CITC to host Digital Technology Forum with focus on investment opportunities in Saudi Arabia

The Communications and Information Technology Commission (CITC) is hosting the first edition of the annual Digital Technology Forum with the theme of “Promising investment opportunities for a digital future”. The forum will be held in coordination with the Saudi Ministry of Communication and Information Technology (MCIT) and the Saudi Ministry of Investment (MISA). It will […]

Accounting for 43% of sales, courier and parcel service providers set to dominate global cargo bike market as leading end users

Easy mobility and maneuverability of cargo bikes are chief factors shaping the demand outlook of the global cargo bikes market. As per a recent market study by ESOMAR-certified consulting firm Future Market Insights (FMI), the cargo bikes market totaled US$ 900 Mn in 2021. As traffic congestion is increasing across the globe, government authorities in various counties are encouraging […]

Backbase expands commitment to Saudi Arabia with new center and appointment of new senior leadership

Backbase is reaffirming its commitment to Saudi Arabia with the launch of a new regional office and the appointment of a new senior leadership team in the country. This latest expansion follows increasing market demand in Saudi Arabia, with SAMA – the Kingdom’s financial regulator – offering new licenses and open banking development as part […]

Mohamed Al Sharhan appointed as Deputy Managing Director of World Government Summit Organization

His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Organization, has approved the appointment of Mohamed Yousef Al Sharhan as Deputy Managing Director of WGS, in a step that embodies the directions of the UAE leadership to empower the youth, and enable them into creating effective change and […]

National Investments Company succeeded in new investment in pipe technologies

Mr. Fahad Al Mukhaizim, CEO of National Investments Company (“NIC”), said in a press release: The Investment Banking Sector (“IB”) managed to capture many new investments in the infrastructure, real estate, credit and technology sectors, Furthermore the Company started the year 2021 with a strong pipeline of mandates, including a number of M&A buy-side mandates, […]