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Careem to launch new digital wallet in Saudi Arabia in next fintech push: CEO
The UAE-bred ride-hailing service Careem will expand its latest fintech venture, digital payments, into Saudi Arabia, the company’s CEO Mudassir Sheikha said in an interview with Al Arabiya.Calling it......
MENA in ‘critical’ food security position with Ukraine war: World Bank officialThe Middle East and North Africa region (MENA) is in a “critical” position with food and fuel as the Russia-Ukraine war continues to unfold, World Bank Managing Director of Development Policy and......
Siemens CEO: Competition in Iraq good as long as there’s a level playing fieldThe CEO of Siemens told Al Arabiya that his company does not mind fierce competition in Iraq as long as “there’s a level playing field so that the best team could win.” An......
SABIC CEO: Decline of product prices stopped in past two weeksYousef al-Benyan, CEO of Saudi Basic Industries Corporation (SABIC), told Al Arabiya that the prices of its major products declined between 8 and 30 percent as a result of global economic......
Market upgrade to boost foreign investments in Saudi Arabia to $30-$50 billionMohammed bin Abdullah al-Quweiz, the president of Saudi Capital Market Authority, has said he expects inflows of around $30-$50 billion to invest in the country’s stock market because of the......
Scaramucci tells Al Arabiya: Saudi reforms to have a positive regional impactIn an interview with Al Arabiya News Channel, Founder of Skybridge Capital and Former Trump aide Anthony Scaramucci said he believes that ongoing reforms by the Saudi government will have a positive......