IPO of Jadwa Saudi Equity Fund II

In a significant move for the Saudi financial market, the Capital Market Authority (CMA) has approved the initial public offering (IPO) of Jadwa Saudi Equity...

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By Noah MillerIn Finance, NewsPosted September 7, 2024

Saudi Arabia Invests Billions of Dollars in Africa to Boost Development and Cooperation

Saudi Arabia has committed billions of dollars to various development projects across Africa, aiming to enhance infrastructure, healthcare, education, and economic growth. This significant investment...

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By David SmithIn Finance, NewsPosted September 6, 2024

Investcorp Associate Plans to Sell Stake in Saudi-Listed BinDawood Holding

Commercial Growth Development Co., an associate of Bahrain-based Investcorp, has announced plans to sell its stake in Saudi-listed BinDawood Holding. The sale involves 64 million...

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By Emma JohnsonIn Finance, NewsPosted September 6, 2024

Riyadh to Hold Inaugural Global PropTech Summit in October

Riyadh is set to host the inaugural Global PropTech Summit this October, marking a significant milestone in the kingdom’s efforts to position itself as a...

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By Ava WilliamsIn Finance, NewsPosted September 6, 2024

Fourth Milling Co. to Go Public on Saudi Stock Exchange

Fourth Milling Company (MC4), a leading flour production company in Saudi Arabia, has announced its plans to go public on the Saudi stock exchange. The...

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By Noah MillerIn Finance, NewsPosted September 6, 2024

24 Fintech Conference in Riyadh a Big Draw

The inaugural 24 Fintech Conference, held from September 3-5, 2024, at the Riyadh Front Exhibition and Conference Center, has emerged as a major attraction in...

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By David SmithIn Finance, NewsPosted September 4, 2024

One Million State Pensioners to Miss Out on £300 Winter Fuel Payment

In a recent announcement, it has been revealed that approximately one million state pensioners will miss out on the £300 Winter Fuel Payment this year....

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By Noah MillerIn Finance, NewsPosted September 3, 2024

Egyptian Firm Plans Projects and Investments in Iraq

Egypt’s Talaat Moustafa Group (TMG) has announced plans to initiate several projects and investments in Iraq, marking a significant step in strengthening economic ties between...

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By Emma JohnsonIn Finance, NewsPosted September 3, 2024

24 Fintech Opens its Doors to Inaugural Event, Aiming to Boost Saudi Economic Growth

The inaugural 24 Fintech summit and exhibition has officially opened its doors at the Riyadh Front Exhibition & Conference Centre. This three-day event, designed to...

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By David SmithIn Finance, NewsPosted September 2, 2024

EGX Closes Sunday with Positive Performance

The Egyptian Exchange (EGX) concluded Sunday’s trading session on a high note, with several indices showing positive performance. The EGX30 main index rose by 0.42%,...

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By Emma JohnsonIn Finance, NewsPosted September 2, 2024

PM Attends Citibank Jordan’s 50th Anniversary Celebration

Prime Minister Bisher Al-Khasawneh attended Citibank Jordan’s 50th anniversary celebration in Amman, marking a significant milestone for the bank. The event highlighted Citibank’s contributions to...

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By Noah MillerIn Finance, NewsPosted August 30, 2024

Saudi Arabia’s PIF-Backed Companies Increase Dividends

Saudi Arabia’s Public Investment Fund (PIF)-backed companies have announced significant increases in their dividend payouts, reflecting the robust financial health and strategic growth of these...

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By Noah MillerIn Finance, NewsPosted August 29, 2024

Saudi Arabia Approves MoU with Iraq on Money Laundering

In a significant move to combat financial crimes, Saudi Arabia has approved a Memorandum of Understanding (MoU) with Iraq aimed at tackling money laundering and...

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