Despite the COVID-19 pandemic, ongoing conflicts and record economic decline, most young Arabs in the Middle East & North Africa (MENA) believe their best days lie ahead of them, but they look up to their governments to tackle nepotism and corruption, and provide more support in starting their own businesses. These are some of the
Competition in the Kingdom of Saudi Arabia’s (KSA) banking sector is intensifying as customer demands and expectations continue to increase, according to new research by Boston Consulting Group (BCG). The findings from BCG’s “2021 Consumer Sentiment Study in Banking”, in which over 2,000 respondents in Saudi Arabia were surveyed, ascertain a further understanding of the
Sommet Education, the world’s leading network of hospitality education institutes, has signed an agreement with the Tourism Development Fund (TDF) in Saudi Arabia to support the development of the Kingdom’s tourism sector.
First Orion, a provider of digital call experiences for the world’s leading mobile carriers, enterprises, and mobile apps, released findings from its 2021 Brand Impact Report. The report surveyed U.S. mobile subscribers to better understand their experiences with unidentified callers and their preferences with how brands communicate with them. Findings show that 93% of survey
Seera Group, the largest travel and tourism company in the region, announced today that it has successfully led a SAR 28Million Series A funding round of financing for Siwar, a Saudi-based food-tech startup, including participation by other prominent strategic investors. Siwar was launched in 2020 to meet the growing and untapped needs of a new
Sommet Education Group, world N°1 network in hospitality education institutes, and the Tourism Development Fund in the Kingdom of Saudi Arabia sign an agreement contributing to support the development of the tourism sector in the Kingdom. The aim is to further develop the Saudi Tourism Development Fund employees and partners know-how,knowledge, skills, and competencies in
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution focused on the energy sector, announced that it has successfully raised US $750 million from its debutgreen bonds. The US-denominated five-year benchmark issuance, the first green bond in the MENA region issued by an energy-focused investment institution, was nearly three times oversubscribed, garnering USD