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Saudi Arabia unveils fintech program to boost financial innovation

Saudi Arabia unveils fintech program to boost financial innovation
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CMA Develops Strategy for 2024/2026

Saudi Arabia's Capital Markets Authority (CMA) is working on its strategic plan for 2024-2026, announced Chairman Mohammed el-Kuwaiz. By the end of 2022, the financial market surpassed the targets for several indicators set in CMA's strategic plan. Speaking on the Saudi 93rd National Day, Kuwaiz said the number of listings on the financial market reached 49 in 2022, while the target was 24, with a completion rate of 204 percent.

Sinaha to build sustainable auto manufacturing plant in Abu Dhabi

Sinaha Platform, an Emirati e-commerce and marketing platform specialised in promoting national industries, has signed an agreement to build the first automobile facility in Abu Dhabi that will manufacture four-wheel drives using recyclable materials.

Sinaha to build sustainable auto manufacturing plant in Abu Dhabi

Sinaha Platform, an Emirati e-commerce and marketing platform specialised in promoting national industries, has signed an agreement to build the first automobile facility in Abu Dhabi that will manufacture four-wheel drives using recyclable materials.

Saudi Arabia s ACWA Power signs $2 4bn wind energy PPA with Uzbekistan

RIYADH: Saudi Arabia’s ACWA Power has signed a power purchase agreement with the National Electric Grid of Uzbekistan to build three wind power plants in the Central Asian country. The $2.4 billion Kungrad wind farm project will be executed through special-purpose vehicles in the north-western Karakalpakstan region of Uzbekistan, ACWA Power said in a bourse filing to the

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