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Card-based transactions in August rise spurred by digital payment rush

RIYADH: Saudi Arabia’s spending through point-of-sales terminals in August increased 10 percent to SR54.6 billion ($14.56 billion) compared to the year-ago period, according to the apex bank. The Saudi Central Bank, also known as SAMA, said that the key objective of the Financial Development Program is to promote digital payment solutions in transforming the Kingdom into reaching 70 percent non-cash...
Saudi Arabia Toshkent Shahri Ar Riya Kingdom Of Saudi Arabia Yousef Saleh Algahrah Al Otaibi Yasmine El Tohamy

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GE Vernova strives to bridge gap between sustainability and education in Saudi Arabia

RIYADH: As Saudi Arabia aims for carbon neutrality by 2060, global electrification firm GE Vernova wants to equip the Kingdom’s youth with the tools needed to amplify the nation’s strategy, a top executive has explained.     In an interview with Arab News, Hisham Al-Bahkali, president of GE Vernova, Saudi Arabia, emphasized the importance of science, technology, engineering, and mathematics education and its role...
Burkina Faso Ar Riya Saudi Arabia Coted Ivoire France General Alain Kazadi

Saudi firms focused on nurturing talent, says business school dean

RIYADH: Amid Saudi Arabia’s ongoing efforts to nurture its young talent, the London Business School reaffirmed its commitment to supporting the Kingdom in achieving its Vision 2030 objectives.   The dean of the premier institute said the school is focused on infusing high-quality management and leadership skills among the youth throughout the Kingdom. In an interview with Arab News, Francois...
France General Burkina Faso Coted Ivoire Ar Riya Saudi Arabia Ovigwe Eguegu

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