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Argaam

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Argaam
Native name
أرقام
Company typePrivate company
IndustryFinancial markets and macroeconomics in Saudi Arabia
FoundedMarch 1, 2007; 17 years ago (2007-03-01) in Riyadh, Saudi Arabia
FounderTariq Al Asiri | Dr. Rashid Al Owin
Headquarters
Riyadh
,
Saudi Arabia
Key people
Islam Zween (CEO), Mohamed Maameri (COO), Abdulaziz AlObaid (CRO), Mahmoud Hamdy (CMO), Waleed ElSayed (CFO)[1]
ProductsArgaam Plus / Argaam Insights / IR services / IR Apps / Akhbaar24
OwnerSRMG 51% and 49% for private investors
Number of employees
255 (2024)
ParentSaudi Research and Marketing Group (SRMG)
Websitehttps://www.srmg.com/en/home

Argaammm (Arabic: أرقام) is a Saudi Arabian financial news portal[2] and considered the primary source for financial news[3][4][5][6][7] as it provides real-time updates on financial markets as well as market data and analysis, interviews, and coverage of stocks listed across the region.[8][9][10][11][12] Argaam has won UAE App & Web Award[13] and is operated by the Argaam Investment Company, which launched the Arabic version in March 2007 and an English variant in April 2015.[14][15][16][17]

History

[edit]

The company was founded on 1 March 2007 in Riyadh, Saudi Arabia.

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.[18] 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.[19]

Akhbaar24

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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

[edit]

Alphabeta is a sub-division of Argaam that publishes field-related Gulf columnists' articles.[16]

References

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  1. ^ "Argaam signs exclusive advertising agency agreement with Speakol". 27 January 2022.
  2. ^ "Argaam.com Traffic, Demographics and Competitors - Alexa". www.alexa.com. Archived from the original on 2019-05-10. Retrieved 2017-09-19.
  3. ^ التواتي, علي بن حسن (2016-03-30). "خبر لا يمر مرور الكرام". Okaz (in Arabic). Archived from the original on 2017-09-21. Retrieved 2017-09-21.
  4. ^ (جدة), حامد العطاس (2014-08-14). "أصول صناديق الاستثمار تصل 116 ملياراً". Okaz (in Arabic). Archived from the original on 2017-09-21. Retrieved 2017-09-21.
  5. ^ (جدة), حامد العطاس (2014-08-17). "19 مليار ريال حجم القروض المتعثرة في البنوك". Okaz (in Arabic). Archived from the original on 2017-09-21. Retrieved 2017-09-21.
  6. ^ جدة, عبد الله رشاد كاتب ـ (2009-08-02). "توقعات إيجابية اليوم واختبار 5840 نقطة". Okaz (in Arabic). Retrieved 2017-09-21.
  7. ^ اليوم, صحيفة (10 November 2009). "450 مليار ريال القيمة السوقية لـ "سابك" و"الراجحي" و"الاتصالات"". www.alyaum.com (in Arabic). Retrieved 2017-09-21.
  8. ^ "السحوبات النقدية عبر أجهزة الصرف الآلي ترتفع إلى 55 مليار ريال". جريدة الرياض (in Arabic). Retrieved 2017-09-21.
  9. ^ "الأسهم المحلية الثانية من حيث الأداء السيئ بين الأسواق العالمية". جريدة الرياض (in Arabic). Retrieved 2017-09-21.
  10. ^ "هشاشة وضبابية قطاع التأمين.. واستعصاء حلول العلاج". جريدة الرياض (in Arabic). Retrieved 2017-09-21.
  11. ^ ""أرامكو" تتهيأ لإبرام عقود خدمات هندسية عامة (GES plus) مع 7 شركات". www.al-jazirah.com. Retrieved 2017-09-21.
  12. ^ اليوم, صحيفة (26 May 2014). "رواتب التنفيذيين بين الجهد المبذول والدوري". www.alyaum.com (in Arabic). Retrieved 2017-09-21.
  13. ^ "Argaam takes home 2 UAE Web Awards". Al Bawaba. 2007-11-17. Retrieved 2017-09-19.
  14. ^ "About us". www.argaam.com. Retrieved 2017-09-19.
  15. ^ "Argaam Business Info FZ-LLC: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved 2017-09-19.
  16. ^ a b "Argaam". www.gcf.org.sa. Archived from the original on 2017-09-22. Retrieved 2017-09-19.
  17. ^ "Argaam Business Information FZ LLC (Argaam UAE) - Company Details on ZAWYA MENA Edition". www.zawya.com. Retrieved 2017-09-19.
  18. ^ "SRMG acquires controlling stake in Saudi financial news service Argaam". Arab News. 2017-10-18. Retrieved 2020-09-08.
  19. ^ "Saudi Research and Marketing Group Acquires Controlling Stake in 'Argaam'". Asharq AL-awsat. Retrieved 2020-09-08.


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