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SAMA licenses fintech company Loan to provide consumer microfinance solutions

SAMA licenses fintech company Loan to provide consumer microfinance solutions
arabnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from arabnews.com Daily Mail and Mail on Sunday newspapers.

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Saudi Cenomi Retail plans to divest 26 brands to focus on key offerings

RIYADH: Saudi franchise retailer Cenomi Retail plans to divest 26 non-strategic brands as part of the strategy to rationalize its brand portfolio, the company said in a Tadawul filing. Formally known as Fawaz Abdulaziz Alhokair & Co., the Riyadh-based firm said it wants to focus on “Champion Brands” occupying the number one or two positions in their sectors. In the first phase ....

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TASI loses some ground on dropping oil prices: Closing bell

RIYADH: Saudi Arabia's main index ended on a negative note on Monday, as Brent crude oil fell by $1 to $94.99 a barrel. The Tadawul All Share Index was down 0.44 percent to close below 11,197 level, whereas the parallel market Nomu saw a 0.11 percent decrease to reach 19,002. Raydan Food Co. climbed 9.89 percent as it was among the top gainers. Moreover, earlier in the ....

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