Kingdom

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Redefining Finance: KSA Fintech Market Soars at 12.5% CAGR, Fueled by Vision 2030 and Digital Transformation: Ken Research

Retrieved on: 
Tuesday, February 27, 2024

Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Fintech Market Outlook to 2028: Shaping the Future of Finance, delves into this dynamic market, projecting a remarkable 12.5% CAGR over the next five years.
  • Several key factors are propelling the KSA fintech market towards a future brimming with innovation:
    Vision 2030: The government's ambitious plan prioritizes financial inclusion and digital transformation, creating a conducive environment for fintech adoption through supportive regulations and infrastructure development.
  • Shifting Consumer Preferences: Younger generations are increasingly tech-savvy and open to embracing alternative financial solutions, seeking convenience, personalization, and transparency.
  • The KSA fintech market features a diverse mix of players:
    Global Fintech Giants: Established players like PayPal, Stripe, and Ant Group are entering the market with their global expertise and advanced technologies.

Robo-Revolution in the Kingdom: KSA Robo-Advisory Market Zooms Ahead at 48% CAGR, Fueled by Tech Adoption and Millennials' Power: Ken Research

Retrieved on: 
Monday, February 26, 2024

Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for investors, financial institutions, and stakeholders seeking to capitalize on this flourishing trend.
  • Tech Adoption: Increasing internet and smartphone penetration, coupled with government initiatives like Vision 2030, creates a fertile ground for digital investment platforms.
  • Focus on Investor Education: Financial institutions and regulators are collaborating to educate investors about robo-advisors and promote responsible investment practices.

Robo-Revolution in the Kingdom: KSA Robo-Advisory Market Zooms Ahead at 48% CAGR, Fueled by Tech Adoption and Millennials' Power: Ken Research

Retrieved on: 
Monday, February 26, 2024

Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.

Key Points: 
  • Ken Research's insightful report, KSA Robo-Advisory in Wealth Management Market : Investing in the Future, delves into this dynamic market, projecting a remarkable 48% CAGR over the next five years.
  • This press release summarizes the key findings and offers valuable insights for investors, financial institutions, and stakeholders seeking to capitalize on this flourishing trend.
  • Tech Adoption: Increasing internet and smartphone penetration, coupled with government initiatives like Vision 2030, creates a fertile ground for digital investment platforms.
  • Focus on Investor Education: Financial institutions and regulators are collaborating to educate investors about robo-advisors and promote responsible investment practices.

Automating Efficiency: Saudi Arabia Warehouse Automation Market Gears Up for 14.2% CAGR, Driven by E-commerce Boom and Vision 2030: Ken Research

Retrieved on: 
Thursday, February 22, 2024

Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.

Key Points: 
  • Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.
  • Several key factors are propelling the Saudi Arabian warehouse automation market towards a bright future:
    E-commerce Boom: The exponential growth of e-commerce is driving demand for efficient and high-throughput warehouse operations, necessitating automation solutions.
  • Vision 2030: The government's ambitious Vision 2030 plan emphasizes logistics sector development, creating a conducive environment for automation adoption.
  • Rising Labor Costs: Increasing labor costs are prompting companies to seek automation solutions for cost-efficiency and productivity gains.

Automating Efficiency: Saudi Arabia Warehouse Automation Market Gears Up for 14.2% CAGR, Driven by E-commerce Boom and Vision 2030: Ken Research

Retrieved on: 
Thursday, February 22, 2024

Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.

Key Points: 
  • Ken Research's comprehensive report, Saudi Arabia Warehouse Automation Market Outlook to 2028: Automating the Path to Progress, sheds light on this dynamic market, poised for a remarkable 14.2% CAGR in the coming years.
  • Several key factors are propelling the Saudi Arabian warehouse automation market towards a bright future:
    E-commerce Boom: The exponential growth of e-commerce is driving demand for efficient and high-throughput warehouse operations, necessitating automation solutions.
  • Vision 2030: The government's ambitious Vision 2030 plan emphasizes logistics sector development, creating a conducive environment for automation adoption.
  • Rising Labor Costs: Increasing labor costs are prompting companies to seek automation solutions for cost-efficiency and productivity gains.

