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The Saudi Exchange Co. (Tadawul) launched on Sunday the TASI50 Index, which tracks the top 50 companies ranked by total market capitalization listed on the Saudi Exchange. Tadawul said in a statement that constituents in the index cover 90% of the free float market cap with a minimum annual traded value ratio (ATVR) of 5%, ensuring that the index comprehensively represents the largest companies in the market.
Tarabut, MENA’s first and leading open banking platform, announces the appointment of Munthir Alsheddie as the company’s Country Manager in the Kingdom of Saudi Arabia. Munthir Alsheddie brings over a decade of Saudi Arabian banking experience, with a focus on digital transformation, digital products, and innovation to enhance the customer experience. His background includes
RIYADH, Kingdom of Saudi Arabia, December 27, 2023 - Fintech Saudi and Kyndryl , the world's largest IT infrastructure services company, have signed a memorandum of understanding...
Proceeds to accelerate growth and product development after a 4x revenue yearly increase
Hakbah, the leading Saudi-based fintech savings platform, announces its successful $5.1 million Series A fundraise.