Native name | أرقام |
---|---|
Company type | Private |
Industry | Financial markets and macroeconomics in Saudi Arabia |
Founded | March 1, 2007; 17 years ago (2007-03-01) in Riyadh, Saudi Arabia |
Founder | Tariq 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) |
Products | Argaam Plus / Argaam Insights / IR services / IR Apps / Akhbaar24 |
Owner | SRMG 51% and 49% for private investors |
Number of employees | 255 (2024) |
Parent | Saudi Research and Marketing Group (SRMG) |
Website | https://www.srmg.com/en/home |
Argaammm (Arabic: أرقام) is a Saudi Arabian financial news portal and considered the primary source for financial news 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. Argaam has won UAE App & Web Award and is operated by the Argaam Investment Company, which launched the Arabic version in March 2007 and an English variant in April 2015.
History
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. 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
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- "Argaam takes home 2 UAE Web Awards". Al Bawaba. 2007-11-17. Retrieved 2017-09-19.
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- "Argaam Business Information FZ LLC (Argaam UAE) - Company Details on ZAWYA MENA Edition". www.zawya.com. Retrieved 2017-09-19.
- "SRMG acquires controlling stake in Saudi financial news service Argaam". Arab News. 2017-10-18. Retrieved 2020-09-08.
- "Saudi Research and Marketing Group Acquires Controlling Stake in 'Argaam'". Asharq AL-awsat. Retrieved 2020-09-08.
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