Argaam (

Arabic Arabic (, , or , ) is a Central Semitic languages, Central Semitic language of the Afroasiatic languages, Afroasiatic language family spoken primarily in the Arab world. The International Organization for Standardization (ISO) assigns lang ...

: أرقام) is a Saudi Arabian financial news portal and considered the primary source for financial news as it provides real-time updates on

financial market A financial market is a market in which people trade financial securities and derivatives at low transaction costs. Some of the securities include stocks and bonds, raw materials and precious metals, which are known in the financial marke ...

s as well as market data and analysis, interviews, and coverage of stocks listed across the region. Argaam has won

UAE The United Arab Emirates (UAE), or simply the Emirates, is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula. It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as i ...

App & Web Award and is operated by the Argaam Investment Company, which launched the

version in March 2007 and an

English English usually refers to: * English language * English people English may also refer to: Culture, language and peoples * ''English'', an adjective for something of, from, or related to England * ''English'', an Amish ter ...

variant in April 2015.

History

The company was founded on 1 March 2007 in

Riyadh Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of the Riyadh Province and the centre of the Riyadh Governorate. Located on the eastern bank of Wadi Hanifa, the current form of the metropolis largely emerged in th ...

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in West Asia. Located in the centre of the Middle East, it covers the bulk of the Arabian Peninsula and has a land area of about , making it the List of Asian countries ...

. On October 18, 2017, the Saudi Research and Marketing Group (SRMG) acquired a controlling stake in the Argaam Investment and Trading Company, which publishes an online financial news service. SRMG acquired 51 percent of Argaam for $10 million in an attempt to expand its operations, at a time when Saudi Arabia was diversifying its economy and opening up to more foreign investments and as a part of the National Transformation Plan 2020 (NTP) and Vision 2030.

Akhbaar24

Akhbaar24 (Arabic: أخبار24) is an electronic newspaper specialized in covering the latest news of interest to Saudi Arabian and Arab audience 24 hours a day, whether local or foreign. The service also covers the most influential political news in the Middle East. Akhbaar24's website also features 24 a specialized vertical for the most prominent videos posted on social networking sites and the Internet that deal with Saudi affairs. In 2022, Argaam sold 100% of its ownership of Akhbaar24 to SRMG. Following this acquisition, SRMG revamped and relaunched Akhbaar24 in June 2023, imbuing it with deeper coverage of Saudi-related news and topics, thus enhancing its Saudi Depth.

Alphabeta

Alphabeta is a sub-division of Argaam that publishes field-related Gulf columnists' articles.

References

News agencies based in Saudi Arabia Financial news agencies {{Website-stub