Lummus Announces Heater Supply Contract for Mega Petrochemical Project in Saudi Arabia

Retrieved on: 
Thursday, February 22, 2024

HOUSTON, Feb. 22, 2024 /PRNewswire/ -- Lummus Technology, a global provider of process technologies and value-driven energy solutions, announced a contract award from Hyundai Engineering & Construction Co. Ltd. to provide eight proprietary Short Residence Time (SRT®) ethylene cracking heaters at SATORP's Amiral petrochemical complex in the Kingdom of Saudi Arabia.

Key Points: 
  • "Licensing multiple technologies and supplying the cracking heaters for the Amiral project underscores Lummus' ability to integrate technology, proprietary equipment and lifecycle services during customers' capital investment and operation cycles," said Rutger Theunissen, Chief Business Officer of Services and Supplies, Lummus Technology.
  • These factors — combined with Lummus' best-in-class technologies — will enhance and optimize SATORP's operations well into the future."
  • The Amiral integrated refinery and petrochemical complex is operated by SATORP, a joint venture between Saudi Aramco and TotalEnergies.
  • For more than 75 years, the Lummus Heat Transfer business has supplied heat transfer equipment and systems to the process and power industries.

BE OPEN spoke of its work to support SDGs at the 2nd International Conference on Sustainability in Riyadh

Retrieved on: 
Wednesday, February 21, 2024

LONDON, Feb. 21, 2024 /PRNewswire/ -- On February 21, the closing day of the 2nd International Conference on Sustainability: Developments & Innovations, BE OPEN took part in the culminating panel discussion dedicated to the role of international organizations in promoting sustainability aspects.

Key Points: 
  • LONDON, Feb. 21, 2024 /PRNewswire/ -- On February 21, the closing day of the 2nd International Conference on Sustainability: Developments & Innovations, BE OPEN took part in the culminating panel discussion dedicated to the role of international organizations in promoting sustainability aspects.
  • BE OPEN strongly advocated inclusion of sustainability programs into curriculums of universities worldwide, as well as encouraging students to build their own awareness and personally contribute to sustainability causes.
  • BE OPEN is happy to joins in to offer the global creative community a nourishing platform for communication, exchange of unconventional ideas, guidance, mentorship and support."
  • The 2024 ICSDI conference and exhibition were organised with support from BE OPEN by the Prince Sultan University in Riyadh, Saudi Arabia.

BE OPEN spoke of its work to support SDGs at the 2nd International Conference on Sustainability in Riyadh

Retrieved on: 
Wednesday, February 21, 2024

LONDON, Feb. 21, 2024 /PRNewswire/ -- On February 21, the closing day of the 2nd International Conference on Sustainability: Developments & Innovations, BE OPEN took part in the culminating panel discussion dedicated to the role of international organizations in promoting sustainability aspects.

Key Points: 
  • LONDON, Feb. 21, 2024 /PRNewswire/ -- On February 21, the closing day of the 2nd International Conference on Sustainability: Developments & Innovations, BE OPEN took part in the culminating panel discussion dedicated to the role of international organizations in promoting sustainability aspects.
  • BE OPEN strongly advocated inclusion of sustainability programs into curriculums of universities worldwide, as well as encouraging students to build their own awareness and personally contribute to sustainability causes.
  • BE OPEN is happy to joins in to offer the global creative community a nourishing platform for communication, exchange of unconventional ideas, guidance, mentorship and support."
  • The 2024 ICSDI conference and exhibition were organised with support from BE OPEN by the Prince Sultan University in Riyadh, Saudi Arabia.

INAUGURAL ALULA FUTURE CULTURE SUMMIT CELEBRATES INNOVATIVE IDEAS, ARTISTIC ENDEAVOURS, AND INCLUSIVE CULTURE WITH A GLOBAL AUDIENCE

Retrieved on: 
Wednesday, February 21, 2024

The inaugural AlUla Future Culture Summit will take place in Daimumah, where contemporary art, nature and heritage come together in the scenic heart of the Cultural Oasis.

Key Points: 
  • The inaugural AlUla Future Culture Summit will take place in Daimumah, where contemporary art, nature and heritage come together in the scenic heart of the Cultural Oasis.
  • Held under the theme of 'Cultural Landscapes', the summit acts as a hub for innovative arts and culture and a facilitator of cross-cultural dialogue and creative expression.
  • The AlUla Future Culture Summit builds upon these deep-rooted traditions while celebrating the dawn of a new chapter.
  • For more information, please download the AlUla Future Culture Summit app available in the Android and Apple app stores.