Page 20 - Helm Co News Today : Breaking News, Live Updates & Top Stories | Vimarsana

CHINA <strong>Blockchain trials begin</strong> The central government picked 15 city governments and 164 other entities — including companies, universities, hospitals and industry groups — to carry out a trial on the application of blockchain technology. The program is aimed at “sufficiently letting the blockchain technology play its role in facilitating data sharing, optimizing business procedures, lowering costs, improving synergy and building reliable systems,” the Cyberspace Administration said yesterday. The chosen cities include Beijing, Guangzhou and Guiyang. They ar...

Elm Co’s IPO price range has been set at 113 riyals to 128 riyals

RIYADH: Saudi digital security firm Elm Co. has started institutional book-building for its initial public offering on the Saudi stock exchange. Elm, which is fully owned by the Public Investment Fund, will tap interest from institutional investors until Jan. 28 as it aims to raise 24 million shares, or 30 percent of its SR800 ($213 million) capital, as announced by Riyad

RIYADH: Last week, Saudi Arabia’s main stock index TASI wrapped up ten straight days of gains amid heightened investor sentiment. Earnings season is starting to get into full swing for the Kingdom’s listed companies. In the latest session, TASI gained 0.3 percent to reach 12,291 points, while the parallel market Nomu slipped 0.3 percent to close at 26,071 points. Other GCC

Naif Almohaia is human capital general manager of Saudi Exports. In his current role, Almohaia is leading his department’s transformation to achieve the Kingdom’s Vision 2030. Almohaia began his career in finance, staying in the industry for 13 years. It eventually led him to begin his path in human capital development, where he grew his out-of-the-box thinking and analytical