Argaam

From Wikipedia, the free encyclopedia

Native name
أرقام
Company typePrivate
IndustryFinancial markets and macroeconomics in Saudi Arabia
FoundedMarch 1, 2007; 18 years ago (2007-03-01) in Riyadh, Saudi Arabia
Argaam
Native name
أرقام
Company typePrivate
IndustryFinancial markets and macroeconomics in Saudi Arabia
FoundedMarch 1, 2007; 18 years ago (2007-03-01) in Riyadh, Saudi Arabia
FounderTariq Al Asiri | Dr. Rashid Al Owin
Headquarters,
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

Argaam (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]

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]

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