Saudi fintech joins the battle for US retail investors

RIYADH: Saudi entrepreneur Nezar Bakhsh has joined the battle for US retail investors after launching a financial technology startup that sells stock trading advice to traders. Its Quant Alpha platform offers investors AI-based software, which he told Arab News: “It adds a level of simplicity, reliability and academic rigor to investment strategies.” The Jeddah-based firm, … Read more

Banks are a strange place to keep your cryptocurrencies

One of the biggest strengths of cryptocurrencies is that they allow people to break away from traditional banking systems. Now the banks are hoping to convince you otherwise. As US regulators take a closer look at the world of cryptocurrencies, it is likely that US banks will soon follow their large overseas counterparts by offering … Read more

France has an investment fund to guarantee the supply of minerals

Radisson plans to quadruple Saudi hotels with the Kingdom’s growth second to China RIYADH: The Radisson Hotel Group is very optimistic about the growth of the Saudi tourism market. The group is now considering quadrupling the number of hotels it operates in in the Kingdom as it plans to move its regional headquarters to Riyadh … Read more

Saudi fintech investments soar as regulators fix the 2021 landscape

Saudi Arabia’s “unprecedented growth” is set to consolidate its position as a leader in mergers and acquisitions in 2022 RIYADH: Saudi Arabia has become one of the most attractive markets for international companies looking for new mergers and acquisitions and is set to maintain its position in 2022. The country’s growth stood at 6.8 percent … Read more