SAMA

Saudi Arabia Construction Industry Report 2024: Market to Expand by 4.6% in Real Terms this Year, Supported by Public and Private Investments - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 1, 2024
Energy, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Utilities, Construction, Shareek, Saudi Ports Authority, Risk, Housing, Commercial, Climate, Sport, City, Tourism, Yoy, FDI, Sector, Growth, Transport, NEOM, Assessment, SAMA, Central bank, Ministry of Investment, Government, Saudi Vision 2030

The "Saudi Arabia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Saudi Arabia Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
  • Construction industry in Saudi Arabia to expand by 4.6% in real terms in 2024, supported by public and private investment in the development of transportation, energy, tourism and housing projects.
  • As of early March 2024, the Kingdom has SAR121.9 billion (32.5 billion) transport infrastructure projects in the bidding stage.
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Saudi Arabia, featuring details of key growth drivers.

STC Bank launches in Beta supported by SAMA

Retrieved on: 
Thursday, April 4, 2024
SAMA, Kingdom, Vision 2030, IBAN, Empowerment, Central bank, STC, Fintech, Digital, Cryptocurrency

RIYADH, Saudi Arabia, April 4, 2024 /PRNewswire/ -- Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank.

Key Points: 
  • RIYADH, Saudi Arabia, April 4, 2024 /PRNewswire/ -- Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank.
  • This beta launch will enable selected users to upgrade their accounts from an stc pay digital wallet into an STC Bank account.
  • Customers will be provided with an STC Bank International Bank Account Number (IBAN) and get additional banking services.
  • STC Bank will be a significant addition to the Saudi banking sector by offering traditional banking services through a customer centric digital approach.

STC Bank launches in Beta supported by SAMA

Retrieved on: 
Thursday, April 4, 2024
SAMA, Kingdom, Multimedia, Vision 2030, IBAN, Empowerment, Central bank, STC, Fintech, Digital, Cryptocurrency

RIYADH, Saudi Arabia, April 4, 2024 /PRNewswire/ -- Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank.

Key Points: 
  • RIYADH, Saudi Arabia, April 4, 2024 /PRNewswire/ -- Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank.
  • This beta launch will enable selected users to upgrade their accounts from an stc pay digital wallet into an STC Bank account.
  • Customers will be provided with an STC Bank International Bank Account Number (IBAN) and get additional banking services.
  • STC Bank will be a significant addition to the Saudi banking sector by offering traditional banking services through a customer centric digital approach.

Kingdom Debt Landscape Transforms: KSA Debt Collection Market Poised for 5.2% CAGR, Driven by Regulatory Reforms and Technology Adoption: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
Digital transformation, Collection, Research, Artificial intelligence, Workforce, Traction, Risk management, Service, Ethics, Computer security, Digital, Data analysis, Big data, Communication, SAMA, Risk assessment, Technological innovation, KSA, Bank

Ken Research's comprehensive report, KSA Debt Collection Market Outlook to 2028: Navigating a Changing Landscape, delves into this dynamic market, projecting a promising 5.2% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Debt Collection Market Outlook to 2028: Navigating a Changing Landscape, delves into this dynamic market, projecting a promising 5.2% CAGR over the next five years.
  • Regulatory Reforms: The introduction of the "Collection Agencies Law" in 2017 has established a clear regulatory framework, promoting ethical and transparent debt collection practices.
  • The KSA debt collection market is poised for exciting developments in the coming years:
    Focus on Customer Experience: Debt collection agencies will prioritize customer experience, offering flexible payment options and debt management solutions.
  • Enhanced Regulatory Landscape: Continued regulatory reforms are expected to further enhance transparency and consumer protection in the debt collection process.

Kingdom Debt Landscape Transforms: KSA Debt Collection Market Poised for 5.2% CAGR, Driven by Regulatory Reforms and Technology Adoption: Ken Research

Retrieved on: 
Tuesday, February 27, 2024
Digital transformation, Collection, Research, Artificial intelligence, Workforce, Traction, Risk management, Service, Ethics, Computer security, Digital, Data analysis, Big data, Communication, SAMA, Risk assessment, Technological innovation, KSA, Bank

Ken Research's comprehensive report, KSA Debt Collection Market Outlook to 2028: Navigating a Changing Landscape, delves into this dynamic market, projecting a promising 5.2% CAGR over the next five years.

Key Points: 
  • Ken Research's comprehensive report, KSA Debt Collection Market Outlook to 2028: Navigating a Changing Landscape, delves into this dynamic market, projecting a promising 5.2% CAGR over the next five years.
  • Regulatory Reforms: The introduction of the "Collection Agencies Law" in 2017 has established a clear regulatory framework, promoting ethical and transparent debt collection practices.
  • The KSA debt collection market is poised for exciting developments in the coming years:
    Focus on Customer Experience: Debt collection agencies will prioritize customer experience, offering flexible payment options and debt management solutions.
  • Enhanced Regulatory Landscape: Continued regulatory reforms are expected to further enhance transparency and consumer protection in the debt collection process.

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
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

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
PayPal, BNPL, Wealth management, Yaqeen, Research, Artificial intelligence, Traction, STC, Risk management, Growth, Computer security, Future, Digital, Government, API, Insurance, SAMA, Kingdom, Risk assessment, Blockchain, Ecosystem, Fintech, Vision 2030, KSA, Consumer, Payment, Ant Group, Stripe, Ant

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
International, Internet, Algorithm, Research, Traction, Investment, Growth, API, SAMA, Vision 2030, Sharia, KSA, Kingdom, Distribution, Financial adviser

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
International, Internet, Algorithm, Research, Traction, Investment, Growth, API, SAMA, Vision 2030, Sharia, KSA, Kingdom, Distribution, Financial adviser

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.

Indonesia's Cybersecurity Market Set for Remarkable Growth, Poised to Reach $917.9M by 2028

Retrieved on: 
Monday, February 5, 2024
ECC, Cloud, Application security, Telecom, Workflow, Information, Network security, Internet of things, Penetration test, Government, Advanced persistent threat, Content, SME, Type, SIEM, Application, Cloud computing security, Big data, SOC, Database, Firewall, Mobile security, Deployment, SAMA, Security, Defense, Network, Software, Email, Organization, Finance

Therefore, enterprises are boosting investment to enhance their cybersecurity measures.

Key Points: 
  • Therefore, enterprises are boosting investment to enhance their cybersecurity measures.
  • The strict regulations by the government such as ECC and Cybersecurity Framework by SAMA will also act as a catalyst for the surging growth of the cybersecurity market in Saudi Arabia.
  • Increasing adoption of cybersecurity solutions by SMEs and other enterprise segments is expected to drive market growth.
  • The need to establish secure and trustworthy digital identities is anticipated to remain a top priority for all major business and companies.