Western Union Acquires Stakes in Saudi STC Pay for $200 Million
In an acquisition deal, #Western Union Co. purchased 15% stake in Saudi STC Pay for $200 ...
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Orient Insurance Postpones Saudi Arabia Expansion Plans to 2022
Orient Insurance, one of the largest insurers in the United Arab Emirates, has announced to postpone ...
Saudi Aramco Heads for Paying Dividends After Job Cuts
In response to the ongoing oil slump, Saudi Arabian Oil Company (Saudi Aramco) lets go employees ...
Saudi Central Bank Funds $13.3 Billion to Support Bank Liquidity
In the wake of coronavirus pandemic, Saudi Central Bank said on Monday to be providing $13.3 ...
Saudi’s Central Bank reconfirms pegging to U.S. Dollar
The Saudi Arabia’s central bank which is aiming at a sustainable economic growth during the coronavirus pandemic asserted its commitment ...
Vocalink Introduces Frictionless Future of Real-Time Payments in Saudi Arabia
Vocalink, a Mastercard company, and an international payment systems provider, is now in alliance with the ...
Saudi Central Bank Regulator Imposes Fines on 16 Institutions for Violations
Saudi Arabian Monetary Authority (Sama) has fined 16 financial institutions including the country’s largest banks for ...
UAE Stock Market Hits $1 Trillion Milestone As IPO Booms
UAE stock market growth was due to successful IPOs, increased foreign inflows, and strong corporate earnings. ...
Cloud Computing Economic Zone in Riyadh Set to Transform Industries
The economic zone has provided investors with significant access to untapped prospects from 15 months of ...
Heatwave’s Toll on Hajj: Hundreds Perish Amid Climate Concerns
Several climate experts mention that these deaths provide a preview of what lies ahead for the ...
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